License Agreement

for

IndexArb’s Subscription Services

 

This document is a license Agreement for subscription services between EnterLicenseeOrganizationHere (Licensee) and Ergo Inc. (the services provider), a California corporation that owns and publishes the www.indexarb.com website.

 

The contact information for the Licensee follows:

   Enter Licensee Primary Contact Individual here

   Enter Licensee Street Address Line1 here (No Postal Boxes please)

   Enter Licensee Street Address Line2 here

   Enter Licensee City, State, and Mail Zip Code here

   Enter Country, if other than the USA here

   Enter Phone Area Code and Number here

 

The contact information for the Service Provider follows:

   Ergo Inc. (hereafter referred to as Ergo)

   4985 Via Parva

   Santa Barbara, California 93111

   805-681-7200

 

1.      Description of Service

The Service is defined to be the information (including all content, data, graphics, and images) that Ergo provides in the designated Subscription sections of its website.  The Licensee will designate each individual within its organization that will utilize the Service in a separate communication to Ergo: each such individual is hereafter referred to as the User. The User will be granted access to the Service after Ergo receives Licensee’s subscription payment (according to the then current subscription rate schedule) and the User supplies his or her log-on identification and his or her password.  Payment is due in advance (according to the then current subscription rate schedule).  All sales tax, use tax, and other taxes applicable to the service will be paid by the Licensee.  A copy of the current subscription rate schedule is attached to this document.

2.      Licensee and User Restrictions on Use of the Service

The Licensee agrees to ensure that each of its Users complies with the terms of this Agreement. The User may access and use the Service from any computer that is provided by the Licensee or is personally owned by the User. The Licensee agrees that the Service will be used solely by its licensed User(s). The Licensee and its User(s) agree not to allow anyone to utilize the Service unless that individual has also subscribed to the Service and has become a User covered by an executed License Agreement with Ergo. The Licensee and its User(s) agree not to allow others to use its password to access the Service.  The Licensee and its User(s) agree that the information and any derivative works from the information provided by the Service will not be divulged, retransmitted, resold, sublicensed, or otherwise distributed to anyone. The Licensee and its User(s) agree not to become a competitor to the Service provided by Ergo.

3.      Warranty and Limitation of Liability

THE SERVICE AND ALL ITS INFORMATION IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. WITH RESPECT TO THIS INFORMATION, ERGO EXPRESSLY DISCLAIMS ANY AND ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT, TITLE, OR FITNESS FOR A PARTICULAR PURPOSE. IN THE EVENT THE SERVICE OR ANY PORTION THEREOF IS UNAVAILABLE TO LICENSEE DUE TO A TOTAL OR PARTIAL MALFUNCTION, DEFECT IN EQUIPMENT OR THE LICENSED INFORMATION, OR ANY OTHER REASON FOR WHICH ERGO IS RESPONSIBLE, ERGO’S SOLE OBLIGATION AND LICENSEE’S SOLE AND EXCLUSIVE REMEDY SHALL BE A PRO RATA CREDIT FOR THE PERIOD DURING WHICH THE SERVICE IS UNAVAILABE TO LICENSEE. LICENSEE AGREES ERGO SHALL NOT BE LIABLE FOR ANY SPECIAL, INCIDENTAL, INDIRECT, OR CONSEQUENTIAL DAMAGES OR FOR THE LOSS OF PROFIT, REVENUE, OR DATA EVEN IF ERGO HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH LOSS. LICENSEE AGREES THAT ANY AND ALL USE OF THE INFORMATION IS AT HIS OR HER SOLE RISK, THAT LICENSEE ASSUMES ALL RISKS FROM USING THIS INFORMATION, AND THAT, IN NO EVENT, SHALL ERGO OR ITS SUPPLIERS BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES OF ANY KIND WHATSOEVER.

Ergo does not represent or endorse the accuracy, reliability, or timely availability of any of the information it provides. The Licensee accepts that, despite Ergo's best efforts to provide accurate information, there might be errors in the data, methods, or forecasts presented at its web site. Further, the Licensee agrees that errors could be introduced by transmission through the Internet. Licensee agrees that Ergo will not be held responsible for any errors or untimely availability of any of Ergo’s information.

Licensee understands and agrees that Ergo and/or its employees may make investments at any time, including but not limited to the stocks, futures, ETFs, or options of any of the financial instruments mentioned on the website. Licensee asserts that it and its Users are investment professionals and further agrees that they should not be trading these instruments (viz., stocks, futures, ETFs, or options) unless they thoroughly understand them and are prepared to incur losses, for which they will be solely responsible.

4.      Ownership

Licensee hereby acknowledges and agrees that Ergo is the owner of all rights, title, and interest in the website www.indexarb.com and its information, including all copyrights therein and “indexarb” trademarks.

5.      Assignment

Licensee agrees that Ergo may assign this Agreement to another organization that acquires the right to publish the Service.

6.      Termination

Licensee may terminate this Agreement at any time by not making its next subscription payment. Ergo may terminate this Agreement at any time by notifying the Licensee by electronic mail and refunding the unused portion of the pre-paid subscription. The provisions of paragraphs 1, 2, 3, 4, 5, 7, and 8 shall survive the expiration or termination of this Agreement.

7.      Entire Agreement

This document constitutes the entire Agreement between the Licensee and Ergo relating to the subject matter hereof, and supersedes any and all other agreements, representations, or warranties of the parties in connection with such subject matter. This Agreement shall not be modified, changed, or amended except by a written agreement signed by the parties hereto.

8.      Governing Law

The validity and effect of this Agreement shall be governed by, construed, and enforced in accordance with the laws of the United States and the State of California, without regard to its conflicts of law provisions.

 

LICENSEE ACKNOWLEDGES THAT HE OR SHE HAS READ AND UNDERSTANDS THIS AGREEMENT AND AGREES TO BE BOUND BY ITS TERMS AND CONDITIONS.

LICENSEE

Enter Licensee Organization Name Here

 

Type the name of the Authorizing Officer or User below. Doing so is a digital signature, which legally obligates you to the terms of this Agreement.

Signature __ Enter Name of Authorizing Officer or User Here_________

 

Title Enter Authorizing Officer Title Here

Date Enter Date Here

 

 

 

 

Current Rate Schedule for Ergo Inc.’s IndexArb Subscription Services

 

1. Institutional Services

Total Number

                   Subscription Term

of Users

Quarter

Year

1

$600

$2,000

2

$900

$3,000

3 - 5

$1,300

$4,400

6 - 10

$1,800

$6,200

11 - 25

$2,400

$8,600

> 25

$4,000

$15,000