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Terms & conditions

Terms and Conditions

Welcome to Vela Advisory, an AI advisory and venture studio dedicated to helping organizations navigate the future of artificial intelligence. By accessing or using our services, you agree to the following terms and conditions.

1. Definitions

"Company," "we," "our," or "us" refers to Vela Advisory.
"Client," "you," or "your" refers to the business or individual engaging our services.
"Services" means the consulting, training, engineering, and related materials provided by Vela Advisory.

2. Services provided

Vela Advisory offers AI advisory services, including but not limited to AI strategy consulting, AI opportunity assessments, employee training and enablement programs, custom AI application development, system integration, and related advisory services. All services are tailored to client needs and provided based on agreed scopes of work.

3. Use of services

Clients agree to provide accurate, complete information necessary for the delivery of our services. You must not misuse our services or use them for unlawful activities.

4. Fees and payment

All fees will be outlined in a formal proposal or contract. Payment terms are typically 30 days from the invoice date unless otherwise agreed. Late payments may incur interest charges.

5. Intellectual property

All content, deliverables, and materials created by Vela Advisory during the engagement remain the property of Vela Advisory unless explicitly transferred in writing. Clients receive a non-exclusive, non-transferable license to use the materials for internal business purposes.

For custom AI solutions and engineering deliverables, specific intellectual property arrangements will be detailed in the project contract.

6. Confidentiality

Both parties agree to maintain the confidentiality of all sensitive information shared during the course of the engagement. This includes, but is not limited to, business data, technical specifications, and proprietary processes. This obligation continues even after the termination of the services.

7. Data and AI outputs

Clients retain ownership of their data provided to Vela Advisory for the purposes of delivering services. Any AI models, applications, or outputs developed using client data will be subject to terms specified in the project contract.

Vela Advisory does not use client data to train AI models for other clients or purposes without explicit written consent.

8. Liability

Vela Advisory shall not be liable for any indirect, incidental, or consequential damages arising from the use of our services. Our total liability is limited to the amount paid by the client for the services provided.

AI-based solutions and recommendations are provided to support business decision-making but do not constitute guarantees of specific outcomes.

9. Termination

Either party may terminate the engagement with written notice. Clients are responsible for payment for services rendered up to the date of termination.