SILICON DATA TERMS OF SERVICE

Last Updated: November 15, 2024

These terms of service (this “Agreement”) constitute a binding legal agreement between the company or other legal entity you represent (“Customer”) and Silicon Derivatives Inc., a Delaware corporation (“Silicon Data”, “we”, or “us”), and govern Customer’s use of the SiliconNavigatorTM service, the SiliconCarbonTM service, and all other portals, applications, APIs, and services associated with the website https://www.silicondata.com, any mobile or desktop application that provides or links to this Agreement, or that is otherwise provided by Silicon Data to Customer (collectively, the “Services”).

BY ACCEPTING THIS AGREEMENT, YOU ARE ENTERING INTO A MUTUALLY BINDING AGREEMENT BETWEEN CUSTOMER AND SILICON DATA AS TO THE TERMS SET FORTH BELOW AND REPRESENT THAT YOU HAVE SUCH AUTHORITY ON BEHALF OF CUSTOMER. WITHOUT LIMITING THE FOREGOING, BY USING THE SERVICES, CUSTOMER ACCEPTS AND AGREES TO BE BOUND BY THIS AGREEMENT. IF CUSTOMER DOES NOT AGREE TO THE TERMS OF THIS AGREEMENT, CUSTOMER MUST NOT ACCESS OR USE THE SERVICES.

THESE TERMS CONTAIN AN ARBITRATION PROVISION WITH A CLASS ACTION WAIVER AND A WAIVER OF THE RIGHT TO A JURY. PLEASE REVIEW SECTION 12 BELOW BEFORE USING THE SERVICES.

Silicon Data may change any of the terms of this Agreement at any time, at our sole discretion. Please check periodically for updates to this Agreement so you are aware of any changes. We will notify Customer of any changes to this Agreement that materially modify Customer’s rights or obligations (“Material Modifications”) by e-mail to the address provided in Customer’s account profile and/or by posting a notice in our applications. Any Material Modifications will be effective upon Customer’s acceptance of the modified agreement, or upon the Customer’s continued use of the Services after we send or post a notice of the changes, whichever is earlier. Changes to this Agreement that do not materially modify Customer’s rights or obligations will be effective immediately upon publication. However, any disputes arising under this Agreement will be resolved pursuant to the version of this Agreement in effect at the time the dispute arose.

Definitions.

Usage Data” means any and all data and information related to Customer’s use of the Services, including data regarding Customer’s interaction with the Services and any queries or other data submitted by Customer to the Services.

Authorized User” means Customer’s employees, consultants, contractors, and agents (i) who are authorized by Customer to access and use the Services under the rights granted to Customer pursuant to this Agreement, (ii) for whom access to the Services has been purchased hereunder, and (iii) who have been provide a user account on the Services. Customer shall be responsible for ensuring that user account login credentials are only used by the individual to whom they are issued.

Documentation” means Silicon Data’s end-user documentation relating to the Services made available on Silicon Data’s websites or applications from time to time.

Service Data” means any and all data or other content made available to Customer in or through any of the Services. For clarity, all references to “Services” hereunder include Service Data.

Silicon Data IP” means the Services, the Documentation, and any and all intellectual property provided to customers or any Authorized User in connection with the foregoing. For the avoidance of doubt, Silicon Data IP includes Usage Data.

Invoice” means an invoice generated by Silicon Data on behalf of Customer as part of the Services provided hereunder.

Parties” means Silicon Data and Customer.

Fees.

If requested by Customer and agreed by Silicon Data in its sole discretion, Silicon Data may offer Customer a limited free trial of certain Services. The Services provided during the free trial may have limited or reduced functionality, and may be limited to a certain number of authorized users and/or API calls, in either case, in Silicon Data’s sole discretion. Silicon Data may terminate the Services during a free trial period at any time and for any reason. If Customer does not terminate the applicable Services by the end of the free trial period, Customer agrees to subscribe to such Service(s) for the subscription period(s) specified at the time of Customer’s enrollment in the free trial and to pay all Fees applicable from and after the end of the free trial period, as provided below.

Customer will pay Silicon Data the fees and charges (collectively, “Fees”) applicable to the Services that Customer has subscribed to, as set forth in Customer’s order confirmation for such Services, for so long as Customer continues to subscribe to such Services. Without limiting the foregoing obligation, Customer authorizes Silicon Data to charge the Fees to the payment method that Customer has on file with Silicon Data.

Silicon Data reserves the right to change the Fees and to institute new Fees upon thirty (30) days’ prior notice to Customer (which may be sent by email). If Customer believes that Silicon Data has billed Customer incorrectly, Customer must contact Company no later than sixty (60) days after the closing date on the first billing statement in which the error or problem appeared, in order to receive an adjustment or credit.

Silicon Data may choose to bill through an invoice, in which case, full payment for any invoice must be received by Company no later than thirty (30) days after Customer’s receipt of the invoice. Unpaid amounts are subject to a finance charge of 1.5% per month on any outstanding balance, or the maximum permitted by law, whichever is lower, plus all expenses of collection and may result in immediate termination of Service. Customer shall be responsible for all taxes associated with Services other than U.S. taxes based on Company’s net income.

Access and Use.

Provision of Access. Subject to and conditioned on Customer’s compliance with all other terms and conditions of this Agreement, Silicon Data hereby grants Customer a non-exclusive, non-transferable (except in compliance with Section 13(f)) right to access and use the Services during the Term, solely for use by Authorized Users in accordance with the terms and conditions herein. Such use is limited to Customer’s internal use. Silicon Data shall provide Customer with the necessary passwords and network links or connections to allow Customer to access the Services.

Documentation License. Subject to the terms and conditions contained in this Agreement, Silicon Data hereby grants to Customer a non-exclusive, non-sublicensable, non-transferable (except in compliance with Section 13(f)) license to use the Documentation during the Term solely for Customer’s internal business purposes in connection with its use of the Services.

Use Restrictions. Customer shall not at any time, directly or indirectly, and shall not permit any Authorized Users to: (i) distribute, display, or otherwise make available any of the Services or Documentation (or any data, services, or materials based on or derived from the Services or Documentation) to any third party; except that (A) Customer may reproduce limited extracts of Service Data in reports, presentations, articles, or similar works, provided in each case that (1) such extracts could not reasonably serve as a substitute for any of the Services, (2) Silicon Data is prominently attributed as the source of the extracted Service Data, and (3) Customer ceases any such reproduction (or series of reproductions) upon Silicon Data’s request and (B) Customer may create, use, and distribute data or content derived from Service Data solely to the extent specifically authorized by Silicon Data by email or otherwise in writing (please reach out to support@silicondata.com with any such requests); (ii) reverse engineer, disassemble, decompile, decode, adapt, or otherwise attempt to derive or gain access to any software component of the Services, in whole or in part; (iii) remove any proprietary notices from the Services or Documentation; or (iv) use the Services or Documentation in any manner or for any purpose that infringes, misappropriates, or otherwise violates any intellectual property right or other rights of any person, or that violates any applicable law.

Reservation of Rights. Silicon Data reserves all rights not expressly granted to Customer in this agreement. Except for the limited rights and licenses expressly granted under this Agreement, nothing in this Agreement grants, by implication, waiver, estoppel, or otherwise, to Customer or any third party any intellectual property rights or other rights, title, or interest in or to the Silicon Data IP.

Suspension. Notwithstanding anything to the contrary in this Agreement, Silicon Data may temporarily suspend Customer’s and any Authorized User’s access to any portion or all of the Services if: (i) Silicon Data reasonably believes that: (A) Customer is misusing any Silicon Data IP; (B) Customer’s or any Authorized User’s use of the Silicon Data IP disrupts or poses a security risk to the Silicon Data IP or to any other Customer or vendor of Silicon Data; (C) Customer, or any Authorized User, is using the Silicon Data IP for fraudulent or illegal activities; (D) subject to applicable law, Customer has ceased to continue its business in the ordinary course, made an assignment for the benefit of creditors or similar disposition of its assets, or become the subject of any bankruptcy, reorganization, liquidation, dissolution, or similar proceeding; or (E) Silicon Data’s provision of the Services to Customer or any Authorized User is prohibited by applicable law; or (ii) any vendor of Silicon Data has suspended or terminated Silicon Data’s access to or use of any data, services or products required to provide the Services to Customer (any such suspension described in subclause (i) or (ii), a “Service Suspension”). Silicon Data shall use commercially reasonable efforts to provide written notice of any Service Suspension to Customer and to provide updates regarding resumption of access to the Services following any Service Suspension. Silicon Data shall use commercially reasonable efforts to resume providing access to the Services after the event giving rise to the Service Suspension is cured. Silicon Data will have no liability for any damage, liabilities, losses (including any loss of data or profits), or any other consequences that Customer or any Authorized User may incur as a result of a Service Suspension.

Usage Data. Notwithstanding anything to the contrary in this Agreement, Silicon Data may monitor Customer’s use of the Services and collect and compile Usage Data. As between Silicon Data and Customer, all rights, title, and interest in Usage Data, and all intellectual property rights therein, belong to and are retained solely by Silicon Data. Customer agrees that Silicon Data may (i) make aggregated statistics based on Usage Data publicly available in compliance with applicable law, and (ii) use Usage Data to the extent and in the manner permitted under applicable law.

Consent to Electronic Signature and Communications. You agree that submitting your application for a Silicon Data account and indicating your agreement to the terms of this Agreement electronically during the application process constitutes your electronic signature to this Agreement. You also agree that your electronic consent has and will have the same legal effect as a physical signature. By agreeing to the terms of the Agreement, you consent to us providing Notices (as defined in Section 13(b)) and account statements to you electronically, and understand that this consent has the same legal effect as a physical signature.

Usage Limitations. Silicon Data reserves the right to throttle or otherwise limit Customer’s and its Authorized Users’ use of the Services without notice, including by imposing limits on the number of API calls.

Customer Responsibilities.

General. Customer is responsible and liable for all uses of the Services and Documentation resulting from access provided by Customer, directly or indirectly, whether such access or use is permitted by or in violation of this Agreement. Without limiting the generality of the foregoing, Customer is responsible for all acts and omissions of Authorized Users, and any act or omission by an Authorized User that would constitute a breach of this Agreement if taken by Customer will be deemed a breach of this Agreement by Customer. Customer shall use reasonable efforts to make all Authorized Users aware of this Agreement’s provisions as applicable to such Authorized User’s use of the Services, and shall cause Authorized Users to comply with such provisions.

Third-Party Products. Silicon Data may from time to time make products offered by third parties (the “Third Party Products”) available to Customers. For purposes of this Agreement, such Third-Party Products are subject to their own terms and conditions and the applicable flow-through provisions. If Customer does not agree to abide by the applicable terms for any such third-Party Products, then Customer must not install or use such Third-Party products.

Service Availability.

Silicon Data makes no representation, warranty, or covenant regarding the availability of the Services.

Privacy Policy.

Silicon Data’s use of data collected from or regarding Customer is subject to its Privacy Policy, located at https://www.silicondata.com/privacy-policy, to the extent applicable.

Intellectual Property Ownership; Feedback.

Silicon Data IP. Customer acknowledges that, as between Customer and Silicon Data, Silicon Data owns all right, title, and interest, including all intellectual property rights, in and to the Silicon Data IP and, with respect to Third-Party Products, either Silicon Data or the applicable third-party providers own all rights, title, and interest, including all intellectual property rights, in and to the Third-Party Products.

Customer Name and Logo. Customer grants to Silicon Data permission to use Customer’s name and logo on Silicon Data’s website or in Silicon Data’s marketing materials; provided that any such name and logo are used solely in a manner that is not intended to or reasonably likely to harm or disparage Customer or its reputation or goodwill.

Feedback. If Customer or any of its Authorized Users sends or transmits any communications or materials to Silicon Data by mail, email, telephone, or otherwise, suggesting or recommending changes to the Services or any new services, including without limitation, new features or functionality relating thereto, or any comments, questions, suggestions, or the like (collectively, “Feedback”), Customer hereby grants Silicon Data a worldwide, perpetual, irrevocable, and fully-paid up right and license use such Feedback in any manner, without acknowledgement or compensation.

Warranty Disclaimer.

THE SERVICES AND THE SILICON DATA IP ARE PROVIDED “AS IS” AND SILICON DATA HEREBY DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE. SILICON DATA SPECIFICALLY DISCLAIMS ALL IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT, AND ALL WARRANTIES ARISING FROM THE COURSE OF DEALING, USAGE, OR TRADE PRACTICE. SILICON DATA MAKES NO WARRANTY OF ANY KIND THAT THE SILICON DATA IP, OR ANY RESULTS OF THE USE THEREOF, WILL MEET CUSTOMER’S OR ANY OTHER PERSON’S REQUIREMENTS, OPERATE WITHOUT INTERRUPTION, ACHIEVE ANY INTENDED RESULT, BE COMPATIBLE OR WORK WITH ANY SOFTWARE, SYSTEM, OR OTHER SERVICES, OR BE SECURE, ACCURATE, COMPLETE, FREE OF HARMFUL CODE, OR ERROR FREE.

Indemnification.

Customer shall indemnify, hold harmless, and, at Silicon Data’s option, defend Silicon Data from and against any and all losses, damages, liabilities, costs (including reasonable attorneys’ fees) (“Losses”) resulting from any third-party claim, suit, action, or proceeding (“Third-Party Claim”) arising from Customer’s or any Authorized User’s (i) negligence or willful misconduct; (ii) use of the Services in a manner not authorized by this Agreement; (iii) use of the Services in combination with data, software, hardware, equipment, or technology not provided by Silicon Data or authorized by Silicon Data in writing; or (iv) modifications to the Services not made by Silicon Data, provided that Customer may not settle any Third-Party Claim against Silicon Data unless Silicon Data consents to such settlement, and further provided that Silicon Data will have the right, at its option, to defend itself against any such Third-Party Claim or to participate in the defense thereof by counsel of its own choice.

Limitations of Liability.

IN NO EVENT WILL SILICON DATA BE LIABLE UNDER OR IN CONNECTION WITH THIS AGREEMENT UNDER ANY LEGAL OR EQUITABLE THEORY, INCLUDING BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, AND OTHERWISE, FOR ANY: (a) CONSEQUENTIAL, INCIDENTAL, INDIRECT, EXEMPLARY, SPECIAL, ENHANCED, OR PUNITIVE DAMAGES; (b) INCREASED COSTS, DIMINUTION IN VALUE OR LOST BUSINESS, PRODUCTION, REVENUES, OR PROFITS;(c) LOSS OF GOODWILL OR REPUTATION; (d) USE, INABILITY TO USE, LOSS, INTERRUPTION, DELAY, OR RECOVERY OF ANY DATA, OR BREACH OF DATA OR SYSTEM SECURITY; OR (e) COST OF REPLACEMENT GOODS OR SERVICES, IN EACH CASE REGARDLESS OF WHETHER SILICON DATA WAS ADVISED OF THE POSSIBILITY OF SUCH LOSSES OR DAMAGES OR SUCH LOSSES OR DAMAGES WERE OTHERWISE FORESEEABLE. IN NO EVENT WILL SILICON DATA’S AGGREGATE LIABILITY ARISING OUT OF OR RELATED TO THIS AGREEMENT UNDER ANY LEGAL OR EQUITABLE THEORY, INCLUDING BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, AND OTHERWISE EXCEED THE TOTAL AMOUNTS PAID TO SILICON DATA UNDER THIS AGREEMENT IN THE 6-MONTH PERIOD PRECEDING THE EVENT GIVING RISE TO THE CLAIM OR $10,000, WHICHEVER IS LESS.

Term and Termination.

Termination. This Agreement or any Services provided hereunder can be terminated (i) by Silicon Data at any time upon prior written notice to Customer (subject, for clarity, to any applicable refund pursuant to Section 11(b) below) or (ii) by Customer, effective with respect to each terminated Service at the end of the then-current subscription period for such Service. In addition, this Agreement shall automatically terminate upon closing Customer’s Silicon Data account. The period during which this Agreement is effective is referred to herein as the “Term”.

Effect of Termination. If Silicon Data terminates this Agreement or any Service(s) and Customer did not breach this Agreement, Silicon Data will reasonably promptly refund to Customer any prepaid Fees for the affected Service(s) applicable to the post-termination period. Upon termination of a Service or this Agreement: (i) Customer shall immediately discontinue use of the terminated Services and all associated Silicon Data IP; (ii) Customer shall delete, destroy, or return all copies of such Silicon Data IP; and (iii) upon Silicon Data’s request, Customer shall certify in writing to Silicon Data that such Silicon Data IP has been deleted or destroyed.

Survival. All sections of this Agreement which by their nature should survive termination will survive termination, including, without limitation indemnities, warranty disclaimers, and limitations of liability.

Arbitration.

In order to expedite and control the cost of disputes, Silicon Data and Customer agree that any legal or equitable claim, dispute, action, or proceeding arising from or related to the Services or this Agreement (“Dispute”) will be resolved by arbitration if the Parties are unable to reach an agreement through negotiation of the dispute. This applies to all Disputes, whether based on contract, tort, statute, fraud, misrepresentation, or any other legal theory, even if the Dispute arises after the termination of this Agreement.

Exceptions to Arbitration Agreement. Despite this arbitration agreement, both Customer and Silicon Data will still be able to: (a) bring an individual action in small claims court; (b) bring an individual action seeking injunctive relief in a court of law; (c) bring suit regarding intellectual property infringement, and (d) bring issues to the attention of federal, state, or local agencies, which may result in legal action.

Binding Arbitration. To the fullest extent permitted under law, any arbitration between Customer and Silicon Data will be settled under the Federal Arbitration Act, and will be administered by the American Arbitration Association (“AAA”) pursuant to its Commercial Arbitration Rules in effect at the time the Dispute is filed (the “AAA Rules”), as modified by this Agreement. Information about AAA and the AAA Rules and filing process is available at http://www.adr.org/. ALL DISPUTES WILL BE RESOLVED BEFORE A NEUTRAL ARBITRATOR, WHOSE DECISION WILL BE FINAL EXCEPT FOR THE LIMITED RIGHT OF APPEAL UNDER THE FEDERAL ARBITRATION ACT. The arbitration will take place in New York, New York, and be conducted in English by one arbitrator.

Filing Period. TO THE FULLEST EXTENT PERMITTED BY LAW, ANY DISPUTE UNDER THESE TERMS MUST BE FILED WITHIN ONE (1) YEAR IN AN ARBITRATION PROCEEDING. The one-year period begins when the events giving rise to the Dispute first occur. If a claim is not submitted within one year, it is permanently barred. This period can only be extended with the written consent of both Parties. No statutes or provisions of law that would toll or otherwise affect the time in which a party may bring a claim shall operate to extend the period limited in this Section, and any such statutes and provisions are hereby waived, to the fullest extent permitted by law.

Miscellaneous.

Entire Agreement. This Agreement, together with any other documents incorporated herein by reference and all related Exhibits, constitutes the sole and entire agreement of the Parties with respect to the subject matter of this Agreement and supersedes all prior and contemporaneous understandings, agreements, and representations and warranties, both written and oral, with respect to such subject matter. In the event of any inconsistency between the statements made in this Agreement and any terms of Third Party Products, the following order of precedence governs:(i) first, this Agreement, (ii) second, the terms of the Third Party Product.

Notices. All notices, requests, consents, claims, demands, waivers, and other communications hereunder (each, a “Notice”) must be in writing and delivered by email. Customer shall send Notices for Silicon Data to support@silicondata.com. Silicon Data shall send Notices for Customer to the email address for Customer associated with Customer’s account profile on the Services.

Force Majeure. In no event shall Silicon Data be liable to Customer, or be deemed to have breached this Agreement, for any failure or delay in performing its obligations under this Agreement, if and to the extent such failure or delay is caused by any circumstances beyond Silicon Data’s reasonable control, including but not limited to acts of God, flood, fire, earthquake, explosion, war, terrorism, invasion, riot or other civil unrest, strikes, labor stoppages or slowdowns or other industrial disturbances, or passage of a law or any action taken by a governmental or public authority, including imposing an embargo.

Severability. If any provision of this Agreement is invalid, illegal, or unenforceable in any jurisdiction, such invalidity, illegality, or unenforceability will not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any other jurisdiction. Upon such determination that any term or other provision is invalid, illegal, or unenforceable, the Parties shall negotiate in good faith to modify this Agreement so as to affect their original intent as closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the greatest extent possible.

Governing Law; Submission to Jurisdiction. This Agreement is governed by and will be construed in accordance with the internal laws of the State of New York without giving effect to any choice or conflict of law provision or rule that would require or permit the application of the laws of any jurisdiction other than those of the State of New York.

Assignment. Customer may not assign any of its rights or delegate any of its obligations hereunder, in each case whether voluntarily, involuntarily, by operation of law or otherwise, without the prior written consent of Silicon Data. Silicon Data may assign its rights upon written notice to Customer. Any purported assignment or delegation in violation of this Section will be null and void. No assignment or delegation will relieve the assigning or delegating Party of any of its obligations hereunder. This Agreement is binding upon and inures to the benefit of the Parties and their respective permitted successors and assigns.

Equitable Relief. Each Party acknowledges and agrees that a breach or threatened breach by such party of any of its obligations under Section 3(c), would cause the other Party irreparable harm for which monetary damages would not be an adequate remedy and agrees that, in the event of such breach or threatened breach, the other Party will be entitled to equitable relief, including a restraining order, an injunction, specific performance, and any other relief that may be available from any court, without any requirement to post a bond or other security, or to prove actual damages or that monetary damages are not an adequate remedy. Such remedies are not exclusive and are in addition to all other remedies that may be available at law, in equity, or otherwise.