.AI PRODUCT PROFIT SYSTEM – TERMS & CONDITIONS
Effective Date: 03/02/2025
This Terms and Conditions Agreement ("Agreement") sets forth the legally binding terms for the purchase, use, and resale of the AI Product Profit System ("the Product") provided by AI Product Profit System ("Company," "We," "Us," or "Our"). By purchasing, accessing, or using the Product, you ("User," "Licensee," or "Reseller") agree to comply with and be bound by this Agreement.
1. GRANT OF LICENSE
1.1. Resell Rights: Upon purchase, the Licensee is granted a non-exclusive, transferable, worldwide license to modify, rebrand, and resell the Product, including all associated text, graphics, templates, and Notion pages.
1.2. Permitted Uses: The Licensee may:
Sell the Product under their own brand.
Modify, customize, or integrate the Product with other offerings.
Use the provided marketing materials to promote sales.
1.3. Restrictions: The Licensee may not:
Claim sole authorship or original creation of the Product.
Sell or distribute the Product on third-party marketplaces (e.g., Amazon, Etsy, Udemy) without prior written consent.
Use misleading or deceptive marketing to promote the Product.
2. PAYMENT, REFUNDS & CHARGEBACKS
2.1. Payment: All transactions must be completed using the Company’s authorized payment processors.
2.2. Refund Policy: The Company offers a 7-day money-back guarantee if explicitly stated on the Product page. Refund requests must be submitted in writing to enquiries@ai-product-profit-system.com within seven (7) days of purchase.
2.3. Chargebacks & Disputes: Initiating a chargeback without first contacting the Company may result in:
Immediate termination of the Licensee’s access to the Product.
Legal action to recover lost revenue and associated fees.
3. INTELLECTUAL PROPERTY RIGHTS
3.1. The Product remains the intellectual property of AI Product Profit System, and the Licensee is granted rights to resell, modify, and distribute but not to claim exclusive ownership.
3.2. The Licensee acknowledges that AI-generated elements within the Product may not be exclusively owned and that some elements could be publicly accessible or based on open-source frameworks.
3.3. The Licensee must not use or distribute the Product in a way that infringes on the intellectual property rights of third parties.
4. DISCLAIMER OF WARRANTIES & LIMITATION OF LIABILITY
4.1. No Guarantees: The Company provides the Product on an “as is” and “as available” basis without any express or implied warranties, including but not limited to warranties of merchantability, fitness for a particular purpose, or non-infringement.
4.2. Limitation of Liability: The Company shall not be liable for:
Any direct, indirect, incidental, consequential, or punitive damages arising from the use of the Product.
Any loss of revenue, business opportunities, or reputational harm resulting from the Licensee’s use or resale of the Product.
4.3. Indemnification: The Licensee agrees to indemnify, defend, and hold harmless the Company from any claims, liabilities, damages, or expenses arising from their use or resale of the Product.
5. TERMINATION & REVOCATION OF LICENSE
5.1. The Company reserves the right to terminate or revoke the License immediately if:
The Licensee violates the terms of this Agreement.
The Licensee engages in fraud, misrepresentation, or illegal activities related to the Product.
The Licensee initiates an unauthorized chargeback or payment dispute.
5.2. In the event of termination, the Licensee must cease all sales, distribution, and marketing of the Product immediately.
6. GOVERNING LAW & DISPUTE RESOLUTION
6.1. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of Victoria, Australia, without regard to its conflict of law principles.
6.2. Dispute Resolution: Any disputes arising out of or relating to this Agreement shall first be attempted to be resolved through good-faith negotiation. If unresolved, disputes shall be settled through binding arbitration in Victoria, Australia, in accordance with applicable arbitration rules.
7. MISCELLANEOUS PROVISIONS
7.1. Entire Agreement: This Agreement constitutes the entire agreement between the Licensee and the Company regarding the Product and supersedes any prior agreements, communications, or understandings.
7.2. Modifications: The Company reserves the right to update or modify this Agreement at any time. Continued use or resale of the Product after changes constitutes acceptance of the new terms.
7.3. Severability: If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
8. CONTACT INFORMATION
For inquiries or support, contact:
📧 enquiries@ai-product-profit-system.com
📍 Victoria, Australia