Legal

Terms

M Science Terms

M Science LLC and its affiliates (“M Science”) provide this web site and all information contained herein (collectively, the “Web site”) subject to your compliance with the terms and conditions set forth below. Please read the following information carefully before continuing to use this Web site. By using this Web site or any service of this Web site, you signify your acceptance of these terms of use (“Terms of Use”). BY USING THE SITE, YOU AGREE TO THESE TERMS OF USE; IF YOU DO NOT AGREE, DO NOT USE THE SITE.

GENERAL LEGAL INFORMATION
This Web site is for informational purposes only. None of the information contained on this Web site constitutes a solicitation, offer, opinion, or recommendation by M Science to buy or sell any securities or other financial instruments, or to provide legal, tax, accounting, or investment advice, or services regarding the suitability, or profitability of any security or investment, or to participate in any particular trading strategy in any jurisdiction in which such offer, solicitation or trading strategy would be unlawful. M Science is not acting as broker, dealer, underwriter, placement agent, or investment adviser in connection with any security referenced on this Web site. The securities or investment strategies that may be discussed on this Web site might not be suitable for you. M Science assumes all sources and information to be truthful and reliable, but does not warrant or guarantee their accuracy, validity, timeliness or completeness. All statements contained in this site are deemed to be as of the date they are provided and are subject to change without notice.

DISCLOSURE OF SECURITY POSITIONS
M Science employees may have a position in any securities discussed on the Web site.

MODIFICATION AND MONITORING OF WEB SITE
M Science reserves the right (but does not have the obligation), in its sole discretion, to change, modify, add or remove portions of these terms and conditions at any time and to monitor any and all use of this Web site. Accordingly, please check the Terms of Use periodically for any changes. Your use of the Web site or any service on this Web site after the posting of such modifications will constitute your acceptance of the modified Terms of Use. Any terms and conditions proposed by you which are in addition to or which conflict with the Terms of Use are expressly rejected by M Science and shall be void.

ELECTRONIC RECORDING & COOKIES
Access to the Site is not confidential and you hereby consent to our collection of information that you send to us and that we send to you through this Web site. You acknowledge and consent that M Science may retain and use this information for its own internal purposes and that such recording applies to all information and data that you enter into this Web site including, without limitation, all tools or calculators included herein. You acknowledge and agree that M Science may store information on your computer using “cookies.” A cookie is a file containing information that a Web site sends to a local hard disk for access by the Web site at a later time for various Web site administration and related purposes. You acknowledge and agree that any communication between you and M Science via this Web site is not encrypted.

RESTRICTIONS ON USE
The information provided on this Web site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation, or which would subject M Science to any registration requirement within such jurisdiction or country. You may not use this Web site for any illegal purpose or in any manner inconsistent with the Terms of Use. You agree not to use, transfer, dispose, or distribute any information on this Web site in any manner that could compete with M Science’s business.

You may not copy, reproduce, republish, recompile, redeliver, decompile, disassemble, reverse engineer, distribute, publish, display, modify, upload, post, transmit, create derivative works from, use “frame” technology on, or in any other way create a misimpression or confusion among users with respect to sponsorship or affiliation, or exploit in any way material from M Science’s Web site. Notwithstanding the foregoing, the user may download a single copy of any support document or user guide for his or her own personal use, provided that such materials are maintained in their original form and are not redistributed to other individuals or entities for any purpose.

You may not in any way reproduce or circumvent the navigational structure or presentation of the Web site or any content, to obtain or attempt to obtain any materials, documents or information through any means not purposely made available through the Web site. M Science reserves the right to bar any such activity.

You may not attempt to gain unauthorized access to any portion or feature of the Web site, or any other systems or networks connected to the Web site or to any M Science server, or to any of the services offered on or through the Web site, by hacking, password “mining” or any other illegitimate means.

You may not probe, scan or test the vulnerability of the Web site or any network connected to the Web site, nor breach the security or authentication measures on the Web site or any network connected to the Web site. You may not reverse look-up, trace or seek to trace any information on any other user of or visitor to the Web site, or any other customer of M Science, including any M Science account not owned by you, to its source, or exploit the Web site or any service or information made available or offered by or through the Web site, in any way where the purpose is to reveal any information, including but not limited to personal identification or information, other than your own information, as provided for by the Web site.

You agree that you will not take any action that imposes an unreasonable or disproportionately large load on the infrastructure of the Web site or M Science’s systems or networks, or any systems or networks connected to the Web site or to M Science.

You agree not to use any device, software or routine to interfere or attempt to interfere with the proper working of the Web site or any transaction being conducted on the Web site, or with any other person’s use of the Web site.

You may not forge headers or otherwise manipulate identifiers in order to disguise the origin of any message or transmittal you send to M Science on or through the Web site or any service offered on or through the Web site. You may not pretend that you are, or that you represent, someone else, or impersonate any other individual or entity.

DISCLAIMER OF WARRANTY
DATA, SOFTWARE OR INFORMATION (THE “MATERIALS”) PROVIDED BY OR OTHERWISE MADE AVAILABLE BY M SCIENCE, OR ANY MEMBER, DIRECTOR, OFFICER, EMPLOYEE, AGENT OR CONTRACTOR OF M SCIENCE, IS FOR INFORMATIONAL PURPOSES ONLY, AND IS PROVIDED BY M SCIENCE ON AN “AS IS” BASIS. TO THE FULLEST EXTENT PERMITTED BY LAW, M SCIENCE EXPRESSLY DISCLAIMS ANY AND ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT. IN NO EVENT SHALL M SCIENCE BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES OF ANY KIND WHATSOEVER (INCLUDING, BUT NOT LIMITED TO, LOST PROFITS, TRADING LOSSES, AND DAMAGES THAT MAY RESULT FROM THE USE OF THE DATA AND INFORMATION, ANY DELAY OR INTERRUPTION OF SERVICE, OR OMISSIONS OR INACCURACIES IN THE INFORMATION) WITH RESPECT TO THE MATERIALS. THE USER, AS A CONDITION TO VIEWING THE DATA AND INFORMATION OR DOWNLOADING OR USING ANY SOFTWARE, EXPRESSLY WAIVES ANY CLAIM IT MAY HAVE AGAINST M SCIENCE.

LIMITATION OF LIABILITY
In no event shall M Science, nor any director, officer or employee of M Science, nor any third party provider of M Science be liable to users of this Web site for: (a) any loss or injury caused, in whole or in part, by its actions, omissions or negligence, or for contingencies beyond its control, in procuring, compiling, or delivering the Materials or other matters presented at the Web site; (b) any errors, omissions or inaccuracies in the Materials presented in this Web site regardless of how caused, or delays or interruptions in delivery of the Materials or other matters presented in this Web site; (c) any decision made or action taken or not taken in reliance upon the Materials or other matters presented in this Web site; (d) any damages or injury resulting from your access to this Web site, including, but not limited to, damage to or failure by your computer equipment or other property, communication line failures, computer viruses or inability to access this Internet site; or (e) any other direct, special, indirect, or consequential damages, or loss of profits or any other damages of any kind even if M Science or any other party has been advised of the possibility thereof. Any Materials downloaded or otherwise obtained through the use of this Web site is done at your own discretion and risk, and you will be solely responsible for any damage to your computer system or loss of data that results from the download of such Materials.

WAIVER AND INDEMNITY
BY USING THE WEBSITE, YOU AGREE, TO THE EXTENT PERMITTED BY LAW, TO INDEMNIFY AND HOLD M SCIENCE, AND DIRECTORS, OFFICERS, EMPLOYEES, AFFILIATES, AGENTS, CONTRACTORS AND LICENSORS OF M SCIENCE, HARMLESS WITH RESPECT TO ANY CLAIMS ARISING OUT OF YOUR BREACH OF THESE TERMS OF USE, YOUR USE OF THE WEB SITE OR ANY MATERIALS, OR ANY ACTION TAKEN BY M SCIENCE AS PART OF ITS INVESTIGATION OF A SUSPECTED VIOLATION OF THESE TERMS OF USE OR AS A RESULT OF ITS FINDING OR DECISION THAT A VIOLATION OF THESE TERMS OF USE HAS OCCURRED. THIS MEANS THAT YOU CANNOT SUE OR RECOVER ANY DAMAGES FROM M SCIENCE, OR ANY DIRECTOR, OFFICER, EMPLOYEE, AFFILIATE, AGENT, CONTRACTOR OR LICENSOR OF M SCIENCE, AS A RESULT OF ITS DECISION TO REMOVE OR REFUSE TO PROCESS ANY INFORMATION OR CONTENT, TO WARN YOU, TO SUSPEND OR TERMINATE YOUR ACCESS TO THE WEB SITE, OR TO TAKE ANY OTHER ACTION DURING THE INVESTIGATION OF A SUSPECTED VIOLATION OR AS A RESULT OF M SCIENCE’S CONCLUSION THAT A VIOLATION OF THESE TERMS OF USE HAS OCCURRED. THIS WAIVER AND INDEMNITY PROVISION APPLIES TO ALL VIOLATIONS DESCRIBED IN OR CONTEMPLATED BY THESE TERMS OF USE.

ELECTRONIC CONTRACTING
Your use of the Web site may include the ability to enter into agreements and/or to make transactions electronically. YOU ACKNOWLEDGE THAT YOUR ELECTRONIC SUBMISSIONS CONSTITUTE YOUR AGREEMENT AND INTENT TO BE BOUND BY SUCH AGREEMENTS AND TRANSACTIONS. YOUR AGREEMENT AND INTENT TO BE BOUND BY ELECTRONIC SUBMISSIONS APPLIES TO ALL RECORDS RELATING TO ALL TRANSACTIONS YOU ENTER INTO ON THIS WEB SITE, INCLUDING NOTICES OF CANCELLATION, POLICIES, CONTRACTS, AND APPLICATIONS. In order to access and retain your electronic records, you may be required to have certain hardware and software, which are your sole responsibility. M Science is not responsible for typographic errors.

RESEARCH REPORTS
We may provide users with certain research and analysis. These Materials may be developed directly by us, or by third-party providers and offered through us. M Science does not endorse the recommendations, advice, opinions, or judgments contained in research developed by third-party providers, which is provided as a convenience to the users of this Web site. M Science research may not be personalized, or in any way tailored to reflect your personal financial circumstances or investment objectives, and the securities or investment strategies discussed may not be suitable for you. Certain transactions give rise to substantial risk and are not suitable for all investors. We make no guarantees as to the accuracy, completeness, timeliness, or usefulness of these Materials. These Materials are made available for your personal use only, and may not be retransmitted or republished without M Science’s prior approval. While we endeavor to update on a reasonable basis the information discussed in this Material, there may be regulatory, compliance, or other reasons that prevent us from doing so.

If you wish to notify M Science of any issues or concerns associated with M Science practices or services, please email M Science at legalnotices@mscience.com.

WEB SITE CONTENT; COPYRIGHTS
This Web site, including but not limited to the text, content, photographs, software, images, video, audio, and graphics contained in this Web site are protected by copyrights, trademarks, service marks, international treaties, and other proprietary rights and laws of the United States and other countries as a collective work and/or compilation. Unless otherwise indicated, M Science owns a copyright in all content as well as the selection, coordination, arrangement, and enhancement of such content. Reproduction or citation of such content, information, products, or software without M Science’s prior written consent is expressly prohibited. Users agree not to copy, modify, adapt, reproduce, translate, distribute, transmit, reverse engineer, decompile, or dissemble any Materials appearing on this Web site.

Users agree to abide by all applicable intellectual property laws, as well as any additional notices or restrictions contained in the Web site. Unauthorized use of this Web site and the Materials contained on this Web site may violate applicable copyright, trademark or other intellectual property laws or other laws.

M Science respects the intellectual property of others. If you believe that your work has been copied in a way that constitutes copyright infringement or are aware of any infringing material placed by any third party on this Web site, please contact us at info@mscience.com. In your notification, please provide us with the following information: (a) an electronic or physical signature of the person authorized to act on behalf of the copyright owner; (b) a description of the copyrighted work that you claim has been infringed; (c) a description of where on our site the material is located; (d) your address, telephone number and email address; (e) a statement by you that you have a good faith belief that the use is not authorized by the copyright owner, its agent or the law; and (f) a statement by you, made under penalty of perjury, that the information in your notice is accurate and that you’re the copyright owner or authorized to act on behalf of the copyright owner.

THIRD PARTY MATERIALS
Certain content and services available via the Web site may include materials from third parties. M Science may provide links to third-party websites as a convenience to you. You agree that M Science is not responsible for examining or evaluating the content or accuracy and M Science does not warrant and will not have any liability or responsibility for any third-party materials or websites, or for any other materials, products, or services of third parties. You agree that you will not use any third-party materials in a manner that would infringe or violate the rights of any other party and that M Science is not in any way responsible for any such use by you.

TERMINATION
M Science, at its sole discretion, at any time, for any reason or no reason and without notice to you may: (a) terminate this agreement and/or your access to the Web site, and/or (b) terminate the license to any software; and/or (c) preclude access to the Web site (or any part thereof).

M Science reserves the right to modify, suspend, or discontinue the Web site or any associated services (or any part or content thereof) at any time with or without notice to you, and M Science will not be liable to you or to any third party should it exercise such rights.

TRADEMARKS
The trademarks, service marks, and logos (collectively, the “Trademarks”) displayed on this Web site are registered and/or common law trademarks of M Science and various third parties. Nothing contained on this Web site should be construed as granting, by implication, or otherwise, any license or right to use any of the Trademarks without the written permission of M Science or such other party that may own the Trademarks.

All other brand and product names appearing on this site may be the trademarks or service marks of their respective owners.

PATENTS
Certain M Science products, services, features, and methods described on this Web site or otherwise available from M Science are covered by the following U.S. patents, as well as various pending patent applications and non-U.S. counterparts: U.S. Patent Nos. 8,380,594, and 8,793,173.

USE OF LINKS
Users may include a link to the Web site: (a) in a simple list of companies, by linking to the homepage; or (b) in a list of companies that offers descriptions along with links, provided that M Science has approved such description. Linking to other pages or content within the www.mscience.com Web site is prohibited, unless expressly permitted by M Science.

M Science has not developed, checked for accuracy, or otherwise reviewed other web sites linked to this Web site and is not responsible for the content of any web site linked to this Web site. M Science provides links to other web sites solely as a convenience to the users of this Web site. Linking to any other web site is done at the risk of the user. By providing access to the linked web sites, neither M Science nor its third party providers are recommending the purchase or sale of the stock nor endorsing the services provided by the web sites’ sponsoring organization. M Science has not tested any information, software, or products found on any of the web sites linked to this Web site, and therefore M Science does not make any representations with respect thereto, including any representations regarding the content or sponsors of the web site, or the suitability or appropriateness of the products or transactions described therein.

SEVERABILITY
If any provision of the Terms of Use is deemed unlawful, void or unenforceable for any reason, that provision will be deemed severable from these terms and will not affect the validity and enforceability of the remaining provisions.

GOVERNING LAW
The Terms of Use shall be governed and construed in accordance with the laws of the United States and the State of New York, without giving effect to conflicts-of-law principles thereof. You agree to submit to the personal jurisdiction of the state and federal courts located in New York County in the State of New York with respect to any legal proceedings that may arise in connection with this Web site or from a dispute as to the interpretation or breach of the Terms of Use.

ENTIRE AGREEMENT
The Terms of Use constitutes the entire agreement between user and M Science relating to the use of this Web site. Users may also be subject to additional terms and conditions that may apply when users use affiliate services, third-party content or third-party software.

USE SUBJECT TO AGREEMENTS
The products and services described in this Web site are subject to these disclosures and disclaimers. If you are a customer, use of such products and services are also subject to the various agreements you have with M Science.

Terms

M Science Terms

M Science LLC and its affiliates (“M Science”) provide this web site and all information contained herein (collectively, the “Web site”) subject to your compliance with the terms and conditions set forth below. Please read the following information carefully before continuing to use this Web site. By using this Web site or any service of this Web site, you signify your acceptance of these terms of use (“Terms of Use”). BY USING THE SITE, YOU AGREE TO THESE TERMS OF USE; IF YOU DO NOT AGREE, DO NOT USE THE SITE.

GENERAL LEGAL INFORMATION
This Web site is for informational purposes only. None of the information contained on this Web site constitutes a solicitation, offer, opinion, or recommendation by M Science to buy or sell any securities or other financial instruments, or to provide legal, tax, accounting, or investment advice, or services regarding the suitability, or profitability of any security or investment, or to participate in any particular trading strategy in any jurisdiction in which such offer, solicitation or trading strategy would be unlawful. M Science is not acting as broker, dealer, underwriter, placement agent, or investment adviser in connection with any security referenced on this Web site. The securities or investment strategies that may be discussed on this Web site might not be suitable for you. M Science assumes all sources and information to be truthful and reliable, but does not warrant or guarantee their accuracy, validity, timeliness or completeness. All statements contained in this site are deemed to be as of the date they are provided and are subject to change without notice.

DISCLOSURE OF SECURITY POSITIONS
M Science employees may have a position in any securities discussed on the Web site.

MODIFICATION AND MONITORING OF WEB SITE
M Science reserves the right (but does not have the obligation), in its sole discretion, to change, modify, add or remove portions of these terms and conditions at any time and to monitor any and all use of this Web site. Accordingly, please check the Terms of Use periodically for any changes. Your use of the Web site or any service on this Web site after the posting of such modifications will constitute your acceptance of the modified Terms of Use. Any terms and conditions proposed by you which are in addition to or which conflict with the Terms of Use are expressly rejected by M Science and shall be void.

ELECTRONIC RECORDING & COOKIES
Access to the Site is not confidential and you hereby consent to our collection of information that you send to us and that we send to you through this Web site. You acknowledge and consent that M Science may retain and use this information for its own internal purposes and that such recording applies to all information and data that you enter into this Web site including, without limitation, all tools or calculators included herein. You acknowledge and agree that M Science may store information on your computer using “cookies.” A cookie is a file containing information that a Web site sends to a local hard disk for access by the Web site at a later time for various Web site administration and related purposes. You acknowledge and agree that any communication between you and M Science via this Web site is not encrypted.

RESTRICTIONS ON USE
The information provided on this Web site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation, or which would subject M Science to any registration requirement within such jurisdiction or country. You may not use this Web site for any illegal purpose or in any manner inconsistent with the Terms of Use. You agree not to use, transfer, dispose, or distribute any information on this Web site in any manner that could compete with M Science’s business.

You may not copy, reproduce, republish, recompile, redeliver, decompile, disassemble, reverse engineer, distribute, publish, display, modify, upload, post, transmit, create derivative works from, use “frame” technology on, or in any other way create a misimpression or confusion among users with respect to sponsorship or affiliation, or exploit in any way material from M Science’s Web site. Notwithstanding the foregoing, the user may download a single copy of any support document or user guide for his or her own personal use, provided that such materials are maintained in their original form and are not redistributed to other individuals or entities for any purpose.

You may not in any way reproduce or circumvent the navigational structure or presentation of the Web site or any content, to obtain or attempt to obtain any materials, documents or information through any means not purposely made available through the Web site. M Science reserves the right to bar any such activity.

You may not attempt to gain unauthorized access to any portion or feature of the Web site, or any other systems or networks connected to the Web site or to any M Science server, or to any of the services offered on or through the Web site, by hacking, password “mining” or any other illegitimate means.

You may not probe, scan or test the vulnerability of the Web site or any network connected to the Web site, nor breach the security or authentication measures on the Web site or any network connected to the Web site. You may not reverse look-up, trace or seek to trace any information on any other user of or visitor to the Web site, or any other customer of M Science, including any M Science account not owned by you, to its source, or exploit the Web site or any service or information made available or offered by or through the Web site, in any way where the purpose is to reveal any information, including but not limited to personal identification or information, other than your own information, as provided for by the Web site.

You agree that you will not take any action that imposes an unreasonable or disproportionately large load on the infrastructure of the Web site or M Science’s systems or networks, or any systems or networks connected to the Web site or to M Science.

You agree not to use any device, software or routine to interfere or attempt to interfere with the proper working of the Web site or any transaction being conducted on the Web site, or with any other person’s use of the Web site.

You may not forge headers or otherwise manipulate identifiers in order to disguise the origin of any message or transmittal you send to M Science on or through the Web site or any service offered on or through the Web site. You may not pretend that you are, or that you represent, someone else, or impersonate any other individual or entity.

DISCLAIMER OF WARRANTY
DATA, SOFTWARE OR INFORMATION (THE “MATERIALS”) PROVIDED BY OR OTHERWISE MADE AVAILABLE BY M SCIENCE, OR ANY MEMBER, DIRECTOR, OFFICER, EMPLOYEE, AGENT OR CONTRACTOR OF M SCIENCE, IS FOR INFORMATIONAL PURPOSES ONLY, AND IS PROVIDED BY M SCIENCE ON AN “AS IS” BASIS. TO THE FULLEST EXTENT PERMITTED BY LAW, M SCIENCE EXPRESSLY DISCLAIMS ANY AND ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT. IN NO EVENT SHALL M SCIENCE BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES OF ANY KIND WHATSOEVER (INCLUDING, BUT NOT LIMITED TO, LOST PROFITS, TRADING LOSSES, AND DAMAGES THAT MAY RESULT FROM THE USE OF THE DATA AND INFORMATION, ANY DELAY OR INTERRUPTION OF SERVICE, OR OMISSIONS OR INACCURACIES IN THE INFORMATION) WITH RESPECT TO THE MATERIALS. THE USER, AS A CONDITION TO VIEWING THE DATA AND INFORMATION OR DOWNLOADING OR USING ANY SOFTWARE, EXPRESSLY WAIVES ANY CLAIM IT MAY HAVE AGAINST M SCIENCE.

LIMITATION OF LIABILITY
In no event shall M Science, nor any director, officer or employee of M Science, nor any third party provider of M Science be liable to users of this Web site for: (a) any loss or injury caused, in whole or in part, by its actions, omissions or negligence, or for contingencies beyond its control, in procuring, compiling, or delivering the Materials or other matters presented at the Web site; (b) any errors, omissions or inaccuracies in the Materials presented in this Web site regardless of how caused, or delays or interruptions in delivery of the Materials or other matters presented in this Web site; (c) any decision made or action taken or not taken in reliance upon the Materials or other matters presented in this Web site; (d) any damages or injury resulting from your access to this Web site, including, but not limited to, damage to or failure by your computer equipment or other property, communication line failures, computer viruses or inability to access this Internet site; or (e) any other direct, special, indirect, or consequential damages, or loss of profits or any other damages of any kind even if M Science or any other party has been advised of the possibility thereof. Any Materials downloaded or otherwise obtained through the use of this Web site is done at your own discretion and risk, and you will be solely responsible for any damage to your computer system or loss of data that results from the download of such Materials.

WAIVER AND INDEMNITY
BY USING THE WEBSITE, YOU AGREE, TO THE EXTENT PERMITTED BY LAW, TO INDEMNIFY AND HOLD M SCIENCE, AND DIRECTORS, OFFICERS, EMPLOYEES, AFFILIATES, AGENTS, CONTRACTORS AND LICENSORS OF M SCIENCE, HARMLESS WITH RESPECT TO ANY CLAIMS ARISING OUT OF YOUR BREACH OF THESE TERMS OF USE, YOUR USE OF THE WEB SITE OR ANY MATERIALS, OR ANY ACTION TAKEN BY M SCIENCE AS PART OF ITS INVESTIGATION OF A SUSPECTED VIOLATION OF THESE TERMS OF USE OR AS A RESULT OF ITS FINDING OR DECISION THAT A VIOLATION OF THESE TERMS OF USE HAS OCCURRED. THIS MEANS THAT YOU CANNOT SUE OR RECOVER ANY DAMAGES FROM M SCIENCE, OR ANY DIRECTOR, OFFICER, EMPLOYEE, AFFILIATE, AGENT, CONTRACTOR OR LICENSOR OF M SCIENCE, AS A RESULT OF ITS DECISION TO REMOVE OR REFUSE TO PROCESS ANY INFORMATION OR CONTENT, TO WARN YOU, TO SUSPEND OR TERMINATE YOUR ACCESS TO THE WEB SITE, OR TO TAKE ANY OTHER ACTION DURING THE INVESTIGATION OF A SUSPECTED VIOLATION OR AS A RESULT OF M SCIENCE’S CONCLUSION THAT A VIOLATION OF THESE TERMS OF USE HAS OCCURRED. THIS WAIVER AND INDEMNITY PROVISION APPLIES TO ALL VIOLATIONS DESCRIBED IN OR CONTEMPLATED BY THESE TERMS OF USE.

ELECTRONIC CONTRACTING
Your use of the Web site may include the ability to enter into agreements and/or to make transactions electronically. YOU ACKNOWLEDGE THAT YOUR ELECTRONIC SUBMISSIONS CONSTITUTE YOUR AGREEMENT AND INTENT TO BE BOUND BY SUCH AGREEMENTS AND TRANSACTIONS. YOUR AGREEMENT AND INTENT TO BE BOUND BY ELECTRONIC SUBMISSIONS APPLIES TO ALL RECORDS RELATING TO ALL TRANSACTIONS YOU ENTER INTO ON THIS WEB SITE, INCLUDING NOTICES OF CANCELLATION, POLICIES, CONTRACTS, AND APPLICATIONS. In order to access and retain your electronic records, you may be required to have certain hardware and software, which are your sole responsibility. M Science is not responsible for typographic errors.

RESEARCH REPORTS
We may provide users with certain research and analysis. These Materials may be developed directly by us, or by third-party providers and offered through us. M Science does not endorse the recommendations, advice, opinions, or judgments contained in research developed by third-party providers, which is provided as a convenience to the users of this Web site. M Science research may not be personalized, or in any way tailored to reflect your personal financial circumstances or investment objectives, and the securities or investment strategies discussed may not be suitable for you. Certain transactions give rise to substantial risk and are not suitable for all investors. We make no guarantees as to the accuracy, completeness, timeliness, or usefulness of these Materials. These Materials are made available for your personal use only, and may not be retransmitted or republished without M Science’s prior approval. While we endeavor to update on a reasonable basis the information discussed in this Material, there may be regulatory, compliance, or other reasons that prevent us from doing so.

If you wish to notify M Science of any issues or concerns associated with M Science practices or services, please email M Science at legalnotices@mscience.com.

WEB SITE CONTENT; COPYRIGHTS
This Web site, including but not limited to the text, content, photographs, software, images, video, audio, and graphics contained in this Web site are protected by copyrights, trademarks, service marks, international treaties, and other proprietary rights and laws of the United States and other countries as a collective work and/or compilation. Unless otherwise indicated, M Science owns a copyright in all content as well as the selection, coordination, arrangement, and enhancement of such content. Reproduction or citation of such content, information, products, or software without M Science’s prior written consent is expressly prohibited. Users agree not to copy, modify, adapt, reproduce, translate, distribute, transmit, reverse engineer, decompile, or dissemble any Materials appearing on this Web site.

Users agree to abide by all applicable intellectual property laws, as well as any additional notices or restrictions contained in the Web site. Unauthorized use of this Web site and the Materials contained on this Web site may violate applicable copyright, trademark or other intellectual property laws or other laws.

M Science respects the intellectual property of others. If you believe that your work has been copied in a way that constitutes copyright infringement or are aware of any infringing material placed by any third party on this Web site, please contact us at info@mscience.com. In your notification, please provide us with the following information: (a) an electronic or physical signature of the person authorized to act on behalf of the copyright owner; (b) a description of the copyrighted work that you claim has been infringed; (c) a description of where on our site the material is located; (d) your address, telephone number and email address; (e) a statement by you that you have a good faith belief that the use is not authorized by the copyright owner, its agent or the law; and (f) a statement by you, made under penalty of perjury, that the information in your notice is accurate and that you’re the copyright owner or authorized to act on behalf of the copyright owner.

THIRD PARTY MATERIALS
Certain content and services available via the Web site may include materials from third parties. M Science may provide links to third-party websites as a convenience to you. You agree that M Science is not responsible for examining or evaluating the content or accuracy and M Science does not warrant and will not have any liability or responsibility for any third-party materials or websites, or for any other materials, products, or services of third parties. You agree that you will not use any third-party materials in a manner that would infringe or violate the rights of any other party and that M Science is not in any way responsible for any such use by you.

TERMINATION
M Science, at its sole discretion, at any time, for any reason or no reason and without notice to you may: (a) terminate this agreement and/or your access to the Web site, and/or (b) terminate the license to any software; and/or (c) preclude access to the Web site (or any part thereof).

M Science reserves the right to modify, suspend, or discontinue the Web site or any associated services (or any part or content thereof) at any time with or without notice to you, and M Science will not be liable to you or to any third party should it exercise such rights.

TRADEMARKS
The trademarks, service marks, and logos (collectively, the “Trademarks”) displayed on this Web site are registered and/or common law trademarks of M Science and various third parties. Nothing contained on this Web site should be construed as granting, by implication, or otherwise, any license or right to use any of the Trademarks without the written permission of M Science or such other party that may own the Trademarks.

All other brand and product names appearing on this site may be the trademarks or service marks of their respective owners.

PATENTS
Certain M Science products, services, features, and methods described on this Web site or otherwise available from M Science are covered by the following U.S. patents, as well as various pending patent applications and non-U.S. counterparts: U.S. Patent Nos. 8,380,594, and 8,793,173.

USE OF LINKS
Users may include a link to the Web site: (a) in a simple list of companies, by linking to the homepage; or (b) in a list of companies that offers descriptions along with links, provided that M Science has approved such description. Linking to other pages or content within the www.mscience.com Web site is prohibited, unless expressly permitted by M Science.

M Science has not developed, checked for accuracy, or otherwise reviewed other web sites linked to this Web site and is not responsible for the content of any web site linked to this Web site. M Science provides links to other web sites solely as a convenience to the users of this Web site. Linking to any other web site is done at the risk of the user. By providing access to the linked web sites, neither M Science nor its third party providers are recommending the purchase or sale of the stock nor endorsing the services provided by the web sites’ sponsoring organization. M Science has not tested any information, software, or products found on any of the web sites linked to this Web site, and therefore M Science does not make any representations with respect thereto, including any representations regarding the content or sponsors of the web site, or the suitability or appropriateness of the products or transactions described therein.

SEVERABILITY
If any provision of the Terms of Use is deemed unlawful, void or unenforceable for any reason, that provision will be deemed severable from these terms and will not affect the validity and enforceability of the remaining provisions.

GOVERNING LAW
The Terms of Use shall be governed and construed in accordance with the laws of the United States and the State of New York, without giving effect to conflicts-of-law principles thereof. You agree to submit to the personal jurisdiction of the state and federal courts located in New York County in the State of New York with respect to any legal proceedings that may arise in connection with this Web site or from a dispute as to the interpretation or breach of the Terms of Use.

ENTIRE AGREEMENT
The Terms of Use constitutes the entire agreement between user and M Science relating to the use of this Web site. Users may also be subject to additional terms and conditions that may apply when users use affiliate services, third-party content or third-party software.

USE SUBJECT TO AGREEMENTS
The products and services described in this Web site are subject to these disclosures and disclaimers. If you are a customer, use of such products and services are also subject to the various agreements you have with M Science.

Privacy Policy

M Science Privacy Policy

1. Introduction
This Privacy Notice (“Notice”) explains the information handling practices of M Science LLC (whether directly or through its subsidiaries, including M Science Hong Kong Limited (together, “M Science,” “we,” “us,” or “our”)). It describes how we collect, use and process your information, and how, in doing so, we comply with our legal obligations to you. Your privacy is important to us, and we are committed to protecting and safeguarding your information privacy rights. Except as noted below, this Privacy Notice applies to each of the following who interact with M Science when you provide information to us or access our website at https://mscience.com/ (the “Site”): prospective clients, suppliers, personnel of clients/suppliers, other persons (excluding employees and job applicants to whom a separate privacy notice applies) and any other Site users whose information we may process when using the Site.

 

2. The types of information we collect

2.1 Information you provide to M Science

We may collect your contact details (name, telephone numbers, job title and employer and email or postal addresses) when you engage with us when using the Site or otherwise, such as when you request information about M Science or you sign up for and attend conferences and other events. Where we are required to carry out verification checks, to comply with our legal and regulatory obligations, we will collect specific additional information about relevant individuals (such as directors and beneficial owners), including, for example, date of birth, payment details, tax residence information, copies of photo identification documents (such as a driver license and/or passport/identity card), information about nationality/citizenship/place of birth, national identification numbers and other identity verification documents. We may also hold information that another person within your organization has chosen to provide us. Where existing or prospective clients/vendors provide us with information relating to their directors, employees, officers, agents, clients or any other person, such information is deemed to have been provided on the basis that: (i) those individuals have been informed and understand that their information is being provided to us or our affiliates; (ii) those individuals have been provided with information regarding the collection, use, processing, disclosure and overseas transfer of their information; (iii) the client/vendor has a lawful basis (in accordance with applicable data protection laws and regulations) to provide such information to us; and (iv) those individuals are aware of their privacy/data protection rights and how to exercise them. In certain circumstances, calls with you may be recorded and monitored (to ensure compliance with regulatory obligations), depending on the applicable local laws and requirements. We do not seek to collect or otherwise process sensitive information about individuals (this includes details about your race or ethnicity, religious or philosophical beliefs, sexual orientation, political opinions, trade union membership, information about your health and genetic and biometric data) or criminal conviction/offence data unless it is necessary for compliance with a legal and/or regulatory obligation. We request that you do not provide us such sensitive information.

2.2 Information automatically collected

We may also collect information through automated and technical means as you browse or otherwise use our Site.

2.2.1 Information about usage of the Site. As you browse the Site, we and our service providers who work on our behalf, use various technologies, like cookies and tracking pixels (see below for more information) and web server logs, to assist in automatically collecting information about how you use the Site. A web server log is a file where website activity is stored and our servers may automatically record certain information, such as your web request, IP address, referring/exit pages and URLs, number of clicks and how you interact with links on the Site, browser type and settings, domain names, landing pages, pages viewed, mobile carrier, mobile device identifiers and information about the device you are using to access the Site, date and time stamp information and other such information through web server logs.

2.2.2 Location information. We may collect and process general information about the location of the device from which you are accessing the Site (e.g., approximate geographic location inferred from an IP address).

2.2.3 Cookies and other tracking technologies. We and our service providers may also collect information about your use of the Site, as well as your engagement with our communications (including email communications) and publications posted on our and third-party sites, using online tracking technologies, like cookies and tracking pixels. A cookie is a small text file that is placed on your computer when you visit a website, that enables us to recognize your computer; enhance your user experience by delivering content specific to your inferred interests; understand the web pages you have visited; perform searches and analytics; and assist with security administrative functions. Tracking pixels (sometimes referred to as web beacons or clear GIFs) are electronic tags with a unique identifier embedded in websites, and/or email, and that are designed to provide usage information like clicks and to access user cookies. We and our service providers may also include Web beacons in email messages, newsletters and other electronic communications to determine whether the message has been opened and for other analytics, personalization and advertising. As we and our service providers adopt additional technologies, we may also gather additional information through other methods. You can change the settings on your own device to notify you when a cookie is being set or updated, or to block cookies altogether. Please consult the “Help” section of your browser for more information. Please note that by blocking any or all cookies, you may not have access to certain features.

2.3 Information we receive from other sources

Where appropriate and in accordance with any local laws and requirements, we may seek contact and other information about you or your organization from other sources by way of due diligence or other market intelligence including: (i) from third party data providers and by analyzing online and offline media (which we may do ourselves, or employ other organizations to do so for us); (iii) from delegate lists at relevant events; and/or (iii) from other limited sources and third parties (for example, from third party brokers and counterparties who may provide us with your details in accordance with any regulatory requirements).

3. How we use your information

We and our service providers may use the information we collect from and about you for the following purposes:

To maintain, provide, and improve the Site and our services;
To prevent or address technical or security issues;
To contact you to offer you initial or additional services, keep you up to date with market and industry insights or to invite you to events that may be of interest (except where you have asked us not to);
To process and respond to your inquiries or to request your feedback;
To identify you by your device(s) and to match your device(s) with other browsers or devices you use for the purpose of providing relevant and easier access to content and other operational purposes;
To conduct events you may attend;
To engage in internal analytics, research, and reporting;
To work with our suppliers including to store their details in our database, obtain support services; perform certain legal and regulatory obligations; and facilitating invoicing;
To comply with the law;
To detect, respond to and perform investigations of potential fraudulent or illegal activity, and protect your safety, rights, property, or security, or the safety, rights, property, or security of M Science, the Site, our clients, our personnel, the general public and other third parties (collectively, “Security Purposes”); and
To enforce the legal terms that govern your use of the Site.
We and our service providers may use the categories of personal information we collect from and about you for the following business and commercial purposes (as those terms are defined in applicable law):

Our or our service providers’ operational purposes;
Auditing interactions on our Site;
Security Purposes;
Bug detection and error reporting;
Customizing content that we or our service providers display;
Other uses such as reaching out to our Site visitors; and
Other uses about which we notify you.
We may combine information that we collect from or about you (including automatically collected information) with information we obtain about you from any of our affiliated companies and/or non-affiliated third parties, and use such combined information in accordance with this Notice.

We may aggregate and/or de-identify/anonymize information collected through the Site or otherwise. We may use aggregate or de-identified/anonymized information for any purpose, including without limitation for research and analytics, and may also share such information with any third parties, including partners, affiliates, subsidiaries, services providers, and others.

4. How we share and disclose your information

Where appropriate and in accordance with local laws and requirements, we may share your information, in various ways and for various reasons, with the following categories of people:

Our affiliated companies;
Tax, audit, regulatory bodies, law enforcement agencies or other authorities, when we believe in good faith that the law or other regulation requires us to share this information (for example, because of a request by a tax authority, in connection with any anticipated litigation or in compliance with our legal and regulatory obligations), or for Security Purposes;
Third party service providers who perform functions on our behalf (including, without limitation, administrators, external consultants, business associates and professional advisers such as lawyers, auditors and accountants, technical support functions and IT consultants carrying out testing and development work on our business technology systems, and others who provide sales, marketing, analytics, data storage, Security Purposes-related, and other similar services);
Third party outsourced IT and document storage providers (including cloud-based storage providers) where we have an appropriate processing agreement (or similar protections) in place;
Third parties for legal purposes. We may disclose information that we collect and maintain about you if we are required to do so by law, or in a good faith belief that such disclosure is reasonably necessary to comply with legal process or for Security Purposes; and
If M Science is subject to a bid, or otherwise merges with or is acquired by another business or company in the future, we may share your information with the new (or prospective) owners of the business or company.
To ensure that your information receives an adequate level of protection, we put in place appropriate procedures with the third parties we share your information with to ensure that your information is treated by those third parties in a way that is consistent with, and which respects, the law and regulation on data protection.

5. How we safeguard your information

We are committed to taking appropriate steps to protect the information that we hold from misuse, loss, or unauthorized access. We do this by having in place a range of appropriate technical and organizational measures. These include measures to deal with any suspected data breach and training for staff on handling information. These safeguards vary based on the sensitivity of the information that we collect and store. However, we cannot and do not guarantee that these measures will prevent every unauthorized attempt to access, use, or disclose your information because despite our efforts, no Internet and/or other electronic transmissions and data can be completely secure. Please note you are responsible for ensuring that any information that you send to us is sent securely (e.g. encrypting attachments) and that you do not share your credentials with anyone.

6. How long we keep your information

We will ordinarily process your information throughout the course of our interactions and will then generally retain it for an appropriate amount of time after we have parted ways. The precise length of time will depend on the type of information, our legitimate business needs and other legal or regulatory rules that may require us to retain it for certain minimum periods. There may also be some legal, regulatory or risk-management requirements to retain information, including where certain information might be relevant to any potential litigation (bearing in mind relevant limitation periods). Once we have determined that we no longer need to hold your information, we will undertake one or more of the following: delete it from our systems and destroy hard copies, archive the information so it is reasonably beyond use or anonymize/de-identify the relevant information.

7. Site analytics and do-not-track

7.1 Website Analytics. We may use third-party web analytics services on our Site to collect and analyze usage information through cookies and similar tools; engage in auditing, research, or reporting; and provide certain features to you. To prevent Google Analytics from using your information for analytics generally, you may install the Google Analytics Opt-out Browser Add-on by clicking here.

7.2 Notice Concerning Do Not Track. Do Not Track (“DNT”) is a privacy preference that users can set in certain web browsers. However, we do not currently recognize or respond to browser-initiated DNT signals.

8. California Privacy Rights

If you are a California resident, California law requires us to provide you with some additional information regarding how we collect, use, and share your “personal information” (as defined in the California Consumer Privacy Act (“CCPA”)). We describe the categories of information we collect, our business purposes for collecting such information, the sources and uses of such information and the entities to which we share such information in “The types of information we collect,” “How we use your information,” and “How we share and disclose your information” sections of this Notice.

This information and the rights discussed below do not apply to information collected from or about our employees, former employees, candidates, job applicants, contractors, service providers, or business contacts of M Science or any other persons who are not covered by this Notice.

CCPA Rights. California residents can make certain requests about their personal information under the CCPA. Specifically, if you are a California resident, you may request that we:

provide you with information about: the categories of personal information we collect, disclose or sell about you; the categories of sources of such information; the business or commercial purpose for collecting or selling your personal information; and the categories of third parties with whom we share personal information. Such information is also set forth in this Privacy Notice.
provide access to certain information we hold about you;
delete certain information we have about you; and/or
provide you with information about the financial incentives that we offer to you, if any.
California residents can also designate an authorized agent to make such requests on their behalf.

The CCPA further provides you with the right to not be discriminated against (as provided for in applicable law) for exercising your rights. Please note that certain information may be exempt from such requests under California law, such as business contact information.

We will take reasonable steps to verify your identity before responding to a request. If you would like further information regarding your legal rights under California law or would like to exercise any of them, please contact us at legalnotices@mscience.com or write to us at 45 West 25th Street, 9th Floor, New York, New York, 10010, Attention: General Counsel.

Sale of personal information. The CCPA sets forth certain obligations for businesses that “sell” personal information. Pursuant to the definition of “sell” under the CCPA and current guidance, we do not believe that we engage in such activity and have not engaged in such activity in the past twelve months, including for minors under 16 years of age without affirmative authorization.

Shine the Light Disclosure. The California “Shine the Light” law gives residents of California the right under certain circumstances to request information from us regarding the manner in which we share certain categories of personal information (as defined in the Shine the Light law) with third parties for their direct marketing purposes. We do not share your personal information with third parties for their own direct marketing purposes.

9. International Visitors

If you reside in a jurisdiction outside of the United States, such as the European Union, local laws may afford you certain rights with respect to your personal data, such as the right to request access or correct your personal data, revoke your consent to processing, or request erasure. If you would like to exercise these rights with respect to your personal data, please contact us using the information in the “Contact Details” section below. We will consider all requests and provide our response within the time period stated by applicable law. Please note, however, that certain information may be exempt from such requests in some circumstances. We may request you provide us with information necessary to confirm your identity before responding to your request.

10. Changes to our Privacy Notice

We reserve the right to amend this Notice at any time to reflect changes in the law, our data collection and use practices, the features of our Site, or advances in technology. We will make the revised Notice accessible through the Site, so you should review the Notice periodically.

11. Contact Details

If you have any comments, questions or concerns about any of the information in this Notice, or any other issues relating to the processing of your information by M Science, please contact us by email or mail: legalnotices@mscience.com or 45 West 25th Street, 9th Floor, New York, New York, 10010, Attention: General Counsel.

Privacy Policy

M Science Privacy Policy

1. Introduction
This Privacy Notice (“Notice”) explains the information handling practices of M Science LLC (whether directly or through its subsidiaries, including M Science Hong Kong Limited (together, “M Science,” “we,” “us,” or “our”)). It describes how we collect, use and process your information, and how, in doing so, we comply with our legal obligations to you. Your privacy is important to us, and we are committed to protecting and safeguarding your information privacy rights. Except as noted below, this Privacy Notice applies to each of the following who interact with M Science when you provide information to us or access our website at https://mscience.com/ (the “Site”): prospective clients, suppliers, personnel of clients/suppliers, other persons (excluding employees and job applicants to whom a separate privacy notice applies) and any other Site users whose information we may process when using the Site.

 

2. The types of information we collect

2.1 Information you provide to M Science

We may collect your contact details (name, telephone numbers, job title and employer and email or postal addresses) when you engage with us when using the Site or otherwise, such as when you request information about M Science or you sign up for and attend conferences and other events. Where we are required to carry out verification checks, to comply with our legal and regulatory obligations, we will collect specific additional information about relevant individuals (such as directors and beneficial owners), including, for example, date of birth, payment details, tax residence information, copies of photo identification documents (such as a driver license and/or passport/identity card), information about nationality/citizenship/place of birth, national identification numbers and other identity verification documents. We may also hold information that another person within your organization has chosen to provide us. Where existing or prospective clients/vendors provide us with information relating to their directors, employees, officers, agents, clients or any other person, such information is deemed to have been provided on the basis that: (i) those individuals have been informed and understand that their information is being provided to us or our affiliates; (ii) those individuals have been provided with information regarding the collection, use, processing, disclosure and overseas transfer of their information; (iii) the client/vendor has a lawful basis (in accordance with applicable data protection laws and regulations) to provide such information to us; and (iv) those individuals are aware of their privacy/data protection rights and how to exercise them. In certain circumstances, calls with you may be recorded and monitored (to ensure compliance with regulatory obligations), depending on the applicable local laws and requirements. We do not seek to collect or otherwise process sensitive information about individuals (this includes details about your race or ethnicity, religious or philosophical beliefs, sexual orientation, political opinions, trade union membership, information about your health and genetic and biometric data) or criminal conviction/offence data unless it is necessary for compliance with a legal and/or regulatory obligation. We request that you do not provide us such sensitive information.

2.2 Information automatically collected

We may also collect information through automated and technical means as you browse or otherwise use our Site.

2.2.1 Information about usage of the Site. As you browse the Site, we and our service providers who work on our behalf, use various technologies, like cookies and tracking pixels (see below for more information) and web server logs, to assist in automatically collecting information about how you use the Site. A web server log is a file where website activity is stored and our servers may automatically record certain information, such as your web request, IP address, referring/exit pages and URLs, number of clicks and how you interact with links on the Site, browser type and settings, domain names, landing pages, pages viewed, mobile carrier, mobile device identifiers and information about the device you are using to access the Site, date and time stamp information and other such information through web server logs.

2.2.2 Location information. We may collect and process general information about the location of the device from which you are accessing the Site (e.g., approximate geographic location inferred from an IP address).

2.2.3 Cookies and other tracking technologies. We and our service providers may also collect information about your use of the Site, as well as your engagement with our communications (including email communications) and publications posted on our and third-party sites, using online tracking technologies, like cookies and tracking pixels. A cookie is a small text file that is placed on your computer when you visit a website, that enables us to recognize your computer; enhance your user experience by delivering content specific to your inferred interests; understand the web pages you have visited; perform searches and analytics; and assist with security administrative functions. Tracking pixels (sometimes referred to as web beacons or clear GIFs) are electronic tags with a unique identifier embedded in websites, and/or email, and that are designed to provide usage information like clicks and to access user cookies. We and our service providers may also include Web beacons in email messages, newsletters and other electronic communications to determine whether the message has been opened and for other analytics, personalization and advertising. As we and our service providers adopt additional technologies, we may also gather additional information through other methods. You can change the settings on your own device to notify you when a cookie is being set or updated, or to block cookies altogether. Please consult the “Help” section of your browser for more information. Please note that by blocking any or all cookies, you may not have access to certain features.

2.3 Information we receive from other sources

Where appropriate and in accordance with any local laws and requirements, we may seek contact and other information about you or your organization from other sources by way of due diligence or other market intelligence including: (i) from third party data providers and by analyzing online and offline media (which we may do ourselves, or employ other organizations to do so for us); (iii) from delegate lists at relevant events; and/or (iii) from other limited sources and third parties (for example, from third party brokers and counterparties who may provide us with your details in accordance with any regulatory requirements).

3. How we use your information

We and our service providers may use the information we collect from and about you for the following purposes:

To maintain, provide, and improve the Site and our services;
To prevent or address technical or security issues;
To contact you to offer you initial or additional services, keep you up to date with market and industry insights or to invite you to events that may be of interest (except where you have asked us not to);
To process and respond to your inquiries or to request your feedback;
To identify you by your device(s) and to match your device(s) with other browsers or devices you use for the purpose of providing relevant and easier access to content and other operational purposes;
To conduct events you may attend;
To engage in internal analytics, research, and reporting;
To work with our suppliers including to store their details in our database, obtain support services; perform certain legal and regulatory obligations; and facilitating invoicing;
To comply with the law;
To detect, respond to and perform investigations of potential fraudulent or illegal activity, and protect your safety, rights, property, or security, or the safety, rights, property, or security of M Science, the Site, our clients, our personnel, the general public and other third parties (collectively, “Security Purposes”); and
To enforce the legal terms that govern your use of the Site.
We and our service providers may use the categories of personal information we collect from and about you for the following business and commercial purposes (as those terms are defined in applicable law):

Our or our service providers’ operational purposes;
Auditing interactions on our Site;
Security Purposes;
Bug detection and error reporting;
Customizing content that we or our service providers display;
Other uses such as reaching out to our Site visitors; and
Other uses about which we notify you.
We may combine information that we collect from or about you (including automatically collected information) with information we obtain about you from any of our affiliated companies and/or non-affiliated third parties, and use such combined information in accordance with this Notice.

We may aggregate and/or de-identify/anonymize information collected through the Site or otherwise. We may use aggregate or de-identified/anonymized information for any purpose, including without limitation for research and analytics, and may also share such information with any third parties, including partners, affiliates, subsidiaries, services providers, and others.

4. How we share and disclose your information

Where appropriate and in accordance with local laws and requirements, we may share your information, in various ways and for various reasons, with the following categories of people:

Our affiliated companies;
Tax, audit, regulatory bodies, law enforcement agencies or other authorities, when we believe in good faith that the law or other regulation requires us to share this information (for example, because of a request by a tax authority, in connection with any anticipated litigation or in compliance with our legal and regulatory obligations), or for Security Purposes;
Third party service providers who perform functions on our behalf (including, without limitation, administrators, external consultants, business associates and professional advisers such as lawyers, auditors and accountants, technical support functions and IT consultants carrying out testing and development work on our business technology systems, and others who provide sales, marketing, analytics, data storage, Security Purposes-related, and other similar services);
Third party outsourced IT and document storage providers (including cloud-based storage providers) where we have an appropriate processing agreement (or similar protections) in place;
Third parties for legal purposes. We may disclose information that we collect and maintain about you if we are required to do so by law, or in a good faith belief that such disclosure is reasonably necessary to comply with legal process or for Security Purposes; and
If M Science is subject to a bid, or otherwise merges with or is acquired by another business or company in the future, we may share your information with the new (or prospective) owners of the business or company.
To ensure that your information receives an adequate level of protection, we put in place appropriate procedures with the third parties we share your information with to ensure that your information is treated by those third parties in a way that is consistent with, and which respects, the law and regulation on data protection.

5. How we safeguard your information

We are committed to taking appropriate steps to protect the information that we hold from misuse, loss, or unauthorized access. We do this by having in place a range of appropriate technical and organizational measures. These include measures to deal with any suspected data breach and training for staff on handling information. These safeguards vary based on the sensitivity of the information that we collect and store. However, we cannot and do not guarantee that these measures will prevent every unauthorized attempt to access, use, or disclose your information because despite our efforts, no Internet and/or other electronic transmissions and data can be completely secure. Please note you are responsible for ensuring that any information that you send to us is sent securely (e.g. encrypting attachments) and that you do not share your credentials with anyone.

6. How long we keep your information

We will ordinarily process your information throughout the course of our interactions and will then generally retain it for an appropriate amount of time after we have parted ways. The precise length of time will depend on the type of information, our legitimate business needs and other legal or regulatory rules that may require us to retain it for certain minimum periods. There may also be some legal, regulatory or risk-management requirements to retain information, including where certain information might be relevant to any potential litigation (bearing in mind relevant limitation periods). Once we have determined that we no longer need to hold your information, we will undertake one or more of the following: delete it from our systems and destroy hard copies, archive the information so it is reasonably beyond use or anonymize/de-identify the relevant information.

7. Site analytics and do-not-track

7.1 Website Analytics. We may use third-party web analytics services on our Site to collect and analyze usage information through cookies and similar tools; engage in auditing, research, or reporting; and provide certain features to you. To prevent Google Analytics from using your information for analytics generally, you may install the Google Analytics Opt-out Browser Add-on by clicking here.

7.2 Notice Concerning Do Not Track. Do Not Track (“DNT”) is a privacy preference that users can set in certain web browsers. However, we do not currently recognize or respond to browser-initiated DNT signals.

8. California Privacy Rights

If you are a California resident, California law requires us to provide you with some additional information regarding how we collect, use, and share your “personal information” (as defined in the California Consumer Privacy Act (“CCPA”)). We describe the categories of information we collect, our business purposes for collecting such information, the sources and uses of such information and the entities to which we share such information in “The types of information we collect,” “How we use your information,” and “How we share and disclose your information” sections of this Notice.

This information and the rights discussed below do not apply to information collected from or about our employees, former employees, candidates, job applicants, contractors, service providers, or business contacts of M Science or any other persons who are not covered by this Notice.

CCPA Rights. California residents can make certain requests about their personal information under the CCPA. Specifically, if you are a California resident, you may request that we:

provide you with information about: the categories of personal information we collect, disclose or sell about you; the categories of sources of such information; the business or commercial purpose for collecting or selling your personal information; and the categories of third parties with whom we share personal information. Such information is also set forth in this Privacy Notice.
provide access to certain information we hold about you;
delete certain information we have about you; and/or
provide you with information about the financial incentives that we offer to you, if any.
California residents can also designate an authorized agent to make such requests on their behalf.

The CCPA further provides you with the right to not be discriminated against (as provided for in applicable law) for exercising your rights. Please note that certain information may be exempt from such requests under California law, such as business contact information.

We will take reasonable steps to verify your identity before responding to a request. If you would like further information regarding your legal rights under California law or would like to exercise any of them, please contact us at legalnotices@mscience.com or write to us at 45 West 25th Street, 9th Floor, New York, New York, 10010, Attention: General Counsel.

Sale of personal information. The CCPA sets forth certain obligations for businesses that “sell” personal information. Pursuant to the definition of “sell” under the CCPA and current guidance, we do not believe that we engage in such activity and have not engaged in such activity in the past twelve months, including for minors under 16 years of age without affirmative authorization.

Shine the Light Disclosure. The California “Shine the Light” law gives residents of California the right under certain circumstances to request information from us regarding the manner in which we share certain categories of personal information (as defined in the Shine the Light law) with third parties for their direct marketing purposes. We do not share your personal information with third parties for their own direct marketing purposes.

9. International Visitors

If you reside in a jurisdiction outside of the United States, such as the European Union, local laws may afford you certain rights with respect to your personal data, such as the right to request access or correct your personal data, revoke your consent to processing, or request erasure. If you would like to exercise these rights with respect to your personal data, please contact us using the information in the “Contact Details” section below. We will consider all requests and provide our response within the time period stated by applicable law. Please note, however, that certain information may be exempt from such requests in some circumstances. We may request you provide us with information necessary to confirm your identity before responding to your request.

10. Changes to our Privacy Notice

We reserve the right to amend this Notice at any time to reflect changes in the law, our data collection and use practices, the features of our Site, or advances in technology. We will make the revised Notice accessible through the Site, so you should review the Notice periodically.

11. Contact Details

If you have any comments, questions or concerns about any of the information in this Notice, or any other issues relating to the processing of your information by M Science, please contact us by email or mail: legalnotices@mscience.com or 45 West 25th Street, 9th Floor, New York, New York, 10010, Attention: General Counsel.

General Disclosures

M Science General Disclosures

Copyright 2024. M Science LLC © All rights reserved.

All material contained in any report or document or otherwise available on or through this website (“Document”) is the property of M Science LLC (“M Science”) unless otherwise indicated. All trademarks, service marks, logos and trade names used in any Document are proprietary to M Science or other respective owners. Each Document is proprietary, confidential and provided for the exclusive use of the recipient. Any unauthorized use of the content of a Document, including the disclosure of confidential information contained within it, is strictly prohibited.

Each Document is intended for informational purposes only. Under no circumstances is a Document to be considered as an offer to sell or solicitation of an offer to buy any securities of any company. M Science provides the information and data contained in any Document (whether relating to a product or service or a company or other matter) on an “as is,” “as available” basis, without representations or warranties of any kind whatsoever, expressed or implied. The information in a Document may be incomplete and may not contain all material information relating to the subject matter of the Document. There is no guaranty that the Documents will meet any party’s requirements or that the Documents will be error free.

M Science has no authority whatsoever to give any information or make any representation or warranty on behalf of the company or companies that are the subject of or referred to in a Document, any of its shareholders or any other person in connection therewith and no Document has been authorized or approved by said company or companies.

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M Science has no authority whatsoever to give any information or make any representation or warranty on behalf of the company or companies that are the subject of or referred to in a Document, any of its shareholders or any other person in connection therewith and no Document has been authorized or approved by said company or companies.

Each Document is provided solely to clients of M Science. The recipient assumes all risk and liability with regard to any use or application of the data or information included therein. The data or information provided therein is not intended to be used as the primary basis for investment decisions and nothing contained therein is, or is intended to be, predictive of the movement of the market prices of the securities of the company or companies discussed or referred to in the Document. Nothing in any Document is, or should be construed to be, designed to meet the particular investment or other needs of any client.

All proprietary analyses provided by M Science in a Document are derived from M Science’s analytic expertise, market knowledge, and use of the data it collects and licenses. A Document may reflect the results of our research, which shall be as of the date of the Document. Our research results are subject to change at any time as new or additional data and information is received and analyzed. M Science undertakes no obligation to update any Document, or to provide supplemental information to any client receiving or having access to a Document, absent a specific arrangement to the contrary between M Science and individual clients. Specifically, M Science provides certain research reports and products to certain of its clients which may be distributed on different frequency schedules. Such reports and products may provide different depths of analysis or a different specific focus and more frequent updates based on levels of service and fees selected by clients. Furthermore, these reports and products may reach conclusions that differ from those reached in other reports or Documents.

Any opinions, forecasts or estimates in a Document may present a possible outcome on the basis of assumptions and represent only one possible outcome. These opinions, forecasts or estimates are subject to risks, uncertainties and assumptions and there can be no assurance that future results or events will be consistent with any such opinions, forecasts or estimates. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of previous recommendations. Comparisons of M Science published estimates to reported results are available by emailing info@mscience.com.

All research notes, reports, data and other information obtained from M Science are proprietary to M Science and may not be redistributed to or shared with any individual, company or entity without the express prior written consent of M Science. All such information obtained from M Science is the property of M Science unless otherwise indicated and no portion may be directly or indirectly copied, published, reproduced, modified, displayed, sold, transmitted, or redistributed in any medium without the express prior written consent of M Science. Specifically, and without limitation, such information may not be disclosed to members of any sell-side research team, within or outside of your organization. M Science monitors and takes seriously our responsibility to protect the assets and value of our products and services. A Document may contain information obtained from third parties or links to third party content, including, without limitation articles or blog posts, news reports, calculation tools, company information or data about financial markets (“Third Party Content”). Third Party Content generally will be clearly identified and is not created or endorsed by M Science, nor does its use indicate any affiliation between M Science and the provider of such information. Third Party Content is obtained from sources believed to be reliable, but M Science does not guarantee its accuracy, timeliness, completeness or usefulness.

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