TERMS AND CONDITIONS

PLEASE READ THIS AGREEMENT CAREFULLY BEFORE USING BUSREX.COM. BY ACCESSING THE WEBSITE, YOU AGREE TO BE BOUND BY THE TERMS AND CONDITIONS BELOW. IF YOU DO NOT WISH TO BE BOUND BY THESE TERMS AND CONDITIONS, YOU SHOULD NOT ACCESS OR USE THIS SITE. WHEN YOU USE THIS SITE YOU ACKNOWLEDGE THAT YOU HAVE READ THE TERMS OF USE AND THAT YOU ACCEPT AND WILL BE BOUND BY THE TERMS HEREOF AND SUCH TERMS AS MAY BE MODIFIED FROM TIME TO TIME.

Busrex.com has presented information of commercial importance to its customers as part of its service obligations. The information on this site is of business and commercial relevance, but is not binding in nature Any unauthorized downloading and distribution of any copyrighted material from this site or sites linked to us, without the copyright owner's permission, is strictly prohibited.

We do not warrant that the access to the website or the service will be uninterrupted or error free or that any information, software or other material available on or accessible through the website is free of viruses, worms, Trojan horses or other harmful components.

Under no circumstances shall Busrex.com, its employees, promoters or its associates be liable for any direct, indirect, incidental, special, punitive or consequential damages that result in any way from your use of or inability to use the website or your reliance on or use of information, services or merchandise provided on or accessible through the website, or that result from mistakes, omissions, interruptions, deletion of files, errors, defects, delays in operation, or transmission, or any failure of performance.

You agree to defend, indemnify and hold Busrex.com and its employees, promoters, associates, partners, etc harmless from any and all liabilities, costs and expenses, including legal charges and fees, related to any violation of these terms and conditions by you.

You agree not to mislead others, operate or utilize a website or email link to websites that contain or promote any type of content that are likely to be construed libelous, defamatory, obscene, pornographic,abusive, violent, bigoted, hate-oriented, illegal, cracking, hacking or that offer any illegal good or service, or link to a website(s) that does so and/or engage in spamming, indiscriminate advertising or unsolicited commercial email or engage in cyber-squatting or typo-squatting.

You may make a single copy of the contents displayed on the Busrex.com for your use only, provided you do not remove any trademarks, copyright and any other notice contained in such content. You shall not archive or retain any content in any form without written permission.

Hardware, software products, services and the information mentioned in Busrex.com or available through the links may be subjected to changes and or improvements periodically.

Busrex.com makes no representations about the suitability, reliability, availability, timeliness, lack of viruses or other harmful components and accuracy of the information, software, products, services and related graphics contained within the sites/services for any purpose. All such information, software, products, services and related graphics are provided on "as is basis" without warranty of any kind.

You agree that Busrex.com shall not be responsible for unauthorized access to or alteration of your transmissions, materials or data, received or not received, sent or not sent or for any transactions entered into through this or any linked site.

The terms and conditions of this agreement are governed by the laws of Republic of India and you hereby irrevocably consent to the exclusive jurisdiction and venue of courts in Chennai, Tamil Nadu, India in all disputes arising out of or relating to the use of Busrex.com, its linked sites and services.

The use of Busrex.com is unauthorized in any jurisdiction that does not give effect to all provisions of these terms and conditions, including without limitation to this paragraph You agree that Busrex.com reserves the right to disclose any information about you or your content, without your prior permission if Busrex.com has a good and sufficient reason and belief that such action is necessary to :

a) confirm to legal requirements or to comply with legal process; b) protect and defend the rights or property of Busrex.com or its employees, promoters, business associates and companies; c) enforce the terms or use; or d) act to protect the interests of its registered users and or others.

If any part of this agreement is determined to be invalid or unenforceable pursuant to any law including, but not limited to, the warranty,disclaimers and the liability limitations set forth above, then the invalid or unenforceable provision will be deemed superseded by a valid,enforceable provision that most closely matches the intent of the original provision and the remainder of the agreement shall continue in effect, unless otherwise specifically mentioned herein.

The agreement to these Terms and Conditions constitute the entire agreement between the registered user(s) and Busrex.com with respect to the use of this website and services and it supersedes all prior or contemporaneous communications and proposals, whether electronic, oral or written, between the user and Busrex.com

All text, graphics, audio, design and other works on the site are the copyright and property of Busrex.com and the registered users as indicated. The login is for the use of only registered users. Busrex.com reserves the right to discontinue the user login on account of non- payment of registration charges or violation of any of the Terms and Conditions, Privacy Policy or any other infringement. Busrex.com reserves the right to modify the terms of use of any registration or service without any notice or liability. Busrex.com also reserves the right to take all measures necessary to prevent access to any user or termination of service if the terms of use are not complied with or are contravened or there is any violation of copyright, trademark or other proprietary right.

RULES OF INTERACTION

CODE OF CONDUCT : For all interactions, dealings and business conducted on it, Busrex believes in maintaining (and safeguarding) high ethical, qualitative and professional standards. We wish that all our Users too emphasise on these attributes while we integrate quality, user friendliness and value building mechanisms. Consequently, Busrex, being a virtual ecosystem, needs to enforce a Code of Conduct for the benefit of all stakeholders, be it a Vendor, Customer, ITEBR, Consultant and ourselves which shall be reviewed at appropriate times.

These Codes are classified into Confidentiality, Security of Data, Non-Repudiation of Transactions, Impartiality, Presentation Manners & Time Schema, Record Keeping and Payment Obligations.

1. Confidentiality : Vendors/ Customers/ ITEBR's should maintain strict confidentiality of information and data pertaining to the execution of Assignments. The information such as tasks, deliverables, quotations, payments are specific to the parties involved in the Assignment and should not be shared with others under any circumstances. ITEBR's should not share the completed Assignment information with other ITEBR's. Busrex will permit competitive bidding for Assignments to ensure that service available is optimal in cost. All Vendors/Customers (Assignment creators) should ensure strict confidentiality with respect to the quotations received. They should not share the quote information and should not play-off one ITEBR against other ITEBR's. No user should perform any activity, seek or disclose any information that could lead to an unfair advantage, disclosure and or competition or may lead to any infringement of any business process or loss of any sort to the other stake holder’s business No user should perform any activity, seek or disclose any information that could lead to an unfair advantage, disclosure and or competition or may lead to any infringement of any business process or loss of any sort to the other stake holder’s business

2. Security of Data : Adequate access level and transaction level security is built into Busrex. The Users at no point of time should share the passwords with others who are not related to the business on hand. Only authenticated users and sub-users should access Busrex. ITEBR's at the POB should take adequate care to ensure that data of the client is accessed through client specified/preferred procedures. No such data of Customer should be transferred/transmitted or made known to others. All the stakeholders should recognize and appreciate the legal consequences and validity of e-commerce transactions. ITEBR's should strive to protect the copyrights of Busrex, Vendors and Customers.

3. Non- Repudiation of Transactions : Busrex has built in adequate safeguards at appropriate stages of Assignment process to align the Assignments on business dynamics. The transactions once accepted and commenced cannot be repudiated either by assignors or assignees. All the stakeholders should agree to the Terms & Conditions before performing the transactions. Such agreed Terms & Conditions are binding upon the parties till the completion of Assignment.

4. Impartiality : Vendors and Customers will create Assignments with specific, meaningful and achievable tasks/ deliverables. The Assignments posted shall be equitable to all ITEBR's in the particular location; unless or otherwise posted to specific ITEBR's. Vendors and Customers should exercise caution while accepting quotes of ITEBR's and preference should be only based on order on merit and cost. Vendors and Customers should exercise caution while accepting quotes of ITEBR's and preference should be only based on order on merit and cost. Vendors, Customers and ITEBR's should not contract or accept Assignment that fall outside the purview of Busrex thereby jeopardizing the commercial interests of Busrex. ITEBR's should strive to protect the copyrights of Busrex, Vendors and Customers. ITEBR's should not, under any circumstance, disclose or talk about relative merits of offerings of different Vendors.

5. Presentation Manners & Time Schema :ITEBR's should present themselves at Assignment places with identification cards issued by Busrex. ITEBR's should fix prior appointments to visit Assignment places. For Assignments in progress, ITEBR's should implement the time schema given by Customers/Vendors. ITEBR's should be appropriately dressed, as demanding the occasion, during making calls/visits on Customers and Vendors.

6. Record Keeping : ITEBR's should not carry Customers’ data outside their premises without written authorization. If the nature of assignment is such that data is residing on ITEBR's hardware, it should be promptly erased on completion of assignment before leaving the Customer’s premises. Vendors and Customers (Assignment creators) should keep complete details on data transfer from their side and residing with ITEBR.

7. Payment Obligations :All payments committed by Vendors/ Customers should be paid with in the time limits agreed upon at the time of Assignment creation. Vendors/ Customers should make advances and interim payments in accordance with business rules and practices in vogue for that Assignment. All applicable tax compliances should be compulsorily followed as laid down in the statute.

DISPUTE RESOLUION MECHANISAM BUSREX is inbuilt with business rules that seek to avoid conflicts at different stages of any interaction. Whatever be the nature of a User requirement, Uploading an Assignment or Advertisement or Offerings, all interactions are designed and built on sound and tested rules that aim to reduce ambiguity anywhere, from execution to payment to archiving. Further, every Resource Team, the primary business enabler on Busrex, is built around areas of commonality of interests, local presence and knowledge; quick and hassle free set up, mobility, segregation of management of Team and Assignments

Assignments: The main business being in delivery of services, contracted over the internet, it is imperative that the tasks/deliverables are spelt out very clearly and completely at the outset. Every Assignment is designed to be defined and split into as many easy-to-understand-and-execute tasks as possible by both the contracting parties. The features like Amendment, Modification and Adjustments support the Assignment execution process by integrating mid course corrections due to changing business dynamics.

In the event of any dispute arising from and in the performance and execution of an Assignment, the following process(es) is laid down for escalation and redressal. Every User shall accept the dispute redressal process as laid down below at the outset and also agree to them wherever asked as a requirement of business process in every Assignment.

Level 1: Conciliation

The aggrieved party shall initiate the process of reporting a dispute online at drm@busrex.com with all details and references as are available.

The complaint/report should be lodged by the aggrieved party within 72 hours of arising of the dispute. Busrex will acknowledge the receipt of grievance to both the parties within 24 hours. Busrex will initiate Conciliation proceedings within seven working days from the date of receipt of complaint. Busrex will recommend a Process Manager from its organisation to act as the Conciliator. The Conciliator will speak with the aggrieved parties independently and collect their statements and meet with them if necessary. The Conciliator shall seek the advice and counsel of such other external entities, as are necessitated by the exigencies of the case, to seek expert opinion. The Conciliator will invite both the parties for discussion at a mutually agreeable time and place to present an amicable solution. The solution recommendation will be based on and conform to the existing set of business rules for Assignments and their performance by all the parties. If the aggrieved parties agree to solution as recommended, the proceedings and issues are recorded and signed by all parties. The Conciliation proceedings are converted into the Assignment upon which the dispute is deemed closed. The documentation will be moved to a knowledge repository that will assist to redefine/ restructure business rules in future. The costs of Conciliation shall be shared between Busrex and the parties to the dispute. If the solution proposed is not acceptable to any of the parties, the dispute is escalated to Level 2.

Level 2: Negotiation

In the event of non resolution of disputes through Conciliation, the Level 2 process is set in motion. This calls for Negotiation between the aggrieved parties with the Busrex Process Manager acting as an intermediary. The Negotiation will involve redefining some or all of the Terms of the Assignment to give effect to and agree upon a deliverable and workable solution within the framework of Busrex business process. Busrex Process Manager shall assist the concerned parties in the entire negotiation process. All the parties shall agree upon the negotiated solution and sign documentation to this effect. The dispute is deemed to be resolved when the documentation is incorporated into the Assignment. The details of Negotiation are moved to the knowledge repository for further reference. The costs of Negotiation shall be shared between Busrex and the parties to the dispute. If the dispute is not resolved through the process of Negotiation, it is escalated to Level 3.

Level 3: Arbitration

The escalation of dispute to Level 3 calls for Arbitration proceedings. Busrex shall request the aggrieved parties to select an Arbitrator from a given list of Arbitrators. The parties to dispute may choose to engage an Arbitrator from their own circles which shall be subject to the acceptance by both the parties. The Terms and Costs of Arbitration shall be as laid down by the Arbitrator. The Arbitrator shall conduct the proceedings and pass such order as deemed appropriate which shall be binding on the both the parties. The details and findings shall be updated in the Assignment records. The documentation is moved to knowledge repository for further reference Should any party to the dispute decide, it can escalate it to Level 4 conflict.

Level 4: Court of Law

Any party to a dispute may file a case in an appropriate Court of Law (as per the terms & conditions agreed during Assignment creation). Busrex shall provide all the details as are required by the Court and which are in its possession. However, Busrex chooses its right to implead in the Court proceedings as it deems necessary. The Court’s order shall be final and binding.. The documentation arising out of such Court proceedings is moved to knowledge repository.

SECURITY

At Busrex.com, we appreciate your concerns about the confidentiality of your data during online business transactions. Busrex.com has taken security measures to protect information passed between our site and the respective stake holder’s computer during transactional sessions.

This website shall have adequate and appropriate access controls and other security measures in place while doing transactions and to protect the loss, misuse, and alteration of the information, including the use of firewalls and encryptions wherever appropriate.

DISCLAIMER

Busrex.com makes no representations about the suitability, reliability, availability, timeliness, lack of viruses or other harmful components and accuracy of the information, software, products, advertisements, services and related graphics contained within the website or the linked sites.

Busrex.com contains facts, views, opinions, statements and recommendations of users of the website, advertisers, third party information providers and organizations. All such information, software, products, services and related graphics are provided on "as is basis" without warranty of any kind other than those that are specifically provided by the registered vendors.

Busrex.com hereby disclaim all warranties and conditions with regard to information, software, products, advertisement, services and related graphics, including all implied warranties and conditions of merchantability, fitness for a particular purpose, title and non-infringement in respect of all information, products and services of registered users.

Busrex.com does not endorse in anyway any advertisements and or contents of registered users on its Web Pages. Users of this site are therefore requested to verify the veracity of all information on their own before relying and acting there upon.

Busrex.com shall neither be responsible nor liable for any consequential loss or damages of any kind arising on account of users relying on the contents of the website.

PRIVACY

At Busrex.com, we place high priority on protecting the integrity of all of your data (about you/your company/your products/your transactions). This privacy statement has been created to demonstrate our firm commitment to your privacy. The following discloses our information gathering and dissemination practices.

Busrex.com enables business to business information exchange that will eventually become a transactional marketplace.

Users who wish to take full advantage of Busrex.com must register, and then get authorized by Busrex.com, to access detailed processes or make transactions.

During registration, users must supply information required to enable transactions, including, but not limited to username, password and email address. Contact information from the registration form is used to contact the user when necessary.

We do not resell our data to other companies. You may also choose to "opt out" of receiving non-transaction related mailings from us by sending mail to info@Busrex.com. We do not share information about individual users with any third party.

We may use your IP address to administer our website or gather broad demographic information. Whenever you send us personal correspondence, such as email or letters, or if other users or third parties send us correspondence about your activities or postings on the site, we may collect and store such information. Demographic and profile data may also be collected at our website and use this information to tailor our service to suit the needs of users. This is essentially to make our service level best.

In the course of your usage of portal, we may track certain information about you. This information may include the URL identity (when you are on our site), browser identity, and your IP address. This information is used in aggregate form to help us improve our site and users’ experience on site.

If you choose to download or request information from our website, our servers log the user's current IP address. We do not link IP addresses to anything personally identifiable.

This site contains links to other sites. Busrex.com is not responsible for the privacy practices or the content of such websites.

This privacy policy will be updated periodically to reflect changes in our technology or business processes. Changes to the privacy policy will be posted on our site as and when they occur.

If you have any questions about this privacy statement/ practices/ dealings with this website, you may contact info@Busrex.com.