Customer Agreement

This ASGARD Customer Agreement (this “Agreement”) contains the terms and conditions that govern your  access to and use of the Services (as defined below) and is an agreement between the applicable ASGARD Contracting Party specified in Section 12 below (also referred to as “ASGARD,” “we,” “us,” or “our”) and you or the  entity you represent (“you” or “your”). This Agreement takes effect when you click an “I Accept” button or check  box presented with these terms or, if earlier, when you use any of the Services (the “Effective Date”). You  represent to us that you are lawfully able to enter into contracts (e.g., you are not a minor). If you are entering into  this Agreement for an entity, such as the company you work for, you represent to us that you have legal authority  to bind that entity. Please see Section 12 for definitions of certain capitalized terms used in this Agreement.

  1. ASGARD Responsibilities

     

    1. General. You may access and use the Services in accordance with this Agreement. Service Level Agreements  and Service Terms apply to certain Services.

    2. Third-Party Content. Third-Party Content may be used by you at your election. Third-Party Content is  governed by this Agreement and, if applicable, separate terms and conditions accompanying such Third Party Content, which terms and conditions may include separate fees and charges.

    3. ASGARD Security. Without limiting Section 8 or your obligations under Section 2.2, we will implement  reasonable and appropriate measures designed to help you secure Your Content against accidental or  unlawful loss, access or disclosure.
    4. Data Privacy. We will not access or use Your Content except as necessary to maintain or provide the Services,  or as necessary to comply with the law or a binding order of a governmental body. We will not (a) disclose  Your Content to any government or third party or (b) move Your Content from the ASGARD region of hosting. Unless it would violate the law or a binding order of a governmental body, we will give you notice of any legal  requirement or order referred to in this Section 1.4. We will only use your Account Information in accordance  with the Privacy Notice, and you consent to such usage. The Privacy Notice does not apply to Your Content.
    5. Notice of Changes to the Services. We may change or discontinue any of the Services from time to time. We  will provide you at least 3 months’ prior notice before discontinuing a material functionality of a Service  that we make generally available to customers and that you are using. ASGARD will not be obligated to  provide such notice under this Section 1.5 if the discontinuation is necessary to (a) address an emergency,  or risk of harm to the Services or ASGARD, (b) respond to claims, litigation, or loss of license rights related to  third party intellectual property rights, or (c) comply with law, but should any of the preceding occur ASGARD will provide you with as much prior notice as is reasonably practicable under the circumstances.
    6. Notice of Changes to the Service Level Agreements. We may change, discontinue or add Service Level  Agreements, provided, however, that we will provide at least 90 days’ advance notice for adverse changes to  any Service Level Agreement.
       
  2. Your Responsibilities

    1. Your Accounts. You will comply with the terms of this Agreement and all laws, rules and regulations  applicable to your use of the Services. To access the Services, you must have an ASGARD account associated  with a valid email address. Unless explicitly permitted by the Service Terms, you will only create one account per  email address. Except to the extent caused by our breach of this Agreement, (a) you are responsible for all  activities that occur under your account, regardless of whether the activities are authorized by you or undertaken  by you, your employees or a third party (including your contractors, agents or End Users), and (b) we and our  affiliates are not responsible for unauthorized access to your account.
    2. Your Content. You are responsible for Your Content. You will ensure that Your Content and your and End Users’  use of Your Content or the Services will not violate any of the Policies or any applicable law.
    3. Your Security and Backup. You are responsible for properly configuring and using the Services and otherwise  taking appropriate action to secure, protect and backup your accounts and Your Content in a manner that will  provide appropriate security and protection, which might include use of encryption to protect Your Content from  unauthorized access and routinely archiving Your Content.
    4. Log-In Credentials and Account Keys. ASGARD log-in credentials and private keys generated by the Services  are for your internal use only and you will not sell, transfer or sublicense them to any other entity or person, except  that you may disclose your private key to your agents and subcontractors performing work on your behalf.
    5. End Users. You will be deemed to have taken any action that you permit, assist or facilitate any person or  entity to take related to this Agreement, Your Content or use of the Services. You are responsible for End Users’  use of Your Content and the Services, and for their compliance with your obligations under this Agreement. If you  become aware of any violation of your obligations under this Agreement caused by an End User, you will  immediately suspend access to Your Content and the Services by such End User. We do not provide any support  or services to End Users unless we have a separate agreement with you or an End User obligating us to provide  such support or services.

  3. Fees and Payment.
    1. Service Fees. We calculate and bill fees and charges on various time scales depending on the service  contracted. We may bill you more frequently for fees accrued if we reasonably suspect that your account is  fraudulent or at risk of non-payment. You will pay us the applicable fees and charges for use of the Services as  described on the ASGARD Site using one of the payment methods we support. All amounts payable by you under  this Agreement will be paid to us without setoff or counterclaim, and without any deduction or withholding. Fees  and charges for any new Service or new feature of a Service will be effective when we post updated fees and  charges on the ASGARD Site, unless we expressly state otherwise in a notice. We may increase or add new fees  and charges for any existing Services you are using by giving you at least 30 days’ prior notice. We may elect to  charge you interest at the rate of 1.5% per month (or the highest rate permitted by law, if less) on all late  payments. If we suspend your account under Section 4.1 or terminate your use of the Services pursuant to  Section 5.2(b)(ii), we may elect not to bill you for fees and charges after suspension unless your account is  reinstated.
    2. Taxes. (a) Each party will be responsible, as required under applicable law, for identifying and paying all taxes and other  governmental fees and charges (and any penalties, interest, and other additions thereto) that are imposed on  that party upon or with respect to the transactions and payments under this Agreement. All fees payable by you  are exclusive of Indirect Taxes, except where applicable law requires otherwise. We may charge and you will pay  applicable Indirect Taxes that we are legally obligated or authorized to collect from you (typically VAT). You will  provide such information to us as reasonably required to determine whether we are obligated to collect Indirect  Taxes from you. We will not collect, and you will not pay, any Indirect Tax for which you furnish us a properly  completed exemption certificate or a direct payment permit certificate for which we can claim an available  exemption from such Indirect Tax. All payments made by you to us under this Agreement will be made free and  clear of any deduction or withholding, as required by law. If any such deduction or withholding (including cross border withholding taxes) is required on any payment, you will pay such additional amounts as are necessary so  that the net amount received by us is equal to the amount then due and payable under this Agreement. We will  provide you with such tax forms as are reasonably requested in order to reduce or eliminate the amount of any  withholding or deduction for taxes in respect of payments made under this Agreement. (b) Income tax declaration on profits, dividends or capital gains is your soul responsibility. Wherever the  user/client is located it remains his prerogative to comply with his local declaration obligations. ASGARD will not  get involved in this procedure or supply any information concerning customer accounts to any third parties.

  4. Temporary Suspension.
    1. Generally. We may suspend your or any End User’s right to access or use any portion or all of the Services  immediately upon notice to you if we reasonably determine: 
      (a) your or an End User’s use of the Services (i) poses a security risk to the Services or any third party, (ii) could  adversely impact our systems, the Services or the systems or Content of any other ASGARD customer, (iii) could  subject us, our affiliates, or any third party to liability, or (iv) could be fraudulent;
      (b) you are, or any End User is, in material breach of this Agreement;
      (c) you are in breach of your payment obligations under Section 3; or
      (d) you have ceased to operate in the ordinary course, made an assignment for the benefit of creditors or similar  disposition of your assets, or become the subject of any bankruptcy, reorganization, liquidation, dissolution or  similar proceeding.
    2. Effect of Suspension. If we suspend your right to access or use any portion or all of the Services: (a) you will be responsible for all fees and charges you incur during the period of suspension that we bill to you;  and  (b) you will not be entitled to any service credits under the Service Level Agreements for any period of  suspension.

  5. Term; Termination.
    1. Term. The term of this Agreement will commence on the Effective Date and will remain in effect until  terminated under this Section 5. Any notice of termination of this Agreement by either party to the other must  include a Termination Date that complies with the notice periods in Section 5.2.
    2. Termination.
      (a) Termination for Convenience. You may terminate this Agreement for any reason by providing us notice and  closing your account for all Services for which we provide an account closing mechanism. We may terminate  this Agreement for any reason by providing you at least 30 days’ advance notice. 
      (b) Termination for Cause.
      (i) By Either Party. Either party may terminate this Agreement for cause if the other party is in material breach of  this Agreement and the material breach remains uncured for a period of 30 days from receipt of notice by the  other party. No later than the Termination Date, you will close your account.
      (ii) By Us. We may also terminate this Agreement immediately upon notice to you:
      (A) for cause if we have the right to suspend under Section 4 and the issue giving us the right to suspend either: a. is not capable of being remedied; or
      b has not been remedied within 30 days of us suspending your service under Section 4.1; (B) if our relationship with a third-party partner who provides software or other technology we use to provide the  Services expires, terminates or requires us to change the way we provide the software or other technology as  part of the Services.
    3. Effect of Termination.
      (a) Generally. Upon the Termination Date:
      (i) except as provided in Sections 5.3(a)(iv) and 5.3(b), all your rights under this Agreement immediately  terminate;
      (ii) you remain responsible for all fees and charges you have incurred through the Termination Date and are  responsible for any fees and charges you incur during the post-termination period described in Section 5.3(b)  that we bill to you;
      (iii) you will immediately return or, if instructed by us, destroy all ASGARD Content in your possession; and (iv) Sections 2.1, 3, 5.3, 6 (except Section 6.3), 7, 8, 9, 11 and 12 will continue to apply in accordance with their  terms.
      (b) Post-Termination. Unless we terminate your use of the Services pursuant to Section 5.2(b), during the 30 days  following the Termination Date:
      (i) we will not take action to remove from the ASGARD systems any of Your Content as a result of the termination;  and
      (ii) we will allow you to retrieve Your Content from the Services only if you have paid all amounts due under this  Agreement.
      For any use of the Services after the Termination Date, the terms of this Agreement will apply and you will pay the  applicable fees at the rates under Section 3.

       

  6. Proprietary Rights. 

    1. Your Content. Except as provided in this Section 6, we obtain no rights under this Agreement from you (or  your licensors) to Your Content. You consent to our use of Your Content to provide the Services to you and any  End Users.
    2. Adequate Rights. You represent and warrant to us that: (a) you or your licensors own all right, title, and interest  in and to Your Content and Suggestions; (b) you have all rights in Your Content and Suggestions necessary to  grant the rights contemplated by this Agreement; and (c) none of Your Content or End Users’ use of Your Content  or the Services will violate the Acceptable Use Policy.
    3. Intellectual Property License. The Intellectual Property License act of Singapore applies to your use of  ASGARD Content and the Services.
    4. Restrictions. Neither you nor any End User will use the ASGARD Content or Services in any manner or for any  purpose other than as expressly permitted by this Agreement. Neither you nor any End User will, or will attempt  to (a) reverse engineer, disassemble, or decompile the Services or ASGARD Content or apply any other process  or procedure to derive the source code of any software included in the Services or ASGARD Content (except to  the extent applicable law doesn’t allow this restriction), (b) access or use the Services or ASGARD Content in a  way intended to avoid incurring fees or exceeding usage limits or quotas, or (c) resell the Services or ASGARD Content. The ASGARD Trademark Guidelines apply to your use of the ASGARD Marks. You will not misrepresent  or embellish the relationship between us and you (including by expressing or implying that we support, sponsor,  endorse, or contribute to you or your business endeavors). You will not imply any relationship or affiliation  between us and you except as expressly permitted by this Agreement else specific written agreements between  you and us.
    5. Suggestions. If you provide any Suggestions to us or our affiliates, we and our affiliates will be entitled to use  the Suggestions without restriction. You hereby irrevocably assign to us all right, title, and interest in and to the  Suggestions and agree to provide us any assistance we require to document, perfect, and maintain our rights in  the Suggestions.

  7. Indemnification. 
    1. General. You will defend, indemnify, and hold harmless us, our affiliates and licensors, and each of their  respective employees, officers, directors, and representatives from and against any Losses arising out of or  relating to any third-party claim concerning: (a) your or any End Users’ use of the Services (including any activities  under your ASGARD account and use by your employees and personnel); (b) breach of this Agreement or  violation of applicable law by you, End Users or Your Content; or (c) a dispute between you and any End User. You  will reimburse us for reasonable attorneys’ fees, as well as our employees’ and contractors’ time and materials  spent responding to any third party subpoena or other compulsory legal order or process associated with third  party claims described in (a) through (c) above at our then-current hourly rates.
    2. Intellectual Property.
      (a) Subject to the limitations in this Section 7, ASGARD will defend you and your employees, officers, and  directors against any third-party claim alleging that the Services infringe or misappropriate that third party’s  intellectual property rights.
      (b) Subject to the limitations in this Section 7, you will defend ASGARD, its affiliates, and their respective  employees, officers, and directors against any third-party claim alleging that any of Your Content infringes or  misappropriates that third party’s intellectual property rights, and will pay the amount of any adverse final  judgment or settlement.
      (c) Neither party will have obligations or liability under this Section 7.2 arising from infringement by combinations  of the Services or Your Content, as applicable, with any other product, service, software, data, content or  method. In addition, ASGARD will have no obligations or liability arising from your or any End User’s use of the  Services after ASGARD has notified you to discontinue such use. The remedies provided in this Section 7.2 are the sole and exclusive remedies for any third-party claims of infringement or misappropriation of intellectual  property rights by the Services or by Your Content.
      (d) For any claim covered by Section 7.2(a), ASGARD will, at its election, either: (i) procure the rights to use that  portion of the Services alleged to be infringing; (ii) replace the alleged infringing portion of the Services with a  non-infringing alternative; (iii) modify the alleged infringing portion of the Services to make it non-infringing; or  (iv) terminate the allegedly infringing portion of the Services or this Agreement.
    3. Process. The obligations under this Section 7 will apply only if the party seeking defense or indemnity: (a)  gives the other party prompt written notice of the claim; (b) permits the other party to control the defense and  settlement of the claim; and (c) reasonably cooperates with the other party (at the other party’s expense) in the  defense and settlement of the claim. In no event will a party agree to any settlement of any claim that involves  any commitment, other than the payment of money, without the written consent of the other party.

  8. Disclaimers. 
    1. THE SERVICES AND ASGARD CONTENT ARE PROVIDED “AS IS.” EXCEPT TO THE EXTENT PROHIBITED BY LAW,  OR TO THE EXTENT ANY STATUTORY RIGHTS APPLY THAT CANNOT BE EXCLUDED, LIMITED OR WAIVED, WE AND  OUR AFFILIATES AND LICENSORS (A) MAKE NO REPRESENTATIONS OR WARRANTIES OF ANY KIND, WHETHER  EXPRESS, IMPLIED, STATUTORY OR OTHERWISE REGARDING THE SERVICES OR ASGARD CONTENT OR THE  THIRD-PARTY CONTENT, AND (B) DISCLAIM ALL WARRANTIES, INCLUDING ANY IMPLIED OR EXPRESS  WARRANTIES (I) OF MERCHANTABILITY, SATISFACTORY QUALITY, FITNESS FOR A PARTICULAR PURPOSE, NON INFRINGEMENT, OR QUIET ENJOYMENT, (II) ARISING OUT OF ANY COURSE OF DEALING OR USAGE OF TRADE,  (III) THAT THE SERVICES OR ASGARD CONTENT OR THIRD-PARTY CONTENT WILL BE UNINTERRUPTED, ERROR  FREE OR FREE OF HARMFUL COMPONENTS, AND (IV) THAT ANY CONTENT WILL BE SECURE OR NOT  OTHERWISE LOST OR ALTERED. 
      PARTICIPATION AND/OR USE OF THE ASGARD ALGORITHM SERVICES OR FOUNDING OF THE PROJECT STAGE,  AS AN INVESTOR OR PRIVILEGED CLIENT, OFFERS THE OPPORTUNITY TO BENEFIT FROM ADAPTABLE  INVESTMENT SUPPORT FOR SHORT, MEDIUM, OR LONG-TERM PERIODS, DEPENDING ON CLIENT  PREFERENCES, WITH THE GOAL OF ACHIEVING RECURRING RETURNS AND VALUATION. IT IS IMPORTANT TO  VIEW THIS INVESTMENT AS A DIVERSIFICATION ELEMENT WITHIN YOUR PORTFOLIO. AS WITH ANY  INVESTMENT, THERE IS A RISK OF CAPITAL LOSS, INCLUDING THE POSSIBILITY OF NO RETURNS OR A  DECREASE IN VALUE. TRADING IS A COMPLEX DISCIPLINE, AND WHILE THE STRATEGIES EMPLOYED ARE  BASED ON THOROUGH ANALYSIS, IT IS NOT AN EXACT OR INFALLIBLE SCIENCE. INVESTORS SHOULD ENSURE  THAT THE INVESTMENT ALIGNS WITH THEIR FINANCIAL SITUATION, LEVEL OF EXPERIENCE, AND INVESTMENT  OBJECTIVES. THEY MUST BE AWARE THAT TRADING, REGARDLESS OF THE MEDIUM, INVOLVES SUBSTANTIAL  RISKS DUE TO MARKET VOLATILITY AND CAN LEAD TO PARTIAL OR TOTAL LOSS OF CAPITAL.

  9. Limitations of Liability. 
    1. Liability Disclaimers. EXCEPT FOR PAYMENT OBLIGATIONS UNDER SECTION 7, NEITHER ASGARD NOR YOU,  NOR ANY OF THEIR AFFILIATES OR LICENSORS, WILL HAVE LIABILITY TO THE OTHER UNDER ANY CAUSE OF  ACTION OR THEORY OF LIABILITY, EVEN IF A PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH LIABILITY,  FOR (A) INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR EXEMPLARY DAMAGES, (B) THE VALUE OF  YOUR CONTENT, (C) LOSS OF PROFITS, REVENUES, CUSTOMERS, OPPORTUNITIES, OR GOODWILL, OR (D)  UNAVAILABILITY OF THE SERVICES OR ASGARD CONTENT (THIS DOES NOT LIMIT ANY SERVICE CREDITS  UNDER SERVICE LEVEL AGREEMENTS). 
    2. Damages Cap. EXCEPT FOR PAYMENT OBLIGATIONS UNDER SECTION 7, THE AGGREGATE LIABILITY UNDER  THIS AGREEMENT OF EITHER ASGARD OR YOU, AND ANY OF THEIR RESPECTIVE AFFILIATES OR LICENSORS,  WILL NOT EXCEED THE AMOUNTS PAID BY YOU TO ASGARDUNDER THIS AGREEMENT FOR THE SERVICES THAT  GAVE RISE TO THE LIABILITY DURING THE 12 MONTHS BEFORE THE LIABILITY AROSE; EXCEPT THAT NOTHING  IN THIS SECTION 9 WILL LIMIT YOUR OBLIGATION TO PAY ASGARDFOR YOUR USE OF THE SERVICES PURSUANT  TO SECTION 3, OR ANY OTHER PAYMENT OBLIGATIONS UNDER THIS AGREEMENT.

  10. Modifications to the Agreement. 
    1. We may modify this Agreement (including any Policies) at any time by posting a revised version on the ASGARD Site or by otherwise notifying you in accordance with Section 11.10. The modified terms will become effective  upon posting or, if we notify you by email, as stated in the email message. By continuing to use the Services or  ASGARD Content after the effective date of any modifications to this Agreement, you agree to be bound by the  modified terms. It is your responsibility to check the ASGARD Site regularly for modifications to this Agreement.  We last modified this Agreement on the date listed at the beginning of this Agreement. 

  11. Miscellaneous.
    1. Assignment. You will not assign or otherwise transfer this Agreement or any of your rights and obligations  under this Agreement, without our prior written consent. Any assignment or transfer in violation of this Section  11.1 will be void. We may assign this Agreement without your consent (a) in connection with a merger, acquisition  or sale of all or substantially all of our assets, or (b) to any affiliate or as part of a corporate reorganization; and  effective upon such assignment, the assignee is deemed substituted for ASGARD as a party to this Agreement  and ASGARD is fully released from all of its obligations and duties to perform under this Agreement. Subject to  the foregoing, this Agreement will be binding upon, and inure to the benefit of the parties and their respective  permitted successors and assigns.
    2. Entire Agreement. This Agreement incorporates the Policies by reference and is the entire agreement  between you and us regarding the subject matter of this Agreement. This Agreement supersedes all prior or  contemporaneous representations, understandings, agreements, or communications between you and us,  whether written or verbal, regarding the subject matter of this Agreement (but does not supersede prior  commitments to purchase Services such as ASGARD’s algorithmic services). None of the parties will be bound  by any term, condition or other provision that is different from or in addition to the provisions of this Agreement  (whether or not it would materially alter this Agreement) including for example, any term, condition or other  provision (a) submitted by you in any order, receipt, acceptance, confirmation, correspondence or other  document, (b) related to any online registration, response to any Request for Bid, Request for Proposal, Request  for Information, or other questionnaire, or (c) related to any invoicing process that you submit or require us to  complete. If the terms of this document are inconsistent with the terms contained in any Policy, the terms  contained in this document will control, except that the Service Terms will control over this document.
    3. Force Majeure. Except for payment obligations, neither party nor any of their affiliates will be liable for any  delay or failure to perform any obligation under this Agreement where the delay or failure results from any cause  beyond its reasonable control, including acts of God, labor disputes or other industrial disturbances, electrical  or power outages, utilities or other telecommunications failures, earthquake, storms or other elements of nature,  blockages, embargoes, riots, acts or orders of government, acts of terrorism, or war.
    4.  Governing Law. The Governing Laws of Singapore, without reference to conflict of law rules, govern this  Agreement and any dispute of any sort that might arise between you and us. The United Nations Convention for  the International Sale of Goods does not apply to this Agreement.
    5. Disputes. Any dispute or claim relating in any way to your use of the Services, or to any products or services  sold or distributed by ASGARD will be adjudicated in the Governing Courts of Singapore, and you consent to  exclusive jurisdiction and venue in the Governing Courts of Singapore.
    6. Trade Compliance. In connection with this Agreement, each party will comply with all applicable import, re import, sanctions, anti-boycott, export, and re-export control laws and regulations, including all such laws and  regulations that apply to a U.S. company, such as the Export Administration Regulations, the International Traffic  in Arms Regulations, and economic sanctions programs implemented by the Office of Foreign Assets Control.  For clarity, you are solely responsible for compliance related to the manner in which you choose to use the  Services or ASGARD Content, including your transfer and processing of Your Content, the provision of Your  Content to End Users, and the ASGARD region in which any of the foregoing occur. You represent and warrant  that you and your financial institutions, or any party that owns or controls you or your financial institutions, are  not subject to sanctions or otherwise designated on any list of prohibited or restricted parties, including but not  limited to the lists maintained by the United Nations Security Council, the U.S. Government (e.g., the Specially Designated Nationals List and Foreign Sanctions Evaders List of the U.S. Department of Treasury, and the Entity  List of the U.S. Department of Commerce), the European Union or its Member States, or other applicable  government authority.
    7. Independent Contractors; Non-Exclusive Rights. We and you are independent contractors, and this  Agreement will not be construed to create a partnership, joint venture, agency, or employment relationship.  Neither party, nor any of their respective affiliates, is an agent of the other for any purpose or has the authority to  bind the other. Both parties reserve the right (a) to develop or have developed for it products, services, concepts,  systems, or techniques that are similar to or compete with the products, services, concepts, systems, or  techniques developed or contemplated by the other party, and (b) to assist third party developers or systems  integrators who may offer products or services which compete with the other party’s products or services.
    8. Language. All communications and notices made or given pursuant to this Agreement must be in the English  language. If we provide a translation of the English language version of this Agreement, the English language  version of the Agreement will control if there is any conflict.
    9. Confidentiality and Publicity. You may use ASGARD Confidential Information only in connection with your  use of the Services or ASGARD Content as permitted under this Agreement. You will not disclose ASGARD Confidential Information during the Term or at any time during the 10-year period following the end of the Term.  You will take all reasonable measures to avoid disclosure, dissemination or unauthorized use of ASGARD Confidential Information, including, at a minimum, those measures you take to protect your own confidential  information of a similar nature. You will not issue any press release or make any other public communication  with respect to this Agreement or your use of the Services or ASGARD Content. 
    10. Notice.
      (a) To You. We may provide any notice to you under this Agreement by:
      (i) posting a notice on the ASGARD Site; or 
      (ii) sending a message to the email address then associated with your account. 
      Notices we provide by posting on the ASGARD Site will be effective upon posting and notices we provide by email  will be effective when we send the email. It is your responsibility to keep your email address current. You will be  deemed to have received any email sent to the email address then associated with your account when we send  the email, whether or not you actually receive the email.
      (b) To Us. To give us notice under this Agreement, you must contact ASGARD by personal delivery, overnight  courier or registered or certified mail to our mailing address, as applicable, listed for the applicable ASGARD Contracting Party in Section 12 below. We may update the address for notices to us by posting a notice on the  ASGARD Site. Notices provided by personal delivery will be effective immediately. Notices provided by  transmission or overnight courier will be effective one business day after they are sent. Notices provided  registered or certified mail will be effective three business days after they are sent.
    11. No Third-Party Beneficiaries. Except as set forth in Section 7, this Agreement does not create any third party beneficiary rights in any individual or entity that is not a party to this Agreement.
    12. No Waivers. The failure by us to enforce any provision of this Agreement will not constitute a present or  future waiver of such provision nor limit our right to enforce such provision at a later time. All waivers by us must  be in writing to be effective.
    13. Severability. If any portion of this Agreement is held to be invalid or unenforceable, the remaining portions  of this Agreement will remain in full force and effect. Any invalid or unenforceable portions will be interpreted to  effect and intent of the original portion. If such construction is not possible, the invalid or unenforceable portion  will be severed from this Agreement but the rest of the Agreement will remain in full force and effect.

  12. Definitions

“Acceptable Use Policy” means the policy located at Privacy Policy and Site Terms (and any successor or related  locations designated by us), as may be updated by us from time to time. 

“Account Information” means information about you that you provide to us in connection with the creation or  administration of your ASGARD account. For example, Account Information includes names, usernames, phone  numbers, email addresses and billing information associated with your ASGARD account. “API” means an application program interface. 

“ASGARD Confidential Information” means all nonpublic information disclosed by us, our affiliates, business  partners, or our or their respective employees, contractors or agents that is designated as confidential or that,  given the nature of the information or circumstances surrounding its disclosure, reasonably should be  understood to be confidential. ASGARD Confidential Information includes: (a) nonpublic information relating to  our or our affiliates or business partners’ technology, customers, business plans, promotional and marketing  activities, finances and other business affairs; (b) third-party information that we are obligated to keep  confidential; and (c) the nature, content and existence of any discussions or negotiations between you and us or  our affiliates. ASGARD Confidential Information does not include any information that: (i) is or becomes publicly  available without breach of this Agreement; (ii) can be shown by documentation to have been known to you at  the time of your receipt from us; (iii) is received from a third party who did not acquire or disclose the same by a  wrongful or tortious act; or (iv) can be shown by documentation to have been independently developed by you  without reference to the ASGARD Confidential Information. 

“ASGARD Content” means APIs, WSDLs, sample code, software libraries, command line tools, proofs of  concept, templates, advice, information, programs (including credit programs) and any other Content made  available by us and our affiliates related to use of the Services or on the ASGARD Site and other related  technology (including any of the foregoing that are provided by our personnel). ASGARDContent does not include  the Services or Third-Party Content. 

“ASGARD Marks” means any trademarks, service marks, service or trade names, logos, and other designations  of ASGARD and its affiliates that we may make available to you in connection with this Agreement. “ASGARD Site” means http://www.asgard-algorithm.com (and any successor or related locations designated by  us), as may be updated by us from time to time. 

“ASGARD Trademark Guidelines” means the guidelines and trademark license by ASGARD Algorithm Pte.  Ltd. (and any successor or related locations designated by us), as may be updated by us from time to time. “Content” means software (including machine images), data, text, audio, video, or images. “End User” means any individual or entity that directly or indirectly through another user (a) accesses or uses  Your Content, or (b) otherwise accesses or uses the Services under your account. The term “End User” does not  include individuals or entities when they are accessing or using the Services or any Content under their own  ASGARD account, rather than under your account. 

“Governing Laws” and “Governing Courts” mean, for each ASGARD Contracting Party, Singaporean jurisdiction. “Indirect Taxes” means applicable taxes and duties, including, without limitation, VAT, service tax, GST, excise  taxes, sales and transactions taxes, and gross receipts tax. 

“Intellectual Property License” means the separate license terms that apply to your access to and use of  ASGARD Content and Services. 

“Losses” means any claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys’  fees). 

“Policies” means the Acceptable Use Policy, Privacy Notice, the Site Terms, the Service Terms, and the ASGARD Trademark Guidelines. 

“Privacy Notice” means the privacy notice located Privacy Notice (and any successor or related locations  designated by us), as may be updated by us from time to time. 

“Service” means each of the services made available by us or our affiliates, including those web services  described in the Service Terms. Services do not include Third-Party Content. 

“Service Level Agreement” means all service level agreements that we offer with respect to the Services and post  on the ASGARD Site, as they may be updated by us from time to time.  

“Service Terms” means the rights and restrictions for particular Services.

“Site Terms” means the terms of use of the ASGARD Site located at Site Terms (and any successor or related  locations designated by us), as may be updated by us from time to time. 

“Suggestions” means all suggested improvements to the Services or ASGARD Content that you provide to us. “Term” means the term of this Agreement described in Section 5.1. 

“Termination Date” means the effective date of termination provided in a notice from one party to the other in  accordance with Section 5. 

“Third-Party Content” means Content made available to you by any third party on the ASGARD Site or in  conjunction with the Services. 

“Your Content” means Content that you or any End User transfers to us for processing, storage or hosting by the  Services in connection with your ASGARDaccount and any computational results that you or any End User derive  from the foregoing through their use of the Services. Your Content does not include Account Information.