TERMS OF SERVICE

1. GENERAL

These terms of service (the ‘Terms’) govern your company’s (hereinafter the ‘Company’ or ‘You’) use of Taimer CRM and business management services provided on a software as a service basis (the ‘Service’),and licensed by Taimer Ltd (hereinafter ‘Taimer’). You and Taimer together the ‘Parties’ and separately a ‘Party’).

PLEASE READ THESE TERMS AS THEY ARE PART OF A LEGALLY BINDING SERVICE AGREEMENT BETWEEN YOU AND TAIMER. BY CLICKING THE ‘ACCEPT’ BUTTON OR OTHERWISE ACCEPTING THESE TERMS THROUGH AN ORDER DOCUMENT THAT INCORPORATES THESE TERMS, EITHER DIRECTLY OR BY REFERENCE (SUCH ORDER DOCUMENT, TAIMER’S GENERAL FEE SCHEDULE AND THESE TERMS JOINTLY THE ‘AGREEMENT’), YOU ACCEPT THESE TERMS AS A BINDING CONTRACT BETWEEN TAIMER AND THE COMPANY.

Taimer reserves the right to modify these Terms, at any time, by issuing a public notification in the Service at least thirty (30) calendar days prior to the effective date of such change. Your continued access or use of the Service shall be deemed as your acceptance of these changes and the reasonableness of these standards for notice of changes. If you disagree with changes to these Terms, your sole and exclusive remedy is to terminate the Agreement by a written notice given at least fourteen (14) calendar days before the change in the Terms takes effect. Your continued use of the Service after the effective date of any change to the Terms will be deemed to be Your agreement to the modified Terms.

2. GRANT OF LICENSE

Taimer grants to the Company a personal, limited, revocable, non-exclusive, non-transferable, non-sublicensable, non-assignable, worldwide right and license to access and use the Service solely for Your internal business operations, subject to the provisions of these Terms. The Service is licensed, not sold.

The Company acknowledges that Taimer owns all right, title and interest to the Service that is protected by intellectual property rights. Other than the express rights granted in this agreement, the Company shall not obtain or claim any intellectual property right in the Service.

You may allow your Users to use the Service for this purpose and You are responsible for Your Users’ compliance with these Terms. In these terms, ‘Users’ means the permitted end users of the Company for whom a personal user account has been created for the use of the Service subject to these Terms.

3. THIRD PARTY COMPONENTS AND SITES

The Company may purchase third-party components to be bundled with the Service provided to the Company. These additional components are licensed by third parties under their respective license terms or via the components in question (‘Third-Party Components’). Available Third-Party Components, listed at "Third-Party Services" and other links to third-party websites or services are provided only as a convenience to the Company and are not endorsed by, or the responsibility of, Taimer. The Company bears all risk in connection with access and use of linked sites and the purchase of the Third-Party Components. The Company acknowledges that the Third-Party Components offered may change during the term of the Agreement and that Taimer shall have no liability with regard to the Company’s selection, purchase or use of the Third-Party Components. Taimer also has no responsibility or liability to provide a specific Third-Party Component for the full duration of the overall Agreement. Your use of the Third-Party Components is subject to each component’s own license terms and Taimer accepts no liability whatsoever for any Third-Party Components used in connection with the Service. Taimer’s sole responsibility with respect to the Company’s claims regarding defects and disruptions in the Third-Party Components shall be limited to passing on the Company’s claim to the third party having licensed the said Third Party Component.

4. USE OF SERVICE

The Company shall ensure that the Company and Users use the Service in accordance with these Terms. The Company accepts responsibility for each of its Users and shall be liable for each of its User’s conduct as its own. The Company and Users will not, except as may be allowed by applicable mandatory law:

(a) attempt to copy, modify, duplicate, create derivative works from, frame, mirror, re-publish, download, display, transmit, or distribute all or any portion of the Service in any form or media or by any means (save that the Company shall be entitled to download or display parts of the Service to the extent this is necessary for the Service’s normal operation); or

(b) attempt to reverse compile, disassemble, reverse engineer or otherwise reduce to human-perceivable form the Service’s source code or other source materials or any part thereof; or

(c) access all or any part of the Service in order to build a product or service which competes with the Service.

With respect to Users, the Company undertakes that:

(a) the Company is solely responsible for ensuring that the Company and its Users comply with application laws and regulations;

(b) it will not allow any User credentials to be used by any person other than the respective User to whom the User credentials have been assigned;

(c) each User will keep a secure password for his or her use of the Service and that each User will keep his or her credentials confidential; and

(d) each User will comply with all terms and conditions governing the use of the Service.

If the Company becomes aware of any unauthorized access to, or any other use of the Service in breach of these Terms, the Company will promptly notify Taimer upon becoming aware of any such breach. The Company will, at Taimer’s request and in accordance with Taimer’s instructions, including but not limited to changing the credentials (i.e., usernames and passwords) of such Users as may be necessary or expedient in order to ensure the continued security of the Service. Taimer may also provide new credentials for the Users which credentials shall thereafter be used when accessing the Service.

Taimer may, without liability to the Company or Users, and without prejudice to any other rights and remedies available to Taimer, disable the Company’s or Users’ access to the Service in the event the Company or a User fails to use the Service in compliance with these Terms or in a way that Taimer, in its sole discretion, decides may adversely impact the Service.

Taimer is entitled to audit Your use of the Service. You agree to cooperate with Taimer’s auditors and provide reasonable assistance and access to information. Any such audit shall not unreasonably interfere with Your normal business operations. You agree to pay within thirty (30) days of written notification any fees applicable to Your use of the Service in excess of Your rights. If You do not pay, Taimer can end Your and the Users’ access to the Service and the Agreement between You and Taimer. You agree that Taimer will not be responsible for any of the costs You may incur in connection with the audit.

5. SERVICE PROVISION, AVAILABILITY

Taimer shall provide the Service with due professional skill and care in accordance with Taimer’s own methods and procedures. Taimer shall use reasonable efforts available to it to ensure that the Service conforms to Taimer’s service descriptions as available at www.taimer.com from time to time. If the Service does not conform to the foregoing undertaking Taimer will, at its expense, use commercially reasonable and technically feasible efforts to correct such non-conformance promptly. Taimer’s efforts in correcting the non-conformance constitute the Company’s sole and exclusive remedy for the non-conformity.

Taimer is entitled to deploy a new, updated or otherwise changed version of the Service at its discretion upon fourteen (14) days’ prior notification and such notification shall be made available in the Service or by notice to the Company. In the event the Company does not agree to accept the new version, the Company’s only recourse is to terminate this Agreement in accordance with fourteen (14) days’ prior written notice. Taimer shall not be required to give the aforementioned notice, and the Company shall not have the aforementioned right to terminate the Agreement, for minor changes to the Service that do not materially affect the Company’s use of the Service.

Taimer will use commercially reasonable efforts to make the Service available 24 hours a day, 7 days a week and provide the Service without disruptions. Taimer does not, however, represent or warrant that use of the Service will be uninterrupted or error-free. The Company acknowledges that Taimer is entitled to effect (i) planned maintenance breaks, and (ii) unscheduled maintenance breaks, provided that Taimer has used reasonable efforts to issue a public notice in the Service at least 24 hours in advance. Taimer is entitled to take the Service or parts thereof offline, when in its sole discretion there has been a serious threat to the security or integrity of the Service in which case, Taimer may keep the Service offline until such time as it can assure itself of the Service’s continued security and integrity. Taimer will use all reasonable efforts to resolve the situation quickly.

The Company is solely responsible for procuring and maintaining all necessary network connections and telecommunications links for accessing and using the Service. In addition, the Company shall be solely responsible for all problems, conditions, delays, delivery failures and all other loss or damage arising from or relating to such network connections or telecommunications links or caused by the Internet.

6. BACKUPS AND DATA LOSS

Taimer makes backups from the data stored in the Service in accordance with its standard backup procedures. The Company acknowledges that Taimer shall have no liability for the destruction of the content provided by the Company or Users and processed in the Service (‘Content’) or any damage and costs incurred in consequence thereof, such as for the costs of recreating the files. With respect to loss of Content, Taimer’s sole liability is to make commercially reasonable efforts to recreate such Content.

7. PAYMENTS

The fees payable for the Service are specified in the applicable order document, or if not specified in the applicable order document, Taimer’s general fee schedule. The service fees include all taxes and public charges set by government authorities, save for value added tax. Value added tax will be added to the prices in accordance with the applicable legislation and regulations. If there is a change in the amount or basis of any taxes or public charge set by a government authority either due to a change in the law or a change in taxation practice, the fees provided for under the Agreement will change accordingly.

The payment term is fourteen (14) calendar days net from the date of invoice. Interest on overdue payments shall accrue at a rate of eight per cent (8%) per annum. Taimer may, without liability to the Company and without prejudice to any other rights and remedies available to Taimer, disable the Company’s or Users’ access to the Service if Taimer has not received due payment within seven (7) calendar days of a written notice thereof (and as long as the invoice(s) concerned remain unpaid). An additional cost of seven (7) euros will be added to a payment reminder letter.

Taimer shall be entitled to change fees payable for the Service at any time upon a ninety (90) days’ prior written notice to the Company. In the event the Company does not agree to the change in fees, the Company’s only recourse shall be to terminate the Agreement by a written notice given at least thirty (30) days before the changes in service fees take effect.

8. INTELLECTUAL PROPERTY RIGHTS

All intellectual property rights, including but not limited to copyrights (including the right to transfer the copyrights and the right to alter the works protected by the copyright), patents, utility models, registered or unregistered designs, trademarks, trade secrets and know-how, and other intellectual property rights, whether or not capable of registration, and applications of any of the foregoing, and title in the Service shall be the exclusive property of Taimer and/or its licensors. Any rights not expressly granted herein are reserved by Taimer.

The Company represents and warrants that it has all necessary rights to the Content. All intellectual property rights and title in the Content shall be the exclusive property of the Company and/or its licensors. The Company grants Taimer a limited, worldwide, non-exclusive, royalty-free right and license to the Content as necessary for the provision of the Service for the Company and Users. Taimer undertakes to maintain standard industry practices that are designed to keep the Content confidential.

In the event the Company submits suggestions or improvements about the Service to Taimer, the Company will grant to Taimer a perpetual, irrevocable, royalty-free, worldwide, transferable, sublicensable exclusive right and license to all intellectual property rights, other rights, title, and interest in and to such suggestions. Taimer will be entitled to use such suggestions without restrictions for any purpose and without compensation to the Company.

9. INDEMNIFICATION

The Company shall indemnify, defend and hold harmless Taimer and its affiliates and licensors, and each of its respective officers, directors, employees, agents, independent contractors, successors and assigns from and against liability for any third-party claims based on: (i) the Company’s use of the Services in violation of applicable law or, this Agreement; or the Company’s unauthorized access to or disruption of any service, data, account or network in connection with the use of the Services; (ii) any Content or the Company data; or (iii) the alleged infringement or misappropriation of third-party rights by the Content or the Company data. If Taimer is obligated to respond to a compulsory legal order or process described herein, the Company shall also reimburse Taimer for reasonable attorneys’ fees and costs and shall pay Taimer on a time and material basis for time and materials spent.

Taimer shall indemnify, defend and hold harmless the Company and its affiliates, and each of its respective officers, directors, employees, agents, independent contractors, successors and assigns from and against liability for any third-party claims based upon the Service infringement or misappropriation of any copyright of such third party. The foregoing indemnity shall not apply to any claim that arises from or is based on: (i) a claim made by the Company or Users or any of its affiliates; (ii) the Content or use of a Third-Party Component in conjunction with the Service; (iii) the use of the Service in conjunction with any other third-party software package or service for which the Company has not obtained Taimer’s formal written approval; (iv) the Company’s violation of this Agreement; or (vi) the use of non-Taimer software.

Process for Indemnification. The indemnified Party shall promptly notify the indemnifying Party of any claim, but the indemnified Party’s failure to promptly notify the indemnifying Party will only affect the indemnifying Party’s obligations to the extent that the indemnified Party’s failure prejudices the indemnifying Party’s ability to defend the claim. The indemnifying Party may: (i) use counsel of its choice; (ii) settle the claim as the indemnifying Party deems appropriate; and (iii) assume control of the defense and settlement of the claim; provided, any settlement of a claim will not include a financial or specific performance obligation on, or admission of liability by the Party against whom the claim is brought. The indemnified Party shall provide the indemnifying Party with necessary assistance in the defense (at indemnifying Party’s expense).

Remedies for Intellectual Property Infringement. If use of the Service is the subject of a third-party infringement claim or if Taimer reasonably believes that use of the Service may be the subject of a third-party infringement claim, Taimer may, at its option, (i) obtain the right for the Company to continue using the Service; or (ii) replace or modify the Service so it is no longer infringing, or (iii) if Taimer determines that neither (i) nor (ii) can reasonably be accomplished, terminate the Service and refund any amounts that were prepaid.

This Section 9 shall constitute the Company’s sole and exclusive remedy for all claims relating to infringement.

10. PERSONAL DATA

10.1 Roles of the Parties

With respect to any Personal Data that the Company and Users upload or otherwise process in the context of using the Service, the Company acknowledges that it is the Data Controller liable to the Data Subjects for the processing of Personal Data by the Data Processor and Taimer shall be the Data Processor, processing such Personal Data on behalf of the Company. The Data Controller, Data Processor, Data Subject and Personal Data shall have the meanings set forth in the European Union’s General Data Protection Regulation ((EU) 2016/679).

The Company is responsible for compliance with its obligations as Data Controller under data protection laws, in particular for justification of any transmission of Personal Data to Taimer (including providing any required notices and obtaining any required consents), and for its decisions concerning the processing and use of any data in the Service.

The Company warrants that:

i) there is a valid legal ground for the processing, and any Personal Data transferred to Taimer are correct; and

ii) to the extent required by applicable mandatory law, the Company has provided appropriate notice to each individual and/or obtained from each individual his or her written consent for the use and processing of his or her Personal Data in the Service; and

iii) to the extent required by applicable mandatory law, the Company has submitted all and any registrations and/or notifications to the necessary data protection authorities having jurisdiction over the Company’s activities in connection with using the Service; and

iv) the processing of Personal Data in connection with the Service by the Company is carried out in accordance with applicable data protection laws; and

v) it shall give Taimer comprehensive, reasonable, written and lawful instructions on the processing. Performance of the Service in accordance with the Agreement shall be deemed to be in compliance with such written instructions.

The Company shall inform Taimer of all such requirements under the mandatory applicable law that may be imposed on Taimer due to the provision of the Service to the Company by Taimer.

With respect to the Content that is outdated or inaccurate, Taimer shall use reasonable efforts to assist the Company in deleting or rectifying such data in accordance with the Company’s instructions. Taimer does not guarantee any accuracy with respect to information uploaded to the Service by the Company.

10.2 Processing of Personal Data

In order to execute the Agreement and to perform the Service, the Company authorizes and requests that Taimer process the following Personal Data:

Categories of Personal Data: Personal Data may include, without limitations, personal contact information such as name, company address, company telephone or mobile number, email address, and passwords; information on age, date of birth, employment details including employer name, job title and function, education, identification numbers, social security number and business contact details, and goods and services provided and other Personal Data that the Company chooses to process in the Service.

Categories of Data Subjects: Data Subjects include the Company’s representatives and Users, as well as other employees, contractors, collaborators, partners, and customers of the Company.

The nature of the processing has been further described in the Agreement.

Taimer shall process Personal Data only for the provision of the Service and in accordance with the Company’s reasonable written instructions, unless required to do so to comply with a legal obligation to which Taimer is subject. Taimer shall inform the Company of such legal requirement before processing, unless that law prohibits such notification on important grounds of public interest. Taimer will inform the Company if, in Taimer’s opinion, the Company’s instructions breach data protection regulation. The Company understands that Taimer is not obligated to provide legal advice to the Company or to conduct legal research.

Taimer shall execute the processing without additional charge to the extent necessary for Taimer to comply with laws applicable to Taimer as a Data Processor in the provision of the Service. If the Company gives additional instructions, which go beyond the Agreement, any associated costs for compliance with such instructions shall be borne by the Company.

10.3 Confidentiality of Personal Data

Taimer warrants that it will treat all Personal Data as strictly confidential and ensures that all its employees, and/or approved affiliates and sub-processors engaged in processing the Personal Data have signed an adequate confidentiality agreement and/or are under any other binding obligation of confidentiality.

10.4 Data Security

Taimer shall implement commercially reasonable technical and organizational measures appropriate to the risk of the processing to protect Personal Data as required by law against accidental or unlawful destruction or accidental loss, alteration, unauthorized disclosure or access. The technical and organizational measures may include, as appropriate, (i) pseudonymisation and encryption of Personal Data, (ii) being able to ensure ongoing confidentiality, integrity, availability and resilience of processing systems and Services, (iii) being able to restore the availability and access to Personal Data in a timely manner in the event of a physical or technical incident, and (iv) having a process in place for regularly testing, assessing and evaluating the effectiveness of the measures implemented to ensure the security of the processing. Taimer shall restrict access to Personal Data in the Service solely to such Taimer employees and subcontractors who need access to such content for purposes of providing the Service and Taimer undertakes to inform those having access to such content of the relevant confidentiality and security requirements.

10.5 Audits

Once per calendar year, on the Company’s expense and in accordance with the Parties mutual agreement, Taimer shall make available all reasonable information necessary to demonstrate compliance with Taimer’s obligations as a Data Processor, and allow for and contribute to audits, including inspections, conducted by the Company or a third-party auditor mandated by the Company, and approved by Taimer, provided that the Company notifies Taimer of its intention to conduct an audit no later than two (2) weeks prior to the audit. The audit shall be conducted during normal business hours and without interruption to Taimer’s ongoing business operations.

10.6 Assistance, Information Obligations and Incident Management

Taimer shall, taking into account the nature of the processing and the information and technical means available, assist the Company in (i) ensuring compliance with its legal obligations, such as data security, data breach notification, data protection impact assessment and prior consulting obligations, and (ii) responding to requests for exercising the Data Subject’s rights. On the Company’s written request, Taimer shall make available to the Company reasonably all such information it possesses, which are, in accordance with Article 28 of the General Data Protection Regulation ((EU) 2016/679), necessary to demonstrate compliance with the obligations regarding the use of a data processor. Taimer has the right to invoice the reasonable costs incurred as a result of the aforementioned assistance and provision of data.

10.7 Personal Data Breaches

In case Personal Data is accidentally, unlawfully or without proper authorization destroyed, lost, altered, disclosed or accessed, or the confidentiality, integrity or availability of Personal Data is endangered by any other event (‘Personal Data Breach’), Taimer shall, after having become aware of a Personal Data Breach, notify Company without undue delay. Such notification shall be made in writing or any other means Taimer finds reasonable.

Taimer shall retain documentation of Personal Data Breaches, and retain such documentation for a reasonable time, however as a minimum for six (6) months from the termination of this Agreement.

10.8 Sub-Processor and Affiliates

Some or all of Taimer’s obligations under the Agreement may be performed by affiliates and sub-processors of Taimer. This Agreement includes a general written authorization of the Company for Taimer to subcontract the performance of whole or parts of the Service to a third party in accordance with this Agreement. Taimer shall use all reasonable efforts to procure that its sub-processors are bound in writing by the same or equal obligations as Taimer under this Agreement and shall supervise compliance thereof.

Taimer maintains a list of sub-processors that may process the Content. Taimer shall inform the Company of the engagement of a new sub-processor. If the Company does not object to the engagement of the sub-processor in question in writing within one (1) week after having received notice thereof, the Company shall be deemed to have accepted the sub-processor in question. If the Company objects to the use of a new sub-processor, Taimer shall be entitled to, for each service, without consequences for Taimer, decline the Service. For the avoidance of doubt, the Company has accepted all sub-processors used by Taimer at the time the Agreement comes into force.

10.9 Location of data

In connection with the Service, Taimer shall process the Personal Data as follows:

  1. If the Company is based in the European Union (‘EU’) or in the European Economic Area (‘EEA’), Personal Data shall be processed within the EU/EEA.
  2. If the Company is based in North or South America, Personal Data shall be processed in the United States.
  3. If the Company is based somewhere else than the areas mentioned in subparagraphs 1) and 2) above, Personal Data shall be processed within the EU/EEA.

10.10 Return and Deletion of Personal Data

Following the termination of the Agreement and the Service, Taimer will return or otherwise make available for retrieval the Content in the Service.

Upon termination of the Agreement, Taimer will promptly delete all copies of the Content, unless any legislation imposed upon Taimer, Taimer’s employees, Taimer’s affiliates or subcontractors prevent it from returning or destroying all or part of the Content received. In that case, Taimer warrants that it will not actively process the Content after the termination of the Agreement, and will otherwise comply with its obligations pursuant to this Section 10.

10.11 Enquiries and Disclosures

In the event of a dispute or claim brought by a Data Subject or an authority against Taimer concerning the processing of Personal Data, or if Taimer is required by law or a non-appealable judgment or other resolution issued by any competent court, supervisory authority or similar administrative organ to disclose any information or Personal Data in connection with the provision of the Service, whether partly or wholly, or provide other specific answers to such entity (together ‘Enquiry’), Taimer agrees to give preliminary notice to the Company of any such Enquiry and its circumstances, unless prohibited to do so by law to which Taimer is subject.

As a general rule, Company will respond to Enquiries and requests from Data Subjects and authorities concerning processing of the Content by Taimer, unless the Enquiry provides that Taimer shall respond and the national data protection laws do not allow deviating from such position either. Taimer shall inform the Company of any requests from the Company’s Data Subjects and supervisory authorities. Taimer has the right to invoice the reasonable costs incurred as a result of the aforementioned assistance and provision of data.

11. USE OF ANALYTICS

Taimer may compile statistical and other aggregate data related to system activity and performance, operation and use of the Service to create statistical analyses, and for research and development purposes. Taimer may make statistical analyses publicly available; however, analyses will not incorporate any of the Content in a form that could serve to identify the Company or any Data Subject,or any confidential information of the Company, or in any other manner than statistically, and the statistical analyses do not constitute Personal Data as the data is fully anonymized. Taimer retains all intellectual property rights in its statistical analyses as well as the results of its research and development.

12. FORCE MAJEURE

Neither Party shall be liable for any delay in performing its obligations under this Agreement, if such delay is caused by circumstances beyond the Party’s reasonable control, including without limitation, any acts of God, war, terrorism, floods, windstorm, labor disputes, change in laws or regulations, public health risks or epidemics, or delay of essential materials or services. A force majeure event affecting a Taimer subcontractor shall be deemed a force majeure event affecting Taimer, provided the above requirements are met for the subcontractor in question. In the event a non-performance or a delay in performance of obligations under this Agreement is due to a force majeure event, the period of performance shall be extended by the delay due to such event and any additional time that the Parties may mutually agree is necessary for the remobilization of personnel and resources. However, the Party not affected by the force majeure shall have the right to terminate this Agreement without penalty if the Party affected by the force majeure event is unable to resume full performance within sixty (60) days of occurrence of the event.

13. NO WARRANTIES, LIMITATIONS OF LIABILITY

THE SERVICE IS PROVIDED AS DESCRIBED IN, AND SUBJECT TO, THE TERMS OF THE AGREEMENT (INCLUDING THE RELEVANT ORDER DOCUMENT) AND TAIMER’S THEN-CURRENT SERVICE DESCRIPTION.

EXCEPT AS EXPRESSLY PROVIDED IN THIS AGREEMENT AND TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, THE SERVICE IS PROVIDED ON AN ‘AS IS’ AND ‘AS AVAILABLE’ BASIS AND TAIMER MAKES NO REPRESENTATIONS OR WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY, TITLE, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT AND ANY WARRANTIES ARISING FROM A COURSE OF DEALING, USAGE OR TRADE PRACTICE. TAIMER DOES NOT GUARANTEE THAT THE SERVICE OR THIRD-PARTY PRODUCTS WILL BE UNINTERRUPTED OR ERROR FREE. NEITHER TAIMER NOR ITS AFFILIATES OR LICENSORS HAVE ANY DUTY TO REVIEW, EDIT, SCREEN, PUBLISH OR REMOVE ANY CONTENT EXCEPT AS STRICTLY REQUIRED BY APPLICABLE LAW. THE COMPANY ACKNOWLEDGES THAT TAIMER DOES NOT CONTROL OR MONITOR THE TRANSFER OF DATA OVER THE INTERNET, AND THAT INTERNET ACCESSIBILITY CARRIES WITH IT THE RISK THAT THE COMPANY’S PRIVACY, CONTENT, CONFIDENTIAL INFORMATION AND PROPERTY MAY BE LOST OR COMPROMISED.

IN NO EVENT WILL THE COMPANY OR TAIMER, ITS LICENSORS OR ITS AFFILIATES BE LIABLE, WHETHER IN CONTRACT, TORT (INCLUDING NEGLIGENCE) OR OTHERWISE, FOR ANY INDIRECT, INCIDENTAL OR CONSEQUENTIAL OR PUNITIVE DAMAGES (INCLUDING LOST SAVINGS, PROFIT OR BUSINESS INTERRUPTION) EVEN IF NOTIFIED IN ADVANCE OF SUCH POSSIBILITY, ARISING OUT OF OR PERTAINING TO THE SUBJECT MATTER OF THIS AGREEMENT HOWEVER CAUSED OR ON ANY THEORY OF LIABILITY. TAIMER’S TOTAL AGGREGATE LIABILITY IN CONNECTION TO THE AGREEMENT, UNDER ANY THEORY OF LIABILITY (INCLUDING CONTRACT, TORT, UNJUST ENRICHMENT OR RESTITUTION), FOR BREACHES OCCURRING IN A SINGLE CALENDAR YEAR IS LIMITED TO THE MAXIMUM AMOUNT CORRESPONDING TO THE SERVICE FEES (EXCLUDING VALUE ADDED TAX) PAID BY THE COMPANY FOR THE SERVICE DURING THE PERIOD OF THREE (3) MONTHS PRECEDING THE CAUSE GIVING RISE TO THE CLAIM. THIS LIMITATION OF LIABILITY SHALL NOT APPLY TO (I) WILLFUL MISCONDUCT OR GROSS NEGLIGENCE; (II) FRAUD OR FRAUDULENT MISREPRESENTATION; (III) DEATH OR PERSONAL INJURY CAUSED BY NEGLIGENCE; OR (IV) COPYRIGHT INFRINGEMENTS FOR WHICH TAIMER’S LIABILITY IS SUBJECT TO SECTION 9 (INDEMNIFICATION). THE FOREGOING LIMITATIONS OF LIABILITY SHALL NOT BE CONSTRUED TO LIMIT THE COMPANY’S OBLIGATION TO PAY ANY FEES AND EXPENSES INCURRED PURSUANT TO THIS AGREEMENT.

THE PARTIES ACKNOWLEDGE THAT THE DIVISION OF THE PARTIES’ LIABILITY RELATED TO ADMINISTRATIVE FINES AND/OR DAMAGES IMPOSED BY A SUPERVISORY AUTHORITY OR A COURT UNDER THESE PERSONAL DATA PROCESSING TERMS IS BASED ON EACH PARTY’S OBLIGATION TO FULFIL ITS OWN DUTIES UNDER THE DATA PROTECTION LEGISLATION. THEREFORE, EACH PARTY IS LIABLE FOR THE ADMINISTRATIVE FINES AND/OR DAMAGES THAT ARE IMPOSED BY A SUPERVISORY AUTHORITY OR A COURT AND THAT HAVE BEEN IMPOSED ON IT FOR INFRINGEMENTS OF DATA PROTECTION LEGISLATION CAUSED BY THE PARTY IN QUESTION.

14. TERM AND TERMINATION

Unless otherwise stated in the applicable order document, the Agreement is effective until further notice and may be terminated at any time by either Party with one (1) month’s prior written notice.

In addition, either Party may terminate this Agreement without liability to the other if (i) the other Party commits a material breach of any of the terms of the Agreement and fails to remedy the respective breach within fourteen (14) days of receipt of a written notice thereof from the other Party; or if the other Party becomes insolvent, makes an assignment for the benefit of its creditors, a receiver is appointed or a petition in bankruptcy is filed with respect to the Party and is not dismissed within sixty (60) days.

As of the termination date:

a) all rights to use the Service under the Agreement shall terminate immediately;

b) Taimer will disable the Company’s access to the Service and the Company shall promptly pay all amounts due for services already provided;

c) each Party shall destroy and make no further use of any confidential material of the other Party and other proprietary material of the other Party; and

d) Taimer shall store the Content in its possession for a period of fourteen (14) calendar days from the termination date during which time period the Company may, after Taimer’s receipt of payment in full, retrieve any Content. After the said fourteen (14) calendar days Taimer will permanently erase all Content stored in the Service. For purposes herein, ‘permanently erased’ means the Company data has been completely overwritten and is unrecoverable.

15. GOVERNING LAW AND DISPUTE RESOLUTION

This Agreement and the use of the Service hereunder is governed by the laws of Finland without giving effect to any rules or principles on the conflict of laws. Any dispute, controversy or claim arising out of or relating to this Agreement, or the breach, termination or validity thereof, shall be finally settled by arbitration in accordance with the Arbitration Rules of the Finland Chamber of Commerce. The seat of arbitration is Helsinki, Finland. The number of arbitrators is one (1). The language of the proceedings is English. Taimer shall additionally be entitled to lodge a claim concerning collection of outstanding debts in any court relevant to the Company’s business or residence.

16. MISCELLANEOUS

The Company grants Taimer the right to publish the Company’s name and use it as a reference when marketing the Service.

The Parties will act solely as independent contractors. These Terms shall not be construed as creating an agency, partnership, joint venture, fiduciary duty, or any other form of legal association between Taimer and the Company.

The Agreement constitutes the entire agreement of the Parties relating to the subject matter addressed in the Agreement. This Agreement supersedes all prior communications, contracts, or agreements between the Parties with respect to the subject matter addressed in the Agreement, whether oral or written.

Any amendment to this Agreement shall be in writing and shall have no effect before signed by duly authorized representatives of both Parties. Amendments or variations to the Agreement which have not been made observing the above procedure shall be void and shall have no effect.

If any part of these Terms is determined to be invalid or unenforceable, such determination shall not invalidate any other provision of these Terms.

The failure by Taimer to enforce any right or provision of these Terms shall not be deemed to constitute a waiver. Should any provision of these Terms be found invalid or unenforceable, the remaining provisions of the Terms shall remain in full force and effect.

You may not assign the Agreement or any of the rights or obligations under the Agreement to a third party without Taimer’s prior written consent.

17. CONTACT

If You have any questions or concerns regarding the Terms, please contact us at [email protected].

Last Edited 13.08.2020

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