Vidu Terms & Conditions

These Terms of Service (“Terms of Service”) govern your access to and use of Vidu services including the Vidu Platform and any other services, plans, features, products, content, applications, software, maintenance and training offered by us from time to time (collectively the “Services”) identified in one or more Vidu sales order documents (“Sales Order” or “Sales Orders” or “Order Form” or “Order Forms”) or made available by us from time to time.

In certain cases Vidu may provide a trial version of the Services. In that case each Customer consents to this Agreement by clicking Agree or using the Services. If Customer and Vidu execute a subsequent agreement regarding commercial use of the Services, its terms will supersede the terms here to the extent of any conflict.

THE PARTIES AGREE AS FOLLOWS:

1. SERVICES AND SUPPORT

1.1 Services. Vidu will use commercially reasonable efforts to provide to Customer the services identified on each Order Form, and Customer will have use and access to such services, each according to the terms of the Agreement. The term “Services” includes the customer-facing services, implementation services, support, Software (as defined below) and any other services provided by Vidu to Customer.

2. RESTRICTIONS AND RESPONSIBILITIES

2.1 Use of Software Underlying Services. 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 (the “Software”); modify, translate, or create derivative works based on the Services or any Software (except to the extent expressly permitted by Vidu in writing or authorized within the Services); frame, mirror or use the Services or any Software for timesharing or service bureau purposes or otherwise for the benefit of a third party, except as part of a Powered by Vidu deployment identified on an Order Form; or remove any proprietary notices or labels.

2.2 Appropriate Use of Services. Customer will not, and will not permit its users to:

(a) Post, upload, forward, or otherwise transmit any file or software code which contains, facilitates, or launches viruses, worms, trojan horses or any other contaminating or destructive features, or that otherwise interfere with the proper working of the Services; or

(b) Attempt to access any other Vidu systems that are not part of these Services;

(c) Use the Services to upload, post, process, distribute, link to, publish, reproduce, or transmit any of the following, including but not limited to:

(i) Illegal, fraudulent, libelous, defamatory, obscene, pornographic, profane, threatening, abusive, hateful, harassing, offensive, inappropriate or objectionable information or communications of any kind, including without limitation conduct that would encourage or constitute an attack or “flaming” others, or criminal or civil liability under any Irish, EU, or foreign law; or

(ii) Any information, software or content Customer does not have the legal right to process or transmit.

2.3 Although Vidu has no obligation to monitor Customer’s use of the Services, Vidu may do so and may prohibit any use of the Services it believes may be in violation of the foregoing.

3. CONFIDENTIALITY

3.1 Confidential Information. Subject to the limitations set forth in Section 3.2, all information disclosed by one party to the other party during the term of this Agreement, whether in oral, written, graphic or electronic form, shall be deemed to be “Confidential Information”. Confidential Information of Vidu includes non-public information regarding features, functionality and performance of the Services and Software. Confidential Information of Customer includes all data provided by Customer to Vidu to enable the provision of the Services (“Customer Data”).

3.2 Exceptions. Confidential Information does not include information which: (a) is part of the public domain at the time of disclosure; (b) becomes a part of the public domain through no fault of the receiving party or persons or entities to whom the receiving party has disclosed, transferred or permitted access to such information; (c) becomes available to the receiving party on a non-confidential basis from a source legally entitled to share the information without confidential treatment; (d) is independently developed by the receiving party without use of or access to the disclosing party's Confidential Information; or (e) is released from the confidentiality obligations herein by written consent of the disclosing party.

3.3 Nondisclosure. Each party covenants that it will not disclose any Confidential Information of the other party to any person or entity except: (a) to agents of the receiving party who have a need to know such information, who are subject to confidentiality agreements with the receiving party at least as protective of the disclosing party’s Confidential Information as this Agreement, or (b) pursuant to the terms of a valid and effective subpoena or court order, provided that the receiving party immediately notifies the disclosing party (to the extent permitted) of the existence, terms and circumstances surrounding such a request so that the disclosing party may seek appropriate protective action. Neither party may use the other party's Confidential Information in any directly competitive manner or for any purpose other than to exercise its rights and comply with its obligations under this Agreement.

3.4 Return; Destroy; Protect. On the disclosing party’s request, the receiving party must return or destroy all Confidential Information of the disclosing party which has been supplied to or acquired by the receiving party other than: (a) records the receiving party has a separate legal right or obligation to retain; and (b) copies of Confidential Information created in the ordinary course of the receiving party’s business and retained in accordance with its internal document retention and information technology policies. To the extent the receiving party retains information disclosed by the disclosing party, the receiving party will continue to protect such information in accordance with Section 3.3: (x) for so long as it meets the definition of Confidential Information above; (y) if it constitutes a trade secret for so long as required under applicable law, and/or (z) if it constitutes personal data received from the disclosing party for so long as required by applicable law.

3.5 Customer Identification. Upon Customer’s prior written consent, Vidu may identify Customer as a user of the Services and may use Customer’s name and logo in Vidu’s customer list, press releases, blog posts, advertisements, and website.

4. PROPRIETARY RIGHTS

4.1 Ownership Rights. Customer owns all rights, 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, and all intellectual property rights related to any of the foregoing. Vidu owns and retains 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 by or on behalf of Vidu in connection with the Services, and (c) all intellectual property rights related to any of the foregoing.

4.2 Protection of Customer Data. Vidu will maintain administrative, physical, and technical safeguards for protection of the security, confidentiality and integrity of Customer Data. Those safeguards will include, but will not be limited to, measures for preventing access, use, modification or disclosure of Customer Data by Vidu personnel except (a) to provide the Services and to prevent or address service or technical problems, or (b) as Customer expressly permits in writing.

4.3 Removal of Customer Data. Upon termination or expiration of this Agreement, in the event Vidu has any Customer Data, Vidu shall delete all such Customer Data from its systems without retaining any copies thereof.

5. PAYMENT OF FEES

5.1 Calculation of Fees. Customer will pay Vidu the applicable fees described in each Order Form (the “Fees”). Fees for committed prepaid subscriptions are identified on the initial Order Form. Except as otherwise provided herein all fees are non-cancelable and non-refundable. If Customer’s use of the Services exceeds the Services capacity set forth on the Order Form(s) or terms, or otherwise requires the payment of additional fees (per the terms of this Agreement), Vidu will invoice Customer in arrears for such additional usage and Customer agrees to pay the additional Fees in the manner provided herein.

5.2 Payment Terms. Vidu will bill for the Services through an invoice, or directly through credit card if provided. Full payment for invoices issued in any given month must be received by Vidu within 14 days after the issuance of the invoice (which may be sent by email). If Customer is paying by credit card, Customer represents and warrants that it has the right to use the credit card provided and grants Vidu the right to provide the credit card information, including the credit card number, its expiration date and billing address, to third parties for the purposes of facilitating payment transactions. Verification of information may be required prior to the acknowledgment or completion of any payment transaction. Unpaid amounts may result in immediate termination of Services. Customer is responsible for any sales, use, value added, excise, property, withholding or similar tax and any related tariffs, and similar charges, except taxes based on Vidu’s net income. If Customer is required to pay any such taxes, Customer shall pay such taxes with no reduction or offset in the amounts payable to Vidu hereunder. If an applicable tax authority requires Vidu to pay any taxes that should have been payable by Customer, Vidu will advise Customer in writing, and Customer will promptly reimburse Vidu for the amounts paid. If Customer believes that Vidu has billed Customer incorrectly, Customer must contact Vidu no later than 60 days after the date of the first billing statement in which the error or problem appeared, in order to receive an adjustment or credit. Inquiries should be directed to Vidu’s customer support department. Without limiting its other remedies, Vidu may suspend Services for non-payment of fees.

6. TERM AND TERMINATION

6.1 Term. This Agreement will continue from the Effective Date until the earlier of: (a) the expiration of all Services subscriptions, (b) for month-to-month customers, until such date as a monthly plan is canceled, or (c) termination pursuant to Section 6.2 below (together, the “Term”). Month-to-month plans will renew automatically each month and may be canceled at any time on notice by either party to the other. Each Services subscription will run for the subscription term specified in the applicable Order Form and will renew automatically on Vidu’s then-current terms and conditions for one-year periods, unless a party provides notice of non-renewal to the other part at least 30 days prior to expiration of the applicable. Vidu will notify Customer in connection with any renewal to provide opportunity for notice and/or cancellation.

6.2 Termination for Cause. In addition to any other remedies it may have, (A) either party may terminate this Agreement upon written notice (or without notice in the case of non-payment), if the other party (i) materially breaches any of the terms or conditions of this Agreement and fails to cure such breach within 30 days after written notice describing the breach; or (ii) files for bankruptcy or is the subject of an involuntary filing in bankruptcy (in the latter case, which filing is not discharged within 60 days) or makes an assignment for the benefit of creditors or a trustee is appointed over all or a substantial portion of its assets and (B) Vidu may additionally terminate this Agreement and the Services (or any portion of the Services) (i) immediately and without notice if it has reason to believe Customer is violating Section 2 of this Agreement; or (ii) following notice, in the case a Customer has no more GIFs available and has not accessed the Services for a consecutive 90 day period (each, “Termination for Cause”). In the case of Termination for Cause under Section 6.2(B)(ii), a Customer may revive its account by contacting sales@vidu.io. Vidu terminates this Agreement for Customer’s breach, Customer remains obligated to pay the balance due on Customer’s account for the remainder of the Term, computed in accordance with the applicable Order Form(s), and will be billed for such unpaid fees.

6.3 Survival. All sections of this Agreement which by their nature should survive termination will survive termination, including, without limitation, accrued rights to payment, confidentiality obligations, warranty disclaimers, and limitations of liability.

7. WARRANTIES AND DISCLAIMER

7.1 Authority. Each of Vidu and Customer represents and warrants that: (a) it has the full right, power and authority to enter into and fully perform this Agreement; (b) the person signing this Agreement on its behalf is a duly authorized representative of such party who has in fact been authorized to execute this Agreement; (c) its entry herein does not violate any other agreement by which it is bound; and (d) it is a legal entity in good standing in the jurisdiction of its formation.

7.2 Services Warranty. Vidu shall use reasonable efforts consistent with prevailing industry standards to maintain the Services in a manner which minimizes errors and interruptions in the Services and shall perform implementation and support Services in a professional and workmanlike manner.

7.3 Vidu DOES NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED OR ERROR FREE; NOR DOES IT MAKE ANY WARRANTY AS TO THE RESULTS THAT MAY BE OBTAINED FROM USE OF THE SERVICES. EXCEPT AS EXPRESSLY SET FORTH IN THIS SECTION, THE SERVICES ARE PROVIDED “AS IS” AND Vidu DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT.

8. INDEMNIFICATION

8.1 By Vidu. Vidu will defend or settle any claims, actions and demands brought by third parties against Customer and Customer’s subsidiaries, affiliates, officers, directors, shareholders, employees, attorneys and agents (collectively “Indemnified Parties”) where the third party expressly asserts that the Software: infringes such third party’s trademark or copyright arising under the laws of the United States, or Vidu misappropriated such third party’s trade secrets in the development of the Software (collectively, “Claims”). Customer must give written notice of the Claim to Vidu promptly after Customer becomes aware of the Claim, and Vidu’s indemnity obligations will be waived only if and to the extent that its ability to conduct the defense are materially prejudiced by this failure to give notice. The foregoing obligations do not apply with respect to portions or components of the Services (i) not supplied by Vidu, (ii) made in whole or in part in accordance with Customer specifications, (iii) that are modified after delivery by Vidu or combined with other products, processes or materials where the alleged infringement relates to such combination, (iv) where Customer continues the allegedly infringing activity after being notified thereof or after being informed of modifications that would have avoided the alleged infringement, or (v) where Customer’s use of the Services is not strictly in accordance with this Agreement. If, due to a claim of infringement, the Services are held by a court of competent jurisdiction to be or are believed by Vidu to be infringing, Vidu may, at its option and expense (x) replace or modify the Services to be non-infringing provided that such modification or replacement contains substantially similar features and functionality, (y) obtain for Customer a license to continue using the Services, or (z) if neither of the foregoing is commercially practicable, terminate this Agreement and provide Customer a refund of any prepaid, unused fees for the Services.

8.2 By Customer. Customer will indemnify, defend and hold harmless (by counsel reasonably satisfactory to Vidu) Vidu and its Indemnified Parties against all liabilities, damages, fines, judgments, settlements, costs or expenses (including reasonable attorney’s fees and disbursements) alleging that the Customer Data or its use has infringed the rights of or otherwise caused harm to a third party, or violated applicable law; provided that in any such case Vidu gives written notice of the Claim to Customer promptly after Vidu becomes aware of such Claim, and Customer’s indemnity obligations will be waived only if and to the extent that its ability to conduct the defense are materially prejudiced by this failure to give notice.

9. LIMITATION OF LIABILITY

9.1 NO CONSEQUENTIAL DAMAGES. IN NO EVENT SHALL EITHER PARTY OR ITS AGENTS AND SUPPLIERS (INCLUDING THEIR DIRECTORS, OFFICERS, EMPLOYEES, REPRESENTATIVES, AGENTS AND SUPPLIERS) BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES, INCLUDING WITHOUT LIMITATION PROCUREMENT OF SUBSTITUTE PRODUCTS OR SERVICES OR LOSS OF PROFITS, REVENUE, DATA OR DATA USE, EVEN IF Vidu HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. NOTHING IN THIS AGREEMENT WILL LIMIT CUSTOMER’S LIABILITY FOR MISAPPROPRIATION OF Vidu’S INTELLECTUAL PROPERTY RIGHTS IN THE SOFTWARE AND SERVICES.

9.2 DIRECT DAMAGES. THE AGGREGATE, CUMULATIVE LIABILITY OF EACH PARTY (INCLUDING ITS DIRECTORS, OFFICERS, EMPLOYEES, REPRESENTATIVES, AGENTS AND SUPPLIERS) UNDER THIS AGREEMENT SHALL BE LIMITED TO THE FEES PAID OR PAYABLE BY CUSTOMER TO Vidu DURING THE TWELVE MONTH PERIOD PRIOR TO THE EVENT GIVING RISE TO ANY CLAIM, OR $100 IF CUSTOMER IS USING A TRIAL OF THE SERVICES. THE FOREGOING SHALL NOT LIMIT CUSTOMER’S PAYMENT OBLIGATIONS UNDER SECTION 5.

10. MISCELLANEOUS

10.1 No Agency. No agency, partnership, joint venture, or employment is created as a result of this Agreement and neither party has any authority of any kind to bind the other party in any respect whatsoever to any third party.

10.2 Notices. All notices under this Agreement must be in writing and will be deemed to have been duly given when received, if personally delivered; when receipt is electronically confirmed, if transmitted by facsimile or e-mail; the day after it is sent, if sent for next day delivery by recognized overnight delivery service; and upon receipt, if sent by certified or registered mail, return receipt requested to each party at its respective address provided on the initial Invoice.

10.3 Enforceability. If any provision of this Agreement is adjudicated invalid or unenforceable, this Agreement will be amended to the minimum extent necessary to achieve, to the maximum extent possible, the same legal and commercial effect originally intended by the parties. To the extent permitted by applicable law, the parties waive any provision of law that would render any clause of this Agreement prohibited or unenforceable in any respect.

10.4 Force Majeure. If the performance of this Agreement or any obligations (other than payment obligations) hereunder is prevented or interfered with by any act or condition beyond the reasonable control of a party hereto, that party upon giving prompt notice to the other party shall be excused from such performance during such occurrence.

10.5 Assignment. This Agreement may not be assigned by either party without the other party’s consent, whether by operation of law or otherwise; provided that either party may assign this Agreement to its successor in the event of a merger, acquisition or sale of all or substantially all of the assets of such party. Any other purported assignment shall be void.

10.6 Integration. This Agreement is the complete statement of the mutual understanding of the parties and supersedes and cancels all previous written and oral agreements, communications and other understandings relating to the subject matter of this Agreement. This Agreement shall supersede the terms of any purchase order or other business form. If accepted by Vidu in lieu of or in addition to Vidu’s Order Form, Customer’s purchase order shall be binding only as to the following terms: (a) the Services ordered and (b) the appropriately calculated fees due. Other terms shall be void.

10.7 Amendment; Counterparts. Except as otherwise stated in this Section 10.7, no supplement, modification, or amendment of this Agreement shall be binding, unless executed in writing by a duly authorized representative of each party. No waiver will be implied from conduct or failure to enforce or exercise rights under this Agreement, nor will any waiver be effective unless in a writing signed by a duly authorized representative on behalf of the party claimed to have waived. This Agreement may be executed by written signature or electronically and delivered in multiple counterparts, including facsimile, PDF, or other electronic counterparts, all of which will constitute one and the same instrument and agreement. From time to time Vidu may modify this Agreement. Unless another agreement between the parties supersedes this Agreement, changes become effective for Customer upon renewal of the then-current subscription term or entry into a new Order Form after the updated version of this Agreement goes into effect.

10.8 Governing Law and Jurisdiction; Attorney Fees.This Agreement shall be governed by and construed in all respects in accordance with the laws of Ireland. This Agreement shall not be governed by the United Nations Convention on Contracts for the International Sale of Goods or the Uniform Computer Information Transactions Act. The parties agree to submit to the exclusive jurisdiction of the Courts of Ireland as regards any Claim or matter arising out of or in relation to this Agreement. In the event of any action, suit or proceeding related to this Agreement, the prevailing party, in addition to its rights and remedies otherwise available, shall be entitled to receive reimbursement of reasonable attorney’s fees and expenses and court costs.