Terms of Service
Terms of Service for Monk CI
Binding Agreement
By using the Services, clicking a button or checkbox to accept or agree to these terms, or if you have entered into an Order Form, you agree to be fully bound by this Agreement, including the binding arbitration provision and class action waiver in Section 12.
These Terms of Service (this "Agreement") govern your use of the Services, including through our website, online sign-up, or as purchased under an applicable Order Form. "Monk CI," "we," and "us" refer to Systems Monk CI Private Limited, an Indian corporation. "You," "your," or "Subscriber" refer to you and any organization you act on behalf of.
If you are using the Services on behalf of an organization, you represent and warrant that you have the authority to bind that entity to this Agreement.
1. Definitions
| Term | Definition |
|---|---|
| Affiliate | Any entity that a Party controls, is controlled by, or is under common control with (≥50% voting interest). |
| Authorized User | An employee or contractor you authorize to use the Services. |
| Data Protection Addendum (DPA) | The Monk CI Data Protection Addendum available through the Services. |
| Documentation | Manuals, training materials, specifications, and other related materials provided by Monk CI. |
| End User | A third-party individual or entity that utilizes applications you provide or create using the Services. |
| Effective Date | The date set forth on an Order Form, or the date you first access or use the Services. |
| Intellectual Property Rights | Patent rights, inventions, copyrights, trade secrets, know-how, data rights, and other IP rights recognized in any jurisdiction. |
| Licensed Volume | The limits, volume, or conditions of permitted use for the applicable Service. |
| Order Form | An ordering document agreed to by you and Monk CI that references this Agreement. |
| Platform Data | Data derived or aggregated in deidentified form from Your Data or your use of the Services. |
| Monk CI IP | The Services, Software, algorithms, interfaces, databases, tools, processes, documentation, and all improvements thereto. |
| Restricted Data | Cardholder data per PCI DSS; SCOMET-listed technology; or other regulated data described as Restricted Data in an Order Form. |
| Services | Monk CI's cloud-hosted infrastructure, developer tools, and APIs, including all Updates, patches, and upgrades. |
| Software | The underlying software made accessible as part of or provided with the Services. |
| Updates | Changes Monk CI implements as generally available without additional fees. Does not include new paid offerings. |
| Your Data | All information, data, and content submitted by or on behalf of you or your End Users through the Services. |
2. Services; Access and Use
2.1 Access and License
Subject to your full compliance with this Agreement, Monk CI grants you during the Term:
- The right to use the Services solely for your internal business purposes within the Licensed Volume.
- A limited, non-exclusive, non-sublicenseable, non-transferable license to use the Software.
Services and Software are deemed delivered upon provision of access for your benefit.
2.2 Use Restrictions
Prohibited Actions
You will not, and will not permit any third party or Authorized User to, directly or indirectly engage in any of the following:
- Use the Services beyond the scope of rights expressly granted in this Agreement.
- Store, transmit, or transfer any Restricted Data within or in connection with the Services.
- Modify or create derivative works of the Services or Documentation.
- Reverse engineer, disassemble, decompile, or otherwise attempt to derive access to any Software component.
- Resell, rent, or lease the Services to any third party, unless agreed in writing by Monk CI.
- Use the Services in any manner that violates any Intellectual Property Right or applicable law.
- Interfere with or disrupt the integrity or performance of the Services.
- Access or search the Services using automated tools (spiders, robots, crawlers) not authorized by Monk CI.
- Use the Services for benchmarking or to develop competing products or services.
- Multiplex or spread usage across multiple accounts to circumvent usage limits.
- Use scraping techniques to mine or scrape data from the Services.
- Transmit harmful code, viruses, worms, time bombs, or Trojan horses.
- Attempt to gain unauthorized access to Monk CI's systems or networks.
2.3 Authorized Users
You may permit Authorized Users to use the Services, provided that:
- Use does not exceed the Licensed Volume.
- Each Authorized User complies with all applicable terms and conditions.
- You ensure all Authorized Users use reasonable means to secure credentials (e.g., multi-factor authentication).
You must immediately notify Monk CI if any user name, password, or API key has been compromised. You are solely responsible for all activities that occur under accounts issued to or created by you.
2.4 Third-Party Services
Certain features may allow integration with third-party services ("Third-Party Services"). Monk CI is not responsible for compatibility issues, errors, or bugs caused by Third-Party Services. Your use of any Third-Party Service is at your own risk.
2.5 Third-Party Reports
Monk CI may receive notices from third parties ("Reporters") regarding Your Data or your use of the Services. Monk CI will forward these reports to your designated Abuse Contact email address.
2.6 Service Notices
If Monk CI learns or suspects a violation of Section 2 or Section 6, it will notify the Abuse Contact and request appropriate action. Failure to comply within the specified time period may result in:
- Blocked access to the Services.
- Termination of the Agreement if violations recur two or more times in any rolling 12-month period.
Monk CI may also suspend access immediately if your use may create a security risk, violate laws, breach this Agreement, or subject any party to liability.
2.7 Reservation of Rights
Monk CI reserves and solely owns all rights, title, and interest in the Monk CI IP. No rights are granted by implication, estoppel, or otherwise beyond what is expressly set forth herein.
2.8 Feedback
Any feedback, suggestions, or comments you provide regarding the Services ("Feedback") grants Monk CI a royalty-free, fully-paid-up right to use and exploit such Feedback for any Monk CI business purpose.
2.9 Security Measures
Monk CI implements technical and organizational measures consistent with industry standard practices to ensure the security and integrity of the Services. You are responsible for the accuracy, legality, and appropriateness of Your Data and its security when in your possession or control.
2.10 Beta Services
Beta / Preview Services
Services labeled "preview," "alpha," "beta," or "pre-release" are provided AS IS without warranty of any kind. Monk CI makes no commitments regarding availability, support, security, or compliance for Previews. Use is at your own risk.
2.11 Trial and Growth Tier Services
Trial and Growth Tier
Trial and Growth Tier Services are provided AS IS without warranty. Monk CI may terminate or suspend these services at any time, and any customizations or configurations may be permanently lost.
2.12 Copyright & Trademark Notices
You agree to maintain and not remove or obscure any copyright, trademark, logos, or other proprietary notices in the Services, Software, or associated media.
3. Fees and Payment
3.1 Fees
You will pay Monk CI the fees based on your usage as set forth in your online dashboard or applicable Order Form ("Fees"), without offset or deduction.
Monk CI operates on a pay-as-you-go model and bills monthly in arrears unless otherwise specified in an Order Form.
Automatic Billing
If you have signed up for automatic billing, you agree that Monk CI may charge your selected payment method for any Fees on the applicable payment date, including applicable taxes, on a recurring basis until you provide written notice of cancellation.
3.2 Payments
All payments are due in U.S. dollars (or another currency agreed in the Order Form). All payments are non-refundable. Late payments are subject to interest at 1.5% per month or the highest rate permitted by applicable law.
3.3 Taxes
You are responsible for all GST, levies, duties, and charges imposed by Indian or other regulatory authorities on amounts payable to Monk CI, excluding taxes on Monk CI's income. If you are required to deduct withholding tax (TDS), you must provide Monk CI with the necessary certificates.
4. Confidential Information
4.1 Definition
"Confidential Information" means any information designated as confidential or that reasonably should be considered confidential given its nature or the circumstances of disclosure. This includes Monk CI IP, Your Data, pricing, software, algorithms, business plans, and technical information.
Exclusions: Information that is (i) publicly known through no act of the Receiving Party; (ii) already known to the Receiving Party; (iii) rightfully received from a third party; or (iv) independently developed without use of Confidential Information.
4.2 Obligations
The Receiving Party will:
- Maintain Confidential Information in strict confidence.
- Use Confidential Information only as necessary to perform its obligations under this Agreement.
- Disclose only to employees, representatives, or contractors with a bona fide need to know, bound by equivalent non-disclosure obligations.
4.3 Duration
Confidentiality obligations are effective from the Effective Date and expire five (5) years from the date of disclosure, except for trade secrets, which remain protected for as long as they qualify as trade secrets under applicable law.
4.4 Pricing Confidentiality
Terms and pricing in any negotiated agreement constitute Confidential Information of each Party, but may be disclosed on a confidential basis to advisors, attorneys, investors, and acquirers for due diligence purposes.
5. Support and Service Levels
Except for Previews, Trial, Growth Tier, and non-Enterprise Services, Monk CI will provide support services according to its standard support terms. Service level commitments (SLAs) may be procured for an additional charge under an applicable Order Form.
6. Your Materials and Data
6.1 Ownership
As between you and Monk CI, you own and retain all right, title, and interest in and to all Your Data.
6.2 License to Monk CI
You grant Monk CI a non-exclusive, worldwide, royalty-free license to use, host, reproduce, display, perform, and modify Your Data solely for the purpose of providing, operating, and improving the Services during the Term.
6.3 Your Warranties
You represent and warrant that you have obtained and will maintain during the Term all necessary rights, authority, consents, and licenses for the access to and use of Your Data as contemplated by this Agreement.
6.4 Compliance
You represent and warrant that Monk CI's access to Your Data in accordance with this Agreement will not violate any applicable laws or cause a breach of any agreement between you and any third party.
6.5 Personal Data
Monk CI will process any Personal Data received in connection with this Agreement in accordance with the Data Protection Addendum (DPA).
7. Representations and Warranties
7.1 Mutual Warranties
Each Party represents and warrants that:
- It is duly organized, validly existing, and in good standing under its jurisdiction.
- The execution and performance of this Agreement are within its corporate powers and duly authorized.
7.2 Monk CI Warranties
Monk CI warrants that:
- It will provide the Services in a professional and workmanlike manner in accordance with industry standards.
- The Services will substantially conform to the Documentation.
The sole remedy for a breach of the foregoing warranty shall be a pro-rated refund of Fees paid for the remaining portion of the Term within 7 business days.
8. Indemnification
8.1 Monk CI Indemnification
Monk CI will defend you against third-party claims ("Claims") alleging that your use of the Services infringes or misappropriates such third party's Intellectual Property Rights, and will indemnify you against damages and costs finally awarded or agreed in settlement.
8.2 Exclusions
Monk CI's indemnification obligations do not apply to claims arising from:
- Your breach of this Agreement, negligence, or willful misconduct.
- Your Data.
- Modifications or combinations of the Services with software or materials not provided by Monk CI.
- Any use of Services after Monk CI has notified you to discontinue such use.
8.3 IP Remedies
If Monk CI believes the Services could infringe any third party's IP rights, Monk CI may:
Modify or replace the Services to make them non-infringing.
Procure the right for you to continue use.
If neither alternative is commercially reasonable, terminate this Agreement and refund a pro-rated amount of Fees within 7 business days.
8.4 Your Indemnification
You will defend Monk CI against Claims and Losses arising from:
- Your Data infringing any third party's Intellectual Property Rights or privacy rights.
- Your breach of this Agreement or violation of applicable law.
- Your products or services, or any dispute between you and your End Users.
- Any fraud, misrepresentation, or false advertising claims from Monk CI's marketing of your products as instructed by you.
8.5 Indemnification Procedures
The Indemnified Party must:
- Notify the Indemnifying Party of any Claim within 30 days of becoming aware.
- Reasonably cooperate in the defense and/or settlement of the Claim.
The Indemnifying Party shall have sole control of the defense but may not settle any Claim without the Indemnified Party's prior written approval.
9. Warranty Disclaimer
No Warranties
To the maximum extent permitted by law, the Services and Monk CI IP are provided "AS IS" without warranties of any kind, whether express or implied, including warranties of merchantability, fitness for a particular purpose, or non-infringement. Monk CI does not warrant that the Services will be error-free, bug-free, or uninterrupted.
10. Limitations of Liability
10.1 Exclusion of Damages
Limitation of Liability
Except for fraud, gross negligence, willful misconduct, or breach of payment obligations, neither Party will be liable for any indirect, incidental, special, exemplary, punitive, or consequential damages, including loss of income, data, profits, revenue, goodwill, or business interruption.
10.2 General Liability Cap
To the maximum extent permitted by law, and except for claims under Sections 2.2, 2.7, 4, and 8, each Party's total liability shall not exceed the Fees actually paid by you to Monk CI in the 12-month period preceding the event giving rise to the claim.
11. Term and Termination
11.1 Term
The Agreement begins on the Effective Date and expires at the end of the Initial Term specified in the Order Form. It automatically renews for successive one (1) year periods unless either Party provides written notice of non-renewal at least 90 days before the end of the then-current Term.
11.2 Termination by You
- Marketplace subscribers: Unsubscribe through the applicable marketplace procedures.
- Direct subscribers: Provide at least 90 days' written notice prior to the end of the Initial Term or then-current Renewal Term.
- Free tier: Terminate at any time by ceasing to use the Services.
- Growth tier: Terminate effective at the end of the month in which you terminate; all Fees through termination remain due.
11.3 Termination for Breach
Either Party may terminate this Agreement on written notice if the other Party materially breaches this Agreement and such breach remains uncured 30 days after written notice.
11.4 Termination by Monk CI
Monk CI may terminate this Agreement by providing 14 days' written notice and will refund a pro-rated amount of any pre-paid Fees within 7 business days after termination.
11.5 Survival
The following sections survive any termination or expiration of this Agreement: Sections 1, 2.2, 2.3, 2.4, 2.7, 2.8, 3, 4, 6, 8, 9, 10, 11.5, 11.6, 12, 13, and 14.
11.6 Effect of Termination
Upon expiration or termination:
- All rights granted under Section 2.1 will terminate.
- You must return or destroy all Monk CI Confidential Information in your possession or control.
- All outstanding Fees through the effective date of termination remain due. No refunds will be issued.
12. Dispute Resolution; Arbitration & Class Waiver
12.1 Mandatory Arbitration
Binding Arbitration
Any dispute, claim, or controversy arising out of or relating to this Agreement that is not resolved within 60 days of good-faith negotiation will be resolved by binding, individual arbitration.
12.2 Arbitration Rules and Seat
- Conducted in accordance with the Arbitration and Conciliation Act, 1996 (as amended).
- Seat and venue: Bengaluru, Karnataka, India.
- Language: English.
- Arbitrator: Sole arbitrator appointed mutually by the Parties.
12.3 Injunctive and Declaratory Relief
Either Party may seek preliminary injunctive or equitable relief from a court of competent jurisdiction pending a final arbitration decision. The courts in Bengaluru, India shall have exclusive jurisdiction over such proceedings.
12.4 Class Action Waiver
Class Action Waiver
You and Monk CI agree to bring claims only in an individual capacity and not as a plaintiff or class member in any class or representative proceeding. The arbitrator may not consolidate another person's claims with yours.
13. Governing Law
This Agreement is governed by and construed in accordance with the laws of the Republic of India, without regard to conflicts of laws principles. In the event Section 12 is held unenforceable, all disputes will be brought exclusively in the courts located in Bengaluru, Karnataka, India.
14. General
Questions about these Terms?
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