B2B Commercial Contracts · Moroccan Code of Commerce · Law 53-05
General Terms of Sale & Master Services Agreement (MSA)
Contractual terms governing bespoke engineering sprints (Track 01), Vext Voice telephony runtime platform licensing (Track 02), intellectual property assignment, and strict liability caps under Moroccan law.
Last legal revision: October 2026 · Casablanca, Kingdom of Morocco
Engineering Provider & Corporate Identity
These Master Terms are entered into between the enterprise client ("Client") and the engineering house:
Raison SocialeVext Technologies SARL
Forme Juridique & CapitalLimited Liability Company (SARL) · Share Capital: 100,000.00 MAD
Registre de CommerceCasablanca Commercial Registry No. 598412 · ICE: 003487921000045
Siège SocialHeadquarters: Linkcity, Main Street, Casablanca, Morocco
Contact Contractuel[email protected]
Juridiction CompétenteCommercial Court of Casablanca, Morocco
Master Agreement Table of Articles
Article 1. Scope & Contract Formation
1.1 B2B Exclusivity: These General Terms of Sale and Services ("Terms") govern all contractual engagements between Vext Technologies SARL ("Vext") and commercial clients acting within the scope of their enterprise activities.
1.2 Consumer Right of Withdrawal Exclusion (Law 31-08): As customized engineering and bespoke digital software platforms delivered immediately, services fall under statutory exceptions of Article 36 of Moroccan Law No. 31-08; no withdrawal rights apply following order execution.
1.3 Contract Formation: Binding upon physical or qualified electronic signature (under Moroccan Law No. 53-05) of a Quote, Purchase Order, or Statement of Work (SOW). Quotes remain valid for 30 calendar days.
Article 2. Sprint Execution & Technical Acceptance (Track 01)
2.1 Agile Delivery: Fixed-scope engineering sprints (Vext Boost, Custom Tools Studio, ERP syncs) are executed in structured 2-week iterations.
2.2 Acceptance Protocol: The Client has ten (10) business days from staging delivery to inspect deliverables.
2.3 Tacit Irrevocable Acceptance: Failure to submit detailed written non-conformity reports within this 10-day window constitutes full and irrevocable acceptance, making all sprint balances immediately due.
Article 3. Intellectual Property Assignment & Title Retention
3.1 Bespoke Deliverables Assignment: Full proprietary economic copyright in bespoke source code developed uniquely for the Client under a SOW transfers to the Client worldwide for the statutory duration of copyright protection (Law No. 2-00).
3.2 CONDITIONAL PRECEDENT ON FULL PAYMENT: THIS IP ASSIGNMENT IS EXPRESSLY CONTINGENT UPON 100% UNENCUMBERED INVOICE SETTLEMENT. Until full payment is received, Vext retains absolute title and may revoke code access.
3.3 Vext Background IP: Vext retains 100% perpetual ownership of pre-existing engines, SIMD DSP codecs, voice orchestration platforms, and libraries. The Client receives a non-exclusive, perpetual, royalty-free license to use Background IP embedded within deliverables.
Article 4. Vext Voice & Vext Auth Platform (Track 02 - SaaS & SLA)
4.1 Production SLA: 99.99% monthly availability for managed production runtimes.
4.2 Exclusions: Scheduled maintenance (communicated 48h in advance), telecom operator outages (IAM, Orange, Inwi), client network misconfigurations, and events of Force Majeure.
Article 5. Pricing, Invoicing & Late Payment Penalties
5.1 Prices: Expressed in Moroccan Dirhams (MAD) exclusive of VAT (20%) or foreign currency for export.
5.2 Terms: 50% advance deposit upon order, 50% upon sprint delivery.
5.3 Late Penalties: Statutory late interest at the Bank Al-Maghrib benchmark rate plus 7 percentage points, plus a statutory recovery fee of 1,000.00 MAD per overdue invoice, alongside immediate service suspension rights.
Article 6. MAXIMUM AGGREGATE LIABILITY CAP & CONSEQUENTIAL DAMAGES WAIVER
6.1 Obligation of Means: Vext provides engineering advisory under a standard of best efforts (obligation de moyens).
6.2 WAIVER OF CONSEQUENTIAL DAMAGES: VEXT SHALL NEVER BE LIABLE TO CLIENT OR THIRD PARTIES FOR INDIRECT, PUNITIVE, SPECIAL, OR CONSEQUENTIAL DAMAGES (INCLUDING LOSS OF PROFITS, DATA, REVENUE, CLIENTELE, OR GOODWILL).
6.3 FINANCIAL CAP: VEXT'S TOTAL CUMULATIVE AGGREGATE LIABILITY ARISING OUT OF OR RELATING TO THE CONTRACT SHALL BE STRICTLY LIMITED TO THE TOTAL FEES ACTUALLY PAID BY CLIENT UNDER THE APPLICABLE SOW (OR 3 MONTHS OF SAAS FEES PRECEDING THE CLAIM).
Article 7. Non-Solicitation of Personnel Covenant
The Client covenants not to solicit or hire any Vext engineer or specialist during the contract and for twenty-four (24) months thereafter. Violation triggers an immediate liquidated damages penalty equal to twelve (12) months of the engineer's gross salary (Article 264 D.O.C.).
Article 8. Non-Disclosure & Trade Secrets
Strict confidentiality governing all source code, system architectures, and trade secrets for the contract duration and five (5) years following termination.
Article 9. Force Majeure (Articles 268 & 269 D.O.C.)
Exoneration for subsea cable cuts, nationwide carrier outages, energy grid failures, and governmental actions.
Article 10. Governing Law & Casablanca Commercial Court Jurisdiction
Governed exclusively by Moroccan law. Mandatory 30-day amicable conciliation, failing which exclusive jurisdiction is vested in the Commercial Court of Casablanca, Morocco.
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The French and Arabic versions govern officially before Moroccan courts and arbitration.