Legal

Terms and conditions

NIORA TERMS AND CONDITIONS 

The following Terms and Conditions govern all use of  our Software and SaaS Services and Professional  Services (together or individually “Services”) operated  by Niora Labs AB, (the “Company”). 

This document together with the attached Data  Processing Agreement and each applicable Order  Form (defined below) executed between Company  and you (“Customer”) form the “Agreement”, starting  on the Effective Date. 

Company and Customer are hereinafter referred to  individually as “Party” and together as the “Parties“. 

These Terms and Conditions apply to Authorized  Users as defined within this Agreement. In case of any  conflict between this document and any applicable  Order Form, the Order Form shall control and prevail.  Nothing in this Agreement requires the transfer of  ownership of any of your data. 

  1. DEFINITIONS 

Agreement 

The Terms and Conditions together with the attached  Data Processing Agreement and each applicable  Order Form executed between Company and  Customer. 

Authorized Users 

Any employee or contractor of Customer, Affiliates or  other users whom Customer has authorized to access  Services on its behalf and under its responsibility,  including but not limiting to Customer Third-Party  collaborators of Customer’s datasets. 

Company 

Niora Labs AB, org. nr. 559521-0955, established in  Tomtebogatan 46, 113 38 Stockholm, Sweden. 

Confidential Information 

Is as defined in any applicable Non Disclosure  Agreement (the “NDA”) executed and that remains in  force between Parties. If no NDA has been already  executed then it is defined as follows: 

Any business, technical or financial information which  is not generally known or readily accessible to the  public, in the sense that it is not as a body or in the  precise configuration and assembly of its components  generally known among or readily accessible to the  persons active in the field, which is marked as  “confidential” or which can reasonably deemed  confidential based on the circumstances of the  disclosure and which is communicated by or on behalf  of Disclosing Party to Receiving Party in connection  with Agreement, in tangible form or intangible form, no  matter on which medium. 

Confidential Information includes but is not limited to: 

i) Concepts and ideas relating to the  development and distribution of content or to the current, future and proposed products or  services; 

ii) Technical data, trade secrets, drawings,  research results, product or service ideas, inventions, know-how, software code and  programs (including modules, scripts, algorithms and features), software designs,  computer programs (in particular source  codes, even when disclosed after reverse  engineering efforts), algorithms, data models,  software source documents and user or  internal documentation; 

iii) Information regarding plans for research,  development, new services or products, marketing and selling (including prices,  licensing and distribution), business plans, forecasts, budgets and unpublished financial  statements, suppliers and customers; 

iv) Customer Data; 

v) Existence of business discussions,  negotiations or agreements between Parties; 

vi) Any information regarding the personal  information, skills and compensation of employees, contractors or other agents of  Customers or its subsidiaries or affiliates. Confidential Information includes copies,  analyses, syntheses, or abstracts made of it  as well as products, modules, samples,  prototypes or parts that may reveal Confidential Information. 

Information that shall not constitute as Confidential is  information that is disclosed by Disclosing Party which  Receiving Party is able to prove: 

i) was in the possession of the Receiving Party  at the time of disclosure; or 

ii) is at the time of disclosure, or subsequently  becomes, generally available to the public  through no breach of this Agreement by the  Receiving Party; or 

iii) is lawfully obtained from a Third-Party  provided that the Third-Party is not, to Receiving Party’s best knowledge, in breach  of any obligation of confidentiality to Disclosing Party relating to that information; or

iv) is independently acquired or developed by or  for Receiving Party without violation of this  Agreement. 

Customer Data 

Data (including but not limited to photos, videos and  point clouds) initially uploaded by Customer on  Company’s Platform with the intent of being processed  by Company’s Services, and data and meta-data  generated by (or on behalf of) Customer, in relation to  the initially uploaded data (including but not limited to  labeled data) using Company’s Services. 

Customer Third-Party 

A Third-Party that has been specifically designated or  authorized by Customer to receive data or services in  accordance with this Agreement, including but not  limited to data recipients under Article 5.9 and  switching service providers under Article 5.12. 

Documentation 

User manuals, such as FAQs, guides, and other online  help files provided by Company, that explain how to use SaaS Services. This includes any instructions,  specifications, or other materials provided by the  Company for understanding and operating Platform  effectively. Documentation may be in written or  electronic form and includes any updates or revisions  provided during the Term of Agreement. 

Effective Date 

The date specified in Order Form, whether or not the  Customer has started using the SaaS Services and/or  Professional Services. 

Equipment 

Equipment and ancillary services to connect to,  access or otherwise use Services, including, without  limitation, modems, servers, software, operating  systems, networking, and the like. 

Fees 

Fees described in Order Form for SaaS Services and  Professional Services. 

Intellectual Property Rights (IP) 

All intellectual property rights granted under the  applicable laws, including but not limited to copyright,  database rights, trademarks rights, patent rights,  design rights, whether registered or not, including  applications for such rights. 

Order Form 

Specific terms and conditions labeled as such,  applicable between Customer and Company,  including orders made on the Platform. 

Payment Terms 

Payment terms including payment schedule and  payment method. 

Platform 

Means the Niora Hub (app.niora.ai) from time to time. 

Professional Services 

Services performed by Company for Customer such  as but not limited to: implementation, labeling,  workforce training, model development, installation  services or other consultancy services in connection  with SaaS Services. 

SaaS Services 

The availability of, access to and use of the Niora software solution (“SaaS Services”) and accessory  services via the Platform encompassing the provision  of Niora Hub, unless otherwise defined in the  applicable Order Form under ‘SaaS Services’. 

Term 

The period for which Services are delivered, as  defined in the applicable Order Form. 

Third-Party 

Any person or entity other than Company and  Customer, including but not limited to external service  providers, contractors, suppliers, or other business  entities that are not party to this Agreement. 

Third-Party Offerings 

External service offered by Third-Parties that  Customer may need to obtain to access Services such  as but not limited to certain hardware, software  applications or other external services (e.g. labeling  workforce services). 

  1. SERVICES AND SUPPORT 

2.1. Company will use commercially reasonable  efforts to provide Customer the SaaS Services  and Professional Services. 

2.2. As part of the registration process, Customer  will identify administrative usernames and  passwords for Customer’s required accounts of  Authorized Users. 

2.3. Company may at its sole discretion modify,  update, upgrade or extend Services (including,  by way of example, adding features and  functionality, or enhancing security or usability)  and inform Customer about these modifications.  Notwithstanding the functionality described in  Definitions of “SaaS Services” will be maintained. 

2.4. The Company shall always be entitled to invoice  for the number of hours of Professional  Services set out in Order Form. If Company provides Professional Services beyond those  agreed in an Order Form upon mutual written  consent, (including, without limitation, in excess  of any hours estimates set forth therein), Customer will pay Company the agreed  consultation rates for the mission. Any  agreement regarding Professional Services  beyond those agreed in the Order Form may  also be agreed by e-mail.  

2.5. In the event that any modification, update,  upgrade, or extension of SaaS Services  materially reduces its performance, as determined by SaaS Services not performing  according to Company’s Documentation, then  Customer shall have the right to terminate  Agreement upon fifteen (15) days written notice  to Company if Company does not remedy the  performance reduction within the fifteen (15)  day notice period. 

  1. RESPONSIBILITIES 

3.1. Before concluding this Agreement, the  Company has provided information in accordance with Article 3.3 of Regulation (EU)  2023/2854 Data Act. 

3.2. Company shall maintain an up-to-date online  register with details of all data structures and  data formats as well as relevant standards and  open interoperability specifications for  exportable data. 

3.3. The Data Processing Agreement (the “DPA”), which constitutes an integral part of this  Agreement, contains an exhaustive  specification of all categories of Customer Data  and digital assets that can be ported during the  switching process, including at minimum all  exportable data, and an exhaustive  specification of categories of data specific to  Company’s internal functioning that are  exempted from exportable data where risk of  breach of Company’s trade secrets exists. 

3.4. Customer shall use Services in compliance with  Agreement, with all Third-Party rights and with  all applicable laws. 

3.5. Customer shall refrain from any activities that  (without prejudice to Article 3.7): 

i) interfere with, modify, disrupt or disable  features or functionality of SaaS Services,  including without limitation any such  mechanism used to restrict or control the  functionality, or defeat, avoid, bypass,  remove, deactivate or otherwise circumvent  any software protection or monitoring  mechanisms of SaaS Services; 

ii) unless otherwise set out in the Order Form,  use SaaS Services for time sharing or  service bureau purposes or otherwise for the  benefit of a Third-Party and neither to permit  other individuals or entities to create Internet  “links” to SaaS Services or “frame” or  “mirror” SaaS Services on any other server,  or wireless or Internet-based device; 

iii) Allow access to the SaaS Services or any  part thereof or use or seek to commercially  exploit any of the foregoing for the benefit of  any Third-Party. 

3.6. Customer alone shall have the responsibility for  the accuracy, quality, integrity, legality,  reliability, appropriateness, and Intellectual  Property ownership or right to use of all  Customer Data. It represents and warrants that the use of Customer Data under this Agreement  will not violate or infringe the rights of any Third Party; the Customer Data, unless expressly  authorized by Company in writing. 

3.7. Customer is responsible for all of Customer’s  activity in connection with Services, including  but not limited to uploading Customer Data onto  SaaS Services. Customer is responsible for the  use of Services by any Authorized User acting  on their behalf. 

3.8. Customer shall be responsible for maintaining  the security of Equipment, accounts and  passwords (including but not limited to  administrative and user passwords) of  Customer and Authorized Users, files, and for  all uses of Customer account used in relation to  Services. 

3.9. Access to Services may also require Customer  to obtain Third-Party Offerings. Third-Party  Offerings are not under Company’s control and  Customer hereby acknowledges that Company  is not responsible or liable for the operation,  content, functions, accuracy, legality,  appropriateness, or any other aspect of such  Third Party Offerings. Any purchase or use of  Third-Party Offerings may be subject to Third Party terms. 

3.10. Customer shall comply with all relevant Third Party terms and terms of Company and shall  indemnify and hold Company harmless from all  damages, costs, settlements, lawyers’ fees and  expenses arising from or related to Customer’s  breach of any Third-Party terms or Company  Terms.

  1. NIORA: INTELLECTUAL PROPERTY – LICENSE 

4.1. Company remains the sole owner of IP Rights  related to its Services, its software and material  (such as but not limited to source codes of  computer programs, interfaces, APIs  documentation, names, logos, data,…). 

4.2. As a principle, Customer is merely entitled to  use Services in accordance with the terms of  Agreement, without acquiring any license to  Company’s IP Rights. However, subject to all  terms of this Agreement (including Terms in the  applicable Order Form) and only with respect to  any software or documentation related to SaaS  Services that is provided to, and for use by  Customer where applicable, Company grants Customer a worldwide, non-exclusive, non transferable, non-sublicensable license to use  SaaS Services during the Term only and for  Customer’s internal purposes. 

4.3. Subject to the foregoing limitations, Customer  may allow access to Services to its Authorized  Users. Customer will not use or make available  Services in a manner that may allow any person  or entity other than its Authorized User to  access or use Services or otherwise permit  unauthorized access to Services. Customer  shall be fully responsible for each Authorized  User’s use of Services. 

4.4. Customer and Authorized Users will not, directly  or indirectly (nor permit or induce), unless expressly authorized by Company in writing, 

i) reverse engineer, decompile, disassemble,  translate or otherwise attempt to discover  the source code, object code or underlying  structure, ideas, know-how, proprietary  information or algorithms relevant to SaaS  Services, except to the extent that such  restriction is prohibited by applicable law and  to the extent that Customer accepts to  respect Company’s Confidential Information.  Prior to an attempt of Customer to reverse  engineer for the purpose of achieving  interoperability, it accepts the obligation to  request in writing Company’s cooperation; 

ii) reproduce, modify, translate, or create  derivative works based on Services or any  underlying ideas, technology, or any portion  thereof (except to the extent expressly  permitted by Company or authorized within  Services); 

iii) download or otherwise receive any copy of  Company’s software, unless agreed with  Company, and is not entitled to access to the source code or any other Company  Intellectual Property. 

iv) access Services to build a similar or  competitive product or service to Company’s  Services; 

v) use Services in a manner that violates Third Party Intellectual Property, contractual or  other proprietary rights; 

vi) use SaaS Services in a manner that gives  Customer access to mass downloads or bulk  feeds of any Data beyond what is readily  enabled and allowed by the SaaS; 

vii)remove or alter any proprietary notices or  labels. 

4.5. Customer can provide ideas, suggestions,  requests, feedback, recommendations all of any  nature to Company regarding Services.  Company is free to use and incorporate such  feedback without payment of royalties or other  consideration to Customer. 

  1. CUSTOMER DATA: OWNERSHIP – INTELLECTUAL PROPERTY – LICENSE– THIRD PARTY RIGHTS 

5.1. Customer shall own and keep owning all right,  title and interest in and to the Customer Data,  including Intellectual Property Rights (where  applicable). 

5.2. Customer Data may contain subject matter that  is protected under IP Rights. Customer  represents and warrants that it has the  necessary rights or licenses for Customer Data  to be processed by Customer and/ or Company  in the context of Services (covering at least  Third-Party rights of IP and image rights). 

5.3. Customer grants to Company a non-exclusive  license to use, copy, store and adapt (for  technical purposes) Customer Data for the  performance of Agreement and for the purpose  of improving Company’s SaaS Services for the  performance of Agreement. 

5.4. Customer provides Company and its  subcontractors all rights necessary to allow  Company and its contractors to process  Customer Data for these Professional Services.  Notwithstanding the foregoing, Company and  its subcontractors will transfer any ownership of processed and generated Customer Data and  related intellectual property rights back to  Customer.

5.5. Unless such access or use is due to Company’s  gross misconduct or negligence, Company is  not responsible to Customer for unauthorized  access to or use of Customer Data or Services  thereon. 

5.6. To the extent that Customer Data contain  personal data, Customer warrants that it will act  as the controller of the processing activities and  shall have the responsibility to comply with the  applicable legislation on the protection of  personal data that apply to Customer Data  which is under Customer’s responsibility to  verify. 

5.7. Company acts as a processor of personal data  and processes personal data in compliance with  the European data protection legislation, in particular Regulation 2016/679 on the  protection of natural persons and on the free  movement of such data (‘GDPR’). Processing of  data by Company on behalf of Customer is  governed by the Data Processing Agreement. 

5.8. Customer has the right to access, free of  charge, all Customer Data and related service  data generated by the use of Company’s  Services. Such data shall be made available  without undue delay, of the same quality as is  available to Company, easily, securely, in a  comprehensive, structured, commonly used  and machine-readable format and, where  relevant and technically feasible, continuously  and in real-time. Company shall ensure that a  high level of security is maintained throughout  any switching process, in particular the security  of data during transfer and continued security of  data during retrieval period, in accordance with  applicable law. 

5.9. Upon Customer’s request, Company shall make  available data to Customer Third-Parties,  without undue delay, free of charge to  Customer, in the same quality and format as  specified in Article 5.8. Company shall not make  the exercise of this right unduly difficult by  offering choices in a non-neutral manner or by  subverting or impairing Customer’s autonomy,  decision-making or choices. 

5.10. Customer Third-Party recipients shall process  data made available only for purposes and  under conditions agreed with Customer.  Customer Third-Party recipients shall erase  data when no longer necessary for the agreed  purpose. 

5.11. Third-Party Prohibitions: The Parties shall  ensure that Third-Party recipients shall not: 

i) make data available to another  

Third-Party without agreement with Customer; 

ii) use data to develop competing products; 

iii) use data in a manner that has adverse impact on security; 

iv) make data available to gatekeeper companies under Regulation (EU) 2022/1925. 

5.12. Customer has the right to switch to a data  processing service offered by a third-party or  port all Customer Data and digital assets to  Customer’s own ICT infrastructure, without  undue delay and not after the mandatory  maximum transitional period of thirty (30)  calendar days, to be initiated after the maximum  notice period. 

5.13. The maximum notice period for initiation of the  switching process shall not exceed two (2)  months. 

5.14. From the Effective Date to 12 January 2027,  Company may impose reduced switching  charges on Customer for the switching process.  The reduced switching charges shall not  exceed the costs incurred by Company that are  directly linked to the switching process  concerned. 

5.15. During the transitional period, Company shall: 

i) provide reasonable assistance to Customer and Customer Third-Parties in the switching process; 

ii) act with due care to maintain business continuity and continue provision of functions or services under the Agreement; 

iii) provide clear information concerning known risks to continuity in provision of functions or services; 

iv) ensure that a high level of security is maintained throughout the switching process. 

5.16. Company may apply appropriate technical  protection measures, including smart contracts and encryption, to prevent unauthorised access to data and metadata,  and to ensure compliance with this Agreement and applicable law. Such technical protection measures shall not discriminate between data recipients or hinder Customer’s right to obtain, retrieve,  use or access data, to provide data to Third-Parties, or any right of a Third-Party  under applicable law. 

5.17. Customer and Customer Third-Parties  and/or data recipients shall not alter or remove such technical protection measures  unless agreed by Company. Customer shall  maintain any technical and organisational  measures agreed with Company to preserve trade secrets and data security. 

5.18. The Parties shall ensure that any  undertaking designated as a gatekeeper  pursuant to Article 3 of Regulation (EU)  

2022/1925 (Digital Markets Act) shall not be  an eligible Third-Party and shall not: (a) solicit or commercially incentivize Customer  to make data available to one of its services; (b) receive data from Customer  obtained pursuant to Data Act requests. 

  1. CONFIDENTIALITY 

6.1. Confidentiality terms are as defined any  applicable NDA as defined in Definitions of this  Agreement. If no NDA has been already  executed then the following Confidentiality  terms apply: 

6.2. Either Party may disclose (“Disclosing Party”)  Confidential Information to the other (“Receiving  Party”). 

6.3. Receiving Party will make its best effort to: 

i) Take reasonable precautions, but in no  instance less precautions than Receiving  Party takes with respect to its own  Confidential Information, to protect such  Confidential Information and to maintain the  security, secrecy, and integrity thereof; 

ii) ensure that its employees, agents,  contractors, or subcontractors who will have  access to Confidential Information or  perform Services has entered into a written  agreement that is expressly for the benefit of  Disclosing Party and protects Disclosing  Party’s rights and interest to at least the  same degree as this Article 6; 

iii) promptly notify the Disclosing Party of any  misuse, misappropriation or unauthorized  disclosure of Confidential Information of Discloser which may come to the Receiving  Party’s attention, 

iv) not use (except in performance of Services  or as otherwise permitted herein) or divulge  to any third person any such Confidential  Information. 

6.4. The Parties are bound by the confidentiality  obligations for the Term of the Agreement and  for five (5) years after its expiry or termination. 

6.5. The foregoing shall not apply with respect to any  information that is required to be disclosed by  court order or otherwise required by law,  provided, however, that Receiving Party  provides prompt written notice to the Disclosing  Party and makes a reasonable effort to obtain a  protective order to prevent any such required Proprietary Information from being disclosed  and, in the event that such protective order is  not received, is used only for the purposes for  which the order was issued, and only to the  extent required. 

6.6. Each Party acknowledges that in the event of  any breach or threatened breach of this Article  by either Party, the other Party may suffer harm  and not possess an adequate remedy at law.  Accordingly, each Party shall have the right to  seek injunctive or other equitable relief to  restrain such breach or threatened breach. 

  1. PRICES AND PAYMENT OF FEES 

7.1. Customer agrees to pay for the use of Services  of Company, in accordance with the rates that  will be agreed between Parties in the Order  Form. 

7.2. SaaS Services Fees and Professional Services  Fees are adjusted yearly with reference to  changes in the relevant price index. Monthly  prices are not adjusted negatively in relation to  the foregoing year. 

7.3. Customer will pay Company the applicable  Fees in accordance with the dates and billing frequency stated in any applicable Order Form. Customer agrees to pay Fees without any right  of set-off or deduction. 

7.4. Unless otherwise agreed in the applicable  Order Form, billing is made as follows: 

i) SaaS Services Fees: On a yearly basis in  advance, including payment for Professional  Services that is included in the Order Form.

ii) Professional Services not included in the Order Form: On a monthly basis in arrears. 

7.5. Unless otherwise agreed in the applicable  Order Form, full payment for invoices issued  must be received by the Company thirty (30)  days after the mailing date of the invoice.  Invoices will contain sufficient and accurate  references to the SaaS Services and  Professional Services for which the Fees are  applicable so that the Fees can pragmatically  be verified by any Party. 

7.6. If Customer believes that Company has billed  Customer incorrectly, Customer must contact  Company no later than thirty (30) days after  issuing of the relevant invoice in which the error  or problem appeared, to receive an adjustment  or credit. Inquiries should be directed to Company’s customer support department. 

7.7. Unpaid amounts are subject to a charge of 1%  per month on any outstanding balance, or the  maximum permitted by law, whichever is lower,  plus all expenses of collection, and may result  in immediate termination of Service. 

7.8. Customer shall be responsible for all taxes  associated with Services other than taxes  based on Company’s net income. 

7.9. Except where stated otherwise, all Fees paid to  Company are non-refundable. 

7.10. In the event that Customer terminates this  Agreement prior to the expiry of the agreed  Term, other than for cause pursuant to Article  10.5 (material breach by Company), Customer  shall pay to Company an early termination fee  (“Break Fee“). 

7.11. The Break Fee shall be equal to the total Fees  that would have been payable by Customer for  the remainder of the Term, calculated on a pro  rata monthly basis from the effective date of  termination until the scheduled expiry date of  the Term. 

7.12. The Parties acknowledge and agree that the  Break Fee represents a genuine pre-estimate of  the losses that Company will incur in the event  of early termination, and does not constitute a  penalty. 

  1. LIABILITY AND LIMITATION OF LIABILITY 

8.1. Company commits to an obligation to use all  commercially reasonable efforts to provide  Services in accordance with Agreement. 

8.2. Notwithstanding anything to the contrary,  neither Party shall be responsible or liable for  any indirect, incidental, special, consequential  or exemplary damages including but not limited  to damages for loss of revenue, profits,  goodwill, use, data or other intangible loss, loss  of profits, damage to reputation, resulting from  the use or inability to use SaaS or the  performance of Services. 

8.3. In any case, the Company’s global, cumulative  liability be limited, to the extent permitted by law,  to an amount equal to Fees paid under this  Agreement during the period of twelve (12)  months preceding the event giving rise to the  liability claim. To the extent permitted by law, all  liability for the Company is excluded in relation  to non-paying Customers. 

8.4. Company shall not be responsible or liable with  respect to any subject matter of Agreement  related thereto: 

i) For error or interruption of use or for loss or  inaccuracy or corruption of data or cost of  procurement of substitute goods, services or  technology or loss of business or profits; 

ii) For any damages resulting from a use of a  solution that is contrary to Company’s  instructions; 

iii) For any matter beyond Company’s  reasonable control or Force Majeure; or 

iv) For any amounts that, together with amounts  associated with all other claims, exceed  Fees paid by Customer to Company for  Services under this Agreement in the twelve  (12) months prior to the act that gave rise to  the liability, in each case, whether or not Company has been advised of damage  possibilities. 

8.5. The limitations or exclusions of liability are not  applicable to either Party’s liability for fraud,  willful misconduct, breach of confidentiality  obligations in this Agreement, or bodily injury of  a person caused by either Party’s gross  negligence or any other loss for which either  Party cannot lawfully exclude its liability. 

  1. WARRANTY AND DISCLAIMER 

9.1. Company shall use commercially reasonable  efforts consistent with prevailing industry  standards to maintain Services in a manner  which minimizes errors and interruptions in  SaaS Services. SaaS Services may be  temporarily unavailable for scheduled  maintenance or for unscheduled emergency maintenance, either by Company or by Third Party providers, or because of other causes  beyond Company’s reasonable control.  Company shall use reasonable efforts to  provide advance notice in writing or by e-mail of  any scheduled service disruption. 

9.2. However, Company does not warrant that SaaS  Services will be uninterrupted or error free, nor  does it make any warranty as to the results that  may be obtained from use of SaaS Services or  that it will meet Customer’s requirements, goals  or needs. Services are provided “as is” and “as  available” and Company disclaims all  warranties, express or implied, including, but  not limited to, implied warranties of title, noninfringement, merchantability and fitness for  a particular purpose, and any warranties implied  by any course of performance, usage of trade,  or course of dealing, all of which are expressly  disclaimed. 

9.3. Neither Party shall be liable to the other for any  delay or failure to perform any obligation under  this Agreement (except for a failure to pay Fees)  if the delay or failure is due to events beyond  the reasonable control of such Party, including,  acts of God, fire, flood, hurricane or other  natural catastrophe, terrorist actions, war, labor  strike, action of governmental authorities, or  failure or diminishment of power, telecommunications, Internet or data networks  or services (each a “Force Majeure Event”). 

9.4. Customer acknowledges and agrees that  Company is not responsible for: 

i) The accuracy, reliability, timeliness or  completeness of Customer Data or any other  data or information accessed or provided  through Services, 

ii) The results that may be obtained from use of  the SaaS Services and Professional  Services, or 

iii) The functioning of Services, where they are  used in combination with Third-Party  services at the request of Customer or with  services added by Customer. 

  1. TERM 

10.1. The initial Term is as specified in any applicable  Order Form and shall be automatically renewed  for additional periods of one (1) year (collectively, the “Term”), unless defined  differently in any applicable Order Form or if  either Party requests not to extend Order Form  at least thirty (30) days prior to the end of the then-current term, provided that for switching to a Third-Party data processing service or if  Customer otherwise would like to terminate the  Agreement, the maximum notice period shall  not exceed two (2) months as specified in Article  5.13

10.2. Company may make changes to Agreement  and Services. Unless otherwise stated,  changes to Agreement will be effective  immediately with at least thirty (30) days’  advance notice to Customer via either e-mail or Platform for material adverse changes. If  proposed changes to Services or terms of  Agreement are materially and negatively  affecting Services to Customer, Customer may  stop using Services and terminate Agreement  immediately without compensation or indemnity  by providing notice in writing, with all other  termination rights withstanding. 

10.3. If the Customer is in default of paying Fees to  Company, Company will issue a written  reminder to pay, and should the payment not be  made within ten (10) days of this notice,  Company has the right to suspend access to Services until the payment has been made.  Notwithstanding any other Article of Agreement,  access will be immediately reinstated upon full  payment of overdue Fees, including any  charges according to Article 7.7. 

10.4. Company has obligation by law to report any  violation of local or international laws during the  use of its Services or Platform associated with  data processing (and in particular relating to  Article 5.2). In case of a violation of local or  international law, Company is entitled to  immediately suspend or terminate Agreement. 

10.5. Without limiting the foregoing, either Party may  also terminate this Agreement, without prior  court order, if the other Party materially  breaches any of the terms of this Agreement  and if the other Party fails to resolve the  breaches within thirty (30) days’ notice (or  without notice in the case of non-payment). 

10.6. Customer will pay in full for Services up to and  including the last day on which Services are  provided. Upon any termination, the rights and  licenses granted to Customer hereunder and  under any associated Order Forms shall  terminate. 

10.7. Upon termination of Agreement, Company will  make all Customer Data available to Customer  for electronic retrieval for a period of sixty (60)  days, or for the duration required to complete  any switching process initiated under Article  5.9, whichever is longer. This period includes a minimum period for data retrieval of at least  thirty (30) calendar days, starting after  termination of the transitional period. Company  guarantees full erasure of all exportable data  and digital assets after expiry of the retrieval  period. After this period, if Customer wishes that  Company makes the Customer Data available  for a longer period, the Parties will agree on a  daily rate for the support. 

10.8. Upon termination Receiving Party shall delete  all Confidential Information disclosed by  Disclosing Party. Company reserves the right to  keep Confidential Information for the sole  purpose of improving its Services and executing  its Business. Company warrants that it will take  appropriate and necessary measures to prevent  the disclosure or any use of identifiable  Confidential Information belonging to Customer. 

10.9. All Articles of this Agreement which by their  nature should survive termination will survive  termination in full force and effect, including,  without limitation, accrued rights to payment,  confidentiality obligations, warranty disclaimers,  and limitations of liability. 

  1. MISCELLANEOUS 

11.1. If any provision of Agreement is found to be  unenforceable or invalid, that provision will be  limited or eliminated to the minimum extent  necessary so that Agreement otherwise  remains in full force and effect and enforceable. 

11.2. The Agreement is not assignable, transferable  or sublicensable by the Customer except with  Company’s prior written consent. Company  may transfer and assign any of its rights and  obligations under Agreement without consent. 

11.3. Any notice required or permitted to be given  under this Agreement shall be in writing and  shall be deemed to have been duly given if sent  by email to the email address specified in the  Order Form, by registered mail, or by courier. 

11.4. This Agreement is the complete and exclusive  statement of the mutual understanding of the  parties. It supersedes and cancels all previous  written and oral agreements, communications  and other understandings relating to the subject  matter of Agreement. All waivers and modifications of any rights, powers or remedies  must be in writing signed by both Parties, except  as otherwise provided herein, which in any case  cannot be a consequence of any failure or delay  by any Party in exercising any right, power or remedy under Agreement. 

11.5. Company’s relationship with Customer is that of  an independent provider. No agency,  partnership, joint venture, or employment is  created as a result of Agreement and Customer  does not have any authority of any kind to bind  Company in any respect whatsoever. In any  action or proceeding to enforce rights under Agreement, the prevailing Party will be entitled  to recover costs and attorneys’ fees. Neither Party is authorized to make any representation,  contract or commitment on behalf of the other  Party. 

11.6. Services are controlled by Company from its  offices in Sweden. Company does not make  any representation that Services are  appropriate for use in other jurisdictions.  Customer’s use of or access to Services will not be construed as Company’s purposefully  benefiting from doing business in any other  jurisdiction other than Sweden. 

11.7. This Agreement shall be governed by and  construed in accordance with the laws of  Sweden, without regard to its conflict of law  principles. 

11.8. Disputes regarding the interpretation or  application of this Agreement shall be resolved  as follows: Disputes concerning an amount  under 2,000,000 SEK shall be settled by the  general courts with the Stockholm District Court  as the court of first instance. Disputes  concerning an amount over 2,000,000 SEK  shall be resolved through arbitration. In such  proceedings, the Rules for Simplified Arbitration  of the Stockholm Chamber of Commerce  Arbitration Institute shall apply. Unless the  parties have agreed otherwise, the arbitration  shall take place in Stockholm. 

11.9. Unless executed otherwise by Company, all  invoices and notices under Agreement will by  default be communicated via e-mail.