Terms of Service

Terms of Service

These terms and conditions outline the rules and regulations for the use of Magnimont's services and establish the legal relationship between you and our company.

Last updated: July 6, 2026

1. Acceptance of Terms

By accessing and using Magnimont's services, you accept and agree to be bound by the terms and provision of this agreement. If you do not agree to abide by the above, please do not use this service.

Important: These terms constitute a legally binding agreement between you and Magnimont. Please read them carefully before using our services.

2. Services Description

Magnimont provides custom software development, web development, AI solutions, and related technology services. Our services include but are not limited to:

  • Custom web application development
  • AI and machine learning solutions
  • UI/UX design and branding services
  • Custom automation and scripting solutions
  • Technical consultation and support

3. User Responsibilities

As a user of our services, you agree to:

Provide Accurate Information

Ensure all information provided is accurate, current, and complete.

Respect Intellectual Property

Not infringe upon any third-party intellectual property rights.

Timely Communication

Respond promptly to requests for information or feedback.

Payment Obligations

Make payments according to agreed terms and schedules.

4. Intellectual Property Rights

Intellectual property rights are handled as follows:

Client-Owned Work

Upon full payment, clients own the custom code and designs created specifically for their project.

Magnimont-Owned Assets

We retain rights to our proprietary tools, frameworks, and general methodologies.

Third-Party Components

Open-source and third-party components remain subject to their respective licenses.

5. Payment Terms

Payment Schedule

  • • 50% deposit required to begin work
  • • Milestone payments as agreed
  • • Final payment upon project completion
  • • Net 15 payment terms for invoices

Late Payment Policy

  • • 1.5% monthly interest on overdue amounts
  • • Work suspension after 30 days overdue
  • • Collection fees may apply
  • • Legal action for amounts over $5,000

6. Limitation of Liability

Important Legal Notice

Our liability is limited to the amount paid for services. We are not liable for indirect, incidental, or consequential damages.

In no event shall Magnimont, its directors, employees, partners, agents, suppliers, or affiliates be liable for any indirect, incidental, punitive, consequential, or special damages arising from or related to your use of our services.

Liability Limitations Include:

  • Loss of profits or business opportunities
  • Data loss or corruption (beyond our reasonable control)
  • Third-party service interruptions
  • Force majeure events

7. Termination

Either party may terminate services under the following conditions:

Client Termination

  • • 30-day written notice required
  • • Payment for completed work due
  • • Delivery of completed components
  • • No refund of deposits

Magnimont Termination

  • • Immediate for non-payment
  • • 15-day notice for other breaches
  • • Refund of unused deposits
  • • Transfer of completed work

8. Privacy and Data Protection

We are committed to protecting your privacy and handling your data responsibly:

Data Collection

We collect only necessary information to provide our services effectively.

Data Security

Industry-standard security measures protect your information.

Data Usage

Your data is used solely for service delivery and improvement.

For detailed information about our data practices, please review our Privacy Policy.

9. Dispute Resolution

We prefer to resolve disputes amicably through the following process:

1

Direct Communication

Contact us directly to discuss and resolve the issue informally.

2

Mediation

If direct communication fails, we'll engage in mediation with a neutral third party.

3

Arbitration

Final disputes will be resolved through binding arbitration under applicable laws.

10. Changes to Terms

We reserve the right to modify these terms at any time. Changes will be communicated as follows:

Email Notification

Active clients receive email updates about significant changes.

Website Update

Updated terms are posted on our website with revision dates.

Continued Use

Using our services after changes constitutes acceptance.

Questions About Our Terms?

If you have any questions about these Terms of Service, please don't hesitate to contact us. We're here to help clarify any concerns you may have.

Legal Disclaimer

These terms of service constitute the entire agreement between you and Magnimont concerning the use of our services. If any provision of these terms is found to be unenforceable, the remainder shall continue in full force and effect. These terms are governed by the laws of the jurisdiction in which Magnimont operates.

Effective Date: July 6, 2026