FIA Technology Services, Inc.

Futures and Options Factbook Data Access License

The Futures and Options Factbook is subscription fee-based data service provided by FIA Technology Services, Inc. and made available to authorized users annual subscription.

ACCESSING THE DATA VIA YOUR USER IDENTIFICATION ("USER ID" OR "USERNAME") AND PASSWORD GIVES YOU CERTAIN LIMITED RIGHTS. NEITHER YOU, NOR YOUR FIRM, BECOME THE OWNER OF THE PROGRAM AND DATA, AND THE INSTITUTE FOR FINANCIAL MARKETS RETAINS TITLE TO, THE PROGRAM, DATA AND RELATED MATERIALS.

1. Use of Data.

2. Permitted Uses.

Authorized Users may make printed copies of limited portions of the Data for general business purposes while not infringing on the FIA Tech's copyright interests in the Futures and Options Factbook.

3. Uses Not Permitted.

4. Termination.

Subscriber may terminate this Agreement at any time, upon notice to FIA Tech. In the event of termination of this Agreement by Subscriber (except for termination due to FIA Tech breach), FIA Tech shall retain any fees paid to FIA Tech by Subscriber. Either party may terminate this Agreement due to a material breach of its terms and conditions by the other party, subject to a period of thirty (30) days from receipt of notice from the non-breaching party of the alleged breach, during which time the breaching party will have the opportunity to cure such breach. If Subscriber terminates this Agreement due to a breach by FIA Tech, the FIA Tech shall refund to Subscriber a pro- rated portion of prepaid fees for the current term.

5. Proprietary Rights.

FIA Tech or its licensors shall own all rights, title and interest in and to the Data and the FIA Tech Site, including all copyrights, patents, trade secrets, database rights and Subscriber expressly acknowledges FIA Tech’s representation that the Data constitutes trade secrets proprietary to FIA Tech or its licensors. Subscriber agrees to use good faith efforts to protect the Data from unauthorized disclosure or access, which measures shall be at least as diligent as those employed by Subscriber to protect its own confidential information.

6. Disclaimer.

Except as otherwise provided hereunder, the Data and the FIA Tech Site are provided on an “as is” and “as available” basis. While FIA Tech endeavors to obtain the Data from sources it believes to be reliable, FIA Tech cannot guarantee the accuracy, completeness, or currency of the Data or the future provision of Data to FIA Tech by FIA Tech’s current sources. FIA Tech likewise cannot guarantee the availability of the Internet or the FIA Tech Site. While the FIA Tech takes reasonable precautions, it cannot warrant that the FIA Tech Site, the Data, or any electronic mail transmitted by FIA Tech to Subscriber, will be free of viruses or other harmful components. Subscriber acknowledges that its use of the Data and the FIA Tech Site are at Subscriber’s sole risk.

TO THE FULL EXTENT PERMISSIBLE UNDER APPLICABLE LAWS, FIA Tech MAKES NO, AND HEREBY DISCLAIMS ALL, EXPRESS AND IMPLIED WARRANTIES REGARDING THE DATA, AND THE FIA Tech SITE, INCLUDING BUT NOT LIMITED TO ALL WARRANTIES OF MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE.

7. Warranty.

FIA Tech warrants that it has all rights, authorizations or licenses to provide the Data and the FIA Tech Site to Subscriber.