SUBSCRIPTION Agreement

Section I SERVICES

Vickers Stock Research Corporation hereinafter known as "Vickers" agrees to furnish Prospective Subscriber with access to Vickers-Stock.com upon Prospective Subscriber's acceptance of the Terms of Agreement detailed below. This data is furnished at Prospective Subscriber's request and for Prospective Subscriber's exclusive use. The Vickers-Stock.com site is subject to change and will be updated on either a daily, weekly or monthly basis.

Vickers is engaged in the procurement, preparation, storage, processing and retrieval of information in the form of an alphanumeric electronic Data Base known as the Data Base.

No data or information so furnished may be COPIED or otherwise REPRODUCED, REPACKAGED, REDISTRIBUTED FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, SOLD, RESOLD, LEASED, RENTED, LICENSED, SUBLICENSED, ALTERED, MODIFIED, OR STORED for subsequent use for any purpose, in whole or in part, in any form or by any means whatsoever, by Prospective Subscriber or any other person or entity without the prior written consent of Vickers. In the event that Prospective Subscriber offers or otherwise makes available the database to any third parties or to any other user, competitor or website, Vickers may immediately terminate this Agreement.

Section II Fee-Based Service Charges.


(a) In addition to the charges set forth above, Prospective Subscriber is responsible for all charges associated with connecting to the Site including, without limitation, all telephone access lines (including long-distance charges, when applicable), telephone and computer equipment and any service fees necessary to access the Fee-Based Services.

(b) For purposes of identification, Prospective Subscriber agrees to provide Vickers with accurate, complete, and updated information required by the site subscription registration to the Fee-Based Services ("Registration Data"), including Prospective Subscriber's name, address, telephone number(s), and employer. Failure to comply with this provision (including, without limitation, falsification of any Registration Data) may, at Vickers' option, result in immediate suspension or termination of Prospective Subscriber's right to use the Site.

(c) Prospective Subscriber agrees to promptly update Prospective Subscriber's Registration Data, following subscription help instructions, in the event of any known or suspected unauthorized use of Prospective Subscriber's subscription, or any known or suspected breach of security, including loss, theft, or unauthorized disclosure of Prospective Subscriber's password or credit card information. In the event of a breach of security, Prospective Subscriber will remain liable for any unauthorized use of Prospective Subscriber's subscription until Prospective Subscriber updates Prospective Subscriber's Registration Data.

This Agreement may be terminated without notice by Vickers in the event of any material breach by Prospective Subscriber. In the event of such termination, all sums due and owing by Prospective Subscriber to Vickers shall be paid within ten days of termination. Sections I, II, III, V, VI and VII shall survive termination of this Agreement.

Section III RETURN OF DATA

Upon termination for whatever reason, the Prospective Subscriber shall return any and all software, data and programming provided by Vickers and may not replicate the data in any way on its own system and shall evidence, if requested by Vickers, within fifteen days of such termination, that it has deleted any and all Vickers data from its systems.

 

Section IV REPRESENTATIONS and LIABILITY

All information furnished pursuant to this Agreement is obtained by Vickers from sources believed to be accurate and reliable. Because of the possibility of human or mechanical error and any other factors, all information is provided "as is" without warranty of any kind. Prospective Subscriber agrees that Vickers MAKES NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, TO PROSPECTIVE SUBSCRIBER OR ANY OTHER PERSON OR ENTITY AS TO THE ACCURACY, TIMELINESS, COMPLETENESS, MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OF ANY SUCH INFORMATION. Under no circumstances shall Vickers have any liability to Prospective Subscriber or any other person or entity for (a) any loss damage or injury in whole or in part caused by, resulting from, or relating to, any claim that the Data Base is not current, complete or accurate or for any omission or error (negligent or otherwise), or any other circumstance or contingency within or outside the control of Vickers or any of its directors, officers, employees or agents, in connection with the procurement, collection, compilation, analysis, interpretation, communication, publication or delivery of any information, or (b) any direct, indirect, special, consequential, incidental or compensatory damages whatsoever (including, without limitation, lost profits even if Vickers shall have been advised in advance of the possibility of such damages) caused by or relating to, the use of any information.

Neither the Prospective Subscriber nor Vickers shall be liable in damages for any delay or default caused by force majeure and without such Party's fault or negligence, such as wars, acts of government, strikes, fires, floods, work stoppages, embargoes and/or any inability to obtain materials and in the case of Vickers, any order or opinion of the Securities & Exchange Commission or any state or foreign securities commission that prohibits the dissemination of the data or requires the transmitting party to be registered in a different capacity or for failure to obtain assurances or opinions therefrom that such registration is or is not required.

Notwithstanding anything herein to the contrary, Prospective Subscriber agrees to indemnify, hold harmless, reimburse and defend Vickers and its officers, directors, agents and employees from and against any and all claims, losses, damages, liabilities, obligations and expenses (including, without limitation, settlement costs and any legal, accounting and other expenses for the defense of any action or threatened action) reasonably incurred in connection with the following: (a) the breach of any representation or warranty in this Agreement; (b) any claim that any of the data provided in the Data Base is not current, complete or accurate shall be valid only to the extent that such delay, omission or inaccuracy arises solely from Vickers' own gross negligence or willful misconduct; or (c) any actual or alleged infringement of copyrights, patents, service marks or trademarks or the misappropriation of trade secrets, or other proprietary rights, used and displayed in accordance with the provisions of this Agreement.

These terms of indemnity shall survive the termination of this Agreement. Whenever any claim shall arise for indemnification under this Section, the indemnified party shall promptly notify the indemnifying party of the claim and, when known, the facts constituting the basis for such claims and the amount or an estimate of the amount of the liability arising therefrom, and the indemnifying party shall have the right to defend against any such claim. An indemnified party shall not settle or compromise any claim by a third party for which the indemnified party is entitled to indemnification hereunder without the prior written consent of the indemnifying party, unless such suit in respect of such third-party claim has been initiated against the indemnified party and the indemnifying party shall not have undertaken the defense thereof.

Section V WARRANTIES, PROPRIETARY RIGHTS and PROSPECTIVE SUBSCRIBER USE

Vickers warrants that it is the owner of, or has the right to distribute the Vickers data; that Vickers has used its best efforts to ensure that the information on the Data Base is current, complete and accurate; that the Data Base and the information contained therein does not violate, infringe upon or misappropriate the copyrights, trademarks or any other intellectual property and/or proprietary rights of any third party.

PROSPECTIVE SUBSCRIBER EXPRESSLY WARRANTS AND AGREES that he, she or it is an a) an Individual Investor, b) a Retail Broker, c) an Investor Relations Professional, d) an Investor Relations Agency, e) an Institutional User or f) a Sales and Trading User, as hereinafter defined, who intends to use the Vickers data for individual and internal research use only.  Prospective Subscriber also warrants that he, she or it is not an investment data provider or a competitor of Vickers.  If Prospective Subscriber is an Individual Investor, he or she further warrants that he or she is not employed by investment research provider, investment data provider or any competitor of Vickers and does not intend to provide any Vickers data to any such entity.  Prospective Subscriber agrees that he or she shall not distribute the data as a stand-alone service, package the data with other information in any format to any third party, or in any way use the data to prepare a competitive product. The Prospective Subscriber agrees that Vickers retains all proprietary rights and interests in the Vickers data and Prospective Subscriber may not assert any claim of ownership or obtain any proprietary rights to the data. Prospective Subscriber further agrees not to use or permit anyone to use the data for any illegal purpose or to use the Data Base in any way not pursuant to the terms of this Agreement. 

For purposes of this Agreement, the following definitions apply:

Individual Investor is defined as a Prospective Subscriber who does not manage money, buy/sell/trade/research stocks or represent a public company(s) as a profession nor is he or she employed by a company that collects and or sells or analyzes stock holdings information.

Retail Broker is defined as a broker with a Series 7 license who buys sells securities on behalf of individual investors as opposed to institutions.

Investors Relations Professional is defined as a Subscriber who is an employee of a public company working in that company’s investor relations department.

Investors Relations Agency is defined as a Subscriber who assists public companies in representing themselves to shareholders and prospective shareholders.

Institutional User is defined as a Subscriber that is a broker selling securities to institutions, a corporate entity or department of a corporate entity which engages in investment research, mergers & acquisition or investment banking.

Sales and Trading User is defined as a corporate entity engaged in the business of trading, buying and selling securities.

Lawyers / Legal Professionals User is defined as a Lawyer or employee of a law firm or legal institution.

 

Prospective Subscriber further warrants that based on the above definitions he, she or it has truthfully represented to Vickers his, her its user category and as such is being provided with access to the Site at that subscription level.  Selecting an unauthorized subscription level or falsifying the number of users is a material breach of this Agreement and will cause immediate termination of the services provided herein as well as pursuit by Vickers of any and all legal remedies available.

In the event that any computer software or other machine-readable code is furnished to Prospective Subscriber pursuant to this Agreement then, in addition and without prejudice to the provisions herein, Prospective Subscriber agrees that no right is granted to decompile, disassemble or otherwise reverse-engineer or attempt to reconstruct or discover any source code or underlying ideas or algorithms of the software. Prospective Subscriber expressly agrees to refrain from such activity or to permit or to arrange for any third party to do so.

Neither party shall use any trade name, trademark or service mark of the other or refer to the other party, its products and/or services in any advertisements, promotions, publicity releases or the like without prior written approval of the other party.

The Prospective Subscriber agrees that it is their sole responsibility to purchase any equipment, services, software or hardware necessary to receive the data.

Any violation of this Section shall be considered a material breach for which Vickers may immediately terminate this Agreement.  In addition to termination, Vickers reserves any rights and remedies it may have in law or equity.

Section VI GOVERNING LAW

Vickers warrants that it is a corporation duly organized and in good standing under the laws of the State of New York. Vickers and Prospective Subscriber agree that this Agreement is made and entered into in the State of New York and shall be governed by and construed in accordance with the laws of New York. Prospective Subscriber hereby consents to the exclusive jurisdiction of the courts of the State of New York in the event of any legal proceeding that may result from a dispute or breach of any of the terms of this Agreement.

Section VII WAIVER

No failure or delay by either party in exercising any right under this Agreement shall operate as a waiver thereof, nor shall a single or partial exercise thereof preclude any further exercise of any right under this Agreement.

Section VIII ASSIGNMENT

Prospective Subscriber may not assign its rights or obligations hereunder without the express written consent of Vickers.

Section IX CONFIDENTIALITY

The parties mutually agree to hold in confidence the terms of this Agreement, as well as any proprietary information related to the business and activities of the other, its customers, clients, suppliers and other entities with whom such other party does business, that may be obtained from any source or may be developed as a result of this Agreement. The parties further agree to restrict the disclosure of any confidential information only to the officers, directors, employees and agents who, as a result of their positions require knowledge of such information to perform their obligations.

Any breach of the terms of confidentiality shall be considered a material breach of this Agreement.

Section X DUE AUTHORIZATION

Prospective Subscriber warrants that it is an Individual Investor, retail broker or a non-competing corporate entity duly organized under the laws of the state in which it resides as described herein.

Each party warrants and represents that it is authorized to enter into this Agreement and that there are no outstanding commitments, agreements or understandings express or implied, which may or can in any way defeat or modify the rights conveyed or obligations undertaken by it under this Agreement. Any intentional violation of this Section shall be considered a material breach for which Vickers may immediately terminate this Agreement.

Section XI SEVERABILITY

If any clause in this Agreement is deemed to be void or unenforceable it does not negate any other clause in this Agreement.

IN WITNESS WHEREOF, the Prospective Subscriber acknowledges that he, she or it is engaged in the business indicated on the prior page and has provided a current and valid name, email address and Prospective Subscriber shall update Vickers in the event of a change in this information.  By filling in the information below and clicking on the AGREE button Prospective Subscriber warrants that he, she or it has read and understood this Agreement and further warrants that he, she or it has the authority and capacity to be bound by its terms and conditions.