You agree to be legally bound by all of the terms of this Service Agreement.

This is an agreement between you ('Publisher') and Patent Data Systems Ltd ('Patentdata').

If you are entering into this agreement on behalf of an organization, you confirm that you have the authority to bind the organization and that the organization will be bound by these terms, and the term 'Publisher' shall then refer to you and your organization.

Patentdata has developed data units that contain graphic images with related text advertisements, known as 'NewIdea Daily™ Units'.

Patentdata wishes to rent space on Publisher’s web pages wherein Patentdata’s data units will be displayed. Patentdata will provide the code to Publisher that will enable the feed of the data units to the rented space on Publisher’s web pages.

Publisher agrees to rent Patentdata space on Publisher’s web pages on the terms contained in this Service Agreement.

1. Key Restrictions

Except as permitted herein, no other use, copying, display or distribution, in any form, of Patentdata's data unit, in whole or in part, is permitted without the prior written consent of Patentdata. Publisher shall not modify, edit, change or alter in any manner Patentdata's data unit, or create any derivative works there from, including translation of the information.

2. Fee

2.1 Publisher shall select the space and web pages on which Patentdata can display its data units.

2.2 Patentdata will pay a fee to Publisher for the space provided by Publisher.

2.3 The fee is calculated as a cost per thousand (CPM) unit impressions and will equate to 74% of revenue earned per thousand impressions (eCPM) by Patentdata from Google.

2.4 Patentdata will pay the fee to Publisher on a monthly basis by way of a check.

2.5 The default minimum check amount is US$ 50. If Publisher's monthly fee is less than the default minimum, the fee automatically rolls over to the following month.

3. Intellectual Property

All rights with respect to Patentdata's data unit, including, without limitation, all copyright, trademark and database rights, shall remain the sole property of Patentdata.

4. Termination

Either party may terminate this Agreement on 30 (thirty) day's written notice by e-mail to the other party.

5. Severability

Should part of this Agreement be invalid, illegal, or unenforceable in any respect for any reason, the remaining portions survive. Delay or failure by either party in enforcing this Agreement at any time will not constitute a waiver by the party of its rights or remedies.

6. Force majeure

This Agreement may be suspended or terminated due to events beyond the control of either party.

7. Entire Agreement

This Agreement represents the entire agreement between Publisher and Patentdata. No modification, amendment or waiver of any provision of this Agreement shall be made by either party except by a written agreement signed by both parties.

8. Governing Law

This Agreement shall be construed in accordance with the laws of the jurisdiction of the Isle of Man, British Isles, where Patentdata has its headquarters, without giving effect to any conflicts of laws principles.