Karera Watches Intellectual Property Policy

1. Intellectual Property Rights

At Karera Watches, we understand the importance of these rights and take great care to ensure that our products do not infringe upon the intellectual property rights of any third parties.

Our business operates in full compliance with applicable intellectual property laws in the jurisdictions where we conduct our business, including but not limited to the Republic of the Philippines.

2. Nature of Products Sold

Karera Watches is dedicated to offering luxury-inspired, high-quality timepieces and accessories. Our products, including but not limited to watches, are designed to meet the aesthetic and functional needs of our customers, who seek quality craftsmanship and stylish alternatives to high-end luxury watches. The watches we sell may take inspiration from well-known brands or designs within the luxury market; however, it is critical to note that:

• We do not sell counterfeit or replica watches.

• We do not claim that our products are manufactured by, or affiliated with, any luxury brand.

All product names, trademarks, logos, or other marks that appear on our website, marketing materials, and product listings belong to their respective owners and are used for descriptive purposes only.

3. Acknowledgment of Third-Party Intellectual Property

Karera Watches recognizes and respects the trademarks, patents, copyrights, and other intellectual property rights held by third parties, including but not limited to:

• Trademarks: Logos, brand names, symbols, or other marks that identify a particular company or its products.

• Design Patents: The protection of the ornamental design of a functional item.

• Copyrights: Original works of authorship, including the creative designs of products.

Our products are marketed and sold under the understanding that we are not offering products designed by or officially affiliated with any third-party entities, except where specific rights have been granted through agreements with relevant parties or where such details are clearly disclosed.

4. Design Inspiration, Homage, and Custom Products

At Karera Watches, some of our timepieces are described as being "inspired by" or "homage to" luxury watch brands. These references are intended only to communicate to customers the design aesthetic that inspired our products and should not be construed as direct copies or replicas of the original products. Homage watches are specifically crafted to reflect an appreciation for iconic designs but are not direct reproductions of any trademarked or patented designs owned by third parties.

4.1 No Affiliation with Third-Party Brands

We explicitly disclaim any official connection, partnership, or endorsement from the manufacturers or designers of these luxury watches. Our homage products are independently manufactured, and any references to brand names or designs are purely for comparative purposes. For example, phrases like "Rolex-inspired," "AP-style," or "similar to [Brand]" are used solely to describe a particular style or genre of watch design that is visually similar but does not carry any official branding.

4.2 Custom and Aftermarket Components

In some cases, Karera Watches may offer customization services that include the use of aftermarket components. Any modifications performed on watches are made with third-party, non-branded parts unless otherwise noted. We do not claim that these parts are manufactured or supplied by the original watch brands, and any alterations made by us may void warranties provided by the original manufacturers. Customers acknowledge and accept full responsibility for any such alterations.

5. Disclaimer of Infringement

Karera Watches takes intellectual property rights seriously and strives to avoid any infringement. We perform reasonable due diligence to ensure that our products do not violate the intellectual property rights of any party. However, we make no warranties regarding the non-infringement of any product’s design, branding, or associated materials.

If a product sold by Karera Watches is found to infringe on any intellectual property rights, the Company will take the following steps:

• Promptly investigate the claim.

• Engage with the relevant third party to resolve the issue.

• Remove any infringing products from our sales platforms where applicable.

We encourage any party who believes that their intellectual property rights have been violated to contact us immediately so that we may address the concern in a timely and appropriate manner.

• Contact Information for Intellectual Property Inquiries:

  • Email: CMBRetailGroup@Gmail.com

  • Phone: (+63) 961-817-6682 (Mon-Fri, 9 AM - 5 PM)

6. No Warranties or Endorsements

Karera Watches explicitly disclaims any association with the owners of any trademarks, logos, or brand names mentioned on our website, social media accounts, or other sales channels. Additionally:

• We make no warranties, express or implied, concerning the origin, manufacture, or approval of the products sold through our platforms.

• We do not claim that the watches sold by us are "genuine" products of any luxury brand, unless specifically stated as part of the product description.

Customers are responsible for ensuring that they understand the nature of the products they are purchasing. Descriptions such as "luxury-inspired" or "homage to" are provided to clarify that the items are stylistic interpretations, not genuine products from any particular luxury brand.

7. Indemnification and Legal Liability

By purchasing any product from Karera Watches, you, as the customer, agree to the following terms of indemnity:

• Indemnity Against Claims: You agree to indemnify, defend, and hold harmless Karera Watches, its officers, directors, employees, agents, and affiliates from any and all claims, damages, liabilities, costs, or expenses, including but not limited to attorney's fees, arising out of or related to any intellectual property disputes regarding the products you have purchased.

• No Legal Responsibility for Trademark or Copyright Violations: Karera Watches shall not be held responsible for any legal claims, disputes, or penalties arising from the misinterpretation of our product descriptions as being endorsed or manufactured by a third-party luxury brand. It is the responsibility of the buyer to ensure they understand the nature of the homage products and the lack of affiliation with original luxury brands.

8. Customer Responsibility and Acknowledgment

By purchasing products from Karera Watches, customers acknowledge the following:

• Knowledge of Non-Affiliation: You acknowledge that the products purchased are not affiliated with, endorsed by, or associated with any third-party brand, including but not limited to Rolex, Audemars Piguet, Patek Philippe, or others, unless explicitly stated.

• Non-Genuine Materials: You understand that the components, materials, and branding of Karera Watches’ products do not contain genuine parts or materials from luxury brands unless explicitly specified in the product listing.

• No Warranty from Third-Party Brands: You acknowledge that purchasing a homage or custom watch may void any warranty provided by the original manufacturer of the product, and you accept full responsibility for any implications arising from modifications made to any branded products.

9. Third-Party Links and Content

Karera Watches may provide links to third-party websites or resources for customer convenience. We do not claim ownership or control over the content on these external websites, and you agree that Karera Watches is not responsible for any intellectual property infringements or issues that arise from interactions with third-party websites.

10. Modifications to this Disclaimer

We reserve the right to modify, amend, or update this Intellectual Property Disclaimer at any time without prior notice. Any changes will be posted on our website, and it is the responsibility of the user to review the disclaimer periodically to stay informed of any updates. Continued use of the website or purchase of products following changes to this disclaimer constitutes acceptance of the revised terms.

11. Governing Law and Jurisdiction

This Intellectual Property Disclaimer and any disputes arising from it shall be governed by the laws of the Republic of the Philippines, without regard to conflict of law principles. Any legal actions arising out of this disclaimer or the intellectual property matters related to Karera Watches shall be brought exclusively in the courts of the Philippines.

12. Contact Information for Intellectual Property Matters

Should you have any questions or concerns regarding this Intellectual Property Disclaimer or believe your intellectual property rights have been violated, please contact us at the following:

• Company Name: Karera Watches, owned and managed by CMB Retail Group

• Email: CMBRetailGroup@Gmail.com

• Phone: (+63) 961-817-6682 (Mon-Fri, 9 AM - 5 PM)

Effective Date: October, 2024

This Intellectual Property Disclaimer governs the terms under which Karera Watches ("Company," "We," "Us," "Our") operates in relation to the use of intellectual property in connection with the luxury watches and related accessories sold through our website, social media platforms, and any other sales channels. By accessing or purchasing any product from our store, customers and visitors ("You," "Your") agree to be bound by the following terms and conditions concerning the intellectual property rights and related legal responsibilities.