NeXI Standard Intellectual Property Terms

1. Definitions. "NeXI Background IP" means all software, products (including DataPlat, CxO AI Boardroom and AfterTrace), governance methods, templates, know-how, documentation and patent applications owned or developed by NeXI before or independently of this Agreement, and all improvements to them, whenever made. "Client Data" means data supplied by the Client. "Client-Specific Deliverables" means reports, policies and configurations prepared solely for the Client under this Agreement.

2. NeXI ownership. NeXI Background IP remains the exclusive property of NeXI. Nothing in this Agreement transfers any right in it to the Client, except the licence in clause 4.

3. Client ownership. The Client owns Client Data. On full payment, the Client owns Client-Specific Deliverables, excluding any NeXI Background IP within them.

4. Licence. NeXI grants the Client a non-exclusive, non-transferable licence to use NeXI Background IP embedded in the deliverables for the Client's internal business purposes, for the term of the licence purchased (and without time limit for documents delivered).

5. Custom solutions. Unless a signed statement of work states otherwise, at a separately stated price, software and components developed by NeXI under this Agreement are NeXI Background IP and are licensed to the Client under clause 4.

6. Improvements and feedback. Any improvement to NeXI Background IP made during this Agreement, by either party, belongs to NeXI, and the Client assigns to NeXI any rights it may acquire in such improvements. The Client grants NeXI a free, perpetual right to use any suggestions or feedback it provides.

7. No joint development. No joint ownership of any intellectual property arises under this Agreement unless agreed in a separate signed document.

8. Use of Client Data. NeXI uses Client Data only to provide the services to the Client. NeXI does not use Client Data to train or improve products for any other party. At the end of the Agreement, NeXI returns or deletes Client Data as the Client instructs.

9. Confidentiality. Each party keeps the other's confidential information confidential. NeXI's technical information, methods and product designs are confidential information of NeXI.

10. Restrictions. The Client shall not copy, modify, reverse engineer or disclose NeXI Background IP, except as this Agreement allows.

11. No exclusivity. Nothing in this Agreement restricts NeXI from providing similar products or services to others, provided NeXI does not use the Client's confidential information.

12. Precedence. This Schedule prevails over any conflicting term in this Agreement or in any Client document relating to intellectual property.

13. Versions. The version of these terms published at the date an agreement is signed applies to that agreement. Later versions do not change signed agreements. Earlier versions remain available at nei.sa/legal/ip-terms.