Last updated 10 December 2019
All capitalized terms used but not defined in this Agreement shall have the meaning ascribed to them in the SaaS Agreement.
Last updated 10 December 2019
Except as otherwise explicitly provided in this Agreement or as may be expressly permitted by applicable Law, the Subscriber will not, and will not permit any unauthorized third parties to: (a) rent, lease, transfer or otherwise permit third parties to use the Services; (b) use the Services for any purpose other than in connection with its business operations; or (c) circumvent or disable any security or other technological features or measures of the Services. Notwithstanding the foregoing, the Subscriber may allow its users to access and use the Services in connection with the Subscriber’s data, provided that the Subscriber is solely responsible for any such use by its users. Subscriber will obtain and maintain any required consents necessary to permit the processing of its user’s data and shall be solely responsible for any liability arising from the processing of its user’s data using the Services. Subscriber will not permit access to the Services to any competitor of Algonomy whatsoever, nor will the Subscriber access or use the Services to monitor their availability, performance or functionality, or for any benchmarking for any other purpose whatsoever.
Subscriber will use the Services in compliance with all applicable Laws, and refrain from any unethical conduct or any other conduct that tends to adversely affect the reputation of Algonomy or the Services.
Subscriber will use commercially reasonable efforts to prevent any unauthorized use of the Services and documentation and immediately notify Algonomy in writing of any such unauthorized use that comes to the Subscriber’s attention. If there is any unauthorized use by anyone who obtained access to the Services directly or indirectly through the Subscriber the Subscriber will take all steps reasonably necessary to terminate the unauthorized use. Subscriber will cooperate and assist with any actions taken by Algonomy to prevent or terminate unauthorized use of the Services.
Algonomy reserves all rights to the Services not expressly granted to the Subscriber in accordance with this Agreement.
Subscriber is solely responsible for all activity occurring under the Subscriber’s user accounts and will abide by all applicable Laws in connection with the Subscriber’s use of the Services, including those related to data privacy, international communications and the transmission of technical or personal data. Subscriber will: (a) notify Algonomy immediately of any unauthorized use of any password or account or any other known or suspected breach of security; (b) not permit, allow or facilitate any user to impersonate another user (whether a Algonomy user or otherwise) or provide false identity or information to gain access to or use the Services; (c) be solely responsible for the accuracy, quality, integrity, legality, reliability, appropriateness, and intellectual property ownership and right to use all data submitted by the Subscriber and /or any of the Subscriber’s end users in the course of receiving the Services and (d) be solely responsible for ensuring that all data collected or processed while using the Services is done in compliance with all applicable data protection and/or privacy laws, and that all consents and/or intimations to its users have been obtained/provided while collecting and/or processing its users data, as may be required under applicable law.
Algonomy may, from time to time, change or discontinue any or all of the Services or change or remove functionality of any or all of the Services from time to time. Algonomy will provide prior notice to the Subscriber of any material change to or discontinuation of any of the Service(s). Subscriber’s continued use of the Services will be deemed its acceptance of such modification. The Subscriber shall be entitled, on any material diminution or discontinuance of the Services, to request a refund of any advance Subscription Fees paid for any diminished or discontinued Service on a proportional basis.
Algonomy may suspend the Subscriber’s right to access or use any portion or all of the Services immediately upon notice to the Subscriber if it determines that:
The initial term of this Agreement will be for a period of 3 (three) years, unless specified otherwise in the SaaS Agreement or unless the Agreement is terminated earlier in accordance with its terms.
This Agreement may be terminated as follows:
If this Agreement or any subscriptions in this Agreement are terminated for any reason, (a) the Subscriber will pay to Algonomy any fees, reimbursable expenses, compensation, or other amounts that have accrued prior to the effective date of the termination, (b) any and all liabilities accrued by the Subscriber prior to the effective date of the termination will survive, and (c) the Subscriber will provide Algonomy with a written certification signed by an authorized Subscriber representative certifying that all use by the Subscriber of the Services has been discontinued, (d) any backups of data will be executed by Algonomy at cost and handed over to the Subscriber. Subscriber shall be liable to pay all data hosting charges up to the date of handover of such data.
Each Party represents and warrants to the other that: (a) this Agreement has been duly executed and delivered and constitutes a valid and binding agreement enforceable against such Party in accordance with its terms; (b) no authorization or approval from any third party is required in connection with such Party’s execution, delivery, or performance of this Agreement; and (c) the execution, delivery, and performance of this Agreement does not violate the Laws of any jurisdiction or the terms or conditions of any other agreement to which it is a party or by which it is otherwise bound.
The Subscriber shall further indemnify and hold Algonomy harmless from all claims, costs, liabilities, proceedings, damages and expenses (including reasonable attorney’s fee) awarded against, or incurred or paid by Algonomy in connection with, based on or arising from: (a) any third party claim that any, material or information provided by the Subscriber to Algonomy under this Agreement infringes or misappropriates any third party’s Intellectual Property Rights, (b) breach by the Subscriber or its representatives of this Agreement; (c) unauthorised or unlawful use of the Services by the Subscriber; (d) bundling or use of the Product in combination with any third party products or (e) any breach by the Subscriber of any applicable data protection and/or privacy laws.
Algonomy retains all ownership and intellectual property rights to the Services and any updates or upgrades to the Services developed by Algonomy and delivered under this Agreement. Subscriber also acknowledges that third-party technology may be used as part of the Service, and the intellectual property of such third-party technology shall be governed by the terms of the respective third-party technology owner.
The Subscriber and/or any Subscriber’s end user may not:
Algonomy will indemnify the Subscriber against: (a) all damages, costs, and attorneys’ fees finally awarded against Subscriber in any proceeding under Section 7.2; (b) all out-of-pocket costs (including reasonable attorneys’ fees) reasonably incurred by Subscriber in connection with the defense of such proceeding (other than attorneys’ fees and costs incurred without Algonomy’s consent after Algonomy has accepted defense of such claim); and (c) if any proceeding arising under Section 7.2 is settled, all amounts paid to any third party as agreed to by Algonomy in settlement of any such claims.
Algonomy will have no obligation under this Section 7 for any infringement to the extent that it arises out of or is based upon: (a) the combination, operation, or use of the Services not authorized by Algonomy under the terms of this Agreement or otherwise, if such infringement would have been avoided but for such combination, operation, or use; (b) designs, requirements, or specifications for the Services required by or provided by Subscriber, if the alleged infringement would not have occurred but for such designs, requirements, or specifications; (c) use of the Services outside of the scope of the subscriptions granted to the Subscriber; (d) Subscriber’s failure to use the latest release of the Services or to comply with instructions provided by Algonomy, if the alleged infringement would not have occurred but for such failure; (e) any modification of the Services not made by Algonomy where such infringement would not have occurred absent such modification; or (f) unauthorized use of the Services. Subscriber will reimburse Algonomy for any costs or damages that result from these actions covered under this Section 7.5.
Section 7.2 and Section 7.3 state Algonomy’s sole and exclusive liability, and the Subscriber’s sole and exclusive remedy, for the actual or alleged infringement of any third party intellectual property right by the Services. The indemnity provided under Section 7.3 is a right afforded exclusively to the Subscriber and cannot be assigned, transferred, or passed through to any third party.
Algonomy and the Subscriber will be and act as an independent contractors and this Agreement will not be interpreted or construed as: (a) creating or evidencing any agency, association, joint venture, partnership, or franchise between the Parties; or (b) prohibiting or restricting Algonomy’s performance of any services for any third party or the provision of products to any third party. The Subscriber must not represent to anyone that the Subscriber is an agent of Algonomy or is otherwise authorized to bind or commit Algonomy in any way without Algonomy’s prior written authorization.
This Agreement shall survive any change of control of Algonomy and notwithstanding Section 10.2, shall be freely assignable by Algonomy (if necessary) and be binding upon any entity in control of Algonomy or operating its business following such a transaction. A change in control of Algonomy shall be deemed to have occurred: (1) on the closing date of a merger, consolidation, or share transfer involving Algonomy that results in the transfer of 50% or more of the voting stock of Algonomy; (2) on the closing date of a sale or other transfer of 50% or more of the fair market value of Algonomy’s assets; or (3) if Algonomy enters into any agreement whereby Algonomy may reasonably be anticipated to be directed by another person or business entity, or to act in concert, and not independently, of another person or business entity, in the management and policies of Algonomy.
Algonomy may utilize a subcontractor or other third party to perform its duties under this Agreement so long as Algonomy remains responsible for all of its obligations under this Agreement.
Subject to the provisions of Section 9 (Confidentiality) the Subscriber will: (a) make one or more representatives reasonably available for reference inquiries from potential Algonomy customers, partners, and investor; and (b) further subject to the Subscriber’s prior written consent, allow Subscriber’s name and logo to be posted on Algonomy’s web site and in marketing and advertising materials.
All notices and other communications required or permitted hereunder to be given to a Party shall be in writing, in the English language, and shall be sent by facsimile, e-mail, or mailed by prepaid internationally-recognized courier, or otherwise delivered by hand or by messenger, addressed to such Party’s address as set forth below or at such other address as the Party shall have furnished to the other Party in writing in accordance with this provision:
If to Algonomy:
at the address provided by Algonomy in the SaaS Agreement
If to the Subscriber:
at the address provided by the Subscriber in the SaaS Agreement
Any notice sent in accordance with this Section 10.7 shall be deemed to have been received: (a) at the time of transmission if sent by facsimile; (b) at the time of transmission, if sent by electronic mail; (c) 5 (five) business days after the time and date of posting if sent by an internationally recognized courier; and (d) at the time of delivery if delivered personally.
If the whole of any part of the performance by Algonomy of any part of its respective obligations hereunder is prevented or delayed by causes, circumstances or events beyond the control of Algonomy including delays due to acts of God, floods, fires, accidents, earthquakes, riots, explosions, wars, hostilities, acts of government, custom barriers, labour disputes, systemic electrical, telecommunications, network or other utility failures affecting Algonomy or other causes of like character beyond the control of Algonomy (“Force Majeure”), then to the extent Algonomy is prevented or delayed from performing all or any part of its obligations hereunder by reason thereof despite due diligence and reasonable efforts to do so notwithstanding such causes, circumstances or events, Algonomy shall be excused from penalty or performance hereunder for so long as such causes, circumstances or events shall continue to prevent or delay such performance.
Unless otherwise specified in the SaaS Agreement, this Agreement will be interpreted, construed, and enforced in all respects in accordance with the local Laws of India, without reference to its choice of Law rules. Any dispute arising out of this Agreement or provision of Services provided will be subject to the jurisdiction of the local courts at Bangalore, India.
The waiver by either Party of any breach of any provision of this Agreement does not waive any other breach. The failure of any Party to insist on strict performance of any covenant or obligation in accordance with this Agreement will not be a waiver of such Party’s right to demand strict compliance in the future, nor will the same be construed as a novation of this Agreement.
If any part of this Agreement is found to be illegal, unenforceable, or invalid, the remaining portions of this Agreement will remain in full force and effect. If any material limitation or restriction on the use of the Services under this Agreement is found to be illegal, unenforceable, or invalid the Subscriber’s right to use the Services will immediately terminate.
The Parties may from time to time include additional subscriptions or services governed through the execution of additional addendums, specifying additional products and payments for those products as mutually agreed. Such addendums will be bound by all the terms and conditions of this Agreement, and in the event of a conflict between this Agreement and such addendums, the addendums shall take priority and prevail in so far as such conflicts are identified and stated in such addendums.
This Agreement, including all exhibits, is the final and complete expression of the agreement between the Parties regarding the subscription of the Services. This Agreement supersedes, and replaces any pre-existing agreements between the Parties. This Agreement may be amended only by a written agreement signed by an authorized representative of each Party.
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