BIDATASK Marketplace User Agreement

This BIDATASK Marketplace User Agreement, including the incorporated Policies, (collectively, the “Agreement”) is entered into by and between the company or individual specified during this online registration process (“User”) and BIDATASK Ltd of Global house, 1 Ashley avenue, KT18 5AD, Epsom, Surrey England, UK. (“BIDATASK”) for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged. Capitalized terms are defined throughout the Agreement and in Section 13.

1.THE BIDATASK MARKETPLACE.

1.1 Purpose of the BIDATASK Marketplace. The BIDATASK Marketplace is an online portal and website provided by BIDATASK where Users may locate Buyers of Services or Providers of Services. In addition, payments for the Services contracted for through the BIDATASK Marketplace are made through the BIDATASK Marketplace. On the BIDATASK Marketplace, Buyers may post Assignments to invite bids by Providers and Providers may post information about their capabilities and bid on Assignments, all subject to the Policies (as updated from time to time), which are hereby incorporated into this Agreement, as well as all other terms of this Agreement. Such Policies are updated from time to time, and when they are updated, they become a part of this Agreement. User agrees that in case of any inconsistencies between the Policies and the other terms of this Agreement, the latter shall prevail.

1.2 Role of Service Contracts and the Role of BIDATASK. If a Buyer accepts a Provider’s bid for an Assignment, a services contract is formed directly between such Buyer and Provider subject to the terms specified in Section 2 (Service Contract Terms Between Buyer and Provider) and/or any other terms and conditions that Buyer and Provider may agree upon through the BIDATASK Marketplace (“Service Contract”). User agrees that, whether acting as a Buyer or Provider, User shall not agree on any terms outside the BIDATASK Marketplace and any attempt to agree on terms outside the BIDATASK Marketplace shall constitute a material breach of this Agreement and be null and void. BIDATASK is not a party to any Service Contract except to the extent BIDATASK is acting as a Buyer or Provider. BIDATASK itself does not deliver any Assignments or Work Product, nor does BIDATASK guarantee the quality thereof, except to the extent BIDATASK is acting as a Provider.

1.3 Acknowledgement of BIDATASK’s Interest in Proper Performance of Service Contracts. Even to the extent BIDATASK is not a party to a Service Contract, User acknowledges and agrees that the reputation and goodwill of BIDATASK may be adversely affected if, as a Buyer or Provider, the User engages in violations of the Service Contract. User further acknowledges and agrees that BIDATASK is an intended third-party beneficiary of each Service Contract User enters into and BIDATASK has the right to take such legal actions against User as BIDATASK, in its sole discretion, deems necessary to protect the interests of BIDATASK.

1.4 Payment of BIDATASK Fee. User agrees that BIDATASK shall be paid a fee (the “BIDATASK Fee”) for maintaining the BIDATASK Marketplace. The amount of such fee and the method of its payment are set forth in the Billing and Payments Policy.

2.SERVICE CONTRACT TERMS BETWEEN BUYER AND PROVIDER.

Unless Buyer and Provider expressly agree otherwise through the BIDATASK Marketplace, User agrees that all Service Contracts between User and any Buyer or Provider regarding particular Assignments shall be subject to the following terms and conditions:

2.1 Services. Provider shall perform Services in a professional and workmanlike manner. Under Fixed Price Assignments, Provider shall deliver the agreed-upon Work Product. Under Bill Rate Assignments, Provider shall use reasonable efforts to create the desired Work Product. Provider may not subcontract with third parties to perform Services on behalf of Provider or assist Provider in performing Services unless Provider has obtained Buyer’s prior written consent to such arrangement.

2.2 Fees. Buyer shall pay Provider the agreed-upon fees for time spent (under Bill Rate Assignments) or delivery of the Work Product (under Fixed Price Assignments). All amounts paid by Buyer shall be paid through the BIDATASK Marketplace as set forth in the Billing and Payments Policy.

2.3 Termination. Under Bill Rate Assignments, either party may terminate the Service Contract at any time for any or no reason, provided that Buyer remains obligated to pay for any time Provider spent prior to termination. Fixed Price Assignments may only be terminated by mutual agreement.

2.4 Buyer Deliverables. Buyer grants Provider a limited, non-exclusive, revocable (at any time, at Buyer’s sole discretion) right to use the Buyer Deliverables as necessary for the performance of the Services. Buyer reserves all other rights and interest, including, without limitation, all Proprietary Rights, in and to the Buyer Deliverables. Upon completion or termination of the Assignment, or upon request by the Buyer, Provider shall immediately return all Buyer Deliverables to the Buyer and purge all copies of Buyer Deliverables and Work Product contained in or on Provider’s premises or systems or otherwise under Provider’s control.

2.5 Work Product. Any copyrightable works prepared by Provider in connection with an Assignment for Buyer shall be “works for hire”; consequently, Buyer will be considered the author and owner of such works. Unless prohibited by applicable mandatory law, all Proprietary Rights in and to Work Product shall vest in Buyer upon creation. If under mandatory law, Proprietary Rights do not vest in Buyer upon creation, Provider hereby assigns all Proprietary Rights to Work Product to Buyer, effective upon creation. To the extent that under mandatory law, rights can only be assigned after creation, Provider hereby irrevocably agrees to assign, immediately following the creation, all Proprietary Rights to Work Product to Buyer. To the extent that under mandatory law, Proprietary Rights cannot be assigned, Provider hereby irrevocably agrees to grant, and hereby grants, to Buyer an exclusive (excluding also Provider), perpetual, irrevocable, unlimited, worldwide, fully paid, and unconditional license to use and commercialize Work Product in any manner now known or in the future discovered. To the extent such license grant is not fully valid, effective or enforceable under mandatory law, Provider hereby irrevocably agrees to grant, and hereby grants, to Buyer, such rights as Buyer reasonably requests in order to acquire, as close as possible, all rights equivalent to full legal ownership. In order to ensure that Buyer will be able to acquire, perfect and use such Proprietary Rights, Provider will: (i) transfer possession, ownership, and title to media, models, and other tangible objects containing Work Product to Buyer; (ii) sign any documents at Buyer’s request to assist Buyer in the documentation, perfection and enforcement of its rights; and (iii) provide Buyer with support and reasonable access to information for recording, perfecting, securing, defending, and enforcing such Proprietary Rights. Provider also irrevocably authorizes Buyer to act and sign on Provider’s behalf and take any necessary steps in order to perfect Buyer’s rights under this Agreement. In case that under mandatory law, Provider retains any rights of paternity, integrity, disclosure and withdrawal and any other rights that may be known as or referred to as “moral rights” (collectively “Moral Rights”) or other inalienable rights to Work Product or Confidential Information under this Agreement, Provider irrevocably agrees to waive, and hereby waives, all such rights, or, to the extent Provider cannot waive such rights, Provider agrees not to exercise such rights, until Provider has provided prior written notice to Buyer and then only in accordance with any reasonable instructions that Buyer issues in the interest of protecting its rights. Provider agrees to assist Buyer in every proper way to obtain and enforce the Proprietary Rights and other legal protections for the Work Product in any and all countries. Provider will sign documents that the Buyer may reasonably request for use in obtaining and enforcing such protection, including, but not limited to, any assignment deed which the Buyer may select at its sole discretion. Provider’s obligations under this Section 2.5 will continue even after Provider deregisters from or ceases use of the BIDATASKTM Marketplace. Provider appoints Buyer as Provider’s attorney-in-fact to execute documents on Provider’s behalf for the purposes set forth in this Section 2.5.

2.6 Pre-existing IP in Work Product. User shall ensure that no Work Product created or delivered by User as a Provider includes any pre-existing software, technology or other IP, whether such pre-existing IP is owned by User or a third party including, without limitation, code written by proprietary software companies or developers in the open source community, (collectively “Preexisting IP”) without obtaining the prior written consent of the Buyer to the inclusion of such Preexisting IP in the Work Product. User acknowledges that, without limiting any other remedies, User shall not be entitled to payment for, and shall refund any Provider Fees paid to User for, any Services performed on an Assignment if the Work Product contains any Pre-existing IP that was not approved in accordance with this Section 2.6.

2.7 General. Service Contracts shall be governed by Sections 5 (Confidential Information) 12 (General) and 13 (Definitions) of this Agreement, as applicable either directly or by way of analogy.

2.8 Entire Agreement. The terms and conditions set forth in this Section 2 and/or any additional or different terms expressly agreed by Buyer and Provider through the BIDATASK Marketplace shall constitute the entire agreement and understanding of Buyer and Provider with respect to each Service Contract and shall cancel and supersede any other prior or contemporaneous discussions, agreements, representations, warranties, and/or other communications between them.

2.9 No Contracts outside the BIDATASK Marketplace. User, whether as a Buyer or Provider, agrees to use the BIDATASK Marketplace solely to enter into all contracts with other Users and shall take no steps to use any other means to enter into any contract with any other User that was introduced through the BIDATASK Marketplace.

3.ACKNOWLEDGMENTS BY USER OF BIDATASK’S ROLE.

3.1 Service Contracts. User expressly acknowledges, agrees and understands that:

(i) the BIDATASK Marketplace is merely a venue where Users may act as Buyers or Providers;

(ii) BIDATASK is not a party to any Service Contracts between Buyers and Providers;

(iii) BIDATASK shall not have any liability or obligations under or related to Service Contracts or any acts or omissions by Users;

(iv) BIDATASK has no control over Providers or over the Services promised or rendered by Providers;

and,

(v) BIDATASK makes no representations as to the reliability, capability, or qualifications of any Provider or the quality, security or legality of any Service.

3.2 BIDATASK Tools. BIDATASK and its licensors reserve all Proprietary Rights in and to the BIDATASK Tools. User may not use the BIDATASK Tools except as necessary for the purposes of discharging its obligations under this Agreement and any Service Contract entered into pursuant to this Agreement and on the terms set out in the License Agreement. BIDATASK reserves the right to suspend or terminate User’s access to the BIDATASK Marketplace and BIDATASK Tools at any time in its sole discretion, and to withdraw, expand and otherwise change the BIDATASK Marketplace and BIDATASK Tools (including the functionality of the BIDATASK Tools) at any time in BIDATASK’s sole discretion. Without limiting any provisions contained in the License Agreement, User shall not be entitled to create any “links” to the BIDATASK Tools, or “frame” or “mirror” any content contained on, or accessible through, the BIDATASK Tools, on any other server or internet-based device.

3.3 BIDATASK’s Compensation. BIDATASK is paid its fees for the maintenance of the BIDATASK Marketplace. All fees are non-refundable, whether or not Assignments were satisfactorily completed.

4.FEES AND PAYMENTS.

4.1 Provider Fees. BIDATASK shall act as a payment processor for Provider Fees as set forth in the Billing and Payments Policy.

4.2 Formal Invoices and Taxes. BIDATASK shall have no responsibility for determining the necessity of or for issuing any formal invoices, or for determining, remitting, or withholding any taxes applicable to Provider Fees. Instead, Provider shall be solely responsible for determining whether it is required by applicable law to issue any formal invoices for the Provider Fees and for issuing any invoices so required. Provider shall also be solely responsible for: (a) determining whether Provider or BIDATASK is required by applicable law to remit to the appropriate authorities any value added tax or any other taxes or similar charges applicable to the Provider Fees, and remitting any such taxes or charges to the appropriate authorities on behalf of itself or BIDATASK, as appropriate; and (b) determining whether BIDATASK is required by applicable law to withhold any amount of the Provider Fees, notifying BIDATASK of any such requirement and indemnifying BIDATASK (either by permitting BIDATASK to offset the relevant amount against a future payment of Provider Fees or by refunding to BIDATASK the relevant amount, at BIDATASK’s sole discretion) for any requirement to pay any withholding amount to the appropriate authorities. BIDATASK shall have the right, but not the obligation, to audit and monitor Provider’s compliance with applicable tax laws as required by this Section 4.2.

4.3 Invoices to Buyer. Buyer will be invoiced for Provider Fees in accordance with the Billing and Payments Policy. If Buyer believes a Bill Rate Assignment charge to be incorrect, Buyer shall notify BIDATASK within the time period set forth in the Billing and Payments Policy, in which case BIDATASK will investigate the Time Log to determine, in its sole discretion, whether an adjustment is appropriate. BIDATASK’s determination shall be final. If Buyer does not notify BIDATASK within this time, the charge automatically becomes final.

4.4 Payment. Buyer hereby authorizes BIDATASK to run credit card authorizations on all credit cards provided by Buyer, to store credit card details as Buyer’s method of payment for Services, and to charge Buyer’s credit card (or any other form of payment authorized by BIDATASK or mutually agreed to between Buyer and BIDATASK) in accordance with the Billing and Payments Policy.

4.5Dispute Resolution Policy. All disputes between a Provider and a Buyer regarding the chargeable nature of the number of hours recorded in the Time Logs shall be resolved pursuant to BIDATASK’s Dispute Resolution Policy.

4.6 Assignment Expenses. Provider shall not be entitled to reimbursement for any expenses incurred in the performance of the Services other than Assignment Expenses. BIDATASK shall reimburse Provider for any Assignment Expenses in the Payment Period following BIDATASK’s receipt of the Buyer’s payment for such Assignment Expenses.

4.7 No Direct Payments. Buyer shall make all payments relating to, or in any way connected with, an Assignment (including, without limitation, bonuses) through the payment channels provided or specified by BIDATASK, and shall not make any such payments directly to a Provider or through any other payment channels. Buyer shall immediately notify BIDATASK if a Provider requests that Buyer make a payment directly to it or through any channels other than those provided or specified by BIDATASK. Provider shall not accept any payments relating to an Assignment (including, without limitation, bonuses) from a Buyer directly or through any payment channels other than those provided or specified by BIDATASK. Provider shall immediately notify BIDATASK if a Buyer or any of its agents attempts to make a payment to Provider directly or through any payment channels other than those provided or specified by BIDATASK.

5.CONFIDENTIAL INFORMATION.

5.1 Confidentiality. Subject to Section 5.4 (Limited Obligations of BIDATASK), to the extent a Buyer provides Confidential Information to a Provider or to BIDATASK, the Provider or BIDATASK (as the case may be) shall protect the secrecy of the Confidential Information with the same degree of care as it uses to protect its own confidential information, but in no event with less than due care, and shall not: (i) disclose Confidential Information to anyone except, in the case of BIDATASK, to any Provider engaged by Buyer for the Assignment; and (ii) use the Confidential Information, except as necessary for the performance of Services for the relevant Assignment (including, without limitation, the storage or transmission of Confidential Information on or through BIDATASK Tools for use by Provider).

5.2 Return. If and when Confidential Information is no longer needed for the performance of Services for the relevant Assignment, or at the Buyer’s written request (which may be made at any time at Buyer’s sole discretion), Provider or BIDATASK (as the case may be) shall promptly destroy or return to Buyer all Confidential Information and any copies thereof contained in or on its premises or systems or otherwise under its control. Provider and BIDATASK agree to provide written certification to Buyer of compliance with this Section 5.2 within ten (10) days after the receipt of Buyer’s written request to certify.

5.3 Publications. Without limiting Section 5.1 (Confidentiality), neither Provider nor BIDATASK shall publish, or cause to be published, any Confidential Information or Work Product.

5.4 Limited Obligations of BIDATASK. With respect to maintaining the confidentiality of and returning Confidential Information provided to a Provider engaged by Buyer for the Assignment, BIDATASK’s obligations shall be limited to requiring such Provider to execute an agreement requiring at least the level of confidentiality specified in Section 5.1 (Confidentiality), the return of Confidential Information in a manner materially similar to Section 5.2 (Return) and a restriction on publishing Confidential Information and Work Product similar to Section 5.3 (Publications).

6.WARRANTY DISCLAIMER.

BIDATASK MAKES NO EXPRESS REPRESENTATIONS OR WARRANTIES WITH REGARD TO THE SERVICES, WORK PRODUCT, BIDATASK TOOLS, BIDATASK MARKETPLACE OR ANY ACTIVITIES OR ITEMS RELATED TO THIS AGREEMENT. TO THE MAXIMUM EXTENT PERMITTED BY LAW, BIDATASK DISCLAIMS ALL EXPRESS OR IMPLIED CONDITIONS, REPRESENTATIONS AND WARRANTIES INCLUDING, BUT NOT LIMITED TO, THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. SECTION 9.2 (TERMINATION) STATES USER’S SOLE AND EXCLUSIVE REMEDY AGAINST BIDATASK WITH RESPECT TO ANY DEFECTS, NON-CONFORMANCES OR DISSATISFACTION.

7.LIMITATION OF LIABILITY.

IN NO EVENT WILL BIDATASK BE LIABLE FOR ANY SPECIAL, CONSEQUENTIAL, INCIDENTAL, EXEMPLARY OR INDIRECT COSTS OR DAMAGES, LITIGATION COSTS, INSTALLATION AND REMOVAL COSTS, OR LOSS OF DATA, PRODUCTION OR PROFIT. THE LIABILITY OF BIDATASK TO ANY USER FOR ANY CLAIM ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT SHALL NOT EXCEED THE GREATER OF: (A) U.S. $2,500; AND (B) ANY BIDATASK FEES RETAINED BY BIDATASK WITH RESPECT TO ASSIGNMENTS ON WHICH USER WAS INVOLVED AS BUYER OR PROVIDER DURING THE SIX (6) MONTH PERIOD PRECEDING THE DATE OF THE CLAIM. THESE LIMITATIONS SHALL APPLY TO ANY LIABILITY, ARISING FROM ANY CAUSE OF ACTION WHATSOEVER, WHETHER IN CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY OR OTHERWISE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH COSTS OR DAMAGES AND EVEN IF THE LIMITED REMEDIES PROVIDED HEREIN FAIL OF THEIR ESSENTIAL PURPOSE.

8.INDEMNIFICATION.

User shall indemnify and hold harmless (on a monthly basis, as costs are incurred) BIDATASK and its subsidiaries, affiliates, officers, agents, employees, representatives and co-branders or other partners (each an “Indemnified Party” for purposes of this Section 8) from any and all claims, damages, liabilities, costs, and expenses (including, but not limited to, reasonable attorneys’ fees and all related costs and expenses) incurred by the Indemnified Party as a result of any claim, judgment, or adjudication that any Work Product, Service or action or omission by such User infringes Proprietary Rights or other rights of such third party.

9.TERM AND TERMINATION.

9.1 Term. The term of this Agreement commences on the Effective Date and continues in effect until terminated in accordance with Section 9.2 below.

9.2 Termination. Either party may terminate this Agreement at any time, with or without cause, effective immediately upon written notice to the other party, provided that any such termination for convenience shall not affect the validity of any Service Contracts that have been concluded prior to termination and this Agreement shall continue to apply with respect to such Service Contracts.

9.3 Consequences of Termination. Termination shall not relieve Buyer of the requirement to pay for time spent and expenses incurred prior to the effective date of the termination, which fees and expenses, together with any applicable taxes, shall be invoiced to Buyer following termination pursuant to Section 4.3 (Invoices to Buyer), and charged to Buyer’s credit card or other form of payment pursuant to Section 4.4 (Payment). Subject to Section 4.5 (Dispute Resolution Policy), BIDATASK shall pay Provider, in accordance with the provisions of Section 4 (Fees and Payments), for all time recorded in the Time Logs and Assignment Expenses incurred prior to the effective date of the termination.

9.4 Survival. Sections 3 through 13 of this Agreement shall survive any termination thereof.

10.AUDIT RIGHTS.

10.1 Provider shall create records to document its compliance with this Agreement (including, but not limited to, compliance with tax laws) and provide copies of such records to BIDATASK on request. BIDATASK, or BIDATASK’s advisors or agents, shall have the right, but not the obligation, to routinely, but no less frequently than annually, audit Provider’s operations and records to confirm compliance.

11.ENTIRE AGREEMENT; PREVIOUS AGREEMENTS AND ONGOING ASSIGNMENTS.

11.1 Entire Agreement. This Agreement, including the incorporated Policies, sets forth the entire agreement and understanding of the parties relating to its subject matter and cancels and supersedes any prior or contemporaneous discussions, agreements, representations, warranties, and other communications between them. In particular, this Agreement cancels and supersedes any BIDATASK Buyer Services Agreement, Freelancer Provider Services Agreement, and/or Affiliate Services Agreement that User might have previously entered into with BIDATASK (“Previous Agreements”). In case of any inconsistencies between the Policies and the other terms of this Agreement, the latter shall prevail.

11.2 Rights and Obligations under Previous Agreements. As of the Transition Date, User shall have no rights against BIDATASK under Previous Agreements except that User remains entitled to any fees for Services which User has become entitled to receive from BIDATASK under the terms of such Previous Agreements and which BIDATASK has not remitted as of the Transition Date. BIDATASK remains entitled to payment on invoices for Assignments commenced under Previous Agreements with User. User’s continued use of the BIDATASK Marketplace as a Buyer or Provider on or after the Transition Date shall be solely governed by the terms of this Agreement.

11.3 Ongoing Assignments. Failure by any Buyer to terminate any Assignment commenced under a Previous Agreement prior to the Transition Date (“Ongoing Assignment”) constitutes an offer to the Provider under such Ongoing Assignment to continue the Ongoing Assignment under a Service Contract with the terms and conditions set forth in Section 2 (Service Contract Terms Between Buyer and Provider) or any other terms expressly agreed to by the Buyer and the Provider through the BIDATASK Marketplace (“Offer to Continue”). A Provider’s continuation of work on any Ongoing Assignment on or after the Transition Date constitutes the Provider’s acceptance of the Buyer’s Offer to Continue such Ongoing Assignment.

11.4 No Violation of Non-Solicitation Provisions. Under no circumstances shall participation in and interaction with other Users exclusively through the BIDATASK Marketplace be viewed as a prohibited solicitation under the terms of any Previous Agreement. Without limiting the generality of Section 11.1, any non-solicitation and/or no-hire clauses under Previous Agreements are cancelled.

12.GENERAL.

12.1 No Employment. User acknowledges and agrees that this Agreement does not constitute an employment agreement or create or acknowledge an employment relationship (neither with BIDATASK nor with any other User). The parties shall be independent contractors at all times and not partners, joint ventures or otherwise participants in a joint undertaking.

12.2 Limited Privacy. User acknowledges and understands that any Work Product, Time Logs, workstation images and any other information (including the terms of this Agreement) that User provides or makes available on BIDATASK Marketplace as a Provider may be made available to Buyers and others in accordance with BIDATASK’s Privacy Policy. User has no expectation of privacy related to Services or any other activities performed as a Provider in connection with this Agreement.

12.3 Compliance. User shall not violate any laws or third party rights on or related to the BIDATASK Marketplace. Without limiting the generality of the foregoing, User agrees to comply with all applicable import and export control laws and third parties’ Proprietary Rights.

12.4 Notices. Notices hereunder shall be invalid unless made in writing (fax, email, signed document or electronic communication through BIDATASK Marketplace suffice).

12.5 Modifications.

(a) BIDATASK may notify User (including by electronic notice in the BIDATASK Tools, on BIDATASK Marketplace, or on or through any other BIDATASK programs utilized by User) of modifications or amendments to the terms of this Agreement and/or the Policies. Such modifications or amendments shall take effect from the later of the date BIDATASK issues the notice and the date specified by BIDATASK in the notice.

(b) Except only as permitted by Section 12.5a, no modification or amendment to this Agreement shall be binding upon either party unless in a written instrument signed by a duly authorized representative of each party (and, for the purposes of this Section 12.5b, a written instrument shall expressly exclude electronic communications such as email and electronic notices but shall include facsimiles).

12.6 Dates and Timelines. All references to days shall be to business days (Monday to Friday, GMT, excluding bank holidays), except as expressly noted otherwise.

12.7 No Waiver. The failure or delay of either party to exercise or enforce any right or claim does not constitute a waiver of such right or claim and shall in no way affect that party’s right to later enforce or exercise it, unless such party issues an express written waiver, signed by a duly authorized representative.

12.8 Assignability. User shall not be entitled to assign this Agreement, or any of its rights or obligations hereunder, without BIDATASK’s prior written consent in the form of a written instrument signed by a duly authorized representative of each party (and, for the purposes of this Section 12.8, a written instrument shall expressly exclude electronic communications such as email and electronic notices but shall include facsimiles).

12.9 No 3rd Party Beneficiary Rights. Except as specified in Sections 1 (The BIDATASKTM Marketplace) and 2 (Service Contract Terms Between Buyer and Provider), this Agreement shall:

(a) create rights and obligations only between BIDATASK and each individual User that accepts this Agreement;

And

(b) not create any rights for any other parties. For the avoidance of doubt, without any limitation, no user shall be entitled to enforce the terms of this Agreement as they apply between BIDATASK and another user.

12.10 Severability. If and to the extent any provision of this Agreement is held illegal, invalid, or unenforceable in whole or in part under applicable law, such provision or such portion thereof shall be ineffective as to the jurisdiction in which it is illegal, invalid, or unenforceable to the extent of its illegality, invalidity, or unenforceability, and shall be deemed modified to the extent necessary to conform to applicable law so as to give the maximum effect to the intent of the parties. The illegality, invalidity, or unenforceability of such provision in that jurisdiction shall not in any way affect the legality, validity, or enforceability of such provision in any other jurisdiction or of any other provision in any jurisdiction.

12.11 Choice of Law. This Agreement and any dispute arising out of or relating to this Agreement (“Dispute”) shall be governed by and construed in accordance with the laws of England and Wales.

12.12 Arbitration. All Disputes shall be finally resolved by binding arbitration before three (3) arbitrators, selected and proceeding pursuant to the International Arbitration Rules of the International Centre for Dispute Resolution (ICDR), in the English language, in London on which all three arbitrators unanimously agree. The arbitrators shall, at either party’s request, give a written opinion stating the factual basis and legal reasoning for the decision in the English language. The arbitrators so appointed shall have the authority to determine issues of arbitrability. The arbitrators shall have the authority to award compensatory damages only and shall not award punitive or exemplary damages. The parties, their representatives, other participants and arbitrators shall hold the existence, subject matter and result of arbitration in confidence. Notwithstanding the foregoing, either party may, at its sole discretion, seek injunctive relief in any court of competent jurisdiction (including, but not limited to, preliminary injunctive relief). The prevailing party in any legal proceeding brought by one party against the other party in a Dispute shall be entitled to recover its legal expenses, including, but not limited to, the costs of any court or arbitration proceeding and reasonable attorneys’ fees.

12.13 Prevailing Language. The English language version of this Agreement shall be controlling in all respects and shall prevail in case of any inconsistencies with translated versions, if any.

13.DEFINITIONS.

13.1 “Assignment” means a particular project or set of ongoing tasks for which a Buyer has requested Services to be performed by a Provider.

13.2 “Assignment Expenses” means any expenses incurred by a Provider in relation to an Assignment for which Provider obtained Buyer’s prior written approval.

13.3 “Bill Rate” for an Assignment means, in respect of a Provider, the hourly rate specified in BIDATASK Marketplace.

13.4 “Bill Rate Assignment” means an Assignment for which Buyer is charged based on the Bill Rate.

13.5 “Buyer” means any company or individual, including User, utilizing BIDATASK Marketplace to request Services to be performed by a Provider.

13.6 “Confidential Information” means Buyer Deliverables, Work Product, and any other information provided to, or created by, a Provider for an Assignment, regardless of whether in tangible, electronic, verbal, graphic, visual or other form. Confidential Information does not include material or information that: (a) is generally known by third parties as a result of no act or omission of Provider or Buyer; (b) subsequent to disclosure hereunder, was lawfully received without restriction on disclosure from a third party having the right to disseminate the information; (c) was already known by Provider prior to receiving it from Buyer and was not received from a third party in breach of that third party’s obligations of confidentiality; or (d) was independently developed by Provider without use of Confidential Information.

13.7 “Buyer Deliverables” means instructions, requests, IP and any other information or materials that a Provider receives from a Buyer for a particular Assignment.

13.8 “Effective Date” means the date of acceptance of this Agreement.

13.9 “Fixed Price” means a fixed fee agreed between a Buyer and a Provider, prior to the commencement of an Assignment, for the completion of all Services requested by Buyer for such Assignment.

13.10 “Fixed Price Assignment” means an Assignment for which Buyer is charged a Fixed Price.

13.11 “IP” means any computer programs or routines (in object code, source code, or embedded format, regardless of the medium on which it resides), algorithms, know-how, hardware and/or software configurations, inventions, documentation, translations, text and other works of authorship, data, databases, information, designs, utility models, symbols, logos, marks, names, procedures, processes, technical improvements and any other intangibles as well as the prototypes, samples, copies, and other materialized forms of the foregoing intangibles.

13.12n“License Agreement” means the license agreement between User and BIDATASK relating to use of the BIDATASK Tools software.

13.13 “BIDATASK Team” means the online platform accessed using the BIDATASK Tools software and through which a Buyer communicates with a Provider in relation to an Assignment once such Assignment has commenced.

13.14 “BIDATASK Tools” means any software, information and other items provided by BIDATASK, including, without limitation, BIDATASK Team, BIDATASK share, Mailing List, SVN Source Code Repository and Bugzilla bug-tracking, subject to change and update by BIDATASK from time to time at BIDATASK’s sole discretion.

13.15 “Payment Period” shall mean the four (4) or five (5) week period beginning on the Monday following the prior Payment Period and ending on the Sunday nearest to the last day of the relevant month.

13.16 “Policies” means the policies, obligations and guidelines posted at http://www.bidatask.com/privacy.aspx, as updated by BIDATASK from time to time, which are expressly incorporated into this Agreement.

13.17 “Proprietary Rights” means any and all rights, title, ownership and interest in and to copyrights, mask works, industrial designs, trademarks, service marks, trade names, trade secrets, patents, and any other rights to IP, recognized in any jurisdiction, whether or not perfected.

13.18 “Provider” means any company or individual, including User, utilizing the BIDATASK Marketplace to offer Services for Buyers and/or to enter into Service Contracts.

13.19 “Provider Fees” means: (a) for a Bill Rate Assignment, an amount equal to the number of hours recorded by Provider in the Time Logs, multiplied by the Bill Rate; (b) for a Fixed Price Assignment, the Fixed Price; and (c) any bonuses paid or other payments made by a Buyer for an Assignment, but excluding expenses to which Section 4.6 applies.

13.20 “Services” means software development and other knowledge-based technology services.

13.21 “Time Logs” means the number of hours recorded for a stated period by a Provider in BIDATASK Team (or such other Tool as BIDATASK may nominate from time to time), in compliance with BIDATASK’s Billing and Payments Policy and Policy on Managing and Working on Assignments, for the Services performed in respect of an Assignment.

13.22 “Transition Date” means the Monday following the end of the last Payment Period under any Previous Agreement between User and BIDATASK or, if there is no such Previous Agreement, the Effective Date.

13.23 “Work Product” means any tangible or intangible results or deliverables that Provider agrees to create for, or actually delivers to, Buyer as a result of performing the Services on a particular Assignment, including, but not limited to, configurations, computer programs or other information, or customized hardware, and any IP developed in connection therewith.

By checking the box below and clicking “Submit,” you represent and warrant that you have read and understood and agree to be bound by this Agreement, including the incorporated Policies. If you are entering into this Agreement on behalf of an entity (e.g., a corporation, partnership, or company), you further represent and warrant that you are fully authorized to bind contractually (whether as an employee, contractor, or agent) such entity, and this Agreement will be between such entity and BIDATASK. You agree that any provision in any previous agreement with BIDATASK requiring a written instrument for modifications and/or amendments is hereby cancelled and effective immediately, BIDATASK may modify and/or amend this Agreement and/or the Policies by notifying you electronically.