Terms & Conditions
- Intellectual Property: The software developed by the company shall be the sole property of the client, and the company shall not use it for any other purpose other than for the client. The client shall be responsible for obtaining any necessary licenses for the software.
- Confidentiality: The company shall maintain the confidentiality of all client information, including but not limited to business practices, financial information, and trade secrets.
- Payment Terms: The company shall be paid for services rendered in accordance with the agreed payment schedule. If the client fails to make payment within the agreed terms, the company may suspend its services until the outstanding amount is paid in full.
- Termination: Either party may terminate the agreement by giving written notice to the other party. In the event of termination, the company shall promptly return all confidential information and materials to the client.
- Warranty: The company shall warranty that the software developed shall perform in accordance with the specifications agreed upon by the parties. In the event of a warranty claim, the company shall, at its sole discretion, either repair or replace the software.
- Limitation of Liability: The company shall not be liable for any indirect, incidental, or consequential damages arising from the use of the software, including but not limited to loss of profits, business interruption, and loss of data.
- Indemnification: The client shall indemnify and hold the company harmless from any and all claims, liabilities, damages, and expenses arising from the use of the software, including but not limited to any claims for infringement of intellectual property rights.
- Dispute Resolution: Any dispute arising from this agreement shall be resolved through arbitration in accordance with the rules of the American Arbitration Association.
- Governing Law: This agreement shall be governed by the laws of the state in which the company is incorporated.
- Entire Agreement: This agreement constitutes the entire agreement between the parties and supersedes all prior negotiations, representations, and agreements, whether written or oral. No modification of this agreement shall be effective unless made in writing and signed by both parties
