Terms of Service
These Terms of Service ("Terms") govern your access to and use of ATP, the autonomous transformation platform ("Service" or "ATP") developed, provided and managed by Mitochondria Ventures B.V., a company organised under the laws of the Netherlands, with its principal place of business at Keizersgracht 391A, 1016EJ Amsterdam, The Netherlands ("Mitochondria," "we," "us," or "our").
By accessing or using ATP, you ("Client," "you," or "your") agree to be bound by these Terms. If you are using ATP on behalf of an organisation, you represent and warrant that you have authority to bind that organisation to these Terms.
1. Service Description
ATP is a Mitochondria-owned subscription-based artificial intelligence platform that automates business operations through intelligent, adaptive technology. ATP integrates with your existing systems to process workflows, manage communications, and execute tasks autonomously.
ATP operates as a continuously managed product requiring:
An active internet connection
Valid subscription
Integration with your business systems
Compliance with these Terms
2. Account Registration
To use ATP, you must:
Provide accurate, current, and complete information
Maintain the security of your account credentials
Promptly update any changes to your information
Be legally capable of entering into contracts
Not be barred from receiving services under applicable laws
You are responsible for:
All activities occurring under your account
Maintaining the confidentiality of login credentials
Immediately notifying us of unauthorised access
Ensuring authorised users comply with these Terms
3. Subscription and Billing
ATP operates on a monthly/quarterly subscription basis (as applicable)
Subscription fees are specified in your order form
Each subscription covers one defined use case, specified in your order form
Additional use cases require separate subscriptions (could be interconnected)
Advance Payment: All monthly/quarterly fees are due 100% in advance
Billing Cycle: Monthly/Quarterly, as applicable, unless otherwise agreed
Grace Period: 7-day grace period for administrative delays
Taxes: All fees are exclusive of applicable taxes (e.g., VAT, GST).
Currency: Fees are charged in the currency specified in your order
If payment is not received within the grace period:
ATP service will be automatically suspended
Access to the platform (if applicable) will be restricted
Service resumes only upon receipt of all outstanding amounts
Reactivation fees may apply
All fees paid are non-refundable, except as required by law or as explicitly stated in these Terms.
4. Service Usage
You agree to use ATP only for:
Lawful business purposes
Activities consistent with these Terms
Purposes for which ATP is designed
You shall not:
Violate any applicable laws or regulations
Infringe intellectual property rights
Transmit malicious code or viruses
Attempt to reverse engineer ATP
Resell or redistribute ATP services
Use ATP to process illegal or harmful content
Circumvent usage limits or security measures
Your subscription includes specified usage parameters. Exceeding these may result in:
Additional charges
Service throttling
Requirement to upgrade your plan
5. Intellectual Property
Mitochondria retains all rights, title, and interest in:
ATP platform and technology
All algorithms, models, and methodologies
Documentation, know-how and training materials
Improvements and derivatives
Mitochondria trademarks and branding
You retain all rights to:
Your business data
Your configurations and customisations
Content you process through ATP
Subject to these Terms, Mitochondria grants you a limited, non-exclusive, non-transferable license to access and use ATP solely for your internal business purposes during your subscription term.
You grant Mitochondria a limited license to access and process your data solely to provide the ATP service and improve our offerings.
6. Data and Privacy
None of your data is stored or mastered outside your environment
A portion of your data may be processed in our private, secure cloud infrastructure
We act as a data processor; you remain the data controller
Processing complies with GDPR and applicable privacy laws
We implement industry-standard security measures, including:
Encryption in transit and at rest
Access controls and authentication
Regular security assessments
Incident response procedures
You are responsible for:
Obtaining necessary consents
Implementing privacy notices
Ensuring a lawful basis for processing
Responding to data subject requests
Compliance with applicable privacy laws
Ownership:
You retain ownership of all your data
We claim no ownership rights to your content
Upon termination, your data remains in your possession
7. Service Level and Support
While we strive for maximum uptime, ATP is provided "as available." We do not guarantee:
100% availability
Uninterrupted service
Error-free operation
We may perform scheduled maintenance with reasonable notice. Emergency maintenance may occur without notice. For support:
Email support during business hours
Response times based on issue severity
Documentation available in client portal (as, when and if applicable)
8. Warranties and Disclaimers
Each party warrants that it:
Has the authority to enter into these Terms
Will comply with applicable laws
Will perform obligations professionally
EXCEPT AS EXPRESSLY PROVIDED, ATP IS PROVIDED "AS IS" WITHOUT WARRANTIES OF ANY KIND. WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING:
MERCHANTABILITY
FITNESS FOR A PARTICULAR PURPOSE
NON-INFRINGEMENT
ACCURACY OR RELIABILITY OF RESULTS
We do not guarantee:
Specific business results
Cost savings or revenue increases
Complete automation of all processes
9. Indemnification
Each party (“Indemnifying Party”) agrees to indemnify, defend, and hold harmless the other party (“Indemnified Party”) from and against any third-party claims, losses, or liabilities arising from:
(a) breach of this Agreement,
(b) violation of applicable laws, or
(c) gross negligence or willful misconduct by the Indemnifying Party.
10. Limitation of LIABILITY
NEITHER PARTY SHALL BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, REGARDLESS OF THE THEORY OF LIABILITY.
EXCEPT FOR INDEMNIFICATION OBLIGATIONS, EACH PARTY'S TOTAL LIABILITY SHALL NOT EXCEED THE FEES PAID IN THE THREE MONTHS PRECEDING THE CLAIM.
THESE LIMITATIONS APPLY EVEN IF A REMEDY FAILS ITS ESSENTIAL PURPOSE.
11. Term and Termination
These Terms commence upon your first use of ATP and continue until terminated.
By You: 30 days' written notice
By Us: 30 days' written notice
For Cause: Immediately upon material breach
For Non-Payment: Immediately after the grace period
Upon termination:
Your access to ATP ceases
Outstanding fees become due
Your data remains in your systems
Confidentiality obligations survive
12. Confidentiality
Each party shall protect the other's confidential information using reasonable care and not disclose it to third parties.
Obligations do not apply to information that:
Is publicly available
Was rightfully known
Is independently developed
Must be disclosed by law
13. General Provisions
These Terms are governed by the laws of India (Kutumbakam Ventures LLP) and the Netherlands (Mitochondria Ventures BV), excluding conflict of law principles. Disputes shall be resolved through binding arbitration in Pune/Mumbai and Amsterdam.
These Terms, together with your order form, constitute the entire agreement between the parties. We may update these Terms with 30 days' notice. Continued use after updates constitutes acceptance.
You may not assign these Terms without our consent. We may assign to affiliates or successors. If any provision is invalid, the remainder continues in effect. Neither party is liable for delays due to circumstances beyond reasonable control. Notices must be in writing to the addresses specified in your account.
14. Definitions
"ATP" means the Autonomous Transformation Platform product/service developed, provided and managed by Mitochondria.
"Client Data" means all data, information, and content processed by ATP on your behalf.
"Subscription Fee" means the recurring fee for ATP access as specified in your order.
"Use Case" means a specific business process or workflow automated by ATP.
By using ATP and any Mitochondria services, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service.