Welcome to the new and improved MicroBilt website

User License Agreement

 THIS USER LICENSE AGREEMENT (“Agreement”) is entered into as of the “Effective Date” (defined below) by and between MicroBilt Corporation, (“MicroBilt”) a Delaware corporation with its principal place of business at 1640 Airport Rd., Suite 115, Kennesaw, GA 30144 and the party electronically accepting the within terms and conditions, (“User”).

WHEREAS, MicroBilt developed, is the owner of and has the right to control and permit access to use, among other things, its proprietary ID Scanner equipment (“Equipment”), its proprietary software programs known as the Systems Integration Toolkit (“SDK”), its proprietary XML Interface Technology (“XML”), and its proprietary database information products and services website offering located at www.MicroBilt.com (“Website”), which provides the ability via the Internet through the Website and/or through SDK or XML, to securely access and interpret certain consumer credit and other information (“Credit Information”) from its databases and one or more of the national consumer credit reporting agencies, TransUnion, Experian, Equifax (“Credit Bureaus”) and/or other consumer or business data (“Data”) and/or industry information (“Industry Information” and together with Credit Information and Data, “Information”) from various Data or Information providers (together with the Credit Bureaus, “Repositories” and each a “Repository”) and User desires to utilize such in accordance with the terms and conditions herein and MicroBilt is willing to and does permit User limited, nonexclusive, and nontransferable access to use MicroBilt’s products and services through the Internet and otherwise, in accordance with the terms and conditions herein.

NOW THEREFORE, in consideration of MicroBilt’s provision to User of the products and services specified in the application and fee schedule attached hereto as Exhibit A and incorporated herein by reference as if fully set forth, (“Fee Schedule”) and User’s payment of “Fees” (defined below) to MicroBilt therefore, of the mutual covenants and promises contained herein and of other good and valuable consideration, the extent and sufficiency of which is acknowledged between MicroBilt and User (each a “party” and together the “parties”), the parties hereto agree as follows:

A. User Agrees to:

1. Abide as applicable, and as a third party sales agent / distributor, if applicable, cause its customers (“Customers”) to abide by the Fair Credit Reporting Act, 15 U.S.C. § 1681 et. seq. (“FCRA”), as amended by the Fair and Accurate Credit Transactions Act of 2003 (“FACTA”) and thereafter from time to time, the Americans with Disabilities Act (“ADA”) and other applicable equal opportunity laws, the Gramm-Leach-Bliley Act of 1999, 15 U.S.C. § 6801 et. seq. (“GLBA”), the Driver’s Privacy Protection Act of 1994, 18 U.S.C. § 2721(b)(3) (“DPPA”), the laws of the applicable state issuing Motor Vehicle Records (“MVR”), the Equal Credit Opportunity Act (“ECOA”), the Truth In Lending Act (“TILA”) and all other applicable local, state and federal laws regarding Information, as well as the permissions and limitations of MicroBilt and the Repositories, when Information subject to such acts and laws is requested, accessed, used, stored and/or distributed.
2. Obtain and maintain as valid throughout the “Term” (defined below) of this Agreement, all applicable rights, title, permits, licenses, insurance, authorities and approvals necessary regarding its business, this Agreement and the receipt and use of the products and services provided hereunder, and comply, along with its officers, directors, shareholders, managers, employees, agents and representatives, with all laws and regulations applicable to its business.
3. As applicable, obtain all required Repository subcodes (“Subcodes”) and access Information both directly from and through MicroBilt, a Repository or, with MicroBilt’s prior written consent, a MicroBilt designated and/or approved vendor.
4. Be aware per the FCRA, those who knowingly and willfully obtain Information on a consumer from a consumer reporting agency under false pretenses shall be fined under Title 18 or imprisoned not more than two years or both.
5. Be aware that some states (CA, CO, MN, VT, WA, etc.) have stricter consumer, ADA and DMV based statutes, compliance with which is the responsibility of User.
6. Be aware that access to certain Information is subject to restrictions of the Repositories, such that User shall not export such Information, related documentation or technical data, or any product incorporating such, outside of the fifty (50) states of the United States of America and its territories.
7. Acknowledge that: Public Record Information provided to User from or through MicroBilt (including, but not limited to, criminal information (including, but not limited to, information relating to arrests, indictments, convictions, suits, tax liens, and outstanding judgments), civil suits and civil judgments, liens, evictions, bankruptcies), is provided solely for verification purposes, and shall not be requested, obtained, or used in whole or in part, as a factor in establishing an individual’s creditworthiness or eligibility for (i) credit or insurance, or (ii) employment purposes, application in hiring, promotion, suspension, denial or termination of a prospective or current employee, nor for any other purposes under the FCRA. User shall not take any “adverse action” as defined under the FCRA, which is based in whole or in part on verification services, against any individual. Verification services may be used to protect against or prevent actual or potential fraud, unauthorized transactions, claims, or other liability as described in the GLBA. All potential discrepancies or inaccuracies identified by such verification services, shall be re-verified by User through an additional, independent source.
8. Acknowledge that: Public Record Information provided to User from or through MicroBilt is derived solely from public records, which may not be 100 percent (100%) accurate or complete. User should consult state and federal laws, including the FCRA, before using Public Record Information in making business decisions based on the results. Neither we, nor the data Repositories, or our other vendors or suppliers, are liable for claims or damages arising from the use of Public Record Information, beyond the cost of the particular search performed and report obtained by User. Because misidentifications may occur when trying to identify a particular person, based solely upon name and other identifiers, extreme care must be exercised in the review and use of the Public Record Information contained herein. Public Record Information contained herein should not be used in legal proceedings; rather, it is recommended that User obtain the original public record document from the relevant jurisdiction for the purpose of legal proceedings.
9. Assure that if User chooses to use driver’s license data, that it will use such in compliance with the DPPA, and that motor vehicle department data will be used solely for authentication purposes only.
10. Assure that if User chooses to use data from the United States Treasury Department
Office of Foreign Assets Control (“OFAC”) of specially designated nationals and blocked persons, that the matching of data to the OFAC list is based on very limited identification information, that a match does not necessarily indicate that the individual or entity about whom User inquired is the same individual or entity referenced by OFAC, and that any adverse action taken by User against an individual or entity must be taken based on User’s complete investigation of the individual or entity and not based solely on the OFAC information.
11. Assure that except as expressly permitted by the FCRA, User shall not use any medical information contained in a consumer report in connection with any determination of the consumer’s eligibility, or continued eligibility for credit, or for any purpose other than for use: (i) in connection with an insurance transaction with the affirmative consent of the consumer who is the subject of the report; (ii) in connection with a credit transaction involving the extension of credit to, or the review or collection of an account of the consumer, where the medical information to be furnished is relevant to process or effect the transaction, and the consumer has provided specific written consent for the furnishing of the report that describes in clear and conspicuous language, the use for which the medical information will be furnished; (iii) for employment purposes, where the medical information to be furnished is relevant to process or effect the transaction, and the consumer has provided specific written consent for the furnishing of the report that describes in clear and conspicuous language, the use for which the medical information will be furnished; or (iv) with the consumer’s consent.
12. Be aware that some commercial Repository Data may contain consumer credit information, but that such shall nevertheless solely be used in connection with a present or prospective commercial (i.e., not for personal, family or household purposes) credit or financial transaction involving the business inquired upon or the individual on whom such Information is sought and only if such individual is the proprietor of an unincorporated business, is a general partner in a partnership, is a guarantor of the business’ obligation and has provided a copy of a written guaranty, or has given written instruction for the provision of such Information, and not used as a factor in establishing an individual’s eligibility for credit, insurance for personal, family or household purposes, or employment.
13. Acknowledge that every inquiry made on an individual will appear on such individual's consumer credit report, listed as either a consumer or business inquiry, when using the corresponding report, and will include, if and as applicable, User's business name and address.
14. Acknowledge that for products and services accessed which contain information from the Death Master File (“DMF”) as issued by the Social Security Administration (“SSA”), User certifies pursuant to § 203 of the Bipartisan Budget Act of 2013 and 15 C.F.R. § 1110.2 and § 1110.102 that: User meets the qualifications of a “Certified Person” and that its access to the DMF is appropriate; that consistent with its applicable FCRA or GLBA use of Information, User’s use of deceased flags or other indicia within such Information is restricted to legitimate fraud prevention or business purposes in compliance with applicable laws, governmental rules, regulations or fiduciary duty, as such business purposes are interpreted under 15 C.F.R. § 1110.102(a)(1) and that User shall specify the basis for so certifying; that User has systems, facilities and procedures in place to safeguard the accessed DMF information, experience in maintaining the confidentiality, security and appropriate use of the accessed DMF information pursuant to requirements similar to those of § 6103(p)(4) of the Internal Revenue Code of 1986, and that User agrees to satisfy the requirements of § 6103(p)(4) as if such applies to User; that User shall not disclose information derived from the DMF to the consumer or any third party, unless clearly required by applicable law; that User acknowledges that failure to comply with the provisions above may subject it to penalties under 15 C.F.R. § 1110.200 of $1,000 for each disclosure or use, up to a maximum of $250,000 in penalties per calendar year; and that User will not take any adverse action against any consumer without further investigation to verify the information from the deceased flags or other indicia.
15. Acknowledge that: The Military Lending Act, 10 U.S.C. § 987 (“MLA”) protects Department of Defense (“DOD”) “Covered Borrower(s)”, (as defined in 32 C.F.R. § 232.3(g)(1)), including “Service Members” and certain “dependents”, from certain high-cost “consumer credit” products (as such are defined in the MLA). The DOD Covered Borrower data provided to User from or through MicroBilt comes from the Defense Manpower Data Center (“DMDC”) directly from the DOD, or from a DOD approved Repository. MLA data and reports obtained from or through MicroBilt shall be used by User with a “permissible purpose” in accordance with the FCRA, only for its own internal one-time use, and not in connection with, in whole or in part, underwriting of insurance, initiating preapproved offers of credit, to establish profiles, reports or any other documentation on individuals, for marketing, or any purpose other than to make a determination of consumer status as a Covered Borrower as required of “creditors”
for credit “transactions” subject to and as defined in the MLA. Without using a Social Security Number in the query, neither the DMDC, the Repositories, nor MicroBilt, can authoritatively assert that the individual identified in the data and report is the same individual that your query refers to; name and data of birth alone, do not uniquely identify an individual. Refer to the MLA and consult with your own attorney for more details prior to use.
16. Be aware that Information is obtained and managed by fallible sources and that for the Fee charged, MicroBilt does not guarantee or insure the accuracy, completeness, timeliness, depth or continuation of Information.
17. Assume responsibility for the final verification of the consumer’s identity.
18. Be aware that MicroBilt employees are not allowed to render any opinions regarding Information contained in a consumer report. All actions or decisions must be based on User policies and procedures.

B. MicroBilt Agrees to:
1. Comply with all applicable Repository rules and procedures, as well as local, state and federal laws and regulations, including but not limited to the FCRA, the UCC, business verification and public records, in the preparation, transmission, storage and usage of Information and all types of reports.
2. When, if and as applicable, comply with the rules set forth by the Payment Card Industry (“PCI”) Data Security Standards (“DSS”) for the appropriate level using an Approved PCI Compliance Scanning Vendor (“ASV”).
3. Maintain copies of Information accessed by User along with transaction details, for a minimum of five (5) years. During a consumer inquiry, the subject of the report has the right to learn that User ordered Information on such subject.
4. Re-verify Information at no cost on User requests by telephone or consumer requests in writing. MicroBilt shall respond in writing and timely.
5. Follow reasonable quality assurance procedures and maintain confidentiality of Information acquisition and verification methods.
6. MicroBilt hereby certifies that it is a “consumer reporting agency” and a “reseller of consumer reporting services” as currently defined in the FCRA.

C. Terms and Conditions:

1. User shall, and if and as applicable cause its Customers to: identify the end user
(“End User”) of each consumer credit or other Information prior to requesting such;
certify each specific “permissible purpose” as defined in the FCRA or “permitted
use” under the GLBA for which the consumer credit or other Information is
requested and certify that such will be used for no other purpose or use, (tendering
this “permissible purpose” or “permitted use” in such form or manner as requested
by MicroBilt); secure consumer credit and other Information on individuals solely
for its own internal one-time use in accordance with the permissions and
restrictions of the Repositories, which may differ from one another, and which may
include credit, employment, insurance underwriting, collection, government
licensing or written consumer consent or initiated transactions between itself and
the consumer to whom Information refers and/or for such other “permissible
purpose” related to a business transaction as is defined by the FCRA or “permitted
use” under the GLBA and/or as permitted or restricted by the Repositories; notify
MicroBilt immediately if the reason or need for the Information becomes different
than originally claimed, for which a signed written addendum to this Agreement is
required, provided that the new use consists of a “permissible purpose” as defined
in the FCRA or a “permitted use” under the GLBA; and except as otherwise
expressly permitted herein, agree it is the End User and will not resell, distribute,
sublicense, compile or revise Information obtained through MicroBilt.
2. User and Customers are prohibited from creating derivative works of all or any
portion of the “MicroBilt Products” (hereinafter defined), from reverse engineering,
decompiling, disassembling, or otherwise attempting to discover source code of the
MicroBilt Products, or from copying, disclosing, or using the MicroBilt Products,
except as otherwise provided herein.
3. User acknowledges it has received and shall provide its Customers, if applicable,
with the “Notice to Users of Consumer Reports: Obligations of Users Under the
FCRA” as required by the FCRA, which can be viewed and printed at the Website.
4. User agrees that it will, and if applicable cause its Customers to, obtain in advance
and retain on file appropriate application, release, consent and/or authorization
forms (“Forms”) from any credit applicant, job applicant or other individual on
whom Information in Repositories accessed through MicroBilt is sought; that it will
disclose to such individual(s) as and when required by law that credit and/or other
Information (including investigative credit report Information, if applicable) will be
sought on such individual(s); and that it will provide consumer(s) with answers
about their own credit report or when credit is denied, terminated or changed or
when an application is declined, based in whole or in part on Information secured
through Repositories availed by MicroBilt, resulting in “adverse action” as defined
in FCRA, with MicroBilt’s name, address and toll free phone number (and not that
of any MicroBilt vendor, partner or other customer, unless required otherwise per
applicable law); and both advise applicants and follow procedures itself, regarding
Repository mandates on consumer inquiries or complaints
5. User agrees that it will retain Forms for five (5) years in all cases where credit is
extended or an application approved and in any case where credit is declined or an application declined; and that it will make available such Forms to MicroBilt and/or
Repositories upon reasonable notice for occasions where confirmation or audit is
required, either by consumers, the Repositories or by MicroBilt.
6. User agrees to take all reasonable precautions to ensure that Information on
individuals (including scores) will be disclosed internally only to those of its
employees whose duties reasonably relate to the legitimate business purpose for
which the Information was requested.
7. User shall, and if applicable, cause its Customers, at no cost on a monthly or sooner
basis, to contribute current and updated consumer history, payment, credit, fraud
and other transaction experience data on established and new accounts
(“Contribution Data”) to MicroBilt in the form, format and manner prescribed by
MicroBilt in accordance with MicroBilt’s then current data contribution policy,
security procedures and data contribution specifications (as amended by MicroBilt
from time to time upon reasonable prior written mail, fax, email or Website posting
notice to User). Contribution Data shall be as complete and accurate as possible in
accordance with then current industry standards and User shall adhere to all
applicable local, state and federal laws regarding same. MicroBilt shall have no
obligation or responsibility to return Contribution Data or the media containing
same to User or act upon any instructions from User regarding the Contribution
Data not expressly set forth hereunder or required by applicable law. At MicroBilt’s
prior written request and within a reasonable period, User shall promptly verify the
accuracy of the Contribution Data provided to MicroBilt. User acknowledges it has
received and shall provide its Customers, if applicable, with the “Notice to
Furnishers of Information: Obligations of Furnishers Under the FCRA” as required
by the FCRA, which can be viewed and printed at the Website. User further
acknowledges that the manner in which it collects, generates and reports
Contribution Data, other than the mutually agreeable format for reporting
Contribution Data to MicroBilt, is solely within User’s discretion. User warrants
that it has the full legal right, permission and authority to provide Contribution Data
and that User’s processes for collecting, generating and reporting Contribution Data
did, does and will not infringe any patent, copyright or trademark right of any third
party. Where applicable, User agrees to report Contribution Data as “paid
collection” transactions when they are paid, which information shall not be deleted
prior to submission, unless required by law. At its option and expense, Contribution
Data may be incorporated into the consumer reporting systems of MicroBilt and/or
its subsidiaries. Once Contribution Data is incorporated into a credit reporting
system, such will become its exclusive property. Nothing in the preceding sentence,
however, will affect User’s independent full ownership rights in its customer
account information from which the Contribution Data was derived. Contribution
Data is intended to be added to a computer database for inclusion in consumer
reports, accessible pursuant to the FCRA by both authorized subscribers and the
subject consumers of such Contribution Data, and therefore it is expressly
understood by User that Contribution Data will not be kept confidential in such
regard. Once Contribution Data is submitted and incorporated into a credit
reporting system, such may be used and disclosed for any purpose consistent with
applicable laws, rules and regulations, including but not limited to those purposes
set forth in the FCRA and in Section 502(e) of the GLBA and Reg. P promulgated
pursuant thereto (16 CFR 313.15); provided, however, that no list shall be released
of consumers’ names and addresses that specifically identifies individuals as User’s
customers, or identifies User’s customers on any third party’s list, or primarily
consists of User’s customers. Nevertheless, mailing lists, customer lists, marketing
lists or lists classified as to credit performance, locality or economic indicators
using the information contained within a computer database, including without
limitation, the Contribution Data submitted hereunder, may be provided or
furnished to any authorized party which is under contract for credit furnishing or
reporting services, list extract, editing or other services; provided, however, that in
no event shall any selection criteria used specifically seek a list of User’s current or
previous customers, and further provided that the FCRA, GLBA and the
implementing regulations issued thereunder shall be fully complied with.
8. User acknowledges that services hereunder may be suspended and/or this
Agreement terminated with or without notice to User, should User fail to timely
undergo and successfully complete compliance, credentialing and a “Site
Inspection” as set forth below.
9. Without right of setoff, User agrees to pay MicroBilt directly for all applicable
“Set-Up Fees,” “Access Fees,” “Site Inspection” and/or “Training, Testing,
Credentialing or Certification Fees,” “Monthly Minimum Fees,” “Monthly Service
Fees,” “Annual Fees,” fees for “Transactions,” “Bureau Products,” “Repository
Data,” “Data,” “Reports,” “Information,” “Products,” “Searches,” “Additional
Data,” “Additional Products,” “Modules,” “Equipment” and any other then current,
amended or additional fees, plus taxes (collectively “Fees”), due for services
rendered by MicroBilt to User under this Agreement and related to the products,
services and associated prices identified in the attached Fee Schedule. User agrees
and acknowledges that payment to MicroBilt of all Fees due under this Agreement
shall be made in one of the two following manners and by initial in the Fee
Schedule by the authorized account holder, User explicitly agrees to such method
and to provide all necessary information and documentation to facilitate prompt
payment: (1) MicroBilt accepts payments via ACH (Automated Clearing House)
and requires User’s company bank name, address, phone number, account name,
account #, ABA # and a voided copy of a company check; or (2) MicroBilt accepts
payments via Visa, MasterCard, AMEX and Discover. During the first week subsequent to the end of each previous month, MicroBilt will make invoices for all
Fees due and transaction detail supporting same, available to User’s assigned
account or designated representative. Should User have a reasonable dispute with
regard to an invoice, User must notify MicroBilt of such within five (5) business
days after invoice date and send all detail or documentation via email to
CustomerAccounts@MicroBilt.com or fax to 770-234-3881 Attn: Accounting
Dept., or any such dispute shall be deemed waived. MicroBilt will respond to
User's dispute within five (5) business days after receipt. Invoices are due upon
receipt and MicroBilt will either automatically charge User's Credit Card or ACH
User's account, all undisputed amounts due. All Fees for services rendered during
or otherwise owed for the length of the Term of this Agreement shall be
immediately due and payable upon any termination of this Agreement.

10. During the Term of this Agreement, User shall be afforded access to current and
available historical invoices and product / Customer transaction detail, Information
and/or reports, provided User is not currently and has not been on two (2) or more
prior occasions during the Term of this Agreement, whether or not notified or
timely resolved, i) in breach of any term or condition of this Agreement or ii)
delinquent or in default as to any payment due.
11. MicroBilt may, upon reasonable prior written mail, fax, email or Website posting
notice to User, add, remove, increase or decrease any Fee then in effect to reflect a
change in any: cost to MicroBilt by a Repository or other vendor; local, state or
federal cost or surcharge; or new or enhanced services, tools or compliance cost.
12. User will hold its MicroBilt designated and issued User ID, Password and Subcodes
in strict confidence, and will report to MicroBilt immediately any loss, theft,
disclosure or unauthorized use of same. Until MicroBilt is so notified and
acknowledges de-activation of the User ID, Password and/or Subcodes, User shall
be liable for any and all Fees, and for any and all effects and/or consequences of
any misuse.
13. By its electronic acceptance of this Agreement, User agrees that: Information
secured will be for exclusive use in its own legitimate business decisions; all
Information will be held in strict confidence; use of Information for unfair or
deceptive practices is strictly prohibited; Information on current or prospective
employees will only be secured by designated authorized representative(s); User
employees are forbidden to obtain any Information on themselves, associates or any
others save in the performance of their official duties; Information to be used for
valuation purposes will be used only to perform a guideline valuation and will not
be construed as a replacement for a complete, comprehensive valuation conducted
by a qualified professional; Information will not be disclosed to the subject of the
Information, except that it may be disclosed if adverse action or consumer dispute
is taken; and subject(s) disputing or requesting a copy of their Information will be
referred, upon need or legitimate inquiry, only to MicroBilt and not to the
Repository identified on the Information, except if User has its own Subcodes, or as
required by applicable law.
14. User specifically acknowledges that MicroBilt considers the Equipment, SDK,
XML, Website and all software, source code, object code, technology and
documentation related thereto to include confidential information and trade secrets
and to be proprietary to MicroBilt. Nothing in this Agreement shall be construed to
convey to User any right, title, ownership, interest or intellectual property rights in
such, as all vest solely in MicroBilt, whether or not in the nature of copyright, trade
secret, trademark, service mark, trade name, patent or otherwise.
15. The MicroBilt and/or Repository products, services, names and marks and those of
their vendors (“Marks”) identified under this Agreement and Fee Schedule or
otherwise, are protected by applicable copyright laws, with all ownership rights
retained by the applicable party and/or its vendor. Except as specifically authorized
in this Agreement or with prior written consent of the applicable party, which, with
regard to MicroBilt, shall not be unreasonably withheld or delayed, the direct or
indirect reference, listing, marketing, press release, communication, publication,
use, sale, duplication or distribution of any such Mark contrary to the terms and
conditions herein, is strictly prohibited. User agrees not to infringe any copyright
or other proprietary interest of MicroBilt, any Repository or their vendors.
MicroBilt may at any time, after reasonable prior written notice to User via mail,
fax, email or Website posting, restrict, remove, add to or modify any such Mark,
which shall be promptly adhered to by User.
16. Information and Marks obtained by User hereunder shall be held in strict
confidence and except as otherwise set forth herein, are never to be reproduced,
disclosed, revealed or made accessible in whole or in part to any third party unless
required by applicable law, valid subpoena, court order or government inquiry.
User agrees to hold MicroBilt, the Repositories and their respective officers,
employees, agents and vendors harmless from any expense, damage or liability,
including any special, incidental, exemplary or consequential damages of any
nature, arising from the publishing or disclosure of Information or Marks by User
contrary to the conditions herein, whether such is disclosed by design or in error.
17. User acknowledges, unless otherwise permitted by a Repository, MicroBilt or
applicable law, that its business does not sell Information direct to consumers, and
it is not a credit repair, process server, dance studio, spiritual, tattoo, health or book
club, adult, dating or massage business.
18. User agrees to place all devices used to obtain Information and all electronic and
hard copy Information and applications with transaction detail, which shall be
maintained and kept confidential for a minimum of five (5) years, in a secure location within its facility, so that unauthorized persons cannot access them, and to
password protect and lock such devices and locations after normal business hours.
19. This Agreement shall commence as of the date of User’s electronic acceptance and
submission thereof (the “Effective Date”) and shall remain in effect for a minimum
initial period of three (3) years (the “Initial Term”) after which it shall
automatically and continuously renew for additional minimum one (1) year periods,
(the “Renewal Term(s)” and with the Initial Term, each a “Term”) until terminated
by either party on sixty (60) days written notice to the other, prior to the end of the
then existing Term, or upon termination as otherwise set forth herein. Obligations
for the payment of Fees for services rendered during or otherwise owed for the
length of the Term of this Agreement, the continuation of confidentiality and
maintenance of records, however, shall survive termination.
20. User acknowledges, consents and agrees that MicroBilt does not guaranty the
continuation and shall not be held liable to User and/or its Customers for the
discontinuation of any one or more specific products or services offered hereunder
as amended from time to time as set forth herein and that such shall not be a valid
“Claim” (defined below), cause for breach or termination of this Agreement.
21. EXCEPT AS SET FORTH IN THE FOLLOWING PARAGRAPH, NEITHER
MICROBILT NOR THE REPOSITORIES MAKE ANY OTHER REPRESENTATION
OR WARRANTY, EXPRESSED OR IMPLIED, WITH REGARD TO THE
SERVICES, PRODUCTS OR INFORMATION PROVIDED UNDER THIS
AGREEMENT, (SUCH INFORMATION IS PROVIDED BY THE REPOSITORIES
“AS IS”) INCLUDING BUT NOT LIMITED TO ANY IMPLIED WARRANTY OF
MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. FURTHER,
NEITHER MICROBILT NOR THE REPOSITORIES IN ANY WAY WARRANT OR
ASSUME ANY LIABILITY FOR A “CLAIM” FOR BREACH REGARDING THE
TIMELINESS, CURRENCY, CONTINUATION, VALIDITY, ACCURACY,
ADEQUACY OR COMPLETENESS OF ANY INFORMATION ACCESSED. USER
ACKNOWLEDGES THAT ENTERING INTO THIS AGREEMENT IS ITS BUSINESS
DECISION, IS NOT BASED ON THE PROVISION OF ANY ONE OR MORE
SPECIFIC PRODUCTS OR SERVICES AND THAT EVERY BUSINESS DECISION
INVOLVES THE ASSUMPTION OF A RISK, WHICH NEITHER MICROBILT NOR
THE REPOSITORIES DO OR WILL UNDERWRITE IN ANY MANNER.
22.MicroBilt agrees that throughout the Term of this Agreement: (i) it shall perform
its services hereunder in a competent and workman-like manner in accordance with
the then current standards of the industry; (ii) it has and will continue to maintain
all necessary ownership rights, title, licenses, insurance, authorities and approvals
necessary regarding its business and the products and services provided hereunder,
the Equipment, Website, SDK, XML and any software, source code, object code
and documentation thereto (together the “MicroBilt Products”), free of all liens,
claims, encumbrances and other restrictions; (iii) the MicroBilt Products do not and
will not infringe upon copyrights, trademarks, patents or any other proprietary
rights of any third party; (iv) it will permit access to the MicroBilt Products
completely and accurately per the terms as set forth herein; (v) the MicroBilt
Products shall be free from any defects in design, materials and workmanship, shall
be free of any “worm,” “virus,” “lock out” or “self destruct” devices, as such terms
are understood in the computer industry and shall perform in accordance with the
terms herein; (vi) any documentation provided by MicroBilt hereunder will
accurately describe the MicroBilt Products; (vii) the MicroBilt Products, MicroBilt
and its officers, employees, agents and representatives shall comply with all
applicable laws and regulations and obtain and maintain in effect such permits,
licenses and other forms of authorization required to comply with such laws and
regulations; and (viii) it will keep the MicroBilt Products validly registered and
current in concert with any relevant changing industry and market conditions so
that such will continue to perform all intended functions.
23. MICROBILT AND THE REPOSITORIES SHALL BE HELD HARMLESS FROM
AND NOT BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL OR
CONSEQUENTIAL DAMAGES, WHETHER ARISING OUT OF THE USE OR
INABILITY TO USE ANY SERVICE OR PRODUCT PROVIDED HEREUNDER OR
OTHERWISE, INCLUDING BUT NOT LIMITED TO LOSS OF ANY REAL OR
ANTICIPATED PROFITS, EVEN IF MICROBILT AND/OR A REPOSITORY WAS
ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. ANY LIABILITY OF
MICROBILT AND/OR A REPOSITORY OF ANY NATURE HEREUNDER SHALL
BE LIMITED TO A REFUND OF THE PAYMENTS MADE BY USER UNDER THIS
AGREEMENT. A “CLAIM” INCLUDES ANY CLAIM, DEMAND, ACTION,
PROCEEDING, LOSS, COST, EXPENSE (INCLUDING, WITHOUT LIMITATION,
REASONABLE ATTORNEYS’ FEES), DAMAGE, LIABILITY OR PENALTY. NO
CLAIM MAY BE COMMENCED MORE THAN TWO (2) YEARS AFTER THE
OCCURRENCE WHICH HAS GIVEN RISE TO SUCH.
24. Each party shall defend, indemnify and hold the other harmless from Claims arising
out of the indemnifying party’s breach of any representation, warranty or other term
herein. In connection with any Claim that is indemnifiable hereunder, the
indemnified party shall, if and when legally permissible: (a) give the indemnifying
party prompt written notice of the Claim for which indemnification is sought; (b)
give the indemnifying party the opportunity to take over and/or settle any third
party Claim through counsel of the indemnifying party's choice, at its sole direction
and expense; and (c) cooperate fully with the indemnifying party as to the Claim.
25. Except as stated to the contrary in this Agreement, as to “Non-public Personal
Information” or “Personally Identifiable Financial Information” of consumers as
defined by applicable state or federal law, including, but not limited to Title V of
the GLBA (Non-public Personal Information and Personally Identifiable Financial
Information, collectively, “Consumer Information”) delivered or made available from one party to the other pursuant to this Agreement, each party agrees that: (i) it
shall use Consumer Information solely for purposes of carrying out its obligations
under this Agreement and for no other purposes; (ii) in compliance with the
“Safeguards Rule” under the GLBA, it shall implement appropriate technical and
organizational procedures and controls to safeguard and protect Consumer
Information against accidental, unauthorized or unlawful access, disclosure,
destruction, loss or alteration, and provide the other party with information
regarding such measures upon reasonable prior written request; (iii) it shall conduct
periodic employee training and other management oversight activities in order to
assure that its employees understand the requirements contained in this Agreement
and are cognizant of the need to strictly comply with all such measures; (iv) it may
allow the other party, once each calendar year during the Term, at the requesting
party’s expense, to conduct an on-site visit, audit and review of the other party’s
documentation and facilities, on thirty (30) days prior written notice, at mutually
convenient times and during regular business hours, to substantiate and ensure the
procedures and controls are in place and adequate; (v) to the extent not restricted by
subpoena, court order, government investigation or applicable law, it shall notify
the providing party orally within one (1) business day of any unauthorized access to
or disclosure of the providing party’s Consumer Information within the receiving
party’s custody or control (a “Security Event”) and in writing within five (5)
business days after such an event, including the extent and scope of the Security
Event and the names of specific consumers impacted by the Security Event, or as
soon as such information is available; (vi) to the extent not restricted by subpoena,
court order, government investigation or applicable law, it shall cooperate with the
providing party as to legal obligations and to resolve the Security Event and notify
all affected consumers in the parties joint determination as to notice, costs and
expenses related thereto; (vii) any intentional, grossly negligent or continuous
violation of the GLBA by a party (as determined in the other party’s reasonable
discretion supported by documentary evidence) may result in the immediate
suspension of the provision or use of products and services under and/or
termination of this Agreement, with or without prior written notice; and (viii) the
notifying party may suspend the provision or use of products and services under
and/or terminate this Agreement, on fifteen (15) days prior written notice to the
other party, in the event that the other party’s use of any Information governed by
the GLBA is either the subject of material adverse consumer reaction, which
manifested in substantial negative media coverage, or the subject of material
litigation or action by any governmental agency.
26. Except with regard to Contribution Data and inquiry or other submitted data,
“Confidential Information” means all information furnished in any manner by one
party to the other under this Agreement and all information derived therefrom,
including, but not limited to, this Agreement and any exhibits, products, services
and pricing, source code, object code, software, business, employee, vendor,
customer and Consumer Information. The term “Confidential Information” does
not include information, proven by documentation which: (i) becomes generally
available to the public other than as a result of a disclosure by the information
receiver; (ii) was available to the information receiver on a non-confidential basis
prior to its disclosure by the information provider; (iii) becomes available to the
information receiver on a non-confidential basis from a source other than the
information provider, provided that such source is not known by the information
receiver, after due inquiry, to be bound by any duty to the information provider
or another entity, to keep such information confidential; or (iv) is independently
developed by the information receiver, without use of the information provider’s
Confidential Information. Each party agrees that the Confidential Information
disclosed to it by the other party shall not be disclosed to any third party and shall
be used only for the purposes herein. Each party agrees to treat all Confidential
Information of the other in the same manner in which it treats its own confidential
and proprietary information, including prohibition of and sanction against the use of
such by any third party, employee, agent or associate of a party so revealing and/or
using such information for direct or indirect gain.
27. Either party may terminate this Agreement, should the other party breach any
material term or condition herein, provided that the non-breaching party has given
written notice of the breach to the breaching party and afforded the breaching party
a thirty (30) day opportunity to cure and the breaching party failed to so cure. In
whole or in part, MicroBilt may cease or suspend its provision of one or more
products or services hereunder and/or terminate this Agreement, at any time, with
or without notice, with no liability to User, if: (i) MicroBilt reasonably determines
that the provision of services hereunder violates any credit reporting or other law;
(ii) MicroBilt is required to do so by any Repository; (iii) MicroBilt or a Repository
eliminates, modifies or restricts a product or service; (iv) User violates or upon
reasonable belief is suspected of violating a consumer protection regulation,
Repository guideline, the FCRA or any applicable local, state or federal law; (v)
User exhibits rude, untruthful, illegal or immoral actions or omissions or there is a
general breakdown in the relationship between the parties; or (vi) User fails to
timely pay all undisputed amounts due, for which MicroBilt may immediately
suspend services and/or User fails to resolve payment delinquencies within thirty
(30) days of written notice, for which MicroBilt may terminate this Agreement
and/or User’s payments have been delinquent on two (2) or more occasions during
the Term of this Agreement, whether or not notified or timely resolved, for which
MicroBilt may immediately terminate this Agreement.

28. General Provisions
a. Notices. Except as specifically maintained otherwise herein, any and all notices
shall be given in writing and sent Registered or Certified mail, return receipt
requested or via overnight courier or by hand delivery to the other party at the street
address listed above or in the Fee Schedule or as modified by proper notice to a
party. The date of receipt shall be the effective date of the notice.
b. Waivers. A party's failure or delay to enforce or waive any provision of this
Agreement shall not affect its validity or enforceability or constitute a waiver of
future enforcement of that or any other provision of this Agreement.
c. Amendments. Except as otherwise set forth herein, this Agreement may be
modified or amended only by the written consent of both parties.
d. Headings. All headings used in this Agreement are for the convenience of the
parties and are for reference purposes only.
e. Injunctive Relief. Each party shall have, in addition to any other relief at law or
equity, the right to seek injunctive relief to redress a party’s breach of this
Agreement.
f. Severability. Any term or condition of this Agreement deemed legally invalid or
unenforceable, shall in no way affect any other remaining term or condition.
g. Assignment. Except as otherwise expressly permitted herein, neither party may
distribute, rent, sublicense, lease, sell or assign this Agreement or the services or
products provided herein without the prior written consent of the other, provided
that either party may assign this Agreement to any of its affiliated companies
without consent or may assign this Agreement in the event of a sale by such party
of all or substantially all its assets to an assignee or to an entity with or into which it
is merged or consolidated, provided that the assignee assents in writing to all terms
and conditions hereof and further provided that the scope, level, volume and nature
of the services to be provided to or by the assignee are not materially changed.
h. Exclusivity. This Agreement is not exclusive and either party may enter into
similar agreements with others.
i. Independent Contractor. MicroBilt shall be considered an independent contractor
and not an employee of User. Except as otherwise expressly provided herein,
neither party shall in any way represent itself as an agent, employee, joint-venturer
or representative of the other party.
j. Third Party Beneficiaries. This Agreement is intended for the benefit of, is binding
upon and may be enforced solely by the parties hereto, their successors and
permitted assigns and except as expressly provided herein otherwise, no third party
shall have any rights herein.
k. Restriction on Employment. User may not solicit (other than via job fairs or
advertisements to the general public) or hire any present or former MicroBilt
employee, contractor or consultant without MicroBilt’s prior written consent.
l. Non-Solicitation. User may not solicit (other than via trade shows or marketing to
the general public) or entice any existing or potential vendor or customer to
terminate its existing or potential relationship with MicroBilt.
m. Communications / Marketing. User agrees that MicroBilt, its vendors, partners and
sponsors may market products and services to User and/or Customers from time to
time, including commercial advertisement, sales promotions, additions, deletions,
upgrades, updates, customer service, technical, legal and compliance notifications,
via mail, fax, email, Website posting or phone and may monitor / record such for
the purposes of training, improvement to sales, customer service and compliance.
n. Force Majeure. Performance by MicroBilt may be subject to interruption and delay
due to causes beyond its reasonable control such as acts of God, government,
weather, fire, power or telecommunications failure, inability to obtain supplies or
Information, breakdown of equipment or interruption in Repository services or
communications. Neither party shall be liable to the other for any delay or failure to
perform which results from causes outside its reasonable control.
o. Choice of Law and Venue. THE PARTIES IRREVOCABLY AGREE THAT: i) THIS
AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE
WITH THE SOLE AND EXCLUSIVE LAW, PERSONAL JURISDICTION AND
VENUE OF THE STATE AND FEDERAL COURTS OF THE STATE OF NEW
JERSEY, COUNTY OF MERCER, WITHOUT REGARD TO ITS CONFLICTS OF
LAW PRINCIPLES; ii) ANY ACTION RELATING TO THIS AGREEMENT SHALL
BE FILED IN SUCH COURTS; AND iii) ANY CLAIM OR DEFENSE THAT A
PARTY LACKS MINIMUM CONTACTS WITH THE FORUM OR THAT SUCH
COURTS LACK PERSONAL JURISDICTION OR THAT VENUE IS IMPROPER OR
INCONVENIENT, SHALL BE WAIVED.
p. Collection and Attorneys’ Fees. Without limiting MicroBilt’s remedies for
non-payment or late payment of invoices, User shall be liable to MicroBilt for any
and all interest, late fees, costs of collection, court costs and reasonable attorneys’
fees as to any collection effort regarding invoices for services rendered pursuant to
this Agreement and remaining unpaid after the due date.
q. Taxes. User shall pay all applicable federal, state and/or local sales, service, use or
other taxes designated or imposed due to any action or transaction under this
Agreement, other than taxes imposed on MicroBilt’s net income. This Agreement
provides an information service for purposes of state sales and use tax. Nothing
contrary in this Agreement is intended to or in fact changes the nature of services
provided hereunder.
r. Audits. MicroBilt may track, review, compile, store and use any Contribution Data
and submitted inquiry or other data. During the Term and continuing after
termination of this Agreement as required or necessary as set forth below, after
reasonable prior written notice to User via mail, fax, email or Website posting and
at mutually convenient times during normal business hours, MicroBilt may audit
User’s compliance with the terms of this Agreement and all applicable legal requirements and laws, including, but not limited to, the FCRA and the GLBA, at
User’s expense per a MicroBilt, Repository, consumer, legal, government or court
ordered rule, mandate, subpoena, inquiry or request, via non-invasive database
queries, statistical, financial and/or document reviews or requests, (or on-site visits
at MicroBilt’s expense no more than once each calendar year), each of which shall
promptly and fully be responded to by User within a reasonable time after
notification, to avoid the suspension of access to one or more products or services
hereunder and/or termination of this Agreement.
s. Continuation of Confidentiality. Notwithstanding anything herein to the contrary,
the duty of confidentiality to which the parties hereto are bound, shall continue in
full force and effect for three (3) years after any termination of this Agreement.
t. Compliance Certification, Training, Testing, Credentialing & Site Inspection. As
necessary, in accordance with FCRA, FACTA, GLBA, DPPA, MVR, ECOA, TILA
and other local, state and federal laws, as well as Credit Bureau, Data Repository
and MicroBilt policies, prior to accessing consumer Credit Information or other
Data and on an annual basis and when changing business premises or ownership
and as new MicroBilt products and services are offered or accessed from time to
time and new laws, Credit Bureau, Data Repository and MicroBilt policies are
established or amended, User agrees to undergo and pay the Fees set forth in Exhibt
A for compliance certification, credentialing, employee FCRA training and testing,
an on-site inspection at its business premises (“Site Inspection”), criminal,
consumer credit and other background checks on User’s business and principal
(owner or officer), performed by ComplyTraq, LLC, to determine and review
credit, history, procedures, processes and need for accessing, using, storing and/or
distributing Information, security practices and other protective measures in place,
so as to ensure initial compliance with the terms hereof, as well as periodically for
reassurance thereafter. If applicable, to ensure its Customers’ compliance, User
shall enter into a “ComplyTraq Compliance Services Agreement” directly with
ComplyTraq to ensure similar compliance and credentialing. Further, MicroBilt
may, at any time after reasonable prior written notice to User via mail, fax, email or
Website posting, add to, delete or modify any MicroBilt, Repository or Credit Bureau contractual or legal compliance / security procedure, which shall be incorporated herein by reference and promptly and fully be adhered to within a
reasonable time after notification, to avoid the suspension of one or more products
or services hereunder and/or termination of this Agreement.
u. Entire Agreement. This Agreement with Recitals and Fee Schedule and/or other
exhibits attached hereto, if any, incorporated herein by reference, constitutes the
entire agreement between MicroBilt and User with regard to the subject matter
contained herein and therein and supersedes all other existing or contemporaneous
agreements, writings, communications or understandings between the parties
concerning such subject matter, written or oral. There are no warranties,
representations or agreements of the parties with respect to the subject matter of
this Agreement and Fee Schedule, other than those herein and therein.
v. Approval. MicroBilt and User certify that the terms on all pages of this Agreement
and Fee Schedule have been read and agreed to as written, and the accepting
representative of each party warrants that he / she is authorized to accept this
Agreement and Fee Schedule on behalf of the party so indicated.
w. Electronic Acceptance. By the parties’ electronic submission hereof, which shall
constitute legal, valid and binding marks, with the same force and effect as a
physically signed original, MicroBilt and User agree, acknowledge and consent to
the terms of this Agreement and Fee Schedule and to the electronic delivery and
acceptance thereof and all exhibits, documents, notices, updates, addenda and
amendments related thereto, as well as any other documents to be delivered by
MicroBilt during the Term of this Agreement. The parties acknowledge that this
Agreement may exist in multiple counterparts, each of which shall be deemed an
original and all of which together shall constitute one and the same instrument.
User understands that it will need a valid e-mail address and access to the Internet,
as well as the appropriate software and/or programs, including, but not limited to,
Adobe Acrobat, in order to access this Agreement and Fee Schedule electronically.
User also understands that it may update its information, obtain a full description of
systems requirements, revoke this consent, or request one or more paper documents
at any time by contacting MicroBilt in writing.

Information subject to change without notice. All rights reserved. © 2017 MicroBilt

v7.5 06122017

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