This Subscription Agreement (the “Agreement”) is entered into by and between Light Mind Creation, a marketing agency located in Cochrane, Alberta, Canada (“LMC,” “we,” or “us”), and the entity or individual agreeing to these terms (“Subscriber” or “you”). This Agreement governs your subscription to and use of the services provided by LMC.
1. Subscription Services
1.1 Scope of Services: LMC agrees to provide Subscriber with the marketing services specified in the applicable subscription plan, including but not limited to digital marketing, content creation, and other related services.
1.2 Subscription Term: The initial subscription term shall begin on the effective date of this Agreement and continue for the duration specified in the subscription plan. The subscription will automatically renew for successive periods unless either party provides written notice of termination at least 30 days before the end of the then-current term.
2. Subscription Fees and Payments
2.1 Fees: In consideration for the services provided by LMC, Subscriber agrees to pay the subscription fees as outlined in the applicable subscription plan.
2.2 Payment Terms: Subscription fees are due in advance and payable within [number] days of the invoice date. LMC reserves the right to suspend services if payment is not received within the specified timeframe.
2.3 Taxes: Subscriber is responsible for any applicable taxes associated with the subscription fees, excluding taxes based on LMC’s net income.
3. Intellectual Property
3.1 Ownership: All intellectual property rights, including but not limited to copyrights and trademarks, developed or provided by LMC in the course of providing services shall remain the exclusive property of LMC.
3.2 License: LMC grants Subscriber a non-exclusive, non-transferable license to use the deliverables provided as part of the subscription solely for Subscriber’s internal business purposes during the subscription term.
4. Confidentiality
4.1 Confidential Information: Both parties agree to keep confidential any proprietary or confidential information disclosed during the term of this Agreement.
4.2 Exceptions: The obligation of confidentiality shall not apply to information that is publicly available or becomes public through no fault of the receiving party.
5. Termination
5.1 Termination for Convenience: Either party may terminate this Agreement for any reason with 30 days’ written notice.
5.2 Termination for Cause: Either party may terminate this Agreement immediately if the other party breaches a material term and fails to cure the breach within 15 days of receiving written notice.
6. Limitation of Liability
In no event shall LMC be liable for any indirect, consequential, special, or incidental damages arising out of or related to this Agreement, even if LMC has been advised of the possibility of such damages.
7. Governing Law and Dispute Resolution
This Agreement shall be governed by and construed in accordance with the laws of the province of Alberta, Canada. Any dispute arising out of or in connection with this Agreement shall be resolved through arbitration in accordance with the rules of the [Arbitration Organization].
8. Miscellaneous
8.1 Entire Agreement: This Agreement constitutes the entire understanding between the parties and supersedes all prior agreements and understandings, whether oral or written.
8.2 Amendments: Any amendments to this Agreement must be in writing and signed by both parties.