1. Scope and Applicability

These General Terms & Conditions (“GTC”) apply to all quotations, sales, licenses, deliveries, and services provided by Inbolt SAS (France), Inbolt Inc. (United States) or Inbolt KK (Japan), each referred to herein as “Inbolt”. The specific entity entering into an agreement with the Customer is identified in the applicable Quote and determines the governing law pursuant to Article 25.

These GTC supersede and control over any terms and conditions contained in Customer purchase orders or other documents, and any such conflicting terms are expressly rejected unless expressly agreed to in writing by an authorized officer of Inbolt.

In the event of conflict between contractual documents, the following order of precedence shall apply: (i) the applicable Quote; (ii) these GTC; (iii) the Inbolt Support & Service Level Agreement (SLA); (iv) the General Terms of Use — Studio License.

Notwithstanding the foregoing order of precedence, the governing law and jurisdiction provisions of the General Terms of Use — Studio License shall apply exclusively to disputes arising out of or in connection with the Studio License and shall not be overridden by the governing law provisions of these GTC.

The applicable Support Package is governed exclusively by the separate Inbolt Support & Service Level Agreement (SLA).

2. Definitions

“Inbolt System” means the hardware and software solution supplied by Inbolt, including the 3D camera, Inbolt industrial controller (PC), Studio software, Runtime software, and associated components.

“Studio License” means the time-limited programming and training software license.

“Runtime License” means the perpetual production execution license installed on one Inbolt industrial controller. 

“Support Package” means Basic, Advanced, or Enterprise Support as defined in the SLA.

“Equipment Reception” means the date on which the Inbolt System is delivered and physically received by the Customer at the agreed delivery location.

“Quote” means the written quotation executed by both parties, constituting the binding purchase agreement.

“Confidential Information” has the meaning given in Article 17 of these GTC.

“Inbolt Entity” means the specific Inbolt legal entity identified as the contracting party in the applicable Quote.

3. Application

Unless specified otherwise in the Quote, the Inbolt Solution is to be used on one designated robot in one designated location. 

The Customer shall not resell, transfer, sublicense, or otherwise make available the Inbolt System or any component thereof to any third party without Inbolt’s prior written consent.

The Customer shall not export or re-export the Inbolt System to any country, entity, or individual in violation of applicable export control laws and sanctions, including those of France, the United States, and Japan.

4. Quotation

The quotation is based on the available information and specifications at the time. If complete part prints, sample parts, and related specifications are not provided, incomplete or inaccurate, Inbolt reserves the right to adjust pricing and delivery timelines.

Quotations are valid for two (2) months unless otherwise stated.

Orders are binding upon written confirmation by Inbolt.

Any typographical or clerical errors in a quotation (including errors in pricing or specifications) may be corrected by Inbolt prior to written order confirmation without liability.

5. Pricing & Payment

5.1 Invoicing

Inbolt invoices 100% of the Quote value upon Equipment reception by the Customer. 

This invoicing structure does not relieve Inbolt from completing services explicitly quoted (e.g., commissioning, training).

5.2 Payment Terms

Payment is due within thirty (30) days from invoice date unless otherwise agreed.

All amounts are expressed exclusive of applicable taxes (VAT, sales tax, consumption tax, or equivalent), which are the Customer’s sole responsibility.

5.3 Late Payment

In the event of late payment, Inbolt may:

• Suspend delivery, commissioning, support, or warranty services
• Suspend license activation or updates
• Charge late payment interest at the rate applicable under the law of the Inbolt Entity’s jurisdiction (for France: Article L.441-10 of the French Commercial Code; for the United States: 1.5% per month or the maximum permitted by applicable law; for Japan: applicable statutory rate)

Retention of title shall apply pursuant to Article 7.

6. Delivery Terms

Delivery Conditions

Delays may occur if:

• Certified test parts are not provided upon request.
• Complete CAD files and requested technical information are not received.

Any such delays shall not constitute a breach of this Agreement by Inbolt, and delivery timelines shall be automatically extended by the duration of the delay plus a reasonable resumption period.

Delivery Schedule

• A specific date will be set upon order acknowledgment and receipt of required documentation.
• Inbolt is not liable for loss/damage due to delivery delays.
• Orders for multiple stations may have staggered deliveries.

Shipping Terms

• Equipment ships DDP (Incoterm 2020) to the named place of destination specified in the Quote.
• Risk of loss or damage passes to the Customer upon delivery to the named place. Ownership passes upon full payment in accordance with Article 7.

Delivery Lead Time (Approximate)

• 4 weeks for a kit with Inbolt Standard camera.
• 6 weeks for a kit with Inbolt High-Precision camera.

Lead times are estimates and must be confirmed with your Inbolt point of contact upon PO receipt.

Inbolt shall not be liable for delays caused by Customer, carriers, customs authorities, export control processes, force majeure events (as defined in Article 19), or supply chain disruptions beyond Inbolt’s reasonable control.

7. Retention of Title

Title to all hardware remains with Inbolt until full payment of all amounts due.

Until full payment is received, Customer shall not resell, pledge, or otherwise encumber the Equipment.

In jurisdictions where retention of title clauses must be registered or notified to be enforceable, the Customer agrees to cooperate with Inbolt in taking any steps required to perfect such retention of title.

8. Order Cancellation

Orders can only be canceled with written consent from an authorized Inbolt representative. Cancellation charges apply to compensate for incurred costs, including loss of profit:

• Manufactured parts and engineering labor: Charged at cost.
• Non-returnable items: Non-refundable, full price of goods applies.
• Standard items : A restocking fee may apply at Inbolt’s discretion.

Cancellation charges will be invoiced and payable under the same payment terms as the original Quote.

9. Customer Obligations

Robot Programming & Integration

• Robot Trajectory & Logic Programming: The Customer or third-party integrator is responsible unless explicitly quoted in the offer.
• Additional Robot Functions: The Customer is responsible for purchasing any required robot functions.
• Cable Management, Camera & Controller Installation: Unless specified in the quote, the Customer must ensure proper equipment installation on the robot and validate the installation area with Inbolt.
• Machine safety compliance (including CE, ISO, OSHA, or equivalent regulations)

Onsite Support

The Customer must provide Inbolt with the appropriate and requested technical contact (e.g., PLC expert) before any onsite visit. If access to the Customer’s facility is denied or the intervention cannot proceed due to Customer’s fault, the scheduled intervention day remains billable.

Permitted Use

The Customer acknowledges that: (i) the Customer is solely responsible for implementing all necessary safety precautions in connection with the use of the Inbolt System and complying with all applicable laws and regulations; and (ii) the Inbolt System shall only be used in accordance with this Agreement and the technical documentation provided by Inbolt, and the Customer shall ensure that all users operate the Inbolt System in accordance therewith. The Customer shall ensure that all end users of the Inbolt System are made aware of and accept the “General Terms of Use — Studio License” prior to any use of the Software. The Customer remains liable for any breach of the “General Terms of Use — Studio License” by its end users.

The Inbolt System shall not be used: (i) for any illegal purpose or in any manner contrary to applicable law; (ii) for applications, industries, or environments other than those for which the Inbolt System is designed and approved by Inbolt, or for which specific safety certifications would be required; (iii) in violation of Article 11 of these GTC; or (iv) to resell or market the Inbolt System to third parties, unless otherwise agreed in a formal Agreement with Inbolt.

Data & Specifications

• CAD Data: Must be manageable in size and include only critical project parts. Inbolt reserves the right to re-quote if unnecessary complexity is introduced.
• Robot AoA: Must be provided upon request.
• Project Variations: Any variations must be presented at the time of quotation. Later changes may require re-quoting.
• Data Sharing Delays: Delays in providing required data may postpone delivery and onsite support.

Utility Connections

The Customer is responsible for all necessary utility connections.

Compliance
Customer is solely responsible for:

• Compliance with OSHA
• Machine safety compliance (ANSI, ISO)
• Electrical and integration standards
• Workplace safety regulations

Onsite Commissioning & Training

Last-minute requests may impact resource availability.

Must be planned at least 4 weeks in advance.

Complete and up-to-date CAD files and specifications must be received 3 weeks before the onsite visit.

10. Communication Rights

The Customer grants Inbolt the right to use its name, logo, and trademarks in Inbolt’s customer reference lists, marketing materials, presentations, and on its Website, solely for the purpose of identifying the Customer as a client. 

Any other public use, including case studies, co-branded content, or detailed descriptions of the partnership, use cases, or services, shall be subject to the prior written consent of both parties.

11. Intellectual Property

Ownership of Existing Results

Each Party retains ownership of its Existing Results, including intellectual property, algorithms, and know-how. No ownership rights transfer under this Agreement, and each Party remains free to use its own Existing Results.

Intellectual property rights

All intellectual property rights in the Inbolt System remain exclusively owned by Inbolt.

Customer is granted (i) a non-exclusive, non-transferable, non-sublicensable perpetual Runtime License for one designated robot and station, (ii) a time-limited Studio License as defined below.

The Customer may not (i) commercially exploit, sublicense, sell, rent, transfer, or distribute the Inbolt System or its components, (ii) create derivative works, (iii) reverse engineer or decompile, or (iv) use it to develop competing products.

The Customer agrees to promptly notify Inbolt in writing of any suspected or actual infringement of Inbolt’s intellectual property rights by third parties that comes to the Customer’s attention.

12. License Agreement & Usage Restrictions

• The Customer is granted a non-exclusive, personal, non-transferable, and non-sublicensable perpetual license to use Inbolt’s Runtime Software, and a term-based license for the Studio, as described below. 
• The Studio is licensed for a fixed period of three (3) years from the date of activation. Upon expiration, access to the Programming Studio will be disabled unless the license is renewed.
• The Runtime Driver is licensed on a perpetual basis. The Customer may continue to use the Runtime Environment indefinitely, subject to compliance with all terms of this Agreement.
• One license is available for one robot and one station set up. It cannot be repurposed for another robot or another station (even with the same robot) unless specifically quoted.  
• License Transfer upon Hardware Replacement: 

(i) Warranty or Inbolt-initiated exchange: In the event the Inbolt industrial controller is replaced by Inbolt under warranty or as part of an Inbolt-initiated hardware exchange, Inbolt will transfer the associated Licences (Studio and Runtime) to the replacement unit at no additional cost to the Customer.

(ii) Customer-requested replacement: In the event the Customer requests replacement of the Inbolt industrial controller for any reason not covered by warranty (including but not limited to accidental damage, robot crash, relocation, or infrastructure change), licences (Studio and Runtime) may be transferred to the replacement unit subject to: (a) prior written request to Inbolt; (b) confirmation that the original unit is being decommissioned and return the replaced hardware to Inbolt; and (c) payment of any applicable license transfer fee as quoted by Inbolt at the time of the request.

In all cases, the Customer must notify Inbolt prior to any hardware replacement to ensure license continuity. Inbolt shall not be liable for any interruption of the Runtime License resulting from a hardware replacement carried out without prior notification.

13. Software updates

• Software updates are included with the Studio License during its three (3) year term, as defined in Article 12.
• The following are included: bug fixes, performance improvements, and minor compatibility updates. 
• Upon expiration of the Studio License, the Customer shall not receive further software updates unless the Studio License is renewed.
• Software upgrades are sold separately as add-ons upon their release.
• Support applies only to the current version and one previous major version.

14. Support Services

• Support services are governed exclusively by the Inbolt Support & Service Level Agreement (SLA).
• All Inbolt System purchases include Basic Support for a period of three (3) years from the date of activation, as defined in the SLA. Upon expiration of this included period, continued support requires the Customer to subscribe to a paid Support Package as defined in the SLA.
• Customers without an active Support Package subscription may request support services on a time-and-material basis at Inbolt’s then-current standard professional service rates.
• On-site interventions are provided only under the conditions defined in the SLA or upon separate quotation.

15. Customer Purchase Terms Conflict

Any Customer purchase terms or conditions that conflict with Inbolt’s General Terms & Conditions (GTC), particularly regarding intellectual property, licensing, modifications, or sublicensing, shall be considered null and void unless expressly agreed upon in writing by an authorized officer of Inbolt.

16. Customer Data Usage

The Customer agrees that Inbolt may collect, store, and use data generated through the Inbolt System for the following purposes, subject to the conditions below: (a) Support and maintenance. For the purpose of remote support, troubleshooting, diagnostics, and corrective maintenance carried out under the applicable Support Package or on a time-and-material basis, Inbolt may access and process technical data generated by the Inbolt System, including raw and unprocessed data such as system logs, performance data, and error reports, to the extent strictly necessary to perform the requested intervention. Such data shall not be retained by Inbolt beyond the duration of the intervention unless required for follow-up purposes agreed with the Customer.

(b) Product improvement and R&D. For the purpose of improving its products and services, research and development, and enhancing user experience, Inbolt may use non-personal, anonymized data generated through the Inbolt System. For these purposes, all data shall be anonymized prior to use such that it cannot reasonably be used to identify the Customer or any individual.

(c) Aggregated analytics. Inbolt may compile aggregated statistical and performance data across its customer base for benchmarking and operational insight purposes. Such aggregated data shall not incorporate Customer data in a form that could serve to identify the Customer or any individual.

Inbolt will not share or disclose identifiable Customer data to third parties without explicit consent unless required by law. All Customer data remains subject to strict confidentiality and security measures to prevent unauthorized access or misuse.

17. Confidentiality

Definition: “Confidential Information” means any non-public technical, commercial, financial, or operational information disclosed by one Party (the “Disclosing Party”) to the other (the “Receiving Party”) in connection with this Agreement, including but not limited to: CAD files, part specifications, process data, pricing, know-how, software, and system configurations. Information is Confidential regardless of the form of disclosure, provided it is identified as confidential or would reasonably be understood to be confidential given the nature of the information and the circumstances of disclosure.

Obligations: Each Receiving Party shall: (i) hold Confidential Information in strict confidence using at least the same degree of care as it uses to protect its own confidential information of similar sensitivity, and no less than reasonable care; (ii) use Confidential Information solely for the purposes of performing its obligations or exercising its rights under this Agreement; (iii) not disclose Confidential Information to any third party without the Disclosing Party’s prior written consent, except to its employees, affiliates, or contractors who have a legitimate need to know and are bound by confidentiality obligations no less restrictive than those set forth herein.

Exceptions: Confidentiality obligations do not apply to information that: (a) is or becomes publicly known through no breach of this Agreement; (b) was already known to the Receiving Party prior to disclosure; (c) is independently developed without use of the Confidential Information; or (d) is required to be disclosed by law, regulation, or court order, provided that the Receiving Party gives prompt prior written notice to the Disclosing Party where legally permitted and cooperates with any effort to seek a protective order.

Duration: Confidentiality obligations survive termination or expiration of this Agreement for a period of five (5) years, except with respect to trade secrets, which shall remain protected for as long as they qualify as trade secrets under applicable law.

Remedies: Each Party acknowledges that unauthorized disclosure of Confidential Information may cause irreparable harm for which monetary damages may be an insufficient remedy, and that the Disclosing Party shall be entitled to seek injunctive or other equitable relief in any competent jurisdiction.

18. Hardware Warranty

Inbolt provides a one-year limited hardware warranty on all products, covering defects in materials and workmanship under normal use. This warranty starts from the date of Equipment Reception. During the warranty period, Inbolt will, at its discretion, repair or replace any defective hardware components.

This warranty does not cover:

• Damage caused by improper installation, misuse, neglect, or unauthorized modifications.
• Normal wear and tear, cosmetic damage, or consumable parts.
• Damage caused by accidents, acts of nature, robot crashes or dropping the hardware  or external factors beyond the hardware manufacturer’s control.

The Customer is responsible for shipping costs for any returned items under warranty. Any repairs or replacements do not extend the original warranty period.

Extended Warranty Period can be purchased by the Customer if explicitly quoted by Inbolt. 

19. Force Majeure

Neither Party shall be liable for any delay or failure to perform its obligations under this Agreement to the extent such delay or failure results from a Force Majeure Event. A “Force Majeure Event” means any event beyond a Party’s reasonable control, including but not limited to: acts of God, war, terrorism, civil unrest, pandemic or epidemic, governmental actions or restrictions, export control measures, natural disasters, fire, flood, strikes or labor disputes, power outages, and supply chain disruptions affecting the availability of components or materials.

The Party affected by a Force Majeure Event shall: (i) notify the other Party in writing as soon as reasonably practicable after becoming aware of the event; (ii) use reasonable efforts to mitigate the effects of the event and resume performance; and (iii) keep the other Party informed of the expected duration and anticipated impact.

If a Force Majeure Event continues for more than ninety (90) consecutive days, either Party may terminate the affected portion of the Agreement upon thirty (30) days’ written notice without liability, except for payment obligations accrued prior to the Force Majeure Event. 

20. Indemnification

The Customer (“Indemnifying Party”) agrees to defend, indemnify, and hold harmless Inbolt, its affiliates, officers, directors, employees, agents, licensors, and suppliers (“Inbolt Parties”) from and against any and all claims, demands, suits, liabilities, losses, damages, costs, and expenses (including reasonable attorneys’ fees) arising out of or relating to: (i) any breach of this Agreement by the Indemnifying Party; (ii) any access to, use, or misuse of the Inbolt System by the Indemnifying Party or any third party to whom the Indemnifying Party has granted access; (iii) violation of any third-party rights, including intellectual property, privacy, or data protection rights; or (iv) any unauthorized alteration, integration, or combination of the Inbolt System with other equipment, software, or systems not approved in writing by Inbolt.

Inbolt will provide prompt written notice of any claim for which indemnification is sought, provided that failure to give such notice shall not relieve the Indemnifying Party of its obligations except to the extent it is materially prejudiced by such failure. Inbolt reserves the right, at its sole discretion and expense, to assume the exclusive defense and control of any matter subject to indemnification, in which case the Indemnifying Party shall cooperate fully with Inbolt.

All indemnity obligations under this Section shall survive termination or expiration of this Agreement.

21. Term and Termination

This Agreement is effective upon Customer’s receipt and use of the Software and shall continue until terminated pursuant to this Section. Customer may terminate this Agreement by terminating its use of the Software. Inbolt may terminate this Agreement for convenience by providing ninety (90) days’ notice to Customer.

Inbolt may terminate this Agreement for cause at any time upon the occurrence of any the following events: (1) breach by Customer of any term hereof that is not cured within thirty (30) days written notice of such default, if cure is possible, otherwise this Agreement is terminated upon breach with immediate effect; (2) Customer’s failure to pay any purchase price or license fees when due and owning under this Agreement, if applicable; or (3) Customer’s default under any other agreement with Inbolt.

Upon termination, Customer shall immediately cease to use the Software.

Termination of this Agreement for convenience by Inbolt shall not affect any perpetual Runtime License previously paid for and validly granted to the Customer. Upon termination for cause attributable to the Customer, all licenses, including the Runtime License, shall immediately terminate.

Survival: The following provisions survive termination or expiration of this Agreement: Article 11 (Intellectual Property), Article 17 (Confidentiality), Article 20 (Indemnification), Article 22 (Software License Warranty Disclaimer), Article 23 (Limitation of Liability), and Article 25 (Governing Law and Dispute Resolution).

22. Software License Warranty Disclaimer

THE SOFTWARE AND DOCUMENTATION ARE PROVIDED ON AN “AS IS” BASIS AND INBOLT MAKES NO WARRANTY OF ANY KIND WITH RESPECT TO THE DOCUMENTATION AND SOFTWARE AND HEREBY EXPRESSLY EXCLUDES ANY WARRANTIES WITH RESPECT THERETO, WHETHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE, INCLUDING BUT NOT LIMITED TO ANY IMPLIED WARRANTIES OF MERCHANTABILITY, SATISFACTORY QUALITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NONINFRINGEMENT, ACCURACY OR ANY OTHER WARRANTIES OR GUARANTEES THAT MAY ARISE FROM COURSE OF DEALING, USAGE, OR TRADE PRACTICE. NEITHER INBOLT NOR ITS SUPPLIERS, INCLUDING – WITHOUT LIMITATION – ITS LICENSORS, MAKES ANY REPRESENTATION, WARRANTY, OR OTHER COMMITMENT REGARDING (1) THE USE OR INABILITY TO USE THE SOFTWARE; OR (2) ANY RESULTS OF SUCH USE IN TERMS OF CORRECTNESS, ACCURACY, OR RELIABILITY. CUSTOMER UNDERSTANDS AND AGREES THAT IT ASSUMES THE ENTIRE RISK AS TO THE RESULTS AND PERFORMANCE OF THE SOFTWARE.

NOTWITHSTANDING THE FOREGOING, IN JURISDICTIONS WHERE THE EXCLUSION OF IMPLIED WARRANTIES IS NOT PERMITTED BY MANDATORY LAW, SUCH WARRANTIES ARE LIMITED TO THE MINIMUM SCOPE AND DURATION PERMITTED BY APPLICABLE LAW.

23. Limitation of Liability

IN NO EVENT WILL INBOLT BE LIABLE UNDER OR IN CONNECTION WITH THIS AGREEMENT UNDER ANY LEGAL OR EQUITABLE THEORY, INCLUDING BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, AND OTHERWISE, FOR ANY: (A) CONSEQUENTIAL, INCIDENTAL, INDIRECT, EXEMPLARY, SPECIAL, ENHANCED, OR PUNITIVE DAMAGES; (B) INCREASED COSTS, DIMINUTION IN VALUE OR LOST BUSINESS, PRODUCTION, REVENUES, OR PROFITS; (C) LOSS OF GOODWILL OR REPUTATION; (D) USE, INABILITY TO USE, LOSS, INTERRUPTION, DELAY, OR RECOVERY OF ANY DATA, OR BREACH OF DATA OR SYSTEM SECURITY; OR (E) COST OF REPLACEMENT GOODS OR SERVICES, IN EACH CASE REGARDLESS OF WHETHER INBOLT WAS ADVISED OF THE POSSIBILITY OF SUCH LOSSES OR DAMAGES OR SUCH LOSSES OR DAMAGES WERE OTHERWISE FORESEEABLE. IN NO EVENT WILL INBOLT’S AGGREGATE LIABILITY ARISING OUT OF OR RELATED TO THE APPLICABLE QUOTE UNDER ANY LEGAL OR EQUITABLE THEORY, INCLUDING BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, AND OTHERWISE EXCEED THE TOTAL AMOUNTS PAID BY CUSTOMER UNDER THE APPLICABLE QUOTE GIVING RISE TO THE CLAIM.

NOTWITHSTANDING THE FOREGOING, WHERE A CLAIM ARISES EXCLUSIVELY OUT OF OR IN CONNECTION WITH SUPPORT SERVICES GOVERNED BY THE INBOLT SUPPORT & SERVICE LEVEL AGREEMENT, INBOLT’S AGGREGATE LIABILITY SHALL BE LIMITED TO THE TOTAL SUPPORT FEES PAID BY THE CUSTOMER UNDER THE APPLICABLE QUOTE GIVING RISE TO THE CLAIM, AS FURTHER SPECIFIED IN THE SLA.

WHERE A CLAIM ARISES EXCLUSIVELY OUT OF OR IN CONNECTION WITH THE SOFTWARE LICENSE GOVERNED BY THE GENERAL TERMS OF USE — STUDIO LICENSE, INBOLT’S AGGREGATE LIABILITY SHALL BE LIMITED TO THE TOTAL LICENSE FEES PAID BY THE CUSTOMER UNDER THE APPLICABLE QUOTE GIVING RISE TO THE CLAIM, AS FURTHER SPECIFIED THEREIN.

24. End-User Software License Agreement

The General Terms of Use — Studio License governs the usage of the Inbolt solution.

25. Governing law and dispute

Applicable Law. This Agreement shall be governed by the law of the jurisdiction of the Inbolt Entity identified in the applicable Quote, as follows:

• Where the contracting entity is Inbolt SAS (France): French law applies. Disputes shall be submitted to the exclusive jurisdiction of the Commercial Court of Paris (Tribunal de commerce de Paris).
• Where the contracting entity is Inbolt Inc. (United States): The laws of the State of Delaware apply, without regard to conflict of laws principles. Disputes shall be submitted to the exclusive jurisdiction of the state or federal courts located in Detroit, Michigan. Each Party irrevocably waives its right to a jury trial.
• Where the contracting entity is Inbolt KK (Japan): Japanese law applies. Disputes shall be submitted to the exclusive jurisdiction of the Tokyo District Court as the court of first instance.

The United Nations Convention on Contracts for the International Sale of Goods (CISG) is expressly excluded.

Amicable resolution: In order to jointly find a solution to any dispute that arises in the execution of this Agreement, the Parties agree to meet within a fifteen (15) calendar days period following the receipt of a registered letter, notified by one of the two Parties. Should any dispute between the Parties arise from the interpretation, performance, or termination for whatever reason and consequences of this Agreement, the Parties agree to first attempt to resolve such dispute by entering into good faith negotiations. In case of failure to find a satisfying solution to end the dispute after a period of one (1) month following this meeting, the dispute shall be submitted to the courts identified in this Article.

Injunctive Relief: Notwithstanding the foregoing, either Party may seek injunctive or other equitable relief from any court of competent jurisdiction to protect its intellectual property rights, confidential information, or to prevent irreparable harm, without being required to first pursue the amicable resolution process.