Common use of Changes to the OTCQB Marketplace Services Clause in Contracts

Changes to the OTCQB Marketplace Services. Except for the designation of the Company’s securities as OTCQB securities, OTC Markets Group may at any time and from time to time in its sole discretion, without prior notice to the Company, modify or amend the format, content and other particulars of the OTCQB Marketplace Services, including terminating one or more of them, whether or not such modifications, amendments, or changes adversely affect the Company. The Company agrees that OTC Markets Group shall have no responsibility or liability whatsoever for any such adverse effects. OTC Markets Group shall provide information to the Company regarding any material modifications or amendments to any of the OTCQB Marketplace Services by e-mail. IN THE EVENT THAT THE COMPANY DETERMINES THAT ANY AMENDMENT TO OR MODIFICATION OF ANY OF THE OTCQB MARKETPLACE SERVICES IS UNACCEPTABLE, THE COMPANY’S ONLY RECOURSE IS TO TERMINATE THIS AGREEMENT IN THE MANNER SET FORTH IN SECTION 6.2 HEREIN. THE COMPANY’S CONTINUED USE OF THE OTCQB MARKETPLACE SERVICES FOR MORE THAN 30 DAYS SUBSEQUENT TO ITS RECEIPT OF INFORMATION REGARDING A MATERIAL MODIFICATION OR AMENDMENT BY AN E-MAIL FROM OTC MARKETS GROUP WILL CONSTITUTE ACCEPTANCE BY THE COMPANY OF SUCH AMENDMENT OR MODIFICATION. IN THE EVENT OF TERMINATION, ALL PREVIOUSLY PAID FEES ARE NON-REFUNDABLE.

Appears in 7 contracts

Samples: Application & Agreement, Otcqb® Agreement, Otcqb® Agreement

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