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Effective Date: January 1, 2013
Contents: • Terms of Service • Bid or Quote Requestor Agreement • Supplier or Service Provider Agreement
TERMS OF SERVICE
By accessing or using any features of the site located at www.vBidLive.com (the "vBidLive.com Site") and operated and managed by vElement Corporation, Canada ("us" or "we"), you agree to be bound by these terms of service (collectively, "Terms of Service"). All visitors to and users of any aspects of the vBidLive.com Site (collectively, "Users") are bound by these Terms of Service. We reserve the right to modify the Terms of Service at any time without prior notice to you. Therefore, we recommend that you read these terms of service carefully each time you use this Web site. Please note that the guidelines, policies and other terms and conditions of service and use of other websites affiliated with vElement Corporation may vary from these Terms of Service.
The vBidLive.com Site is a venue connecting Bid or Quote Requestors ("Bid or Quote Requestors") with Supplier or Service Provider Firms and/or Suppliers or Service Providers (each a "Supplier or Service Provider"). By using the vBidLive.com Site you acknowledge that vBidLive.com is not a participant in the transaction between the Bid or Quote Requestors and the Suppliers or Service Providers and vBidLive.com is not responsible for the content of Bid or Quote Requestors' offers or for the performance and/or quality of Suppliers or Service Providers. As a User of the vBidLive.com Site, you may also post content and share it with other users, read content generated by other visitors to the vBidLive.com Site and other affiliated sites, and view third party postings and reviews regarding products and services. If you wish to post content to, or participate in the vBidLive.com Site other than simply by reading information and content and reviews posted by others, you must register using the registration form available at www.vBidLive.com. Users who wish to register as a Bid or Quote Requestor must agree to be bound by the vBidLive.com Bid or Quote Requestor Agreement (the "Bid or Quote Requestor Agreement"). Users who wish to register as a Supplier or Service Provider must agree to be bound by the vBidLive.com Supplier or Service Provider Agreement (the "Supplier or Service Provider Agreement"). These Terms of Service set out the legally binding terms with respect to your use of the vBidLive.com Site. Please read these Terms of Service carefully. Your access to and use of the vBidLive.com Site constitutes your acceptance of all the provisions of these Terms of Service. If you are unwilling to be bound by these Terms of Service, you should not access or use the vBidLive.com Site
Eligibility
The vBidLive.com Site is not targeted towards, nor intended for use by, anyone under the age of 18. By using the vBidLive.com Site, you represent and warrant that you are 18 years of age or older. If you are not at least 18 years of age, do not access, use or register on the vBidLive.com Site. In the event we become aware you are under 18, we will terminate your registration.
Changes to the vBidLive.com Site
You agree and understand that the vBidLive.com Site, including any and all features available via the vBidLive.com Site and any User Content (as defined below), may be modified by us, in our sole discretion, at any time without prior notice. Unless expressly stated otherwise, any new features, new services, enhancements or modifications to the vBidLive.com Site implemented after your initial access to the vBidLive.com Site shall be subject to these Terms of Service. We undertake no obligation to monitor or modify, any reviews, information, content, data, text, links to third party websites, User profile information, sounds, photographs, graphics, video, messages or other materials made available via the vBidLive.com Site by any User (all such items provided by Users, collectively, "User Content"). Nonetheless, we reserve the right to monitor and modify User Content and we reserve the right to investigate and take appropriate action, including legal action, in our sole discretion, against anyone who violates these Terms of Service, including without limitation, by removing any User Content posted in violation of these Terms of Service, terminating the registration of such violators or blocking such violators' use of the vBidLive.com Site.
Registration
In order to access some features of the vBidLive.com Site, you may be required to register and to provide a user name, valid email address, and a temporary password. You may change your password when you log into vBidLive.com Site. If you register, you agree to provide us with accurate and complete registration information, and to inform us immediately of any updates or other changes to such information. For example, you may not: (i) enter, select or use a false name or an email address owned or controlled by another person with the intent to impersonate that person, or (ii) use as a User ID a name subject to any rights of a person other than yourself without appropriate authorization. Failure to comply with the terms of this paragraph shall constitute a material breach of these Terms of Service, which may result in immediate termination of your account. In addition, we reserve the right to refuse registration of, or cancel a User ID in our discretion.
Security
You shall be responsible for maintaining the confidentiality of your password, and you are fully responsible for all activities that occur under your User ID and password, whether or not you authorize such activities. You agree to (a) immediately notify us of any unauthorized use of your User ID or password of which you become aware, and (b) ensure that you exit from your account at the end of each session.
Blocking of IP Addresses.
In order to protect the integrity of the Site, vBidLive.com reserves the right at any time, in its sole discretion, to block Users from certain IP addresses from accessing the Site.
Use of the Site/Services
You may use the vBidLive.com Site to solicit opinions, ideas and other input from, and share ideas and opinions with, other Users, and to search the vBidLive.com Site for User Content and business or product information. You may also invite people you know to join the vBidLive.com Site. You acknowledge and agree that we do not control the User Content posted to the vBidLive.com Site, or any links to other websites, including the content of any messages, and that we do not guarantee the accuracy, integrity or quality of any User Content. You further understand and agree that (i) we do not necessarily endorse, support, sanction, encourage, verify, or agree with the comments, opinions, or statements or other User Content posted on or otherwise displayed on or transmitted via the vBidLive.com Site, or (ii) we do not make any promises, guarantees or warranties with respect to any of the User Content or products, services, information, content or materials featured or mentioned on the vBidLive.com Site. All User Content, including advice and opinions posted by Users, comprises the views and responsibility of those who post such User Content, and does not necessarily represent the our views. You understand that, by using the vBidLive.com Site, you may be exposed to User Content that is offensive, indecent or objectionable. IN NO EVENT WILL WE BE LIABLE, DIRECTLY OR INDIRECTLY, TO ANYONE FOR ANY DAMAGE OR LOSS OF ANY NATURE WHATSOEVER ARISING FROM OR RELATING TO ANY USE, CONTINUED USE OR RELIANCE ON ANY USER CONTENT, ANY ERROR OR OMISSION IN ANY USER CONTENT, ANY CLAIM THAT ANY USER CONTENT IS DEFAMATORY, LIBELOUS OR VIOLATES ANY RIGHT OF ANY THIRD PARTY, OR THE DEFAMATORY, OFFENSIVE OR ILLEGAL CONDUCT OF ANY USER OR THIRD PARTY. YOU EXPRESSLY AGREE THAT YOU BEAR ANY AND ALL RISKS ASSOCIATED WITH YOUR ACCESS TO, CONTRIBUTION TO, USE OF AND/OR RELIANCE ON USER CONTENT.
Restrictions on Rights to Use
Without limiting the generality of any other provisions of these Terms of Service, you agree you shall not (and you agree not to allow any other individual or entity to): • download, modify, reproduce, adapt, translate, reverse engineer, create derivative works based upon, publicly display, sell, rent, license, or in any way commercially exploit any portion of the vBidLive.com Site, except and to the extent expressly permitted under these Terms of Service; • remove any copyright, trademark or other proprietary rights notice contained in or on the vBidLive.com Site; • use any robot, spider, site search/retrieval application, or other manual or automatic device or process to retrieve, index, "data mine", or in any way reproduce or circumvent the navigational structure or presentation of the vBidLive.com Site or its contents. • collect any information about other Users (including usernames, PII information and/or email addresses) for any purpose other than to provide or receive services which may be offered on the Site. • reformat or frame any portion of any Web pages that are part of the vBidLive.com Site; • create user accounts by automated means or under false or fraudulent pretenses; • create or transmit to other Users unsolicited electronic communications, such as "spam," or otherwise interfere with other Users' enjoyment of the vBidLive.com Site; • submit to the vBidLive.com Site any content that falsely states or implies that such content is sponsored or endorsed by us; • transmit or upload to the vBidLive.com Site any item containing or embodying any virus, worm, defect, Trojan horse, software bomb or other feature designed to damage or degrade in any manner the performance of the vBidLive.com Site, any other Web site, or any computer or other device or system, or the enjoyment of the vBidLive.com Site by any User; • use the vBidLive.com Site to violate the security of or gain unauthorized access to any computer or computer network or other device or system (including unauthorized attempts to discover passwords or security encryption codes); • submit to the vBidLive.com Site any content that is unlawful or facilitates, constitutes, promotes or encourages illegal activity; or otherwise use the vBidLive.com Site to transfer or store illegal material, including any material deemed threatening or obscene; • copy or store any User Content offered on the vBidLive.com Site other than for your personal, non-commercial use; • take any action that imposes, or may impose, in our sole discretion, an unreasonable or disproportionately large load on the vBidLive.com Site or the IT infrastructure used to operate and make the vBidLive.com Site available; • use the vBidLive.com Site and/ or any User Content, intentionally or unintentionally, to violate any applicable local, state, federal or international law; • collect or store personal data about other Users in connection with the prohibited activities described in this paragraph. • engage in advertising to or solicitation of, other Users for anything other than the posting of service orders through the mechanisms provided by vBidLive.com for such service order postings. This includes, but is not limited to solicitation or advertising to buy or sell products or services through the vBidLive.com Site or to attend parties or other social functions or networking for commercial purposes. You may not transmit any chain letters or junk email to other Users. • use any information obtained from the vBidLive.com Site in order to harass, abuse or harm another person, or in order to contact, advertise to, solicit or sell to any User without their prior explicit consent. • adapt, sublicense, translate, sell, reverse engineer, decipher, decompile or otherwise disassemble any portion of the Site or any software used on or for the Site or cause others to do so. User Content Posted By You on the vBidLive.com Site Without limiting the generality of any other provisions of these Terms of Service, you agree: • You may not post, upload or transmit any User Content that (i) infringes or otherwise violates any copyright, patent, trademark, trade secret, publicity or privacy right or other proprietary right of any party, or (ii) is proprietary to a third party, without such third party's prior written consent. • You understand and agree that we undertake no obligation to monitor but reserve the right to review and delete any User Content for any or no reason, including User Content that, in our sole discretion, (i) violates these Terms of Service, (ii) is offensive or illegal, or (iii) may harm, violate the rights of or threaten the safety of any User and/or any other individual or entity (iv) or threatens and/or interferes with the vBidLive.com business model or reputation in the marketplace. • You are solely responsible for any User Content you post, publish or display on the vBidLive.com Site or transmit to Users. We reserve the right, but undertake no obligation, to monitor disputes between you and any other User, or any other entity or individual, in connection with the vBidLive.com Site. You are solely responsible for the resolution of any disputes that arise between you and any other User or any other entity or individual. • You will post only User Content you believe in good faith to be true and accurate, and you will not post to the vBidLive.com Site any User Content that is false, inaccurate, misleading or fraudulent. • By uploading User Content to the vBidLive.com Site, you hereby grant, and represent and warrant that you have all rights and authority necessary to grant, (i) us and our respective contractors and business partners, an irrevocable, perpetual, non-exclusive, royalty-free, fully sub-licensable, fully paid up, worldwide license and right to use, copy, publicly perform, digitally perform, publicly display, and distribute such User Content and to prepare derivative works based on, or incorporate into other works, such User Content, with or without attribution; and (ii) subject to the restrictions set forth in these Terms of Service, all Users an irrevocable, perpetual, non-exclusive, royalty-free license and right to use such User Content for each such User's use in connection with the vBidLive.com Site. You hereby irrevocably waive and assign to us any and all so-called moral rights or "droit moral" you may have in or with respect to any User Content you post to the vBidLive.com Site. • The following is a partial list of the kind of User Content that is illegal and/or is prohibited on or through the vBidLive.com Site. You may not post any content that: - is patently offensive to users of the vBidLive.com Site, such as content that promotes racism, bigotry, hatred or physical harm of any kind against any group or individual; - harasses or advocates harassment of another person; - promotes illegal activities or conduct that is abusive; - is threatening, obscene, defamatory or libelous; - is pornographic or sexually explicit in nature; or - seeks, or recommends Supplier or Suppliers or Service Providers of, material that exploits people under the age of 18 in a sexual or violent manner, or seeks or recommends Supplier or Suppliers or Service Providers that solicit personal information from anyone under 18.
Copyrights
If you believe any User Content or any other aspect of the vBidLive.com Site infringes your copyright, you should send written notice of copyright infringement to the address given below. Your notice must meet the requirements of the Digital Millennium Copyright Act (as required under 17 U.S.C. §512) by providing the following information: 1. A description of the copyrighted work that you claim has been infringed; 2. A description of where the material that you claim is infringing is located on the vBidLive.com Site 3. Your address, telephone number and email address; 4. A statement by you that you have a good-faith belief that the disputed use is not authorized by the copyright owner, its agent or the law; 5. A statement by you, made under penalty of perjury, that the above information in your notice is accurate and that you are the owner of the copyright at issue or are authorized to act on the copyright owner's behalf; and 6. An electronic or physical signature of the person authorized to act on behalf of the owner of the copyright at issue. You may send written notice of copyright infringement at the following address:
vBidLive.com Email: support@vbidlive.com
Privacy
Use of the vBidLive.com Site is also governed by our Privacy Policy, which we encourage you to review.
Ownership
As between you and us, the vBidLive.com Site, including all photographs, images, text, graphics, icons, audio clips, software and other aspects thereof (excluding User Content), all improvements or modifications thereof, all derivative works based thereon, and the collection, arrangement, and assembly of the vBidLive.com Site, including all copyrights, trademarks, and other intellectual property or proprietary rights in the foregoing, are owned by us or our licensors. As between you and us, subject to any licenses and rights expressly granted herein, any User Content posted by you is owned by you. Nothing contained in these Terms of Service shall be deemed to grant to you or any other User any rights, title or interest in or to any copyright, trademark or other proprietary right of ours or any of our licensors. Any trademarks, service marks, and other marks and indicators of source or origin that are displayed on the vBidLive.com Site are the proprietary property of vBidLive.com or its respective licensors, as applicable. None of such marks may be used in connection with any other product or service, in any manner that is likely to cause confusion among consumers, or to disparage or discredit the owner of such mark or its affiliates. Any trademarks of third parties that appear on the vBidLive.com Site are the property of their respective owners, who may or may not be affiliated with, connected to, or sponsored by us. You may not use, copy, modify or display any of the trademarks, service marks, names or logos appearing on the vBidLive.com Site without the express written permission of the trademark owner. Nothing in these Terms of Service shall be deemed to grant to you or any other User any license or right in or to any patent, copyright, trademark, trade secret or other proprietary right of ours.
Disclaimer
YOU EXPRESSLY AGREE THAT YOUR USE OF THE VBIDLIVE.COM SITE, AND OF ANY USER CONTENT, INFORMATION, ADVICE, SERVICES, PRODUCTS, AND OTHER MATERIALS CONTAINED IN OR DESCRIBED ON THE VBIDLIVE.COM SITE, IS ENTIRELY AT YOUR OWN RISK, AND THAT ALL SUCH INFORMATION AND MATERIALS ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. TO THE FULL EXTENT PERMISSIBLE BY APPLICABLE LAW, WE MAKE NO, AND HEREBY DISCLAIM ALL, REPRESENTATIONS OR WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, AS TO THE AVAILABILITY, OPERATION AND/OR USE OF THE VBIDLIVE.COM SITE, INCLUDING BUT NOT LIMITED TO ANY USER CONTENT PROVIDED VIA THE VBIDLIVE.COM SITE, AND ALL OTHER CONTENT, SERVICES, PRODUCTS, AND OTHER INFORMATION AND MATERIALS CONTAINED IN OR DESCRIBED ON THE VBIDLIVE.COM SITE, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT, AND IMPLIED WARRANTIES ARISING FROM COURSE OF DEALING OR COURSE OF PERFORMANCE. IN ADDITION, WE DO NOT REPRESENT OR WARRANT THAT THE INFORMATION AND CONTENT ACCESSIBLE VIA THE VBIDLIVE.COM SITE IS ACCURATE, COMPLETE OR CURRENT, AND WE ARE NOT RESPONSIBLE FOR ANY ERRORS OR OMISSIONS THEREIN OR FOR ANY ADVERSE CONSEQUENCES RESULTING FROM USE OF, INABILITY TO USE, OR RELIANCE ON ANY ASPECT OF THE VBIDLIVE.COM SITE, INCLUDING BUT NOT LIMITED TO USER CONTENT AND ALL OTHER CONTENT, SERVICES, PRODUCTS, AND OTHER INFORMATION AND MATERIALS CONTAINED IN OR DESCRIBED ON THE VBIDLIVE.COM SITE. FURTHER, WE MAKE NO REPRESENTATIONS AND WARRANTIES THAT THE VBIDLIVE.COM SITE OR THE USER CONTENT WILL BE UNINTERRUPTED, SECURE, OR FREE OF ERRORS, VIRUSES, OR OTHER HARMFUL COMPONENTS. NO ADVICE OR INFORMATION, WHETHER ORAL OR WRITTEN, OBTAINED BY ANY USER FROM US OR THE VBIDLIVE.COM SITE SHALL CREATE ANY WARRANTY NOT EXPRESSLY STATED HEREIN.
Limitation on Liability
IN NO EVENT SHALL VBIDLIVE.COM OR ITS RESPECTIVE AFFILIATES, OR THE SHAREHOLDERS, DIRECTORS, OFFICERS, MEMBERS, MANAGERS, EMPLOYEES, AGENTS OR REPRESENTATIVES OF ANY OF THE FOREGOING, BE LIABLE TO YOU OR ANY THIRD PARTY FOR DAMAGES OF ANY KIND (INCLUDING, BUT NOT LIMITED TO, ANY DIRECT, INDIRECT, SPECIAL, PUNITIVE, INCIDENTAL OR CONSEQUENTIAL DAMAGES OR DAMAGES FOR LOSS OF PROFITS, GOODWILL OR REVENUE, BUSINESS INTERRUPTION, OR LOSS OF DATA) ARISING OUT OF THE USE OF, ACCESS TO, RELIANCE ON, UNAVAILABILITY OF, INABILITY TO USE OR IMPROPER USE OF THE VBIDLIVE.COM SITE, INCLUDING BUT NOT LIMITED TO ANY USER CONTENT, REVIEWS, ADVICE, SERVICES, PRODUCTS, AND OTHER INFORMATION AND MATERIALS CONTAINED IN OR DESCRIBED ON THE VBIDLIVE.COM SITE, OR THE DISCLOSURE OR MISUSE OF ANY USER'S PERSONAL INFORMATION, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, AND REGARDLESS OF THE FORM OF ACTION, WHETHER IN CONTRACT, TORT, OR OTHERWISE. IN ANY EVENT, VBIDLIVE.COM'S RESPECTIVE TOTAL MAXIMUM LIABILITY IN RESPECT OF THE VBIDLIVE.COM SITE OR ANY PART THEREOF, INCLUDING BUT NOT LIMITED TO THE USER CONTENT, REVIEWS, ADVICE, SERVICES, PRODUCTS, AND OTHER INFORMATION AND MATERIALS CONTAINED IN OR DESCRIBED ON THE VBIDLIVE.COM SITE, IN ANY MANNER WHATSOEVER, SHALL BE LIMITED TO ONE HUNDRED UNITED STATES DOLLARS ($100.00). THIS LIMITATION SHALL APPLY NOTWITHSTANDING ANY FAILURE OF THE ESSENTIAL PURPOSE OF ANY LIMITED REMEDY PROVIDED HEREIN.
Indemnity
You agree to indemnify and hold vBidLive.com and its respective affiliates, licensors, directors, officers, members, managers, employees, agents, and representatives, harmless from and against any losses, costs, expenses or damages of any nature whatsoever (including attorney’s fees and court costs) arising from any claim, cause of action, suit or demand of any third party due to, arising out of or related to (i) your access to the vBidLive.com Site, (ii) your use of the vBidLive.com Site, (iii) any User Content posted, uploaded or transmitted by you, (iv) your use or distribution of any User Content, (v) your violation of these Terms of Service, (vi) any use of your User ID or password by you or any third party, or (vii) the infringement or other violation by you, or any third party using your account or User ID or password, of any intellectual property or other right of any person or entity. Third Party Advertisements and Links to Third Party Sites We may display on the vBidLive.com Site advertisements from third parties, such as banner advertisements and pop-up texts, and links to third party sites. We are not responsible for the content of such advertisements or links, any products, services or other materials relating to such advertisements, any linked site, or any link contained in a linked site. The display of any advertisement or link does not imply endorsement by us of the advertisement or linked site or any content therein. IN NO EVENT WILL WE BE LIABLE, DIRECTLY OR INDIRECTLY, TO ANYONE FOR ANY DAMAGE OR LOSS ARISING FROM OR RELATING TO ANY USE, CONTINUED USE OR RELIANCE ON ANY ADVERTISEMENT DISPLAYED ON THE VBIDLIVE.COM SITE, ANY PRODUCTS, SERVICES OR OTHER MATERIALS RELATING TO ANY SUCH ADVERTISEMENT, ANY LINKED THIRD-PARTY SITE, OR ANY LINK CONTAINED IN A LINKED SITE. Changes to Terms of Service We reserve the right to make changes at any time to these terms of Service. Any modifications to the Terms of Service will be effective upon posting. You agree to review the Terms of Service periodically so that you are aware of any modifications. Your continued use of the vBidLive.com Site after any modifications indicates your acceptance of the modified Terms of Service.
Disputes
Any dispute relative to the vBidLive.com Site or use or inability to use the vBidLive.com Site will be governed by the law of Province of Ontario, Canada, without regard to its conflict of law provisions. Any dispute relating in any way to your visit to or participation on the vBidLive.com Site shall be submitted to confidential arbitration in Toronto, Ontario, except that, to the extent you have in any manner violated or threatened to violate our intellectual property rights, we may seek injunctive or other appropriate relief in any province/state or federal court in the United States or Canada, and you consent to exclusive jurisdiction and venue in such courts. Arbitration under these Terms of Service shall be conducted under the rules then prevailing of the American Arbitration Association. The arbitrator's award shall be binding and may be entered as a judgment in any court of competent jurisdiction. To the fullest extent permitted by applicable law, no arbitration under these Terms of Service shall be joined to an arbitration involving any other party subject to this Agreement, whether through class arbitration involving any other party subject to these Terms of Service, whether through class arbitration proceedings or otherwise.
Applicable law
By visiting vBidLive.com Site, you agree that the laws of the Province of Ontario, Canada, without regard to principles of conflict of laws, will govern these Terms of Service and any dispute of any sort that might arise between you and vBidLive.com Site. Miscellaneous No agency, partnership, joint venture, or employment relationship is created as a result of these Terms of Service, and you do not have any authority of any kind to bind vBidLive.com in any respect whatsoever. We may provide you with notices, including those regarding changes to these Terms of Service, by email, regular mail, or postings on the vBidLive.com Site. These Terms of Service, together with the Privacy Policy, the Bid or Quote Requestor Agreement (for Users registered as Bid or Quote Requestors), and the Supplier or Service Provider Agreement (for Users registered as Suppliers or Service Providers) constitute the entire agreement among you and vBidLive.com regarding use of the vBidLive.com Site. vBidLive's failure to exercise or enforce any right or provision of these Terms of Service shall not constitute a waiver of the enforcement of such right or provision. If any provision of these Terms of Service is found to be unenforceable or invalid, that provision shall be limited or eliminated to the minimum extent necessary so that these Terms of Service shall otherwise remain in full force and effect and enforceable. These Terms of Service are not assignable, transferable or sublicensable by you, except with our prior written consent. The headings in these Terms of Service are for convenience only and have no legal or contractual effect. These Terms of Service include and incorporate the Privacy Policy for the vBidLive.com Site and any notices regarding the vBidLive.com Site. Contact and Violations Please contact us with any questions regarding these Terms of Service. Please report any violations of the Terms of Service to support@vbidlive.com.
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BID OR QUOTE REQUESTOR AGREEMENT
THIS VBIDLIVE.COM BID OR QUOTE REQUESTOR AGREEMENT (this “Bid or Quote Requestor Agreement”) is a contractual agreement between vElement Corporation, Canada and the individual or entity who has elected to register as a Bid or Quote Requestor (the “Bid or Quote Requestor”) on the vBidLive.com site (“Site”). This Agreement is effective as of the date the Bid or Quote Requestor clicks the “I Agree” checkbox on the Site Registration Form. This Bid or Quote Requestor Agreement together with the Website Terms of Use and Privacy Policy (collectively, the “Terms”), governs Bid or Quote Requestors’ membership to the vBidLive.com site (“the Site”), the Services provided by vBidLive.com and the transactions (each a “Transaction”) conducted through this Site, including, but not limited to the information processing services described herein (collectively, “Membership”). In consideration of the mutual covenants and agreements of the parties’ contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties, intending to be bound, hereby agree as follows:
1. VBIDLIVE.COM MEMBERSHIP
vBidLive.com is a venue (the “vBidLive.com Service”), for Suppliers or Service Providers (each a “Supplier or Service Provider”) and their companies (each a “Supplier or Service Provider Firm”), to offer their products and/or services to individuals and/or entities who wish to buy products and/or services (“Bid or Quote Requestors”) and for Bid or Quote Requestors to route requests for products and/or services (“Request for Bid or Quotes”), to Suppliers or Service Providers of their choosing. Supplier or Service Provider Firms and Bid or Quote Requestors are collectively referred to herein as “Members”. As the Bid or Quote Requestor, your Membership provides you with the ability to post Request for Bid or Quotes. When you post a Request for Bid or Quote you agree to pay vBidLive.com a posting fee (in the amount set forth on the site from time to time), and you agree that such Request for Bid or Quote is binding offer that may be accepted by any of the Suppliers or Service Providers (on behalf of their Supplier or Service Provider Firm) to whom you direct vBidLive.com to deliver your offer to. vBidLive.com allows the Bid or Quote Requestor to post Request for Bid or Quotes, monitor the status and accept counter offers for a Request for Bid or Quote (via the “Conditional Acceptance” functionality) through a variety of technologies. As part of the vBidLive.com Services, vBidLive.com may offer the Bid or Quote Requestor additional products and services from time to time.
2. CLICK THE “I AGREE” CHECKBOX.
Each Bid or Quote Requestor must register each individual who will be authorized to issue Request for Bid or Quotes on its behalf (each a “Bid or Quote Requestor Agent”). The Bid or Quote Requestor shall: (a) create a separate individual profile for each Bid or Quote Requestor Agent, (b) be responsible for all acts or omissions of Bid or Quote Requestor Agents registered under such Bid or Quote Requestor’s account, (c) agree on behalf of, and shall require each Bid or Quote Requestor Agent to agree, to the Terms as if such Bid or Quote Requestor Agent were the Bid or Quote Requestor under such Terms. Only the Bid or Quote Requestor may enforce this Bid or Quote Requestor Agreement on behalf of itself and its Bid or Quote Requestor Agents. Bid or Quote Requestor Agents shall have no independent right of action hereunder. As used herein, the term “Personnel” means the employees, agents, suppliers, and subcontractor(s) of a party, and in the case of Bid or Quote Requestor, it includes its Bid or Quote Requestor Agents. By accepting the Terms and completing the registration process, Bid or Quote Requestor is simultaneously (i) registering as a Bid or Quote Requestor and as a Bid or Quote Requestor Agent; (ii) representing and warranting that the Bid or Quote Requestor and each Bid or Quote Requestor Agent it registers can legally enter into this Agreement; and (iii) representing and warranting that the Bid or Quote Requestor will have, prior to the performance of the requested Services, any necessary permits and other legal requirements required for the performance of the Services described in its Request for Bid or Quotes. If Bid or Quote Requestor does not accept this Agreement, the Bid or Quote Requestor and its Bid or Quote Requestor Agents are not authorized to use this Site and/or register for a Bid or Quote Requestor Membership. If you, the Bid or Quote Requestor, have any questions about this Agreement, please contact vBidLive.com at vbidlive@velement.com.
3. REQUEST FOR BID OR QUOTE PROCESS.
Bid or Quote Requestor agrees that: A. Request for Bid or Quote Creation and Acceptance. The contractual terms that apply to any Request for Bid or Quotes are established by the Bid or Quote Requestor and any Supplier or Service Provider Firm who accepts such Request for Bid or Quote. Supplier or Service Provider Firms elect which of their Supplier or Suppliers or Service Providers or other Personnel are authorized to accept Request for Bid or Quotes on their behalf. The Bid or Quote Requestor determines to which Supplier or Service Provider it wishes to send its Request for Bid or Quote(s). As a condition to using vBidLive.com, each Member agrees that, the Bid or Quote Requestor determines when to end RFQ/RFP/bidding process, which may be before originally posted end-date. Furthermore, the Bid or Quote Requestor determines, in its sole discretion, who to award that Request for Bid or Quote. The selected Supplier or Service Provider may or may not be the lowest bidder as there are multiple factors on which the Bid or Quote Requestor will evaluate the Supplier or Suppliers or Service Providers. The Bid or Quote Requestor will not have any obligation to provide explanation regarding the reasons of selection. Once selection is made, selected Supplier or Service Provider will be notified to contact Bid or Quote Requestor by email, phone and/or invited to a face-to-face meeting (at Bid or Quote Requestor’s discretion). Bid or Quote Requestor retains the right to change, withdraw or modify a Request for Bid or Quote at any time pursuant to Section 3D herein. All modifications to a Request for Bid or Quote must be processed through the Site. vBidLive.com does not control any part of the Request for Bid or Quotes or actual agreement between Supplier or Service Provider Firms and Bid or Quote Requestors. If the Supplier or Service Provider Firm accepts a Request for Bid or Quote, a separate contract needs to be established between Bid or Quote Requestor and Supplier or Service Provider which should cover detailed work scope, timeline for completion, quality of product and/or service etc. Accordingly, vBidLive.com does not set or endorse: (i) the price, contract terms, quality, conformance or legality of the Request for Bid or Quotes advertised; (ii) the ability of Bid or Quote Requestors to offer Request for Bid or Quotes on an independent contractor, employment or any other type of working relationship; or (iii) the ability of Supplier or Service Provider Firms to offer their services and/or perform accordingly. vBidLive.com cannot and does not control whether Supplier or Service Provider Firm will complete the Request for Bid or Quote they (or their Supplier or Suppliers or Service Providers) accept. vBidLive.com is not responsible for any Request for Bid or Quote and/or contract, or the result of any such Request for Bid or Quote and/or contract made by and between Supplier or Service Provider Firm and Bid or Quote Requestor.
B. Bid or Quote Requestor Obligations to vBidLive.com. If Bid or Quote Requestor posts a Request for Bid or Quote and it is accepted by a Supplier or Service Provider Firm, the Bid or Quote Requestor agrees as a condition of its Membership to this Site (and for the protection of vBidLive.com) that Bid or Quote Requestor: (I) shall not claim that vBidLive.com is a party to the Request for Bid or Quote between the Bid or Quote Requestor and such Supplier or Service Provider Firm, (II) is (by such acceptance or conditional acceptance) directing vBidLive.com to divulge the Bid or Quote Requestor’s and its Bid or Quote Requestor Agents’ contact information to the Supplier or Service Provider Firm that accepted the Request for Bid or Quote and such Supplier or Service Provider Firm’s Personnel, (III) shall obtain, prior to the commencement of the work, all necessary permits or other legal requirements required to have the Services perform as specified in the Request for Bid or Quote; and (IV) shall have a representative who is 18 years or older present at all times while the Services under the Request for Bid or Quote are being performed; and (V) will not circumvent usage of the Site by requesting or permitting any services to be performed or products to be sold that are not specified in a Request for Bid or Quote (as modified from time to time), through the Site. The terms of this Section 3.B shall not be deemed to be part of the contract between the Supplier or Service Provider Firm and the Bid or Quote Requestor unless such terms are set forth in the applicable Request for Bid or Quote between the Supplier or Service Provider Firm and the Bid or Quote Requestor.
C. Request for Bid or Quote Cancellation. Bid or Quote Requestor may cancel a Request for Bid or Quote, at any time, subject to any applicable cancellation fees (as set forth on the Site from time to time), however vBidLive.com may publish cancellation percentages in the Bid or Quote Requestor’s public profile and such actions may affect the Bid or Quote Requestor’s ratings. Bid or Quote Requestor authorizes the deduction of the Posting Fee and Transaction Fee from any amounts due Bid or Quote Requestor.
D. Posting Fees. In consideration for Bid or Quote Requestor’s Membership, the Bid or Quote Requestor agrees to pay to vBidLive.com a posting fee for each Request for Bid or Quote posted (the “Posting Fee”). The Posting Fee shall be a non-refundable and in accordance with the fee structure described under ‘fees’ section of the website. The Bid or Quote Requestor shall have the right to modify and/or delete the Request for Bid or Quote up until a Supplier or Service Provider Firm accepts the Request for Bid or Quote. In the event Bid or Quote Requestor’s Request for Bid or Quote is not picked up, the Bid or Quote Requestor shall have the right to repost the same Request for Bid or Quote within 30 days, at no additional Posting Fee. In addition, at the end of RFQ/RFP/bidding process the Bid or Quote Requestor is responsible for contacting selected Supplier or Service Provider, finalizing details of the work, how and when it will be executed, and any other contractual/legal requirements. vBidLive.com will ONLY be responsible for facilitating RFQ/RFP/bidding process and NOT actual execution of work. vBidLive.com also reserves the right to change the amount of the Posting Fee from time to time and it will be reflected in the fees computed and displayed on the Site. E. U.S. Dollars. All fees are quoted in U.S. Dollars. 4. PAYMENTS AND DISPUTES.
A. Payments. Unless otherwise approved by vBidLive.com in advance and in writing, all payments related to Request for Bid or Quotes must be made through the Credit Card on vBidLive.com website. B. Disputes. All disputes between Bid or Quote Requestor and Supplier or Service Provider will be resolved totally by themselves. vBidLive.com will not be responsible for product and/or work quality, scope, completion time, or any other issues related to quality of product and/or service. vBidLive.com does not control decisions by Bid or Quote Requestor and/or Supplier or Service Provider and vBidLive.com cannot compel payment by the Bid or Quote Requestor. 5. ADDITONAL VBIDLIVE.COM SERVICES.
A. Changed Terms and New or Different Services. Bid or Quote Requestor agrees that: vBidLive.com may add, delete, or modify some or all of the vBidLive.com Services at any time. From time to time, vBidLive.com may provide features and services which either are or shall be set forth in separate sections of the Site, which are subject to the terms of this Bid or Quote Requestor Agreement, but are also subject to the additional terms and pricing specified on the Site. With respect to these features and services provided on our Site, the Bid or Quote Requestor will be charged, and you agree to pay VBidLive.com any fees, as set forth in separate sections of the Site detailing such features and services. B. Suspension And Termination. vBidLive.com reserves the right to suspend and/or terminate Bid or Quote Requestor’s use of the Site and/or Membership at any time, without prior notice. Termination of Bid or Quote Requestor’s Membership by vBidLive.com also terminates this Bid or Quote Requestor Agreement, without penalty or further liability to vBidLive.com. vBidLive.com reserves the right, at its sole discretion, to terminate all open Request for Bid or Quotes in the event vBidLive.com suspends or terminates the Bid or Quote Requestor. Bid or Quote Requestor’s liability for Request for Bid or Quotes that have been accepted, survives suspension or termination of this Bid or Quote Requestor Agreement. C. RELEASE AND WAIVER. BID OR QUOTE REQUESTOR ACKNOWLEDGES THAT, IN CONSIDERATION OF BID OR QUOTE REQUESTOR’S MEMBERSHIP AND/OR THE OPPORTUNITY TO POST REQUEST FOR BID OR QUOTES BID OR QUOTE REQUESTOR AND EACH OF BID OR QUOTE REQUESTOR’S AGENTS HEREBY RELEASE VBIDLIVE.COM AND ITS AFFILIATES AND THEIR RESPECTIVE SHAREHOLDERS, DIRECTORS, OFFICERS, EMPLOYEES, SUCCESSORS, ASSIGNS, INSURERS, AGENTS, LICENSEES, DISTRIBUTORS AND INDEPENDENT CONTRACTORS FROM ANY DAMAGES OR LIABILITY WHATSOEVER RELATED TO REQUEST FOR BID OR QUOTES, THE OPERATON OF THE SITE, THE RATING SYSTEM, BID OR QUOTE REQUESTORS ENGAGEMENT OF A SUPPLIER OR SERVICE PROVIDER FIRM AND ANY OF VBIDLIVE.COM’S OTHER VBIDLIVE.COM SERVICES, INCLUDING WITHOUT LIMITATION, THE INFORMATION PROCESSING SERVICES. BID OR QUOTE REQUESTOR IRREVOCABLY WAIVES ANY CLAIMS THAT BID OR QUOTE REQUESTOR MAY HAVE IN CONNECTION WITH REQUEST FOR BID OR QUOTES, THE OPERATON OF THE SITE, THE RATING SYSTEM, YOUR ENGAGEMENT OF A SUPPLIER OR SERVICE PROVIDER FIRM AND ANY OF VBIDLIVE.COM’S OTHER VBIDLIVE.COM SERVICES, INCLUDING WITHOUT LIMITATION, THE INFORMATION PROCESSING SERVICES (INCLUDING CLAIMS OF DEFAMATION, BAD FAITH, CONSPIRACY, TORTUOUS INTERFERENCE WITH CONTRACT, ETC.). BID OR QUOTE REQUESTOR FURTHER AGREES TO INDEMNIFY VBIDLIVE.COM AND ALL OF OUR AFFILIATES AGAINST ANY AND ALL DAMAGES OR LIABILITY THAT VBIDLIVE.COM MAY INCUR, INCLUDING ATTORNEYS FEES AND COSTS, IN CONNECTION WITH VBIDLIVE.COM’S PROVISION OF SERVICES TO BID OR QUOTE REQUESTOR, INCLUDING WITHOUT LIMITATION THE INFORMATION PROCESSING SERVICES. 6. RELATIONSHIP AND OBLIGATIONS OF PARTIES.
A. vBidLive.com provides a venue for Supplier or Service Provider Firms and Bid or Quote Requestors. No Supplier or Service Provider Firm or Bid or Quote Requestor shall be considered an employee, agent, partner or joint venturer of vBidLive.com and vBidLive.com shall not be considered the employer, agent, partner or joint venturer of any Supplier or Service Provider Firm or Bid or Quote Requestor. If an arbitrator, mediator or a court determines, notwithstanding this provision, that the Supplier or Service Provider Firm (or its Suppliers or Service Providers) are agents of vBidLive.com, then the Bid or Quote Requestor’s release, waivers and indemnities under Section 5(d) shall apply to Supplier or Service Provider (and its Suppliers or Service Providers). vBidLive.com and its affiliates may participate in the venue as Bid or Quote Requestors and Supplier or Service Provider Firms for Request for Bid or Quotes they elect, in their sole discretion, to post or accept. B. The Bid or Quote Requestor agrees that vBidLive.com is simply acting as a marketplace venue for Bid or Quote Requestors and Supplier or Service Provider Firms. vBidLive.com is under no obligation to perform the services request by Bid or Quote Requestor in any Request for Bid or Quote. If vBidLive.com voluntarily undertakes to perform such services, the Bid or Quote Requestor agrees to pay vBidLive.com (rather than the Supplier or Service Provider Firm) the compensation set forth in the applicable Request for Bid or Quote. C. Bid or Quote Requestor agrees that vBidLive.com is not and will not in any way be involved in the terms and conditions of Bid or Quote Requestor’s contracting arrangement with any Supplier or Service Provider Firm and that any services Supplier or Service Provider Firm provides pursuant to a Request for Bid or Quote are provided by and under separate agreement between Supplier or Service Provider Firm and such Bid or Quote Requestor. vBidLive.com is not responsible for and cannot control the manner in which Supplier or Service Provider Firm operates and is not involved in Bid or Quote Requestor’s or Supplier or Service Provider Firm’s hiring, firing, discipline or working conditions. vBidLive.com will not provide Bid or Quote Requestor or Supplier or Service Provider Firm with any materials or tools with which to complete any Request for Bid or Quote posted by Bid or Quote Requestor and accepted by a Supplier or Service Provider Firm. Any problems, complaints or questions regarding the work environment, performance or other terms and conditions of contracting must be resolved by and between Bid or Quote Requestor and the Supplier or Service Provider Firm who accepted Bid or Quote Requestor’s Request for Bid or Quote. D. Bid or Quote Requestor agrees it will abide by any and all applicable non-discrimination, employment, tax and other federal and state laws, statutes and regulations. Bid or Quote Requestor agrees to hold harmless and indemnify vBidLive.com for any and all liability arising from a violation of any such laws, statutes and/or regulations.
7. BID OR QUOTE REQUESTOR INTERACTIONS WITH OTHER MEMBERS.
A. The Bid or Quote Requestor is solely responsible for its and its Bid or Quote Requestor Agents’ interactions with other Members, whether that be other Supplier or Service Provider Firms (their Supplier or Suppliers or Service Providers) or Bid or Quote Requestors. Bid or Quote Requestor understands that vBidLive.com does not in any way screen its Supplier or Service Provider Firms and Supplier or Suppliers or Service Providers; nor does vBidLive.com attempts to verify Members statements (e.g., insured status), and vBidLive.com is not responsible for their Content on the Site. vBidLive.com makes no representations or warranties as to: (I) the conduct of Members (and their Personnel), or (II) the number of Request for Bid or Quotes (if any) that each Bid or Quote Requestor will have accepted via the Site. In no event shall vBidLive.com be liable for any damages whatsoever, whether direct, indirect, general, special, compensatory, consequential, and/or incidental (including without limitation, bodily injury, emotional distress and/or any other damage), arising out of or relating in any way to: (x) the conduct of, or communication with, any Member (including any Bid or Quote Requestor or Supplier or Service Provider Firm), Personnel of such Members, or anyone else, (y) the use of the Site, and (z) Request for Bid or Quotes transmitted by and/or accepted through the Site. B. The Bid or Quote Requestor’s decision to register for a Membership and use the Site is the Bid or Quote Requestor’s personal decision for which the Bid or Quote Requestor alone is responsible. The Bid or Quote Requestor agrees that vBidLive.com cannot make representations as to any Supplier or Service Provider or Supplier or Service Provider Firm that accepts the Bid or Quote Requestor’s Request for Bid or Quote. C. The Bid or Quote Requestor is solely responsible for protecting itself and its personal and financial information and the Bid or Quote Requestor agrees that Bid or Quote Requestor is not entrusting that responsibility to vBidLive.com by use of the Membership. 8. DEFENSE AND INDEMNIFICATION.
A. Defense. To the fullest extent permitted by law, Bid or Quote Requestor shall, at Bid or Quote Requestor’s own expense, defend vBidLive.com and its affiliates and their respective shareholders, directors, officers, employees, successors, assigns, insurers, agents, licensees, distributors and independent contractors (each a “vBidLive.com Indemnitee”) against any allegation (regardless of whether it is false, fraudulent or groundless, whether Bid or Quote Requestor’s obligations are applicable pursuant to the terms of Section 8.B below, or whether it alleges any negligence, willful misconduct or culpability by vBidLive.com or any of the vBidLive.com Indemnitees) in any claim, complaint, demand, investigation, suit, proceeding or cause of action that arises, directly or indirectly, from: (I) any act or omission related to the performance of (or failure to perform) Request for Bid or Quotes, including any actual or alleged: (1) failure to pay for the services provided, (2) defect or improper service by Supplier or Service Provider Firm, or (3) any of its Personnel, including Bid or Quote Requestor’s Agents, (II) any breach or default under: (1) any covenant or provision of this Agreement, or (2) any law, statute, or state ordinance or any governmental administrative order, rule or regulation, and (III) (III) any claim by your Personnel, including Bid or Quote Requestor Agents (collectively, “Claims”). Bid or Quote Requestor shall use counsel reasonably satisfactory to vBidLive.com in the defense of Claims against vBidLive.com Indemnitees. vBidLive.com may, at its election, take control of defense and investigation of Claims against vBidLive.com Indemnitees, and may employ and engage attorneys of its own choice to manage such Claims, at Bid or Quote Requestor’s cost, risk and expense, provided that vBidLive.com and its counsel shall proceed with diligence and good faith with respect thereto. B. Indemnification. To the fullest extent permitted by law, Bid or Quote Requestor shall, at its own expense, release, indemnify and hold harmless all vBidLive.com Indemnitees from any and all loss, damage, cost, expense, fines, penalty, judgment, and any other liability, including but not limited to reasonable attorneys’ fees and expenses and costs of investigation incurred by any vBidLive.com Indemnitee arising out of any Claim. Bid or Quote Requestor’s failure to secure and maintain required permits and/or licenses will not relieve Bid or Quote Requestor of its responsibilities under this Section to a vBidLive.com Indemnitee. In the event of a failure by Bid or Quote Requestor to fully perform in accordance with this indemnification section, vBidLive.com, at its option and without relieving Bid or Quote Requestor of its obligations hereunder, may so perform, but all costs and expenses so incurred by vBidLive.com in that event shall be reimbursed by Bid or Quote Requestor to vBidLive.com, together with interest of the same from the date any such expense was paid by vBidLive.com until reimbursed by Bid or Quote Requestor at the rate of 18% per annum or the maximum rate allowed by law, whichever is greater. VBIDLIVE.COM SHALL HAVE NO RESPONSIBILITY OR LIABILITY FOR ANY LOSS OF OR DAMAGE TO ANY PROPERTY OF BID OR QUOTE REQUESTOR. VBIDLIVE.COM SHALL NOT BE RESPONSIBLE OR LIABLE TO BID OR QUOTE REQUESTOR OR TO ANYONE CLAIMING BY, THROUGH, OR UNDER BID OR QUOTE REQUESTOR INCLUDING WITHOUT LIMITATION, BID OR QUOTE REQUESTOR’S SHAREHOLDERS, DIRECTORS, OR PERSONNEL FOR ANY LOSS OR DAMAGE THAT MAY BE OCCASIONED BY OR THROUGH THE ACTS OR OMISSIONS OF ANY PERSON (INCLUDING WITHOUT LIMITATION ANY VBIDLIVE.COM PERSONNEL, ANY BID OR QUOTE REQUESTOR OR ANY PERSON AT A SERVICE LOCATION).
9. TAXES.
The Bid or Quote Requestor is responsible for paying any taxes on the Transaction. vBidLive.com is not obligated to determine the applicability of any taxes or to remit, collect or report any such applicable taxes. Furthermore, Bid or Quote Requestor is responsible for paying all fees associated with using vBidLive.com’s Services and the Site and all applicable taxes, if any, associated therewith.
10. TERM.
A. This Agreement shall become effective as described above and shall continue until terminated by vBidLive.com or the Bid or Quote Requestor under the terms of Section 10.B below. B. Either party may terminate this Agreement at anytime upon notice to the other party. In such event, (I) the Bid or Quote Requestor’s Membership shall continue for a period necessary to complete any process already set into motion to complete a Request for Bid or Quote; (II) the Bid or Quote Requestor shall continue to be obligated to pay charges incurred under its Membership and fees due under any Request for Bid or Quotes posted on its behalf, and (III) the Bid or Quote Requestor shall not post any additional Request for Bid or Quotes.
11. LICENSES/PERMITS
The Bid or Quote Requestor hereby represents and warrants that Bid or Quote Requestor shall at its own expense obtain (or contract with a third party to obtain) all licenses and permits (as applicable) which may be required under applicable federal, state or local law, ordinance, rule or regulation by virtue of an act performed pursuant to a Request for Bid or Quote issued pursuant to this Agreement. Furthermore, it is the Bid or Quote Requestor’s sole responsibility, to request from each Supplier or Service Provider Firm (or its Supplier or Suppliers or Service Providers) a copy of all current licenses and/or insurance held by such Supplier or Service Provider Firm.
12. CONFIDENTIAL INFORMATION.
A. Definition. “Confidential Information” means any information, whether disclosed in oral, written, visual, electronic or other form, which vBidLive.com discloses or Bid or Quote Requestor (or Bid or Quote Requestor’s Agents) observes in connection with the Bid or Quote Requestor’s performance of its obligations under this Agreement. Confidential Information includes, but is not limited to, Supplier or Service Provider Firm information, work product; vBidLive.com business plans, strategies, forecasts and analyses; vBidLive.com financial information; vBidLive.com employee and vendor information; vBidLive.com software (including all documentation and code); hardware and system designs, architectures and protocols; vBidLive.com product and service specifications; vBidLive.com purchasing, logistics, sales, marketing and other business processes; and the terms and existence of the Agreement. B. Restrictions. The Bid or Quote Requestor shall restrict disclosure of Confidential Information to the Bid or Quote Requestor’s Personnel (including its Bid or Quote Requestor’s Agents) who have a need to know such information to perform its obligations hereunder and who have first agreed to be bound by the terms of this Section 12. The Bid or Quote Requestor is liable for any unauthorized disclosure or use of Confidential Information by any the Bid or Quote Requestor Personnel. Within ten (10) days after receiving a written request from vBidLive.com, Bid or Quote Requestor shall destroy in such a manner that it cannot be retrieved, or return (as instructed by vBidLive.com) any materials containing Confidential Information. The Bid or Quote Requestor shall certify to vBidLive.com that Bid or Quote Requestor has satisfied its obligations under this Section 12.B. C. Notice. The Bid or Quote Requestor shall notify vBidLive.com promptly upon the discovery of the loss, unauthorized disclosure or unauthorized use of the Confidential Information and shall indemnify vBidLive.com and hold vBidLive.com harmless for such loss, unauthorized disclosure or unauthorized use, including attorney’s fees. Furthermore, the Bid or Quote Requestor agrees on behalf of itself and its Bid or Quote Requestor Agents that vBidLive.com may send the Bid or Quote Requestor and its Bid or Quote Requestor Agents text messages to the mobile phone numbers they submit through the site and the Bid or Quote Requestor acknowledges that the Bid or Quote Requestor and its Bid or Quote Requestor Agents may be charged fees by their mobile phone provider for receipt of such messages (and that such fees are not vBidLive.com’s responsibility). D. Equitable Rights. In addition to any other rights vBidLive.com may have under this Agreement or in law, since unauthorized use or disclosure of the Confidential Information may result in immediate and irreparable injury to vBidLive.com for which monetary damages may not be adequate, in the event the Bid or Quote Requestor or its Personnel uses or discloses or in vBidLive.com sole opinion, the Bid or Quote Requestor or its Personnel is likely to use or disclose the Confidential Information in breach of the Bid or Quote Requestor’s obligations under this Bid or Quote Requestor Agreement, vBidLive.com shall be entitled to equitable relief, including temporary and permanent injunctive relief and specific performance. E. Audit. The Bid or Quote Requestor shall permit vBidLive.com to audit the Bid or Quote Requestor’s compliance with the provisions of this Section 12 at any time during the Bid or Quote Requestor’s regular business hours. F. Material Breach. A breach of this Section 12 at by the Bid or Quote Requestor or its Personnel shall be deemed a material breach of this Bid or Quote Requestor Agreement.
13. CRIMINAL BACKGROUND CHECKS.
vBidLive.com may require, in its sole discretion, from time to time, as a condition to use of the Site, that Supplier or Service Provider Firms and their Supplier or Suppliers or Service Providers each pass a background check. The Bid or Quote Requestor acknowledges that such checks will be performed by a third party and that vBidLive.com shall have no liability for such background checks, regardless of whether vBidLive.com selects the background check provider and/or pays for the background checks. Furthermore, the Bid or Quote Requestor acknowledges that every background check process has limitations and that vBidLive.com does not represent that a Supplier or Service Provider who has passed such a check does not have a criminal history or criminal propensities. The Bid or Quote Requestor acknowledges that the Bid or Quote Requestor must determine for itself what, if any, reliance the Bid or Quote Requestor chooses to place on such checks. 14. NON-SOLICITATION OF VBIDLIVE.COM BID OR QUOTE REQUESTORS AND NON-COMPETE.
All Supplier or Service Provider Firms names, Supplier or Suppliers or Service Providers names and other leads and prospects (“Provider Leads”) resulting from the Membership or use of the Site belong to vBidLive.com. Supplier or Service Provider Firm and its Personnel are not permitted to market, in any fashion, products or services to the Bid or Quote Requestor, and if a Supplier or Service Provider Firm or its Personnel do so, the Bid or Quote Requestor shall notify vBidLive.com. Furthermore, the Bid or Quote Requestor acknowledges and agrees that it shall be deemed a material breach of this Agreement for the Bid or Quote Requestor to purchase any product or service from a Provider Lead independently of the Site or to otherwise circumvent the Site. In addition, Supplier or Service Provider Firms and their Personnel are not permitted to leave with a the Bid or Quote Requestor, any brochure, coupon, magnet, business card or any other form of advertisement and the Bid or Quote Requestor agrees to notify vBidLive.com if a Supplier or Service Provider (or its Personnel) violate such prohibition. The Bid or Quote Requestor agrees as a condition to its access to and use of the Site that the Bid or Quote Requestor and each Bid or Quote Requestor Agent shall not create a similar website or otherwise create a business model that competes, in any substantial way, with vBidLive.com and the Site during the Term and for a period of three (3) years thereafter.
15. DEFAULT.
In the event that Bid or Quote Requestor (or any of its Personnel) breach of any of the terms of this Agreement, vBidLive.com has the right to immediately suspend and/or terminate the Bid or Quote Requestor’s Membership for cause. Such breaches include, without limitation: A. Any breach of the Bid or Quote Requestor’s obligations hereunder; B. If the Bid or Quote Requestor submits any false information to the Site; C. If the Bid or Quote Requestor becomes insolvent or files for bankruptcy; D. If the Bid or Quote Requestor assigns this Agreement; E. If the Bid or Quote Requestor accepts from a Supplier or Service Provider Firm any products or services outside of the Site; F. If the Bid or Quote Requestor’s actions are deemed by vBidLive.com to interfere with or have adverse effect on vBidLive.com, the Site or its Members. G. If the Bid or Quote Requestor violates Section 12 (Confidential Information); or H. If the Bid or Quote Requestor violates any of the other Terms.
16. NON-EXCLUSIVE REMEDIES.
In the event the Bid or Quote Requestor breaches the Terms or otherwise fails to perform its responsibilities in regards to a Request for Bid or Quote, then vBidLive.com shall have the right, but not the obligation to recover from the Bid or Quote Requestor the amount of any loss or damage, whether liquidated or unliquidated, suffered or incurred as a result of such default, including without limitation, reasonable attorney’s fees, penalties, increased costs and loss of profits. The foregoing remedies for default shall be considered distinct, separate and cumulative and shall be in addition to any other right or remedy given elsewhere in this Agreement to vBidLive.com or now or hereinafter existing at law or in equity, including any right to the recovery of reasonable attorney’s fees.
17. GENERAL. A. Force Majeure. vBidLive.com shall not be liable to any Member for any failure or inability to perform or for delay in performance of vBidLive.com’s obligations hereunder if caused by any strike, lockout, labor dispute, inability to obtain labor or material, act of God, governmental restriction, regulation or control, enemy or hostile governmental action, civil commotion, insurrection, sabotage, fire or other casualty or by any event similar to the foregoing beyond the control of such party, however the time to perform such obligation or satisfy such condition shall be postponed by the period of time consumed by the delay. If vBidLive.com, as a result of any such event, be unable to exercise any right within any time limit provided therefore in this Agreement, the time limit for same thereof shall be postponed for the period of time consumed by such delay. B. Publicity. The Bid or Quote Requestor will not use vBidLive.com’s name, trademarks, service marks or commercial symbols or logos (“vBidLive.com Marks”), or reveal the existence of this Agreement in any advertising, promotional activities or publicity release and shall refrain from making any reference to this Bid or Quote Requestor Agreement or to vBidLive.com, unless vBidLive.com has given its prior written approval to such action. Furthermore, if it becomes advisable at any time in vBidLive.com, sole discretion for the Bid or Quote Requestor to modify or discontinue the use of such vBidLive.com Marks, the Bid or Quote Requestor shall modify and/or comply immediately. C. Courts; Waiver of Jury Trial and Inconsistent Claims; Attorney’s Fees. Subject to Section 17.J, this Agreement, the federal and/or state/provincial courts of the United States and Canada shall have personal and subject matter jurisdiction over the Bid or Quote Requestor and any and all Claims, disputes, or controversies of any nature whatsoever (whether in contract, tort or otherwise, including statutory, common law, fraud, other intentional tort, property and equitable claims) arising out of, relating to, or in connection with this (i) this Agreement; (ii) the relationships which result from this Agreement; or (iii) the validity, scope, interpretation or enforceability of this Agreement, and the parties each hereby, solely and exclusively submit to the venue of such courts with respect thereto. Any and all objections to such sole and exclusive jurisdiction and venue are hereby waived by the Bid or Quote Requestor. The Bid or Quote Requestor’s consent to service of process permitted under the United States and/or Canada law or by certified mail, return receipt requested. If it is determined by a court of competent jurisdiction that Bid or Quote Requestor’s submission to personal and/or subject matter jurisdiction is not valid, then the Bid or Quote Requestor agrees to submit to the exclusive jurisdiction of the United States state /Canadian province of its primary place of business (or personal residence if the Bid or Quote Requestor is not a business). No non-U.S. and non-Canadian state/provincial or federal court shall have jurisdiction. THE BID OR QUOTE REQUESTOR AND VBIDLIVE.COM HEREBY RESPECTIVELY IRREVOCABLY WAIVE, TO THE FULLEST EXTENT PERMITTED BY LAW, THE RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM WHETHER IN CONTRACT, TORT OR OTHERWISE, RELATING DIRECTLY OR INDIRECTLY TO THIS AGREEMENT AND THE OBLIGATIONS AND AGREEMENTS CONTAINED HEREIN. THE BID OR QUOTE REQUESTOR ALSO IRREVOCABLY WAIVES THE RIGHT TO MAKE ANY CLAIMS INCONSITENT WITH THE TERMS, INCLUDING THIS BID OR QUOTE REQUESTOR AGREEMENT. D. No Assignment. The Bid or Quote Requestor may not assign this Agreement or its rights or obligations hereunder without the prior written consent of vBidLive.com. E. Severability. If any provision of this Agreement is held to be contrary to any law to which it is subject, such provision will be ineffective to the extent of such prohibition without invalidating the remaining provisions of this Agreement. F. Waivers. No waiver of any provision of the Agreement or breach thereof shall be implied by failure to enforce any rights or remedy herein provided, and no express waiver shall affect any provision or breach other than that to which the waiver is applicable and only for that occurrence. G. Communications. Due to the inherent nature of the Internet and electronic communication transactions, the Bid or Quote Requestor agrees that vBidLive.com is not responsible for the accuracy of all transmissions to or from the Site or for any interception by unauthorized third parties of such communications. H. Other. The Bid or Quote Requestor is not authorized to, and Bid or Quote Requestor shall not enter into any agreement, make purchases or incur any other obligation or expense of any kind in the name of or on behalf of vBidLive.com under any circumstances. I. Cumulative Rights and Remedies. All rights and remedies are cumulative, and the exercise of any right of remedy herein provided shall be without prejudice to the right to exercise any other right or remedy provided herein, by law or by equity. J. Governing Law. This Bid or Quote Requestor Agreement (and the Terms) shall be governed by the laws of the Province of Ontario, Canada, which State or Province the parties agree has a substantial relationship to the parties and to the underlying transactions embodied hereby, and in all respects, including, without limiting the generality of the foregoing, matters of construction, validity, enforcement and performance, of this Bid or Quote Requestor Agreement (and the Terms) and the obligations arising hereunder shall be governed by and construed in accordance with the laws of the Province of Ontario, Canada applicable to contracts made within such State or Province, without giving effect to the principles of conflicts of law of such jurisdiction. K. General. By using vBidLive.com for the vBidLive.com Services (including, without limitation, the information processing Services), the Bid or Quote Requestor agrees that vBidLive.com is not acting in an implied fiduciary capacity for any Supplier or Service Provider Firm or the Bid or Quote Requestor. L. Notices. The Bid or Quote Requestor agrees that vBidLive.com may send all notices to the Bid or Quote Requestor in electronic form to the email address the Bid or Quote Requestor submits during registration and that such notices shall have the same affect as written notices personally served on the Bid or Quote Requestor. M. Construction and Survival. (I) This Bid or Quote Requestor Agreement cancels and supersedes all prior written and unwritten agreements (other than the Terms) and understandings between the parties with respect to the subject matter described herein. (II) This Bid or Quote Requestor Agreement is binding upon the parties hereto and their respective execu¬tors, administrators, heirs, assigns, and succes¬sors in interest, and shall not be modified except by: (a) written agreement signed by both vBidLive.com and Bid or Quote Requestor, or (b) vBidLive.com posting a revised Agreement on the Site (which revised Agreement will be binding on any Bid or Quote Requestor who continues to use this Site or post Request for Bid or Quotes. (III) Any terms of this Bid or Quote Requestor Agreement that would, by their nature, survive the termination or expiration of this Bid or Quote Requestor Agreement shall so survive, including Section 4 (Payment and Disputes), Section 6 (Relationship and Obligation Of Parties), Section 8 (Defense And Indemnification), Section 12 (Confidential Information), Section 14 (Non-Solicitation Of VBidLive.com Bid or Quote Requestors And Non-Compete), Section 16 (Non-Exclusive Remedies) and Section 17 (General). N. Entire Agreement. This Bid or Quote Requestor Agreement (together with the Terms) constitutes the entire agreement between the vBidLive.com and Bid or Quote Requestor with respect to the subject matter herein. No representative of either party has or shall have authority to make any oral modification in the terms of this Agreement. O. Third Party Beneficiaries. There are no third party beneficiaries to this Bid or Quote Requestor Agreement and Bid or Quote Requestor’s Personnel shall have no rights hereunder independent of the rights of the Bid or Quote Requestor.
*** End of Bid or Quote Requestor Agreement ***
SUPPLIER OR SERVICE PROVIDER AGREEMENT
THIS VBIDLIVE.COM SUPPLIER OR SERVICE PROVIDER AGREEMENT (this “Supplier or Service Provider Agreement") is a contractual agreement between vElement Corporation, Canada and you (the individual or entity, "you" or "Supplier or Service Provider Firm") who registers as a Supplier or Service Provider Firm on vBidLive.com or any related website ("Site"). This Supplier or Service Provider Agreement is effective when you click the "I Agree" checkbox on the Site. This Supplier or Service Provider Agreement together with the Terms of Service (collectively, the "Terms"), governs your membership on and use of the Site, the Services (as defined below) provided by vBidLive.com and the transactions conducted through the Site (collectively, your "Membership"). Capitalized terms used herein, but not defined herein, will have the meaning set forth in the other Terms. In consideration of the each of our obligations below and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, we each agree as follows:
1. vBidLive.com Membership.
vBidLive.com is a venue (together with the other services we provide, collectively the "Service"), for you and other Supplier or Service Provider firms (each a "Supplier or Service Provider Firm") to offer the services of their Supplier or Suppliers or Service Providers (each a "Supplier or Service Provider") to individuals and/or entities who wish to buy services ("Bid or Quote Requestors") and for Bid or Quote Requestors to route requests for services ("Request for Bid or Quotes"), to Supplier or Suppliers or Service Providers of their choosing. You and other Supplier or Service Provider Firms and Bid or Quote Requestors are collectively referred to herein as "Members". Your Membership provides your firm with the opportunity to market your Supplier or Suppliers or Service Providers' (as defined below), services to Bid or Quote Requestors who create a Request for Bid or Quote on the Site. vBidLive.com's Site allows you to monitor Request for Bid or Quotes, communicate with Bid or Quote Requestors, accept Request for Bid or Quotes on behalf of your Supplier or Suppliers or Service Providers and counter offer a Request for Bid or Quote through a variety of technologies. As part of the Services, vBidLive.com may offer you additional products and/or services from time to time.
2. Click The "I Agree" Checkbox. You must register each individual who may accept Request for Bid or Quotes and otherwise communicate or your behalf (each a "Supplier or Service Provider Agent"); if you identify a Supplier or Service Provider Agent as being one of your Supplier or Suppliers or Service Providers (each a "Supplier or Service Provider"), you authorize such Supplier or Service Provider to perform service under Request for Bid or Quote accepted by you. You will: (A) create a separate individual profile for each Supplier or Service Provider Agent, (B) be responsible for all acts or omissions of Supplier or Service Provider Agents registered under your account, (C) accept each Request for Bid or Quote for a specific Supplier or Service Provider and will not substitute Supplier or Suppliers or Service Providers without the Bid or Quote Requestor's prior consent, and (D) agree on behalf of, and will require each Supplier or Service Provider Agent to agree, to the Terms as if such Supplier or Service Provider Agent were you under these Terms. By accepting the Terms and completing the registration process, you are simultaneously (i) registering as a Supplier or Service Provider Firm and as a Supplier or Service Provider; and (ii) representing, warranting and covenanting that you and each Supplier or Service Provider registered by you/your firm can legally enter into these Terms. If you do not accept these Terms, you and your Supplier or Suppliers or Service Providers are not authorized to use the Site and/or register for a Supplier or Service Provider Firm Membership. If you have any questions about these Terms, please contact vBidLive.com at support@vbidlive.com. All references to "you" in these Terms will also refer to your Supplier or Service Provider Agents and other Personnel (as defined below).
3. Request for Bid or Quote Process.
As a Supplier or Service Provider Firm, you elect which of your Supplier or Suppliers or Service Providers to make available on the Site and which of your Personnel are authorized to accept Request for Bid or Quotes and otherwise communicate on your behalf. Bid or Quote Requestors have the option of posting Request for Bid or Quote(s) on the Site on a "Request for Quote" or a "Reverse Auction or Bid" basis. Bid or Quote Requestors select the individual Supplier or Suppliers or Service Providers to whom their Request for Bid or Quote(s) are offered. A. Request for Bid or Quotes Posted on a “Request for Quote” basis. By posting a Request for Bid or Quote using the "Request for Quote" option on the Site, each Bid or Quote Requestor agrees to review all submissions and select the one that fulfills Bid or Quote Requestor’s requirements the best. B. Request for Bid or Quotes Posted on a “Reverse Auction or Bid” basis. For Request for Bid or Quotes posted using the "Reverse Auction or Bid" option on the Site you agree that: (I) any bids posted on the Site by you are a binding offer by you that may be accepted by any of the Bid or Quote Requestor to whom your offer is sent on the Site and that such offer will remain open as provided for on the Site, (II) when a Bid or Quote Requestor accepts your bid (a/k/a your offer) by clicking "Accept Bid" (or similar) on the Site, a contract will exist between you and such Bid or Quote Requestor, (II) you and the Bid or Quote Requestor may comment upon an open Request for Bid or Quote and vBidLive.com may share such comments with the Bid or Quote Requestor and the other Supplier or Service Provider Firms to whom such Request for Bid or Quote was routed; and (III) you may revoke, modify or submit new bids at any time, as provided for on the Site, prior to acceptance by a Bid or Quote Requestor. If you send a new bid your prior bid will be deemed automatically revoked if it has not already been accepted by the Bid or Quote Requestor (as determined by vBidLive.com in its sole discretion). C. Communications and User Content. You may send information to a Bid or Quote Requestor who has sent your Supplier or Suppliers or Service Providers a Request for Bid or Quote (and such Bid or Quote Requestor may send you information, each such communication a "Request for Bid or Quote Communication"), through tools on the Site (for example, through the Site's communication monitor functionality, via email, or other means). Information posted by you or by your Personnel on or through the Site, including in your bids and counter-offers (for example, job descriptions, pictures, documents, etc.) and in other Request for Bid or Quote Communications constitutes "User Content" and per the Terms vBidLive.com is free to use such User Content, without restriction or payment of any kind to you. You must use the Site to communicate changes in scope of the Request for Bid or Quotes you are awarded, changes in appointment dates, and changes in price and terms. You should also communicate such changes directly to the Bid or Quote Requestor. The Bid or Quote Requestor who issues the Request for Bid or Quote is the person or entity that retained you and you should clearly communicate with him/her the same as you would with any customer of yours. You may not tell the Bid or Quote Requestor (or any other person) that you work for vBidLive.com, you are "from vBidLive.com" or otherwise indicate that you have any relationship with vBidLive.com (other than as a Supplier or Service Provider Firm listed on the Site). You are responsible for all Request for Bid or Quote Communications by your Personnel (e.g., questions, comments, bids, counter-offers, etc.), and all Request for Bid or Quote Communications must be made in an appropriate, business like manner in accordance with these Terms (including restrictions on obscenities or other offense materials). All Request for Bid or Quote Communications must be directly related to the underlying Request for Bid or Quote. It is a violation of these Terms for any Member (or their Personnel) to disparage any other Member, or their products or services in any Request for Bid or Quote Communication. Request for Bid or Quote Communications which are sent prior to the acceptance of the Request for Bid or Quote (or bid or counter-offer), as determined by vBidLive.com in it sole judgment, will be sent to the Bid or Quote Requestor who issued the Request for Bid or Quote and all Supplier or Service Provider Firms who received the original Request for Bid or Quote. Once the Request for Bid or Quote (or final bid or counter-offer) has been accepted, Request for Bid or Quote Communications will only be sent to the issuing Bid or Quote Requestor and the Supplier or Service Provider Firm awarded such Request for Bid or Quote; provided that vBidLive.com reserves the right to monitor all Request for Bid or Quote Communications (but vBidLive.com is under no obligation to so monitor). You are responsible for all communications (e.g., Request for Bid or Quotes, Request for Bid or Quote Communications, etc.) posted on the Site under your or your Personnel's User Ids, regardless of whether you authorized such communications. D. Your Contract with the Bid or Quote Requestor. If you are awarded a Request for Bid or Quote, a new contract will be established between you and the issuing Bid or Quote Requestor which will cover the detailed work scope, project completion timelines, detailed pricing & payment terms, quality of products and/or services etc. E. Other Request for Bid or Quote Terms. The Bid or Quote Requestor retains the right to withdraw or modify a Request for Bid or Quote at any time, as provided for on the Site, and subject to these Terms. All modifications to a Request for Bid or Quote must be processed through the Site. Except in those instances where vBidLive.com has elected, in its sole discretion to post, accept or bid on a Request for Bid or Quote as a Bid or Quote Requestor or a Supplier or Service Provider Firm: (I) vBidLive.com does not control any part of the Request for Bid or Quote(s) or the contract between you and the Bid or Quote Requestor; (II) vBidLive.com does not set or endorse: (1) the price, contract terms, quality, conformance or legality of the Request for Bid or Quotes advertised; or (2) the ability of Bid or Quote Requestors to offer Request for Bid or Quotes on an independent contractor, employment or any other type of working relationship; and (III) vBidLive.com does not control whether any Bid or Quote Requestor will pay the fees they agree to pay, and (IV) Service Live is not responsible for any Request for Bid or Quote and/or contract, or the result of any such Request for Bid or Quote and/or contract made between you and the Bid or Quote Requestor. F. Your Obligations to vBidLive.com. If you post a bid or you accept a Request for Bid or Quote, you agree (for VBidLive.com's benefit) that you: (I) accept the Bid or Quote Requestor's terms contained in the Request for Bid or Quote (as modified by Bid or Quote Requestor and you through the Site), (II) will not charge the Bid or Quote Requestor more than the maximum amount (the "Spend Limit") set forth in the Request for Bid or Quote, (III) are (by such acceptance or bid) directing vBidLive.com to divulge your and your Personnel's contact information to the Bid or Quote Requestor who posted the Request for Bid or Quote, (IV) will evaluate the location and site where the Request for Bid or Quote will be performed (the "Service Location"), verify that the services under the Request for Bid or Quote can be performed in accordance with its terms (including the payment terms and the timeline for completion of the Request for Bid or Quote as set forth in the Request for Bid or Quote), and obtain all necessary materials and equipment to perform as specified in the Request for Bid or Quote; (V) will perform the Services in a neat, professional, good and workmanlike manner strictly in accordance with the Request for Bid or Quote and all specifications therein; (VI) will also perform the Services in accordance with all applicable: established trade practices, manufacturer specifications, laws, rules, regulations, ordinances or other lawful requirements, as subsequently revised, (VII) will comply with all safety requirements promulgated by the Bid or Quote Requestor; (VIII) will not provide any services at any location unless a Bid or Quote Requestor's representative (who must be 18 years or older) is present at all times; (IX) will, at your sole cost and expense, repair any and all damage caused by you or your Personnel; (X) remove from the Service Location all of your materials and/or equipment and all debris and other garbage arising from performance of the Request for Bid or Quote (unless otherwise agreed in the Request for Bid or Quote); (XI) will provide vBidLive.com with a complete list of all employees, material suppliers and laborers to be utilized on any Request for Bid or Quote as requested by vBidLive.com from time to time during the Term of this Supplier or Service Provider Agreement, as such Term may be extended, (XII) will require your Supplier or Suppliers or Service Providers to provide reliable transportation to the Service location, (XIII) will not circumvent usage of the Site by providing any services or products not specified in a Request for Bid or Quote (as modified from time to time), issued through the Site, and (XIV) will not claim that vBidLive.com is a party to any Request for Bid or Quote between you and a Bid or Quote Requestor (unless vBidLive.com elects, in its sole discretion, to post a Request for Bid or Quote on its own behalf). In the event you fail to timely complete a Request for Bid or Quote in accordance with the requirements set forth in the Terms, then you will be responsible for all costs and expenses incurred by vBidLive.com in connection with your failure. The terms of this Section 3.F will not be deemed to be part of the contract between you and the Bid or Quote Requestor unless such terms are set forth in the applicable Request for Bid or Quote between you and the Bid or Quote Requestor. G. Request for Bid or Quote Cancellation. A Bid or Quote Requestor may cancel a Request for Bid or Quote, at any time, subject to any applicable cancellation fees (as set forth on the Site from time to time). You may release (cancel) a Request for Bid or Quote without monetary penalty, however vBidLive.com may publish release percentages in your public profile and such actions may affect your ratings. H. Fees. Currently it’s FREE for Supplier or Suppliers or Service Providers to participate RFQ/bidding process, however, vBidLive.com reserves the right to introduce a new fee structure which may require Supplier or Suppliers or Service Providers to pay to be able to participate in RFQ/bidding process. I. Venue. You agree that vBidLive.com is simply acting as a marketplace venue for Bid or Quote Requestors and Supplier or Service Provider Firms. Except for Request for Bid or Quotes posted under vBidLive.com's name, vBidLive.com is under no obligation to pay for services you perform in connection with any Request for Bid or Quote. If vBidLive.com voluntarily undertakes to pay you, you agree to pay to vBidLive.com any compensation you receive from the Bid or Quote Requestor and you agree to waive all of your rights and claims against such Bid or Quote Requestor. vBidLive.com is not responsible for any wage withholdings regarding your Personnel nor is vBidLive.com responsible for the determination of whether any sales and use taxes apply to any Request for Bid or Quote transactions. J. vBidLive.com Verified. From time to time, vBidLive.com may, but is not obligated to, review documents provided by a Member (e.g. insurance certificates, training certifications, etc.), and if vBidLive.com, in its sole judgment, is satisfied that such document appears authentic, mark such document as "vBidLive.com Verified." You acknowledge that vBidLive.com does not guaranty the authenticity or accuracy of such document or that such document is enforce, or that it was properly obtained by the Member posting it. You agree that you will not rely upon a document's "vBidLive.com Verified" status and that VBidLive.com will have no liability to you in connection with such documents (including vBidLive.com's marking a document as "vBidLive.com Verified"). You must determine for yourself what, if any, reliance you choose to place on such documents. K. Employees of vBidLive.com and vElement Companies. Employees of vBidLive.com and other vElement companies are not allowed to perform Request for Bid or Quotes issued on the Site by vBidLive.com or its affiliates. Any employee of vBidLive.com or its affiliates who accepts (or is assigned) a Request for Bid or Quote issued by VBidLive.com or its affiliates must promptly release such Request for Bid or Quote on the Site.
4. Payments and Disputes.
A. Payments. Unless otherwise approved by vBidLive.com in advance and in writing, all payments related to Request for Bid or Quotes must be made through the vBidLive.com authorized payment system ("Payment System"). Use of the Payment System is subject to the following separate terms and conditions. vBidLive.com has no obligation to pay you, but may do so on behalf of its affiliates and certain commercial Bid or Quote Requestors for whom vBidLive.com has separately agreed in writing to provide such Service. You authorize vBidLive.com to deduct from fund due you from the Payment System any amounts you owe vBidLive.com. B. Disputes. vBidLive.com does not control any decisions by Bid or Quote Requestor and vBidLive.com can not compel payment by the Bid or Quote Requestor. vBidLive.com may provide limited assistance in resolving disputes between Bid or Quote Requestors and Providers Firms when both parties agree to participate in vBidLive.com's voluntary dispute resolution assistance process and when final payment for services has not been issued. By participating in such process: (I) you authorized vBidLive.com to disclose to the other party all information that vBidLive.com has regards to the dispute (including information provided by you), (II) you waive any claims against vBidLive.com or its representatives (including members of the dispute resolution committee) arising in connection with your use of the dispute resolution process (including any claims related to any recommended resolutions of your dispute) and your further agree to indemnify and hold harmless VBidLive.com and its representatives from such claims. If you are unable to resolve a dispute with a Bid or Quote Requestor regarding services you have performed, you may attempt to enforce any rights you have for payment directly against the Bid or Quote Requestor (subject to the restrictions set forth in this Supplier or Service Provider Agreement). 5. Criminal Background Checks.
vBidLive.com may require that each Supplier or Service Provider pass, from time to time, a background check. You acknowledge that such checks will be performed by a third party and that vBidLive.com will have no liability for such background checks, regardless of whether vBidLive.com selects the background check provider and/or pays for the background checks. Further, you acknowledge that every background check process has limitations and that you agree that vBidLive.com will have no liability for excluding you from the Site based upon the results of a background check (even if such results are incorrect).
6. Default.
In the event that you (or any of your Personnel) breach of any of these Terms, vBidLive.com has the right to immediately suspend and/or terminate your Membership for cause. Such breaches include: A. Any breach of your obligations hereunder; B. Any failure by you to commence or diligently pursue the completion of a Request for Bid or Quote accepted by you in accordance this Supplier or Service Provider Agreement; C. If your submit any false information to the Site; D. If you become insolvent or file for bankruptcy; E. If you assign these Terms or trans¬fer control of your business; F. If you offer any Bid or Quote Requestor any products or services outside of the Site; G. If your actions are deemed by VBidLive.com to interfere with or have adverse effect on vBidLive.com, the Site or its Members; H. If you are convicted by a court of, or plead no contest to, a felony, or other crime or offense; I. If you violate Section 8 (Confidential Information) of Appendix #1. J. If you fail to maintain in force any required insurance coverages or licenses; or K. If you violate any of the other Terms.
7. Relationship and Obligations of Parties.
A. Neither you nor any Bid or Quote Requestor will be considered an employee, agent, partner or joint venturer of vBidLive.com and vBidLive.com will not be considered the employer, agent, partner or joint venturer of you, your Personnel or any of Bid or Quote Requestor. vBidLive.com is not involved in your hiring, firing, discipline or employment or other decisions. If an arbitrator, mediator or a court determines, notwithstanding this provision, that a Bid or Quote Requestor (or its Personnel) are agents of vBidLive.com, then your release, waivers and indemnities and other obligations under Section 4 below will apply to the Bid or Quote Requestor (and its Personnel). vBidLive.com and its affiliates may participate in the venue as Bid or Quote Requestors and Supplier or Service Provider Firms for Request for Bid or Quotes they elect, in their sole discretion, to post or accept or bid upon. B. You agree that, except in those instances where vBidLive.com has posted a Request for Bid or Quote in its own name, vBidLive.com: (I) is not in any way be involved in the terms and conditions of your contracting arrangement with any Bid or Quote Requestor and that any services you provide pursuant to a Request for Bid or Quote are provided by and under separate agreement between you and such Bid or Quote Requestor, (II) vBidLive.com is not responsible for and can not control the manner in which Bid or Quote Requestors operate and is not involved in Bid or Quote Requestors hiring, firing, discipline or working conditions; and (III) will not provide Bid or Quote Requestor or you with any materials or tools with which to perform any Request for Bid or Quote. Any problems, complaints or questions regarding the work environment, performance or other terms and conditions of contracting must be resolved by and between you and the Bid or Quote Requestor who hires you. C. You will abide by any and all applicable licensing, permitting, employment, non-discrimination, tax and other federal, state and local laws, statutes, ordinances and regulations. You agree to hold harmless and indemnify vBidLive.com for any and all liability arising from a violation of any such laws, statutes, ordinances and/or regulations. D. As used herein, the term "Personnel" means, as to you, your employees, Provider Agents, other agents, and subcontractor(s), and as to vBidLive.com its employees, agents and subcontractors.
8. Changes in Terms, Suspension/Termination and Release and Waiver.
A. Changed Terms and New or Different Services. You agree that: vBidLive.com may add, delete, or modify some or all of the Services at any time. From time to time, vBidLive.com may provide features, products or Services which either are or will be set forth on the Site, which are subject to these Terms, but are also subject to the additional terms and pricing specified on the Site. With respect to these features and services provided on our Site, you will be charged, and you agree to pay VBidLive.com any fees for such features, products and/or Services, as set forth on the Site. B. RELEASE AND WAIVER. YOU ACKNOWLEDGE THAT, IN CONSIDERATION OF YOUR MEMBERSHIP AND/OR YOUR OPPORTUNITY TO RECEIVE REQUEST FOR BID OR QUOTES YOU AND EACH OF YOUR PERSONNEL HEREBY RELEASE VBIDLIVE.COM AND ITS AFFILIATES AND THEIR RESPECTIVE SHAREHOLDERS, DIRECTORS, OFFICERS, EMPLOYEES, SUCCESSORS, ASSIGNS, INSURERS, AGENTS, LICENSEES, DISTRIBUTORS AND INDEPENDENT CONTRACTORS, INCLUDING THE PAYMENT SYSTEM PROVIDER (COLLECTIVELY, THE "VBIDLIVE.COM COVERED PARTIES"), FROM ANY DAMAGES OR LIABILITY WHATSOEVER RELATED TO REQUEST FOR BID OR QUOTES, THE OPERATON OF THE SITE, THE RATING SYSTEM, THE PAYMENT SYSTEM, YOUR ENGAGEMENT BY A BID OR QUOTE REQUESTOR AND ANY OF THE SERVICES, INCLUDING ANY INFORMATION PROCESSING SERVICES (COLLECTIVELY, THE "COVERED ITEMS"). YOU IRREVOCABLY WAIVE ANY CLAIMS THAT YOU OR YOUR PERSONNEL MAY HAVE IN CONNECTION WITH COVERED ITEMS (INCLUDING CLAIMS OF DEFAMATION, BAD FAITH, CONSPIRACY, TORTUOUS INTERFERENCE WITH CONTRACT, ETC.). YOU FURTHER AGREE TO INDEMNIFY THE VBIDLIVE.COM COVERED PARTIES AGAINST ANY AND ALL DAMAGES OR LIABILITY THAT VBIDLIVE.COM OR THE VBIDLIVE.COM COVERED PARTIES MAY INCUR, INCLUDING ATTORNEYS FEES AND COSTS, IN CONNECTION WITH THE COVERED ITEMS.
9. Your Interactions With Other Members.
A. You are solely responsible for your and your Personnel's interactions with Bid or Quote Requestors and other Members. You agree that vBidLive.com is not obligated to screen (and may not screen) Bid or Quote Requestors, nor does vBidLive.com inquire into the backgrounds of Bid or Quote Requestors; nor does vBidLive.com undertake to verify (unless otherwise expressly stated on the Site) Members statements and documents (e.g., insured or licensed status), and vBidLive.com is not responsible for the User Content on the Site. vBidLive.com makes no representations, warranties or covenants as to: (I) the conduct of Members (and their Personnel), or (II) the number of Request for Bid or Quotes (if any) that each you may be offered via the Site. In no event will vBidLive.com be liable for any damages whatsoever, whether direct, indirect, general, special, compensatory, consequential, and/or incidental (including bodily injury, emotional distress and/or any other damage), arising out of or relating in any way to: (x) the conduct of, or communication with, any Member (including any Bid or Quote Requestor or Supplier or Service Provider Firm), Personnel of such Members, or anyone else, (y) the use of the Site, and (z) Request for Bid or Quotes transmitted by and/or accepted through the Site. B. Your decision to register for a Membership and/or your firm's decision to register Supplier or Suppliers or Service Providers and use the Site is your personal decision for which you alone are responsible. You agree that vBidLive.com does not make representations as to any Bid or Quote Requestor that you may decide to accept a Request for Bid or Quote from. C. You are solely responsible for protecting yourself, your Supplier or Suppliers or Service Providers and your/their personal and financial information and you agree that you are not entrusting that responsibility to vBidLive.com by use of the Membership.
10. Defense And Indemnification.
A. Defense. To the fullest extent permitted by law, you will, at your own expense, defend the vBidLive.com Covered Parties against any allegation (regardless of whether it is false, fraudulent or groundless, whether your obligations are applicable pursuant to the terms of Section 4.B below, or whether it alleges any negligence, willful misconduct or culpability by vBidLive.com or any of the vBidLive.com Covered Parties) in any claim, complaint, demand, investigation, suit, proceeding or cause of action that arises, directly or indirectly, from: (I) any act or omission related to the performance of (or failure to perform) Request for Bid or Quotes, including any actual or alleged defect or improper service by you or any of your Personnel, including Supplier or Suppliers or Service Providers, (II) any breach or default under: (1) any covenant or provision of these Terms, or (2) any law, statute, or state ordinance or any governmental administrative order, rule or regulation, and (III) any claim by your Personnel, including Supplier or Suppliers or Service Providers (collectively, "Claims"). You will use counsel reasonably satisfactory to vBidLive.com in the defense of Claims against vBidLive.com Covered Parties. vBidLive.com may, at its election, take control of defense and investigation of Claims against vBidLive.com Covered Parties, and may employ and engage attorneys of its own choice to manage such Claims, at your cost, risk and expense, provided that vBidLive.com and its counsel will proceed with diligence and good faith with respect thereto. B. Indemnification. To the fullest extent permitted by law, you will, at your own expense, release, indemnify and hold harmless all vBidLive.com Covered Parties from any and all loss, damage, cost, expense, fines, penalty, judgment, and any other liability, including reasonable attorneys' fees and expenses and costs of investigation incurred by any vBidLive.com Covered Parties arising out of any Claim. Your failure to secure and maintain required insurance coverage will not relieve you of your responsibilities under this Section to a vBidLive.com Covered Parties. In the event of a failure by you to fully perform in accordance with this Section 4, vBidLive.com, at its option and without relieving you of your obligations hereunder, may so perform, but all costs and expenses so incurred by vBidLive.com in that event will be reimbursed by you to vBidLive.com, together with interest of the same from the date any such expense was paid by vBidLive.com until reimbursed by you at maximum rate allowed by law. VBIDLIVE.COM WILL HAVE NO RESPONSIBILITY OR LIABILITY FOR ANY LOSS OF OR DAMAGE TO ANY OF YOUR OR YOUR PERSONNEL'S PROPERTY. VBIDLIVE.COM WILL NOT BE RESPONSIBLE OR LIABLE TO YOU OR TO ANYONE CLAIMING BY, THROUGH, OR UNDER YOUR INCLUDING YOUR SHAREHOLDERS, DIRECTORS, OR PERSONNEL FOR ANY LOSS OR DAMAGE THAT MAY BE OCCASIONED BY OR THROUGH THE ACTS OR OMISSIONS OF ANY PERSON (INCLUDING ANY VBIDLIVE.COM PERSONNEL, ANY BID OR QUOTE REQUESTOR OR ITS PERSONNEL, OR ANY PERSON AT A SERVICE LOCATION).
11. Taxes.
You are responsible for assessing for each service you provide and then reporting and paying to the applicable taxing authority any taxes related to such services. The charges in each Request for Bid or Quote will (as between a Bid or Quote Requestor and you), be deemed to include all taxes on such services, and if such amounts are insufficient to pay such taxes, you will reduce the charges you are owed until the total charges (services fees and taxes) equal the Spend Limit. vBidLive.com is not obligated to determine the applicability of any taxes or to remit, collect or report any such applicable taxes. Further, you are responsible for paying all fees associated with using the Services and the Site and all applicable taxes, if any, associated therewith. You also assume full responsibility for all contributions, taxes and assessments on all payrolls, or payments otherwise required under applicable federal, state and local laws (including withholding from wages of your Personnel where required). If you are not required to operate under any applicable unemployment compensation law, but are permitted to do so, you will duly elect to be governed by and operate under such law. You further agree to comply with any other federal or state law or regulation regarding compensation, hours of work, or other conditions of employment including federal or state laws or regulations regarding minimum compensation, overtime and equal opportunities for employment.
12. Term.
A. This Agreement will become effective as described above and will continue until terminated by you or vBidLive.com as provided below or otherwise in the Terms. B. vBidLive.com or you may terminate this Agreement at any time upon notice to the other party (if this Agreement is terminated, so are you and your Personnel's right to use the Site.). vBidLive.com also reserves the right to suspend and/or terminate you and your Personnel's use of the Site and/or Membership at any time, without prior notice. Termination of your Membership by vBidLive.com also terminates this Agreement, without further liability or penalty to vBidLive.com. vBidLive.com reserves the right, at is sole discretion, to terminate all open Request for Bid or Quotes in the event vBidLive.com suspends or terminates you. C. Your liability for Request for Bid or Quotes that have been accepted, survives suspension or termination of these Terms and your right to use the Site. In such event, (I) your Membership will continue for a period necessary to complete any open Request for Bid or Quote(s) (and these Terms shall continue to apply to such Request for Bid or Quotes and your use of the Site, if such use is permitted by vBidLive.com); (II) you will still be obligated to pay charges incurred under your Membership, (III) you will not accept any additional Request for Bid or Quotes and (IV) you will be deemed to have cancelled any open Request for Bid or Quotes unless otherwise directed by vBidLive.com, in its sole discretion not to do so; in which case, you will complete those Request for Bid or Quotes you are directed by vBidLive.com to complete and these Terms shall continue to apply to such Request for Bid or Quotes, your use of the Site.
13. Insurance And Licenses.
A. Insurance. In order to register for a Membership to the Site (and retain such Membership), you are required to maintain insurance in such amounts as required by law and at such levels, if any, as may be required by vBidLive.com from time to time. You represent, warrant and covenant that you have valid insurance in the required amounts and that it will remain valid and enforce throughout your Membership and you will notify vBidLive.com of changes in your insurance. You may have the option to upload your insurance certificates to the Site (which information may, in whole or in part, be viewable by Bid or Quote Requestors). Further, as a condition to using the Site, you will, upon a Bid or Quote Requestor's request, provide a copy of all current insurance certificates or other proof of insurance held by you to each Bid or Quote Requestor whose Request for Bid or Quote you accept. In addition, if insurance you are required to have lapses, you and your Personnel will immediately cease performing Request for Bid or Quotes until such time as your insurance is enforce. vBidLive.com is not responsible for confirm the validity and enforceability of your insurance. Any breach of the foregoing representation, warranty and covenant will constitute a breach of the Terms and vBidLive.com will have the right to immediately terminate your Membership and your and your Personnel's use of the Site. B. Licensing/Permit Requirements. You represent, warrant and covenant that you (and your Personnel) are duly licensed to perform your obligations hereunder where a license is required and will also perform in accordance with established trade practices and all applicable laws, rules, regulations, ordinances and other lawful requirements. You will at your own expense, obtain all applicable licenses and permits which may be required under federal, state or local law, ordinance, rule or regulation by virtue of an act performed by you or your Personnel in connection with Request for Bid or Quotes. Further, as a condition to using the Site, you will, upon request provide a copy of all current licenses held by your and your Personnel to Bid or Quote Requestors from whom you accept a Request for Bid or Quote. In addition, if you or your Personnel learn that you or your Personnel do not have the required licenses or permits, your (and your Personnel) will immediately cease performing the Request for Bid or Quotes until such time as you and your Personnel acquire the necessary licenses and permits.
14. Confidential Information.
A. Definition. "Confidential Information". means any information, whether disclosed in oral, written, visual, electronic or other form, which vBidLive.com discloses or you (or your Personnel) observe in connection with your performance of your obligations under this these Terms. Confidential Information includes, but is not limited to, Bid or Quote Requestor information, work product; vBidLive.com business plans, strategies, forecasts and analyses; vBidLive.com financial information; vBidLive.com employee and vendor information; vBidLive.com software (including all documentation and code); hardware and system designs, architectures and protocols; vBidLive.com product and service specifications; vBidLive.com purchasing, logistics, sales, marketing and other business processes. B. Restrictions. You will restrict disclosure of Confidential Information to your Personnel who have a need to know such information to perform your obligations hereunder and who have first agreed to be bound by the terms of this Section 8. You are liable for any unauthorized disclosure or use of Confidential Information by any of your Personnel. Within ten (10) days after receiving a written request from vBidLive.com, you will destroy in such a manner that it cannot be retrieved, or return (as instructed by vBidLive.com) any materials containing Confidential Information. You will certify to vBidLive.com that you have satisfied your obligations under this Section 8.B. C. Bid or Quote Requestor Information. You will maintain at all times as vBidLive.com's Confidential Information any information regarding Bid or Quote Requestors and their Personnel that you or your Personnel learn in connection with this Agreement and any Request for Bid or Quote ("Bid or Quote Requestor Information") under these Terms. You will maintain Bid or Quote Requestor Information physically separate and distinct from any lists and information you may maintain that are unrelated to this Agreement. You will protect the Bid or Quote Requestor Information from destruction, loss or theft. You and your Personnel will only use Bid or Quote Requestor Information in the completion of Request for Bid or Quotes and will not use Bid or Quote Requestor Information for any other purpose, including any type of marketing or solicitation. Further, you will not use Bid or Quote Requestor Information in any manner inconsistent with vBidLive.com's Privacy Policies. D. Notice. You will notify vBidLive.com promptly upon the discovery of the loss, unauthorized disclosure or unauthorized use of the Confidential Information and will indemnify vBidLive.com and hold vBidLive.com harmless for such loss, unauthorized disclosure or unauthorized use, including attorneys' fees and costs. E. Equitable Rights. In addition to any other rights vBidLive.com may have under these Terms or in law, since unauthorized use or disclosure of the Confidential Information may result in immediate and irreparable injury to vBidLive.com for which monetary damages may not be adequate, in the event you or your Personnel use or disclose or in vBidLive.com sole opinion, you or your Personnel are likely to use or disclose the Confidential Information in breach of your obligations under these Terms, vBidLive.com will be entitled to equitable relief, including temporary and permanent injunctive relief and specific performance. vBidLive.com will also be entitled to the recovery of any pecuniary gain realized by you from the unauthorized use or disclosure of the Confidential Information. F. Audit. You will permit vBidLive.com to audit your compliance with the provisions of this Section 8 at any time during regular business hours. G. Material Breach. A breach of this Section 8 by you or your Personnel will be deemed a material breach of these Terms.
15. Non-Solicitation of Bid or Quote Requestors And Non-Compete.
All Bid or Quote Requestors' names, Bid or Quote Requestor customers names and other leads and prospects (collectively, "Bid or Quote Requestor Leads") resulting from the Membership or use of the Site belong to vBidLive.com and you and your Personnel agree to notify vBidLive.com of all such Bid or Quote Requestors Leads. You and your Personnel will not market, in any fashion, products or services to such Bid or Quote Requestor Leads. Further, you acknowledge and agree that it will be deemed a material breach of this Agreement for you (and your Personnel) to market to (or otherwise solicit) Bid or Quote Requestor Leads to offer to Bid or Quote Requestor Leads any product or service independently of the Site or to otherwise circumvent the Site (and if you or your Personnel do any of the foregoing, then you forfeit all rights to payment under Request for Bid or Quotes, in addition to vBidLive.com's other remedies). In addition, you and your Personnel will not leave with any Bid or Quote Requestor Leads any brochure, coupon, magnet, business card or any other form of advertisement. You agree as a condition to your access to and use of the Site that you and your Personnel will not create a similar website or otherwise create a business model that competes, in any substantial way, with vBidLive.com and the Site during the Term and for a period of three (3) years thereafter.
16. Non-Exclusive Remedies.
In the event you breach the Terms or otherwise fail to perform your responsibilities in regards to a Request for Bid or Quote, then vBidLive.com will have the right, but not the obligation to: A. Remedy such default utilizing such persons or firms and such equipment and materials as may be necessary for that purpose, and you will forthwith pay vBidLive.com all costs it incurs together with interest on the same from the date any such expense was paid by vBidLive.com until reimbursed by you at the maximum rate allowed by law; B. Recover from you the amount of any loss or damage, whether liquidated or unliquidated, suffered or incurred as a result of such default, including reasonable attorneys' fees and costs, penalties, increased costs and loss of profits. vBidLive.com may deduct such amounts from payments otherwise due to you; The foregoing remedies for default will be considered distinct, separate and cumulative and will be in addition to any other right or remedy given elsewhere in these Terms to vBidLive.com or now or hereinafter existing at law or in equity, including any right to the recovery of reasonable attorneys' fees and costs.
17. General.
A. Hold-Backs, Recoupment and Setoff. If you breach these Terms, vBidLive.com will have the right, in its sole discretion, to withhold payment from the date that of the first breach until you provide adequate assurance that you have cured all breaches, as determined by vBidLive.com in its sole discretion. Further, you agree that vBidLive.com's monetary obligations to you, if any, under these Terms will at all times be net of your monetary obligations to vBidLive.com under these Terms. vBidLive.com and you further acknowledge and agree that any payment or advance made by vBidLive.com to you in respect of any Request for Bid or Quote while any of your monetary obligations are outstanding will be deemed to be an overpayment to you to the extent of such outstanding monetary obligation and will be subject to recoupment by vBidLive.com. Without limiting the foregoing, vBidLive.com will have the right, at all times, to deduct any of your monetary obligations from any amounts owed to you by vBidLive.com, and to pay only the net sum due, if any. Any of your monetary obligations that remain outstanding after any exercise by vBidLive.com of its recoupment and/or set-off rights will be paid by you upon demand by vBidLive.com. B. Force Majeure. vBidLive.com will not be liable to any Member for any failure or inability to perform or for delay in performance of vBidLive.com's obligations hereunder if caused by any strike, lockout, labor dispute, inability to obtain labor or material, act of God, governmental restriction, regulation or control, enemy or hostile governmental action, civil commotion, insurrection, sabotage, fire or other casualty or by any event similar to the foregoing beyond the control of such party, however the time to perform such obligation or satisfy such condition will be postponed by the period of time consumed by the delay. If vBidLive.com, as a result of any such event, is unable to exercise any right within any prescribed time limit, then such time limit will be postponed for the period of time consumed by such delay. C. Publicity. You will not use vBidLive.com's name, trademarks, service marks or commercial symbols or logos ("vBidLive.com Marks"), in any manner without vBidLive.com's prior written approval including in any advertising, promotional activities or publicity releases. Further, if it becomes advisable at any time in vBidLive.com, sole discretion for you to modify or discontinue the use of such vBidLive.com Marks, you comply immediately with vBidLive.com's instructions. D. Applicable Law and Disputes and Arbitration. For clarity, we note that the Sections in the Terms of Service entitled Applicable Law and Disputes (including the requirement for Arbitration in the province of Ontario, Canada) also apply to this Agreement. E. No Assignment. You may not assign these Terms or your rights or obligations hereunder without the prior written consent of vBidLive.com. F. Severability. If any provision of these Terms is held to be contrary to any law to which it is subject, such provision will be ineffective to the extent of such prohibition without invalidating the remaining provisions of these Terms. G. Waivers. No waiver of any provision of these Terms or breach thereof will be implied by failure to enforce any rights or remedy herein provided, and no express waiver will affect any provision or breach other than that to which the waiver is applicable and only for that occurrence. H. Communications. Due to the inherent nature of the Internet and electronic communication transactions, you agree that vBidLive.com is not responsible for the accuracy of all transmissions to or from the Site or for any interception by unauthorized third parties of such communications. We may monitor the IP addresses you use to access our Site. I. Other. If it is determined by a court of competent jurisdiction that vBidLive.com is a party to your Request for Bid or Quote with the Bid or Quote Requestor; you agree that such relationship will be that of you acting as an independent contractor of vBidLive.com and (ii) your right to receive payment, or any portion thereof, if any, from vBidLive.com is expressly conditioned upon receipt of the applicable payment by vBidLive.com from the Bid or Quote Requestor who posted the applicable Request for Bid or Quote. You are not authorized to, and you will not enter into any agreement, make purchases or incur any other obligation or expense of any kind in the name of or on behalf of vBidLive.com under any circumstances. J. Cumulative Rights and Remedies. All rights and remedies are cumulative, and the exercise of any right of remedy herein provided will be without prejudice to the right to exercise any other right or remedy provided herein, by law or by equity. K. General. By using vBidLive.com for the Services (including the information processing Services), you agree that vBidLive.com is not acting in an implied fiduciary capacity for you or any Bid or Quote Requestor. L. Notices. You agree that vBidLive.com may send all notices to you and your Personnel in electronic form to the email address you submit during registration and that such notices will have the same affect as written notices personally served on you. Further, you agree on behalf of yourself and your Personnel that vBidLive.com may send you and your Personnel messages to the mobile phone numbers you or they submit through the Site and you acknowledge that you and your Personnel may be charged fees by your/their mobile phone provider (and that such fees are not vBidLive.com's responsibility). M. Construction And Survival. (I) These Terms supersede all prior written and unwritten agreements and understandings (other than the Terms) between the parties with respect to the subject matter described herein. (II) These Terms are binding upon the parties hereto and their respective executors, administrators, heirs, assigns, and successors in interest, and will not be modified except by: (a) written agreement signed by both vBidLive.com and you, or (b) vBidLive.com posting revised Terms on the Site (which revised Terms will be binding on you and your Personnel who continue to use the Site or fulfill Request for Bid or Quotes. In these Terms, the term "include" and its derivatives ("including," "e.g." and others) mean "including but not limited to." (III) Any provisions of these Terms that would, by their nature, survive the termination or expiration of this Agreement will so survive, including Section 4 (Payment and Disputes) of this Agreement. N. Entire Agreement. This Agreement together with the other Terms constitutes the entire agreement between vBidLive.com and you with respect to the subject matter herein. No representative of either party has or will have authority to make any oral modification to these Terms. O. Third Party Beneficiaries. There are no third party beneficiaries to these Terms and your Personnel (including Provider Agents) will have no rights hereunder independent of your rights. You may enforce these Terms only on behalf of yourself. P. U.S. Dollars All fees are quoted in U.S. Dollars.
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