Common use of Risk of Loss of Private Keys Clause in Contracts

Risk of Loss of Private Keys. The Tokens Exchanged by Acquiror may be held by Acquiror in Acquiror’s digital wallet or vault, which requires a private key, or a combination of private keys, for access. Accordingly, loss of requisite private keys associated with Acquiror’s digital wallet or vault storing the Tokens will result in loss of such Tokens, access to Acquiror’s Token balance and/or any initial balances in blockchains created by third parties. Moreover, any third party that gains access to such private keys, including by gaining access to login credentials of a hosted wallet or vault service Acquiror uses, may be able to misappropriate Acquiror’s Tokens. The Company Parties are not responsible for any such losses.

Risk of Loss of Private Keys. The Tokens Exchanged purchased by Acquiror Buyer may be held by Acquiror Buyer in AcquirorBuyer’s digital wallet or vault, which requires a private key, or a combination of private keys, for access. Accordingly, loss of requisite private keys associated with AcquirorBuyer’s digital wallet or vault storing the Tokens will result in loss of such Tokens, access to AcquirorBuyer’s Token balance and/or any initial balances in blockchains created by third parties. Moreover, any third party that gains access to such private keys, including by gaining access to login credentials of a hosted wallet or vault service Acquiror Buyer uses, may be able to misappropriate AcquirorBuyer’s Tokens. The Company Parties are not responsible for any such losses.