Intellectual Property Policy

Intellectual Property Rights Policy - GREYSTAR BIOTECH PRIVATE LIMITED

Intellectual Property Rights Policy

Effective Date: [Insert Effective Date]

This Intellectual Property Rights Policy ("Policy") governs the ownership, protection, use, licensing, and enforcement of intellectual property associated with GREYSTAR BIOTECH PRIVATE LIMITED ("Company", "Greystar Biotech", "we", "our", or "us").

All users, customers, Independent Business Owners (IBOs), distributors, affiliates, vendors, business partners, visitors, and other stakeholders accessing the Company's website, mobile application, products, services, marketing materials, business systems, or digital platforms are required to comply with this Policy.

1. Company Information

Company Name: GREYSTAR BIOTECH PRIVATE LIMITED

CIN: U47190BR2024PTC068150

Registered Office: DS1D, Ward No. 12, Village Post Begampur, Samastipur, Bihar – 848101, India

Email: support@greystarworld.in

2. Ownership of Intellectual Property

Unless otherwise stated, all intellectual property rights appearing on or relating to the Company's business operations are owned by or licensed to GREYSTAR BIOTECH PRIVATE LIMITED.

Such intellectual property includes, but is not limited to:

  • Company Name
  • Brand Names
  • Trade Names
  • Logos
  • Trademarks
  • Service Marks
  • Product Names
  • Product Packaging Designs
  • Website Design
  • Mobile Application Design
  • Source Code
  • Software Systems
  • Compensation Plans
  • Training Materials
  • Business Methods
  • Marketing Materials
  • Graphics
  • Videos
  • Photographs
  • Documents
  • Articles
  • Brochures
  • Catalogues
  • Presentations
  • Databases
  • Customer Lists
  • Distributor Information
  • Business Reports
  • Proprietary Information

3. Trademark Protection

All trademarks, logos, brand names, slogans, trade dress, and service marks displayed on the Company's platforms are the exclusive property of the Company or their respective owners.

No person shall use, reproduce, imitate, modify, publish, register, display, distribute, or commercially exploit any trademark without obtaining prior written authorization from the lawful owner.

4. Copyright Protection

All content published by the Company including text, graphics, designs, software, source code, videos, images, documents, downloadable materials, training resources, and marketing materials are protected under applicable copyright laws.

Unauthorized copying, reproduction, distribution, modification, adaptation, republication, transmission, display, sale, licensing, or commercial exploitation is strictly prohibited.

5. Limited License for Use

The Company grants users a limited, non-exclusive, non-transferable, revocable license to access and use the website and mobile application solely for lawful personal and business purposes related to the Company's products and services.

This license does not transfer ownership of any intellectual property rights.

6. Restrictions on Use

Users, distributors, and IBOs shall not:

  • Copy Company websites or applications.
  • Republish Company content.
  • Create derivative works.
  • Modify Company logos.
  • Reverse engineer software systems.
  • Sell or sublicense Company content.
  • Use Company trademarks in domain names.
  • Register confusingly similar trademarks.
  • Misrepresent ownership of Company intellectual property.
  • Use Company materials for competing businesses.

7. Distributor and IBO Usage Rights

Independent Business Owners (IBOs) may use approved Company marketing materials solely for promoting Company products and business opportunities.

IBOs shall not:

  • Create unauthorized marketing materials.
  • Alter official Company logos.
  • Modify compensation plan documents.
  • Create misleading advertisements.
  • Claim ownership of Company intellectual property.

8. User-Generated Content

Where users submit reviews, testimonials, comments, photographs, videos, suggestions, feedback, or other content, the user grants the Company a worldwide, royalty-free, perpetual, non-exclusive right to use, reproduce, modify, publish, display, distribute, and promote such content for business purposes, subject to applicable laws.

9. Confidential and Proprietary Information

Certain information made available to distributors, IBOs, employees, vendors, and partners may be confidential and proprietary.

Such information shall not be disclosed, copied, distributed, sold, transferred, or used for unauthorized purposes.

10. Domain Names and Social Media Accounts

No person may register, purchase, create, operate, or control any website, domain name, social media page, group, profile, channel, or account that:

  • Uses Company trademarks without permission.
  • Creates confusion regarding Company affiliation.
  • Impersonates the Company.
  • Misleads consumers or distributors.

11. Reporting Intellectual Property Violations

Any suspected infringement of Company intellectual property rights may be reported to the Company with supporting evidence.

The Company reserves the right to investigate all reported violations and take appropriate action.

12. Enforcement and Remedies

Where intellectual property violations are identified, the Company may:

  • Issue cease-and-desist notices.
  • Demand removal of infringing content.
  • Suspend or terminate user accounts.
  • Withhold commissions or benefits.
  • Initiate civil proceedings.
  • Initiate criminal proceedings where applicable.
  • Seek damages, injunctions, and other legal remedies.

13. Third-Party Intellectual Property

Certain trademarks, logos, images, software, and materials displayed on the Company's platforms may belong to third parties.

Such intellectual property remains the property of its respective owners and is protected under applicable laws.

14. Limitation of Liability

The Company shall not be liable for any unauthorized use of intellectual property by third parties beyond its reasonable control.

Users remain responsible for ensuring that their own activities comply with applicable intellectual property laws.

15. Policy Amendments

GREYSTAR BIOTECH PRIVATE LIMITED reserves the right to amend, modify, update, replace, suspend, or withdraw this Policy at any time without prior notice.

The latest version published on the Company's website shall prevail.

16. Governing Law and Jurisdiction

This Policy shall be governed by and construed in accordance with the laws of India.

All disputes arising under or relating to this Policy shall be subject to the exclusive jurisdiction of the competent courts located in Samastipur, Bihar.

17. Contact Information

GREYSTAR BIOTECH PRIVATE LIMITED
CIN: U47190BR2024PTC068150
DS1D, Ward No. 12, Village Post Begampur,
Samastipur, Bihar – 848101, India
Email: support@greystarworld.in

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