These
MSA terms and conditions (“Agreement”) between hiFred
(under incorporation) including any parent, subsidiary or affiliated company (“Company”),
and the customer (“Customer”) who accepts this Agreement, and/or
accesses and/or uses the Services, govern Customer’s subscription to the
Platform and the Additional Services, and constitute a binding agreement
between the parties.
This
is a legal, enforceable Agreement between Customer and Company, and by
executing this Agreement, and where no signature box is available, by clicking
through to access the Platform or otherwise indicating Customer’s acceptance of
this Agreement in an Order Form, or through Customer’s access to or use of the
Services (such time, “Effective Date”), Customer expressly agrees to be bound
by this Agreement. If the person signing or accepting or clicking through to
the Services is entering this Agreement on behalf of another entity or person,
such person hereby represents to Company that they an Authorized User with
authority to bind Customer to this Agreement through such consent or use the
Platform. If such person does not have such authority or if Customer does not
agree to this Agreement, Customer may not subscribe to or use the Services
1.
Subscription.
1.1.
Company
hereby grants Customer during the Term, a limited, revocable, non-exclusive,
non-sublicensable, non-transferable right for Customer and its authorized
employees ("Users") to access and use Company’s proprietary platform (the "Platform"), and
any associated cloud-based and
downloadable software applications, plugins or extensions that are made
available by Company to Customer (collectively, the "Company App(s)"),
in accordance with Company’s instructions and technical documentation ("Documentation"),
solely for Customer’s internal business purposes, and solely under the terms
set forth in one or more mutually executed order forms referencing this
Agreement ("Order Form"). The access and use of the Platform, Company
App(s), Documentation (including APIs), and services provided thereunder to
Customer shall also be referred to as the "Services". Customer acknowledges that the
Services utilize third-party LLM providers and that, unless otherwise agreed in
an Order Form, Customer shall provide its own API key(s) (BYOK model) and bear
all associated costs and risks, including any service interruptions.
1.2.
Company SLA. Company shall use
commercially reasonable efforts to make the Services available in accordance
with the Company SLA as may be updated by Company from time to time.
1.3.
Restrictions on Use. Customer shall not use the
Services in any manner or for any purpose other than as expressly permitted in
this Agreement. Customer may not, directly or indirectly, and may not authorize
any third party to: (i) reproduce, modify, prepare
derivative works, distribute, license, sublicense, lease, sell, resell,
transfer, publicly display, publicly perform, transmit or otherwise exploit the
Services except as expressly permitted; (ii) reverse engineer, disassemble,
decompile, decode, adapt, or otherwise attempt to derive or gain access to the
source code or algorithms of the Services, except as permitted by applicable
law; (iii) remove or alter any proprietary notices; (iv) attempt to gain
unauthorized access to, or impair, any aspect of the Services; (v) disturb or
disrupt the Services, directly or indirectly, or transmit or activate viruses
or any other unlawful material in connection with the Services; (vi) use the
Services in a manner that would violate applicable laws, or is outside the
scope of the rights granted in this Agreement; or (vii) conduct security
testing or benchmarking of the Services unless received Company’s prior written
consent. Customer must promptly notify Company in writing if it becomes aware
of, or has reason to believe, that any of the prohibitions listed in this
Section have been breached by Customer or any User. Customer is responsible for
the acts and omissions of its Users, for ensuring their compliance with this
Agreement, and for maintaining the security and confidentiality of its access
credentials.
2.
Rights and Title.
2.1.
All title, ownership rights, and
intellectual property rights (including all copyrights, patents, trade secret
rights and trademarks) evidenced by or embodied in, attached, extracted from,
connected, and/or related to the Services and the various practices, materials,
methodologies, tools, and templates used with respect thereto (and all
improvements, enhancements, corrections, modifications, alterations, revisions,
extensions and updates and derivative works thereof) are and shall remain
solely in Company, and/or its licensors, if any. Company expressly reserves all
rights to the foregoing, and except for the limited grant of rights expressly
set forth herein, Company does not grant the Customer any right, title, or
interest in any intellectual property owned or licensed by Company. If Customer
provides any feedback (such as suggested improvements or a like regarding the
Services) (collectively, “Feedback”) Customer hereby grants to Company a
non-exclusive, perpetual, irrevocable, transferable, royalty-free and worldwide
right, with the right to grant and authorize sublicenses, to use and benefit
from such Feedback to provide and improve the Services and Company’s business
without any compensation or credit due to Customer.
3.
Customer Data, Privacy and Security
3.1.
Customer warrants that as between the
Parties, Customer solely owns and retains all rights, title and interest in and
to Customer Data including all Intellectual Property Rights embodied in
Customer Data. "Customer Data" means any data or information
associated with the Customer that the Services automatically accesses,
collects, processes and/or interacts with, when monitoring, and communicating
with Customer Systems (as defined below), or that is otherwise created or made
available by the Customer or its Users on or through the Services. Customer
hereby grants Company, during the Term, a non-exclusive, worldwide royalty-free
right to use and otherwise process the Customer Data solely to the extent
necessary to perform its obligations under this Agreement.
3.2.
To the extent the Customer chooses to
publicly make available certain Customer Data through the Services, Customer
acknowledges that such data shall be deemed non-confidential.
3.3.
In providing the Services, Company
will (i) process and access Customer Data only to the
extent reasonably necessary to provide Customer the Services; and (ii)
implement and maintain commercially reasonable technical, physical and
organizational measures to protect the security, confidentiality and integrity
of Customer Data hosted by Company or Company’s authorized third party service
providers, from unauthorized access, use, alteration or disclosure.
3.4.
To the extent Customer Data contains
any personal data as defined under the applicable data protection law ("Personal
Data"), Company will process such Personal Data in accordance with its
data processing addendum (“DPA”)and in
compliance with applicable data protection law. Customer acknowledges and
agrees that Company may use aggregated and/or anonymized Customer Data to
improve the Services.
4.
Confidential Information.
4.1.
Each party (the “Receiving Party”)
may have access to certain non-public and/or proprietary information of the
other party (the “Disclosing Party”), in any form or media,
including confidential trade secrets and
other information related to the products, software, technology, data,
know-how, or business of the Disclosing Party, whether written or oral, and any
such other information that, regardless of the manner in which it is furnished
and given the totality of the circumstances, a reasonable person or entity
should have reason to believe is proprietary, confidential, or competitively
sensitive (the “Confidential Information”). The Receiving Party shall
take reasonable measures, at least as protective as those taken to protect its
own confidential information, but in no event less than reasonable care, to
protect the Disclosing Party's Confidential Information from disclosure to a
third party. The Receiving Party shall not use or disclose the Confidential
Information of the Disclosing Party except as expressly permitted under this
Agreement. All right, title and interest in and to Confidential Information are
and shall remain the sole and exclusive property of the Disclosing Party.
4.2.
Notwithstanding the foregoing,
the Parties agree that Confidential Information will not include any
information that the Receiving Party has documentation to demonstrate such
information: (i) is or becomes publicly known or is
or becomes part of the public domain through no fault of the Receiving Party;
(ii) the Disclosing Party authorizes in writing to be disclosed; (iii) is
rightfully received by the Receiving Party from a third party without
restriction on disclosure and without breach of this Agreement; (iv) is known
to the Receiving Party on the Effective Date from a source other than the
Disclosing Party, and not subject to a confidentiality obligation.
5.
Consideration.
5.1.
Fees. The Services are
conditioned on Customer's payment in full of the applicable fees set forth in
each Order Form.
5.2.
All fees are non-refundable and
exclusive of tax. Fees shall be payable within thirty (30) days of the date of
the invoice issued by Company, unless the Order Form states otherwise. Payment
of fees shall be made by wire transfer or ACH to the account designated by Company
from time to time, or such other payment method as may be agreed in the
applicable Order Form. All amounts payable under each Order Form are exclusive
of all sales, use, value-added, withholding, and other direct or indirect
taxes, charges, levies and duties. Customer shall bear all value added, state,
local, withholding, and other taxes or other charges applicable to the
Services. In the event that Customer is required by law to deduct and/or
withhold any amounts from any payments due hereunder, it shall gross-up and
increase the amounts to be paid to Company so that the actual net amount to be
paid to Company shall equal the fees that would have been due to Company
without such deduction or withholding.
6.
Term and Termination.
6.1.
Term. This Agreement shall be in effect as
of the Effective Date and shall remain in effect as long as there is an Order
Form which is in effect, unless terminated earlier in accordance with the terms
hereof (the "Term"). Subject to the provisions of the
applicable Order Form, upon termination of the Term, it shall be automatically
extended for an additional one-year term, unless either party provided the
other party with a 90 days’ prior written notice of termination.
6.2.
Termination
6.2.1.
Material Breach. Either party may terminate
this Agreement with immediate effect upon written notice to the other party if
the other party materially breaches this Agreement and such breach remains
uncured (to the extent that the breach can be cured) thirty (30) days after
having received written notice thereof. In the event Customer terminates this
Agreement due to Company’s uncured material breach, Company will promptly
refund the pro-rata portion of any fees paid by Customer attributable to the
date of the breach through the end of the Term.
6.2.2.
Distress Event. In the event that either
party becomes liquidated, dissolved, bankrupt or insolvent, whether voluntarily
or involuntarily, or shall take any action to be so declared, the other party
shall have the right to immediately terminate this Agreement.
7.
Effect of Termination.
7.1.
General. Upon termination of this Agreement, (1) Customer shall immediately
discontinue all access and use of the Services and shall promptly delete all
copies of the Documentation in Customer’s or any of its representatives’
possession or control; (2) Company will delete Customer Data and disable
Platform account access.
7.2.
Survival. This Section ý7 and Sections ý1.3 (Restrictions on Use), ýý2 (Rights
and Title),ý4 (Confidential Information) ýý5 (Consideration), 9 (Warranty
Disclaimer), 10 (Limitation of Liability), 11 (Indemnification), and ý13
(Miscellaneous) shall survive termination of this Agreement.
8.
Representations of the
Parties.
8.1.
Each Party represents and warrants
that it is duly organized, validly existing and in good standing under the laws
of its jurisdiction of incorporation or organization; and that the execution
and performance of this Agreement will not conflict with other agreements to
which it is bound or violate applicable law.
8.2.
Company represents and warrants that
(1) it and its personnel shall have, and shall maintain throughout the Term,
the capability, skills, experience, licenses, and means required (in accordance
with applicable law) to perform the Services; (2) Company will perform the
Services in accordance with the industry professional standards, know-how,
processes, procedures and work methods of Company, as may be updated by Company
from time to time.
8.3.
Customer shall grant Company access to
certain Customer's computer systems, cloud resources and other web related
assets, including but not limited to Customer's digital assets whether on
premises, or as part of any cloud environment (collectively, "Customer
Systems"), for the sole purpose of the performance of the Services. The
Customer shall have control over the scope and type of access with respect to
each such Customer Systems and applicable data source, provided that Customer acknowledges
that any restriction on such access and permissions may result in limitation of
the Services. Customer further confirms that it has the right to grant such
access to Company and that the provision of the Services is not in violation of
any agreement to which the Customer is a party, with any third party, or any
regulation or law applicable to the Customer.
9.
Warranty Disclaimer. TO THE FULLEST EXTENT
PERMITTED BY APPLICABLE LAW, EXCEPT FOR THE EXPRESS WARRANTIES SET FORTH ABOVE
IN THIS SECTION, EACH PARTY HEREBY EXPRESSLY DISCLAIMS ALL WARRANTIES, WHETHER
EXPRESS OR IMPLIED, INCLUDING THE WARRANTIES OF MERCHANTABILITY, TITLE, NON-INFRINGEMENT,
NON-INTERFERENCE, ACCURACY, CONDITION, AND FITNESS FOR A PARTICULAR PURPOSE
(WHETHER OR NOT SUCH PARTY KNOWS, HAS REASON TO KNOW, HAS BEEN ADVISED, OR IS
OTHERWISE AWARE OF ANY SUCH PURPOSE). WITHOUT LIMITING THE FOREGOING, COMPANY
DOES NOT WARRANT THAT THE USE OF THE SERVICES WILL BE UNINTERRUPTED OR
ERROR-FREE.
CUSTOMER
ACKNOWLEDGES AND AGREES THAT THE SERVICES MAY INCORPORATE AND UTILIZE
ARTIFICIAL INTELLIGENCE AND MACHINE-LEARNING TECHNOLOGIES (“AI”) TO PRODUCT
REQUIREMENTS, FEATURE SPECIFICATIONS, DOCUMENTATION, WORKFLOWS,
RECOMMENDATION, OR OTHER OUTPUTS (“AI OUTPUT”) AND TO ENHANCE
FUNCTIONALITY, EFFICIENCY, AND USER EXPERIENCE. CUSTOMER UNDERSTANDS THAT AI
OUTPUT MAY BE INACCURATE, INCOMPLETE, OR CONTEXT-DEPENDENT, AND IS SUBJECT TO
CUSTOMER’S INDEPENDENT REVIEW AND JUDGMENT PRIOR TO IMPLEMENTATION OR RELIANCE.
CUSTOMER REMAINS SOLELY RESPONSIBLE FOR ITS PRODUCT DECISIONS, SPECIFICATIONS, AND
ACTIONS TAKEN BASED ON THE SERVICES OR ANY AI OUTPUT. CUSTOMER FURTHER
ACKNOWLEDGES THAT AI TECHNOLOGIES ARE EVOLVING, AND COMPANY DOES NOT GUARANTEE
ANY SPECIFIC OUTCOMES, RESULTS, OR LEVEL OF PERFORMANCE ARISING FROM THE
SERVICES OR ANY AI OUTPUT. DUE TO THE NATURE OF ARTIFICIAL INTELLIGENCE, AI
OUTPUT MAY NOT BE UNIQUE, AND SIMILAR OR IDENTICAL OUTPUTS REQUIREMENTS,
SPECIFICATIONS, OR RECOMMENDATIONS MAY BE GENERATED FOR OTHER CUSTOMERS. SUCH
SIMILARITY DOES NOT IMPLY ANY USE OR DISCLOSURE OF CUSTOMER CONFIDENTIAL
INFORMATION, AND CUSTOMER ACQUIRES NO RIGHTS IN OUTPUTS GENERATED FOR OTHERS.
10.
Limitation of Liability.
10.1.
NEITHER PARTY SHALL BE LIABLE, IN
CONTRACT OR TORT, UNDER STATUTE OR OTHERWISE, ANY CONSEQUENTIAL, INCIDENTAL,
INDIRECT, PUNITIVE OR SPECIAL DAMAGES IN CONNECTION WITH CLAIMS ARISING OUT OF
THIS AGREEMENT OR ANY ORDER FORM, OR OTHERWISE RELATING TO THE SERVICES,
INCLUDING ANY AMOUNT FOR LOSS OF PROFIT, DATA OR GOODWILL, WHETHER OR NOT THE
LIKELIHOOD OF SUCH LOSS OR DAMAGE WAS CONTEMPLATED. IN NO EVENT SHALL EITHER
PARTY BE LIABLE TO THE OTHER PARTY OR TO ANY THIRD PARTY FOR AGGREGATED DAMAGES
IN EXCESS OF THE FEES ACTUALLY PAID OR PAYABLE TO COMPANY BY CUSTOMER (DIRECTLY
OR THROUGH A PARTNER) IN THE TWELVE (12) MONTHS IMMEDIATELY PRECEDING THE EVENT
GIVING RISE TO LIABILITY.
10.2.
NOTWITHSTANDING THE FOREGOING, NOTHING
HEREIN SHALL LIMIT THE LIABILITY OF EITHER PARTY IN ANY WAY FOR LIABILITY OR
DAMAGES ARISING FROM (A) INTENTIONAL MISCONDUCT, (B) FRAUD OR FRAUDULENT
MISREPRESENTATION. NO CLAIM RELATING TO THE SERVICES OR OTHERWISE UNDER
THIS AGREEMENT SHALL BE MADE AFTER THE LAPSE OF 12 MONTHS FOLLOWING THE
COMPLETION OF A PARTICULAR SERVICE.
11.
Indemnification.
Subject to Section ý10 above, Company
shall defend, indemnify and hold harmless Customer, from and against any
claims, damages, costs, liabilities and expenses (including reasonable
attorneys’ fees) arising out of or related to any claim that the Services
and/or Documentation infringes any third-party intellectual property right.
Indemnification hereunder shall be conditioned upon: (a) Customer notifying Company
of the claim immediately upon becoming aware thereof, (b) Customer allowing Company
to assume full control of the defense and settlement of such claim, and (c)
Customer reasonably cooperating with Company in the defense and settlement of
the claim. If a claim is likely, Company
may procure the right to continue, modify the Services to be non-infringing
without material reduction in functionality, or terminate the affected Services
and refund prepaid, unused fees on a pro-rata basis.
Notwithstanding the foregoing, Company
shall have no responsibility for claims resulting from or based on:
combinations not provided by Company; use outside scope or not in accordance
with the Documentation; or continued use after Company notified Customer of the
claim and made available a commercially reasonable remedy to avoid the alleged
infringement.
12.
Partner. If Customer has purchased the Services
granted hereunder from a partner, reseller or distributor authorized by Company
(“Partner”), the terms of Section ý5 (Consideration) shall not apply. To
the extent there is any conflict between this Agreement and the agreement
entered between Customer and the respective Partner, including any purchase
order (“Partner Order Form”), then, as between Customer and Company,
this Agreement shall prevail. Any rights granted to Customer in such Partner
Order Form which are not contained in this Agreement, apply only in connection
with such Partner. In that case, Customer must seek redress or realization or
enforcement of such rights solely with such Partner and not Company.
13.
Miscellaneous.
13.1.
Entire Agreement; Amendments. This
Agreement constitutes the entire agreement between the Parties and supersedes
all prior agreements relating to its subject matter. Amendments must be in
writing and signed by both Parties.
13.2.
Assignment. Neither party may assign
this Agreement without the other party's prior written consent, except either
party may assign to a successor to substantially all of its assets or business
without consent. This Agreement binds and benefits the parties' successors and
assigns.
13.3.
Severability. If any provision is held
unenforceable, it shall not affect the validity of any other provision.
13.4.
Relationship. This Agreement does not
create any partnership, joint venture, employment, or agency relationship
between the Parties.
13.5.
Force Majeure. Company shall not be
liable for delays or failures caused by circumstances beyond its reasonable
control, including strikes, natural disasters, acts of God, war, government
actions, terrorism, pandemics, or power outages.
13.6.
Publicity; Export. Company may use
Customer's name and logo in customer lists. Each party represents compliance
with applicable export control and sanctions laws.
13.7.
Governing Law and Jurisdiction. This
Agreement shall be governed by the laws of Delaware, without regard to conflict
of laws principles. The courts of Delaware shall have exclusive jurisdiction
over any disputes.
13.8.
Counterparts and Notices. This
Agreement may be executed electronically in counterparts. All notices shall be
in writing and delivered via email, courier, or mail to the addresses in the
Order Form, and deemed given upon receipt or acknowledgment.