Terms of Service

Effective Date: 10 May 2025

‍Company: Nowexo Limited

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1. Overview

These Terms of Service ("Terms") govern your use of Nowexo's services, including financial audit, analysis, and recovery services ("Services").

By engaging Nowexo, you ("Client") agree to these Terms.

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2. Services

Nowexo provides analysis of financial, operational, and contractual data to identify discrepancies, inefficiencies, and potential recovery opportunities.

This includes, but is not limited to:

• Expense recovery
• Revenue reconciliation
• Contract and pricing compliance
• Loss and yield auditing
• Subsidy, grant, and credit tracking

Nowexo may also assist in pursuing recoveries with third parties on behalf of the Client.

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3. No Guarantee of Results

While Nowexo uses commercially reasonable efforts to identify and pursue recoveries:

• Recovery outcomes are not guaranteed
• Results depend on third parties, data quality, and external factors
• Not all discrepancies will result in financial recovery

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4. Fees

Nowexo operates on a performance-based model:

• Fees are charged as a percentage of recovered funds
• No fees are due unless recoveries are successfully obtained
• Specific fee percentages are agreed separately in writing

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5. Client Responsibilities

The Client agrees to:

• Provide accurate and complete data
• Grant necessary access to relevant records (read-only where applicable)
• Cooperate in the recovery process when required
• Ensure compliance with applicable laws and contractual obligations

The Client remains responsible for all business decisions and actions.

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6. Third-Party Interactions

Nowexo may engage with suppliers, buyers, or other counterparties on behalf of the Client.

However:

• Nowexo does not control third parties
• Outcomes depend on third-party cooperation
• Nowexo is not liable for third-party actions or refusals

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7. Data & Confidentiality

Nowexo will:

• Treat all Client data as confidential
• Use data solely for the purpose of delivering Services
• Maintain appropriate security measures

Nowexo does not sell or share Client data with unauthorized parties.

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8. Intellectual Property

All methodologies, processes, and materials used by Nowexo remain its intellectual property.

Clients are granted a limited right to use deliverables for internal business purposes.

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9. Limitation of Liability

To the maximum extent permitted by law:

• Nowexo shall not be liable for indirect, incidental, or consequential damages
• Total liability shall not exceed the fees paid to Nowexo

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10. Termination

Either party may terminate the engagement with written notice.

However:

• Fees remain due for recoveries identified prior to termination
• Ongoing recovery processes may continue under agreed terms

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11. Compliance

Clients agree to act in good faith and comply with all applicable laws and regulations.

Nowexo does not provide legal, tax, or accounting advice unless explicitly agreed.

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12. Governing Law

These Terms are governed by the laws of England and Wales.

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13. Updates

Nowexo may update these Terms from time to time. Continued use of Services constitutes acceptance of updated Terms.

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Closing

By engaging Nowexo, you acknowledge that you have read, understood, and agreed to these Terms.