Terms of Service
Last Updated: October 24, 2023
1Introduction
Welcome to GLAUSCO. Please read these Terms of Service carefully before using our services. By accessing or using our services, you agree to be bound by these terms.
These Terms of Service ("Terms") constitute a legally binding agreement between you and GLAUSCO ("we", "us", or "our") governing your access to and use of the GLAUSCO website, software development services, and any related applications (collectively, the "Services").
Important Notice
These terms contain a binding arbitration provision and class action waiver that may affect your legal rights.
2Definitions
Refers to any individual or entity that purchases Services from GLAUSCO.
Means all software, code, documentation, and other materials developed by GLAUSCO for the Client.
Refers to the specific scope of work agreed upon in a Statement of Work (SOW) or similar contract.
3Scope of Services
GLAUSCO agrees to perform the services described in the specific Statement of Work ("SOW") or order form executed by both parties. Any changes to the scope of work must be agreed upon in writing through a Change Order.
We employ industry-standard methodologies including Agile and Scrum where appropriate. While we strive to meet all deadlines, timelines are estimates and subject to the timely provision of necessary assets and feedback from the Client.
4Payment Terms
Fees for Services will be set forth in the applicable SOW. Unless otherwise stated:
- Invoices are issued bi-weekly or upon milestone completion.
- Payment is due within 15 days of the invoice date.
- Late payments shall accrue interest at a rate of 1.5% per month.
- All fees are exclusive of applicable taxes, which are the responsibility of the Client.
5Intellectual Property
Upon full payment of all fees, GLAUSCO assigns to Client all right, title, and interest in the custom Deliverables created specifically for the Client.
GLAUSCO retains ownership of its pre-existing background technology, libraries, tools, and generic code components ("Background IP"). We grant the Client a perpetual, non-exclusive, royalty-free license to use such Background IP as incorporated into the Deliverables.
6Termination
Either party may terminate the agreement for cause if the other party materially breaches these Terms and fails to cure such breach within 30 days of written notice.
Upon termination, the Client shall pay GLAUSCO for all Services performed and expenses incurred up to the effective date of termination.
7Limitation of Liability
Legal Disclaimer
TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT SHALL GLAUSCO BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS OR REVENUES.
OUR AGGREGATE LIABILITY ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICES SHALL NOT EXCEED THE TOTAL AMOUNT PAID BY CLIENT TO GLAUSCO IN THE SIX (6) MONTHS PRECEDING THE CLAIM.
8Contact Us
If you have any questions about these Terms, please contact us at: