General
Dial a CFO is a trading division of Dial New Zealand Limited, Companies Office Registration Number: 3492571.
Associates are neither Agents nor Employees of Dial a CFO. They are subscribers to a service whereby Dial a CFO through its Associate network will attempt to source engagement opportunities in the commercial business arena. To this end, Dial a CFO facilitates the transaction between Associate and Client.
Where a Client chooses to engage one or more Associates, this is normally evidenced by either an arms length third party agreement, or alternatively a fixed term employment agreement. Dial a CFO is not a party to this agreement. The terms agreed by Client and Associate may require that the Associate maintain certain levels of liability and / or indemnity insurance and the Client may request evidence that this cover is current and appropriate. In the event of dispute between Client and Associate, neither party has any right or recourse whatsoever on Dial a CFO for either direct or consequential loss.
Where a Client engages an Associate through Dial a CFO, this crystallises an obligation to pay either a defined project engagement fee or subscription at the previously determined and documented amount.
Payment of any amount does not carry any right to equity in Dial a CFO.
Dial a CFO is not responsible for any tax, health & safety, or other obligations arising from either statute or common law in respect of the activities of its Associates or Clients.
In the event an Associate is employed by a Dial a CFO Client, this crystalises a one off fee due by the Client to Dial a CFO calculated at 10% of the annualised starting salary of the Dial Associate.
Terms of Trade
Defined Fee
1. Introduction
Welcome to Dial a CFO! The following Terms of Trade spells out what you can expect from us (Dial a CFO), and what we expect from you as our Client.
Both parties acknowledge that the nature of the defined fee service is fixed term and that the intention is to provide certainty to the Client by quoting a fixed cost with reference to the complexity, duration, and experience of the Associate undertaking the engagement. No additional cost will be incurred other than remuneration negotiated directly with the Associate and evidenced in a separate agreement for the specific engagement, on the proviso that the financial implications of the engagement remain largely as anticipated at the outset.
2. Access and Services
In return for remitting the defined fee, Dial a CFO will provide unrestricted access to the Associate undertaking the engagement, the details of which are spelt out in the professional services agreement between the Client and Associate. In the event that the engagement terms materially change, agreed between both parties that the initial fee is under or over stated by 10%, Dial a CFO reserves the right to invoice or pass a credit for the difference between the initial fee and the restated estimate.
3. INVOICING AND GST
This transaction attracts GST at the standard rate and you will be invoiced with payment due in accordance with the timeframes detailed in the clause below.
4. Fees and Payment
You are required to remit the defined fee within 7 days of the invoice date.
5. CANCELLATION
In exceptional circumstances you may nominate to cancel the agreement. This decision would not normally result in a defined fee refund unless Dial a CFO considers it reasonable and appropriate to do so. In the unlikely event our Associate is unable to complete the engagement, we reserve the right to find replacement resource within the Dial membership at no cost to you. In cancelling the agreement, you will notify the Dial Associate in addition to the Dial a CFO Principal and ensure that any obligations as detailed in your professional services agreement with the Associate are adhered to.
6. Privacy Considerations
Both parties acknowledge that this agreement is private and in this respect will not disclose any detail to another party without the express permission of the other.
Subscription
1. Introduction
Welcome to Dial a CFO! The following Terms of Trade spells out what you can expect from us (Dial a CFO), and what we expect from you as our Client.
Both parties acknowledge that the nature of the subscription service is long term and that resource requirements will fluctuate over time. The subscription service provides the Client certainty that no additional cost will be incurred other than terms negotiated directly with the Associate and evidenced in a separate agreement.
2. Access and Services
In return for remitting the appropriate monthly subscription, Dial a CFO will provide unrestricted access to its Associate resource pool. We will facilitate the introduction of appropriate resource to undertake the work however the day to day management of the resource is your responsibility, unless otherwise agreed with Dial a CFO. The amount of the subscription fee is fixed regardless of the number of Associates engaged through Dial a CFO.
3. INVOICING AND GST
This transaction attracts GST at the standard rate and you will be invoiced quarterly in advance with payment due in accordance with the timeframes detailed in the clause below.
4. Fees and Payment
You will remit a monthly fee, fixed for a period of 12 months at an amount agreed and evidenced in the exchange of emails with the Dial a CFO Principal. You will be required to pay by direct credit on the 1st day of each and every month to a Dial a CFO nominated bank account or on the nearest business day where the 1st falls on a weekend or public holiday. This payment is in advance for access to the services during that month.
5. CANCELLATION
You may unsubscribe at any time by cancelling the payment and in doing so, agree that any Dial a CFO resource engaged by you will be terminated before the end of the month in which your last payment is made. In doing so, you will notify the Dial Associate in addition to the Dial a CFO Principal and ensure that any obligations as detailed in your professional services agreement with the Associate are adhered to.
6. Privacy Considerations
Both parties acknowledge that this agreement is private and in this respect will not disclose any detail to another party without the express permission of the other.
