Subscription Agreement

OPIS Subscription Agreement

END USER LICENSE AGREEMENT – IMPORTANT – READ CAREFULLY: These are the terms and conditions on which an End User (as defined below) may use Oil Price Information Service, LLC’s (“OPIS”) website, mobile and other online services and the content/services available on them (which we call “OPIS Content”). These terms apply to an End User’s use of OPIS Content irrespective of the delivery platform or device used by an End User to access it. By completing the electronic acceptance process and clicking the acceptance button or by accessing OPIS Content the End User is agreeing to these terms and conditions. If an End User uses OPIS Content in the course of the End User’s business or work, the End User is also agreeing to these terms and conditions on behalf of that business. For purposes hereof, the term “End User” includes any subscriber, any free trial user of the Service (as defined below), any purchaser of a multiple-user account or any user of the Service. Any purchaser or user of any materials accessible via the Service is an End User for purposes of this Agreement. The following subscription agreement terms and conditions, consisting of the provisions below and the terms of the Privacy Policy and Website Terms of Use and incorporated herein as part of such subscription agreement (the “Agreement”), govern an End User’s paid or trial subscription to and use of the OPIS website, content and service (collectively, the “Service”). The Agreement is a legal and binding instrument entered into as of the date of electronic acceptance by End User (the “Effective Date”), by and between OPIS and End User, the individual or entity entering into this Agreement. OPIS reserves the right to amend this Agreement from time to time without notice to End User. 1. End User Rights and Restrictions. a. Access to Service. The Service is a paid subscription service, and as such End User agrees that his/her access shall only be restricted to the term and level of subscription term for which OPIS has received payment or provided for trial access. During the Term of this Agreement, and upon End User’s payment of all applicable Subscription Fees or during the term of End User’s free trial, OPIS will enable End User to access and utilize the Service as contemplated herein, and End User may access and use the Service pursuant to and in accordance with the provisions of this Agreement. b. Transfer of Content. End User shall be solely responsible for all content transferred by End User or any other party in connection with End User’s access and/or use of the Service. c. Prohibition on Reverse Engineering. End User may not reverse engineer, decompile or otherwise attempt to decipher any code in connection with the Service or any other aspect of OPIS’s technology. No End User may utilize any automated computer program or activity to search, index, test, download, or grab information from the Service (including but not limited to web robots, spiders, and crawlers). OPIS reserves the right to block or otherwise prevent the unauthorized use of such programs or activities. d. No Distribution. End User may not resell, distribute, or otherwise use the Service on a timeshare or service bureau basis. Neither the Service nor any content related to the Service may be copied, reproduced, framed, hyperlinked, republished, downloaded, uploaded, posted, transmitted or distributed in any way. End User may not redistribute, reproduce, retransmit, disseminate, sell, publish, broadcast or circulate the information contained in the Service to any third party without the express written consent of OPIS. It is strictly prohibited for any End User to download copies of the Service or any content related thereto for archival use. No other distribution of the Service or any content related thereto by any End User including, but not limited to, distribution via site licensing, on-line distribution, off-line downloading, tapes, discs, CD-ROM, optical media, hard copy formats, or print publication shall be permitted without the express written permission of an authorized officer of OPIS. End User specifically agrees and understands that no rights of dissemination by any third party and no rights to sub-license to any third party are being granted to you under this Agreement. Except for the limited license specifically provided herein, this Agreement shall not transfer to End User any right to, or interest in, the Service, or in any content included in the Service, or in any copyright or trademark pertaining thereto. End User acknowledges that End User has no claim to ownership of the Service or any content related thereto simply by reason of End User’s use of or access to the Service. e. No Other Rights. No other rights are granted hereunder except as expressly set forth in this Agreement. 2. Copyrights and Trademarks. Except for the limited license rights granted in this Agreement, all right, title, and interest in and to the Service (including, but not limited to, any images, photographs, animations, video, audio, music, text, content, computer code or applets incorporated into the Service), any accompanying printed materials, and any copies of the Service are owned by OPIS. All rights in and to the content that may be accessed through use of the Service is the property of the respective content owners and may be protected by applicable copyright or other intellectual property laws and treaties. This Agreement grants no rights to use such content. All rights not expressly granted are reserved by OPIS and/or the owner(s) of the Service or other materials. 3. Term and Termination. a. Term. This Agreement shall commence on the Effective Date and continue for the agreed to subscription or trial period. b. Termination for Cause. OPIS reserves the right to terminate this Agreement immediately if End User breaches any of its material obligations under this Agreement. c. Effect of Termination. Upon termination of this Agreement, End User will immediately discontinue all access to and use of the Service. OPIS shall not be liable for any damages resulting from a termination of this Agreement as provided for herein; provided, however, the termination of this Agreement shall not affect any claim arising prior to such termination. 4. DISCLAIMER OF WARRANTIES.  END-USER HEREBY ACKNOWLEDGES AND AGREES THAT THE SERVICE IS PROVIDED BY OPIS ON AN “AS IS” BASIS, AND END USER’S ACCESS TO AND/OR USE OF THE SERVICE IS AT ITS SOLE RISK. OPIS EXPRESSLY DISCLAIMS ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THOSE OF MERCHANTABILITY, SATISFACTORY QUALITY, TITLE, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. OPIS MAKES NO WARRANTY THAT THE SERVICE WILL MEET THE REQUIREMENTS OF END USER OR THAT THE SERVICE WILL BE UNINTERRUPTED, TIMELY OR ERROR-FREE, NOR DOES OPIS MAKE ANY WARRANTY AS TO THE RESULTS THAT MAY BE OBTAINED FROM THE USE OF THE SERVICE OR THE ACCURACY OF ANY OTHER INFORMATION OBTAINED THROUGH THE SERVICE OR THAT ANY DEFECTS WILL BE CORRECTED. END USER UNDERSTANDS AND AGREES THAT ANY MATERIAL AND/OR DATA DOWNLOADED OR OTHERWISE OBTAINED THROUGH THE USE OF THE SERVICE IS DONE AT THE SOLE RISK OF END USER AND THAT END USER WILL BE SOLELY RESPONSIBLE FOR ANY DAMAGE TO ITS COMPUTER SYSTEM OR LOSS OF DATA THAT RESULTS FROM THE DOWNLOAD OF SUCH MATERIAL AND/OR DATA. NO INFORMATION OR ADVICE, WHETHER ORAL OR WRITTEN, OBTAINED BY END USER FROM OPIS OR THROUGH THE SERVICE SHALL CREATE ANY WARRANTY NOT EXPRESSLY MADE HEREIN. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES, SO SOME OF THE ABOVE EXCLUSIONS MAY NOT APPLY TO END USER. 5. LIMITATION ON LIABILITY. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL OPIS AND/OR ITS AFFILIATES BE LIABLE FOR ANY DIRECT, INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES OR ANY DAMAGES WHATSOEVER INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF USE, DATA, OR PROFITS, ARISING OUT OF OR IN ANY WAY CONNECTED WITH THE USE OR PERFORMANCE OF THE OPIS WEB SITE OR THE SEVICE, WITH THE DELAY OR INABILITY TO USE THE OPIS WEB SITE OR RELATED SERVICES, THE PROVISION OF OR FAILURE TO PROVIDE SERVICES, OR FOR ANY INFORMATION, SOFTWARE, PRODUCTS, SERVICES AND RELATED GRAPHICS OBTAINED THROUGH THE OPIS WEB SITE, OR OTHERWISE ARISING OUT OF THE USE OF THE OPIS WEB SITE OR RELATED SERVICE, HOWEVER CAUSED AND BASED ON ANY THEORY OF LIABILITY, AND WHETHER OR NOT FOR BREACH OF CONTRACT, NEGLIGENCE, OR OTHERWISE, AND WHETHER OR NOT OPIS HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. OPIS’S LIABILITY HEREUNDER IS LIMITED TO ANY FEES PAID BY END USER TO OPIS DURING THE IMMEDIATELY PRECEDING 12 MONTH PERIOD. SOME JURISDICTIONS DO NOT ALLOW LIMITATION OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO SOME OF THE ABOVE LIMITATIONS MAY NOT APPLY TO END USER. 6. Indemnification.  End User hereby agrees, at its sole expense, to indemnify, defend and hold OPIS harmless from and against any loss, cost, damages, liability or expense arising out of or relating to (i) a third-party claim, suit, proceeding, action or allegation of infringement based on information, data, files or other content submitted by End User or otherwise related to End User’s access to and/or use of the Service; or (ii) any fraud or manipulation, or other breach of this Agreement by End User.