For purposes of this Agreement, the following capitalized terms shall have the meanings set forth below:
1.1. “Acceptance Criteria” means the specific, objective specifications, functional requirements, and testing parameters for Deliverables or Services as expressly defined and documented in an applicable Statement of Work.
1.2. “Affiliate” means, with respect to a Party, any entity that directly or indirectly controls, is controlled by, or is under common control with such Party, where “control” means the ownership of more than fifty percent (50%) of the voting securities or other ownership interests.
1.3. “Change Order” means a formal written document, signed by authorized representatives of both Company and Client, that legally modifies the scope, schedule, fees, acceptance criteria, or other terms of an existing, executed Statement of Work.
1.4. “Client Data” means all text, graphics, images, music, audio, video, information, data feeds, and other materials uploaded, provided, or made available by Client or Client’s authorized users to Company in connection with the Services or the SaaS Platform.
1.5. “Confidential Information” means all non-public information disclosed by one Party (the “Disclosing Party”) to the other Party (the “Receiving Party”), whether orally or in writing, that is designated as confidential or that reasonably should be understood to be confidential given the nature of the information and the circumstances of disclosure. Company’s Confidential Information includes the Pre-Existing IP, pricing models, source code, and Deliverables.
1.6. “Deliverables” means any custom configurations, reports, integration code, APIs, documentation, training materials, or other tangible or intangible work product specifically created for and delivered to Client by Company as part of the Services under an SOW. Deliverables expressly exclude the underlying SaaS Platform and all Pre-Existing IP.
1.7. “Hardware” means the physical devices and physical accessories provided by Company in connection with the Services as detailed in an SOW, including but not limited to Samsung Galaxy Tab Active or any other device recommended by the Company (Smart Gladiator team), series devices, protective ruggedized cases, operational straps, screen protectors, and power cords. This also includes other hardware such as Pallet tunnel, Stretch wrap mount, packing station mount, aluminum frames, and any other mounting hardware provided by the Company.
1.8. “Pre-Existing IP” (also referred to as Background IP) means all intellectual property rights, methodologies, software, tools, algorithms, materials, trade secrets, concepts, and know-how owned by or licensed to Company prior to the Effective Date or developed independently of the Services provided hereunder. This includes, without limitation, the core LoadProof SaaS Platform, the SG Lockdown App, the SG Mirror App, the LoadProof Viewer App, the LoadProof Forms App and any other apps or tools provided by the Company and all underlying code and architectures.
1.9. “Professional Services” or “Services” means the consulting, implementation, configuration, systems integration, hardware provisioning, staging, training, or other managed professional services provided by Company to Client as explicitly described in a valid Statement of Work.
1.10. “Statement of Work” or “SOW” means a written document executed by both Parties that describes the specific Professional Services to be performed, Deliverables to be provided, Hardware to be provisioned, project schedule, milestones, and associated fees.
1.11. “Term” means the duration of this Agreement as set forth in Section 13.1, or the duration of an individual SOW as specified therein.