Standard Terms and Conditions of Business for Clients

1. Definitions

1. 1. “Agency” refers to Wild World Impact Ltd, a creative agency providing various creative services.
   2. “Client” refers to the party engaging the services of the Agency.
   3. “Intellectual Property” refers to all copyrights, trademarks, trade secrets, patents, and any other intellectual property rights created by the Agency in the course of providing services to the Client.

2. Services

1. 1. The Agency agrees to provide the Client with creative services as specified in the cost estimate.
   2. The Client shall provide all necessary information, materials, and approvals required for the completion of the services in a timely manner.

3. Ownership of Intellectual Property

1. 1. All Intellectual Property created by the Agency during the provision of services shall remain the exclusive property of the Agency.
   2. The Client is granted a non-exclusive, perpetual, and worldwide license to use the Intellectual Property solely for the purposes specified in the cost estimate.
   3. The license to use only comes into effect from the date of receipt of full and final payment for the work, receipt meaning funds cleared into the Agency’s bank account.
   4. The Client shall not have the right to modify, transfer, or sublicense the Intellectual Property without the express written consent of the Agency.

4. Payment Terms

1. 1. The Client agrees to pay the Agency for the services rendered as specified in the cost estimate.
   2. Invoices will be issued by the Agency and are payable within 14 calendar days from the date of the invoice.
   3. The Client shall make all payments in the currency specified in the cost estimate.
   4. If the Client fails to make payment within the specified timeframe, the Agency reserves the right to charge interest at a rate of 10% per annum on the outstanding amount, and may also suspend work until payment is received.

5. Termination

1. 1. Either party may terminate the agreement with written notice if the other party breaches a material term of the agreement and fails to remedy the breach within 7 Days days of receiving notice.
   2. If the Client terminates the agreement, the Client shall pay the Agency for all services rendered up to the date of termination.

6. Confidentiality

1. 1. Both the Agency and the Client agree to maintain the confidentiality of all information and materials received from each other during the course of the project.

7. Limitation of Liability

1. 1. The Agency’s liability for any claims arising out of or in connection with the services shall be limited to the total fees paid by the Client to the Agency.

8. Governing Law

1. 1. This agreement shall be governed by and construed in accordance with the laws of England and Wales.

9. Entire Agreement

1. 1. This agreement constitutes the entire understanding between the parties with respect to the services and supersedes all prior agreements and understandings, whether written or oral.

10. Amendments

1. 1. Any changes to this agreement must be made in writing and signed by both parties.

By engaging the services of the Agency, the Client acknowledges and agrees to these terms and conditions. These terms and conditions may be subject to modification at the discretion of the Agency, with written notice provided to the Client.