The following terms and conditions (the “Standard Terms”) shall be deemed to be incorporated into the attached order (the “Service Order”):
1. Terms of Payment
The Service Order must be paid prior to any service start date unless otherwise agreed by storify.me at its sole and absolute discretion. Any amounts paid after the Due Date shall bear interest at the rate of one percent (1%) per month or the prevailing rate as may be charged by storify.me from time to time. In the event Client fails to make timely payment, Client will be responsible for all expenses (including legal fees on a full indemnity basis) incurred by storify.me in collecting such amounts. storify.me reserves the right to suspend performance of its obligations hereunder (or under any other agreement with Client) without further reference in the event Client fails to make timely payment hereunder or under any other agreement with storify.me. All payments due to storify.me shall be made directly to storify.me at 7 Temasek Boulevard, Suntec Tower One, #12-07, Singapore 038987. Cheques should be crossed and made payable to “storify.me LLP”.
For Telegraphic Transfers in Singapore Dollars:
Account Name: STORIFY.ME LLP
Name of Bank: United Overseas Bank Limited Co.
Bank Code: 7375
Bank Account No. (SGD): 355-323-829-1
Swift Code: UOVBSGSG
2. Taxes
Client agrees that all payments under the Service Order shall be exclusive of any value-added or goods and services tax imposed by any government, statutory or tax authority and that any such value-added or goods and services tax imposed by any government, statutory or tax authority in any country or territory in respect of such payments shall be borne by the Client. The Client further agrees that all amounts payable under the Service Order shall be paid as follows: (a) free of any restriction or condition, (b) free and clear of and without any deduction or withholding for or on account of any tax and (c) without deduction or withholding on account of any other amount, whether by way of set-off or otherwise. If at any time any tax or other amount must be deducted or withheld from the amounts paid or payable by, or received or receivable from, the Client under this Service Order, (except for a payment by the recipient of tax on its own overall net income) the Client shall pay such additional amount as is necessary to ensure that storify.me receives on the Due Date and retains (free from any liability other than tax on its own overall net income) a net sum equal to what it would have received and so retained had no such deduction or withholding been required or made. Within 30 days after paying any sum from which it is required by law to make any deduction or withholding, the Client shall deliver to storify.me evidence of that deduction, withholding or payment. As soon as the Client is aware that any such deduction, withholding or payment is required (or of any change in any such requirement), it shall promptly notify storify.me.
3. Positioning
Except as otherwise expressly provided in the Service Order, positioning of advertisements, keywords, search words category pages or search results (collectively advertisements) within Facebook, Google, Yahoo and/or other online properties (the “Media Properties”) in the Service Order is at the sole discretion of the respective media owners (the “Media Owners”). The Media Owner may, at its sole discretion, remove the Service Order (and substitute with similar inventory) any advertisement that it believes to be a trademark, trade name, company name, product name or brand name belonging to or claimed by a third party for which Client has no permission to use. For the avoidance of doubt, the Media Properties are subject to all applicable Media Owner policies, including without limitation the editorial guidelines, privacy policies and any ad specification requirements (collectively, “Policies”). Policies may be modified at any time by the Media Owners.
4. Usage Statistics
Unless specified in the Service Order, the Media Owners and/or storify.me make no guarantees with respect to usage statistics or levels of impressions, page views, clicks or other similar statistics whatsoever (collectively know as the “Statistics”) for any advertisement. Client acknowledges that delivery statistics provided by the Media Owners and/or storify.me are the official, definitive measurements of the Media Owners’ and/or storify.me’s performance on any delivery obligations provided in the Service Order. No other measurements or usage statistics (including those of Client or a third party ad server) shall be accepted by the Media Owners and/or storify.me or have bearing on the Service Order. Client further acknowledges that all statistics provided by the Media Owners and/or storify.me in relation to its advertising products and services are purely estimates and should not be detrimentally relied on. Accordingly, the Media Owners and/or storify.me make no representation or warranty with respect to such statistics whatsoever or with respect to its accuracy. Client also acknowledges that storify.me makes no guarantee regarding the timing delivery of any impressions, clicks or conversions for any advertisement displayed on the Media Properties.
5. Ownership
storify.me is the legal owner and retains all right, title and interest in, and to, storify.me’s underlying rights in its services provided, such as concepts, content, design, internet applications, reports provided to the Client (“Report”) including but not limited to the Report design, Report interface, Report functionalities, accounts created in the Media Properties for Clients, data collection functionalities, supporting software, systems architecture, and any and all related technologies and processes (“ storify.me Intellectual Property”), including all improvements, modifications, suggestions, enhancement requests, feedback, recommendations, or derivative works thereof, including those made by Client, if any, which Client hereby assigns to storify.me.
6. Restrictions
Client agrees not to: (a) sell, rent, sublicense or lease access to storify.me Intellectual Property to provide services to third Parties, including but not limited to an ASP, time-share or other organization not provided for under the terms of this Agreement; (b) remove, obscure or alter any proprietary notices associated with storify.me Intellectual Property; (c) willfully tamper with Media Owners’ and/or storify.me’s provision of services and reports; (d) use storify.me Intellectual Property, or allow them to be used, in any manner or for any purpose other than as expressly permitted herein; (e) reproduce, modify, make derivative works of, publicly perform, publicly display, use, make, have made, sell, offer to sell or import storify.me Intellectual Property except as provided in this Agreement; or (f) disassemble, decompile, or reverse engineer storify.me Intellectual Property.
7. Renewal
Except as expressly set forth in the Service Order, any renewal of the Service Order and acceptance of any additional advertising order shall be at the Media Owners’ and/or storify.me’s sole and absolute discretion. Pricing and terms and conditions for any renewal period are subject to stipulations and changes initiated by the Media Owners and/or storify.me from time to time.
8. Limitation of Liability
In the event (a) the Media Owners and/or storify.me fail to publish a media advertisement in accordance with the schedule provided in the Service Order, (b) the Media Owners and/or storify.me fail to deliver the number of total impressions specified in the Service Order in relation to a media advertisement (if any) by the end of the specified period, or (c) of any other failure, technical or otherwise, of such advertisement to appear as provided in the Service Order, the sole liability of the Media Owners and/or storify.me to Client shall be limited to, at the Media Owners’ and/or storify.me’s sole discretion, a pro rata refund of the advertising fee representing undelivered impressions, placement of the advertisement at a later time in a comparable position, or extension of the term of the Service Order until total impressions are delivered. In no event shall the Media Owners and/or storify.me be responsible for any consequential, special, punitive or other damages, including, without limitation, lost revenue or profits, in any way arising out of or related to the Service Order/Standard Terms or publication of the advertisement, even if the Media Owners and/or storify.me have been advised of the possibility of such damages. Without limiting the foregoing, the Media Owners and/or storify.me shall have no liability for any failure or delay resulting from any governmental action, fire, flood, insurrection, earthquake, power failure, riot, explosion, embargo, strikes whether legal or illegal, labor or material shortage, transportation interruption of any kind, work slowdown or any other condition beyond the control of the Media Owners and/or storify.mes affecting production or delivery in any manner.
9. Clients Representations; Indemnification
Advertisements are accepted upon the representation that Client has the right to publish the contents of the advertisement without infringing the rights of any third party and without violating any law. In consideration of such publication, Client hereby represents and warrants that it has obtained all necessary legal, regulatory and governmental approvals, licenses, consents and permits as the case maybe, in relation to the promotion, game, contest, lucky draw, sweepstake or lottery referred to and promoted in the advertisement campaign that the Service Order relates to (“Promotion”), if any. Client also warrants ownership or license to use the entire contents and subject matter contained in the creative including names, voices, pictures, and likenesses of persons, trademarks, service marks, and/or depictions of goods or services; including any testimonials or endorsements. Client agrees, at its own expense, to indemnify, defend and hold harmless the Media Owners and/or storify.me, and its employees, representatives, agents and affiliates, against any and all expenses and losses of any kind (including legal fees and costs on a full indemnity basis) incurred by the Media Owners and/or storify.me in connection with any claims , administrative proceedings or criminal investigations of any kind arising out of (a) publication of the advertisement; (b) the Promotion and its publication thereof; and/or (c) any Promotion, material, product or service of Client to which users can link through the advertisement (including without limitation, any claim of trademark or copyright infringement, defamation, breach of confidentiality, privacy violation, false or deceptive advertising or sales practices).
10. Right to Reject Order
All content of service are subject to the Media Owners and/or storify.me’s absolute approval. The Media Owners and/or storify.me reserve the right to reject or cancel any service order, at any time, for any reason whatsoever (including belief by the Media Owners and/or storify.me that services rendered may subject the Media Owners and/or storify.me to criminal or civil liability).
11. Cancellations
Except as otherwise provided in the Service Order, the Service Order is non-cancelable by Client. All Service Orders have to be exercised by the Client within 6 months upon signing and confirmation of the Service Order (whichever is earlier). If the Service Orders are not exercised after the above mentioned period, the Service Order will be deemed to have expired and there will be no refund of any money having been prepaid in such cases. Notwithstanding the generality of the foregoing, refunds may be given only upon receipt by the Media Owners and/or storify.me of a detailed written statement and supporting evidence, satisfactory to the Media Owners and/or storify.me, that the payment in question was made as a result of fraud.
12. Termination
Either party may terminate any Service Order forthwith upon the occurrence of one or more of the events: (a) the other party enters into any composition or arrangement with its creditors or has a receiver appointed over any of its assets or is the subject of any resolution or petition for winding up or judicial management (other than for the purpose of amalgamation or reconstruction); (b) the other party ceases or threatens to cease carrying on business; or (c) the other party commits a breach of any condition and fails to fully rectify and remedy the effects of such breach (if capable of rectification) within fourteen (14) days of service of a notice in writing. Any termination of any Service Order shall be without prejudice to any rights (whether accrued or otherwise) or obligations which either party may have against the other arising out of or connected with any Service Order.
13. General
(a) It is the responsibility of the Client to verify the accuracy of its published content and where, for whatever reason, content is published with an error in it, the Client is responsible for informing storify.me and/or the Media Owner of the error prior to the content being repeated within 24 hours of the publication of the content at the latest, failing which no complaints will be entertained. (b) To the fullest extent permitted by law, under no circumstances whatsoever shall storify.me be liable to the Client for any liability, damages, losses, costs or expense incurred by the Client arising from or in connection with any electronic, electric, electrical, mechanical or other failure, error, omission, interruption or delay howsoever caused with respect to such firmware, bios, data, computer hardware or software, computer systems, communication systems or other automated systems, notwithstanding that storify.me or its agents or employees are advised of the possibility of such liability, damages, losses, costs and/ or expenses.
14. Non-Solicitation of Employees
During the term of storify.me’s assignment, and for a period of one year thereafter, neither storify.me nor the Client may, without the other’s written consent, solicit or hire any employee of the other who was involved in the assignment. However, either party shall have the right to hire any individual employed by the other who, without other solicitation, responds to employment advertising in newspapers, trade publications, or other public commercial media or to any unsolicited walk-in candidates not related to the Agreement.
15. Construction
No conditions other than those set forth in the Service Order or these Standard Terms shall be binding on the Media Owners and/or storify.me unless expressly agreed to in writing by the Media Owners and/or storify.mes. In the event of any inconsistency between the Service Order and the Standard Terms, the Standard Terms shall prevail.
16. Miscellaneous
These Standard Terms, together with the Service Order, (a) shall be governed by and construed in accordance with, the laws of the Republic of Singapore, without giving effect to principles of conflicts of law; (b) may be amended only by a written agreement executed by an authorized representative of each party; and (c) constitute the complete and entire expression of the agreement between the parties, and shall supersede any and all other agreements, whether written or oral, between the parties. Client shall make no public announcement regarding the existence or content of the Service Order without the Media Owners’ and/or storify.me’s written approval, which may be withheld at the Media Owners’ and/or storify.me’s sole discretion. All parties consent to the jurisdiction of the courts of the Republic of Singapore with respect to any legal proceeding arising in connection with the Service Order/Standard Terms.
17. Agency
If an agency (appearing and named in the Service Order) (“Agency”) executes this Service Order for and on behalf of the Client, the Agency hereby represents, warrants and undertakes that: (a) it has the power and authority to execute this Service Order for itself and as well as for and on behalf of the Client; (b) it shall make all the representations and warranties of the Client under this Service Order/Standard Terms as if it were the Client; and (c) it will guarantee all the obligations of the Client under this Service Order/Standard Terms as if it were the Client. For the avoidance of doubt, nothing herein shall affect the obligations of the Client under this Service Order/Standard Terms, which shall continue to bind the Client, who shall be deemed to have duly executed this Service Order by its agent, the Agency.