Terms of Services Agreement

Effective Date: October 24, 2025

By ordering, using, or benefiting from the services of Verity Applications LLC (“Developer”, “we”, “our”), you (“Client”, “you”) agree to the following Terms of Service (“Terms”).

If you do not agree, please do not use our services.

1. Scope of Services

Developer provides software design, development, and related digital services (“Services”) as described in written proposals, project briefs, or online forms completed by Client. Any additional features or changes may require a separate written confirmation or updated quote.

2. Payments and Billing

Client agrees to pay all fees stated in the proposal.

Payments must be made to Developer’s designated bank account.

Late payments may result in delayed delivery or suspension of Services.

Client is responsible for any applicable taxes, VAT, or bank transfer fees.

All payments must comply with local banking and AML/KYC requirements. Developer may request information needed by the bank to process or verify transactions.

3. Intellectual Property

Upon full payment, Client owns the final software deliverables created specifically for them.

Developer retains ownership of its underlying tools, code libraries, frameworks, or design elements used in the project.

Developer grants Client a perpetual, non-exclusive license to use these elements as part of the final deliverable.

4. Confidentiality

Both parties agree to keep confidential any non-public business or technical information shared during the project. Confidentiality obligations remain for three (3) years after project completion.

5. Acceptance and Warranty

Developer will deliver the work based on the agreed specifications.

Client must review and report any major issues within 7 days of delivery.

Developer will make reasonable corrections for confirmed defects reported within 30 days of delivery.

Beyond that period, further updates or fixes are treated as new work.

6. Limitation of Liability

Developer’s total liability under this Agreement is limited to the total amount paid by Client for the Services.
Developer shall not be liable for indirect or consequential damages such as loss of profit or data.

7. Compliance and Legal Use

Both parties agree to comply with all applicable laws and banking regulations, including anti-money-laundering (AML) and know-your-customer (KYC) rules.

Client warrants that the project will not be used for any unlawful or restricted purpose.

Developer may suspend or terminate the Services if required by banking, financial, or legal compliance requests.

8. Data Protection

If Developer processes personal data on behalf of Client, Developer will use appropriate security measures and process it only for purposes necessary to deliver the Services. Client is responsible for having the right to share any such data.

9. Termination

Either party may terminate the Services with written or electronic notice if the other party materially breaches these Terms.
Client must pay for all work completed up to the termination date.

10. Governing Law

This Agreement shall be governed by the laws of the Republic of Armenia, unless otherwise required by Client’s local law.
Any dispute shall be resolved by the competent courts of Yerevan, Armenia, or through mutual online mediation if agreed.

11. Electronic Acceptance

By ordering, paying for, or using any of our Services, you acknowledge that you have read, understood, and agree to these Terms of Service.

No physical or electronic signature is required for this Agreement to be binding.

Developer: Verity Applications LLC

Email: contact.verity@protonmail.com