• Red E Charge, LLC

    General Terms and Conditions

    Purchase of Products and / or Services

    1. Agreement.

    These General Terms and Conditions (“Terms”) govern

    Company’s purchase of electric vehicle (EV) charging

    stations and related services from Red E.

    All requests for the purchase of products and services or

    modifications of products and services purchased from Red

    E are subject to acceptance or rejection by Red E in its sole

    discretion.

    When Red E issues an Invoice to Company and Company

    accepts the Invoice, these Terms, and Exhibits A, B, and C

    to these Terms are incorporated by reference and together

    constitute the full and final agreement between Red E and

    Company (“Agreement”).

    Any additional printed terms and / or conditions in

    Company’s purchase order or other documents conflicting

    with or adding to these terms, shall be of no force and

    effect, unless an authorized representative of Red E agrees

    in writing to accept such additional terms and /or

    conditions.

    Company accepts an Invoice when it: 1) signs the Invoice

    (physically or electronically); 2) indicates in writing that it

    accepts the invoice including by email; 3) makes any

    payment on the Invoice, including a deposit; or 4) creates

    an account on the Red E Customer Portal.

    This Agreement may not be modified by course of dealing,

    course of performance or usage of trade. This Agreement

    supersedes all previous written or oral quotations,

    statements, or agreements.

    2. License.

    When the Invoice provides for installation or servicing of

    Red E products and / or services, Company grants a non-

    exclusive irrevocable license to Red E to install and service

    the EV Charging Stations at the Site, for the Term and any

    Renewal Term.

    3. Initial Inspection Period.

    Notwithstanding anything to the contrary contained in this

    Agreement, if the Invoice provides for the installation of

    EV Charging Stations or other Equipment, Red E shall

    have a period of up to thirty (30) days from when Red E

    receives Utility Sign Off, to determine that the Site is

    satisfactory for the installation of EV Charging Stations at

    the price on the Invoice.

    If Red E determines in its sole and exclusive discretion,

    that the Site is not satisfactory for the installation of EV

    Charging Stations it must give written notice to the

    Company within seven (7) days that the Site is not suitable

    for installation of EV Charging Systems, at which point

    any services for the installation of EV Charging Systems

    shall be stricken from Invoice and payment made by the

    Company for the installation of EV Charging Systems or

    Equipment will be refunded to Company.

    4. Application for Grants and / or Rebates.

    If requested by Company Red E may, but is not obligated

    to, provide guidance or assistance in the preparation and

    submission of applications for grants and rebates related to

    the installation and use of EV Charging Stations, at no

    charge to the Company.

    5. Delivery / Shipping.

    Shipping Costs. The cost of shipping is indicated on the

    Invoice.

    Shipping Terms. All shipping, unless otherwise indicated

    on the Invoice shall be F.O.B. Red E’s point of shipment,

    freight prepaid. Delivery by Red E to the point of shipment

    (i.e., the location of Red E's warehouse) constitutes

    delivery to the Company, and title and all risk of loss or

    damage in transit shall pass to the Company at the time of

    delivery at the F.O.B. point. Red E is not responsible for

    breakage after having received “in good order” receipts

    from the carrier. Company is responsible for pursuing any

    damage claims with the carrier. No allowance will be made

    in lieu of transportation if the Company accepts shipment

    at factory, warehouse or freight station or otherwise

    supplies its own transportation. Freight prepaid is defined

    as: A) Shipments to destinations within the continental

    United States to the accessible common carrier point

    nearest the first destination. B) Shipments to U.S.

    destinations outside the continental United States shall be

    to the common carrier free delivery point in the United

    States nearest the original port of embarkation. All charges

    associated with F.A.S., C.I.F., or other charges such as pier

    transfer, lift, ocean freight, and marine or war insurance

    shall be paid by the Company, unless otherwise specified

    in the Invoice. In no event will Red E be responsible for

    demurrage or detention charges. All shipping dates are

    approximate and are based upon prompt receipt of all

    necessary information and required payments from

    Company.

    Transfer of Title. Delivery of the Equipment to Company

    shall be completed upon delivery of the Equipment to

    Company’s freight forwarder. Red E shall use

    commercially reasonable efforts to deliver the Equipment

    ordered by Company on or before the scheduled delivery

    date. Unless otherwise agreed in the Invoice, all Equipment

    ordered by Company shall be packed for shipment and

    storage in accordance with Red E’s standard commercial

    practices. It is Company’s obligation to notify Red E of

    any special packaging requirements (which shall be at

    Company’s expense). All claims for non-conforming

    shipments must be made in writing by Company to Red E

    within twenty (20) days of Company’s receipt of the

    Equipment. Any claims made after such period shall be

    deemed waived and released.

    Substitutions. Red E shall have the right to make

    substitutions and modifications to the Equipment and the

    specifications of the Equipment to be delivered under the

    terms of any applicable Invoice, provided that such

    substitutions or modifications will not significantly alter

    the performance, functionality, or safety of the Equipment.

    Red E assumes no liability for deviation from published

    dimensions and descriptive information not essential to

    proper performance of the product.

    6. Installation and Site Preparation.

    If the Invoice provides for the installation of EV Charging

    Stations, Red E will plan, prepare, and install the Charging

    Stations at the Site. In some cases, Red E may need to

    prepare the Site, this includes but is not limited to,

    electrical service upgrades, installing conduit runs, running

    wiring, installing cell repeaters, ensuring cellular coverage

    and other Site work necessary to prepare the Site. Any

    costs associated with preparing the Site are covered in the

    Invoice. Red E may elect to use third parties for these

    services at its sole and exclusive discretion. Red E cannot

    guarantee a specific date when the EV Charging Stations

    will be installed. However, in most cases Red E will install

    the EV Charging Stations within 6 months of the

    completion of any necessary Site preparations.

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    7. Warranty, Extended Warranty, and Limitation of

    Liability.

    OEM Warranty. The EV Charging Stations are covered by

    the terms of original manufacture warranty that comes with

    the EV Charging Stations (“OEM Warranty”). RED E

    DOES NOT PROVIDE ANY ADDITIONAL

    WARRANTY OUTSIDE THE OEM WARRANTY. A

    copy of the OEM Warranty can be obtained by reaching

    out to an authorized Red E representative.

    Disclaimer of Warranties. EXCEPT FOR THE OEM

    WARRANTY PROVIDED WITH THE EV CHARGING

    STATIONS, RED E MAKES NO WARRANTIES,

    EITHER EXPRESS, IMPLIED, STATUTORY OR

    OTHERWISE, WITH RESPECT TO THE

    PERFORMANCE OF THE EV CHARGING STATIONS,

    OR ANY PRODUCTS AND OR SERVICES PROVIDED

    UNDER THE INVOICE. RED E EXPRESSLY

    DISCLAIMS ALL OTHER WARRANTIES,

    INCLUDING, BUT NOT LIMITED TO, ANY IMPLIED

    WARRANTIES OF NON-INFRINGEMENT OF THIRD-

    PARTY RIGHTS, MERCHANTABILITY, AND

    FITNESS FOR A PARTICULAR PURPOSE. RED E

    DOES NOT WARRANT THAT THE OPERATION OF

    THE EV CHARGING STATIONS WILL BE

    UNINTERRUPTED OR ERROR-FREE.

    Limitation of Liability. NOTWITHSTANDING

    ANYTHING TO THE CONTRARY CONTAINED IN

    THIS AGREEMENT, EXCEPT FOR A PARTY’S

    INDEMNIFICATION OBLIGATIONS HEREUNDER, IN

    NO EVENT SHALL RED E BE LIABLE TO COMPANY

    FOR ANY INDIRECT, INCIDENTAL, SPECIAL,

    CONSEQUENTIAL OR PUNITIVE DAMAGES

    ARISING OUT OF THESE TERMS OR THE

    TRANSACTIONS CONTEMPLATED HEREUNDER,

    WHETHER FOR BREACH OF CONTRACT, TORT

    (INCLUDING NEGLIGENCE), OR OTHERWISE, AND

    WHETHER OR NOT SUCH PARTY OR ITS AGENTS

    HAVE BEEN ADVISED OF THE POSSIBILITY OF

    SUCH DAMAGES.

    COMPANY’S SOLE REMEDY FOR ANY BREACH BY

    RED E OF ITS OBLIGATIONS OR WARRANTIES

    UNDER THESE TERMS SHALL BE LIMITED TO, AT

    RED E’S OPTION, EITHER THE REPAIR OR

    REPLACEMENT OF THE EV CHARGING STATIONS

    THAT DO NOT CONFORM TO THE SPECIFICATIONS

    SET OUT IN THE INVOICE, OR A REFUND BY RED E

    OF ALL OR A PART OF THE PURCHASE PRICE OF

    THE NON-CONFORMING EV CHARGING STATIONS.

    Warranty Exclusions. The OEM Warranty set forth in this

    Agreement is subject to certain exclusions as more fully set

    forth in the OEM Warranty. COMPANY HAS BEEN

    INFORMED AND UNDERSTANDS THAT, IN THE

    EVENT ANY SUCH EXCLUSION BECOMES

    APPLICABLE, ALL REPRESENTATIONS AND

    WARRANTIES CONTAINED IN THIS AGREEMENT

    SHALL IMMEDIATELY BECOME NULL AND VOID.

    Exclusive Remedies. THE REMEDIES PROVIDED IN

    SECTION 7 ARE COMPANY’S SOLE AND

    EXCLUSIVE REMEDIES, AND THEY REPLACE ANY

    OTHER RIGHTS OR REMEDIES THAT COMPANY

    MAY HAVE AGAINST RED E WITH RESPECT TO

    THE NON-CONFORMANCE OF THE EV CHARGING

    STATIONS OR OTHER PRODUCTS AND/OR

    SERVICES PROVIDED BY RED E UNDER THE

    INVOICE.

    8. Extended Warranty – Labor Only.

    The service covered by this Section 8 is only applicable

    if the Operation & Maintenance Plan is purchased on

    the Invoice.

    If Company has purchased the Operation & Maintenance

    Plan as reflected by the Invoice, the Operation &

    Maintenance Terms and Conditions attached as Exhibit B

    shall apply.

    9. Subscription to Red E – Enterprise Software.

    All EV Charging Stations sold by Red E are designed to

    work on and require a subscription to Red E’s cloud-based

    application services (“Red E – Enterprise Software”),

    which provides features such as remote monitoring and

    control, usage reporting, and customer support.

    If the Invoice provides for the purchase of EV Charging

    Stations or the purchase of Red E – Enterprise Software,

    Company agrees to be bound by the Red E – Enterprise

    Software terms and conditions in addition to these Terms.

    The Red E – Enterprise Software Terms and Conditions are

    attached as Exhibit C.

    10. Payment of Invoices.

    Payment. Unless otherwise indicated on the Invoice, all

    payments will be due and payable to Red E in cash on the

    Effective Date.

    Finance Charges. Unless otherwise indicated on the

    Invoice, Company agrees to pay finance charges on the

    unpaid balance of all amounts, less any applicable

    payments and credits, from the Effective Date at a rate of

    three percent (3%) per month, or the highest applicable and

    lawful rate on such unpaid balance, whichever is lower.

    Remedies for Non-Payment. Upon Company failing to

    cure any default of the payment terms in this Section 10 of

    Terms for seven (7) days after receipt of written notice by

    Red E of such breach, Red E may, in addition to any other

    rights or remedies it may have at law, under these Terms,

    or otherwise: 1) declare the entire balance of Company’s

    account immediately due and payable; 2) foreclose any

    security interest in any such goods delivered; 3) deduct

    outstanding amounts from any charging fees the Company

    may be entitled to due to use of the Red E - Enterprise

    Software; 4) refuse to deliver any of the products or

    services provided for in the Invoice; 5) terminate the

    Invoice; and / or 6) Disable the EV Charging Stations or

    Red E - Enterprise Software.

    In the event of any dispute, Red E shall be entitled to

    recover all reasonable costs and expenses, including but

    not limited to any costs of collection incurred by Red E, in

    connection with the enforcement of these Terms including

    all reasonable attorneys’ fees.

    Set-off. Company shall not be entitled to any reduction by

    set-off or otherwise without the express written consent of

    Red E’s Chief Financial Officer, except if such set-off is as

    a result of a right to a refund under these Terms.

    Taxes, Duties, and Shipping Fees. Unless otherwise

    indicated on the Invoice all taxes, duties, and shipping fees

    of any sort shall be the sole cost and responsibility of the

    Company.

    11. Security Interest.

    Red E shall retain a purchase money security interest in the

    EV Charging Stations and other products delivered to

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    Company under the Invoice until entire purchase price is

    paid to Red E by Company. Company hereby grants to Red

    E a security interest in all of the right, title and interest of

    Company in and to the EV Charging Stations and other

    products delivered by Red E under the Invoice. The

    security interest granted herein shall secure the payment of

    all amounts due and owing under this Agreement.

    Company hereby authorizes Red E to file all financing

    statements and other documents deemed necessary by Red

    E to perfect the security interest granted herein.

    Company hereby waives any rights Company may have to

    require Red E to proceed against any person or property,

    and hereby waives any rights Company may have to

    require Red E to proceed in any particular order against

    any person or property.

    Company hereby agrees that Red E may accelerate the

    maturity of the obligations secured by this security interest

    upon the occurrence of default of these Terms.

    Upon payment in full for the products and / or services

    delivered under Invoice, Red E shall promptly file a

    termination statement or other documented needed to

    discharge any applicable security interest of Red E.

    12. Termination.

    Red E and Company agree that the products and / or

    services provided for on the Invoice may be terminated in

    the following manner:

    a. At the expiration of the Term;

    b. Pursuant to Section three (3) of these Terms;

    c. Pursuant to Section ten (10) of these Terms; and

    d. Upon the default of Company under the

    Agreement.

    Any termination of the Agreement shall be

    accompanied by notice of the same in accordance

    with the notice requirements of these Terms.

    13. Effect of Termination

    Upon the termination of this Agreement:

    Red E shall have the right, at its option, to enter

    the Site and to remove any of the EV Charging

    Stations or other equipment installed by and

    owned by Red E;

    All amounts owing to Red E shall become

    immediately due and payable upon termination;

    Company shall be liable for any and all costs

    and expenses incurred by Red E in connection

    with the removal of the EV Charging Stations,

    other equipment installed by Red E, and any

    and all EV rebates Red E must return;

    Company shall cease its use of any intellectual

    property or licenses granted by Red E to

    Company; and

    Company will return any materials that Red E

    provided to Company during the Term of this

    Agreement.

    Termination of this Agreement by either Red E or

    Company for any reason shall not relieve the parties of any

    obligations accrued under this Agreement.

    Nothing in this Section 13 shall serve to limit any rights

    and remedies Red E would have against Company for

    termination of this Agreement.

    14. Intellectual Property.

    Company shall not: (i) create derivative works based on the

    products and / or services provided by Red E or its supplier

    of such products and / or services; (ii) copy, frame or

    mirror any part or content of the  products and / or services

    provided by Red E or its supplier of such products and / or

    services; (iii) reverse engineer any products and / or

    services provided by Red E or its supplier of such products

    and / or services; or (iv) access the products and / or

    services provided by Red E for any improper purpose

    whatsoever, including, without limitation, in order to (A)

    build a competitive product or service or (B) copy any

    features, functions, interface, graphics or “look and feel” of

    the products and / or services provided by Red E or its

    supplier of such products and / or services.

    All right, title and interest in and to any intellectual

    property related in any way to the Equipment is, and shall

    remain, the exclusive property of Red E. The term

    “intellectual property” shall mean, for purposes of these

    Terms, all of a party’s patents, patent applications, patent

    rights, copyrights, moral rights, algorithms, devices,

    application programming interfaces, databases, data

    collections, diagrams, inventions, methods and processes

    (whether or not patentable), know-how, trade secrets,

    trademarks, service marks and other brand identifiers,

    network configurations and architectures, proprietary

    information, protocols, schematics, specifications, software

    (in any form, including source code and executable code),

    techniques, interfaces, URLs, web sites, works of

    authorship, and all other forms of technology, in each case

    whether or not registered with a governmental entity or

    embodied in any tangible form and all rights and forms of

    protection of a nature similar to any of the foregoing or

    having equivalent effect anywhere in the world in any way

    arising prior to or during the term of these Terms.

    Any software or computer information, in whatever form

    such information is provided with the products and / or

    services purchased from Red E is licensed to Company

    solely pursuant to Red E – Enterprise Software Terms and

    Conditions or its supplier of such software or computer

    information which licenses are hereby incorporated by

    reference. Red E does not warrant that such software or

    computer information will operate error-free or without

    interruption, and warrants only that during the warranty

    period applicable to the EV Charging Stations, the software

    will perform its essential functions. If such software or

    computer information fails to conform to such warranty,

    Red E will, at its option, provide an update to correct such

    non-conformance or replace the software or computer

    information with the latest available version containing a

    correction. Red E shall have no other obligation to provide

    updates or revisions.

    15. Confidentiality.

    Company acknowledges that Confidential Information of

    Red E, including trade secrets and valuable business

    information, is to be kept confidential for two (2) years

    following termination. Company agrees to exercise due

    diligence to protect the integrity of Red E's Confidential

    Information and to not analyze, modify, or reverse

    engineer it. Company further agrees to Red E's restrictions

    due to their legitimate business interests. Company

    consents to Red E's use of its name in marketing materials.

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    16. Carbon Credits.

    Unless otherwise indicated on the Invoice, Red E shall

    have exclusive rights as it relates to any Carbon Tax

    Credits and any other credits that result from the use or

    existence of the EV Charging Stations.

    17. Governing Law and Jurisdiction.

    This Agreement shall be governed by and construed in

    accordance with the laws of the State of Michigan, without

    regard to its conflict of laws principles. Any disputes,

    actions, claims, or causes of action arising out of or in

    connection with this Agreement shall be exclusively

    subject to the jurisdiction of the state and federal courts

    located within the State of Michigan. The parties hereby

    submit to the personal jurisdiction and venue of such courts

    for the purpose of resolving any such disputes.

    18. Injunctive Relief.

    In the event of a breach or threatened breach by the

    Company of any provision of this Agreement, Red E shall

    be entitled, in addition to any other rights and remedies

    available to it at law or in equity, to seek injunctive relief

    or specific performance to enforce the provisions of this

    Agreement without the need to post a bond or other

    security. The pursuit of injunctive relief by Red E shall not

    limit or prejudice any other rights or remedies available to

    Red E under this Agreement or at law.

    19. Amendment.

    This Agreement may only be amended or modified by a

    written agreement signed by both Red E and Company. No

    oral or implied amendment or modification shall be

    binding on either party.

    20. Miscellaneous Provisions.

    Severability. In the event that any provision of this

    Agreement is determined to be unenforceable or invalid

    under applicable law or by a court of competent

    jurisdiction, such provision shall be modified or limited to

    the extent necessary to render it enforceable and valid. If

    such modification or limitation is not possible, the

    unenforceable or invalid provision shall be severed from

    this Agreement, and the remaining provisions shall remain

    in full force and effect. The parties shall make good faith

    efforts to replace the unenforceable or invalid provision

    with a valid and enforceable provision that achieves, to the

    extent possible, the original intent and economic effect of

    the severed provision.

    Attorneys’ Fees. In the event that any action at law or in

    equity is necessary to enforce the terms of this Agreement,

    the prevailing party shall be entitled to recover its

    reasonable attorneys' fees, costs, and expenses incurred in

    connection with such action, in addition to any other relief

    to which the prevailing party is entitled.

    Force Majeure. Neither party shall be liable for any failure

    or delay in the performance of its obligations under this

    Agreement if such failure or delay is caused by acts of

    God, fire, flood, war, terrorism, government action, or any

    other event beyond the reasonable control of the party

    ("Force Majeure Event"). The party affected by the Force

    Majeure Event shall promptly notify the other party in

    writing of the Force Majeure Event and its expected

    duration. During the continuance of the Force Majeure

    Event, the affected party's obligations under this

    Agreement shall be suspended to the extent and for the

    duration of such Force Majeure Event. The affected party

    shall use reasonable efforts to mitigate the effects of the

    Force Majeure Event and to resume performance under this

    Agreement as soon as reasonably practicable.

    Headings. The headings used in this Agreement are for

    convenience only and shall not be deemed to limit,

    interpret, or affect the provisions of this Agreement.

    Waiver. The failure of either party to enforce any provision

    of this Agreement shall not be deemed a waiver of future

    enforcement of that or any other provision. No waiver of

    any provision of this Agreement shall be effective unless it

    is in writing and signed by the waiving party.

    Counterparts and Electronic Signatures. This Agreement

    may be executed in any number of counterparts, each of

    which shall be deemed an original, but all of which

    together shall constitute one and the same instrument. This

    Agreement may be executed and delivered by facsimile,

    email, or other electronic means, and such facsimile, email,

    or electronic signature shall be deemed an original for all

    purposes.

    Further Assurances. Each party agrees to promptly execute

    and deliver, or cause to be executed and delivered, any

    further documents, instruments, or agreements and to take

    any further actions that may be necessary or desirable to

    give full effect to this Agreement and to carry out its

    provisions. Each party shall cooperate fully with the other

    party and provide any reasonable assistance that may be

    required to complete any such further documents,

    instruments, or agreements or to take any such further

    actions.

    Voluntary and Informed Execution. The parties hereby

    acknowledge that they have read and understood the terms

    and conditions of this Agreement, and that they have

    voluntarily and knowingly executed this Agreement

    without any duress, coercion, or undue influence. Each

    party further acknowledges that they have had the

    opportunity to seek independent legal advice regarding the

    terms and implications of this Agreement, and that they

    have executed this Agreement with full knowledge and

    understanding of its contents.

    Notices. Any notice, request, demand, or other

    communication required or permitted to be given by either

    party under this Agreement shall be in writing and shall be

    deemed to have been effectively given or served when

    delivered personally, sent by registered mail, or by email

    with confirmation of receipt to the respective addresses of

    the parties as set forth below:

    To Red E:

    As indicated on the Invoice.

    To Company:

    At the Site.

    Either party may change its address for notice by providing

    written notice to the other party in accordance with this

    section.

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    Exhibit A: Definitions

    1. "Company" refers to the entity(s) and / or individual(s) identified under the “BILL TO” section on the Invoices.

    2. "Red E" refers to Red E Charging LLC, a Michigan limited liability company.

    3. “Invoice” refers to invoices issued by Red E to Company for products and / or services.

    4. “Red E Customer Portal” refers to the platform that Company will use in setting up its use of the Red E – Enterprise Software Terms and Conditions.

    5. "EV Charging Stations" refers to the electric vehicle charging stations sold by Red E to Company pursuant to the Invoice.

    6. “Equipment” refers to the EV Charging Stations and / or any other physical products purchased from Red E by Company pursuant to the Invoice.

    7. “Term” refers to 5 years from the Effective Date, unless otherwise indicated on the Invoice.

    8. “Renewal Term” refers to any subsequent terms that may be agreed upon by Red E and Company.

    9. "Site" refers to the Company’s physical address identified on the Invoice under the “BILL TO” section, where the EV Charging Stations and / or

    Equipment will be installed or serviced.

    10. "Effective Date" refers to the date the Company accepted the Invoice pursuant to Section one (1) of the Terms.

    11. “Confidential Information” refers to any confidential and proprietary information of either party disclosed by Red E to Company, including without

    limitation, trade secrets, valuable business or professional information, and all terms and conditions of this Agreement.

    12. “Utility Sign Off” means when the applicable utility informs Red E of the required infrastructure to install the EV Chargers.

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    Exhibit B – Operation & Maintenance Terms and Conditions

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    Exhibit C – Red E – Enterprise Software Terms and Conditions

    RED E – ENTERPRISE SOFTWARE AS A SERVICE (SAAS) TERMS AND CONDITIONS

    1. Agreement and Applicability.

    These Red E – Enterprise Software as a Service (SaaS) Terms and

    Conditions (“SaaS Agreement”) are entered into as of the Effective

    Date (as defined in the Terms), between Red E (as defined in the

    Terms) (“Licensor”) and Company (as defined in the Terms)

    (“Subscriber”).

    For purposes of this SaaS Agreement, Subscriber and Licensor

    each will be referred to individually as a "Party" and together as

    "the Parties."

    Any capitalized terms used in this SaaS Agreement and not defined

    in this SaaS Agreement, shall have the meaning given to them in

    the Terms.

    This SaaS Agreement, the Invoice, and the Terms are incorporated

    in this SaaS Agreement by reference.

    In the event of a conflict between this SaaS Agreement, the Invoice

    and the Terms, the terms of the Invoice shall take precedence,

    followed by the terms of this SaaS Agreement, and finally the

    Terms.

    2. Definitions.

    “Application” shall mean the Licensor-developed application used

    by Subscriber for the Service hereunder;

    “Authorized User” shall mean one (1) of Subscriber’s employees

    and independent contractors working for Subscriber in the ordinary

    course of Subscriber’s business who: (i) agree to be bound by the

    terms of this SaaS Agreement; and (ii) are specifically authorized

    by Subscriber to access the Service;

    “Authorized Reseller” shall mean a third party authorized by Red

    E to sell the Service which are the subject of this SaaS Agreement.

    “Billing Start Date” shall mean the date identified on the Invoice

    as the date from which billing shall be calculated (which under no

    circumstances or if not indicated on the Invoice shall be later than

    the Service Start Date, as defined below);

    “Display Devices” shall mean any display device used to access

    and display the Service;

    “Service” shall mean Licensor’s service level subscribed to by

    Subscriber when they log into the Red E Customer Portal for the

    first time;

    “Service Start Date” shall mean the date from which Subscriber

    creates a profile on the Red E Customer Portal for the Service;

    “Fees” shall mean the fees payable pursuant to Section 4 hereof;

    “Office” shall mean the Site;

    “Invoice” shall mean the Invoice that sets out the commercial

    terms and is executed by the Parties, if Subscriber purchased the

    Service from Licensor. If Subscriber purchases the Service from an

    Authorized Reseller then Invoice shall mean whatever document

    outlines the fees and payments for the Service;

    “Term” shall mean a period of five (5) years;

    “Terms” Shall mean the General Terms and Conditions that are

    available upon request by emailing us at

    [info@redecharge.com].

    3. License to Receive the Service.

    Grant. Licensor hereby grants the Subscriber a limited,

    nonexclusive and non-transferable license, without right of

    sublicense, during the Term to access and display on Subscriber’s

    Display Devices within the United States, the Service, and to

    permit Authorized Users to use the Service, subject to the terms

    and conditions of this SaaS Agreement. All rights in the Service

    not expressly granted hereunder are reserved to Licensor.

    Scope. The license granted to Subscriber hereunder is limited to a

    single, authorized Application for the display and retrieval of the

    Service on an Authorized User’s desktop. The license does not

    extend to multiple applications for the display or retrieval of

    content within the Services. Subscriber shall have no right pursuant

    to this SaaS Agreement to distribute the Service in whole or in part

    over the internet, or via email or instant messaging, via an intranet,

    personal digital assistant, wireless application protocol, short

    message service or radio system. Nothing in this SaaS Agreement

    shall obligate Licensor to continue providing access to any Service

    beyond the date when Licensor ceases providing such Service to

    subscribers generally.

    Restrictions on Use. Subscriber shall not edit, alter, abridge or

    otherwise change in any manner the content of the Service,

    including, without limitation, all copyright and proprietary rights

    notices. Subscriber may not, and may not permit others to: (1)

    reverse engineer, decompile, decode, decrypt, disassemble, or in

    any way derive source code from, the software or Service; (2)

    modify, translate, adapt, alter, or create derivative works from the

    Service; (3) copy (other than one back-up copy), distribute,

    publicly display, transmit, sell, rent, lease, or otherwise exploit the

    Service; or (4) distribute, sublicense, rent, lease, loan, or grant any

    third party access to or use of the Service.

    4. Fees and Payment.

    In exchange for the license granted above, commencing on the

    Billing Start Date, Subscriber shall pay Licensor for the Term

    hereof the Fees, based on the Services and on any other

    commercial terms contained in this SaaS Agreement. Subscriber

    shall only be entitled to one Authorized User.

    5. Access.

    Delivery and Acceptance. The Service is delivered to Subscriber

    via the Display Device, Licensor will make the Service available to

    Subscriber as indicated on the Invoice. The Service will be deemed

    accepted upon the Service Start Date. Any updates, bug fixes, or

    upgrades (“Corrections”) to the Service will be deemed accepted

    by Subscriber on the day such Corrections are delivered.

    6. Copyright Protection;

    Use Restrictions; Security. Subscriber agrees that the Service

    specifications, including without limitation, the editorial coding

    and metadata contained therein, are the property of Licensor or

    Licensor’s licensors. The works and databases included in the

    content of the Service are protected by applicable copyright

    laws. Subscriber agrees that only Authorized Users shall be

    permitted access to the Service. Except as set forth herein, no

    clients or other persons or entities who are not legal employees of

    Subscriber or independent contractors consulting for Subscriber in

    the ordinary course of Subscriber’s business may be Authorized

    Users. Subscriber shall not reverse engineer, decompile or

    disassemble any part of the Service. Subscriber further agrees that

    neither Subscriber nor any Authorized User shall store (except as

    permitted under this SaaS Agreement for retrieval and display

    purposes only), copy, reproduce, retransmit, disseminate,

    sublicense, sell, distribute, publish, broadcast, circulate, create

    2

    derivative works (including, without limitation, trading

    algorithms), test algorithms in conjunction with, or distribute by

    any means the Service in whole or in part to anyone, including, but

    not limited to, other employees of Subscriber, without Licensor’s

    express prior written consent; provided, however, that Authorized

    Users may on an occasional basis in the normal course of business

    include limited portions of the Service (a) in oral and (with proper

    attribution to the respective Service) non-electronic written

    communications with clients and other employees, and (b) in email

    and instant messaging communications with other employees

    and/or securities professionals. Without limiting the foregoing,

    under no circumstances shall distribution under this Section by

    Subscriber be permitted if such distribution may be viewed as a

    substitute for a subscription to the Service itself. Subscriber agrees

    that when using the Service in this way, the facts, content, and

    intent of the Service will not be changed in form or in spirit or

    otherwise in any way be prejudicial to the integrity of the Service

    or Licensor. Other than as expressly set forth in this SaaS

    Agreement, no license or intellectual property rights owned or

    licensed by Licensor are granted to Subscriber, and all such rights

    are hereby expressly reserved.

    7. Disclaimer.

    SUBSCRIBER ACKNOWLEDGES AND AGREES THAT THE

    SERVICE(S), THE CONTENTS THEREIN, AND ANY

    ACCOMPANYING DOCUMENTATION ARE PROVIDED ON

    AN “AS IS,” “AS AVAILABLE” BASIS AND LICENSOR

    DOES NOT MAKE ANY AND HEREBY SPECIFICALLY

    DISCLAIMS ANY REPRESENTATIONS, ENDORSEMENTS,

    GUARANTEES, OR WARRANTIES, EXPRESS OR IMPLIED,

    INCLUDING, WITHOUT LIMITATION, ANY OF

    MERCHANTABILITY, FITNESS FOR A PARTICULAR

    PURPOSE, TITLE, OR NONINFRINGEMENT OF

    INTELLECTUAL PROPERTY RIGHTS.

    8. Indemnification.

    Subscriber Infringement Indemnity. Subscriber, at its expense,

    will defend, indemnify, and hold Licensor harmless from and

    against any and all third-party claims for damages (whether

    ordinary, direct, indirect, incidental, special, consequential, or

    exemplary), judgments, liabilities, fines, penalties, losses, claims,

    costs, and expenses including, without limitation, reasonable

    attorney’s fees, finally awarded by a court of competent

    jurisdiction, after all rights of appeal are exhausted, against

    Licensor which directly relate to a claim, action, lawsuit, or

    proceeding made or brought against Licensor by a third party

    alleging the infringement or violation of such third party's

    registered patent, trade secret, copyright, or trademark (each a

    “Licensor Claim”) by way of Licensor's use of any Subscriber

    content that Subscriber provides to Licensor and Licensor uses in

    the provision of any Services.

    Licensor Infringement Indemnity. Licensor, at its expense, will

    defend, indemnify, and hold Subscriber harmless from and against

    any and all third-party claims for damages (whether ordinary,

    direct, indirect, incidental, special, consequential, or exemplary),

    judgments, liabilities, fines, penalties, losses, claims, costs, and

    expenses including, without limitation, reasonable attorney’s fees,

    finally awarded by a court of competent jurisdiction, after all rights

    of appeal are exhausted, against Subscriber which directly relate to

    a claim, action, lawsuit, or proceeding made or brought against

    Subscriber by a third party alleging the infringement or violation of

    such third party's registered patent, trade secret, copyright, or

    trademark (each a “Subscriber Claim”) by way of Subscriber's use

    of the Service that Licensor provides to Subscriber.

    Limitation of Liability. LICENSOR AND ITS SUBSIDIARIES,

    AFFILIATES, SHAREHOLDERS, DIRECTORS, OFFICERS,

    EMPLOYEES AND LICENSORS (“THE PARTIES”) WILL

    NOT BE LIABLE (JOINTLY OR SEVERALLY) TO

    SUBSCRIBER, AUTHORIZED USERS, OR ANY THIRD

    PARTY, FOR INDIRECT, CONSEQUENTIAL, SPECIAL,

    INCIDENTAL, PUNITIVE, OR EXEMPLARY DAMAGES,

    INCLUDING, WITHOUT LIMITATION, LOST PROFITS,

    LOST SAVINGS AND LOST REVENUES (COLLECTIVELY,

    THE “EXCLUDED DAMAGES”), WHETHER OR NOT

    CHARACTERIZED IN NEGLIGENCE, TORT, CONTRACT,

    OR OTHER THEORY OF LIABILITY, EVEN IF ANY OF THE

    PARTIES HAVE BEEN ADVISED OF THE POSSIBILITY OF

    OR COULD HAVE FORESEEN ANY OF THE EXCLUDED

    DAMAGES, AND IRRESPECTIVE OF ANY FAILURE OF AN

    ESSENTIAL PURPOSE OF A LIMITED REMEDY. IN NO

    EVENT WILL THE LIABILITY OF THE PARTIES ARISING

    OUT OF ANY CLAIM RELATED TO THIS SAAS

    AGREEMENT EXCEPT FOR INTELLECTUAL PROPERTY

    INFRINGEMENT OR THE SUBJECT MATTER HEREOF

    EXCEED THE AGGREGATE AMOUNT PAID BY

    SUBSCRIBER HEREUNDER IN THE TWELVE (12) MONTHS

    IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO

    SUCH CLAIM. IF ANY APPLICABLE AUTHORITY HOLDS

    ANY PORTION OF THIS SECTION TO BE

    UNENFORCEABLE, THEN THE PARTIES’ LIABILITY WILL

    BE LIMITED TO THE FULLEST POSSIBLE EXTENT

    PERMITTED BY APPLICABLE LAW. SUBSCRIBER WILL

    INDEMNIFY, DEFEND AND HOLD HARMLESS LICENSOR

    FOR ANY LOSS, DAMAGE OR COST IN CONNECTION

    WITH ANY CLAIM OR ACTION WHICH MAY BE BROUGHT

    BY ANY THIRD PARTY AGAINST LICENSOR RELATING

    TO ANY BREACH OF THIS SAAS AGREEMENT BY

    SUBSCRIBER.

    9. Term; Early Termination.

    This SaaS Agreement shall become effective when Subscriber

    signs the Invoice or creates an account on the Red E Customer

    Portal and, unless terminated earlier in accordance herewith, shall

    continue from the Billing Start Date for the Term. This SaaS

    Agreement shall automatically renew for subsequent like terms

    unless either Party gives the other written notice of its intention not

    to renew no later than sixty (60) days prior to the end of the then

    current term. For clarity: (i) in the event Subscriber executes the

    Invoice after the Billing Start Date then this SaaS Agreement will

    be deemed effective from the Billing Start Date, and (ii) in the

    event Subscriber receives the Service before the Invoice is

    executed, then this SaaS Agreement shall be deemed effective

    from the Service Start Date. Modifications in any ongoing Fees

    shall be communicated to Subscriber no later than ninety (90) days

    prior to their effective date, and such modified Fees shall be

    deemed to replace those previously stated in the Invoice.

    This SaaS Agreement may be terminated as follows: (a) if either

    Party commits a material breach of any provision of this SaaS

    Agreement and fails to remedy such breach within thirty (30) days

    of receiving written notice thereof by the non-breaching Party

    (Notice of Breach), the Party giving such notice may then deliver a

    second written notice to the breaching Party terminating this SaaS

    Agreement, in which event this SaaS Agreement, and the licenses

    granted hereunder, will terminate on the date specified in such

    second notice; or (b) if a receiver is appointed over any assets of

    either Party or if either Party makes any arrangement with its

    creditors or becomes subject to an administration order or goes into

    liquidation or anything equivalent to the foregoing under any

    jurisdiction or ceases to carry on business, the other may terminate

    by giving written notice with immediate effect. If this SaaS

    Agreement is terminated before the end of its then current term for

    any reason other than by Subscriber under this Clause 9(a) or (b) ,

    then Subscriber will pay to Licensor as liquidated damages the

    amount due by Subscriber for the previous calendar month times

    3

    the number of months remaining in such Term (Liquidated

    Damages) within 30 days after such termination. The Parties agree

    that the Liquidated Damages under this clause are not intended to

    be and will not be punitive in effect and that the Liquidated

    Damages are a genuine pre-estimate of loss (which may be

    difficult to ascertain) resulting from early termination of this SaaS

    Agreement. Notwithstanding anything to the contrary contained in

    this SaaS Agreement, if Subscriber receives any notice of late

    payment under this SaaS Agreement in any form, written or

    electronic, from Licensor including any business division (e.g.,

    Licensor's Credit Department), such notice will be deemed to be a

    Notice of Breach.

    10. Confidentiality.

    Subscriber and Licensor understand and agree that in the

    performance of this SaaS Agreement each Party may have access

    to private or confidential information of the other Party which

    either is marked as “confidential” or the receiving Party should

    reasonably know under the circumstances that such information is

    confidential and/or proprietary information of the other Party. Each

    of us shall hold such information in confidence and not, without

    the consent of the other, disclose it to a third party or use it for any

    purpose other than in performance of this SaaS Agreement. This

    obligation of confidentiality shall not apply to information that is

    generally available to the public through no act or omission of the

    receiving Party or becomes known to the receiving Party through a

    third party with no obligation of confidentiality, or is required to be

    disclosed by law, court or by any government or regulatory

    authority. If any confidential information is required to be

    disclosed by statute, rule, regulation or order of any court of

    competent jurisdiction, before any such disclosure the receiving

    Party will provide notice to the disclosing Party reasonably

    sufficient to allow the disclosing Party the opportunity to apply for

    a protective order or other restriction regarding such disclosure. If

    either Party elects to file this SaaS Agreement with the U. S.

    Securities and Exchange Commission or any other securities

    exchange or market, regulatory authority or other body, the filing

    Party will provide the non-filing Party, no less than five (5)

    business days before the expected date of the filing (the “Filing

    Date”), a copy of the SaaS Agreement marked to show the sections

    for which the filing Party plans to seek confidential treatment. The

    filing Party agrees to expand its confidential treatment request to

    include those provisions of this SaaS Agreement reasonably

    indicated by the non-filing Party before the Filing Date as

    provisions for which the non-filing Party requests confidential

    treatment. All confidential information will remain the exclusive

    property of the owner. No public announcement, press release or

    communication concerning this SaaS Agreement shall be made

    without the prior consent of the other Party.

    11. Miscellaneous.

    Notice. All notices to a Party hereunder shall be in writing, and

    delivered by certified mail, return receipt requested or overnight

    courier service, with confirmation by the above described mailing

    methods to the address(es) set forth on the Invoice, or to a different

    address which a Party may give written notice of pursuant to this

    section from time to time. Notice will be deemed delivered and

    received on the date it is actually received.

    Amendment. This SaaS Agreement may not be amended except in

    a writing executed by authorized representatives of Subscriber and

    Licensor.

    Assignment. This SaaS Agreement is not transferable, assignable,

    delegable, or sublicensable by Subscriber in whole or in part,

    without the prior written permission of Licensor. This SaaS

    Agreement will be binding upon and inure to the benefit of the

    Parties and their respective successors, trustees, administrators, and

    assigns.

    Survival. The following obligations of the Parties will survive

    termination or expiration of this SaaS Agreement for any reason:

    Sections 1 , 6 , 7 , 8 , and 9 , of this SaaS Agreement and any payment

    obligations of Subscriber that accrue prior to such termination or

    expiration.

    Independent Contractor. Licensor is acting in performance of

    this SaaS Agreement as an independent contractor.

    Binding Effect and Third-Party Beneficiary. Except if

    specifically stated in this SaaS Agreement, neither Party, nor any

    of their respective employees or agents, will have the power or

    authority to bind or obligate the other Party. No third party is a

    beneficiary of this SaaS Agreement.

    Waiver of Rights. Except where specifically stated to the

    contrary, all remedies available to either Party for breach of this

    SaaS Agreement under this SaaS Agreement, at law, or in equity,

    are cumulative and nonexclusive. A waiver or failure of either

    Party at any time to require performance by the other Party of any

    provision hereof will not affect the full right to require such

    performance at any time thereafter.

    Injunctive Relief. If Subscriber breaches Section 2 of this SaaS

    Agreement, Licensor will be entitled, in addition to any other

    rights available under this SaaS Agreement or at law or in equity,

    to apply for immediate injunctive relief without any requirement to

    post a bond or other security and Subscriber acknowledges and

    agrees to not contest such application.

    Severability. If any provision or portion thereof of this SaaS

    Agreement or its application in a particular circumstance is held to

    be invalid or unenforceable to any extent in any jurisdiction, such

    provision or portion thereof will, as to such jurisdiction only, be

    ineffective to the extent of such unenforceability. All other

    provisions and portions of them hereunder will not be affected by

    the invalidity and will be valid and enforced to the fullest extent

    permitted by law.

    Choice of Law and Venue. This SaaS Agreement, as well as any

    and all tort claims arising from this SaaS Agreement or arising

    from any of the proposals, negotiations, communications or

    understandings regarding this SaaS Agreement, will be governed

    by and construed in accordance with the laws of the State of

    Michigan, United States, applicable to contracts made entirely

    within Michigan and wholly performed in Michigan, without

    regard to any conflict or choice of law principles. The sole

    jurisdiction and venue for any litigation arising out of this SaaS

    Agreement will be an appropriate federal or state court located in

    Michigan.

    Force Majeure. Any failure or delay by Licensor in the

    performance of its obligations pursuant to this SaaS Agreement

    will not be deemed a default or breach of the SAAS Agreement or

    a ground for termination to the extent such failure or delay is due

    to computer or internet or telecommunications breakdowns, denial

    of service attacks, fire, flood, earthquake, elements of nature or

    acts of God, pandemics, epidemics, local disease outbreaks, public

    health emergencies, communicable diseases, and quarantines, acts

    of war, terrorism, riots, civil unrest, rebellions or revolutions in the

    United States or any nation where the obligations under this SaaS

    Agreement are to be executed, strikes, supplier and third-party

    failure, lockouts, or labor difficulties, or any similar cause beyond

    the reasonable control of Licensor.

    Entire Agreement. This SaaS Agreement contains the final and

    entire agreement of the Parties and supersedes all previous and

    4

    contemporaneous verbal or written negotiations, understandings, or

    agreements regarding the SaaS Agreement’s subject matter.

  • 1. Agreement and Applicability.

    These Red E – Enterprise Software as a Service (SaaS) Terms and

    Conditions (“SaaS Agreement”) are entered into as of the Effective

    Date (as defined in the Terms), between Red E (as defined in the

    Terms) (“Licensor”) and Company (as defined in the Terms)

    (“Subscriber”).

    For purposes of this SaaS Agreement, Subscriber and Licensor

    each will be referred to individually as a "Party" and together as

    "the Parties."

    Any capitalized terms used in this SaaS Agreement and not defined

    in this SaaS Agreement, shall have the meaning given to them in

    the Terms.

    This SaaS Agreement, the Invoice, and the Terms are incorporated

    in this SaaS Agreement by reference.

    In the event of a conflict between this SaaS Agreement, the Invoice

    and the Terms, the terms of the Invoice shall take precedence,

    followed by the terms of this SaaS Agreement, and finally the

    Terms.

    2. Definitions.

    “Application” shall mean the Licensor-developed application used

    by Subscriber for the Service hereunder;

    “Authorized User” shall mean one (1) of Subscriber’s employees

    and independent contractors working for Subscriber in the ordinary

    course of Subscriber’s business who: (i) agree to be bound by the

    terms of this SaaS Agreement; and (ii) are specifically authorized

    by Subscriber to access the Service;

    “Authorized Reseller” shall mean a third party authorized by Red

    E to sell the Service which is the subject of this SaaS Agreement.

    “Billing Start Date” shall mean the date identified on the Invoice

    as the date from which billing shall be calculated (which under no

    circumstances or if not indicated on the Invoice shall be later than

    the Service Start Date, as defined below);

    “Display Devices” shall mean any display device used to access

    and display the Service;

    “Service” shall mean Licensor’s service level subscribed to by

    Subscriber when they log into the Red E Customer Portal for the

    first time;

    “Service Start Date” shall mean the date from which Subscriber

    creates a profile on the Red E Customer Portal for the Service;

    “Fees” shall mean the fees payable pursuant to Section 4 hereof;

    “Office” shall mean the Site;

    “Invoice” shall mean the Invoice that sets out the commercial

    terms and is executed by the Parties, if Subscriber purchased the

    Service from Licensor. If Subscriber purchases the Service from an

    Authorized Reseller then Invoice shall mean whatever document

    outlines the fees and payments for the Service;

    “Term” shall mean a period of five (5) years;

    “Terms” Shall mean the General Terms and Conditions that are

    available upon request by emailing us at

    Kevin@RedECharge.com.

    3. License to Receive the Service.

    Grant. Licensor hereby grants the Subscriber a limited,

    nonexclusive and non-transferable license, without right of

    sublicense, during the Term to access and display on Subscriber’s

    Display Devices within the United States, the Service, and to

    permit Authorized Users to use the Service, subject to the terms

    and conditions of this SaaS Agreement. All rights in the Service

    not expressly granted hereunder are reserved to Licensor.

    Scope. The license granted to Subscriber hereunder is limited to a

    single, authorized Application for the display and retrieval of the

    Service on an Authorized User’s desktop. The license does not

    extend to multiple applications for the display or retrieval of

    content within the Services. Subscriber shall have no right pursuant

    to this SaaS Agreement to distribute the Service in whole or in part

    over the internet, or via email or instant messaging, via an intranet,

    personal digital assistant, wireless application protocol, short

    message service or radio system. Nothing in this SaaS Agreement

    shall obligate Licensor to continue providing access to any Service

    beyond the date when Licensor ceases providing such Service to

    subscribers generally.

    Restrictions on Use. Subscriber shall not edit, alter, abridge or

    otherwise change in any manner the content of the Service,

    including, without limitation, all copyright and proprietary rights

    notices. Subscriber may not, and may not permit others to: (1)

    reverse engineer, decompile, decode, decrypt, disassemble, or in

    any way derive source code from, the software or Service; (2)

    modify, translate, adapt, alter, or create derivative works from the

    Service; (3) copy (other than one back-up copy), distribute,

    publicly display, transmit, sell, rent, lease, or otherwise exploit the

    Service; or (4) distribute, sublicense, rent, lease, loan, or grant any

    third party access to or use of the Service.

    4. Fees and Payment.

    In exchange for the license granted above, commencing on the

    Billing Start Date, Subscriber shall pay Licensor for the Term

    hereof the Fees, based on the Services and on any other

    commercial terms contained in this SaaS Agreement. Subscriber

    shall only be entitled to one Authorized User.

    5. Access.

    Delivery and Acceptance. The Service is delivered to Subscriber

    via the Display Device, Licensor will make the Service available to

    Subscriber as indicated on the Invoice. The Service will be deemed

    accepted upon the Service Start Date. Any updates, bug fixes, or

    upgrades (“Corrections”) to the Service will be deemed accepted

    by Subscriber on the day such Corrections are delivered.

    6. Copyright Protection;

    Use Restrictions; Security. Subscriber agrees that the Service

    specifications, including without limitation, the editorial coding

    and metadata contained therein, are the property of Licensor or

    Licensor’s licensors. The works and databases included in the

    content of the Service are protected by applicable copyright

    laws. Subscriber agrees that only Authorized Users shall be

    permitted access to the Service. Except as set forth herein, no

    clients or other persons or entities who are not legal employees of

    Subscriber or independent contractors consulting for Subscriber in

    the ordinary course of Subscriber’s business may be Authorized

    Users. Subscriber shall not reverse engineer, decompile or

    disassemble any part of the Service. Subscriber further agrees that

    neither Subscriber nor any Authorized User shall store (except as

    permitted under this SaaS Agreement for retrieval and display

    purposes only), copy, reproduce, retransmit, disseminate,

    sublicense, sell, distribute, publish, broadcast, circulate, create

    derivative works (including, without limitation, trading

    algorithms), test algorithms in conjunction with, or distribute by

    any means the Service in whole or in part to anyone, including, but

    not limited to, other employees of Subscriber, without Licensor’s

    express prior written consent; provided, however, that Authorized

    Users may on an occasional basis in the normal course of business

    include limited portions of the Service (a) in oral and (with proper

    attribution to the respective Service) non-electronic written

    communications with clients and other employees, and (b) in email

    and instant messaging communications with other employees

    and/or securities professionals. Without limiting the foregoing,

    under no circumstances shall distribution under this Section by

    Subscriber be permitted if such distribution may be viewed as a

    substitute for a subscription to the Service itself. Subscriber agrees

    that when using the Service in this way, the facts, content, and

    intent of the Service will not be changed in form or in spirit or

    otherwise in any way be prejudicial to the integrity of the Service

    or Licensor. Other than as expressly set forth in this SaaS

    Agreement, no license or intellectual property rights owned or

    licensed by Licensor are granted to Subscriber, and all such rights

    are hereby expressly reserved.

    7. Disclaimer.

    SUBSCRIBER ACKNOWLEDGES AND AGREES THAT THE

    SERVICE(S), THE CONTENTS THEREIN, AND ANY

    ACCOMPANYING DOCUMENTATION ARE PROVIDED ON

    AN “AS IS,” “AS AVAILABLE” BASIS AND LICENSOR

    DOES NOT MAKE ANY AND HEREBY SPECIFICALLY

    DISCLAIMS ANY REPRESENTATIONS, ENDORSEMENTS,

    GUARANTEES, OR WARRANTIES, EXPRESS OR IMPLIED,

    INCLUDING, WITHOUT LIMITATION, ANY OF

    MERCHANTABILITY, FITNESS FOR A PARTICULAR

    PURPOSE, TITLE, OR NONINFRINGEMENT OF

    INTELLECTUAL PROPERTY RIGHTS.

    8. Indemnification.

    Subscriber Infringement Indemnity. Subscriber, at its expense,

    will defend, indemnify, and hold Licensor harmless from and

    against any and all third-party claims for damages (whether

    ordinary, direct, indirect, incidental, special, consequential, or

    exemplary), judgments, liabilities, fines, penalties, losses, claims,

    costs, and expenses including, without limitation, reasonable

    attorney’s fees, finally awarded by a court of competent

    jurisdiction, after all rights of appeal are exhausted, against

    Licensor which directly relate to a claim, action, lawsuit, or

    proceeding made or brought against Licensor by a third party

    alleging the infringement or violation of such third party's

    registered patent, trade secret, copyright, or trademark (each a

    “Licensor Claim”) by way of Licensor's use of any Subscriber

    content that Subscriber provides to Licensor and Licensor uses in

    the provision of any Services.

    Licensor Infringement Indemnity. Licensor, at its expense, will

    defend, indemnify, and hold Subscriber harmless from and against

    any and all third-party claims for damages (whether ordinary,

    direct, indirect, incidental, special, consequential, or exemplary),

    judgments, liabilities, fines, penalties, losses, claims, costs, and

    expenses including, without limitation, reasonable attorney’s fees,

    finally awarded by a court of competent jurisdiction, after all rights

    of appeal are exhausted, against Subscriber which directly relate to

    a claim, action, lawsuit, or proceeding made or brought against

    Subscriber by a third party alleging the infringement or violation of

    such third party's registered patent, trade secret, copyright, or

    trademark (each a “Subscriber Claim”) by way of Subscriber's use

    of the Service that Licensor provides to Subscriber.

    Limitation of Liability. LICENSOR AND ITS SUBSIDIARIES,

    AFFILIATES, SHAREHOLDERS, DIRECTORS, OFFICERS,

    EMPLOYEES AND LICENSORS (“THE PARTIES”) WILL

    NOT BE LIABLE (JOINTLY OR SEVERALLY) TO

    SUBSCRIBER, AUTHORIZED USERS, OR ANY THIRD

    PARTY, FOR INDIRECT, CONSEQUENTIAL, SPECIAL,

    INCIDENTAL, PUNITIVE, OR EXEMPLARY DAMAGES,

    INCLUDING, WITHOUT LIMITATION, LOST PROFITS,

    LOST SAVINGS AND LOST REVENUES (COLLECTIVELY,

    THE “EXCLUDED DAMAGES”), WHETHER OR NOT

    CHARACTERIZED IN NEGLIGENCE, TORT, CONTRACT,

    OR OTHER THEORY OF LIABILITY, EVEN IF ANY OF THE

    PARTIES HAVE BEEN ADVISED OF THE POSSIBILITY OF

    OR COULD HAVE FORESEEN ANY OF THE EXCLUDED

    DAMAGES, AND IRRESPECTIVE OF ANY FAILURE OF AN

    ESSENTIAL PURPOSE OF A LIMITED REMEDY. IN NO

    EVENT WILL THE LIABILITY OF THE PARTIES ARISING

    OUT OF ANY CLAIM RELATED TO THIS SAAS

    AGREEMENT EXCEPT FOR INTELLECTUAL PROPERTY

    INFRINGEMENT OR THE SUBJECT MATTER HEREOF

    EXCEED THE AGGREGATE AMOUNT PAID BY

    SUBSCRIBER HEREUNDER IN THE TWELVE (12) MONTHS

    IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO

    SUCH CLAIM. IF ANY APPLICABLE AUTHORITY HOLDS

    ANY PORTION OF THIS SECTION TO BE

    UNENFORCEABLE, THEN THE PARTIES’ LIABILITY WILL

    BE LIMITED TO THE FULLEST POSSIBLE EXTENT

    PERMITTED BY APPLICABLE LAW. SUBSCRIBER WILL

    INDEMNIFY, DEFEND AND HOLD HARMLESS LICENSOR

    FOR ANY LOSS, DAMAGE OR COST IN CONNECTION

    WITH ANY CLAIM OR ACTION WHICH MAY BE BROUGHT

    BY ANY THIRD PARTY AGAINST LICENSOR RELATING

    TO ANY BREACH OF THIS SAAS AGREEMENT BY

    SUBSCRIBER.

    9. Term; Early Termination.

    This SaaS Agreement shall become effective when Subscriber

    signs the Invoice or creates an account on the Red E Customer

    Portal and, unless terminated earlier in accordance herewith, shall

    continue from the Billing Start Date for the Term. This SaaS

    Agreement shall automatically renew for subsequent like terms

    unless either Party gives the other written notice of its intention not

    to renew no later than sixty (60) days prior to the end of the then

    current term. For clarity: (i) in the event Subscriber executes the

    Invoice after the Billing Start Date then this SaaS Agreement will

    be deemed effective from the Billing Start Date, and (ii) in the

    event Subscriber receives the Service before the Invoice is

    executed, then this SaaS Agreement shall be deemed effective

    from the Service Start Date. Modifications in any ongoing Fees

    shall be communicated to Subscriber no later than ninety (90) days

    prior to their effective date, and such modified Fees shall be

    deemed to replace those previously stated in the Invoice.

    This SaaS Agreement may be terminated as follows: (a) if either

    Party commits a material breach of any provision of this SaaS

    Agreement and fails to remedy such breach within thirty (30) days

    of receiving written notice thereof by the non-breaching Party

    (Notice of Breach), the Party giving such notice may then deliver a

    second written notice to the breaching Party terminating this SaaS

    Agreement, in which event this SaaS Agreement, and the licenses

    granted hereunder, will terminate on the date specified in such

    second notice; or (b) if a receiver is appointed over any assets of

    either Party or if either Party makes any arrangement with its

    creditors or becomes subject to an administration order or goes into

    liquidation or anything equivalent to the foregoing under any

    jurisdiction or ceases to carry on business, the other may terminate

    by giving written notice with immediate effect. If this SaaS

    Agreement is terminated before the end of its then current term for

    any reason other than by Subscriber under this Clause 9(a) or (b),

    then Subscriber will pay to Licensor as liquidated damages in the

    amount indicated on the Invoice as an early termination fee (“Early

    Termination Fee”) or if not indicated on the invoice or purchased

    from a Authorized Reseller the amount due by Subscriber for the

    previous calendar month times the number of months remaining in

    such Term (Liquidated Damages) within 30 days after such

    termination. The Parties agree that the Liquidated Damages under

    this clause are not intended to be and will not be punitive in effect

    and that the Liquidated Damages are a genuine pre-estimate of loss

    (which may be difficult to ascertain) resulting from early

    termination of this SaaS Agreement. Notwithstanding anything to

    the contrary contained in this SaaS Agreement, if Subscriber

    receives any notice of late payment under this SaaS Agreement in

    any form, written or electronic, from Licensor including any

    business division (e.g., Licensor's Credit Department), such notice

    will be deemed to be a Notice of Breach.

    10. Confidentiality.

    Subscriber and Licensor understand and agree that in the

    performance of this SaaS Agreement each Party may have access

    to private or confidential information of the other Party which

    either is marked as “confidential” or the receiving Party should

    reasonably know under the circumstances that such information is

    confidential and/or proprietary information of the other Party. Each

    of us shall hold such information in confidence and not, without

    the consent of the other, disclose it to a third party or use it for any

    purpose other than in performance of this SaaS Agreement. This

    obligation of confidentiality shall not apply to information that is

    generally available to the public through no act or omission of the

    receiving Party or becomes known to the receiving Party through a

    third party with no obligation of confidentiality, or is required to be

    disclosed by law, court or by any government or regulatory

    authority. If any confidential information is required to be

    disclosed by statute, rule, regulation or order of any court of

    competent jurisdiction, before any such disclosure the receiving

    Party will provide notice to the disclosing Party reasonably

    sufficient to allow the disclosing Party the opportunity to apply for

    a protective order or other restriction regarding such disclosure. If

    either Party elects to file this SaaS Agreement with the U. S.

    Securities and Exchange Commission or any other securities

    exchange or market, regulatory authority or other body, the filing

    Party will provide the non-filing Party, no less than five (5)

    business days before the expected date of the filing (the “Filing

    Date”), a copy of the SaaS Agreement marked to show the sections

    for which the filing Party plans to seek confidential treatment. The

    filing Party agrees to expand its confidential treatment request to

    include those provisions of this SaaS Agreement reasonably

    indicated by the non-filing Party before the Filing Date as

    provisions for which the non-filing Party requests confidential

    treatment. All confidential information will remain the exclusive

    property of the owner. No public announcement, press release or

    communication concerning this SaaS Agreement shall be made

    without the prior consent of the other Party.

    11. Miscellaneous.

    Notice. All notices to a Party hereunder shall be in writing, and

    delivered by certified mail, return receipt requested or overnight

    courier service, with confirmation by the above described mailing

    methods to the address(es) set forth on the Invoice, or to a different

    address which a Party may give written notice of pursuant to this

    section from time to time. Notice will be deemed delivered and

    received on the date it is actually received.

    Amendment. This SaaS Agreement may not be amended except in

    a writing executed by authorized representatives of Subscriber and

    Licensor.

    Assignment. This SaaS Agreement is not transferable, assignable,

    delegable, or sublicensable by Subscriber in whole or in part,

    without the prior written permission of Licensor. This SaaS

    Agreement will be binding upon and inure to the benefit of the

    Parties and their respective successors, trustees, administrators, and

    assigns.

    Survival. The following obligations of the Parties will survive

    termination or expiration of this SaaS Agreement for any reason:

    Sections 1, 6, 7, 8, and 9, of this SaaS Agreement and any payment

    obligations of Subscriber that accrue prior to such termination or

    expiration.

    Independent Contractor. Licensor is acting in performance of

    this SaaS Agreement as an independent contractor.

    Binding Effect and Third-Party Beneficiary. Except if

    specifically stated in this SaaS Agreement, neither Party, nor any

    of their respective employees or agents, will have the power or

    authority to bind or obligate the other Party. No third party is a

    beneficiary of this SaaS Agreement.

    Waiver of Rights. Except where specifically stated to the

    contrary, all remedies available to either Party for breach of this

    SaaS Agreement under this SaaS Agreement, at law, or in equity,

    are cumulative and nonexclusive. A waiver or failure of either

    Party at any time to require performance by the other Party of any

    provision hereof will not affect the full right to require such

    performance at any time thereafter.

    Injunctive Relief. If Subscriber breaches Section 2 of this SaaS

    Agreement, Licensor will be entitled, in addition to any other

    rights available under this SaaS Agreement or at law or in equity,

    to apply for immediate injunctive relief without any requirement to

    post a bond or other security and Subscriber acknowledges and

    agrees to not contest such application.

    Severability. If any provision or portion thereof of this SaaS

    Agreement or its application in a particular circumstance is held to

    be invalid or unenforceable to any extent in any jurisdiction, such

    provision or portion thereof will, as to such jurisdiction only, be

    ineffective to the extent of such unenforceability. All other

    provisions and portions of them hereunder will not be affected by

    the invalidity and will be valid and enforced to the fullest extent

    permitted by law.

    Choice of Law and Venue. This SaaS Agreement, as well as any

    and all tort claims arising from this SaaS Agreement or arising

    from any of the proposals, negotiations, communications or

    understandings regarding this SaaS Agreement, will be governed

    by and construed in accordance with the laws of the State of

    Michigan, United States, applicable to contracts made entirely

    within Michigan and wholly performed in Michigan, without

    regard to any conflict or choice of law principles. The sole

    jurisdiction and venue for any litigation arising out of this SaaS

    Agreement will be an appropriate federal or state court located in

    Michigan.

    Force Majeure. Any failure or delay by Licensor in the

    performance of its obligations pursuant to this SaaS Agreement

    will not be deemed a default or breach of the SAAS Agreement or

    a ground for termination to the extent such failure or delay is due

    to computer or internet or telecommunications breakdowns, denial

    of service attacks, fire, flood, earthquake, elements of nature or

    acts of God, pandemics, epidemics, local disease outbreaks, public

    health emergencies, communicable diseases, and quarantines, acts

    of war, terrorism, riots, civil unrest, rebellions or revolutions in the

    United States or any nation where the obligations under this SaaS

    Agreement are to be executed, strikes, supplier and third-party

    failure, lockouts, or labor difficulties, or any similar cause beyond

    the reasonable control of Licensor.

    Entire Agreement. This SaaS Agreement contains the final and

    entire agreement of the Parties and supersedes all previous and

    contemporaneous verbal or written negotiations, understandings, or

    agreements regarding the SaaS Agreement’s subject matter.

  • The information contained in these Terms (as defined below) sets forth your rights and obligations with respect to the use of Company’s (as defined below) Services (as defined below). Please read these Terms before using our Services. You may not use our Services use unless and until you: (a) agree to these terms and conditions in their entirety; (b) are at least 18 years old; (c) have the legal authority to bind yourself or your organization that your represent, if any to these Terms; and (d) are not prohibited from accessing or using our Services by any applicable law, rule, or regulationBy clicking “I Agree,” you agree to be bound by these Terms.

    1.     Applicability of Terms and Conditions: These terms and conditions ("Terms") shall apply to your use of our Services. A copy of these Terms is available at https://www.redecharge.com/terms-conditions (“Site”). By clicking “I Agree” or using our Services, you confirm that you have read, understood, and agree to comply with these Terms. These Terms are subject to change at any time without prior written notice by Red E Charging LLC (“Company,” “we,” “us,” or “our”). Please review these Terms in their entirety prior to using our Services. Your continued use of the Services after any posting of updated Terms (which shall be dated as of their most recent update) shall constitute your acceptance of and agreement to any changes of these Terms.

    2.     Services Provided: The Services shall include the provision of electric vehicle (EV) charging facilities at designated EV charging stations owned, operated, or managed by Company. This includes access to and use of charging hardware, software, and any related technology or infrastructure that enables the delivery of electric power to charge EVs, as well as any support features provided through Company platforms (such as customer support, mobile applications, or account management portals). The Services are provided to enable you to charge your vehicles in compliance with these Terms and applicable laws, rules, and regulations (collectively, "Services").

    3.     Account and Payment: You may be required to create an account to access certain features of our Services. You are responsible for maintaining the confidentiality of your account information. Payment for Services is required at the time of use. Fees for Services are disclosed at the time of use. Company reserves the right to change pricing at any time.

    You agree to pay all charges incurred, including applicable taxes and fees, using a valid payment method. By using any such card or payment provider, you are hereby representing and warranting your full right and authority to make such purchase in the manner elected without violating any applicable law, rule, or regulation.

    4.     Chargeback Policy: By using our Services and accepting these Terms, you agree not to initiate any chargeback request with your payment provider unless you have first made a good faith effort to resolve any payment dispute directly with us. If you believe you were incorrectly charged or encountered an issue with a transaction, place contact our customer support at https://www.redecharge.com/support to allow us an opportunity to investigate and resolve the matter. If you initiate a chargeback without valid reason, or if we determine after investigation that the chargeback request was unwarranted, we reserve the right to: (i) suspend or terminate your account and access to our Services; (ii) recover any charges, fees, or costs incurred as a result of the chargeback; and (iii) pursue other legal remedies to collect owed amounts.

    You are responsible for any fees imposed by your payment provider or bank in connection with a chargeback, including any fees we incur due to unauthorized chargebacks.

    5.     Payment Processing and Settlement: Once preauthorization charges are submitted to verify the authenticity of the payment method used for our Services, the chargeback request will be settled within 24 to 48 hours. We are not responsible for any delays by your payment provider or bank in connection that may affect the timing of funds being returned to your account.

    6.     Representations & Warranties (“R&Ws”); Disclaimers; Limitations on Liability:

    (a)         User R&Ws: You represent and warrant to us as follows: (i) that you have the right to enter into any transaction to use our Services without violating these Terms, any applicable law, rule, or regulation, and/or any agreement with, or rights of, any third party; (ii) that you will use the Services provided in these Terms exactly as authorized and never in any way that would violate any applicable law or third party right of any kind; (iii) you will not damage, interfere with, or misuse our EV charging stations or attempt to modify or disable security features of our stations; and (iv) you will not use our stations to charge unauthorized devices or vehicles.

    (b)        Company’s Limited Warranty: Our Services are provided “as-is” and “as available” without any express or implied warranties.

    (c)         Limitation on Warranties: To the maximum extent permitted by law, we are not liable for any indirect, incidental, special, or consequential damages, including but not limited to any loss of use, data, or profits, arising from your use of the Services.

    7.     Sole and Exclusive Remedies/Liability Cap: SUBJECT TO APPLICABLE LAW, THE REMEDIES SET FORTH ABOVE ARE YOUR SOLE AND EXCLUSIVE REMEDIES, AND OUR ENTIRE OBLIGATION AND LIABILITY, FOR ANY BREACH OF OUR LIMITED WARRANTY. SUBJECT TO APPLICABLE LAW, UNDER NO CIRCUMSTANCES WILL COMPANY'S OBLIGATION OR LIABILITY HEREUNDER EXCEED THE PURCHASE PRICE YOU PAID ON THE SITE FOR ANY SERVICES. ADDITIONALLY, SUBJECT TO APPLICABLE LAW, UNDER NO CIRCUMSTANCES WILL WE BE LIABLE FOR ANY LOSS OF USE, DATA, BUSINESS, GOODWILL, REPUTATION, OR REVENUE, AND/OR ANY CONSEQUENTIAL, INCIDENTAL, SPECIAL, OR PUNITIVE DAMAGES OR OTHER DIRECT OR INDIRECT LOSSES OF ANY KIND.

    8.     Privacy Policy and Website Terms of Use: Please review our Privacy Policy which can be found at https://www.redecharge.com/privacy-policy. The Privacy Policy governs our processing of all personal information that we may collect from any person through the use of our Services.

    9.     Third Party Beneficiaries: These Terms are for your sole benefit and nothing in these Terms, express or implied, is intended to or shall confer upon any other person or entity any legal or equitable right, benefit, or remedy of any nature whatsoever under or by reason of these Terms.

    10.  Force Majeure: Company shall not be held responsible for delays or non-performance caused by activities or factors beyond its reasonable control, including without limitation, war, weather, strikes, floods, lockouts, fires, pandemics, epidemics, local disease outbreaks, public health emergencies, acts of God, terrorism, and/or delivery, vendor, supplier, or other third-party delays, non-performance, or failures of any kind.

    11.  Assignment: Company may assign or otherwise transfer any or all of its rights or obligations, in whole or in part, to any third party in its sole discretion. You may not assign any of your rights or delegate any of your duties under these Terms.

    12.  Partial Invalidity: In the event that any part or portion of these Terms is deemed to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect.

    13.  Indemnification. You agree to indemnify, defend, and hold harmless Company, its affiliates, and their respective officers, directors, employees, and agents from any claims, damages, liabilities, or expenses arising from your use of our Services, your breach of these Terms, or violation of any law or the rights of any third party.

    14.  Termination and Suspension. We reserve the right to suspend or terminate your access to the Services for any reason, including a breach of these Terms, with or without notice.

    15.  Governing Law and Jurisdiction. These Terms shall be governed by and construed in accordance with the laws of the State of Michigan, without regard to its conflict of laws principles. Any disputes, actions, claims, or causes of action arising out of or in connection with these Terms shall be exclusively subject to the jurisdiction of the state and federal courts located within the State of Michigan.

    16.  No Waivers. Our failure to enforce any of our rights under these Terms will not constitute a waiver of our right to make such enforcement in the future, subject to applicable law.

    17.  Notices. Any notice, request, demand, or other communications required or permitted to be given by either party under these Terms shall be in writing and shall be deemed to have been effectively given or served when delivered personally, sent by registered mail, or by email with confirmation of receipt to the respective addresses provided by involved parties.