General Terms and Conditions of Sale
Last updated 2025/10/14
Clause 1. NOTICE
This General Terms and Conditions of Sale (“GTCS”) governs any sale, leasing of the Products and/or Services by Otodata Wireless Network Inc. (hereunder “Otodata” or “Provider”) to Customer (defined in Clause 2). Otodata’s acceptance of Customer’s Purchase Order or purchasing request is subject to and expressly made conditional on these Terms and Conditions. Any additional or different terms proposed by Customer are expressly objected to and shall not be binding upon Otodata unless expressly accepted in writing by Otodata authorized representative. Any order for Products and/or Services shall constitute acceptance of these Terms and Conditions. Otodata reserves the right to update the GTCS at any time by giving Customer thirty (30) calendar days’ notice of any changes by posting notice on Otodata website www.otodatatankmonitors.com/terms-and-conditions.
Clause 2. DEFINITIONS
a) “Agreement” means this General Terms and Conditions of Sale, also referred as “GTCS”.
b) “Contract” means this General Terms and Conditions for Sale (GTCS), or an executed Master Service Agreement (MSA) if any, including Otodata accepted Customer Purchase Order.
c) “Customer” refers to the legal entity that has entered into this Agreement or a Contract with the Service Provider (Otodata) to receive remote tank monitoring services. The Customer is responsible for ensuring Otodata and/or Otodata’s contractor’s access to the tanks, compliance with applicable laws and regulations, and Terms of Use, and timely payment for the services, and other terms and conditions as outlined in this Agreement.
d) “Deliverable(s)” means Products and/or Services Otodata agrees to provide Customer under a Contract. Deliverables include the Scope of Work.
e) “Product(s)” means the telemetry tank monitoring devices and accessories purchased by Customer from Otodata and installed on Customer’s tanks. The Product(s) are designed, manufactured and supplied by Otodata to Customer under a purchase order. Product(s) has the same meaning as “Monitoring Equipment” under this Agreement.
f) “Telemetry Monitor(s)” or “Monitor(s)” means the telemetry tank monitor device(s) excluding accessories.
g) “Purchasing Model” means one of the three business models offered by “Otodata”, The Service coverage is stated in Clause 3.1.1 of this Agreement.
h) “Services” shall mean the tank monitoring service provided by Otodata, subject to the business model Customer subscribed, which may include real-time data collection, remote monitoring, remote diagnostic, technical support, Products maintenance, and repair and replacement of Products.
i) “Intellectual Property” or “IP” means any legally enforceable rights, worldwide, under statute or common law with respect to inventive subject matter or discoveries (hereinafter, “Inventions”) or original works of authorship and including, but not limited to patents, copyrights (including mask works), trademarks and trade secrets.
j) “Intellectual Property Right” or “IPR” means any intellectual and industrial property rights including, but not limited to, copyright, moral rights and neighboring rights, all rights in relation to: inventions (including patent rights and utility models), trademarks, database rights, design rights, service marks, confidential information (including trade secrets and know how), drawings, prototypes, copyright works, algorithms, software and all other rights resulting from intellectual activity in the industrial, scientific, literary or artistic field, afforded by law anywhere in the world whether registered or unregistered or capable of registration and all applications thereof. IPR is an exclusive right to produce the Product or Services, make copies of the Products or Services, market the Products or Services related to this Agreement.
k) “Background IP” or “Supplier IP” means intellectual property that a Party owns or controls prior to the commencement of the Contract or that is developed independently outside the scope of the Contract. Background IP is a pre-existing IP or independently developed IP that is brought into the relationship for use in performing the Contract.
l) “Foreground IP” refers to the intellectual property that is created, developed, or conceived during the performance of a Contract. Given the fact that the Products and/or Services offered by Otodata under Contract is solely and independently developed by Otodata, there is no foreground IP created in this Agreement, unless expressively set forth in any Contract (MSA, HaaS, TMaaS).
m) “Master Service Agreement” or “MSA” means a separate sales Contract executed between Otodata and Customer that set forth the terms and conditions governing major business transaction concerning Customer’s purchasing of Otodata’s Products and Services under either HaaS or TMaaS Model. “Agreement”.
n) “Purchase Order” or “PO” means a written order issued by Customer to Otodata and accepted by Otodata set forth terms and conditions including pricing, quantity, delivery terms etc.…which govern the Products and Services Customer purchased from Otodata.
o) “Specification” means a detailed description of the technical specification or criteria that the hardware Products, software, and Services to be met under this Agreement.
p) “HaaS” (Hardware As A Service). HaaS is one of the three business models offered by Otodata, the Service coverage of HaaS model is sated in clause 3.1.2.
q) “TMaaS” (Tank Monitoring As A Service) TMaaS is one of the three business models offered by Otodata. The Service coverage for TMaaS model is stated in 3.1.3. The TMaaS model is a seven (7) years’ fixed term Contract which includes (a) Monitoring Equipment supplied to Customer but under the ownership of Otodata; (b) day to day tank monitoring services; (c) Monitoring Equipment installation and software deployment services; (d) Monitoring Equipment and software maintenance services. TMaaS covers all data transmission and connectivity services i.e.: sim cards and data roaming along with installation or maintenance of the unit. Under TMaaS business model, Otodata retains device ownership throughout the entire term of the Contract unless Customer “buyout” the Monitoring Equipment at the end of the applicable Contract.
Clause 3. SCOPE OF SERVICES
3.1 Otodata provide Customer with Monitoring Devices and access to tank monitoring services at Customer’s designated location(s). Scope of Services varies from each business model that Customer is contracted for as stated below.
3.1.1 Services under Purchasing Model include:
a) Supply of Monitoring Equipment. Otodata shall provide Customer with Telemetry Monitors and remote tank monitoring Services stated below. Upon Customer’s payment of the Products, the title of the Products is transferred from Otodata to Customer.
b) Core Daily Telemetry Monitoring Services. Subject to Customer’s payment of monthly fee for the monitoring services, Otodata shall make the Nee-Vo Software and/or API available to Customer twenty-four (24) hours a day, seven (7) days a week except the regular weekly maintenance may occasionally cause disruption of service availability. Customer shall be informed twenty-four (24) hours in advance for any unscheduled maintenance as required.
c) Technical Support. Otodata shall provide Customer with technical support Services for each unit of Telemetry Device(s) purchased from Otodata via telephone, web-form, email during the normal business hours and for the entire term of the subscription and ensure that the documentation and specifications remain complete and accurate at all the time.
d) Customer Portal/Applications Maintenance. Otodata shall provide Customer with a free branded mobile app and access to the Nee-Vo online platform, delivering real-time data.
e) Provide Instructions and Materials. Otodata shall provide Customer with comprehensive installation manuals, method statements and risk assessments instruction manuals to support Customer’s installation of the Telemetry Devices.
f) On-line Virtual Training. Otodata shall provide Customer with training on the installation of the Telemetry Devices and use of the Website and Applications as required.
g) Consultation. Otodata shall provide Customer with consultation services and programming as Customer may request from time to time.
3.1.2 Services under HaaS Model include:
a) HaaS Model covers all the Services included in Purchasing model. However, under HaaS Model, the Monitoring Equipment is leased to Customer, Otodata shall retain the ownership of the Monitoring Equipment.
3.1.3 Services under TMaaS Model include:
a) TMaaS Model covers all the Services under Purchasing and HaaS Model, plus the value-added Services stated in b).
b) Field Services including installation and maintenance of Monitoring Equipment.
Clause 4. DELIVERY, TRANSFER OF RISK AND TITLE
4.1 Delivery Terms. Otodata shall provide delivery of the Products in accordance with the quality, delivery schedule, delivery address specified in Otodata approved Customer Purchase Order or Service Request.
4.2 Incoterms. Unless specifically agreed in writing, Otodata shall deliver Products DAP (Customer’s facility) Incoterms 2020. under DAP Incoterms 2020, Otodata is responsible for export packaging, loading charges, export duty and clearance, Origin terminal handling charges, transportation and delivery to port or customer appointed location of destination, freight charges, destination terminal handling charges. Customer is responsible for (1) unloading the Products at the destination and the cost associated with the unloading products; (2) processing custom clearance and cost associated with customer clearance, import duty/taxes.
4.3 Risk and Title Transfer. Under “Purchasing” model, the title and ownership of the Products are transferred from Otodata to Customer upon completion of the delivery. However, under HaaS or TMaaS model, the title of Products shall always remain with Otodata.
Clause 5. PRICE AND PAYMENT TERMS
5.1 Pricing. Price of Monitoring Equipment and tank monitoring services are stated in either the executed Master Service Agreement (MSA) between Otodata and Customer, or the quote provided by Otodata sales team and are subject to applicable taxes. Fees may be subject to adjustment upon renewal or by notice from Otodata, effective at the beginning of the next billing cycle.
5.2 INVOICE. Otodata shall send the invoice for the sold Products to Customer upon the delivery of the Products. The invoice for monitoring services shall be sent to Customer by email on monthly basis. Each invoice shall indicate the description of Products or Services, the Quantity, Purchase Order number or Service Request Number associated with the invoice.
