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This Agreement governs access to our Internet website, naturalgasintel.com (the “Site”), or use of files and/or data and news transmitted by us via electronic mail (collectively, our “Content”). This Agreement is between the publisher of Natural Gas Intelligence services, Intelligence Press, Inc. (“NGI,” “we,” “us” or “our”) and you, the person accessing our Content (“you” or “your”) and, if accessing our Content in connection with work performed for your employer, your employer (collectively, “User”). If you are not accessing our Content in connection with work performed for your employer, “User” as used below simply refers to you individually.

DISCLAIMERS, LIMITATION OF WARRANTY, AND LIABILITY: Our Content is intended as a professional reference tool. You are responsible for using professional judgment and for confirming and interpreting the data reported in our Content before using or relying on such information. We anticipate that the Site will be available for access 24 hours per day throughout the year and we agree to make every reasonable effort to resolve promptly any disruption of access or other error in connection with the Site. OUR CONTENT IS PROVIDED “AS IS” AND WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR YOUR PARTICULAR PURPOSE. Although we believe our Content to be complete and accurate as described therein, we make no representations regarding completeness or accuracy. We will not be liable to User for any damage or loss of any kind arising out of or resulting from access or lack of access to or use of our Content, including but not limited to your reliance on it, errors in the data it contains, and data loss or corruption, regardless of whether such liability is based in tort, contract or otherwise. If the foregoing limitation is held to be unenforceable, our maximum liability shall not exceed the amount of the license fees you have paid to us under this Agreement. The remedies available to User against us under this Agreement are exclusive.

LICENSE In return for User’s compliance with all of the terms of this Agreement (including, if you are a paying subscriber, payment of the applicable subscription fee), and subject to all of the limitations noted above and below, we hereby grant to you a limited, nonexclusive, nontransferable license to access and display on your personal computer monitor(s) our Content solely for your personal use.

SCOPE OF YOUR LICENSE Access Limited to You: User agrees that under no circumstances may you permit any other person or entity, including your fellow employees or employer, to access the password-protected areas of the Site or other nonpublic Content without authorization, including (a) by allowing anyone else besides you to use your username and password for the purpose of accessing the Site, (b) by using your username and password to access the Site for another person, or (c) transmitting and/or sharing Content that has been sent to you by electronic mail. You are solely responsible for maintaining the confidentiality of your username and password. You may access the Site from any computer that you are personally using, in any location. User may not use any information and/or data (including, but not limited to, price information) contained in any of our publications in connection with the creation, marketing, trading, clearing, or settlement of financial products or financial contracts as a third party to the relevant transaction such as, for example, futures contracts, options contracts, and Over the Counter (OTC) swaps. We shall consider any use of such information and/or data by User, or any other person or entity at Subscriber’s request or direction, a material breach of this Agreement thereby entitling us to terminate the Agreement immediately, without providing notice or a refund of monies paid to date. Limitations on Printing and Downloading: User may not copy (photostatically, electronically, or via facsimile) an entire issue of any of our publications or one or more data series. Unless you have purchased an “NGI Data Feed” which allows you to download a tab-separated data file, you may not systematically extract a data series, either manually or electronically, nor may you distribute copies and/or extracted data to individuals or entities, or databases including a subsidiary or parent corporation of your employer.) This prohibition includes the manual entry of a single price or price series into any manner of database, settlement, or trade capture system.

YOUR SECURITY OBLIGATIONS: In the event that User has reason to believe that someone has obtained unauthorized access to our Content, User agrees (i) to notify us within 30 days of all information in User’s possession regarding such potential unauthorized access, (ii) to take reasonable action to resolve the unauthorized access, and (iii) to cooperate with us in resolving the unauthorized access. We will not hold User liable for unauthorized access if User complies with this paragraph unless User has willfully breached the limitations of this license.

LENGTH OF YOUR LICENSE: Your license will continue as long as you are accessing Content, provided that User complies with the terms and conditions of this Agreement. We may terminate your license and restrict, suspend or terminate your access to our Content for any reason or no reason effective upon written notice to you if we tender a prorated refund of any fees you have paid for the license. If User has violated this Agreement (for example, by providing access to our Content to unauthorized persons,) we may terminate your license immediately without notice and we will not be obligated to provide a refund to you. The occurrence of any one (1) or more of the following events shall constitute a material breach and shall cause User to be in immediate default of this Agreement, regardless of notice by us: (a) the making by User of any general arrangement or any assignment to or for the benefit of any creditors, (b) the filing by or against User of a petition with a court of competent jurisdiction to have User adjudged bankrupt, or a petition under any law relating to bankruptcy seeking the adjustment, composition, postponement, reduction or reorganization of its obligations (unless, in the case of a petition filed against User, such possession of User’s interest in this Agreement, (d) the attachment, execution, other judicial seizure and/or sale of User’s interest in this Agreement, or (e) any change in the control of User, including but not limited to, a sale or other distribution of fifty percent (50%) or more of the outstanding shares of stock of User, the direct or indirect sale, redemption or other transfer of fifty percent (50%) or more of the voting equity interests in User, or the acquisition of a fifty percent (50%) or more voting equity interest in User. If any of the events of default listed above in (a) through (e) occurs, the License granted herein shall be immediately terminated, regardless of the date of such event of default.

ASSIGNMENT OF AGREEMENT: This Agreement shall not be assignable by User without our prior written consent. Any attempted assignment without such consent will affect immediate termination of this Agreement and the rights granted herein. The restrictions on assignment shall also apply to: (1) any assignment that occurs by operation of law (including by reason of merger, consolidation, reorganization, transfer or other change in or of User’s formal structure;) (2) any assignment to or by a receiver or trustee in any federal or state bankruptcy, insolvency or other proceedings (including any assignment made in accordance with 11 U.S.C. § 365(c)); (3) the sale, assignment or transfer of all or substantially all of the assets of User, with or without specific assignment of this Agreement or one or more of the rights granted herein; and, (4) the direct or indirect sale, redemption or other transfer of fifty percent (50%) or more of the voting equity interests in User, or the acquisition of a fifty percent (50%) or more voting equity interest in User.

CANCELLING YOUR SUBSCRIPTION:

Monthly Subscriptions

When canceling a monthly subscription, all future charges associated with future months of your subscription will be canceled. You may cancel your subscription at any time by going to your ‘My Account’ page and clicking ‘Manage online purchases’; your cancellation will become effective at the end of your current monthly billing period. You will not receive a refund; however your subscription access and/or delivery and accompanying subscriber benefits will continue for the remainder of the current monthly billing period.

Annual Subscriptions

When canceling an annual subscription, all future charges associated with future years of your subscription will be canceled. Annual subscriptions purchased online may be cancelled at any time by going to your ‘My Account’ page and clicking ‘Manage Online Purchases’; your cancellation will become effective at the end of your current annual billing period. You will not receive a refund, prorated or otherwise, for the remainder of the annual term. However, your subscription access and/or delivery and accompanying subscriber benefits will continue for the remainder of the current annual billing period.

We reserve the right to issue refunds or credits at our sole discretion. If we do issue a refund or credit, we are under no obligation to issue the same or similar refund in the future.

From time to time, we offer introductory pricing at a reduced rate for a specified period of time (“Introductory Offers”). For all Introductory Offers, we will require you to provide payment details to start a subscription to NaturalGasIntel.com. By providing such details you agree that we will automatically charge the full price of the paid subscription on the first day following the end of the Introductory Offer on a recurring monthly basis or another interval that we disclose to you in advance.

If you need assistance with canceling your order, please email us at: subscriptions@naturalgasintel.com

REPRESENTATIONS/APPLICATION OF AGREEMENT: If you are accessing our Content in connection with work performed for your employer, you represent and warrant that you have authority to enter into this agreement on behalf of your employer. If User is accessing our Content as part of a free trial, User agrees to be bound by this agreement both during the free trial and during any subscription subsequently purchased from us.

RESOLUTION OF DISPUTES: User agrees that any dispute arising from, relating to, or in any manner connected with this Agreement shall be construed under and resolved in accordance with the laws of the State of Virginia, exclusive of its choice of law principles. Any such dispute shall be litigated only in the state or federal courts of Virginia, to the personal jurisdiction of which User hereby irrevocably consents. User agrees that the remedy for any breach of this agreement by exceeding the scope of the license granted hereunder shall be an award of damages equivalent to the statutory damages recoverable under the United States Copyright Act, 17 U.S.C. § 501 et seq. (the “Act”), regardless of whether our Content is protected by the Act or has been timely and/or properly registered under the Act, and regardless of whether User is located in the United States.

USER AS SUBLICENSEE: User understands and agrees that NGI has licensed some of the rights granted to User by this Agreement from other entities, and those entities are third-party beneficiaries of this Agreement.

FOREIGN USERS: We make no representation that our Content is appropriate or available for use in locations outside of the United States, its territories, and possessions. If you use our Content from other locations, you are responsible for compliance with applicable local laws.

MODIFICATIONS: We may modify this Agreement and any policies affecting the Site effective immediately upon notice to you posted to the “User Agreement” and/or “Terms and Conditions” area of our Site or distributed via electronic mail or conventional mail. Your continued use of our Content following notice of any modification to this Agreement shall be conclusively deemed an acceptance of all such modification(s).