TERMS AND CONDITIONS

This agreement sets out the terms and conditions ('Terms and Conditions') applicable to members of the SupplierBoard.com service, operated by Digital Domains LLC. Applicants (referred to as 'members') must agree to the following Terms and Conditions. In the event a member breaches or otherwise fails to comply with any provision of these Terms and Conditions then in addition to any other remedy available to SupplierBoard.com, SupplierBoard.com may terminate the participation of such member in the service and/or may withhold any payments relating to participation in the service due to such member from SupplierBoard.com.

ELIGIBILITY REQUIREMENTS

SupplierBoard.com shall have absolute discretion as to whether or not it accepts a particular applicant or site for participation in the service.

REMOVAL FROM NETWORK

SupplierBoard.com reserves the right to terminate the participation of any member or site without reason but expressly including any member site that SupplierBoard.com judges to be in violation of the Terms and Conditions.

Members in violation of SupplierBoard.com's Terms and Conditions will be immediately deactivated. SupplierBoard.com may deactivate members with no prior notification. Members found in violation of the Terms and Conditions will not receive any credit or payment from SupplierBoard.com. Members that are terminated by SupplierBoard.com on any basis other than violation of these Terms and Conditions will be entitled to receive any payment due from SupplierBoard.com.

PAYMENTS

SupplierBoard.com will typically print and mail cheques if the member requests it AND their account balance is equal to or greater than $30. This also applies to payments made through the PayPal service. All amounts are stated in and all payments will be made in US funds. We verify all deposits and might ask you to verify yours; If you refuse to send verification information via E-mail, Fax or Phone, we reserve the right to refund the deposit and terminate your account. SupplierBoard.com reserves the right to suspend a withdrawal if the source of the funds is suspected to be fraudulent. Any funds received from an account having made a fraudulent deposit (e.g. stolen credit card) will be reversed immediately. If in a fraudulent payment situation a withdrawal has already been processed, you will be expected to return the funds to your SupplierBoard.com account or face account termination.

As previously stated, any member site that SupplierBoard.com removes from the service due to violation of the Terms and Conditions will receive no credit or payment.

COPYRIGHTS

No copyright material can be posted on SupplierBoard.com. This is meant to protect the author's rights.

MODIFICATIONS

SupplierBoard.com reserves the right to change the member Terms and Conditions at any time. It is the member's responsibility to check these Terms and Conditions from time to time for such changes. In the event SupplierBoard.com offers any additional or replacement services then this agreement shall apply to such services in the absence of any new agreement specific to such services which is entered into between the parties.

OWNERSHIP

Members agree that all information contained on a website operated by Digital Domains LLC, and all information compiled by SupplierBoard.com through operation of the affiliate program, is the proprietary information of SupplierBoard.com. Personal information provided by members to SupplierBoard.com will be kept confidential and will not be distributed to any third party.

E-MAIL ADDRESSES

Members agree not to post their e-mail address on the site, except in the "e-mail" field of the signup form, or when asked by SupplierBoard.com at any other time. There should be no need to give anyone your e-mail address. It is automatically provided if you choose a programmer (or you are the programmer chosen for) a project, and before that time you can use the message board to communicate. This does not only apply to e-mail addresses, but to all methods of communication, including phone, ICQ, AIM, MSN Messenger, etc... See "Avoiding Commissions" below for the reason.

PROVIDING CONTACT INFORMATION

You are prohibited from making direct contact with another member, unless it's for a project you (a programmer) have been picked for, or you (a webmaster) have picked a programmer for. This includes giving out your e-mail address, ICQ number, phone number, or any other method of contact outside of this site. SupplierBoard.com provides you with message boards, which should be sufficient for pre-project planning.

AVOIDING COMMISSIONS

You are strictly prohibited from attempting to negotiate the fee for a project with another member directly (outside of SupplierBoard.com) after that project has been created/opened and before that project has been closed (basically, during an ongoing project). But this also applies to any project that was closed without a programmer being chosen, and then contacting them about the project anyway. Both parties are responsible for notifying SupplierBoard.com if the payment amount increases (above the bid amount) after the project is closed. Receiving a larger amount than the original project bid, without notifying us, will be considered an attempt to avoid the commissions. When a programmer requests a withdrawal, we always review all payments received for each project to verify that they match the bid. If at the time of a withdrawal request the programmer has failed to notify SupplierBoard.com staff of a payment received above the amount of his bid (a total payment above US$100), SupplierBoard.com reserves the right to deduct double the fee for the amount that should have been reported. We believe our commissions are very fair and justified for the service we provide, therefore we will absolutely not tolerate any of this activity on SupplierBoard.com.

BIDDING

Suppliers can only place bids that equal the total amount of money they are requesting for the project. You cannot post an hourly bid or any other abnormal type of bid. This applies to Buyers too. Buyers cannot create projects that directly or indirectly require Suppliers to place hourly or other abnormal bids.

POSTING PROJECTS

New users are limited to the posting of only 3 projects before being asked to make a deposit. This is meant to protect other users and prevent fraudulent activity. A user is required to deposit any amount of funds before they gain the right to post unlimited projects. A user may request higher posting limits, under special circumstances, by simply contacting SupplierBoard.com support.

FEATURED PROJECTS

The following conditions are here to prevent abuse of the "Featured project" feature on SupplierBoard.com. The maximum amount of money a programmer can receive for a Featured project, through the SupplierBoard.com system, without being charged a fee, is $2,500. Any amount received above $2,500 will be subject to the regular fee of 5%. Note that this condition only applies to money received with the SupplierBoard.com system; you can receive more than $2,500 for a single Featured project, without being charged a fee, if the payment is made outside of SupplierBoard.com. If this condition applies to a payment you received on SupplierBoard.com, you must notify us of the amount so that we can apply a 5% fee to the amount above $2,500. Failure to notify us could result in temporary account suspension.

ADVERTISING

You are prohibited from advertising your website on SupplierBoard.com. Any URL posted in a bid, project description, or the message board, must relate to a project on SupplierBoard.com. An example of a permissible URL: your portfolio or resumé page.

THE ROLE OF PROBIDS

SupplierBoard.com functions as a venue to connect Buyers and Suppliers in a virtual marketplace. As a neutral facilitator, SupplierBoard.com is not directly involved in the actual transactions between users of the Site. As a result, SupplierBoard.com has no control over the truth, accuracy, quality, legality, or safety of postings made by users. Because verifying the identity of a user on the Internet is difficult, SupplierBoard.com cannot and does not confirm the identity of users. SupplierBoard.com also does not confirm nor verify the qualifications, background, or abilities of users. Therefore, We recommend that you be careful and exercise common sense and good judgment when dealing with any member on the Site. You are enouraged to review our Project Guidlines before taking part in a project. If you are unsatisifed with another member, the most SupplierBoard.com can do is refund the project commission you have been charged by us. We cannot refund the money you have sent to someone, we are not responsible for your transactions. SupplierBoard.com is not responsible for fraudulent payments made by users and cannot be held liable for financial loss incurred from fraudulent transactions. It is the receiver's responsibility to verify the identity and background of the sender.

AND FINALLY...

We thank you for choosing the SupplierBoard.com service and we look forward to a mutually successful business relationship