Any equipment left in posession of PoundTeam Incorporated without any form of agreement for storage in writing (email, US Postal Mail or other form of written communication) will be charged a $10 per week per server fee against the owner’s account for “warm storage”. This fee will be used to maintain the equipment in essentially the same state it was when it was “online” with a valid hosting agreement, except without power or IP address (but still on the shelf, ready to be turned on and re-networked when monthly hosting is paid in full). If the client’s account does not have enough funds to maintain “warm storage”, the equipment will be moved to “cold storage”.
A server in cold storage may take several days to retrieve, reconnect and put back online. The fee for cold storage with no agreement in writing (and a positive balance account) is $10 per month per server, which covers PoundTeam’s risk of loss and involuntary responsiblity to secure said equipment. If a written agreement exists, but the account does not have the funds to cover the agreement, the agreement becomes null and void and the standard cold storage weekly fee of $10 per server goes into effect. If an account has been negative for over 90 days and storage fees have not been paid, said equipment will be considered abandoned and will be used for spare parts to cover the storage fees. In this situation (equipment left in posession of PoundTeam with a negative balance account for over 90 days) said equipment will become property of PoundTeam Incorporated and disposed of at our sole discretion.
This term applies regardless of the value of the server, the cost of the server, the value of the data that was on the server, etc. The data will be deleted, the parts will be harvested and the servers will be recycled to cover the cost of the storage without exception and without recourse by the owner if any account is left negative for 90 days or more. No employee, director or officer of PoundTeam Incorporated is authorized to make a verbal exception to this rule. Any requests to make an exception to this rule MUST BE IN WRITING and must be made before the account in question reaches 90 days.