The Public Offer Agreement entered into force: May 29th, 2021

Architectstudio, LLC, EIN: 37-1990954, a legal entity incorporated under the laws of the United States of America, Delaware, registered office: 16192 Coastal Highway Lewes, DE 19958, represented by CEO Mkrtchyan Gevorg, hereinafter referred to as the “Company”, on the one hand,

and

an individual and/or legal entity, hereinafter referred to as the “Customer”, on the other hand, each jointly referred to as the “Parties”, and separately – the “Party”, have entered into this Public Offer addressed to an unlimited number of persons, which is an official public offer of the Company, conclude an agreement with any individual or legal entity (hereinafter “Public Offer”) for the provision of Services, about the following:

1. DEFINITIONS

1.1. Acceptance – means the performance of actions indicating the conclusion of the Agreement on the terms of this Public Offer.

1.2. “Architect Studio” company (hereinafter “Company” or “Architect Studio”) – means a legal entity that provides Services to the User for the development and implementation of the Project.

1.3. Customer – means an individual and/or legal entity that interacts with the Company to receive the Services from it.

1.4. Company’s website (hereinafter referred to as the “Site”) means a web page or a group of web pages on the Internet, through which the User receives the Services and uses the Services of the Company, which are posted on the Internet at the following address: https://architectstudio.net/

1.5. Owner of the Company “Architect Studio” – means Architectstudio, LLC, a legal entity incorporated under the laws of the United States of America, Delaware, located at 16192 Coastal Highway Lewes, DE 19958, represented by CEO Mkrtchyan Gevorg (hereinafter referred to as the “Owner”).

1.6. Personal Data – means any information that directly or indirectly allows you to identify the User. For example: name, surname, phone number, passport data.

1.7. Project – means a unique set of processes, limited in time, resources and quality requirements, aimed at creating a construction object.

1.8. Third Party – means a natural or legal person, public authority, institution or body other than the data subject and/or the Company.

1.9. Services – means the tools and materials developed and provided by Architect Studio for the development, implementation and execution of  Project for the construction of a residential or non-residential building. You can familiarize yourself with the types of provided Services in more detail in the Terms of Use.

2. GENERAL PROVISION

2.1. The Public Offer Agreement is concluded by providing full and unconditional consent (Acceptance) by the Customer in full, without signing a written copy of the Public Offer Agreement by the Parties.

2.2. The Customer confirms that he has read and agreed with all the terms of this Public Offer in full, by accepting the Public Offer.

2.3. Any of the following actions are considered Acceptance of this Public Offer:

2.3.1. The Company provides the Customer with advice by phone;

2.3.2. Provision of Services by the Company to the Customer;

2.3.3. Written (including in electronic form, sent by e-mail or a reverse sample form) notification of the Customer about the Acceptance of the terms of this Public Offer to the e-mail address indicated on the Site.

2.4. The Customer agrees to the terms of the Public Offer in one of the following ways:

2.4.1. Provides consent during a telephone consultation;

2.4.2. Expresses his consent by putting a marker in the “Checkbox” field;

2.4.3. Provides written consent (including electronic).

2.5. By concluding the Public Offer, the Customer automatically agrees with the full and unconditional Acceptance of the provisions of the Public Offer and all its annexes, which are integral parts of the Agreement.

2.6. If the Customer does not agree with the terms of the Public Offer, he has no right to conclude it, and also has no right to receive Services from the Company.

3. SUBJECT OF THE AGREEMENT

3.1. The Company undertakes, on the terms of this Public Offer, to provide Services to the Customer and the Customer undertakes, on the terms provided for by this Public Offer, to accept and pay for the Services.

3.2. The Company and the Customer confirm that this Public Offer is not a fictitious or imaginary transaction or a transaction concluded under the influence of pressure or deception.

4. SERVICES

4.1. The Company provides the User with the following Services:

4.1.1. Architectural Services;

4.1.2. Design Services;

4.1.3. Additional Services.

4.2. Architectural Services – is the arrangement of the architectural Design of residential buildings and industrial buildings, taking into account all data on the territory, the adjacent landscape, the functional purpose of the building.

4.3. Design Services – are the actions of the Company aimed at creating a design for a construction object and/or changing the interior, taking into account the maximum ergonomics of space and the comfort of the Customer.

4.4. Additional Services – are the actions of the Company aimed at choosing the most suitable design for the construction object for the Customer and supervision over the development of the Project and construction of the building, in accordance with this Project.

5. SERVICE COST

5.1. The price for the Services provided depends on the scope of work, construction object, design development and the number of Additional Services provided.

5.2. The cost of the Services depends on the following characteristics:

5.2.1. Technical characteristics of the object. The cost of designing a classic apartment will differ from the cost of designing a multi-level penthouse;

5.2.2. Non-standard ideas, since their implementation requires additional calculations and significant time costs;

5.2.3. The introduction of innovative technologies, environmentally friendly and energy efficient. To perform such tasks, the involvement of a highly qualified specialist is required;

5.2.4. The purpose of the building. The cost of the Project of a country cottage and an industrial facility will cost differently;

5.2.5. Object area. The cost of developing a small apartment Project will be more expensive than the cost of designing a luxury estate.

5.3. Approximate cost of the Services:

5.3.1. Sketch development. From US $ 3 per square foot, including consultation and initial Project documents;

5.3.2. Architect’s consultation by phone. From $ 112 in 15 minutes. During a telephone consultation, we will discuss aesthetic design, budget, expected time, quality control and legal requirements;

5.3.3. Professional development of the Project and unique design. From USD 7 per square foot. The Customer receives several planning options based on previous wishes;

5.3.4. Development of construction documentation. From USD 5 per square foot. The price includes detailed multi-level drawings of all construction elements from the frame to electrical and plumbing installations;

5.3.5. Project management or administration. From USD 4 per square foot;

5.3.6. 3D visualization Services. From USD 6.5 per square foot.

5.4. Prices specified in clause 5.3. may vary, depending on the scope of work, the design being developed, the complexity and/or uniqueness of the Project, the number of Additional Services.

6. PAYMENT PROCEDURE

6.1. The Company draws up the order of the Customer, within 3 (three) business days from the moment of his request. The term for placing an order may vary, depending on the requirements of the Customer, the scope of work, the complexity of the development of the Project.

6.2. Based on the placed order, the Company issues an invoice to the Customer within 3 (three) business days from the moment of placing the order.

6.3. In the invoice, the Company indicates: the types and terms of the Services provided, the amount of work, the types of Additional Services.

6.4. The invoice is considered accepted from the moment it is sent to the Customer. If the Customer does not provide a claim within 2 (two) business days regarding the conditions specified in the invoice, then it is considered accepted by the Customer and is payable.

6.5. The Customer pays for the Services of the Company on the terms of 100 (one hundred) percent prepayment, within 3 (three) business days from the date of the invoice by the Company.

7. RIGHTS AND OBLIGATIONS OF THE PARTIES

7.1. The Company has the right to:

7.1.1. obtain information and data necessary for the proper provision of the Services;

7.1.2. verify the identity of the Customer;

7.1.3. check the ownership of the Customer;

7.1.4. clarify the details of the Project;

7.1.5. provide Services to the Customer;

7.1.6. change the types of Services;

7.1.7. change the cost of the Services;

7.1.8. receive payment for the Services provided;

7.1.9. refuse to provide the Services, without any consequences and sanctions, if the Customer fails to fulfill its obligations to pay for the Services and/or provide inaccurate information and/or non-payment for the Company’s Services.

7.2. The Company undertakes:

7.2.1. provide the Customer with advice;

7.2.2. provide the Customer with the Services;

7.2.3. provide the Customer with Additional Services.

7.3. The User has the right to:

7.3.1. receive Services from the Company;

7.3.2. get advice from the Company;

7.3.3. get Additional Services;

7.3.4. monitor the results of the Services provided by the Customer to ensure satisfactory operation, including the right to check, stop the provision of the Services, make suggestions and recommendations on the details of the Services;

7.3.5. contact the Company with a request to provide information on the procedure / results of the provision of the Services;

7.3.6. transfer your Personal Data.

7.4. The User undertakes:

7.4.1. provide the Company with all information and data, and provide documentation/sources that are necessary for the proper provision of the Services under the Agreement;

7.4.2. pay for the Services provided by the Company in the amount, terms and procedure provided for by the Public Offer;

7.4.3. immediately inform the Customer about all circumstances that may negatively affect the Customer’s ability to provide the Services;

7.4.4. provide reliable data about the construction object.

8. RESPONSIBILITY

8.1. For non-fulfillment or improper fulfillment of their obligations under this Public Offer, the Parties are liable in accordance with the current laws of the state of Delaware, the United States of America.

8.2. The Customer is responsible for the legality, truthfulness, integrity, accuracy of Personal Data and information about the construction project that he provides to the Company.

8.3. The Company is not responsible for the quality of the Services, if the Customer provides inaccurate Personal Data and/or information about the construction object.

8.4. To the extent permitted by law, we provide the materials and Services “as is”. This means that we do not provide any guarantees, including but not limited to guarantees of the commercial qualities and suitability of the Company for a particular purpose.

8.5. The Company is not responsible for lost profits and/or loss of the Customer’s reputation in the event of failure to provide the Services and/or provide the Services in an incomplete measure.

9. INTELLECTUAL PROPERTY

9.1. All exclusive intellectual property rights to the Project, including design elements, sketches, technical documentation, images, illustrations and other objects, as well as components and their elements, belong exclusively to the Owner.

9.2. The Customer acknowledges and agrees that the Owner owns all intellectual property rights in relation to the provision of the Services.

9.3. The Customer grants the Company a non-exclusive right to use, copy, process and transfer his Personal Data and information about the construction object, during the period of provision of the Services.

10. WARRANTY

10.1. Each Party hereby guarantees to the other Party that it has all the powers to conclude and fulfill its obligations under the Public Offer.

10.2. The Customer must fulfill his obligations under the Public Offer with the utmost care and skill, as well as in accordance with generally accepted and recognized practices and standards prevailing in the provision of Services for the provision of architectural Services and design development.

10.3. Any failure or delay by any of the Parties in exercising any of their rights under the Public Offer will not be considered a waiver of this right.

10.4. Exclusion of Certain Damages: In no event shall either Party or their respective directors, officers, employees, shareholders, agents, representatives or licensors be liable to the other Party for any loss of income, profits, contracts, anticipated savings, business or investment. opportunity, business reputation or reputation, and any consequential, incidental, punitive or direct damages.

11. LEGISLATION

11.1. Any disputes that may arise according to the provision of the Services are resolved through negotiations. To resolve disputes, the Parties hold meetings, negotiations or regulate disputes in writing.

11.2. If the relevant dispute cannot be resolved through negotiations, it shall be resolved in court according to the established jurisdiction and jurisdiction of such a dispute, in accordance with the current legislation of the State of Delaware, United States of America.

12. PERIOD OF VALIDITY AND TERMINATION OF THE PUBLIC OFFER

12.1. The Public Offer Agreement is valid until the Parties fulfill their obligations.

12.2. The Public Offer may be terminated by the Company unilaterally, without notifying the Customer, in the following cases:

12.2.1. If the Customer provides false data;

12.2.2. In case of non-payment by the Customer for the Company’s Services;

12.2.3. In case of making significant changes to the Project, after placing an order and issuing an invoice;

12.2.4. Other grounds provided for by applicable law of the State of Delaware, United States of America.

12.3. The Customer does not have the right to terminate the Public Offer Agreement unilaterally.

13. CONFIDENTIALITY AND PERSONAL DATA

13.1. Each of the Parties undertakes not to disclose confidential information received from the other Party in connection with the implementation of the Public Offer.

13.2. For the purposes of the Public Offer, “Confidential Information” means information regarding the provision of Services by the Company.

13.3. Confidential information includes:

13.3.1. Personal Data of the Customer;

13.3.2. Information about the construction object;

13.3.3. Information about the cost of the Services.

13.4. The Party that receives the Confidential Information guarantees that the Confidential Information:

13.4.1. Kept confidential and not copied (a more reasonable period for the purposes of the Public Offer);

13.4.2. Will not be transferred, disclosed or otherwise made available to any other Third Party (with the exception of officials, employees, proxies of the Company who need to know and use Confidential Information for the purposes of the Public Offer).

13.5. The provisions of this Public Offer are not applicable to information:

13.5.1. Is or becomes generally known for reasons not related to a violation by a Party;

13.5.2. Opened for distribution by another Party;

13.5.3. Should be disclosed in accordance with the law or any regulatory legal act of the executive authority;

13.5.4.Became known or was known to the Party without violation by the Party of any obligations with respect to confidential information.

13.6. By Accepting this Public Offer, the Customer provides the Company with his consent to the processing of his Personal Data in order for the Company to fulfill its obligations within the framework of this Public Offer.

14. FORCE MAJEURE

14.1. The Parties are released from liability for non-fulfillment or improper fulfillment of the obligations provided for by this Public Offer, arising from force majeure circumstances.

14.2. Force majeure of a Public Offer means any circumstances that arose against the will or against the will or wishes of the Parties, and which cannot be foreseen or avoided, including: military action, civil unrest, epidemics, blockades, earthquakes, floods, lockdowns, pandemics, fires, as well as decisions or orders of state authorities and state administrations, as a result of which additional obligations or additional restrictions are imposed on the Parties (or one of the Parties), and which make it impossible for further full or partial implementation of the Public Offer, as well as other actions or events, existing against the will of the Parties.

14.3. If force majeure circumstances continue for more than 3 (three) months in a row, then each of the Parties will have the right to refuse further fulfillment of obligations under this Public Offer and, in this case, neither of the Parties will have the right to reimburse the other Party for possible losses.

15. FINAL CONDITIONS

15.1. Each Party guarantees to the other Party that it has the necessary legal capacity, as well as all the rights and powers necessary and sufficient for the conclusion and execution of this Public Offer Agreement in accordance with its terms.

15.2. A unilateral change in the terms of the concluded Agreement by the Customer or refusal to comply with the terms of the concluded Agreement by the Customer is unacceptable.

15.3. The Company has the right to independently change and/or supplement the terms of the Public Offer and its annexes, including the rules for the provision and receipt of Services, in accordance with the terms of this Public Offer.

16. COMPANY DETAILS

Legal entity: Architectstudio, LLC

EIN: 37-1990954

Jurisdiction: laws of the United States of America, Delaware

Location: 16192 Coastal Highway Lewes, DE 19958

CEO Mkrtchyan Gevorg