Terms of Use


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Terms of Use


GreenCoin Foundation Site Terms

Last Updated: September 10, 2014

PLEASE READ THESE SITE TERMS CAREFULLY. BY ACCESSING OR USING THE SITE, YOU AGREE TO BE BOUND BY THESE SITE TERMS AND ALL TERMS INCORPORATED BY REFERENCE. IF YOU DO NOT AGREE TO ALL OF THESE TERMS, DO NOT ACCESS OR USE THE SITE.

These Site Terms ("Terms") apply to your access to, and use of, any website of the GreenCoin Foundation (the "Foundation"), including http://www.grcoin.com/ and other online products or services where these Terms are posted (collectively, the "Site"). These Terms do not alter in any way the terms or conditions of any other agreement you may have with the Foundation for products, services or otherwise, including without limitation any Producer Agreement entered into with the Foundation with respect to participation in the GreenCoin producer network. If you are using the Site on behalf of any entity, you represent and warrant that you are authorized to accept these Terms on such entity's behalf, and that such entity agrees to indemnify you and the Foundation for violations of these Terms.

The Foundation reserves the right to change or modify these Terms, or any policy or guideline of the Site, at any time and in our sole discretion. Any changes or modifications will be effective immediately upon posting the revisions on the Site, and you waive any right you may have to receive specific notice of such changes or modifications. Your continued use of the Site following the posting of changes or modifications will confirm your acceptance of such changes or modifications. Therefore, you should frequently review the Terms and applicable policies to understand the terms and conditions that apply to your use of the Site. If you do not agree to the amended terms, you must stop using the Site.

If you have any questions regarding the Site, please contact the Foundation by emailing support@grcoin.com.

  1. Privacy Policy
    Please refer to our Privacy Policy for information about how The Foundation collects, uses and discloses information from our users.

  2. Acceptable Use Policy
    Access to and use of the Site is governed by our Acceptable Use Policy. Failure to comply with our Acceptable Use Policy may result in, among other actions, suspension or termination of your right to access and use the Site.

  3. Eligibility, Registration and Account In order to access certain areas and features of the Site, you may need to register for an account. You agree to (a) provide accurate, truthful, current and complete information when creating an account; (b) maintain and promptly update your account information; (c) maintain the security of your account by not sharing your password with others and restricting access to your account and your computer or mobile device; (d) promptly notify the Foundation if you discover or otherwise suspect any security breaches related to the Site; and (e) take responsibility for all activities that occur under your account and accept all risks of unauthorized access.

  4. Copyright and Limited License

    Unless otherwise indicated, the Site and all content and other materials on the Site, including, without limitation, the Foundation logo, "GreenCoin," the GreenCoin logo, and all designs, text, graphics, pictures, videos, information, data, software, sound files and other files, and the selection and arrangement thereof, (collectively, the "Site Materials") are the proprietary property of the Foundation or our licensors or users and are protected by U.S. and international copyright and trademark laws.

    You are granted a limited, non-exclusive, and non-sublicensable license to access and use the Site and Site Materials; however, such license is subject to these Terms and, unless specifically provided for under separate terms, does not include: (a) any resale or commercial use of the Site or the Site Materials; (b) the collection and use of any product listings, pictures, or descriptions; (c) the distribution, public performance, or public display of any Site Materials; (d) any modification or creation of any derivative uses of the Site and the Site Materials, or any portion thereof; (e) use of any data mining, robots, or similar data gathering or extraction methods; (f) downloading (other than the page caching) of any portion of the Site, the Site Materials, or any information contained therein, except as expressly permitted on the Site; or (g) any use of the Site or the Site Materials other than for their intended purposes. Any use of the Site or the Site Materials other than as specifically authorized herein, without the prior written permission of the Foundation, is strictly prohibited and will terminate the license granted herein. Such unauthorized use may also violate applicable laws, including without limitation copyright and trademark laws and applicable communications regulations and statutes. Unless explicitly stated herein, nothing in these Terms shall be construed as conferring any license to intellectual property rights, whether by estoppel, implication, or otherwise. This license is revocable at any time.


  5. Trademarks "GreenCoin Foundation," "GreenCoin," "GreenCoin," the Foundation logos and any other Foundation product or service name or slogan contained on the Site are trademarks of Foundation and its licensors, and may not be copied, imitated or used, in whole or in part, without the prior written permission of Foundation or the applicable trademark holder. You may not use any metatags or any other "hidden text" utilizing "GreenCoin" or "GreenCoin Foundation" or any other name, trademark, or product or service name of Foundation without our prior written permission. In addition, the look and feel of the Site, including all page headers, custom graphics, button icons, and scripts, is the service mark, trademark, and/or trade dress of Foundation and may not be copied, imitated, or used, in whole or in part, without our prior written permission. All other trademarks, registered trademarks, product names, and names or logos mentioned in the Site are the property of their respective owners. Reference to any products, services, processes, or other information, by trade name, trademark, manufacturer, supplier, or otherwise does not constitute or imply endorsement, sponsorship, or recommendation thereof by us.

  6. Framing and Hyperlinks You may not use a Foundation logo, or other proprietary graphic of Foundation to link to the Site without the express written permission of Foundation. Further, you may not use, frame or utilize framing techniques to enclose any Foundation trademark, logo, or other proprietary information, including the images found on the Site, the content of any text or the layout/design of any page or form contained on a page of the Site without Foundation's express written consent. Except as noted above, you are not conveyed any right or license by implication, estoppel or otherwise in or under any patent, trademark, copyright, or other proprietary right of Foundation or any third party.

  7. Third Party Content Foundation may provide third party content on the Site and may provide links to web pages and content of third parties (collectively the "Third Party Content") as a service to those interested in this information. Foundation does not control, endorse, or adopt any Third Party Content and makes no representation or warranties of any kind regarding the Third Party Content, including without limitation regarding its accuracy or completeness. You acknowledge and agree that Foundation is not responsible or liable in any manner for any Third Party Content and undertakes no responsibility to update or review any Third Party Content. Users use such Third Party Content at their own risk.

  8. Advertisements and Promotions Foundation may display advertisements and promotions from third parties on the Site or may otherwise provide information about, or links to, third-party products or services on the Site. Your business dealings or correspondence with, or participation in promotions of, such third parties, and any terms, conditions, warranties, or representations associated with such dealings or promotions are solely between you and such third party. Foundation is not responsible or liable for any loss or damage of any sort incurred as the result of such dealings or promotions or as the result of the presence of non-Foundation advertisements or other third party information on the Site.

  9. Feedback We will own exclusive rights, including all intellectual property rights, to any feedback, suggestions, ideas, or other information or materials regarding the Foundation or our Services that you provide, whether by email, posting through our Site, or otherwise ("Feedback"). Any Feedback you submit is non-confidential and will become the sole property of the Foundation. We will be entitled to the unrestricted use and dissemination of such Feedback for any purpose, commercial or otherwise, without acknowledgment or compensation to you. You waive any rights you may have to the Feedback (including any copyrights or moral rights). Further, you agree not to submit any Feedback that is defamatory, illegal, offensive, or otherwise violates any right of any third-party, or breaches any agreement between you and any third-party.

  10. Severability If any provision of these Terms shall be deemed unlawful, void, or for any reason unenforceable, then that provision shall be deemed severable from these Terms and shall not affect the validity and enforceability of any remaining provisions.

Acceptable Use Policy


Acceptable Use Policy


 

GreenCoin Foundation Acceptable Use Policy

This Acceptable Use Policy (this "Policy") describes prohibited uses of the online products and services (the "Services") offered by GreenCoin Foundation (the "Foundation") and the website located at http://www.grcoin.com/ (the "Site"). The examples described in this Policy are not exhaustive. We may modify this Policy at any time by posting a revised version on the Site. By using the Services or accessing the Site, you agree to the latest version of this Policy. If you violate the Policy or authorize or help others to do so, we may suspend or terminate your use of the Services or Site.  

 

  1. No Illegal, Harmful, or Offensive Use or Content
    You may not use, or encourage, promote, facilitate or instruct others to use, the Services or Site for any illegal, harmful or offensive use, or to transmit, store, display, distribute or otherwise make available content that is illegal, harmful, or offensive. Prohibited activities or content include:
    • Illegal or Infringing Activities. Any illegal activities, including advertising, transmitting, or otherwise making available illegal materials, activities, or instrumentalities, and any other access or use of the Site or Service in violation of any law, rule, or regulation, or otherwise in violation of any third party's rights. This includes, without limitation: (i) the use or transmission of any data or material protected by copyright, trademark, trade secret, patent, or other intellectual property right without proper authorization; and (ii) the use or transmission of any material that constitutes an illegal threat or violates export control laws.
    • Harmful or Fraudulent Activities. Activities that may be harmful to others, our operations, or reputation, including offering or disseminating fraudulent goods, services, schemes, or promotions (e.g., make-money-fast schemes, ponzi and pyramid schemes, phishing, or pharming), or engaging in other deceptive practices.
    • Offensive Content. Content that is defamatory, obscene, abusive, invasive of privacy, or otherwise objectionable.
    • Harmful Content. Content or other computer technology that may damage, interfere with, surreptitiously intercept, or expropriate any system, program, or data, including viruses, Trojan horses, worms, time bombs, keystroke loggers, spyware, adware, or cancelbots.

  2. No Security Violations
    You may not use the Services to, or to enable a third party to, violate the security or integrity of any network, computer or communications system, the GreenCoin protocol, any wallet, or other software application, website, or network or computing device (each, a "System"). Prohibited activities include:
    • Unauthorized Access. Accessing or using any System without permission, including attempting to probe, scan, or test the vulnerability of a System, to breach any security or authentication measures used by a System, or to identify, disseminate or exploit (or to cause to be identified, disseminated, or exploited) any security vulnerabilities of any System.
    • Interception. Monitoring of data or traffic on a System without permission.
    • Falsification of Origin. Forging TCP-IP packet headers, e-mail headers, or any part of a message describing its origin or route. This prohibition does not include the use of aliases or anonymous remailers.

  3. No Network Abuse You may not make network connections to any users, hosts, or networks unless you have permission to communicate with them. Prohibited activities include:
    • Monitoring or Crawling. Monitoring or crawling of a System that impairs or disrupts the System being monitored or crawled.
    • Denial of Service (DoS). Inundating a target with communications requests so the target either cannot respond to legitimate traffic or responds so slowly that it becomes ineffective.
    • Intentional Interference. Interfering with the proper functioning of any System, including any deliberate attempt to overload a system by mail bombing, news bombing, broadcast attacks, or flooding techniques.
    • Operation of Certain Network Services. Operating network services like open proxies, open mail relays, or open recursive domain name servers.
    • Avoiding System Restrictions. Using manual or electronic means to avoid any use limitations placed on a System, such as access and storage restrictions.

  4. No E-Mail or Other Message Abuse You will not distribute, publish, send, or facilitate the sending of unsolicited mass e-mail or other messages, promotions, advertising, or solicitations (like "spam"), including commercial advertising and informational announcements. You will not alter or obscure mail headers or assume a sender's identity without the sender's explicit permission. You will not collect replies to messages sent from another Internet service provider if those messages violate this Policy or the acceptable use policy of that provider.

  5. Other Prohibited Uses You may not: (i) resell or redistribute the Service, or any part of the Service, or otherwise use the Service for any purpose other than your own personal or internal business use, unless pursuant to a separately executed agreement between you and Foundation; (ii) reverse engineer, distribute, modify, transmit, reuse, repost, use, or create derivative works based on the content of the Site or Service in whole or in part for any purpose, without written permission from GreenCoin; (iii) use the Site or Service in ways that may be harmful to others or the Foundation's reputation, including the use of any portion of the Services as a destination linked from any unsolicited bulk messages or unsolicited commercial messages; or (iv) use the Site or Service in any manner that Foundation otherwise states on the Site or Service is prohibited.

  6. Our Monitoring and Enforcement We reserve the right, but do not assume the obligation, to investigate any violation of this Policy or misuse of the Services or Site. We may at any time:
    • Monitor your access to, and use of, the Services or site;
    • Investigate violations of this Policy or misuse of the Services or Site; or
    • Remove, disable access to, or modify any content or resource that violates this Policy, your account, or any other agreement we have with you for use of the Services or the Site.
    We may report any activity that we suspect violates this Policy, or any law or regulation, to appropriate law enforcement officials, regulators, or other appropriate third parties. Our reporting may include disclosing appropriate customer information. We also may cooperate with appropriate law enforcement agencies, regulators, or other appropriate third parties to help with the investigation and prosecution of illegal conduct by providing network and systems information related to alleged violations of this Policy.

  7. Reporting of Violations of this Policy If you become aware of any violation of this Policy, you will immediately notify us and provide us with assistance, as requested, to stop or remedy the violation. To report any violation of this Policy, please contact us at support@grcoin.com

Privacy Policy


Privacy Policy


 

GreenCoin Foundation Privacy Policy

Last Updated: September 10, 2014
 

This Privacy Policy explains how information about you is collected, used and disclosed by the GreenCoin Foundation and its affiliated companies ("Foundation," "We," "Us"). This Privacy Policy applies to information we collect when you use our websites, mobile applications and other online products and services that link to this Privacy Policy (collectively, the "Services") or when you otherwise interact with us. This Privacy Policy does not alter in any way the terms or conditions of any other agreement you may have with the Foundation, including without limitation any Producer Agreement entered into with the Foundation with respect to participation in the GreenCoin producer network. We may change this Privacy Policy from time to time. If we make changes, we will notify you by revising the date at the top of the policy and, in some cases, we may provide you with additional notice, such as adding a statement to our homepage or sending you an email notification. We encourage you to review the Privacy Policy whenever you access the Services to stay informed about our information practices and the ways you can help protect your privacy. 

Collection of Information

Information You Provide to Us
We collect information you provide directly to us. For example, we collect information when you create an account, participate in any interactive features of the Services, fill out a form, participate in a contest or promotion, apply for a job, communicate with us via third party social media sites, request customer support, or otherwise communicate with us. The types of information we may collect include your name, email address, postal address, phone number, fax number, government issued identification number (e.g., driver's license number, passport number, etc.), and any other information you choose to provide.


Information We Collect Automatically When You Use the Services
When you access or use our Services, we automatically collect information about you, including:

  • Log Information:We log information about your use of the Services, including the type of browser you use, access times, pages viewed, your IP address, and the page you visited before navigating to our Services.
  • Device Information: We collect information about the computer [or mobile device] you use to access our Services, including the hardware model, operating system and version, unique device identifiers, and mobile network information.
  • Information Collected by Cookies and Other Tracking Technologies: We use various technologies to collect information, and this may include sending cookies to your computer or mobile device. Cookies are small data files stored on your hard drive or in device memory that help us to improve our Services and your experience, see which areas and features of our Services are popular, and count visits. For more information about cookies, and how to disable them, please see "Your Choices" below. We may also collect information using web beacons (also known as "tracking pixels"). Web beacons are electronic images that may be used in our Services or emails and help deliver cookies, count visits, understand usage and campaign effectiveness, and determine whether an email has been opened and acted upon.

Information We Collect From Other Sources
We may also obtain information from other sources and combine that with information we collect through our Services. For example, we may collect information about you from third parties, including but not limited to identity verification services, mailing list providers, and publicly available sources you create or log into your account through a social media site, we will have access to certain information from that site, such as your name, account information, and friends lists, in accordance with the authorization procedures determined by such social media site.

Use of Information

We may use information about you for various purposes, including to:

  • Provide, maintain, and improve our Services;
  • Verify your identity;
  • Provide and deliver the products and services you request, process transactions and send you related information, including confirmations of such transactions;
  • Send you technical notices, updates, security alerts, and support and administrative messages;
  • Respond to your comments, questions, and requests, and provide customer service;
  • Communicate with you about products, services, offers, promotions, rewards, and events offered by the Foundation and others, and provide news and information we think will be of interest to you;
  • Monitor and analyze trends, usage, and activities in connection with our Services;
  • Personalize and improve the Services and provide advertisements, content, or features that match user profiles or interests;
  • Link to, or combine, with information we get from others to help understand your needs and provide you with better service; and
  • Carry out any other purpose for which the information was collected.

The Foundation is based in the United States and the information we collect is processed in the United States.

Sharing of Information

We may share information about you as follows or as otherwise described in this Privacy Policy:

  • With vendors, consultants, and other service providers who need access to such information to carry out work on our behalf;
  • With our subsidiaries and affiliates;
  • In response to a request for information if we believe disclosure is in accordance with any applicable law, regulation, or legal process, or as otherwise required by any applicable law, rule, or regulation;
  • If we believe your actions are inconsistent with the spirit or language of our user agreements or policies, or to protect the rights, property, and safety of the Foundation or others;
  • With third parties for their own services and marketing purposes, unless you opt out of this type of sharing by emailing support@grcoin.com.
  • In connection with, or during negotiations of, any merger, sale of company assets, financing, or acquisition of all or a portion of our services to another foundation, company, or entity; and
  • With your consent or at your direction, including if we notify you through our Services that the information you provide will be shared in a particular manner and you provide such information.

We may also share aggregated or de-identified information, which cannot reasonably be used to identify you.

Social Sharing Features

The Services may offer social sharing features and other integrated tools (such as the Facebook "Like" button), which let you share actions you take on our Services with other media, and vice versa. The use of such features enables the sharing of information with your friends or the public, depending on the settings you establish with the entity that provides the social sharing feature. For more information about the purpose and scope of data collection and processing in connection with social sharing features, please visit the privacy policies of the entities that provide these features.

Advertising and Analytics Services Provided by Others

We may allow others to serve advertisements on our behalf across the Internet and to provide analytics services. These entities may use cookies, web beacons and other technologies to collect information about your use of the Services and other websites, including your IP address, web browser, pages viewed, time spent on pages, links clicked and conversion information. This information may be used by the Foundation and others to, among other things, analyze and track data, determine the popularity of certain content, deliver advertising and content targeted to your interests on our Services and other websites and better understand your online activity. For more information about Internet-based ads, or to opt out of having your web browsing information used for behavioral advertising purposes, please visit www.networkadvertising.org/managing/opt_out.asp and www.aboutads.info/choices.

Security

The Foundation takes reasonable measures to help protect information about you from loss, theft, misuse, unauthorized access, disclosure, alteration, and destruction.

Your Choices

Account Information
You may update, correct, or delete information about you at any time by logging into your online account, emailing us at support@grcoin.com. If you wish to deactivate your account, please email us at support@grcoin.com, but note that we may retain certain information as required by law or for legitimate business or Foundation purposes. We may also retain cached or archived copies of information about you for a certain period of time.

Cookies
Most web browsers are set to accept cookies by default. If you prefer, you can usually choose to set your browser to remove or reject browser cookies. Removing or rejecting browser cookies does not necessarily affect third party flash cookies used in connection with our Services. To delete or disable flash cookies please visit www.adobe.com/products/flashplayer/security for more information. Please note that if you choose to remove or reject cookies, this could affect the availability and functionality of our Services.

Promotional Communications
You may opt out of receiving promotional emails or text messages from the Foundation by following the instructions in those emails or text messages or by emailing us at support@grcoin.com. If you opt out, we may still send you non-promotional communications, such as relating to your account or our ongoing business relations.

Contact Us

If you have any questions about this Privacy Policy, please contact us at: 
Mail: Corporation Service Company, c/o GreenCoin Foundation, 2711 Centerville Rd, Suite 400, Wilmington, DE, 19808, USA
Email: support@grcoin.com

Producer Agreement


Producer Agreement


RECEIVING GREENCOIN PAYMENTS REQUIRES YOU ACCEPTANCE TO THIS AGREEMENT.

WHEREAS, the Foundation is a non-profit organization that administers the GreenCoin Program;

WHEREAS, Producer operates one or more renewable energy systems that generate renewable energy; and

WHEREAS, Producer wishes to participate in the GreenCoin Program on the terms set forth herein.

NOW THEREFORE, for good and valuable consideration, the sufficiency of which is hereby acknowledged, the Parties agree as follows.

1.       Definitions

Foundation” is the GreenCoin Foundation, a not-for-profit Corporation registered in the State of Delaware.

GreenCoin Payments” are transfers of GreenCoins from the Foundation to Producer as set forth in Section 3.

“GreenCoin Program” is the program administered by the Foundation, pursuant to which reductions in carbon emissions through the production of Renewable Energy are incentivized through the award of GreenCoins to participants.

GreenCoins” are peer-to-peer, cryptographically secure digital assets, represented on a public ledger that is generated by a decentralized, distributed network of miners using the GreenCoin protocol.  Miners add new blocks containing verified GreenCoin transactions to the GreenCoin blockchain by expending computing power to perform proofs of work, and are rewarded for each block in GreenCoin, in an amount determined by the protocol, and any transaction fees included by users in the transactions that are included within a block.

“Renewable Energy” means renewable energy sources such as wind, solar, biomass and geothermal, that produce fewer carbon emissions than the average amount of emissions for the substantially similar production, and taken as an aggregate average all global sources combined, and as calculated and determined by the Foundation.

“RE System” means the Renewable Energy system(s) operated by Producer, and certified by the Foundation in accordance with the terms of this Agreement and the GreenCoin Program.

“Term” is defined in Section 7.1

2.       GreenCoin Program Participation

In order to participate in the GreenCoin Program and be eligible for GreenCoin Payments, Producer must fulfill the following conditions:

2.1   Information.  Producer will provide to Foundation the following, or otherwise under oath of affirmation attest to their existence and accuracy:

(i)      If Producer is an individual, a clear color-copy of Producer’s valid and current government-issued picture ID;

(ii)    If Producer is a corporation, a copy of Producer’s valid and current certificate of incorporation;

(iii)  A copy of Producer’s most recent utility bill.  The name and address on the utility bill must match the other information provided to the Foundation; and

(iv)  Any other information that the Foundation may reasonably request.

(v) A relevant and accurate description of the renewable production system as requested by the Foundation.

2.2   Certification.  Producer will allow the Foundation to physically inspect its RE System, and will provide any information reasonably deemed necessary for the Foundation to certify Producer’s RE System.  The Foundation will in its sole discretion certify the RE System if the Foundation determines that the RE System is eligible to participate in the GreenCoin Program.  Alternatively, Producer may certify to Foundation, in form and substance satisfactory to Foundation in its sole discretion, that Producer’s RE System is eligible to participate in the GreenCoin Program. 

2.3   Meter.  Producer will install, or will allow the Foundation or its designated representative to install, a meter to measure the Renewable Energy output of Producer’s certified RE System.  Such meter must be capable of automatically measuring and transmitting production activity from the RE System to the Foundation’s information systems (the “Meter Reading”).  The Foundation shall have the right to approve any meter and its mode of installation, or to set off the cost of purchasing a meter and costs of installing such meter from any GreenCoin Payments or other amounts owed by the Foundation to Producer.

2.4   Audit.  Upon request by the Foundation, Producer will promptly provide all information reasonably deemed necessary by the Foundation to assess Producer’s compliance with the conditions of the GreenCoin Program and this Agreement, and/or provide the Foundation or its representative with physical access to the RE System and meter sites sufficient for Foundation to make such assessment.

3.       GreenCoin Program Payments

3.1   Payment Calculations.  The Foundation will award GreenCoins to Producer based on a daily calculation (“Award”) involving (a) the amount of carbon sequestered by Producer’s RE System on that day, relative to the amount of carbon sequestered by other participants in the GreenCoin Program, and (b) half the total number of GreenCoins mined on such day.  The formulae, assumptions, and values (other than the Meter Reading and the number of GreenCoins available for distribution) used in such calculation will be set by the Foundation in its sole discretion, however, the number of GreenCoins a Producer receives will always be proportionate to its Meter Readings and the number of GreenCoins mined during the calculation period. 

3.2   Payment Terms.  In order to receive GreenCoins, Producer must download or otherwise obtain a GreenCoin wallet and provide its GreenCoin public address (“Address”) to the Foundation.   The Foundation will transmit Awards to Producer’s Address, net of GreenCoin miner and network fees, on a daily basis. 

3.3   Exclusivity.  At any time during the Term, the Foundation may send a notice to Producer requiring that Producer accept GreenCoin as its sole source of compensation with respect to any carbon sequestered by the RE System (the “Exclusivity Notice”).  Effective immediately upon receipt of the Exclusivity Notice, Producer may not receive or accept any form of payment, consideration, reward or other value with respect to any carbon sequestered by the RE System, other than GreenCoins.  For example, Producer may not (i) participate in any cap-and-trade schemes, (ii) issue, sell, or trade any carbon credits, carbon offsets, or emissions allowances, or (iii) engage in any other activity having a similar economic effect.  Following issuance of the Exclusivity Notice, the Foundation may from time to time require Producer to certify its compliance with this provision, in form and substance satisfactory to the Foundation.  Any breach of this provision shall be a material breach of this Agreement, and no cure period shall apply notwithstanding anything to the contrary in this Agreement.

3.4   Clawback.  For each violation of the exclusivity requirement above, Producer will either:

(i)      Return all GreenCoin Awards provided to Producer under this Agreement to the Foundation at a GreenCoin network address specified by the Foundation; or

(ii)    Pay the Foundation the fair market value of all GreenCoin Awards provided to Producer at the time the Foundation sends notice of such violation to Producer.

4.       Representations and Warranties

Producer represents and warrants to the Foundation, as of the Effective Date and during the Term, that:

4.1   Producer is validly existing, in good standing, and is qualified to do business in each jurisdiction where it will conduct activities under this Agreement;

4.2   The signing, delivery and performance of this Agreement by Producer has been properly authorized; and

4.3   No claims, actions or proceedings are pending or, to the knowledge of Producer, threatened against or affecting Producer that may, if adversely determined, reasonably be expected to have a material adverse effect on Producer’s ability to perform its obligations under this Agreement.

4.4   the execution, delivery, or performance of this Agreement will not:

(i)      violate any existing law, regulation, order, determination, or award of any governmental authority or arbitrator, applicable to Producer;

(ii)    violate or cause a breach of the terms of Producer’s governing documents or of any material agreement that binds Producer; or

(iii)  require approval or filing with any governmental authority.

4.5   all information provided by Producer to the Foundation, including any Meter Readings, is true, correct and complete in all material respects.

5.       Warning; Disclaimer

5.1   Warning.  Producer understands and agrees that cryptocurrencies, including GreenCoin have inherent security risks including the ability to be lost, stolen, improperly traded, or otherwise misappropriated, for which Producer assumes all liability and risk.  Producer assumes all responsibility for maintaining the accuracy of its Address with the Foundation.  PRODUCERUNDERSTANDS AND AGREES THAT GREENCOIN IS NOT BACKED BY ANY ASSETS OR GOVERNMENT ORGANIZATION, AND ASSUMES ALL RISKS AND LIABILITIES FOR THE USE AND OWNERSHIP RELATED TO THE CRYPTOCURRENCY.  PRODUCER FURTHER UNDERSTANDS THAT GREENCOIN MAY EXHIBIT INHERENTLY EXTREME PRICE FLUCTUATIONS, AND THAT THERE MAY BE, FROM TIME TO TIME, NO MARKET TO TRADE OR TO OTHERWISE BUY OR SELL, GREENCOIN.  FOUNDATION WILL IN NO WAY BE RESPONSIBLE FOR ANY FINANCIAL GAIN, LOSS OR OTHER OUTCOME RESULTING FROM THE HOLDING, DISTRIBUTION, USE, PURCHASE, SALE, OR ANY OTHER ACTIVITY OR USE OF GREENCOIN BY PRODUCER.

5.2   Disclaimer.  TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, AND EXCEPT AS EXPRESSLY PROVIDED TO THE CONTRARY IN A WRITING BY US, GREENCOIN AND THE GreenCoin PROGRAM ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS.  TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, WE EXPRESSLY DISCLAIM, AND YOU WAIVE, ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT AS TO GREENCOIN AND THE GREENCOIN PROGRAM, INCLUDING THE INFORMATION, CONTENT AND MATERIALS CONTAINED THEREIN..  Producer uses GreenCoin and participates in the GreenCoin Program at its own risk.

6.       Confidentiality

6.1   The Parties acknowledge that each Party may be given access to certain confidential, proprietary, or secret information and materials, including, but not limited to, financial information, customer lists, information pertaining to either Party's customers, and other information regarding that Party's business, organization, operations, and plans (collectively, "Confidential Information") under this Agreement.  Confidential Information will also include information which, due to the circumstances surrounding its disclosure or due to its character or nature, reasonably should be treated as confidential.  All Confidential Information will be the sole and exclusive property of the Party providing such information, and the receiving Party will not have any ownership interest in such information or engage in any derivative uses of such information.  Each Party agrees that during the term of this Agreement the receiving Party shall (i) use at least the same degree of care to prevent unauthorized use and disclosure of such Confidential Information as that Party uses with respect to its own confidential information (but in no event less than a reasonable degree of care); (ii) use such Confidential Information only in performance of its obligations under this Agreement; (iii) not disclose or grant access to such Confidential Information to any third party, without the express prior written consent of the disclosing Party.

Notwithstanding the foregoing, Foundation may retain and use any Confidential Information of Producer relating to the GreenCoin Program, including Meter Readings, for analytics, promotion, or any other purpose reasonably related to the GreenCoin Program.

6.2   This section 6 will not apply to any information (i) previously known to the receiving Party free of any obligation to keep it confidential, (ii) which becomes generally available to the public through no wrongful act; (iii) that is rightfully received from a third party under no obligation of confidence to such third party; (iv) that is independently developed by the receiving Party without reference to Confidential Information which has been disclosed pursuant to this Agreement; or (v) that is required to be disclosed in order to comply with applicable laws, regulations, administrative or civil process, or governmental or court orders; provided, however, that in a circumstance in which disclosure is compelled by applicable laws, regulations, administrative or civil process, or governmental or court orders, the Party that is subject to such compelled disclosure shall limit the disclosure to only that information that must be disclosed to comply with the order and shall give the other Party notice of such compelled disclosure within 3 business days of receiving such notice so that the other Party may seek to protect such information.

7.       Term and Termination

7.1   Term.  The term of this Agreement (the "Term") commences on the Effective Date and continues thereafter [in perpetuity], unless and until sooner terminated as provided in Section 7.2.

7.2   Termination

(i)      For Convenience.  Either Party, in its sole discretion, may terminate this Agreement at any time, without cause, by providing at least TEN [10] days' prior written notice to the other Party. 

(ii)    For Cause. This Agreement shall terminate before the expiration date of the Term upon written notice of termination, if the other Party materially breaches any provision of this Agreement and either the breach cannot be cured or, if the breach can be cured, it is not cured by the breaching Party within ten [10] days after the breaching Party's receipt of written notice of breach.  Such notice of breach must have been provided by the non-breaching within ten [10] days of the non-breaching Party learning of the breach in order for the non-breaching Party to exercise their right of termination for cause hereunder.

(iii)  Automatic.  This Agreement shall terminate automatically if either Party (1) becomes insolvent, (2) is generally unable to pay, or fails to pay, its debts as they become due, (3) files, or has filed against it, a petition for voluntary or involuntary bankruptcy or pursuant to any other insolvency Law, (4) makes or seeks to make a general assignment for the benefit of its creditors, or (5) applies for, or consents to, the appointment of a trustee, receiver or custodian for a substantial part of its property or business.

7.3   Effect of Termination.

(i)      No Release.  The expiration or termination of this Agreement, for any reason, shall not release either Party from any obligation or liability to the other Party, including any payment and delivery obligation, that:

(1)    has already accrued hereunder;

(2)    comes into effect due to the expiration or termination of the Term of this Agreement; or

(3)    otherwise survives the expiration or termination of the Term of this Agreement.

(ii)    Subject to Section 7.3(i), the Party terminating this Agreement, or in the case of the expiration of this Agreement, each Party, shall not be liable to the other Party for any damage of any kind (whether direct or indirect) incurred by the other Party by reason of the expiration or termination of this Agreement.

(iii)  Return of Materials and Property.  Following the expiration or termination of this Agreement, Producer shall promptly:

(1)    return to the Foundation all documents and tangible materials (and any copies) containing, reflecting, incorporating, or based on the Foundation’s Confidential Information;

(2)    permanently erase all of the Foundation’s Confidential Information from its computer systems;

(3)    return to the Foundation all tangible property, including meters and installation equipment in its possession or control, belonging to the Foundation; and

(4)    upon the Foundation’s request, certify in writing to the Foundation that it has complied with the requirements of this Section 7.3(iii).

8.       Indemnification; Limitation on Liability.

8.1   Indemnification.  Producershall indemnify, hold harmless, and defend the Foundation and its officers, directors, employees, agents, affiliates, successors, and permitted assigns (collectively, "Indemnified Party") against any and all losses, damages, liabilities, deficiencies, claims, actions, judgments, settlements, interest, awards, penalties, fines, costs, or expenses of whatever kind, including attorneys' fees, that are incurred by Indemnified Party (collectively, "Losses"), from any third-party claim arising out of this Agreement.

8.2   Limitation of Liability

(i)      No Consequential or Indirect Damages.  IN NO EVENT SHALL THE FOUNDATION OR ANY OF ITS REPRESENTATIVES BE LIABLE UNDER THIS AGREEMENT TO PRODUCER OR ANY THIRD PARTY FOR ANY CONSEQUENTIAL, INCIDENTAL, INDIRECT, EXEMPLARY, SPECIAL, OR PUNITIVE DAMAGES, INCLUDING ANY DAMAGES FOR BUSINESS INTERRUPTION, LOSS OF USE, DATA, REVENUE OR PROFIT, WHETHER ARISING OUT OF BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE) OR OTHERWISE, REGARDLESS OF WHETHER SUCH DAMAGES WERE FORESEEABLE AND WHETHER OR NOT PRODUCER WAS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

(ii)    Maximum Liability.  IN NO EVENT SHALL THE FOUNDATION’S AGGREGATE LIABILITY ARISING OUT OF OR RELATED TO THIS AGREEMENT, WHETHER ARISING OUT OF OR RELATED TO BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE) OR OTHERWISE, EXCEED THE TOTAL AMOUNT PAID TO THE PRODUCER PURSUANT TO THIS AGREEMENT IN THE 3 MONTH PERIOD PRECEDING THE EVENT GIVING RISE TO THE CLAIM OR $[●], WHICHEVER IS LESS.  THE FOREGOING LIMITATIONS SHALL APPLY EVEN IF THE PRODUCER’S REMEDIES UNDER THIS AGREEMENT FAIL OF THEIR ESSENTIAL PURPOSE.

9.       Miscellaneous

9.1   Notices.  All notices, requests, consents, claims, demands, waivers, and other communications hereunder (each, a "Notice") shall be in writing and addressed to the Parties at the following addresses (or to such other address that may be designated by the receiving party from time to time in accordance with this section).

All Notices shall be delivered by personal delivery, nationally recognized overnight courier (with all fees pre-paid), facsimile, or e-mail of a PDF document (with confirmation of transmission), or certified or registered mail (in each case, return receipt requested, postage pre-paid).  Except as otherwise provided in this Agreement, a Notice is effective only (a) upon receipt by the receiving Party, and (b) if the Party giving the Notice has complied with the requirements of this Section.

9.2   Severability.  If any term or provision of this Agreement is invalid, illegal, or unenforceable in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any other jurisdiction.  Upon such determination that any term or other provision is invalid, illegal, or unenforceable, the Parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the greatest extent possible.

9.3   Entire Agreement.  This Agreement constitutes the sole and entire agreement of the Parties to this Agreement with respect to the subject matter contained herein, and supersedes all prior and contemporaneous understandings, agreements, representations, and warranties, both written and oral, with respect to such subject matter.

9.4   Amendment; Waiver.  This Agreement may only be amended, modified or supplemented by an agreement in writing signed by each Party hereto.  No waiver by any Party of any of the provisions hereof shall be effective unless explicitly set forth in writing and signed by the Party so waiving.  No waiver by any Party shall operate or be construed as a waiver in respect of any failure, breach, or default not expressly identified by such written waiver, whether of a similar or different character, and whether occurring before or after that waiver.  No failure to exercise, or delay in exercising, any right, remedy, power, or privilege arising from this Agreement shall operate or be construed as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power, or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power, or privilege.

9.5   Cumulative Remedies.  The rights and remedies under this Agreement are cumulative and are in addition to and not in substitution for any other rights and remedies available at law or in equity or otherwise.

9.6   Equitable Remedies.  The Parties agree that irreparable damage would occur if any provision of this Agreement is not performed in accordance with the terms hereof and that the Parties shall be entitled to seek equitable relief, including injunctive relief or specific performance of the terms hereof, in addition to any other remedy to which they are entitled at law or in equity.

9.7   Assignment.  Neither Party may assign any of its rights hereunder without the prior written consent of the other party, which consent shall not be unreasonably withheld or delayed; provided, however, that either Party may transfer or assign this Agreement in whole (but not in part) without such consent (i) to any affiliate of such Party or (ii) in connection with a sale of all or substantially all of such party’s assets or business.  Any purported assignment in violation of this Section shall be null and void.  No assignment shall relieve the assigning Party of any of its obligations hereunder.

9.8   Successors and Assigns.   This Agreement shall be binding upon and shall inure to the benefit of the Parties hereto and their respective permitted successors and permitted assigns.

9.9   No Third-Party Beneficiaries.  This Agreement is for the sole benefit of the Parties hereto and their respective successors and permitted assigns and nothing herein, express or implied, is intended to or shall confer upon any other person or entity any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement.

9.10                       Governing Law.  All matters arising out of or relating to this Agreement shall be governed by and construed in accordance with the internal laws of the State of [Washington] without giving effect to any choice or conflict of law provision or rule (whether of the State of [Washington] or any other jurisdiction).

9.11  Waiver of Jury Trial.  Each Party acknowledges and agrees that any controversy that may arise under this Agreement is likely to involve complicated and difficult issues and, therefore, each such party irrevocably and unconditionally waives any right it may have to a trial by jury in respect of any legal action arising out of or relating to this Agreement or the transactions contemplated hereby.  Each Party to this Agreement certifies and acknowledges that (a) no representative of any other Party has represented, expressly or otherwise, that such other Party would not seek to enforce the foregoing waiver in the event of a legal action, (b) such Party has considered the implications of this waiver, (c) such Party makes this waiver voluntarily, and (d) such Party has been induced to enter into this Agreement by, among other things, the mutual waivers and certifications in this Section.

9.12  Jurisdiction; Arbitration

(i)      The Foundation and Producer each agree that the sole and exclusive forum and remedy for any and all disputes and claims arising out of or relating in any manner to this Agreement will be final and binding arbitration, except that neither party will be required to arbitrate any disputes or claims that allege that the other party infringed upon or violated or threatened to infringe upon or violate any patent, copyright, trademark, trade name, trade secret or other intellectual property rights.

(ii)    The Parties will attempt informal resolution prior to any demand for arbitration and that arbitration will be conducted confidentially by a single arbitrator in accordance with the rules of JAMS.  The state or federal courts in the state of Washington, King County, have exclusive jurisdiction over any appeals of an arbitration award and over any suit between the parties not subject to arbitration.  Service of process, summons, notice or other document by certified mail to such Party's address set forth herein shall be effective service of process for any suit, action or other proceeding brought in any such court. The Parties irrevocably and unconditionally waive any objection to the laying of venue of any suit, action or proceeding in such courts and irrevocably waive and agree not to plead or claim in any such court that any such suit, action or proceeding brought in any such court has been brought in an inconvenient forum.  Other than class procedures and remedies discussed below, the arbitrator has the authority to grant any remedy that would otherwise be available in court.  The arbitrator's award will be binding and may be entered as a judgment in any court of competent jurisdiction.  Other than class procedures and remedies discussed below, the arbitrator has the authority to grant any remedy that would otherwise be available in court.

(iii)  To the fullest extent permitted by applicable law, NO ARBITRATION OR CLAIM UNDER THIS AGREEMENT WILL BE JOINED TO ANY OTHER ARBITRATION OR CLAIM, INCLUDING ANY ARBITRATION OR CLAIM INVOLVING ANY OTHER CURRENT OR FORMER PARTICIPANT IN THE GREENCOIN PROGRAM, AND NO CLASS ACTION, CLASS ARBITRATION OR SIMILAR PROCEEDINGS OF ANY KIND WILL BE PERMITTED.

9.13  Counterparts.  This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall be deemed to be one and the same agreement.  A signed copy of this Agreement delivered by facsimile, e-mail, or other means of electronic transmission shall be deemed to have the same legal effect as delivery of an original signed copy of this Agreement.

9.14  Force Majeure.  No Party shall be liable or responsible to the other party, nor be deemed to have defaulted under or breached this Agreement, for any failure or delay in fulfilling or performing any term of this Agreement, when and to the extent such failure or delay is caused by or results from acts beyond the affected party's reasonable control, including, without limitation: (a) acts of God; (b) flood, fire, earthquake or explosion; (c) war, invasion, hostilities (whether war is declared or not), terrorist threats or acts, riot or other civil unrest; (d) government order or law; (e) actions, embargoes or blockades in effect on or after the date of this Agreement; (f) action by any governmental authority; (g) national or regional emergency; (h) strikes, labor stoppages or slowdowns, or other industrial disturbances; and (i) shortage of adequate power or transportation facilities (each, a “Force Majeure Event”).  The party suffering a Force Majeure Event shall give notice to the other party, stating the period of time the occurrence is expected to continue and shall use diligent efforts to end the failure or delay and ensure the effects of such Force Majeure Event are minimized.

9.15  Relationship of the Parties.  Nothing herein shall be construed to create a joint venture or partnership between the Parties hereto or an employee/employer relationship.  Neither party hereto shall have any express or implied right or authority to assume or create any obligations on behalf of or in the name of the other Party or to bind the other Party to any contract, agreement or undertaking with any third party.

9.16  Survival.  Sections 3.3, 3.4, 4, 5, 6, 7.3, 8, 9.3, 9.5, 9.6, 9.9, 9.10, 9.11, 9.12, and 9.15 shall survive the termination or expiration of this Agreement.