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Agreement of Terms of
Use
THIS AGREEMENT OF TERMS OF USE (this "Agreement")
is made as of this day, by and between Tsai Capital Corporation, a Delaware corporation ("Tsai Capital"), and
you. This Agreement sets forth the terms and conditions that apply
to your access and use of the Internet websites owned and operated
by Tsai Capital and its affiliates, including, but not limited
to the website located at the URL www.tsaicapital.com
("www.tsaicapital.com").
Applicability of this Agreement; Amendment
of this Agreement
This Agreement is intended to apply to you,
Tsai Capital, its affiliates and all Internet websites owned
and operated by Tsai Capital and its affiliates, including,
but not limited to, www.tsaicapital.com.
In continuing to access or use www.tsaicapital.com,
you agree to comply with this Agreement.
This Agreement is for the benefit of Tsai Capital and its affiliates,
each of which shall have the right to enforce and assert the terms
and conditions of this Agreement directly against you on behalf
of Tsai Capital.
Tsai Capital may amend this Agreement at any time in its sole
discretion and without notice. Changes, revisions or deletions
with regard to this Agreement shall be effective immediately upon
their inclusion in, or deletion from, this Agreement, and the
posting of the same in this Agreement on www.tsaicapital.com.
You are encouraged to revisit this Agreement from time to time
in order to review any changes that have been made. Your continued
access and use of www.tsaicapital.com
following the posting of any such changes shall automatically
be deemed your acceptance of the same.
Your Right to Access and Use www.tsaicapital.com
Your right to access and use www.tsaicapital.com
is personal to you and is not transferable by you to any other
person or entity. You are only entitled to access and use www.tsaicapital.com
for lawful purposes and pursuant to the terms and conditions of
this Agreement. Your access and use of www.tsaicapital.com
may be interrupted from time to time for any of several reasons,
including, but not limited to, the malfunction of Tsai Capitals
equipment, periodic updating, maintenance or repair activities
that Tsai Capital may undertake from time to time, or other
actions that Tsai Capital, in its sole discretion, may elect
to take. Tsai Capital reserves the right to suspend or discontinue
the availability of www.tsaicapital.com
for access and use at any time in its sole discretion and without
prior notice to you.
Your Compliance with this Agreement
By accessing and using www.tsaicapital.com
(other than to read this Agreement), you agree to comply with
all of the terms and conditions of this Agreement, including any
changes or revisions to this Agreement, which Tsai Capital,
in its sole discretion, may make in the future. In order to determine
your compliance with this Agreement, Tsai Capital may monitor
your access and use of www.tsaicapital.com
in accordance with Tsai Capitals Internet Privacy Policy
for www.tsaicapital.com
located at the URL http://www.tsaicapital.com/privacy.html.
Any action by you that, in Tsai Capitals sole discretion,
violates the terms and conditions of this Agreement, or restricts,
inhibits or prevents any third party from accessing, using or
enjoying www.tsaicapital.com,
or through the use of www.tsaicapital.com,
defames, abuses, harasses, offends or threatens any other user
or third party, shall not be permitted, and may result in your
loss of the right to access and use of www.tsaicapital.com.
You shall not provide links to or frame www.tsaicapital.com
without the prior express written permission of Tsai Capital.
Your Transmissions and Submissions
You shall not transmit, submit or post information
to www.tsaicapital.com
that contains any viruses, worms, Trojan horses, trap doors, back
doors, easter eggs, time bombs, cancelbots or other code or computer
programming routines that contain contaminating or destructive
properties or that are intended to damage, detrimentally interfere
with, surreptitiously intercept or expropriate any system, data
or personal information. Pursuant to Tsai Capitals Internet
Privacy Policy for www.tsaicapital.com
located at the URL http://www.tsaicapital.com/privacy.html,
Tsai Capital may monitor any transmissions, submissions or
postings by you to determine, in its sole discretion, your compliance
with this Agreement.
Privacy Statement
In the course of providing products and services,
Tsai Capital collects non-public personal information about
you from the following sources:
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Information Tsai Capital receives from you on account
applications or other forms or correspondence such as
your name, address, phone number, social security number,
e-mail address and general business and financial investment
information
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Information about your transactions with Tsai Capital,
such as your account holdings and transaction history
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Transactional and navigational information
on website usage, such as the number of times a user accesses
the website and the duration of his or her visits |
Tsai Capital may disclose the information
it collects, as described above, to companies that perform various
services on Tsai Capitals behalf such as transfer agents,
custodians, broker-dealers, marketing service firms and service
providers that fulfill product information requests. These organizations
use the information only for the services required and as allowed
by applicable law, and are not permitted to share or use the information
for any other purpose. Tsai Capital does not otherwise disclose
non-public personal information to affiliates or non-affiliated
third parties, except as required by applicable law. Access to
your non-public personal information is restricted to trained
employees who need to access such information in order to provide
you with products and services. Tsai Capital has physical,
electronic and procedural safeguards in place, which comply with
federal regulations, to guard and protect your non-public personal
information.
The policies and practices above apply to both current and former
customers. If you decide to close your account(s), Tsai Capital will continue to adhere to these privacy policies and practices.
For additional information regarding our online privacy policies,
please refer to our Internet Privacy Policy located at the URL
http://www.tsaicapital.com/privacy.html.
Tsai Capitals Intellectual Property
Rights
The names "Tsai Capital" and "tsaicapital.com"
and the Tsai Capital and tsaicapital.com logos and graphics
are trademarks of Tsai Capital, and may not be used by you
without the prior express written permission of Tsai Capital,
which permission may be withheld in Tsai Capitals sole
discretion.
The data and content viewable on, contained in, or downloadable
from, www.tsaicapital.com
(collectively, the "Content"), is copyrighted by Tsai Capital. Tsai Capital also owns a copyright of a collective
work in the selection, coordination, arrangement, presentation,
display and enhancement of the Content. Viewing, reading, printing,
downloading or otherwise using the Content in accordance with
this Agreement does not entitle you to any ownership or intellectual
property rights to the Content.
You shall be solely responsible for any damage resulting from
your infringement of Tsai Capitals intellectual property
rights regarding the "Tsai Capital" and "tsaicapital.com"
names, the Tsai Capital and tsaicapital.com logos and graphics,
and/or the Content, and/or any other harm incurred by Tsai Capital as a direct or indirect result of your copying, distributing,
redistributing, transmitting, publishing or using the same for
purposes that are contrary to the terms and conditions of this
Agreement.
Your Use of the Content
Without the prior written consent of Tsai Capital, you may only print, download or otherwise use the Content
in the form of: (i) one machine-readable copy; (ii) one backup
copy; and (iii) one print copy, for your non-commercial use; provided,
however, that you shall not delete any proprietary notices or
materials with regard to the foregoing manifestations of the Content.
Except as otherwise permitted under the copyright laws of the
United States, no other copying, distribution, redistribution,
transmission, publication or use, other than the non-commercial
use of the Content as permitted by this Agreement, is permitted
by you without the express prior written permission of Tsai Capital, which permission may be withheld in Tsai Capitals
sole discretion.
Tsai Capital Makes No Representations
or Warranties Regarding Content
The Content is being provided to you on an
"as-is" basis. Tsai Capital does not make any representations,
warranties or guarantees, express or implied, regarding the accuracy,
correctness, or completeness of the Content, nor the safety, reliability,
title, merchantability, conformity or fitness for a particular
purpose of the Content. It is your sole responsibility to independently
evaluate the accuracy, correctness or completeness of the Content
on www.tsaicapital.com.
Tsai Capital makes no representation, warranty or guarantee
that the Content that may be available for downloading from www.tsaicapital.com
is free of infection from any viruses, worms, Trojan horses, trap
doors, back doors, easter eggs, time bombs, cancelbots or other
code or computer programming routines that contain contaminating
or destructive properties or that are intended to damage, detrimentally
interfere with, surreptitiously intercept or expropriate any system,
data or personal information.
Your Responsibility for Equipment and Related
Costs
You are responsible for obtaining and maintaining
all telephone, computer hardware, Internet access services and
other equipment or services needed to access and use www.tsaicapital.com,
and all costs and fees associated with Internet access or long
distance charges incurred with regard to your access and use of
www.tsaicapital.com.
Questions, Comments & Complaints
Tsai Capital encourages you to provide Tsai Capital with feedback regarding www.tsaicapital.com.
If you have questions, comments or concerns regarding this of
www.tsaicapital.com,
please contact www.tsaicapital.com
or send mail to the following address:
Tsai Capital Corporation
Attention: Christopher Tsai
590 Madison Avenue, 21st Floor
New York, NY 10022
Limitations on Tsai Capitals Liability;
Disclaimer
BY USING WWW.TSAICAPITAL.COM,
YOU ASSUME ALL RESPONSIBILITY AND RISK FOR THE USE OF THIS SITE
AND THE INTERNET GENERALLY. THE CONTENT IS PROVIDED "AS IS,"
WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND, INCLUDING,
WITHOUT LIMITATION, WARRANTIES OF MERCHANTABILITY, FITNESS FOR
A PARTICULAR PURPOSE, NONINFRINGEMENT OF INTELLECTUAL PROPERTY,
AND FREEDOM FROM ERRORS, VIRUSES, BUGS, OR OTHER HARMFUL COMPONENTS.
Tsai Capital SHALL IN NO EVENT BE RESPONSIBLE TO, OR LIABLE
TO, YOU, OR ANY THIRD PARTY, WHETHER IN CONTRACT, WARRANTY, TORT
(INCLUDING NEGLIGENCE) OR OTHERWISE, FOR ANY DAMAGES, INCLUDING,
BUT NOT LIMITED TO, SPECIAL, INCIDENTAL, INDIRECT OR CONSEQUENTIAL
DAMAGES THAT INCLUDE, BUT ARE NOT LIMITED TO, DAMAGES FOR ANY
LOSS OF PROFIT, REVENUE OR BUSINESS, AS A DIRECT OR INDIRECT RESULT
OF: (I) YOUR BREACH OR VIOLATION OF THIS AGREEMENT; (II) YOUR
ACCESS AND USE OF WWW.TSAICAPITAL.COM;
(III) YOUR INABILITY TO ACCESS OR USE WWW.TSAICAPITAL.COM
FOR ANY REASON; (IV) YOUR DOWNLOADING OF ANY OF THE CONTENT FOR
YOUR USE; OR (V) YOUR RELIANCE UPON OR USE OF THE CONTENT.
Your Indemnification of Tsai Capital
You shall defend, indemnify and hold harmless
Tsai Capital and its officers, directors, shareholders, employees,
independent contractors, agents, representatives and affiliates
from and against all claims and expenses, including, but not limited
to, attorneys fees, arising out of, or attributable to:
(i) any breach or violation of this Agreement by you; (ii) your
access or use of www.tsaicapital.com;
and/or (iii) access or use of www.tsaicapital.com
under any email address, username or password that may be issued
to you.
Tsai Capitals Remedies
You acknowledge that Tsai Capital may be
irreparably damaged if this Agreement is not specifically enforced,
and damages at law would be an inadequate remedy. Therefore, in
the event of a breach or threatened breach of any provision of
this Agreement by you, Tsai Capital shall be entitled, in addition
to all rights and remedies, to an injunction restraining such
breach or threatened breach, without being required to show any
actual damage or to post an injunction bond, and/or to a decree
for specific performance of the provisions of this Agreement.
For purposes of this Section, you agree that any action or proceeding
with regard to such injunction restraining such breach or threatened
breach shall be brought in the courts of record of New York, New
York. You consent to the jurisdiction of such court and waive
any objection to the laying of the venue of any such action or
proceeding in such court. You agree that service of any court
paper may be effected on such party by mail or in such other manner
as may be provided under applicable laws, rules of procedure or
local rules.
Termination
Tsai Capital may terminate any email addresses,
usernames or passwords that may be issued to you, at any time,
without prior notice, for any reason, or for no reason, which
shall not be required to be disclosed to you.
Governing Law; Jurisdiction and Venue
This Agreement is to be governed and construed
in accordance with the internal laws of the State of New York,
without regard for principles of conflicts of laws. Any civil
action, claim, dispute or proceeding arising out of or relating
to this Agreement, except for an injunctive action regarding a
breach or threatened breach of any provision of this Agreement
by you, shall be referred to final and binding arbitration, before
a single arbitrator, under the commercial arbitration rules of
the American Arbitration Association in New York, New York. The
arbitrator shall be selected by you and Tsai Capital, and if
you and Tsai Capital are unable to reach agreement on selection
of the arbitrator within thirty (30) days after the notice of
arbitration is served, then the arbitrator shall be selected by
the American Arbitration Association. Judgment upon any award
rendered by the arbitrator shall be final, binding and conclusive
upon you and Tsai Capital and your and Tsai Capitalis
respective administrators, executors, legal representatives, successors
and assigns, and may be entered in any court of competent jurisdiction.
Notwithstanding the previous sentence, in no event shall either
you or Tsai Capital be entitled to punitive damages and both
you and Tsai Capital hereby waive your and Tsai Capitals
respective rights to any punitive, special, indirect or consequential
damages, including, but not limited to, damages for any loss of
profit, revenue or business.
Miscellaneous
If any portion of this Agreement is deemed
unlawful, void or unenforceable by any arbitrator or court of
competent jurisdiction, this Agreement as a whole shall not be
deemed unlawful, void or unenforceable, but only that portion
of this Agreement that is unlawful, void or unenforceable shall
be stricken from this Agreement.
The headings contained in this Agreement are for convenience of
reference only, are not to be considered a part of this Agreement,
and shall not limit or otherwise affect in any way the meaning
or interpretation of this Agreement.
All covenants, agreements, representations and warranties made
in this Agreement, as may be amended by Tsai Capital from time
to time, shall survive your acceptance of this Agreement and the
termination of this Agreement.
This Agreement represents the entire understanding and agreement
between you and Tsai Capital regarding the subject matter of
this Agreement, and supersedes all other previous agreements,
understandings and/or representations regarding the same.
678304.2
WPB 678304.2
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