Privacy Policy - Key2asset

This policy sets out the data protection practices of Giant Leap Technologies B.V. (Hereafter Key2Asset). Please take time to review this policy carefully, as it tells you how we will treat your personal information.

In order to make unconditional use of the Key2Asset web site and of our services, you must unconditionally agree to bind by this policy.

Periodic changes may need to be made to this policy to take into account any additional Key2Asset service functions, features or products that are developed and incorporated into the site from time to time. Any future changes will be posted to this policy and you may be notified of changes in our communications to you.

Please note that we cannot be responsible for the privacy policies and practices of other sites even if you access them using links from this site and we recommend that you check the policy of each site you visit.

Registration data

In order for you to be able to use Key2Asset services with no restrictions, we need you to agree to the following during registration. You agree that the data you have provided (name, birth date, address, email address, telephone number, bank account information or credit card information and access to the provider’s services) can be used for the authorized provision of the Key2Assetsystem, to administer your account and for payment processing in the name of and on behalf of the provider.

This personal data may be passed to:

The service provider (hereafter the “provider”) if you complain about services provided. Key2Asset may also transmit your personal data to providers for subscriptions or if the provider makes the transmission of personal data a mandatory condition for granting a service. Key2Asset may also transmit personal data to the provider for the use of mobile services and cell phone offers, but is not required to.
State institutions and authorities only if we are legally entitled or obliged to do so (for example if required by a Court or for the purpose of prevention of fraud or other crime).
A third party only as part of the reorganisation or a sale of the assets of Key2Asset, or having ensured that steps have been taken to ensure your privacy rights continue to be protected.
Other Key2Asset Group of companies.
Countries outside the European Economic Area (“EEA”). By way of example, this may happen if any of our servers are from time to time located in a country outside the EEA or one of the providers is located in a country outside the EEA. These countries may not have similar data protection laws to the EEA. If we transfer your information outside the EEA in this way, we will take steps to ensure that your personal data continues to be protected.

Other than as described above, no information will be passed on to any other third parties.

All personal data is collected, processed, stored and used in accordance with the provisions of the Data Protection Act 1998.

Cookies

Cookies are small files that make it easier for you to use our online offer. Your Internet browser receives these files automatically from our server and saves the cookies on your computer. Key2Asset uses two types of cookies, so-called session cookies and permanent cookies. We send a session cookie to your computer when you log in to your Key2Asset account by entering your email address and password. This has the following advantage for you:

If you visit several Key2Asset providers, the cookie helps you be recognized on each page. It is also not necessary to enter your password again. This makes our service easier and quicker to use. When you log out or close your browser, this cookie is deleted and is no longer effective.

We also use a permanent cookie. This has the advantage that your email address is always shown on the login page. This way you don’t have to enter your email again when you log in to the account management of your Key2Asset. The data contained on the cookie is encrypted and cannot be read by third parties.

You can set your browser so that it informs you when it accepts a cookie or so that it does not accept cookies. Please make sure that your browser settings allow cookies so that you can take advantage of all our services without any loss of quality.

Newsletter and product information

You also consent to have Key2Asset provide you with attractive product information and news about Key2Asset or partners of Key2Asset by email, by mail or by telephone. Key2Asset sends out newsletters on a regular basis to keep you informed about offers, news and services.

You can deactivate this service by using the cancellation hyperlink included in every email newsletter. You can also deactivate in your account management or by sending us an email to support@Key2Asset.com to the effect that you no longer wish to receive the newsletter.

This policy sets out the data protection practices of Key2Asset (which means Key2Asset). Please take time to review this policy carefully as it tells you how your personal information will be treated by us.

In order to make unconditional use of the Key2Asset web site and of our services, you must unconditionally agree to bind by this policy.

Your Information

Upon request, Key2Asset will inform you in writing or electronically which of your personal information is being stored, if any. You can revoke this agreement with effect for the future at any time in writing or by sending an email to support@Key2Asset.com. Note: After a revocation, it may necessary for us to maintain your data until such time as your Key2Asset account is settled and the invoicing period is over.

Contacting us

If at any time you would like to contact us with your views about our privacy practices, or with any enquiry relating to your personal information, you can do so by sending an e-mail to us at support@Key2Asset.com.

Disclaimer

Liability for content

The contents of this website have been created with utmost care. However, Key2Asset cannot guarantee the accuracy, completeness and up-to-dateness of the contents. The responsibility and the risks connected with the use of the information contained in this website stays in full with the user. Parts of the pages or the complete publication including all offers and information might be extended, changed or partly or completely deleted by Key2Asset without separate announcement. Key2Asset endeavours the uninterrupted availability of the service. Despite all due care and attention, downtimes cannot be precluded.

Liability for links

Our website includes links to other web pages on whose contents Key2Asset has no influence. Therefore we cannot assume responsibility for any of these foreign contents. The respective providers or operators are solely responsible for the content of the linked pages. At the time of including the links, the linked pages have been verified for eventual infringements and illegal contents and none was noticeable. Key2Asset has no influence on the current and future content of the linked pages. Permanent monitoring of the content of the linked pages is not reasonable, if there is no clear evidence for an infringement. In case infringements emerge, the corresponding links will immediately be removed.

Contractual relationship

The utilisation of the website of Key2Asset does not constitute any contractual relationship between the operator and the user. Thus, no contractual or other claim results against Key2Asset or any of its subsidiaries.

General terms and conditions

INTRODUCTION

1. General

2. Definition of Key2Asset Services and Products

CHAPTER I: Key2Asset SERVICES IMPLEMENTATION

3. General

4. Customer’s general Obligations

5. Price and Invoice

6. Payment terms

7. Fair Use Policy

8. Relationship of the Parties

9. Publicity

10. Intellectual Property Rights

11. Trademarks and other intellectual Property Rights

CHAPTER II: SIM CARD USAGE AND LOGISTIC

12. Ordering, Delivery

13. Sim Card Expiry

14. Registration

15. Defect Check & Return Process

CHAPTER III: SERVICING END USERS

16. Servicing End Users

17. Passing on Warranties and Disclaimers

CHAPTER IV: COMPLIANCE WITH LAW AND REGULATIONS

18. Compliance

19. Consumer

20. Compliance as to Registration

21. Usage of the Service

22. Indemnification

CHAPTER V WARRANTIES AND LIABILITY

23. As to the Services

24. Specific Conditions for Provisioning VoIP Service

25. Liability for the Services

26. Warranty and Liability for the Products

CHAPTER VI: DURATION AND TERMINATION; FINAL DISPOSITIONS

27. General

28. Service Amendments

29. Service Suspension

30. Miscellaneous

31. Governing Law and competent Jurisdiction

INTRODUCTION

1. General

Key2Asset (hereinafter referred to as the “Supplier” and/or “Key2Asset“) provides the Products and Services and Customer purchases such Products and Services under the conditions defined in these General Terms and Conditions (hereinafter referred to as the “GTCs”). Any pre-contractual and contractual relations between Key2Asset and Customer will be governed by the present GTCs, unless and in as far as explicitly otherwise agreed in writing between parties concerned. Customer acknowledges that he has been informed of and agrees with the present GTCs. Any stipulations included in documents issued by Customer, which do not conform to the present GTCs, will not be applicable. Customer explicitly acknowledges that his general conditions will not apply to the present agreement between Supplier and Customer. The term “Customer” used hereinafter shall duly refer to every such person or entity, marketing, promoting, selling distributing or otherwise being active in the sale or the distribution of Key2Asset’s Products and Services.

2. Definition of Key2Asset’s services and Products

Key2Asset is a high-quality national and international service provider in voice communications. Key2Asset offers a unique convergent solution using mobile telecommunication and Internet. For purposes of these GTCs, the term ” services ” shall refer, jointly or alternatively, i) to the provision of mobile telecommunication services by Key2Asset, ii) to Key2Asset’s broadband phone services (hereinafter referred to as ” VoIP “), iii) to all related software, such as, but not limited to, “MyAccount” as well as the MVNO and community tools, allowing customer to monitor and operates Key2Asset services. For purposes of these GTCs, the term ” product “, shall refer, jointly and alternatively, to the SIM cards and the recharges.

CHAPTER I: Key2Asset’s SERVICES IMPLEMENTATION

3. General

Key2Asset gives the Customer, for the term of the Agreement, a non-transferable and non-exclusive right to use the Services as customer, according to the applicable Product Information and according to the existing network coverage. However it is not possible to guarantee services that are completely free of interruption or interference, particularly not in cases of force majeure (avalanches, floods, war, unforeseeable orders by the authorities, electricity cuts, viruses, etc.). Details and conditions regarding the Services provided by Key2Asset are contained in the specific Service and Product Description. Information on the national and international availability is obtainable at any time free of charge from Key2Asset website. Information regarding the availability of services is always provided on a non-binding basis. The Customer acknowledges that Key2Asset’s Services can only be supplied if all the contractual and technical conditions have been fulfilled. Key2Asset is entitled to modify or cease its services at any time without giving prior notice thereof.

4. Customer’s general Obligations

Customer shall ensure to use and treat Key2Asset’s products and services lawfully and in compliance with these GTC’s, with any other contractual documents duly integrated to the contract and with any recommendations Suppliers may from time to time duly issue and give due notice to Supplier.

5. Price and Invoice

The price to implement Key2Asset’s services is specified in the Cover Contract and the applicable Price List specifies the prices for using Key2Asset’s services and buying Key2Asset’s products.
Unless otherwise expressly indicated, all such prices are excluding costs for delivery and transport and are exclusive of all applicable value added, sales, use, excise or other applicable taxes.
An invoice shall be issued by Supplier for any and all amount due by Customer. Customer shall pay Supplier all charges under this Agreement without deduction or set-off. All payments shall be made to Supplier’s bank account as stated on the invoice.
In the event Customer disagrees with any amount mentioned on the invoice, Customer shall notify Supplier within ten (10) working days in writing. The notification shall be by registered post. All billing will be in Euro or as otherwise agreed.

6. Payment terms

Customer agrees to pay all applicable charges for Key2Asset’s Services and Products in accordance with the applicable Price List.
Unless otherwise stated, all invoice amounts are required to be paid upfront on order.
Payment shall be considered as effected when Supplier receives the applicable funds for the full amount due in its account.
Any levies or bank charges that are due or may become due on the payment will be paid by Customer.
In the event of late payments, Supplier shall have the right to charge an interest ascending to the annual rate of 12% on the outstanding amount.
In case any charges, rates or prices are stated in currencies not being the Euro, these charges, rates or prices will be transferred to prices in Euro against the median currency exchange rate in effect on the day of the invoice.

7. Fair Use Policy

SIM card rates and tariffs assume fair usage of the Services by the customer. This includes, but is not limited to maintaining a ratio of outbound chargeable calls to inbound calls of more than 20% on customer’s account. In the event of fair usage not being sustained, Key2Asset reserves the right to review the rates and tariffs applied to customer’s account or to terminate the Services. Key2Asset may rely on the Fair Use Policy where customer’s (i) ratio of outbound chargeable calls to inbound calls and/or (ii) usage of Key2Asset Data Services is excessive or unreasonable, as defined below. In the case of Key2Asset telephony services, a ratio of outbound chargeable calls to inbound calls of more than 20% in more than two consecutive months is excessive use. It is unreasonable use of Key2Asset Services where customer’s use of Key2Asset Services is reasonably considered by Key2Asset to be fraudulent or to adversely affect the Key2Asset network or other Key2Asset customers’ use of or access to a Key2Asset Service or the Key2Asset network. Where customer is in breach of this Fair Use Policy, Key2Asset may contact customer to discuss changing customer’s usage so that it conforms to this Fair Use Policy. If, after Key2Asset has contacted customer, customer’s excessive or unreasonable use continues, Key2Asset may, without further notice to customer suspend or limit the service (or any feature of it) for any period Key2Asset thinks is reasonably necessary and/or terminate customer’s agreement with two weeks written notice.

8. Relationship of the Parties

It is agreed that, unless otherwise stated expressly, the Agreement does not grant to Customer any exclusive rights. Supplier shall be entitled to enter into a same or similar contractual relationship as that provided under this Agreement to other individuals or entities. The relationship between the parties established by the Agreement shall be solely as described by the Agreement and nothing herein contained shall be deemed to constitute a Partnership between the Parties. The powers not expressly granted to Customer are expressly reserved to Supplier. Customer shall have no right, power or authority in any way to bind Supplier to the fulfilment of any condition not herein contained, or to any contract or obligation, expressed or implied. Nothing contained in the Agreement, the Cover Contract and its Attachments shall be construed to make Customer the MVNO for Supplier for any purpose, and neither party hereto shall have any right whatsoever to incur any liabilities or obligations on behalf or binding upon the other. Customer specifically agrees that it shall have no power or authority to represent Supplier in any manner; and that it will not at any time represent orally or in writing to any person or corporation or other business entity that it has any right, power or authority expressly granted by this Agreement.

9. Publicity

Customer shall, on no occasion whatsoever, make any announcements or statements to the public or create any written materials concerning the relationship between the Parties or concerning Supplier’s product or business, without the prior written consent of Supplier. In particular, Customer shall be strictly prohibited to include any mentions or representations regarding the relationship with Supplier, or its product or business, in any document dedicated to Customer’s investor relations or to Distributor’s Initial Public Offering. Distributor may only do such publicity which strictly relates to, and whose purpose is strictly limited to, the sale of Supplier’s product.

10. Intellectual Property Rights

1. General: In the absence of written provisions to the contrary, all intellectual and industrial property rights held by either party shall remain the property of that party. Nothing in this Agreement shall be taken as giving the other party any right or license relating to the intellectual or industrial property rights belonging to the other party.

2. Material: In the event any marketing logo, works of authorship, training materials, telemarketing scripts, reports or data, any other proprietary information or promotional material in respect of Supplier’s products and services (” the Material”) is made, created developed or written, by either Party in accordance with the activities contemplated hereunder and/or with the performance of this Agreement, this Material shall be deemed the sole property of Supplier with royalty-free right of use thereof for the other party. Where under this Agreement either party creates a new document or any other material likely to be protected under the law relating to intellectual and industrial property, such rights shall be the exclusive property of the party which has produced the material and no rights shall be given to the other party unless a non-exclusive licensing agreement shall give the said other party the right of internal use of the document and/or the material concerned for the purposes of facilitating the performance of this Agreement. The parties undertake to make any agreements necessary for the application of the provisions of this article. Customer shall indemnify, defend and hold harmless Supplier against all claims, suits (threatened or actual), liabilities and expenses (including reasonable attorneys’ fees and expenses) arising out of or derived from whatsoever violation of intellectual property rights by Customer.

3. Right to Use Supplier will grant Customer a personal, non-transferable and non-exclusive license to use any of the software and documentation regarding the service supplied by Supplier during the present agreement. Supplier and its licensors, if any, will always possess the rights, property rights and interests in and in relation with the supplied software and documentation, including any intellectual property rights related thereto.

11. Trademarks and other intellectual Property Rights

Customer may resell and market the Communication Services under the brand of its choice. Customer shall not at any time during the term of Agreement or thereafter directly or indirectly use the Supplier’s Trademark(s) except in a manner and to an extent to which Supplier may specifically and expressly consent in writing. Customer hereby acknowledges that the use by it of the Trademark(s) shall not create or confer any ownership-right therein in favour of Customer. Nothing in this Agreement shall be construed as transferring any patents, utility models, trademarks, trade names, design patterns, copyrights or any equivalent intellectual property rights from one party to the other.

CHAPTER II: SIM CARDS USAGE AND LOGISTIC

12. Ordering, Delivery and Activation

1. General: All orders of Products pursuant to this Agreement shall be effected by the issuance of an Order Form by Customer. Such orders shall be firm and irrevocable and made in the way agreed from time to time by the parties. Customer will be responsible for the accuracy of all information contained in such order and fulfilment of the preconditions for the proper processing of the order in compliance with the agreed process. Such Order Form shall be fully filled in stating unit quantities, unit descriptions, applicable prices, and shipping instructions and any other details figuring in the Order Form. Supplier reserves the right to refuse, at its sole discretion, any order in cases such as, but not limited to: (a) the fulfilment of Customer‘s order is not possible because of technical and/or legal restrictions; or (b) the fulfilment of Customer’s order would constitute or give rise to a breach of this Agreement.

2. Order Placement: Orders for the Products are initiated when Customer sends an Order Form via email to the Supplier’s Sales Department during office hours. In order to ensure that all information to start the ordering process is available, the Order Form must be complete and duly signed by Customer.

3. Invoice: Supplier will send Customer a pro forma invoice, including the amount payable. An order shall be processed only upon receipt by Supplier of the invoiced amount.

4. Delivery & Shipment: Customer shall bear all costs and expenses incidents to Supplier’s shipment of the Products to it. Customer shall duly inform Supplier about the method of shipment and the carrier; being alternatively, the Post or any other private express carriers. Title to; and risk of loss or damage to; the Products sold by Supplier shall pass to Customer upon Supplier’s delivery thereof to the carrier at the shipping point, being Supplier’s office or alternatively the Post office, the carrier acting as Customer’s MVNO. All claims for damages must be filed with the Carrier. All shipments will normally be made following Customer’s instruction. Unless specific instructions from Customer specify the methods of shipment to be used, the Supplier will exercise his own discretion. Risk of loss or damage to the Products in transit without regard to any other circumstances surrounding the shipment, remains with Customer. In the event of miss-delivery, Supplier shall, on a reasonable efforts’ basis, aid Customer in dealing with the carrier in tracing the shipment and obtaining delivery. In case of failure to accept delivery at the time of the first tender, Customer shall be liable of any additional costs incurred and be responsible for any loss, damages, destruction of the goods that may occur thereafter, except where Supplier has expressly retained any risk to the goods until delivery.

5. Time of Delivery: Delivery dates and time set forth in any Customer’s order or other purchasing documents, or any confirmation thereof or statement by Supplier shall be deemed to be estimated only and subject to Supplier’s then current lead times for the products. Supplier shall bear no liability whatsoever for delay in delivering the product.

6. Import control: Customer shall be responsible to satisfy any import regulation and to obtain, as the case may be, any necessary import documentation prior to import any Product. Customer shall secure and obtain, at its sole expense, such import documents as are necessary for it to fulfil its obligations under this Agreement. Upon Customer’s specific request, Supplier shall on a reasonable efforts’ basis, provide supporting import document that Supplier may issue.

13. SIM Card Expiry

Should the SIM card still not be activated 180 days after delivery, the SIM card and the call value included therein shall expire and its related number invalidated, without any compensation payable to Customer. The moment when the SIM card is activated is the moment of the first incoming or outgoing call of a user. In the case Customer’s customer and End-users do not use the SIM Card or the call value components over a period of 180 days, Key2Asset reserves the right to deduct a charge of EUR 1.00 per month from the remaining credit balance of the account or phone number. With expiration of the credit the card shall be deactivated without prior notice. The phone number shall be lost without any compensation. NB: the applicable period of time prior to deactivation may vary from country to country and/or from product to product. No use shall be defined as no billable transaction per MSISDN over a period of 180 days in Key2Asset’s Billing System for the SIM. Billing transactions are, but not limited to, SMS sending, SMS reception, inbound call, outbound call.

14. Registration

Customer is obliged to verify the identity of each and every user to which Customer is selling a SIM card, to keep complete records including first name, last name, complete address and identification documents i.e. passport photocopy and to provide this information upon request of Supplier within 6 hours. In case the legislation of the State of the place of usual business of Customer has implemented more stringent legislation, Customer shall comply with such and shall keep Supplier harmless from any and all proceedings and/or costs caused by Customer’s unconformity. Upon Supplier’s request, Customer shall provide proof of the regulation’s framework of the State of its usual business place and prove of compliance thereof.

15. Defect Check & Return Process

Notwithstanding to the applicable Return Process as may be defined by Supplier, Customer shall not accept returns of Products without first checking with Supplier as to determining whether the problem relates to the Products or not. The Return Process is defined by Supplier. It may specify, amongst other, additional conditions and/or other occurrences in which, Supplier, on a without prejudice basis, shall agree to replace defective Products.

CHAPTER III: SERVICING END USERS

16. Servicing End Users

Except if otherwise is expressly agreed upon, Customer shall be responsible for communicating with its customers and users of the service, and for handling complaints and the due referral to Supplier’s Customer Service for trouble reports made by such customers in accordance with the mutually agreed procedure. Customer shall make sure that its customers and users are provided with up-to-date contractual and product literature. Customer shall duly refer to Supplier any facts or acts that would impinge upon Supplier’s rights and obligations when it considers as an experienced and entrusted business MVNO that Supplier should be put on notice.

17. Passing on Warranties and disclaimers

Customer shall distribute and sell Supplier’s Products and Services with the minimal warranties and disclaimers designated by Supplier and will require all its sub distributors and dealers, as the case may be, to adhere to the same obligations.

CHAPTER IV: COMPLIANCE WITH LAW AND REGULATIONS

18. Compliance

1. General Customer shall, at its own expense, comply with any governmental law, statute, ordinance, administrative order, rule or regulation applicable to the exercise and performance of its duties and obligations hereunder and under the other contractual documents and shall procure all licenses and authorizations and pay all fees and other charges required thereby.

2. Data Protection Customer shall comply with, whichever guidelines Supplier may stipulate in respect of, and with any applicable law as to the protection of data. In particular, Customer shall keep, save and operate only the data necessary to the proper performance of this Agreement, i.e. compliance with any laws and regulations, the proper service to Customer, the development of the quality of its services, the security of its service and of the infrastructure. All data gathered in the performance of this Agreement

19. Consumers

Customer shall insure that any documentation provided to end users, be in compliance with any local, national and international law applicable to the end users. If needed, Customer shall in particular insure that the above referred documentation, and appropriate modifications and additions to such documentation, be duly translated into the official language of the end users.

20. Compliance as to Registration

Supplier hereby draws to costumer’s attention to the strict observance of the registration obligations mentioned above under section 13.

21. Usage of the Services

Customer agrees to use and to insure that its users use the service only for lawful services. This means, amongst others, that the service shall by no mean be used :

(a) to make offensive, indecent, menacing, nuisance or hoax Calls;

(b) fraudulently or in connection with a criminal offence;

(c) to send, knowingly receive, upload, download, or use any material which is offensive, abusive, indecent, defamatory, obscene or menacing, or in breach of copyright, confidence, privacy or any other rights;

(d) to cause annoyance, inconvenience or needless anxiety;

(e) to spam or to send or provide unsolicited advertising or promotional material or, knowingly to receive responses to any spam, unsolicited advertising or promotional material sent or provided by any third party;

(f) in any way which in Key2Asset’s opinion is, or is likely to be, detrimental to the provision of the service to the Customer or any of Key2Asset’s other customers;

(g) in an unlawful manner, in contravention of any legislation, laws, licence or third party rights ; or

(h) in a way that does not comply with any instructions Key2Asset has given to the Customer.

22. Indemnification

Limited to these above-mentioned compliance obligations, Customer agrees:

(a) to indemnify, defend and hold Supplier, the directors, officers, stockholders, MVNOs and employees of Supplier, harmless to the greatest extent possible under applicable law against any and all judgments, fines, penalties, amounts paid in settlement and any other amounts reasonably incurred or suffered by Supplier in connection with any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative, arising from, in connection with or incidental to the performance of Services under this Agreement, including without limitation reasonable attorneys’ and advisers’ fee, costs and disbursements.

(b) Supplier shall, as a condition precedent to his or its right to be indemnified under this Agreement give Customer notice in writing as soon as practicable of any claim made against Supplier for which indemnification will or could be sought under this Agreement. In addition, Supplier shall give Customer such information and cooperation as it may reasonably require and as shall be within Supplier‘s power.

(c) In the event Customer shall be obligated to pay the expenses of any proceeding against Supplier, Customer, if appropriate, shall be entitled to (i) participate jointly with Supplier in the Supplier’s defence, settlement or other disposition of any interest related to the Indemnity Matter, (ii) to settle or otherwise dispose of such Indemnity Matter, on such terms as Customer shall deem appropriate, provided that Supplier can obtain a written release from the claiming third party and is not adversely affected in any other manner.

(d) The indemnification provided herein shall not be deemed exclusive of any rights to which Supplier or any other Indemnitee may be entitled under any applicable law or contractual disposition. The Indemnification provided under this Agreement shall continue as to Supplier and each other Indemnity for any action taken or not taken while Supplier was providing services even though Supplier may have ceased to provide services at the time of any action, suit, or other covered proceeding.

CHAPTER V: WARRANTIES AND LIABILITY

23. As to the Services

Supplier endeavours to provide quality service to its customers but cannot guarantee the fault free working of the services and especially the fault free working of mobile networks. Supplier is not liable for any service or proof of service of Customer, which is carried over the Supplier’s network.

Supplier is also not liable for operators ceasing or terminating roaming, termination or interworking services. Supplier will give best effort to restore and maintain these services.

Supplier reserves the right to perform maintenance activities as required for a variety of reasons and every effort will be made to minimise any adverse impact on service quality.

24. Specific conditions for provisionning VoIP Service

1. General: The VoIP service is provided on a best efforts basis. Events beyond Supplier’s control may affect the service, such as power outages, fluctuations in the internet, user’s underlying ISP or broadband service, or maintenance.

2. Emergency numbers: VoIP service is not a telephone service and may not support specific calls, including but not limited to emergency numbers.

3. Incompatibility: Due to its nature, VoIP service may not compatible with non-voice communication equipment, including but not limited to, some home and office security systems that are set up to make automatic calls, fax machines. In addition, supplier does not warrant that the service will be compatible with all broadband services.

4. Customer’s responsibility: Customer shall be responsible for notifying any user of the nature and the limitation of VoIP services.

25. Liability for the services

Supplier’s liability under this Agreement or in connection with its performance is expressly limited to the express provisions of this Agreement and to the conditions set out in this article. Supplier makes no express or implied warranties, representations or endorsements regarding any merchandise, information, products or services provided in connection with or contemplated by the performance of the Agreement.

Except for gross negligence and intent, Supplier shall not be liable to any User of the Services for any direct or indirect loss or damage (including economic losses or any loss of profit) arising out of or in connection with the performance of its obligations under this Agreement. Under no circumstances shall Supplier be liable for any indirect or consequential damages, including but not limited to damages that result from the Users’ use of or inability to access any part of the product or User’s reliance on or use of information, services merchandise provided on or through the Service or damages that result from mistakes, o missions, interruptions, loss, theft, or deletion of files, errors, defects, delays in operation, or transmission, or any failure of performance.

Absolutely no component of these General Terms and Conditions is aimed at excluding or limiting the liability of Key2Asset for death or personal injury as result of intentional act or omission, or Key2Asset. The liability of Key2Asset, on any possible basis, towards the Customer or towards others that claim liability via the Customer, subject to the provisions in below articles, restricted to, at the choice of Key2Asset, is: (i) reimbursement from direct loss to not more than the amount of the last monthly charges incurred by Customer for the Services, or (ii) having the Services provided once more at the expense of Key2Asset.

26. Warranty and liability for the Products

Supplier’s Products are warranted to be free from defects in materials and workmanship and to meet the applicable specifications when tested.

THE FOREGOING IS IN LIEU OF ANY OTHER WARRANTY, EXPRESS, IMPLIED OR STATUTORY, INCLUDING THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, ALL OF WHICH OTHER WARRANTIES ARE HEREBY EXPRESSLY DISCLAIMED. The liability of Supplier under this warranty is limited solely in replacing, or repairing, or issuing credit (at the discretion of Supplier) for such Products that are or become defective within 14 (fourteen) days after the date of the first use of the product. The Supplier will not be liable under this warranty unless (i) Supplier is promptly notified in writing by Customer upon discovery of defects, (ii) the return of the defective unit is received by Supplier for adjustment no later than 14 (fourteen) days following the date of first use, and (iii) Customer has duly complied with this Section and the Return process defined by Supplier (iv) Supplier‘s examination of such unit shall disclose, to its satisfaction, that such defects or failure have not been caused by misuse, neglect, improper installation, repair, alteration or accident. IN NO EVENT SHALL SUPPLIER BE LIABLE TO CUSTOMER FOR ANY KIND OF INDIRECT DAMAGE, SUCH AS BUT NOT LIMITED TO ANY LOSS OF USE, LOSS OF PROFIT OR CLAIMS OF ANY THIRD PARTY BASED UPON A CLAIM FOR BREACH OF WARRANT.

CHAPTER V: DURATION AND TERMINATION OF THE AGREEMENT; FINAL DISPOSITIONS

27. General

The duration of this Agreement is stipulated in the Cover contrat. Same may be terminated by providing a six-months prior notice for the end of each calendar year.

In any case, this agreement may always be terminated:

(a) by Supplier upon written notice if there is an unacceptable change in the control or management of Customer, as Supplier may consider on its sole and entire discretion; immediately upon written notice by either Party if the other fail to fulfil any of its obligations in a material respect under this Agreement and (in case of a failure capable of being remedied) such failure is not remedied within 30 (thirty) days from having received a written request for such remedial action from the first Party;

(b) by either Party, upon written notice, if the other Party makes an arrangement or composition with its creditors generally or makes an application to a court of competent jurisdiction for protection from its creditors generally or a bankruptcy order is made against the other Party or a resolution is passed by it for its winding up, a court of competent jurisdiction makes an order for its winding up dissolution, an administrator order is made in relation to it or receiver is appointed over (or an encumbrance takes possession of or sells) any of its assets;

(c) by Supplier, upon written notice, if Supplier’s license to provide the Services foreseen under this Agreement, which affects the exercise of rights or performance of obligations under this Agreement, is revoked or terminated for any reasons (and not simultaneously replaced);

(d) by Supplier, on written notice, if there is a material or substantial change in ownership of Customer; or

(e) other grounds for early termination may have been foreseen elsewhere, as well as other modifications of the contractual relationship.

28. Service Amendments

Key2Asset may at any time modify parameters of its services to implement new technology and

offer additional services or reduce the range of services offered.

29. Service Suspension

Key2Asset may at any time immediately suspend all or part of the Services it provides until further notice without incurring any liability:

(a) if it is obliged to comply with an order, instruction or request of Government, or emergency services organisation, or other competent administrative authority;

(b) it needs to carry out work related to exceptional upgrading or maintenance of its facilities where those facilities must cease operation at or about the time;

(c) in order to prevent damage or degradation of Key2Asset’s contracting party’s network integrity which may be caused by whichever reason;

(d) for a violation of Key2Asset’s acceptable use policy or for other behaviour that in Key2Asset’s reasonable discretion may be deemed to be illegal;

(e) in order to protect Key2Asset, at its sole discretion, from legal liability which relates to a breach of obligation and/or warranties by Customer; or

(f) in case of notifications or signs of fraud or abuse of service.

30. Miscellaneous

1. Waiver: Failure by Supplier to enforce any of its rights under this Agreement shall not be taken as or deemed to be a waiver of that right nor shall it deprive that party of the right to insist on adherence to that term at some other time.

2. Modifications: Key2Asset reserves the right to change the GTCs and other contractual provisions at any time. In case (i) the Agreement has been entered into for an undetermined period of time and (ii) Customer is considerably prejudiced by any such modifications, Customer shall be entitled to terminate the Agreement as per the date the modifications come into effect. The right of termination expires with the coming into effect of the modifications.

3. Assignment: Customer may not wholly or partly assign or pledge its rights and/or obligations hereunder to any third party, except with the prior written consent of Supplier. Such consent will not unreasonably be withheld or delayed.

4. Change of Ownership: Should Customer undergo a significant change of ownership or control it shall notify Supplier in writing as soon as practicable after such change.

5. Entirety: The Agreement supersedes any and all other agreements, oral or written, between the Parties with respect to the subject matter hereof. Both Parties acknowledge that they have not entered into the Agreement in reliance on any representation made but not embodied in the Agreement.

6. Severability: If any provision of this Agreement shall be held to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall in no way be affected or impaired. In such a case, the Parties agree that the particular terms or conditions in this Agreement which might be ruled by any competent authority as illegal, void, unenforceable or invalid shall be replaced by terms and conditions expressing the stipulations as close as possible to the original terms and conditions by only removing the existing obstacle.

31. Governing Law and Competent Jurisdiction

This contractual relationship shall be subject to the application of the Substantive Law of Netherlands, excluding the Vienna Convention on Contracts for the International Sale of Goods, dated April 11, 1980. The exclusive place of jurisdiction for all disputes arising out of or in connection with this agreement shall be Amsterdam, Netherlands subject to mandatory places of jurisdiction under federal law.