Terms of Service
This statement was last updated on 1st of December 2024.
Company Information:
Name: InnoArt
Address: Agora Business Centre, Level 2, Triq IL-Wied Ta' L-Imsida, Msida, MSD 9020, Malta
Registration Number: C110093
1. Acceptance of Terms
By engaging InnoArt’s consulting services, visiting our website, or otherwise interacting with us, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service (“Terms”). If you do not agree to these Terms, you must refrain from using our services.
2. Scope of Services
InnoArt provides professional consulting services, including but not limited to go-to-market strategy, product strategy, product management, business development, fundraising, and M&A advisory. The exact nature of the services will be specified in a separate written agreement (e.g., a Statement of Work or Consulting Agreement) between InnoArt and you (the “Client”).
3. Independent Contractor Status
InnoArt acts solely as an independent contractor. Neither InnoArt nor its employees, agents, or subcontractors shall be considered an employee, agent, or representative of the Client for any purpose. InnoArt does not guarantee any specific results from its services.
4. Client Responsibilities
The Client agrees to provide InnoArt with timely access to information, resources, and materials necessary for InnoArt to deliver the services effectively. The Client is responsible for the accuracy, completeness, and legality of all information and content provided to InnoArt.
5. Fees and Payment
All fees, payment terms, and expenses will be set forth in a separate agreement. Unless otherwise stated, the Client shall pay invoiced amounts within thirty (30) days of receipt. Late payments may incur interest at the maximum rate permitted by applicable law.
6. Confidentiality
Each party agrees to maintain the confidentiality of all non-public, proprietary, and confidential information (“Confidential Information”) obtained from the other party. Confidential Information may only be used for the purpose of performing or receiving the services and shall not be disclosed to any third party without the express written consent of the disclosing party, except as required by law.
7. Intellectual Property
Unless otherwise agreed in writing, all intellectual property, methodologies, know-how, and materials developed or provided by InnoArt during the course of the engagement remain the exclusive property of InnoArt. InnoArt grants the Client a non-exclusive, non-transferable license to use any deliverables produced under the engagement solely for the Client’s internal business purposes.
8. Warranties and Disclaimers
No Warranty of Results: InnoArt makes no guarantees concerning the outcome or success of its services. The services are provided “as is” without warranties of any kind, whether express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, or non-infringement.
Client Reliance: Any decisions or actions taken by the Client as a result of InnoArt’s services are the sole responsibility of the Client.
9. Limitation of Liability
To the fullest extent permitted by law, InnoArt’s total liability arising out of or in connection with the services shall not exceed the amount of fees paid by the Client to InnoArt for the specific engagement giving rise to the claim. InnoArt shall not be liable for any indirect, consequential, special, incidental, or punitive damages, including loss of profits, revenue, or data.
10. Termination
Either party may terminate the services in accordance with the termination provisions stated in the applicable agreement. Upon termination, the Client shall promptly pay all outstanding fees and expenses due for services rendered up to the date of termination.
11. Compliance with Laws
Both parties agree to comply with all applicable laws and regulations in connection with the services provided and received.
12. Governing Law and Jurisdiction
These Terms and any dispute or claim arising out of or in connection with them (including non-contractual disputes or claims) shall be governed by and construed in accordance with the laws of Malta. The parties agree to the exclusive jurisdiction of the courts of Malta to settle any dispute arising out of or related to these Terms.
13. Force Majeure
InnoArt shall not be liable for any failure or delay in performance caused by circumstances beyond its reasonable control, including acts of God, natural disasters, war, civil disturbance, or governmental actions.
14. Severability
If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
15. Entire Agreement
These Terms, together with any separate agreement, statement of work, or other written document referencing these Terms, constitute the entire agreement between the parties with respect to the subject matter and supersede all prior and contemporaneous understandings, representations, and agreements.
For further questions or clarifications regarding these Terms, please contact us at office@innoart.ai.