1. Introduction
Welcome to G Web3 Networks Inc. (“we”, “us”, “our”). These Terms and Conditions (“Terms”) govern your use of our consultancy services, including but not limited to blockchain technology consulting, software implementation, development, and related services (the “Services”). By engaging with us, you agree to these Terms, which form a binding agreement between you (the “Client”) and us.
2. Scope of Services
2.1 Consulting ServicesWe provide consultancy services related to blockchain technology, including but not limited to strategic guidance, architecture design, business analysis, tokenomics, smart contract development, DApp development, and system integrations.
2.2 Software ImplementationIn addition to consulting, we offer software development and implementation services tailored to blockchain solutions, including custom blockchain platforms, decentralized applications (DApps), smart contracts, and backend infrastructure.
2.3 Additional ServicesAdditional services, such as post-deployment support, training, or advisory, may be agreed upon in writing and subject to additional terms.
3. Client Responsibilities
3.1 Collaboration: You agree to provide necessary access to your systems, data, and personnel to facilitate the successful delivery of our services.
3.2 Compliance: You must ensure that all information, systems, and activities related to the implementation of our services comply with all applicable laws, regulations, and industry standards.
3.3 Licensing & Ownership: You are responsible for ensuring that any third-party software, tools, or materials used in the project are properly licensed. Ownership of the intellectual property produced by [Consultancy Name] as part of the engagement will be defined in a separate agreement unless otherwise specified.
4. Fees and Payment Terms
4.1 Consulting Fees: Fees for consulting services are typically charged on an hourly or project basis as outlined in your individual engagement agreement.
4.2 Software Development Fees: Software development and implementation fees will be outlined in a separate proposal or contract based on project scope and deliverables.
4.3 Payment Terms: Payments are due upon receipt of an invoice unless otherwise agreed. We reserve the right to charge interest on overdue amounts at a rate of 5% per month (with a maximum of 50% of outstanding balance). Invoices will be issued according to the agreed milestones or timelines.
5. Confidentiality
5.1 Confidential Information: Both parties agree to keep all proprietary and confidential information shared during the course of the engagement confidential. This includes, but is not limited to, business strategies, client data, source code, technical architecture, and any other information deemed confidential.
5.2 Exceptions: Confidential information does not include information that is publicly known, disclosed through no fault of the receiving party, or legally required to be disclosed under court order or applicable law.
6. Warranties and Limitations of Liability
6.1 No Warranty for Blockchain Platforms: We do not guarantee the success or profitability of blockchain projects. Blockchain technologies involve inherent risks including, but not limited to, security vulnerabilities, regulatory changes, and market volatility.
6.2 Limitation of Liability: To the maximum extent permitted by law, [Consultancy Name] shall not be liable for any indirect, incidental, special, punitive, or consequential damages arising out of or related to the provision of services, whether or not we were advised of the possibility of such damages. Our total liability for any claim arising from our services will be limited to the amount paid by you for the specific services that gave rise to the claim.
7. Data Privacy and Security
7.1 Data Protection: We will process any personal data you provide to us in compliance with applicable data protection laws. For more information on how we handle your data, please refer to our Privacy Policy.
7.2 Security Measures: While we take appropriate measures to safeguard your data and systems, you acknowledge that no system can be entirely secure, and we cannot guarantee the complete protection of your systems or data.
8. Intellectual Property
8.1 Ownership of Deliverables: Unless otherwise agreed in writing, the intellectual property rights to any custom software, source code, reports, or deliverables developed by G Web3 Networks Inc. during the engagement will be transferred to you upon full payment.
8.2 License to Use Deliverables: We grant you a non-exclusive, non-transferable license to use the deliverables for their intended purpose. This license is contingent on your compliance with the payment and other obligations set forth in this agreement.
9. Termination
9.1 Termination by Either Party: Either party may terminate this agreement by providing [X] days written notice if the other party materially breaches any provision of these Terms and does not remedy the breach within [X] days of receiving written notice.
9.2 Effect of Termination: Upon termination, you will pay any outstanding fees for services rendered up to the date of termination. Any rights and obligations that by their nature should survive termination (e.g., confidentiality, liability) will remain in effect.
10. Dispute Resolution and Arbitration
10.1 Negotiation: In the event of any dispute or claim arising out of or related to this agreement, the parties agree to first attempt to resolve the matter through good faith negotiations.
10.2 Arbitration: If a dispute cannot be resolved through negotiation within 30 days, the parties agree to submit the dispute to binding arbitration under the rules of the American Arbitration Association (AAA) or another recognized arbitration body. The arbitration will take place in Las Vegas, NV, and the arbitrator’s decision shall be final and binding.
10.3 Legal Fees: In the event of arbitration, the prevailing party shall be entitled to recover its reasonable legal fees and costs, in addition to any other relief awarded by the arbitrator.
11. Miscellaneous
11.1 Force Majeure: Neither party will be liable for any delay or failure to perform under this agreement due to causes beyond its reasonable control, including but not limited to acts of God, war, strikes, and regulatory changes.
11.2 Entire Agreement: These Terms, along with any separate agreements, proposals, or contracts made between the parties, constitute the entire understanding between the parties and supersede all prior agreements, oral or written, relating to the subject matter of this agreement.
11.3 Severability: If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions will continue in full force and effect.
11.4 Amendments: We reserve the right to update or modify these Terms at any time. Any such changes will be effective immediately upon posting to our website or upon written notification to you.
12. Governing Law
These Terms will be governed by and construed in accordance with the laws of the State of Nevada, USA, without regard to its conflict of law principles. Any legal action related to these Terms must be brought in the appropriate court located in Las Vegas, NV.
By engaging our services, you acknowledge that you have read, understood, and agreed to these Terms and Conditions.