hookupparty.com 24 Month Minimum Lease Agreement
| 1 | Domain Name Subject to Lease | |
| hookupparty.com | ||
| 2 | Payment Terms | |
| The Lessee must make the first monthly payment before hookupparty.com Domain Name will be forwarded to the website of the Lessee. | ||
| 3 | Domain Registration | |
| The Lessor will remain responsible for the entire duration of the lease and must keep the registration current. The Lessor cannot be be held responsible for any actions or errors of the Registrar. | ||
| 4 | Insufficient Funds | |
| The Lessee will be charged 25% of the full monthly lease payment if due to insufficient funds | ||
| 5 | Lease Term | |
| The lease will begin on the date indicated above and will end 24 months from the date indicated above, unless otherwise terminated in a manner consistent with the specified terms. At the end of the Domain Name Lease Period the Lessee may chose to renew this lease for an additional 24 month period. | ||
| 6 | Appropriate Use of Domain Names | |
| The Domain Name may only be used for appropriate websites that fit with the name, and they must comply with all regulations, ordinances and laws regarding the possession or use of the Domain Name. hookupparty.com Domain Name must not be used for any sale of firearms, terrorism, send spam or any other questionable uses. | ||
| 7 | Domain Name Delivery | |
| The Lessor will be responsible for delivering hookupparty.com Domain Name indicated in the lease within a specified timeframe by means of pointing the DNS (Domain Name Servers) to the Lessee website and email server. Delivery of the hookupparty.com Domain will be considered complete after these changes have been finalised. The Lessor must complete the transfer within fourteen (14) days. If the Lessor is unable to complete the transfer for reasons beyond his/her control, the Lessor must extend the date of the lease by the period by the period of time the transfer has been delayed. |
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| 8 | Domain Name Activation | |
| The Lessee must activate the hookupparty.com Domain Name within fourteen (14) days from delivery with an appropriate website as defined by this Lease. | ||
| 9 | Alterations | |
| The Lessee must not make alterations to the hookupparty.com Domain Name without obtaining prior written consent from the Lessor | ||
| 10 | Website Maintenance | |
| The Lessee must pay to maintain an appropriate website that is open for business with at least 97% up time at the location of the hookupparty.com Domain Name | ||
| 11 | Right of Inspection | |
| The Lessor retains the right to inspect any of the websites located at the hookupparty.com Domain Name during normal business hours to ensure that an appriate website is used. | ||
| 12 | Return of Domain Names | |
| At the end of the lease term, the Lessor may choose to move the hookupparty.com Domain Name to another nameserver or Lessee at the Lessor's expense. | ||
| 13 | Renewal Option | |
| If the Lessee has paid in full once the lease expires, the Lessee may renew the lease for a further 24 months. After 24 months the Lessee will have first option to lease the hookupparty.com Domain Name at a renegotiated rate. | ||
| 14 | Purchase Option | |
| At the end of the lease term, the Lessee may choose to purchase the hookupparty.com Domain Name for a price negioated at the time of the request and as long as no leasing payments are outstanding. The Lessee must advise the Lessor of this option by providing written notice at lease ninety (90) days before the lease term ends. |
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| 15 | Acceptable Domain Name | |
| The Lessee will inspect the hookupparty.com Domain Name is delivered according to this lease. The Lessee must notify the Lessor immediately if any discrepancies exist between the hookupparty.com Domain Name recieved and those described in this lease. If the Lessee fails to provide written notice within fourteen (14) days after delivery of the hookupparty.com Domain Name, it is assumed the Lessee has accepted the specified hookupparty.com Domain Name. | ||
| 16 | Domain Name Ownership and Status | |
| hookupparty.com Domain Name is considered personal property, regardless of their attachment to other websites or property. The Lessor retains the title of the hookupparty.com Domain Name at all times, unless the Lessor agrees to sell the title. The Lessee must immediately advise the Lessor of any levy, lien, claim or legal process issued against the specified Domain Name. | ||
| 17 | Warranty | |
| The Lessor guarantees that the specified hookupparty.com Domain Name will be in good standing, free of any disputes or claims and registered in the Lessor's name. However, no further express or implied warranties exist. | ||
| 18 | Damage to Reputation | |
| The Lessee is responsible for any damage to the reputation of the hookupparty.com Domain Name, and agrees to return it to the Lessor in the same condition it was initially received, with the exception of normal usage. Any illegal use, spamming or unreliablity of operation or service of the hookupparty.com Domain Name are all examples of damage to reputation. | ||
| 19 | Indemnity of Damages to Reputation | |
| If a hookupparty.com Domain Name's reputation is damaged, the Lessor may require the Lessee to purchase the hookupparty.com Domain Name at a price multipled by 30 times the maximum price of the maximum lease period for the hookupparty.com Domain Name | ||
| 20 | Liability and Indemnity | |
| Other than trademark issues, the Lessee is responsible for any loss of reputation or any legal action, and the Lessee can not hold the Lessor responsible for such a liability | ||
| 21 | Default | |
Any of the following conditions constitues a lease default:
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| 22 | Default Rights | |
| The Lessor may legally take possession of the hookupparty.com Domain Name and deduct all recovery, restoration of reputation and associated costs without prior notice if the Lessee is in default. In this case, the Lessee will be repsonsible for any deficiency. These rights are cumulative. | ||
| 23 | Notice | |
| All notices associated with this lease are considered delivered when emailed, delivered in person or sent in a postage-prepaid envelope addressed indicated at the beginning of thos lease agreement. | ||
| 24 | Modification of Entire Agreement | |
| This lease represents the entire agreement between both parties. Any modifications or amendments must be submitted in writing and signed by both parties. This lease replaces all previous agreemenrts between both parties | ||
| 25 | Sign and Submit Agreement | |
| This Lease Document will be emailed the Lessee to Sign and have witnessed. | ||
hookupparty.com 24 Month Minimum Lease Agreement
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