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Vtrio Solutions
Overview

Terms of Service

This is a simplified overview of our standard terms. A detailed MSA will be shared at the time of agreement.

1. Definitions

Key terms such as Services, Deliverables, Fees, SOW, and Term are defined in the detailed MSA.

2. Scope of Services

Services will be provided as per the agreed SOW, including defined deliverables, timelines, and responsibilities. This agreement is non-exclusive.

3. Fees & Payment

Fees are defined in the SOW. Invoices are payable within 7 days. Late payments may incur additional charges.

4. Expenses

Pre-approved project-related expenses will be invoiced with supporting documentation.

5. Invoice Disputes

Any invoice disputes must be raised within 7 days, else considered accepted.

6. Termination

Either party may terminate this agreement with 30 days’ written notice or in the event of a breach. All outstanding dues must be settled upon termination.

7. Independent Contractor

The parties act as independent contractors. This agreement does not create employment, partnership, or agency.

8. Indemnity

Each party is responsible for liabilities arising from its own breach, negligence, or misconduct.

9. Intellectual Property

All deliverables shall be owned by the client unless otherwise agreed in writing.

10. Confidentiality

All shared information will remain confidential and used only for project purposes.

11. Time Commitment

Agreed timelines are important and shall be adhered to by both parties.

12. Publicity

We may use client name/logo for portfolio and marketing unless restricted.

13. Force Majeure

Delays due to events beyond reasonable control may occur and will not be considered a breach.

14. Assignment & Subcontracting

Assignment or subcontracting requires prior written consent from the other party.

15. Dispute Resolution

Disputes will first be resolved amicably. If unresolved, they shall be governed by the laws of India, with jurisdiction in Kerala.

16. Severability

If any provision is found to be invalid, the remaining provisions shall continue in full force and effect.

17. Waiver

Failure to enforce any provision shall not constitute a waiver of rights.

18. Non-Compete

Both parties agree not to engage in competing activities during the term and for a reasonable period thereafter.

19. Non-Solicitation

Neither party shall solicit or hire the other party’s employees during the term and for a defined period thereafter.

20. Amendments

Any changes must be made in writing and agreed by both parties.

21. Entire Agreement

This constitutes the entire understanding between the parties.

22. Electronic Signatures

Electronic signatures shall be considered valid and legally binding.

23. Notices

All official communications shall be sent to the designated addresses provided by each party.