Terms & Conditions

These Terms and Conditions govern all engagements between ARISMETA TECHNOLOGY SERVICES PRIVATE LIMITED ("Company," "we," "us," or "our") and clients ("Client," "you," or "your") for the provision of services including but not limited to AI development, software development, consulting, marketing, and related professional services.

By engaging our services, you agree to be bound by these terms. A formal Statement of Work (SOW) or Service Agreement specific to your project will supplement these general terms.

2.1 Payment Structure

• Project Initiation: 50% of the total project value is due upon signing of the Statement of Work
• Project Delivery: Remaining 50% is due upon successful delivery and client acceptance
• Milestone-based projects: Payment terms may be adjusted based on project milestones as defined in the SOW

2.2 Payment Methods

Payments can be made via bank transfer, wire transfer, or other methods specified in the invoice. All payments must be made in the currency specified in the SOW.

2.3 Late Payments

Invoices are due within 15 days of issue. Late payments may incur interest at 1.5% per month. ARISMETA TECHNOLOGY SERVICES PRIVATE LIMITED reserves the right to suspend work on overdue accounts.

Our standard engagement includes two (2) rounds of revisions at each major milestone:

• Revisions must be requested in writing within 7 business days of deliverable submission
• Revisions should be within the original project scope as defined in the SOW
• Additional revision rounds beyond the included two will be billed at our standard hourly rate
• Major scope changes or new requirements are not considered revisions and will require a change order

4.1 Client Ownership

Upon full payment, the Client will own all rights to the final deliverables specifically created for the project, including:

• Custom source code developed for the project
• Design assets and visual elements
• Documentation and specifications

4.2 Company Retention

ARISMETA TECHNOLOGY SERVICES PRIVATE LIMITED retains rights to:

• Pre-existing code, frameworks, and tools used in the project
• General knowledge, methodologies, and processes
• The right to use non-confidential aspects of the project for portfolio and marketing purposes

4.3 Third-Party Components

Projects may include third-party libraries or components subject to their respective licenses. Such components remain under their original licenses.

Both parties agree to maintain the confidentiality of all proprietary information disclosed during the engagement:

• Confidential information includes business strategies, technical specifications, customer data, and financial information
• Confidentiality obligations survive the termination of the engagement for a period of three (3) years
• Confidential information may be disclosed if required by law, with reasonable prior notice to the disclosing party
• Standard confidentiality does not cover information that becomes publicly available through no fault of the receiving party

Additional NDA agreements may be executed for projects requiring enhanced confidentiality protections.

Neither party shall be liable for delays or failure to perform due to circumstances beyond their reasonable control, including but not limited to:

• Natural disasters, acts of God
• War, terrorism, civil unrest
• Government actions or regulations
• Pandemic or epidemic
• Critical infrastructure failures (internet, power grid)

The affected party must provide prompt written notice and make reasonable efforts to mitigate the impact. If the force majeure event continues for more than 60 days, either party may terminate the agreement without penalty.

During the term of the engagement and for a period of twelve (12) months following its completion:

• Neither party shall directly or indirectly solicit, recruit, or hire employees or contractors of the other party who were involved in the project
• This restriction applies to both direct employment and engagement through third parties
• Violation of this clause will result in liquidated damages equal to six (6) months of the individual's compensation

This clause does not apply to general recruitment advertising or unsolicited applications.

To the maximum extent permitted by law:

• ARISMETA TECHNOLOGY SERVICES PRIVATE LIMITED total liability shall not exceed the fees paid by the Client for the specific project giving rise to the claim
• Neither party shall be liable for indirect, incidental, consequential, or punitive damages
• These limitations apply regardless of the form of action, whether in contract, tort, or otherwise

• Either party may terminate with 30 days written notice
• Upon termination, Client shall pay for all work completed to date
• ARISMETA TECHNOLOGY SERVICES PRIVATE LIMITED shall deliver all work product completed at the time of termination
• Confidentiality and non-solicitation obligations survive termination

These Terms shall be governed by and construed in accordance with the laws of the jurisdiction specified in the Statement of Work. Any disputes shall be resolved through binding arbitration in the agreed-upon jurisdiction.