SaaS Agreement

Last modified: 2nd March 2023

THIS SAAS is dated [     ] day of [               ] 20[23] 
Parties
(1)    REGTICK LIMITED , registered in Northern Ireland with company number NI671621, whose registered office is at 24 Ormeau Avenue, Belfast, Northern Ireland, BT2 8HS (Supplier).
(2)    [ENTER CLIENT NAME] incorporated and registered in England and Wales with company number [ENTER NUMBER] whose registered office is at [ENTER ADDRESS] (Customer).

BACKGROUND
(A)    The Supplier has developed certain software applications and platforms which it makes available to subscribers via the internet as specified in the Order Form.
(B)    The Customer wishes to use the Supplier's service in its business operations.
(C)    The Supplier has agreed to provide and the Customer has agreed to take and pay for the Supplier's service subject to the terms and conditions of this agreement.
Agreed terms
1.    Interpretation
1.1    The definitions and rules of interpretation in this clause apply in this agreement.
   Authorised Users: those employees, agents and independent contractors of the Customer who are authorised by the Customer to use the Services and the Documentation.
   Business Day: a day other than a Saturday, Sunday or public holiday in Northern Ireland  when banks in London are open for business.
   Change of Control: shall be as defined in section 1124 of the Corporation Tax Act 2010, and the expression change of control shall be construed accordingly.
   Confidential Information: all information that is proprietary or confidential and is either clearly labelled as such or identified as Confidential Information in clause 11.5 and/or clause 11.6.
   Controller, processor, data subject, personal data, personal data breach, processing and appropriate technical and organisational measures:  as defined in the Data Protection Legislation.
   Customer Data: the data inputted by the Customer, Authorised Users, or the Supplier on the Customer's behalf for the purpose of using the Services or facilitating the Customer's use of the Services. 
   Data Protection Legislation: the UK Data Protection Legislation and any other European Union legislation relating to personal data and all other legislation and regulatory requirements in force from time to time which apply to a party relating to the use of personal data (including, without limitation, the privacy of electronic communications).
   Documentation: any  document made available to the Customer by the Supplier which sets out a description of the Services and the user instructions for the Services whether online via https://www.regtick.com/ or such other web address notified by the Supplier to the Customer from time to time or by any other method .
   Effective Date: the date of this agreement.
   Initial Subscription Term: the initial term of this agreement as set out in the Order Form.
   Insolvency Event: means any of the following: 
   a) either party suspends, or threatens to suspend, payments of its debts, or is deemed unable to pay its debts within the meaning of Section 123 of the Insolvency Act 1986; or
   b) an order is made or a resolution is passed for winding up of either party, save for the purpose of a solvent reconstruction or amalgamation with the resulting entity assuming all the obligations of the entity that has been wound up; or
   c) either party goes into liquidation (voluntary or otherwise) other than a genuine solvent reconstruction or amalgamation; or
   d) either party suspends, or threatens to suspend, or ceases or threatens to cease, to carry on all or a substantial part of its business; or
   e) if any event analogous to events described under (a) – (d) above shall occur in any other jurisdiction to which either party is subject;
   Normal Business Hours: 9.00 am to 5.00 pm local UK time, each Business Day.
   Order Form: the order form setting out the particulars of the Services and Subscription Fees.
   Renewal Period: the period described in clause 14.1.
   Services: the subscription services provided by the Supplier to the Customer under this agreement as more fully set out in the Order Form (if applicable).
   Software: the online software applications provided by the Supplier as part of the Services. 
   Subscription Fees: the subscription fees payable by the Customer to the Supplier for the User Subscription, as set out in Order Form (if applicable).
   Subscription Term: has the meaning given in clause 14.1  (being the Initial Subscription Term together with any subsequent Renewal Periods).
   Support Services Schedule : means the support services set out in Schedule 2 of this Agreement ] 
   UK Data Protection Legislation: all applicable data protection and privacy legislation in force from time to time in the UK including the General Data Protection Regulation ((EU) 2016/679); the Data Protection Act 2018; the Privacy and Electronic Communications Directive 2002/58/EC (as updated by Directive 2009/136/EC) and the Privacy and Electronic Communications Regulations 2003 (SI 2003/2426) as amended.
    
   Virus: any thing or device (including any software, code, file or programme) which may: prevent, impair or otherwise adversely affect the operation of any computer software, hardware or network, any telecommunications service, equipment or network or any other service or device; prevent, impair or otherwise adversely affect access to or the operation of any programme or data, including the reliability of any programme or data (whether by re-arranging, altering or erasing the programme or data in whole or part or otherwise); or adversely affect the user experience, including worms, trojan horses, viruses and other similar things or devices.
   Vulnerability: a weakness in the computational logic (for example, code) found in software and hardware components that when exploited, results in a negative impact to the confidentiality, integrity, or availability, and the term Vulnerabilities shall be construed accordingly. 
1.2    Clause, schedule and paragraph headings shall not affect the interpretation of this agreement.
1.3    A person includes an individual, corporate or unincorporated body (whether or not having separate legal personality) and that person's legal and personal representatives, successors or permitted assigns.
1.4    A reference to a company shall include any company, corporation or other body corporate, wherever and however incorporated or established.
1.5    Unless the context otherwise requires, words in the singular shall include the plural and in the plural shall include the singular.
1.6    Unless the context otherwise requires, a reference to one gender shall include a reference to the other genders. 
1.7    A reference to a statute or statutory provision is a reference to it as it is in force as at the date of this agreement.
1.8    A reference to a statute or statutory provision shall include all subordinate legislation made as at the date of this agreement under that statute or statutory provision.
1.9    A reference to writing or written includes e-mail.
1.10    References to clauses are to the clauses of this agreement.
2.    Usage
2.1    The Supplier hereby grants to the Customer a non-exclusive, non-transferable right, without the right to grant sublicences, to permit the Authorised Users to use the Services and the Documentation during the Subscription Term solely for the Customer's internal business operations. For the avoidance of any doubt, there are no permitted resale activities of any kind including use by any third parties (together the “Resale Activities”). Any Resale Activities may only be permitted if the Supplier has allowed for this and the Customer agrees that such Resale Activity will incur additional charges, such charges and Resale Activity use shall be set out in the Order Form if permitted by the Supplier. 
2.2    In relation to the Authorised Users, the Customer undertakes that:
(a)    the maximum number of Authorised Users that it authorises to access and use the Services and the Documentation shall not exceed the number of Authorised Users  as permitted under the Order Form from time to time;

(b)    it shall maintain a written, up to date list of current Authorised Users and provide such list to the Supplier within 5 Business Days of the Supplier's written request at any time or times;
(c)    it shall permit the Supplier or the Supplier's designated auditor to audit the Services in order to establish the name and password of each Authorised User and the Customer's data processing facilities to audit compliance with this agreement. Each such audit may be conducted no more than once per quarter, at the Supplier's expense, and this right shall be exercised with reasonable prior notice, in such a manner as not to substantially interfere with the Customer's normal conduct of business;
(d)    if any of the audits referred to in clause 2.2(c) reveal that any password has been provided to any individual who is not an Authorised User, then without prejudice to the Supplier's other rights, the Customer shall promptly disable such passwords and the Supplier shall not issue any new passwords to any such individual; and
(e)    if any of the audits referred to in clause 2.2(c) reveal that the Customer has underpaid Subscription Fees to the Supplier, then without prejudice to the Supplier's other rights, the Customer shall pay to the Supplier an amount equal to such underpayment as calculated in accordance with the prices set out in the Order Form within 5 Business Days of the date of the relevant audit.
2.3    The Customer shall not access, store, distribute, introduce or permit the introduction of, any Virus or Vulnerability into the Supplier's network and information systems or transmit any Viruses, or any material during the course of its use of the Services that:
(a)    is unlawful, harmful, threatening, defamatory, obscene, infringing, harassing or racially or ethnically offensive;
(b)    facilitates illegal activity;
(c)    depicts sexually explicit images;
(d)    promotes unlawful violence;
(e)    is discriminatory based on race, gender, colour, religious belief, sexual orientation, disability; or
(f)    is otherwise illegal or causes damage or injury to any person or property;
and the Supplier reserves the right, without liability or prejudice to its other rights to the Customer, to disable, without notice, the Customer's access to any material that breaches the provisions of this clause.
2.4    The Customer shall not:
(a)    copy the Software or Documentation, except as may be allowed by any applicable law which is incapable of exclusion by agreement between the parties and except to the extent expressly permitted under this agreement and further provided that all such copies shall bear the original and unmodified copyright, or other intellectual property markings that appear on or in the Software; 
(b)    attempt to copy, modify, adapt, duplicate, create derivative works from, frame, mirror, republish, download, display, transmit, translate, or distribute all or any portion of the Software and/or Documentation (as applicable) in any form or media or by any means; or
(c)    attempt to de-compile, reverse compile, disassemble, reverse engineer or otherwise reduce to human-perceivable form all or any part of the Software nor attempt to do any such thing except to the extent that (by virtue of section 296A of the Copyright, Designs and Patents Act 1988) such actions cannot be prohibited because they are essential for the purpose of achieving inter-operability of the Software with another software program, and provided that the information obtained by you during such activities: 
i.    is used only for the purpose of achieving inter-operability of the Software with another software program;  
ii.    is not unnecessarily disclosed or communicated without our prior written consent to any third party; and 
iii.    is not used to create any software which is substantially similar to the Software; or
(d)    access all or any part of the Services and Documentation in order to build a product or service which competes with the Services and/or the Documentation; or
(e)    use the Services and/or Documentation to provide services to third parties; or
(f)    subject to clause 22.1, license, sell, rent, lease, transfer, assign, distribute, display, disclose, or otherwise commercially exploit, or transfer its rights in the Software, or authorise any portion of the Software to be copied onto another individual or legal entity’s computer  or otherwise make the Software, Services and/or Documentation available to any third party except the Authorised Users; or
(g)    attempt to obtain, or assist third parties in obtaining, access to the Services and/or Documentation, other than as provided under this clause 2; or 
(h)    provide, or otherwise make available, the Software in any form, in whole or in part (including, but not limited to, program listings, object and source program listings, object code and source code) to any person without prior written consent from the Supplier.
2.5    The Customer shall use all reasonable endeavours to prevent any unauthorised access to, or use of, the Services and/or the Documentation and, in the event of any such unauthorised access or use, promptly notify the Supplier.
2.6    The rights provided under this clause 2 are granted to the Customer only, and shall not be considered granted to any subsidiary or holding company of the Customer.
3.    Additional users 
3.1    Subject to clause 3.2 and clause 3.3, the Customer may, from time to time during any Subscription Term request an increase to the number of Authorised Users permitted.  and if the terms of such increase are accepted by Customer, the Supplier shall grant access to the Services and the Documentation to such additional Authorised Users in accordance with the provisions of this agreement.
3.2    If the Customer wishes to increase the number of Authorised Users the Customer shall notify the Supplier in writing. The Supplier shall evaluate such request s and respond to the Customer with respective increase in Subscription and, if applicable, support Fees . 
3.3    If the Parties agree to increase in Authorised Users and associated Fees part way through the Initial Subscription Term or any annual period, such fees shall be pro-rated from the date of activation by the Supplier for the remainder of the annual payment period.  Any such increase in Fees shall apply for the remainder of the Initial Subscription Term or the applicable Renewal Term. 
4.    Services
4.1    The Supplier shall, during the Subscription Term, provide the Services and make available the Documentation to the Customer on and subject to the terms of this agreement.
4.2    The Supplier shall use commercially reasonable endeavours to make the Services available 24 hours a day, seven days a week, except for:
(a)    planned maintenance carried out during the maintenance window of 8.00 pm to midnight UK time; and
(b)    unscheduled maintenance performed outside Normal Business Hours, provided that the Supplier has used reasonable endeavours to give the Customer at least 6 Normal Business Hours' notice in advance.
4.3    The Supplier will, and in consideration of the support fees set out in the Order Form, provide the Customer with the Supplier's standard customer support services during Normal Business Hours in accordance with the Supplier’s Support Services Schedule in effect at the time that the Services are provided.  The Supplier may amend the Support Services Schedule in its sole and absolute discretion from time to time.  
5.    Customer data
5.1    The Customer shall own all right, title and interest in and to all of the Customer Data that is not personal data and shall have sole responsibility for the legality, reliability, integrity, accuracy and quality of all such Customer Data.
5.2    In the event of any loss or damage to Customer Data, the Customer’s sole and exclusive remedy against the Supplier shall be for the Supplier to use commercially reasonable endeavours to restore the lost or damaged Customer Data from the latest back-up of such Customer Data maintained by the Supplier. The Supplier shall not be responsible for any loss, destruction, alteration or disclosure of Customer Data caused by any third party (except those third parties sub-contracted by the Supplier to perform services related to Customer Data maintenance and back-up for which it shall remain fully liable under clause 5.9).
5.3    The Supplier shall, in providing the Services, comply with its Privacy and Security Policy relating to the privacy and security of the Customer Data available at [https://www.regtick.com/] or such other website address as may be notified to the Customer from time to time, as such document may be amended from time to time by the Supplier in its sole discretion.
5.4    Both parties will comply with all applicable requirements of the Data Protection Legislation. This clause 5 is in addition to, and does not relieve, remove or replace, a party’s obligations or rights under the Data Protection Legislation.
5.5    The parties acknowledge that:
(a)    if the Supplier processes any personal data on the Customer’s behalf when performing its obligations under this agreement, the Customer is the controller and the Supplier is the processor for the purposes of the Data Protection Legislation. 
(b)    the personal data may be transferred or stored outside the EEA or the country where the Customer and the Authorised Users are located in order to carry out the Services and the Supplier’s other obligations under this agreement.
5.6    Without prejudice to the generality of clause 5.4, the Customer will ensure that it has all necessary appropriate consents and notices in place to enable lawful transfer of the personal data to the Supplier for the duration and purposes of this agreement so that the Supplier may lawfully use, process and transfer the personal data in accordance with this agreement on the Customer’s behalf.
5.7    Without prejudice to the generality of clause 5.4, the Supplier shall, in relation to any personal data processed in connection with the performance by the Supplier of its obligations under this agreement:
(a)    process that personal data only on the documented written instructions of the Customer unless the Supplier is required by the laws of any member of the European Union or by the laws of the European Union applicable to the Supplier and/or Domestic UK Law (where Domestic UK Law means the UK Data Protection Legislation and any other law that applies in the UK) to process personal data (Applicable Laws). Where the Supplier is relying on Applicable Laws as the basis for processing personal data, the Supplier shall promptly notify the Customer of this before performing the processing required by the Applicable Laws unless those Applicable Laws prohibit the Supplier from so notifying the Customer;
(b)    not transfer any personal data outside of the European Economic Area and the United Kingdom unless the following conditions are fulfilled:
(i)    the Customer or the Supplier has provided appropriate safeguards in relation to the transfer;
(ii)    the data subject has enforceable rights and effective legal remedies;
(iii)    the Supplier complies with its obligations under the Data Protection Legislation by providing an adequate level of protection to any personal data that is transferred; and
(iv)    the Supplier complies with reasonable instructions notified to it in advance by the Customer with respect to the processing of the personal data;
(c)    assist the Customer, at the Customer’s cost, in responding to any request from a data subject and in ensuring compliance with its obligations under the Data Protection Legislation with respect to security, breach notifications, impact assessments and consultations with supervisory authorities or regulators;
(d)    notify the Customer without undue delay on becoming aware of a personal data breach;
(e)    at the written direction of the Customer, delete or return personal data and copies thereof to the Customer on termination of the agreement unless required by Applicable Law to store the personal data (and for these purposes the term “delete” shall mean to put such data beyond use); and
(f)    maintain complete and accurate records and information to demonstrate its compliance with this clause 5 and immediately inform the Customer if, in the opinion of the Supplier, an instruction infringes the Data Protection Legislation.
5.8    Each party shall ensure that it has in place appropriate technical and organisational measures, reviewed and approved by the other party, to protect against unauthorised or unlawful processing of personal data and against accidental loss or destruction of, or damage to, personal data, appropriate to the harm that might result from the unauthorised or unlawful processing or accidental loss, destruction or damage and the nature of the data to be protected, having regard to the state of technological development and the cost of implementing any measures (those measures may include, where appropriate, pseudonymising and encrypting personal data, ensuring confidentiality, integrity, availability and resilience of its systems and services, ensuring that availability of and access to personal data can be restored in a timely manner after an incident, and regularly assessing and evaluating the effectiveness of the technical and organisational measures adopted by it). 
5.9    The Customer consents to the Supplier appointing third-party processors of personal data under this agreement. The Supplier confirms that it has entered or (as the case may be) will enter with the third-party processor into a written agreement incorporating terms which are substantially similar to those set out in this clause 5 and in either case which the Supplier reflects and will continue to reflect the requirements of the Data Protection Legislation. As between the Customer and the Supplier, the Supplier shall remain responsible for the acts or omissions of any third-party processor appointed by it pursuant to this clause 5.
5.10    Either party may, at any time on not less than 30 days’ notice, revise this clause 5 by replacing it with any applicable controller to processor standard clauses or similar terms forming part of an applicable certification scheme (which shall apply when replaced by attachment to this agreement).
6.    Third party providers
6.1    The Customer acknowledges that the Services may enable or assist it to access the website content of, correspond with, and purchase products and services from, third parties via third-party websites and that it does so solely at its own risk. The Supplier makes no representation, warranty or commitment and shall have no liability or obligation whatsoever in relation to the content or use of, or correspondence with, any such third-party website, or any transactions completed, and any contract entered into by the Customer, with any such third party.  Any contract entered into and any transaction completed via any third-party website is between the Customer and the relevant third party, and not the Supplier.  The Supplier recommends that the Customer refers to the third party’s website terms and conditions and privacy policy prior to using the relevant third-party website.  The Supplier does not endorse or approve any third-party website nor the content of any of the third-party website made available via the Services.
7.    Supplier’s obligations
7.1    The Supplier undertakes that the Services will be performed substantially in accordance with the Documentation and with reasonable skill and care.
7.2    The undertaking at clause 7.1 shall not apply to the extent of any non-conformance which is caused by use of the Services contrary to the Supplier’s instructions, or modification or alteration of the Services by any party other than the Supplier or the Supplier’s duly authorised contractors or agents. If the Services do not conform with the foregoing undertaking, the Supplier will, at its expense, use all reasonable commercial endeavours to correct any such non-conformance promptly, or provide the Customer with an alternative means of accomplishing the desired performance. Such correction or substitution constitutes the Customer's sole and exclusive remedy for any breach of the undertaking set out in clause 7.1.  
7.3    The Supplier:
(a)    does not warrant that:
(i)     the Customer’s use of the Services will be uninterrupted or error-free; or
(ii)    that the Services, Documentation and/or the information obtained by the Customer through the Services will meet the Customer’s requirements; or the Software or the Services will be free from Vulnerabilities.
(b)    is not responsible for any delays, delivery failures, or any other loss or damage resulting from the transfer of data over communications networks and facilities, including the internet, and the Customer acknowledges that the Services and Documentation may be subject to limitations, delays and other problems inherent in the use of such communications facilities.
7.4    This agreement shall not prevent the Supplier from entering into similar agreements with third parties, or from independently developing, using, selling or licensing documentation, products and/or services which are similar to those provided under this agreement.
7.5    The Supplier warrants that it has and will maintain all necessary licences, consents, and permissions necessary for the performance of its obligations under this agreement.
8.    Customer’s obligations
The Customer shall:
(a)    provide the Supplier with:
(i)    all necessary co-operation in relation to this agreement; and
(ii)    all necessary access to such information as may be required by the Supplier;
in order to provide the Services, including but not limited to Customer Data, security access information and configuration services;
(b)    without affecting its other obligations under this agreement, comply with all applicable laws and regulations with respect to its activities under this agreement;
(c)    carry out all other Customer responsibilities set out in this agreement in a timely and efficient manner. In the event of any delays in the Customer’s provision of such assistance as agreed by the parties, the Supplier may adjust any agreed timetable or delivery schedule as reasonably necessary;
(d)    ensure that the Authorised Users use the Services and the Documentation in accordance with the terms and conditions of this agreement and shall be responsible for any Authorised User’s breach of this agreement;
(e)    obtain and shall maintain all necessary licences, consents, and permissions necessary for the Supplier, its contractors and agents to perform their obligations under this agreement, including without limitation the Services;
(f)    ensure that its network and systems comply with the relevant specifications provided by the Supplier from time to time; and
(g)    be, to the extent permitted by law and except as otherwise expressly provided in this agreement, solely responsible for procuring, maintaining and securing its network connections and telecommunications links from its systems to the Supplier’s data centres, and all problems, conditions, delays, delivery failures and all other loss or damage arising from or relating to the Customer’s network connections or telecommunications links or caused by the internet.
9.    Charges and payment
9.1    The Customer shall pay the Subscription Fees and support fees to the Supplier as applicable in accordance with this clause 9 and the Order Form.
9.2    The Customer shall on the Effective Date provide to the Supplier valid, up-to-date and complete credit card details or approved purchase order information acceptable to the Supplier and any other relevant valid, up-to-date and complete contact and billing details and, if the Customer provides:
(a)    its credit card details to the Supplier, the Customer hereby authorises the Supplier to bill such credit card:
(i)    on the Effective Date for the Subscription Fees payable in respect of the Initial Subscription Term; and
(ii)    subject to clause 14.1, on each anniversary of the Effective Date for the Subscription Fees payable in respect of the next Renewal Period;
(b)    its approved purchase order information to the Supplier, the Supplier shall invoice the Customer:
(i)    on the Effective Date for the Subscription Fees payable in respect of the Initial Subscription Term; and
(ii)    subject to clause 14.1, at least 30 days prior to each anniversary of the Effective Date for the Subscription Fees payable in respect of the next Renewal Period,
and the Customer shall pay each invoice within 30 days after the date of such invoice.
9.3    If the Supplier has not received payment within 30 days after the due date, and without prejudice to any other rights and remedies of the Supplier:
(a)    the Supplier may, without liability to the Customer, disable the Customer’s password, account and access to all or part of the Services and the Supplier shall be under no obligation to provide any or all of the Services while the invoice(s) concerned remain unpaid; and
(b)    interest shall accrue on a daily basis on such due amounts at an annual rate equal to 4% over the then current base lending rate of the Supplier’s bankers in the UK from time to time, commencing on the due date and continuing until fully paid, whether before or after judgment.
9.4    All amounts and fees stated or referred to in this agreement:
(a)    shall be payable in pounds sterling;
(b)    are, subject to clause 13.3(b), non-cancellable and non-refundable;
(c)    are exclusive of value added tax, which shall be added to the Supplier’s invoice(s) at the appropriate rate.
9.5    The Supplier shall, annually from the anniversary of the Effective Date be entitled to increase the Subscription Fees, purchased pursuant to clause 3.3 and the support fees payable pursuant to clause 4.3 upon 90 days’ prior notice to the Customer and the Order Form shall be deemed to have been amended accordingly. During the Initial Term the Subscription Fees increase shall not exceed the Retail Price Index applicable at the time of increase plus 5%. 
10.    Proprietary rights 
10.1    The Customer acknowledges and agrees that the Supplier and/or its licensors own all intellectual property rights throughout the world in the Software, the Services and the Documentation and copies thereof. Except as expressly stated herein, this agreement does not grant the Customer any rights to, under or in, any patents, copyright, database right, trade secrets, trade names, trade marks (whether registered or unregistered), or any other rights or licences in respect of the Services or the Documentation. 
10.2    The Customer will take no actions which adversely affect the Suppliers intellectual property rights in the Software.  
10.3     The Customer acknowledges that it has no right to have access to the Software in source code form. 
10.4    Trade marks (whether registered or otherwise) shall be used in accordance with accepted trade mark practice, including identification of trade mark owners’ names. Trade marks may only be used to identify printed output produced by the Software, and such use of any trade mark does not give you any right of ownership in that trade mark.  
10.5    The Supplier confirms that it has all the rights in relation to the Software, Services and the Documentation that are necessary to grant all the rights it purports to grant under, and in accordance with, the terms of this agreement.
11.    Confidentiality 
11.1    Each party may be given access to Confidential Information from the other party in order to perform its obligations under this agreement.  A party’s Confidential Information shall not be deemed to include information that:
(a)    is or becomes publicly known other than through any act or omission of the receiving party;
(b)    was in the other party’s lawful possession before the disclosure;
(c)    is lawfully disclosed to the receiving party by a third party without restriction on disclosure; or
(d)    is independently developed by the receiving party, which independent development can be shown by written evidence.
11.2    Subject to clause 11.4, each party shall hold the other’s Confidential Information in confidence and not make the other’s Confidential Information available to any third party, or use the other’s Confidential Information for any purpose other than the implementation of this agreement.
11.3    Each party shall take all reasonable steps to ensure that the other’s Confidential Information to which it has access is not disclosed or distributed by its employees or agents in violation of the terms of this agreement.
11.4    A party may disclose Confidential Information to the extent such Confidential Information is required to be disclosed by law, by any governmental or other regulatory authority or by a court or other authority of competent jurisdiction, provided that, to the extent it is legally permitted to do so, it gives the other party as much notice of such disclosure as possible and, where notice of disclosure is not prohibited and is given in accordance with this clause 11.4, it takes into account the reasonable requests of the other party in relation to the content of such disclosure.
11.5    The Customer acknowledges that details of the Services, any Documentation (where such Documentation is not publicly available), and the results of any performance tests of the Services, constitute the Supplier’s Confidential Information.
11.6    The Supplier acknowledges that the Customer Data is the Confidential Information of the Customer.
11.7    No party shall make, or permit any person to make, any public announcement concerning this agreement without the prior written consent of the other parties (such consent not to be unreasonably withheld or delayed), except as required by law, any governmental or regulatory authority (including, without limitation, any relevant securities exchange), any court or other authority of competent jurisdiction.
11.8    The above provisions of this clause 11 shall survive for 7 years after the termination of this agreement, however arising.
12.    Indemnity
12.1    The Customer shall defend, indemnify and hold harmless the Supplier against claims, actions, proceedings, losses, damages, expenses and costs (including without limitation court costs and reasonable legal fees) arising out of or in connection with the Customer and its Authorised Users use of the Services and/or Documentation.  The Supplier shall ensure that:
(a)    the Customer is given prompt notice of any such claim;
(b)    the Supplier provides reasonable co-operation to the Customer in the defence and settlement of such claim, at the Customer’s expense; and
(c)    the Customer is given sole authority to defend or settle the claim.
12.2    The Supplier shall defend the Customer, its officers, directors and employees against any claim that the Customer’s use of the Services or Documentation in accordance with this agreement infringes any United Kingdom patent effective as of the Effective Date, copyright, trade mark, database right or right of confidentiality, and shall indemnify the Customer for any amounts awarded against the Customer in judgment or settlement of such claims, provided that:
(a)    the Supplier is given prompt notice of any such claim;
(b)    the Customer provides reasonable co-operation to the Supplier in the defence and settlement of such claim, at the Supplier’s expense; and
(c)    the Supplier is given sole authority to defend or settle the claim.
12.3    In the defence or settlement of any claim, the Supplier may procure the right for the Customer to continue using the Services, replace or modify the Services so that they become non-infringing or, if such remedies are not reasonably available, terminate this agreement on 2 Business Days’ notice to the Customer without any additional liability or obligation to pay liquidated damages or other additional costs to the Customer.
12.4    The Customer shall fully pay and indemnify the Supplier and hold it harmless on demand, from and against all actions, claims, liabilities, demands, proceedings, costs suffered or incurred by Supplier, arising by reason of claims that the Customer or any of its Authorised User’s modify, alter, replace or combine with any other data, code, documents or other software which alters the Software and such alterations infringe the intellectual property rights of a third party.  This indemnity applies whether or not legal proceedings are instituted and, if such proceedings are instituted, irrespective of the means, manner or nature of any settlement, compromise or determination.  This indemnity shall survive the expiration or termination of this Agreement.
12.5    Other than as apply under clause 12.1, the Supplier shall have no liability to indemnify or hold the Customer harmless for any payment made by the Customer in settlement or compromise of any intellectual property right claim against the Customer. 
12.6    In no event shall the Supplier, its employees, agents and sub-contractors be liable to the Customer to the extent that the alleged infringement is based on:
(a)    a modification of the Services or Documentation by anyone other than the Supplier; or
(b)    the Customer’s use of the Services or Documentation in a manner contrary to the instructions given to the Customer by the Supplier; or
(c)    the Customer’s use of the Services or Documentation after notice of the alleged or actual infringement from the Supplier or any appropriate authority.
12.7    The foregoing  and clause 13.3(b) state the Customer’s sole and exclusive rights and remedies, and the Supplier’s (including the Supplier’s employees’, agents’ and sub-contractors’) entire obligations and liability, for infringement of any patent, copyright, trade mark, database right or right of confidentiality.
13.    Limitation of liability
13.1    Except as expressly and specifically provided in this agreement:
(a)    the Customer assumes sole responsibility for results obtained from the use of the Services and the Documentation by the Customer, and for conclusions drawn from such use. The Supplier shall have no liability for any damage caused by errors or omissions in any information, instructions or scripts provided to the Supplier by the Customer in connection with the Services, or any actions taken by the Supplier at the Customer's direction;
(b)    all warranties, representations, conditions and all other terms of any kind whatsoever implied by statute or common law are, to the fullest extent permitted by applicable law, excluded from this agreement; and
(c)    the Services and the Documentation are provided to the Customer on an “as is” basis.
13.2    Nothing in this agreement excludes either party’s liability:
(a)    for death or personal injury caused by the either party’s negligence; or
(b)    for fraud or fraudulent misrepresentation. 
13.3    Subject to clause 13.1 and clause 13.2:
(a)    the Supplier shall not be liable whether in tort (including for negligence or breach of statutory duty), contract, misrepresentation, restitution or otherwise for any loss of profits, loss of business, depletion of goodwill and/or similar losses or loss or corruption of data or information, or pure economic loss, or for any special, indirect or consequential loss, costs, damages, charges or expenses however arising under this agreement; and
(b)    the Supplier’s total aggregate liability in contract (including in respect of the indemnity at clause 12.2), tort (including negligence or breach of statutory duty), misrepresentation, restitution or otherwise, arising in connection with the performance or contemplated performance of this agreement shall be limited to 125 % of the total Subscription Fees paid during the 12 months immediately preceding the date on which the claim arose. 
14.    Term and termination
14.1    This agreement shall, unless otherwise terminated as provided in this clause 14, commence on the Effective Date and shall continue for the Initial Subscription Term and, thereafter, this agreement shall be automatically renewed for successive periods of the same term length as the Initial Subscription Term as set out in the Order Form  (each a Renewal Period), unless: 
(a)    either party notifies the other party of termination, in writing, at least [90 days] before the end of the Initial Subscription Term or any Renewal Period, in which case this agreement shall terminate upon the expiry of the applicable Initial Subscription Term or Renewal Period; or
(b)    otherwise terminated in accordance with the provisions of this agreement;
and the Initial Subscription Term together with any subsequent Renewal Periods shall constitute the Subscription Term.
14.2    Without affecting any other right or remedy available to it, either party may terminate this agreement with immediate effect by giving written notice to the other party if:
(a)    the other party fails to pay any amount due under this agreement on the due date for payment and following a reminder from Supplier with regard to the overdue amount remains in default not less than 20 days after being notified in writing to make such payment;
(b)    the other party commits a material breach of any other term of this agreement which breach is irremediable or (if such breach is remediable) fails to remedy that breach within a period of 30 days after being notified in writing to do so; 
(c)    the other party is subject to an Insolvency Event 
14.3    On termination of this agreement for any reason:
(a)    all licences granted under this agreement shall immediately terminate and the Customer shall immediately cease all use of the Services and/or the Documentation; 
(b)    each party shall return and make no further use of any equipment, property, Documentation and other items (and all copies of them) belonging to the other party;
(c)    the Supplier may destroy or otherwise dispose of any of the Customer Data in its possession in accordance with clause 5.7(c), unless the Supplier receives, no later than 10  days after the effective date of the termination of this agreement, a written request for the delivery to the Customer of the then most recent back-up of the Customer Data. The Supplier shall use reasonable commercial endeavours to deliver the back-up to the Customer within 30 days of its receipt of such a written request, provided that the Customer has, at that time, paid all fees and charges outstanding at and resulting from termination (whether or not due at the date of termination). The Customer shall pay all reasonable expenses incurred by the Supplier in returning or disposing of Customer Data; and
(d)    any rights, remedies, obligations or liabilities of the parties that have accrued up to the date of termination, including the right to claim damages in respect of any breach of the agreement which existed at or before the date of termination shall not be affected or prejudiced.
15.    Force majeure
The Supplier shall have no liability to the Customer under this agreement if it is prevented from or delayed in performing its obligations under this agreement, or from carrying on its business, by acts, events, omissions or accidents beyond its reasonable control, including, without limitation, strikes, lock-outs or other industrial disputes (whether involving the workforce of the Supplier or any other party), failure of a utility service or transport or telecommunications network, act of God, pandemics or epidemics, war, riot, civil commotion, malicious damage, compliance with any law or governmental order, rule, regulation or direction, accident, breakdown of plant or machinery, fire, flood, storm or default of suppliers or sub-contractors, provided that the Customer is notified of such an event and its expected duration.
16.    Conflict
16.1    If there is an inconsistency between any of the provisions in the main body of this agreement and the Schedules, the provisions in the main body of this agreement shall prevail Order Form, (including any changes to the Order Form) and any schedules, the following order of precedence shall apply (in decreasing order) to the extent of such conflict or inconsistency:
(a)    Order Form;
(b)    the schedules;
(c)    the clauses in this Agreement.
17.    Variation
No variation of this agreement shall be effective unless it is in writing and signed by the parties (or their authorised representatives).
18.    Waiver
No failure or delay by a party to exercise any right or remedy provided under this agreement or by law shall constitute a waiver of that or any other right or remedy, nor shall it prevent or restrict the further exercise of that or any other right or remedy. No single or partial exercise of such right or remedy shall prevent or restrict the further exercise of that or any other right or remedy.
19.    Rights and remedies
Except as expressly provided in this agreement, the rights and remedies provided under this agreement are in addition to, and not exclusive of, any rights or remedies provided by law.
20.    Severance
20.1    If any provision or part-provision of this agreement is or becomes invalid, illegal or unenforceable, it shall be deemed deleted, but that shall not affect the validity and enforceability of the rest of this agreement.
20.2    If any provision or part-provision of this agreement is deemed deleted under clause 20.1 the parties shall negotiate in good faith to agree a replacement provision that, to the greatest extent possible, achieves the intended commercial result of the original provision.
21.    Entire agreement
21.1    This agreement constitutes the entire agreement between the parties and supersedes and extinguishes all previous agreements, promises, assurances, warranties, representations and understandings between them, whether written or oral, relating to its subject matter.
21.2    Each party acknowledges that in entering into this agreement it does not rely on, and shall have no remedies in respect of, any statement, representation, assurance or warranty (whether made innocently or negligently) that is not set out in this agreement.
21.3    Each party agrees that it shall have no claim for innocent or negligent misrepresentation or negligent misstatement based on any statement in this agreement.
22.    Assignment
22.1    The Customer shall not, without the prior written consent of the Supplier, assign, transfer, charge, sub-contract or deal in any other manner with all or any of its rights or obligations under this agreement.
22.2    The Supplier may at any time assign, transfer, charge, sub-contract or deal in any other manner with all or any of its rights or obligations under this agreement.
23.    No partnership or agency
Nothing in this agreement is intended to or shall operate to create a partnership between the parties, or authorise either party to act as agent for the other, and neither party shall have the authority to act in the name or on behalf of or otherwise to bind the other in any way (including, but not limited to, the making of any representation or warranty, the assumption of any obligation or liability and the exercise of any right or power).
24.    Third party rights
This agreement does not confer any rights on any person or party (other than the parties to this agreement and, where applicable, their successors and permitted assigns) pursuant to the Contracts (Rights of Third Parties) Act 1999.
25.    Notices
25.1    Any notice required to be given under this agreement shall be in writing and shall be delivered by hand or sent by pre-paid first-class post or recorded delivery post to the other party at its address set out in this agreement, or such other address as may have been notified by that party for such purposes, or sent by fax to the other party’s fax number as set out in this agreement.
25.2    A notice delivered by hand shall be deemed to have been received when delivered (or if delivery is not in business hours, at 9 am on the first business day following delivery). A correctly addressed notice sent by pre-paid first-class post or recorded delivery post shall be deemed to have been received at the time at which it would have been delivered in the normal course of post. A notice sent by email  shall be deemed to have been received at the time of transmission (as shown by the timed printout obtained by the sender). 
26.    Dispute Resolution 
26.1    Notwithstanding any rights of termination or suspension of either party as set out herein, if a dispute arises under this agreement (“Dispute”), including any Dispute arising out of any amount due to a party hereto, then before bringing any suit, action or legal proceeding in connection with such Dispute, a party must first give written notice of the Dispute to the other party describing the Dispute and requesting that it is resolved under this dispute resolution process (“Dispute Notice”).
26.2    If the parties are unable to resolve the Dispute within thirty (30) calendar days of delivery of the Dispute Notice, then each party will promptly (but no later than five (5) Business Days thereafter):
(a)    appoint a designated representative who has sufficient authority to settle the Dispute and who is at a higher management level than the person with direct responsibility for the administration of this agreement (“Designated Representative”); and
(b)    notify the other party in writing of the name and contact information of such Designated Representative.
26.3    The Designated Representatives will then meet as often as they deem necessary in their reasonable judgment to discuss the Dispute and negotiate in good faith to resolve the Dispute. The Designated Representatives will mutually determine the format for such discussions and negotiations, provided that all reasonable requests for relevant information relating to the Dispute made by one party to the other party will be honoured.
26.4    If the parties are unable to resolve the Dispute within thirty (30) calendar days after the Appointment of both Designated Representatives, then either party may proceed with any other available remedy. 
27.    Governing law
This agreement and any dispute or claim arising out of or in connection with it or its subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the law of Northern Ireland .
28.    Jurisdiction
Each party irrevocably agrees that the courts of Northern Ireland  shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this agreement or its subject matter or formation (including non-contractual disputes or claims).
29.    Counterparts
This may be executed in any number of separate documents or separate counterparts (which may be facsimile copies) each in the like form, all of which taken together shall constitute one (1) and the same document, and either party may execute this SAAS by signing any one (1) or more of such documents or counterparts (which may be facsimile copies).

This SAAS has been entered into on the date stated at the beginning of it.

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