TERMS AND CONDITIONS

Revised February 10, 2018

You have requested to participate in the BasaltMatrix service (the "Service") provided by BasaltMatrix Technology Limited. ("BM"). Your participation in the Service is subject to your acceptance of these terms and conditions. YOU MUST CAREFULLY READ AND AGREE TO ALL OF THE TERMS AND CONDITIONS, INCLUDING THE ARBITRATION PROVISION, BEFORE ENROLLING IN THE SERVICE. When the user of BM perform name screening, searching company registration information or verifying identity on specific candidate or entity (the “candidate”) input by the user, the user may (a) access to an abbreviated version of the candidate’s name screening report; (b) access to an online name screening result of Report Subject to view detailed screening result; (c) access to an online searching result of company registration information, and (d) access to an positive or negative result on identity verification. Additional services may be included in the Service in the future, and the registration and authentication information provided under this Agreement may be used in the provision of any such Service. The User, if any, agree to the applicable Terms and Conditions set forth herein.
These Terms and Conditions ("Terms and Conditions" or "Agreement") apply to all: (a) the Service; (b) interaction by any means between you and BM regarding the Service; (c) your access to and use of the website located at https://cdd.basaltmatrix.com (the "Service Website"); (d) your access to and use of watching list and Identity verification resources, text, pictures, graphics, logos, button items, icons, images, works of authorship and other information and all revisions, modifications, and enhancements thereto (the "Content"); and (e) the resolution of all claims and disputes between us through arbitration.
YOUR ORDER OF, ACCEPTANCE OF, USE OF, AND/OR ACCESS TO, THE SERVICE, SERVICE WEBSITE AND/OR CONTENT CONSTITUTES YOUR AGREEMENT TO ABIDE BY EACH OF THE TERMS AND CONDITIONS SET FORTH HEREIN, INCLUDING THE ARBITRATION PROVISION.
Upon executing this Agreement by clicking below to indicate your agreement and by ordering any Service, BM will provide you with the ordered Service in accordance with these Terms and Conditions.

1. REGISTERING FOR THE SERVICE

BasaltMatrix is an online service in which once you are registered, an online account is created for you. To register for your account, you must provide us with your full name or your company’s full name, a valid address, an email address, a valid phone number, and agree to be bound by these Terms and Conditions.
Because the Service provides access to screening reports and information, you may provide valid credit card information for any Service for which a fee is charged. Alternatively, you can use the wire transfer function of your banks to make the payment first. You agree to provide true, accurate, complete and current information about yourself when prompted to do so by the registration form, authentication form or otherwise requested to do so by BM. By registering, you certify that you are eighteen (18) years of age or older. If any information you provide is untrue, inaccurate or not current, or if BM has reasonable grounds to suspect that such information is untrue, inaccurate or not current, BM, at its sole discretion, has the right to suspend or terminate your order of, use of, and/or access to any Service, Service Website and/or Content, and refuse all current or future orders of, use of, and/or access to, any Service, Service Website and/or Content, or suspend or terminate any portion thereof. Further, you agree that BM will not be liable to you or any third party if BM suspends or terminates your order of, use of, or access to any Service, Service Website or Content, or any portion thereof, for any reason.
You agree not to share your PIN or password with third parties. You agree to promptly notify BM at Help@BasaltMatrix.com of any unauthorized use of your account and any loss, theft or disclosure of your PIN or password. Failure to comply with these requirements shall constitute a breach of this Agreement and shall constitute grounds for immediate termination of your account and the Service.
Upon agreeing to the Terms and Conditions, some consumers who order the Report and Name Screening service will receive an email with a link to the BM Connect log-in page. Upon your registration with BM or request for a Service, and periodically thereafter, you will be asked to authenticate your identity in a manner which includes but is not limited to credit report information, identifying information (e.g. name, address, Email address) that you provide and your responses to questions related to your name screening or company registration searching information.

2. REPORT, NAME SCREENING, AND COMPANY REGISTRATION INFORMATION SEARCHING SERVICE

The Company Risk and Individual Risk Service allow you to access to a name screening result, or a name screening report based on but not limited to official watching lists or sanction list published by different governments of different countries or international organizations, such as: OFAC List, Sanctions Committee (Iraq) List, Panama Paper Related List, Export Control Organization Iran List, National Terrorists List, etc. Company Registration Information Searching Service allows you to access to a company’s registration information provided by local official organization.

3. NAME SCREEING RECORDS

If available to you, the Records function allows you to view your searching history based on the names you have performed.

4. SCREENING SETTINGS

The Screening Settings function allow you to choose the methods of perform name screening based on your own risk preference. You may choose the Company Matching Level or Individual Matching Level to decide the similarity between name screening result and the names you input. You may switch on or switch off the button of “Gender Wise” or “Matching Date of Birth” to filter the name screening results.

5. IDENTITY VERIFICAION

If available to you, the Identity verification function allow you to input the region, full name, ID number and other necessary information of a certain individual to get a positive or negative feedback on the existence of such individual’s ID information.

6. CONFIDENTIALITY

You acknowledge that the Credit Information and/or data provided by or received by you may include personal information pertaining to individual consumers, and requires that the parties treat such information responsibly and take reasonable steps to maintain appropriate confidentiality and to prevent unlawful dissemination or misuse. You agree that the Service and Information shall only be used as expressly authorized in this Agreement. You agree that under no circumstances will you sell or otherwise disclose any such Information, or information contained in or derived from it, to any third party unless otherwise required by law.

7. COMPLIANCE WITH LAWS

You agree to and shall comply with all local laws, rules, regulations and decisions applicable to your provision to BM of data and your use of the Name Screening Information, Company Registration Information and Service provided under this Agreement.

8. FEES

There are no fees or other charges to create an account on the Service Website.
There are no fees or other charges to a Report.
Name screening online self-deposit fees are listed below:
Searching Times USD NZD AUD HKD CNY
50 45 60 56 350 285
100 75 100 94 590 475
220 150 200 187 1170 950
600 375 500 468 2930 2300

Company Registration Information Searching service fees as follow:
Period USD NZD AUD HKD CNY
30 Days 40 55 50 313 250

For fees with API function, annual fees or other payment method, you may contact  Help@BasaltMatrix.com.

Refunds will not be issued once we have successfully provide the first name screening service or company registration information searching service.

9. MODIFICATION OR TERMINATION OF SERVICE

BM may, at its discretion, modify or discontinue any Service, the Service Website or Content, or any portion thereof, with or without notice. You agree that BM will not be liable to you or any third party for any modification or discontinuance of any Service, the Service Website or Content.

10. UPDATED TERMS AND CONDITIONS

This Agreement may be updated from time to time. You should check the Service Website regularly for updates to these Terms and Conditions. Each time you order, access or use any Service, the Service Website, and/or Content, you signify your acceptance and agreement, without limitation or qualification, to be bound by the then current Agreement.

11. TERMINATION OF AGREEMENT

This Agreement may be terminated without cause by BM at any time upon notice by email to you. The email address for notice will be the then current email address in your account profile

12. NOTICE OF PROSECUTION

Access to and use of password protected and/or secure areas of the Service Website are restricted to authorized users only. Unauthorized individuals attempting to access these areas of the Service Website may be subject to prosecution.

13. SECURITY MEASURES AND AUTHENTICATION

Because BM uses security measures designed to protect your privacy and to safeguard your information, may not always be able to successfully provide a Service to you. For example, when the system is unable to verify your identity, BM cannot offer a manual authentication process and will be unable to fulfill your order if you fail online authentication one or more times.

14. PERSONAL INFORMATION

BM may use your personal information in connection with the Service and as allowed by BM’s Privacy Policy. BM’s Privacy Policy is available at https://www.basaltmatrix.com/Home/Privacy. You may request a copy of BM’s Privacy Policy by contacting us at Help@BasaltMatrix.com.

15. REVIEW AND RECEIPT OF PRIVACY NOTICE

By executing this Agreement, you acknowledge you have reviewed BM’s Privacy Policy and agree to its terms.

16. ON-LINE REQUIREMENTS

You must have an email address and a Java-compatible browser such as Internet Explorer 7.0 or higher, Firefox 3.6 or higher, Safari 3 or higher, Chrome 3 or higher, or Opera 10.5 or higher to receive your Service. You are agreeing to receive all notifications via email at the email address on file with BM. To ensure receipt of all notifications, you are obligated to update the email address on file when your email address changes.

17. NOT A CREDIT REPAIR ORGANIZATION OR CONTRACT

BM offers access to services including an abbreviated version of a Report Subject’s consumer credit report, VantageScore credit score, or Credit SnapshotSM. BM is not acting as a credit repair organization when providing Report Subject with the Service, and is not offering to sell, provide or perform any service to Report Subject for the express or implied purpose of either improving Report Subject’s credit record, credit history or credit rating or providing advice or assistance to Report Subject with regard to improving Report Subject’s credit record, credit history or credit rating. Report Subject acknowledges and agrees that Report Subject is not seeking to purchase, use, or access any of the Service, Service Website, and Content in order to do so.

18. NO WARRANTY BY BM

USER ACKNOWLEDGES THAT THE INFORMATION PROVIDED TO USER THROUGH THE REPORT AND NAME SCREENING RESULTS, TOGETHER WITH COMPANY REGASTRATION INFORMATION SEARCHING RESULT, MAY CHANGE OVER TIME. YOU EXPRESSLY UNDERSTAND AND AGREE THAT YOUR USE OF THE SERVICE, SERVICE WEBSITE AND CONTENT IS AT YOUR SOLE RISK. ALL SERVICE, SERVICE WEBSITE AND CONTENT ARE PROVIDED ON AN "AS IS" OR "AS AVAILABLE" BASIS. BM AND ITS SUPPLIERS EXPRESSLY DISCLAIM ALL WARRANTIES, GUARANTEES AND CONDITIONS OF ANY KIND WHETHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE OR NONINFRINGEMENT. THE INFORMATION CONTAINED IN THE SERVICE, SERVICE WEBSITE, CONTENT OR OTHER MATERIALS YOU MAY RECEIVE FROM BM DO NOT CONSTITUTE LEGAL, TAX, ACCOUNTING OR OTHER PROFESSIONAL ADVICE. BM MAKES NO WARRANTY THAT (I) THE SERVICE AND CONTENT ARE ACCURATE, TIMELY, UNINTERRUPTED OR ERROR-FREE; AND (II) ANY RESULTS THAT MAY BE OBTAINED FROM THE USE OF THE SERVICE OR CONTENT WILL BE RELIABLE.

19. LIMITATION OF LIABILITY

YOU UNDERSTAND AND AGREE THAT BM WILL NOT BE LIABLE TO YOU FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR EXEMPLARY DAMAGES RESULTING FROM OR IN ANY WAY CONNECTED TO YOUR ACCESS TO, USE OF, OR INABILITY TO USE ANY SERVICE, THE SERVICE WEBSITE OR CONTENT, EVEN IF BM HAS BEEN ADVISED OF THE POSSIBILITY OF THOSE DAMAGES. SOME JURISDICTIONS EITHER DO NOT ALLOW OR PLACE RESTRICTIONS UPON THE EXCLUSION OR LIMITATION OF DAMAGES IN CERTAIN TYPES OF AGREEMENTS; FOR THESE JURISDICTIONS, THE AFOREMENTIONED LIMITATION ON LIABILITY SHALL BE TO THE MAXIMUM DEGREE PERMITTED BY APPLICABLE LAW. IF, NOTWITHSTANDING THE ABOVE, LIABILITY IS IMPOSED UPON BM, THEN YOU AGREE THAT BM’S TOTAL LIABILITY TO YOU FOR ANY OR ALL OF YOUR LOSSES OR INJURIES FROM BM’S ACTS OR OMISSIONS, REGARDLESS OF THE NATURE OF THE LEGAL OR EQUITABLE CLAIM, SHALL NOT EXCEED THE MONETARY AMOUNT, IF ANY, PAID BY THE APPLICABLE REPORT SUBJECT.

20. CLAIMS BY BINDING ARBITRATION

Any dispute, controversy or claim arising out of or relating to the Terms and Conditions including the validity, invalidity, breach or termination thereof, shall be settled by arbitration in accordance with the UNCITRAL Arbitration Rules as at present in force and as may be amended by the rest of this Clause:

The appointing authority shall be Hong Kong International Arbitration Centre (“HKIAC”).

The place of arbitration shall be in Hong Kong at HKIAC.

There shall be only one arbitrator.

The language to be used in the arbitral proceedings shall be English.

In the event of any breach of the Terms and Conditions by a party, the other party shall be entitled to remedies in law and equity as determined by arbitration.

21. DATA AND INTELLECTUAL PROPERTY OWNERSHIP

You acknowledge that BM has expended substantial time, effort and funds to create and deliver the Service and compile its various databases. All data in BM’s databases and any other intellectual property that are part of the Service are and will continue to be BM’s exclusive property. Nothing contained in this Agreement shall be deemed to convey to you or to any other party any ownership interest in or to intellectual property or data provided in connection with the Service.

22. TRADEMARKS

You acknowledge and agree that the name BM, the BM Logo, and other terms, phrases, graphics, logos, and icons are common law or registered trademarks, service marks, and/or trade dress of BM (collectively "Marks"). You agree you will not use any such Content or Marks for any purpose without the appropriate prior written authorization. BM’s Marks may not be used in connection with any product or service that is not BM’s, in any manner that is likely to cause confusion among customers, or in any manner that disparages or discredits BM. All other trademarks, names, or logos not owned by BM that appear on this Service Website are the property of their respective owners.

23. COPYRIGHTS

All Content included on this Service Website, such as text, graphics, logos, button items, icons, images, data compilation, is the property of BM or its suppliers and is protected by United States and international copyrights laws. All software used on this site is the property of BM or its software suppliers and is protected by HONG KONG and international copyright laws. Reproduction of such content, in whole or in part, is prohibited without prior consent.

24. WAIVER

No failure on the part of either party to enforce any covenant, agreement, or condition of this Agreement shall operate as a discharge of such covenant, agreement, or condition, or render the same invalid, or impair the right of either party to enforce the same in the event of any subsequent breach by the other party.

25. ASSIGNMENT

You acknowledge and agree that BM may assign or transfer its rights and obligations under this Agreement to any third party. Any assignment or transfer shall not entitle you to any change in terms or refunds.

26. SEVERABILITY

This Agreement shall be deemed to be severable and, if any provision is determined to be void or unenforceable, then that provision will be deemed severed and the remainder of the Agreement will remain in effect. The foregoing does not apply to Section 19 of this Agreement; if Section 19, or any portion thereof, is found to be unenforceable, the arbitration clause (but only the arbitration clause) shall be null and void.

27. INDEMNITY

All users agree to indemnify, and hold harmless BM and its associated companies, officers, directors, employees, agents, proprietors, partners, representatives, shareholders, servants, attorneys, predecessors, successors and assigns from and against any claims, actions, demands, injuries, liabilities, losses, damages, costs and expenses (including legal fees and litigation expenses on a full indemnity basis) arising from or relating to their use of the Site or its contents or their breach of the Terms and Conditions, to the fullest extent permitted by applicable law. This indemnification shall be in addition to all other obligations of users under the Terms and Conditions, and shall not prejudice any other rights or remedies available at law to BM.

28. DISCLAIMER

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, BM AND ITS ASSOCIATED COMPANIES, OFFICERS, DIRECTORS, EMPLOYEES OR AGENTS SHALL NOT BE LIABLE IN ANY EVENT FOR DAMAGE OF ANY KIND SUFFERED BY ANY USERS WHATSOEVER DIRECTLY OR INDIRECTLY ARISING FROM OR RELATING TO THEIR USE OF OR INABILITY TO USE THE SITE AND ITS CONTENTS, INCLUDING WITHOUT LIMITATION ANY ERRORS OR OMISSIONS IN SUCH CONTENTS, OR ANY DELETION, INCORRECT OR DELAYED TRANSMISSION OR LOSS OF ANY CONTENTS OR MATERIALS UPLOADED OR TRANSMITTED THROUGH THE SITE.

29. LIMITATION OF LIABILITY

Without prejudice to the above and subject to the applicable laws, the aggregate liability of BM to any user for all claims arising from or relating to his/her use of BM’s services and the Site shall be limited to the fees received by BM in respect of the services giving rise to such claims.

30. FORCE MAJEURE

BM shall not be liable by reason of any failure or delay in the performance of its obligations hereunder due to any reason beyond its reasonable control.

31. ENTIRE AGREEMENT

These Terms and Conditions, the Privacy Policy, and other policies BM may post to the Service Website constitute the entire Agreement between BM and you in connection with your use of the Service, the Service Website, and the Content, and supersede any prior versions of the Terms and Conditions, if applicable. The Terms and Conditions are effective until terminated by BM. In the event of termination, the Intellectual Property, Disclaimers, and Limitations of Liability provisions set forth in these Terms and Conditions will survive, in addition to any other provisions of this Agreement that would normally survive termination for any reason. In the event of a conflict between any other notice, policy, disclaimer or other term contained in the Service Website or otherwise, these Terms and Conditions will control.
BY CLICKING THE "I AGREE" BUTTON, YOU ACKNOWLEDGE THAT YOU HAVE READ AND AGREED TO THE TERMS OF THIS AGREEMENT, INCLUDING THE ARBITRATION PROVISION CONTAINED IN SECTION 19 ENTITLED "CLAIMS BY BINDING ARBITRATION," AND CONSENT TO THIS BINDING ELECTRONIC TRANSACTION. YOU FURTHER AGREE THAT YOUR ELECTRONIC SIGNATURE IS EFFECTIVE AND YOU WILL NOT CONTEST THE LEGALLY BINDING NATURE, VALIDITY OR ENFORCEABILITY OF THIS AGREEMENT, INCLUDING THE ARBITRATION PROVISION CONTAINED IN SECTION 19, BASED ON THE FACT THAT THE TERMS WERE ACCEPTED ELECTRONICALLY. YOU FURTHER ACKNOWLEDGE AND AGREE THAT YOU MAY RECEIVE RELATED NOTICES AND OTHER SERVICES ELECTRONICALLY THROUGHOUT YOUR ENTIRE COURSE OF PARTICIPATION IN THE SERVICE.
This Agreement and any related transactions entered into electronically will be deemed to be "in writing" and to have been "signed" by you with the same effect as a manual signature (and any electronic record of such Agreement entered into online will be deemed to be "in writing.")
You acknowledge that you have a printer or other device to print or save this Agreement. After clicking "I Agree," you may contact us at Help@BasaltMatrix.com to obtain a paper copy of this Agreement or any other electronic record provided as part of the Service. The provision of certain records in paper form may be subject to additional fees. In addition, you may withdraw your consent to conduct transactions electronically by contacting us at Help@BasaltMatrix.com, though doing so will act as a notice of termination of this Agreement. You are required to update your contact information when it changes by contacting us at Help@BasaltMatrix.com.
© 2018 BasaltMatrix Technology Limited. All Right Reserved
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