digicomet.com

Exchange General Terms

General Terms and Conditions of DigiComet Ad Exchange Service

This Master Service Agreement (“Agreement”) is entered into by and between DigiComet (“Platform Provider”) and the party signing the Main Terms Sheet (“Company”).


1. Definitions

  • Advertising: Content intended for distribution to target platforms.

  • Ad Inventory: Available space for ad placement.

  • Bid: An offer made by a registered partner for ad placement.

  • Data Protection Legislation: Applicable data privacy laws.

  • Demand Partner: A bidder or demand-side platform.

  • Documentation: Official rules and procedures related to Auctions.

  • Performance Data: Analytics data regarding ad performance.

  • Personal Data: Data relating to an identifiable individual.

  • Registered Bidder: An entity that has signed up to bid via DigiComet.

  • Supply Partner: Publisher providing ad space.

  • Targeting Data: Demographic or contextual info provided for ad optimization.

  • Target Site Data: Information identifying content sources.

  • User: The end consumer viewing or interacting with ads.

  • User Data: Data pertaining to a user that is not identifiable on its own.

  • Winning Bid: The selected bid in an auction.

  • Winning Bid Price: Price associated with the winning bid.

  • Winning Bidder: The participant selected as the winning bidder.


2. Platform Access and Use

2.1 Access Rights: DigiComet grants the Company a non-exclusive, non-transferable license to access its platform for bidding or supplying ad inventory.

2.2 Intellectual Property: DigiComet retains ownership of all platform IP. The Company shall not reverse engineer, replicate, or distribute the platform or any part thereof.

2.3 Restrictions: The Company shall not misuse or tamper with the platform, introduce malicious code, or distribute unsolicited bids.

2.4 Suspension: DigiComet reserves the right to suspend the Company’s access for violations or system integrity threats.


3. Fees and Payments

3.1 Bidder Payments: Demand Partners must pay Winning Bid Prices within 45 days of the auction month.

3.2 Supply Payments: Payments to Supply Partners will be made within 90 days post-invoice, contingent upon receipt from Winning Bidders.

3.3 Taxes: Each party is responsible for its own taxes.

3.4 Currency: All payments are in USD.

3.5 Reporting: Final invoices will be issued by the 10th of each month.

3.6 Threshold: Minimum payout to Company is $500. Balances below this roll over to the next period.

3.7 Netting: Mutual payment obligations may be netted against each other.


4. Data Use

4.1 Permitted Use: Targeting and User Data may only be used for bid decisioning and forecasting.

4.2 Restrictions: Target Site Data must not be used to build user profiles.

4.3 Performance Data: May be used for analytics, reporting, and case studies (in aggregate, anonymized form).

4.4 Data Controller: Both parties act as independent data controllers.

4.5 Personal Data: Use of personal data must comply with the latest Transparency and Consent Framework and Data Protection Legislation.


5. Warranties and Disclaimers

5.1 Company Warranties: Company warrants it has all rights to content and authority to enter this Agreement.

5.2 DigiComet Warranties: DigiComet warrants ownership of the platform and its rights to operate the services.

5.3 Disclaimer: Except as explicitly stated, all warranties are disclaimed including fitness for purpose, merchantability, and non-infringement.

5.4 Service Interruptions: DigiComet is not liable for third-party outages or force majeure events.


6. Confidentiality

Each party shall keep the other’s Confidential Information secret unless publicly known, independently developed, or disclosed lawfully by a third party.


7. Limited Liability

7.1 Disclaimer: Except in cases of willful misconduct, breach of confidentiality, or indemnification obligations, neither party is liable for indirect damages.

7.2 Cap: Liability is capped to amounts paid in the past 6 months.


8. Indemnification

8.1 By Company: Company indemnifies DigiComet against third-party claims related to advertising content, IP infringement, or defamation.

8.2 By DigiComet: DigiComet indemnifies Company for third-party claims involving platform IP infringement.


9. Term and Termination

9.1 Term: 12 months, automatically renewing unless terminated with 30 days’ notice.

9.2 Termination for Convenience: Either party may terminate with 30 days’ notice.

9.3 Termination for Cause: Breach not cured within 30 days may lead to termination.

9.4 Survival: Provisions intended to survive termination shall remain in effect.


10. Miscellaneous

10.1 Independent Contractors: Parties are independent; no agency or employment relationship is formed.

10.2 Entire Agreement: Includes Main Terms Sheet and supersedes all prior agreements.

10.3 Severability: Invalid provisions will not affect the rest of the Agreement.

10.4 Assignment: Requires consent unless through acquisition or merger.

10.5 Governing Law: United Arab Emirates law, unless otherwise stated.

10.6 Dispute Resolution: Arbitration via Dubai International Arbitration Centre (DIAC), unless otherwise agreed.

10.7 Legal Fees: Prevailing party in litigation is entitled to reimbursement of legal costs.

10.8 Waiver: Must be in writing and is specific to the instance.

10.9 Amendments: DigiComet may update these Terms and notify Company accordingly.

10.10 Force Majeure: Performance delays due to uncontrollable events are excused.

10.11 Counterparts: Agreement may be executed via email or fax in multiple originals.

10.12 Source Code: Source code is proprietary. No access or use by Company or third parties is permitted. Unauthorized modifications void services and may result in damages.