TERMS & CONDITIONS OF THE USE OF GLODIGIT

 

Welcome to Glodigit.com - all-sourcing digital marketplace where companies of all sizes, organizations and individuals serves and get served locally and globally. 

Glodigit offers an innovative and borderless all-sourcing marketplace for trading in services, digital assets, skills/talents, and expertise, all that can be offered visually and in-person, without a real-time delivery or shipping. Glodigit is the right choice for you; if you are or you are looking for a company, a startup, an NGO, a freelancer, a techie, a lawyer, an artist, a footballer, a cleaner, a pet-sitter, and even a surrogate mother.

Glodigit is building tools and solutions for everyone: marketplaces, crowdfunding, franshicing, offline POS, e-learning, local tech business centers, local co-working centers, and local e-learning centers. 

 

 

  1. INTRODUCTION

These terms and conditions and user agreement (collectively, the “Agreement”) constitute a legally binding agreement between Web & Cloud LLC, a Miami corporation (“Web & Cloud” or “we” or “us”) and you (or “you” or “your”) and govern your use of Glodigit.com (“Sites”), the Glodigit platform, and all services provided in connection with Glodigit platforms (collectively, the “Platform”). The Platform intends to provide marketplace capabilities that allow for buying and selling of digital and non-digital services (the “Digital Assets & online/offline services of all kind” including on-site services (the “on-site”) to third party users of the Platform (either Service providers or buyers, as the case may be; collectively, the “Users”).

Please read this Agreement carefully:
By clicking on the “Create Account” button during the Account registration process, completing a transaction using the Platform, browsing Glodigit.com, (s), you represent that:

1. You have read, understand, and agree to be bound by this Tersm & Conditions

2. You are of legal age to form a binding contract with Web & Cloud LLC

3. You have the authority to enter into this Agreement as yourself and to bind this Agreement. If you do not agree with the terms of this Agreement, please do not use Glodigit.com or any of our Platforms any further.

Please also read our Privacy Policy, which explains how we collect, use, and share your personal information and/or data.

 

PLEASE NOTE THAT THIS AGREEMENT IS SUBJECT TO CHANGE BY US IN OUR SOLE DISCRETION AT ANY TIME. When changes are made, we will make a new copy of the Agreement available on or through this platform. Except as stated elsewhere or as required by law, court order, or otherwise (in which case, all amended terms shall be effective immediately and your continued use of the Platform signifies and will be deemed your assent to and acceptance of the revised Agreement), all amended terms shall automatically be effective thirty (30) days after they are initially posted. When Glodigit amends this Agreement, Glodigit will make reasonable efforts to provide you with general, not specific, notice of such changes by posting an announcement at on its site, and/or notifying you through electronic mail/delivery. Such announcement shall be maintained for no less than thirty (30) days following the effective date of such amendment. If you do not agree with the amended terms and, accordingly, the Agreement, please do not use the Platform any further. Nonetheless, we suggest that you regularly check this site to view the then-current Agreement. This Agreement may not be otherwise amended except in a writing hand signed by you and us. For purposes of this provision, a “writing” does not include an email message and a signature does not include an electronic signature.

  1. GRANT OF LICENSE

Glodigit grants you, and you accept a non-exclusive, personal, non-transferable limited license to access and use the Platform, subject to your full compliance with the terms and conditions of this Agreement.

  1. ACCOUNT MANAGEMENT

Glodigit Platform may require you to create a Glodigit account (the “Account”). In establishing an Account, you agree to provide only true, accurate, current and complete information about yourself and to update such information as necessary to maintain its truth and accuracy. Creating of an account on Glodigit is free of cost.

Furthermore, you hereby represent and warrant that you (i) may be held liable by and to Glodigit for any misrepresentation made by you in connection with your registration for and use of Glodigit Account/Accounts; (ii) may be held liable by and to the Principal; and (iii) may be held liable by law enforcement, governmental authority or court order. You agreement to indemnify, defend, and hold harmless Glodigit for any breach of the representations, warranties, and covenants contained in this this Agreement.

Upon creation of an Account, Glodigit will provide you access to the Glodigit Platform. The Glodigit Shop allows service providers for listing marketing, promotion, market or advertisement of their online/offline services of all kind, free of charge, except the service provider subscribed to a paid/sponsorship plan.

Glodigit Shop enables service providers to sell, distribute or provide ("Deliver") online/offline services, digital assets, reservations, renting, vouchers, coupons, cards, gift cards, courses, events of all kind and crowdfunding.

  1. TERMS OF SERVICE

Buyers Terms

  • Buyer can purchase digital and non-digital services directly from the service providers, based on the services made available by the service providers on Glodigit marketplaces. Services are listed and sold on Glodigit.com in the following two ways:

1-  Service with a fixed price -  buyer can purchase the service instantly and make a secure payment through Glodigit's payment processor of choice online or choose to pay the service provider directly offline on delivery of the service. We encourage the buyer to ask the service provider if they accept offline payment before choosing the option on checkout. 

2-  Service with 'Ask A Quote'  -  buyer can ask for a quote and negotiate free of charge with the service provider before closing the deal.

  • Buyer holds sole discretion and responsibility for reviewing and accepting the terms of the desired digital product or service or the general terms and conditions on the service providers Shop.
  • Buyer is not eligible for any refund after downloading a Digital Product or Service. If the digital service downloaded has an issue, service provider will fix the issue free of charge but there will be no refund. However, buyer will get a full refund, if the file downloaded is a completely something else than what service provider sold.
  • The refund of non-downloadable services will be in accordance with the service provider, as agreed on  by both parties before order and/or as decided by Glodigit Dispute Department.
  • In order to avoid fraud and delays, it is the responsibility of the buyer to verify, review and accept any order placed. If a buyer fails to accept and no request for modification was submitted for an order for next 5 days after delivery, the order will be automatically marked as completed and the service provider will be paid for the transaction.
  • Buyer may request a specific service quote from the service provider. 
  • Buyer is responsible to provide accurate information needed for the service provider to get the job done, to avoid late delivery or dispute.

service providers Terms

  • Service providers are only allowed to offer and sell services, on the Glodigit Platform. In exceptional circumstances, where a service provider services requires being physically on-site, only in such a situation the service provider can provide on-site services. Examples of on-site services are: cleaning, baby-siting, plumbing, sales girl service, receptionist, per-sitting and all other home and  office services that requires service provider to be present in-person.
  • For every successful sale, service provider will pay 3% to 8% ( 3 to 8 percent) Commission Fee to Glodigit Platform.
  • service provider needs to be 18 years old or above in order to be eligible to sell on Glodigit Platform. Service providers of the age of 15 years till 18 years old can continue selling with authorization and supervision of a Parent or Guardian.
  • As a service provider, do not create a false identity on Glodigit, misrepresent your identity, create a Glodigit profile for anyone other than yourself (a real person), or use or attempt to use another user’s account or information; Your profile information, including your description, skills, location, etc., while may be kept anonymous, must be accurate and complete and may not be misleading, illegal, offensive or otherwise harmful.
  • However, if you want to be heping other companies, organization and/or individuals to create and manage their account, then you first need to signup and complete all formalities of Glodigit Service Desk. Having a local Glodigit Service Desk in your community will give you exclusive right to help an unlimited number of sellers and buyers with buying, selling and making payments on all Glodigit marketplaces.  
  • service provider is required to provide correct and accurate information on each service they are offering.

Service provider Shop:

  • Each Service provider is provided a digital shop with a dedicated space on the Glodigit Platform to showcase their services.
  • It is mandatory for service provider to have a ‘General Terms & Conditions’ under their shop and/or write ‘A SHORT NOTE’ on each service offered or posted on Glodigit platforms with information on what is included in the service and price listed and what is not included.
  • Creating a Glodigit Shop is free for all service providers.
  • service provider can offer and list unlimited digital products or services on the Shop for free.

Delivery Terms:

  • The transaction will be deemed as delivered when provided by the service provider, downloaded by the buyer through Glodigit or Workspace or on-site delivery in exceptional circumstances.
  • service providers needs to specify delivery and terms for each service listed on the platforms.

Refunds:

  • Downloadable digital products or services are not refundable.
  • If the digital service downloaded has an issue, service provider will fix the issue free of charge but there will be no refund.
  • However, buyer will get a full refund, if the file downloaded is a completely something else than what service provider sold.
  • The refund of non-downloadable services will be in accordance with the service provider, as agreed on  by both parties before order and/or as decided by Glodigit Dispute Department.

Payments:

  • service provider can withdraw his earning directly after the buyer has approved to have received the order or the order is marked automatically complete after 5 days of delivery but buyer did not show up to acknowledge to delivery.
  • Payments are made as, for an order agreed by the Buyer as successfully completed.
  • A minimum of $10 payout is required for the service provider to have in order to withdraw account balance on Glodigit.
  • The minimum payout may be higher if a different withdrawal method is used. The details of minimum withdrawal are specified at the Glodigit Platform.
     
  1. TAXES.

The purpose of this section is to highlight some of the more important taxation issues that you will need to consider if you are using our platform. You agree to be solely responsible and liable for the proper administration, imposition, collection, reporting, and remitting of all applicable taxes. We emphasize that this information is not intended and should not be used as legal advice. If you are unsure as to your tax responsibilities then you should seek advice from experts on this subject.

It is your personal responsibility to disclose your earnings to your relevant tax authority and you must ensure that you are paying the correct amount of tax. This is particularly relevant for users who are operating as a business.

Conversion:

Glodigit International - Glodigit.com will calculate and render a converted exchange rate in United States Dollar (USD), regardless of whether you listed the Retail Price of your services in a currency other than USD. All transactions, regardless of Digital Product, or listed currency will be settle in USD, and, accordingly, your Balance will be denominated and redeemable only in USD. Glodigit cannot and does not guarantee the accuracy of the exchange rates displayed due to the fluctuating nature of exchange rates market. Accordingly, Glodigit recommends that you confirm current rates before engaging in any transactions on the Platform.

Glodigit Local Platform - Glodigit local platform will calculate and render a converted exchange rate in the Local currency (eg, Euro, Poud-stelling etc..), regardless of whether you listed the Retail Price of your services in a currency other than the local currency. All transactions or listed currency will be settle in the local currency of the country where the platform is located, and, accordingly, your Balance will be denominated and redeemable only in the local currency. Glodigit cannot and does not guarantee the accuracy of the exchange rates displayed due to the fluctuating nature of exchange rates market. Accordingly, Glodigit recommends that you confirm current rates before engaging in any transactions on your Glodigit Local Platform.

Glodigit Service Desk - Glodigit Service desk will calculate and render a converted exchange rate from the currency of the platform where you are buying/selling/making payment to the local currency you will be paying or geting paid. 

Example 1: if a Glodigit Service Desk agent is helping you to sell on Glodigit.com (the international platform) which the currency is USD and your local currency is Japanese Yen, then your services will be listed in USD, client will pay for your services in USD, the balance on your Glodigit intenational account will be in USD but you will get Japanese Yen paid on your local bank account or cash at your local Glodigit Service Desk. 

Except if you have a local domiciliary bank accont in USD then you will get USD paid on your local bank account.

All transactions or listed currency will be settle in the local currency of the country where Glodigit account is located.

 

  1. USE OF THE PLATFORM.

      When you use the Platform, you assent that:

  • You will not, or attempt to, make any unlicensed or unauthorized use of, or otherwise infringe violate or misappropriate, any patent, copyright, trademark, trade secret, right of privacy, right of publicity, or other intellectual property or proprietary right (collectively, “IP Rights”) of any entity or individual, including, without limitation, incorporating any original, variation or misspellings of any third-party trademarks, service marks, creative assets, or other brand identifiers without proper authorization;
  • You will not, or attempt to, Promote or Deliver Digital Products that: (i) violates, or may violate, the rules or policies of Glodigit, Credit Card Providers or Payment partners; (ii) Prohibited Products and Activities; (iii) constitutes illegal activity or is illegal; (iv) promotes or encourages discrimination based upon race, sex, religion, nationality, disability, sexual orientation or age; (v) targets, or intends to distribute to, children under the age of thirteen (15) years old; (vi) or is abusive towards other people;
  • You will not, or attempt to, defame or impersonate any entity or person, including, without limitation, copying the “look and feel” of any third-party website or branding, or conveying or implying that you are operating a third-party website or entity;
  • You will not, or attempt to, disassemble, reverse engineer, or decompile any part of the Platform;
  • You will not, or attempt to, embed, insert, include, or disseminate any viruses or other harmful, or potentially harmful, data or technology into or through the Platform, including, without limitation, for the purposes of disrupting, damaging, or interfering with the Platform and/or other users of the Platform;
  • You will undertake best efforts to ensure that all communications and/or representations you made in connection with your offer (s) will: (i) be accurate and contain all disclosures and disclaimers necessary to prevent such communications and/or representations from being false, deceptive, or misleading; and (ii) otherwise comply with all applicable laws, regulations, advisories, and policies related to consumer protection;
  • You will promptly: (i) respond to inquiries from Glodigit; (ii) notify Glodigit of any regulatory or legal complaints, or threats of such complaints, that you receive in connection with or in relation to a service; and (iii) in connection with (ii) directly above, assist, at your sole cost and expense, in taking any appropriate or necessary actions reasonably requested by Glodigit to respond to and/or resolve such complaints; and
  • You will comply with all applicable laws, regulations, court orders, third party rights, applicable industry requirements (including, but not limited to, any and all applicable provisions of the Visa International Operating RegulationsMasterCard Merchant Rules, and PCI compliance standards), and any Glodigit policy or standard that may be issued from time to time.

AVAILABILITY OF SERVICES, SUSPENSION AND TERMINATION

Subject to the terms and conditions of this Agreement and Glodigit's policies and procedures, Glodigit shall use commercially reasonable efforts to provide the Platform in a manner that will not disrupt your business. You acknowledge and agree that from time-to-time, the Platform may be inaccessible or inoperable for reasons including, without limitation: (i) equipment malfunctions; (ii) periodic maintenance procedures or repairs; or (iii) causes beyond the reasonable control of Glodigit or that are reasonably unforeseeable by Glodigit, including, without limitation, interruption or failure of telecommunication or digital transmission links, hostile network attacks, network congestion or other failures. You acknowledge and agree that Glodigit is not liable for interruptions to the availability of the Platform and further acknowledge that Glodigit does not guarantee access to the Platform on a continuous and uninterrupted basis.

Glodigit may decline, remove or halt sales of any service, suspend or terminate an Account, at any time, after being clearly discussed with you.

Glodigit, in its sole discretion, may suspend or terminate your Account(s), or retain any or all funds in your Balance, if Glodigit suspects or has reason to believe and/or if a person otherwise claims that you have violated the law or breached any term of this Agreement. In addition to the foregoing, and all other rights and remedies available to Glodigit at law or in equity and notwithstanding anything in the Agreement to the contrary, in the event you breach any term of this Agreement, or your Account becomes dormant and/or has a negative Balance, Glodigit will have the right to immediately suspend or terminate your Account and your rights to access, use and/or otherwise participate in the Platform. Upon such termination, you agree to immediately cease all use of the Platform. Without limiting the foregoing, Glodigit shall have the right to immediately terminate your access and use of the Platform, or any portion thereof, in the event of any conduct that Glodigit, in its sole discretion, considers unacceptable. Following suspension or termination of an Account or retaining of funds pursuant to this Section, Glodigit will review your Account in a manner determined by Glodigit in its sole discretion. You agree to cooperate with this review if asked. If the review concludes that there is a reasonable basis to believe misconduct has occurred, you agree that Glodigit may retain funds in your Glodigit Account as liquidated damages and/or for the benefit of Glodigit or third parties affected by the misconduct. You acknowledge and agree that such liquidated damages: (i) are not a penalty, and (ii) are reasonable and not disproportionate to such presumed damages to Glodigit.

  1. GLODIGIT'S IP RIGHTS

Glodigit is a trademark of Web & Cloud LLC, a US tech-enabled firm, specialized in consulting, mentoring, strategy and implementation in the field of tech biz, high-tech, cloud-tech, fin-tech, business negotiation & globalization since 2003. Glodigit shall be and remain the sole owner of all right, title and interest in and to the Platform (including, without limitation, all IP Rights therein) and any other IP Rights, materials or other properties owned, licensed or controlled by Glodigit, and you hereby assign to Glodigit all right, title and interest you may be deemed to have therein. Accordingly, any use of the IP Right of Glodigit shall inure to the exclusive benefit of Glodigit. All rights not specifically granted to you under this Agreement are expressly reserved by Glodigit.

  1. PERMITS AND LICENCES

It is your sole responsibility to obtain and maintain all applicable consents, licenses and permits required for the operation of your services.

  1. INDEMNIFICATION

In the event a third party makes any demand or complaint, or commences any action or files any claim whatsoever (each, a “Claim”) in connection with your use of the Platform, including without limitation your activities to Promote and/or Deliver services, you shall defend, indemnify and hold harmless Glodigit, its related parties and affiliates, and its officers, directors, employees, representatives, agents, licensors, attorneys, heirs, successors, and assignees (each, a “Glodigit Party”; and collectively, the “Glodigit Parties”), from and against any and all damages, liabilities, claims or costs (including the costs of investigation, defense, litigation, and reasonable attorneys' fees and costs) (“Losses”) incurred by any Glodigit Party as a result of such Claim, regardless of whether such Losses are direct, incidental, consequential, punitive or statutory.

Upon receiving notice of a Claim for which Glodigit is entitled to indemnification by you, Glodigit shall provide you with written notification and the opportunity to assume sole control over the defense or settlement of the Claim and reasonable assistance to settle and/or defend the Claim at your sole expense; provided, however, that (i) any settlement which would impose a non-monetary obligation on and/or admission or finding of liability or wrongdoing by Glodigit will require Glodigit's prior written consent; (ii) the failure to provide timely notice, control, or assistance shall not relieve you of your indemnification obligations; and (iii) Glodigit may have its own counsel present at and participating in all proceedings or negotiations relating to a Claim, at Glodigit's own expense, unless you fail or refuse to secure legal counsel to defend any Claim in a timely manner, in which case you shall pay all expenses related to Glodigit's use of such counsel.

  1. LIMITATION OF LIABILITY

In no event shall any Glodigit party, or its heirs, successors and assigns, be liable for any indirect, incidental, special, punitive, or consequential damages whatsoever arising out of, resulting from, or in connection with this agreement and/or any (a) use of or inability to use the platform, (b) personal injury, property damage, or losses of any kind, resulting from your access to and/or use of the platform, (c) unauthorized access to or use of any and all personal information and/or financial information stored therein, (d) interruption or cessation of transmission to or from the platform, and/or (e) bugs, viruses, trojan horses, or the like, which may be transmitted to or through the platform, whether or not Glodigit is advised of the possibility of such damages. Notwithstanding anything herein to the contrary, the maximum cumulative and aggregate liability of Glodigit for all costs, losses or damages from claims arising under or related in any way to this agreement, whether in contract, tort or otherwise, shall not exceed an amount equal to the total amounts due and payable by Glodigit to you under this agreement for the month immediately preceding the date upon which such damages accrue. The limitation of liability herein is a fundamental element of the basis of the bargain and reflects a fair allocation of risk. The platform, and any services or information offered through or in association with the platform, would not be provided without such limitations and you agree that the limitations of liability and disclaimers specified herein will survive and apply even if found to have failed of their essential purpose. Because some jurisdictions do not allow the exclusion or limitation of certain categories of damages, in such jurisdictions, you agree that the liability of Glodigit shall be limited to the fullest extent permitted by such jurisdiction.

  1. NO GUARANTEE

Glodigit does not endorse, approve, or certify any information provided on or through the Platform, nor does it guarantee the accuracy, completeness, efficacy, timeliness, or correct sequencing of such information. Information provided on or through the Platform may or may not be current as of the date of your access, and Glodigit has no duty to update and maintain such information. Additionally, the information provided on or through the Platform may be changed periodically without prior notice. All content provided on or through the Platform is provided "AS IS." Use of such information is voluntary, and reliance on it should only be undertaken after an independent review of its accuracy, completeness, efficacy, and timeliness. If you have a dispute with one or more users, including any users that has bought services from you as a Buyer or any user from whom you have purchase a service as service provider, you release us (and our officers, directors, agents, subsidiaries, joint ventures and employees) from claims, demands and damages (actual and consequential) of every kind and nature, known and unknown, arising out of or in any way connected with such disputes, that cannot be resolved by Glodigit Dispute Department.

YOU ARE SOLELY RESPONSIBLE FOR ALL OF YOUR COMMUNICATIONS AND INTERACTIONS WITH OTHER USERS OF THE PLATFORM. YOU UNDERSTAND THAT GLODIGIT DOES NOT MAKE ANY ATTEMPT TO VERIFY THE STATEMENTS OF USERS OF THE PLATFORM.

  1. DISCLAIMER

GLODIGIT MAKES NO WARRANTY, REPRESENTATION OR CONDITION THAT: (1) THE PLATFORM WILL MEET YOUR REQUIREMENTS; (2) YOUR USE OF THE PLATFORM WILL BE UNINTERRUPTED, TIMELY, SECURE OR ERROR-FREE; (3) THE RESULTS THAT MAY BE OBTAINED FROM USE OF THE PLATFORM WILL BE ACCURATE OR RELIABLE; OR (4) ANY ERRORS IN THE PLATFORM WILL BE CORRECTED. ANY CONTENT DOWNLOADED FROM OR OTHERWISE OBTAINED THROUGH THE PLATFORM IS ACCESSED AT YOUR OWN RISK, AND YOU SHALL BE SOLELY RESPONSIBLE FOR ANY DAMAGE TO YOUR PROPERTY OR PERSON, INCLUDING, BUT NOT LIMITED TO, YOUR COMPUTER SYSTEM AND ANY DEVICE YOU USE TO ACCESS THE PLATFORM, OR ANY OTHER LOSS THAT RESULTS FROM ACCESSING SUCH CONTENT.

  1. LEGAL DISPUTES

If a dispute arises between you and Glodigit, our goal is to provide you with a neutral and cost-effective means of resolving the dispute quickly. Accordingly, you and Glodigit agree that we will resolve any claim or controversy at law or equity that arises out of this Agreement or our services in accordance with one of the subsections below or as we and you otherwise agree in writing. Before resorting to these alternatives, we strongly encourage you to first contact us directly by email at terms@glodigit.com to seek a resolution. We will consider reasonable requests to resolve the dispute through alternative dispute resolution procedures, such as mediation or arbitration, as alternatives to litigation.

This Agreement shall be governed in all respects by the laws of the State of Florida as they apply to agreements entered into and to be performed entirely within Florida between California residents, without regard to conflict of law provisions. You agree that any claim or dispute you may have against Glodigit must be resolved exclusively by a state or federal court located in Florida, except as otherwise agreed by the parties or as described in the Arbitration Option paragraph below. You agree to submit to the personal jurisdiction of the courts located within Florida for the purpose of litigating all such claims or disputes.

15. DIGITAL MILLENNIUM COPYRIGHT ACT NOTICE (DMCA)

If you believe that your copyrighted work has been copied in a way that constitutes copyright infringement and is accessible on or through the Platform, please notify Glodigit’s copyright agent, as set forth in the Digital Millennium Copyright Act of 1998 (“DMCA”). For your complaint to be valid under the DMCA, you must provide the following information in writing:

  • A physical or electronic signature of a person authorized to act on behalf of the owner of an exclusive right that is allegedly infringed;

  • Identification of the copyrighted work claimed to have been infringed, or, if multiple copyrighted works at a single online site are covered by a single notification, a representative list of such works at that site;
  • Identification of the material that is claimed to be infringing or to be the subject of infringing activity and that is to be removed or access to which is to be disabled, and information reasonably sufficient to permit Glodigit to locate the material;
  • Information reasonably sufficient to permit Glodigit to contact the complaining party, such as an address, telephone number, and, if available, an electronic mail address at which the complaining party must be contacted;
  • A statement that the complaining party has a good faith belief that use of the material in the manner complained of is not authorized by the copyright owner, its agent, or the law; and
  • A statement that the information in the notification is accurate, and under penalty of perjury, that the complaining party is authorized to act on behalf of the owner of an exclusive right that is allegedly infringed.

The above information must be submitted to the following address:

Glodigit,
_______________

Only DMCA notices mailed to terms@glodigit.com will be accepted. All other inquiries or requests will be discarded. Upon receiving a complaint related to copyright infringement, Glodigit may remove the content identified/reported as being infringing. In addition, Glodigit may, but is under no obligation to, terminate the Account of the party that appears to be the infringer.

16. NO AGENCY

No agency, partnership, joint venture, employee-employer or franchiser-franchisee relationship is intended or created by this Agreement.

17. ASSIGNMENT

Glodigit may freely assign or transfer any or all of the rights and obligations described in this term, or this Agreement in its entirety in connect with a merger, acquisition, or sale of assets or by operation of law or otherwise. You may not assign this Agreement or any of your rights and duties hereunder without the prior written consent of Glodigit. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns.

18. SEVERABILITY

If any provision of this Agreement is determined by a court to be unenforceable or invalid, the validity of the remaining parts, terms or provisions shall not be affected by that determination, and such court shall substitute a provision that is legal and enforceable and is as close to the intentions underlying the original provision as possible.