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Terms of Agreement - April 1, 2002

1. Net Trek Inc, (hereafter, “the Company”) agrees to provide storage and remote access services of the Client’s files by use of the software provided.

2. TERMS OF AGREEMENT. The contract shall be for the term of one (1) year beginning on the date of the initiation of service to the Client, renewing automatically (at the prevailing rate on the date of renewal) until terminated by either party. See Termination below. See Rates & Services for fee schedule. All rates are based on the requested storage quantity. Your storage will not be able to exceed that requested. “Disk Space Usage on server” is listed on the client software and is viewable whenever active. Clients with delinquent accounts will be denied access to all services when the account becomes delinquent. Written notice by email to the latest Client email address known by the Company will be generated when an account becomes delinquent. After a period of 90 days the files of any delinquent Client shall be deleted from the Company’s server after.

3. LIMITATION OF WARRANTY LIABILITY. The Company claims that the use of its products and services will increase the probability that lost, damaged or destroyed files, data or information may be successfully accessed. Nevertheless, the Company makes no guarantee or warranty that the system and services will avert, avoid or prevent the loss of files, data or information or the consequences therefore, which the system or service is designed to provide due to any combination of natural disasters, technological failures and/or human activities.

4. EXCLUSIVE REMEDY. Because of the nature of the services rendered and the system as a whole, it is impractical and extremely difficult to fix the actual damages, if any, which may result from failure on the part of the Company to perform its responsibilities under this contract. The Client does not desire this contract to provide full liability for loss, damage or injury due directly or indirectly to occurrences or consequences therefore, which the service or system is designed to deter or avert. In the event the Company should be found liable for loss, damage or injury due to a failure of the equipment, software or services provided under this Agreement or the equipment in any respect, its liability shall be limited to $100.00 or the amount the client has paid whichever is less, as the agreed upon liquidated damages and not as a penalty. Such liquidated damages is the exclusive remedy for any failure of services, software or equipment, and the provisions of this paragraph shall apply if loss, damage or injury, irrespective of cause or origin, results directly or indirectly to a person or property from the performance or non performance of any obligation of the Company from negligence, active or otherwise, of the Company, its agents or employees. If the Client desires additional liability coverage, it shall be his responsibility to secure it from an insurance carrier or other agency of his choice, at his own expense. The Client shall bring no suit against the Company more than one year after the event or occurrence of the cause of action therefore.

5. TERMINATION. Either party may terminate this Agreement by written notice thirty–days (30) in advance. In the event of non-payment of fees the Company may terminate service with a 10-day email notice to the latest available email address. Client’s files on the iFolder server will be deleted when service is terminated.

6. COMPLETE AGREEMENT. This document, with specified addenda, is a complete agreement. Any representation, promise, condition, inducement or warranty, expressed or implied, verbal or written, unless expressed in writing in this Agreement or any Addendum thereto, shall not bind either party and the terms and conditions hereof apply as printed without alteration or qualifications except as specifically endorsed thereon in writing. A judicial determination nullifying any clause or condition herein shall not be deemed to nullify the balance of this Agreement, which shall remain in full force and effect.