Terms of Service

• Inversiq — Inversiq B.V., a private limited company established in the Netherlands, registered with the Dutch Chamber of Commerce (KvK) under number 42027564.
• Client — the natural person or legal entity that enters into, or intends to enter into, an agreement with Inversiq.
• Services — all work performed by Inversiq in the context of AI automation, consultancy, implementation, and related activities.
• Agreement — any arrangement between Inversiq and Client for the delivery of Services.
• Quote — a written offer made by Inversiq to Client.

These terms apply unless expressly agreed otherwise in writing. Any purchasing or other terms and conditions of Client are expressly rejected.

If one or more provisions of these terms are void or annulled, the remaining provisions shall remain in full force and effect.

All quotes from Inversiq are non-binding and valid for 30 days from the date of issue, unless stated otherwise. Inversiq is not bound by a quote if Client could reasonably have understood that the quote contained an error or omission.

An agreement is formed when Client accepts a quote in writing (including by email), or when Inversiq commences performance of the engagement.

Amendments to the agreement are valid only if agreed in writing by both parties.

Inversiq shall perform the Services to the best of its knowledge and ability, in accordance with the standards of good workmanship. Inversiq's obligations constitute an obligation of effort, unless a result obligation has been expressly agreed in writing.

Client is responsible for timely and complete provision of all data, access credentials, and cooperation required by Inversiq to perform the Services. Delay resulting from failure to provide these in a timely manner shall be at Client's expense.

Inversiq is entitled to have work performed by third parties, unless expressly excluded in writing. Inversiq remains responsible for performance.

If the scope or nature of the engagement changes after the agreement is formed, the consequences shall be borne by Client. Inversiq will inform Client in a timely manner of any additional costs.

Agreed fees are quoted in euros and are exclusive of VAT, unless expressly stated otherwise.

Invoices must be paid within 14 days of the invoice date, unless otherwise agreed in writing. After the payment term expires, Client is in default by operation of law and statutory commercial interest becomes due.

Inversiq is entitled to suspend performance if an invoice remains unpaid after two reminders, without prejudice to the right to compensation for all damages, costs, and interest.

Objections to invoices must be submitted in writing within 14 days of the invoice date. After this period, the invoice is deemed accepted.

All intellectual property rights in software, documentation, methodologies, models, and other materials developed by Inversiq vest in Inversiq, unless expressly agreed otherwise in writing.

Upon full payment, Inversiq grants Client a non-exclusive, non-transferable right of use to bespoke solutions developed specifically for Client, for use within Client's own organisation.

Client is not permitted to reproduce, disclose, or sublicense products or services delivered by Inversiq to third parties without prior written consent from Inversiq.

Inversiq retains the right to use generic knowledge, methodologies, and non-confidential technical solutions for other clients.

Both parties are obliged to maintain the confidentiality of all confidential information obtained from each other or from other sources in connection with the agreement. Information is considered confidential if communicated as such by the other party, or if its nature makes confidentiality apparent.

The confidentiality obligation does not apply to information that is or becomes publicly known without fault of the receiving party, or where disclosure is required by law.

Inversiq's total liability for direct damages is limited to the amount paid by Client under the relevant agreement in the three months preceding the event giving rise to the damage, with a maximum of €10,000 per event or series of related events.

Inversiq is never liable for indirect damages, including but not limited to consequential loss, lost profits, missed savings, business interruption, or loss of data.

The limitation of liability does not apply in cases of intent or wilful recklessness on the part of Inversiq or its management.

Client shall indemnify Inversiq against claims by third parties who suffer damage in connection with performance of the agreement, to the extent such damage is attributable to Client.

Inversiq is not obliged to fulfil any obligation if performance cannot reasonably be required as a result of force majeure. Force majeure includes any circumstance beyond Inversiq's control that prevents performance of the agreement, including disruptions at third parties, internet outages, government measures, pandemics, and natural disasters.

If a force majeure situation lasts longer than 60 days, either party has the right to terminate the agreement in writing, without obligation to pay damages.

The agreement is entered into for the duration stated in the quote or order confirmation. For project engagements, the agreement ends upon delivery and final acceptance.

Either party may terminate the agreement in writing with 30 days' notice, unless otherwise agreed.

Inversiq is entitled to terminate the agreement with immediate effect if:

• Client is declared bankrupt or applies for suspension of payments;
• Client fails to meet payment obligations and remains in default after reminder;
• Client fails to meet other obligations under the agreement and remains in default after written notice.

Upon termination, amounts already invoiced for work performed become immediately due and payable.

Inversiq reserves the right to amend these Terms of Service. Changes will be communicated in writing or by email at least 30 days before they take effect. If Client does not agree, Client may terminate the agreement before the effective date of the changes.

All legal relationships between Inversiq and Client are governed exclusively by Dutch law.

Disputes shall preferably be resolved by mutual agreement. If the parties are unable to resolve a dispute amicably, it shall be submitted to the competent court in the district where Inversiq is established, unless mandatory law prescribes a different court.