Terms of Service

These terms govern your use of our services and establish the legal framework for our business relationship.

Last updated: January 15, 2025

1. Acceptance of Terms

By accessing or using Leading Labs' services, you agree to be bound by these Terms of Service and all applicable laws and regulations. If you do not agree with any of these terms, you are prohibited from using our services.

Important Note

These terms may be updated from time to time. Continued use of our services after changes indicates acceptance of the updated terms.

2. Description of Services

Leading Labs provides the following services:

🚀MVP Development

Complete minimum viable product development from concept to launch using no-code platforms.

No-Code Solutions

Custom application development using platforms like Bubble, FlutterFlow, and Xano.

🏗️Incubator Program

Equity-based partnership providing £10,000 worth of development services for 5% equity.

💡Consulting & Advisory

Technical consultation, platform selection, and strategic advisory services.

3. User Obligations

As a client of Leading Labs, you agree to:

1

Provide Accurate Information

Supply truthful and complete information about your project requirements, business needs, and contact details.

2

Timely Communication

Respond to requests for feedback, approval, and clarification within agreed timeframes to avoid project delays.

3

Payment Obligations

Make payments according to the agreed schedule and payment terms for your selected service package.

4

Respect Intellectual Property

Not infringe on third-party intellectual property rights in materials provided to us.

5

Lawful Use

Use our services only for lawful purposes and in compliance with all applicable laws and regulations.

4. Payment Terms

Standard Services

Payment Schedule

  • • 50% deposit upon contract signing
  • • 50% upon project completion
  • • Payment due within 7 days of invoice

Accepted Methods

  • • Bank transfer (preferred)
  • • Credit/debit cards via Stripe
  • • PayPal for international clients

Late Payments

Consequences

  • • 2% monthly late fee on overdue amounts
  • • Project suspension after 14 days
  • • Contract termination after 30 days

Refund Policy

Refunds are only available before project commencement. Once development begins, fees are non-refundable but services will be completed as agreed.

5. Incubator Program Terms

Equity Partnership Structure

Our incubator program operates on an equity-for-services model where qualified startups receive £10,000 worth of development services in exchange for 5% equity.

Eligibility Requirements

  • • Early-stage startup (pre-Series A)
  • • Clear MVP requirements and scope
  • • Committed founding team
  • • Market validation or traction
  • • Scalable business model
  • • UK or EU incorporation preferred

What We Provide

  • • Complete MVP development
  • • Technical mentorship
  • • Architecture planning
  • • 90 days post-launch support
  • • Introduction to our network
  • • Ongoing strategic advice

Legal Documentation

Equity arrangements are formalized through a separate shareholders agreement and require independent legal review. We recommend all parties seek legal counsel before signing.

6. Intellectual Property

Client Ownership

  • • All custom code and designs
  • • Business logic and workflows
  • • Content and branding materials
  • • Data and user information
  • • Domain names and accounts

Leading Labs Retains

  • • Development methodologies
  • • Reusable code templates
  • • General technical knowledge
  • • Process documentation
  • • Tool configurations

Third-Party Platforms

Applications built on third-party platforms (Bubble, FlutterFlow, etc.) are subject to those platforms' terms of service. We help transfer ownership of accounts and applications upon project completion.

Portfolio Rights

We reserve the right to showcase completed projects in our portfolio and marketing materials, with client approval and appropriate confidentiality considerations.

9. Limitation of Liability

Service Limitations

Our services are provided on an "as is" basis. While we strive for excellence, we cannot guarantee:

  • • Uninterrupted or error-free operation
  • • Compatibility with all third-party services
  • • Specific business outcomes or revenue targets
  • • Platform availability beyond our control

Liability Cap

Our total liability for any claim related to our services shall not exceed the total amount paid by the client for the specific service giving rise to the claim.

Excluded Damages

We shall not be liable for indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, data, or business opportunities.

10. Termination

Termination by Client

Clients may terminate services with 14 days written notice. Fees for completed work are non-refundable.

Process
  • 1. Provide written termination notice
  • 2. Complete handover documentation
  • 3. Transfer accounts and assets
  • 4. Final payment reconciliation

Termination by Leading Labs

We may terminate services for non-payment, breach of terms, or if the project scope changes significantly.

Immediate Termination
  • • Non-payment after 30 days
  • • Breach of confidentiality
  • • Illegal use of services
  • • Abusive behavior toward staff

12. Contact Information

If you have questions about these Terms of Service or need clarification on any aspect of our services, please contact us:

General Inquiries

Email: hello@leadinglabs.com
Phone: +44 (0) 20 1234 5678

Legal Department

Email: legal@quanfinit.com
For contract and legal matters

Leading Labs Ltd.
United Kingdom
Company Registration: [To be added]
VAT Number: [To be added]

Governing Law

These terms are governed by English law and subject to the exclusive jurisdiction of English courts. Any disputes will be resolved through binding arbitration in London, England.