Terms of Execution

Last Updated: January 1, 2025

By deploying Netora, you agree to the following terms governing the use of our Automated Business Optimization platforms. This is a binding commercial agreement.

1. Definitions

  • "Platform" refers to the Netora neural core, agents, and dashboards.
  • "Client" refers to the entity integrating Netora.
  • "Output" refers to any pricing decision, order, or listing generated by the AI.

2. Service Modules

Netora provides two distinct service modules. Your contract determines which apply:

Module A: Vertical Optimization (SaaS)

License Grant: Netora grants a revocable, non-exclusive license to access the Dashboard.
Fees: Billed monthly/annually based on connected endpoints (Locations/Nodes).
SLA: We target 99.9% uptime for critical decision engines. Service credits apply for downtime exceeding thresholds.

Module B: Inventory Liquidation (Commerce)

Nature of Relationship: Consignment or Agency model. Netora acts as the "Seller of Record" on external marketplaces unless otherwise agreed.
Revenue Share: Netora retains a percentage (The "Protocol Fee") of Gross Merchandise Value (GMV) generated from liquidated assets.
Remittance: Payouts for sold inventory are remitted Net-15 or Net-30.

3. Liability & Autonomous Agents

The Client acknowledges that Netora Agents act autonomously based on configured parameters. Netora is not liable for:

  • Lost revenue due to aggressive pricing strategies approved by the Client.
  • Inventory stock-outs if "Safety Stock" parameters were overridden.
  • Third-party marketplace suspensions caused by platform policy changes.

4. Intellectual Property

Netora Owns: The algorithms, the Neural Core code, and aggregated/anonymized benchmarking data.
Client Owns: Their raw customer data, inventory logs, and brand assets.

5. Termination

Either party may terminate the agreement with 30 days written notice. Upon termination:

  • SaaS: Access is revoked at the end of the billing cycle.
  • Commerce: Netora will cease new listings. Active orders must be fulfilled. Unsold inventory remains Client property.

Legal Notices

Send official legal correspondence to:
Netora Legal Dept.
100 Innovation Dr.
New York, NY 10001