📝 Legal¶
Terms & conditions¶
All of our contracts are based on our terms & conditions (aka allgemein Vertragsbedingungen, AGB), which can be downloaded here:
Note
The original Pages file can be found on Seafile in the Sales/_Templates
directory.
Terminology¶
We’re using specific terminology in our Terms & conditions, which means the following:
- Fixed price (Fixpreis)A fixed price is a one-time payment, or a fee.It’s something we’re not going to charge on a hourly-based rate.
- Prepayment / Partial payment (Vorauszahlung / Teilzahlung)An advance payment for a «fixed price» project, or alike.
- RetainerAn advance payment for a hourly-based services (most likely consulting), which we didn’t invoice yet.Services will be invoiced against this retainer until its depleted.Legally, remaining retainers belong to the client, and will not affect the P/L.
- Support poolSimilar to a «Retainer», but with specific SLA’s (availability, reaction time, etc.).Support pools are like «insurance services», and they will expire when not used.
- License fee (Lizenzgebühr)A recurringly charged service, for the usage of one of our products or services.Legally, a party pays this fee to use our intellectual property (aka IP) – similar to rent.
- Maintenance fee (Wartungsgebühr)A recurringly charged service, for which we guarantee the availability, and maintenance of certain services.
Hint
Advance payments for fixed price projects are a «prepayment», while hourly-based services use a «Retainer», and / or «support pool».
See also
Also check out the Retainers on Investopedia.