SaaS Agreement

1. Agreement Overview

This Software as a Service Agreement ("Agreement") is between QuantNexus AI ("Provider") and the enterprise customer ("Customer") using QuantNexus AI's AI architecture and implementation services. Effective upon service access or written agreement.

Key Points

Enterprise use only
Requires legal authority to bind organization
No consumer/personal use
Competitors restricted without written consent

2. Services Description

Core Services

AI architecture and implementation
System design and integration
Safety monitoring and assessment
Training and support services
Custom model development

Ownership & Rights

Customer retains data ownership
Provider owns service IP/technology
Outputs belong to customer
Derivative works as specified

3. Enterprise Obligations

Usage Requirements

Authorized business use only
Follow safety protocols
Maintain security standards
Report issues promptly
Ensure user compliance

Restrictions

No unauthorized sharing
No competitive analysis
No reverse engineering
No harmful applications
No security circumvention

4. Data & Privacy

Data Handling

Enterprise data protection
Security protocols
Privacy compliance
Data retention policies
Breach notification

Security Measures

Encryption standards
Access controls
Monitoring systems
Regular audits
Incident response

5. Commercial Terms

Pricing & Payment

Enterprise pricing tiers
Payment terms
Usage monitoring
Service credits
Overage charges

Service Levels

Availability targets
Support response times
Performance metrics
Maintenance windows
Recovery objectives

6. Term & Termination

Duration

Initial term: 12 months
Auto-renewal terms
Termination rights
Notice periods
Effect of termination

Post-Termination

Data retrieval
Transition assistance
Final payments
Confidentiality obligations
Surviving provisions

[Additional sections on Warranties, Liability, Indemnification, and General Terms available upon request]

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