Client wishes to engage Vetren to provide its artificial intelligence model and related services for assisting military veterans, as described in Vetren’s website (“Services”).
This Agreement shall commence on [Insert Date] and shall continue for a period of two (2) years.
During the term of this Agreement, Client may only use Vetren’s services for the purpose of creating artificial intelligence models for assisting military veterans.
Vetren agrees to maintain the confidentiality of Client’s information, and shall use such information only for the purpose of providing the Services.
Vetren shall retain all right, title, and interest in and to the Vetren artificial intelligence model and all intellectual property rights related thereto.
Vetren represents and warrants that: (a) it has the right to enter into this Agreement; (b) the Services will be performed in a professional and workmanlike manner; (c) the Services will be performed in accordance with the terms of this Agreement; and (d) the use of the Services by Client will not infringe the intellectual property rights of any third party.
Vetren shall not be liable to Client for any indirect, incidental, special, or consequential damages arising out of or in connection with this Agreement or the use of the Services, regardless of whether such damages were foreseeable.
Either party may terminate this Agreement upon written notice to the other party if the other party breaches any material term or condition of this Agreement.
This Agreement constitutes the entire agreement between the parties and supersedes all prior understandings, agreements, representations, and warranties, both written and oral, relating to the subject matter of this Agreement.
This Agreement may not be amended except in writing signed by both parties.
The failure of either party to enforce any right under this Agreement shall not be deemed a waiver of that right or any other right.
This Agreement shall be governed by and construed in accordance with the laws of the California/ United States.
If a dispute arises out of or relates to this contract, or the breach thereof, and if the dispute cannot be settled through negotiation, the parties agree first to try in good faith to settle the dispute by mediation administered by the American Arbitration Association under its Commercial Mediation Procedures before resorting to arbitration, litigation, or some other dispute resolution procedure.
For a period of 10 years following the termination of this agreement, the Employee shall not directly or indirectly engage in or support any business or employment that competes with the Company or use any confidential or proprietary information or techniques of the Company for their benefit or the benefit of any competitor. The Employee acknowledges that the confidential information and techniques of the Company are unique and valuable assets and that their unauthorized use or disclosure would cause the Company irreparable harm.