Contract Terms - Package 1
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Package Scope
Additional add-ons of scope are charged separately.
Payment Terms
Full payment is due upon commencement of the project.
Intellectual Property Rights:
Webdorks Pte Ltd (the “Contractor”) agrees to transfer all rights, including copyrights, patents, trade secrets, and trademarks, related to any work created under this Agreement to the “Client”. This transfer includes all materials or writings created by the “Contractor” during the contract period, whether solely or jointly with others after the final payment is made as stated in the invoice. The “Contractor” and its team also agree not to infringe upon any third-party intellectual property rights while fulfilling their obligations under this Agreement.
Confidentiality:
Both the “Client” and “Contractor” agrees to maintain confidentiality of all proprietary and sensitive information shared during the course of this project, in compliance with Singaporean laws and regulations.
Project Change Requests:
Indemnification:
The “Client” agrees to indemnify and hold “Webdorks” (the “Contractor”) harmless against any claims, losses, damages, liabilities, costs, and expenses, including legal fees, arising from or related to the “Client’s” use of the delivered work, including but not limited to any third-party claims of copyright infringement, trademark violations, or any other legal issues. The “Client’s” obligation to indemnify extends to any modifications or alterations made to the work by the “Client” or third parties.
Termination:
Dispute Resolution:
Any disputes or disagreements arising from this quotation/invoice shall be subject to mediation and, if necessary, arbitration in accordance with the laws and regulations of Singapore, with both parties agreeing to a mutually appointed mediator or arbitrator.
Deposit Policy:
Our non-refundable deposit signifies project initiation. If the transaction halts for reasons beyond our control, the deposit remains with us. Your understanding is appreciated.
Governing Law:
This Agreement shall be governed by and construed in accordance with the laws of the Republic of Singapore. Any disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of Singapore.
Acceptance:
By making payment for this quotation/invoice, the “Client” acknowledges and accepts the terms and conditions outlined herein. This agreement is deemed accepted upon payment.
Bank Details for Payment:
Account Number: 601-113731-001
SWIFT Code: OCBCSGSG
Branch Code: 601
Bank Code: 7339
Bank Name: Oversea-Chinese Banking Corporation, Limited
PayNow: UEN: 202011276G