Legal Terms & Usage

1. License Grant

Ornn AI, Inc. ("Licensor") grants you ("Licensee") a non-exclusive, non-transferable, non-sublicensable, limited license to access the Ornn Compute Price Indices (OCPIs) as a streamed price feed, subject to the terms in this Agreement.

You will have access only to the index values (defined as the real-time price data points provided via the API feed) and not to any underlying data, methodologies, algorithms, or proprietary processes used to calculate or compile the OCPIs.

2. Usage Restrictions and Attribution

• You must reference Ornn's corporate name and logo (choose one of: "Ornn", "Ornn.ai", "Ornn.trade", "Ornn Compute", or "Ornn Compute Exchange") when presenting or discussing data obtained from our services.
• You may not copy, distribute, relicense, sublicense, transfer, publish, or otherwise redistribute the index or price stream, in whole or in part, to any third party in any form.
• You may not modify, create derivative works from, reverse engineer, or decompile the index.
• You may record or store price data from the API feed for internal use. However, you may not share, publish, sell, or otherwise distribute such recorded data to generate revenue or commercial advantage.
• You are solely responsible and liable for any unauthorized sharing or monetization of data, whether by you or any third party who gains access through your credentials or systems.

3. Commercialization Restrictions

You may not exploit the index directly or indirectly for profit or commercial purposes without explicit prior written consent from Licensor. Any monetization, sale, or use for generating revenues is prohibited.

If you receive any grants, venture capital funding, investment, or other financial support that results from or is substantially attributable to the use of the OCPIs, you must disclose such funding to Licensor in writing within thirty (30) days of receipt. Failure to disclose may result in termination of your license and Licensor reserves the right to pursue all available legal remedies.

4. Intellectual Property

All rights, title, and interest in and to OCPIs, and any trademarks, logos, or other proprietary materials of Ornn AI, Inc., are and shall remain the sole property of Licensor. You acquire no ownership rights under this Agreement.

5. Termination

Licensor may terminate your access immediately if you breach any term of this Agreement. Upon termination, you must immediately:

• Cease all use of the index and any data obtained through the API feed
• Delete or destroy all copies of index data in your possession or control
• Certify in writing to Licensor, within five (5) business days of termination, that all such data has been deleted or destroyed

6. Confidentiality

You agree to treat the index stream and all associated data as confidential proprietary information and not disclose it except as expressly permitted. You must take reasonable measures to prevent unauthorized access to or copying of the data.

7. Limitation of Liability

Licensor provides the index stream "AS IS" and disclaims all warranties, express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, and non-infringement. Licensor shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising from your use of the index, even if advised of the possibility of such damages.

8. Governing Law and Jurisdiction

This Agreement is governed by and construed under the laws of the State of New York, without regard to its conflicts of law principles. The parties irrevocably consent to the exclusive jurisdiction and venue of the state and federal courts located in New York County, New York, for any dispute arising out of or relating to this Agreement.

9. Miscellaneous

No waiver, amendment, or modification of this Agreement will be effective unless in writing and signed by both parties. This Agreement constitutes the entire agreement and supersedes all prior agreements, understandings, and communications, whether written or oral, relating to the subject matter hereof. If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.