Service agreement

This service agreement (the “agreement”) is an agreement between Peterio UAB (“Peterio” or “provider”) with address at Pilsoto 12, 92358, Normantai, Lithuania, and you or the entity you represent (“Client”).

This agreement takes effect when you access or use the service and or Data (the “Effective Date”). If you are using the service on behalf of an entity, you represent to us that you are lawfully able to enter into this agreement on behalf of the client.

1. Scope of Service

1.1. Peterio reads via its own software all electronic media, to collect and deliver publicly available data (the “Data”) to its clients, subject to the terms in this agreement.

1.2. During the term of this Agreement Peterio grants the Client a limited license (with no right to sublicense) to access and use the system and collected data solely for the purpose of Client’s internal business operations. The granted license is non-exclusive, non-assignable, non-transferable and revocable.

1.3. Peterio reserves any and all rights not expressly granted in this agreement, including, without limitation, any and all rights to the System and/or Service.

1.4. Peterio will not provide the service or Data where such provision may infringe or violate any applicable laws or regulations or any other third party rights.

1.5. The client declares that all requested data collections include only legal data and information sources.

2. Disclaimer of Warranties

Peterio is providing the data as is. Basis and it expressly disclaims any and all representations and warranties, whether express or implied to condition, value or quantity of the data, including, without limitation, any warranties of merchantability suitability or fitness for a particular purpose.

Peterio further disclaims any representations or warranties that the delivery of data will be continuous, uninterrupted or error free, or that any information contained therein will be accurate or complete.

3. Warranties and Representations by the Client

The Client warrants, represents and covenants that it shall:

3.1. Not use the data and or services in violation of applicable law or regulations or any third party rights (including intellectual property rights), or for governmental uses. Not use the System in any manner or for any purpose other than as stated in the intended use case provided to Peterio.

3.2. To the extent that the use of the request for collecting data will contain any personal information.

3.3. The Client will be solely responsible for any actions it performs based on the use of the Data.

3.4. The Client is responsible for protecting its personal username and/or password to the download data system. The Client may not share its account privileges with anyone or knowingly permit any unauthorized access to the System. The accounts of those involved will be disabled if sharing is detected.

4. Consideration

4.1. Prices are net of any withholding or other taxes and the Client shall be responsible for payment of all such applicable taxes, levies, or duties.

4.2. Client consents to receive electronic invoices and receipts from Peterio.

5. Limitation of Liability

In no event will Peterio UAB be liable under this agreement for any consequential, special, indirect or punitive damages or for any loss, profits or revenue or any other legal theory related to the clients use of the data.

6. Temporary Suspension

Peterio in its sole discretion and at any time, may suspend Client’s right to access the data immediately upon notice to Client if Peterio determines that:

Client is in breach of this Agreement, including if Client is delinquent on payment obligations.

Client has violated any of its representation and warranties under this Agreement or any other representation and warranties provided.

7. Disclosure of Information

Peterio may share the Client’s relevant information with any authority in case of a complaint or a lawsuit, if it is determined that it is necessary to comply with law, regulation, subpoena or court order.

8. Term and Termination

8.1. This Agreement commences on the Effective Date and shall continue until terminated in accordance with the terms of this Agreement.

8.2. Unless agreed otherwise in a separate schedule or statement of work, either party shall have the right to terminate this Agreement immediately at any time by providing the other party an advance written notice until the end of that calendar month. The agreement will terminate at the end of the calendar month at which the written notice was received, without the party incurring any liability towards the other party by virtue of such termination.

8.3. Peterio is entitled to terminate this Agreement immediately for “cause” by written notice to the Client if the client is in breach of any representation or warranty found in this Agreement or any other representation and warranties provided to Peterio. The Client will not engage in any action or activity that places Peterio at risk under any applicable laws or regulations. Peterio shall not be liable to the Client or any third party for the termination of this Agreement.

8.4. Upon termination, any outstanding consideration amounts shall immediately become due and payable (including without limitation, for Data collected).

9. Miscellaneous

9.1. This Agreement constitutes the entire understanding between the parties with respect to the matters referred to herein.

9.2. All notices or other communications hereunder shall be given by email to the email address provided by the parties as part of the registration.

9.3. This Agreement shall be governed by the laws of Lithuania.

9.4. If any provision of this Agreement is held by a court of competent jurisdiction to be contrary to any law, the remaining provisions will remain in full force and effect as if said provision never existed.

9.5. No failure or delay on the part of any party hereto in exercising any right, power or remedy hereunder shall operate as a waiver thereof.

9.6. Peterio may, at any time, and at its sole discretion, modify this Agreement, with or without notice to the Client. Any such modification will be effective immediately upon public posting. Client’s continued use of the Systems and Service following any such modification constitutes acceptance of the modified Agreement.