Terms of Service for Paid Plans

Chapter 1 General Provisions

Article 1 (Purpose)

These provisions aim to prescribe Fasoo Co., Ltd (hereafter "the Company") and its users' rights, obligations, and responsibilities in using wired and wireless internet service, Wrapsody service (hereafter "the Service").

Article 2 (Effect and Changes of Terms of Services)

The contents of these Terms of Services are posted on the service’s Internet homepage (http://www.wrapsodycloud.com, hereinafter “Home page”) service screen or otherwise disclosed to the member, and payment takes effect when the member who agrees to this, subscribes to the paid product, and pays for it.

The company can change these Terms of Services if it is deemed necessary. When the company changes the terms and conditions, the date of application and the reason for the change are specifically stated and announced 14 days before the date of application in the same manner of this article. However, If the modification is unfavorable to users, the Company shall post 30 days’ prior notice of such change and notify members individually via email or etc. (If it is difficult to notify the member individually due to the member’s contact information not being written or changed, the notice of the change is posted on the “homepage” to replace the individual notice.)

If the company has taken measures as described in this article when changing this Terms of Service, the Company is not responsible for the member’s damage caused by ignorance of the changed Terms of Service

Article 3 (Other terms and conditions)

Any matters that are not prescribed in this Terms of Service shall be subject to the relevant laws and regulations such as the Act on Promotion of Information and Communication Network Utilization and Information Protection (hereinafter “Information and Communication Network Act”), the Basic Telecommunications Act, and the Telecommunications Business Act, as well as the detailed guidelines to use the Service set by the Company.

The Company, if deemed necessary, can set detailed guidelines to use the Service and announce them in a way described in Article 2.

The contents that the company announces on the bulletin board of the homepage regarding company’s policy changes, enactment and amendment of legislation, and public notices or guidelines of public institutions in relation to these terms and conditions, also form part of the use agreement.

Chapter 2 Service Use Contract of Paid Plans

Article 4 (Establishment of contract of use)

The use agreement is established by the Company when the person who wants to become a member agrees to the Terms of Services and the company accepts the “application of paid product purchase”.

The contract for the use of the paid service between the company and the member is established at the time when the company’s consent reaches the member (when the indication of “purchase/payment, etc.” of the paid service is displayed procedurally to the member).

Article 5 (Purchase Request)

The person who wants to be a member fills out the necessary information according to the purchase application form determined by the company.

Applicants for purchases may be restricted from using the service if they steal information from others, or they may be punished according to related laws.

When purchasing, you must not provide false information, and the company is not responsible for any problems caused by false information.

Article 6 (Acceptance and Limitation of Purchase Request)

The Company accepts the use of the service in the order in which it is received if there is no business or technical obstacle to the member who requested purchase according to the regulations in Article 6.

The company may not approve or withhold consent for any of the following cases:

① In the case of abnormal use determined by the Wrapsody operating principle
② In case of infringement or possible infringement of copyrights of others and distribution exhibitions of pornography
③ When illegal methods are used for services, such as using malicious programs and bugs or exploiting system vulnerabilities.
④ When trying to use the service to make profit
⑤ When violating other regulations prescribed by the Companies

Article 7 (Types of Paid Products)

Information related to the types of paid products, usage fees, etc. is guided through each product page.

The Company may change paid products from time to time, or discontinue the sale of those products, and add new or event products through a certain period of notice.

Article 8 (Suspension and Change of Paid Products)

If it is not possible to provide paid products for reasons such as conversion of business items, abandonment of business, integration between companies, and out of stock, the company notifies the user in the manner specified in the Terms of Service of the Service and compensates the member under the conditions originally proposed by the Company.

Changes to paid products are notified to users who have received or applied for the paid products. In this case, the Company may stop providing the product or cancel the contract, and refunds, etc. will be performed according to the refund procedure for each paid product fee, and stop charging the paid product in proportion to the remaining number of days or refund the relevant price within 3 business days from the termination date. When the company delays the refund of the price to the member, the delayed interest calculated by multiplying the delayed interest rate prescribed by the Enforcement Decree of the Act on Consumer Protection in Electronic Commerce, etc. should be paid for the delayed period.

If you purchase additional paid products, it will be calculated and charged daily until the end of subscription of the existing purchased products, and will be charged at the time of subscription renewal.

Article 9 (Withdrawal of Subscription and Return of Fees)

Members can withdraw their subscription of paid products if they have not use the products within 7 days from the purchasing date. If the member cancels the paid product for reasons attributable to the company, it is subject to Article 10.

The company will return the fee if the fee is incorrectly paid. However, if the user agrees or does not respond to the company’s return notice, the charge may be deducted from the next month’s rate. The company will return the fee in case of erroneous payment. However, if the user agrees or does not respond to the company’s return notice, the charge may be deducted from the next month’s rate.

The company can offset the unpaid charges and return the balance if there are unpaid charges for users who need to return the charges.

Chapter 3 Compensation and Disclaimer

Article 10 (Compensation for Damages)

If the member cannot use the “Paid Service” due to the Company’s fault, the company compensates for this except when it is normalized within 2 hours after the member reports the fact that the Service is not available.

If the member is unable to use the paid product due to the company’s fault, the company compensates the damage after consulting the member for the damage that has been lasted for more than 2 hours from when the member notifies the company (when the company recognizes if they recognize earlier than the user) or when accumulated damages caused by suspension or failure of each month exceeds 12 hours within the limit of the amount calculated by multiplying the average daily rate for the last 3 months (the applicable period if it is less than 3 months) by the number of suspension or failure hours divided by 24.

Members who damage the company in violation of the provisions of these terms and conditions must compensate all damages incurred by the company.

If a member has illegally acted while using a paid product or violated these Terms of Services and the Company receives various complaints including claims for damages or lawsuits from third parties other than the member, the member should indemnify and reimburse any damages to the company.

Article 11 (Disclaimer)

If the Company is unable to provide the Paid Service due to a natural disaster or equivalent force majeure, the Company is exempted from liability for Service provision.

The Company is not responsible for the inability to provide the service due to the inevitable reasons of the telecommunication service or temporarily stop the service due to unavoidable reasons such as repair, replacement, regular inspection, and construction of related facilities.

The Company is not responsible for any damage caused to the member, such as intentional, negligent or inadequate use of the service, due to the member’s fault, the member’s use of the service, and loss of member information or data.

The Company is not responsible for any loss caused by the member’s incorrect information and e-mail address.

The Company is not responsible for losing the expected profits of members using paid products, and is not responsible for damages caused by data obtained through other paid products.

The Company is not responsible for any legal issues arising when a member posts, transmits, stores, or queries data using paid products.

The Company is not obliged to intervene in disputes between members or between a member and a third party that arose from the service as a medium, and is not responsible for reimbursing damages.

The Company is not responsible for any loss or damage caused by the loss or unauthorized use of the ID and password, or the negligence of management, if the member leaks or provides his or her personal information to others.

The Company is not responsible for any damage to the file due to a member’s computer error, termination and error of a third-party-provided program, failures or errors in the network environment, or incorrect storage of the file during upload.

The Company is not responsible for any damage to the member when account is suspended or the archive file is deleted as a result of membership status change, contract expiration, or failure to pay the fee.

The Company does not intervene in the transactions made between the company (hereinafter referred to as the linked company) linked to the service screen suing links or banners and its members, and is not responsible for the transactions.

Article 12 (Jurisdictions)

Lawsuits related to disputes between the company and members are filed with the competent court according to related laws such as the Civil Procedure Act.

Supplementary provisions

These Terms of Service takes effect on November 1, 2020.