Terms of Service - Layood Technologies

Last updated: June 1, 2025

Effective Date: June 1, 2025

1. Acceptance of Terms

By accessing and using the services provided by Layood Technologies ("Company," "we," "our," or "us"), you ("Client," "you," or "your") accept and agree to be bound by the terms and provisions of this agreement ("Terms of Service" or "Agreement").

If you do not agree to these terms, you should not access our website or use our services. These terms apply to all visitors, users, and others who access or use our services.

2. Service Description

Layood Technologies provides comprehensive technology solutions including but not limited to:

  • Custom software development and programming services
  • Web development and design services
  • Mobile application development for iOS and Android platforms
  • Cloud solutions, migration, and infrastructure management
  • Cybersecurity services and security audits
  • Data analytics, business intelligence, and AI solutions
  • IT consulting and technical advisory services
  • System integration and API development
  • Quality assurance and testing services
  • Ongoing support and maintenance services

3. User Responsibilities

As a client of Layood Technologies, you agree to:

3.1 Information Accuracy

  • Provide accurate, complete, and up-to-date information about your business requirements
  • Promptly notify us of any changes to your contact information or project specifications
  • Ensure all provided content, data, and materials are legally owned or properly licensed

3.2 Cooperation and Communication

  • Participate actively in project planning, review, and feedback processes
  • Respond to our communications and requests within reasonable timeframes
  • Provide necessary access to systems, accounts, and resources as required for service delivery
  • Maintain confidentiality of any sensitive information shared during the project

3.3 Legal Compliance

  • Comply with all applicable laws, regulations, and industry standards
  • Ensure your use of our services does not violate any third-party rights
  • Respect intellectual property rights and licensing agreements
  • Use our services for lawful business purposes only

4. Payment Terms

4.1 Pricing and Invoicing

Payment terms will be specified in individual service agreements or project proposals. Generally, our payment structure includes:

  • Project-based pricing with milestone-based payments
  • Hourly rates for consulting and ongoing support services
  • Monthly retainer fees for maintenance and support packages
  • All prices are quoted in Indian Rupees (INR) unless otherwise specified

4.2 Payment Schedule

  • Initial payment (typically 25-50%) is due upon project commencement
  • Milestone payments are due within 15 days of invoice receipt
  • Final payment is due within 7 days of project completion and acceptance
  • Recurring service fees are due monthly in advance

4.3 Late Payments

  • Late payment charges of 2% per month may apply to overdue amounts
  • Services may be suspended for accounts more than 30 days overdue
  • Collection costs and legal fees may be added to outstanding balances

5. Intellectual Property

5.1 Client Ownership

Upon full payment of all fees:

  • Clients own the rights to custom-developed software solutions and applications
  • Clients receive full source code and documentation for custom developments
  • Ownership includes the right to modify, distribute, and commercialize the delivered solutions

5.2 Company Retention Rights

Layood Technologies retains rights to:

  • General methodologies, processes, and know-how developed during projects
  • Reusable code components, frameworks, and libraries
  • Generic solutions that can be applied to multiple clients
  • Company branding, logos, and proprietary tools used in service delivery

5.3 Third-Party Components

  • Third-party software, libraries, and tools remain subject to their respective licenses
  • Open-source components are governed by their applicable open-source licenses
  • Clients are responsible for obtaining necessary licenses for commercial software

6. Confidentiality

Both parties agree to maintain strict confidentiality regarding:

  • Proprietary business information, trade secrets, and technical data
  • Customer data, user information, and business processes
  • Financial information, pricing strategies, and business plans
  • Any information marked as confidential or that would reasonably be considered sensitive

Confidentiality obligations survive termination of this agreement and remain in effect for a period of 5 years.

7. Limitation of Liability

7.1 Scope of Liability

Layood Technologies' total liability for any claims arising from our services shall not exceed the total amount paid by the client for the specific service giving rise to the claim.

7.2 Exclusions

We shall not be liable for:

  • Indirect, incidental, special, consequential, or punitive damages
  • Loss of profits, revenue, data, or business opportunities
  • Damages caused by third-party software, services, or infrastructure
  • Issues arising from client's failure to follow recommended practices or procedures
  • Force majeure events beyond our reasonable control

7.3 Indemnification

Clients agree to indemnify and hold harmless Layood Technologies from claims arising from:

  • Client's use of delivered solutions in violation of applicable laws
  • Client-provided content, data, or materials that infringe third-party rights
  • Modifications made to delivered solutions by parties other than Layood Technologies

8. Termination

8.1 Termination for Convenience

Either party may terminate ongoing services with 30 days written notice. Upon termination:

  • Client is responsible for payment of all services rendered to the termination date
  • We will deliver all completed work products and transfer relevant materials
  • Confidentiality obligations remain in effect

8.2 Termination for Cause

Either party may terminate immediately for material breach that remains uncured after 15 days written notice.

8.3 Effect of Termination

  • All payments for completed work become immediately due
  • Each party returns or destroys confidential information
  • Survival clauses remain in effect as specified

9. Governing Law

This agreement is governed by the laws of India and the state of Uttar Pradesh. Any disputes arising from this agreement will be subject to the exclusive jurisdiction of the courts in Ghaziabad, Uttar Pradesh, India.

9.1 Dispute Resolution

Before initiating legal proceedings, parties agree to attempt resolution through:

  • Direct negotiation between authorized representatives
  • Mediation through a mutually agreed mediator
  • Arbitration under the Arbitration and Conciliation Act, 2015 (India)

9.2 Compliance

Our services comply with applicable Indian regulations including:

  • Information Technology Act, 2000 and its amendments
  • Personal Data Protection Bill (when enacted)
  • Companies Act, 2013
  • Goods and Services Tax (GST) regulations

10. Contact Information

For questions regarding these terms of service, please contact us:

Layood Technologies

Registered Address:
C543 DevendraPuri Modinagar
Modinagar, Uttar Pradesh 201204
India

Phone: +91 079833 30215

Email: legal@layoodtech.com

Website: https://layoodtech.com

GSTIN: 09CRFPJ1340C1Z9

GST Registration State: Uttar Pradesh (09)

Agreement Updates

We reserve the right to update these terms of service periodically. Significant changes will be communicated to existing clients via email at least 30 days before taking effect. Continued use of our services after changes constitutes acceptance of the updated terms.

Document Version: 2.1

Review Date: December 2025