Credit Trading LTD and Matras Platform General Terms and Conditions

Valid as of November 1, 2014

PREAMBLE

These Terms and Conditions, and any new versions, between Credit Trading Ltd. and You, cover all Your use of Matras Platform Products from any computers where the Matras Platform Products have been installed, by You or by third parties, as well as cover all rights and duties connected with relationships between Credit Trading Ltd. and You in using the Matras Platform Products. Credit Trading Ltd. is a licensed company by National Bank of Slovakia, European Union and registered at Premium liquidity provider – broker regulated through Financial Conduct Authority (FCA), as an IBpartner.

By clicking on the “Accept” button or any other confirmation button designated by Credit Trading Ltd. You unconditionally and without any objections accept that you will enter into agreement with Credit Trading Ltd. with the extent and rights and duties as set forth in these Terms and Conditions. The Terms and Conditions will be automatically applied on relationships between You and Credit Trading Ltd. You acknowledge and agree, by clicking on the “Accept” button or any other confirmation button designated by Credit Trading Ltd., that you are entering into a legally binding contract with the extent set forth hereunder.

By clicking on the “Accept” button or any other confirmation button designated by Credit Trading Ltd., You expressly acknowledge that you have read the Terms and Conditions and understand the rights, obligations, terms and conditions set forth herein. By clicking on the “Accept” button or any other confirmation button designated by Credit Trading Ltd. and/or continuing to install the Matras Platform Products, you expressly consent to be bound by the Terms and Conditions and grant to Credit Trading Ltd. the rights set forth herein.

You hereby agree to the use of electronic communication in order to enter into contracts, place orders and create other records and to the electronic delivery of notices, policies and records. For such purposes Your email address will be used. Furthermore, You hereby waive any rights or requirements under any laws or regulations in any jurisdiction which require an original (non-electronic) signature or delivery or retention of non-electronic records, to the extent permitted under applicable mandatory law. If the law of your country or any other applicable law prohibits You or limits You, from any reason, from downloading or using the Matras Platform Products or from entering into agreement as defined in these Terms and Conditions, please, do not use them or do not enter into agreement. If you do it, despite recommendations made herein, You will bear all responsibility for doing that and You will be obliged to keep Credit Trading Ltd. harmless and cover all Credit Trading Ltd. ́s losses or costs accrued thereto.

1. DEFINITIONS

1.1 The following terms and expressions used in the Terms and Conditions shall have the following meanings:

“Credit Trading Ltd.”: business company Credit Trading s.r.o., with its seat at Pribinova 20, 811 09 Bratislava, Slovakia, identification No. 45 460 302, registered in Commercial Register of District Court Bratislava I.,section: Sro, insert No. 64072/B, organized and existing under the laws of Slovak Republic.

“Broker”: A business company regulated by Financial Conduct Authority. A liquidity provider which MatrasPlatform connects to using FIX protocols and who executes the orders in financial markets.

“Matras Platform Products”: any and/or all software products, the author or authorized provider of which is Credit Trading Ltd., which are owned by the Credit Trading Ltd., available on Credit TradingbLtd. ́s Websites that allow trading in the financial markets. They include all its updates, programing tools, source codes, improvements, graphics, texts, elements, items, charts, fixes, documents and new versions. They consist mainly of the following components/programs:

– An automated trading software, which is able to fully automate complex trading strategies and make individual trades at a very high speed on servers that are fully backed up and constantly monitored,

– A software simulator, which can test multiple trading strategies on different currency pairs at the same time using historical data,

– Other software products published on and available at the Credit Trading Ltd. ́s Websites.

“Terms and Conditions”: these terms and conditions, as may be renewed and/or amended from time to time.

“Effective Date”: the date, on which agreement between Credit Trading Ltd. and you is entered into by clicking on the button “Accept” or similar confirmation button designated by Credit Trading Ltd.

“Affiliate”: any corporation, company, subsidiary, organizational part or other entity that directly or indirectly controls, is controlled by, or is under common control with, Credit Trading Ltd. For the purpose of this definition, the word “control” shall mean the direct or indirect ownership of more than fifty percent (50%) of the outstanding voting stock.

“IP Rights”: means patents, pending patent applications, designs, trademarks and trade names (whether registered or unregistered), copyright and related rights, database rights, knowhow, trade secrets and confidential information; all other intellectual property rights and similar or equivalent rights anywhere in the world which currently exist or are recognized in the future; and applications, extensions and renewals in relation to any such rights.

“Credit Trading Ltd.’s Websites”: any and all elements, contents and the ‘look and feel’ of the website available under the URL, www.matrasplatform.com – among other URL’s, from which website the Matras Platform Products can be downloaded.

“User Account”: refers to the account with User ID and Password that You create for Your use of the Matras Platform Products.

“Login”: refers to an identification code You selected, which in combination with the Password, gives access to Your User Account.

“Password”: refers to a code, which, in combination with the Login, gives You access to Your User Account.

“Permitted Purpose”: the purpose for which the Matras Platform Products have been developed and are to be used under instructions published on the Credit Trading Ltd. ́s Websites and/or under the Terms and Conditions.

“You”: You, natural person or legal entity or any other corporation, being subject to any law and having rights and authority and capacity under such law. Any language modifications of You are included into definition.

1.2 References to the singular include the plural and vice versa, and references to one gender include the other gender.

1.3 Any phrase introduced by the expressions “including”, “include”, “in particular”, “mainly”, “dominantly” or any similar expression shall be construed as illustrative and shall not limit the sense of the words preceding those terms.

2. LICENSE AND RESTRICTIONS

2.1 License: Subject to Terms and Conditions, Credit Trading Ltd. hereby grants You a limited, personal, non-exclusive, simple, non-sublicensable, non-assignable, free of charge license to download, install and use the Matras Platform Products on Your computer or other device for the sole purpose of using the Matras Platform Products as they are defined and construed.

2.2 No Granting of Rights to Third Parties: You shall not sell, assign, rent, lease, distribute, export, import, act as an intermediary or provider, or otherwise grant rights to third parties with regard to the Matras Platform Products or any part thereof.

2.3 No Modifications: You shall not undertake, cause, permit or authorize the modification, translation into other languages, creation of derivative works, reverse engineering, decompiling, disassembling or hacking of the Matras Platform Products or any part thereof. You shall also not create other software based on the Matras Platform Products.

2.4 Third Parties: The Matras Platform Products may be incorporated into, and may incorporate itself, software and other technology owned and controlled by third parties. Any such third party software or technology that is incorporated in the Matras Platform Products falls under the scope of Terms and Conditions. Any and all other third party software or technology that may be distributed together with the Matras Platform Products will be subject to You explicitly accepting a license agreement with that third party. You acknowledge and agree that You will not enter into a contractual relationship with Credit Trading Ltd. or its Affiliates regarding such third party software or technology and you will look solely to the applicable third party and not to Credit Trading Ltd. or its Affiliates to enforce any of your rights.

2.5 Exclusive Ownership: Any and all IP Rights in the Matras Platform Products are and shall remain the exclusive property of Credit Trading Ltd. and/or its licensors. Nothing in Terms and Conditions intends to transfer any such IP Rights to, or to vest any such IP Rights in, or creates any authorization to use in a way different than expressly stipulated to, You. You are only entitled to the limited use of the IP Rights granted to You in the Matras Platform Products and the Terms and Conditions. You will not take any action to jeopardize, limit or interfere with Credit Trading Ltd. ́s IP Rights. Any unauthorized use of Trading Ltd. ́s IP Rights is a violation of the Terms and Conditions as well as a violation of intellectual property laws and treaties, including without limitation copyright laws and trademark laws. All title and IP Rights in and to any third party content that is not contained in the Matras Platform Products, but may be accessed through use of the Matras Platform Products, is the property of the respective content owners and may be protected by applicable copyright or other intellectual property laws and treaties.

2.6 No Removal of Notices: You agree that You will not remove, obscure, make illegible or alter any notices or indications of the IP Rights and/or Credit Trading Ltd.’s rights and ownership thereof, whether such notice or indications are affixed on, contained in or otherwise connected to any materials.

2.7 Use of the Matras Platform Products: You may make use of the Matras Platform Products provided that:

2.7.1 Subject to Your compliance with the Matras Platform Products use terms, Credit Trading Ltd. grants to You a limited, non-exclusive, non-assignable, non-sublicensable, non-transferable right to use the Matras Platform Products for the Permitted Purpose.

2.7.2 This license does not grant to You any right to any version enhancement, update, or guarantee the continuous availability of the Matras Platform Products. Credit Trading Ltd. may revise, modify or cease to provide, require you to immediately cease using the Matras Platform Products or its functionality or any part thereof, which may result in loss of compatibility, denial of access to the functionality of the Matras Platform Products, system, Credit Trading Ltd. ́s Websites, servers, tools, information and databases, commercial activities related thereto, from time to time without notice.

2.8. Breach of obligation: Credit Trading Ltd. reserves the right, in its sole discretion to terminate using of the Matras Platform Products immediately in the event that You breach this obligation.

2.9 No different use: Nothing in the Terms and Conditions will give You any right to use the Matras Platform Products and/or the Credit Trading Ltd. ́s Websites and/or any IP Rights, including without limitation the Credit Trading ́s trademarks and logos, in different way that is expressly stipulated in the Terms and Conditions and/or the Matras Platform Products and/or the Credit Trading Ltd. ́s Websites. Unless expressly approved by Credit Trading Ltd. You can create only one live or demo login/password (not multiple). Demo account can be opened automatically by providing name, User ID, Password, whereas live account can be opened by providing necessary documents required by the broker. All documents are to be sent to Credit Trading Ltd. and once approved, to be sent further for registration of live account. Live accounts can be rejected without any explanations or reasons.

2.10 Constant Monitoring: At all times, You must constantly monitor the Credit Trading Ltd. ́s Websites to ensure You are aware of any changes in the Matras Platform Products, the Terms and Conditions and the Credit Trading Ltd. ́s Websites. In the event You cannot agree on any such changes or in any applicable legal or other document ́s changes, You will immediately cease any and all use of the Matras Platform Products.

2.11 Utilization of Your computer: The Matras Platform Products and their software may utilize the processor and bandwidth of the computer (or other applicable device) You are utilizing, for the limited purpose of providing the functionality of the Matras Platform Products and establishing connection. Credit Trading Ltd. will use its commercially reasonable efforts to protect the privacy and integrity of the computer resources (or other applicable device) You are utilizing and of Your data, however Credit Trading Ltd. cannot give any warranties in this respect. You hereby acknowledge and agree that You shall bear all responsibility for using Your own computer and Your own devices for using the Matras Platform Products and their software. Credit Trading Ltd. shall bear no responsibility for (i) compliance of Your own computer and Your own devices and their software with the Matras Platform Products and their software, and (ii) misuse of Your own computer and Your own devices or their software by You or by third party, and (iii) any impact of external effects on Your own computer or Your own devices or their software (e.g. blackout of electrical connectivity, or case of fire, or market disruption, or system disruption, and so on).

2.12 Matras Platform Products ́ updates: Updates to and New Versions of the Matras Platform Products and their software: Credit Trading Ltd., in its sole discretion, reserves the right to add additional features or functions, or to provide programming fixes, updates and upgrades, to the Matras Platform Products and their software. Credit Trading Ltd. has no obligation to make available to You any subsequent versions of the Matras Platform Products. From time to time the Matras Platform Products may download and install updates from Credit Trading Ltd. automatically. These updates are required to maintain software compatibility, provide security updates or bug fixes, or offer new features, functionality or versions. You agree to receive such updates from Credit Trading Ltd. in order to continue using the Matras Platform Products and their software. You may have to enter into a renewed or revised version of the Terms and Conditions, in the event you download, install or use a new or updated version of the Matras Platform Products.

2.13 Suspension: Credit Trading Ltd. may, in its sole discretion and to the maximum extent permitted within Your jurisdiction, modify or discontinue or suspend Your ability to use any version of the Matras Platform Products, and/or disable the Matras Platform Products You may already have accessed or installed without any notice to You, for the repair, improvement, and/or upgrade of the underlying technology or for any other justifiable reason, including but not limited to, circumstances where You, at Credit Trading Ltd.’s discretion, are in breach of the Terms and Conditions, creating problems, possible legal liabilities, or engaging in fraudulent, immoral or illegal activities, or for other similar reasons.

2.14 Lawful purposes: You will use the Matras Platform Products solely for lawful purposes. In this respect You may not, without limitation (a) intercept or monitor, damage or modify any communication which is not intended for You; (b) use any type of codes or instructions that are designed to distort, delete, damage or disassemble the Matras Platform Products or the communication; (c) use the Matras Platform Products in violation of the laws of your; (d) use any material or content that is subject to any third party proprietary rights, unless you have a license or permission from the owner of such rights.

2.15 Password Security: To prevent unauthorized use of your User Account, You must not share your Password with any third party. If You suspect that Your Password is known to someone else, then You should change it immediately to protect your User Account.

2.16 Your internet connection: The Matras Platform Products uses Internet connection to provide its functionality. All costs for the internet traffic associated with Your use of the Matras Platform Products shall be paid by You and all responsibility for correct, complete and right internet connection remains with You.

2.17 No country limits: You may use the Matras Platform Products in any country, in accordance with the Terms and Conditions.

2.18 Broker: A Liquidity provider company as broker for Credit Trading Ltd. and the Matras Platform Products. Servers of the Matras Platform Products are connected to the broker through a secured encrypted VPN (secure direct line) connection and the communication with a broker takes place through a FIX protocol. You hereby acknowledge and agree with the broker and agree to accept and comply with all terms and conditions of the broker and enter into all agreements that are by the broker deemed to be inevitable for cooperation and functioning between You and broker. In such connection Credit Trading Ltd. shall bear no responsibility in connection with relationship between You and the broker.

3. COMPLIANCE

3.1 Compliance: Your right to use the Matras Platform Products under art. 2. (License and restrictions) above is subject further to Your compliance with the following:

3.1.1 Your software application or any of Your item, product, computer, device, program shall in no way and to no extent whether directly or indirectly adversely affect, impede or otherwise hinder or disrupt the functionality or performance of the Matras Platform Products, the Credit Trading Ltd. ́s Websites or products or services provided by Credit Trading Ltd..

3.1.2 Without the prior written consent of Credit Trading Ltd., You will not remove or hide, modify, not undertake, cause, permit or authorize the modification, creation of derivative works, translation, reverse engineering, decompiling, disassembling or hacking executable code of the Matras Platform Products. At all times, You will comply with the requirements and specifications relating to application design and use and presentation.

3.1.3 You will not remove or hide, modify, not undertake, cause, permit or authorize decompiling, modification, reverse engineering, disassembling or hacking of software applications developed using the Matras Platform Products that is subject to any third party proprietary rights, unless you have a permission from the owner of such rights.

3.1.4 Save as expressly approved in writing by Credit Trading Ltd., You will not distribute the Matras Platform Products through website(s) that in Credit Trading Ltd.’s opinion is/are in any way similar to, or infringe the intellectual property rights of the Credit Trading Ltd.’s Websites or use the Matras Platform Products or words describing the Matras Platform Products or services connected thereto as the registered URL for website(s).

3.1.5 You will at all times maintain the value and reputation of the the Matras Platform Products and Credit Trading Ltd. ́ or its Affiliates ́ brand or name, to the best of Your abilities.

3.1.6 You will not use the Matras Platform Products in any software application or program that in Credit Trading Ltd.’s opinion is actually or potentially fraudulent or inappropriate or contrary to the Terms and Conditions or respective legal regulations.

3.1.7 You agree that the services and products provided through Your software application shall be provided by You in compliance with all applicable laws and regulations (including without limitation those relating to the protection of privacy and the processing of personal data or traffic data).

3.1.8 You will not use the Matras Platform Products to create a software application that sends unsolicited communications (whether commercial or otherwise) protected by an applicable law to any third party.

3.1.9 You agree that You are solely responsible for (and that Credit Trading Ltd. has no responsibility to You or to any third party for) any services and/or products You provide through Your software application.

3.2 Compliance with Terms and Conditions: You hereby specifically acknowledge that Your rights to use the Matras Platform Products are strictly subject to Your full compliance with the Terms and Conditions and any breach of any provision of the Terms and Conditions shall give rise to automatic right of termination by Credit Trading Ltd.

4. IP Rights

4.1 When You use the Matras Platform Products for a Permitted Purpose, You retain the IP Rights You may have in Your software application.

4.2 As between You and Credit Trading Ltd., Credit Trading Ltd. and its licensors retain the IP Rights in and to the Matras Platform Products and any derivative works thereto created by or for Credit Trading Ltd. or its licensors.

5. REPRESENTATIONS AND WARRANTIES

5.1 Your Representations and Warranties: You represent and warrant that:

5.1.1 You have legal capability and authorization to enter into contractual relationship with Credit Trading Ltd., to agree and comply with the Terms and Conditions and to exercise the rights and to fulfil the liabilities connected with and/or arising from the Terms and Conditions.

5.1.2 No event has occurred or is existing, which would prevent You to validly execute the Terms and Conditions.

5.1.3 Execution of the Terms and Conditions by You, exercise of Your rights, and fulfilment of Your liabilities under the Terms and Conditions is not contrary to any generally valid legal regulation or any of Your corporate regulation.

5.1.4 Execution of the Terms and Conditions by You, exercise of Your rights, and fulfilment of Your liabilities under the Terms and Conditions do not require any consent, authorization or statement of any of Your’s body according to Your corporate documents or any third person according to the generally valid legal regulations, and if any such consent, authorization or statement is required, then it has been granted.

5.1.5 You will at any and all times meet with Your obligations under the Terms and Conditions, as well as any and all laws, regulations and policies that may apply to the use of the Matras Platform Products and/or the Credit Trading Ltd. ́s Websites.

5.1.6 You are aware of the fact that Credit Trading Ltd. relies on completeness and correctness of Your representations and warranties made hereunder, and that in case it proves incompleteness or incorrectness of any of Your representations and warranties, it would cause a rise of damage on Credit Trading Ltd. ́s side.

5.2 Business: If You are an employee or director of a corporation or business entity and You use the Matras Platform Products on behalf of that corporation or business entity (the “Business”), You acknowledge and agree that: (i) by accepting the Terms and Conditions and using the Matras Platform Products, You do so on behalf of the Business and with the express authorization of the Business that You and the Business shall be bound by the Terms and Conditions in respect of Your and the Business’s use of the Matras Platform Products; and (ii) the license granted by Credit Trading Ltd. to use the Matras Platform Products is subject to You obtaining from the Business all necessary consents, permissions and authority for You to act on its behalf and legally bind it according to the Terms and Conditions. You represent and warrant that You have obtained such consents, permission and authority to use the Matras Platform Products on behalf of the Business. If You do not have such authority, then You do not have a license to use the Matras Platform Products.

6. INDEMNIFICATION

6.1 General Indemnification: You acknowledge and agree that Your use of the Matras Platform Products will be at Your own risk and account. By using the Matras Platform Products You implement Your own investment strategies and decisions and You do not use Credit Trading Ltd.and/or the Matras Platform Products as advisors. You agree, on demand, to indemnify, defend and hold Credit Trading Ltd., its Affiliates and staff harmless from and against any and all liability and costs, including reasonable attorneys’ fees incurred by such person, in connection with or arising from (a) Your use of the Matras Platform Products and/or the Credit Trading Ltd. ́s Websites, or (b) Your misuse of the Matras Platform Products and/or the Credit Trading Ltd. ́s Websites, (c) any breach or violation of the Terms and Conditions, or (d) violation or breach of any applicable law or regulation, whether or not referenced herein, or (e) violation of any rights of any third party, (f) not respecting instructions and recommendations published on the Credit Trading Ltd. ́s Websites and/or using materials for the Matras Platform Products, or (g) communication spread by means or the Matras Platform Products and their software.

7. TERMS AND CONDITIONS

7.1 Terms and Conditions ́ modifications: Credit Trading Ltd. reserves the right to modify and change the Terms and Conditions at any time, on a general or individual basis, by publishing the revised Terms and Conditions on the Credit Trading Ltd. ́s Websites or by otherwise notifying You of the revised Terms and Conditions. The revised Terms and Conditions will be applicable and legally bounding after their publication or notification and You shall respect them and comply with them. Your continued use of the Matras Platform Products or Your not raising any objection shall constitute Your acceptance to be bound by the revised Terms and Conditions. Any modification of the Terms and Conditions thatestablishes Credit Trading Ltd. ́s right to charge royalties is subject to a one (1) month’ prior notice thereof.

8. TERM AND TERMINATION

8.1 Term: The Terms and Conditions will be effective as of the Effective Date and will remain effective until terminated by either Credit Trading Ltd. or You as set out below.

8.2 Termination: You may terminate the Terms and Conditions with immediate effect at any time. Without limiting other remedies, Credit Trading Ltd. may limit, suspend, or terminate this license and Your use of the Matras Platform Products, prohibit access to the Matras Platform Products and/or Credit Trading ́s Websites and delete Your User Account and/or User ID, with immediate effect, automatically and without recourse to the courts, if Credit Trading Ltd. think that You are in breach of the Terms and Conditions, creating problems, legal liabilities (actual or potential), infringing someone else’s intellectual property rights, engaging in fraudulent, immoral or illegal activities, or for other similar reasons

8.3 Consequences of Termination: Upon termination of the Terms and Conditions: (a) all licenses and rights to use the Matras Platform Products shall immediately terminate; (b) You will immediately cease any and all use of the Matras Platform Products; and (c) You will immediately remove the Matras Platform Products and their software from all hard drives, networks and other storage media and destroy all copies of the Matras Platform Products in Your possession or under Your control.

9. DISCLAIMER OF WARRANTIES AND LIMITATION OF LIABILITY

9.1 No Warranties: The Matras Platform Products are provided “as they are” with no warranties whatsoever. Credit Trading Ltd. does not, either expressed, implied or statutory, make any warranties, claims or representations with respect to the Matras Platform Products, including, without limitation, warranties or conditions of quality, performance, non-infringement, merchantability, or fitness for use for a particular purpose. Credit Trading Ltd. further does not represent or warrant that the Matras Platform Products will always be available, accessible, uninterrupted, timely, secure, accurate, complete and error-free or will operate without pocket loss, nor does Credit Trading Ltd. warrant any connection to or transmission from the internet, or any quality of calls made through the Matras Platform Products.

9.2 Your own Risk: You acknowledge and agree that the entire risk arising out of Your use of the Matras Platform Products remains with You, to the maximum extent permitted by law. You hereby acknowledge and agree that You are aware of the fact that using the Matras Platform Product You may suffer a loss on financial markets and such loss shall be completely covered by You and it shall not give to You any right or claim against Credit Trading Ltd. from whatever reason. Further You hereby acknowledge and agree that any or all analysis, recommendations, signals, definitions, trends, examples, advices or tabs included and/or contained in the Matras Platform Products (i) do not represent Credit Trading Ltd. ́s views or opinions or advises or recommended strategies, and (ii) are not intended to be of binding or obligatory nature and You are not bound in any way to respect them or include them into Your making decisions, and (iii) if you include them into Your making decisions, it shall not give You any right or claim against Credit Trading Ltd. from whatever reason and Credit Trading Ltd. shall bear no responsibility in such connection. Especially, but without any limitation to representations made above, You hereby acknowledge and agree that the graphical symbols in part “Signals” (especially arrows) are just graphical interpretations of mathematical calculations of current positions and do not represent actual investment strategies or recommendations and Credit Trading Ltd. shall not bear any responsibility in using them in Your making investment decisions.

9.3 No Liability: The Matras Platform Products are being provided to You free of charge. Accordingly, you acknowledge and agree that Credit Trading Ltd. and/or its Affiliates and/or their stuff and /or their licensors will have no liability in connection with or arising from Your use of the Matras Platform Products as set forth below. Your only right or remedy with respect to any problems of dissatisfaction with the Matras Platform Products is to immediately deinstall and cease use of the Matras Platform Products.

9.4 Limitation of Liability: In no event shall Credit Trading Ltd. and/or its Affiliates and/or their stuff and /or their licensors be liable, whether in contract, warranty, tort (including negligence), product liability or any other form of liability, for:

9.4.1 any indirect, incidental, special or consequential damages (including without limitation any loss of or corruption to data, interruption, computer failure or pecuniary loss) arising from the use or inability to use the Matras Platform Products, and

9.4.2 any loss of income, business or profits (whether direct or indirect) arising from the use or inability to use the Matras Platform Products, and

9.4.3 any loss or damage which may be incurred by You as a result of:

(i) any disruptions or delays in any communication when using the Matras Platform Products;

(ii) the suspension or termination of the Terms and Conditions by You or by Credit Trading Ltd. for any reason,

(iii) the release or the decision not to release new versions of the Matras Platform Products to You.

9.5 The limitations on Credit Trading Ltd. ́s liability to You in cl. 9.4 above shall apply whether or not Credit Trading Ltd. and/or its Affiliates and/or its stuff have been advised of the possibility of such losses or damages arising.

9.6 No unlawful exclusions: Nothing in the Terms and Conditions is intended to exclude or restrict or shall be construed as excluding or restricting the liability of Credit Trading Ltd. which cannot be limited or excluded by respective law.

9.7 Jurisdiction’s Limitations: As some jurisdictions do not allow some of the exclusions or limitations as set forth above, some of these exclusions or limitations may not apply to You. In such event the liability will be limited to the maximum extent possible within the applicable legislation.

10. CONFIDENTIALITY

10.1 The parties agree that the contents of the Terms and Conditions and the Matras Platform Products shall be kept confidential. It is being understood, however, that this shall not restrict either party from giving full information on the Terms and Conditions and the Matras Platform Products to (i) external auditors, or (ii) governmental or regulatory bodies having jurisdiction over the party, or (iii) service providers to the extent necessary to enable such to perform their duties in connection with the Terms and Conditions and the Matras Platform Products.

10.2 Notwithstanding the above, You acknowledge and agree that Credit Trading Ltd. and/or its Affiliates, and/or their stuff and/or their licensors shall have access to the Matras Platform Products to the extent required by them to update the Matras Platform Products from time to time.

10.3 You agree to keep confidential and not to disclose or use except in performance of Your rights and obligations under the Terms and Conditions all information related to or contained in the Matras Platform Products, whether disclosed previously, currently or subsequently, hereunder or otherwise. Each party shall use reasonable precautions to protect the other’s confidential information.

10.4 Each party, with providing prior reasonable written notice to the other party, may disclose such confidential information to the minimum extent possible that is required to be disclosed pursuant to the lawful requirement or upon request of a governmental entity or regulatory agency, provided that reasonable measures are taken to guard against further disclosure, including without limitation, seeking appropriate confidential treatment or a protective order, or assisting the other party to do so.

11. MISCELLANEOUS

11.1 Entire Terms and Conditions: The Terms and Conditions constitute the entire agreement between You and Credit Trading Ltd. with respect to the Matras Platform Products and will supersede and replace and change (i) all prior understandings and agreements, unless they have been entered into in writing as a separate document, regarding the subject matter, and (ii) any provision of respective laws or regulations which are allowed to be superseded or replaced or changed. Nothing in this clause shall exclude or restrict the liability of You arising out of fraud or fraudulent misrepresentation.

11.2 Partial Invalidity: If any provision of the Terms and Conditions, or any part of a provision, is found by any court or administrative body of competent jurisdiction or other competent body to be illegal, invalid or unenforceable, and the provision (or part-provision) in question is not of a fundamental nature to the Terms and Conditions as a whole, the legality, validity or enforceability of the remainder of the Terms and Conditions shall not be affected.

11.3 No waiver: The failure to exercise, or delay in exercising, a right, power or remedy provided by the Terms and Conditions or by law shall not constitute a waiver of that right, power or remedy. If Credit Trading Ltd. waives a breach of any provision of the Terms and Conditions this shall not operate as a waiver of a subsequent breach of that provision, or as a waiver of a breach of any other provision.

11.4 Assignment: You are not allowed to assign the Terms and Conditions or any rights or claims hereunder. Credit Trading Ltd. is allowed at its sole discretion to assign the Terms and Conditions or any rights or claims hereunder to any third party, without giving prior notice.

11.5 No partnership: Nothing in the Terms and Conditions and no action taken by the parties pursuant to the Terms and Conditions shall constitute, or be deemed to constitute, the parties a partnership, association, join venture or other co-operative entity.

11.6 Force Majeure: A party is not liable for failure to perform the party’s obligations if such failure is as a result of Acts of God (including fire, flood, earthquake, storm, hurricane or other natural disaster), war, invasion, act of foreign enemies, hostilities (regardless of whether war is declared), civil war, rebellion, revolution, insurrection, military or usurped power or confiscation, terrorist activities, nationalization, government sanction, blockage, embargo, labor dispute, strike, lockout or interruption or failure of electricity or telephone service.

11.7 Applicable Law and Competent Court: The Terms and Conditions and all relationships arising from or connected with the Terms and Conditions, including questions of their validity, and using of the Matras Platform Products shall be governed by and interpreted in accordance with the laws of Slovakia and shall be subject to the jurisdiction of the courts of Slovakia under respective law.

11.8 Language: The original English version of the Terms and Conditions may have been translated into other languages. In the event of inconsistency or discrepancy between the English version and any other language version, the English language version shall prevail, unless expressly set forth otherwise under applicable law.

11.9 Survival: All provisions of the Terms and Conditions (i) which are expressed to survive or operate in the event of termination, or (ii) which meaning provides for operation in the event of termination, shall survive termination of the Terms and Conditions and shall be applicable further.