Article 1 (Purpose)
These Terms and Conditions define the rights, obligations, and responsibilities of Vendit Co., Ltd. (“the Company”) and users (“Users”) regarding the use of the Vendit Channel Management System (“the Solution”), which includes online, mobile, and application-based services.Article 2 (Definitions)
- Solution: A system provided by the Company that supports functions such as member management, room sales record management, and payment program integration.
- Service: Room sales record management services provided through the Solution.
- Room Sales Record Management: Automated login to online travel agencies (OTAs) using stored credentials to manage and review room sales records collectively.
- Member: A person or entity registered with the Solution who continuously uses the services provided by the Company.
- User: A Member accessing the Solution under these Terms and Conditions.
- Service Fees: Fees charged for using the Solution’s basic and additional services.
Article 3 (Notice, Explanation, and Amendment of Terms)
- The Company will disclose these Terms and Conditions, along with necessary business and contact information, on the Solution’s homepage for easy access.
- The Company may amend these Terms in compliance with applicable laws.
- Amendments will be announced at least seven (7) days prior to their effective date. For changes unfavorable to Users, a notice period of thirty (30) days will be provided.
Article 4 (Formation of the Agreement)
- The Agreement is established when a User consents to these Terms, applies for the Solution, and the Company approves the application.
- Users must provide accurate information during registration, and the Company may verify their identity.
- The Company reserves the right to withhold or reject applications under specific conditions, such as false information or unauthorized use.
Article 5 (Provision of Services)
- The Company provides services, including automated login to OTAs, room sales record management, and related functions.
- Services may be modified due to legal, business, or technical changes, with Users promptly notified of significant modifications.
Article 6 (Service Interruption)
- Services may be temporarily suspended for maintenance, technical issues, or emergencies.
- Users will be compensated for damages caused by interruptions unless the Company proves the absence of negligence.
Article 7 (Membership Registration)
- Membership is granted when Users register and agree to these Terms.
- The Company may deny membership for reasons such as false registration or failure to provide required documents.
Article 8 (User Obligations)
- Users must provide accurate information and comply with these Terms and applicable laws.
- Users must secure their account credentials and report any unauthorized access immediately.
Article 9 (Service Fees)
- Users are required to pay fees as determined by the Company.
- Additional charges may apply for optional features.
Article 10 (Payment Methods)
- Service fees are primarily paid via credit card.
- Payments may be recurring monthly, one-time for additional features, or annual.
Article 11 (Exclusion of Consumer Protection Laws)
These Terms govern business-to-business transactions, and consumer protection laws do not apply.Article 12 (Use and Termination of the Solution)
- The Solution may be used immediately after the Agreement is established.
- Users may terminate use at any time, but all outstanding fees must be settled.
Article 13 (Membership Withdrawal and Disqualification)
- Members may withdraw at any time by notifying the Company.
- The Company may limit, suspend, or revoke membership for violations of these Terms.
Article 14 (Notices to Users)
- Notices will be sent to the User’s registered contact details.
- General notices may be posted on the Solution’s homepage for at least one week.
Article 15 (Modification and Cancellation of Agreements)
- Users may request modifications or cancellations of agreements, subject to applicable laws.
- The Company is not liable for modifications unless proven to result from negligence.
Article 16 (Fulfillment of Agreements)
- Users must fulfill their contractual obligations as specified in the Agreement.
- The Company may request information about contract execution for advertising or promotional purposes.
Article 17 (Information Protection)
- Personal information will be handled per the Privacy Policy.
- Confidential information must be explicitly identified by the User when provided to the Company.
Article 18 (Management of User ID and Password)
- Users are responsible for managing their IDs and passwords.
- Unauthorized use must be reported to the Company immediately.
Article 19 (Termination of Agreements)
- Either party may terminate the Agreement for breaches or by mutual consent.
- Penalties apply for contract violations based on the remaining term.
Article 20 (Compensation for Damages)
Users are liable for damages caused by breaches of these Terms.Article 21 (Limitation of Liability)
- The Company is not liable for damages caused by User negligence or third-party services.
- Force majeure events exempt the Company from liability.
Article 22 (Intellectual Property Rights)
- The Company retains all rights to the Solution.
- Users may not modify, distribute, or commercialize the Solution without prior consent.
Article 23 (Confidentiality)
Both parties must keep proprietary information confidential during and after the Agreement.Article 24 (Prohibition of Transfer)
Rights and obligations under the Agreement may not be transferred without prior written consent.Article 25 (Dispute Resolution)
- Disputes will be resolved amicably wherever possible.
- Complaints will be prioritized and addressed promptly.
Article 26 (Governing Law)
- These Terms are governed by the laws of the Republic of Korea.
- Disputes will be resolved in the competent court under Korean law.