LYNQ
Terms Of Use

Effective: February 2025

Digital Asset Settlement Network LLC and its subsidiaries (“DASN”) and Tassat Group Inc. and its subsidiaries (“Tassat”, and together with DASN, “we,” “us,” or “our”). We invite you to access on behalf of your employer Tassat’s proprietary settlement platform (the “Platform”) and the services we provide through the Platform (the “Services”), subject to the following Terms of Use (the “Terms of Use”) and our Privacy Policy (“Privacy Policy”), which is incorporated herein and made a part hereof by this reference (collectively, the “Agreement”). The Agreement may be updated by us from time to time without notice to you.

By browsing, accessing, or using the Platform and by accessing and using our Services on behalf of your employer, you acknowledge that you have read, understood, and agree to be legally bound by the Agreement. IF YOU DO NOT AGREE TO ANY OF THE TERMS OF THE AGREEMENT, THEN PLEASE DO NOT ACCESS OR USE THE PLATFORM AND/OR THE SERVICES.

We reserve the right, at our sole discretion, to modify, discontinue, or terminate the availability of the Platform and/or the Services, or to modify the Agreement, at any time and without prior notice. If we modify the Agreement, we will post the modification on the Platform. By continuing to access or use the Platform and/or the Services after we have posted a modification on the Platform or have provided you with notice of a modification, you are indicating that you agree to be bound by the modified Agreement. If the modified Agreement is not acceptable to you, your only recourse is to cease using the Platform and/or the Services.

We provide access to and use of our Platform on a subscription basis, subject to the terms and conditions of the agreement (the “Master Subscription Agreement”) between DASN and the institution at which you are employed or on whose behalf you will be accessing the Platform or Services (“Subscribers”). If there is a conflict between these Terms of Use and terms and conditions of the Master Subscription Agreement, the terms and conditions of the Master Subscription Agreement will take precedence.

By accessing or using the Services, you represent and warrant to us that: (i) you are of legal age to form a binding contract, (ii) if you accept or agree to the Agreement on behalf of a company or other legal entity, you represent and warrant that you have the authority to bind that company or other legal entity to the Agreement and, in such event, “you” and “your” will refer and apply to that company or other legal entity, (iii) you also certify that you are legally permitted to use and access the Services and take full responsibility for the selection and use of and access to the Platform and Services. These Terms of Use are void where prohibited by law, and the right to access the Services is revoked in such jurisdictions.

Capitalized terms not defined in these Terms of Use shall have the meaning set forth in our Privacy Policy or your Master Subscription Agreement with DASN, as applicable.

DESCRIPTION AND USE OF THE SERVICES AND PLATFORM

Services. We provide certain subscriptions to our Services via the Platform, which provides Subscribers with settlement functionality using yield-bearing tokenized instruments.

Platform. We provide access to the Platform as described below.

Subscriber-Employees. Subscriber-Employees are required to register and log-in to the Platform for access and use thereof. Subscriber-Employees have administrative access to our Platform and Services. As noted above, Subscribers’ access to and use of our Platform and Services is governed by the Master Subscription Agreement.

Platform End-Users. Subscriber customers are deemed to be “Platform End-Users.” Platform End- Users are subject to the terms, conditions and privacy policies of the Subscriber and not DASN or Tassat. Each Subscriber is responsible for any issues or questions relating to its Platform End-Users and not DASN or Tassat.

Accounts. If you register an account on the Platform as a Subscriber-Employee your use of the Platform may require you to establish a username (“Platform User ID”) and password and you may be requested to provide certain additional information that will assist in authenticating your identity when you log-in in the future (collectively, “Login Credentials”). You may not transfer your account to anyone else without our prior written permission. When creating your account, you must provide true, accurate, current, and complete information about yourself and/or the business that you represent. Each Subscriber-Employee is responsible for the activity under their account. Each Platform User ID and corresponding password can be used by only one individual. You are responsible for maintaining the confidentiality of your account Login Credentials. You agree that you will be responsible for maintaining your password as confidential and for any activity that occurs on your account as a result of you sharing your password with another or failing to protect it. We are not responsible for any loss or damage arising from your failure to maintain the confidentiality of your password. You agree to immediately notify us of any unauthorized use or suspected unauthorized use of your account or any other breach of security. We reserve the right to delete or change your Login Credentials at any time and for any reason and shall have no liability to you for any loss or damage caused by such action.

GUIDELINES

By using the Platform or Services as a Subscriber-Employee, you agree to comply with these user guidelines (the “Guidelines”) and you agree that:

You will comply with all applicable laws in your use of the Services or the Platform and will not use the Services or the Platform for any unlawful purpose;
You will not access or use the Services or the Platform to collect any market research for a competing business;
You will not impersonate any person or entity or falsely state or otherwise misrepresent your affiliation with a person or entity;
You will not interfere with, or attempt to interrupt the proper operation of, the Services or the Platform through the use of any virus, device, information collection or transmission mechanism, software or routine, or access or attempt to gain access to any content, data, files, or passwords related to the Services or the Platform through hacking, password or data mining, or any other means;
You will not cover, obscure, block, or in any way interfere with any advertisements and/or safety features on the Services or the Platform;
You will not use any robot, spider, scraper, or other automated means to access the Services or the Platform for any purpose without our express written permission;
You will not take any action that imposes or may impose (in our sole discretion) an unreasonable or disproportionately large load on our technical infrastructure;
You will not resell, distribute, or sublicense the Services or the Platform or use it for the benefit of anyone other than you or your business;
You will not remove or modify any proprietary markings or restrictive legends placed on the Services or the Platform; and
You will not introduce, post, or upload to the Services or the Platform any Harmful Code. As used herein, “Harmful Code” means computer code, programs, or programming devices that are intentionally designed to disrupt, modify, access, delete, damage, deactivate, disable, harm, or otherwise impede in any manner, including aesthetic disruptions or distortions, the operation of the Platform or the Services, or any other associated software, firmware, hardware, computer system, or network (including, without limitation, “Trojan horses,” “viruses,” “worms,” “time bombs,” “time locks,” “devices,” “traps,” “access codes,” or “drop dead” or “trap door” devices) or any other harmful, malicious, or hidden procedures, routines or mechanisms that would cause the Services or the Platform to cease functioning or to damage or corrupt data, storage media, programs, equipment, or communications, or otherwise interfere with the operations of the Services or the Platform.

TERMINATION AND SUSPENSION OF SERVICE

If you breach any of these Terms of Use, we will have the right to suspend, disable or terminate your access to the Services in its sole discretion and without prior notice to you. We reserve the right, at any time, to modify, suspend, or discontinue the Platform or Services or any part thereof with or without notice. You agree that we will not be liable to you or to any third party for any modification, suspension, or discontinuance of the Services or Platform or any part thereof. In the event we terminate or suspend your use of the Services for your breach, you will remain liable for any and all amounts due hereunder. You are free to stop using the Platform and Services at any time.

FEEDBACK

Although we encourage you to e-mail us, you should not and we do not want you to e-mail us any content that contains confidential information. With respect to all e-mails and communications you send to us, including, but not limited to, feedback, questions, comments, suggestions, and the like, we shall be free to use any ideas, concepts, know-how, or techniques contained in your communications for any purpose whatsoever, including but not limited to, the development, production, and marketing of products and services that incorporate such information without compensation or attribution to you.

EXTERNAL SITES

The Platform may contain links to third-party websites and through our Services you may access links to third-party websites (“External Sites”). These links are provided solely as a convenience to you and not as an endorsement by us of the content on such External Sites. The content of such External Sites is developed and provided by others. You should contact the site administrator or webmaster for those External Sites if you have any concerns regarding such links or any content located on such External Sites. We are not responsible for the content of any linked External Sites and do not make any representations regarding the content or accuracy of materials on such External Sites. You should take precautions when downloading files from all websites to protect your computer from viruses and other destructive programs. If you decide to access linked External Sites, you do so at your own risk.

COMPLIANCE WITH APPLICABLE LAWS

The Platform and the Services are based in the United States. We make no claims concerning whether the Platform may be viewed or be appropriate for use outside of the United States. If you access the Platform or the Services from outside of the United States, you do so at your own risk. Whether inside or outside of the United States, you are solely responsible for ensuring compliance with the laws of your specific jurisdiction.

CHANGES TO THESE TERMS

These Terms of Use are effective as of the date stated at the top of the Terms of Use. We may change these Terms of Use from time to time. Any such changes will be posted on the Platform. By accessing the Platform or the Services after we make any such changes to the Terms of Use, you are deemed to have accepted such changes. Please refer to these Terms of Use on a regular basis.

EQUITABLE RELIEF

You acknowledge and agree that in the event of a breach or threatened violation of our intellectual property rights and confidential and proprietary information by you, we will suffer irreparable harm and will therefore be entitled to injunctive relief to enforce this Agreement. We may, without waiving any other remedies under this Agreement, seek from any court having jurisdiction any interim, equitable, provisional, or injunctive relief that is necessary to protect our rights and property pending the outcome of the arbitration referenced above.

CONTROLLING LAW; EXCLUSIVE FORUM

The Agreement and any action related thereto will be governed by the laws of the State of New York, without regard to its conflicts of law provisions. You hereby irrevocably and unconditionally consent to the personal and subject matter jurisdiction of the federal and state courts in the State of New York, New York County, for purposes of any such action by us.

MISCELLANEOUS

If these Terms of Use are modified or Agreement is terminated in accordance with the Agreement, the following provisions of this Agreement, which shall remain in full force and effect: “Feedback,” “Compliance with Applicable Laws,” “Changes to These Terms,” “Controlling Law; Exclusive Forum,” and “Miscellaneous.”

Our failure to act on or enforce any provision of the Agreement shall not be construed as a waiver of that provision or any other provision in this Agreement. No waiver shall be effective against us unless made in writing, and no such waiver shall be construed as a waiver in any other or subsequent instance. If any provision of this Agreement is held invalid or unenforceable by any court of competent jurisdiction, the other provisions of this Agreement will remain in full force and effect, and, if legally permitted, such offending provision will be replaced with an enforceable provision that as nearly as possible effects our intent. The section headings are provided merely for convenience and shall not be given any legal import. This Agreement will inure to the benefit of our successors, assigns, licensees, and sublicensees.

LYNQTerms Of Use