Electronic NASDAQ
Nonprofessional Subscriber Agreement
Subscribers to the Information must sign the NASDAQ OMX Group, Inc. ("NASDAQ OMX") Subscriber Agreement
("Agreement") or its equivalent in order to receive the Information. By evidencing your assent below, you ("Subscriber") agree
to comply with the terms and conditions contained herein as a Non-Professional Subscriber.
1. Use of Data. Subscriber may not sell, lease, furnish or otherwise permit or provide access to the Information to any other
Person or to any other office or place. Subscriber will not engage in the operation of any illegal business use or permit
anyone else to use the Information, or any part thereof, for any illegal purpose or violate any NASDAQ OMX or Securities and
Exchange Commission (“SEC”) Rule or any Financial Services Authority Rule (“FSA”) or other applicable law, rule or regulation.
Subscriber may not present the Information rendered in any unfair, misleading or discriminatory format. Subscriber shall
take reasonable security precautions to prevent unauthorized Persons from gaining access to the Information.
2. Nonprofessional or Private Subscriber. Subscriber acknowledges the Information is licensed and agrees to only use the
Information for personal use. By representing to Distributor that Subscriber is a Non-Professional or Private Subscriber, or
by continuing to receive the Information at a Non-Professional or Private Subscriber rate, Subscriber is affirming to
Distributor and to NASDAQ OMX that Subscriber meets the definition of Non-Professional or Business Subscriber as set forth
below, and agrees to comply promptly with any reasonable request from NASDAQ OMX for information regarding the Non-
Professional Subscriber’s receipt, processing, display and redistribution of the Information.
A Non-Professional Subscriber means any natural person who receives market data solely for his/her personal, non-
business use and who is not:
a) registered or qualified in any capacity with the SEC, the Commodities Futures Trading Commission, any state securities
agency, any securities exchange or association or any commodities or futures contract market or association;
b) engaged as an "investment adviser" as that term is defined in Section 202(a) (11) of the Investment Advisers Act of 1940
(whether or not registered or qualified under that Act); or
c) employed by a bank or other organization exempt from registration under federal or state securities laws to perform
functions that would require registration or qualification if such functions were performed for an organization not so
exempt.
3. Proprietary Data. NASDAQ OMX grants to Subscriber a nonexclusive, non-transferable license during the term of the
Agreement to receive and use the Information transmitted to it by Distributor and thereafter, to use such Information as
permitted under the terms of this Agreement and/or the NASDAQ OMX Requirements. Subscriber acknowledges and agrees
that NASDAQ OMX has proprietary rights to the Information that originates on or derives from markets regulated or
operated by NASDAQ OMX, and compilation or other rights to Information gathered from other sources. Subscriber further
acknowledges and agrees that NASDAQ OMX 's third-party information providers have exclusive proprietary rights to their
respective Information. In the event of any misappropriation or misuse by Subscriber or anyone who accesses the
Information through Subscriber, NASDAQ OMX or its third-party information providers shall have the right to obtain
injunctive relief for its respective materials. Subscriber will attribute source as appropriate under all the circumstances.
4. Payment. Subscriber shall assume full and complete responsibility for the payment of any taxes, charges or assessments
imposed on Subscriber or NASDAQ OMX (except for federal, state or local income taxes, if any, imposed on NASDAQ OMX) by
any foreign or domestic national, state, provincial or local governmental bodies, or subdivisions thereof, and any penalties or
interest relating to the provision of the Information to Subscriber. Interest shall be due from the date of the invoice to the
time that the amount(s) that are due have been paid. To the extent permitted by applicable law, Subscriber acknowledges
and agrees that the termination of the Distributor's Service for failure to make payments shall not be considered an
improper limitation of access by NASDAQ OMX.
5. System. Subscriber acknowledges that NASDAQ OMX, in its sole discretion, may from time-to-time make modifications to
its system or the Information. Such modifications may require corresponding changes to be made in Distributor's Service.
Changes or the failure to make timely changes by Distributor or Subscriber may sever or affect Subscriber's access to or use
of the Information. NASDAQ OMX shall not be responsible for such effects. NASDAQ OMX does not endorse or approve any
equipment, Distributor or Distributor's Service.
6. Exclusive Remedy. NASDAQ OMX shall endeavor to offer the Information as promptly and accurately as is reasonably
practicable. In the event that the Information is not available as a result of failure by NASDAQ OMX to perform its obligations
under this Agreement, NASDAQ OMX will endeavor to correct any such failure. If the Information is not available, is delayed,
is interrupted, is incomplete, is not accurate or is otherwise materially affected for a continuous period of four (4) hours or
more during the time that NASDAQ OMX regularly transmits the Information due to the fault of NASDAQ OMX (except for a
reason permitted in this Agreement or in NASDAQ OMX’s agreement with the Distributor), Subscriber’s or any other Person’s
exclusive remedy against NASDAQ OMX shall be:
a) If Subscriber or any other Person continues to receive the Information or any other data and/or information offered by
NASDAQ OMX, a prorated month’s credit of any monies due, if any, for the affected Information directly to NASDAQ
OMX from Subscriber or, if applicable, from said other Person, for the period at issue; or
b) If Subscriber or any other Person no longer receives either the Information or any other data and/or information
offered by NASDAQ OMX, a prorated month’s refund of any monies due for the affected Information directly to
NASDAQ OMX from Subscriber or, if applicable, from said other Person, for the period at issue.
Such credit or refund shall, if applicable, be requested in writing to NASDAQ OMX with all pertinent details. Beyond the
warranties stated in this section, there are no other warranties of any kind - express, implied, statutory (including without
limitation, timeliness, truthfulness, sequence, completeness, accuracy, freedom from interruption), implied warranties arising
from trade usage, course of dealing, course of performance or the implied warranties of merchantability or fitness for
particular use or purpose.
7. Limitation of Liability.
a) Except as may otherwise be set forth herein, NASDAQ OMX shall not be liable to Subscriber, its Distributor or any other
Person for indirect, special, punitive, consequential or incidental loss or damage (including, but not limited to, trading
losses, loss of anticipated profits, loss by reason of shutdown in operation or increased expenses of operation, cost of
cover or other indirect loss or damage) of any nature arising from any cause whatsoever, even if NASDAQ OMX has
been advised of the possibility of such damages.
b) NASDAQ OMX shall not be liable to Subscriber or any other Person for any unavailability, interruption, delay,
incompleteness or inaccuracy of the Information that lasts less than four (4) continuous hours during the time that
NASDAQ OMX regularly transmits the Information or if the Information is materially affected for less than four (4)
continuous hours during the time that NASDAQ OMX regularly transmits the Information.
c) If NASDAQ OMX is for any reason held liable to Subscriber or to any other Person, whether in tort or in contract, the
liability of NASDAQ OMX within a single year of the Agreement (one year from the effective date of the Agreement) is
limited to an amount of Subscriber's damages that are actually incurred by Subscriber in reasonable reliance (combined
with the total of all claims or losses of Subscriber's Distributor and any other Person claiming through, on behalf of or
as harmed by Subscriber) and which amount does not exceed the lesser of:
i) For Subscriber or any other Person that continues to receive the Information or any other data and/or
Information offered by NASDAQ OMX, a prorated month’s credit of any monies due directly to NASDAQ OMX
from Subscriber or, if applicable, from any other Person, for the Information at issue during the period at issue,
or if Subscriber or any other Person no longer receives either the Information or any other data and/or
information offered by NASDAQ OMX, a refund of any monies due directly to NASDAQ OMX from Subscriber or,
if applicable, from any other Person, for the Information at issue during the period at issue; or
ii) $500.
d) This section shall not relieve NASDAQ OMX, Subscriber or any other Person from liability for damages that result from
their own gross negligence or willful tortious misconduct or from personal injury or wrongful death claims.
e) Subscriber and NASDAQ OMX understand and agree that the terms of this section reflect a reasonable allocation of risk
and limitation of liability.
8. Disclaimers of Warranties. NASDAQ OMX and its third-party information providers make no warranties of any kind —
express, implied or statutory (including without limitation, timeliness, truthfulness, sequence, completeness, accuracy,
freedom from interruption), any implied warranties arising from trade usage, course of dealing, course of performance or the
implied warranties of merchantability or fitness for a particular use or purpose or noninfringement.
9. Third-Party Information Providers' Limitation of Liability. NASDAQ OMX’s third-party information providers shall have
no liability for any damages for the accuracy of or for delays or omissions in any of the Information provided by them,
whether direct or indirect, lost profits, special or consequential damages of the Subscriber or any other Person seeking relief
through Subscriber, even if the third-party information providers have been advised of the possibility of such damages. In no
event will the liability of the third-party information providers or their affiliates to Subscriber or any other Person seeking
relief through Subscriber pursuant to any cause of action, whether in contract, tort or otherwise, exceed the fee paid by
Subscriber or any other Person seeking relief through Subscriber, as applicable.
10. Claims and Losses. Subscriber will indemnify NASDAQ OMX and hold NASDAQ OMX and its employees, officers,
directors and other agents harmless from any and all Claims or Losses imposed on, incurred by or asserted as a result of or
relating to: (a) any noncompliance by Subscriber with the terms and conditions hereof; (b) any third-party actions related to
Subscriber's receipt and use of the Information, whether authorized or unauthorized under the Agreement. Each party
warrants and represents and will indemnify and hold harmless (and in every case, NASDAQ OMX shall be permitted to solely
defend and settle) another party (including NASDAQ OMX) and their officers, directors, employees and other agents, against
any Claims or Losses arising from, involving or relating to a claim of infringement or other violation of an intellectual property
right by the indemnifying party, its actions or omissions, equipment or other property. This right is conditioned on the
indemnified party giving prompt written notice to the indemnifying party (as does not prejudice the defense) of the Claims or
Losses and providing cooperation in the defense of the Claims or Losses (without waiver of attorney-client, work-product or
other legal privilege, or disclosure of information legally required to be kept confidential).
11. Termination. Subscriber acknowledges that NASDAQ OMX, when required to do so in fulfillment of statutory obligations,
may by notice to Distributor unilaterally limit or terminate the right of any or all Persons to receive or use the Information
and that Distributor will immediately comply with any such notice and will terminate or limit the furnishing of the Information
and confirm such compliance by notice to NASDAQ OMX. Any affected Person will have available to it such procedural
protections as are provided by the Act and applicable rules thereunder. In addition to terminations permitted under the
Distributor's agreement, this Agreement may be terminated by Subscriber with thirty (30) days written notice to Distributor
and by NASDAQ OMX with thirty (30) days written notice either to Distributor or Subscriber. NASDAQ OMX may also alter any
term of this Agreement with ninety (90) days written notice either to Distributor or Subscriber, and any use after such date is
deemed acceptance of the new terms. In the event of Subscriber breach, discovery of the untruth of any representation of
Subscriber, or where directed by the SEC in its regulatory authority, NASDAQ OMX may terminate this Agreement with not
less than three (3) days written notice to Subscriber provided either by NASDAQ OMX or Distributor.
12. Amendments/Agreement. Except as otherwise provided herein, no provision of this Agreement may be amended,
modified or waived. No failure on the part of NASDAQ OMX or Subscriber to exercise, no delay in exercising and no course of
dealing with respect to any right, power or privilege under this Agreement shall operate as a waiver thereof, nor shall any
single or partial exercise of any such right, power or privilege preclude any other or further exercise thereof or the exercise of
any other right, power or privilege under this Agreement. If any of the provisions of this Agreement or application thereof to
any individual, entity or circumstance is held invalid or unenforceable, the remainder of this Agreement, or the application of
such terms or provisions to individuals, entities or circumstances other than those as to which they are held invalid or
unenforceable, shall not be affected thereby and each such term and provision of this Agreement shall be valid and
enforceable to the fullest extent permitted by law. In the event of any conflict between the terms of this Agreement and of
the Distributor's agreement, the terms of this Agreement shall prevail as between NASDAQ OMX and Subscriber.
13. Definitions.
Affiliate shall mean any individual, corporation, company, partnership, limited partnership, limited liability company, trust,
association or other entity that, directly or indirectly through one or more intermediaries, controls, is controlled by, or is
under common control with such party.
Claims or Losses shall mean any and all liabilities, obligations, losses, damages, penalties, claims, actions, suits, costs,
judgments, settlements and expenses of whatever nature, whether incurred by or issued against an indemnified party or a
third party, including, without limitation, (a) indirect, special, punitive, consequential or incidental loss or damage, (including,
but not limited to, trading losses, loss of anticipated profits, loss by reason of shutdown in operation or increased expenses
of operation or other indirect loss or damage), and (b) administrative costs, investigatory costs, litigation costs and auditors'
and attorneys' fees and disbursements (including in-house personnel).
Distributor shall mean "Vendor" and is tastyworks, Inc. for purposes of this Agreement.
Distributor's Service shall mean the service from a distributor, including the data processing equipment, software and
communications facilities related thereto, for receiving, processing, transmitting, using and disseminating the Information to
or by Subscriber.
Information shall mean certain market data and other data disseminated that has been collected, validated, processed, and
recorded by the System or other sources made available for transmission to and receipt from either a Distributor or from
NASDAQ OMX relating to: a) eligible securities or other financial instruments, markets, products, vehicles, indicators, or
devices; b) activities of a NASDAQ OMX Company; c) other information and data from a NASDAQ OMX Company. Information
also includes any element of Information as used or processed in such a way that the Information can be identified,
recalculated or re-engineered from the processed Information or that the processed Information can be used as a substitute
for Information.
Person shall mean any natural person, proprietorship, corporation, partnership or other entity whatsoever.
Primary Customer: I Agree Primary Customer: I Do Not Agree
Joint Customer: I Agree Joint Customer: I Do Not Agree