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Terms of Service

Effective date: 22 May 2026

1. Acceptance of Terms

By accessing or using the TrustIPX platform ("Platform"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree, you must not use the Platform. These Terms form a binding agreement between you and TrustIPX ("we", "us", "our"), operated by Adviter Solutions.

We may update these Terms from time to time. Continued use of the Platform after any change constitutes acceptance of the revised Terms. We will display the effective date above whenever Terms are updated.

2. The TrustIPX Platform

TrustIPX is an online marketplace that facilitates the discovery, listing, and licensing of Indian intellectual property, primarily patents. We connect IP Owners, IP Buyers, IP Lawyers / Advisors, and IP Brokers.

TrustIPX is a platform intermediary only. We do not own, license, sell, or transfer any intellectual property ourselves. All transactions, agreements, and transfers of IP rights are made directly between the parties involved. We do not provide legal advice.

3. User Accounts and Registration

To list or express interest in patents, you must create an account with a valid email address. You are responsible for maintaining the confidentiality of your account credentials and for all activity that occurs under your account.

You must provide accurate, current, and complete information during registration and keep your profile up to date. You must be at least 18 years of age or the age of majority in your jurisdiction to use the Platform.

We reserve the right to suspend or terminate accounts that provide false information, violate these Terms, or engage in behaviour detrimental to other users or the Platform.

4. User Roles and Responsibilities

IP Owners are responsible for ensuring they hold valid title to any IP they list, that all listing information is accurate, and that they have authority to enter into any transaction arising from their listing.

IP Buyers are responsible for conducting their own due diligence before entering into any agreement. Expressing interest does not create any binding obligation unless a separate written agreement is signed.

IP Lawyers / Advisors and IP Brokers must clearly identify when they are acting in a professional or representative capacity. They are responsible for ensuring they hold any licences or qualifications required by applicable law.

5. Patent Listings and Content Standards

All patent listings are subject to review and approval by TrustIPX before they appear on the Platform. We reserve the right to reject, remove, or request amendments to any listing that we determine is inaccurate, misleading, incomplete, or in violation of applicable law.

You must not list patents that you do not own or have authority to deal with, patents that are expired without clearly marking them as such, or any content that is false, deceptive, or infringes a third party's rights.

Any document submitted as proof of ownership is used solely for internal verification purposes and is not visible to buyers or other users.

6. Buyer and Interest Flow

Guests may browse patent listings in teaser mode. To view full details and express interest, registration and email confirmation are required.

Expressing interest in a patent sends a notification to the patent owner and indicates your wish to learn more or enter into discussions. It does not constitute an offer, acceptance, or binding agreement of any kind.

Any resulting transaction must be formalised through a separate written agreement between the parties, independently or with the assistance of legal counsel.

7. Platform Commission and Fees

TrustIPX facilitates introductions between IP Owners and potential buyers, licensees, or advisors. In consideration of these introductions, the following commission terms apply:

Commission rate: A commission of between 5% and 10% of the total transaction value (inclusive of licensing fees, sale price, and any milestone payments) is payable to TrustIPX on any deal that is concluded between parties who were introduced through the Platform.

Introduction window: This commission applies to any transaction that closes within 24 months of the date of introduction through the Platform, whether or not the transaction is concluded on the Platform itself, through direct communication, or through a third party.

Reporting obligation: Both IP Owners and Buyers have an obligation to report any closed transaction to TrustIPX within 30 days of the deal closing. Failure to report may result in the suspension of your account and pursuit of the applicable commission through legal means.

The exact commission rate within the 5–10% range will be determined by TrustIPX based on deal complexity and is communicated to the relevant parties in writing before or at the time of deal closure reporting.

Current listing and account features are provided free of charge during the beta period. We reserve the right to introduce listing fees or subscription plans with reasonable prior notice.

8. Intellectual Property Rights

All content on the Platform created by TrustIPX, including design, copy, code, logos, and trademarks, is the property of TrustIPX or its licensors and may not be reproduced without our written consent.

By submitting a patent listing or any content to the Platform, you grant TrustIPX a non-exclusive, royalty-free licence to display and use that content for the purposes of operating the Platform. You retain ownership of your IP and all rights not expressly granted here.

9. Prohibited Activities

You must not use the Platform to:

  • List, sell, or transfer patents that you do not own or lack authority to deal with
  • Engage in fraud, misrepresentation, or deceptive practices
  • Circumvent or attempt to circumvent Platform commissions by conducting transactions off-platform after an introduction
  • Harass, threaten, or harm other users
  • Scrape, crawl, or harvest data from the Platform without our consent
  • Upload malicious code or attempt to gain unauthorised access to Platform systems
  • Violate any applicable Indian or international law

10. Disclaimers and Warranties

The Platform is provided "as is" and "as available" without warranties of any kind, either express or implied. We do not warrant that the Platform will be uninterrupted, error-free, or free of viruses.

We do not verify the validity, enforceability, or ownership of any patent listed on the Platform. Users are solely responsible for conducting their own legal and technical due diligence before entering into any transaction.

Nothing on the Platform constitutes legal, financial, or investment advice. Always consult a qualified IP lawyer before entering into any IP transaction.

11. Limitation of Liability

To the maximum extent permitted by applicable law, TrustIPX, its directors, employees, and affiliates shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising from your use of the Platform or any transaction between users.

Our total aggregate liability to you for any claim arising from these Terms or your use of the Platform shall not exceed the amounts (if any) paid by you to us in the three months preceding the claim.

12. Governing Law and Disputes

These Terms are governed by the laws of India. Any dispute arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts of Mumbai, Maharashtra.

Before initiating legal proceedings, parties agree to attempt resolution through good-faith negotiation for a period of 30 days from the date of written notice of the dispute.

If you have any questions about these Terms, contact us at legal@trustipx.com.

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