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WEBCC and the Premier Partner may each be referred to individually as a "Party" and collectively as the "Parties".Your electronic submission of the Premier Partner Application (by signing or checking the consent box on the Interface Tool/Reseller Panel signifies that you have read, understood, accepted and agreed to be bound by this Agreement.The Premier Partner shall, if requested by WEBCC, submit designs of all printed materials using WEBCC’s Trade Marks to WEBCC for approval as to the appearance, manner and the context of the intended use, of WEBCC”s Trade Marks.The Parties hereby acknowledge and agree that any Intellectual Property Rights owned by one Party shall continue to be owned by such Party, or its third party licensors, as the case may be, and the execution of this Agreement, except as specifically mentioned herein, shall not in any way be construed to have transferred all or any part of such rights to the other Party.This Premier Partner Agreement (“Agreement”) sets forth the terms and conditions which govern the relationship between Web Commerce Communications Ltd., a company incorporated in British Virgin Islands with its business address at P. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands of the one part (“WEBCC”) and you (“Premier Partner”).The term “you” and “your” shall refer to the Premier Partner.The Parties agree that each Party retains full and exclusive Intellectual Property Rights and ownership in any and all letters patent, inventions, software, algorithms, know-how, Trade Marks, copyrights and trade secrets, and any other proprietary rights which the Party currently possesses, or has developed independently pursuant to this Agreement.

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The Premier Partner shall indemnify and keep WEBCC indemnified from and against all claims, damages, liabilities, deficiencies, penalties, losses, costs, expenses (including without limitation, legal fees and disbursements on a full indemnity basis) which WEBCC may suffer, incur or sustain as a result of or in consequence of or in relation to any breaches of any of Premier Partner’s representations, warranties, undertakings and obligations contained in this Agreement and/or claims from third parties resulting from the provision of the Collaborative Services by the Premier Partner or arising under or relating to the Premier Partner’s performance of this Agreement.

The Premier Partner will promptly provide WEBCC with up to date, complete and accurate information of the Registrant(s), as required by WEBCC from time to time, and the Premier Partner shall comply with all applicable privacy laws in its collection, maintenance and use of the Registrant(s) information.