Standard Terms & Conditions

The following terms and conditions apply to the supply of all goods and/or services by Infinite Energy Holdings Ltd.

1.Definitions and Interpretation in these Standard Terms & Conditions:

1.1. the following words and expressions have the following meanings unless the context otherwise expressly requires:

“Affiliate” in respect of a person, any persons that Control, are Controlled by or are under common Control with that person from time to time;

“Applicable Law” any:

(a) statute, statutory instrument, bye-law, order, regulation, directive, treaty, decision of

the European Council, decree or law (including any common law or civil law judgment,

demand, order or decision of any court, regulator or tribunal);

(b) legally binding rule, policy, guidance or recommendation issued by any governmental, statutory or regulatory body; and/or

(c) legally binding industry code of conduct or guideline which relates to the Contract, the Products, and/or the Services;

“Business Day” a day that is not a Saturday, Sunday or public or bank holiday in England and/or Wales;

“Change in Control” will occur in respect of a person (the “relevant entity”) where:

(a) Control of the relevant entity is obtained (whether directly or as a result of obtaining Control of one or more other persons) by any person who did not at the Start Date hold Control (whether directly or as a result of having Control of one or more other persons)

of the relevant entity; or

(b) a person who has Control (whether directly or as a result of having Control of one or

more other persons) of the relevant entity at any time during the term of the Contract ceases to have Control (whether directly or as a result of having Control of one or more other persons) of the relevant entity;

“Charges” such charges for the provision of Products and/or Services, including the Services Fee and the Product Fee as set out in the Proposal or elsewhere as specified, as may be updated and notified to you by us from time to time;

“Conditions” the Standard Terms & Conditions and where applicable the Additional Ts & Cs;

“Consultancy Services” the services described in Additional Ts & Cs – Part 2 – Consultancy Services;

“Consultancy Services Charges” has the meaning given in Additional Ts & Cs – Part 2 – Consultancy Services;

“Consumption Data” all information either (i) in your possession, custody and control and/or (ii) held by any current or past Utility Provider and which relates to your consumption of Utilities from time to time, including any prices charged in relation to such consumption;

“Control” in relation to a person, the power (whether direct or indirect) to direct or cause the direction of its affairs, whether by means of holding shares, possessing voting power, exercising

contractual powers or otherwise and “Controlled” will be construed accordingly;

“Contract” the contract between us and you for the sale and purchase of the Products and/or

Services in accordance with these Conditions;

“Customer” the person or firm who is to receive Services or Products from us under the Contract, as set out in the Order and/or Proposal as the case may be;

“Customer Data”

(c) the Consumption Data; and

(d) all data in any medium which you permit or request (whether expressly or by implication) us to access, store, transmit, distribute or otherwise process in the delivery of the Products and/or performance of the Services;

“Customer Default” has the meaning given to it in clause 6;

“Data Controller” the meaning given to it in the DPA;

“Data Processor” the meaning given to it in the DPA;

“Deliverables” any hosting services, written reports, utility consumption data generated by us or

any of our utility monitoring products and any other written materials which we have

specifically agreed in writing to provide to you as part of our Products or Services;

“DPA” the Data Protection Act 1998;

“Data Protection Legislation” the DPA and any legislation implemented from time to time by the

UK Government to adopt the GDPR;

“Event” an act, event, omission or circumstance

“Force Majeure Event”

(e) act of God;

(f) war, insurrection, riot, civil commotion, act or threat of terrorism;

(g) lightning, earthquake, fire, flood, storm, or extreme weather condition;

(h) theft, malicious damage;

(i) strike, lockout, industrial dispute (whether affecting the workforce of a party and/or

any other person);

(j) breakdown or failure of plant or machinery;

(k) inability to obtain essential supplies or materials;

(l) any failure or default of a supplier or sub-contractor of the relevant Party; or

(m) any event or circumstance to the extent it is beyond the reasonable control of the

relevant Party

“GDPR” General Data Protection Regulation ((EU) 2016/679);

“Standard Terms & Conditions” the terms and conditions set out in this Part 1 – Standard Terms & Conditions;

“Indemnified Costs” all costs (on a full indemnity basis) including legal and other professional costs and costs of enforcement;

“Insolvent” you are Insolvent where you:

(n) give notice under section 84 Insolvency Act 1986 of, or propose or pass a resolution for,

your winding up or in the case of a limited liability partnership proposes or determine that

you will be wound up;

(o) have a winding up petition presented against you;

(p) have a winding up order or a notice of striking off made in respect of you;

(q) have an administration order or an application for an administration order made in

respect of you or has a notice of appointment of an administrator or a notice of intention to

appoint and administrator filed in respect of you at any court;

(r) propose, make or are subject to:

(s) a company voluntary arrangement;

(t) a composition with your creditors generally;

(u) an application to a court of competent jurisdiction for protection from your creditors

generally; (v) a scheme of arrangement under Part 26 Companies Act 2006;

(w) have a receiver or a provisional liquidator appointed over any of your assets,

undertakings or income;

(x) cease to trade or appear, in the reasonable opinion of the Company, to be likely to cease

to trade;

(y) are unable to pay debts as they fall due; or the value of your assets are less than its

liabilities, including your contingent and prospective liabilities;

(z) are the subject of anything analogous to the foregoing under the laws of any applicable

jurisdiction;

“Installation” the installation of Products at the Premises as part of the performance of the

Services; and “Install” and “Installed” will be construed accordingly;

“Intellectual Property Rights” all intellectual and industrial property rights of any kind

whatsoever including but not limited to, patents, supplementary protection certificates, rights

in know-how, registered trademarks, registered designs, models, unregistered design rights,

unregistered trademarks, rights to prevent passing off or unfair competition and copyright

(whether in drawings, plans, specifications, designs and computer software or otherwise),

database rights, topography rights, any rights in any invention, discovery or process, and

applications for and rights to apply for any of the foregoing, in each case in the United Kingdom

and all other countries in the world and together with all renewals, extensions, continuations,

divisions, reissues, re-examinations and substitutions;

“Liability” liability arising out of or in connection with the Contract, whether in contract, tort,

misrepresentation, restitution, under statute or otherwise, including any liability under an

indemnity contained in this and/or arising from a breach of, or a failure to perform or defect or

delay in performance of, any of our obligations under the Contract and/or any defect in any of

the Products or Services, in each case howsoever caused including if caused by negligence;

“Losses” all losses including all direct, indirect and consequential losses;

“Order” your request for the supply by us of Products and/or Services, whether as set out in

your purchase order form, your letter of authority, your written acceptance of our quotation, or

overleaf, as the case may be;

“Personal Data” any personal data (as such term is defined in the DPA and subsequent

replacement legislation);

“Premises” any premises (whether belonging to or under the control of Customer or otherwise)

in respect of which we have agreed to deliver or Install Products and/or perform Services;

“Product Fee” such sums as are payable by you in respect of our supply to you of the Products,

as described in our Proposal;

“Procurement Services” the services described in Additional Ts & Cs – Part 1 – Procurement

Services;

“Products” the products to be supplied by us to you as described in our Proposal;

“Proposal” the document issued by us to you setting out the nature of the services and products

to be supplied by us to you;

“Recoverable Liabilities” all Losses, liabilities, Indemnified Costs, damages and expenses that the indemnified person does or will incur or suffer, all claims or proceedings made, brought or threatened against the indemnified person by any person and all Losses, liabilities, Indemnified Costs, damages and expenses the indemnified person does or will incur or suffer as a result of defending or settling any such actual or threatened claim or proceeding;

“Services” such of the Consultancy Services, Procurement Services as are to be supplied to you as set out in our Proposal and as those services may be varied from time to time together with such other services as we may agree in writing to supply to you;

“Services Fee” such sums as are payable by you in respect of our provision to you of the Services, as described in our Proposal, and which may include the following: (aa) the Consultancy Services Charges;

“Start Date” the earlier of the date upon which we agree to provide Products and/or Services to you, or the date upon which we commence the supply of services;

“Supplemental Terms” the terms and conditions set out in Additional Ts & Cs Part 1,

Supplemental Terms Part 2; and

“Year” the period of 12 months starting on the Start Date, each successive period of 12 months

during the Term and the period (if any) starting on the day following the expiry of the last such

period of 12 months and ending on the Termination Date.

1.2. all headings are for ease of reference only and will not affect the construction or interpretation of the Contract;

1.3. unless the context otherwise requires:

1.3.1. references to the singular include the plural and vice versa and references to any gender include every gender;

1.3.2. references to a “person” include any individual, body corporate, association, partnership, firm, trust, organisation, joint venture, government, local or municipal authority, governmental or supra-governmental agency or department, state or agency of state or any other entity (in each case whether or not having separate legal personality);

1.3.3. references to a “Party” or to the “Parties” will mean we and/or you as the context requires and will include a reference to its or their successors and (to the extent applicable) permitted assigns and references to a third party will mean any person other than the Parties;

1.4. references to any statute or statutory provision will include any subordinate legislation made under it and will be construed as references to such statute, statutory provision and/or subordinate

legislation as modified, amended, extended, consolidated, re-enacted and/or replaced and in force from time to time;

1.5. any words following the words “include”, “includes”, “including”, “in particular” or any similar words or expressions will be construed without limitation and accordingly will not limit the meaning

of the words preceding them;

1.6. to the extent only of any conflict or inconsistency between the Standard Terms & Conditions and the Additional Ts & Cs, the Additional Ts & Cs shall take priority.

1.7. an obligation on a Party to procure or ensure the performance or standing of another person will be construed as a primary obligation of that Party; and

1.8. any obligation on a Party not to do or omit to do anything includes an obligation not to allow (whether expressly or by a failure to take reasonable steps to prevent) that thing to be done or

omitted to be done by any other person.

2.Commencement and term

The Contract shall commence on the Start Date and shall continue, unless terminated earlier in accordance with its terms, until we have completed the provision of the Services and/or supply of the Products under the Contract.

3.Basis of contract

3.1. These Conditions apply to the Contract to the exclusion of any other terms that you seek to

impose or incorporate, or which are implied by trade, custom, practice or course of dealing.

3.2. The Order constitutes an offer by you to purchase the Products and/or Services from us in accordance with these Conditions. You are responsible for ensuring that the terms of the Order are complete and accurate.

3.3. The Order shall be deemed to be accepted by us upon the earlier of the following:

3.3.1. our issuing to you a written acceptance of the Order, or

3.3.2. commencement of provision of the supply of Products or Services to you at which point the Contract shall come into existence.

3.4. You waive any right you might otherwise have to rely on any term endorsed upon, delivered with or contained in any of your documents that is inconsistent with these Conditions.

3.5. A quotation for the Products and/or Services given by us shall not constitute an offer. A quotation shall only be valid for a period of [21] Business Days from its date of issue.

4.Our Obligations to You

4.1. Subject to clause 4.5,

4.1.1. we will supply the Services to you in accordance with reasonable care and skill and in

accordance with good industry practice in place at the time of performing the Services.

4.1.2. we will use reasonable endeavours to supply the Services to you in accordance with the timescales:

4.1.2.1. set out in the Order and/or Proposal to which such Services relate; or

4.1.2.2. as otherwise agreed between the Parties in writing, specifically in accordance with any agreed risk management policy provided that time of performance of the Services will not be of the essence of the Contract.

4.2. Subject to clause 4.5,

4.2.1. we will deliver the Deliverables to you in accordance with the requirements set out in Services Specifications.

4.2.2. we will use reasonable endeavours to deliver the Deliverables in accordance with the timescales:

4.2.2.1. set out in the Order and/or Proposal to which such Services relate; or

4.2.2.2. as otherwise agreed between the Parties in writing, provided that time of delivery of the Deliverables will not be of the essence of the Contract.

4.3. Title to Deliverables will remain with us at all times.

4.4. Risk in each Deliverable will pass to you upon delivery of that Deliverable to you.

4.5. Without prejudice to clause 6, if we fail to perform any of our obligations to the standards required

by, or by the relevant date for performance:

4.5.1. set out in the Contract; or

4.5.2. as otherwise agreed between the Parties in writing, then the date for performance by us of any obligations which relate to and/or are dependent on such performance by you will be extended by the period which we reasonably require in order to manage the impact of your defect or delay in performance.

4.6. We reserve the right, as determined in our sole discretion, to make any improvement, substitution or modification in the specification of any element or part of the Services at any time to the extent that such improvement, substitution or modification:

4.6.1. will not have a material detrimental impact on the Services; or

4.6.2. is necessary to comply with any Applicable Law or health and safety requirements.

5.Your Obligations to Us

5.1. You agree that you shall:

5.1.1. perform all of your obligations under the Contract;

5.1.2. promptly provide us, on request, with all co-operation, information, assistance, materials and resources that we may reasonably require from time to time in connection with the supply of the Products and/or Services and the performance of our obligations under the Contract;

5.1.3. provide all necessary access to Consumption Data, the Premises and relevant facilities and personnel to enable us to comply with its obligations under the Contract;

5.1.4. take all necessary precautions to protect the health and safety and security of our personnel whilst they are at the Premises;

5.1.5. provide us with such access to data as is we consider necessary to enable us to perform our obligations under the Contract;

5.1.6. obtain and maintain in force all licences, permissions, authorisations, consents and permits needed by you in order for you to receive the Services and/or to enable us to perform the Services and our other obligations under the Contract;

5.1.7. ensure that all information which you provide to us is accurate, adequate and complete and we shall be entitled to rely on the accuracy of the information provided;

5.1.8. immediately inform us if there is any change in the Premises, circumstances and/or business, which may affect the provision of the Services and we should be entitled to rely on the accuracy of the information provided; and

5.1.9. comply with all Applicable Law, including the provisions of the Bribery Act 2010 and the Modern Slavery Act 2015.

5.2. You acknowledge that you are solely responsible for:

5.2.1. understanding the regulatory requirements applicable to your business and for using the Products and Services in a manner that complies with those requirements; and

5.2.2. ensuring that you possess and maintain appropriate software and hardware to use the Services.

6.Customer Default If the performance of any of our obligations under the Contract is prevented or delayed by any of your acts or omissions, including any breach of the terms and conditions of the

Contract (“Customer Default”):

6.1. we shall, without limiting our other rights or remedies, have the right to suspend delivery of Products and/or the performance of Services until you remedy such Customer Default;

6.2. we shall not be liable to you for any costs or losses sustained or incurred by you arising directly or indirectly from our failure or delay in performing any of our obligations under the Contract; and

6.3. you shall reimburse us on demand for any costs or losses sustained or incurred by us arising directly or indirectly from such Customer Default.

7.Customer Data and Data Protection

7.1. In relation to Customer Data:

7.1.1. you will either own the Customer Data or have sufficient rights to use such Customer Data for the purposes of the Contract, and are responsible for the accuracy and content of such data;

7.1.2. you hereby grant us a perpetual royalty-free licence to use such Customer Data for the following purposes:

7.1.2.1. the provision of the Products and Services under the Contract;

7.1.2.2. analysis and review of Consumption Data as part of our normal business practices; and

7.1.2.3. for such other purposes as are necessary in relation to our business objects.

7.1.3. you warrant that the Customer Data is accurate and complete.

7.2. The Parties agree that, in respect of any Personal Data, you are the Data Controller and we are the Data Processor.

7.3. You will comply with your obligations under Data Protection Legislation in respect of Personal Data.

7.4. We will:

7.4.1. take appropriate technical and organisational measures against unauthorised or unlawful processing of, and accidental loss or destruction of, or damage to, Personal Data, having regard to the state of technological development and the cost of implementing any measures, to ensure a level of security appropriate to the harm that might result from such unauthorised or unlawful processing, accidental loss, destruction or damage and the nature of the Personal Data;

7.4.2. only process Personal Data for the purpose of performing our obligations under the Contract and in accordance with your lawful instructions (provided such instructions are in accordance with the DPA); and

7.4.3. take reasonable steps to ensure the reliability of our employees who have access to the Personal Data.

7.5. You warrant to us that you have all necessary rights to permit us to process Personal Data in accordance with the Contract.

7.6. You will indemnify us against all Recoverable Liabilities arising out of or in connection with any breach by you of your warranty at clause 7.5.

7.7. We reserve the right to carry out such credit and identity checks on all our customers, as we, or a third party in our absolute discretion deem necessary. Consequently, you agree that we may check your details on any database (public or private), that we may use for the purpose of assisting other companies with such checks and may keep records of all such searches.

8.Charges and Payment

8.1. Unless specified otherwise in the Additional Ts & Cs, you will pay us the Charges in accordance with this clause 8.

8.2. Any sum payable under the Contract is exclusive of VAT (and any other similar or equivalent taxes, duties, fees and levies imposed from time to time by any government or other authority) which will be payable in addition to that sum in the manner and at the rate prescribed by

Applicable Law from time to time.

8.3. We will be entitled to vary the Charges at any time by giving written notice to you to reflect any variation in the cost of supplying the Products and/or Services which arise as a consequence of any change in Applicable Law, any variation in your requirements for the Products and/or Services and/or any information provided by you being inaccurate or incomplete.

8.4. We will be entitled to invoice you:

8.4.1. for the Product Fee, following Delivery of the Products; and

8.4.2. for the Services Fee following performance of the Services, save where performance extends over one month, and in which case we shall issue monthly invoices for Services performed during the previous month.

8.5. Unless otherwise expressly agreed with you in writing or as set out in the Proposal, each invoice will be payable by you within 30 days following the date on which the invoice is issued.

All payments will be made in pounds sterling in cleared funds by cheque or electronic bank transfer to such bank account as we may nominate from time to time, and cash is not acceptable as a method of payment.

8.6. Time will be of the essence in respect of the timescales for payment of invoices set out in clause 8.5.

8.7. Not with standing any purported contrary appropriation by you, we will be entitled, by giving written notice to you, to appropriate any payment by you to any invoice issued by us.

8.8. If any sum payable under the Contract is not paid on or before the due date, we will be entitled to charge you interest on that sum at 8% per annum above the base lending rate from time to time of the Bank of England from the due date until the date of payment (whether before or after judgment), such interest to accrue on a daily basis.

8.9. Notwithstanding clause 8.8, we may, at our sole discretion and as an alternative to clause

8.8, claim interest under the Late Payment of Commercial Debts (Interest) Act 1998.

8.10. If you fail to make any payment due to us under the Contract, we will be entitled to withhold further deliveries of Products and to suspend provision of any Services until payment of all overdue sums has been made.

8.11. Save as otherwise expressly provided in the Contract or required by Applicable Law, all payments to be made by you to us under the Contract will be made in full and without any setoff or any deduction or withholding including on account of any counter-claim.

9.Confidentiality.

9.1. Each party undertakes that it shall not at any time disclose to any person any confidential information concerning the business, affairs, customers, clients or suppliers of the other party or of any Affiliate, except as permitted by clause 9.2.

9.2. Each party may disclose the other party’s confidential information:

9.2.1. to its employees, officers, representatives or advisers who need to know such information for the purposes of exercising the party’s rights or carrying out its obligations under or in connection with this agreement. Each party shall ensure that its employees, officers, representatives or advisers to whom it discloses the other party’s confidential information comply with this clause 9;

9.2.2. as may be required by law, a court of competent jurisdiction or any governmental or regulatory authority; and

9.2.3. is required to be disclosed in compliance with the UK Corporate Governance Code (if listed on any UK stock exchange), by the regulations of any stock exchange on which the securities are listed or by any clearing house in connection with any issue of securities.

9.3. No party shall use any other party’s confidential information for any purpose other than to exercise its rights and perform its obligations under or in connection with this agreement.

9.4. Nothing within this Contract shall require us to return or destroy confidential information or copies that we are required to retain by applicable law, professional record keeping obligations, or to satisfy the rules or regulations of a regulatory body or stock exchange to which such person is subject, or which has been created pursuant to automatic IT back-up or internal disaster recovery procedures, or which is contained in our board minutes or investment committee papers.

10.Warrant

10.1. Subject to clause 11.1, all warranties, conditions and other terms implied by Applicable Law (whether by statute, common law or otherwise) are excluded from the Contract.

10.2. Notwithstanding any other term of the Contract, we will not be in breach of the Contract and, subject to clause 11.1, will have no Liability to you, to the extent our failure to perform or delay or defect in performance of our obligations under the Contract arises as a result of:

10.2.1. any failure by you to comply with the terms and conditions of the Contract;

10.2.2. our reliance on any incomplete or inaccurate data provided by you or a third party;

10.2.3. our compliance with any instruction or request by you or one of its employees; or

10.2.4. any circumstances beyond our control including but not limited to the following:

10.2.4.1. any delay or failure attributable to third parties;

10.2.4.2. any failure of hardware or software belonging to you or any third party;

10.2.4.3. any damage caused to hardware or software as a result of your negligence or misuse.

10.3. Where we do have to investigate any defect reported by you, if such defect is as a result of any of the circumstances listed above at clause 10.2, we reserve our position to charge you our reasonable costs arising out of our investigation of the reported defects.

11.Exclusions and Limitations of Liability

Your attention is particularly drawn to this clause.

11.1. Nothing in the Contract will operate to limit or exclude our Liability for:

11.1.1. death or personal injury caused by its negligence, or the negligence of a person for whom it is vicariously liable (negligence being as defined in Section 1(1) Unfair Contract Terms Act 1977);

11.1.2. fraud or fraudulent misrepresentation or fraud or fraudulent misrepresentation by a person for whom it is vicariously liable;

11.1.3. breach of its obligations under Section 12 Sale of Goods Act 1979;

11.1.4. breach of its obligations arising under Section 2 Supply of Products and Services Act 1982; or

11.1.5. any other matter for which it is not permitted by law to exclude or limit, or to attempt to exclude or limit, its liability.

11.2. Subject to clause 11.1, we will have no Liability to you, for any:

11.2.1. loss of profit (whether direct, indirect or consequential);

11.2.2. loss of goodwill, loss of reputation of loss of opportunity (in each case whether direct, indirect or consequential);

11.2.3. loss of revenue, loss of production or loss of business (in each case whether direct, indirect or consequential);

11.2.4. loss of anticipated savings or loss of margin (in each case whether direct, indirect or consequential);

11.2.5. loss of use or value of any data or software (whether direct, indirect or consequential);

11.2.6. loss or damage arising out of any failure by you to keep full and up to date security copies of any computer program and data held or used on behalf of you (whether direct, indirect or consequential);

11.2.7. wasted management, operational or other time (whether direct indirect or consequential);

11.2.8. liability of you to third parties (whether direct, indirect or consequential); and

11.2.9. special, indirect or consequential loss or damage.

11.3. Subject to clauses 10, 11.1 and 11.2, and any express provisions set out in the Supplement Terms, our total Liability to you arising out of or in connection with the Contract or otherwise between the parties from Events which occur in any one Year will be limited to the total Charges paid by you to us for Products and Services supplied to you in that Year.

11.4. Nothing in this clause 11 will prevent or restrict the right of a Party to seek injunctive relief or specific performance or other discretionary remedies of the court.

11.5. The exclusions from, and limitations of, liability set out in this clause 11 will be considered severally.

12.Termination of the Contract

12.1. If you commit a material breach of the Contract:

12.1.1. which cannot be remedied; or

12.1.2. which can be remedied but is not remedied within 14 days of receipt of written notice from us setting out the breach and requiring you to remedy the breach, we may terminate the Contract immediately by giving written notice to that effect to you.

12.2. We may also terminate the Contract immediately, by giving written notice to you if you:

12.2.1. fail to make any payment due to us under the Contract within 30 days of the due date for payment of the same (provided that such sum is not the subject of a bona fide dispute);

12.2.2. become Insolvent; or

12.2.3. undergo a Change in Control

12.3. On termination of the Contract for any reason you shall immediately pay to us all our outstanding unpaid invoices and interest.

12.4. Termination of the Contract shall not affect any of the parties’ rights and remedies that have accrued as at termination, including the right to claim damages in respect of any breach of this Contract that existed at or before the date of termination.

12.5. Any provision of the Contract that expressly or by implication is intended to come into or continue in force on or after termination shall remain in full force and effect.

12.6. If the Contract is terminated in accordance with clause 12 all Services which have not been fully performed and Products which have not been fully supplied as at the Termination Date will be deemed to be cancelled without us incurring any Liability to you. You will reimburse to us all costs and expenses incurred by us in furtherance of its obligations under the Contract prior to the date of deemed cancellation.

12.7. Our rights under this clause 12 are in addition to and separate from our rights of suspension under clause 6.1 above.

13.Force Majeure

13.1. Neither party shall be in breach of this Contract nor liable for delay in performing, or failure to perform, any of its obligations under this Contract if such delay or failure result from a Force Majeure Event. If the period of delay or non-performance continues for six months, the party not affected may terminate this Contract by giving 12 weeks written notice to the affected party.

13.2. If we are affected by the Force Majeure Event you will continue to pay our invoices in accordance with clause 8 in respect of any Products and Services which we continue to supply notwithstanding the occurrence of the Force Majeure Event.

14.Intellectual Property Rights

14.1. With effect from the date on which the relevant Deliverable is supplied to you, we grant to you a non-exclusive licence to use the Intellectual Property Rights in that Deliverable solely to the extent necessary to use that Deliverable for its intended purpose. You may not assign or sub-licence the rights granted to you by us under this clause 14.

14.2. You grant to us a non-exclusive, royalty-free licence to use your Intellectual Property Rights to the extent required for the purpose of the supply of the Services and the performance of our other obligations under the Contract. We may grant a sub-licence of this licence to any sub-contractor appointed by us in connection with the Contract.

14.3. Save as otherwise expressly provided in this clause 14, you acknowledge and agree that all Intellectual Property Rights in the Deliverables shall belong to us and nothing in the Contract will

operate to transfer to you, or to grant to you any licence or other right to use, any of our Intellectual Property Rights.

14.4. You warrant to that you have all necessary rights, consents and/or licences necessary to grant us the rights set out in clause 14.2

15.Assignment and Sub-Contracting

15.1. We will be entitled to assign, transfer, charge, hold on trust for any person and deal in any other manner with any of our rights under the Contract.

15.2. You will not be entitled to assign, transfer, charge, hold on trust for any person or deal in any other manner with any of your rights under the Contract.

15.3. We will be entitled to sub-contract any of our obligations under the Contract.

15.4. You will not be entitled to sub-contract any of your obligations under the Contract.

16.Entire Agreement

16.1. The Contract constitutes the entire agreement between the Parties and supersedes any prior agreement or arrangement in respect of its subject matter and:

16.1.1. you have not entered into the Contract in reliance upon, and will have no remedy in respect of, any misrepresentation, representation or statement (whether made by us or any other person and whether made to you or any other person) which is

not expressly set out in the Contract;

16.1.2. the only remedies available to you for any misrepresentation or breach of any representation or statement which was made prior to entry into the Contract and which is expressly set out in the Contract will be for breach of contract; and 16.1.3. nothing in this clause 16 will be interpreted or construed as limiting or excluding

the liability of any person for fraud or fraudulent misrepresentation.

17.Notices.

17.1. Any notice or other communication given to a party under or in connection with the Contract shall be in writing, addressed to that party at its registered office (if it is a company) or its principal place of business (in any other case) or such other address as that party may have specified to the other party in writing in accordance with this clause, and shall be delivered personally, sent by pre-paid first class post or other next working day delivery service, commercial courier. A notice or other communication shall be deemed to have been received: if delivered personally, when left at the address referred to in clause 17.1; if sent by pre-paid first class post or other next working day delivery service, at 9.00 am on the second Business Day after posting; if delivered by commercial courier, on the date and at the time that the courier’s delivery receipt is signed

17.2. The provisions of this clause shall not apply to the service of any proceedings or other documents in any legal action.

18.General

18.1. Any delay by us in exercising or failing to exercise a right or remedy available to us under or in connection with the Contract will not constitute a waiver of, or prevent or restrict future exercise of, that or any other right or remedy, nor will the single or partial exercise of a right or remedy prevent or restrict the further exercise of that or any other right or remedy. A waiver of any right, remedy, breach or default by us will only be valid if it is in writing and addressed to you, and only in the circumstances and for the purpose for which it was given and will not constitute a waiver of any other right, remedy, breach or default.

18.2. Each Party agrees that it is an independent contractor and is entering into the Contract as principal and not as agent for or for the benefit of any other person.

18.3. The Parties do not intend that any term of the Contract will be enforceable under the Contracts (Rights of Third Parties) Act 1999 by any person.

18.4. The Parties may vary or rescind the Contract without the consent of our employees, agents and sub-contractors.

18.5. Save as expressly provided otherwise, nothing in the Contract and no action taken by the Parties in connection with it or them will create a partnership or joint venture between the Parties or give either Party authority to act as the agent of or in the name of or on behalf of the other Party or to bind the other Party or to hold itself out as being entitled to do so.

18.6. Save as otherwise expressly provided in the Contract no variation to the Contract will be effective unless it is in writing and signed by a duly authorised representative on behalf of each

of the Parties.

18.7. If a court or any other competent authority finds that any provision of the Contract (or part of any provision) is invalid, illegal or unenforceable, that provision or part-provision shall, to the extent required, be deemed deleted, and the validity and enforceability of the other provisions of the Contract shall not be affected.

18.8. The invalidity or unenforceability of any provision of the Contract will not affect the validity or enforceability of any other provision and will be considered severable from each other.

18.9. Our rights and remedies set out in the Contract are in addition to and not exclusive of any rights and remedies provided by law.

19.GOVERNING LAW AND JURISDICTION

19.1. The Contract and any non-contractual obligations arising out of or in connection with them will be governed by the law of England and Wales.

19.2. Subject to clause 19.3, the courts of England and Wales have exclusive jurisdiction to determine any dispute arising out of or in connection with the Contract (including in relation to any non-contractual obligations).

19.3. Any Party may seek specific performance, interim or final injunctive relief or any other relief of similar nature or effect in any court of competent jurisdiction.

Supplemental Terms

Part 1 – Procurement Services

1. Definitions

In this Part 1 of the Additional Ts & Cs, in addition to any terms defined in the Standard Terms & Conditions, the following words and expressions have the following meanings unless the context otherwise expressly

requires:

“Letter of Authority” the letter of authority signed by you granting us the right to share and obtain Consumption Data from your Utility Provider and to otherwise engage with such Utility Provider on your

behalf in connection with the Services;

“Procurement Fee” the sum payable to us by the Utility Provider as a result of you entering into the Utility Contract;

“Utility Contract” the agreement to be entered into by you with the Utility Provider you select as a result of our Procurement Services for the supply to you of the Utility Services set out in such Utility Contract, and on such terms as are agreed between you and such Utility Provider;

“Utility Provider” any supplier to you from time to time of Utility Services, either introduced to you by us, or otherwise involved in the supply of Utility Services to you and which are relevant to the Services

supplied by us to you;

“Utility Services” the supply of Utilities for consumption;

“Standing Charge” is the cost of having a gas and electricity supply from the “Utility Provider”;

“Unit Rate” is the rate charged by the “Utility Provider” for each unit of energy consumed;

“Uplift” a fee applied to the “Base Unit Rate”;

1. Procurement Services

2.1. You are purchasing from us the Procurement Services on an exclusive basis and accordingly you will not, at any time during the Term, obtain services in the nature of the Procurement Services from any person other than us.

2.2. The Procurement Services to be provided by us shall be as set out in our Proposal which may include any or all the following:

2.2.1. obtaining Consumption Data on your behalf

2.2.2. review of the Consumption Data;

2.2.3. identification of potential suppliers of Utilities based on your consumption portfolio;

2.2.4. engagement with Utility Suppliers and conduct of tendering procedures, provision of information and management reporting to your internal procurement function regarding the proposed Utility Suppliers;

2.2.5. supporting your procurement team in the negotiation of Utility Contracts;

2.2.6. provision of price trackers showing historic trends in Utility prices;

2.2.7. review of MOP and DC arrangements;

2.2.8. review of security requirements

2.3. To facilitate the provision of the Procurement Services by us you shall provide us with a signed Letter of Authority granting us the exclusive right to enter into discussions with Utility Providers regarding the provision of Utility Services to you (as further detailed in the Letter of Authority);

2.4. You acknowledge and agree that:

2.4.1. we are not acting as your agent in respect of the purchase of Utilities from any Utility Supplier;

2.4.2. we are not responsible for, and will have no Liability to you in respect of, or in connection with, the provision of any Utility Services to you;

2.4.3. it is your responsibility to review and to satisfy yourself as to the terms of any Utility Contract;

2.4.4. The Utility supplier, at any point through the procurement stage, may consult a credit vetting agency and conduct a credit check on you or your business. The terms and conditions of any proposed contract will be subject to successfully passing a credit check. The supplier will carry out a credit check on your business and may not accept the contract if it does not meet their conditions.

2.4.5. we make no representation nor give any advice on the terms of any Utility Contract. We accept no Liability to you in respect to such Utility Contract.

2.4.6. any pricing or other information provided by us to you in connection with the provision of Utility Services:

2.4.6.1. is indicative only;

2.4.6.2. does not constitute an offer by us or any Utility Provider to supply Utility Services to you; and

2.4.6.3. is subject to you entering into a valid and binding Utility Contract, to which we shall not be a party.

2.4.7. we may supply to any Utility Provider any information, data or document which we receive from you;

2.4.8. any information you provide to us in respect of your historic consumption of Utilities shall be accurate and complete in all respects, and you shall indemnify us in respect of any failure by you to provide such information.

2.4.9. we make no representation nor give any advice on the terms of any Utility Contract. We accept no Liability to you in respect to such Utility Contract.

2.4.9. any pricing or other information provided by us to you in connection with the provision of Utility Services:

2.4.9.1. is indicative only;

2.4.9.2. does not constitute an offer by us or any Utility Provider to supply Utility Services to you; and

2.4.9.3. is subject to you entering into a valid and binding Utility Contract, to which we shall not be a party.

2.4.9.4. we may supply to any Utility Provider any information, data or document which we receive from you;

2.4.7.5. any information you provide to us in respect of your historic consumption of Utilities shall be accurate and complete in all respects, and you shall indemnify us in respect of any failure by you to provide such information.

1. Payment for Procurement Services

3.1. Unless otherwise expressly agreed in writing between us, in consideration for the provision of the Procurement Services we will be paid the Procurement Fee by the Utility Provider with whom you enter into a Utility Contract, with the payment made by any of the below channels;

YOUR ATTENTION IS PARTICULARLY DRAWN TO THIS CLAUSE

3.1.2. Shared savings model;

3.1.3. An uplift applied directly to your unit rate OR Standing charge by either;

3.1.3.1. Applying the uplift on top of the unit rate provided by the Utility Provider or;

3.1.3.2. Applying the uplift into the base rate provided by the Utility Provider;

3.1.4. A percentage of the overall contract cost;

3.1.5. A flat fee for placement of an individual Utility Contract;

3.1.6. An uplift to any site works carried out at your premises;

3.2. You agree to provide us with such information as we reasonably request in order to verify the cost and status of your Utility Contract and shall provide us with a copy of such Utility Provider invoices and Utility Contract on request.

3.3. You agree that you shall not commit any act or omission which has the object or effect of preventing our ability to receive a payment from the Utility Provider under clause 3.1.

1. Liability

4.1. Subject to clauses 10, 11.1 and 11.2, of the Standard Terms & Conditions, our total Liability to you in connection with the provision of Procurement Services will be limited to the Procurement Fee received by us from the Utility Provider in respect of the Utility Contract entered by you.

4.2. You will indemnify us in respect of any costs, claims, damages or losses incurred by us, if following your execution of the Utility Contract, at any time during the duration of the Utility Contract, including after the termination of expiry of the Contract, you commit any act or omission which results in the Utility Provider seeking recovery of all or part of the Procurement Fee from us and in particular any claim(s) made by yourself relating to the fee received by us,

from the Utility Provider as set out in clause 3.1, of the Additional Ts & Cs part 1.

4.3. Subject to clause 3.1, of the Additional Ts & Cs part 1, you will not bring claim against us,

at any time during the duration of the Utility Contract, including after the termination of expiry of the Contract, in relation to the payment received following execution of the Utility contract, if payment is made by any of the methods set out in clause 3.1, of the Additional Ts & Cs part 1.

Additional Ts & Cs Part 2 – Consultancy Services

1. Definitions

In this Part 2 of the Additional Ts & Cs, in addition to any terms defined in the Standard Terms & Conditions, the

following words and expressions have the following meanings unless the context otherwise expressly

requires:

“Consultancy Services Charges” has the meaning given in paragraph 7.2 of this Part 2 of the Additional Ts & Cs;

“Consultancy Services Fees” the fees payable by you in respect of the provision of Consultancy Services by us as set out in the Proposal or such other document or contract agreed between us;

“Cost Savings” the relative reduction to you in the cost of the relevant item over the period set out in the Proposal or such other document or contract agreed between us

“Share of Savings Element” the proportion of any Cost Savings to be paid to us, as set out in the Proposal;

“Share of Savings Calculation” the calculation set out in the Proposal identifying a Share of Savings Element to be paid to us;

1. Consultancy Services

6.1. In consideration of payment of the Consultancy Services Fees, we shall provide you with the Consultancy Services.

6.2. The Consultancy Services to be provided by us shall be as set out in our Proposal which may include any or all the following:

6.2.1. Utilities budget analysis and support;

6.2.2. provision of market intelligence in relation to the Utilities supply market;

6.2.3. energy management support, including quarterly analysis of Consumption Data for your sites;

6.2.4. retrospective bill validation, including analysis of invoices received by you from your historic Utility Suppliers;

6.2.5. electricity capacity analysis; and such other consultancy services as may be set out in the Proposal to which the Contract relates.

1. Payment of the Consultancy Services Charges

7.1. In consideration of the provision of Consultancy Services, you agree to pay us the Consultancy Services Charges.

7.2. The Consultancy Services Charges shall comprise the following elements:

7.2.1. the Consultancy Services Fee; and

7.2.2. the Share of Savings Element (if any)

7.3. Upon signature of the Contract we shall be entitled to invoice you in respect of the Consultancy Services Fee.

7.4. Where the Consultancy Services Charges contains a Share of Savings Calculation, you agree that we shall be entitled to invoice you in respect of the Share of Savings Element at a fixed point in time as agreed between us.

7.5. You agree to provide us with such information as we reasonably require regarding your Consumption Data, your historic and future business activities, and your arrangements with Utility Suppliers to enable us to provide the Consultancy Services to the best of our ability.

7.6. You agree that you shall not commit any act or omission which has the object or effect of preventing or reducing our ability to provide you with any savings in the cost of Utilities that we may need to provide in order to receive the Share of Savings Element.

7.7. We may, at our sole discretion, agree to withhold charges that would otherwise be payable in respect to Consultancy Services subject to you entering into a Utility Contract promptly following our supply of the Procurement Services and in respect of which we are paid a Procurement Fee by the Utility Provider with whom you enter into a Utility Contract.

7.8. If you fail to enter into a Utility Contract with a Utility Provider in accordance with clause 7.7

the relevant withheld charges shall become payable.

1. Liability

8.1. Subject to clauses 10, 11.1 and 11.2, of the Standard Terms & Conditions, our total Liability to you in connection with the provision of Consultancy Services will be limited to the Consultancy Services

Fee payable by you under the Contract Proposal which may include any or all of the following:

6.2.1. Utilities budget analysis and support;

6.2.2. provision of market intelligence in relation to the Utilities supply market;

6.2.3. energy management support, including quarterly analysis of Consumption Data for your sites;

6.2.4. retrospective bill validation, including analysis of invoices received by you from your historic Utility Suppliers;

6.2.5. electricity capacity analysis; and such other consultancy services as may be set out in the Proposal to which the Contract relates.

1. Payment of the Consultancy Services Charges

7.1. In consideration of the provision of Consultancy Services, you agree to pay us the Consultancy Services Charges.

7.2. The Consultancy Services Charges shall comprise the following elements:

7.2.1. the Consultancy Services Fee; and

7.2.2. the Share of Savings Element (if any)

7.3. Upon signature of the Contract we shall be entitled to invoice you in respect of the Consultancy Services Fee.

7.4. Where the Consultancy Services Charges contains a Share of Savings Calculation, you agree that we shall be entitled to invoice you in respect of the Share of Savings Element at a fixed point in time as agreed between us.

7.5. You agree to provide us with such information as we reasonably require regarding your Consumption Data, your historic and future business activities, and your arrangements with Utility Suppliers to enable us to provide the Consultancy Services to the best of our ability.

7.6. You agree that you shall not commit any act or omission which has the object or effect of preventing or reducing our ability to provide you with any savings in the cost of Utilities that we may need to provide in order to receive the Share of Savings Element.

7.7. We may, at our sole discretion, agree to withhold charges that would otherwise be payable in respect to Consultancy Services subject to you entering into a Utility Contract promptly following our supply of the Procurement Services and in respect of which we are paid a Procurement Fee by the Utility Provider with whom you enter into a Utility Contract.

7.8. In the event that you fail to enter into a Utility Contract with a Utility Provider in accordance with clause 7.7 the relevant withheld charges shall become payable.

1. Liability

8.1. Subject to clauses 10, 11.1 and 11.2, of the Standard Terms & Conditions, our total Liability to you in connection with the provision of Consultancy Services will be limited to the Consultancy Services Fee payable by you under the Contract.

Privacy Policy Notice

The policy: This privacy policy notice is served by INFINITE ENERGY GROUP HOLDINGS LIMITED Company number 15489982

under the website; www.infiniteenergygroup.co.uk The purpose of this policy is to explain to you how we control, process, handle and protect your personal information through the business and while you browse or use this website. If you do not agree to the following policy you may wish to cease viewing/using this website, and or refrain from submitting your personal data to us.

Policy key definitions:

“I”, “our”, “us”, or “we” refer to the business, INFINITE ENERGY GROUP HOLDINGS LIMITED Holdings Ltd 7 Bell Yard, London, England, WC2A 2JR

“you”, “the user” refer to the person(s) using this website.

GDPR means General Data Protection Act.

PECR means Privacy & Electronic Communications Regulation.

ICO means Information Commissioner’s Office.

Cookies mean small files stored on a user’s computer or device.

Key principles of GDPR:

Our privacy policy embodies the following key principles;

(a) Lawfulness, fairness and transparency,

(b) Purpose limitation,

(c) Data minimisation,

(d) Accuracy,

(e) Storage limitation,

(f) Integrity and confidence,

(g) Accountability.

Processing of your personal data

Under the GDPR (General Data Protection Regulation) we control and / or process any personal information about you electronically using the following lawful bases.

We are exempt from registration in the ICO Data Protection Register because we are not responsible for deciding how the information is processed. Organisations that do not decide how personal data is processed are exempt.

We process your information in the following ways: Sole trader details may be obtained for credit vetting by a supplier, we will require such personal information, such as Date of Birth and

Home address. If a Direct Debit is required, sort code and account numbers will be processed by the chosen (Third Party) supplier, as referenced on Infinite Energy Group Holding’s Letter of Authority. This information is needed to ensure accuracy with billing and contract details as well as any necessary credit vetting checks completed by the supplier.

Data retention period: We will continue to process your information under this basis until you withdraw consent or it is determined your consent no longer exists.

Sharing your information: We do not share your information with third parties, other than the supplier you agreed a contract with.

If, as determined by us, the lawful basis upon which we process your personal information changes, we will notify you about the change and any new lawful basis to be used if required. We shall stop

processing your personal information if the lawful basis used is no longer relevant.

Your individual rights

Under the GDPR your rights are as follows. You can read more about https://ico.org.uk/fororganisations/

guide-to-data-protection/guide-to-the-general-data-protection-regulationgdpr/

individual-rights/

the right to be informed;

the right of access;

the right to rectification;

the right to erasure;

the right to restrict processing;

the right to data portability;

the right to object; and

the right not to be subject to automated decision-making including profiling.

You also have the right to complain to the ICO [www.ico.org.uk] if you feel there is a problem with the way we are handling your data.

We handle subject access requests in accordance with the GDPR.

Internet cookies

We use cookies on this website to provide you with a better user experience. We do this by placing a small text file on your device / computer hard drive to track how you use the website, to record or log whether you have seen particular messages that we display, to keep you logged into the website where applicable, to display relevant adverts or content, referred you to a third party website.

Some cookies are required to enjoy and use the full functionality of this website.

We use a cookie control system which allows you to accept the use of cookies, and control which cookies are saved to your device / computer. Some cookies will be saved for specific time periods,

where others may last indefinitely. Your web browser should provide you with the controls to manage and delete cookies from your device, please see your web browser options.

Data security and protection

We ensure the security of any personal information we hold by using secure data storage technologies and precise procedures in how we store, access and manage that information. Our methods meet the

GDPR compliance requirement.

Fair & Transparent Privacy Explained

We have provided some further explanations about user privacy and the way we use this website to help promote a transparent and honest user privacy methodology.

Sponsored links, affiliate tracking & commissions

In future, our website may contain adverts, sponsored and affiliate links on some pages. These will typically be served through advertising partners. We would only use trusted advertising partners who each have high standards of user privacy and security. However, we will not control the actual adverts seen / displayed by our advertising partners. Our ad partners may collect data and use cookies for ad personalisation and measurement. Where ad preferences are requested as ‘non-personalised’ cookies may still be used for frequency capping, aggregated ad reporting and to combat fraud and abuse.

Clicking on any adverts, sponsored or affiliate links may track your actions by using a cookie saved to your device. You can read more about cookies on this website above. Your actions are usually recorded as a referral from our website by this cookie. In most cases we earn a very small commission from the advertiser or advertising partner, at no cost to you, whether you make a purchase on their website or not.

We may be advertising partners in these ways to help generate an income from the website, which allows us to continue our work and provide you with the best overall experience and valued information.

If you have any concerns about this we suggest you do not click on any adverts, sponsored or affiliate links found throughout the website.

Email marketing messages & subscription

Under the GDPR we use the consent lawful basis for anyone subscribing to our newsletter or marketing mailing list. We only collect certain data about you, as detailed in the “Processing of your personal data” above. Any email marketing messages we send are done so through an EMS, email marketing service provider. An EMS is a third party service provider of software / applications that allows marketers to send out email marketing campaigns to a list of users.

Email marketing messages that we send may contain tracking beacons / tracked clickable links or similar server technologies in order to track subscriber activity within email marketing messages. Where used, such marketing messages may record a range of data such as; times, dates, I.P addresses, opens, clicks, forwards, geographic and demographic data. Such data, within its limitations will show the activity each subscriber made for that email campaign.