Terms and Conditions for Geologic Coreholes Ltd.

Definitions:

“Company” refers to Geologic Coreholes Ltd, the provider of drilling services.

“Client” refers to the individual or entity requiring the services the company provide.

“Services” refers to all drilling-related activities provided by the company, including site visits, drilling, testing and reporting.

Agreement to terms:

By requesting and using the Company’s services, the Client agrees to comply with these terms and conditions.

The Company reserves the right to modify these terms and conditions at any time. Any changes will be in effect immediately after they have been posted on the Company website or the Client has been informed directly.

Range of services:

The Company will provide services as per the requirements and specifications mutually agreed between Client and Company.

Any additional services requested by the Client, outside of the initial agreement, may incur additional charges.

Pricing and payment:

Service pricing will be as stated in the quote provided by the Company to the Client.

A Cancellation fee of £200 is required if the Client cancels the services that have been agreed, with less than a 3 working day notice period.

The remaining balance is to be paid upon completion of the services provided or as agreed in the payment schedule agreed in writing.

Late payments of after 21 days from the date on the invoice, will incur an interest rate of 10% per 21 days from the due date until the full payment has been received.

Client responsibilities:

The Client must provide accurate information regarding the site and requirements before work is commenced.

It is the Client’s responsibility to obtain any necessary permits and approvals required for drilling services to go ahead on site.

The Client must ensure that the site is safely accessible for the Company’s personnel, vehicles, machinery and equipment.

Company responsibilities:

The Company shall perform all required services with professionalism, skilled experience and care to the project at hand.

The Company will adhere and comply to all relevant health and safety regulations while performing the services required of them.

Liability and insurance:

The Company holds Public Liability and Employers Liability insurance coverage for its services and operations.

The Company is not liable for any incidental, indirect or consequential damages that may arise from the performance of the services.

The Client agrees to indemnify and hold the Company harmless in the event of and claims, damages or losses arising from the Client’s failure to comply with the Company’s terms and conditions.

Warranties and guarantees:

The Company guarantees that the services provided will be professional and skilled-like manner.

Any defects in the services must be reported to the Company within 7 days of service completion. The Company will then rectify any defects at no extra cost to the Client.

Termination:

Either party may terminate the written agreement for any reason with more than 3 working days prior to the commencement of services, with no charge to the Client.

In the event of termination once services have commenced, the Client shall pay for all services rendered up to the date of termination.

Confidentiality:

Both parties agree to keep confidential any owned information, received from the other party during the course of the project.

Dispute resolution:

Any disputes arising under these terms and conditions shall have all intentions to be resolved through good faith, understanding and negotiation between both parties.

If the dispute cannot be resolved through negotiation methods, it will be submitted to mediation as agreed upon by both parties.

Entire agreement:

These terms and conditions constitute the entirety of the agreement between Company and Client regarding the services and supersede any prior agreements or understandings, whether written or delivered orally.

Severability:

If any provision of these terms and conditions are found to be invalid or unenforceable, the remaining provisions shall remain in full effect.