Updated: July 17, 2025
This master subscription agreement (hereinafter “MSA”) is an agreement between you or
the entity that you represent (hereinafter “You” or Your” and Profit the business
management Software as a Service (hereinafter “Profit” or “Service”). The MSA governs
your usage of Profit.co from the date of signing up for the application. By signing up
to Profit, you agree to the terms of this agreement. This Agreement was last updated on
July 17, 2025. It is effective between You and Us as of the date of You accepting this
Agreement.
1. Definitions
- “Affiliate” means any entity which directly or indirectly controls, is
controlled by, or is under common control with the subject entity. Control”, for
purposes of this definition, means direct or indirect ownership or control of
more than 50% of the voting interests of the
subject entity.
- “Agreement” means collectively this Master Software as a Service
Agreement and any Orders or Statements of Work, as well as any amendments,
attachments, or schedules thereto.
- “Customer” means the customer named above and its affiliates.
- “Customer Data” means all data processed by Profit.co or submitted by or
for Customer in connection with any Order in place between Customer and
Profit.co, including Personal Data.
- “Documentation” means Profit.co’s user guides, installation manuals and
writings that describe the features and functions of the Services, as well as
all policies relevant to the Services.
- “Implementation Services” means services provided by Profit.co pursuant
to a Statement of Work in order to implement the Services.
- “Order” means an ordering document (including any online order)
specifying the Services to be provided hereunder that is entered into between
Customer and Profit.co. By entering into an Order hereunder, an Affiliate agrees
to be bound by the terms of this Agreement as if it
were an original party hereto.
- “Personal Data” means any data relating to an identified or identifiable
natural person; an identifiable natural person is one who can be identified, or
located directly or indirectly, in particular by reference to an identifier such
as a name, an identification number, location data, an online identifier or to
one or more factors specific to the physical, physiological, genetic, mental,
economic, cultural or social identity of that natural person, or any information
that is subject to laws relating to data privacy and/or protection.
- “Services” means Profit.co’s software as a service and related systems
and technologies made available by Profit.co pursuant to an Order.
- “Statement of Work” means the written document describing the
Implementation Services to be performed by the Profit.co and will include, at a
minimum, a description of the Implementation Services to be performed, the
timeframe for completion of the Implementation Services and the fees to be
charged.
2. Profit.co Responsibilities
2.1 Provision of Services
Profit.co will (a) make the Services purchased under an Order available to Customer
pursuant to this Agreement; (b) provide the Services in accordance with any applicable
uptime commitments set forth in Exhibit A to this Agreement, but will in no event, use
less than commercially reasonable efforts to make the Services available 24 hours a day,
7 days a week, except for planned downtime of which, to the extent exceeding five
continuous minutes, Profit.co will provide Customer at least 48 hours’ prior written
notice, and: (c) provide support and maintenance as set forth in Exhibit B.
2.2 Implementation Services
If Profit.co is to provide Implementation Services, the Parties will execute a Statement
of Work (“SOW”). Services shall be provided in a timely, efficient and professional
manner to Customer’s reasonable satisfaction. All SOWs will reference this Agreement and
be governed by its terms. Any changes to a SOW must be made in writing and signed by
both Parties. The terms of this Agreement will govern in the event of a conflict between
the SOW and this Agreement. Any expenses required to perform Implementation Services
will be pre-approved in writing by Customer and incurred by Profit.co in accordance with
the Customer.
2.3. Performance and Features
Profit.co represents and warrants that (a) the Services will perform materially in
accordance with the commitments set forth in the exhibits to this Agreement, including
service levels, or applicable Documentation and is free from frequent defects; and (b)
Profit.co will not materially decrease the functionality of the Services during a
subscription term.
2.4. Protection of Customer Data
Profit.co’s data security policy is available at
https://www.profit.co/data-security/ and is updated from time-to-time. Before
providing necessary access to Customer Data to a third party service provider, Profit.co
will ensure that the third party maintains reasonable data practices not materially less
protective than as described in the Customer Information Security Policy for maintaining
the confidentiality and security of the Customer Data and preventing unauthorized access
to or use of the Customer Data, which may be changed by Customer without notice to
Profit.co. Additionally, Profit.co shall comply in full with its own security policies
and will use commercially reasonable efforts to protect Customer Confidential
Information using best industry practices.
2.5. Profit.co Personnel
Profit.co will be responsible for the performance of its personnel (including its
employees, independent contractors and subcontractors) and their compliance with
Profit.co’s obligations under this Agreement.
2.6. Compliance with Laws
Profit.co shall be responsible for Customer Data while in its possession and represents
and warrants that it shall abide by all applicable local, state, national and foreign
laws and regulations in connection with providing the Service, including those related
to data privacy, international communications and the transmission of technical and
Personal Data.
3. Use and Access Grant and Restrictions
3.1. Use and Access Grant
Profit.co hereby grants to Customer and its employees, independent contractors,
subcontractors and agents, a worldwide, non-sublicensable, non-transferable (except as
provided in Section 12.10, Assignment), non-exclusive subscription for Customer’s use of
and access to the Service as specified in an associated Order, in accordance with the
Documentation and for Customer’s business purposes. Profit.co and its Affiliates reserve
all rights not expressly granted to Customers in this Agreement.
3.2. Customer Responsibilities
Customer will (a) be responsible for its users compliance with this Agreement; (b) be
responsible for the accuracy, appropriateness and legality of Customer Data; (c) use
commercially reasonable efforts to prevent unauthorized access to or use of the
Services, and notify Profit.co promptly of any such unauthorized access or use; and (d)
use the Services only in accordance with applicable laws and government regulations.
3.3. Usage Restrictions
Customer may not (a) make any Service available to, or use any Service for the benefit
of, anyone other than Customer and its employees, independent contractors,
subcontractors or agents; (b) upload, post, transmit, or otherwise make available to the
Service any content that (i) Customer knows or reasonably should know is unlawful or
tortious or (ii) that Customer does not have a right to make available under any
applicable law or under contractual or fiduciary relationships, or that infringes or
misappropriate any patent, trademark, trade secret, copyright or other proprietary
rights; (c) sublicense, resell, time share or similarly exploit the Services; (d)
knowingly upload, post, transmit, or otherwise make available any content or information
designed to interrupt, interfere with, destroy or limit the functionality of any
computer software or hardware or telecommunications equipment; (e) reverse engineer,
modify, adapt, or hack the Services, or otherwise attempt to gain unauthorized access to
the Services or its related systems or networks; or (f) access the Service or the
Documentation to build a competitive product or service.
4. Payment
4.1. Payment
Invoices will be submitted electronically or mail, according to the Customer’s standard
processes. Accurate amounts are due within forty-five days of invoice receipt date.
4.2. Taxes
Customers will bear all taxes, duties, and other government charges imposed on
Customer’s purchase of the Services, except taxes based on Profit.co’s income,
employment or property. Profit.co will accept Customer claims of tax exemption
accompanied by appropriate documentation.
4.3. Disputes
Customers may dispute an invoice in good faith by withholding only the disputed amount
and notifying Profit.co within forty-five days of invoice receipt, specifying the nature
of the dispute or mistake. The parties shall work together in good faith to promptly
resolve the dispute. Upon resolution, Customer will promptly pay the amounts owed or
Profit.co will promptly refund received monies to which it is not entitled, as the case
may be. Failure to dispute amounts on a particular invoice will not constitute a general
waiver of rights to dispute other invoices. No set-off, deduction, or
cross-collateralization will be permitted.
5. Proprietary Rights
5.1. Reservation of Rights by Profit.co
Subject to the limited rights expressly granted in this Agreement, Profit.co reserves
all rights, title and interest in and to the Services, including all related
intellectual property rights. No rights are granted to Customers under this Agreement
other than as expressly set forth herein.
5.2. Reservation of Rights by Customer
Subject to the limited rights expressly granted in this Agreement, Customer reserves all
rights, title and interest in and to the Customer Data, including all related
intellectual property rights. No rights are granted to Profit.co under this Agreement
other than as expressly set forth herein.
5.3. Limited License to Customer Data
Customer grants Profit.co (including its third party hosting providers acting on its
behalf, if applicable) a worldwide, non-exclusive, limited term license to access, use,
copy, distribute, perform and display Customer Data only (a) to provide, maintain, and
update the Services; (b) to prevent or address service or technical problems or at
Customer’s request in connection with customer support matters; or (c) as compelled by
law in accordance with the “Confidentiality” section below or as expressly permitted in
writing by Customer.
6. Term and Termination
6.1. Term of Agreement
This Agreement commences on the Effective Date and continues until the subscriptions
granted in accordance with this Agreement have expired or been terminated (the “Term”).
Termination of this Agreement will terminate any and all Order under this Agreement
unless the Parties agree in writing that an Order shall be subject to the terms and
conditions of this Agreement until its completion.
6.2. Term of Subscriptions
Subscriptions commence on the start date specified in the applicable Order and continue
for the subscription term specified therein. Profit.co will provide Customer ninety (90)
day written notification of a renewal prior to the expiration of the current term. Any
renewal will be made in writing and signed by both parties. The subscription pricing
during any renewal term will be the same as that during the immediately prior term.
6.3. Termination for Cause
Either party may terminate this Agreement effective after thirty (30) days’ written
notice if the other party materially breaches the Agreement and such breach is not cured
within the notice period.
6.4. Customer Termination
Customer may terminate this Agreement upon written notice (i) in the event of a Force
Majeure event that causes the Service to be unavailable for more than 15 calendar days;
(ii) if Profit.co breaches its confidentiality obligations; (iii) if Profit.co breaches
its obligations under Section 2.4 (Protection of Customer Data) or Section 2.6,
(Compliance with Laws); or (iv) if Profit.co fails to meet the uptime requirements of
the Services set forth in any exhibit to this Agreement or that is contained in the
Documentation in any 3 consecutive months or 3 times in a rolling 6-month period.
6.5. Refund or Payment upon Termination
You will be invoiced annually in advance for the initial subscription term and any
subsequent renewals. Payment is due upon receipt of the invoice. If you cancel your
subscription, your account will remain active until the end of the annual billing
period. Cancellations will take effect at the conclusion of the current subscription
term, with no prorated refunds for unused portions.
6.6. Transition Assistance
Beginning on the date that a party notifies the other party of an expiration or
termination of this Agreement or an Order, and continuing for a period of up to 180 days
after such expiration or termination, upon Customer’s request, Profit.co shall provide
termination assistance services. The quality and level of performance during the
termination assistance period shall not be degraded from the level of Service required
during the Term.
7. Representations and Warranties; Disclaimer
7.1. Representation
Each party represents that it has validly entered into this Agreement and has the legal
power to do so.
7.2. Intellectual Property
Profit.co represents and warrants that (a) the Services do not infringe on any third
party intellectual property right; and (b) Profit.co owns all right, title and interest
in and to the Services and Profit.co has the right to grant Customer all the rights set
forth in this Agreement.
7.3. Disclaimer
EXCEPT AS EXPRESSLY PROVIDED FOR HEREIN, THE PROFIT.CO MAKES NO EXPRESS OR IMPLIED
WARRANTIES, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY, OR FITNESS FOR A
PARTICULAR PURPOSE. CUSTOMER ACKNOWLEDGES THAT PROFIT.CO DOES NOT WARRANT THAT THE
SERVICES WILL BE UNINTERRUPTED OR ERROR-FREE.
8. LIMITATION OF LIABILITY
8.1. Limitation of Liability
SUBJECT TO THE EXCEPTIONS IN 8.2 BELOW, NEITHER PARTY WILL BE LIABLE TO THE OTHER FOR
ANY INDIRECT, SPECIAL, CONSEQUENTIAL, INCIDENTAL OR PUNITIVE DAMAGES, INCLUDING WHERE
THE APPLICABLE CLAIM IS BASED ON LOST GOODWILL, LOST PROFITS, LOSS OF USE OR PERFORMANCE
OF ANY PRODUCTS, SERVICES OR OTHER PROPERTY, LOSS OR IMPAIRMENT OF DATA OR SOFTWARE, OR
OTHERWISE, AND WHETHER THE APPLICABLE CLAIM ARISES OUT OF BREACH OR EXPRESS OR IMPLIED
WARRANTY, CONTRACT, TORT, STRICT PRODUCT LIABILITY OF OTHERWISE, REGARDLESS OF WHETHER
PARTY HAS BEEN NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES OR IF SUCH DAMAGES WERE
REASONABLY FORESEEABLE. EACH PARTY’S ENTIRE AGGREGATE LIABILITY FOR ANY CLAIMS RELATING
TO THE SERVICES OR THIS AGREEMENT WILL BE LIMITED TO AN AMOUNT EQUAL THE SUM OF ALL FEES
PAID AND PAYABLE BY CUSTOMER UNDER THIS AGREEMENT FOR SIX MONTHS.
8.2. EXCEPTIONS
THE LIMITATIONS OF LIABILITY IN 8.1 ABOVE WILL NOT APPLY TO (I) CLAIMS RELATING TO
INFRINGEMENT OF EITHER PARTY’S INTELLECTUAL PROPERTY; (II) PROFIT.CO’S OBLIGATIONS SET
FORTH IN SECTION 2.4 (PROTECTION OF CUSTOMER DATA), SECTION 2.6 (COMPLIANCE WITH LAWS)
SECTION 9 (INDEMNIFICATION) AND SECTION 10 (CONFIDENTIALITY); OR (III) A PARTY’S GROSS
NEGLIGENCE OR WILLFUL MISCONDUCT.
9. Indemnification
9.1. Intellectual Property Indemnification
Profit.co shall indemnify, defend and hold harmless Customer, its Affiliates, and their
respective officers, directors, employees, contractors, successors and assigns from and
against any and all third party claims, actions, demands, costs and expenses, including
reasonable attorneys’ fees, alleging that the use of the Services or Documentation
infringes or misappropriates a third party’s patent, copyright, trademark, trade secret
or other intellectual property right. Whenever Profit.co is responsible under the
preceding sentence, Profit.co may, at its option, either procure the right for Customer
to continue using, or may replace or modify the alleged infringing Service so that the
Service becomes non-infringing. If those alternatives are not reasonably achievable,
Profit.co may terminate the affected Service without termination liability to Customer
and refund to Customer all fees on a prorated basis.
9.2. General Indemnification
Profit.co shall defend, indemnify and hold harmless Customer, its Affiliates, and their
respective officers, directors, employees, contractors, successors and assigns from and
against any and all claims, actions, demands, costs and expenses, including reasonable
attorneys’ fees, from and against claims (i) arising from breach of a representation,
warranty or material obligation of this Agreement; or (ii) arising from Profit.co’s
negligence or willful misconduct.
9.3. Indemnification Procedure
The party seeking indemnification will promptly notify the other party of the claim and
cooperate in defending claims. Failure to provide timely notice or reasonable assistance
will relieve the indemnifying party of its indemnity obligations hereunder to the extent
the indemnifying party has been materially prejudiced. The indemnifying party will have
full control and authority over the defense, including appeals, negotiations, and any
settlement, except that: (a) it may not make an admission of fault on behalf of the
other party without written consent, (b) any settlement requiring the party seeking
indemnification to admit liability requires prior written consent, not to be
unreasonably withheld or delayed, and an appropriate confidentiality agreement
prohibiting disclosure of the terms of such settlement must be included; and (c) the
other party may join in the defense with its own counsel at its own expense. The
indemnifying party will (i) retain and pay attorneys and court costs as part of its
defense obligation, (ii) reimburse the other party for reasonable out‐of‐pocket expenses
that it incurs in providing assistance, and (iii) pay the amount of any resulting
adverse final judgment (including any award of attorneys’ fees, costs and punitive
damages), penalties, sanctions or settlement.
10. Confidentiality
10.1. Definition of Confidential Information
As used herein, “Confidential Information” means all confidential information disclosed
by a party (“Disclosing Party”) to the other party (“Receiving Party”), whether orally
or in writing, that is designated as confidential or that reasonably should be
understood to be confidential given the nature of the information and the circumstances
of disclosure. Confidential Information of Customer shall include Customer Data; and
Confidential Information of each party shall include the terms and conditions of this
Agreement and all Order Forms, as well as business and marketing plans, technology and
technical information, product plans and designs, and business processes disclosed by
such party. However, Confidential Information shall not include any information that (a)
is or becomes generally available to the public without breach of any obligation owed to
the Disclosing Party; (b) was known to the Receiving Party prior to its disclosure by
the Disclosing Party without breach of any obligation owed to the Disclosing Party; (c)
is received from a third party without breach of any obligation owed to the Disclosing
Party; or (d) was independently developed by the Receiving Party.
10.2. Protection of Confidential Information
The Receiving Party shall use the same degree of care that it uses to protect the
confidentiality of its own confidential information of like kind (but in no event less
than reasonable care) (a) not to use any Confidential Information of the Disclosing
Party for any purpose outside the scope of this Agreement; and (b) except as otherwise
authorized by the Disclosing Party in writing, to limit access to Confidential
Information of the Disclosing Party to those of its and its Affiliates’ employees,
contractors and agents who need such access for purposes consistent with this Agreement.
Neither party shall disclose the terms of this Agreement or any Order to any third party
other than its Affiliates, its legal counsel and accountants or in confidence in
connection with a third party due diligence request supporting a financing, financial
covenant compliance or non-ordinary course of business corporate transaction.
10.3. Compelled Access or Disclosure
The Receiving Party may access or disclose Confidential Information of the Disclosing
Party if it is compelled by law to do so, provided the Receiving Party gives the
Disclosing Party prior notice of such compelled access or disclosure (to the extent
legally permitted) and reasonable assistance, at the Disclosing Party’s cost, if the
Disclosing Party wishes to contest the access or disclosure. If the Receiving Party is
compelled by law to access or disclose the Disclosing Party’s Confidential Information
as part of a civil proceeding to which the Disclosing Party is a party, and the
Disclosing Party is not contesting the access or disclosure, the Disclosing Party will
reimburse the Receiving Party for its reasonable cost of compiling and providing secure
access to such Confidential Information. Each Party acknowledges the economic value of
the other Party’s Confidential Information, and that irreparable harm could result if
any obligation under this Section is not performed by a Receiving Party. Disclosing
Party shall be entitled to seek such injunctive or equitable relief as may be deemed
proper by a court of competent jurisdiction to prevent disclosure of its Confidential
Information. Disclosing Party shall not be deemed to have made an election of remedies
by obtaining, or seeking to obtain, injunctive or equitable relief.
10.4. Return of Confidential Information
Confidential Information is the property of the Disclosing Party. Within twenty days of
Disclosing Party’s written request, Receiving Party shall return to Disclosing Party or
destroy, at Disclosing Party’s option, Confidential Information, including all copies
thereof and materials containing the same. Within ten days of the Disclosing Party’s
written request, the Receiving Party shall certify in writing that it has satisfied its
obligations under this Section. Notwithstanding the foregoing, nothing in this Agreement
shall be construed to require either party to return or destroy: (a) Confidential
Information that has been electronically archived in the ordinary course of business for
disaster recovery and similar purposes, or (b) Confidential Information that the
receiving party is required to retain under applicable law; provided in either case that
such retained Confidential Information shall not be disclosed or used for purposes
contrary to the terms of this Agreement.
11. Disaster Recovery
11.1 Disaster Recovery Plan
Upon request by Customer, Profit.co shall submit a detailed plan which is reasonably
designed to allow Profit.co to continue to provide all Services without any material
interruption in the event of a Force Majeure event or disaster (the “Disaster Recovery
Plan”). If there is a disaster, including any force majeure event, Profit.co shall not
increase its fees under this Agreement or charge Customer any additional fees and if
Services hereunder are impacted as a result, any recurring charges shall be adjusted in
a manner such that Customer is not responsible for the payment of any charges for
Services that Profit.co fails to provide.
12. General Provisions
12.1. Publicity
Neither party shall have the right to use the other party’s name, logo, trademark or
other proprietary marks in connection with this Agreement, except as expressly
authorized in writing by the other party.
12.2. Force Majeure
Neither party shall be liable hereunder by reason of any failure or delay in the
performance of its obligations due to events beyond the reasonable control of such
party, which may include floods, fires, hurricanes, acts of God, war, terrorism, or
governmental action. When a party’s delay or non-performance continues for a period of
five days or more, the other party may terminate the Agreement or affected Order without
penalty. Any pre- paid amounts shall be refunded to the Customer on a prorated basis.
The act or omission of a third-party contractor shall not be considered a force majeure
event.
12.3. Insurance
During the term of the Agreement, Profit.co will, at its cost, maintain (a) industry
standard insurance coverages, including, without limitation, general commercial
liability, worker’s compensation, technology errors and omissions/information security,
and automobile policies, and (b) and any other insurance required by law in any state or
country where Profit.co provides Services under this Agreement. All policies will be
written by reputable national insurance carriers.
12.4. Anti-Corruption Compliance
Profit.co agrees to abide by the federal anti corruption laws that are in effect and
updated from time-to-time.
12.5. Relationship of the Parties
The parties are independent contractors. This Agreement does not create a partnership,
franchise, joint venture, agency, or fiduciary or employment relationship between the
parties.
12.6. No Third-Party Beneficiaries
There are no third-party beneficiaries to this Agreement.
12.7. Notices
All notices hereunder will be in writing to the addresses below the signature line.
Notices must be provided as follows, and will be deemed given: (i) one day after deposit
with an overnight courier, charges prepaid; (ii) three days after mailing by first
class, certified, or registered U.S. Mail, charges prepaid, return receipt requested;
and (iii) when delivered by hand with confirmed receipt.
12.8. Waiver
No failure or delay by either party in exercising any right under this Agreement shall
constitute a waiver of that right.
12.9. Severability
If any provision of this Agreement is held by a court of competent jurisdiction to be
contrary to law, the provision shall be modified by the court and interpreted so as best
to accomplish the objectives of the original provision to the fullest extent permitted
by law, and the remaining provisions of this Agreement shall remain in effect.
12.10. Assignment
Neither party may assign any of its rights or obligations hereunder, whether by
operation of law or otherwise, without the prior written consent of the other party (not
to be unreasonably withheld). Notwithstanding the foregoing, Customer may assign this
Agreement in its entirety without Profit.co consent to its Affiliate or in connection
with a merger, acquisition, corporate reorganization, or sale of all or substantially
all of its assets. Any other assignment or transfer will be void and of no effect.
Subject to the foregoing, this Agreement shall bind and ensure to the benefit of the
parties, their respective successors and permitted assigns.
12.11. Governing Law, Venue
This Agreement and all acts, transactions, rights, and obligations relating thereto will
be governed by and construed under the laws of the State of Delaware, without giving
effect to principles of conflicts of law. All disputes will be resolved exclusively in
the federal or state courts located in Delaware, and each Party consents to the personal
jurisdiction and exclusive venue of those courts for that purpose. The Parties
acknowledge that there could be certain disputes between them that should be resolved,
if possible, in a manner that preserves the on-going business relationship between the
Parties.
12.12. Escalation Process
If the day-to-day relationship managers are unable to resolve an issue arising under the
Agreement within five business days of the written initiation of the dispute, they will
escalate the issue to the senior level executives responsible for the overall
relationship. The representatives will use good faith efforts to promptly meet and
diligently work together to resolve the issue. If the representatives are unable to
resolve such issue within ten business days, then either Party may provide written
notice within five business days thereafter, to institute mandatory, non-binding
mediation pursuant to Section 12.13 before resorting to legal action. If neither Party
initiates mediation, then each Party has the right to pursue its contract, legal and
equitable remedies provided, however, that the mediation process will not limit
immediate seeking of injunctive relief.
12.13. Subcontracting
Profit.co shall be responsible and legally accountable for the work and activities of
its subcontractors, including compliance with the terms of this Agreement.
12.14. Surviving Provisions
All provisions of this Agreement regarding payment, confidentiality, indemnification,
limitations of liability, proprietary rights and such other provisions that by fair
implication require performance beyond the term of this Agreement shall survive
expiration or termination of this Agreement until fully performed or otherwise are
inapplicable.
Exhibit A: Service Level
Profit.co shall use commercially reasonable efforts to maintain availability of the
Services it provides under this Agreement 99.9% of the time. In the event Profit.co
fails to meet this standard, in addition to the credits due Customer as set forth in
this Exhibit, Customer has the right to terminate any Order or the Agreement in
accordance with the Termination section of the Agreement.
1. Unavailability
“Unavailability” means the period during which the Services are not functioning in a
manner that permits Customer access and use of the Services in accordance with the
Documentation, the Agreement and/or any applicable Order. Unavailability is measured
over each calendar quarter and is based on total outage time incurred by the customer.
Unavailability is deemed to have occurred from the time that Unavailability is reported
to Profit.co until the affected Service is available to transmit and receive Customer
Data.
2. Credits
Instances of Unavailability, beyond the SLA will result in the following credits due to
Customer (in addition to any other remedies it might have):
(i) For aggregate Unavailability of between three and four hours in a calendar quarter,
Profit.co shall credit Customer (to be applied to other fees payable under this
Agreement) an amount equal to 5% of one months’ worth of fees for the Services.
(ii) For aggregate Unavailability of beyond four hours in a calendar quarter, Profit.co
shall credit Customer (to be applied to other fees payable under this Agreement) an
amount equal to 10% of one months’ worth of fees for the Services.
3. Reporting
If Customer reasonably believes that an instance of Unavailability has occurred,
Customer will notify Profit.co within 45 days after the end of the calendar quarter in
question. Within 14 days thereafter, Profit.co will provide factual reports to Customer
regarding all relevant outages during such quarter which sets forth the total
Unavailability during such period. If Customer elects to make a claim for a credit, it
must make such claim during the term of the relevant Order or within 180 days of its
termination. Failure by Customer to insist on a remedy with respect to any one or more
instances of such Unavailability will not constitute a waiver of its right to insist on
the same with respect to subsequent instances of Unavailability. The dollar amount of
any credits that cannot be applied to the Services due to termination of the Services in
question shall be paid to the Customer.
4. Credit Exceptions
Credits will not be given for Unavailability that is caused by the following
circumstances:
- Customer’s acts or omissions
- Emergency maintenance
- Services upgrade maintenance windows of which Customer has been provided advance
written notice
- Internet outages
- Force Majeure Events
5. Classification of Problems
Profit.co shall classify each problem encountered by Customer according to the following
definitions and will use reasonable commercial efforts to address the problem in
accordance with such classification according to the table below.
| Priority code |
Priority description |
Expected response times |
| P1 |
Mission Critical Services are down causing critical impact to business
operations; no workaround available. |
Profit.co will provide a status update within one
(1) business hour of the initial occurrence of the issue and every hour
thereafter until the issue is resolved. |
| P1 |
Mission Critical Services are down causing critical impact to business
operations; no workaround available. |
Profit.co will provide a status update within one
(1) business hour of the initial occurrence of the issue and every hour
thereafter until the issue is resolved. |
| P2 |
High Services are significantly degraded and/or impacting significant
aspects of Customer’s business operations. |
Profit.co will provide regular status updates every 2 hours until
(i) the problem is resolved,
(ii) an acceptable workaround is found or
(iii) the problem is determined to be outside of Profit.co’s ability to
control. |
| P3 |
Degraded Operations Errors disabling only non- essential business
functions |
Profit.co will provide until
(i) the problem is resolved,
(ii) an acceptable workaround is found or
(iii) the problem is determined to be outside of Profit.co’s ability to
control. |
| P4 |
Minor Minor issue or request that has no impact on Services |
Profit.co will provide status updates until the problem is resolved.
|
Exhibit B: Support and Maintenance
As part of the regular subscription, standard support through chat, email and phone is
included. Software deployments to production instances happen on active mode without
interruptions to users. On occasion where major maintenance is involved, service will be
unavailable. In such situations, we pre announce such unavailability and usually
schedule them for the weekends.