These terms and conditions "Agreement" govern the engagement between Kalotia Developments "Company" and partners or investors "Partner(s)" who wish to collaborate, invest, or engage in business activities with the Company. By entering into any agreement or engagement with Kalotia Developments, Partners agree to be bound by the following terms and conditions:
Nature of Engagement
The engagement between the Company and Partners is based on mutual collaboration, investment, or business activities related to property development projects. The specific terms and scope of the engagement shall be outlined in a separate agreement or contract between the Company and the Partner.
Confidentiality
Partners agree to maintain the confidentiality of any proprietary or confidential information shared by the Company during the course of the engagement. This includes but is not limited to project plans, financial information, trade secrets, and any other information deemed confidential by the Company.
Intellectual Property
All intellectual property rights, including but not limited to trademarks, copyrights, patents, and trade secrets, associated with the Company's projects, designs, or materials shall remain the exclusive property of the Company. Partners shall not reproduce, distribute, or use the Company's intellectual property without prior written consent.
Indemnification
Partners shall indemnify and hold harmless the Company, its directors, officers, employees, and agents from any claims, losses, damages, liabilities, or expenses arising out of or related to the Partner's actions, negligence, or breach of any terms of this Agreement.
Limitation of Liability
The Company shall not be liable for any direct, indirect, incidental, special, or consequential damages arising out of or in connection with the engagement, including but not limited to lost profits, business interruption, or loss of data, regardless of the cause of action or theory of liability.
Termination
Either party may terminate the engagement by providing written notice to the other party. In the event of termination, the parties shall fulfill any remaining obligations as outlined in the separate agreement or contract, and any provisions of this Agreement that, by their nature, survive termination shall continue to apply.
Governing Law and Jurisdiction
This Agreement shall be governed by and construed in accordance with the laws of the jurisdiction in which the Company operates. Any disputes arising under or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts in that jurisdiction.
Entire Agreement
This Agreement constitutes the entire agreement between the Company and Partners and supersedes all prior discussions, understandings, or agreements, whether oral or written, relating to the subject matter herein.
Amendments
The Company reserves the right to amend or modify these terms and conditions at any time, without prior notice. Partners are encouraged to review this Agreement periodically for any updates or changes.
By engaging, collaborating, or investing with Kalotia Developments, Partners acknowledge that they have read, understood, and agreed to abide by these terms and conditions. This Agreement sets forth the understanding between the Company and Partners and governs the relationship between the parties during the course of their engagement.
© 2023 Kolotia Developments
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