{{company_name}}
{{company_address}}
Phone: {{phone}} | Email: {{email}} | Web: {{website}}
Agreement Relating to an Elected Domicile
Agreement Relating to an Elected Domicile
1. Parties
This Agreement is made and entered into on this {{day}} day of {{month}}, {{year}}, by and between:
Party A: {{party_a_name}}, residing at/with its principal place of business at {{party_a_address}}.
Party B: {{party_b_name}}, residing at/with its principal place of business at {{party_b_address}}.
2. Election of Domicile
Party A hereby irrevocably elects its domicile for all legal, judicial, extra-judicial, and administrative purposes related to the matters specified in this Agreement, at the following address:
{{elected_domicile_address}}
Any and all notices, summonses, demands, communications, and legal processes served at the Elected Domicile shall be deemed valid and binding upon Party A, as if served at its physical residence or principal place of business.
3. Purpose of Election
The election of domicile is made for the following purposes:
a. {{purpose_1}}
b. {{purpose_2}}
c. Any other legal or administrative matters as may be agreed upon by the Parties in writing.
4. Term
This Agreement shall commence on the date first written above and shall remain in full force and effect until such time as Party A formally revokes this election of domicile in writing, with such revocation requiring a minimum of {{notice_period}} days' prior written notice to Party B, or until the completion of the specific matters for which this domicile was elected, whichever occurs later.
5. Acceptance by Party B
Party B hereby acknowledges and accepts the election of domicile made by Party A as set forth herein, and agrees to deliver all relevant communications to the Elected Domicile.
6. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of {{country}}.
7. Dispute Resolution
Any dispute, controversy, or claim arising out of or in connection with this Agreement, including its existence, validity, interpretation, performance, breach, or termination, shall be referred to and finally resolved by arbitration in accordance with the rules of the {{arbitration_institution}}.
8. Amendments
No amendment, modification, or waiver of any provision of this Agreement shall be effective unless in writing and signed by both Parties.
9. Entire Agreement
This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior discussions, negotiations, and agreements, whether oral or written.
IN WITNESS WHEREOF
The Parties have executed this Agreement on the date first above written.
___________________________
Party A: {{party_a_name}}
___________________________
Party B: {{party_b_name}}
WITNESSES:
1. Name: {{witness_1_name}}
Signature: ___________________________
2. Name: {{witness_2_name}}
Signature: ___________________________
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