Terms of Service

END USER LICENCE AND SERVICE AGREEMENT

WARNING: THE CURRENCY CONVERSION APPLICATION (LICENSED SOFTWARE) AND ASSOCIATED DOCUMENTATION (TOGETHER REFERRED TO AS THE LICENSED MATERIALS) AVAILABLE ON OR THROUGH THIS SITE ARE COPYRIGHT AND SUBJECT TO THIRD PARTY INTELLECTUAL PROPERTY AND OWNERSHIP RIGHTS OF DYNAMIC CONVERTER ABN 89 947 183 364 (THE OWNER). THEY ARE LICENSED (NOT SOLD). PERMISSION TO USE THE LICENSED MATERIALS IS CONDITIONAL UPON THE CUSTOMER, (OR THE CUSTOMER'S AGENT) AGREEING TO THE LICENCE TERMS SET OUT BELOW. DO NOT PROCEED UNTIL YOU HAVE READ AND ACCEPTED ALL THE TERMS AND WISH TO BECOME THE LICENSEE OF THE LICENSED MATERIALS (OR IF ACTING IN THE CAPACITY AS THE CUSTOMER'S AGENT, WISH FOR THE CUSTOMER TO BECOME THE LICENSEE OF THE LICENSED MATERIALS). ACCEPTANCE BY SELECTING THE "I AGREE" CHECK BOX WILL BIND THE CUSTOMER (AND ITS OFFICERS, DIRECTORS, EMPLOYEES AND CONTRACTORS) TO THE TERMS OF THIS LICENCE. THE LICENCE WILL BE BETWEEN THE CUSTOMER AND "THE SITE OPERATOR" DYNAMIC CONVERTER [A.B.N 89 947 183 364] ("THE LICENSOR"). IF YOU DO NOT WISH TO ACCEPT THESE TERMS ANY ONLINE TRANSACTION FOR THE LICENSED MATERIALS WILL CEASE AND YOU WILL NOT BE PERMITTED TO USE THE LICENSED MATERIALS.

REGISTRATION

The Customer agrees that the associated Registration Order Form including details as inserted by the Customer or the Customer's Agent on the Registration Order Form shall be construed as forming part of this agreement.

The Customer acknowledges that it has registered for the Licensed Software by means of a subscription through the Offering Site.

SUBSCRIPTION LICENCE

In consideration of either:

the Customer paying the Subscription Fee to the Licensor for each Subscription Period;

or

if offered by the Licensor to the Customer, the Customer displaying the Advertising Material on the Designated Web Pages AND the Customer agreeing to receive the Licensor's Newsletter Service throughout the duration of the Subscription Period.

the Licensor grants to the Customer a non-exclusive non-transferable worldwide subscription licence to use the Licensed Software on the Nominated Site in accordance with the terms of this agreement.

The Customer may change to the alternate means of consideration outlined in clause 2.1.1 or 2.1.2 at any time by written notice to the Licensor.

The licence granted under this clause commences upon the time of receipt of the Registration Order Form by the Licensor and is granted for the Subscription Period and all renewals of that period subject to the terms and conditions of this agreement.

RENEWAL OF SUBSCRIPTION

At the end of the each Subscription Period this agreement shall automatically renew for successive Subscription Periods unless either party terminates the agreement in accordance with clause 25.

Unless this agreement is terminated in accordance with clause 4.1, the Customer will be deemed to have agreed to continue the subscription for the Licensed Software and Services for a further Subscription Period.

In the event that the Customer has elected the consideration method outlined in clause 2.1.1, the Customer must pay the Subscription Fee for each further period to the Licensor in accordance with the requirements and payment terms as notified by the Licensor to the Customer.

CUSTOMER OBLIGATIONS

The Customer agrees to:

use the Licensed Materials strictly in accordance with these terms;

not copy or permit any act which infringes the copyright or other intellectual property rights in the Licensed Materials;

not remove alter or modify any copyright and other notices of the Licensor or Owner on the Licensed Materials and at all times to ensure that such copyright and other notices are maintained without modification, erasure and degradation on the Licensed Materials;

be responsible for performing all virus or other data corruption checks on the delivered and installed Licensed Software application;

ensure the Customer's officers, directors, employees and contractors who have authorised access to the Licensed Materials are made aware of and agree to these terms;

be liable for the acts and omissions of the Customer's officers, directors, employees, contractors (including Installers) and users under this agreement as if they were parties to this agreement; and

comply with the Licensor and Owner Requirements in accordance with the reasonable time frames as notified by the Licensor or Owner.

The Licensed Software may only be used pursuant to this agreement:

by the Customer; and

in accordance with the normal operating procedures as notified in the Documentation.

The Licensed Software may not be used on equipment other than Designated Equipment save that at the sole risk of the Customer it may be used on alternative equipment if:

the Designated Equipment is temporarily inoperable due to malfunction, maintenance or change of installation site; or

the Licensor has otherwise given its consent in writing to such alternate use.

DOCUMENTATION

The Licensor shall provide the Customer with the Documentation.

The Customer acknowledges that the Documentation contains sufficient information for the adequate use of the Licensed Software, except to the extent the Licensor has notified the Customer of any omission or deficiency or any variation which it considers necessary for the proper use of the Licensed Software.

The Customer shall not copy or reproduce the Documentation.

SECURITY

The Customer shall be solely responsible for the use, supervision, management and control of the Licensed Materials.

The Customer shall ensure that the Licensed Materials are protected at all times from unauthorised access, misuse, damage, destruction or any form of unauthorised use.

The Customer shall keep such records as requested by the Licensor in relation to the use of and subscription to the Licensed Materials. The Customer shall permit the Licensor to inspect such records at any time during the Customer's normal business hours. If the Licensor requests, the Customer shall furnish to the Licensor a copy of all or any part of such records and the Licensor shall be permitted to provide copies of those records to the Owner.

UPDATES AND NEW RELEASES

The Licensor is under no obligation under this Agreement to provide updates or new releases for the Licensed Software however where a new release or update ("New Release") is provided to the Customer:

the Licensor will deliver the New Release at no additional charge to the Customer;

the Customer must:

accept and install the New Release at its own cost;

unless otherwise advised by the Licensor, immediately discontinue the use, supply and delivery of the former version of the Licensed Software.

Without limiting the Customer's obligations under this clause, and notwithstanding any other provision of this agreement, the Licensor and Owner shall be under no liability to the Customer in the event of loss or damage suffered by the Customer as a result of its failure to comply with this clause, and the Customer shall indemnify the Licensor and Owner in respect of any loss or damage suffered by the Licensor or Owner as a result of the Customer's failure to comply with the obligations under this clause.

This agreement will continue to apply in all respects to the New Release.

SERVICES

The Owner and Licensor will provide the respective Services to the Customer in such manner as they deem appropriate.

The Customer acknowledges that the Owner and Licensor have no obligation to provide to the Customer that part of the Services comprising user support, technical support, maintenance services, modifications, training, installation or removal services associated with the Licensed Software.

The Parties acknowledge and agree that the Services provided by the Owner and/or the Licensor:

may be suspended, interrupted or discontinued for a period in the event of scheduled or unscheduled system downtime for maintenance and upgrades or otherwise in the event of any failures where those failures have occurred as a result of third party dependencies and are beyond the control of the Owner and/or Licensor;

may be suspended or terminated at the discretion of the Owner and/or Licensor in the event of the provision of:

any false or misleading information to the Owner or Licensor by the Customer or the Customer's officers, directors, employees, contractors and users;

any unauthorised access, activity, tampering or modification of the Owner's or Licensor's databases and websites by the Customer or the Customer's officers, directors, employees, contractors and users; and

any failure of the Customer or the Customer's officers, directors, employees, contractors and users to comply with any of the Owner's website or the Offering Site' terms of use and policies;

Where the Customer requests the provision of certain services which are not within the scope of the Services provided by the Owner or Licensor, the Owner or Licensor may provide those services and charge an Additional Charge to the Customer. The Customer must pay to the Owner or Licensor, the Additional Charges at the times and in such manner as directed by the Owner or Licensor.

SUBSCRIPTION FEES

The Customer must pay to the Licensor the Subscription Fee for the relevant Subscription Period at the times and in such manner as directed by the Licensor.

The amount of the Subscription Fee is determined according to the Licensor's schedule of fees and charges from time to time. The Licensor may vary its schedule of fees and charges at any time without prior notice to the Customer.

Unless otherwise agreed by the parties, the Subscription Fee will be non-refundable, regardless of whether the Customer ceases to use the Licensed Software; terminates or purports to terminate this agreement; is unable to install or have the Licensed Software installed on the Nominated Site; is dissatisfied with the Licensed Software; has/uses computer systems, software, operating systems and/or browsers that are incompatible with the Licensed Software; and/or ceases the operation, transfers, licences or in some other way disposes of the part or full ownership and/or management of the Nominated Site.

INSTALLATION

The Subscription Fee does not include fees for the installation of the Licensed Software on the Nominated Site.

The Customer is responsible for the installation of the Licensed Software on the Nominated Site and all matters relating thereto including the payment of any costs for such installation.

The Customer may engage the Installer to install the Licensed Software on the Nominated Site and in those circumstances, the Customer is solely responsible for any payment required by the Installer for the installation of the Licensed Software.

MODIFICATIONS

The parties acknowledge that the Licensed Software may be modified by the Customer and/or Installer to the reasonable extent required to make the Licensed Software compatible with the Nominated Site and/or operate in the Customer's reasonable Nominated Site preferred layout, format and/or appearance (and within the limits of the Licensed Software specifications) provided always that the Owner or Licensor may at any time, for any reason and at the Customer's expense, require the removal, change, or further modification of such modifications made by the Customer and/or Installer.

If the Licensed Software is so modified by the Customer:

any costs associated with the modifications, adaptations or alterations or the costs arising out of the investigation by the Licensor or Owner of the effects of such modifications, adaptations or alterations will be borne solely by the Customer; and

the Customer will fully indemnify the Owner and Licensor against all liability which may be incurred by the Owner and/or Licensor if such modifications infringe any intellectual property rights of a third person or otherwise cause the Licensor and/or Owner to suffer loss, damages or expense.

The intellectual property rights in any modifications made by the Customer or Installer to the Licensed Software shall be assigned to the Owner upon their creation without the need for further assurance provided such modifications do not infringe the intellectual property rights of any other person. The Customer agrees to procure the execution of all necessary documentation from any of its officers, directors, employees and contractors to effect the assignment under this clause.

Subject to clause 12.3, this agreement will continue to apply to the Licensed Software as modified, adapted or altered.

THIRD PARTY USE

The Customer must not provide the Licenced Materials or Services, the Currency Exchange Rates or any information generated from the use of or associated with the Licensed Material to any third party, whether through a sub-domain web page, sub-licence, sale, through the Customer's acquiescence or any other means without the express written consent of the Licensor.

Unless otherwise agreed by the Parties, an additional Subscription Fee will be payable for each sub-domain located on the Nominated Site which uses the Licensed Software. The Customer will be solely responsible for the payment of any such additional Subscription Fee.

OWNERSHIP

The parties acknowledge that at all times, that the Owner retains all rights, title, ownership, interest and intellectual property rights in the Licensed Materials including the processes, script, code, technology associated with the Licensed Software and subject to this agreement, any modifications of Licensed Software howsoever developed or devised.

Subject to the terms of this agreement, the Customer shall not modify, adapt, decompile, disassemble, reserve-engineer, copy, transmit, communicate, create derivative works, sub-licence, transfer, download, install or commercialize the Licensed Materials or authorize or permit any other person (either directly or indirectly) to do so.

For the avoidance of any doubt, the licence granted under this agreement authorizes the Customer to install the Licensed Software in the form provided on one website only being the Nominated Site for use only on that Nominated Site. The Customer shall not cause, allow or permit (either directly or indirectly):

any link to or from any part of the Nominated Site containing the Licensed Software application or functionality;

framing of any part of the user interface of the Nominated Site on which Licensed Software is displayed or through which Licensed Software functionality is available;

any bureau or application service facilities to be provided on or through the Nominated Site or any other site in relation to the Licensed Software.

THIRD PARTY INTELLECTUAL PROPERTY CLAIMS

In the event that proceedings are brought or threatened by a third party against the Customer alleging that the Customer's use of the Licensed Materials constitutes an infringement of a third party's intellectual property rights, the Licensor may at its option and at its own expense conduct the defence of such proceedings. The Customer shall provide all necessary co-operation, information and assistance to the Licensor in the conduct of the defence of such proceedings.

REPRESENTATIONS AND WARRANTIES

Each Party represents and warrants to each other Party as at the date of this agreement and at all times after the date of this agreement, that:

it has full power and authority to enter into, perform and observe its obligations under this agreement;

it has taken all necessary action to authorise the execution, delivery and performance of this agreement in accordance with its terms;

the execution, delivery and performance by it of this agreement does not and will not violate:

any law, regulation, authorisation, ruling, consent, judgment, order or decree of any governmental agency;

its constitution or other constituent documents; or

any encumbrance, undertaking or document which is binding upon it or on any of its assets; and

this agreement constitutes its legal, valid and binding obligations and is enforceable in accordance with its terms subject to any necessary stamping and registration requirements and to equitable principles and laws generally affecting creditors' rights.

In addition to the representations and warranties set out in clause 16.1, the Customer represents and warrants to the Licensor as at the date of this agreement and at all times during the term that:

there are no actions, claims, proceedings or investigations pending or threatened against it or by it which may materially adversely affect the performance of its obligations under this agreement;

the Customer's Agent has authority to contract and bind the Customer to these terms;

all details provided in the Registration Order Form are true and correct.

In addition to the representations and warranties set out in clause 16.1, the Licensor warrants that to the best of its knowledge and belief:

it has the right to grant the licences referred to in this agreement; and

knows of no third party rights to the Licensed Materials except as otherwise provided in this agreement.

IMPLIED WARRANTIES AND EXCLUSIONS

The provisions of the Trade Practices Act 1974 (as amended) and other laws from time to time in force in Australia may imply warranties or conditions or impose obligations upon the Licensed Materials which cannot be excluded, restricted or modified. Nothing in this agreement shall be deemed to exclude or seek to exclude any such conditions warranties or obligations and this agreement must be read and construed subject to any such provisions.

Liability for breach of a warranty by the Licensor in relation to the Licensed Materials shall be limited at the election of the Licensor to:

the replacement of the Licensed Materials; or

the repair of defects associated with the Licensed Materials.

Liability for breach of a warranty by the Licensor in relation to the Services shall be limited at the election of the Licensor to:

the re-supply of those Services by the Licensor; or

the payment of the cost of having those Services supplied again.

Other than the express and implied statutory warranties by the Licensor as referred to in this agreement, all other warranties express or implied in relation to the Licensed Materials and Services are excluded.

WARRANTY EXCLUSIONS AND ACKNOWLEDGEMENTS

The Customer acknowledges that the Licensor and Owner makes no warranty or representation whatsoever as to:

the compliance of the Licensed Materials and Services with any particular industry standards or statutory, regulatory or other requirements either in Australia or overseas;

the profits or revenues that may result from the use of the Licensed Software;

the availability, operability and performance of the Licensed Software with any other software, system, browser or equipment of the Customer;

the accuracy, currency and completeness of the Licensed Materials;

the accuracy, currency and calculation of the Currency Conversion Rates provided to the Customer and displayed on the Nominated Site as being the actual currency conversion rates for any transaction between the Customer and their users as the currency conversion rates may be determined by a Customer's merchant facility providers or in accordance with other online payment service provider conversion rates accepted or applied by the Customer, their users and their respective financial providers;

the uninterrupted availability of the Services where those Services are dependant on third party services and third party service providers or are otherwise beyond the control of the Licensor and Owner;

that the Licensed Materials, Services and media on which they may be contained will be provided free of errors, defects or viruses.

The Customer acknowledges that the Currency Conversion Rates provided to the Customer and displayed on the Nominated Site by the application of the Licensed Software:

are for information purposes only and should not be relied upon as actual conversion rates that may be applied to a user purchase transaction;

will be indicative only of approximate currency conversion rates that may be applied for a user purchase transaction;

will fluctuate and vary frequently;

will vary between different financial providers;

may be sourced from the one or more financial providers;

will not be provided in real time to the Customer to allow the continuous display of fluctuations in currency conversion rates.

The Customer agrees to post appropriate disclaimers and notices on the Nominated Site incorporating the information in this clause 18 or as otherwise directed by the Licensor.

INDEMNITIES

The Customer acknowledges that it shall be solely responsible for all loss or damage directly or indirectly incurred including loss or damage arising out of the acts or omissions of the Customer and its respective officers, directors, employees, agents and contractors and indemnifies the Licensor and Owner, their respective officers, directors and employees from all loss and damage (including consequential loss and damage) arising as a result of or in connection with:

any breach of this agreement by the Customer;

any wilful, unlawful or negligent act or omission of the Customer, its officers, directors, employees, agents, contractors and users associated with this agreement;

access to, installation or the use of the Licensed Materials by the Customer, its officers, directors, employees, agents, contractors and users;

access to, installation or the use of the Licensed Materials by any third party in relation to the supply or use of Licensed Materials through the Customer;

infringement of the intellectual property rights of any third party as a result of the use of the Licensed Materials by the Customer, its officers, directors, employees, agents, contractors and users;

reliance on the accuracy, currency, suitability for use or intended use of the Currency Conversion Rates by any person for any particular purpose other than as referred to in this agreement;

the use or intended use of the Licensed Materials for any particular purpose other than as referred to in this agreement;

use of the Licensed Software in combination by any means and in any form with any other software, systems, browsers and equipment;

modification or alteration of the Licensed Materials by the Customer;

any transaction entered into by the Customer and its users relating to or associated with the use of the Licensed Software; and

any other event or circumstance referred to in clause 18.

CONFIDENTIALITY

Each Party (the Disclosing Party) agrees to provide their Confidential Information to the other Party (the Receiving Party) as is necessary for the performance of the obligations and duties under this agreement.

The Receiving Party shall hold in strict confidence all Confidential Information of the Disclosing Party and shall not directly or indirectly disclose all or any part of that Confidential Information in any manner whatsoever, in whole or in part to a third party except in accordance with the provisions of this agreement or in any other case with the prior written consent of the Disclosing Party.

The Receiving Party will keep any Confidential Information disclosed to it secure, in safe custody and confidential in accordance with the terms of this agreement and without limitation shall:

establish and maintain effective security measures to safeguard such Confidential Information from unauthorised access or use;

keep such Confidential Information under its control;

immediately notify the Disclosing Party of any suspected or actual unauthorised use, copying or disclosure of the Confidential Information of which it is aware; and

provide such assistance as is reasonably requested by the Disclosing Party in relation to any proceedings that the Disclosing Party may take against any person for unauthorised use, copying or disclosure of the Confidential Information.

CONFIDENTIALITY EXEMPTIONS

Clause 20 does not apply to Confidential Information:

in the public domain at the time it is provided to or obtained by the Receiving Party;

which after it is provided to or obtained by the Receiving Party becomes a part of the public domain other than through a breach by the Receiving Party of this agreement;

becomes available to the Receiving Party on a non-confidential basis from a source other than the Disclosing Party who has represented to the Receiving Party that it is entitled to disclose such information;

which, subject to clause 23, the Receiving Party is required to disclose at law; or

which the Licensor as Receiving Party is contractually bound to disclose to the Owner.

The Receiving Party may disclose Confidential Information only to such of its directors, officers and employees and professional advisers who, having regard to the performance of specific duties associated with the performance of this agreement:

have a need to know (and only to the extent that each has a need to know) in order to perform their duties on behalf of the Receiving Party; and

have executed an agreement with the Receiving Party substantially in accordance with the confidentiality terms and conditions specified in this agreement prior to the disclosure.

USE OF CONFIDENTIAL INFORMATION

The Receiving Party agrees it shall use the Confidential Information solely for the purposes of and in connection with the performance of the obligations and duties under this agreement and any agreement between the Licensor and Owner.

Without limiting clause 22.1 and subject to the terms of this agreement, the Receiving Party agrees that it shall not:

exploit the Confidential Information of the Disclosing Party;

use the Confidential Information for the Receiving Party's own business purposes without authorisation from the Disclosing Party;

use the Confidential Information or any part of it to the competitive disadvantage of the Disclosing Party;

subject to the terms of this agreement, make copies in any format of the Confidential Information without the express authorisation of the Disclosing Party;

allow a third party (other than the Owner where the Licensor is the Receiving Party) to utilise or have access to the Confidential Information; and

without limiting 22.2.1 to 22.2.5 above, make any use, directly or indirectly, of the Confidential Information in a manner inconsistent with this agreement or without the express written instructions of the Disclosing Party.

DISCLOSURE AT LAW

Where the Receiving Party becomes legally compelled (by oral questions, request for information or documents, subpoena, civil investigative demand or similar process) to disclose any of the Confidential Information of the Disclosing Party, the Receiving Party will provide the Disclosing Party with prompt written notice so that the Disclosing Party may seek a protective order or other appropriate remedy and/or waive compliance with the provisions of this agreement.

Where a protective order or other remedy is not obtained, or where the Disclosing Party waives compliance with the provisions of this Agreement, the Receiving Party will furnish only that portion of the Confidential Information which it is legally required to provide and will exercise its reasonable best efforts to obtain reliable assurance that confidential treatment will be accorded to that Confidential Information which it is legally compelled to disclose.

ACKNOWLEDGEMENTS

The Receiving Party acknowledges that:

the value of the Confidential Information is such that any award of damages or account of profits may inadequately compensate the Disclosing Party in the event of a breach of this agreement by the Receiving Party;

without in any way compromising the Disclosing Party's right to seek damages or any other form of relief in the event of a breach of this agreement, the Disclosing Party may seek and obtain an ex parte interlocutory or final injunction to prohibit or restrain Receiving Party from any breach or threatened breach of this agreement.

The Receiving Party acknowledges and agrees that if any Confidential Information is used or disclosed by any director, officer, employee or professional adviser of the Receiving Party not in accordance with the terms of this agreement or pursuant to and in accordance with an agreement on similar terms required to be executed by such persons, then such use or disclosure shall be deemed to be disclosure by the Receiving Party and shall be a breach of this agreement.

TERMINATION

This agreement may be terminated on 30 days written notice from one Party to the other Party.

The Licensor may during the term and at its sole discretion terminate this agreement immediately if at any time:

the Customer is required to display Advertising Material in accordance with clause 2.1.2 and the customer removes, alters or otherwise refuses, prevents or is unable to display the Advertising Material on the Designated Web Pages;

the Customer is required to agree to receive the Licensor's Newsletter Service in accordance with clause 2.1.2 and the Customer unsubscribes, fails to provide a valid e-mail address or otherwise refuses or prevents the acceptance of the Licensor's Newsletter Service at any time during the Subscription Period;

the Customer breaches any clause of this agreement which is capable of remedy and where such breach is not remedied within seven (14) days of receipt by the Customer of written notice by the Licensor specifying the details of the breach and requiring it to be remedied;

the Customer becomes, threatens or resolves to become subject to any form of insolvency administration; or

the Customer ceases or threatens to cease conducting its business in the normal manner.

The expiry or termination of this agreement does not affect:

either Party's rights in respect of any breach of this agreement occurring before expiry or termination; or

the obligations of the Parties to make a payment under this agreement which was due before expiry or termination.

TERMINATION CONSEQUENCES

Upon termination of this agreement the Customer must on and from the termination date:

immediately cease to use the Licensed Materials;

immediately cease to use the Confidential Information;

within three business days of termination, return to the Licensor all copies of the Licensed Materials and Confidential Information at the Customer's expense and in the manner directed by the Licensor;

within three business days of termination, delete, remove and destroy all electronic copies of the Licensed Materials and Confidential Information (including all media on which it is contained) at the Customer's expense in the manner directed by and to the satisfaction of the Licensor. The Customer will, where requested by the Licensor provide evidence of all action taken to comply with this provision; and

do all other things necessary and reasonably required by the Licensor under this agreement.

Where this agreement is terminated pursuant to clause 25.2, the Licensor may:

retain any moneys paid;

charge a reasonable sum for Services performed in respect of which Services no sum has been previously charged; and

be regarded as discharged from any further obligations under this Agreement.

DUTIES AND OTHER TAXES

The Customer shall be responsible for the payment of all taxes, duties and charges in respect of:

this agreement; and

the distribution, sale or use of the Licensed Materials either in Australia or overseas.

COMPLIANCE AND COSTS

The Customer shall at its own cost, comply with all applicable laws, orders, regulations and directions of any governmental authority or other regulatory body having jurisdiction over this agreement and the Licensed Materials.

SURVIVAL

Clauses 4.1, 7.2, 11.2, 19, 21, 24, 25 and 28 shall survive termination of this agreement.

ASSIGNMENT, NOVATION AND SUB-LICENSING

The Customer shall not transfer, assign or novate this agreement or any interest in this agreement and shall not grant or authorise any licenses under this agreement (other than the grant of sub-licences permitted) without the prior consent in writing of the Licensor.

RELATIONSHIP OF PARTIES

This Agreement does not constitute the Customer an employee, agent or partner of the Licensor for any purpose whatsoever. The Customer is not granted any right or authority to assume or to create any obligation or responsibility (express or implied) on behalf or in the name of the Licensor or to bind the Licensor in any manner or thing whatsoever.

AUTHORISED AGENT

If the Registration Order Form was completed by the Customer's Agent, the Installer or a third party on behalf of the Customer, then:

The party who registered by completing the Registration Order Form will be deemed to be the authorized agent of the Customer and the Customer will be deemed to have provided that third party with authorisation (whether express or implied authorisation) to register on the Customer's behalf; and

The Customer will be deemed to be bound by the terms of this agreement as if the Customer had registered itself and deemed to have agreed to these terms and responsible for fulfilling all of its duties under this agreement.

ENTIRE AGREEMENT

This agreement constitutes the entire agreement between the parties and supersedes all prior representations, agreements, statements and understandings, whether verbal or in writing.

The Customer warrants that it has not relied on any representation made by the Licensor which has not been stated expressly in this agreement.

WAIVER

Any failure by the Licensor to enforce any clause of this agreement, or any forbearance, delay or indulgence granted by the Licensor to the Customer, will not be construed as a waiver of the Licensor's rights under this agreement and will not prejudice its rights in respect of any subsequent breach of the agreement by the Customer.

JURISDICTION

This agreement shall be governed by and interpreted in accordance with the laws of the State of Queensland, Australia.

SEVERANCE

If any provision of this agreement is for any reason invalid, illegal or unenforceable, that provision must be severed from the remainder of this agreement. The remainder of this agreement remains in full force and effect unless the basic purposes of this agreement would be defeated.

DEFINITIONS

The terms listed below shall have the following meanings in this agreement:

means a charge in accordance with the Licensor or Owner's respective standard rates in effect from time to time;

means an internet advertising banner or similar display of advertising material (which may include a hyperlink to a third party web site) which may feature advertising promoting the Licensor or any other third party advertising as chosen by the Licensor;

means a day other than a Saturday, Sunday or public holiday in Brisbane

means the confidential information of a Party which relates to the subject matter of this Agreement and shall include:

the discussions of the parties pursuant to this agreement;

the code, design, specification and content of the Licensed Software;

the policies or business strategies of either Party;

the financial information and records of either Party;

Currency Conversion Rates supplied by the Owner;

Registration Order Form details as received by the Licensor;

sales, activity and transaction reports of either Party;

User data and any other website data of the either Party associated with this agreement;

User identification and passwords for persons associated with the use of the Licensed Software;

information which is by its nature confidential;

information designated in writing as confidential by either Party from time to time during the term of this agreement;

information acquired by either Party in the course of negotiations between the Parties;

trade secrets of a Party;

information imparted in confidence to the one Party to the other Party;

any other information classifiable in equity as confidential information; and

includes all forms of representation or disclosure of the information whether reduced to material form or not and all forms of storage or representation of the information referred to in sub-clauses (a) to (p) including, but not limited to, loose notes, diaries, memoranda, drawings, photographs, electronic storage and computer printouts;

means international currency rates data obtained from any source and made available by the Owner for use with the Licensed Software;

means the person named in the Registration Order Form as such;

means any party that is authorised (express or implied authorisation), do to any act(s) or omission(s) on behalf of the Customer;

means a single web-site server on which the Nominated Site is hosted;

means each and every web page in the Customer's web site upon which the Licensed Software is installed;

means operating manuals and other materials whether in electronic or printed form or other media, including users' manuals which are designed to assist or supplement the understanding or application of the Licensed Software;

means the person or entity nominated by the Customer that will/has installed the Licensed Software on the Nominated Site at any time before, during or after the Subscription Period and if applicable as nominated in the Registration Order Form.

means the Licensed Software and Documentation.

means the script and any enhancement, modification, update or new release of that code or part thereof capable of performing web-based currency conversions and displaying currency conversion details on the Nominated Site;

means the respective requirements of the Licensor and Owner in relation to the undertaking and completion of online registration procedures, the application for and grant of user identifications and passwords and the compliance with administrative and other procedures and requirements notified to the Customer and associated with the use of the Licensed Software. In the event of any conflict between the respective requirements of the Licensor and Owner, the requirements of the Owner shall prevail and shall be deemed to be the only requirements notified in this respect to the Customer;

means any e-mail newsletter service(s) distributed by the Licensor from time to time;

means the Customer's website as nominated in the Registration Order Form submitted to the Licensor or as otherwise notified to the Licensor.

means the website of the Licensor on which the Registration Order Form is located and the Licensed Materials are available for subscription.

means either the Licensor or the Customer or both as the context dictates;

means the online registration form for the placing of an order to obtain a licence for the Licensed Materials and the provision of the Services.

means the respective services that may be provided by either the Licensor or Owner in relation to the Licensed Software. In respect of the services provided by the Owner, these shall include:

the provision of Currency Conversion Rates feeds by the Owner to the Customer at the frequency and in the manner determined by the Owner; and

other back-end services conducted by the Owner and associated with the use of the Licensed Software by the Customer.

means the fee payable for the use of the Licensed Materials for any relevant Subscription Period.

means a period of a certain duration as either nominated in the Registration Order Form or as otherwise applies as a standard period determined by the Licensor.

I ACKNOWLEDGE THAT I HAVE READ THESE TERMS AND CONDITIONS, UNDERSTAND THEM AND AGREE TO BE BOUND BY THEM.

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