This Marketplace Seller Agreement (“Agreement”) is made effective upon Seller’s acceptance of “Agree To Terms” in the enrollment section of Seller Tools (“Effective Date”) by and between Melanoid Exchange LLC., a limited liability company, dba MelanoidExchange.com , and Seller (“Seller”). Party or Parties will mean, individually, MelanoidExchange.com or Seller as the context requires and, together, MelanoidExchange.com and Seller. This Agreement (and any Exhibits hereto) constitutes the entire understanding and agreement with respect to the subject matter hereof and supersedes all prior agreements between or among the parties relating to the subject matter of this Agreement and all past dealing or industry custom.

RECITALS

WHEREAS, Seller is in the business of selling consumer and business products (“Products”);

WHEREAS, MelanoidExchange.com provides a platform for select third party shop owners, to sell their products on the MelanoidExchange.com website (“the Site”) and App pursuant to its Marketplace program (“Marketplace Program”);

WHEREAS, Seller desires to offer certain products for sale through the Site and App;

WHEREAS, MelanoidExchange.com and Seller desire to set forth in this Agreement the terms and conditions that will govern Seller’s offer and sale of Products on the Site and App in connection with the Marketplace Program.

NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, hereby agree as follows:

Definitions

For purposes of this Agreement, capitalized terms will have the meaning specified in their contextual paragraph, or where not otherwise defined herein, will have the meanings specified below:

“Affiliate” will mean any business that directly or indirectly is controlled by or is under common control with Melanoid Exchange LLC.

“Claims(s)” will mean any and all foreseeable or unforeseeable and alleged or actual actions, causes of action (whether in tort, agreement or strict liability, and whether in law, equity, statutory or otherwise), claims, demands, lawsuits, legal proceedings, administrative or other proceedings or litigation.

“Intellectual Property” means any trademark, trade name, service mark, copyright, patent, logo, moral right, trade secret and any other intellectual property right arising under any Law and all ancillary and related rights, including all rights of registration and renewal and causes of action for misappropriation, infringement or violation of any of the foregoing.

“Law” shall mean any law, ordinance, rule, regulation, order, license, permit, judgment, decision or other requirement, now or hereafter in effect, or any governmental authority of competent jurisdiction.

“Losses” shall mean any and all damages (including, without limitation, past, future, direct, indirect, economic, noneconomic, consequential, special, exemplary, incidental, and punitive), sanctions, settlement payments, disbursements, judgments, liability, losses (including lost income or profit), costs or expenses of any nature whatsoever, whether accrued, absolute, contingent or otherwise, including, without limitation, attorneys’ fees and costs.

“Seller Content” shall mean all images, product information and content including without limitation, the product data, (i) provided by Seller to MelanoidExchange.com or its Affiliates for use in connection with the Marketplace Program and (ii) otherwise made available by Seller to Customer on the MelanoidExchange.com Site (e.g. through Seller’s distribution or hosting of such images, content or information).

Agreement to MelanoidExchange.com’s Terms and Conditions and Privacy Policy

The terms of this Marketplace Seller Agreement are in addition to and supplement Melanoid Exchange LLC Terms and Conditions and Privacy Policy posted on the MelanoidExchange.com website. By entering this Marketplace Seller Agreement, you also affirm your agreement to abide by MelanoidExchange.com’s Terms and Conditions and Privacy Policy. MelanoidExchange.com reserves the right to change any of the terms and conditions contained within the posted Terms and Conditions and Privacy Policy, at any time and in its sole discretion. Any changes will be effective upon posting of the revisions on the Site. All notice of changes will be posted on the Site for thirty (30) days. You are responsible for reviewing the notice and any applicable changes. Changes to referenced policies and guidelines may be posted without notice to you. Your continued use of the MelanoidExchange.com site and the Marketplace Program following MelanoidExchange.com’s posting of any changes will constitute your acceptance of such changes or modifications. If you do not agree to any changes in the Terms and Conditions or Privacy Policy, do not continue to use the services or MelanoidExchange.com Site.

Seller Onboarding

In order for Seller to start listing Products on the Site, MelanoidExchange.com will open on Seller’s behalf a Seller Marketplace account on the Seller portal. Within (3) three weeks from the opening of the account, Seller will be required to upload all necessary Seller Content and prepare the Seller storefront to go live on the Site. If Seller fails to take any such actions within the aforementioned period, MelanoidExchange.com may suspend the account.

Seller’s Content License Grant

License for Content

By entering into this Agreement and listing an item, Seller grants, as well as represents and warrants that it has the right to grant to MelanoidExchange.com and its Affiliates a royalty-free, non-exclusive, worldwide, sublicensable, perpetual, irrevocable right and license to use, reproduce, perform, display, distribute, adapt, modify, re-format, create derivative works of, commercially or non-commercially exploit in any manner, incorporate and imbed into other works, and distribute Seller Content throughout the MelanoidExchange.com Site and all Affiliate properties and on those marketplaces that MelanoidExchange.com participates.

License for Marks

Seller hereby grants MelanoidExchange.com and its Affiliates and marketing partners a non-exclusive, royalty-free, non-transferable license to publish, use, reproduce, distribute, transmit, and display Seller’s name, trademarks, service marks and logos (“Seller’s Marks”) during the Term in connection with the Marketplace Program.

Product Information and Other Content

Content

Seller agrees and warrants that any and all Seller Content: (a) will be truthful, accurate, and not misleading or otherwise deceptive; (b) will not violate the intellectual property rights of any third party such as copyright, patent, trademark, trade secret or other proprietary rights, rights of publicity or privacy; (c) will not violate any law, statute, ordinance or regulation; (d) will not be defamatory, trade libelous, unlawfully threatening or unlawfully harassing; and (e) will not create liability for MelanoidExchange.com. Seller agrees that any and all Seller Content may be publicly displayed by MelanoidExchange.com as MelaniodExchange.com sees fit and at no charge to MelanoidExchange.com. Seller will only provide content for Products that fit into the categories or parameters approved in writing by MelanoidExchange.com. Seller may provide MelanoidExchange.com with Content for Products in additional categories or parameters only upon the prior written consent of MelanoidExchange.com (which, in this case, may be given by email). At its request, MelanoidExchange.com will have the option to review Seller’s complete product catalog on a regular basis and in a mutually agreed upon format in order to review assortment decisions. If Sel8udler receives Customer ratings or reviews for its Products directly or through third parties, then MelanoidExchange.com and Seller may mutually agree to have Seller provide such ratings and reviews to MelanoidExchange.com as part of the Content. MelanoidExchange.com will not have any responsibility for or liability with respect to Seller’s Content.

Excluded Products

You hereby represent and warrant that you will not list, offer or sell products that: (a) are stolen or counterfeit; (b) violate the intellectual property rights of others such as copyright, patent, trademark, trade secret or other proprietary rights, rights of publicity or privacy; (c) you do not have full right and authority to sell; (d) contain any viruses, Trojan horses, worms, or other computer programming routines that may damage, detrimentally interfere with, surreptitiously intercept or expropriate any system, data or personal information; (e) violate any law, statute, ordinance or regulation (such as those governing export control or consumer protection); (f) contain any material that is obscene, pornographic or that contains child pornography; and/or (g) create liability for MelanoidExchange.com. If Seller is restricted from selling certain Products on the MelanoidExchange.com Site due to supplier brand restrictions or if Seller is not an authorized reseller for any Product, Seller will withhold such Products from the assortment it provides MelanoidExchange.com provided that it will promptly notify MelanoidExchange.com in writing of such removal. Prior to launch and upon MelanoidExchange.com’s request, Seller will provide MelanoidExchange.com with a list of all Products that will be excluded from the Item File at launch and specify why each Product is being excluded.

Product Authenticity and Safety

Authenticity / Authorization

All products sold through the Marketplace Program will be received by Seller directly from the brand owner or from an authorized supplier of the brand owner, and Seller must be an authorized reseller of the Products. Seller will maintain adequate processes and procedures for conducting diligence to assure that Products are authentic, authorized for sale, and not stolen, counterfeit, illegal or misbranded. Upon MelanoidExchanges.com’s request, Seller will promptly provide MelanoidExchange.com with (i) certificates of authenticity (or similar documentation) for Products and (ii) documentation (e.g. email verifications from the brand owner or supplier) showing that Seller is permitted to sell specific brands or Products through the MelanoidExchange.com site.

Safety, Testing and Certification

Seller will comply with, and ensure that all Products comply with all product safety, testing and certification requirements under applicable Law, including without limitation, the Consumer Product Safety Act, as amended, the Consumer Product Safety Improvement Act of 2008, as may be amended from time to time, the Federal Hazardous Substances Act, as may be amended from time to time, and all other Law under the jurisdiction of the Consumer Product Safety Commission (“CPSC”). Seller will obtain copies of GCCs from its suppliers or manufacturers for all Products for which a GCC is required under applicable Law. Seller will promptly notify MelanoidExchanges.com in writing of all warnings, disclaimers or any other similar notices required by applicable Laws to be posted with respect to Products.

Certifications

Seller shall provide MelanoidExchange.com with written certification from an officer of Seller stating that Seller has complied with any of Seller’s obligations under this Agreement, including, for example and without limitation, compliance with consumer product safety laws, authenticity of Products, or restrictions on use of Transaction Information.

Fees and Commissions

Commission Fees

When Seller sells a Product through the MelanoidExchange.com Site, MelanoidExchange.com shall earn a commission fee (“Commission Fee”) equal to 6 % of the subtotal of each Sale. The Shipping and Handling will be set by the seller, Stripe or PayPal fees, are added to the subtotal of each sale. State taxes may or may not apply depending on goods.

Seller Payment

Commission fees and other amounts owed to MelanoidExchange.com will be deducted from the amounts received from Customers for the purchase of Seller’s Products through the MelanoidExchange.com Site (such resulting amount, “Seller Payment”), and MelanoidExchange.com shall have no obligation to make any Seller Payment to Seller with respect to any Products, unless and until MelanoidExchange.com actually receives payment from such customer. MelanoidExchange.com shall pay to you the owed Seller Payment associated with amounts received by MelanoidExchange.com from purchases previously made from and fulfilled by you through the Marketplace. Seller Payments shall be made to the U.S. bank account or PayPal that you designate to receive payment.

Withholding of Payment

MelanoidExchange.com may withhold the payment of funds to you, or return funds to the buyer, if you are the subject of an investigation, or there is a claim again you, for any suspected or alleged wrongful conduct or any violation of this Marketplace Seller Agreement, and you agree that MelanoidExchange.com will not be liable to you for any such amounts.

Purchase/Order Processing, Fulfillment and Shipping

Orders

Seller will be the Seller of record. Customers purchasing Products through the MelanoidExchange.com Site (each a “Customer” and together “Customers”) will place orders using the MelanoidExchange.com checkout system and MelanoidExchange.com will collect all proceeds from such transactions, including shipping costs and applicable taxes based on shipment options and tax designations provided by Seller to MelanoidExchange.com. The Customer is the Buyer or Purchaser of Record. MelanoidExchange.com will electronically transmit to Shop Owner the order information (e.g. Customer name, shipping address, and anonymized email) (“Transaction Information”) that MelanoidExchange.com determines Seller needs to fulfill each order, including without limitation, shipping Product(s) to Customers and providing Customer service. MelanoidExchange.com will send an automated email message to each Customer confirming receipt of an Order. Seller will provide MelanoidExchange.com with Seller’s Customer service contact information which MelanoidExchange.com may include in such confirmation email and/or on the MelanoidExchange.com website.

Risk of Fraud and Loss

Seller’s bears the risk of all fraud except credit card payment chargebacks for orders shipped to the address provided by MelanoidExchange.com. Seller will be responsible for all costs related to fraud under any other circumstance, and all chargebacks related to Products sold and Product fulfillment and delivery. For all credit card chargebacks for which Seller bears the risk, MelanoidExchange.com will offset such chargeback amounts against amounts otherwise owed Seller, or send Seller an invoice and Seller will pay such invoice within thirty (30) days of receipt.

Fulfillment of Orders

(a) Once MelanoidExchange.com has transmitted an order to Seller, Seller will at its own expense, be solely responsible for, and bear all liability for, the fulfillment of the Order, including without limitation, packaging and shipping of Products, securing the services of and payment of any freight forwarder or customs broker service charges (as may be required for any particular shipment), import or export duties or taxes (as applicable), and Customer service. Seller agrees that legal ownership and all risk of loss of the Products remains with Seller until the Customer physically receives the Product from Seller. If Seller cannot fulfill the entire quantity of a purchase order (PO) line in an Order, then the Seller will cancel that PO line, fulfill all other lines in the Order and notify MelanoidExchange.com of such cancellation. If the Order consists of one PO line that Seller cannot fulfill the entire quantity for, then Seller will cancel the entire Order and notify MelanoidExchange.com.

(b) Seller will ship only the product purchased by the Customer and will not include any additional products, materials or information not purchased by the Customer, other than those materials included in all shipments sold by Seller.

Shipping

(a) Seller is responsible for properly specifying shipping options for all Products in its Item File or through the Seller interface on the Marketplace, and for properly handling all returns, including without limitation, those for Products that have unique requirements for shipping and return handling, including without limitation, hazmat or perishable Products to the extent such Products are permitted to be sold on the MelanoidExchange.com site. The Seller will be able to set their own shipping price and select the shipping company of their choice. The Seller should enter all tracking information on the Melanoid Exchange Dashboard Portal. The Seller will accept payments from MelanoidExchange.com based on the specified shipping charges as full payment for the shipping of such Products to the Customer.

(b) Seller will ship items ordered by Customers (i) by placing the ordered items into the custody of the appropriate shipping agency or freight forwarder within seven business days following notification of the order or, (ii) if the MelanoidExchange.com Marketplace explicitly supports longer shipping windows in the published specifications provided to you, within specification-compliant timeframe specified in your inventory file which is current at the time of the transaction. Seller will provide notice of shipment to MelanoidExchange.com through the Seller interface on the Marketplace, and Seller hereby represents and warrants that it will only provide notification of shipment following actual shipment of the product. If MelanoidExchange.com does not receive a shipment notification notice from Seller within seven days of placement of Order, the Order may be cancelled by MelanoidExchange.com and Seller will be responsible for all Product costs and shipping costs associated with such cancelled order.

Payment

MelanoidExchange.com will process all payments from Customers on the Marketplace and remit to Seller any amounts owed to Seller on a schedule to be maintained by MelanoidExchange.com and noticed to Seller from time to time. MelanoidExchange.com reserves the right to offset any overpayments against future payments which would be due to the Seller.

Cancellations, Returns and Refunds

Responsibilities

Seller is responsible for processing all Customer cancellations, returns, refunds, and/or Customer service price adjustments. Seller will provide MelanoidExchange.com with its Customer return, refund and price adjustment policies (“Customer Service Policies”) for display on the MelanoidExchange.com Site. Seller’s Customer Service Policies for Products sold through the MelanoidExchange.com Site will be no less favorable to Customers than Seller’s most favorable policies offered on Seller’s own Site or on other Marketplaces for such Products. If Seller does not provide such Customer Service Policies to MelanoidExchange.com prior to the Effective Date, then Seller shall be deemed to have adopted MelanoidExchange.com’s standard customer service policies as may be adopted and/or revised from time to time. Seller shall notify MelanoidExchange.com of any material changes to Seller’s Customer Service Policies at least fourteen (14) days prior to Seller’s implementation of such changes, provided, however, that any such changes shall not be effective with respect to orders until the revised Seller Customer Service Policy has been posted to the MelanoidExchange.com Site.

Refunds

Seller will be responsible for all non-cash refunds (e.g. store credit and exchanges) according to the Seller’s own return policy If Seller provides Customer directly with a cash or non-cash refund (e.g. Seller credit or gift card), MelanoidExchange.com shall retain the full amount of the Commission Fee attributable to such Customer refund. If MelanoidExchange.com makes a cash refund to a Customer for a Product returned to Seller, MelanoidExchange.com in its sole discretion, will obtain a refund of the Seller Payment received by Seller for such returned Products either via (i) offset of any amounts payable by MelanoidExchange.com to Seller or (ii) by billing Seller for such amounts.

Parity with Seller’s Sales Channels

Parity

Seller will maintain parity between the Products it offers through the Seller Site and the Products offered on the MelanoidExchange.com Site by ensuring that at all times: (a) the purchase price and every other term of offer and/or sale of the Products (including associated shipping and handling charges and options, any “low price” guarantee, rebate or discount, any free or discounted products or other benefit available as a result of purchasing one or more other products, and terms of applicable return and refund policies) is at least as favorable to MelanoidExchange.com users as the most favorable terms upon which a product is offered and/or sold via the Seller Site or by Seller on any other third party marketplace; (b) customer service for the Products is at least as responsive and available and offers at least the same level of support as the most favorable customer service offered in connection with the Seller site; and (c) the Content, including without limitation, the product images, description and other information regarding the Products, provided by Seller to MelanoidExchange.com for the MelanoidExchange.com site (i) is of at least the same level of quality as the highest quality information displayed or used on the Seller site or provided by Seller to any other third party marketplace and (ii) provides users of the MelanoidExchange.com site with at least as much product information, images and other content as the information provided by Seller on any other site

Ownership and Use of Transaction Information

MelanoidExchange.com shall own all Transaction Information

Seller may only use Transaction Information to further a transaction related to this Agreement, in accordance with the terms of this Agreement, MelanoidExchange.com’s Marketplace Privacy Policy and all applicable Law. Seller will not (i) disclose or convey any Transaction Information to any third party (except as necessary for Seller to perform its obligations under the Agreement); (ii) use any Transaction Information to conduct customer surveys or for any marketing or promotional purposes; (iii) contact a Customer that has ordered a Product that has not yet been delivered with the intent to collect any amounts in connection therewith or to influence such customer to make an alternative or additional purchase; or (iv) target communications of any kind on the basis of the intended recipient being a MelanoidExchange.com user.

Ratings and Reviews

MelanoidExchange.com may use mechanisms that rate or review, or allows shoppers to rate or review, Seller’s Products and Seller’s performance as a Seller and MelanoidExchange.com may make these ratings publicly available. MelanoidExchange.com will have no liability to Seller for the content or accuracy of any ratings or reviews. Seller shall have no ownership interest in or license to use any rating or reviews posted on the MelanoidExchange.com site.

Taxes

Taxpayer and Seller of Record

Seller is the taxpayer and vendor/shop owner/retailer of record and must comply with all applicable tax Law. Seller shall be solely liable for any tax liabilities, including without limitation, any penalties or interest. All references to “tax” or “taxes” in this Agreement shall mean all taxes and fees, including without limitation, sales, use and surcharge taxes, import or export duties, and all related ancillary taxes and fees, including without limitation, electronic waste recycling fees.

Seller Warranty

Seller is solely responsible for determining the amount of sales, use or other taxes owed as a result of the sale of Products, and is solely responsible report and remit any such sales, use or other taxes required under applicable law. Seller shall have the option of requesting that MelanoidExchange.com collect tax on Seller’s behalf. Seller hereby represents and warrants that it will (a) identify all states in which it has an obligation to collect and remit sales and/or use tax during registration, (b) keep such information updated at all times, and (c) will remit all such taxes collected and provided to Seller by MelanoidExchange.com. Upon the request of MelanoidExchange.com, Seller will immediately provide verifiable proof acceptable to MelanoidExchange.com of Seller’s remittance of all sales/use tax collected through the Marketplace. If Seller is unable to provide such proof to the satisfaction of MelanoidExchange.com, MelanoidExchange.com may withhold and retain all such amounts and/or terminate Seller’s Marketplace account. Seller acknowledges and agrees that MelanoidExchange.com has no responsibility to collect, report or remit sales, use or any other applicable taxes in connection with your sale.

Sales Tax

Without limiting the generality of the foregoing, MelanoidExchange.com will automatically charge sales tax with respect to any products shipped to certain States in the United States [and its territories], as determined by MelanoidExchange.com in its sole discretion, and noticed to you on [URL], and all such amounts shall be remitted by MelanoidExchange.com to the State from amounts received by MelanoidExchange.com from customers.

Information Security

Seller will use appropriate internal information security practices to prevent the compromise of its information systems, computer networks and data files by unauthorized users, viruses or malicious computer programs which could in turn be transmitted to MelanoidExchange.com or compromise the security of MelanoidExchange.com Confidential Information, including without limitation, the Transaction Information. Seller shall be responsible for any costs, damages or legal notification procedures resulting from any breach of this Section.

Confidential Information

Obligations

Both Parties acknowledge that either Party may receive (“Receiving Party”) Confidential Information from the other Party (“Disclosing Party”) during the Term, and such Confidential information will be deemed to have been received in confidence and will be used only for purposes of this Agreement. The Receiving Party shall use the Disclosing Party’s Confidential Information only to perform its obligations under this Agreement and disclose the Disclosing Party’s Confidential Information only to the Receiving Party’s personnel, contractors and affiliates having a need to know the information for the purpose of this Agreement. The Receiving Party shall treat the Confidential Information as it does its own valuable and sensitive information of a similar nature and, in any event, with not less than a reasonable degree of care. Upon the Disclosing Party’s written request, the Receiving Party shall return or certify the destruction of all Confidential Information, and the obligation of confidentiality shall continue for three (3) years from the expiration or termination of this Agreement; provided however, the Receiving Party shall continue to keep confidential (i) any personally identifiable information (“PII” as required by this Agreement and any applicable Law, (ii) any trade secrets of the Disclosing Party as long as such information is deemed a trade secret and (iii) the terms of this Agreement. Seller agrees that MelanoidExchange.com may share Seller’s Confidential Information with its Affiliates for internal use only.

Definition

The term “Confidential Information” means all information communicated by the disclosing Party that should reasonably be considered confidential under the circumstances, notwithstanding whether it was identified as such at the time of disclosure, including, without limitation (a) the terms of this Agreement, (b) all trade secrets, (c) existing or contemplated products, services, designs, technology, processes, technical data, engineering, techniques, methodologies and concepts and any information related thereto, (d) information relating to business plans, sales or marketing methods and customer or supplier lists or requirements, and (e) all information identified as confidential to which Receiving Party has access in connection with the subject matter hereof, whether before or after the Effective Date. Seller shall also treat all Transaction Information, payment card data, tax codes, and PII as Confidential Information.

Exceptions

The obligations of either Party under this Section will not apply to information that the Receiving Party can demonstrate (a) was in its possession at the time of disclosure and without restriction as to confidentiality; (b) at the time of disclosure is generally available to the public or after disclosure becomes generally available to the public through no breach of agreement or other wrongful act or failure to act by the Receiving Party; provided, however, PII remains subject to confidentiality obligations regardless of its availability to the public or availability through unauthorized disclosure; (c) has been received from a third party without restriction on disclosure and without breach of agreement or other wrongful act by such third party or the Receiving Party; or (d) is independently developed by the Receiving Party without access to or use of the Confidential Information of the Disclosing Party.

Disclosure by Law

In the event the Receiving Party is required by Law, stock exchange requirement or legal process to disclose any of the Confidential Information, the Receiving Party agrees to (a) give the Disclosing Party, to the extent possible, advance notice prior to disclosure so the Disclosing Party may contest the disclosure or seek a protective order, and (b) limit the disclosure to the minimum amount that is legally required to be disclosed.

Representations and Warranties

Seller hereby represents and warrants to MelanoidExchange.com the following:

Authority

Seller is a corporation duly organized, validly existing and in good standing under the laws of the state where Seller was incorporated and Seller has full power and authority to execute and deliver this Agreement and to perform its obligations hereunder without any further ratification or approval. This Agreement constitutes the legal, valid, and binding obligations of Seller. Seller has the right, power and authority to grant the rights and licenses hereunder free and clear of any claims, liens and encumbrances.

No Conflicts

Neither the execution and delivery of this Agreement, nor the consummation of the transaction contemplated hereby, will violate or conflict with any obligation, contract or license which could reasonably be expected to interfere with the consummation of the transaction contemplated hereby.

Taxes

The person(s) inputting all tax related information (including without limitation, Tax Designations, and states in which Seller has a tax remittance obligation) (collectively “Tax Information”) into the Item File or otherwise providing such Tax Information to MelanoidExchange.com has adequate tax knowledge and enough information about Seller to accurately and completely enter such Tax Information. All Tax Information shall be accurate and complete. Seller shall promptly update any Tax Information in the Item File as necessary to collect the correct amount of tax from customers.

Term, Termination and Suspension

Term

This Agreement shall commence on the Effective Date and shall continue for two years thereafter (“Initial Term”) unless earlier terminated in accordance with the terms and conditions set forth in this Agreement. This Agreement will automatically renew for successive one (1) year periods upon expiration of the Initial Term (each a “Renewal Term” and together with the Initial Term, the “Term”), unless either Party gives written notice to the other Party of its intention not to renew at least thirty (30) days prior to the end of the then-current Initial Term or Renewal Term.

Termination for Breach

This Agreement may be terminated at any time by either Party if the other Party breaches any provision of this Agreement, and has failed to cure such breach within thirty (30) days of the receipt of written notice of breach from the non-breaching party, stating the nature and character of the breach. MelanoidExchange.com may immediately terminate this Agreement if Seller fails to meet any of its tax obligations, including without limitation the requirement of Seller to provide documentation proving that Seller has remitted collected taxes or fees to the appropriate jurisdiction(s) in accordance with Section 11; provided that Seller has been given written notice of such failure and has not cured such failure within five (5) days of receipt of such notice. Either Party may terminate this Agreement without prior notice or a cure period for breaches that are incapable of cure (including, but not limited to, a Party’s involvement in money laundering or terrorist activity). Upon termination of this Agreement under this Section 16.2, if for breach of Seller, any fees due to MelanoidExchange.com at the time of terminational shall immediately come due and; if for breach of MelanoidExchange.com, any prepaid but unused amounts by Seller up to the date of termination shall be refunded to Seller. Termination under this Section does not limit either Party from pursuing any other remedies available to such Party, including but not limited to injunctive relief.

Termination in the Event of Insolvency or Bankruptcy

Either Party may terminate this Agreement upon written notice to the other Party in the event (a) the other Party files a petition for bankruptcy or is adjudicated bankrupt; (b) a petition in bankruptcy is filed against the other Party and such petition is not dismissed within ninety (90) days; (c) the other Party becomes or is declared insolvent or makes an assignment for the benefit of its creditors or an arrangement for its creditors pursuant to any bankruptcy or other similar law; (d) the other Party ceases to do business in the normal course; or (e) a receiver is appointed for the other Party or its business.

MelanoidExchange.com Termination

MelanoidExchange.com may terminate this Agreement for any reason by giving thirty (30) days’ prior written notice to Seller.

Suspension

MelanoidExchange.com may immediately suspend Seller’s listing of Products on the MelanoidExchange.com Site for (i) Seller’s failure to comply with any service level agreement set forth in this Agreement, (ii) Seller’s failure to meet any tax obligations set forth in this Agreement, or (iii) any breach of Seller’s information security obligations set forth in Section 12 or breaches to Seller’s systems, until Seller has resolved such failure to MelanoidExchange.com’s reasonable satisfaction. Seller will work diligently and cooperate with MelanoidExchange.com to promptly remedy any service level, tax or information security failures within a reasonable period of time. Upon any termination or suspension of your account, MelanoidExchange.com may hold all Seller Payments for ninety (90) days to allow for the settlement of all amounts owed to MelanoidExchange.com.

Post-Termination Obligations

Seller will continue to have obligations under this Agreement after termination of the Agreement, including without limitation, the obligation to (i) provide customer service to Customers who purchased Products on the MelanoidExchange.com Site, (ii) pay any invoices delivered by MelanoidExchange.com in connection with the Agreement, (iii) notify MelanoidExchange.com and Customers of any recalls of its Products, (iv) remit any taxes collected to the proper jurisdiction(s) and (v) immediately notify MelanoidExchange.com of any security breach that allows a third party to view or access or otherwise compromise any Transaction Information.

Survival

The provisions of this Agreement which by their nature are intended to survive termination of the Agreement (including, without limitation, representations, warranties, indemnification, payment obligations, remedies, MelanoidExchange.com’s rights to use Seller’s suggestions and feedback, limitations of liability, choice of law, jurisdiction, and venue) shall survive its termination.

Indemnification

Indemnification Obligations

Seller will defend, indemnify and hold harmless MelanoidExchange.com and Affiliates and their respective employees, directors, agents and representatives (each an “Indemnitee”) from and against any and all Losses arising out of or related to third party Claims asserted against, imposed upon or incurred by an Indemnitee due to, arising out of or relating to: (a) any actual or alleged breach of Seller’s representations, warranties, or obligations set forth in this Agreement or any Seller breach of MelanoidExchange.com’s Terms and Conditions; (b) violation of any law, regulation or third-party right; (c) Seller’s own website or other sales channels, Seller’s Products (including the advertisement, offer, sale or return of any of Seller’s Products), Seller’s Content, any actual or alleged infringement of any intellectual property or proprietary rights by Seller’s Products or Content; (d) personal injury, death or property damage arising from Seller’s Products; and (e) any and all income, sales, use, and other Taxes, surcharges, fees, assessments or charges of any kind whatever, together with any interest, penalties and other additions with respect thereto, imposed by any federal, state, local or foreign government in any way related to the sale of the Products on the MelanoidExchange.com Site, specifically excluding however, any taxes related to MelanoidExchange.com’s net income. The term “taxes” is further defined to include and refer to any class action or qui tam legal claims grounded in an allegation or allegations that MelanoidExchange.com bears some civil or criminal liability for over- or under-collection of any tax or fee on sales of Products offered by Retailer.

Procedure for Indemnification

Upon receipt of notice, from whatever source, of Claims against MelanoidExchange.com for which Seller is obligated to indemnify MelanoidExchange.com, Seller immediately shall take necessary and appropriate action to protect MelanoidExchange.com’s interests with regard to the Claims. MelanoidExchange.com shall notify Seller of the assertion, filing or service of any Claims of which MelanoidExchange.com has knowledge, as soon as is reasonably practicable.

Settlement

Seller, in the defense of any Claim, shall not, except with the prior written consent of MelanoidExchange.com, consent to entry of any judgment or enter into any settlement that does not include as an unconditional term the giving by the claimant or plaintiff to MelanoidExchange.com or a release from all liability and blame with respect to the Claim. MelanoidExchange.com shall have the right at all times to accept or reject any offer to settle any Claim against it.

Warranty Disclaimer

THE MelanoidExchange.com MARKETPLACE AND ANY RELATED PRODUCTS, SERVICES, CONTENT, SOFTWARE, ARTWORK, DATA, AND INFORMATION ARE PROVIDED “AS IS.” MelanoidExchange.com EXPRESSLY DISCLAIMS ALL WARRANTIES AND/OR CONDITIONS, EXPRESS OR IMPLIED, AS TO ANY MATTER WHATSOEVER RELATING TO OR REFERENCED BY THE MelanoidExchange.com MARKETPLACE, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES AND/OR CONDITIONS OF MERCHANTABILITY OR QUALITY OF DATA AND FITNESS FOR A PARTICULAR PURPOSE, SUITABILITY, TITLE, NON-INFRINGEMENT, LACK OF VIRUSES OR CORRESPONDENCE TO DESCRIPTION. SELLER AGREES THAT IT’S USE OF THE MelanoidExchange.com MARKETPLACE IS ENTIRELY AT SELLER’S OWN RISK.

Limitation of Liability

THE ENTIRE RISK ARISING OUT OF SELLER’S USE OF THE MelanoidExchange.com MARKETPLACE, THE USE OF ANY SERVICES OFFERED IN CONNECTION WITH THE MARKETPLACE, AND/OR THE USE OF ANY CONTENT REMAINS WITH SELLER. IN NO EVENT SHALL MelanoidExchange.com OR ITS AFFILIATES OR ANY OF THEIR OFFICERS, DIRECTORS, EMPLOYEES, AGENTS OR AFFILIATES BE LIABLE FOR ANY CONSEQUENTIAL, INCIDENTAL, DIRECT, INDIRECT, SPECIAL, PUNITIVE, OR OTHER DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF BUSINESS PROFITS, BUSINESS INTERRUPTION, LOSS OF BUSINESS INFORMATION, OR OTHER PECUNIARY LOSS) ARISING OUT OF THIS MARKETPLACE SELLER AGREEMENT, SELLER’S USE OF THE MelanoidExchange.com MARKETPLACE OR ITS SERVICES, ANY INFORMATION OBTAINED THROUGH THE MARKETPLACE, ANY DELAY OR INABILITY TO USE THE MelanoidExchange.com MARKETPLACE OR RELATED SERVICES, THE PROVISION OF OR FAILURE TO PROVIDE SERVICES TO SELLER IN CONNECTION WITH THE MARKETPLACE, OR OTHERWISE ARISING OUT OF THE USE OF THE MelanoidExchange.com MARKETPLACE OR THE MelanoidExchange.com SITE WHETHER BASED ON CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY OR OTHERWISE EVEN IF MelanoidExchange.com HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. NOTWITHSTANDING ANYTHING ELSE IN THIS MARKETPLACE SELLER AGREEMENT, THE MAXIMUM LIABILITY THAT MelanoidExchange.com SHALL HAVE IS LIMITED TO THE ACTUAL VALUE OF ANY COMMISSIONS ACTUALLY RECEIVED BY MelanoidExchange.com IN CONNECTION WITH ANY SALES MADE BY SELLER THROUGH THE MARKETPLACE. SELLER ACKNOWLEDGES AND AGREES THAT THE LIMITATIONS OF LIABILITY, DISCLAIMERS OF WARRANTIES AND LIMITED REMEDIES SET FORTH HEREIN REPRESENT AN INSEPARABLE ALLOCATION OF RISK (INCLUDING, WITHOUT LIMITATION, IN THE EVENT OF A TOTAL AND FUNDAMENTAL BREACH OF THIS MARKETPLACE SELLER AGREEMENT) THAT IS AN ESSENTIAL BASIS OF THE BARGAIN BETWEEN THE PARTIES.

Notices

Any notice or other communication required or permitted to be made or given to either party under this Agreement shall be deemed sufficiently made or given on the date of delivery if delivered in person, by facsimile, or by overnight commercial courier service with tracking capabilities with costs prepaid, or three (3) days after the date of mailing if sent by certified first class U.S. mail, return receipt requested and postage prepaid, at the address of the parties set forth below or such other address as may be given from time to time under the terms of this notice provision.

For Seller: The address provided by Seller in the registration process.

For MelanoidExchange.com:

Melanoid Exchange LLC
4606 FM 1960 RD W Suite 400 Houston, TX 77069
e-mail: support@melanoidexchange.com

Controlling Law and Jurisdiction

The Parties mutually acknowledge and agree that Agreement shall be governed, controlled, interpreted and defined by and under the laws of the State of Texas and the United States, without regard to the conflicts of laws provisions thereof. Unless waived by MelanoidExchange.com (which it may do in its sole discretion) the exclusive jurisdiction and venue of any action with respect to the subject matter of this Agreement shall be the state and federal courts in the State of Texas. Service of process in any such action may be effected in the manner for delivery of notices.

Waivers and Amendments

Except as otherwise expressly provided herein, any provision of this Agreement may be amended and the observance of any provision of this Agreement may be waived (either generally or any particular instance and either retroactively or prospectively) only with the written consent of the parties. Any waiver or delay in the exercise by either party of any of its rights under this Agreement shall not be deemed to prejudice such party’s right of termination or enforcement for any further, continuing or other breach by the other party. This Agreement shall be controlling over additional or different terms of any order, confirmation, invoice or similar document, even if accepted in writing by both parties, and that waivers and amendments shall be effective only if made by non-pre-printed agreements clearly understood by both parties to be an amendment or waiver.

Severability

In the event that any provision of this Agreement shall be unenforceable or invalid under any applicable law or be so held by applicable court decision, such unenforceability or invalidity shall only apply to such provision and shall not render this Agreement unenforceable or invalid as a whole; and, in such event, such provision shall be modified or interpreted so as to best accomplish the objective of such unenforceable or invalid provision within the limits of applicable law or applicable court decision and the manifest intent of the parties hereto.

Relationship of the Parties

The parties here to expressly understand and agree that the other is an independent contractor in the performance of each and every part of this Agreement, is solely responsible for all of its employees and agents and its labor costs and expenses arising in connection therewith. This Agreement does not make either party the employee, agent or legal representative of the other.

Complete Agreement

This Agreement (and all Exhibits hereto) constitutes the entire understanding and agreement with respect to the subject matter hereof and supersedes all proposals, oral or written, all negotiations, conversations, or discussions between or among the parties relating to the subject matter of this Agreement and all past dealing or industry custom.

Headings

Section headings are for reference only and shall not affect the interpretation of this Agreement.

Counterparts

This Agreement may be executed in any number of separate counterparts each of which when executed by and delivered to the other party shall be an original as against the party whose signature appears thereon, but all such counterparts shall together constitute one and the same instrument.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement by persons duly authorized as of the date and year first above written.