Submission Contract Last updated July 19, 2023
This Submission Contract (the “Contract”) is entered into by and between YOU (“AI Business”) and US at Mapxai.com (“MapxAI Corp”) (collectively referred to as the “Parties”) as of the date of submission.
- Submission of AI Product/Service:
AI Business agrees to submit its AI product(s) and/or service(s) (the “Product”) for listing on Mapxai.com. The Product details, including its features, functionalities, pricing, and other relevant information, shall be provided by AI Business during the submission process.
- Grant of Rights:
AI Business grants MapxAI Corp a non-exclusive, worldwide, royalty-free license to display, promote, and distribute the Product on Mapxai.com. This includes the right to use AI Business’s name, trademarks, logos, and other related materials solely for the purpose of promoting and showcasing the Product on the platform.
- Commission Fee:
AI Business agrees to pay MapxAI Corp a commission fee of 10% of the total sales generated through Mapxai.com for the Product. The commission fee will be based on the agreed-upon revenue model, whether it is a monthly or yearly subscription fee or any other revenue-generating model associated with the Product.
- Payment and Reporting:
AI Business shall provide accurate and timely reports of the sales generated through Mapxai.com. Payments of the commission fee shall be made by AI Business to Mapxai.com within 7 business days of the end of each payment period as specified in the submission contract.
- Duration and Termination:
This Contract shall commence upon the acceptance of AI Business’s submission by Mapxai.com and shall remain in effect until terminated by either Party with  days written notice. Mapxai reserves the right to remove or suspend the listing of the Product on Mapxai.com if AI Business fails to comply with the terms of this Contract.
During the term of this Contract, the Parties may have access to certain confidential and proprietary information of the other Party. Both Parties agree to keep such information confidential and not disclose it to any third party without prior written consent.
- Governing Law and Jurisdiction:
This Contract shall be governed by and construed in accordance with the laws of [California]. Any disputes arising out of or in connection with this Contract shall be subject to the exclusive jurisdiction of the Supreme court of California.
By submitting the Product for listing on Mapxai.com, YOU therefore acknowledges that it has been read, understood, and agree to be bound by the terms and conditions of this Contract.
For support and inquiries kindly contact us on: firstname.lastname@example.org