Non-circumvention Agreement
By accessing all or any part of the website (the “Site”) operated by Lampert Debt Xchange (“LDX”) and the use of any of the services provided on this Site, you agree to be bound by all the terms and conditions of the this Agreement set forth below. This agreement is incorporated by reference in to the LDX Site User Agreement (the “User Agreement”) and any Listing Agreement between LDX and any user.
Each of the Site users agrees not to contact, initiate contact, or attempt to engage in a transaction with, at any time for any purpose, either directly or indirectly, any other user, its officers, directors, managers, employees, shareholders, members, agents or affiliates, with respect to any securities listed on the Site, for the purpose of circumventing, avoiding, bypassing the rights of LDX under any User Agreement or Listing Agreement in connection with any potential transaction in securities listed on the Site, the result of which shall be to prevent LDX or its affiliates from receiving any fees, costs or expenses otherwise owed to LDX arising out of a Listing Agreement. Additionally each user agrees that it will not attempt to do business with or seek to engage in any potential transaction involving securities listed on the Site, at any time for any purpose, without involving LDX or its affiliates or interfere with, solicit, disrupt or attempt to disrupt any then business or contractual relationship between LDX and another user.
The obligations of non-circumvention shall survive for a period of two (2) years from the last day of the listing of the securities on the Site.
The obligations of the users under this Agreement shall not be affected by any termination of a user’s Account or suspension of listing.
No user has an obligation under this agreement to purchase or sell any listed on the Site (or formerly listed security.
Each user acknowledges that if it breaches any of its obligations under this agreement, it will cause damage of an irreparable and continuing nature to LDX and its affiliates, for which money damages alone will not provide adequate relief. Therefore, in addition to all appropriate money damages, LDX and its affiliates is entitled to obtain injunctive relief to prohibit a user or users continuing breach of this agreement.