I. Lupttha Technologies agrees to carry out the Contract in accordance with the agreed upon terms.
II. The Client agrees to full cooperation with Lupttha Technologies in the performance of the Contract requirements, providing required support and information as may be reasonably required.
III. Charges and Payments
i. Client agrees to pay the charges and expenses in accordance with Contract provisions.
ii. Payments due that are not paid on the due date will incur interest at an annual rate determined by market rates and at a minimum rate of 10% per annum.
iii. Lupttha Technologies may determine that an increase hourly rates is required. The Client has five business days to present written notification of objection; following this period, all services will be provided at the modified rates.
iv. Lupttha Technologies may suspend work if Client payments are overdue.
v. Lupttha Technologies may incur expenses in the process of completing the Contract. These amounts are to be reimbursed by Client in addition to agreed Contract Price.
IV. Lupttha Technologies will abide by agreed to Contract Privacy Policy.
V. Delegation of tasks will be approved by both Lupttha Technologies and Client. Lupttha Technologies maintains final word in assigned staff.
VI. Lupttha Technologies will not cause or permit damage to Client intellectual property.
VII. Lupttha Technologies accepts no Liability for Client property damage unless through negligence or failure to perform per Contract Terms.
VIII. Right to Termination for Breach is accorded to Lupttha Technologies if Client does not meet Contract Terms.
IX. Upon Termination of contract, Client will forward all amounts due, including expense reimbursements and contract fees.
X. Intellectual Property rights including those applying to documents, programming, or information will remain the property of Lupttha Technologies unless otherwise specified in Contract.
XI. Both parties shall strive to keep all intellectual information confidential and not to distribute any product of the services provided to any third party without the prior written consent of Lupttha Technologies.
XII. Each party warrants its capability to enter into Contract.
XIII. Contract is governed by English law in formation, interpretation, and completion.
XIV. Failure by either party to perform per Contract will not waive Terms.
XV. Lupttha Technologies and staff work as independent contractors (not employees) of the Client. Lupttha Technologies bears exclusive responsibility employee responsibilities for assigned staff, including taxes, payment, and work direction.
XVI. Any disputes that may arise between Lupttha Technologies and Client will be resolved through Mediation within five business days of a party requesting solution. Failure of mediation will result in litigation.