The url’s of this website’s specified in the Special Terms is owned, controlled and operated by Pratham Investment Managers (the “Company”). However you agree and acknowledge that the definition of website will be different for different services that you will subscribe. By visiting the Website you are agreeing to be bound by the terms and conditions listed below as general terms (“General Terms”), the terms and conditions listed below as special terms related to the particular product (“Special Terms”), the disclaimer provided at the URL Disclaimer and the privacy statements laid down at the Privacy Policy (the General Terms, Special Terms, Disclaimer and Privacy Policy are collectively called “User Agreement”). The Company may change the terms of the User Agreement at any time. Your continued use of the Website means that you accept any new or modified terms of the User Agreement that we may come up with from time to time. Please go through the User Agreement from time to time in its entirety to stay abreast of any changes that we may introduce.

GENERAL TERMS

REGISTRATION

You need to register for the Services (as mentioned in detail in the Special Terms) of the Company provided through the Website after providing requisite information and subscription fees. By subscribing you certify that all information you provide, now or in the future, is accurate. You also agree to provide the Company with any updates in your contact or other personal details at all points of time.

The Company reserves the right, in its sole discretion, to deny you access to this Website or any portion thereof without notice for the following reasons (a) immediately for any unauthorized access or use by you (b) immediately if you assign or transfer (or attempt the same) any rights granted to you under this Agreement; (c) immediately, if you violate any of the other terms and conditions of this User Agreement.

You shall not under any circumstance share access to the Website with any third party.

LICENSE

The Company hereby grants you a limited, non-exclusive, non-assignable and non-transferable license to access the Website provided and expressly conditioned upon your agreement that all such access and use shall be governed by all of the terms and conditions set forth in the User Agreement.

COPYRIGHT & NO RETRANSMISSION OF INFORMATION

The Website as well as the design and information contained in it, is the valuable and exclusive property of the Company and/or the research experts (the research experts shall mean and include any individual, company and/or any other entity) with which the Company has an agreement to the effect thereto. Nothing in this Agreement shall be construed as transferring or assigning any such ownership rights to you or any other person or entity.

You may not resell, redistribute, broadcast or transfer the information or use the information in a searchable, machine-readable database unless separately and specifically authorized in writing by the Company prior to such use. You may not rent, lease, sublicense, distribute, transfer, copy, reproduce, publicly display, publish, adapt, store or time-share the contents of the Website, any part thereof, or any of the information received or accessed therefrom to or through any other person or entity unless separately and specifically authorized in writing by the Company prior to such use. In addition, you may not remove, alter or obscure any copyright, legal or proprietary notices in or on any portions of the Website without prior written authorization. Except as set forth herein, any other use of the information contained in the Website requires the prior written consent of the Company and may require a separate fee.

DELAYS IN SERVICES

The Company (including its directors, employees, affiliates, agents, representatives or subcontractors) shall be liable for any loss or liability resulting, directly or indirectly, from delays or interruptions due to human, electronic or mechanical equipment failures, telephone interconnect problems, defects, weather, strikes, walkouts, fire, acts of God, riots, armed conflicts, acts of war, or other like causes. The Company shall have no responsibility to provide you an access to the Website if an interruption to the Website continues due to any such cause as mentioned above.

YOUR REPRESENTATIONS

You understand and represent the following:

• • Subject to payment of subscription fee and as long as you comply with the terms of the User Agreement, the Company grants you a personal, non-exclusive, non-transferable, limited privilege to enter and use the Website. You acknowledge and understand that use of the Website shall be at your own risk and that you have the discretion of not using the Website.
• • You agree and understand that the information accessed through the Website is in the nature of research reports/analysis prepared by research experts and the Company or its management does not have any role in the preparing of such reports/analysis.
• • You understand that the Services of the Company or the research reports provided by research experts, as provided in the Special Terms below, are not in the nature of investment advice, as defined under the SEBI (Investment Advisers) Regulations, 2013.
• • You understand that the data and information provided on the Website does not constitute advice and shall not be relied upon by you while making investment decisions. You understand that you shall not make investment decisions based on the information contained on the Website without independently consulting with duly registered and qualified advisors and that, if you choose to engage in such transactions with or without seeking advice from a duly registered and qualified financial advisor, then such decision and any consequences flowing therefrom are your sole responsibility.
• • You understand that the Company only shares a contractual relation with research experts in the capacity of a service provider of the platform through the Website. You represent that you will not hold the Company liable for any acts of the research experts, including but not limited to, the content and information sent/uploaded in the form of e-mails, SMS, calls, newsletters, reports, etc.
• • You understand that the Company will only resolve your complaints with respect to the Services of the Website. The Company shall not address any complaints that you may have with respect to the content and information supplied to it by research experts.
• • The information accessed by subscribing to the Services should not be distributed to third parties, with or without consideration.
• • You understand and represent that the Company does not provide through the Website or any other medium any kind of execution services.
• • You acknowledge and agree that all decisions regarding the asset allocation, choice of investments, expected performances and risks and operations of our Services or that of the research experts have been understood by you and taken with your own concurrence.
• • You acknowledge that the Company, its representatives and associate companies are not fiduciaries with respect to your decision to enter into this Agreement and avail the Services provided through the Website.
• • You understand that the rights and services available to all subscribers of the Website through the Company shall be equal. No research report/analysis prepared by research experts will be exclusively distributed to specific subscriber(s).

LIABILITY DISCLAIMER

YOU EXPRESSLY AGREE THAT USE OF THE WEBSITE IS AT YOUR SOLE RISK.

THE CONTENTS, INFORMATION, SOFTWARE, PRODUCTS, FEATURES AND SERVICES PUBLISHED ON THE WEBSITE MAY INCLUDE INACCURACIES OR TYPOGRAPHICAL ERRORS. CHANGES ARE PERIODICALLY ADDED TO THE CONTENTS HEREIN. THE COMPANY AND/OR ITS RESPECTIVE SUPPLIERS MAY MAKE IMPROVEMENTS AND/OR CHANGES IN THE WEBSITE AT ANY TIME. THE WEBSITE MAY BE TEMPORARILY UNAVAILABLE FROM TIME TO TIME DUE TO REQUIRED MAINTENANCE, TELECOMMUNICATIONS INTERRUPTIONS, OR OTHER DISRUPTIONS. THE COMPANY (AND ITS OWNERS, SUPPLIERS, CONSULTANTS, ADVERTISERS, AFFILIATES, PARTNERS, EMPLOYEES OR ANY OTHER ASSOCIATED ENTITIES, ALL COLLECTIVELY REFERRED TO AS ASSOCIATED ENTITIES HEREAFTER) SHALL NOT BE LIABLE TO USER OR MEMBER OR ANY THIRD PARTY SHOULD THE COMPANY EXERCISE ITS RIGHT TO MODIFY OR DISCONTINUE ANY OR ALL OF THE CONTENTS, INFORMATION, SOFTWARE, PRODUCTS, FEATURES AND SERVICES PUBLISHED ON THE WEBSITE.

THE COMPANY AND/OR ITS RESPECTIVE ASSOCIATED ENTITIES MAKE NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE CONTENTS, INFORMATION, SOFTWARE, PRODUCTS, FEATURES AND SERVICES CONTAINED ON THE WEBSITE FOR ANY PURPOSE. ALL SUCH CONTENTS, INFORMATION, SOFTWARE, PRODUCTS, FEATURES AND SERVICES ARE PROVIDED “AS IS” WITHOUT WARRANTY OF ANY KIND. THE COMPANY AND/OR ITS ASSOCIATED ENTITIES HEREBY DISCLAIM ALL WARRANTIES AND CONDITIONS WITH REGARD TO THESE CONTENTS, INFORMATION, SOFTWARE, PRODUCTS, FEATURES AND SERVICES, INCLUDING ALL IMPLIED WARRANTIES AND CONDITIONS OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, AND AVAILABILITY.

IN NO EVENT SHALL THE COMPANY AND/OR ITS ASSOCIATED ENTITIES BE LIABLE FOR ANY DIRECT, INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGE ARISING OUT OF OR IN ANY WAY CONNECTED WITH THE USE OF THE WEBSITE OR WITH THE DELAY OR INABILITY TO USE THE WEBSITE, OR FOR ANY CONTENTS, INFORMATION, SOFTWARE, PRODUCTS, FEATURES AND SERVICES OBTAINED THROUGH THE WEBSITE, OR OTHERWISE ARISING OUT OF THE USE OF THE WEBSITE, WHETHER BASED ON CONTRACT, TORT, STRICT LIABILITY OR OTHERWISE, EVEN IF THE COMPANY OR ANY OF ITS ASSOCIATED ENTITIES HAS BEEN ADVISED OF THE POSSIBILITY OF DAMAGE.

EQUIPMENT AND OPERATION

You shall provide and maintain all telephone/internet and other equipment necessary to access the Website and the costs of any such equipment and/or telephone/internet connections or use, including any applicable taxes, shall be borne solely by you. You are responsible for operating your own equipment used to access the Website.

You acknowledge that the information provided through the Website is compiled from research experts, which are beyond the control of the Company. Though such information is recognized by the Parties to be generally reliable, the Parties acknowledge that inaccuracies may occur and the Company does not warrant the accuracy or suitability of the information. For this reason, as well as the possibility of human and mechanical errors and other factors,

YOU ACKNOWLEDGE THAT THE WEBSITE IS PROVIDED TO YOU ON AN “AS IS, WITH ALL FAULTS” BASIS. THE COMPANY EXPRESSLY DISCLAIMS ANY AND ALL WARRANTIES, WHETHER EXPRESS, ORAL, IMPLIED, STATUTORY OR OTHERWISE, OF ANY KIND TO THE USERS AND/OR ANY THIRD PARTY, INCLUDING ANY IMPLIED WARRANTIES OF ACCURACY, TIMELINESS, COMPLETENESS, MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, AS WELL AS ANY WARRANTIES ARISING BY VIRTUE OF CUSTOM OF TRADE OR COURSE OF DEALING AND ANY IMPLIED WARRANTIES OF TITLE OR NON-INFRINGEMENT. IN ADDITION, THE WEBSITE WHILE PROVIDING THE INFORMATION MAKES NO ENDORSEMENT OF ANY PARTICULAR SECURITY, MARTKET PARTICIPANT, OR BROKERAGE. THE COMPAY DOES NOT REPRESENT OR WARRANT THAT IT WILL MEET YOUR REQUIREMENTS OR IS SUITABLE FOR YOUR NEEDS.

Under this User Agreement, you assume all risk of errors and/or omissions in Website, including the transmission or translation of information. You assume full responsibility for implementing sufficient procedures and checks to satisfy your own requirements for the accuracy and suitability of the Website, including the information, and for maintaining any means, which you may require for the reconstruction of lost data or subsequent manipulations or analyses of the information under the User Agreement.

YOU AGREE THAT THE COMPANY (INCLUDING ITS AND THEIR OFFICERS, DIRECTORS, EMPLOYEES, AFFILIATES, GROUP COMPANIES AGENTS, REPRESENTATIVES OR SUBCONTRACTORS) SHALL NOT IN ANY EVENT BE LIABLE FOR ANY SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES ARISING OUT OF THE USE OR INABILITY TO USE THE WEBSITE FOR ANY PURPOSE WHATSOEVER. THE COMPANY AND IT’S AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES AND AGENTS SHALL HAVE NO LIABILITY IN TORT, CONTRACT, OR OTHERWISE TO USER AND/OR ANY THIRD PARTY.

LINKS TO THIRD PARTY SITES

The external links in this site will allow you to leave the Website. The linked sites are not under the control of the Company. The Company has not reviewed, nor approved these sites and is not responsible for the contents or omissions of any linked external site or any links contained in a linked site. The inclusion of any linked site does not imply endorsement by the Company of the site.

INDEMNIFICATION

YOU SHALL INDEMNIFY, DEFEND AND HOLD HARMLESS THE COMPANY (INCLUDING ITS AND THEIR OFFICERS, DIRECTORS, EMPLOYEES, AFFILIATES, GROUP COMPANIES, AGENTS, REPRESENTATIVES OR SUBCONTRACTORS) FROM ANY AND ALL CLAIMS AND LOSSES IMPOSED ON, INCURRED BY OR ASSERTED AS A RESULT OF OR RELATED TO: (a) your access and use of the Website (b) any non-compliance by you with the terms and conditions hereof; or (c) any third party actions related to users receipt and use of the information, whether authorized or unauthorized. Any clause declared invalid shall be deemed severable and not affect the validity or enforceability of the remainder. These terms may only be amended in a writing signed by the Company.

CONFLICTING TERMS

If there is any conflict between the User Agreement and other documents, this User Agreement shall govern, whether such order or other documents is prior to or subsequent to this User Agreement, or is signed or acknowledged by any director, officer, employee, representative or agent of the Company.

ATTORNEY’S FEES

If the Company takes action (by itself or through its associate companies) to enforce any of the provisions of the User Agreement, including collection of any amounts due thereunder, the Company shall be entitled to recover from you (and you agree to pay), in addition to all sums to which it is entitled or any other relief, at law or in equity, reasonable and necessary attorney’s fees and any costs of any litigation.

ENTIRE AGREEMENT

The User Agreement constitutes the entire agreement between the Parties, and no other agreement, written or oral, exists between you and the Company in relation to the use of the Website. By using the information on the Website, you assume full responsibility for any and all gains and losses, financial, emotional or otherwise, experienced, suffered or incurred by you. The Company does not guarantee the accuracy, completeness or timeliness of, or otherwise endorse in any way, the views, opinions or recommendations expressed in the information, does not give investment advice, and does not advocate the purchase or sale of any security or investment by you or any other individual. The information is not intended to provide tax, legal or investment advice, which you should obtain from your professional advisor prior to making any investment of the type discussed in the information. The information does not constitute a solicitation by the information providers, the Website or other of the purchase or sale of securities.

THE SERVICE IS PROVIDED “AS IS,” WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION, ANY WARRANTY FOR INFORMATION, DATA, SERVICES, UNINTERRUPTED ACCESS, OR PRODUCTS PROVIDED THROUGH OR IN CONNECTION WITH THE SERVICE. SPECIFICALLY, THE COMPANY DISCLAIMS ANY AND ALL WARRANTIES, INCLUDING, BUT NOT LIMITED TO: (i) ANY WARRANTIES CONCERNING THE AVAILABILITY, ACCURACY, USEFULNESS, OR CONTENT OF INFORMATION, PRODUCTS OR SERVICES; AND (ii) ANY WARRANTIES OF TITLE, WARRANTY OF NON-INFRINGEMENT, WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. THIS DISCLAIMER OF LIABILITY APPLIES TO ANY DAMAGE OR INJURY CAUSED BY ANY FAILURE OF PERFORMANCE, ERROR, OMISSION, INTERRUPTION, DELETION, DEFECT, DELAY IN OPERATION OR TRANSMISSION, COMPUTER VIRUS, COMMUNICATION LINE FAILURE, THEFT OR DESTRUCTION OR UNAUTHORIZED ACCESS TO, ALTERATION OF, OR USE OF RECORD, WHETHER FOR BREACH OF CONTRACT, TORT, NEGLIGENCE, OR UNDER ANY OTHER CAUSE OF ACTION.

NEITHER THE COMPANY NOR ANY OF ITS EMPLOYEES, AGENTS, SUCCESSORS, ASSIGNS, AFFILIATES, GROUP COMPANIES OR CONTENT OR SERVICE PROVIDERS SHALL BE LIABLE TO YOU OR OTHER THIRD PARTY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGE ARISING OUT OF USE OF SERVICE OR INABILITY TO GAIN ACCESS TO OR USE THE SERVICE OR OUT OF ANY BREACH OF ANY WARRANTY. BECAUSE SOME COUNTRIES DO NOT ALLOW THE EXCLUSION OR LIMITATION OF LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES, THE ABOVE LIMITATION MAY NOT APPLY TO YOU. IN SUCH COUNTRIES, THE RESPECTIVE LIABILITY OF THE COMPANY, ITS EMPLOYEES, AGENTS, SUCCESSORS, ASSIGNS, AFFILIATES, GROUP COMPANIES AND CONTENT OR SERVICE PROVIDERS RESPECTIVE LIABILITY IS LIMITED TO THE AMOUNT PROVIDED UNDER SAID LAW. FURTHER, YOU AGREE AND UNDERSTAND THAT ALL SERVICES PROVIDED ARE NON-REFUNDABLE UNLESS OTHERWISE STATED IN SUCH MANNER AS MAY BE DEEMED APPROPRIATE BY THE COMPANY AND THAT YOU SHOULD CAREFULLY CONSIDER WHETHER OUR SERVICES ARE ABLE TO MEET YOUR NEEDS.

CONFIDENTIALITY/NON-COMPETITION CLAUSE

You agree to keep the information received from the Website and Services CONFIDENTIAL and will NOT Disclose the knowledge gained to other any person or firm for any reason. You hereby consent to the Jurisdiction of the Courts of Mumbai, India with respect to violation of any part of this Agreement. You expressly agree that you will be financially liable for actual and punitive copyright infringement and loss-of-business damages awardable to the Company and/or its associate companies if you derive any or all of your income from a stock or financial-services related the Website and/or we find that you have copied, made derivative works from, or in any other way duplicated the proprietary information located on the Website (including but not limited to graphics, trading systems and methods etc.). The information and commentaries are not meant to be an endorsement or offering of any stock purchase. Principals, content providers and employees of the Company do not represent themselves as acting in the position of an investment advisor, broker, or investment manager for the use of the information in this service.

TERMINATION

The User Agreement and the license rights granted hereunder shall remain in full force and effect unless terminated or cancelled for any of the following reasons:

• • Immediately by the Company for any unauthorized access or use by you;
• • Immediately by the Company if you assign or transfer (or attempt the same) any rights granted to you under this Agreement;
• • Immediately, if you violate any of the other terms and conditions of the User Agreement.
• • Immediately, upon termination of the Company’s agreement with research experts, in the event such termination adversely affects the Company’s ability to continue provision of the Services.
• • Termination or cancellation of this Agreement shall not affect any right or relief to which the Company may be entitled, at law or in equity. Upon termination of this User Agreement, all rights granted to you will terminate and revert to the Company. Upon termination of the User Agreement, all rights granted to you will terminate and revert to the Company and you shall remove and permanently delete any and all data and/or information from the Website stored and/or recorded by you on any means, modes and formats whatsoever and immediately cease usage of such data and/or information. The continued use of such data and/or information by you subsequent to termination shall constitute breach of the intellectual property rights of the Company and/or research expert. Except as set forth herein, regardless of the reason for cancellation or termination of this User Agreement, the fee charged if any for access to the Company is non-refundable for any reason.

JURISDICTION

The terms of this Agreement are exclusively based on and subject to Indian law. You hereby consent to the exclusive jurisdiction and venue of courts in Mumbai, India in all disputes arising out of or relating to the use of the Website. Use of the Website is unauthorized in any jurisdiction that does not give effect to all provisions of these terms and conditions, including without limitation this paragraph.

Special Offers

In case you choose to cancel your subscription before the due date; the value of the free gifts would be deducted from the refundable amount.