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Cancellation
Policy In the event of Cancellation of assignment by the
Client, any milestone payments or Deposits made prior to
cancellation shall be retained by X5Graphics or X5 Group
Incorporated. In addition, if cancellation is prior to the
delivery of the Site Design, a cancellation fee of fifteen
percent (15%) of the balance of the Total payments shall be paid
by the Client. If the cancellation is later but prior to the
acceptance of the Site Design, a fee of thirty percent (30%) of
the balance of the Total payments shall be paid by the Client.
If the cancellation is later but prior to the delivery of the
Beta Version, the above cancellation fee shall be fifty percent
(50%) of the balance of Total payments. If the cancellation is
after the delivery of the Beta Version, the cancellation fee
shall be one hundred percent (100%) of the balance of all
remaining dues. Regardless of when the project is cancelled, all
billable expenses already incurred by X5Graphics or X5 Group
Incorporated is liable to pay for shall be paid by the Client in
full. In the event of cancellation, X5Graphics or X5 Group
Incorporated retains ownership of all copyrights and any
original artwork.
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