Aggregation - Terms & Conditions

CAREFULLY READ AND REVIEW THE NOTICES, DISCLAIMERS, LIMITATIONS, TERMS, PROVISIONS AND CONDITIONS SET FORTH BELOW BEFORE USING THIS SITE OR ITS FEATURES IN WHOLE OR IN PART (HEREINAFTER REFERRED TO AS THE "AGREEMENT"). ANY USER WHO ACCEPTS, ASSENTS AND AGREES TO BE BOUND BY THE FOLLOWING TERMS OF USE - IS WELCOME TO USE THE FUNDS TRANSFER SERVICE AND ITS FEATURES, SUBJECT TO THIS AGREEMENT. THE SERVICES UNDER THIS AGREEMENT ARE PROVIDED BY PARSAM TECHNOLOGIES ("APPLICATION PROVIDER"). AS USED IN THIS AGREEMENT, THE WORDS "YOU" AND "YOUR" REFER TO YOU AS THE PARTY AGREEING TO THE TERMS AND CONDITIONS TO USE THE SERVICES; THE WORDS "WE", "US", "OUR" REFER TO THE APPLICATION PROVIDER. ANY REFERENCE TO "APPLICATION PROVIDER" IN THIS AGREEMENT INCLUDES ANY DIRECTORS, OFFICERS, EMPLOYEES, CONTRACTORS, OWNERS, AGENTS, LICENSORS OR LICENSEES OF THE APPLICATION PROVIDER THE TERMS “FT SERVICES” AND ,“SERVICES” SHALL MEAN THE FUNDS TRANSFER SERVICE. THIS IS A LEGAL AGREEMENT BETWEEN YOU AND THE APPLICATION PROVIDER. BY USING THE SERVICE, YOU SIGNIFY YOUR AGREEMENT WITH THE TERMS AND CONDITIONS OF THIS AGREEMENT.

2. DESCRIPTION OF FUNDS TRANSFER SERVICE
   a. Access to Services. In order to use the Funds Transfer Services under this Agreement, you must obtain access to the World Wide Web, either directly or through devices that access web-based content, and pay any service fees associated with such access. In addition, you must provide all equipment necessary to make such connection to the World Wide Web, including a computer and modem or other access device

   b.  Unless explicitly stated otherwise, any new features that augment or enhance the current Service including, but not limited to, the release of new Application Provider properties, shall be subject to the Agreement. The Application Provider may modify the terms of this Agreement, and may discontinue or revise any or all other aspects of the Service in its sole and absolute discretion and without prior notice. You agree that your use of the Service is your signature and authorization for the Application Provider to serve as your agent to transact on your behalf. Each time you use the Service, you are authorizing the Application Provider as your agent to process your request through or with other service providers.

   c. Funds Transfer Service. In providing the Funds Transfer (“FT”) Services, the Application Provider acts as a payment service facilitator to help you accept payments from and make payments to your accounts with different financial institutions. We act as your agent based upon your direction and your requests to use the FT Service that require us to perform tasks on your behalf. We will at all times hold your funds separate from our corporate funds, will not use your funds for our operating expenses or any other corporate purposes, and will not voluntarily make funds available to its creditors in the event of bankruptcy or for any other purpose. You acknowledge that (i) Application Provider is not a bank and the FT Service is a payment processing service rather than a banking service, and (ii) Application Provider is not acting as a trustee, fiduciary or escrow with respect to your funds, but is acting only as an agent and custodian. You agree that you will not receive interest or other earnings on the funds that we handle as your agent.. By initiating and sending payments through the FT Service, you appoint Application Provider as your agent to transfer the funds from and to the accounts that you designate. When you send a payment, until that payment is completed, you remain the owner of those funds and Application Provider holds those funds as your agent.

The following terms and conditions will govern your use of the FT Service

1. To use the FT Service you must be at least eighteen (18) years old, a resident of the United States, and have an e-mail address.
2. You agree to use the FT Service for legal purpose and not in violation of any laws, including but not limited to, laws and regulation designed to prevent Money Laundering or the transfer of funds to or from persons or organizations whose accounts are blocked under the regulation of the US Treasury Department.
3. You may choose to add any of the Deposit Accounts or Card Accounts, (“FT Accounts”) which you would like to use with FT Service. All FT Accounts must be with financial institutions in the United States. Not all types of accounts are available for the FT Service. For example, retirement, business or corporate accounts. You must check with your financial institution to verify their ability to participate and provide electronic funds transfer services.
4. A Deposit Account or a Card Account may be added or deleted by you at any time.
   
   1. To add an FT Account (Activated Card Accounts and Deposit Accounts are collectively called active FT accounts), you authorize Application Provider to access such FT Account as needed to provide this service.
   2. Upon adding a Deposit Account, you authorize Application Provider to make small deposits and/or withdrawals to the Deposit Account to confirm your control of the account. The withdrawal(s) amount(s) will never be great than the deposit(s) amount. You agree to verify online the amounts of such deposits and/or withdrawals. The Deposit Account will be available – ‘activated’ for use with FT Service upon online verification of the amount of the deposits/withdrawals.
   3. In your specific set-up there may be some FT Account authorization requirements and activation with or without this deposit verification process.
   4. Upon your request, Application Provider will make electronic transfers from your Deposit Accounts via the Automated Clearing House (ACH) system in the amount you specify. You agree that such requests made with this service constitute your written authorization for such transfers. You agree to provide any additional written documents for authorization of such transfers through this FT Service, as required by law. Application Provider will only make transfers from your Deposit Accounts withyour authorization. The typical time to Send / Receive money using the ACH network is 3 to 5 days and to Send /Receive Money using credit card network is 2 to 3 days. However your specific transaction time may vary from this and the Application Provider does not guarantee any specific turn around time for the FT Service. You should check your accounts to see debit or credit of the amounts to confirm the status of funds.
   5. For a funds transfer transaction, we will debit one of your FT Accounts and credit another of you FT Accounts. If the debit transaction fails and credit side has been completed, you authorize us to collect from the FT Account to which the credit side of the funds transfer was sent. We reserve the right to resubmit a debit, or partial debit against any of your FT Accounts to recover any deficiency resulting from the original amount you authorized plus any fees imposed.
   6. If you use a Card Account to fund your transactions, the issuer of your Card Account shall determine whether to treat the transaction as a purchase, a cash advance, or as quasi cash and whether any additional fees will apply.
   7. US Federal regulations require your financial institution to limit the number of transactions that you authorize using your savings or money market account. Transactions funded from your savings or money market accounts will count towards this limit. You should check with your financial institution regarding their policy.
   8. Your financial institution may not investigate discrepancies between account number and names on the account. You agree that we are not responsible to investigate such discrepancies and may execute the transaction with account number reference only.
5. You represent and warrant that you are owner of and have the right to access, use, and authorize us to use these FT Accounts for information and funds transfer purpose as defined in this Agreement. If any of your FT Accounts has a joint account holder, you represent and warrant that the joint account holder has consented for you to represent both and use the account with this FT Service. If you do not have such consent, you should not use that account and we will terminate your use of FT Service if we are notified of such situation.
6. You represent and warrant that the information you provided here is true, accurate and complete and you have the legal rights to share this with us. You are granting us a limited power of attorney to follow your transfer instructions to access the FT Accounts and take whatever actions necessary including but not limited to transfer of funds to provide the FT Service under this Agreement.
7. You may not be able to cancel a transaction once you ‘submit’ it. You also acknowledge that once the recipient picks up money, it is non-reversible and non-refundable.
8. A history of your past transactions is kept online. We do not provide any paper statement or confirmation. Your account transactions are shown on your financial institution account statement.
9. The current balance information in the aggregation service may not be accurate due to many factors such as timing or posting difference or errors. Contact your financial institution to get most up-to-date available balance information.
10. Business days are Monday through Friday, excluding federal holidays. Saturday, Sunday and Monday are considered one business day. For the purpose of funds availability days end at 1:00 pm CST
11. If you close any of your FT Accounts, you are responsible to remove it from this FT Service to avoid any transaction failure and charges related to a failed transaction. There may be additional fees to you for failed transactions.
12. No International transactions are supported with this service.
13. The Application Provider is not responsible for money sent to unintended recipients because you provided or selected incorrect information.
14. All transactions will flow through your FT Accounts established with the system and all funds in those accounts are considered available for use in the FT Service. There may be limits on transaction amount imposed by this Service or your financial institution.
15. There may be limitations related to each transaction such as total amount, number of transactions allowed, or total transaction amounts. They are typically defined by your financial institution and are displayed within service overview.
16. You agree to pay Application Provider a twenty five dollar ($25.00) charge for any failed transaction due to insufficient funds or rejection or reversal of transaction by your FT Accounts institution. You authorize Application Provider to initiate an ACH debit to your account for such fees. If your account ever reflects an amount owed to us, you agree to pay such amount to us immediately upon demand. You agree to pay transaction fee associated with this service. They are typically defined by your financial institution and are displayed with service overview. Fees associated with each transfer are non-refundable. If your account ever reflects an amount owed to us, you agree to pay such amount to us immediately upon demand. You also agree to pay for all collection costs including reasonable attorney’s fees and costs.
17. If you notice any error in your accounts related to the Funds Transfer Service, you must contact the Financial Institution and us promptly via phone. If no phone contact is available, you may notify us online using the Service.
18. We have right to terminate your FT account,; reject, reverse, or cancel any transactions you initiate, and/or restrict or condition your ability to transact at any time including but not limited to the following instances:(a) insufficient funds in your account (b) sharing or disclosing your password with anyone (c) suspicious activity (d) order of any law enforcement agency (e) inability to verify information you provided (f) providing us with false or inaccurate information (g) hacking, tempering or impacting the service functionality, availability or security (h) using FT Service for unlawful purpose (i) failing to cooperate with any information or service fee due requests.
19. YOU FURTHER AGREE THAT WE SHALL NOT BE LIABLE FOR ANY LOSSES, COSTS, FEES OR DAMAGES OF ANY KIND INCURRED BY YOU AS A RESULT OF YOUR USE OF THIS FUNDS TRANSFER AND RELATED SERVICES, OR OUR ACCESS TO YOUR ACCOUNTS, OR OUR DEBIT OR CREDIT TO/FROM YOUR ACCOUNT OR OUR INABILITY TO DO DEBIT OR CREDIT TO/FROM YOUR ACCOUNT OR ANY INACCURACY, MISINFORMATION, OR ANY CHARGES OR FEES APPLIED BY ACCOUNT HOLDING INSTITUTIONS OR THIRD PARTIES OR ANY LIMITATIONS RELATED TO FUND TRANSFER TRANSACTIONS.
20. Your Rights and Liabilities:
    1. You agree to notify us immediately via phone and online if your password has been lost or stolen. If you never notify us, you could lose all of the money in your accounts including maximum overdraft amounts.
    2. If you notify us within two (2) Business Days after learning of loss or theft of your password or that someone has obtained access to your account, you will not beheld responsible for any unauthorized transactions over $50 provided that you are not trying to defraud us.
    3. If you do not contact us within two (2) Business Days, and we can prove that we could have stopped someone from using your password without your permission if you had notified us, we can hold you responsible for any unauthorized transaction if it occurred between the end of the two (2) Business Day notice period and the time you actually notified us. Your maximum liability for such unauthorized transaction during this period is $500.
    4. You can see a complete statement of all transactions made through the FTS service online. If you think there is a transaction that you did not authorize, contact us immediately. We must be notified within sixty (60) days. By notifying us, you will not be liable for any unauthorized transactions that occurred during the sixty (60) day time period except for transactions resulting form someone using your account as indicated above. If you do not notify us within sixty (60) days after the transaction was posted in your online statement, you could be held responsible for the unauthorized transaction if the transaction could have been prevented had we been notified.
    5. We may extend the time period if you were prevented from contacting us due to a good reason (such as a long trip or a hospital stay). If we request, you must provide the information in writing and we must receive that information within ten (10) Business Days.

4. MEMBER ACCOUNT, PASSWORD AND SECURITY
You will receive a password and account designation upon completing the registration process for the FT Service. You are at least eighteen (18) years old and are responsible for maintaining the confidentiality of the password and account, and are fully responsible for all activities that occur under your password or account. You agree to: (a) notify us immediately of any unauthorized use of your password or account, or if you believe your password has been lost or stolen or any other breach of security; (b) ensure that you exit from your account at the end of each session; and (c) accept responsibility for all usage of the FT Service and any fees associated with use of other services accessed through the FT Service on your account whether or not authorized by you. The Application Provider cannot and will not be liable for any loss or damage arising from your failure to comply with this Section.

5. TERM & TERMINATION
This Agreement will be in effect from the date your completed registration is accepted by the Application Provider by establishing an account for you with the Application Provider. Either you or the Application Provider may terminate the FT Services under this Agreement at any time with or without prior notice. The provisions and all obligations of and restrictions on you and any user of your account with respect to the FT Service shall survive any termination of this Agreement. You hereby expressly authorize the Application Provider to act as your agent and to process requests for your personal account information through or with any information provider or service provider. You authorize the Application Provider to legally represent you to service provider through this interface. You are granting us limited power of attorney to access your accounts and take whatever actions necessary to provide services under this Agreement.

You agree that the Application Provider, in its sole and absolute discretion, may terminate your password, account (or any part thereof) or restrict your use of the FT Service, for any reason, including, without limitation, for lack of use or if the Application Provider believes that you have breached this Agreement. The Application Provider may, also, in its sole and absolute discretion, and at any time, discontinue providing the FT Service, or any part thereof, with or without prior notice. You agree that any termination of your access to the FT Service under any provision of this Agreement may be effected without prior notice, and acknowledge and agree that the Application Provider may immediately suspend or delete your account and all related information and files in your account and/or prohibit any further access to all files or the FT Service by you.

6. LIMITATIONS ON FUNDS TRANSFER SERVICE
Your sole and excusive remedy for any failure or non-performance of the FT Service including any associated software or other materials supplied by Application Provider in connection with the FT Service shall be for the Application Provider to use commercially reasonable efforts to effectuate a repair of the FT Service. Application Provider is not responsible for your accounts at the financial institutions to or from which you are transferring funds. You agree that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to use of the Service or the Agreement must be filed within one (1) year after such claim or cause of action arose or be forever barred.

7. INDEMNITY
You agree to indemnify and hold the Application Provider, and its subsidiaries, affiliates, officers, agents, co-branders or other partners, and employees, harmless from any claim or demand, including reasonable attorneys' fees, made by any third party due to or arising out of your use of the Service, your connection to the Service, your violation of the Agreement, or your violation of any rights of another.

8. DISCLAIMER
The Application Provider desires to offer on this Web site the most accurate and useful data, news, and other information available and attempts to rely on third party information providers the Application Provider believes are reliable. Information, data, news and other information contained or accessible or made available through this site, however, is generated or provided by third parties and the Application Provider makes no representation or warranty of any kind whatsoever as to the accuracy, truthfulness, usefulness, timeliness or completeness of any of the content herein or accessible hereby in whole or in part. Further, any information, data, news or other information accessible or made available through this Site may contain errors, defects or be unreliable, and the Application Provider makes no effort to review, check or verify any news, data or other information accessible or made available through this Site. The Application Provider assumes no responsibility for the accuracy, truthfulness or usefulness of the data, information or other content on this Site or accessible though this Site, and the Application Provider shall have no responsibility to correct or update any data, information or content on this Site. You assume full and complete responsibility for reviewing and verifying any and all data, information, and content, including without limitation its usefulness, truthfulness, accuracy, completeness or currency. You are responsible for usefulness or verifying the accuracy, completeness, truthfulness, timeliness, usefulness and value to you to whatever extent you deem necessary, in reliance on other advisers, consultants, experts and resources you deem necessary and you shall indemnify and hold the Application Provider, its agents, employees, officers, directors, partners, subsidiaries and affiliates harmless from and against any and all liability, loss, damage, claim, cost, expense, including, without limitation, attorneys and accountants' fees and costs caused by your reliance on any content contained on this Site or accessible or made available through this Site.

THE SERVICE, INFORMATION, DATA, FEATURES AND ALL CONTENT, IS OFFERED AND MADE AVAILABLE HEREIN ON AN "AS IS," "AS AVAILABLE," BASIS. IN NO EVENT SHALL THE APPLICATION PROVIDER BE LIABLE TO YOU, YOUR COMPANY, EMPLOYEES, AGENTS, THIRD PARTIES, ASSOCIATES, PARTNERS, OR ANYONE ELSE FOR ANY CONSEQUENTIAL, INCIDENTAL, SPECIAL, PUNITIVE, OR INDIRECT DAMAGES OF ANY KIND WHATSOEVER, INCLUDING WITHOUT LIMITATION THOSE RESULTING FROM LOSS OR IMPAIRMENT OF USE, DATA, OR PROFITS, YOU OR ANYONE ELSE MAY INCUR RELATING TO YOUR USE OR ACCESS TO THIS SITE, OR THE USE OR ACCESS HERETO BY ANYONE ELSE, EVEN IF ADVISED OF THE POSSIBILITY OF ANY SUCH DAMAGES, AND AS A CONDITION TO USE OR ACCESS ANY SUCH INFORMATION, YOU EXPRESSLY WAIVE ANY AND ALL CLAIMS YOU MAY HAVE OR ASSERT AGAINST THE APPLICATION PROVIDER RELATING DIRECTLY OR INDIRECTLY TO ACCESSING OR USING OR RELIANCE UPON ANY SUCH INFORMATION OR DATA BY YOU OR ANYONE ELSE. THE TERM "DAMAGES' AS USED HEREIN INCLUDES, WITHOUT LIMITATION, ANY AND ALL LIABILITY, LOSS, DAMAGE, INJURY, CLAIM, FOUNDED OR UNFOUNDED, EXPENSE, FEE OF ANY KIND, INCLUDING, WITHOUT LIMITATION, ATTORNEYS OR ACCOUNTANTS FEES.

THE APPLICATION PROVIDER MAKES NO REPRESENTATION OR WARRANTY OF ANY KIND WHATSOEVER REGARDING ANY CONTENT CONTAINED ON THIS SITE, INCLUDING, WITHOUT LIMITATION, SERVICE, NEWS, DATA, INFORMATION OR CONTENT OF ANY KIND, OF THE USEFULNESS, RELIABILITY, TRUTHFULNESS, ACCURACY, TIMELINESS OR COMPLETENESS TO YOU OR ANYONE ELSE, INCLUDING WITHOUT LIMITATION WARRANTY OF MERCHANTABILITY, WARRANTY OF FITNESS FOR PARTICULAR PURPOSE OR USE, WARRANTY OF NON-INFRINGEMENT, WARRANTY OF TITLE, OR WARRANTY OF ANY KIND.

IF YOU ARE DISSATISFIED WITH THIS SITE OR ANY FEATURES OR INFORMATION HEREIN OR ACCESSIBLE HEREFROM, OR ANY OF THE AGREEMENT, OR OPERATION OF THE SITE OR ANY OF ITS FEATURES, YOUR SOLE REMEDY SHALL BE TO DISCONTINUE USE OF THE SITE AND ITS FEATURES.

9. LIMITATION OF LIABILITY
YOU EXPRESSLY UNDERSTAND AND AGREE THAT THE APPLICATION PROVIDER SHALL NOT BE LIABLE FOR ANY DAMAGES, INCLUDING WITHOUT LIMITATION DIRECT OR INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES, LOSSES OR EXPENSES (EVEN IF THE APPLICATION PROVIDER HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES), ARISING IN CONNECTION WITH THIS SERVICE OR ANY LINKED SITE OR USE THERE OF OR INABILITY TO USE BY ANY PARTY, OR IN CONNECTION WITH ANY FAILURE OR PERFORNANCE, ERROR, OMMISSION, INTERRUPTION, DEFECT, DELAY IN OPERATION OR TRANSMISSION, VIRUS, NETWORK OR SYSTEM FAILURE OR RESULTING FROM: (i) THE USE OR THE INABILITY TO USE THE SERVICE; (ii) THE TIMELINESS OR ACCURACY OF SERVICE (iii) THE COST OF PROCUREMENT OF SUBSTITUTE GOODS AND SERVICES RESULTING FROM ANY GOODS, DATA, INFORMATION OR SERVICES PURCHASED OR OBTAINED OR MESSAGES RECEIVED OR TRANSACTIONS ENTERED INTO THROUGH OR FROM THE SERVICE; (iv) UNAUTHORIZED ACCESS TO OR ALTERATION OF YOUR TRANSMISSIONS OR DATA; (v) STATEMENTS OR CONDUCT OF ANY THIRD PARTY ON THE SERVICE; OR (vi) ANY OTHER MATTER RELATING TO THE SERVICE.

In the event that a court should hold that the limitations of liabilities or remedies available as set forth in this Agreement, or any portions thereof, are unenforceable for any reason, or that any of your remedies under this Agreement fail of their essential purpose, you expressly agree that under no circumstances shall the Application Provider's total liability to you or any party claiming by, through or under you for any cause whatsoever, and regardless of the form of action, whether in contract or in tort, including negligence or strict liability, in the aggregate, exceed $1,000 (U.S.). If your Account Login Information is improperly disclosed to a third party without your consent, and this disclosure is the direct result of the Application Provider's gross negligence in operating the Service, then you and the Application Provider agree that the Application Provider's liability for your direct and actual damages in this circumstance shall not, in the aggregate, exceed $1,000 (U.S.).

10. EXCLUSIONS AND LIMITATIONS
SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES OR THE LIMITATION OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES. IN SUCH STATES LIABILITY IS LIMITED TO THE EXTENT PERMITTED BY LAW. ACCORDINGLY, SOME OF THE ABOVE LIMITATIONS OF SECTIONS 7 AND 8 MAY NOT APPLY TO YOU.

11. SPECIAL ADMONITION FOR SERVICES RELATING TO FINANCIAL MATTERS
If you intend to use any service, receive or request any news, messages, alerts or other information from the Service concerning companies, stock quotes, investments or securities, please read the above Sections 7 through 9 again. In addition, for this type of information particularly, the phrase "Let the investor beware" is apt. The Service is provided for informational purposes only, and no Content included in the Service is intended for trading or investing purposes. The Application Provider shall not be responsible or liable for the accuracy, usefulness or availability of any information transmitted via the Service, and shall not be responsible or liable for any trading or investment decisions made based on such information. You further understand that Parsam is not a bank, broker-dealer firm or any other kind of a financial institution.

12. MODIFICATIONS
You agree that the Application Provider shall not be liable to you or to any third party for any modification, suspension or discontinuance of the Service. Unless explicitly stated otherwise, any new features that augment or enhance the current Services including, but not limited to, the release of new the Application Provider properties, shall be subject to the Agreement. The Application Provider may modify or discontinue or revise any or all other aspects of the Services in its sole and absolute discretion with or without prior notice. You can review the most current version of the Agreement online at any time.

13. DEALINGS WITH THIRD PARTIES
Your correspondence or business dealings with, or participation in promotions of, third parties found on or through the Services, including payment and delivery of related goods or services, and any other terms, conditions, warranties or representations associated with these dealings, are solely between you and the third party. You agree that the Application Provider shall not be responsible or liable for any loss or damage of any sort incurred as the result of any of these dealings or as the result of the presence of such third party on the Service.

14. NO UNLAWFUL OR PROHIBITED USE
As a condition of your use of the Services, you represent and warrant to the Application Provider that you will not use the Services for any purpose that is unlawful or prohibited by this Agreement. You may not use the Services in any manner, which could damage, disable, overburden, or impair the Services. You may not obtain or attempt to obtain any materials or information through any means not intentionally made available or provided for through the Services.

15. LINKS
We may provide links to other World Wide Web sites or resources. Because the Application Provider has no control over these sites and resources, you acknowledge and agree that the Application Provider is not responsible for the availability of these external sites or resources, and has not and does not endorse, review or approve, and is not responsible or liable for any content, advertising, products, or other materials on or available from these sites or resources. You further acknowledge and agree that the Application Provider shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any Content, goods or services available on or through any sites or resource. You link to other sites at your own risk.

16. INTELLECTUAL PROPERTY
All content on or related to these Services, including, without limitation, any and all materials, information, text, data, contents, names, trade names, trademarks, trade dress, service marks, lay out, logos, designs, images, graphics, illustrations, artwork, icons, photographs, displays, sound, music, video, animation, organization, assembly, arrangement, and all intellectual property of any kind whatsoever, is owned exclusively by Parsam, or the licensors or suppliers of the Application Provider and is protected by U.S. and international copyright and intellectual property laws. All rights are hereby reserved. Without limiting the foregoing, no content on these Services may be copied, reproduced, duplicated, published, or distributed in any form or by any means whatsoever without the express prior written permission of the Application Provider or the appropriate licensor or supplier.

The Application Provider grants you a personal, non-transferable and non-exclusive right and license to use the object code of its software on a single computer and access the Services; provided that you do not (and do not allow any third party to) copy, modify, create a derivative work of, reverse engineer, reverse assemble or otherwise attempt to discover any source code, sell, assign, sublicense, grant a security interest in or otherwise transfer any right in the software. You agree not to modify the software in any manner or form, or to use modified versions of the software, including (without limitation) for the purpose of obtaining unauthorized access to the Services. You agree not to access the Services by any means other than through the interface that is provided by the Application Provider for use in accessing the Services.

Any feedback, questions, comments, suggestions, ideas or the like, which you send to the Application Provider will be treated as being non-confidential and nonproprietary. The Application Provider will also be free to use any ideas, concepts, know-how or techniques contained in all information for any purpose, whatsoever, including, but not limited to, developing, manufacturing and marketing products and services incorporating all information. Any submission to this Service shall be deemed and remain the property of Parsam. Parsam shall be free to use, for any purpose, any idea, concepts, know-how or techniques contained in information that you provide to us.

All product and service marks contained on or associated with the Services that are not the Application Provider Marks are the trademarks of their respective owners. References to any names, marks, products or services of third parties or hypertext links to third party site or information do not necessarily constitute or imply the Application Provider's endorsement, sponsorship or recommendation of the third party, information, product or service.

17. NOTICE
Notices to you may be made via either email or regular mail. We may also provide notices of changes to the Agreement, the Services or other matters by displaying notices or links to notices generally through the Services.

18. GOVERNING LAW
The Services are owned and controlled by the Application Provider from its offices at 7700 Poplar Ave, Suite 204, Germantown TN 38138 USA. It can be accessed on the Internet from all 50 states, as well as other countries around the world. As each of these places and jurisdictions has laws that may differ from those of Tennessee, by accessing the Services, both you and the Application Provider agree that this Agreement shall be deemed and treated as though they were entered into, executed, and performed solely in Shelby County, Tennessee, and the statutes and laws of the State of Tennessee, without regard for conflict of law rules thereof apply to all matters relating to use of this Service and shall without limitation govern this Agreement. You agree by use of this Service you do hereby submit to jurisdiction of the courts of Tennessee with appropriate subject matter jurisdiction and that any conflict brought or filed with respect to use of this Service or concerning this Agreement shall be brought in a court of competent jurisdiction in Shelby County, Tennessee. In any legal action relating to enforcement or breach of this Agreement, the Application Provider shall be entitled to recovery of costs, fees and expenses of any action, including, without limitation, attorney fees and accounting fees. A printed copy of this Agreement, or part thereof, as modified in accordance with the terms hereof, from time to time shall be deemed admissible in any court of law or administrative proceeding and shall be deemed the original and the best evidence of the intentions of the parties with respect to use of this Service.

19. RESOLUTION OF DISPUTES BY ARBITRATION
Agreement to Arbitrate Disputes. You agree that any dispute between us, including any dispute concerning your accounts, the Services, and this Agreement be resolved by binding arbitration. Disputes include not only claims made directly by you, but also made by anyone connected with you or claiming through you, such as a joint account holder, account beneficiary, or a representative or agent. Disputes include not only claims that relate directly to Parsam, but also its parent, affiliates, successors, assignees, employees, and agents, and claims for which we may be directly or indirectly liable, even if we are not properly named at the time the claim is made. Disputes include claims based on any theory of law, contract, statute, regulation, tort (including fraud or any intentional tort), or any other legal or equitable ground, and include claims asserted as counterclaims, cross-claims, third-party claims, interpleaders or otherwise. Disputes include claims made as part of a class action or other representative action, it being expressly understood and agreed to that the arbitration of such claims must proceed on an individual (non-class, non-representative) basis. Disputes also include claims relating to the enforceability or interpretation of any of these arbitration provisions.

The arbitration must be filed with one of the following neutral arbitration forums: American Arbitration Association or National Arbitration Forum. If you initiate the arbitration, you must notify us in writing at our Germantown TN office. If we initiate the arbitration, we will notify you at the last known physical or e-mail address on file with us. The location for such arbitration shall be in Shelby county TN.

The arbitration shall be decided by a single arbitrator, unless either party to the arbitration requests a panel of three arbitrators in which case the arbitration shall be conducted by a panel of three arbitrators (said arbitrator or arbitrators hereinafter referred to as "the arbitrator"). The arbitrator shall decide the dispute in accordance with applicable substantive law consistent with the Federal Arbitration Act. The arbitrator shall be empowered to award any damages or other relief provided for under applicable law and will not have the power to award relief to, or against, any person who is not a party to the arbitration. The decision rendered by the arbitrator shall be in writing; however, the arbitrator need not provide a statement of his reasons unless one is requested by us. The award of the arbitrator shall be final and binding, subject to judicial intervention or review only to the extent allowed under the Federal Arbitration Act. The award of the arbitrator can be entered as a judgment in any court having jurisdiction.

The party initiating the arbitration shall pay the initial filing fee and if there is a hearing, pay the fees and costs for the hearing. If either you or we request a panel of three arbitrators, the party making the request shall pay the fees of those additional arbitrators unless the arbitrator rules otherwise. All other fees and costs will be allocated in accordance with the rules of the arbitration forum. Each party shall bear the expense of their respective attorneys, experts, and witnesses and other expenses, regardless of who prevails, except to the extent the arbitrator assess costs of the arbitration to either you or us.

You and we agree that no class action, private attorney general or other representative claims may be pursued in arbitration, nor may such action be pursued in court if either you or we elect arbitration. Unless mutually agreed to by you and us, claims of two or more persons may not be joined, consolidated, or otherwise brought together in the same arbitration (unless those persons are joint account holders or beneficiaries on your account and/or related accounts, or parties to a single transaction or related transaction); this is so whether or not the claim may have been assigned.

Nothing herein shall be deemed to limit or constrain our right to resort to self-help remedies, such as the right of set-off or the right to restrain funds in an account, to interplead funds in the event of a dispute, or to comply with legal process, or to obtain provisional remedies such as injunctive relief, attachment, or garnishment by a court having appropriate jurisdiction.

You and we agree that our relationship includes transactions involving interstate commerce and that these arbitration provisions are governed by, and enforceable under, the Federal Arbitration Act. To the extent state law is applicable, the laws of the state of Tennessee shall apply.

These arbitration provisions shall survive (i) termination or changes to this Agreement or any related services we provide; (ii) the bankruptcy of any party; and (iii) the transfer or assignment of your account. If one or more of these arbitration provisions are deemed invalid or unenforceable, the remaining portions shall nevertheless remain valid and enforceable.

20. MISCELLANEOUS
This Agreement shall be interpreted according to their fair meaning and shall not be interpreted strictly against or for either party. This Agreement constitutes the entire agreement with respect to the subject matter hereof and supersedes all prior or contemporaneous communications and proposals, whether, electronic, oral or written, between the Application Provider and the user of the Services. Headings used herein are for convenience only and shall not limit, control or add to the meaning of any term, provision or condition.

The Application Provider may notify user in writing or electronically either of which shall be deemed fully and completely adequate and effective to notify user of the contents therein at the time sent to the last address or email address supplied by user in writing or electronically to the Application Provider. Use of the plural herein shall include the singular and use of the singular shall include the plural.