Terms and Conditions

Monomer Bio, Inc.

TERMS AND CONDITIONS FOR PRODUCTS AND SERVICES

These Terms and Conditions (the “Terms”) are made as of the effective date (the “Effective Date”) set forth in any Order (as defined below) entered by and between Monomer Bio, Inc., a Delaware corporation, 51 Outlook Circle, Pacifica, California 94044 (“Monomer Bio”) and the person or entity named as a customer in the Order (“Customer”). These Terms combined with all current Orders are collectively referred to as the “Agreement” and govern the relationship between Monomer Bio and the Customer with respect to all Monomer Bio products and services (as defined below) sold and purchased pursuant to an Order. Each of Monomer Bio and Customer are referred to as a “Party” and collectively as the “Parties.”

Capitalized terms defined in Section 1 or elsewhere in these Terms shall have the specific meanings given them when used in the Agreement.

These Terms are also subject to the terms and conditions of the current Monomer Bio Privacy Policy. The Privacy Policy is available via the following link: monomerbio.com/privacy_policy.pdf, or upon request by email using the contact information at the end of these Terms.

These Terms take precedence over any terms or conditions contained in any other documents of the Parties. Any general terms and conditions contained in a purchase order or other document issued by Customer shall be of no effect and are hereby expressly rejected by Monomer Bio. In the event of any conflict between these Terms and any purchase order or any other document issued by Customer, these Terms shall prevail.

CUSTOMERS SHOULD REVIEW THESE TERMS CAREFULLY. THESE TERMS FORM A LEGALLY BINDING AGREEMENT BETWEEN MONOMER BIO AND THE CUSTOMER REGARDING THE PRODUCTS AND SERVICES PROVIDED BY MONOMER BIO.

In consideration of the mutual covenants and conditions set forth below, Monomer Bio and Customer agree as follows:

Definitions.
1. “Authorized Users” means employees or contractors of Customer who are authorized to access the Services using a user identifier and password provided to Customer by Monomer Bio or set-up by Customer.
2. “Customer Data” has the meaning stated in Section 6.
3. “Intellectual Property Rights” means all intellectual property rights and protections worldwide, including any: (a) patents, including any applications, all reissuances, continuations, continuations-in-part, revisions, extensions, and re-examinations thereof; (b) copyrights; (c) Internet domain names, trademarks, service marks, and trade dress, together with all goodwill associated therewith; (d) trade secrets; (e) rights in databases and designs; (f) moral rights, rights of privacy, rights of publicity, and similar rights; and (g) any other proprietary rights and protections, whether currently existing or hereafter developed or acquired arising under statutory or common law, including all applications, disclosures, and registrations with respect thereto.
4. “Order” means an order form, executed by both Parties, that sets forth the Products and Services ordered by Customer, the schedule of payments for the Products and Services, and any additional terms specific to the Customer’s order.
5. “Products” the electronic devices, sensors, and any other equipment purchased by Customer from Monomer Bio pursuant to an Order.
6. “Services” means the services identified in and purchased pursuant to an Order, including the Monomer Bio browser-based software application and all related configuration, implementation, maintenance, and support services.
Customer Orders.
1. All Orders are subject to such credit approval as Monomer Bio deems necessary. Acceptance of an Order is independent from any other Order. Quoted prices are effective until the expiration date of Monomer Bio’s quote, but may change due to shortages in materials or resources, increase in the cost of manufacturing, or other factors. Orders may contain charges for shipping and handling.
2. Customer’s acceptance and signing of an Order form constitutes an offer to purchase the Products and Services subject to these Terms. No Order is binding on Monomer Bio unless and until accepted by Monomer Bio.
3. Monomer Bio may cancel an order before completion and shipment of the Products if Customer is in breach of these Terms, including any payment obligations.
4. Monomer Bio may revise or discontinue the sale of Products at any time. Any such changes shall be applicable if made prior to Monomer Bio’s acceptance of an Order.
Products.
1. Monomer Bio sells and Customer purchases the Products on a non-exclusive basis. The sale and purchase by the Parties are made solely subject to these Terms and the applicable Order.
2. Unless expressly agreed otherwise by the Parties in writing, Monomer Bio shall select the method of shipment and the carrier for the Products. Each shipment will constitute a separate sale, and Customer shall pay for the Products shipped whether the shipment is in whole or partial fulfillment of an Order. All prices are FOB Monomer Bio’s location.
3. Any time quoted by Monomer Bio for delivery is an estimate only. Monomer Bio is not liable for any loss or damage arising from any delay in filling any Order, failure to deliver or delay in delivery. No delay in the shipment or delivery of any Products relieves Customer of its obligations under these Terms, including without limitation accepting delivery of any remaining installments of Products.
4. Monomer Bio shall properly pack, mark, and ship Products and provide Customer with shipment documentation showing the Order number or other applicable information.
5. Customer shall inspect the Products within 10 business days of taking delivery ("Inspection Period") and either accept or reject such Products if they do not conform to the Order. Customer will be deemed to have accepted the Products unless it notifies Monomer Bio in writing of any nonconformance during the Inspection Period and furnishes such written evidence or other documentation as reasonably required by Monomer Bio. If Customer timely notifies Monomer Bio of any nonconforming Products, Monomer Bio shall determine whether the Products are nonconforming. If Monomer Bio so determines, then Monomer Bio shall either replace any nonconforming Products with conforming Products, or refund the purchase price for the nonconforming Products together with all shipping and handling expenses paid by Customer.
6. Customer shall ship the nonconforming Products to Monomer Bio's facility. If Monomer Bio exercises its option to replace nonconforming Products, Monomer Bio shall, after receiving Customer's shipment of nonconforming Products, ship to Customer, at Monomer Bio’s expense, the replacement Products.
7. CUSTOMER ACKNOWLEDGES AND AGREES THAT THE REMEDIES SET FORTH IN THIS SECTION ARE CUSTOMER'S EXCLUSIVE REMEDIES FOR THE DELIVERY OF NONCONFORMING PRODUCTS, SUBJECT TO CUSTOMER'S RIGHTS UNDER THE WARRANTY PROVISIONS OF THESE TERMS.
8. Except as provided under this section and the warranty provisions of these Terms, Customer has no right to return Products purchased pursuant to these Terms.
9. Upon delivery and payment by Customer, title to the Products shall pass to Customer. Risk of loss to all Products ordered passes to Customer upon Monomer Bio’s tender of the Products to the carrier for delivery.
Services.
1. Subject to the terms and conditions of the Agreement, Monomer Bio will provide the Services purchased pursuant to any Order for the term of the Agreement. The Services are provided strictly for Customer’s internal use unless the Parties agree otherwise in writing.
2. The Services will be used or accessed only by Authorized Users and only for Customer’s internal use. Customer will not: (i) license, sublicense, sell, resell, rent, lease, transfer, assign, distribute, time share or otherwise commercially exploit or make the Services available to any third party, other than as expressly permitted by this Agreement; (ii) create derivative works based on or reverse engineer the Products and Services; (iii) interfere with or disrupt the integrity or performance of the Services; (iv) attempt to gain unauthorized access to the Products, Services, or their related systems or networks; or (v) use the Products or Services to store of transmit infringing, libelous, or otherwise unlawful content or material, or to store or transmit content or material in violation of any rights of any third party.
3. Customer will safeguard, and ensure that all Authorized Users safeguard any user names and passwords. Customer is responsible for the Authorized Users’ compliance with the Agreement. Customer will be responsible for all acts and omissions of Authorized Users or any users that access the Services using the name and password of any Authorized User. Customer will notify Monomer Bio immediately if it learns of any unauthorized use of any user names or passwords or any other known or suspected breach of security.
Reservation of Rights.
1. As between Customer and Monomer Bio, all title and Intellectual Property Rights in and to the Products and Services are owned exclusively by Monomer Bio. Customer is a subscriber to the Service; the Service is not sold to Customer. No title to or ownership of the Services, or any proprietary rights related to the Services, is transferred under or by virtue of the Agreement. Monomer Bio reserves all rights in and to the Services not expressly granted to Customer under the Agreement. Further, the Agreement does not authorize Customer to use any name, trademark, or logo of Monomer Bio.
2. Customer hereby grants to Monomer Bio a royalty-free, worldwide, transferable, sub-licensable, irrevocable, perpetual license to use and incorporate into the Products and Services any suggestions, enhancement requests, recommendations, or feedback provided to Monomer Bio by Customer and its Authorized Users relating to the Products and Services.
Customer Data.
Usage Data.
Fees.
1. Customer will pay to Monomer Bio the fees for the Products and Services as set forth in and on the applicable Order. All fees charged are nonrefundable except when this Agreement expressly provides otherwise.
2. Fees are due and payable within thirty (30) days of Customer’s receipt of the applicable invoice. All amounts payable by Customer to Monomer Bio hereunder are exclusive of any sales, use, VAT, and other taxes or duties, however designated (collectively “Taxes“). Customer will be solely responsible for payment of any Taxes, except for those taxes based on the income of Monomer Bio. Customer will not withhold any Taxes from any amounts due unless authorized by Monomer Bio.
3. Customer shall pay interest on all overdue fee balances of 1.5% per month or the highest rate allowed by law, whichever is lower. Monomer Bio reserves the right to suspend or terminate Customer’s access to the Services if Customer fails to pay any fees when due. Monomer Bio shall be entitled to recover all reasonable expenses incurred in collecting any overdue invoices, including legal fees and court costs.
4. Monomer Bio may increase its fees for the Services after the initial term of Customer’s subscription upon notice to Customer. The pricing terms stated in the Order will be deemed amended upon Customer’s receipt of the fee increase notice.
5. The fee and payment terms stated in this Section 8 will apply to all Orders unless expressly changed with the written approval of both Monomer Bio and Customer.
Term and Termination.
1. Initial Term- Unless terminated in accordance with this Section 9, this Agreement and Customer’s subscription for the Services will become effective on the Effective Date and continue for the period of time set forth in the applicable Order. If the Order does not state an initial term, then such term shall be one (1) year from the Effective Date.
2. Renewal Terms- Following the initial term and except as earlier terminated as described below, this Agreement will automatically renew for successive one (1) year renewal terms, unless either Party provides notice to the other of its intention to allow the Agreement to expire at least thirty (30) days prior to expiration of the then-current term..
3. Termination for Convenience- Customer may terminate this Agreement for any reason by providing thirty (30) days written notice to Monomer Bio.
4. Termination for Breach- Each Party may terminate this Agreement upon written notice to the other Party in the event the other Party commits any material breach of this Agreement and fails to cure such breach within thirty (30) days after written notice of such breach is given.
5. Obligations on Termination- Upon expiration or termination of this Agreement all rights granted hereunder by Monomer Bio and all obligations of Monomer Bio to provide the Services will immediately terminate. Upon the termination of this Agreement for any reason, each party will be released from all obligations to the other arising after the date of expiration or termination, except that provisions which by their nature should survive termination will survive, including but not limited to: restrictions against reverse engineering and the development of derivative works based on the Products and Services; the reservation of Intellectual Property Rights; indemnity obligations; confidentiality obligations; warranty disclaimers; and limitations of liability. All fees for the Products and Services are nonrefundable. Without limiting the foregoing, no refunds or credits will be issued for partial periods of service, downgrade refunds or refunds for period unused in the event of termination under this Agreement.
6. Access to or Return of Customer Data after Termination- Customer shall have up to sixty (60) days after termination of a subscription to the Services to access and use the Services to download copies of the Customer Data. If any Customer Data cannot be accessed by Customer via the Services interface, upon Customer’s request Monomer Bio will provide a copy of all Customer Data stored in the Services for the 60-day period following termination of the Customer’s subscription. After expiration of such period, Monomer Bio may permanently delete all Customer Data stored via the Services or otherwise in its possession and control.