## IT IS HEREBY AGREED AS FOLLOWS: 

## Article 1 – SUBJECT MATTER; PERFORMANCE 

1.1 The Service Provider undertakes to carry out an Assignment consisting of the provision of the Services specified in Annex A. 

1.2 The Service Provider shall perform the Assignment in accordance with Annexes A and B. 

## Article 2 – DURATION AND TERMINATION 

2.1 The Contract shall enter into force as soon as it has been signed by both Parties (the “ Effective Date ”). 

2.2 The Services shall be provided from the [Ef fective Date ] OR [ date] (the “Start Date”)] and be completed no later than on [ date ] (the " End Date "), save where the Contract is terminated in accordance with the Agreement. 

2.3 The period of execution of the Assignment may be extended only by written amendment of this Contract, signed by the Parties before the End Date. 

## Article 3 – PRICE 

3.1 In consideration for performing the Services, the fixed price payable to the Service Provider shall be EUR [ l ], inclusive of expenses and exclusive of VAT. 1 OR 

3.1 In consideration for performing the Services, the Service Provider shall be paid at [a daily/hourly rate of EUR [ l ] / the rates set out in Annex B], inclusive of expenses and exclusive of VAT. The total amount which can be paid to the Service Provider under the Contract shall not exceed EUR [ l ], inclusive of expenses and exclusive of VAT. $^{2}$ OR 

3.1 In consideration for performing the Services, the Service Provider shall be paid at [a daily/hourly rate of EUR [ l ] / the rates set out in Annex B], exclusive of VAT. The [Bank/Fund] will reimburse authorised expenses as specified in Annex A upon submission by the Service Provider of invoices for such expenses. The total amount that can be paid to the Service Provider under the Contract in respect of both fees and expenses shall not exceed EUR [ l ], exclusive of VAT. $^{3}$ 

## Article 4 – TERMS OF PAYMENT 4 $^{ }$ 

4.1 The Service Provider shall issue an invoice upon completion of the Assignment and written approval by the [Bank/Fund]  of [ l ] as described in Annex A. $^{5}$ OR 

4.1 The Service Provider shall issue a lump-sum invoice upon written approval by the [Bank/Fund]of the following deliverables: 

