Ownership of the Final Approved Work

Richest Branding acknowledges that upon payment of all fees and expenses due under the agreement, all rights, title, and interest in the intellectual property rights, including but not limited to copyrights of the final approved work designed and created during the course of the project, will be exclusively vested with the client. However, all rights, title, and interest in creative materials not forming part of the final approved work will remain the sole property of Richest Branding. Reproduction or use of these materials without written consent is prohibited.

Communication

Richest Branding can be contacted via telephone from Monday to Friday, 10:00 AM to 6:00 PM IST. Most communications will be conducted via email to ensure clear records of requirements and changes. A WhatsApp group may also be created for ease of communication.

Payment Schedules and Additional Costs

1. The project will be scheduled after receiving a non-refundable down payment.
2. Invoices for remaining payments will be raised based on project milestones, and payments must be cleared within seven days of receipt.
3. Additional costs for third-party services, such as Meta Ads or Google Ads, must be pre-approved by the client.
4. Expenses like prototyping, travel, lodging, courier services, and international flights will be charged to the client as applicable.
5. Premium economy or higher class tickets and 4-star or higher accommodations must be arranged by the client for overnight project-related travel.
6. Any government duties, taxes, or unforeseen fees will be borne by the client.

Fonts and Images in Final Artworks

1. The client must purchase required paid fonts with appropriate licenses.
2. Richest Branding is not liable for unlicensed use of fonts in final designs.
3. Upon request, font details will be shared, but the responsibility of purchasing remains with the client.

Delayed Payment

1. Invoices must be paid within 30 days. A 5% late fee will apply for each 30-day period of non-payment.

Project Term

1. Delays caused by the client may incur additional charges.
2. Projects extending beyond 10-12 months without stated timelines will see a minimum 25% fee increase for the next six months.

Settlement of Disputes

Disputes unresolved amicably will be referred to arbitration under the Arbitration and Conciliation Act, 1996, in [Insert Location]. The arbitrator’s decision will be binding.

Termination Clause

1. Either party may terminate this agreement with 30 days’ written notice.
2. Cancellation after strategy and positioning presentations will incur an 85% fee.
3. Rights to the final approved work will remain with Richest Branding until full payment is made.

Consequences of Termination

Upon termination before project completion, rights to intellectual property for completed work remain with Richest Branding until full payment is made.

Relationship Between the Parties

Richest Branding operates as an independent contractor, and its representatives are not agents or employees of the client.

Approvals and Authority

1. Clients must provide written approvals before production.
2. Production estimates must be approved in advance.
3. Open files will be charged extra, except for brand logos, colors, and packaging.

Confidentiality

Richest Branding will keep all client information confidential during and after the agreement term. Similarly, the client must not disclose proprietary methods or processes of Richest Branding.

General Notes

1. Clients must provide timely information and materials to ensure project progress.
2. Payments must be released on agreed signposts. Delays will pause the project until dues are cleared.

Permitted Use

The client grants Richest Branding permission to showcase samples of final approved work for promotional purposes, including exhibitions, publications, and digital media.