1. Preamble
The AI Finance Association Europe (“the Association”) provides a platform for software developers to test and further develop their systems, tools, indicators and bots. The Association ensures that the source code provided is not made publicly available and is compiled and protected using the latest methods. This ensures that developers can safely develop their work further. The Association supports members in marketing the systems.
2. Subject matter of the contract
These terms and conditions govern the cooperation between the AI Finance Association Europe and the software developers (“Developers”) who make their products and services available to the Association’s members.
3. Membership and access to services
3.1 Only registered members of the association have access to the software solutions offered.
3.2 Membership in the association is a prerequisite for using the tools, indicators and systems provided.
4. Rights and obligations of the developer
4.1 The developer provides the software products including the source code to the association.
4.2 The developer guarantees that the software products are free from third-party rights and do not infringe any existing patents or copyrights.
4.3 The developer remains the owner of the software and retains the right to further develop it.
5. Protection of the source code
5.1 The association undertakes to treat the source code provided as confidential and not to pass it on to third parties.
5.2 The association uses the source code exclusively for internal evaluation and further development in accordance with the latest security standards.
6. Use of the software by club members
6.1 The software products are made available to the association members exclusively for testing and evaluation purposes.
6.2 Commercial use of the software by club members is not permitted without the express consent of the developer.
7. Marketing of the systems
7.1 The association supports the developer in the marketing and promotion of the software products.
7.2 Marketing and advertising measures are carried out in consultation with the developer.
8. Liability and warranty
8.1 The developer is liable for the proper functioning of the software products provided and guarantees that they are error-free within the scope of normal use.
8.2 The association is not liable for damages resulting from the use of the software products, unless these are due to gross negligence or intent on the part of the association.
9. Termination of cooperation
9.1 Both parties may terminate the cooperation with 30 days’ notice in writing.
9.2 Upon termination of the cooperation, the Association undertakes to delete all copies of the source code and to stop using the software products.
10. Confidentiality
10.1 Both parties undertake to keep all confidential information exchanged within the framework of the cooperation secret and not to pass it on to third parties.
10.2 This obligation shall remain in effect even after termination of the cooperation.
11. Final provisions
11.1 These Terms and Conditions are governed by European Union law.
11.2 The place of jurisdiction for all disputes arising from this contract is Vienna, Austria.
11.3 Austrian association law and the corresponding statutory provisions apply.