Scope and use of the subscription

The VIP subscription grants the Customer (being the legal entity that has taken out the subscription) the right to use VIp letter (“the Services”). The subscription may not be used by other people or organizations.

Acceptance of the subscription

The subscription terms for the Services are accepted by the Customer by paying the Vip membership fee and forward it by email to contact@tokenpadock.com.

Duration and termination of the subscription

The monthly  subscription runs from the date the Customer pays for VIP Membership to the end of the next 31 day.

The agreement cannot be terminated for a period of subscription already initiated and the Customer will not be entitled to a refund for that subscription period.

A discount is applicable for annual prepayment.

The agreement cannot be terminated for a period of subscription already initiated and the Customer will not be entitled to a refund for that subscription period.

Operating stability

Tokenpaddock aims to provide the highest possible degree of operating stability, but is not responsible for any breakdown caused by factors beyond its control. Such breakdown includes but is not limited to power failures, errors occurring in modem equipment, ADSL connections, telecommunications connections or the like. In all events, Tokenpaddock aims to re-establish normal operations as quickly as possible.

Maintenance of the System

Tokenpaddock is entitled to make operational changes to the System for improvements or otherwise (for example by developing or updating software) without giving the Customer prior notice. In some circumstances, it may be necessary to suspend access to the Services, usually between 9pm and 6am CET. Notice of such a suspension will be given to the Customer in advance. Tokenpaddock will not be responsible for any consequences of such a suspension where notice has been given.

Rights

The website and all published content remains the full property of Tokenpaddock. Individually customized software relating to the Services may not be the property of Tokenpaddock unless otherwise stipulated. Tokenpaddock may at any time transfer its rights and obligations under this agreement to any economic affiliate, subsidiary or business unit, or any of their affiliated companies or divisions. Except as provided above, the rights and obligations under this agreement may not be transferred to any third party without the written consent of the other party.

Liability of Tokenpaddock

Tokenpaddock has taken reasonable measures to ensure that the Services are safe to use but no warranty is given that the Services are free from infection from viruses etc., and Tokenpaddock shall have no liability if this is not the case. To the extent permitted by law, Tokenpaddock disclaims all warranties with respect to the Services, either express or implied, including but not limited to any implied warranties of suitability or fitness for any particular purpose.

Tokenpaddock shall not be liable to the Customer for any loss or damage caused (including business interruption) arising directly or indirectly, except to the extent that such liability may not be lawfully excluded under the applicable law.

Data Processing Agreement, privacy policy and Confidentiality

The Data Processing  is part of the Agreement and sets out contractual provisions to ensure the protection and security of data passed from the Customer and to Tokenpaddock for processing.

Tokenpaddock has taken the necessary technical and organizational security measures to prevent information saved by the Service from being accidentally or illegally destroyed, lost or wasted and to prevent such information from falling into the hands of any unauthorized party, being misused or otherwise treated in a way contrary Tokenpaddock’s privacy policy (see: https://tokenpaddock.com/privacy-policy).

Tokenpaddock is bound by secrecy in respect of any information received about the Customer and will not disclose such information to any third party except where it is required to do so by any court or regulatory authority and then only to the extent necessary.

Marketing

Tokenpaddock shall be entitled to refer to the Customer and the Services provided in its marketing, including a brief description of such services.