At the end of this agreement, the parties may agree to extend the period by one year from the completion date. The company provides travel-related services and accommodations, including the following services: The travel agency is committed to obtaining and maintaining appropriate insurance with [Company.Name] as „other insureds” for the duration of this contract. The travel agency should maintain in good condition all materials and real estate included in this travel agency contract. The travel agency will offer items listed in this agreement to businesses and consumers as part of travel packages. The company provides the Agency with a non-exclusive license to provide the company`s services and accommodations as part of vacation and travel packages. The company remains the rightful owner of all securities, rights and interests of the property and any material made available for the conclusion of this agreement. All third parties participating in this agreement must be sold and maintained by the company. Non-recovery or the possibility of obtaining proof of insurance is considered a reason for termination at the discretion of the company. In the event that the company is aware of a violation of any of the provisions of this agreement, it is entitled to terminate the travel agency contract in its entirety.

In the proceeding, one of the parties opposes the renewal of this agreement that concludes the agreement at the time of decline. In addition, the company undertakes to provide the travel agency with sales and marketing materials to promote the accommodations and services listed in this agreement. The travel agency will offer the above services and accommodations to business and consumer customers as part of travel packages, in accordance with the terms of this travel agency contract. In return, the company agrees to pay the travel agency`s commissions on the basis of actual sales. At the company`s request, the travel agency presents proof of insurance for each month during the duration of this travel agency contract. If the terms of this agreement are violated, the responding party has the option of terminating the contract.