Service Agreement
Tulku B.V. — tulku.studio
This is Tulku’s standard Service Agreement. A signed version is issued per engagement, together with a Statement of Work.
This Service Agreement (“Agreement”) is entered into between Tulku B.V. and the Client named above.
Tulku is a venture studio that works with founders and leaders at the moment clarity matters most — through validation, coaching, and building. Any reference to “work,” “output,” or “deliverables” includes but is not limited to research, prototypes, strategic frameworks, workshops, coaching sessions, code, design, copy, concepts, and documentation.
By engaging Tulku for services, the Client agrees to the terms outlined in this Agreement.
Tulku agrees to provide services as outlined in the attached Statement of Work (“SOW”), signed by both parties. The SOW details the scope, deliverables, timeline, and specific engagement type.
2.2Engagement types may include but are not limited to:
Changes to the agreed scope must be requested in writing and confirmed by both parties before additional work commences. Out-of-scope work will be quoted separately.
2.4Tulku operates as a pack — assembling the right combination of operators, thinkers, builders, and coaches per engagement. Tulku reserves the right to engage trusted partners or subcontractors where appropriate. All subcontractors are bound by the confidentiality terms of this Agreement.
Fees are outlined in the attached SOW or proposal and cover services provided by Tulku only. Any third-party costs — tools, research panels, production, legal, or otherwise — are not included unless explicitly stated.
3.2An advance payment of [50%] of the agreed fee is due before work commences. Work will not begin until the advance payment has been received.
3.3The remaining balance is due within [14] calendar days of project completion or the final deliverable, whichever comes first.
3.4Payment methods: bank transfer (IBAN provided on invoice) or any method agreed upon in writing.
3.5Tulku retains ownership of all work until full payment has been received. The Client may not use, distribute, or publish any deliverables until full payment is made.
3.6Late payments are subject to statutory interest under Dutch law (Wettelijke handelsrente) from the due date. Tulku reserves the right to suspend or terminate services if payment is not received within [14] days of the due date.
3.7Any disputes regarding invoices must be communicated in writing within [5] business days of receipt.
The Client agrees to appoint a single point of contact for the duration of the engagement.
4.2Timely feedback and approvals from the Client are required to maintain project timelines. Delays caused by the Client may affect delivery dates and do not reduce payment obligations.
4.3Tulku will provide progress updates as outlined in the SOW. Additional reporting or project management beyond what is included in the SOW will be charged separately.
Either party may terminate this Agreement with written notice of [14] calendar days.
5.2In the event of termination, the Client is responsible for payment of all work completed up to the date of termination, including any non-cancellable third-party costs incurred on the Client’s behalf.
5.3If Tulku terminates due to Client breach of this Agreement, all outstanding fees become immediately due.
5.4Upon termination, all deliverables produced to date remain the property of Tulku until outstanding fees are paid in full.
Both parties agree to keep all project details, strategic information, and proprietary materials confidential during and after the engagement.
6.2Tulku will not disclose the Client’s business information, trade secrets, or intellectual property to any third party, except as required by law or with the Client’s prior written consent.
6.3The Client will not disclose concepts, strategies, frameworks, or approaches developed by Tulku during the engagement without prior written consent.
6.4Confidentiality obligations survive termination of this Agreement for a period of [3] years.
Due to the nature of Tulku’s work across multiple industries and client types, industry crossovers may occur.
7.2Tulku reserves the right to work with other clients without Client approval, provided confidentiality is maintained.
7.3If a direct conflict of interest arises, Tulku will notify the Client in writing and discuss appropriate measures.
All deliverables produced by Tulku under this Agreement remain the property of Tulku B.V. until full payment has been received.
8.2Upon full and final payment, ownership and usage rights of the agreed deliverables transfer to the Client, unless otherwise specified in the SOW.
8.3Concepts, frameworks, approaches, and methodologies developed by Tulku that are not part of the agreed deliverables remain the intellectual property of Tulku B.V. and may be reused in future engagements.
8.4Tulku retains the right to reference the engagement and use non-confidential outputs for portfolio and promotional purposes, including on tulku.studio and associated channels, unless the Client requests otherwise in writing.
8.5The Client warrants that any materials provided to Tulku do not infringe on third-party intellectual property rights.
The Client agrees to indemnify and hold Tulku B.V., its directors, partners, and subcontractors harmless from any claims, liabilities, losses, or expenses arising from:
Tulku’s total liability under this Agreement shall not exceed the total fees paid by the Client for the relevant engagement.
9.3Tulku is not liable for indirect, incidental, or consequential damages arising from the use of its services or deliverables.
This Agreement is governed by and construed in accordance with the laws of the Netherlands. Any disputes arising from this Agreement shall be submitted to the competent court in the Netherlands.
This Agreement, together with the attached SOW, constitutes the entire agreement between the parties and supersedes all prior discussions or understandings.
11.2If any provision of this Agreement is found to be unenforceable, the remaining provisions remain in full effect.
11.3Amendments to this Agreement must be made in writing and signed by both parties.
By signing below, both parties agree to be bound by this Agreement.
Tulku B.V.
Client
Any questions? Contact Maurice de Vries via info@tulku.studio or +31 6 816 796 88.