肖威洞察 | EOS ICO 图表和条款借鉴

FireShot Capture 5 - eosio I 区块链软件架构 - https___eos.io_.png FireShot Capture 4 - eosio I 区块链软件架构 - https___eos.io_instructions.png 弹窗样式

EOS TOKEN购买协议

最后更新：2017年9月4日

本EOS令牌购买协议（本“ 协议 ”）包含了您使用EOS分销智能合同（“ EOS分销合同 ”）的条款和条件; 使用相关的ERC-20 EOS令牌智能联系人（“ EOS令牌合同 ”）; 并购买在以太坊区块链上分销的相关ERC-20兼容令牌（“ EOS令牌 ”），并且是您或您代表的实体（“ 买方 ”或“ 您 ”）与block.one（“ block” .one “，连同其母公司，子公司和附属公司，” 缔约方 “和集体，作为” 缔约方 “。公司 “）。买方，block.one和公司在此分别称为“

因此，考虑到本协议中的相互陈述，保证和协议以及其他有利和有价值的考虑因素，本公司和买方在此同意如下：

重要信息：请仔细阅读本协议并全文阅读。

买方承认，理解并同意以下内容：

• 有关EOS.IO软件和EOS平台的事项：

1. block.one正在开发EOS.IO软件（“ EOS.IO软件 ”），详见EOS.IO技术白皮书（随时可能会进行修订）（“ 白皮书 ”）;

2. 在开发阶段结束时，block.one将会发布它在开源软件许可下开发的EOS.IO软件;

3. 公司不会为任何目的配置和/或启动任何采用开源EOS.IO软件（“ EOS Platform ”）的公共区块链平台;

4. EOS平台的任何启动和实施都可能由与公司无关的第三方进行;

5. 启动EOS平台的第三方可以在启动EOS平台之前，期间或之后删除，修改或补充EOS.IO软件; 和

6. 公司将无法控制何时，如何或是否采用或实施EOS.IO软件，或者如何，何时或是否启动EOS平台。

• 约束协议：买方理解并同意买方受买方购买EOS令牌的约束并受本协议的约束。

• 没有美国或中国买家：EOS代币不会被提供或分发给美国人（如下定义）或中国人（如下定义）。如果您是美利坚合众国（包括其州，领地或哥伦比亚特区）的公民，居民或居住在美国的人士或任何实体，包括但不限于任何创建或组织或在美利坚合众国，其任何州或领地或哥伦比亚特区（“ <u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">美国人</u> ”）的法律，或者如果您是公民，居民或位于或居住在任何实体的人或任何实体，包括（但不限于）根据或根据中华人民共和国法律创立或组建的任何公司或合伙企业（“ <u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">中国人”）</u>“），请勿购买或试图购买EOS令牌。

• EOS TOKENS没有权利，使用或特性。EOS令牌没有任何明示或暗示的权利，用途，目的，属性，功能或特性，包括但不限于EOS平台上的任何用途，目的，属性，功能或特性。公司不保证也不代表买方以任何方式表示EOS令牌具有任何权利，用途，目的，属性，功能或特性。

• 不购买EOS PLATFORM TOKENS。根据本协议购买的EOS令牌<u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">不是</u> EOS平台上的令牌。买方承认，理解并同意，买方不应该期望并且公司没有保证或表示买方将收到任何其他产品，服务，权利，属性，功能，特性或任何类型的资产，包括但不限于，现在或将来的任何密码令牌或数字资产，无论是通过收据，兑换，兑换，赎回还是其他方式。

• 购买EOS令牌不可退款且购买无法取消。买方可能会失去所有金额。

• EOS TOKENS可能没有任何价值。

• 公司保留拒绝或取消EOS代币购买请求的权利，任何时候都可以自行决定。

• 请仔细阅读第7章中列出的风险并全面阅读。

• 本协议包括第9.1节中的预先解决争议，第9.2节中需要仲裁。

第一条：接受

EOS TOKENS的协议和购买

1.1。 买方：（a）点击官方https://eos.io/网站（“ <u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">网站</u> ”）上的复选框以表明买方已阅读，理解并同意本协议的条款; 或者（b）在公司收到买方付款之前。买方同意在此基础上受到约束，并确认买方已详细阅读并理解本协议以及买方受其约束的条款。

1.2。<u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">网站使用条款</u>。公司已制定使用条款，并可能随时对其进行修订，这些条款通过引用并入本文。买方已阅读，理解并同意这些条款。

1.3。<u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">白皮书</u>。公司已编写白皮书，可在https://github.com/EOSIO/Documentation/blob/master/TechnicalWhitePaper.md上获取，其中描述了与EOS.IO软件相关的事宜。白皮书随时可能会进行修改，在此引入作为参考。买方已阅读并理解白皮书及其内容。

1.4。 EOS令牌。

1. 没有目的。如上所述，EOS令牌没有任何明示或暗示的权利，用途，目的，属性，功能或特性。尽管EOS令牌可能是可交易的，但它们不是投资，货币，证券，商品，货币互换，证券或商品或任何其他类型的金融工具。

2. 公司对收益的使用。买方承认并了解，出售EOS令牌的收益将由公司自行决定使用。

第二条：EOS TOKEN分销

2.1。 EOS令牌的分配和分配。block.one打算根据本协议<u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">附录A中</u>所列的材料规格分配和分配EOS令牌（“ EOS令牌分配 ”），其中包括有关时间的细节（“ EOS分配期限“）和EOS令牌分配的定价以及将要分配的EOS令牌的数量。在EOS分发期间，block.one将提供有关买方如何通过官方网站购买EOS令牌的具体程序。通过购买EOS令牌，买方承认并了解并不反对这些程序和材料规格。未能使用官方网站并遵循此类程序可能导致买方未收到任何EOS令牌。无论采购日期如何，EOS令牌的任何买方都可能会损失部分或全部EOS令牌交换的金额。访问或使用EOS分销合同，访问或使用EOS令牌合同和/或通过官方网站以外的任何其他方式接收或购买EOS，不得以任何形式受到该区块的制裁或同意。一个缔约方。买方应非常小心，用于购买EOS令牌的网站具有以下通用资源定位器（URL）：https：//eos.io/。

2.2。 没有美国或中国买家。EOS令牌不提供给美国人员或中国人。美国人士和中国人严格禁止使用EOS分销合同，使用EOS Token Contact和/或购买EOS Tokens，并且公司不会以任何方式征求美国人士或中国人的购买。如果美国人或中国人使用EOS分销合同，使用EOS令牌合同和/或购买EOS令牌，则此人已经这样做并以非法，未经授权和欺诈的方式签署本协议，且本协议为无效且无效。如果本协议由美国人士或中国人士签订，买方或买方已签署本协议或代表美国人士或中国人购买了EOS令牌，公司不受本协议的约束，公司可自行决定采取一切必要和适当的行动使本协议失效，包括向有关当局提供信息。使用EOS分销合同，使用EOS令牌合同和/或购买EOS令牌或以非法，未经授权或欺诈的方式进入本协议的任何美国人士或中国人应独自承担责任并应赔偿捍卫并保持无害block.one和block.one各自的过去，现在和将来的员工，高级职员，董事，承包商，顾问，权益持有人，供应商，供应商，服务提供商，母公司，子公司，分支机构，代理商，代表，前任，继任者和指派统称“ 使本协议无效，包括向有关当局提供信息。使用EOS分销合同，使用EOS令牌合同和/或购买EOS令牌或以非法，未经授权或欺诈的方式进入本协议的任何美国人士或中国人应独自承担责任并应赔偿捍卫并保持无害block.one和block.one各自的过去，现在和将来的员工，高级职员，董事，承包商，顾问，权益持有人，供应商，供应商，服务提供商，母公司，子公司，分支机构，代理商，代表，前任，继任者和指派统称“ 使本协议无效，包括向有关当局提供信息。使用EOS分销合同，使用EOS令牌合同和/或购买EOS令牌或以非法，未经授权或欺诈的方式进入本协议的任何美国人士或中国人应独自承担责任并应赔偿捍卫并保持无害block.one和block.one各自的过去，现在和将来的员工，高级职员，董事，承包商，顾问，权益持有人，供应商，供应商，服务提供商，母公司，子公司，分支机构，代理商，代表，前任，继任者和指派统称“阻止任何形式的损害，损失，责任，成本或费用，无论是直接还是间接的，后果性的，补偿性的，附带的，实际的，惩罚性的或特殊的，包括但不限于商业损失，由于此类美国人或中国人的非法，未经授权或欺诈性使用该产品而导致的一方的收入，利润，数据，使用，商誉或其他无形损失（统称为“ 损失 ”） EOS分销合同，未经授权使用EOS令牌合同和/或收到或购买EOS令牌。

2.3。 分配和销售EOS令牌来阻止一方。买方理解并同意公司过去，现在和未来的员工，管理人员，董事，承包商，顾问，股权持有人，供应商，供应商和服务提供商参与购买EOS令牌，包括可能从事开发和EOS.IO软件的实施或谁可能为block.one的未来业务工作，这些业务可能会与EOS令牌分发的一部分收益建立关系。所有这些区块，一方将以与EOS令牌的其他所有买方相同的条款参与，并受本协议的约束。

2.4。 没有陈述和保证。根据EOS分销合同和EOS令牌合同，EOS代币将分配给买家。任何一方均不作任何明示或暗示的陈述或保证，包括但不限于对EOS分销合同，EOS令牌合同或其他特定目的的适销性或适用于某种特定用途的所有权担保或暗示保证。 EOS令牌或其实用程序，或任何人购买或使用EOS令牌的能力。在不限制前述内容的情况下，任何block.one方均不代表或保证购买EOS令牌或接收EOS令牌的过程不会中断或无错误，或EOS令牌可靠且无错误。结果是，买方承认并了解，买方可能永远不会收到EOS令牌，并可能会失去买方向公司支付的全部金额。买方应根据EOS分销合同和EOS令牌合同向公司提供准确的数字钱包地址，以便收到分销给买方的任何EOS令牌。

2.5。 不是证券，商品或掉期的发行。EOS令牌和EOS令牌本身的出售不是证券，商品，任何证券或商品的交换或任何类型的金融工具。购买和销售EOS令牌不受任何有关这些类型金融工具的法律的保护。本协议及本协议中提及的包括白皮书在内的所有其他文件均不构成招股说明书或发售文件，也不是要约出售，也不是招揽购买投资，证券，商品或交换安全或商品。

2.6。 不是投资。出于投资目的，买方不应参与EOS令牌分发或购买EOS令牌。EOS令牌不用于投资目的，不应被视为投资类型。在EOS分发期结束后二十三（23）小时内，所有EOS令牌将不再可转让，并且EOS令牌合约将阻止所有进一步传输和公钥映射。此时，EOS令牌的分配将完成。买方承认，理解并同意，买方不应该期望，也没有公司的担保或代表或保证：（a）EOS.IO软件将被采用; （b）EOS.IO软件将按block.one开发，而不是以不同或修改的形式开发; （c）利用或采用EOS的区块链。IO软件将永远推出; （d）区块链将随EOS.IO软件的更改或不更新而启动，并且有或没有与固定的，不可转让的EOS令牌余额相匹配的分配。此外，EOS令牌在EOS平台上不具有任何功能和权利，并且持有EOS令牌不是保证，代表或保证持有者能够使用EOS平台或接收EOS平台上使用的任何令牌，甚至如果启动了EOS平台并采用了EOS.IO软件，其中没有公司提供的担保，声明或保证。

2.7。 不适合投机。买方承认并同意，买方不购买EOS令牌用于投资，投机，作为某种类型的套利策略，用于即时转售或其他金融目的。

第三条：没有其他权利创造

3.1。没有索赔，贷款或所有权利益。购买EOS代币：（a）不向买方提供任何有关本公司或其收入或资产的任何形式的权利，包括但不限于任何投票，分发，赎回，清算，专有（包括所有形式知识产权）或其他财务或法定权利; （b）不是对公司的贷款; （c）不向买方提供公司的任何所有权或其他权益。

3.2。 知识产权。公司保留对本公司所有知识产权的所有权利，所有权和利益，包括但不限于发明，创意，概念，代码，发现，流程，标志，方法，软件，组合，公式，技术，信息和数据，无论是在商标中不具有可专利性，版权或可保护性，以及基于此的任何商标，版权或专利。未经公司事先书面同意，买方不得以任何理由使用本公司的任何知识产权。

第四条：SECURITY AND DATA; 税

4.1。 安全和数据隐私。

1. 买方的安全。买方将实施合理且适当的措施，旨在确保访问：（i）与买方相关联并与买方购买EOS令牌有关的任何设备; （ii）私钥给买方的钱包或账户; 和（iii）任何其他用户名，密码或其他登录或身份证明。如果买方不再拥有买方的私钥或任何与买方帐户相关联的设备，或无法提供买方的登录信息或识别凭证，则买方可能会失去所有买方的EOS令牌和/或进入买方帐户。公司没有义务收回任何EOS令牌，且买方承认，理解并同意所有购买EOS令牌都不予退还，且买方不会收到任何购买的EOS令牌的金钱或其他补偿。

2. 附加信息。根据公司的要求，买方将立即向公司提供信息和文件，公司可以自行决定认为必要或适合遵守任何法律，法规，规则或协议，包括但不限于司法程序。这些文件包括但不限于护照，驾驶执照，公用事业账单，相关个人照片，政府身份证或宣誓声明。买方同意公司披露这些信息和文件，以遵守适用的法律，法规，规则或协议。买方承认公司可能会拒绝向买方分发EOS令牌，直到提供了所需的信息。

4.2。 税。买方承认，理解并同意：（a）购买和收到EOS令牌可能对买方产生税收后果; （b）买方全权负责买方遵守买方的纳税义务; （c）公司对买方的任何税务后果不承担任何责任或义务。

第五条：买方的陈述和保证

通过购买EOS令牌，买方向每个区块的一方表示并保证：

5.1。不是美国人或中国人：买方不是美国人或中国人。

5.2。权威。买方拥有执行和交付本协议，使用EOS分销合同和EOS智能合同，购买EOS代币以及执行和履行本协议项下义务的所有必要权力和权力。

1. 如果是个人，买方至少年满18周岁且具有足够的法定年龄和购买EOS令牌的能力。

2. 如果法人，买方已经妥善组织，有效地存在并且依据其住所辖区的法律和其开展业务的每个司法辖区具有良好的信誉。

5.3。没有冲突。本协议的执行，交付和履行不会导致任何违反，与之发生冲突或构成重大违约，无论是否经过时间或发出通知：（a）买方组织的任何规定文件（如适用）; （b）买方作为一方的任何判决，命令或命令的任何规定，其所约束的或其重要资产的任何规定; （c）买方作为一方或受其约束的任何实质协议，义务，义务或承诺; 或（d）适用于买方的任何法律，法规或规则。

5.4。没有同意或批准。本协议的执行和交付及其履行不需要任何政府当局或除买方之外的其他人的批准或采取其他行动。

5.5。买方状态。买方不受根据1933年证券法（“ <u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">买方事件</u> ”）规则D规则506（d）（1）中所列的任何不合格事件的约束，并且没有任何待决或正在进行的调查买方受到任何政府机构的威胁，可合理预期成为买方活动的基础。

5.6。买方知识和项目风险。买方在业务和财务方面有足够的知识和经验，包括对区块链或密码令牌和其他数字资产，智能合约，存储机制（如数字或令牌钱包），基于区块链的软件系统和区块链技术的充分理解，以及能够评估买方购买EOS令牌的风险和优点，包括但不限于本协议规定的事项，并且能够承担其风险，包括所有支付金额的损失，EOS令牌的损失，以及一方当事人和其他方的行为和疏忽，包括对构成违反本协议的行为和疏忽，疏忽，欺诈或故意不当行为的责任。买方已经获得足够的信息，以便作出明智的决定购买EOS令牌。

5.7。资金; 付款。

1. 资金。买方用于购买EOS令牌的资金（包括任何法定货币，虚拟货币或加密货币）不是来自或涉及任何非法活动，包括但不限于洗钱或恐怖融资，买方不会使用EOS令牌进行融资，参与或以其他方式支持任何非法活动。

2. 付款。买方根据本协议的所有付款将仅以买方名义，从位于金融行动特别工作组指定为“非合作国家或地区”的国家或地区以外的数字钱包或银行账户进行，并且不是美国银行保密法（31 USC§5311 et seq。）以及金融犯罪执法网络颁布的法规所定义的“外国银行” ，因为这些法规可能会从时常。

5.8。 其他合规性。

1. 反洗钱; 反恐融资。在适用法律要求的范围内，买方遵守所有反洗钱和反恐融资要求。

2. 制裁合规。买方或买方或EOS令牌的直接或间接实益权益被买方收购的任何人，或买方代理人或代理人与EOS令牌有关的任何人都不是受EOS Tokens管理或执行的制裁的对象任何国家或政府（统称“ <u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">制裁</u> ”），或组织或居住在全国或全境制裁的国家或地区。

第六条：免责声明

6.1。买方明确承认，理解并同意买方使用EOS分销合同，EOS令牌合同和购买EOS令牌，但买方有单方面的风险，并且EOS分销合同，EOS令牌合同和EOS令牌各自提供，使用和获得在“现状”和“现有”的基础上，公司和买方不得以任何形式作出任何陈述，保证，承诺或保证，并依赖其自己的检查和调查。

6.2。没有陈述或保证。（A）公司不做出并明确否认所有明示，暗示或法定的陈述和保证; 和（B）关于EOS分销合同，EOS合同以及EOS商标，公司并不明示或担保并明确拒绝任何明示，暗示或法定的陈述或保证，包括但不限于任何陈述或保证不侵权，适销性，使用，适用于任何特定用途，或者对于其工艺或其技术编码，或者缺乏其中的任何缺陷，无论是潜在的还是专利。

第七条：风险

EOS TOKENS可能没有任何价值。买方可能会失去所有金额。买方已仔细审查，承认，理解并承担以下风险以及与EOS令牌（包括未在此讨论的相关风险）相关的所有其他风险，所有这些风险都可能导致EOS令牌无价值或价值不高：

7.1。没有权利，功能或特点。EOS令牌没有明示或暗示的权利，用途，目的，属性，功能或特性。即使启动了EOS平台并完成了EOS.IO软件的开发并采用并实施了EOS.IO软件，EOS令牌也没有权利让持有者参与EOS平台。

7.2。EOS平台。买方不应依赖EOS平台购买EOS令牌，因为EOS令牌在EOS平台上不可用，也不会使买方对EOS平台有任何权利。

7.3。 购买价格风险。EOS令牌的分配将在EOS分配期间的每个设定期间结束时发生。买家收到的EOS令牌的购买价格取决于所有其他发送以太网的用户的操作（“ ETH“）与EOS令牌合同在同一时期。在同一时期发送ETH的每个人都收到相同的价格。其他人有可能在买方之后发送大量的ETH，并大幅提高买方和其他人按照所收到的EOS令牌支付的价格。对买方购买的EOS令牌的价格不作任何担保，也不保证每个EOS令牌由市场确定的价格在EOS分配期的后续期间等于或高于此价格。在EOS分发期的后续期间，每个EOS令牌的价格有可能低于EOS令牌期间EOS令牌的初始买方支付的价格。block.one保留因任何原因更改EOS分发期限的权利，包括，

7.4。区块链延迟风险。在以太坊区块链中，区块生产的时机由工作证明决定，因此区块生产可随机发生。例如，ETH在分销期的最后几秒内对EOS智能合同作出的贡献可能不会包含在该期间。买方承认并了解，以太坊区块链可能不包括买方预期的买方交易，买方在同一天买方发送ETH时可能不会收到EOS令牌。

7.5。以太坊Blockchain。以太坊区块链容易出现周期性拥塞，在此期间交易可能会延迟或丢失。个人也可能故意将Ethereum网络垃圾邮件企图获得购买加密令牌的优势。买方承认并了解，以太坊区块生产商可能不包括买方希望的买方交易或买方的交易可能根本不包括在内。

7.6。能够进行交易或转售。买方可能无法随时出售或以其他方式在EOS令牌中进行交易，或买方支付的价格。通过使用EOS分销合同或EOS令牌合同或通过购买EOS令牌，买方承认，理解并同意：（a）EOS令牌可能没有价值; （b）EOS代币的流动性不存在担保或代表; （c）封锁一方不对EOS令牌的市场价值，EOS令牌的可转移性和/或流动性和/或通过第三方提供的任何EOS令牌市场负责或不承担责任或者其他。

7.7。令牌安全。EOS令牌可能会被征用和/或盗用。黑客或其他恶意组织或组织可能会尝试以各种方式干扰EOS分销合同，EOS令牌合同或EOS令牌，包括但不限于恶意软件攻击，拒绝服务攻击，基于共识的攻击，Sybil攻击，smurfing和欺骗。此外，由于以太坊平台依赖于开源软件，而EOS令牌基于开源软件，因此以太坊智能合同可能包含故意或无意的错误或弱点，这些错误或弱点可能会对EOS令牌造成负面影响或导致丢失买方的EOS令牌，买方无法访问或控制买方的EOS令牌或买方账户中的ETH丢失。如果发生这种软件缺陷或缺陷，

7.8。访问私钥。买方购买的EOS令牌可由买方保存在买方的数字钱包或保险库中，需要私人密钥或私人密钥的组合才能进行访问。因此，与买方的数字钱包或储存EOS令牌的保险库相关联的必需私钥的丢失将导致这些EOS令牌的丢失，对第三方创建的区块链中的买方的EOS令牌余额和/或任何初始余额的访问。此外，任何获得此类私钥的第三方（包括通过访问托管的钱包或电子仓库服务的买方使用的登录凭证）可能会盗用买方的EOS令牌。公司不承担任何此类损失。

7.9。EOS令牌将成为不可转让的。买方承认并理解EOS令牌将在EOS分发期结束后二十三（23）小时内变为不可转让。此时，买方将不再能够将公钥映射到买方的账户，买方将无法在以太坊区块链上转移EOS令牌。一些加密货币交易所可能自行使EOS令牌继续交易，但交易所将不能接受新的存款或授权提取EOS令牌。

7.10 新技术。EOS.IO软件和EOS平台以及白皮书中提出的所有事项都是新的和未经测试的。EOS.IO软件可能无法完成，实施或采用。使用EOS.IO软件的区块链可能永远不会启动，并且可能永远不会有可用的EOS平台。买家不应该依赖EOS.IO软件或未来能够接收与EOS平台相关的令牌。即使EOS.IO软件已完成，实施和采用，它可能无法按预期运行，并且与采用EOS.IO软件的区块链相关的任何令牌都可能没有所需或有价值的功能。此外，技术正在迅速变化，所以EOS令牌和EOS平台上可转让的任何令牌可能会过时。

7.11。依赖第三方。即使完成，EOS.IO软件也将全部或部分依靠第三方来采纳和实施，并继续开发，供应和以其他方式提供支持。无法保证或担保这些第三方将完成其工作，正确履行其义务或以其他方式满足任何人的需求，所有这些都可能对EOS.IO软件和EOS平台产生重大不利影响。

7.12。未能将公钥映射到买方帐户。买方未能将公钥映射到买方账户可能会导致第三方无法识别以太坊区块链上的买方EOS令牌余额，并且如果他们基于其公司的EOS.IO软件配置了新区块链的初始余额，不作任何表示或保证。

7.13。交易所和交易对手风险。如果买方从交易所或者买方不控制的账户向EOS令牌合约发送ETH，根据EOS令牌合同，EOS令牌将分配给已发送ETH的账户; 因此，买方可能永远不会收到或能够恢复买方的EOS令牌。此外，如果买方选择通过加密货币交易所或其他第三方维护或持有EOS令牌，买方的EOS令牌可能会被盗或丢失。此外，如果第三方根据EOS.IO软件中设置的分发规则发布，第三方可能不承认买方对任何衍生品代币的索赔。通过使用EOS分销合同，使用EOS令牌合同和/或通过购买EOS令牌，

7.14 对EOS.IO软件的更改。EOS.IO软件仍处于开发阶段，可能会随着时间的推移而发生重大变化。尽管公司有意使EOS.IO软件具备白皮书中规定的功能和规格，但由于许多原因，公司可能会对这些功能和规范进行更改，任何采用EOS.IO软件并启动EOS平台也可能进行更改，其中任何一项都可能意味着EOS平台不符合买方的期望。

7.15 基于EOS.IO软件的替代区块链的风险。EOS.IO软件在EOS发布期结束之前不可能获得开源许可证的许可; 但是，有可能有人不尊重EOS.IO软件的版权，或者在EOS.IO软件以开放源代码许可方式发布后修改。因此，在EOS.IO软件之前或之后，根据EOS.IO软件，某人可以利用EOS.IO软件构建并启动区块链协议，该区分链协议使用除用于EOS令牌的令牌分发以外的令牌分发已经获得开源许可。

7.16 区块链密码令牌缺乏可转移性的风险。EOS.IO软件的构建使得任何采用EOS.IO软件的区块链都需要持有人不低于已发行和未完成EOS令牌总数的15％，然后再使用<u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">区块链上的令牌</u>（“ <u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">区块链令牌</u>“）可以转移。换句话说，如果采用EOS.IO软件，持有至少15％已发行和未完成的EOS令牌的持有者有责任采用一个或多个区块链，以使区块链上的区块链令牌可传输。买方承认，理解并同意，如果采用EOS.IO软件且未获得上述必要投票，则买方可能无法转让任何Blockchain代币买方收到。

7.17。项目完成。EOS.IO软件的开发可能由于多种原因而被放弃，包括但不限于缺乏公众的兴趣，缺乏资金，缺乏商业成功或前景，或主要人员离职。

7.18。缺乏兴趣。即使EOS.IO软件已完成并通过并启动了EOS平台，但EOS平台的持续成功依赖于第三方（如开发人员）的兴趣和参与。无法保证或保证EOS平台会有足够的兴趣或参与。

7.19。 不确定的监管框架。密码令牌，数字资产和区块链技术的监管状况在许多管辖区尚不清楚或未得到解决。很难预测政府当局如何或是否会监管这些技术。同样很难预测任何政府机构如何或是否会改变现有法律，法规和/或将影响加密令牌，数字资产，区块链技术及其应用的规则。这些变化可能会以各种方式对EOS令牌产生负面影响，例如，通过确定EOS令牌是需要注册的受监管金融工具。公司可能会停止EOS令牌的分发，EOS的开发。

7.20。政府行为的风险。如上所述，公司运营的行业是新的行业，可能需要加强监督和审查，包括调查或执法行动。无法保证政府当局不会审查公司的运作和/或对公司采取执法行动。这种政府活动可能会或可能不会是针对公司的结果。所有这些都可能导致公司做出判决，和解，罚款或处罚，或导致公司重组其业务和活动，或停止提供某些产品或服务，所有这些都可能损害公司的声誉或导致更高的运营成本，对EOS令牌和/或EOS.IO软件的开发具有重大不利影响。

第八条：责任限制; 保障

8.1。责任限制。在适用法律允许的最大范围内，买方拒绝任何权利或诉讼对任何司法管辖区内的任何形式的任何一方的任何权利或起因。对于任何类型的损害赔偿，即使并且尽管阻塞程度有限，一方也不应对买方承担任何损害责任。一方已被告知可能发生此类损害。买方同意不要求任何退款，赔偿或报销，无论其原因是什么，也不管原因是否在本协议中确定。

8.2。 损害。在任何情况下，本合同各方的总体连带责任，无论是合同，授权，侵权还是其他理论，本协议项下对买方造成的损害均超过买方收到的金额。

8.3。 不可抗力。买方理解并同意，公司对任何不可抗力事件（包括上帝的行为，劳资纠纷或其他工业干扰，电气，电信，硬件，软件或其他公用事业故障，软件或软件）不承担任何责任并拒绝承担任何责任。智能合同缺陷或弱点，地震，风暴或其他与自然相关的事件，封锁，禁运，骚乱，政府行为或命令，恐怖主义或战争行为，技术变革，利率变化或其他货币条件，以及避免怀疑，改变任何区块链相关的协议。

8.4 发布。在适用法律允许的最大范围内，买方将责任，责任，索赔，要求和/或损害（实际和相应的）各种类型和性质，已知和未知的情况（包括但不限于，疏忽索赔），是由于买方与第三方的行为或不作为之间的纠纷引起或与之相关的。

8.5 赔偿。

1. 在适用法律允许的最大范围内，买方将赔偿，捍卫并使其免受损害，并赔偿一方当事人支持和反对任何和所有诉讼，诉讼程序，索赔，赔偿，诉求和行为（包括但不限于律师的费用和开支）一方因以下方面产生或与之有关：（i）买方购买或使用EOS令牌; （ii）买方在本协议项下的责任或义务; （iii）买方违反或违反本协议; （iv）买方的任何陈述或保证中的任何不准确性; （v）买方违反任何其他人或实体的任何权利; 和/或（vi）买方的任何作为或不作为是疏忽，非法或构成故意不当行为。

2. 公司有权根据本第8.5条对由辩护承担的任何索赔承担全部控制权，由买方承担费用。本补偿是对买方和公司之间的书面协议中规定的任何其他赔偿的补充，而不是代替。

第九条：争议解决

9.1。非正式争议解决。买方和公司应善意合作解决因本协议引起，与本协议有关或与本协议有关的任何争议，争议或索赔，包括其形成，适用性，违约，终止，有效性或可执行性（“ <u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">争议</u> “）。如果双方无法在所有缔约方收到此类争议的通知九十（90）天内解决争议，则此争议应最终通过下文第9.2节中定义的绑定仲裁予以解决。

9.2。 有约束力的仲裁。根据第9.1条规定，在90天内未解决的任何争议应根据伦敦国际仲裁法院（LCIA）仲裁时有效的规则进行仲裁，最终通过仲裁予以解决，但可能在此处进行修改或经双方协商一致。仲裁员人数由公司选定。仲裁所在地或法定地点为英国伦敦。仲裁程序中使用的语言应为英文。协议的管辖法律应在本协议第10.1条中规定。仲裁裁决是终局裁决，对双方具有约束力（“有<u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">约束力的仲裁</u>“）。双方承诺毫不拖延地执行任何裁决，并放弃其有权采取任何形式的追索权，只要这种放弃可以有效地进行即可。裁决的判决可由任何有管辖权的法院或对相关方或其资产具有管辖权的法院进行。公司和买方将分别支付各自的律师费和开支。尽管有上述规定，公司保留自行决定对仲裁的任何或全部费用承担责任的权利。

9.3。无阶级仲裁，集体诉讼或代表诉讼。因本协议引起或与本协议有关的任何争议对买方和公司都是私人的，不会被视为集体仲裁，集体诉讼或任何其他类型的代表诉讼。将不存在集体仲裁或仲裁，在这种集体仲裁或仲裁中，个人试图以另一个人或一组个人的代表来解决争议。此外，无论是在仲裁内还是在仲裁之外，或者代表任何其他个人或团体，都不能将争议作为集体或其他类型的代表诉讼提起。

第十条：杂项

10.1。 管辖法律和地点。根据开曼群岛法律，本协议将在所有方面受到管辖，包括开曼群岛法律的有效性，解释和效力，但不影响其原则或法律冲突规则，只要这些原则或规则不是强制适用的通过法规并允许或要求适用另一个法域的法律。

10.2。 作业。未经block.one事先书面同意，买方不得分配本协议。违反本第10.2条的任何转让或转让将被视为无效。公司可以将此协议分配给关联公司。除上述规定外，本协议以及本协议各方的权利和义务将对其各自的继承人，受让人，继承人，执行人，管理人和法定代表人具有约束力并受其保护。

10.3。 整个协议。本协议（包括本协议所附的展品以及通过引用并入本文的材料）构成了双方之间的完整协议，并取代双方就本主题达成的所有先前或同时达成的书面和口头协议和谅解，包括包括但不限于任何block.one方关于EOS Tokens，EOS.IO软件，EOS平台，区块链代币或EOS平台上的任何其他令牌的任何公开或其他声明或演示。

10.4。 可分割性。如果本协议的任何条款由有管辖权的法院确定为无效，无法使用或因任何原因无法执行，则应对条款进行修改以使其有效，并尽可能实现双方最初的意图尽可能以可接受的方式进行交易，以使拟议的交易在此尽最大可能完成。

10.5。 协议修改。公司可随时通过在网站上发布修订版本修改本协议，网址为https://eos.io/purchase-agreement。修改后的条款将在发布后生效。买方有责任定期检查本网站以修改本协议。本协议最后修改日期为本协议开始日期。

10.6。 终止协议; 生存。本协议将在完成EOS令牌分发中的所有销售后终止。如果买方违反本协议，公司有权自行决定终止本协议。本协议终止后：（a）本协议下买方的全部权利立即终止; （b）买方无权退还任何已付金额; （c）第3,4,6,7,8,9和10条将继续按照其条款适用。

10.7。 没有豁免。公司未行使或执行本协议的任何权利或条款不构成现在或将来放弃此权利或条款，也不会限制公司在稍后时间执行此权利或条款的权利。公司所有的豁免必须是明确的，并且书面要有效。

10.8。 无合作关系; 没有代理; 没有第三方受益人。本协议中的任何内容以及双方未采取的行动都不应构成或被视为构成双方之间的合作关系，联营关系，合资企业或其他合作实体。本协议中的任何规定以及双方根据本协议采取的任何行动均不构成或被视为构成另一方的代理人出于任何目的。根据本协议，任何缔约方均不得以另一方的名义约束或承诺任何权力或权力。本协议不会为任何人创造任何第三方受益权。

10.9。 电子通讯。买方同意并承认，公司根据本协议向买方提供的所有协议，通知，披露和其他通信，或与买方购买EOS令牌（包括本协议）有关或与之有关的，可由公司自行决定，以电子形式发送给买方。

附表A

EOS TOKEN分布

EOS令牌分配将于2017年6月26日13:00 UTC开始，历时341天。10亿（1,000,000,000）个EOS令牌将按照以下时间表分配：

1. 200,000,000 EOS令牌（将分配的EOS令牌总额的20％）将于2017年6月26日开始的5日期间在世界协调时间下午1点00分到2017年7月1日下午12点59分59秒。

2. 2017年7月1日UTC时间13:00:00，700,000,000 EOS令牌（将分配的EOS令牌总数的70％）将平均分配到350个连续23小时的2,000,000 EOS令牌中。

3. 100,000,000 EOS（将分配的EOS令牌总数的10％）将被保留为block.one，并且不能在Ethereum网络上进行交易或转移。

在5天期限结束时和上述23小时期限结束时，上述各EOS代币的设定数量将根据这些期间贡献的总ETH按比例分配给所有授权购买者，分别如下：

image

哪里：

a =期间授权购买者贡献的总ETH。

b =该期间可供分发的EOS令牌总数。

c =在此期间所有授权购买者贡献的总ETH。

举个例子：

1. 20个EOS令牌在一段时间内可用。

2. Bob在此期间贡献了4个ETH，Alice贡献了1个ETH。期间结束。

3. 由于在此期间共有5个ETH代币贡献了20个EOS代币，因此每发送0.25个ETH代币将分发1个EOS代币。因此，Bob收到16个EOS令牌，Alice收到4个EOS令牌。

如果采用EOS.IO软件的EOS平台启动，block.one开发的默认EOS.IO软件配置会将根据此EOS平台分发的新创始人令牌锁定在智能合约中，并释放10,000,000（10％）个令牌在10年的时间内，在发生区块每一年的周年纪念结束的时候，EOS平台的EOS.IO软件配置最终将由第三方决定，第三方初始化一个创世区块并启动EOS平台。

EOS TOKEN PURCHASE AGREEMENT

Last Updated: September 4, 2017

This EOS Token Purchase Agreement (this “Agreement”) contains the terms and conditions that govern your use of the EOS distribution smart contract (the “EOS Distribution Contract”); use of the related ERC-20 EOS token smart contact (the “EOS Token Contract”); and purchase of the related ERC-20 compatible tokens distributed on the Ethereum blockchain (the “EOS Tokens”) and is an agreement between you or the entity that you represent (“Buyer” or “you”) and block.one (“block.one,” together with its parent company, subsidiaries and affiliates, “Party” and collectively, as the “Parties”.

NOW, THEREFORE, in consideration of the mutual representations, warranties and agreements contained in this Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Company and Buyer hereby agree as follows:

IMPORTANT INFORMATION: PLEASE READ THIS AGREEMENT CAREFULLY AND IN ITS ENTIRETY.

Buyer acknowledges, understands and agrees to the following:

• MATTERS RELATING TO EOS.IO SOFTWARE AND EOS PLATFORM:

1. block.one is developing the EOS.IO software (the “EOS.IO Software”) as further described in the EOS.IO Technical White Paper (as it may be amended from time to time) (the “White Paper”);

2. at the end of its development stage, block.one will be releasing the EOS.IO Software it has developed under an open source software license;

3. Company will not configure and/or launch any public blockchain platform adopting the open source EOS.IO Software (the “EOS Platform”) for any purpose;

4. any launch and implementation of the EOS Platform may occur by third parties unrelated to Company;

5. third parties launching the EOS Platform may delete, modify or supplement the EOS.IO Software prior to, during or after launching the EOS Platform; and

6. Company will have no control over when, how or whether the EOS.IO Software is adopted or implemented, or how, when or whether the EOS Platform is launched.

• BINDING AGREEMENT: Buyer understands and agrees that Buyer is subject to and bound by this Agreement by virtue of Buyer’s purchase of EOS Tokens.

• NO U.S. OR CHINESE BUYERS: EOS Tokens are not being offered or distributed to U.S. persons (as defined below) or Chinese persons (as defined below). If you are citizen, resident of, or a person located or domiciled in, the United States of America including its states, territories or the District of Columbia or any entity, including, without limitation, any corporation or partnership created or organized in or under the laws of the United States of America, any state or territory thereof or the District of Columbia (a “<u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">U.S. person</u>”), or, if you are citizen, resident of, or a person located or domiciled in, or any entity, including, without limitation, any corporation or partnership created or organized in or under the laws of the People’s Republic of China (a “<u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">Chinese person</u>”), do not purchase or attempt to purchase EOS Tokens.

• EOS TOKENS HAVE NO RIGHTS, USES OR ATTRIBUTES. The EOS Tokens do not have any rights, uses, purpose, attributes, functionalities or features, express or implied, including, without limitation, any uses, purpose, attributes, functionalities or features on the EOS Platform. Company does not guarantee and is not representing in any way to Buyer that the EOS Tokens have any rights, uses, purpose, attributes, functionalities or features.

• NOT A PURCHASE OF EOS PLATFORM TOKENS. EOS Tokens purchased under this Agreement are <u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">not</u> tokens on the EOS Platform. Buyer acknowledges, understands and agrees that Buyer should not expect and there is no guarantee or representation made by Company that Buyer will receive any other product, service, rights, attributes, functionalities, features or assets of any kind whatsoever, including, without limitation, any cryptographic tokens or digital assets now or in the future whether through receipt, exchange, conversion, redemption or otherwise.

• PURCHASE OF EOS TOKENS ARE NON-REFUNDABLE AND PURCHASES CANNOT BE CANCELLED. BUYER MAY LOSE ALL AMOUNTS PAID.

• EOS TOKENS MAY HAVE NO VALUE.

• COMPANY RESERVES THE RIGHT TO REFUSE OR CANCEL EOS TOKEN PURCHASE REQUESTS AT ANY TIME IN ITS SOLE DISCRETION.

• PLEASE READ THE RISKS SET FORTH IN SECTION 7 CAREFULLY AND IN THEIR ENTIRETY.

• THIS AGREEMENT INCLUDES PRE-DISPUTE RESOLUTION IN SECTION 9.1 AND REQUIRES ARBITRATION IN SECTION 9.2.

ARTICLE ONE: ACCEPTANCE OF AGREEMENT

AND PURCHASE OF EOS TOKENS

1.1. This Agreement shall be effective and binding on the Parties when Buyer: (a) clicks the check box on the official https://eos.io/ website (the “<u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">Website</u>”) to indicate that Buyer has read, understands and agrees to the terms of this Agreement; or, if earlier (b) upon Company’s receipt of payment from Buyer. Buyer agrees to be bound on this basis, and confirms that Buyer has read in full and understands this Agreement and the terms on which Buyer is bound.

1.2. <u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">Website Terms of Use</u>. Company has established Terms of Use, as may be amended from time to time, for the Website located at Terms of Use, which are hereby incorporated by reference. Buyer has read, understands and agrees to those terms.

1.3. <u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">White Paper</u>. Company has prepared the White Paper, which is available at https://github.com/EOSIO/Documentation/blob/master/TechnicalWhitePaper.md, describing matters relating to the EOS.IO Software. The White Paper, as it may be amended from time to time, is hereby incorporated by reference. Buyer has read and understands the White Paper and its contents.

1.4. EOS Tokens.

1. No Purpose. As mentioned above, the EOS Tokens do not have any rights, uses, purpose, attributes, functionalities or features, express or implied. Although EOS Tokens may be tradable, they are not an investment, currency, security, commodity, a swap on a currency, security or commodity or any other kind of financial instrument.

2. Company’s Use of Proceeds. Buyer acknowledges and understands that the proceeds from the sale of the EOS Tokens will be utilized by Company in its sole discretion.

ARTICLE TWO: EOS TOKEN DISTRIBUTION

2.1. Allocation and Distribution of EOS Tokens. block.one intends to allocate and distribute EOS Tokens (the “EOS Token Distribution”) in accordance with the material specifications as set forth in <u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">Exhibit A</u> to this Agreement which includes details regarding the timing (the “EOS Distribution Period”) and pricing of the EOS Token Distribution and the amount of EOS Tokens that will be distributed. During the EOS Distribution Period, block.one will provide specific procedures on how Buyer should purchase EOS Tokens through the official Website. By purchasing EOS Tokens, Buyer acknowledges and understands and has no objection to such procedures and material specifications. Failure to use the official Website and follow such procedures may result in Buyer not receiving any EOS Tokens. Any buyer of EOS Tokens may lose some or all of the amounts paid in exchange for EOS Tokens, regardless of the purchase date. The access or use of the EOS Distribution Contract, access or use of the EOS Token Contract and/or the receipt or purchase of EOS through any other means other than the official Website are not sanctioned or agreed to in any way by the block.one Parties. Buyer should take great care that the website used to purchase EOS Tokens has the following universal resource locator (URL): https://eos.io/.

2.2. No U.S. or Chinese Buyers. The EOS Tokens are not being offered to U.S. persons or Chinese persons. U.S. persons and Chinese persons are strictly prohibited and restricted from using the EOS Distribution Contract, using the EOS Token Contact and/or purchasing EOS Tokens and Company is not soliciting purchases by U.S. persons or Chinese persons in any way. If a U.S. person or a Chinese person uses the EOS Distribution Contract, uses the EOS Token Contract and/or purchases EOS Tokens, such person has done so and entered into this Agreement on an unlawful, unauthorized and fraudulent basis and this Agreement is null and void. Company is not bound by this Agreement if this Agreement has been entered into by a U.S. person or a Chinese person as Buyer or Buyer has entered into this Agreement or has purchased EOS Tokens on behalf of a U.S. person or a Chinese person, and Company may take all necessary and appropriate actions, in its sole discretion, to invalidate this Agreement, including referral of information to the appropriate authorities. Any U.S. person or Chinese person who uses the EOS Distribution Contract, uses the EOS Token Contract and/or purchases EOS Tokens or enters this Agreement on an unlawful, unauthorized or fraudulent basis shall be solely liable for, and shall indemnify, defend and hold harmless block.one and block.one’s respective past, present and future employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (collectively, the “block.one Parties”) from any damages, losses, liabilities, costs or expenses of any kind, whether direct or indirect, consequential, compensatory, incidental, actual, exemplary, punitive or special and including, without limitation, any loss of business, revenues, profits, data, use, goodwill or other intangible losses (collectively, the “Damages”) incurred by a block.one Party that arises from or is a result of such U.S. person’s or Chinese person’s unlawful, unauthorized or fraudulent use of the EOS Distribution Contract, unauthorized use of the EOS Token Contract and/or the receipt or purchase of EOS Tokens.

2.3. Allocation and Sale of EOS Tokens to block.one Parties. Buyer understands and consents to the participation of the Company’s past, present and future employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors and service providers in the purchase of EOS Tokens, including people who may work on the development and implementation of the EOS.IO Software or who may work for block.one’s future businesses which block.one may establish with a portion of the proceeds from the EOS Token Distribution. All such block.one Parties will participate on the same terms as every other buyer of EOS Tokens and will be bound by this Agreement.

2.4. No Representations and Warranties. The EOS Tokens will be distributed to buyers thereof pursuant to the EOS Distribution Contract and the EOS Token Contract. None of the block.one Parties makes any representations or warranties, express or implied, including, without limitation, any warranties of title or implied warranties of merchantability or fitness for a particular purpose with respect to the EOS Distribution Contract, the EOS Token Contract or the EOS Tokens or their utility, or the ability of anyone to purchase or use the EOS Tokens. Without limiting the foregoing, none of the block.one Parties represent or warrant that the process of purchasing the EOS Tokens or receiving the EOS Tokens will be uninterrupted or error-free or that the EOS Tokens are reliable and error-free. As a result, Buyer acknowledges and understands that Buyer may never receive EOS Tokens and may lose the entire amount Buyer paid to Company. Buyer shall provide an accurate digital wallet address to Company for receipt of any EOS Tokens distributed to Buyer pursuant to the EOS Distribution Contract and the EOS Token Contract.

2.5. Not an Offering of Securities, Commodities, or Swaps. The sale of EOS Tokens and the EOS Tokens themselves are not securities, commodities, swaps on either securities or commodities or a financial instrument of any kind. Purchases and sales of EOS Tokens are not subject to the protections of any laws governing those types of financial instruments. This Agreement and all other documents referred to in this Agreement including the White Paper do not constitute a prospectus or offering document, and are not an offer to sell, nor the solicitation of an offer to buy an investment, a security, commodity, or a swap on either a security or commodity.

2.6. Not an Investment. Buyer should not participate in the EOS Token Distribution or purchase EOS Tokens for investment purposes. EOS Tokens are not designed for investment purposes and should not be considered as a type of investment. Within twenty-three (23) hours from the end of the EOS Distribution Period, all EOS Tokens will no longer be transferable and the EOS Token Contract will prevent all further transfers and public key mappings. At this point, the distribution of EOS Tokens will be complete. Buyer acknowledges, understands and agrees that Buyer should not expect and there is no guarantee or representation or warranty by Company that: (a) the EOS.IO Software will ever be adopted; (b) the EOS.IO Software will be adopted as developed by block.one and not in a different or modified form; (c) a blockchain utilizing or adopting the EOS.IO Software will ever be launched; and (d) a blockchain will ever be launched with or without changes to the EOS.IO Software and with or without a distribution matching the fixed, non-transferable EOS Token balances. Furthermore, EOS Tokens will not have any functionality or rights on the EOS Platform and holding EOS Tokens is not a guarantee, representation or warranty that the holder will be able to use the EOS Platform, or receive any tokens utilized on the EOS Platform, even if the EOS Platform is launched and the EOS.IO Software is adopted, of which there is no guarantee, representation or warranty made by Company.

2.7. Not for Speculation. Buyer acknowledges and agrees that Buyer is not purchasing EOS Tokens for purposes of investment, speculation, as some type of arbitrage strategy, for immediate resale or other financial purposes.

ARTICLE THREE: NO OTHER RIGHTS CREATED

3.1. No Claim, Loan or Ownership Interest. The purchase of EOS Tokens: (a) does not provide Buyer with rights of any form with respect to the Company or its revenues or assets, including, but not limited to, any voting, distribution, redemption, liquidation, proprietary (including all forms of intellectual property), or other financial or legal rights; (b) is not a loan to Company; and (c) does not provide Buyer with any ownership or other interest in Company.

3.2. Intellectual Property. Company retains all right, title and interest in all of Company’s intellectual property, including, without limitation, inventions, ideas, concepts, code, discoveries, processes, marks, methods, software, compositions, formulae, techniques, information and data, whether or not patentable, copyrightable or protectable in trademark, and any trademarks, copyright or patents based thereon. Buyer may not use any of Company’s intellectual property for any reason without Company’s prior written consent.

ARTICLE FOUR: SECURITY AND DATA; TAXES

4.1. Security and Data Privacy.

1. Buyer’s Security. Buyer will implement reasonable and appropriate measures designed to secure access to: (i) any device associated with Buyer and utilized in connection with Buyer’s purchase of EOS Tokens; (ii) private keys to Buyer’s wallet or account; and (iii) any other username, passwords or other login or identifying credentials. In the event that Buyer is no longer in possession of Buyer’s private keys or any device associated with Buyer’s account or is not able to provide Buyer’s login or identifying credentials, Buyer may lose all of Buyer’s EOS Tokens and/or access to Buyer’s account. Company is under no obligation to recover any EOS Tokens and Buyer acknowledges, understands and agrees that all purchases of EOS Tokens are non-refundable and Buyer will not receive money or other compensation for any EOS Tokens purchased.

2. Additional Information. Upon Company’s request, Buyer will immediately provide to Company information and documents that Company, in its sole discretion, deems necessary or appropriate to comply with any laws, regulations, rules or agreements, including without limitation judicial process. Such documents include, but are not limited to, passport, driver’s license, utility bills, photographs of associated individuals, government identification cards, or sworn statements. Buyer consents to Company disclosing such information and documents in order to comply with applicable laws, regulations, rules or agreements. Buyer acknowledges that Company may refuse to distribute EOS Tokens to Buyer until such requested information is provided.

4.2. Taxes. Buyer acknowledges, understands and agrees that: (a) the purchase and receipt of EOS Tokens may have tax consequences for Buyer; (b) Buyer is solely responsible for Buyer’s compliance with Buyer’s tax obligations; and (c) Company bears no liability or responsibility with respect to any tax consequences to Buyer.

ARTICLE FIVE: REPRESENTATIONS AND WARRANTIES OF BUYER

By buying EOS Tokens, Buyer represents and warrants to each of the block.one Parties that:

5.1. Not a U.S. Person or Chinese Person: Buyer is not a U.S. person or a Chinese person.

5.2. Authority. Buyer has all requisite power and authority to execute and deliver this Agreement, to use the EOS Distribution Contract and the EOS Smart Contract, purchase EOS Tokens, and to carry out and perform its obligations under this Agreement.

1. If an individual, Buyer is at least 18 years old and of sufficient legal age and capacity to purchase EOS Tokens.

2. If a legal person, Buyer is duly organized, validly existing and in good standing under the laws of its domiciliary jurisdiction and each jurisdiction where it conducts business.

5.3. No Conflict. The execution, delivery and performance of this Agreement will not result in any violation of, be in conflict with, or constitute a material default under, with or without the passage of time or the giving of notice: (a) any provision of Buyer’s organizational documents, if applicable; (b) any provision of any judgment, decree or order to which Buyer is a party, by which it is bound, or to which any of its material assets are subject; (c) any material agreement, obligation, duty or commitment to which Buyer is a party or by which it is bound; or (d) any laws, regulations or rules applicable to Buyer.

5.4. No Consents or Approvals. The execution and delivery of, and performance under, this Agreement require no approval or other action from any governmental authority or person other than Buyer.

5.5. Buyer Status. Buyer is not subject to any of the disqualifying events listed in Rule 506(d)(1) of Regulation D under the Securities Act of 1933 (a “<u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">Buyer Event</u>”), and there is no proceeding or investigation pending or, to the knowledge of Buyer, threatened by any governmental authority, that would reasonably be expected to become the basis for a Buyer Event.

5.6. Buyer Knowledge and Risks of Project. Buyer has sufficient knowledge and experience in business and financial matters, including a sufficient understanding of blockchain or cryptographic tokens and other digital assets, smart contracts, storage mechanisms (such as digital or token wallets), blockchain-based software systems and blockchain technology, to be able to evaluate the risks and merits of Buyer’s purchase of EOS Tokens, including but not limited, to the matters set forth in this Agreement, and is able to bear the risks thereof, including loss of all amounts paid, loss of EOS Tokens, and liability to the block.one Parties and others for its acts and omissions, including with limitation those constituting breach of this Agreement, negligence, fraud or willful misconduct. Buyer has obtained sufficient information in order to make an informed decision to purchase EOS Tokens.

5.7. Funds; Payments.

1. Funds. The funds, including any fiat, virtual currency or cryptocurrency, Buyer uses to purchase EOS Tokens are not derived from or related to any unlawful activities, including but not limited to money laundering or terrorist financing, and Buyer will not use the EOS Tokens to finance, engage in, or otherwise support any unlawful activities.

2. Payments. All payments by Buyer under this Agreement will be made only in Buyer’s name, from a digital wallet or bank account not located in a country or territory that has been designated as a “non-cooperative country or territory” by the Financial Action Task Force, and is not a “foreign shell bank” within the meaning of the U.S. Bank Secrecy Act (31 U.S.C. § 5311 et seq.), as amended, and the regulations promulgated thereunder by the Financial Crimes Enforcement Network, as such regulations may be amended from time to time.

5.8. Miscellaneous Regulatory Compliance.

1. Anti-Money Laundering; Counter-Terrorism Financing. To the extent required by applicable law, Buyer complies with all anti-money laundering and counter-terrorism financing requirements.

2. Sanctions Compliance. Neither Buyer, nor any person having a direct or indirect beneficial interest in Buyer or EOS Tokens being acquired by Buyer, or any person for whom Buyer is acting as agent or nominee in connection with EOS Tokens, is the subject of sanctions administered or enforced by any country or government (collectively, “<u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">Sanctions</u>”) or is organized or resident in a country or territory that is the subject of country-wide or territory-wide Sanctions.

ARTICLE SIX: DISCLAIMERS

6.1. Buyer expressly acknowledges, understands and agrees that Buyer is using the EOS Distribution Contract, the EOS Token Contract and purchasing EOS Tokens at the Buyer’s sole risk and that the EOS Distribution Contract, the EOS Token Contract and EOS Tokens are each provided, used and acquired on an “AS IS” and on an “AS AVAILABLE” basis without representations, warranties, promises or guarantees whatsoever of any kind by Company and Buyer shall rely on its own examination and investigation thereof.

6.2. No Representation or Warranty. (A) COMPANY DOES NOT MAKE AND EXPRESSLY DISCLAIMS ALL REPRESENTATIONS AND WARRANTIES, EXPRESS, IMPLIED OR STATUTORY; AND (B) WITH RESPECT TO THE EOS DISTRIBUTION CONTRACT, THE EOS TOKEN CONTRACT AND THE EOS TOKENS, COMPANY SPECIFICALLY DOES NOT REPRESENT AND WARRANT AND EXPRESSLY DISCLAIMS ANY REPRESENTATION OR WARRANTY, EXPRESS, IMPLIED OR STATUTORY, INCLUDING WITHOUT LIMITATION, ANY REPRESENTATIONS OR WARRANTIES OF TITLE, NON-INFRINGEMENT, MERCHANTABILITY, USAGE, SUITABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE, OR AS TO THE WORKMANSHIP OR TECHNICAL CODING THEREOF, OR THE ABSENCE OF ANY DEFECTS THEREIN, WHETHER LATENT OR PATENT.

ARTICLE SEVEN: RISKS

EOS TOKENS MAY HAVE NO VALUE. BUYER MAY LOSE ALL AMOUNTS PAID. Buyer has carefully reviewed, acknowledges, understands and assumes the following risks, as well as all other risks associated with the EOS Tokens (including those not discussed herein), all of which could render the EOS Tokens worthless or of little value:

7.1. No Rights, Functionality or Features. EOS Tokens have no rights, uses, purpose, attributes, functionalities or features, express or implied. EOS Tokens do not entitle holders to participate on the EOS Platform, even if the EOS Platform is launched and the EOS.IO Software’s development is finished and the EOS.IO Software is adopted and implemented.

7.2. EOS Platform. Buyer should not purchase EOS Tokens in reliance on the EOS Platform because EOS Tokens are not usable on the EOS Platform and do not entitle Buyer to anything with respect to the EOS Platform.

7.3. Purchase Price Risk. The distribution of EOS Tokens will occur at the end of each set period during the EOS Distribution Period. The purchase price a buyer receives for EOS Tokens depends upon the actions of all other users sending ether (“ETH”) to the EOS Token Contract during the same period. Everyone sending ETH during the same period receives the same price. It is possible for other people to send in a large amount of ETH after Buyer and dramatically increase the price Buyer and everyone else pays per EOS Token received. There are no guarantees as to the price of EOS Tokens purchased by Buyer and no guarantees that the price per EOS Token determined each period by the market will be equal to or higher in the subsequent periods of the EOS Distribution Period. There is the possibility that the price per EOS Token in subsequent periods of the EOS Distribution Period falls below the price paid by initial buyers of EOS Tokens during the EOS Distribution Period. block.one reserves the right to change the duration of the EOS Distribution Period for any reason, including, without limitation, bugs in the EOS Distribution Contract or the EOS Token Contract or the unavailability of the Website or other unforeseen procedural or security issues.

7.4. Blockchain Delay Risk. On the Ethereum blockchain, timing of block production is determined by proof of work so block production can occur at random times. For example, ETH contributed to the EOS Smart Contract in the final seconds of a distribution period may not get included for that period. Buyer acknowledges and understands that the Ethereum blockchain may not include the Buyer’s transaction at the time Buyer expects and Buyer may not receive EOS Tokens the same day Buyer sends ETH.

7.5. Ethereum Blockchain. The Ethereum blockchain is prone to periodic congestion during which transactions can be delayed or lost. Individuals may also intentionally spam the Ethereum network in an attempt to gain an advantage in purchasing cryptographic tokens. Buyer acknowledges and understands that Ethereum block producers may not include Buyer’s transaction when Buyer wants or Buyer’s transaction may not be included at all.

7.6. Ability to Transact or Resell. Buyer may be unable to sell or otherwise transact in EOS Tokens at any time, or for the price Buyer paid. By using the EOS Distribution Contract or the EOS Token Contract or by purchasing EOS Tokens, Buyer acknowledges, understands and agrees that: (a) EOS Tokens may have no value; (b) there is no guarantee or representation of liquidity for the EOS Tokens; and (c) the block.one Parties are not and shall not be responsible for or liable for the market value of EOS Tokens, the transferability and/or liquidity of EOS Tokens and/or the availability of any market for EOS Tokens through third parties or otherwise.

7.7. Token Security. EOS Tokens may be subject to expropriation and or/theft. Hackers or other malicious groups or organizations may attempt to interfere with the EOS Distribution Contract, the EOS Token Contract or the EOS Tokens in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing and spoofing. Furthermore, because the Ethereum platform rests on open source software and EOS Tokens are based on open source software, there is the risk that Ethereum smart contracts may contain intentional or unintentional bugs or weaknesses which may negatively affect the EOS Tokens or result in the loss of Buyer’s EOS Tokens, the loss of Buyer’s ability to access or control Buyer’s EOS Tokens or the loss of ETH in Buyer’s account. In the event of such a software bug or weakness, there may be no remedy and holders of EOS Tokens are not guaranteed any remedy, refund or compensation.

7.8. Access to Private Keys. EOS Tokens purchased by Buyer may be held by Buyer in Buyer’s digital wallet or vault, which requires a private key, or a combination of private keys, for access. Accordingly, loss of requisite private key(s) associated with Buyer’s digital wallet or vault storing EOS Tokens will result in loss of such EOS Tokens, access to Buyer’s EOS Token balance and/or any initial balances in blockchains created by third parties. Moreover, any third party that gains access to such private key(s), including by gaining access to login credentials of a hosted wallet or vault service Buyer uses, may be able to misappropriate Buyer’s EOS Tokens. Company is not responsible for any such losses.

7.9. EOS Tokens Will Become Non-Transferable. Buyer acknowledges and understands that EOS Tokens will become non-transferrable within twenty-three (23) hours after the end of the EOS Distribution Period. At this time, Buyer will no longer be able to map a public key to Buyer’s account and Buyer will not be able to transfer EOS Tokens on the Ethereum blockchain. Some cryptocurrency exchanges may on their own accord enable EOS Tokens to continue trading, but the exchanges will be unable to accept new deposits or authorize withdrawals of EOS Tokens.

7.10 New Technology. The EOS.IO Software and the EOS Platform and all of the matters set forth in the White Paper are new and untested. The EOS.IO Software might not be capable of completion, implementation or adoption. It is possible that no blockchain utilizing the EOS.IO Software will be ever be launched and there may never be an operational EOS Platform. Buyer should not rely on the EOS.IO Software or the ability to receive tokens associated with the EOS Platform in the future. Even if the EOS.IO Software is completed, implemented and adopted, it might not function as intended, and any tokens associated with a blockchain adopting the EOS.IO Software may not have functionality that is desirable or valuable. Also, technology is changing rapidly, so the EOS Tokens and any tokens transferable on the EOS Platform may become outdated.

7.11. Reliance on Third-Parties. Even if completed, the EOS.IO Software will rely, in whole or partly, on third parties to adopt and implement it and to continue to develop, supply, and otherwise support it. There is no assurance or guarantee that those third parties will complete their work, properly carry out their obligations, or otherwise meet anyone’s needs, all of might have a material adverse effect on the EOS.IO Software and EOS Platform.

7.12. Failure to Map a Public Key to Buyer’s Account. Failure of Buyer to map a public key to Buyer’s account may result in third parties being unable to recognize Buyer’s EOS Token balance on the Ethereum blockchain when and if they configure the initial balances of a new blockchain based upon the EOS.IO Software of which Company makes no representation or guarantee.

7.13. Exchange & Counterparty Risks. If Buyer sends ETH to the EOS Token Contract from an exchange or an account that Buyer does not control, pursuant to the EOS Token Contract, EOS Tokens will be allocated to the account that has sent ETH; therefore, Buyer may never receive or be able to recover Buyer’s EOS Tokens. Furthermore, if Buyer chooses to maintain or hold EOS Tokens through a cryptocurrency exchange or other third party, Buyer’s EOS Tokens may be stolen or lost. In addition, third parties may not recognize Buyer’s claim to any derivative tokens if and when launched by third parties according to the distribution rules set in the EOS.IO Software. By using the EOS Distribution Contract, using the EOS Token Contract and/or by purchasing EOS Tokens, Buyer acknowledges and agrees that Buyer sends ETH to the EOS Token Contract through an exchange account and/or holds EOS Tokens on a cryptocurrency exchange or with another third party at Buyer’s own and sole risk.

7.14 Changes to the EOS.IO Software. The EOS.IO Software is still under development and may undergo significant changes over time. Although Company intends for the EOS.IO Software to have the features and specifications set forth in the White Paper, Company may make changes to such features and specifications for any number of reasons, and any party that adopts the EOS.IO Software and launches the EOS Platform also may make changes, any of which may mean that the EOS Platform does not meet Buyer’s expectations.

7.15 Risk of Alternative Blockchains based on EOS.IO Software. The EOS.IO Software will not likely be licensed under an open source license until after the end of the EOS Distribution Period; however, it is possible somebody will not respect the EOS.IO Software copyright or will modify the EOS.IO Software after it has been released under an open source license. Therefore, it is possible for someone to utilize the EOS.IO Software to build and launch blockchain protocols using a token distribution other than the one intended for the EOS Tokens pursuant to the EOS.IO Software both prior to or after the EOS.IO Software has become licensed as open source.

7.16 Risk of Lack of Transferability in Blockchain Cryptographic Token. The EOS.IO Software is built such that any blockchain that adopts the EOS.IO Software will require approval of holders of not less than 15% of the total issued and outstanding EOS Tokens before tokens on such blockchain (the "<u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">Blockchain Tokens</u>”) can be transferred. In other words, if the EOS.IO Software is adopted, it will be the responsibility of holders holding at least 15% of the issued and outstanding EOS Tokens to adopt one or more blockchains in order for Blockchain Tokens received on such blockchains to be transferrable. Buyer acknowledges, understands and agrees that if the EOS.IO Software is adopted and the requisite vote described above is not obtained, Buyer may not be able to transfer any Blockchain Tokens Buyer receives.

7.17. Project Completion. The development of the EOS.IO Software may be abandoned for a number of reasons, including, but not limited to, lack of interest from the public, lack of funding, lack of commercial success or prospects, or departure of key personnel.

7.18. Lack of Interest. Even if the EOS.IO Software is finished and adopted and the EOS Platform is launched, the ongoing success of the EOS Platform relies on the interest and participation of third parties like developers. There can be no assurance or guarantee that there will be sufficient interest or participation in the EOS Platform.

7.19. Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations and/or rules that will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact EOS Tokens in various ways, including, for example, through a determination that EOS Tokens are regulated financial instruments that require registration. Company may cease the distribution of EOS Tokens, the development of the EOS.IO Software or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

7.20. Risk of Government Action. As noted above, the industry in which Company operates is new, and may be subject to heightened oversight and scrutiny, including investigations or enforcement actions. There can be no assurance that governmental authorities will not examine the operations of Company and/or pursue enforcement actions against Company. Such governmental activities may or may not be the result of targeting Company in particular. All of this may subject Company to judgments, settlements, fines or penalties, or cause Company to restructure its operations and activities or to cease offering certain products or services, all of which could harm Company’s reputation or lead to higher operational costs, which may in turn have a material adverse effect on the EOS Tokens and/or the development of the EOS.IO Software.

ARTICLE EIGHT: LIMITATION OF LIABILITY; INDEMNIFICATION

8.1. Limitation of Liability. To the fullest extent permitted by applicable law, Buyer disclaims any right or cause of action against the block.one Parties of any kind in any jurisdiction that would give rise to any Damages whatsoever, on the part of any block.one Party. Each of the block.one Parties shall not be liable to Buyer for any type of Damages, even if and notwithstanding the extent a block.one Party has been advised of the possibility of such Damages. Buyer agrees not to seek any refund, compensation or reimbursement from a block.one Party, regardless of the reason, and regardless of whether the reason is identified in this Agreement.

8.2. Damages. In no circumstances will the aggregate joint liability of the block.one Parties, whether in contract, warrant, tort or other theory, for Damages to Buyer under this Agreement exceed the amount received by Company from Buyer.

8.3. Force Majeure. Buyer understands and agrees that Company shall not be liable and disclaims all liability to Buyer in connection with any force majeure event, including acts of God, labour disputes or other industrial disturbances, electrical, telecommunications, hardware, software or other utility failures, software or smart contract bugs or weaknesses, earthquakes, storms, or other nature-related events, blockages, embargoes, riots, acts or orders of government, acts of terrorism or war, technological change, changes in interest rates or other monetary conditions, and, for the avoidance of doubt, changes to any blockchain-related protocol.

8.4 Release. To the fullest extent permitted by applicable law, Buyer releases the block.one Parties from responsibility, liability, claims, demands, and/or Damages (actual and consequential) of every kind and nature, known and unknown (including, but not limited to, claims of negligence), arising out of or related to disputes between Buyer and the acts or omissions of third parties.

8.5 Indemnification.

1. To the fullest extent permitted by applicable law, Buyer will indemnify, defend and hold harmless and reimburse the block.one Parties from and against any and all actions, proceedings, claims, Damages, demands and actions (including without limitation fees and expenses of counsel), incurred by a block.one Party arising from or relating to: (i) Buyer’s purchase or use of EOS Tokens; (ii) Buyer’s responsibilities or obligations under this Agreement; (iii) Buyer’s breach of or violation of this Agreement; (iv) any inaccuracy in any representation or warranty of Buyer; (v) Buyer’s violation of any rights of any other person or entity; and/or (vi) any act or omission of Buyer that is negligent, unlawful or constitutes willful misconduct.

2. Company reserves the right to exercise sole control over the defense, at Buyer’s expense, of any claim subject to indemnification under this Section 8.5. This indemnity is in addition to, and not in lieu of, any other indemnities set forth in a written agreement between Buyer and Company.

ARTICLE NINE: DISPUTE RESOLUTION

9.1. Informal Dispute Resolution. Buyer and Company shall cooperate in good faith to resolve any dispute, controversy or claim arising out of, relating to or in connection with this Agreement, including with respect to the formation, applicability, breach, termination, validity or enforceability thereof (a “<u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">Dispute</u>”). If the Parties are unable to resolve a Dispute within ninety (90) days of notice of such Dispute being received by all Parties, such Dispute shall be finally settled by Binding Arbitration as defined in Section 9.2 below.

9.2. Binding Arbitration. Any Dispute not resolved within 90 days as set forth in Section 9.1 shall be referred to and finally resolved by arbitration under the London Court of International Arbitration (LCIA) rules in effect at the time of the arbitration, except as they may be modified herein or by mutual agreement of the Parties. The number of arbitrators shall be one who shall be selected by Company. The seat, or legal place, of arbitration shall be London, England. The language to be used in the arbitral proceedings shall be English. The governing law of the Agreement shall be as set forth in Section 10.1 herein. The arbitration award shall be final and binding on the Parties (“<u style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline;">Binding Arbitration</u>”). The Parties undertake to carry out any award without delay and waive their right to any form of recourse insofar as such waiver can validly be made. Judgment upon the award may be entered by any court having jurisdiction thereof or having jurisdiction over the relevant Party or its assets. Company and Buyer will each pay their respective attorneys’ fees and expenses. Notwithstanding the foregoing, Company reserves the right, in its sole and exclusive discretion, to assume responsibility for any or all of the costs of the arbitration.

9.3. No Class Arbitrations, Class Actions or Representative Actions. Any dispute arising out of or related to this Agreement is personal to Buyer and Company and will not be brought as a class arbitration, class action or any other type of representative proceeding. There will be no class arbitration or arbitration in which an individual attempts to resolve a dispute as a representative of another individual or group of individuals. Further, a dispute cannot be brought as a class or other type of representative action, whether within or outside of arbitration, or on behalf of any other individual or group of individuals.

ARTICLE TEN: MISCELLANEOUS

10.1. Governing Law and Venue. This Agreement shall be governed in all respects, including as to validity, interpretation and effect, by the laws of the Cayman Islands, without giving effect to its principles or rules of conflict of laws, to the extent such principles or rules are not mandatorily applicable by statute and would permit or require the application of the laws of another jurisdiction.

10.2. Assignment. Buyer shall not assign this Agreement without the prior written consent of block.one. Any assignment or transfer in violation of this Section 10.2 will be void. Company may assign this Agreement to an affiliate. Subject to the foregoing, this Agreement, and the rights and obligations of the Parties hereunder, will be binding upon and inure to the benefit of their respective successors, assigns, heirs, executors, administrators and legal representatives.

10.3. Entire Agreement. This Agreement, including the exhibits attached hereto and the materials incorporated herein by reference, constitutes the entire agreement between the Parties and supersedes all prior or contemporaneous agreements and understandings, both written and oral, between the Parties with respect to the subject matter hereof, including, without limitation, any public or other statements or presentations made by any block.one Party about the EOS Tokens, the EOS.IO Software, the EOS Platform, Blockchain Tokens or any other tokens on the EOS Platform.

10.4. Severability. If any provision of this Agreement is determined by a court of competent jurisdiction to be invalid, inoperative or unenforceable for any reason, the provision shall be modified to make it valid and, to the extent possible, effectuate the original intent of the Parties as closely as possible in an acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the fullest extent possible.

10.5. Modification of Agreement. Company may modify this Agreement at any time by posting a revised version on the Website, available at https://eos.io/purchase-agreement. The modified terms will become effective upon posting. It is Buyer’s responsibility to check the Website regularly for modifications to this Agreement. This Agreement was last modified on the date listed at the beginning of this Agreement.

10.6. Termination of Agreement; Survival. This Agreement will terminate upon the completion of all sales in the EOS Token Distribution. Company reserves the right to terminate this Agreement, in its sole discretion, in the event that Buyer breaches this Agreement. Upon termination of this Agreement: (a) all of Buyer’s rights under this Agreement immediately terminate; (b) Buyer is not entitled to a refund of any amount paid; and (c) Articles 3, 4, 6, 7, 8, 9, and 10 will continue to apply in accordance with their terms.

10.7. No Waivers. The failure by Company to exercise or enforce any right or provision of this Agreement will not constitute a present or future waiver of such right or provision nor limit Company’s right to enforce such right or provision at a later time. All waivers by Company must be unequivocal and in writing to be effective.

10.8. No Partnership; No Agency; No Third Party Beneficiaries. Nothing in this Agreement and no action taken by the Parties shall constitute, or be deemed to constitute, a partnership, association, joint venture or other co-operative entity between the Parties. Nothing in this Agreement and no action taken by the Parties pursuant to this Agreement shall constitute, or be deemed to constitute, either Party the agent of the other Party for any purpose. No Party has, pursuant to this Agreement, any authority or power to bind or to contract in the name of the other Party. This Agreement does not create any third party beneficiary rights in any person.

10.9. Electronic Communications. Buyer agrees and acknowledges that all agreements, notices, disclosures and other communications that Company provides Buyer pursuant to this Agreement or in connection with or related to Buyer’s purchase of EOS Tokens, including this Agreement, may be provided by Company, in its sole discretion, to Buyer, in electronic form.

EXHIBIT A

EOS TOKEN DISTRIBUTION

The EOS Token Distribution will take place over 341 days starting on June 26, 2017 at 13:00 UTC. One billion (1,000,000,000) EOS Tokens will be distributed according to the schedule below:

1. 200,000,000 EOS Tokens (20% of the total amount of EOS Tokens to be distributed) will be distributed during a 5 day period beginning on June 26, 2017 at 13:00 UTC and ending on July 1, 2017 at 12:59:59 UTC.

2. 700,000,000 EOS Tokens (70% of the total amount of EOS Tokens to be distributed) will then be split evenly into 350 consecutive 23 hour periods of 2,000,000 EOS tokens each beginning on July 1, 2017 at 13:00:00 UTC.

3. 100,000,000 EOS (10% of the total amount of EOS Tokens to be distributed) will be reserved for block.one and cannot be traded or transferred on the Ethereum network.

At the end of the 5 day period and at the end of each 23 hour period referred to above, the respective set number of EOS Tokens set forth above will be distributed pro rata amongst all authorized purchasers, based on the total ETH contributed during those periods, respectively, as follows:

image

Where:

a = Total ETH contributed by an authorized purchaser during the period.

b = Total number of EOS Tokens available for distribution in the period.

c = Total ETH contributed by all authorized purchasers during the period.

*As an *example:

1. 20 EOS Tokens are available during a period.

2. Bob contributes 4 ETH and Alice contributes 1 ETH during the period. The period ends.

3. As a total of 5 ETH were contributed for 20 EOS Tokens during the period, 1 EOS Token will be distributed for every 0.25 ETH contributed. Therefore, Bob receives 16 EOS Tokens and Alice receives 4 EOS Tokens.

If an EOS Platform adopting the EOS.IO Software is launched, the default EOS.IO Software configuration developed by block.one will lock new founders tokens distributed pursuant to such EOS Platform in a smart contract and release 10,000,000 (10%) of such tokens to block.one at the end of each one year anniversary of the genesis block over a period of 10 years. The EOS.IO Software configuration of the EOS Platform will be ultimately determined by a third party who initializes a genesis block and starts the EOS Platform.