Billing Policy – Small Big Growth

This Billing Policy is an integral part of the Service Agreement entered into between Growthology Technologies LLP (“Service Provider”) and the Client. It outlines the financial and billing terms under which the Service Provider will deliver lead generation, sales, and marketing services to the Client.

1. Payment Terms and Conditions

Fees Structure: The Client agrees to pay the Service Provider fees as described under Annexure A of the Service Agreement. This includes a base fee, one-time setup fees, per meeting booking/per positive response incentives, and a revenue share as detailed in the agreement.
Payment Schedule: The base fee is payable quarterly in advance or as mutually agreed upon. Incentives for meeting bookings or positive responses are invoiced monthly and are due within 7 days of invoice receipt.
Additional Costs: Costs for domains, email addresses, or other digital assets required for the Services are covered by the Service Provider in the first year. From the second year onwards, the costs of renewing these assets will be borne by the Client.

2. Client Obligations

The Client is responsible for providing necessary cooperation, support, and materials required for the effective performance of services by the Service Provider.
Delays or defaults by the Client may entitle the Service Provider to an appropriate extension of time for the performance of its obligations.

3. Revenue Share Fee Structure

The Revenue Share Fee Structure agreed upon will remain in effect for the entire defined Revenue Share Duration. Termination of the agreement by either party does not discontinue the obligation to pay Revenue Share Fees for the duration.
The Client has the option for a one-time bailout payout, subject to acceptance by the Service Provider.

4. Cancellation and Termination

The agreement is valid for a specified period from the Effective Date, with automatic renewal for successive one-year terms unless a 60-day written notice of non-renewal is provided by either party.
If the Client wishes to terminate the services, a 60-day advance written notice is required. Termination notices received after the advance notice period will result in billing and payments continuing as per contract terms for the next billing cycle before termination takes effect.

5. Billing Disputes

Any disputes related to billing must be communicated in writing within 30 days of the disputed charge. The Service Provider and Client agree to work in good faith to resolve any billing disputes amicably.
In the event Growthology Technologies LLP does not get their pending dues after 30 days of wait period, growthology technologies will immediately suspend the services pending the outcome of the dispute. Growthlogy Technologies retains the right to collect on any rendered services or payments outstanding, and the client may be turned over to a third-party collection service. Growthology Technologies LLP reserves the right to take legal action to collect on any outstanding amounts.

6. Amendments to Billing Policy

This Billing Policy may be amended in accordance with the terms of the Service Agreement. Any amendments will be communicated in writing and agreed upon by both parties.

7. Governing Law

This Billing Policy, as part of the Service Agreement, shall be governed by and construed in accordance with the laws of India as descrived in the Service agreement.

This Billing Policy is designed to ensure clarity and mutual understanding between Growthology Technologies LLP and the Client regarding financial obligations, payment schedules, and billing procedures.