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Service Level Agreement

Service Level Agreement with Nano Net Technologies Inc. Effective 2nd Dec 2020
This Nanonets Service Level Agreement ("SLA") accompanies the Nanonets Subscription Terms of Service, available at terms of service or a successor URL (the "Agreement") entered into between you ("Customer") and Nanonets. Capitalized terms used in this SLA that are not defined herein have the meanings given to them in the Agreement.

Target Availability.

Nanonets will use commercially reasonable efforts to make each Service available with an uptime of 99.5% of each calendar month ("Target Availability").

Exclusions.

The calculation of uptime will not include unavailability to the extent due to: (a) use of the Service by Customer in a manner not authorized in this Agreement or the applicable Documentation; (b) general Internet problems, force majeure events or other factors outside of Nanonets's reasonable control; (c) Customer's equipment, software, network connections or other infrastructure; (d) third party systems, acts or omissions; or (e) Scheduled Maintenance or reasonable emergency maintenance.

Scheduled Maintenance.

"Scheduled Maintenance" means Nanonets's scheduled routine maintenance of the Services for which Nanonets notifies Customer at least twenty-four (24) hours in advance. Scheduled Maintenance will not exceed eight (8) hours per month. Nanonets typically performs Scheduled Maintenance once per month.

Remedy for Failure to Meet Target Availability.

If there is a verified failure of a Service to meet Target Availability in two (2) consecutive months, then Customer may terminate the applicable Subscription Term by sending written notice of termination within thirty (30) days after the end of the second such month, in which case Nanonets will refund to Customer any fees Customer has pre-paid for use of such Service for the terminated portion of the applicable Subscription Term. This termination and refund right is Customer's sole and exclusive remedy, and Nanonets's sole and exclusive liability, for Nanonets's failure to meet the Target Availability.