THE PRODUCT (SAAS)
TrueReach AI will develop and deploy AI-powered software-as-a-service (SaaS) product(s) for the Customer in accordance with the SaaS Services Agreement.
The product(s), along with the any services mentioned in the Agreement, shall be made available to the Customer as per the terms of the Agreement. The product will also include regular updates and improvements, which will be provided to the Customer throughout the duration of this Agreement.
Subject to the terms of the Agreement, Company will use commercially reasonable efforts to provide Customer the Services in accordance with the Terms of Service available here.
RESTRICTIONS AND RESPONSIBILITIES
Customer will not, directly or indirectly: reverse engineer, decompile, disassemble or otherwise attempt to discover the source code, object code or underlying structure, ideas, know-how or algorithms relevant to the Services or any software, documentation or data related to the Services (“Software”); modify, translate, or create derivative works based on the Services or any Software (except to the extent expressly permitted by Company or authorized within the Services); use the Services or any Software for timesharing or service bureau purposes or otherwise for the benefit of a third; or remove any proprietary notices or labels. With respect to any Software that is distributed or provided to Customer for use on Customer premises or devices, Company hereby grants Customer a non-exclusive, non-transferable, non-sublicensable license to use such Software during the Term only in connection with the Services. Customer represents, covenants, and warrants that Customer will use the Services only in compliance with Company’s standard published policies then in effect (the “Policy”) and all applicable laws and regulations. Customer hereby agrees to indemnify and hold harmless Company against any damages, losses, liabilities, settlements and expenses (including without limitation costs and attorneys’ fees) in connection with any claim or action that arises from an alleged violation of the foregoing or otherwise from Customer’s use of Services. Although Company has no obligation to monitor Customer’s use of the Services, Company may do so and may prohibit any use of the Services it believes may be (or alleged to be) in violation of the foregoing. Customer is responsible for identifying and authenticating all users, for approving access by such users to the services, for controlling against unauthorized access by users, and for maintaining the confidentiality of credentials and account information. Customer shall be responsible for all activities that occur under every usernames, passwords or accounts or as a result of users’ access to the Services and agree to notify Company immediately of any unauthorized use. Customer agrees to make every reasonable effort to prevent unauthorized third parties from accessing the Services or Products. Customer shall be responsible for obtaining and maintaining any equipment and ancillary services needed to connect to, access or otherwise use the Services, including, without limitation, modems, hardware, servers, software, operating systems, networking, web servers and the like (collectively, “Equipment”). Customer shall also be responsible for maintaining the security of the Equipment, Customer account, passwords (including but not limited to administrative and user passwords) and files, and for all uses of Customer account or the Equipment with or without Customer’s knowledge or consent.
DATA PROTECTION AND PRIVACY
In the course of providing the Services, Company may process personal data on behalf of the Customer. Company shall:
(i) process such data solely for the provision of the Services and not for any other purpose, unless such other processing is expressly authorized in writing by the Customer
(ii) not share, transfer, disclose or otherwise provide access to such data to any third party, unless such action is expressly authorized in writing by the Customer
(iii) implement and maintain appropriate technical and organizational measures to protect such data against unauthorized or unlawful processing and against accidental loss, destruction, damage, alteration or disclosure
(iv) notify the Customer without undue delay upon becoming aware of any actual or suspected breach of security leading to the accidental or unlawful destruction, loss, alteration, unauthorized disclosure of, or access to, such data; and
(v) ensure that its personnel engaged in the processing of such data are informed of the confidential nature of the data and are subject to an obligation of confidentiality. The
Customer shall retain ownership rights over all data provided by the Customer in the course of utilizing the Services. Company acknowledges and agrees that it does not own, and shall not claim any rights over, such data. Notwithstanding anything to the contrary, Company shall have the right collect and analyze data and other information relating to the provision, use and performance of various aspects of the Services and related systems and technologies (including, without limitation, information concerning Customer Data and data derived therefrom), and Company will be free (during and after the term hereof) to
(i) use such information and data to improve and enhance the Services and for other development, diagnostic and corrective purposes in connection with the Services and other Company offerings, and
(ii) disclose such data solely in aggregate or other de-identified form in connection with its business. No rights or licenses are granted except as expressly set forth herein
CONFIDENTIALITY; PROPRIETARY RIGHTS
Each party (the “Receiving Party”) understands that the other party (the “Disclosing Party”) has disclosed or may disclose business, technical or financial information relating to the Disclosing Party’s business (hereinafter referred to as “Proprietary Information” of the Disclosing Party). Proprietary Information of Company includes non-public information regarding features, functionality and performance of the Service. Proprietary Information of Customer includes non-public data provided by Customer to Company to enable the provision of the Services (“Customer Data”). The Receiving Party agrees: (i) to take reasonable precautions to protect such Proprietary Information, and (ii) not to use (except in performance of the Services or as otherwise permitted herein) or divulge to any third person any such Proprietary Information. The Disclosing Party agrees that the foregoing shall not apply with respect to any information after five (5) years following the disclosure thereof or any information that the Receiving Party can document (a) is or becomes generally available to the public, or (b) was in its possession or known by it prior to receipt from the Disclosing Party, or (c) was rightfully disclosed to it without restriction by a third party, or (d) was independently developed without use of any Proprietary Information of the Disclosing Party or (e) is required to be disclosed by law.
Customer shall own all right, title and interest in and to the Customer Data, as well as any data that is based on or derived from the Customer Data and provided to Customer as part of the Services. Company shall own and retain all right, title and interest in and to (a) the Services and Software, all improvements, enhancements or modifications thereto, (b) any software, applications, inventions or other technology developed in connection with Implementation Services or support, and (c) all intellectual property rights related to any of the foregoing.
INR Billing and Currency Conversion (if applicable)
In case the pricing under this agreement is fixed in United States Dollars (USD) but billing is in Indian Rupees (INR), the conversion from USD to INR will be based on the average of the buying and selling rates over the last 7 days as published by the State Bank of India (SBI) on the billing date. To calculate this average rate, the buying and selling rates for each of the last seven days will be added together and then divided by 14. This average rate will be applied to the USD amount to calculate the billing amount in INR. By agreeing to these terms, the parties acknowledge and accept the potential fluctuations in currency exchange rates and agree that the use of this average conversion rate provides a fair and reasonable estimate of the value.
Business Continuity Plan (BCP) & Disaster Recovery Plan
This Agreement sets forth the Business Continuity & Disaster Recovery Plan, designed to ensure the continuation of service and minimize disruption in the event of a significant business disruption (SBD).
1. Service Continuity: Given that the Company does not store any data and solely provides analytical services, our primary focus is on maintaining the continuity of these services. In the event of an SBD, our objective is to ensure the rapid restoration of these services to minimize disruption for our customers.
2. System Redundancy: The Company has established system redundancies to ensure the continuous operation of our services. This includes mirrored servers to guarantee uninterrupted service even in the event of primary system failures.
3. Recovery Strategies: In the event of an SBD, the Company will implement recovery strategies to restore normal business operations as quickly as possible. This includes utilizing backup systems, relocating to an alternative operating sites if necessary, or implementing manual workarounds.
Communication: In the event of an SBD, the Company will ensure effective communication with the Customer. We will provide regular updates on the situation and our recovery progress.