Storage Genie Terms and Conditions

This Services Agreement (“Agreement”) is between Customer and OpenTech Alliance, Inc. (“OpenTech”) located at 2501 W. Dunlap Ave., Suite 255, Phoenix, AZ 85021.

License

Subject to the terms and conditions of this Agreement and Customer’s payment of all fees, during the term of this Agreement, OpenTech grants Customer a non-exclusive, non-transferable, limited license to access and use any OpenTech software, including any embedded third party technology, and related updates and features made accessible to Customer by OpenTech (the “Software”), the Storage Genie services (the “Services”), and related materials (collectively the “Product”) described in this Agreement solely for Customer’s self-storage business in the territories set forth in this Agreement. All rights not expressly granted to Customer hereunder are expressly reserved by OpenTech. All copyrights, patents, trade secrets, trademarks, service marks, trade names, moral rights, and other intellectual property and proprietary rights in the Products and all improvements, enhancements, or modifications thereto shall remain the sole and exclusive property of OpenTech. Customer shall not (nor shall it permit any third party to): (i) copy or manufacture the Products or any portion thereof or otherwise use the Products to develop a competing product or service; (ii) translate, modify, adapt, enhance, extend, decompile, disassemble, reverse engineer, or otherwise attempt to derive the trade secrets embodied in the Products or any portion thereof or remove any proprietary, disclaimer, or warning notice thereon; or (iii) use or allow the transfer, transmission, export, or re-export of the Products or any portion thereof outside the territories set forth in this Agreement or otherwise in violation of applicable law. Customer may not assign, transfer, or delegate its rights or obligations hereunder without the prior written consent of OpenTech

Confidential information

The parties agree that information designated by a party as confidential or reasonably understood by the parties to be confidential, is confidential and proprietary to the disclosing party, and each party agrees to keep such information strictly confidential until the information becomes public knowledge without breach of this Agreement or similar confidentiality requirements. The Products are OpenTech’s confidential information.

Term of service

The Products are an annual commitment commencing on the first day of Services or use of Software and will automatically renew annually unless either Customer or OpenTech gives written notice to the other party of its intention not to renew at least 60 days prior to expiration of the then current term. OpenTech will provide Customer at least 60 days prior to expiration of the current term, written notice of OpenTech’s election not to renew or any fee changes.

Payment terms

The Annual Services fee will be invoiced by email in advance; if Customer requires that the invoice be sent by USPS, then a $5 service fee will be added to each invoice. The Services fee will be prorated and due immediately following the completion of STC. Should any invoice for Services ordered be outstanding for over sixty (60) days, OpenTech may terminate the Agreement immediately upon notice to Customer

Warranty and liability limitations

Except as expressly set forth herein, no other warranties, whether express or implied, including but not limited to any implied warranties of merchantability, fitness for a particular purpose,quiet enjoyment, quality of information, and title/non-infringement. No oral or written information or advice given by opentech or its representatives will create any other warranties or in any way increase the scope of opentech’s obligations hereunder. Opentech shall not be liable to customer or any third party for loss of profits, sales, business, data, or other, incidental, special, or consequential losses, damages, or expenses, including exemplary and punitive, directly or indirectly arising from this agreement, the products, or the provision of services by opentech, or from any other cause with respect to the products, services, or this agreement, whether such claim is based upon breach of contract, breach of warranty, strict liability in tort, negligence, or any other legal theory. Opentech’s total liability hereunder to customer or any third party arising out of this agreement or the services in any case is expressly limited to crediting customer with an amount equal to the fees for the service during the twelve (12) months immediately preceding the event giving rise to liability. Any claim by customer with reference to the service provided hereunder, for any cause, shall be deemed waived by customer unless submitted to opentech in writing within thirty (30) days from the date customer discovered, or should have discovered, any claimed breach. This section will survive termination or expiration of this agreement for any reason. Opentech does not undertake or accept any liability whatsoever to the customer for errors, omissions, delays, interruptions, or losses.

OpenTech shall have no liability or responsibility with respect to any dispute between Customer and its clients, including any dispute arising out of, or related to, use of or access to the Products by Customer’s clients. Customer agrees to indemnify, defend, and hold harmless OpenTech from and against any and all claims, actions, proceedings, liabilities, damages, losses, costs or expenses, including attorneys’ fees arising from Customer’s clients, the acts or omissions of Customer, or Customer’s use of the Products.

Information security

Consistent with any law or regulation applicable to the Products and OpenTech’s then current practices and procedures, OpenTech will maintain and enforce administrative, technical, and physical safeguards to reasonably protect the confidentiality, availability, and integrity of any Customer data accessible to OpenTech as a result of this Agreement. OpenTech will promptly report to Customer any compromise of security that it becomes aware of with regard to Customer data. The products may be used to access and transfer information over the internet. Customer acknowledges and agrees that opentech does not operate or control the internet and that: (i) viruses, worms, trojan horses, or other undesirable data or software; or (ii) unauthorized users (e.g., hackers) may attempt to obtain access to and damage customer data, web sites, computers, or networks and opentech is not responsible for such activities.

Governing law/jurisdiction

This Agreement shall be deemed to have been executed and delivered in Phoenix, Arizona. This Agreement and all rights and obligations hereunder, including matters of construction, validity, and performance, shall be governed by the internal laws of the State of Arizona, without giving effect to the principles of conflicts of law thereof. Any lawsuit arising from or related to this Agreement shall be brought in a state or federal court located in Maricopa County, Arizona, and both OpenTech and Customer hereby consent to the jurisdiction of such courts.

Entire agreement and modifications

This Agreement and any exhibits attached hereto represent the entire agreement between the parties with respect to the Products. No alteration or modifications of this Agreement will be valid unless made in writing and signed by the parties. No attachment, supplement, or exhibit to this Agreement shall be valid unless initialed by an authorized signatory of OpenTech. No modification of any of these terms will be affected by OpenTech’s provision of Products following receipt of Customer’s purchase order, shipping request, or similar forms containing terms and conditions conflicting or inconsistent with the terms herein.