Terms of Service

1. PLATFORM AND SUPPORT.

2. CLIENT DATA AND CLIENT RESPONSIBILITIES.

3. Payment of Fees.

4. PROPRIETARY RIGHTS.

5. CONFIDENTIALITY.

Each party (the “Receiving Party”) understands that the other party (the “Disclosing Party”) has disclosed or may disclose business, technical or financial information relating to the Disclosing Party’s business (hereinafter referred to as “Confidential Information” of the Disclosing Party).  Confidential Information of EK includes, but is not limited to, non-public information regarding features, functionality and performance of the Platform, Services and Software.  Confidential Information of Client includes non-public data provided by Client to EK to enable Client’s use of the Services. The Receiving Party agrees: (i) to take reasonable precautions to protect such Confidential Information, and (ii) not to use (except in providing the Platform or Services, or as otherwise permitted in this Agreement) or divulge to any third person any such Confidential Information.  The Disclosing Party agrees that the foregoing shall not apply with respect to any information that the Receiving Party can document (a) is or becomes generally available to the public (through no actions of Receiving Party), or (b) was rightfully in its possession or known by it prior to receipt from the Disclosing Party, or (c) was rightfully disclosed to it without restriction by a third party, or (d) was independently developed without use of any Confidential Information of the Disclosing Party as evidenced by contemporaneous written records. Notwithstanding the restrictions in Section 5, if the Receiving Party is required to disclose any of the Disclosing Party’s Confidential Information by law, such as in response to a subpoena or requirement of any regulator, court, arbitral, administrative, or legislative body, the Receiving Party must:  where reasonably possible and permitted, immediately provide written notice to the Disclosing Party of the required disclosure to give the Disclosing Party an opportunity to move for a protective order or otherwise prevent the disclosure; disclose only the minimum amount of Confidential Information required to satisfy the legal obligation; and assert and take proper steps with the body requiring disclosure to maintain the confidentiality of the Confidential Information to be disclosed.

6. TERM AND TERMINATION.

7. WARRANTY AND DISCLAIMER.

8. Indemnification.

In response to an actual or potential patent, copyright or trademark infringement or misappropriation claim or otherwise relating to violation of intellectual property rights, if required by settlement or injunction or as EK determines necessary to avoid material liability, EK will, at its option: (a) procure rights for Client’s continued use of the applicable Service; (b) replace or modify the allegedly infringing portion of the applicable Service to avoid infringement or misappropriation without materially reducing the Service’s overall functionality; or (c) terminate the Platform subscription, and refund Client any pre-paid, unused fees on a pro rata basis without any further liability to Client. 

9. LIMITATION OF LIABILITY.

NOTWITHSTANDING ANYTHING TO THE CONTRARY HEREIN, EK AND  ITS SUPPLIERS (INCLUDING BUT NOT LIMITED TO ALL EQUIPMENT AND TECHNOLOGY SUPPLIERS), OWNERS, OFFICERS, DIRECTORS, AFFILIATES, SUBSIDIARIES, REPRESENTATIVES, CONTRACTORS AND EMPLOYEES SHALL NOT BE RESPONSIBLE OR LIABLE TO CLIENT UNDER ANY CONTRACT, NEGLIGENCE, STRICT LIABILITY OR OTHER THEORY: (A) FOR ERROR OR INTERRUPTION OF USE OR FOR LOSS OR INACCURACY OR CORRUPTION OF  DATA OR COST OF PROCUREMENT OF SUBSTITUTE GOODS, SERVICES OR TECHNOLOGY OR LOSS OF BUSINESS; (B) FOR ANY INDIRECT, EXEMPLARY, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES; (C) FOR ANY MATTER BEYOND EK’S REASONABLE CONTROL; OR (D) FOR ANY AMOUNTS THAT, TOGETHER WITH AMOUNTS ASSOCIATED WITH ALL OTHER CLAIMS, EXCEED THE FEES PAID BY CLIENT TO EK FOR THE PLATFORM SUBSCRIPTION OR SERVICES  IN THE 12 MONTHS PRIOR TO THE ACT THAT GAVE RISE TO THE LIABILITY, IN EACH CASE, WHETHER OR NOT EK HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

10. CHOICE OF LAW AND DISPUTE RESOLUTION.

These Legal Terms are governed by the laws of the State of North Carolina without regard to its conflict of laws provision.  The parties agree to use commercial best efforts to resolve any disputes by working together in good faith.  Any dispute, claim, or breach of these Legal Terms that cannot be resolved with good faith negotiations shall be finally settled by binding arbitration conducted in the English language, in Charlotte, North Carolina, USA, under the commercial arbitration roles of the American Arbitration Association (“AAA”).  The prevailing party shall be entitled to an award of reasonable attorney fees incurred in connection with the arbitration in the amount as may be determined by the arbitrator.  The award of the arbitrator shall be the sole and exclusive remedy of the parties and shall be enforceable in any court of competent jurisdiction.  Notwithstanding anything contained in this section, each party shall have the right to institute judicial proceedings against the other party or any party acting by, through or under such other party, to enforce the instituting party’s rights hereunder through specific performance, injunction, or similar equitable relief.

11. MODIFICATIONS.

EK reserves the right at any time to modify, update, or discontinue, temporarily or permanently, the Platform (or any part thereof) or Services, with or without notice to you. We shall not be liable to you or to any third party for any modification, suspension or discontinuance of the Platform or Services. We may also revise these Legal Terms, and therefore we suggest that you check this link from time to time.   We may notify you of any changes at the email address associated with your account. If you do not agree to the changes after receiving notice of the changes, you must stop using the Services and terminate your Platform account.  Your continued access or use of the Services or your Platform account indicates your agreement to be bound by any such changes.

 

12. CORPORATE SERVICES.

13. Notifications and Alerts.

14. General.