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TERMS & CONDITIONS

The Mesh will provide its Member services all of which will be subject to the following Terms & Conditions ("T&C"). The Mesh retains the right to update, amend and/or change the TOC at any time.

I. STANDARD SERVICES INCLUDED IN YOUR STANDARD FEE

  1. Access to Office Space

  2. Regular maintenance of the Office Space.

  3. Access to and use of the shared Internet connection only for work purposes

  4. Electricity

  5. Use of pantry areas on premise

  6. Acceptance of mail and deliveries on behalf of your business during Regular Business Hours on Regular Business Days; provided that we are not liable for any mail or packages received unless the delivery receipt bears the sign of The Mesh representative with their name, signature, date and time indicating acceptance.

  7. Opportunity to participate in member only events and promotions.

  8. Use of the conference rooms in any Mesh Premises other than your Main Premises and air-conditioning in the Office Space may only be available during Regular Business Hours" are generally from 9:00 a.m. to 7:00 p.m. on Regular Business Days.

II. ON ADMISSION

  1. The Mesh reserves the right to admission.

  2. Tenure for dedicated seats will be two months including notice period. For a private office (that is number of seats > 5), tenure shall be for a minimum of 6 months and a maximum of 12 months from the start of tenure.

  3. The Mesh membership agreement permits you to use the address as a communication address only. You may add a c/o The Mesh, on all your communication (postal, website, official, courier, package, etc).

  4. The member cannot use the address for any legal registration purposes.

  5. This Agreement constitutes a License to use the Premises in accordance with the terms of this Agreement and not in any way constitutes a lease or sub-lease.

  6. The Mesh Shop Act cannot be used for any official or registration purposes of your company. The agreement will not be used to get SHOP ACT licenses, property tax, GST or other city/national/government taxes/registrations. Likewise membership agreement does not allow the member right to tenancy and claim on the premises.

  7. Request for name plate/ branding of organization on the front reception of The Mesh will not be entertained.

  8. The member may not use The Mesh services for activities other than for official purposes.

  9. All forms of recreation will need to be run by The Mesh staff. No illegal/ damaging/ disturbing activities shall be tolerated.

  10. Although The Mesh is a pet friendly place, any nuisance or discomfort caused by the pet to other members will result in banning the pet from the Premises. The pet remains the owner's responsibility alone.

III. UPDATING MEMBERS

  1. Updating the team member details is the responsibility of the primary member in your team. An updation/ addition to your team members should be updated by sending an email to the sales team (info@proteusventures.in) mentioning the start date of the tenure. We will also need their identity and address proofs on the day of joining.

  2. It is your responsibility to inform The Mesh about new members on time. If not, the entire month's rent will be charged to your invoice.

  3. The agreement will change every time a member gets updated. However, in the interest of time, we will not physically alter the agreement but an email from our sales team will be considered final in this regard.

  4. If the private office team reduces a member in a private room, the member still pays the agreed amount for the room.

  5. In the event the primary or authorized signatory changes at your end, it is your responsibility to keep The Mesh abreast of such changes via EMAIL.

IV. USING THE FACILITY :

  1. You must only use the facility for office purposes and only for the business stated in your agreement or subsequently agreed with us.

  2. You must take good care of all parts of workstation/office space,its equipments, fittings and furnishings which you use. You must not alter any part of it. You are liable for any damage caused by you or those in the office with your permission or your invitation.

  3. You must not install any furniture or office equipment, cabling, IT or telecom connections without our consent, which we may refuse at our absolute discretion.

  4. Any keys or entry cards which we let you use remain our property at all times. You must not make any copies of them or allow anyone else to use them without our consent. Any loss must be reported to us immediately and you must pay the cost of replacements of keys or cards or changing locks, if required.

  5. You must comply with all relevant laws and regulations in the conduct of your business. You must do nothing illegal which may disturb smooth functioning of the Mesh

  6. You must comply with the rules which we impose on Mesh whether for reasons of health and safety, fire precautions or otherwise

  7. It is your responsibility to arrange insurance for your own property which you bring into the Mesh and for your own liability to your employees and third parties

V. PROVIDING THE SERVICES

  1. We are entitled to access your Office Space, with or without notice, in connection with our services, for repair and maintenance or emergency purposes or for any other purposes. We may temporarily move furniture contained in your Office Space. We reserve the right to alter your Office Space.

  2. First preference is given to teams who take up the complete private room. In this regard, in the event you are partially utilizing the given private room and the other seats are empty, we reserve the right to move you to a room of suitable capacity and offer the room to a team who will sign up for the complete room.

VI. DURATION

  1. Your agreement lasts for period stated in it and then automatically extended for successive periods equal to the current term but not less than 3 months until brought to an end by you or by us.

VII. TERMINATION

  1. Member must give adequate notice of 1 month before they decide to terminate the membership agreement.

  2. In case the members reduce at your end, kindly update us a month prior to them leaving. If not informed, the entire month's rent will be charged.

  3. Extension of notice period will be considered on a case by case basis. You will be required to inform us about extension 10 days prior to the last day of association. Extension & accomodation is not guaranteed and is subject to availability.

  4. All outstanding dues such as but not limited to conference room, snacks/ beverage dues, upgradation of services, guests, damages will need to be cleared on or before the last day of the association.

  5. After your association ceases with The Mesh, you will not be allowed to use the facilities such as space, internet, office address (on communication channels). If found doing so, legal action will be taken.

  6. In case your assets are at The Mesh premises even after association ends, The Mesh will be authorized to dispose of it. In the event you haven't cleared your dues, The Mesh will be authorized to sell it and clear the outstanding dues.

  7. We have ZERO TOLERANCE for the instances mentioned herebelow and the membership agreement shall be terminated with immediate effect if the Member is found being party to any of thefollowing :

    1. The member publish post, upload, distribute or disseminate any inappropriate, profane, defamatory, obscene, indecent or unlawful topic, name, material or information on or through The Mesh servers. The member shall be solely responsible for any legal or civil liability arising out of any post published/ endorsed by them.

    2. Use any material or information, including images or photographs, which are made available through the services in any manner that infringes any copyright, trademark, patent, trade secret or other proprietary right of any part.

    3. Engage in any illegal activity at The Mesh or in or around the premise in which The Mesh is located, including but not limited to drug use or illegal online activity.

    4. Defame, abuse, harass, stalk, threaten or otherwise violate the legal rights (such as rights of privacy and publicity) of others (members as well as guests/ vendors).

    5. Harvest or otherwise collect information about others, including email addresses, without the authorization or consent of the disclosing party.

    6. Restrict or inhibit any other Member from using and enjoying the Services.

VIII. FEES AND PAYMENT TERMS

  1. Invoice towards fees shall be raised on 1st of every month and shall be send to you in soft as well hard copy

  2. In case you join in the middle of the month, you will be charged on pro-rated basis for the month

  3. Any Setup or Infrastructure change, requested by you, that exceeds our regular offering, need to be reimbursed in full.

  4. The due date for fee payment is on or before the 7th day of the month.

  5. Bank Information of Mesh is mentioned in the agreement.

  6. Relevant taxes shall be applicable on all invoices

  7. TDS to be deducted by Yourself on the Base Amount excluding taxes and not on entire invoice amount.

  8. Changes of the billing contact will require a notice from the authorized signatory.

  9. In case a cheque issued by the member bounces due to any reason then an additional fine of Rs. 500/- per event shall be levied.

  10. In case of payment received after the due date, a simple interest of 2% per month shall be charged on the outstanding amount till the payment is made

  11. In case of delayed payment beyond the due date, the Mesh has a right to adjust the outstanding amount with the Refundable Deposit and vacate the workstation

  12. We will allot you certain number of conference room hours & number of printouts. If these exceed, you will be required to pay the fees for overuse. These allowances will not be rolled over month to month.

  13. Payment for various services such as but not limited to usage of conference room beyond allotted free time, meals, excess snacks, excess prints, etc. will be added to your next monthly invoice. Settlement for lunch will be in cash at the end of the month.

  14. In the event of any damage, the Members shall compensate The Mesh for any direct or indirect injury or damage to property as a result of their negligence or willful misconduct The member shall reimburse The Mesh within fifteen days of damage failing which the same shall be recovered from the advance rent and the membership shall be terminated with immediate effect.

IX. REFUNDABLE DEPOSIT

  1. Refundable Deposit have to be paid in advance along with the Membership Agreement

  2. Deposit varies from tenure of the agreement as follows :

    • Tenure Less than 3 months - 1 month rental

    • Tenure between 3 to 6 months - 2 months rental

    • Tenure above 6 months - 3 months rental

  3. The Deposit shall be forfeited in case of non payment of monthly rental along with interest thereon subject to Deposit amount.

  4. The Deposit shall be repaid within 15 days of peaceful handover of your allocated work place along with all dues outstanding till date in your name

X. INDEMNIFICATION AND LIMITED LIABILITY

  1. In no event shall The Mesh or its stakeholders (such as its employees, other members, shareholders, or guests) be liable for any damages like: loss of profits, loss of confidential or other information, business interruption, personal injury, loss of privacy, failure to meet any duty, negligence and any other pecuniary or other loss whatsoever, arising out of or in any way related to the participation in or inability to participate in or use of The Mesh or its Services.

  2. The Mesh shall not be party to/ responsible to any claims/ debts/ liabilities/ criminal/ civil/ legal proceedings of members or their firms whatsoever.

  3. The Mesh shall not be liable for loss, theft, or damage of Members personal belongings including but not limited to laptop computers, cell phones, clothing, bags, wallets, books, etc.

  4. The Mesh shall not be party to or liable of any debt failure arising out of the Member's or Member's company/ firm; credit card, phone bill or any other non-payment issue of any services/ credits availed by the Member or the Member's company/ firm.

  5. The Mesh shall not be party to or liable of any claim/ tax/ fine arising out of failure of promised services/ product or parts thereof by the Member or the Member's firm/ company to any outside/ third party.

  6. The Mesh shall not have any claim or right over the Intellectual Property of the members, their companies or their products. Any product or process created within the Premises of The Mesh shall be the sole and exclusive Intellectual Property of the Members.

  7. The Mesh shall not be liable towards any responsibility arising out of the tax liability specific to the Member's firm/ company such as but not limited to Professional tax, Provident Fund, Gratuity, GST, ESIC, LBT, income tax, or any government or city or state tax.

XI. FORCE MAJEURE

  1. In case at any time hereafter as a result of war, terrorism, riots, earthquake, tidal waves, floods and/or fire and/or any act of God; (herein referred to as 'the said Force Majeure Events') the said premises/ facility is wholly or partially destroyed or damaged by way of natural calamities, fire, accidents, terrorist acts, etc. or by any other way and/ or if the said premises/ facility becomes unfit for the use of the Member/ Members, then on such occurrence, the membership agreement shall be considered terminated from the date of occurrence of the Force Majeure incident.

  2. The Mesh shall not be responsible for any damages, injuries, loss to life or bodily losses caused directly or indirectly to Member/ Members or their personal effects/ possessions or damage to their work/ data or damages leading to loss of earning or loss to reputation or clients due to Force Majeure Events.

XII. FINAL PROVISIONS

  1. Any and all notices under this Agreement will be given via email, and will be effective on the first business day after being sent. The email has to be sent by the Primary Member or Authorized Signatory to info@proteusventures.in

  2. The Mesh reserves the right to alter/ amend or change the Terms and Conditions of the membership including the financial terms. A notice within 30 days of such change shall be served to the Members.

  3. The Mesh reserves the right to terminate the Membership Agreement immediately after giving a notice of 30 days without giving any justification whatsoever to the member/ members.

  4. In the event that any provision or portion of these Terms and Conditions of Membership are determined to be invalid, illegal or unenforceable for any reason, in whole or in part, the remaining provisions shall be unaffected and shall remain in full force and effect to the fullest extent permitted by the law.

  5. The Agreement will be governed by and shall be construed in accordance with Indian Law and the courts of Pune shall have jurisdiction to deal with any disputes arising out of or in connection with this Agreement.

  6. The membership agreement can be mutually extended should both parties so desire

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