Agreement Reference: SayProP116-CT061

This Agreement is made and entered into on [Date] by and between:

1. PARTIES

1.1 SayPro (The Recipient Organization)

Company Name: SayPro
Company Registration Number: 2018 / 537703 / 07
Address: 167 14th Road, Midrand, Gauteng, South Africa, 1685
Represented by: Mr. Neftaly Vutisani Malatjie, SayPro Chief Executive Officer
(Hereinafter referred to as “SayPro”).

1.2 Funding Agency (The Funder)

Name: [Funding Agency Name]
Address: [Funding Agency Address]
Contact Number: [Funding Agency Contact]
Email: [Funding Agency Email]
(Hereinafter referred to as “Funder”).

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2. PURPOSE OF AGREEMENT

This Agreement outlines the terms and conditions under which the Funder provides financial support to SayPro for specific projects, programs, or initiatives. The funding aims to enhance education, skills development, employment opportunities, and community upliftment in alignment with SayPro’s mission.

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3. SCOPE OF FUNDING

• Project Name: [Project Name]
• Funding Amount: [Total Amount in ZAR/USD]
• Funding Period: [Start Date] – [End Date]
• Purpose of Funding: [Brief Description of Intended Use]
• Payment Schedule: [Lump sum/Installments with specific dates]
• Reporting Requirements: [Quarterly/Annual Reports, Financial Statements, Impact Reports]

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4. RESPONSIBILITIES OF SAYPRO

SayPro agrees to:

1. Utilize the funds solely for the agreed-upon purpose.
2. Maintain accurate financial records and provide required reports to the Funder.
3. Comply with all legal and regulatory requirements related to funding usage.
4. Acknowledge the Funder’s contribution in publications, events, and reports (if applicable).
5. Allow the Funder to conduct audits or evaluations to ensure proper fund utilization.

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5. RESPONSIBILITIES OF THE FUNDER

The Funder agrees to:

1. Disburse the agreed-upon funds as per the payment schedule.
2. Provide guidelines and expectations for reporting and monitoring.
3. Offer additional support where necessary, such as networking, mentorship, or technical assistance.
4. Maintain confidentiality regarding SayPro’s financial and operational information.

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6. MONITORING AND EVALUATION

• SayPro shall submit progress and financial reports at agreed intervals.
• The Funder reserves the right to request additional documentation or site visits to verify project implementation.
• An impact assessment will be conducted at the end of the funding period to evaluate outcomes.

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7. CONFIDENTIALITY AND DATA PRIVACY

• Both parties agree to maintain confidentiality regarding all sensitive and proprietary information.
• SayPro will ensure compliance with data protection laws when handling beneficiary information.

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8. TERMINATION OF AGREEMENT

• Either party may terminate this Agreement by providing [X] days’ written notice.
• The Funder reserves the right to suspend or withdraw funding if SayPro fails to comply with the terms.
• In the event of early termination, SayPro shall return any unspent funds unless otherwise agreed.

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9. DISPUTE RESOLUTION

• Any disputes shall first be addressed through good-faith negotiations.
• If unresolved, disputes will be referred to mediation or arbitration under South African law.

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10. GENERAL PROVISIONS

• Entire Agreement: This document represents the full agreement between SayPro and the Funder.
• Amendments: Any changes must be agreed upon in writing by both parties.
• Severability: If any part of this Agreement is found invalid, the rest remains in effect.

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11. SIGNATURES

Signed on Behalf of SayPro (Recipient Organization)

Mr. Neftaly Vutisani Malatjie
SayPro Chief Executive Officer
Signature: _________________________
Date: _________________________

Signed by Funder (Funding Agency Representative)

Name: _________________________
Title: _________________________
Organization: _________________________
Signature: _________________________
Date: _________________________

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Witnesses

Witness 1:
Name: _________________________
Signature: _________________________
Date: _________________________

Witness 2:
Name: _________________________
Signature: _________________________
Date: _________________________