HashMove | ELP License Agreement

IMPORTANT – PLEASE READ CAREFULLY:

This Enterprise Logistics Platform Software License Agreement (this “Agreement“), formally known as Enterprise Logistics Platform Software License Agreement, is entered into between you, being either an individual or a legal entity duly incorporated and validly existing under the laws of its jurisdiction of incorporation (the “Customer”) and HashMove Inc, a company incorporated under the laws of British Virgin Island, its subsidiaries, or its authorized resellers, as the case may be (“HashMove“).

Each of HashMove and the Customer is hereinafter referred to as a “Party”, and, collectively, as the “Parties”.

WHEREAS, this Agreement is being delivered and entered into in relation to the usage of the Software and Related Materials by the Customer and by, inter alia, signing up, creating an account, accessing, installing, downloading, copying, adopting, incorporating, integrating, applying or otherwise using the Software and Related Materials, the Customer agrees to be bound by the terms and conditions of this Agreement.

IF THE CUSTOMER DOES NOT AGREE TO ALL OF THE TERMS AND CONDITIONS SET OUT IN THIS AGREEMENT, THEN THE CUSTOMER SHOULD NOT SIGN UP, CREATE AN ACCOUNT, DOWNLOAD, INSTALL, ADOPT, INCORPORATE ON ITS WEBSITE, APPLY FOR OR USE THE SOFTWARE AND RELATED MATERIALS.

1. Definitions

Unless otherwise defined in this Agreement, the following words, phrases, or terms shall have the following meanings:

“Confidential Information”
has the meaning set forth in Section 9 of this Agreement.
“Customer Data”
means any data, information or material processed or stored by the Customer in the Software.

“Effective Date”
means the date on which the Customer notifies HashMove of its intention to adopts, incorporates or uses the Enterprise Logistics Platform on its website, application or any other platform to enable itself
or its customers to obtain logistics services use the Enterprise Logistics Platform.

“Enterprise”
means any legal entity which adopts, incorporates or uses the Enterprise Logistics Platform on its website, application or any other platform to enable itself or its customers to obtain logistics services.

“Enterprise Logistics Platform”
means the proprietary software technology developed by HashMove which may be used by Enterprises to enable the Enterprise and/or its customers to obtain logistics services.

“Feedback”
means suggestions, enhancements, feature requests or other feedback provided by the Customer or the Customer’s users to HashMove with respect to the Software.

“Freight Forwarder”
means a company that organizes shipments for individuals or corporations to procure goods from the manufacturer or producer to a market, customer or final point of distribution.

“Payment Notice”
means the notice issued on the Enterprise Logistics Platform in accordance with Section 3.1

“Related Materials”
means all of the user, reference, operating, training, or related information including website content supplied by HashMove in printed or electronic form including new, revised, and corrected documents.

“Software”
means the actual copy of all or any portion of HashMove’s proprietary software technology or service, whether cloud-based or on-premise, including all editions of HashMove’s enterprise digital logistics platform, HashMove’s Enterprise Logistics Platform, HashMove’s website tools (such as vessel schedules, tracking, etc.), and application programming interfaces on any media and in any format and includes backups, patches, service packs, updates, extensions, or permitted merged copies.

“Update”
means a release or version of Software containing functional enhancements, extensions, error corrections or fixes that are generally made available free of charge to HashMove’s customers.

“Usage Data”
means diagnostic and usage related content from the operation of the Software and may include, but is not limited to, type of browsers and systems that are used and/or accessed, licensing, system and service
performance data. Usage Data does not, however, include Customer Data, except in aggregated and de-identified form.

“Users”
means all end users of the Software licensed or made available to the Customer under this Agreement.

2. License and Use of Software

License Fees. For the ‘Basic’ edition of the Digital Logistics Portal, there will be no charge to the Customer for six (6) months at the end of which HashMove will reassess the Customer usage and either extend the ‘Basic’ edition term at no charge or suggest upgrade to the ‘Advanced’ edition. For the ‘Advanced’ edition of the Digital Logistics Portal, the license fees and related charges will be set forth in a separate agreement with the Customer. For the Enterprise Logistics Marketplace, the license fees and related charges will be set forth in a separate agreement with the Customer. In this case there will also be additional charges set forth in a separate agreement with the Customer’s Logistics Providers.
Software License.
Upon payment of the license fees, if applicable and as stated in section 2.1, HashMove hereby grants the Customer a non-exclusive, non-transferable, world-wide license to use the Licensed Software, including documentation and updates to which the Customer is entitled as part of this agreement
Use of Software.
‍HashMove will provide access to the Software to the Customer and the Customer’s authorized Users. The Customer shall use the Software only in accordance with the Documentation and any authorized user policies promulgated by HashMove.
Use Restrictions.
In addition to all other terms and conditions of this Agreement, the Customer shall not:

use the Licensed Software in any manner other than in conjunction with the agreed upon services and hosting framework;
remove any copyright, trademark or other proprietary notices from the Licensed Software;
make any copies of the Software;
rent, lease, license, sublicense or distribute the Licensed Software or any portions of it on a standalone basis or as part of the Customer’s application;
modify or enhance the Licensed Software;
reverse engineer, decompile or disassemble the Licensed Software;
use the Licensed Software to post, publish or transmit any text, graphics, or material that invades another’s privacy or is false or misleading or is likely to infringe the copyright of others or promote bigotry, racism, hatred or harm against any individual or group;
attempt to probe, scan, or test the vulnerability of any system or network;
use the Licensed Software for transmitting viruses, worms, or malicious content; and
create a load on HashMove’s servers and other resources by using the Licensed Software for the purpose of transmitting files between computers.

DATA.
The Customer is solely responsible for entering its Customer Data (including personally identifiable information) into the Software. HashMove shall have the right to use the Customer Data for the sole purpose of providing the Software to the Customer and to perform its obligations under this Agreement, including to prevent or address support, service or technical problems. The Customer shall not upload any Customer Data into the Software without sufficient rights to do so. Without limiting the foregoing, the Customer, (and not HashMove) will be responsible for procuring any licenses from third parties who may have intellectual property rights in the Customer Data and that may be necessary to use the Customer Data in connection with the Software, and the Customer shall ensure that its use of the Customer Data complies with any non-disclosure obligations of the Customer, and any applicable privacy policies or laws. In the course of providing the Customer with access to the Software, HashMove may also collect, use, process and store Usage Data in order to create and compile anonymized and aggregated statistics regarding the Software. The Customer shall be solely responsible for (a) the accuracy, integrity, and legality of Customer Data and the means by which it acquires and uses such Customer Data, (b) determining the suitability of the Software for the Customer’s business, and (c) complying with any regulations and laws, (including, without limitation, import, export, data protection and privacy laws) applicable to the Customer Data and the Customer’s use of the Software. HashMove will have the right to use such data in any manner, subject only to the confidentiality obligations set out in Section 9.
PROPRIETARY RIGHTS.
Except for the rights expressly granted in this Agreement, HashMove reserves all right, title and interest in and to the Software and Documentation, including all intellectual property rights therein.
CORPORATE AUTHORITY.
Except for the rights expressly granted in this Agreement, HashMove reserves all rights, title and interests in and to the Software and the Related Material including all intellectual property rights therein.
CORPORATE AUTHORITY.
If the Customer purports to act on behalf of a body corporate when accessing or using the Software and Related Materials, the Customer represents and warrants that the Customer has the legal capacity, power and authority to bind such body corporate under applicable law and the constitutional documents of such body corporate and has the capacity to enter into, execute, deliver and perform obligations under this Agreement.
RIGHT OF USE.
This Agreement purports to be a license from HashMove and is not a sale of goods. This Agreement grants to the Customer, certain limited rights to use HashMove’s proprietary Software and Related Materials as set out herein. All rights not specifically granted under this Agreement are reserved to HashMove and may not be utilized or accessed by the Customer.
INCORPORATION BY REFERENCE.
This Agreement incorporates by reference herein, HashMove’s standard “Terms of Use” found at: https://hashmove.com/terms-of-use.html, HashMove’s “Privacy Policy” found at: https://hashmove.com/privacy-policy.html and the “Software License Agreement” found at: https://www.hashmove.com/software-license.html.The Customer acknowledges that HashMove may provide the Software to the Customer as a cloud-based solution hosted on Microsoft Azure. In such a case, the Customer shall be bound by the Service Level Agreement (SLA) (found at https://azure.microsoft.com/en-us/support/legal/sla/virtual-machines/v1_9/.
BINDING AMENDMENT.
HashMove may amend, supplement or update all or part of this Agreement and any amendments, supplements or updates to this Agreement shall be binding on the Customer, as soon as such amendments, supplementalor updates are published on HashMove’s website (https://www.hashmove.com). Therefore, the Customer should regularly access HashMove’s website to review the terms of the most recent and up-to-date version of this Agreement.

3. PAYMENT TERMS AND CONDITIONS.

For the adoption and usage of the Enterprise Logistics Platform, Customer/ Freight Forwarders agrees that ONLY HashMove will issue a Payment Notice to the Enterprise Customers on behalf of the Freight Forwarders. They both agree to the terms which are set as below: (i) amount payable by the Enterprise, as applicable, on all the confirmed bookings along with any VAT or Sales Tax applicable in the country where the invoices have been issued. For the avoidance of doubt, please note that any freight costs provided by the freight forwarders through platform will be considered as final and on top all the necessary VAT and Sales Tax will be applicable (if required); (ii) support/maintenance or HashMove Commission fees, if applicable, payable by the Enterprise and/or the Freight Forwarder for the usage of the platform or support and maintenance provided by HashMove in accordance with Section 5.1. All such commission or commission % will be mentioned on platform and considered agreed by the Customer or Freight Forwarders as soon as the booking confirmed by them, and (iii) payment modalities in relation thereto including, inter alia, the billing/account details and timing of the payments. The Enterprise Customer acknowledges that the payment amounts and all payment modalities shall be determined by HashMove and may be amended from time to time, at the absolute discretion of HashMove.iv) all the payments will be paid by the Enterprise Customer to HashMove through its regional entities, or appointed agents, against the invoice(s) and cannot, at any stage demand by the Enterprise Customer to offer to pay such invoicesto the Freight Forwarders or any of its agents directly. This is a non-negotiable Terms and will be applied on all the Bookings made by the Enterprise Customers v) all the payments will be paid in mentioned currency on the invoice (s) and the value on the invoices on weekly, biweekly or monthly intervals to the Freight Forwarders after deducting HashMove’s commission. A proper invoice will be generated to the Freight Forwarder or ELN customers in case any commission amount is chargeable to them. In the event when the invoice value need to be paid in the local currency then then exchange rates will be determined/ suggested by the HashMove unless ELN customer mentioned that at time of raising the Booking enquires and same is accepted by the Freight Forwarders vi) all the invoices shall be paid in full and on due date. HashMove reserves to right to not transfer any title of the purchase until we receive the amount in full.

4. THIRD PARTY COMPONENTS

The Software may include third party software components (“3rd Party Components“). Copyright notices and/or licenses for 3rd Party Components may be requested by contacting HashMove at the following address: legal@hashmove.com. All terms of license(s) of 3rd Party Components’, in conjunction with this Agreement are complete statements of the rights and restrictions of the Customer with respect to the Software.

5. SUPPORT AND MAINTENANCE‍

1. Support.
In exchange for the payment of the Support and Maintenance fees, set forth in a separate agreement (effective after the expiration of the warranty period in section 5), HashMove shall make available to the Customer all Software Updates and Related Materials commercially released during the Support year. HashMove reserves the right to charge a fee for certain functional enhancements included in the Updates.
2. Eligibility of Software.
Support and Maintenance to the Customer will not include services requested as a result of, or with respect to, the following:

improper installation by Customer or use of the Software that deviates from any operating procedures established by HashMove in the applicable Documentation;
modification, alteration or addition or attempted modification, alteration or addition of the Software undertaken by persons other than HashMove or HashMove’s authorized representatives; or
Customer’s use of software or technology of any party other than HashMove that is not approved by HashMove in connection with the Software.

3. Customer’s Obligations

Customer shall provide HashMove with access to Customer’s personnel during normal business hours to assist with Support and Maintenance.
Customer shall use reasonable efforts to provide supervision, control and management of the use of the Software.
Customer shall document and promptly report all errors or malfunctions of the Software to HashMove. Customer shall take all steps necessary to carry out procedures for the rectification of errors or malfunctions within a reasonable time after such procedures have been received from HashMove.
Customer shall properly train its personnel in the use and application of the Software.
Customer shall use reasonable efforts to implement procedures for the protection of information.

6. LIMITED WARRANTY

The Customer acknowledges that the Software is provided to the Customer “as is”. HashMove warrants that the media upon which the Software and Related Materials are provided will be free from defects in materials and workmanship, under normal use and service, for a period of ninety (90) days from the date of receipt of such Software and Related Material. To the maximum extent permitted by applicable law, HashMove makes no other representations or warranties, express or implied, as to merchantability, use of reasonable skill and care, or fitness for any particular purpose. Without limiting the generality of the foregoing, Hashmove assumes no liability for damage to any system on which the Software is installed, for corruption of any data translated by the Software, or for losses arising in the event third parties are able, for any reason, to use or access the Software or the Customer’s Data or services without charge.
The Customer’s exclusive remedy during the warranty period and HashMove’s entire liability under this Agreement shall be to the extent of: (i) replacing the media containing the Software and Related Materials; or (ii) refunding the initial Software license fees paid in accordance with Section 3.1 above.

7. INDEMNIFICATION

INDEMNIFICATION BY HASHMOVE.
HashMove shall, at its expense, defend, indemnify and hold harmless, the Customer and its affiliates, directors, agents and Users against any claim, action or allegation brought against the Customer with respect to the Software which infringes any intellectual property rights of any third party. The Customer shall give prompt written notice to HashMove of any such claim, action or allegation of infringement and give HashMove the authority to proceed as contemplated herein. HashMove will have the exclusive right to defend any such claim, action or allegation and make settlements thereof at its own discretion, and the Customer may not settle or compromise such claim, action or allegation, except with the prior written consent of HashMove. The Customer shall give such assistance and information as HashMove may require to settle or oppose such claims. The Customer may participate in such defense with a counsel of its own choice, at its own expense. For avoidance of doubt, in no event will HashMove’s aggregate liability, in respect of the indemnification provided herein, exceed the amount initially paid by the Customer for the use of the Software as provided in Section 3.1 above.
INDEMNIFICATION BY CUSTOMER.
The Customer shall, at its expense, defend, indemnify and hold harmless, HashMove for itself and as trustee for its officers, affiliates, directors, agents and users (the “Indemnified Parties”), at all times against any claims, actions, demands, costs, loss and liability (including reasonable out-of-pocket costs, and attorneys’ fees, in connection with enforcing this Agreement) incurred, suffered, sustained or required to be paid, directly or indirectly by, or sought to be imposed upon HashMove or the Indemnified Parties, arising from or as a result of: (i) the Customer’s breach or violation of its responsibilities under this Agreement, (ii) claims that the Customer Data or use thereof in the Software infringes or violates the rights of a third party, or (iii) claims that the Customer or its affiliates, directors, agents, and Users use of the Software or services is in violation of this Agreement or infringes or violates the rights of such third party.
OPTIONS.
In the event any claim, action or allegation is brought or threatened in respect of the infringement of the Software, HashMove shall, at its sole option and expense:
1. procure for the Customer the right to continue to use the Software or the infringing part thereof;
2. modify or amend the Software or the infringing part thereof, or replace the Software or the infringing part thereof with other software having substantially the same or better capabilities; or
3. terminate this Agreement and repay to the Customer the initial Software license fee paid in accordance with Section 3.1, reduced on a pro-rated basis by 20% for each year since delivery of the Software, as well as a pro-rated refund of any pre-paid support fees for the then-current support term.
EXCLUSIONS.
HashMove’s obligations under this Section 7 will not apply to the extent the infringement or any claims, actions or allegations arise as a result of modifications to the Software made by any party other than HashMove or HashMove’s authorized representative or as a result of the Customer’s breach of this Agreement and/or arise due to the gross negligence or willful misconduct of the Customer.
LIMITATION.
This Section 7 states the entire liability of HashMove with respect to the infringement of any patent, copyright, trade secret or other proprietary right.

8. LIMITATION OF LIABILITY

Logistics Services
For Digital Logistics Portal, HashMove’s Software connects the Customer with Buyers of Logistics Services. For Enterprise Logistics Marketplace, HashMove’s Software connects the Customer with Seller of Logistics Services. HashMove itself does not offer any Logistics Services, nor does it necessarily endorse or in any manner warrant the quality or fitness for purpose of any services procured using or through HashMove. When you buy or sell Logistics Services through HashMove, you are contracting with the relevant Seller or Buyer, rather than with HashMove. HashMove is not a party to any such contract and in no event will HashMove be liable for any claims arising from the fulfillment of the Logistics Services. The Buyer and Seller of Logistics Services on HashMove’s Software agree not to hold HashMove accountable for any direct damages or consequential damages arising from the fulfillment Logistics Services.
Direct Damages
EXCEPT FOR HASHMOVE’S INDEMNIFICATION OBLIGATIONS AS STATED ABOVE, IN NO EVENT WILL HASHMOVE’S AGGREGATE LIABILITY, ON ALL CLAIMS OF ANY KIND, EXCEED THE AMOUNT INITIALLY PAID BY CUSTOMER FOR THIS LICENSE.
Limitation on Consequential Damages
IN NO EVENT WILL HASHMOVE BE LIABLE TO THE CUSTOMER OR ANY THIRD PARTY FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, EXEMPLARY, OR CONSEQUENTIAL DAMAGES, OR FOR LOSS OF PROFIT, REVENUE, GOODWILL, DATA, BUSINESS OPPORTUNITY, OR FOR SERVICE INTERRUPTION, COMPUTER DAMAGE OR SYSTEM FAILURE, OR FOR THE COST OF OBTAINING SUBSTITUTE SERVICES ARISING OUT OF OR IN CONNECTION WITH THE USE OR PERFORMANCE OF THE SOFTWARE AND RELATED MATERIALS, WHETHER OR NOT SUCH LOSS OR DAMAGE IS REASONABLY FORESEEABLE. IN NO EVENT WILL HASHMOVE’S AGGREGATE LIABILITY, ON ALL CLAIMS OF ANY KIND, EXCEED THE AMOUNT INITIALLY PAID BY CUSTOMER FOR THIS LICENSE.

9. CONFIDENTIAL INFORMATION

Definition. “Confidential Information” means all Software listings, Documentation, information, data, drawings, benchmark tests, specifications, trade secrets, object code and machine-readable copies of the Software, source code relating to the Software, and any information disclosed by either party to the other party, either directly or indirectly, in writing, orally or by inspection of tangible objects that is designated as “Confidential,” “Proprietary” or some similar designation. Information communicated orally will be considered Confidential Information if such information is confirmed in writing as being Confidential Information within a reasonable time after the initial disclosure. Confidential Information may also include information disclosed to a disclosing party by third parties. Confidential Information will not, however, include any information which (a) was publicly known and made generally available in the public domain prior to the time of disclosure by the disclosing party, (b) becomes publicly known and made generally available after disclosure by the disclosing party to the receiving party through no action or inaction of the receiving party, (c) is already in the possession of the receiving party at the time of disclosure by the disclosing party as shown by the receiving party’s files and records immediately prior to the time of disclosure, (d) is obtained by the receiving party from a third party without a breach of such third party’s obligations of confidentiality, (e) is independently developed by the receiving party without use of or reference to the disclosing party’s Confidential Information, as shown by documents and other competent evidence in the receiving party’s possession, or (f) is required by law to be disclosed by the receiving party, provided that the receiving party gives the disclosing party prompt written notice of such requirement prior to such disclosure and assistance in obtaining an order protecting the information from public disclosure.
Non-Use and Non-Disclosure. Each party agrees not to use any Confidential Information of the other party for any purpose except to exercise its rights and perform its obligations under this Agreement. Each party agrees not to disclose any Confidential Information of the other party to third parties or to such party’s employees, except to those employees of the receiving party with a need to know.
Maintenance of Confidentiality. Each party agrees that it shall take reasonable measures to protect the secrecy of and avoid disclosure and unauthorized use of the Confidential Information of the other party. Without limiting the foregoing, each party shall take at least those measures that it takes to protect its own most highly confidential information and shall ensure that its employees who have access to Confidential Information of the other party have signed a non-use and non-disclosure agreement in content similar to the provisions hereof, prior to any disclosure of Confidential Information to such employees. Neither party shall make any copies of the Confidential Information of the other party unless the same are previously approved in writing by the other party. Each party shall reproduce the other party’s proprietary rights notices on any such approved copies, in the same manner in which such notices were set forth in or on the original.
Return of Materials. Upon the termination of this Agreement, each party shall deliver to the other party all of such other party’s Confidential Information that such party may have in its possession or control.

10. OWNERSHIP AND INTELLECTUAL PROPERTY

HashMove owns all right, title and interest in and to the Licensed Software. HashMove expressly reserves all rights not granted to the customer herein, including the right to discontinue or not to release any Software and to alter prices, features, specifications, capabilities, functions, licensing terms, release dates, general availability or characteristics of the Licensed Software. The Software is only licensed and not sold to the Customer by HashMove.

14. THIRD PARTY APPLICATIONS FOR THE SOFTWARE

If you use the Software in conjunction with applications developed by you or third parties, you agree that HashMove is not responsible for those applications and is not liable for any loss or damage resulting from the use of such third-party applications. You must ensure that any license terms for such third-party applications do not: (a) create, or purport to create, obligations for HashMove or its 3rd Party Component licensors with respect to the Software; (b) grant, or purport to grant, any rights to HashMove’s or its 3rd Party Component licensors’ intellectual property; or (c) grant, or purport to grant, any immunities under this Agreement.

12. EXPORT CONTROLS AND COMPLIANCE WITH APPLICABLE LAW

The Customer acknowledges and understands that the export or re-export of certain goods or technical data from Canada, the United States, or the Customer’s applicable jurisdiction may be controlled by export control laws. The Software may be subject to such export restrictions. To the extent that it is, the Software may not be shipped, transferred, licensed, exported, or re-exported into any country or used in any manner prohibited by any applicable export laws, restrictions, or regulations. The Customer is responsible for obtaining any and all appropriate permissions prior to exporting or re-exporting products incorporating, encompassing, or relying upon the Software.

13. TERM AND TERMINATION

Term. This Agreement will be valid for two (2) years from the Effective Date and shall continue in full force and effect, unless terminated in accordance with the provisions contained in this Agreement. Thereafter, this Agreement will automatically renew on a year-to-year basis. Either Party may terminate this Agreement at any time after two (2) years from the Effective Date upon 90 days prior written notice.
Suspension Events. HashMove may, without requiring written notice to Customer, immediately suspend the access and usage of Software and Services if any of the following events (“Suspension Events”) occur:

Customer fails to pay invoice amount due to HashMove within ten (10) days from when the invoice has been issued to the Customer by email or by online account update or by mail;
Customer usage of the Software and Services is not in accordance with the accepted Software usage framework
Customer usage of the Software and Services is outside the allowed limits and features restricted by (a) the Software edition that the Customer has license for, or (b) the terms in the Commercial Contract, MOU or any other document which has been agreed to and signed by both parties.
Customer is in material breach of any non-monetary term, condition or provision of this Agreement
Customer dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity or termination

Termination by Customer. Customer may terminate this Agreement upon the material breach of this Agreement by HashMove, provided that such breach, if capable of being resolved, is not resolved within 30 days after HashMove’s receipt of written notice of such breach.
Termination Events. HashMove may, by written notice to Customer, terminate this Agreement if any of the following events (“Termination Events”) occur:

Customer fails to pay any invoice amount due to HashMove within 30 days after HashMove gives Customer written notice of such nonpayment;
Customer is in material breach of any non-monetary term, condition or provision of this Agreement, which if capable of being resolved, is not resolved within 30 days after HashMove gives Customer written notice of such breach;
Customer (a) terminates or suspends its business, (b) becomes insolvent, admits in writing its inability to pay its debts as they mature, makes an assignment for the benefit of creditors, or (c) becomes subject to direct control of a trustee, receiver or similar authority, or (d) becomes subject to any bankruptcy or insolvency proceeding under federal or state statutes;

Early Termination Fee. In the event that the Customer terminates the Agreement before the end of the term, the Customer will pay HashMove an early termination fee equivalent to the total forecasted recurring HashMove revenue, if any, for the remaining months in the term. This payment shall be made within ten (10) days of the early termination date.

14. NO WAIVER / NO IMPLIED WAIVERS

Any failure or delay by HashMove in enforcing any right or remedy under this Agreement shall not be a waiver of any term or condition of this Agreement nor any subsequent breach thereof.

15. ASSIGNMENT

This Agreement, and any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity or termination, shall be subject to the exclusive jurisdiction of the Courts of the Dubai International Financial Centre.

16. GOVERNING LAW

17. SEVERABILITY

The Parties recognize the uncertainty of the law with respect to certain provisions of this Agreement and expressly stipulate that this Agreement will be construed in a manner that renders its provisions valid and enforceable to the maximum extent possible under applicable law. To the extent that any provisions of this Agreement are determined by a court of competent jurisdiction to be invalid or unenforceable, such provisions will be deleted from this Agreement or modified so as to make them enforceable and the validity and enforceability of the remainder of such provisions and of this Agreement will be unaffected.

18. NOTICES

All notices, requests, demands and other communications under this Agreement must be in writing and will be deemed duly given, unless otherwise expressly indicated to the contrary in this Agreement: (i) when personally delivered; (ii) upon receipt of email; (iii) three (3) days after having been deposited in the mail, certified or registered, return receipt requested, postage prepaid; or (iv) one (1) business day after having been dispatched by a nationally recognized overnight courier service, addressed to a Party or their permitted assigns at the address for such Party first written above.

19. ENTIRE AGREEMENT

This Agreement contains the entire agreement and understanding between the Parties, relating to commercials, superseding all prior contemporaneous communications, representations, agreements, and understandings, oral or written, between the Parties with respect to the subject matter hereof.

19. SUCCESSORS AND ASSIGNS

This Agreement shall bind and inure to the benefit of the respective successors and assigns of the parties hereto, except that the Customer may not assign, delegate or otherwise transfer all or any part of its rights or obligations under this Agreement without the prior written consent of HashMove as provided in Section 15, and any purported assignment made in violation of the provisions of this Agreement shall be void.

21. RELATIONSHIP OF THE PARTIES

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