Jeet Industries
Last Updated 20 January 2025.
1. About the Website
(a) Welcome to www.jeet.industries (Website). The Website allows you to access and use the Jeet Industries services (Services).
(b) The Website is operated by Jeet Industries Inc. (Panama Company No. 155760678) is a duly incorporated company in the Republic of Panama having its registered address at Via Espana, Delta Bank Building, 6th Floor, Sute 604D, Panama City, Republic of Panama (“Jeet Industries”, “we”, “us” or “our”). Access to and use of the Website, or any of its associated products or Services, is provided by Jeet Industries Inc. Please read these terms and conditions (Terms) carefully. By using, browsing and/or reading the Website, this signifies that you acknowledge, covenant, and agree that you have read, understood and agree to be bound by the Terms. If you do not agree with the Terms, you must cease usage of the Website, or any of Services, immediately.
(c) Jeet Industries Inc. reserves the right to review and change any of the Terms by updating this page at its sole discretion. When Jeet Industries Inc. updates the Terms, it will use reasonable endeavors to provide you with notice of updates to the Terms. Any changes to the Terms take immediate effect from the date of their publication. Before you continue, we recommend you keep a copy of the Terms for your records.
(d) Please read these terms and conditions carefully before using the Website or our Services. These terms govern your use of the Website and our Services, unless we have executed a separate written agreement with you for that purpose. We are only willing to make our Services, and the Website available to you if you accept all of these terms.
(e) If you are accepting these terms on behalf of a company or other legal entity, you warrant, covenant, and agree that you have the legal authority to accept these terms on that entity’s behalf, in which case “you” will mean that entity. If you do not have such authority, or if you do not accept all of these terms and conditions, then we are unwilling to make the Website or our Services available to you. If you do not agree to these terms, you may not access or use the Website or our Services.
(f) Upon acceptance of these terms and conditions, you further warrant, covenant, and agree that you are able to access the Website, and the Services legally and in accordance with your local laws and regulations. We do not make any warranties or representations as to the compliance of the usage of our Website and Services with local laws and regulations. Upon acceptance of these terms and conditions, you hereby and irrevocably release Jeet Industries, its directors, shareholders, employees, team members, and contractors from any and all present and future liability and claims in relation to any loss, penalties, fines, taxation assessments and proceedings arising from the usage of our Website and Services.
2. Acceptance of the Terms
You accept the Terms by remaining on the Website. Where the option is available in the user interface, you may also accept the Terms by clicking to accept or agree to the Terms.
3. About the Service
(a) Jeet Industries provides corporate services, legal liability protection and cryptocurrency token issuance solutions for our clients.
(b) Client accounts are currently offered. You acknowledge and agree that the accounts offered, as well as the account features may change from time to time, and may be governed by separate terms which apply specific to the account. Where special account- specific terms apply, you will be informed, and must accept those terms before you are given such an account. For the avoidance of doubt these Terms apply unless otherwise agreed or amended by account-specific terms.
(c) Some accounts may be governed by a separate Agreement with Jeet Industries Inc., which may amend the terms of use. For the avoidance of doubt these Terms apply unless otherwise agreed or amended by the terms of an applicable Master Services Agreement.
4. Acceptable use of the Services
(a) Jeet Industries services, its related features, and website must only be used lawfully. Jeet Industries Inc. reserves the right to suspend, cancel, or otherwise terminate the provision of its Services to clients who use the Services:
(i) To engage in any act that would disrupt the access, availability, and security of Jeet Industries services and other Jeet Industries Inc. services, including but not limited to:
(A) Tampering with, reverse-engineering, or hacking our Website.
(B) Overwhelming, or attempting to overwhelm our infrastructure by imposing an unreasonably large load on our systems that consume extraordinary resources.
(C) Compromising the integrity of our system, including probing, scanning and testing the vulnerability of our system unless expressly permitted by Jeet Industries Inc.
(b) For any illegal purpose, or to violate any laws, including and without limitation to anti-money laundering, counter-terrorism financing, securities, financial services, gaming licensing, banking, insurance, data, privacy, and export control laws.
(c) To issue and/or distribute cryptocurrency tokens in bad faith (rug-pulling), including but not limited to not locking the liquidity of tokens and/or removing or draining (via the issuance of additional tokens, or the use of trading bots) liquidity without prior notice to token holders, creating tokens that have “scam mechanisms” in their smart contracts such as honeypot mechanics, trade freeze mechanics, undisclosed transaction taxes, etc.
(d) To stalk, harass or threaten other Clients and any member of the public.
(e) To misrepresent or defraud any user, client, or member of the public through phishing, spoofing, manipulating headers or other identifiers, impersonating anyone else, or falsely implying any sponsorship or association with Jeet Industries Inc. or any third party.
(f) To access or search any part of the Services, or any other Services owned by Jeet Industries Inc. other than our expressly offered Services to you or otherwise allowed for in an applicable Master Services Agreement.
(g) To post, upload, share, or otherwise circulate content that relates to Jeet Industries and its Services without the express written permission of Jeet Industries.
5. Security and Data Privacy
Jeet Industries Inc. takes your privacy seriously and information provided through your use of the Website and/or Services are subject to Jeet Industries Inc’s Privacy Policy, which is available on the Website. The Privacy Policy also addresses Jeet Industries Inc’s processes, policies, and obligations in respect of Jeet Industries services security breaches.
6. Data Use
Jeet Industries Inc. collects, stores, and processes your data when applying for Jeet Industries services. The data is used to provide Services to you, as well as to facilitate Jeet Industries Inc.’s business operations. The Privacy Policy outlined how your data is collected, stored, and processed by Jeet Industries Inc.. The Privacy Policy also addresses Jeet Industries Inc's processes, policies, and obligations in respect of data encryption and removal requests.
7. One-Off and Recurring Fees to use the Service
(a) In order to access the Services, you must first apply for and pay our one-off Service fee together with any applicable recurring fees (Service Fee). After your application is accepted, you will be considered a client (‘Client’).
(b) In paying the Service Fee, you acknowledge and agree that it is your responsibility to ensure that the Services you elect to apply for are suitable for your project’s requirements.
(c) Before, during or after you have paid the Service Fee, you will then be required to apply for a client account before you can obtain the Services.
(d) As part of the registration process, or as part of your continued use of the Services, you may be required to provide personal information about yourself (such as identification or contact details), including but not limited to your legal name, your residential and/or postal address, your telephone number, your email, your public electronic wallet address, your identification documents and particulars, and your business project's particulars.
(e) You warrant that any information you give to Jeet Industries Inc. in the course of completing the application process will always be accurate, correct and up to date.
(f) Once you have completed the application process, you will be considered an applicant user of the Website and agree to be bound by the Terms ("User"). As a Client, you will be granted immediate access to the Services from the time your application has been accepted until the the Master Services Agreement with us either expires or is terminated.
(g) You may not use the Services and may not accept the Terms if:
(i) you are not of legal age to form a binding contract with Jeet Industries Inc.; or
(ii) you are a person barred from receiving the Services under the laws of the Republic of Panama or other countries including the country in which you are resident or from which you use the Services.
8. Payments
(a) Subject to the terms of any applicable Master Services Agreement, the Service Fee may be paid only via accepted cryptocurrencies (USDT, USDC) on accepted networks (Ethereum, Solana) as communicated on the Website, and may change from time to time.
(b) The Service Fee comprises of any combination of the following:
(i) A one-off initial payment in USDC or USDT; and/or
(ii) A previously agreed percentage of your token’s total supply; and
(iii) An annual fee the continued legal coverage of your project.
(c) Payments made in the course of your use of Jeet Industries Services may be made using third-party applications and services not owned, operated, or otherwise controlled by Jeet Industries Inc. such as custodial electronic wallets (e.g. MetaMask). You acknowledge and agree that Jeet Industries Inc. will not be liable for any losses or damage arising from the operations of third-party payment applications and services, or payment that you make over the blockchain. You further acknowledge and warrant that you have read, understood and agree to be bound by the terms and conditions of the applicable third-party payment applications and services you choose to use as a payment method for Jeet Industries services.
(d) You acknowledge and agree that where a request for the payment of the Service Fee is returned or denied, for whatever reason, or is unpaid by you for any other reason, then:
(i) In relation to your failure to pay the one-off initial payment and/or the agreed percentage of your token supply, your application for our services will be rejected; and
(ii) In relation to your failure to pay the annual fee, you are liable for any costs, including recovery costs and charges, associated with the annual fee.
(e) You agree and acknowledge that Jeet Industries Inc. can vary the annual Service Fee at any time and that the varied annual Service Fee will come into effect following the conclusion of the period covered by the previously paid annual fee.
(f) Any financial transactions that you engage in will be conducted solely through the blockchain networks nominated as accepted by us. We will have no insight into or control over these payments or transactions, nor do we have the ability to reverse any transactions. With that in mind, you covenant and agree that we will have no liability to you or to any third-party for any claims or damages that may arise as a result of any transactions that you engage in by using the blockchain technology on the accepted networks.
(g) Blockchain Networks such as the Ethereum network require the payment of a transaction fee (a “Gas Fee”) for every transaction that occurs on the said networks. The Gas Fee funds the network of computers that run the decentralised networks. This means that you will need to pay a Gas Fee for each transaction that occurs in order to pay the Service Fee.
9. Refund Policy
(a) Jeet Industries Inc. offers partial refunds in relation to rejected applications on the terms set out in these terms and conditions. Any benefits set out in these terms and conditions may apply in addition to consumer's rights under any applicable law.
(b) Upon the acceptance of an application, payment of the Service Fee and subsequent termination of our services pursuant to these Terms, Jeet Industries will not provide any refund in relation to the one-off initial payment, the token allocation, or any already paid annual fees.
(c) Jeet Industries Inc. will only provide you with a partial refund of the Service Fee in the event we are unable to approve your application to obtain our Services or if the manager of Jeet Industries Inc. makes a decision, at its absolute discretion, that it is reasonable to reject your application for our Services under the circumstances. Where this occurs, Jeet Industries is entitled to retain the sum of US$500.00 (or equivalent in cryptocurrencies) from the one-off initial payment as a non-refundable application fee. The remainder of the one-off initial payment fee together with any of your project’s tokens already transferred to Jeet Industries Ltd will be refunded to you upon the rejection of your application.
(d) Annual fees are non-refundable and Jeet Industries will not provide any full, partial, or proportional refunds in relation to annual fees paid for a period during which, the termination of our services occurred.
10. Local Taxes and Government Levies
(a) In the event of any government authority levying taxes, fees, or charges in relation to the token, business, or cryptocurrency project in relation to which Jeet Industries provides its services, you agree to be solely responsible to pay any and all sales, use, value-added and other taxes, duties, and assessments (except taxes on our net income) now or hereafter claimed or imposed by any governmental authority (collectively, “Taxes”) associated with your use of our Services (including, without limitation, any Taxes that may become payable as the result of your ownership, transfer, sale, or disposal of any of your tokens.
(b) Except for income taxes levied on Jeet Industries, you covenant and agree that you:
(i) will pay or reimburse us for all national, federal, state, local or other taxes and assessments of any jurisdiction, including value added taxes and taxes as required by international tax treaties, customs or other import or export taxes, and amounts levied in lieu thereof based on charges set, services performed or payments made hereunder, as are now or hereafter maybe imposed under the authority of any national, state, local or any other tax jurisdiction; and
(ii) shall not be entitled to deduct the amount of any such taxes, duties or assessments from payments made to us pursuant to these Terms. You confirm that you are not a resident in the Republic of Panama nor are you registered for Goods and Services Tax / Value Added tax (GST / VAT) and will inform us if your status changes in the future.
11. Copyright and Intellectual Property
(a) The Website, the Services and all of the related products of Jeet Industries Inc. are subject to copyright. The material on the Website is protected by copyright under the laws of Republic of Panama and through international treaties. Unless otherwise indicated, all rights (including copyright) in the Services and compilation of the Website (including but not limited to text, graphics, logos, button icons, video images, audio clips, Website code, scripts, design elements and interactive features) or the Services are owned or controlled for these purposes, and are reserved by Jeet Industries Inc. or its contributors.
(b) All trademarks, service marks and trade names are owned, registered and/or licensed by Jeet Industries Inc., who grants to you a worldwide, non-exclusive, royalty-free, revocable license whilst you are an User or Client to:
(i) use the Website pursuant to the Terms;
(ii) copy and store the Website and the material contained in the Website in your device's cache memory; and
(iii) print pages from the Website for your own personal and non-commercial use.
(c) Jeet Industries Inc. does not grant you any other rights whatsoever in relation to the Website or the Services. All other rights are expressly reserved by Jeet Industries Inc.
(d) Jeet Industries Inc. retains all rights, title and interest in and to the Website and all related Services. Nothing you do on or in relation to the Website will transfer any:
(i) business name, trading name, domain name, trade mark, industrial design, patent, registered design or copyright, or
(ii) a right to use or exploit a business name, trading name, domain name, trade mark or industrial design, or
(iii) a thing, system or process that is the subject of a patent, registered design or copyright (or an adaptation or modification of such a thing, system or process), to you.
(e) You may not, without the prior written permission of Jeet Industries Inc. and the permission of any other relevant rights owners: broadcast, republish, up-load to a third party, transmit, post, distribute, show or play in public, adapt or change in any way the Website or content that relates to the Services or third party Services for any purpose, unless otherwise provided by these Terms. This prohibition does not extend to materials on the Website, which are freely available for re-use or are in the public domain.
12. General Disclaimers
(a) Nothing in the Terms limits or excludes any guarantees, warranties, representations or conditions implied or imposed by law, including any applicable consumer laws (or any liability under them) which by law may not be limited or excluded.
(b) Subject to this clause, and to the extent permitted by law:
(i) all terms, guarantees, warranties, representations or conditions which are not expressly stated in the Terms are excluded; and
(ii) Jeet Industries Inc. will not be liable for any special, indirect or consequential loss or damage (unless such loss or damage is reasonably foreseeable resulting from our failure to meet an applicable Consumer Guarantee), loss of profit or opportunity, or damage to goodwill arising out of or in connection with the Services or these Terms (including as a result of not being able to use the Services or the late supply of the Services), whether at common law, under contract, tort (including negligence), in equity, pursuant to statute or otherwise.
(c) Use of the Website and the Services is at your own risk. Everything on the Website and the Services is provided to you "as is" and "as available" without warranty or condition of any kind. None of the affiliates, directors, officers, employees, agents, contributors and licensors of Jeet Industries Inc. make any express or implied representation or warranty about the Services or any products or Services (including the products or Services of Jeet Industries Inc.) referred to on the Website. This includes (but is not restricted to) loss or damage you might suffer as a result of any of the following:
(i) failure of performance, error, omission, interruption, deletion, defect, failure to correct defects, delay in operation or transmission, computer virus or other harmful
component, loss of data, communication line failure, unlawful third party conduct, or theft, destruction, alteration or unauthorised access to records;
(ii) the accuracy, suitability or currency of any information on the Website, the Services, or any of its Services related products (including third party material and advertisements on the Website);
(iii) costs incurred as a result of you using the Website, the Services or any of the products of Jeet Industries Inc.; and
(iv) the Services or operation in respect to links which are provided for your convenience.
(d) Jeet Industries has not advised you in any way whether it would be legal or appropriate to issue and/or distribute with or without licensing your token in any jurisdiction. Similarly, Jeet Industries has not advised you in any way whether it would be legal or appropriate to operate your business with or without licensing in any jurisdiction. You acknowledge covenant and agree that the indemnity provided in clause 16 below shall also apply in relation to government fines, levies, or proceedings that arise from the offer of your business services and/or issuance of your token in jurisdictions that deem such offer and/or issuance illegal or against their regulations.
(e) You accept the inherent security risks of providing information and dealing online over the internet, and acknowledge, covenant and agree that we have no liability or responsibility for any breach of security unless it is due to our gross negligence.
(f) We will not be responsible or liable to you for any losses you incur as the result of your use of any blockchain network or custodial or non-custodial electronic wallet, including but not limited to any losses, damages or claims arising from:
(i) User error, such as forgotten passwords or incorrectly construed smart contracts or other transactions;
(ii) Server failure or data loss;
(iii) Corrupted wallet files; or
(iv) Unauthorised access or activities by third parties, including but not limited to the use of viruses, phishing, bruteforcing or other means of attack against the Website, any blockchain network, or custodial or non-custodial electronic wallet.
(g) Jeet Industries does not provide legal, accounting, investment or financial advice or products. Jeet Industries, its subsidiaries, affiliates, directors, shareholders, employees, team members, contractors, and licensors are not financial or legal advisors. You should consider seeking independent legal, financial, and/or taxation or other advice in relation to your affairs. Always do your own research. You acknowledge, covenant, and agree that our Website and Services are not legal or financial services. Our Services enable our clients to issue their cryptocurrency tokens without needing to register their own entities and bear the economic and documentary burden of such process.
(h) You further acknowledge covenant and agree that Jeet Industries, its subsidiaries, affiliates, directors, shareholders, employees, team members, contractors, and licensors have not made any representations in relation to the following:
(i) That the value of your token or business will increase or appreciate in any manner;
(ii) That Jeet Industries, its subsidiaries, affiliates, directors, shareholders, employees, team members, contractors, and licensors have the expertise or ability to grow the value of your token or business.
(i) While care and diligence have been used to maintain the information on the Website, it may not be accurate, current or complete in all respects and, consequently, Jeet Industries does not make any representations or warranties as to the accuracy, currency, or completeness of the information.
Jeet Industries is not responsible to you or anyone else for any loss suffered in connection with the use of the Website or any of its content. Jeet Industries excludes, to the maximum extent permitted by law, any liability which may arise as a result of the use of the Website, its content or the information on it, including links to other websites.
Where liability cannot be excluded, any liability incurred by us in relation to the use of the Website or its content, is limited to the extent provided for by the local consumer laws. To the extent permitted by law, Jeet Industries will not be liable for any consequential, incidental, indirect or special loss.
(j) Jeet Industries does not endorse any cryptocurrency or NFT projects. Any reference to cryptocurrency or NFT projects and partnerships on our website does not constitute an express, or implied endorsement by Jeet Industries. Jeet Industries is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of this Website.
(k) The linked sites included in this Website are not under the control of Jeet Industries and Jeet Industries is not responsible for the content of any linked site or any link contained in a linked site, or changes or updates to such sites.
The included links do not expressly or implicitly suggest an endorsement by Jeet Industries of the site or a relationship with the organisations to which links are provided.
13. Assumption of Risk
You acknowledge, covenant, and agree as follows:
(a) The prices of blockchain assets are extremely volatile. Fluctuations in the price of other digital assets could materially and adversely affect the value of your token or NFT, which may also be subject to significant price volatility.
(b) You are solely responsible for determining what, if any, taxes apply to your token or business and their related transactions. Jeet Industries is not responsible for determining the taxes that apply to your token transactions.
(c) There are risks associated with using an Internet-based currency, including but not limited to, the risk of hardware, software and Internet connections, the risk of malicious software introduction, and the risk that third parties may obtain unauthorised access to information stored within your wallet. You accept and acknowledge that Jeet Industries will not be responsible for any communication failures, disruptions, errors, distortions or delays you may experience when using blockchain networks, however caused.
14. Limitation of Liability
(a) Jeet Industries Inc.'s total liability arising out of or in connection with the Services or these Terms, however arising, including under contract, tort (including negligence), in equity, under statute or otherwise, will not exceed the resupply of the Services to you.
(b) You expressly understand and agree that Jeet Industries Inc., its affiliates, employees, agents, contributors and licensors shall not be liable to you for any direct, indirect, incidental, special consequential or exemplary damages which may be incurred by you, however caused and under any theory of liability. This shall include, but is not limited to, any loss of profit (whether incurred directly or indirectly), any loss of goodwill or business reputation and any other intangible loss.
(c) You acknowledge, covenant, and agree that we have made the Website and our Services available to you and entered into these Terms in reliance upon the warranties, disclaimers, and limitations of liability set forth herein, which reflect a reasonable and fair allocation of risk between the parties and form an essential basis of the bargain between us. You further acknowledge, covenant, and agree that we would not be able to provide the Services to you without these limitations.
(d) To the maximum extent permitted by law, you hereby acknowledge, covenant, and agree that you release in perpetuity Jeet Industries, its subsidiaries, affiliates, directors, shareholders, employees, team members, contractors, and licensors from any and all losses, claims, damages, and liability that may arise from the use of our Website and/or Services apart as it is set out in these Terms.
15. Termination of Contract
(a) The Terms will continue to apply until terminated by either you or by Jeet Industries Inc. as set out below.
(b) If you want to terminate the Terms, you may do so by:
(i) not renewing the annual coverage and fee prior to the end of the previous annual fee period;
(ii) providing Jeet Industries Inc. with sixty (60) days’ notice of your intention to terminate; and
(iii) closing your accounts for all of the services which you use, where Jeet Industries Inc. has made this option available to you.
(c) Any notices pursuant to Clause 13.2 above should be sent, in writing, to Jeet Industries Inc. via the 'Contact Us' link on our homepage or to support@jeet.industries.
(d) Upon your termination of the Terms and your Master Services Agreement, the legal coverage of your cryptocurrency business and project by Jeet Industries will cease.
(e) Jeet Industries Inc. may at any time, terminate the Terms with you if:
(i) you do not renew the annual fees at the end of the previous annual fee period;
(ii) you have breached any provision of the Terms or intend to breach any provision;
(iii) Jeet Industries Inc. is required to do so by law;
(iv) the provision of the Services to you by Jeet Industries Inc. is, in the opinion of Jeet Industries Inc., no longer commercially viable; or
(v) you engage in conduct that in our reasonable opinion and discretion causes or may potentially cause harm to our industry reputation.
(f) Subject to local applicable laws, Jeet Industries Inc. reserves the right to discontinue or cancel your client account and/or the provisions of its Services to you at any time and may suspend or deny, in its sole discretion, your access to all or any portion of the Website or the Services without notice if you breach any provision of the Terms or any applicable law or if your conduct impacts Jeet Industries Inc.'s name or reputation or violates the rights of those of another party.
16. Indemnity
You agree to indemnify Jeet Industries Inc., its affiliates, employees, agents, contributors, third party content providers and licensors from and against:
(a) all actions, suits, claims, fines, levies, taxes, demands, liabilities, costs, expenses, loss and damage (including legal fees on a full indemnity basis) incurred, suffered or arising out of or in connection with your business, token, and cryptocurrency project;
(b) any direct or indirect consequences of you accessing, using or transacting on the Website or attempts to do so; and/or
(c) any breach of the Terms.
17. Amendments or Changes to these Terms
We may make changes to the Terms from time to time. When we make changes, we will make the updated Terms available on the Website and update the “Last Updated” date at the beginning of these Terms accordingly. Please check these Terms periodically for changes. Any changes to the Terms will apply on the date that they are made, and your continued access to or use of the Website and Services after the Terms have been updated will constitute your binding acceptance of the updates. If you do not agree to any revised Terms, you may not access or use the Website and our Services.
18. Children and Minors
You affirm that you are over the age of 18, as the App is not intended for children under the age of 18. If you are 18 or older but the legal age of majority where you reside is an age older than 18, then you agree to review these Terms with your parent or guardian to make sure that both you and your parent or guardian understand and agree to these Terms. You agree to have your parent or guardian review and accept these Terms on your behalf. If you are a parent or guardian agreeing to the terms for the benefit of a child (in your jurisdiction) over 18, then you agree to and accept full responsibility for that child's use of the Website and Services, including all financial charges and legal liability that he or she may incur.
19. Services not Offered in Certain Jurisdictions
(a) You hereby acknowledge, covenant, and agree that we do not offer our Services to nationals or residents of, and do not carry on business in the following jurisdictions:
(i) Afghanistan;
(ii) Central African Republic;
(iii) Cuba;
(iv) Democratic Republic of the Congo;
(v) Guinea-Bissau;
(vi) Greece;
(vii) Iraq;
(viii) Iran;
(ix) Lebanon;
(x) Myanmar;
(xi) Democratic People’s Republic of Korea (North Korea);
(xii) Panama;
(xiii) Somalia;
(xiv) South Sudan;
(xv) Sudan;
(xvi) Syria;
(xvii) Yemen; and
(xviii) Zimbabwe.
(b) You further acknowledge, covenant and agree that users that are tax residents or located at the jurisdictions mentioned in clause 19(a) above are not allowed to access or use our Website, and our Services.
(c) You Represent and warrant that:
(i) you are not located in a country that is subject to the United States of America government embargo, or that has been designated by the united states government as a "terrorist supporting" country; and
(ii) You are not listed on any United States government list of prohibited or restricted parties.
(d) In the event that you breach this clause 19, you covenant and agree that we may suspend or terminate your access to our Website and our Services without prior notice and you hereby irrevocably release in perpetuity Jeet Industries, its subsidiaries, affiliates, directors, shareholders, employees, team members, contractors, and licensors from any and all losses, claims, damages, and liability that may arise from the suspension or termination of your access to our Website, and Services as a result of breaching this clause 19.
20. Dispute Resolution
20.1. Compulsory:
If a dispute arises out of or relates to the Terms, either party may not commence any
Tribunal or Court proceedings in relation to the dispute, unless the following clauses have been complied with (except where urgent interlocutory relief is sought).
20.2. Notice:
A party to the Terms claiming a dispute (Dispute) has arisen under the Terms, must give written notice to the other party detailing the nature of the dispute, the desired outcome and the action required to settle the Dispute.
20.3. Resolution:
On receipt of that notice (Notice) by that other party, the parties to the Terms (Parties) must:
(a) Within 28 days of the Notice endeavour in good faith to resolve the Dispute expeditiously by negotiation or such other means upon which they may mutually agree;
(b) If for any reason whatsoever, 28 days after the date of the Notice, the Dispute has not been resolved, the Parties must either agree upon selection of a mediator or request that an appropriate mediator be appointed by the International Chamber of Commerce (ICC);
(c) The Parties are equally liable for the fees and reasonable expenses of a mediator and the cost of the venue of the mediation and without limiting the foregoing
undertake to pay any amounts requested by the mediator as a precondition to the mediation commencing. The Parties must each pay their own costs associated with the mediation;
(d) The mediation will be held in Singapore.
20.4. Confidential
All communications concerning negotiations made by the Parties arising out of and in connection with this dispute resolution clause are confidential and to the extent possible, must be treated as "without prejudice" negotiations for the purpose of applicable laws of evidence.
20.5. Termination of Mediation:
If 2 months have elapsed after the start of a mediation of the Dispute and the Dispute has not been resolved, either Party may ask the mediator to terminate the mediation and the mediator must do so.
21. Venue and Jurisdiction
In the event of any dispute arising out of or in relation to the Website, you agree that the exclusive venue for resolving any dispute shall be in the courts of the Republic of Panama.
22. Governing Law
The Terms are governed by the laws of the Republic of Panama. Any dispute, controversy, proceeding or claim of whatever nature arising out of or in any way relating to the Terms and the rights created hereby shall be governed, interpreted and construed by, under and pursuant to the laws of the Republic of Panama without reference to conflict of law principles, notwithstanding mandatory rules. The validity of this governing law clause is not contested. The Terms shall be binding to the benefit of the parties hereto and their successors and assigns.
23. Conflict between Terms and Corporate Documents
In the event of any conflict between any provision of these Terms and the provisions of the constitution of a limited company or any comparable document intended to regulate any other corporate or collective body, then the provisions of these Terms shall prevail.
24. Acts of God
We will not be liable for any failure or delayed performance of our obligations that result from any condition beyond our reasonable control, including, but not limited to, governmental action, acts of terrorism, earthquake, fire, flood, acts of God, labour conditions, power failures, Internet disturbances, or acts or omissions of third parties.
25. Assignment
(a) We may assign our rights and obligations under these Terms in our sole discretion to an affiliate, or in connection with an acquisition, sale, or merger.
(b) You may not assign any or your rights or obligations under these Terms, whether by operation of law or otherwise, without our prior written consent.
26. Notices
You acknowledge, covenant, and agree that we may provide you with notices (including, without limitation those regarding changes to these Terms) by email, or postings on our Website, or our social media platforms. By providing us with your email address, you consent to us using the email address to send you any notices required by law in lieu of communication by postal mail.
27. Entire Agreement
Subject to the existence of a Master Services Agreement between Jeet Industries and you, these Terms constitute the entire legal agreement between you and Jeet Industries, govern your access to and use of the Website, and completely replace any prior or contemporaneous agreements between the parties related to your access to or use of the Website, whether oral or written.
28. Severance
Should any term or provision of these Terms be held void, voidable, invalid, or unenforceable, then that term or provision shall be treated as changed or reduced, only to the extent minimally necessary to bring it within the laws of that jurisdiction and to prevent it from being void it shall be binding in that changed or reduced form. Subject to this Clause, each provision and term shall be interpreted as severable and shall not in any way affect any other term and condition. The remaining Terms will remain in full force and effect