General Stipulations

General Stipulations

regarding

Dipcon AB’s

assignment including payment terms

2012:1

1.

“Dipcon” refers in these stipulations to Dipcon AB or another company appointed in its place.

2.

Invoices will be issued monthly for ongoing work and annually for subscription fees. Invoices issued by Dipcon fall due for payment fifteen (15) days after the issue date on the invoice, unless otherwise agreed. The correct invoicing address is considered to be the one given by the client until such time as another address is delivered in writing to Dipcon.

3.

Dipcon reserves the right to debit the client partial remunerations or fee sums on account.

Dipcon reserves the right to debit for any changes in currency and fee rates incurred with each respective top domain administrator as well as transaction costs related to Dipcon’s order for payment. 

4.

Dipcon has the right after the invoice-specified due date— fifteen days after the invoice date—to debit penal interest on arrears with an annual interest rate corresponding to that fixed by the Bank of Sweden, at the currently applicable official discount rate, with an addition of eight (8) percentage points.

5.

Dipcon has the right to deduct fees and expenses payable to Dipcon from the client’s funds account where applicable on the fifth day after the invoice issue date per the above. This right applies regardless of the sum of client funds available in the account. If the client funds must be accounted prior to the abovementioned point, Dipcon has the right to withhold a sum equivalent to the invoice total.

6.

In the event that Dipcon has not received payment within the agreed-upon time per the above, Dipcon has the right at any point following to waive the assignment and conclude other assignments for the client. The same applies where Dipcon has issued a request to the client for an advance or on-account payment and said payment has not been made by the due date.

7.

In the event that a pledge or other comparable security has been made for payment to Dipcon, Dipcon has the right, as it considers best and with normal care, to convert said pledge to cash. Moreover, Dipcon has the right to return or otherwise dispose of the pledge without any other guarantor obtaining rights to the pledge.

8.

The client is aware that no agreement has been made between the parties regarding remuneration based on special result in the individual commission.

The commissions are performed entirely on current account or via annual subscription fee, per the currently applicable debiting norms within Dipcon or agreement. The client shall be informed of changes in price regarding subscription-related assignments, in each instance, no later than six months prior to the end of the period of agreement.

Each new assignment shall be specified and accepted by both parties, at which point mail, fax or e-mail shall be exchanged, which will also occur when the bid is issued.

9.

Using credit-rating agencies, Dipcon may conduct customary credit checks via investigations into credit rating or otherwise. Should such credit rating investigations indicate that Dipcon is at risk not obtaining payment for future fees and expenses, Dipcon has the right to wait with further work for the client until such time as security for payment has been pledged.

10.

The above terms apply for all currently ongoing or future assignments that Dipcon has or will have for the client. These General Stipulations also extend to cover other assignments for legal persons within the same group as the client or sister companies to the client.

11. 

a. Framework agreement run until further notice per calendar year with a mutual period of notice of 12 months.

b. Subscription-related (DMS and TMS) agreements run until further notice per calendar year with a mutual period of notice of 12 months. (Example: Hence agreements cancelled 2012-03-15 run until 2013-12-31.)

12.

In the event that the client finds the fee charged exorbitant, a written objection to this effect shall be issued immediately to Dipcon.

13.

These stipulations only apply to the extent that no other binding law or special (issued in writing and signed) agreement between the parties stipulates otherwise.

14.

Dipcon is liable for damage suffered by the client only where Dipcon, through error or neglect in the performance of the assignment, caused said damage. With possible administration rights for the client to any extent, Dipcon is not liable for any damages. Liability is limited to SEK 2,000,000.

15.

Application of these stipulations is subject to Swedish law.

16.

Disputes following from these stipulations shall be submitted for resolution by Swedish courts of law.