Virtual Wisdom Technologies

Terms Of Service

By using our services, you agree to them

Services

We will provide digital and IT services to you as per the scope of work and deliverables agreed upon between us. The scope of work and deliverables will be agreed upon in writing between the parties.

Fees And Payment

Our fees for the services will be communicated to you in writing and are due upon receipt of an invoice. We will accept payment via Bank transfers. Atleast 30% of the project payment must be transferred in advance in order to start work on it.

Term And Termination

The term of this agreement will be as specified in the agreement or statement of work. Either party may terminate this agreement with 30 days’ written notice, unless specified otherwise in the agreement or statement of work. Upon termination, all work completed up to that point will be delivered to you in a mutually agreed upon format, and all fees will be due and payable.

Intellectual Property

All intellectual property developed in connection with the services provided to you under this agreement will be owned by you, except for any pre-existing intellectual property owned by us. We will grant you a license to use any pre-existing intellectual property owned by us necessary to use the services provided.

Confidentiality

We will keep all information related to your business and the services provided to you confidential, except as required by law. We will take reasonable measures to ensure the confidentiality and security of your information.

Liability And Indemnification

Our liability to you for any damages arising out of or in connection with this agreement will be limited to the total amount of fees paid to us under this agreement. We will indemnify and hold you harmless from any third-party claims arising out of or in connection with the services provided under this agreement, except to the extent such claims arise from your negligence or willful misconduct.

Dispute Resolution

Any dispute arising out of or in connection with this agreement will be resolved through arbitration in accordance with the rules of the American Arbitration Association. Each party will bear its own costs and attorneys’ fees.

We may update Terms of Service from time to time. This term was updated by Virtual Wisdom Technologies on January 01, 2024.