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Qualified vLEI Issuer TrustMark Terms of Use of the
Global Legal Entity Identifier Foundation (GLEIF),
St. Alban-Vorstadt 5, 4052 Basel, Switzerland
Regarding the use of the Qualified vLEI Issuer TrustMark verifiable LEI (vLEI) Ecosystem Governance Framework v1.0 Page 2 of 4 VLEI Issuer Qualification Agreement Appendix 6 Qualified vLEI TrustMark Terms of Use Public Document Version 1.0 @ 2022-12-06_appendix-6-terms-of-use-qualified-vlei-issuer-trustmark_ 2022-12-06
v1.0_final.docx
1 Introduction
A GLEIF is a not-for-profit foundation incorporated by the Financial Stability Board under the laws of Switzerland.
B. GLEIF qualifies VLEI Issuers to receive Qualified vLEI Issuer Credentials and for vLEI Issuers to issue Legal Entity vLEI Credentials and Legal Entity Official Organizational Role VLElI Credentials to Legal Entities holding LEls having a LEI Entity Status of Active and a LEI Registration Status of Issued, Pending Transfer or Pending Archival in the Global LEI System.
I. Definitions "Qualified vLEI Issuer TrustMark and Logo" shall mean the trustmark and logo issued by GLEIF to Qualified vLEI Issuers "You", "your" or equivalent terms refer to you as a Qualified vLEI Issuer. "LEIs" shall mean one or many Legal Entity Identifiers issued by GLEIF and the LOUs. Il. Conditions of Use
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By using the Qualified vLEI Issuer TrustMark, you acknowledge that you do not have, and will not acquire, any intellectual property or other proprietary rights in the vLEls and that you do not, and will not, claim such rights.
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You agree that upon receiving vLEI Issuer Qualification that you promptly will display the Qualified vLEl Issuer TrustMark on your Qualified vLEI Issuer website. You also agree that you promptly will remove the vLEI Issuer TrustMark from your Qualified vLEI Issuer website should you fail to complete Annual vLEI Issuer Qualification or are otherwise terminated as a Qualified vLEl Issuer.
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You agree that you shall refrain from creating, in whatever way, the impression that data and/or services, except the services provided in accordance with Appendix 5 —Qualified VLEI Issuer Service Level Agreement (SLA), are provided or supported or authorized or granted or otherwise associated by or with GLEIF.
4, You further agree to refrain from any actions or statements which may mislead the public and/or your customers to believe that any products or services provided by you, except the services provided in accordance with Appendix 5 —Qualified vLEI Issuer Service Level Agreement (SLA), are services or products of GLEIF, or that you are part of, or in a special relationship to, GLEIF and/or the GLEIS.
- You agree that GLEIF may take any appropriate steps, including but not limited to court action and to preliminary injunctions, if you do not comply with these Terms of Use, and
verifiable LEI (vLEI) Ecosystem Governance Framework v1.0 Page 3 of 4
VLEI Issuer Qualification Agreement Appendix 6 Qualified vLEI
TrustMark Terms
of Use
Public Document Version 1.0 GLEIF 2022-12-06_appendix-6-terms-of-use-qualified-vlei-issuer-trustmark_ 2022-12-06
v1.0_final.docx
that you are liable to a payment of liquidated damages in the amount of CHF 100'000.- for any single case of non-compliance. lll. Applicable Law and Jurisdiction 1. These Terms of Use shall in all respects be governed by, and construed and interpreted in accordance with, the substantive laws of Switzerland without regard to Switzerland's conflict of law rules. 2. The Parties submit to the exclusive jurisdiction of the competent courts in Basel, Switzerland, for all disputes arising out of, or in connection with, these Terms of Use. %k %k k verifiable LEI (vLEI) Ecosystem Governance Framework v1.0 Page 4 of 4 VLEI Issuer Qualification Agreement Appendix 6 Qualified vLEI TrustMark Terms of Use Public Document Version 1.0 GLEIF 2022-12-06_appendix-6-terms-of-use-qualified-vlei-issuer-trustmark_ 2022-12-06 v1.0_final.docx