Common use of Use of Electronic Services Clause in Contracts

Use of Electronic Services. We grant you a personal, non-transferable, revocable, non- exclusive and limited licence to use (but not modify or sub-license) Nomura Services subject to this Agreement. You will use the Electronic Services and enter into Transactions only for your own internal use in connection with trading, including using the Electronic Services for your clients. All rights not expressly granted are reserved. You acknowledge that you have no intellectual property rights in the Electronic Services which belong to us or our licensors. We may provide certain Electronic Services under licence from third parties; if you choose to use those Electronic Services, you will comply with any additional terms that we or such third parties may communicate to you from time to time. You agree to be bound by any legends, disclosures, disclaimers, instructions, trading limits, restrictions or terms displayed on the Electronic Services or communicated to you in writing from time to time. We may restrict, change or prohibit the use of the Electronic Services (or any part thereof) for regulatory or other reasons, with or without prior notice; we and the Related Parties shall not be liable for any Losses whatsoever for such restriction, change or prohibition. Transactions: We may decline to process any Instruction or to enter into a Transaction at our absolute discretion. We have no responsibility for Instructions that are inaccurate or not received by us, and may execute any Instruction on the terms actually received by us. We have no obligation to accept, execute, modify, replace or cancel all or any part of a Transaction that you seek to execute, amend or cancel through the Electronic Services. We may cancel an Instruction or Transaction, in whole or in part, where requested to do so by a Regulator or pursuant to Applicable Rules; we may also cancel a Transaction executed at a clearly erroneous price. You have read and agree to the clearly erroneous rules as stipulated on the Website. Notwithstanding the foregoing, we shall use all commercially reasonable efforts to provide prior notice to you of any change we may make pursuant to this paragraph. Data & other information: You acknowledge that (i) data you receive using an Electronic Service is confidential and proprietary to us or our licensors and should only be used for your use of the Electronic Services in accordance with Applicable Rules and the terms and conditions of our licensors; (ii) information provided through an Electronic Service is not investment advice; and