Terms and Conditions

By purchasing a service from Cosic Development, you agree to the following conditions and terms:

1. Services

Cosic Development provides a range of technical and website development services in the form of development contracts, support plans, and hourly billable service.

2. Representatives

The Client shall identify one person to be the primary point-of-contact for the project. This person should be prepared to identify and prioritize how to use our services and be the key decision-maker. Cosic Development will provide the client with a primary contact who will be primarily responsible for communication with the client and coordination of work.

3. Duration & Payment

This Agreement shall commence on the date these terms of service are accepted and the checkout completed, or upon which a physical copy of this agreement is signed by each party.

a. Development and support contracts, hosting, and other recurring charges automatically renew unless canceled. The term for each item is specified in the sales order.

b. Unless otherwise agreed, payments are due on receipt. Cosic Development has set up automatic recurring billing and credit card payments to make this convenient. If payment is not received after 30 days, Cosic Development will add an interest charge of 3% per month (36% APR).

c. Any late payment shall be subject to costs of collection, including reasonable legal fees. Customer shall pay, indemnify and hold Cosic Development harmless from all sales, use, gross receipts, GST, value-added, personal property or other tax or levy (including interest and penalties) imposed on the services and deliverables provided hereunder, other than taxes based on the net income or profits of Cosic Development.

4. Termination

In the event of contract termination, all outstanding balances will be presented and due within ten (10) days of termination or shall be subject to late fees as outlined below. If the contract stipulates a minimum term, any remaining charges for the months through the end date specified will come due immediately.

a. Services may be suspended or terminated on ten (10) days' notice if Customer fails to pay any amount when due.

b. Within ten (10) days of contract termination, Cosic Development will provide a full archive of all site data to the client at no additional charge.

c. In the event that Cosic Development at any time believes that the service is being utilized for unlawful purposes by the client or in contravention with the terms and provisions herewith, Cosic Development may immediately discontinue such service to the client without liability.

5. Records

Cosic Development will keep records of all work done on behalf of a client, and will make such data available to the client in a timely manner.

6. Regulation of Certain Content

Cosic Development reserves the right to request the removal of information in the Web Site brought to its attention which it deems detrimental to the Host System or any person. Customer agrees not to include in the Web Site any material which violates or infringes the rights of any person or which a reasonable person would consider abusive, profane or offensive, which is defamatory or harassing, or which violates or encourages others to violate any applicable law. Customer will not disseminate so- called "chain letters," pornographic or obscene movies or graphic images. Cosic Development may without liability actively cooperate with and furnish identifying and supporting information to any person likely to be harmed by Customer's violation of these provisions and to any law enforcement agency serving a warrant or subpoena to Cosic Development.

7. Licensing

Cosic Development works with open source software, and performs work under an open source license unless otherwise specified, retaining all ownership and rights in any modules, scripts, or executable programs created, while Clients retain rights to all customized themes, graphics, layouts, and other visible elements of the site except where other existing copyright preempts. Cosic Development will distribute all code to the client except for the code which is a part of one if it's subscription packages. The Client has the right to use, modify, and redistribute the code for any purpose following the terms of the specific license of the particular software.

Property Fox software or any part of it will not be distributed to the Client. Client will retain all rights to the content he posts on a Property Fox website, provided the Client made a timely payment for Property Fox services. 

All rights for original artwork and content created specifically for a client automatically transfer to the client upon payment in full.

8. Warranties

The following provisions are subject to the Limitation of Liabilities section below.

(a) Noninfringement Warranty. Customer warrants that any technology, information or material (other than Cosic Development's own material) distributed through the Web Site will not infringe or misappropriate any copyright, trademark, patent, or the trade secrets of any third persons, or otherwise violate this Agreement or any applicable law. Customer will defend, indemnify and hold Cosic Development harmless from all liability and expense (including attorney fees) arising from any claim to the contrary.

(b) Disclaimer. All services, technology or other deliverables are supplied by Cosic Development strictly on an "as is" and "as available" basis without any express or implied warranty, guarantee or other assurance of quality, conformity with specifications, reliability or functionality. Customer accepts all risk concerning suitability, use, performance or nonperformance. Cosic Development makes no warranty, express or implied, and disclaims all implied warranties of merchantability, title, accuracy, integration, and fitness for a particular purpose.

9. Limitation of Liabilities

The following provisions are a material condition of this Agreement and reflect a fair allocation of risk:

(a) Remedies. Customer agrees that if Cosic Development violates any warranty or other provision of this Agreement, and Cosic Development determines that repair or other corrective action is not economically or technically feasible, Customer's sole and exclusive remedy will be to obtain a refund of amounts paid by Customer to Cosic Development for services rendered hereunder during the previous twelve (12) months.

(b) Liabilities. Cosic Development IS NOT LIABLE FOR ANY AMOUNT EXCEEDING THE PRICE PAID BY CUSTOMER FOR SERVICES HEREUNDER DURING THE TWELVE (12) MONTHS PRECEDING THE EVENT GIVING RISE TO ANY CLAIM. EXCEPT FOR VIOLATIONS BY CUSTOMER OF THE CONFIDENTIALITY CLAUSE, OR THE NONSOLICITATION CLAUSE, NEITHER PARTY IS LIABLE, WHETHER IN CONTRACT, TORT (INCLUDING NEGLIGENCE) OR OTHERWISE, FOR ANY INDIRECT, INCIDENTAL OR CONSEQUENTIAL DAMAGES (INCLUDING LOST SAVINGS OR PROFIT, LOST DATA, BUSINESS INTERRUPTION OR ATTORNEYS FEES) EVEN IF NOTIFIED IN ADVANCE OF SUCH POSSIBILITY.

10. Non-Solicitation

During the Term and for a period of one (1) year thereafter, Client agrees not to hire, solicit nor attempt to solicit the services of any employee or subcontractor of Cosic Development without the prior written consent of Cosic Development.

11. Notices

All notices and other communications required or permitted under this Agreement shall be validly given, made, or served if in writing and delivered personally or sent by registered mail, to Cosic Development at the following address:

Nikola Cosic

Cosic Development

Cirila i Metodija 10

11000 Beograd

Serbia

Or any other address as any party may, from time to time, designate by notice given in compliance with this section.

12. Legal fees

In the event of any litigation between the parties to declare or enforce any provision of this Agreement, the prevailing party or parties shall be entitled to recover from the losing party or parties, in addition to any other recovery and costs, reasonable attorney fees incurred in such litigation, in both the trial and in all appellate courts.

13. Severability

If any provision of this Agreement shall be unlawful, void, or for any reason, unenforceable, it shall be deemed severable from, and shall in no way affect the validity or enforceability of, the remaining provisions of this Agreement, which shall remain valid and enforceable according to its terms.

14. Authority to execute

Each of the parties to this Agreement represents and warrants that it has full power to enter into this Agreement and that it hasn't assigned, encumbered, or in any manner transferred all or any portion of the claims covered by this Agreement.

15. Benefit of Successors & Assigns

This Agreement shall be binding upon and inure to the benefit of each of the parties hereto, and except as otherwise provided herein, their respective legal successors and permitted assigns.

16. Law governing / Venue

This Agreement shall be governed by and construed in accordance with the laws of the Republic of Serbia.

17. Agreement Binding

This Agreement shall be binding upon the heirs, executors, administrators, successors and assigns of the parties hereto.

18. Abritration

If at any time during the term of this Agreement any dispute, difference, or disagreement shall arise upon or in respect of the Agreement, and the meaning and construction hereof, every such dispute, difference, and disagreement shall be referred to a single arbiter agreed upon by the parties.

19. Entire Agreement

This Agreement contains specific terms agreed upon by the parties. The entire understanding consists of this master agreement, supplemented by one or more specific Work or Sales Orders for particular projects. The additional documents that may be part of the entire understanding include:

• Work Order for a particular project or service, and/or 
• Sales Order, with Purchase Order from the client 
• Product Data Sheet detailing deliverables identified in a Sales Order for a standard project or service 
• Service Level Agreements for Server Assurance/Server Maintenance plan For hosting services, the Acceptable Use Policy, and the Copyright Infringement Policy also apply. These policies may change at any time with notice to the Client. If these terms change and Client does not agree to the change, Client may cancel service and obtain a full refund of unused hosting charges already paid, pro-rated to the current day. No refund is due if hosting is provided as part of a promotional package