OPENHOUSES.LIVE

TERMS AND CONDIDTIONS

1) OVERVIEW.

Money Tree Lead Systems, LLC, hereinafter referred to as “Licensor”, has developed the OPENHOUSES.LIVE online real estate marketing platform, which consists of proprietary computer software, content and services (the “Platform”), specifically with you in mind. You, (hereinafter referred to as “Licensee”) wish to license from Licensor software and content of the Platform and use the services of the Platform under the terms and conditions of this Agreement (“Agreement”). Licensor grants you this right only under the specific condition that you read and accept all the terms and conditions contained herein. By clicking “I accept” you are unconditionally accepting and agreeing to these terms and conditions.

2) LICENSE.

For the duration of this Agreement, Licensor grants to Licensee a non-exclusive, nontransferable license to access and use the Platform, including its software and content, pursuant to the terms of this Agreement (the “License”). The License may not be resold, leased, sublicensed or distributed, accessed or used by any other party or for any other purpose without Licensor’s prior written approval. No implied licenses are granted, and Licensor reserves all rights not expressly granted herein.

3) PROPRIETARY RIGHTS/GRANT OF EXCLUSIVE RIGHTS & LICENSE BACK

a) By posting information or content to any area of OPENHOUSES.LIVE, you automatically grant, and you represent and warrant that you have the right to grant, to OPENHOUSES.LIVE, its’ parent company and affiliates, an irrevocable, perpetual, fully-paid, worldwide exclusive license to use, copy, perform, display and distribute such information and content and to prepare derivative works of, or incorporate into other works, such information and content, and to grant and authorize sublicenses of the foregoing.

4) SERVICES.

As part of the Platform, Licensor will also provide the following services (“Services”) for the duration of this Agreement and any renewals thereof:

a) WEBSITE.

i) The Services provided by Licensor to Licensee through the Website may allow Licensee to capture leads of homebuyers and sellers who are on the Internet. However, Licensee hereby acknowledges and agrees that Licensor makes no guarantee with respect to Licensee’s ability to capture such leads.

ii) Hosting. Licensor will host Licensee’s content on its site. While Licensor will make every effort to prevent, as much as possible, interruptions or other technical problems to the Website, Licensor makes no warranty, express or implied that the Website will be completely free of interruption or will not be subject to other technical problems.

5) LAUNCH DATE

Licensor and Licensee will work together to provision Licensee’s use of the Platform. Licensee’s failure to perform under this section shall constitute a material breach and may result in early termination of this Agreement and forfeiture of any monies paid.

6) LICENSEE’S USER(s)

Licensee will have a defined number of users (collectively, “User”) or seats to use the Platform pursuant to this Agreement. Any additional seats or users will require Licensee to upgrade its platform or purchase additional seats at Licensor’s sole discretion. Licensee is responsible for all use by its User and by anyone using a password provided to Licensee.

7) FEES AND EXPENSES

Licensee shall pay to Licensor any fees payable on the date due for the use of the Platform. Any refund, if applicable, will be outlined in an addendum to the Agreement.

a) AUTOMATIC BILLING. Licensee will provide a credit card for automatic billing of License Fees throughout the Term of this Agreement. Licensee shall be responsible for the payment of any applicable sales, use taxes, value added or similar taxes payable with respect to Service, or arising out of or in connection with this agreement. In the event Licensor pays any such taxes on behalf of Licensee, Licensee shall reimburse Licensor for such taxes, including any penalties and interest, as well as any costs associated with the collection or withholding thereof. You hereby authorize us to charge the credit card used in the registration process. Charges will be for the dollar amount and for the billing periods that are specified in the registration process.  If the credit card authorization fails, we will request updated credit card information.  However, if you do not provide updated credit card information that successfully authorizes within 72 hours after notice, we may terminate your account and rights to all Services from this site.

b) LATE PAYMENT OR NON-PAYMENT. Any payment that is not made when due shall, in addition to all other remedies available to Licensor, bear interest at a rate of one percent (1%) per month, or the maximum rate permitted by law, whichever is more, for the number of days such payment is delinquent. In addition, Licensor has the right to suspend access to the Platform by all users assigned by Licensee. If any charge is declined or charged back for any reason whatsoever, Licensor may terminate this Agreement immediately upon notice to Licensee.

8) INTELLECTUAL PROPERTY.

Subject to the rights granted in this Agreement, Licensor retains all right, title and interest in and to the Services, all underlying technology, software and other intellectual property incorporated in and/or used to deliver the Service, all modifications, enhancements and improvements of and all derivative works based upon the foregoing, any and all methods, business rules, algorithms, discoveries, inventions, materials, ideas and other work product that is conceived, originated, prepared or reduced to practice by Licensor in connection with the Services or any other services provided by Licensor hereunder, the look and feel of Licensor’s Website (including the trade dress thereof), and all related tangible and intangible property rights in the foregoing items. This Agreement does not constitute a sale and does not convey to Licensee any rights of ownership.

9) LIMITATION OF LIABILITY.

Under no circumstances shall Licensor be liable for any indirect, punitive, incidental, special, consequential or other damages (other than direct damages) that result from the content of, use of, or inability to use the platform, website, services or any other Licensor work product. This limitation applies whether the alleged liability is based on contract, tort (including, but not limited to, negligence), infringement, or any other basis, even if Licensor has been advised of the possibility of such liability. With respect to direct damages, Licensee’s remedy is limited to one of the following: a refund of Licensee’s most recent payment to the Licensor for the use of the Platform, or repair/replacement of the Website or Platform, at Licensor’s discretion. These disclaimers and limitations apply to the fullest extent permitted by law.

10) INDEMNIFICATION.

Licensee shall defend, indemnify, save and hold harmless Licensor (including the officers, directors, employees, members, owners, contractors, representatives, successors and assigns of Licensor) from any and all demands, liabilities, losses, costs and claims, including reasonable attorney’s fees, that arise from or are related to (i) Licensee’s or its Users’ use of the Licensor Platform, Website and/or Services: (ii) breach of this Agreement by Licensee (including its Users); (iii) injury to person or property caused by any products or services sold or otherwise distributed by Licensee through the Website or Platform.

11) CONFIDENTIALITY.

a) CONFIDENTIAL INFORMATION. For purposes of this Agreement, the term “Confidential Information” means any information disclosed to a party (“Recipient”) or its representatives, counsel, shareholders, directors, officers, employees, agents or consultants (“Representatives”), by the other party (the “Disclosing Party”) or its Representatives, including without limitation, the Disclosing Party’s financial information, services, products, processes, operations, technology, trade secrets, software, intellectual property, analysis, strategies, concepts, ideas, and identifying information of the Disclosing Party’s existing or potential customers or employees, or any information derived from any of the foregoing. Confidential Information also includes all information in the password protected areas of the Platform, including without limitation the leads management information and system.

b) EXCEPTIONS TO CONFIDENTIAL INFORMATION. Confidential Information shall not include any information which (i) is or becomes available to the public other than as the consequence of a breach of any obligation of confidentiality; (ii) is actually known to or in the possession of Recipient without any limitation on use or disclosure prior to receipt from the Disclosing Party; (iii) rightfully received from a third party in possession of such information who is not under obligation to the Disclosing Party not to disclose the information; or (iv) is independently developed by Recipient or its Representatives without access to the Confidential Information. In addition, aggregate or specific data concerning third party visitors to the Website, including potential homebuyers, is not Confidential Information.

c) NON-DISCLOSURE / NON-USE OF CONFIDENTIAL INFORMATION. Recipient and its Representatives shall hold in strict confidence and trust all Confidential Information, and shall not disclose, sell, rent or otherwise provide or transfer, directly or indirectly, any Confidential Information or anything related to the Confidential information to any person or entity (“Person”) without the prior written consent of the Disclosing Party. Notwithstanding the preceding sentence, Recipient may disclose Confidential Information to its Representatives who need to know such information to enable Recipient to perform its obligations hereunder and who agree to be bound by the terms of this Agreement. Recipient and its’ Representatives shall use the Confidential Information only in connection with the performance of its obligations hereunder. Recipient shall require any of its Representatives who obtain the Confidential Information to comply with this Agreement and shall be responsible for any breach of this Agreement by such Representatives. Licensee understands and agrees that disclosure of Licensor’s Confidential Information, such as information in password protected areas of the Platform, is prohibited and could cause significant harm to Licensor. In addition to any other remedies available to Licensor, it is agreed that Licensor may obtain preliminary and permanent injunctive relief in the event of wrongful or threatened disclosure or use of its Confidential Information.

d) COMPELLED DISCLOSURE. Notwithstanding the foregoing, Recipient shall be permitted to disclose Confidential information pursuant to a court order, search warrant or any other legal requirement of disclosure if no suitable protective order or equivalent remedy is available provided that, if not legally prohibited, Recipient gives the Disclosing Party written notice of such order or legal requirement of disclosure immediately upon knowledge thereof and allows the Disclosing Party a reasonable opportunity to seek to obtain a protective order, and further provided that Recipient shall furnish only that portion of the Confidential Information which is legally required.

e) RETURN OR DESTRUCTION OF CONFIDENTAL INFORMATION. Upon expiration or termination of this of this Agreement or upon the earlier written request of the Disclosing Party, Recipient shall promptly return to the Disclosing Party, or at the Disclosing Party’s option, destroy all Confidential Information received by Recipient or its Representatives from or on behalf of the Disclosing Party, including any originals and all copies of the Confidential Information, summaries or synopses thereof prepared by Recipient or its Representatives.

12) TERM AND TERMINATION.

a) TERM. The “Term” of this Agreement shall commence on the date initially agreed to by Licensee (the “Execution Date”) and shall continue until the termination pursuant to Section 11.b herein.

b) TERMINATION. Either party may terminate this Agreement at any time and for any reason by providing 30 days’ notice, as herein defined, to the other party. In the event of Licensor giving termination notice, Licensor will deliver to Licensee’s designated representative via electronic mail, its intent to cancel.

c) EVENT OF DEFAULT. Either party may terminate this Agreement at any time due to an Event of Default by the other party. For the purposes of this Agreement, an “Event of Default” shall mean the following (i) infringement of any copyright, trademark, patent, intellectual property or other proprietary right of a party to this Agreement where such infringement is not remedied within ten (10) days of a demand notice thereto; (ii) insolvency or inability of a party to pay its debts as they become due, appointment of a receiver for all or substantially all of the party’s assets, making of any voluntary arrangement to the party’s creditors, or liquidation or bankruptcy; (iii) breach of any representation or warranty made in this Agreement; (iv) failure to pay or failure to timely deliver the Content, or (v) any other material breach of any provision of this Agreement which cannot be or is not cured by the breaching party after the party has been given notice of the breach and ten (10) calendar days after notice to cure the breach.

d) EFFECT OF TERMINATION.

i) All licenses granted hereunder shall terminate upon the expiration, cancellation, or other termination of this Agreement. Upon termination of the License, Licensee shall have no further right to access or use the Website, Platform, or other property of Licensor.

ii) In no event shall Licensee be entitled to a chargeback via its credit card company or bank, even if Licensee rightfully cancels this Agreement. Licensee shall only be entitled to a potential Refund as described in Section 6 herein. In the event that Licensee requests a chargeback from its credit card company or bank, Licensor shall be entitled to recovery of all costs related to the collection of such funds.

13) GENERAL / MISCELANNEOUS.

a) MISCELLANEOUS. This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes any prior agreements or understandings between the parties, whether written or oral. This Agreement may not be amended except in a writing signed by both parties. This Agreement shall be binding upon, and inure to the benefit of, Licensee and Licensor and their respective heirs, successors, assigns, and legal representatives, including but not limited to any successors to the business of Licensor. This Agreement shall be construed, interpreted and enforced according to Missouri law, without regard to conflicts of laws principles. The parties agree that the state and federal courts within Springfield, Missouri, shall have exclusive venue and jurisdiction over all disputes arising out of or relating to this Agreement, including the formation hereof. No failure or delay by any party in this Agreement to enforce any right specified in this Agreement will operate as a waiver of such right, nor will any single or partial exercise of a right preclude any further or later enforcement of the right. All forms attached hereto are incorporated herein by reference. The terms of this Agreement are applicable to all such attachments. In the event of a conflict between the terms of this Agreement and of any attachments, the terms of the attachments shall apply if fully executed by both parties. The provisions of this section shall survive the termination of this Agreement but shall not extend any statutory limitation period. This Agreement may be executed in counterparts, each of which shall be deemed as original.

b) ASSIGNMENT. Licensee may not assign any of its rights or obligations hereunder without the prior written consent of Licensor, and any purported assignment without such consent shall be null and void. In addition, in the event of a change of control affecting Licensee, Licensor’s consent may be contingent upon an increase in License Fees commensurate with any expanded use of the Services and/or Website.

c) WAIVER. The failure of either party to enforce its rights under this Agreement at any time for any period shall not be construed as a waiver of such rights.

d) REFERENCES. During the Term, Licensee agrees to allow Licensor to refer to Licensee as a customer of the Service in Licensor’s marketing materials.

e) COMPLIANCE WITH LAWS. Each party agrees to comply with all applicable laws, rules and regulations, including any Internet regulation or policies and applicable export laws, in its performance under this Agreement.

f) NOTICES. Licensor may give notice by electronic mail, facsimile or first-class mail to Licensee’s designated contact. Licensee may give notice to Licensor by electronic mail, facsimile, certified mail, or courier service so long as receipt by Licensor can be confirmed. Notices may be sent to the addresses specified by either party. A party may change its address for notices from time to time by providing notice to the other party pursuant to this section.

g) SEVERABILITY. If any provision of this Agreement is held by a court of competent jurisdiction to be contrary to law, that provision will be enforced to the maximum extent permissible and the remaining provisions will remain in full force and effect. No amendment or waiver of this Agreement shall be effective unless in writing and signed by both parties.

h) NON-DISPARGEMENT Licensee agrees that it shall not at any time engage in any form of conduct, or make any statements or representations, whether in writing or orally, that disparage or otherwise impair the reputation, goodwill or commercial interests of Licensor. Notwithstanding the foregoing, nothing in this paragraph will prevent any person from making any truthful statement to the extent (i) necessary with respect to any litigation, arbitration or mediation involving this Agreement, including, but not limited to, the enforcement of this Agreement or (ii) required by law or by any court, arbitrator, mediator or administrative or legislative body (including any committee thereof) with apparent jurisdiction to order such person to disclose or make accessible such information. Each of the parties agrees to notify the other of any statement that is required to be made as provided in the preceding sentence. Such notice will be given as much in advance of the making of such statement as is reasonably possible.

i) NON-SOLICITATION. Licensee agrees that it shall neither directly nor indirectly solicit to hire, or hire, or in the case of contractors contract the services of, any employees or contractors of Licensor, during the Term of this Agreement or for a period of one-year thereafter. Any violation of this non-solicitation obligation shall require a payment by Licensee to Licensor hereunder of liquidated damages in the amount of the annual salary of the solicited or hired employee or contractor. In addition, Licensee shall not interfere in any way with the contracts between Licensor and its contractors.

j) RELATIONSHIP OF THE PARTIES. Neither party is a partner, joint venture partner, nor agent of the other, and neither party has the authority or ability to bind the other party.

k) FORCE MAJEURE. Neither party shall be liable for non-performance or delay in performance (other than of payment or confidentiality obligations) caused by any event reasonably beyond the control of such party including, but not limited to, wars, acts of terrorism, hostilities, revolutions, riots, civil commotion, national emergency, strikes, lockouts or other labor disputes or shortages or inability to obtain material or equipment, unavailability of supplies, compliance with laws or regulation (including, without limitation , those related to infringement), epidemics, fire, flood, earthquake, force of nature, explosion, embargo, regulation, ordinance or their act or order of any court, government or government agency.

l) CONSTRUCTION. This Agreement shall be construed and interpreted fairly, in accordance with the plain meaning of its terms, and there shall be no presumption or inference against the party drafting this Agreement in construing or interpreting the provisions hereof.