Terms of Service

Legal Terms Governing Your Use of NetJet Labs' Website and Services

Last Updated: July 17, 2024
Effective Date: July 17, 2024
Version: 1.0

Table of Contents

  1. 1. Agreement to Terms
  2. 2. Definitions
  3. 3. Our Services
  4. 4. Eligibility
  5. 5. Acceptable Use
  6. 6. Intellectual Property
  7. 7. Your Content
  8. 8. Project Engagement Terms
  9. 9. Fees and Payment
  10. 10. Confidentiality
  11. 11. Warranties and Disclaimers
  12. 12. Limitation of Liability
  13. 13. Indemnification
  14. 14. Termination
  15. 15. Dispute Resolution
  16. 16. Governing Law
  17. 17. General Provisions

1. Agreement to Terms

By accessing and using this website and our services, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service ("Terms"). If you do not agree with any part of these Terms, you should not use our website or services.

These Terms are binding and enforceable. By using our services, you are entering into a legally binding contract with NetJet Labs.

Important: These Terms apply to all visitors, users, and anyone accessing or using our website and services. If you're using our services on behalf of a company or organization, you represent and warrant that you have authority to bind that entity to these Terms.

2. Definitions

For the purpose of these Terms:

3. Our Services

A. What We Provide

NetJet Labs offers the following services:

B. Service Delivery

Our services are typically delivered through:

C. Specific Project Terms

Each Project is governed by a Statement of Work (SOW) or Project Agreement that specifies:

In case of conflict between these Terms and a specific Project Agreement, the Project Agreement takes precedence.

4. Eligibility and Access

A. Who Can Use Our Services

You represent and warrant that:

B. Geographic Restrictions

Our services are generally available worldwide, subject to applicable laws. We may restrict access to certain services in certain jurisdictions based on legal requirements.

C. Account Access

If you create an account or access system credentials:

5. Acceptable Use Policy

A. Prohibited Conduct

You agree NOT to:

Illegal Activities

Harmful Conduct

System Abuse

Intellectual Property Violations

B. Consequences of Violation

If you violate this Acceptable Use Policy, we may:

6. Intellectual Property Rights

A. Our Intellectual Property

NetJet Labs retains all rights to:

You may not use our intellectual property without express written permission.

B. Your Intellectual Property

You retain ownership of:

You grant us a limited license to use your information solely for providing the Services.

C. Project Deliverables

Ownership

Upon full payment and project completion, you will own the custom Deliverables created for your Project, including:

Third-Party Components

Deliverables may include open-source or third-party components. Ownership and licensing of those components are governed by their respective licenses (GPL, MIT, Apache, etc.). You agree to comply with those licenses.

Pre-Existing Intellectual Property

If the Deliverables incorporate NetJet Labs' pre-existing IP (frameworks, methodologies, tools), you receive a perpetual, non-exclusive, royalty-free license to use those components solely as part of the Deliverables.

D. License Grant to You

Subject to these Terms, we grant you:

E. Restrictions on Your Use

You may NOT:

7. Your Content

A. Responsibility for Your Content

You are solely responsible for any content, data, or information you provide to us. You warrant that:

B. License to NetJet Labs

By providing content to us, you grant NetJet Labs:

C. Your Data and Confidentiality

We protect your data according to our Privacy Policy and any NDA. However, we are not liable for:

D. Removal of Content

We may remove content if:

8. Project Engagement Terms

A. Scope and Changes

Initial Scope

Each Project starts with a clearly defined scope documented in a Statement of Work (SOW) or Project Agreement. Scope includes specific deliverables, requirements, and exclusions.

Scope Changes

If you request changes to scope:

Scope Creep Protection

We track all changes to maintain project integrity and timeline. Requests that exceed agreed scope will be documented separately and billed accordingly.

B. Timelines and Deadlines

Timeline estimates are good-faith projections, not guarantees. Actual timelines may vary based on:

We communicate timeline impacts as soon as they're identified. Major delays (15%+ of original estimate) require written notice and discussion of mitigation options.

C. Client Responsibilities

Project success depends on your participation:

Delays caused by client inaction may result in timeline extensions and additional costs.

D. Communication and Status

E. Quality Standards

Deliverables will meet the quality standards defined in your Project Agreement:

F. Warranties on Deliverables

We warrant that Deliverables will:

We provide a 30-day warranty period for critical defects. After that, support is provided under maintenance terms.

9. Fees and Payment Terms

A. Fee Structure

NetJet Labs' fees are structured as follows:

Project-Based (Fixed Price)

Time & Materials (Hourly)

Retainer / Support Services

B. Invoicing and Payment

Invoice Schedule

Payment Terms

Expenses

C. Price Changes

For ongoing engagements (retainers, T&M):

D. Taxes

E. Refunds and Cancellation

Upfront Payments

Monthly Invoices

10. Confidentiality and Non-Disclosure

A. Confidential Information

Both parties agree to protect confidential information:

What's Confidential

What's NOT Confidential

B. Obligations

Each party agrees to:

C. Exceptions

We may disclose information if:

D. Duration

Confidentiality obligations continue for 3 years after project completion or 5 years after information disclosure, whichever is longer.

E. Use of Client References

With your permission, we may:

We will not disclose specific details or metrics without your written consent.

11. Warranties and Disclaimers

A. Warranties We Provide

Authority

We warrant that we have the authority to enter into this Agreement and perform our obligations.

Work Quality

We warrant that Deliverables will be created in a professional manner consistent with industry standards.

Non-Infringement

We warrant that Deliverables will not knowingly infringe third-party intellectual property rights.

Warranty Period

Critical defects in Deliverables are warranted for 30 days after delivery. After that period, defects are addressed under support/maintenance terms.

B. Disclaimers

IMPORTANT DISCLAIMERS:

EXCEPT AS EXPRESSLY STATED ABOVE, WE MAKE NO OTHER WARRANTIES, EXPRESS OR IMPLIED, INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT.

Website and Services

Third-Party Content

User Content

C. Open Source Software

Deliverables may include open-source software governed by licenses (GPL, MIT, Apache, BSD, etc.). Those licenses apply regardless of these Terms. You agree to comply with all applicable open-source licenses.

12. Limitation of Liability

A. Liability Cap

LIMITATION OF LIABILITY:

OUR TOTAL LIABILITY FOR ANY CLAIM ARISING FROM OR RELATED TO THIS AGREEMENT SHALL NOT EXCEED THE TOTAL AMOUNT YOU PAID TO US IN THE 12 MONTHS PRECEDING THE CLAIM, OR $10,000, WHICHEVER IS GREATER.

B. Exclusion of Consequential Damages

IN NO EVENT SHALL EITHER PARTY BE LIABLE FOR:

This applies even if a party was advised of the possibility of such damages.

C. Exceptions

These limitations do not apply to:

D. Allocation of Risk

These limitations represent a fair allocation of risk between the parties:

13. Indemnification

A. You Indemnify Us

You agree to defend, indemnify, and hold harmless NetJet Labs from any claims, damages, or losses arising from:

B. We Indemnify You

NetJet Labs agrees to defend, indemnify, and hold harmless you from any claims that:

Exception: We have no obligation to indemnify if the claim arises from:

C. Indemnification Procedures

To claim indemnification:

  1. Promptly notify the indemnifying party in writing
  2. Provide details of the claim
  3. Grant indemnifying party control of defense
  4. Cooperate in defense efforts
  5. Do not settle without consent

14. Termination and Consequences

A. Termination for Cause

By Us

NetJet Labs may terminate immediately if you:

By You

You may terminate if NetJet Labs materially breaches these Terms and doesn't cure within 30 days of written notice.

B. Termination for Convenience

Either party may terminate ongoing engagements (retainers, support contracts) with:

Project-based engagements cannot be terminated for convenience; only for material breach.

C. Effects of Termination

Deliverables

Data and Access

Final Invoice

Confidentiality and IP

D. Survival

The following sections survive termination indefinitely:

15. Dispute Resolution

A. Negotiation

If a dispute arises:

  1. Written notice of dispute to the other party
  2. Specified time period (typically 15 days) to resolve informally
  3. Good-faith negotiation between parties
  4. Escalation to executive level if needed

B. Mediation

If negotiation fails, the parties agree to mediate:

C. Arbitration

If mediation fails, disputes will be resolved through binding arbitration:

D. Exceptions to Arbitration

Either party may pursue court action for:

E. Class Action Waiver

Both parties waive the right to bring or participate in class actions or collective litigation. All disputes must be brought in an individual capacity.

16. Governing Law and Jurisdiction

A. Governing Law

These Terms are governed by and construed in accordance with the laws of Bangladesh, without regard to its conflict of law principles.

B. Jurisdiction

Disputes not resolved through arbitration will be brought in the courts of Bangladesh, and both parties consent to personal jurisdiction there.

C. Legal Venue

If litigation occurs (including injunctive relief), it will take place in Dhaka, Bangladesh, subject to arbitration clause above.

D. International Enforcement

Arbitration awards can be enforced under international treaties:

17. General Provisions

A. Entire Agreement

These Terms, together with any Project Agreement or Statement of Work, constitute the entire agreement between the parties regarding the subject matter. They supersede all prior agreements, understandings, and negotiations.

B. Amendments

We may update these Terms at any time. Material changes will be notified via email. Continued use of our services constitutes acceptance of updated Terms. You should review these Terms periodically.

C. Severability

If any provision of these Terms is found to be unenforceable, that provision will be removed or modified to the minimum extent necessary to make it enforceable, and the remaining Terms will remain in full force and effect.

D. Waiver

Failure to enforce any right or provision doesn't constitute a waiver of that right. Any waiver must be in writing and signed by the waiving party.

E. Relationship

Nothing in these Terms creates a partnership, joint venture, or employment relationship. NetJet Labs is an independent contractor, and employees are not agents of the Client except as expressly authorized in writing.

F. Assignment

You may not assign these Terms or any rights/obligations without our written consent. We may assign these Terms to affiliates or successors. Any unauthorized assignment is void.

G. Notices

Notices must be in writing and sent to:

NetJet Labs
Email: legal@netjetlabs.com
Address: [PLACEHOLDER – Company Address], Dhaka, Bangladesh

Notices are effective when received or 5 days after sending (whichever is first).

H. Counterparts

These Terms may be executed in multiple counterparts, each of which is considered an original and all of which together constitute one instrument.

I. Section Headings

Section headings are for convenience only and do not affect the interpretation of these Terms.

J. Force Majeure

Neither party is liable for delays caused by events beyond reasonable control:

The affected party must notify the other promptly and use reasonable efforts to resume performance.

K. Third-Party Beneficiaries

These Terms do not create any rights for third parties. Only the parties to this Agreement have rights and obligations hereunder.

L. Currency

Unless otherwise specified, all fees and amounts are in US Dollars (USD) or Bangladeshi Taka (BDT). Exchange rate conversions use the mid-market rate on invoice date.

Questions About These Terms?

Legal Inquiries

Email: legal@netjetlabs.com

Address: [PLACEHOLDER – Company Address], Dhaka, Bangladesh

Phone: +880 181741-4687

Last Updated: July 17, 2024
Effective Date: July 17, 2024
Version: 1.0
Terms ID: NETJET-LABS-TOS-v1.0-2024
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