SERVICE AGREEMENT

Last Updated: May 19, 2025

Miami Beach, FL

Table of Contents

This Service Agreement (“Agreement”) is an online terms agreement that applies to any order for GateGuard Products and Services (individually and collectively, an “Order”) mutually agreed upon and executed by GateGuard, Inc., a Delaware corporation with an address at 1520 Alton Road, Miami Beach, #888, FL 33139 (“Provider,” “GateGuard,” or “We”) and the customer set forth on the applicable Order (“Subscriber” or “You”). Provider and Subscriber may each be hereinafter referred to as a “Party” and collectively as the “Parties”.

Acceptance of Terms: By placing an Order, accessing GateGuard’s services, or otherwise indicating agreement (e.g., clicking “agree” or “accept”), Subscriber acknowledges and agrees to be bound by this Agreement, the Terms of Service, and the Privacy Policy. Subscriber acknowledges that this is an online agreement, and pursuant to Meyer v. Uber Technologies, Inc., 868 F.3d 66 (2d Cir. 2017), the provision of a clear hyperlink to this Agreement on GateGuard’s website, PropertyPanel.xyz, or other platforms provides ample notice of its terms. Excuses such as “I did not sign anything,” “I did not read all or part of the Agreement,” or “I was unaware of the terms” are not valid defenses to GateGuard’s enforcement of this Agreement. Subscriber is responsible for reviewing the Agreement in its entirety before acceptance.

Prohibited Legal Representation: Subscriber agrees not to engage, directly or indirectly, any law firm or attorney who currently represents or has previously represented competitors, including intercom companies, Amazon and its affiliated entities, GrubHub, Seamless, Target, Walmart, Wolt, Uber, MVI, ButterflyMX (Runs Like Butter), Akuvox, Ubiquity, Aiphone, or any firm that has represented any intercom or access control company, for any matter related to this Agreement or GateGuard, to protect GateGuard’s trade secrets. Any attempt to engage such firms or attorneys constitutes a material breach of this Agreement, entitling GateGuard to immediate termination (Section 5.C) and liquidated damages of $100,000 per instance, reflecting estimated losses from trade secret exposure, in addition to other remedies.

Venue Selection: Any legal action arising out of or relating to this Agreement shall be brought exclusively in the state courts of Miami-Dade County, Florida, or the United States District Court for the Southern District of Florida (SDFL). Subscriber consents to the exclusive jurisdiction and venue of these courts and waives any objection to such venue.

NOTE: This Agreement includes a binding arbitration agreement, which GateGuard may waive at its discretion (Section 21.C). Please read it, and the entire Agreement, fully and carefully.

1. Definitions

2. Products

2.A. General Provisions

Provider shall supply Subscriber with Products as specified in each Order, governed by this Agreement. In case of conflict, this Agreement prevails unless the Order explicitly supersedes a section. Orders may be communicated electronically.

2.B. Pricing and Discounts

Quantity

Discount (off MSRP)

Discounted Price (per device)

3–9

-$6,150

$2,499

10–19

-$6,650

$1,999

20–49

-$7,150

$1,499

50+

-$7,650

$999

2 .C. Payment and Delivery

2.D. License

Provider grants Subscriber a non-exclusive, non-transferable (except per Section 21.A) license to use Product Software solely with ordered Services during the Term.

2.E. Exclusivity and Third-Party Device Prohibition

3. Services

3.A. General Provisions

Provider shall use commercially reasonable efforts to provide Services as specified in Orders, granting Subscriber a non-exclusive, non-transferable, non-sublicensable right to access Subscription Services for internal business operations during the Subscription Term.

3.B. Subscriber Responsibilities

City

Installation Fee (Estimate)

New York City

$849 + parts/materials

Los Angeles

$1,429 + parts/materials

Miami

$1,429 + parts/materials

3.C. Cellular Data

3.D. Usage Restrictions

Subscriber shall not:

3.E. Account Security

Subscriber is responsible for maintaining account confidentiality and all activities under its accounts, except those caused by Provider’s gross negligence or willful misconduct. Subscriber must notify Provider immediately of unauthorized use.

4. Fees and Payment

Pricing and Fees Policy: We strive to remain competitive and deliver exceptional value to all customers. Unfortunately, in the real estate industry, some parties engage in patterns of deliberately withholding payments to vendors, knowing that collection can be challenging and costly. To address this, we have implemented, and you agree to, significant penalties, fee increases, and mechanisms to ensure timely payment and compensation for late fees. These measures protect our business, enabling us to provide outstanding service to all customers and ensuring fairness for those who pay on time, so they are not adversely affected by those who do not.

4.A. Product Fees and Deposits

As outlined in Section 2.C.

4.B. Setup and Resident Fees

4.C. Subscription Fees

Invoiced in advance upon Product installation, based on the following table. Approximate savings assume $250/month in eliminated expenses (not guaranteed):

Subscription Term

Monthly Rate (per device)

Total Invoiced at Installation

Approximate SAVINGS

3 Years

$199.99

$7,199.64

$9,000

4 Years

$179.99

$8,639.52

$12,000

5 Years

$159.99

$9,599.40

$15,000

6 Years

$139.99

$10,079.28

$18,000

10 Years

$119.99

$14,398.80

$30,000

30 Years

$49.99

$17,996.40

$90,000

Discounted Subscription Fees : None applied.

4.D. Payment Terms

4.E. Taxes

Subscriber is responsible for all taxes (excluding Provider’s income taxes). Provider may invoice Subscriber for taxes it is obligated to collect.

4.F. Insurance

Subscriber must maintain:

4.G. PropertyPanel.xyz Account

4.H. Support Payment Requirement

Support is contingent on active, up-to-date payment accounts for all properties and PropertyPanel.xyz. Past-due properties must be paid before support is provided, regardless of ownership or management structure.

4.I. Payment Schedule

Your Payment Schedule begins on the first date your device is or was activated (powered on) after your order is placed, regardless of if it is or was powered on at a GateGuard location, installer, fulfilment partner, your location,  or otherwise.

If you have an existing order(s) with us, you may be asked to review and accept a Payment Schedule appendix to these terms on your next screen or login. This Payment Schedule will override any pre-existing payment schedule. A copy will be sent to you together with your Terms and Conditions in an email and emailed to a 3rd party backup account for record keeping. However , regardless, your Payment Schedule begins at the first date your device was activated (powered on) after your order was placed. This activation is logged by our system automatically and so this condition in these terms is to simplify billing and avoid disputes as to the start date.

If your device was not installed for any period of time after activation, it does not change the start date for  your Payment Schedule.

These fees do not include any upgrades, add-on-features, renewals, device upgrades, additions, data usage above what is included in the contract, repairs, service calls above what is included in the contract, legal fees, penalties, late penalties, etc. They only include the monthly service, included bandwidth, and licensing of the device for use on that property. Moving a device to a new property restarts the contract.

5. Term and Termination

5.A. Term

Begins on the Effective Date and continues until the last Order expires, unless terminated earlier. Each Order’s Subscription Term auto-renews unless either Party provides 30 days’ prior notice of non-renewal.

5.B. Termination by Subscriber

Subscriber may terminate an Order or this Agreement with 90 days’ written notice, subject to:

5.C. Termination for Cause

GateGuard may terminate upon:

5.D. Surviving Sections

Sections 1, 4 (outstanding amounts), 5.D, 6, 7, 8, 9, 10, 11, 17, 18, 24, 25, 26, and 27 survive termination.

6. Intellectual Property

6.A. Ownership

All Intellectual Property Rights in Products and Services remain Provider’s. Subscriber assigns any acquired rights to Provider.

6.B. Data

Provider owns all data collected by Products/Services (excluding personal identifying information), usable for business purposes in anonymized/aggregated form without Subscriber’s consent.

6.C. Restrictions

Subscriber shall not:

6.D. Feedback

All Subscriber feedback becomes Provider’s property, with Subscriber assigning all rights to Provider.

6.E. Marketing

Subscriber shall assist with marketing (e.g., serving as a reference, participating in case studies) at no cost. Provider may use Subscriber’s logos/marks with permission.

7. Confidentiality

7.A. Obligations

The Receiving Party shall:

7.B. Exceptions

Confidentiality does not apply to information:

7.C. Legal Disclosure

Required disclosures (e.g., by court order) must be preceded by notice to the Disclosing Party, with efforts to obtain confidential treatment as well as efforts to fight any and all such orders up-to and including appeal as teh subscriber’s cost.

7.D. Remedies

Breaches cause irreparable harm, entitling the Disclosing Party to equitable relief (e.g., injunctions) without bond, in addition to other remedies.

8. Warranty and Disclaimer

8.A. Mutual Warranties

Each Party warrants it has the authority to enter this Agreement, its execution does not violate other agreements, and it will comply with applicable laws.

8.B. Provider Warranties

8.C. Exclusions

No liability for issues due to Subscriber’s misuse, unauthorized modifications, or external factors (e.g., network issues). Subscriber agrees to not place confidential information or trade secrets onto this platform(s) so as to eliminate the risk of unauthorized access or sharing of such information.

8.D. Subscriber Acknowledgment

Subscriber acknowledges Provider is a newer business using new technology, which may face legal, financial, or regulatory challenges, potentially affecting service provision.

8.E. Disclaimer

Products/Services are provided “AS IS” except as warranted, with no implied warranties (e.g., merchantability, fitness, title, non-infringement). Provider does not guarantee uninterrupted, secure, or error-free operation.

9. Indemnity

9.A. Provider Indemnity

Provider defends Subscriber against third-party claims that Products/Services infringe U.S. patents, copyrights, or trademarks, provided Subscriber notifies Provider, grants sole control of any such litigation, funds any and all legal expenses, agrees to cover any awarded or settled amounts, and fully assists.

9.B. Subscriber Indemnity

Subscriber defends Provider against claims from Subscriber’s Agreement violations, improper use, failure to obtain necessary consents for GateGuard’s access to connected accounts under Section 24, or third-party actions facilitated by Subscriber’s breach of Section 17, including IP infringement, trade secret misappropriation, or non-disclosure/non-disparagement violations, paying awarded/settled damages, provided Provider notifies Subscriber, grants sole control, and assists.

9.C. Security Limitations

Subscriber acknowledges no technology is fully secure, accepting risks of errors, hacking, or data interception. Provider is not liable for third-party acts/omissions causing harm.

Subscriber acknowledges that this service is not a security device, alarm, or lock and that we do not guarantee or guarantee any locks, locking mechanisms, or circuitry related to locking mechanisms.

Subscriber acknowledges that Provider cannot and does not guarantee or make any representations as to any ability to protect persons or property.

10. Limitation of Liability

10.A. Exclusions

Neither Party is liable for lost profits, indirect, special, or consequential damages, except for:

10.B. Cap

Liability of Provider is limited to the lesser of:

11. MCI / Capital Improvement / DHCR / Other Agencies

Subscriber may apply for capital improvement rent increases but does so at its own risk, with no guarantees from Provider. All Fees remain due regardless of agency outcomes. Subscriber is responsible for researching applicable regulations.

12. Internet Connectivity & Permission to Install Connectivity Devices

12.A. Requirements

Subscriber must, on request of provider, provide broadband internet capable of high-speed video uploads, including CAT5 Ethernet. Subscriber must provide power with backup including a grounded outlet, 110/120 or 220/240v, and a UPS capable of powering our device and any camera surveillance equipment for at-least 12 hours without ground power.

12.B. Provider Rights

12.C. Subscriber Obligations

12.D. UPS

13. Package and Delivery Management

13.A. Provider Control

GateGuard controls all package delivery aspects, including who, when, and what can be delivered.

13.B. Rules

13.C. Liability

Couriers remain liable for all packages regardless of reason or cause until recipient takes possession. That is, Couriers must fully ensure and remain liable for all products even if they are lost due to vandalism, theft, and/or technical failure of a GateGuard device or affiliated service.

14. Amenities and Services

GateGuard may sell additional services (e.g., insurance, internet, delivery, retail, services, media, etc.) to tenants via its platforms, with no revenue sharing or Subscriber veto rights.

15. Not a Security System or Security Guard Replacement

GateGuard’s Products/Services are not security systems or guard replacements and do not prevent unauthorized entry. Subscriber acknowledges this limitation.

16. Right to Surveil Our Devices & Operation

16.A. Cameras

GateGuard may install cameras in public spaces to monitor equipment and operations, charging Subscriber for installation if vandalism occurs.

In the event of lost packages in or around the portfolio, such as a trend of lost packages in the city or neighborhood of the Provider’s device, Provider may install package-counting AI-powered cameras in the  lobby or other relevant areas of the client at the client’s expense (parts and labor and monthly fees). A minimum fee of $349 for the camera, 2 hours of Senior Technician labor, and $39.99/mo per camera shall apply. Even if the Subscriber has their own camera system, Provider may install such a system at its own initiative. Provider is not required to give access to these camera logs or feeds to the Subscriber.

16.B. Body Cameras

Staff/vendors may wear recording devices, with Subscriber ensuring consent for private space access.

17. No Copying. Non-Compete

17.A. Non-Compete

Subscriber shall not engage in any access control business (e.g., smart locks, intercoms). Violations transfer full entity ownership and IP to GateGuard, reflecting estimated losses from trade secret exposure and competitive harm.

17.B. Restrictions

17.C. Audit Rights

GateGuard may, with 5 days’ notice, audit Subscriber’s systems, records, and premises to verify compliance with this section. Subscriber shall cooperate fully, and any non-compliance incurs a $10,000 audit fee plus actual costs, reflecting estimated losses from potential trade secret exposure.

17.D. Non-Disclosure and Non-Disparagement

18. Personal Guarantee

Subscriber personally guarantees all debts and liabilities under this Agreement, including but not limited to Fees, arbitration fees (Section 21.C), chargeback penalties (Section 4.D), and liquidated damages. Provider may pursue Subscriber personally via litigation or arbitration, including wage garnishment or liens on personal, business, and/or portfolio properties, to enforce payment obligations. If Subscriber’s entity claims inability to pay any amounts owed, including arbitration fees, Subscriber personally guarantees and is responsible for securing payment, including through third-party financing if necessary, and shall cover any additional fees charged by such third parties.

19. Updates to Terms of Agreement

Subscriber must review terms each time an Order is placed or the Subscriber logs in, and should also check the terms each month for updates on the 1st and 15th of the month, as terms may change without notice unless required by law. Continued use or possession of equipment after changes indicates acceptance. In the event Subscriber disapproves of changes, Subscriber may terminate the Agreement by providing written notice to GateGuard within 14 days of the updated terms, subject to the Device and Service Termination Fees in Section 5.B.

20. Terms of Use and Privacy Policy

Subscriber agrees to Provider’s Website Terms of Service and Privacy Policy, which governs data access and use as described in Section 24. Continued use after updates indicates acceptance.

21. Miscellaneous

21.A. Assignment

Neither Party may assign rights/obligations without consent, except to Affiliates or in mergers/sales, provided the assignee agrees to terms.

21.B. Force Majeure

Provider is excused from performance delays due to uncontrollable events, including but not limited to cyberattacks, supply chain disruptions, and changes in applicable laws or regulations.

21.C. Arbitration

Disputes are resolved via AAA arbitration in Miami-Dade County, FL, unless GateGuard, at its sole discretion, opts to move a case to court or initiate a case in court without arbitration. GateGuard may waive arbitration to pursue more robust discovery necessary to protect its trade secrets and proprietary information. Subscriber may not move a case from arbitration to court or avoid arbitration if GateGuard insists on arbitration, as Subscriber does not provide trade secrets or proprietary information requiring such discovery. Subscriber shall pay all arbitration fees, including but not limited to AAA administrative fees, arbitrator fees, and related costs, regardless of the outcome of the arbitration. Subscriber personally guarantees and is responsible for these arbitration fees, even if Subscriber’s entity claims inability to pay, and GateGuard may pursue Subscriber personally via litigation, wage garnishment, or liens to enforce payment, as outlined in Section 18.

Subscriber waives any right to participate in a class action or representative action against GateGuard. Before initiating arbitration, the Parties shall engage in good-faith negotiations for 30 days to resolve disputes. Subscriber must submit a written dispute notice to GateGuard detailing the issue.

Provider may at any time require Subscriber to use a third-party e-Discovery vendor for disputes, bearing all costs, and to connect any and all personal and work email, devices, telecom services, messaging services, and document and file storage services, with vendor data shared with GateGuard.

21.D. Governing Law

Florida law applies, with exclusive jurisdiction and venue in the state courts of Miami-Dade County, Florida, or the United States District Court for the Southern District of Florida (SDFL), as specified in Introduction.

21.E. Notices

Must be in writing, effective upon delivery or confirmed receipt.

21.F. Relationship

Parties are independent contractors, not partners or agents.

21.G. Severability

If any provision is held invalid or unenforceable, the remaining provisions will continue in full force and effect.

21.H. Legal Review

Subscriber acknowledges they have reviewed this Agreement with legal counsel or had the opportunity to do so.

22. Disclaimer

GateGuard is not a security device or alarm system, and cannot be used as one. We do not make any representations or guarantees as to protecting people or property in or around any GateGuard device.

23. Schedule A: Support and Maintenance; Service Levels

23.A. Support

23.B. Service Levels

23.C. Labor Rates

23.D. Additional Pricing

23.E. Device Replacement

24. Data Access and Usage Rights

24.A. Consent to Access

Subscriber consents to GateGuard accessing, reading, storing, and using all communications and data in Subscriber’s accounts (e.g., Gmail, Meta, Microsoft, or other platforms) connected to GateGuard’s services, including but not limited to emails, messages, and account activity. This access may be facilitated through Subscriber’s voluntary connection of such accounts for services like fee scanning, discount identification, instant login, and/or system integration.

24.B. Purposes

GateGuard may use accessed data for any purpose, including but not limited to advertising, litigation, trade secret protection, research, quality control, fraud prevention, developing new features and services, and/or defending against false claims or defamation. GateGuard may store data indefinitely and share it with third parties (e.g., legal counsel, advertisers) as needed to achieve these purposes, subject to applicable law.

24.C. No Liability

Subscriber acknowledges that GateGuard is not liable for any loss, damage, or claim arising from GateGuard’s access, use, or storage of Subscriber’s data, except in cases of GateGuard’s gross negligence or willful misconduct.

24.D. Subscriber Representations

Subscriber represents that they have the authority to grant GateGuard access to connected accounts and that such access does not violate third-party rights or applicable laws. Subscriber shall indemnify GateGuard against claims arising from unauthorized access or data use (Section 9.B).

24.E. Opt-Out

Subscriber may opt out of connecting accounts but acknowledges that doing so may limit access to certain services (e.g., fee scanning, discounts). Opting out does not affect GateGuard’s rights to data already accessed or collected.

24.F. Communication for Marketing and Support

By engaging with our site and/or services and/or by contacting us in any way, you expressly consent to us contacting you, your staff, and your teammates via text message, phone call, WhatsApp, fax, email, or other communication methods on any personal or work devices associated with you or listed in records connected to properties that may benefit from our services. This includes, but is not limited to, marketing, promotional, or informational communications related to our offerings. You may opt out of these communications at any time by following the unsubscribe instructions provided in the message or by contacting us directly, in accordance with applicable laws and regulations. You consent to our use of AI and other computer generated or assisted messaging for these and all messages.



25. Storage Devices and Smart Lockers

Subscriber grants GateGuard the right to place lockers, smart lockers, crates, containers, and other storage devices in basements, utility rooms, outdoor areas, rooftops, and/or under stairwells of Subscriber’s properties at no charge. These devices may be used to supply parts and materials to GateGuard technicians for Subscriber’s property and nearby clients (within a 100-mile radius) to expedite repairs. GateGuard may also use these devices for its own operational needs, sell access to them, rent them, and/or sell products and services from them. GateGuard may install smart locks and/or coded key boxes in or near doors and/or gates required to access these lockers. GateGuard may use the property’s power and internet to operate these devices. GateGuard is not responsible for any violations, fines, or penalties incurred by the property due to the installation or use of these devices. Subscriber grants this right in consideration of the faster support and lower-costs such a network of supply locations enables or might enable.

26. Solar Power and Battery Storage

GateGuard may install solar power and/or battery storage devices in, on, under, on top, or on the sides of Subscriber’s properties to power GateGuard devices and ancillary equipment (e.g., antennas, access points, routers, computers, servers, rigs, smart lockers, smart boxes, locks, cameras). Subscriber grants GateGuard access to these locations at no charge, and GateGuard may use the property’s power and internet to support these installations as needed.

27. Server and Computer Equipment

GateGuard may install servers, backup devices, battery backups, server racks, cooling devices, and other computer equipment on Subscriber’s properties to power the GateGuard network and provide distributed services, backup, and computational power for GateGuard’s operations. GateGuard may connect these devices to the building’s power and water supply at no cost to GateGuard. GateGuard shall not be responsible for any power or water bills resulting from the operation of these devices.

WITNESS THEREOF, this Agreement is entered and agreed to by the Parties upon the Effective Date.