What Is a Subscription Service Agreement

This Agreement is effective on the date on which the authorized representatives of both parties issue a purchase order with respect to this Agreement (the “Effective Date”). If such authorized representatives execute such purchase order on different dates, the effective date will be the last date or date from which Clarabridge first provides services under this Agreement, whichever comes first. This Agreement shall be construed solely in connection with this Purchase Order and is not binding on any party unless the Parties execute a Purchase Order to which the terms of this Agreement are automatically incorporated by reference into and form part of this Purchase Order. However, this Agreement shall in no way be construed as obliging the Company or the Customer to enter into a particular purchase order with the other. Customer acknowledges and agrees that the Service will be billed through a selected subscription plan that allows a limited number of registered users to access and use the VIDIZMO Service. If the number of User Accounts created by Customer exceeds the limits for registered users or if the number of Users accessing the Service in a calendar month exceeds the registered user limit set in the subscription purchased by Customer, an excess User Subscription Fee will be charged to customer based on the terms of the subscription plan. VIDIZMO offers user account management to help the customer add, modify and delete his user accounts, thus keeping them under control and within the authorized limits. In many cases, the memorandum is accompanied by a subscription contract. Some agreements set a specific rate of return that is paid to the investor, such. B as a certain percentage of the company`s net profit or lump sums.

In addition, the agreement sets out the payment details for these returns. This structure gives priority to the investor because he gets a return on investment before the founders of the company or other minority owners. 12.6 Entire Agreement. The parties agree that the provisions of this Agreement constitute the entire agreement between them with respect to the matters covered by this Agreement, including the parties` respective confidentiality obligations. The Parties also agree that all prior agreements on the same matters, whether written or oral, shall be superseded by this Agreement and that any prior oral agreement on such matters shall have no legally binding effect. 12.4 No Third Party Beneficiaries. The parties acknowledge that the agreements set forth in this Agreement are intended solely for the benefit of the parties, their successors and authorized assigns. Nothing herein, expressly or implicitly, confers on any person or entity other than the parties, their successors and authorized assigns to enforce any provision of this Agreement. Being called to the bar means that he or she is responsible for the legal details of your contract, not you. Unfortunately, some startups don`t realize that deals work this way until it`s too late. Instead of exposing your business to liability, secure it with legal representation.

Subscription contracts offer valuable opportunities for investors in special situations looking for short-term trading and leverage. From a legal point of view, they also save both parties time and trouble by clearly setting the conditions in advance. Clear and concise agreements are essential when it comes to fostering lucrative professional relationships. 3.3 Transfer of Customer Data. Customer acknowledges and agrees that (a) it is Customer`s sole responsibility to monitor Customer Data to ensure that Customer Data is properly transmitted to Smarsh; (b) Despite the monitoring services provided by Smarsh, Customer shall notify Smarsh of delivery failures or system failures of Customer (or its service providers) that may interfere with the transmission of Customer Data; and (c) it is the customer`s responsibility to encrypt the data sent to Smarsh. Smarsh is not responsible for any updates, upgrades, patches, maintenance or other changes that affect the transmission of Customer Data to Smarsh. It is the customer`s responsibility to (i) ensure that Smarsh is informed of any email domain or other electronic message to be archived; and (ii) obtain all necessary consents with respect to the transfer, collection and storage of Customer Data. 10.2 Essential basis of the Agreement. Customer acknowledges and understands that the exclusions, exclusions and limitations of liability set forth in this Section 10 constitute an essential basis for the agreement between the parties that the parties have relied on such exclusions, exclusions and limitations of liability to negotiate the terms of this Agreement, and that without such exclusions and limitations of liability, the terms of this Agreement shall apply. ==References==2.

Assistance provided by designated parties. Clarabridge may engage third parties, including distributors, OEMs or VARs, to provide the maintenance services referred to in this Agreement, although Clarabridge remains liable to Customer for the provision of all maintenance services. Subscription contracts with private placements ensure that your company will proceed with the sale of shares for a certain number of shares at an agreed price. You will include these details in the private placement note, unless exceptions to prospectuses apply. 1.6 Licenses to Use. A “Headquarters” means any user, device, email address, domain or other usage measure specified on the Purchase Order for which Smarsh archives digital messaging data, hosts emails, or encrypts messages through the Services. If these services are ordered by the Customer, Smarsh grants the Customer the right to use the Services for the number of seats specified in the Order Form. The number of seats indicated in the original order form is the customer`s minimum seating requirement. Usage of certain Services is measured by the number of web pages linked to the URL or other site-based content that Customer archives through the Services. If such Services are ordered by Customer, Smarsh grants Customer the right to use the Services up to the number of websites, URLs, or other measures specified in the Order Form (“Content License”). .