1. Introduction: The purpose of the terms and conditions are outlining the rights, responsibilities, and obligations of both the company and its clients.
2. Company: The Merilsoft will be in the lead and liable for deliveries to the client on behalf of its business partner or itself.
3. Scope of Work: The services and solutions will be delivered as per the scope of works defined by the client within the company’s committed timeline.
4. Payment Terms: The payment will be made by the client as upon the satisfactory delivery ofr the services and solutions. The payment methods can be in various legal forms.
5. Intellectual Property Rights: The company will deserve the intellectual property right of the developed software in case the idea is generated by the company. Whereas the idea given by client be respected as the client’s intellectual property.
6. Confidentiality: Both the company and the client will maintain the confidentiality of their developed software or solution, and communication.
7. Warranties and Liabilities: Warranty period will be negotiated by both the parties.
8. Termination: The contract or order can be terminated by either party in case of extreme level of situation by at least 30 days prior notice or any suitable duration.
9. Dispute Resolution: In case of arise of any disputes, both the parties will engage the higher management on board to mitigate the issue.
10. Governing Law: This Contract shall be governed by and construed in accordance with the laws of the State of New York, without regard to its conflict of law principles. The parties agree that any disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts located in the State of New York.