CONTRACT AGREEMENT

Contract Agreement

1. Defnitions :

Party 1 : KM Sanjay or KM Labs who works on Party 2's demands for a sum of money.
Party 2 : Client or You, a person who hires Party 1 to fulfill their Project requirements.
Project : Software, content, digital materials, and other items and services as made available by Party 1 based on Party 2 requirements.
Console : Google play console or Apple marketplace where Android or iOS apps are published.
Hosting : Hostinger, GoDaddy or any other hosting providers where web pages, APIs and databases are hosted.

2. Accepting this Agreement :

2.1 This agreement ("Agreement") forms a legally binding contract between Party 1 and Party 2 throughout the lifecycle of Party 2's Project. Party 2 are contracting with the Party 1 to complete their Project. Party 2 agrees that Party 1 will act at the direction of Party 2 and in accordance with the relationship identified in Section 3.

3. Commercial Relationship, Pricing, Payments, and Taxes :

3.1 Party 2 hereby hire Party 1 to complete their Project.
3.2 During development, Party 1 may use their own credentials and IP addresses at Console and Hosting.
3.3 Party 2 will be solely responsible for legal boundaries set by state and central government.
3.4 Project will be handed over to Party 2 once the payments are made by them and access to servers, database and apps will be forbidden to Party 1 without Party 2 concern.
3.5 Party 1 is fixed with a final rate for development cost and no additional equity or share from profit will be given by Party 2 anytime / any manner.
3.6 During Project updates and maintainance, Party 1 will be issued additional development costs.
3.7 Party 2 is solely responsible for the losses, profits and content in Project and Party 1 will not be responsible for any losses, profits and content in the Project.
3.8 Payments will be made through UPI or bank transfers.
3.9 All applicable taxes will be deducted at first and only remaining amount will be transferred to Party 1.

4. Terminating this Agreement

4.1 This Agreement will continue to apply until Project is termintated.

5. Limitation of Liability

5.1 To the maximum extent permitted by law, Party 2 will understand and expressly agree that party 1 will not be liable for accidental, special, consequential or exemplary damages. Including any loss of data, Party 1 may or not informed of the possibility of such loss.

6. Changes to the Agreement

6.1 Party 1 may make changes to this Agreement with notice to Party 2 and the opportunity to decline further use of Project. Party 2 should look at the Agreement and check for notice of any changes regularly.

Last Updated : 01/04/2024