User Agreement

END-USER LICENSE AGREEMENT FOR BOTMUDRA TRADING SOFTWARE
This BotmudraLicense Agreement (hereafter the “Agreement”) is BETWEEN: Botmudra Private Limited, a company incorporated under the laws of India with itsregistered office at DevinderVihar, Sector-56, Gurgaon,122011 andunique entity number U62013HR2023PTC114101 (the “Supplier”)and the "Purchaser", an individualor a company which has purchasedBotmudra’ssoftware-as-a-service (SAAS)forex tradingSoftware.

This End-User License Agreement (“EULA”) is a legal agreement between you (either an individual or a single entity) and BOTMUDRA Trading Software product(s) identified above which mayinclude associated software components, media, printed materials, and “online” or electronicdocumentation (“BOTMUDRA Trading Software “). By installing, copying, or otherwise using theBOTMUDRA Trading Software, you agree to be bound by the terms of this EULA. This license agreementrepresents the entire agreement concerning the program between you and BOTMUDRA Trading Software,(referred to as “licenser”), and it supersedes any prior proposal, representation, or understandingbetween the parties. If you do not agree to the terms of this EULA, do not install or use the BOTMUDRA Trading Software.

The BOTMUDRA Trading Software is protected by copyright laws and international copyright treaties, aswell as other intellectual property laws and treaties. The BOTMUDRA Trading Software is licensed, notsold

1. Grant of License
Subject to the provisions of this Agreement, BOTMUDRA Trading Software hereby grants the Licensee aperpetual, non- assignable, non-transferable, and non-exclusive object code license to install anduse the Software solely for Licensee's personal (non-commercial) use purposes. This license is nota sale of the original or any copy of the Software. You own the media, on which the Software isrecorded, but not the Software itself, or any copy of it. The license is subject to the followingrestrictions:
1.1 The Software is only available electronically and will not be available in any other format. TheSoftware shall be deemed delivered to Licensee upon BOTMUDRA Trading Software making available toLicensee the Software Subscription Key. Licensee understands and agrees that the SoftwareSubscription Key provided by BOTMUDRA Trading Software is required to enable the Software during theterm of this Agreement and by installing the Software, Licensee agrees to the terms andconditions provided in this End User License Agreement.
1.2 Licensee may only install and use the Software on one computer. You may also permit amaximum of one (1) computer or other electronic devices (each a "Device")
1.3 Licensee may make a single copy of the Software for backup and archival purposes only. Thecopy must contain all proprietary notices included in the original. Your back-up copy may not beinstalled or used on any computer.
In addition, Licensee may not, or contract any party to:
1. Reverse engineer the source code of the Software by decompiling, disassembling or translatethe Software code, or otherwise display the Software in human readable form.
2. Modify the Software code without the written consent of BOTMUDRA Trading Software.
3. Sell, license, rent, lend, distribute or otherwise transfer the Software to another person, firm orlegal entity.
4. Reproduce, distribute or publicly display the Software except as defined above, or createderivative works of the Software.
5. Remove any proprietary BOTMUDRA Trading Software notices pertaining to the Software.

2. DESCRIPTION OF OTHER RIGHTS AND LIMITATIONS
2.1 Maintenance of Copyright Notices
You must not remove or alter any copyright notices on any and all copies of the BOTMUDRA TRADINGSOFTWARE.

2.2 Distribution
You may not distribute copies of the BOTMUDRA Trading Software Trading Software to third parties.Evaluation versions, if and when available for download from BOTMUDRA Trading Software‘s websitesmay be freely distributed.

2.3 Prohibition on Reverse Engineering, DE compilation, and Disassembly
You may not reverse engineer, decompile, or disassemble the BOTMUDRA Trading Software, except andonly to the extent that such activity is expressly permitted by applicable law notwithstanding thislimitation.

2.4 Rental
You may not rent, lease, or lend the BOTMUDRA Trading Software.

2.5 User Account
A User Account (“Account”) is mandatory to be able to use the BOTMUDRA Trading Software. By creatingan Account, you agree to and must provide your valid e-mail address, your real name and any otherinformation required to complete the Account creation process. The Account is personal; it is notpermitted to share the use of the BOTMUDRA Trading Software between multiple persons via a singleAccount. You agree to the mandatory check performed regularly over the Internet by the BOTMUDRA Trading Software to validate your licensed use of BOTMUDRA Trading Software with your Account details.

2.6 Support Services
BOTMUDRA Trading Software may provide you with support services related to the BOTMUDRA Trading Software(“Support Services”). Any supplemental software code provided to you as part of the SupportServices shall be considered part of theBOTMUDRA Trading Software and subject to the terms andconditions of this EULA. The BOTMUDRA Trading Software and Support Services are available only inEnglish. BOTMUDRA Trading Software may, at its sole discretion, communicate or produce content inother languages with no further obligation to provide the BOTMUDRA Trading Software and SupportServices in additional languages.

2.7 Compliance with Applicable Laws
You must comply fully with all applicable laws of the country regarding use of the BOTMUDRA Trading Software. We have no legal obligation on the subject.

3. UPGRADES
Any Software and related documentation provided as a part of an upgrade to an earlier licensedSoftware release must have a valid license to operate such earlier releases of the same versionand edition as the upgrade to install or use the upgrade. All software being upgraded is deemed tobe part of the Software and is subject to this Agreement.

4. COPYRIGHT
All title, including but not limited to copyrights, in and to the BOTMUDRA Trading Software and anycopies thereof are owned by BOTMUDRA Trading Software or its suppliers. All title and intellectualproperty rights in and to the content which may be accessed through use of the BOTMUDRA TradingSoftware is the property of the respective content owner and may be protected by applicablecopyright or other intellectual property laws and treaties. This EULA grants you no rights to usesuch content. All rights not expressly granted are reserved by BOTMUDRA Trading Software. All Softwarecode is protected by copyright laws and international treaty provisions, as well as otherintellectual property laws and treaties.

5. NO ADDITIONAL RIGHTS OR LICENSES
Except for the rights granted in this Agreement, the Licensee, acknowledges and agrees that allother rights and title in and to the Software and related documentation, remains the sole and exclusive property of BOTMUDRA Trading Software. The Licensee will not assert any title or interest in orto the Software or related documentation.
The Licensee does not receive any rights to any intellectual property rights in the Software codeor the related documentation or any other BOTMUDRA Trading Software trademarks.

6. TERM OF AGREEMENT & TERMINATION
This Agreement and license is effective from the time of purchase until terminated. Licensee mayterminate the Agreement at any time by destroying all copies of the Software. BOTMUDRA TradingSoftware may terminate any license if Licensee fails to comply with any of the terms of thisAgreement. Upon the termination the Licensee must promptly return or destroy all copies of theSoftware and related documentation covered by the license to BOTMUDRA Trading Software.
6.1 Terminate This Agreement with No further obligation.
BOTMUDRA Trading Software shall have no liability for, and no obligation to defend you against, anyclaim of infringement to the extent such claim is based on (a) use of BOTMUDRA Trading Software orservices outside the scope of this Agreement; (b) use of a superseded or altered release of the BOTMUDRA Trading Software if the infringement would have been avoided by the use of a current unalteredrelease of theBOTMUDRA Trading Software; (c) the combination, operation, or use of BOTMUDRA TradingSoftware with other software, hardware or other materials if such infringement would have beenavoided by the use of theBOTMUDRA Trading Software without such software, hardware or othermaterials; (d) a theory of inducement of infringement or contributory infringement; (e) anymodification of the BOTMUDRA Trading Software not made by BOTMUDRA Trading Software; (f) your use of theBOTMUDRA Trading Software after BOTMUDRA Trading Software’s notice that you shall cease use of the BOTMUDRA Trading Software due to such claim; (g) the amount or duration of use of the Software, revenueyou earn from services you provide which utilize the Software, or services you offer to external orinternal licensees; or (h) a business method or process that is inherent to your business; (i) anycontent, data, or specifications provided by you or your agents. You shall defend, indemnify andhold harmless BOTMUDRA Trading Software from and against any and all damages, liabilities, losses,penalties, interest and other expenses (including, without limitation, reasonable attorney’s fees)arising out of a claim made or action threatened against BOTMUDRA Trading Software arising from theforegoing.

7. WARRANTY DISCLAIMER
BOTMUDRA Trading Software provides no warranties or damages, whether express, statutory, or implied,for the Software. The Software and documentation are provided ‘AS IS AND WITH ALL FAULTS’and without warranties of any kind, express, statutory or implied, including but not limited to, theimplied warranties of merchantability, fitness for a particular purpose and non-infringement. Theentire risk as to performance and quality of the Software and its documentation rests entirely bythe Licensee. Should the Software and its documentation prove to be insufficient or defective inany way, the Licensee, not BOTMUDRA Trading Software, assumes the entire cost servicing and/or repair.BOTMUDRA Trading Software does not warrant that the functions contained in the Software meets theLicensees requirements, that it operates uninterrupted or error free, that defects in the Softwarewill be corrected or that it operates in a combination the Licensee may select for use. No oral orwritten statement by BOTMUDRA Trading Software or any representative of BOTMUDRA Trading Software shallcreate a warranty or increase the scope of this warranty. BOTMUDRA Trading Software does not warrantthat the Software will work with any given databases, platforms, or 3rd party brokers. TheLicensee acknowledges that due to the complexity of the Software, it is possible that use of theSoftware can lead to unintentional loss or corruption of data. The Licensee assumes all risks ofdata loss or corruption. Warranties provided in this Agreement do not cover any damages orlosses resulting from data loss or corruption.

8. LIMITATION OF LIABILITY AND REMEDIES; NO CONSEQUENTIAL OR OTHER DAMAGES
The entire remedies for the Licensee and liability of BOTMUDRA Trading Software are defined herein.

8.1 Exclusive Remedy
Notwithstanding any damages that you might incur for any reason whatsoever (including, withoutlimitation, all damages referenced above and all direct or general damages), the entire liability ofBOTMUDRA Trading Software and any of its suppliers under any provision of this EULA and yourexclusive remedy for all of the foregoing (except for any remedy of repair or replacement electedby BOTMUDRA Trading Software with respect to any breach of the Agreement) shall be limited to thegreater of the amount actually paid by you as evidenced by your receipt for the Software. Theforegoing limitations, exclusions and disclaimers shall apply to the maximum extent permitted byapplicable law, even if any remedy fails its essential purpose.

8.2 Exclusion of Incidental, Consequential and Certain Other Damages
IN NO EVENT SHALL BOTMUDRA Trading Software OR ITS SUPPLIERS BE LIABLE FOR ANY SPECIAL,INCIDENTIAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES WHATSOEVER(INCLUDING, BUT NOT LIMITED TO, DAMAGES FOR LOSS OF PROFITS OR CONFIDENTIAL OROTHER INFORMATION, FOR BUSINESS INTERUPTION, FOR LOSS OF PRIVACY, FOR FAILURETO MEET ANY DUTY INCLUDING OF GOOD FAITH OR OF REASONABLE CARE, FORNEGLIGENCE, AND FOR ANY OTHER PECUNIARY OR OTHER LOSS WHATSOEVER) ARISINGOUT OF OR IN ANY WAY RELATED TO THE USE OF OR INABILITY TO USE THE SOFTWARE,THE PROVISION OF OR FAILURE TO PROVIDE SUPPORT OR OTHER SERVICES,INFORMATION, DOCUMENTATION, SOFTWARE, AND RELATED CONTENT THROUGH THESOFTWARE OR OTHERWISE ARISING OUT OF THE USE OF THE SOFTWARE, OR OTHERWISEUNDER OR IN CONNECTION WITH ANY PROVISION OF THIS EULA, EVEN IN THE EVENT OFTHE FAULT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, BREACH OF CONTRACT ORBREACH OF WARRANTY OF BOTMUDRA Trading Software OR ANY SUPPLIER, AND EVEN IF BOTMUDRA Trading Software OR ANY SUPPLIER HAS BEEN ADVISED OF THE POSSIBILITY OF SUCHDAMAGES.Furthermore, the Licensee agrees that BOTMUDRA Trading Software will not be liable fordefense or indemnity with respect to any claim against Licensee by any third party arising from itspossession, use of the Software or documentation. To the extent that certain jurisdictions do notallow the exclusion or limiting of relief, incidental or consequential damages, the above limitationor exclusion may not apply to all Licensees.
YOU ARE NOT ENTITLTED TO ANY DAMAGES EXCEPT AS PROVIDED FOR HEREIN THISAGREEMENT, INCLUDING BUT NOT LIMITED TO CONSEQUENTIAL DAMAGES, to themaximum extent allowed by applicable law, even if any remedy fails of its essential purpose.

9. INTERNET TRADING RISKS
Risks associated with using internet based execution trading system include, but are not limitedto, failure of the Licensees’ hardware, Software, and/or internet connection. AsBOTMUDRA TradingSoftware does not control signal power, its reception or routing via the internet, configuration ofyour equipment or reliability of its connection, we cannot be responsible for communicationfailures, distortions or delays when trading via the internet.

9.1 Risk Warning
Trading foreign exchange on margin carries a high level of risk and may not be suitable for allinvestors. The high degree of leverage can work against you as well as for you. Before deciding totrade foreign exchange you should carefully consider your investment objectives, level ofexperience, and risk appetite. The possibility exists that you could sustain a loss in excess of yourinitial investment with no exception for expert advisor and managed account. You should be awareof all the risks associated with foreign exchange trading and seek advice from an independentfinancial advisor if you have any doubts.

10. ENTIRE AGREEMENT
This Agreement is the complete Agreement between BOTMUDRA Trading Software and the Licensee. Itsupersedes all prior agreements, oral or written with respect to the Software. Failure or delay ofBOTMUDRA Trading Software to exercise any of its rights under the Agreement or upon any breach of thisAgreement shall not be deemed a waiver of those rights or of the breach. By continuing to installthe Software, you hereby agree to be bound by the terms of this Agreement and all the conditionsand indemnities contained herein. Trading any financial instrument or market on margin carries ahigh level of risk, and may not be suitable for all investors or speculators. The high degree ofleverage can work against you as well as for you. Before deciding to trade in any financial marketyou should carefully consider your investment objectives, level of experience, and risk appetite.The possibility exists that you could lose some or all of your initial investment, and therefore youshould not invest or trade speculatively with money that you cannot afford to lose. You should beaware of all the risks associated with trading in any market and seek advice from an independentfinancial advisor if you have any doubts.
Any opinions, news, research, analysis prices, forecasts or other information contained on this siteis provided as general market commentary only, and does not constitute investment advice. BOTMUDRA Trading Software will not accept liability for any loss or damage, including without limitation to,any loss of profit, which may arise directly or indirectly from use of or reliance on such information. BOTMUDRA Trading Software makes no claims whatsoever regarding past or futureperformance. Past results are no indication of future performance. Any trade alert is foreducational purposes only. Hypothetical or simulated performance results have certain inherentlimitations. Unlike an actual performance record, simulated results do not represent actualtrading.
In fact, there are frequently sharp differences between hypothetical performance results and theactual results subsequently achieved by any particular trading program. One of the limitations ofhypothetical performance trading results is that they are generally prepared with the benefit ofhindsight. In addition, hypothetical trading does not involve financial risk, and no hypotheticaltrading record can completely account for the impact of financial risk in actual trading. Forexample, the ability to withstand losses or to adhere to a particular trading program in spite oftrading losses are material points which can also adversely affect actual trading results. There arenumerous other factors related to the markets in general or to the implementation of any specifictrading program which cannot be fully accounted for in the preparation of hypotheticalperformance results and all of which can adversely affect actual trading results. No representationis being made that any account will, or is likely to, achieve profits or lossessimilar to anydiscussed or shown anywhere on the website.

11. DISCLAIMER
Trading any financial instrument or market on margin carries a high level of risk, and may not besuitable for all investors or speculators. The high degree of leverage can work against you as wellas for you. Before deciding to trade in any financial market you should carefully consider yourinvestment objectives, level of experience, and risk appetite. The possibility exists that you couldlose some or all of your initial investment, and therefore you should not invest or trades peculatively with money that you cannot afford to lose.You should be aware of all the risks associated with trading in any market, and seek advice from an independent financial advisor ifyou have any doubts. Any opinions, news, research, analysis prices, forecasts or other information contained on this site is provided as general market commentary only, and does not constituteinvestment advice. BOTMUDRA Trading Software will not accept liability for any loss or damage, includingwithout limitation to, any loss of profit, which may arise directly or indirectly from use of orreliance on such information. BOTMUDRA Trading Software makes no claims whatsoever regarding pastor future performance. Past results are no indication of future performance. Any trade alert is foreducational purposes only. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actualtrading. In fact, there are frequently sharp differences between hypothetical performance resultsand the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance trading results is that they are generallyprepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk inactual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actualtrading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in thepreparation of hypothetical performance results and all of which can adversely affect actualtrading results. No representation is being made that any account will, or is likely to, achieveprofits or losses similar to any discussed or shown anywhere on the website.

12. GOVERNMENT REQUIRED RISK DISCLAIMER
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAINLIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOTREPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THERESULTS MAY HAVE UNDER-OR- OVER COMPENSATED FOR THE IMPACT, IF ANY, OFCERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADINGPROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITHTHE BENEFIT OF HINDSIGHT.NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNTWILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.GOVERNMENT REGULATIONS REQUIRE DISCLOSURE OF THE FACT THAT WHILE THESEMETHODS MAY HAVE WORKED IN THE PAST, PAST RESULTS ARE NOT NECESSARILYINDICATIVE OF FUTURE RESULTS. WHILE THERE IS A POTENTIAL FOR PROFITS THERE ISALSO A RISK OF LOSS. A LOSS INCURRED IN CONNECTION WITH TRADING FUTURES,STOCKS, FOREX, OPTIONS OR ANY KIND OF OTHER TRADING PRODUCTS CAN BESIGNIFICANT. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADINGIS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION SINCE ALL SPECULATIVETRADING IS INHERENTLY RISKY AND SHOULD ONLY BE UNDERTAKEN BY INDIVIDUALSWITH ADEQUATE RISK CAPITAL.

13. CONFIDENTIALITY
13.1 Confidential Information” shall not include (a) information that is in the public domain (otherthan as a result of a breach of this Agreement), (b) information that is disclosed to a Party or anyof its affiliates, without continuing restrictions on its use or disclosure, by a third party that hasthe right to make such disclosure.
(c) information the Party can demonstrate to have been known to it or to any of its affiliates bylawful means prior to its disclosure by the other Party and (d) information the Party candemonstrate was independently developed by it or any of its affiliates without the use of anyConfidential Information of the other Party, and other than in connection with this Agreement.
13.2 The Parties agree to hold all Confidential Information of the other Party in strict confidenceand trust for the benefit of the owner, to use the Confidential Information of the other Party forthe sole purpose of performing work pursuant to this Agreement and not copy ConfidentialInformation of the other Party, except as reasonably necessary to perform work pursuant to thisAgreement.
13.3 All materials containing or derived from Confidential Information will be returned promptlyto the owner thereof or destroyed upon the earlier of: (a) termination of this Agreement, or (b) theowner’s written request. The Party returning Confidential Information will certify in writing that,to the best of such Party’s knowledge, all tangible materials containing such ConfidentialInformation have been returned to the owner or destroyed and that all such ConfidentialInformation stored electronically, magnetically, optically or in some other non-tangible form hasbeen destroyed.
13.4 You may provide suggestions, comments, or other feedback (collectively, “Feedback”) to BOTMUDRA Trading Software with respect to its products and services, including the BOTMUDRA Trading Software.Feedback is voluntary and BOTMUDRA Trading Software is not required to hold it in confidence. BOTMUDRA Trading Software may use Feedback for any purpose without obligation of any kind. To the extenta license is required under your intellectual property rights to make use of the Feedback, youhereby grant BOTMUDRA Trading Software an irrevocable, non-exclusive, perpetual, royalty-free licenseto use the Feedback in connection with BOTMUDRA Trading Software’s business, including enhancementof the BOTMUDRA Trading Software.
13.5 BOTMUDRA Trading Software may transfer, store and process your data in the India or any othercountry in which BOTMUDRA Trading Software or its agents maintain facilities.

14. MISCELLANEOUS
14.1 If any provision of this Agreement is determined by a court of competent jurisdiction to beinvalid or unenforceable, that provision shall be severed and modified to the extent necessary tomake such provision enforceable, and the remainder of this Agreement shall remain valid and fullyenforceable.
14.2 If any provision of this Agreement is determined by a court of competent jurisdiction to beinvalid or unenforceable, that provision shall be severed and modified to the extent necessary tomake such provision enforceable, and the remainder of this Agreement shall remain valid and fullyenforceable.
14.3 This Agreement shall be governed by and construed in accordance with the internal laws ofthe State of Haryana, India. Without regard to conflict of law principles thereof. Any disputebetween the parties which arises out of or is related to this Agreement shall be instituted andprosecuted only in the appropriate state or federal court or other tribunal situated in Gurgaon in the State of Haryana, India. The parties hereby submit to the exclusive jurisdiction ofsuch courts and tribunals for purposes of any such action and the enforcement of any judgment ororder arising therefrom. The parties hereby waive any right to a change of venue and any and allobjections to the jurisdiction of the state and federal courts and other tribunals located inGurgaon in the State of Haryana, India.
14.4 This Agreement constitutes the complete and exclusive statement of the agreement of theparties relative to the subject matter hereof and supersedes all previous oral and writtenproposals, negotiations, representations, understandings, contracts or agreements (includingprevious End User License Agreements) concerning such subject matter.
14.5 If BOTMUDRA Trading Software retains legal counsel to enforce any term or condition of thisAgreement against you (including but not limited to the commencement of a legal proceeding),you agree to reimburse BOTMUDRA Trading Software for its expenses in connection thereto, includingcourt costs and reasonable attorneys’ fees. You agree that BOTMUDRA Trading Software shall be entitledto injunctive or other equitable relief for any breach of the provisions of this Agreement.
14.6 You shall institute reasonable measures to ensure compliance with this Agreement. Upon therequest of BOTMUDRA Trading Software, you shall provide reports as to usage as may be necessary toverify compliancewiththisAgreement. BOTMUDRA TradingSoftwareshallhavetheright, uponreasonable notice, to inspect your facilities to verify compliance with this Agreement. You shallalso provideBOTMUDRA Trading Software with access to all data related to transactions that passthrough the BOTMUDRA Trading Software.
14.7 BOTMUDRA Trading Software may refer to you as being a client of BOTMUDRA Trading Software in customerreference lists, sales presentations, and in any advertising or press release without your priorwritten consent.
14.8 BOTMUDRA Trading Software shall follow all applicable federal, state, local and other laws as suchlaws may be amended from time to time in performing its obligations pursuant to this Agreement.
14.9 This Agreement may be accepted in electronic form (e.g., by an electronic or digital signatureor other means of demonstrating assent) and your acceptance will be deemed binding between theparties. You agree that you will not contest the validity or enforceability of this Agreementbecause it was accepted in electronic form.