In consideration of the mutual representations, covenants and agreements hereinafter set forth, Tera (defined herein) and User (the entity stated below) agree as follows:Exchange User License Agreement • May 1st, 2015 • New York
Contract Type FiledMay 1st, 2015 JurisdictionThis Exchange User License Agreement and the related Forms, Exhibits, Instrument Addendums (collectively the “Agreement” or “EULA”) set out the terms, conditions, rights and obligations under which Tera will provide the User with access to and the right to utilize Tera trading and related Services (defined herein) for Tera formerly OTC and other derivative contracts and Other Markets as well as voice assistance for negotiated trades; access and use of Tera’s execution management system (“TeraDirect”); access to the pre-trade credit and risk and order management functionality for Transactions on Tera (“TeraCheck”); use of collateral, custodial and escrow services related to User’s Transactions, including Tera’s role as an administrator of these services and other related activities; access via TeraDirect to other platforms for related and underlying products for cross-asset and multi-leg execution, charting and other analytical tools; access to instant messaging and other communications