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TERMS AND CONDITIONS
1. Service.
Under the terms below, FreeRun Technologies Inc. (FTI) will provide the services
specified overleaf to Client. Client’s WWW pages/files may or may not
be housed on FTI equipment. Under this agreement, FTI has no responsibility
for the design or maintenance of Client’s web pages. FTI web site updates
can affect linking locations. Linking locations are subject to change without
notice.
2. Warranty.
Client warrants that the use and distribution of the content of Client’s
web pages will not infringe or violate any third party's copyright or other
intellectual property rights, rights of privacy, or other legal rights, or
any applicable governmental regulations or Internet guidelines or protocols.
Client will defend, indemnify, and hold harmless FTI for any breach of such
warranty.
3. Payment.
Client will pay all fees as specified in this Agreement. Payments can be made
monthly or prepaid for the initial 12 months of this Agreement after which
payments will be due on a monthly basis. Should the client pre-pay for the
initial 12-month period, a 10% discount will apply to the monthly payments
only. FTI reserves the right to increase prices by giving not less than 60
days notice to Client. Payment must be made in the form of a check drawn
on a US Bank or by VISA, MasterCard, Diners Club/Carte Blanche or JCB credit
card. Service will be established upon receipt of signed contract and the
appropriate payment. If a marketing partner/ return link rate is agreed upon
and Client removes the link to FTI’s URL, the monthly fees to Client
will be automatically increased by 50% payable immediately.
4. Taxes.
Client will be responsible for, and will pay, any and all taxes in connection
with the payments made to FTI under this Agreement, except for taxes on FTI’s
net income.
5. Insufficient Funds
There will be a $25.00 service fee to re-process a returned check or denied
credit card payment.
6. Late Payments.
If any monthly payment is not received by the due date Client will be charged
a late fee penalty of 2.0% of the overdue amount for each month, or part
thereof, that the payment is late (or, if lower, the maximum amount permitted
by law). If any payment is more than 15 days overdue, FTI will be entitled
(but not obliged) to remove all links to Client’s site from the FTI
website until full payment of all outstanding amounts is received and may,
at its option, cancel this Agreement. Re-linking will be at the absolute
discretion of FTI and a re-linking fee of an amount from time to time specified
by FTI will apply. The current re-linking fee is $350.00 per link.
7. Term and Cancellation.
Subject to these terms and conditions, this Agreement will begin on the date
specified overleaf and will terminate upon cancellation in accordance with
this Agreement. Either party may terminate this agreement by giving not less
than 60 days written notice of cancellation to the other party. Either party
may cancel this Agreement without notice in the event of insolvency or bankruptcy
of the other party or in the event of any material breach or non-performance
of this Agreement by the other party. There will be no refund of any prepaid
charges if Client cancels for any reason.
8. Limitations of Liability.
CLIENT HEREBY CONFIRMS THAT IT IS NOT ENTERING INTO THIS AGREEMENT IN RELIANCE
UPON ANY EXPRESS OR IMPLIED PROMISE, REPRESENTATION, WARRANTY, UNDERTAKING
OR OBLIGATION OF FTI NOT OTHERWISE SPECIFIED HEREIN. IN NO EVENT WILL FTI BE
LIABLE TO CLIENT FOR ANY SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES, WHETHER
BASED ON BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE), PRODUCT LIABILITY,
OR OTHERWISE, AND WHETHER OR NOT FTI HAS BEEN ADVISED OF THE POSSIBILITY OF
SUCH DAMAGE. FTI'S TOTAL LIABILITY TO CLIENT IN RESPECT OF ANY BREACH OF THIS
AGREEMENT WILL BE LIMITED TO THE PAYMENTS RECEIVED FROM CLIENT UNDER THIS AGREEMENT.
9. Force Majeure.
FTI will not be liable for, and will not be considered to be in breach of or
in default under this Agreement on account of, any delay, failure or inability
to perform as required by this Agreement as a result of any causes or conditions
which are beyond its reasonable control, including, without limitation, acts
of God, acts of war, earthquake, flood, embargo, riot, sabotage, labor shortage
or dispute, government act, failure of the Internet or loss of power for
any period. If such an event occurs, FTI will give notice thereof to Client
and will use commercially reasonable efforts to minimize the impact of such
event.
10. General.
This Agreement will be governed by the laws of the State of California, constitutes
the complete and exclusive agreement of the parties regarding its subject
matter, and supersedes all prior understandings and agreements, whether written
or oral. Any waiver or modification of any provision of this Letter Agreement
will be effective only if signed by the parties.
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