User Handbook USB Licence Agreement – September 2013 The User Handbook USB Licence entitles your company to receive on USB stick the latest available snapshot of the User Handbook. SWIFT intends to make a new snapshot available at each major release in the area of Standards, SWIFTNet and Alliance. See http://www.swift.com/ for more information about planned snapshots. Between 2 snapshots, the latest available version of the User Handbook can be consulted online on http://www.swift.com/. The present agreement (the “Agreement”) governs the provision and use of the User Handbook provided to the Customer on a USB stick. 1. Parties The User Handbook on USB is developed and commercialised by the Society for Worldwide Interbank Financial Telecommunication SCRL ("SWIFT"). The customer is the SWIFT user, partner, service bureau or other organisation whose subscription to the User Handbook USB Licence has been accepted by SWIFT (the "Customer"). The User Handbook USB Licence is not available to individual consumers. 2. Delivery Delivery occurs on a USB. The Customer is responsible for procuring appropriate hardware, software and other equipment, facilities or services to access and use the User Handbook on USB. 3. Allowed use The Customer may (or may authorize at its own risk and under its sole responsibility Affiliated Customers to) download the User Handbook available on USB on one or more computers and servers for consultation by an unlimited number of staff members or other persons under the responsibility of the Customer or Affiliated Customers worldwide. Customers that are Member–Concentrators may make the User Handbook USB available to their serviced SWIFT users, whether by remote online access or in copy, for consultation by an unlimited number of staff members or other persons under the responsibility of their serviced SWIFT users worldwide, without additional fee to the Member–Concentrators or their serviced SWIFT users. When Member-Concentrators choose not to subscribe to a User Handbook USB licence, SWIFT will charge the User Handbook Online fees to their serviced SWIFT users. Any consultation of the User Handbook on USB as allowed under this section shall be subject to any proprietary rights and other legal notices appearing in the User Handbook on USB. For the purposes of this Agreement, "Affiliated Customers" means any affiliated company of the Customer that is also registered with SWIFT as a SWIFT user, partner or service bureau (typically, other SWIFT users registered in the same group of affiliated users as the Customer for traffic aggregation purposes). To be considered as an affiliated company, the company must majority–own and control, be majority–owned and controlled by, or be majority–owned and controlled by the same entity as the Customer. The Customer may make copies of the User Handbook USB as are reasonably necessary for the allowed use, or for back–up and disaster recovery purposes. Any such copy shall include all proprietary rights and other legal notices appearing in the User Handbook USB supplied by SWIFT. 4. No other uses Except to the extent expressly permitted under Article 3, the Customer may not, nor authorize others to: translate, enhance or otherwise modify any parts of the User Handbook USB, including remove, alter, cover, obscure or cancel from view any proprietary rights and other legal notices appearing in the User Handbook USB; copy or otherwise reproduce the User Handbook USB; rent, lease, sell, sub–license, distribute to or allow access to or otherwise provide or transfer the User Handbook USB to third parties. 5. Price The Customer must pay to SWIFT all charges and fees applicable to it for the subscription to the User Handbook USB Licence. These charges and fees are as notified by SWIFT to the Customer from time to time (typically, in the then current version of the SWIFT Price List). Equally, the terms and conditions relating to invoicing by SWIFT and payment by the Customer are as notified by SWIFT to the Customer from time to time (typically, in the then current version of the SWIFT Price List). 6. Intellectual Property All rights in the User Handbook USB, including copyright and any other intellectual property rights of whatever nature, are and remain vested with SWIFT or its licensors. The Standards contained in the User Handbook USB are further licensed subject to the SWIFT Standards IPR policy – end user licence agreement, available at http://www.swift.com/ > About SWIFT > Legal 7. SWIFT Liability SWIFT’s sole responsibility under this Agreement shall be to provide the User Handbook USB to the Customer. SWIFT’s maximum aggregate liability for any losses or damages in connection with this Agreement shall in no event exceed the amount of the fees and charges paid by the Customer for the year in which the Customer has incurred or sustained such losses or damages. In all cases, SWIFT shall not be liable to the Customer for any indirect, special or consequential losses or damages even if SWIFT has been advised of the possibility thereof. 8. Duration The Customer subscribes to the User Handbook USB Licence on a calendar year basis. Unless terminated in accordance with the terms of this Article, a standing User Handbook USB Licence will automatically be renewed for another calendar year. The Customer may terminate the User Handbook USB Licence by serving a termination notice to SWIFT through SWIFT’s ordering service on http://www.swift.com/ before December 1, of each year. SWIFT may terminate the User Handbook USB Licence for convenience at any time upon three (3) months prior written notice to the Customer. SWIFT may also terminate the User Handbook USB Licence with immediate effect upon written notice to the Customer if: the Customer ceases to be a SWIFT user, partner or service bureau (as the case may be); the Customer (or an Affiliated Customer or other person specified in para 2 of clause 3 above) breaches the allowed use of the User Handbook USB; or the Customer (or an Affiliated Customer) fails to comply with a written notice to remedy any other breach of the terms of this Agreement within thirty (30) calendar days. Upon termination of the User Handbook USB Licence for any reason whatsoever, the Customer (and all Affiliated Customers) shall immediately stop (and cause any Affiliated Customers to immediately stop) any download or other use of the User Handbook USB. 9. General provisions This Agreement constitutes the entire agreement between the Customer and SWIFT as regards the provision and use of the User Handbook USB, superseding any other oral or written agreements regarding the same subject matter. The User Handbook USB Licence is personal, and the Customer (or any Affiliated Customer) may not assign its rights or obligations under this Agreement to any third party without the prior written permission of SWIFT. This Agreement is governed by Belgian law, and Customer and SWIFT agree to submit to the exclusive jurisdiction of the Brussels' courts (Belgium).