MASTER SERVICE AGREEMENT
This Master Service Agreement governs your acquisition and use of Portqii services. Please read these terms carefully as they constitute a legally binding agreement.
IMPORTANT: By executing an Order Form that references this Agreement, or by using our Services, you agree to the terms of this Agreement. If you are accepting this Agreement on behalf of a company or other legal entity, you represent that you have the authority to bind such entity.
Agreement Effective Date: 03 May 2019
Last Updated: 12 Jan 2025
1. DEFINITIONS
The following terms have the meanings set forth below:
- "Affiliate" means any entity that directly or indirectly controls, is controlled by, or is under common control with the subject entity.
- "Agreement" means this Master Service Agreement.
- "Customer" means the entity that has entered into this Agreement with Portqii.
- "Customer Data" means electronic data and information submitted by or for Customer to the Services.
- "Documentation" means the applicable Service's usage guides available at the designated documentation portal.
- "Order Form" means an ordering document that specifies the Services to be provided and is entered into between Customer and Portqii.
- "Services" means the products and services that are ordered by Customer under an Order Form and made available online by Portqii.
- "Users" means individuals who are authorized by Customer to use a Service.
2. SERVICES
- Provision of Services. Subject to the terms of this Agreement, Portqii will provide the Services as specified in the applicable Order Form during the subscription term.
- Service Availability. Portqii will use commercially reasonable efforts to make the Services available 24 hours a day, 7 days a week, except for planned downtime.
- Support Services. Portqii will provide technical support for the Services as described in the applicable Service Level Agreement or support documentation.
- Service Modifications. Portqii may modify the Services from time to time, provided that such modifications do not materially reduce the functionality of the Services.
3. CUSTOMER RESPONSIBILITIES
- Authorized Use. Customer will use the Services only for its internal business purposes and in accordance with this Agreement and applicable law.
- User Management. Customer is responsible for Users' compliance with this Agreement and will promptly notify Portqii of any unauthorized use.
- Data Accuracy. Customer is responsible for the accuracy, quality, and legality of Customer Data and the means by which Customer acquired Customer Data.
- Security. Customer will use reasonable security measures to prevent unauthorized access to or use of the Services.
4. PAYMENT TERMS
Payment Schedule: All fees are due and payable in advance according to the billing schedule specified in the Order Form.
- Fees. Customer will pay all fees specified in the Order Form. Except as otherwise specified, fees are based on Services purchased and not actual usage.
- Payment Terms. Payment obligations are non-cancelable and fees paid are non-refundable except as expressly stated in this Agreement.
- Late Payments. If any fees are not received by the due date, Portqii may charge interest at 1.5% per month or the maximum rate permitted by law.
- Taxes. Customer is responsible for all taxes, duties, and other governmental charges except for taxes based on Portqii's net income.
5. INTELLECTUAL PROPERTY
- Portqii IP. Portqii retains all right, title, and interest in and to the Services and all related intellectual property rights.
- Customer Data. As between the parties, Customer retains all right, title, and interest in and to Customer Data.
- License Grant. Subject to the terms of this Agreement, Portqii grants Customer a non-exclusive, non-transferable right to access and use the Services during the subscription term.
- Feedback. Customer may provide suggestions or feedback about the Services. Portqii may use such feedback without restriction or obligation to Customer.
6. CONFIDENTIALITY
- Definition. "Confidential Information" means information disclosed by one party to the other that is marked as confidential or would normally be considered confidential under the circumstances.
- Protection. Each party will protect the other party's Confidential Information using the same degree of care it uses to protect its own confidential information, but no less than reasonable care.
- Exceptions. Confidential Information does not include information that is publicly available, independently developed, or rightfully received from a third party.
- Duration. The obligations in this section will survive termination of this Agreement for a period of five (5) years.
7. WARRANTIES AND DISCLAIMERS
LIMITED WARRANTY: Portqii warrants that the Services will perform substantially in accordance with the Documentation. This warranty is subject to Customer's compliance with this Agreement.
- Mutual Warranties. Each party represents and warrants that it has the legal power to enter into this Agreement.
- Service Warranty. Portqii warrants that the Services will conform to the Documentation in all material respects.
- Disclaimer. EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, THE SERVICES ARE PROVIDED "AS IS" AND PORTQII DISCLAIMS ALL OTHER WARRANTIES.
8. LIMITATION OF LIABILITY
IMPORTANT LIMITATION: IN NO EVENT WILL EITHER PARTY'S TOTAL LIABILITY ARISING OUT OF OR RELATED TO THIS AGREEMENT EXCEED THE TOTAL AMOUNT PAID BY CUSTOMER HEREUNDER IN THE TWELVE (12) MONTHS PRECEDING THE INCIDENT.
- Consequential Damages. IN NO EVENT WILL EITHER PARTY BE LIABLE FOR ANY CONSEQUENTIAL, INDIRECT, EXEMPLARY, SPECIAL, OR INCIDENTAL DAMAGES.
- Exceptions. The limitations in this section do not apply to violations of confidentiality obligations or indemnification obligations.
9. INDEMNIFICATION
- Portqii Indemnification. Portqii will defend Customer against any third-party claim that the Services infringe a patent, copyright, or trademark, and will pay damages finally awarded.
- Customer Indemnification. Customer will defend Portqii against any third-party claim arising from Customer's use of the Services in violation of this Agreement.
- Procedures. Indemnification obligations are subject to the indemnified party providing prompt notice and reasonable cooperation.
10. TERM AND TERMINATION
- Term. This Agreement begins on the Effective Date and continues until terminated in accordance with this Agreement.
- Termination for Cause. Either party may terminate this Agreement immediately if the other party materially breaches this Agreement and fails to cure such breach within thirty (30) days.
- Effect of Termination. Upon termination, Customer's right to access and use the Services will cease, and Portqii may delete Customer Data.
- Survival. Sections relating to payment, confidentiality, warranties, limitation of liability, and indemnification will survive termination.
11. GENERAL PROVISIONS
- Governing Law. This Agreement will be governed by the laws of Singapore, without regard to conflict of laws principles.
- Dispute Resolution. Any disputes will be resolved through binding arbitration in Singapore under the Singapore International Arbitration Centre rules.
- Entire Agreement. This Agreement, together with any Order Forms, constitutes the entire agreement between the parties.
- Amendments. This Agreement may only be modified by a written agreement signed by both parties.
- Severability. If any provision is found unenforceable, the remainder of this Agreement will remain in effect.
- Assignment. Neither party may assign this Agreement without the other party's prior written consent, except in connection with a merger or acquisition.
Last Updated: 12 Jan 2025
For questions about this MSA, please contact: legal@portqii.com