Legal Application Cypr

LEGAL APPLICATION CYPR

This Legal Application ("Application") is executed on between Client Name: of Address: (hereinafter "Applicant") and Representative Name: of Firm: (hereinafter "Representative").

RECITALS

WHEREAS, Applicant seeks legal representation, advice and assistance in relation to the matter described as: (the "Matter") which involves legal proceedings, administrative proceedings, or transactional matters arising under the laws and courts of the Republic of Cyprus;

WHEREAS, Representative is a duly authorized legal practitioner with the competence and capacity to advise and represent Applicant in the Matter and has agreed to accept appointment to act on Applicant's behalf subject to the terms set forth below;

WHEREAS, Applicant desires to appoint Representative and Representative desires to accept such appointment on the terms and conditions set forth in this Application.

NOW THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties agree as follows:

1. APPOINTMENT; SCOPE OF SERVICES

1.1 Appointment. Applicant hereby appoints Representative to provide legal services in respect of the Matter, and Representative accepts such appointment and agrees to perform the services described in this Section.

1.2 Scope. Representative shall, as requested and agreed with Applicant: prepare and file court or administrative pleadings and applications in Cyprus; conduct legal research; appear at hearings; negotiate settlements; prepare transactional documentation; and provide legal advice reasonably necessary to the conduct of the Matter. Services outside this scope shall require written amendment and may incur additional fees.

2. AUTHORITY AND INSTRUCTIONS

2.1 Authority. Applicant authorizes Representative to take such actions and to execute such documents as Representative reasonably deems necessary for the prosecution, defense or settlement of the Matter, including signing procedural documents and receiving service of process on Applicant's behalf.

2.2 Specific Authority for Filing. Applicant specifically authorizes Representative to submit filings, applications and other communications to courts, tribunals, regulatory bodies or administrative authorities in the Republic of Cyprus and to engage local counsel where required.

3. FEES, RETAINER AND EXPENSES

3.1 Fees. Applicant agrees to compensate Representative on the basis of hourly rates or agreed fixed fees. The primary billing rate or fixed fee for the Matter is:

3.2 Retainer. Applicant shall pay a retainer in the amount of prior to commencement of work. Representative shall hold the retainer in a client trust account and shall render periodic invoices against the retainer.

3.3 Expenses. Applicant shall reimburse Representative for reasonable disbursements and out-of-pocket expenses incurred in connection with the Matter, including filing fees, courier charges, expert fees and translation costs. Representative may require payment on account of anticipated expenses.

4. CLIENT COOPERATION; DOCUMENTS

4.1 Cooperation. Applicant shall timely provide all information, documents, records and instructions reasonably required for Representative to perform the services. Failure to cooperate may result in suspension or termination of services.

5. CONFIDENTIALITY

Representative shall keep all communications and materials received from Applicant in confidence except as required to perform the services or as disclosure is required by law, court order, or to comply with professional obligations. This confidentiality obligation survives termination of this Application.

6. CONFLICTS; DISCLOSURES

Applicant represents that Applicant has disclosed all material facts and parties relevant to the Matter. Applicant expressly confirms: No known conflict of interest exists between Applicant and Representative in respect of the Matter.

If Representative becomes aware of a potential conflict, Representative will notify Applicant and may take such steps as are required by professional rules, including withdrawal if necessary.

7. TERM AND TERMINATION

This Application shall commence on the date above and shall continue until the Matter is concluded or until terminated by either party upon written notice. Representative may withdraw for cause in accordance with professional obligations. Upon termination, Applicant shall pay Representative for all services rendered and expenses incurred up to the effective date of termination.

8. NOTICES

All notices required under this Application shall be in writing and delivered to the addresses set forth below. Notice shall be effective upon personal delivery, confirmed overnight courier, or three (3) days after deposit in certified mail.

9. AMENDMENT; WAIVER

No amendment or waiver of any provision of this Application shall be effective unless in writing and signed by both parties. Failure to enforce any right shall not constitute a waiver of that right.

10. GOVERNING LAW; JURISDICTION

This Application shall be governed by and construed in accordance with the substantive laws of the Republic of Cyprus. The parties submit to the exclusive jurisdiction of the courts of the Republic of Cyprus for resolution of disputes arising out of or relating to this Application, subject to any mandatory rules of forum or jurisdiction.

11. ENTIRE AGREEMENT; SEVERABILITY; COUNTERPARTS

This Application constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior oral or written understandings. If any provision is found invalid, illegal or unenforceable, the remaining provisions shall remain in full force and effect. This Application may be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute one instrument.

12. CERTIFICATION AND AUTHORIZATION

Applicant certifies that all information provided to Representative for the purpose of the Matter is true, accurate and complete to the best of Applicant's knowledge. Applicant authorizes Representative to make any statements or take any actions necessary to pursue the Matter and to retain third-party service providers as required.

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