Terms of Service
Last updated: January 2025 — Please read these legal terms carefully before accessing or using the Loopernode platform and annotation services.
Terms & Conditions of Operation
Clear and enforceable terms governing our service level agreements, intellectual property rights, and platform use.
1. Acceptance of Terms
By accessing, registering, or utilizing the services, web applications, APIs, or datasets provided by Loopernode ("Company", "we", "us"), you ("User", "Client", or "you") agree to be bound by these Terms of Service.
If you are entering into this agreement on behalf of an enterprise entity, corporation, or partnership, you represent and warrant that you possess full legal authority to bind such entity to these Terms. If you do not agree to all terms, you must refrain from using our platform.
2. Description of Services
Loopernode provides end-to-end AI training data solutions, including but not limited to:
3. User Accounts & Responsibilities
Users must maintain absolute confidentiality of their account credentials, API access tokens, and cryptographic keys. You are solely responsible for all activities occurring under your account.
Prohibited Conduct
- • Attempting unauthorized vulnerability scanning, penetration testing, or reverse engineering of platform software.
- • Uploading datasets containing unlawful, toxic, malicious code, or third-party infringing materials.
- • Using automated bots or scrapers to overload infrastructure or bypass rate limits.
4. Intellectual Property Rights
Client Data Ownership
Clients retain 100% full legal ownership, title, and intellectual property rights to all raw input data supplied and the final annotated output datasets produced under their contracts.
Platform Proprietary Rights
Loopernode retains exclusive ownership of all software platform code, custom labeling interfaces, ML auto-labeling models, algorithms, trademarks, and documentation.
5. Payment Terms & Invoicing
Services are invoiced based on agreed Statement of Work (SOW) pricing models (e.g., per-task, hourly, or subscription tiers). Invoices are payable within thirty (30) days of receipt unless otherwise specified.
Late payments are subject to interest charges of 1.5% per month or the maximum statutory rate allowed by law. Clients are responsible for applicable sales, value-added (VAT), or withholding taxes.
6. Limitation of Liability
To the maximum extent permitted by law, Loopernode and its affiliates shall not be liable for indirect, incidental, punitive, special, or consequential damages, including loss of profits, loss of data, or business interruption.
Our total cumulative liability arising out of or related to these Terms or the services provided shall in no event exceed the total aggregate fees paid by Client to Loopernode in the twelve (12) months preceding the incident.
7. Indemnification
You agree to defend, indemnify, and hold harmless Loopernode, its directors, officers, and employees against any third-party claims, damages, liabilities, and expenses arising out of:
- • Any breach of these Terms or representation made herein by Client.
- • Allegations that raw input datasets provided by Client infringe third-party privacy or intellectual property rights.
8. Term & Termination
Either party may terminate an active SOW or account for convenience by providing thirty (30) days written notice. In cases of material breach, termination may occur immediately if the breach remains uncured for fourteen (14) days post notice.
Upon termination, all outstanding unpaid fees become due, and Loopernode will export and deliver all completed client annotations prior to secure data purge.
9. Governing Law & Dispute Resolution
These Terms shall be governed by and construed in accordance with the laws of India, without regard to conflict of law principles.
Any dispute arising out of or in connection with these Terms shall first be submitted to good-faith executive negotiation. Unresolved disputes shall be finally settled by binding arbitration in Kolkata, West Bengal.
10. Contact Information
For questions, formal notices, or custom contract discussions regarding these Terms of Service, please contact our Legal Counsel:
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