iQualify Lending, LLC (iQualify)
423 Old Deerfield Lane
Woodstock, Georgia 30189


Authorized Representative – means Document iQualify Lending authorized distributor;
Business Days – means Monday to Friday excluding US public holidays;
Business Hours – means 9am to 5.00pm Eastern Time on Business Days;
Customer – means the end user organization or individual user of the Software.
Equipment – means the hardware and systems owned or under the control of the Customer upon which the Software and Third Party Software is to reside at Location;
Location – means the site(s) at which the Software and Third Party Software are installed;
Maintenance and Support – means the maintenance and support services described in the Service Level
Agreement (“SLA”);
Order Form – means the order form, site audit, proposal or scoping document;
Product – means any Third Party hardware;
Services – means the Installation, Maintenance and Support services to be delivered by iQualify or
iQualify Authorized Representative;
Software – means the software iQualify supplies under this Agreement, including any ancillary
Supervising Officer – means the Customer’s primary contact for the operational use of the Software.
Third Party Software – means software which is supplied to the Customer as part of the Services and is
licensed from a third party.

1. Scope of this Agreement
1.1 iQualify grants to the Customer a non-exclusive, non-transferable, personal license to use the
Software at the Location for the number of servers or end users specified on the Order Form. If the Customer proceeds to use the Software, the Customer agrees that it has accepted the terms of this Agreement.
This license to use the Software shall terminate if the Customer no longer takes Maintenance and Support
services (such as if termination occurs pursuant to Clause 2.2 below).
1.2 iQualify undertakes to install the Software. IQualify will provide Maintenance and
Support for as long as the Customer pays for the Maintenance and Support.
1.3 Except as expressly agreed, the Customer will not rent, lease, sub-license the Software, Third Party
Software or Products, nor distribute the Software or Third Party Software to any third party.
1.4 IQualify shall have no liability for the repair of defects relating to the Products and/or Third
Party Software, and the Customer’s right in respect of any such defect shall be limited to the relevant
manufacturers’ warranties.
1.5 The Software may be subject to security measures to protect IQualify’ rights, such as in the
event of non-payment.
2. Maintenance and Support
2.1 Unless as expressly agreed, IQualify does not provide Maintenance and Support for Third
Party Software or the Products.
2.2 The annual Maintenance and Support service will automatically renew for successive twelve (12) month
terms on each anniversary of this Agreement unless either party has first served three (3) months’ prior written
notice of termination on the other party, such notice to expire on the relevant anniversary date. This clause 2.2
is without prejudice to the other rights of termination set out in this Agreement.
2.3 The Customer undertakes to upgrade to the current version of the Software within twelve (12) months after delivery by IQualify.

3. Training and Professional Services
The Customer may order training and/or professional services with the Software, in which case all training
and/or professional services days must be taken within 12 months of the date of their order.

4. Charges
4.1 The Customer shall pay all invoices within 30 days of their date. IQualify shall invoice the
Customer in advance.
4.2 IQualify reserves the right to increase its charges once in any twelve month period upon
giving the Customer at least 30 days’ prior written notice of such increase.
4.3 Notwithstanding any other rights under this Agreement, IQualify may suspend or terminate
the performance of its obligations under this Agreement where the Customer is in default of payment,
provided that IQualify has first served the Customer with at least 5 days’ prior written notice of its
intention to suspend or terminate the Services.

5. Customer Responsibilities
5.1 It is the Customer’s responsibility to ensure that Equipment is compatible with the Software, any Third
Party Software and Products.
5.2 The Customer will allow reasonable physical and systems access to its Location and Equipment to enable IQualify to install the Software and to provide Maintenance and Support. IQualify
engineers will need network logins for the Software being used on the Equipment with administration rights.
5.3 The Customer agrees to use the Software in accordance with all operating instructions and agreed
procedures and not to change its configuration without the approval of IQualify.
5.4 The Customer will not alter or modify the Software, transfer the Software from the Location, combine or incorporate it in other programs, or decompile or disassemble the object code version of the Software.
5.5 If IQualify cannot reproduce a logged fault, the Customer will have the option to assist in providing remote
access to the PC and or Server to further investigate the fault.

6. Warranties
IQualify will perform the Services in a workmanlike and professional manner. The Software is
licensed “AS IS”. Save as otherwise provided for in this Agreement, IQualify grants no warranties to
the Customer regarding the Software, the Third Party Software or the Products, including but not limited to implied warranties as to their fitness for any purpose, that the Software, Third Party Software and Products will be error-free or the operation of the Software, Third Party Software and Products will be uninterrupted.

7. Confidentiality
7.1 Both parties shall use all reasonable endeavors to ensure that all information received from the other
party is not disclosed to any third party and is not used for any purpose other than in the proper performance of obligations hereunder.
7.2 Information belonging to the other party may be disclosed or used (as appropriate) by a party without
the consent of that other (the disclosing party) if: it is now or subsequently becomes publicly known to that party through no wrongful act by that party; or if it is at the time of disclosure already known by the party to whom disclosure is made; or it is required to be disclosed by either party by an order of law or other binding regulation; or it is to be disclosed to the professional advisors of that party where the principle of client confidentiality would prevent the further release of that disclosed information by the advisor concerned.
7.3 The foregoing obligations as to confidentiality shall remain in full force and effect notwithstanding expiry or termination of this Agreement.

8. Intellectual Property
Customer acknowledges that IQualify and its licensors, own the intellectual property rights to the
Software, the Third Party Software and the Products as appropriate.

9. Termination of Agreement
9.1 In addition to the right of termination at clause 4.3 above, IQualify may terminate this
Agreement in the event that the Customer is in material breach of any of its obligations
under this Agreement and, in the event that the breach or failure is remediable, the Customer has failed to
remedy that breach with 30 days’ written notice of such breach.
9.2 IQualify may terminate this Agreement immediately if the Customer is insolvent or bankrupt,
or seeks protection from its creditors, or if a petition is filed in any court to declare its bankruptcy or
re-organization and is not dismissed within thirty (30) days.
9.3 Upon termination of the Agreement, all outstanding fees are immediately due and payable, and all rights to use the Software will be immediately revoked.

10. Indemnification
10.1 Customer shall defend and indemnify IQualify against all damages, liabilities, claims, losses
and expenses (including reasonable attorneys’ fees) arising out of, or resulting in any way from any breach by the Customer of this Agreement.
10.2 IQualify shall defend and settle any third party claim against Customer that the Software
infringes a US patent or copyright, (“Infringement Claim”) and indemnify the Customer against the resulting costs and damages finally awarded against a third party by a court of competent jurisdiction, provided the Customer (i) notifies IQualify promptly in writing of such claim, (ii) grants IQualify sole
control over the defense and settlement thereof (so long as the Customer is released without condition of any and all liability in connection with such claim), and (iii) reasonably cooperates in response to a iQualify request for assistance. If the Software has become (or in IQualify’ reasonable judgment is
likely to become) the subject of an Infringement Claim: IQualify shall, at its option and expense,
(a) procure for the Customer the right to make continued use thereof, or (b) replace or modify the Software with substantially similar technology, or (c) if (a) and (b) above are not feasible for IQualify, then
terminate the Agreement or the Customer’s use of the Software without further liability. IQualify
shall have no liability if the alleged infringement is based on (1) combination with non-IQualify
products or services, (2) use for a purpose or in a manner for which the Software was not designed, or (3) use of any older version of the Software when use of a newer version would have avoided the infringement (provided the Customer was made aware of the availability of the newer version of the Software). This Clause 10.2 states the Customer’s sole and exclusive remedy and IQualify’ entire liability for infringement claims.

11. Force Majeure
Neither party shall be liable to the other for any failure to perform or delay in performance of its obligations hereunder, other than an obligation to pay monies, caused by any event or circumstance whatsoever beyond its reasonable control including (without limitation) (1) Act of God (2) outbreak of hostilities, riot, civil disturbance acts of terrorism (3) the act of any government or authority (including, revocation of any licence or consent) (4) fire, explosion, flood, fog or bad weather (5) default of suppliers or sub-contractors (6) theft, malicious damage, strike, lock-out or industrial action of any kind. If a party is prevented from performing its obligations by an event of force majeure which continues for more than 30 days then either party may terminate this Agreement at any time thereafter on giving written notice to the other party.

12. Liability
12.1 Either party’s liability to the other shall be unlimited in respect of:
(a) death or personal injury;
(b) such liability which cannot be excluded or limited by law (such as fraudulent misrepresentation);
(c) infringement of intellectual property rights (save in relation to the indemnity in Clause 10.2 above).
The rest of this Section 12 shall be subject to this Clause 12.1.
12.2 Except as set out in Clause 12.1, IQualify shall not in any circumstances be liable in contract,
tort or otherwise, whether direct or indirect, for loss of profits, business or anticipated savings, or for any
indirect or consequential loss, howsoever caused or arising. Nor shall IQualify be liable for any loss
of data or for the costs of recovering any lost data.
12.3 Subject to Clauses 12.1 and 12.2 above, IQualify’ liability in respect of breach of contract, tort,
negligence, breach of statutory duty or howsoever arising shall be limited to a sum equivalent to the Charges paid by the Customer pursuant to the Agreement during the twelve month period preceding such incident.

13. General
13.1 IQualify may audit or instruct a third party to audit and inspect the Customer’s books,
records and systems to ensure compliance with this Agreement, the Customer providing reasonable access.
13.2 Each party acknowledges that it has entered into this Agreement in reliance only upon the
representations, warranties and promises specifically contained or incorporated in this Agreement and, save as expressly set out in this Agreement, each party shall have no liability in respect of any other representation, warranty or promise made prior to the date of this Agreement unless it was made fraudulently.
13.3 IQualify may assign the benefit of this Agreement and its right and obligations hereunder.
The Customer may not assign, charge (otherwise than by floating charge) or dispose of any of its rights
hereunder, or sub contract or otherwise delegate any of its obligations hereunder, without the prior written consent of IQualify.
13.4 Only parties to this Agreement may enforce its terms.
13.5 The construction, validity and performance of this Agreement shall be governed by and construed in
accordance with US law and the parties hereby submit to the exclusive jurisdiction of US courts.

Privacy Policy
We at iQualify Lending, LLC are committed to respecting your online privacy and recognize your need for appropriate protection and management of any personally identifiable information (“Personal Information”) you share with us. iQualify has established this Online Privacy Policy so that you can understand the care with which we intend to treat your Personal Information. Personal Information means any information that may be used to identify an individual, including, but not limited to, a first and last name, a home or other physical address and an email address or other contact information, whether at work or at home. In general, you can visit iQualify’s Web pages without telling us who you are or revealing any Personal Information about yourself. iQualify strives to comply with all applicable laws around the globe that are designed to protect your privacy. Although legal requirements may vary from country to country, iQualify intends to adhere to the principles set forth in this Online Privacy Policy even if, in connection with the above, we transfer your Personal Information from your country to countries that may not require an “adequate” level of protection for your Personal Information. In other words, our goal is to provide protection for your Personal Information no matter where that Personal Information is collected, transferred, or retained.
Wherever your Personal Information may be held within iQualify or on its behalf, we intend to take reasonable and appropriate steps to protect the Personal Information that you share with us from unauthorized access or disclosure.

Refund Policy
If you are ever dissatisfied for any reason, you are entitled to a full refund of the $598 setup fee within 30 days of enrollment.