Updated: January 1, 2025
THIS ORGANIZATION SUBSCRIPTION AGREEMENT (OSA), BY AND BETWEEN THE ENTITY NAMED IN THE WATERMARK ORDER FORM (THE “ORDER FORM”) AND WATERMARK INSIGHTS, LLC (“WATERMARK”) IS EFFECTIVE AS OF THE DATE SET FORTH IN THE FIRST WATERMARK ORDER FORM BETWEEN THE ORGANIZATION AND WATERMARK, (THE “EFFECTIVE DATE”). WATERMARK AND THE ORGANIZATION AGREE THAT THIS OSA, INCLUDING ALL ATTACHMENTS HERETO AND THE ORDER FORM, REPRESENT THE ENTIRE AGREEMENT BETWEEN THE PARTIES (COLLECTIVELY, HEREINAFTER THE “AGREEMENT”).
IN CONSIDERATION OF WATERMARK’S ENGAGEMENT HEREUNDER TO PROVIDE THE SERVICES, AND FOR OTHER GOOD AND VALUABLE CONSIDERATION, THE RECEIPT AND SUFFICIENCY OF WHICH ARE HEREBY ACKNOWLEDGED, THE PARTIES AGREE AS FOLLOWS:
1. The Service
1.1 Introduction.
The Organization wishes to enter into this Agreement with Watermark to enable its employees, and, as applicable, its administrators, faculty, and students (the “End Users”) to make use of the Service. Watermark owns the rights in and to an educational software platform, the URL address of which is www.watermarkinsights.com, and related tools and technology as described in the Order Form. Watermark has agreed to provide: (i) access credentials to such technologies to Organization (“Subscription Service”); and (ii) if applicable, Professional Services, including Implementation (“Professional Service”), as indicated in the Order Form, which may be updated by the parties from time to time to add or remove additional Subscription or Professional Services (collectively, “the Service”).
1.1 Subscription. Subject to and conditioned on Organization’s payment of the fees for Subscription Services and compliance with all other terms and conditions of this Agreement, Watermark grants to Organization a limited, non-exclusive, non-transferable, non-sublicensable, revocable right to access and use the Subscription Service solely for the purpose of enabling access and use of the Service by its End Users during the Term of this Agreement, and in accordance with the Order Form.
1.2 Customer Restrictions and Responsibilities. Organization is solely responsible for (i) all Organization systems and data, including its content and use by its End-Users; and (ii) all instructions provided by or on behalf of Organization or any End Users in connection with the Services and all actions taken with its End User identification code(s)/password(s), including any misuse or unauthorized user thereof; and (iii) its and its End Users compliance with any standard Terms of Service posted on the Service platform, as amended from time to time by Watermark
Organization shall not, directly or indirectly: (a) attempt to gain access to Watermark’s software code for any purpose, including without limitation, to modify, disassemble, de-compile, reverse engineer, conduct scans, or otherwise attempt to determine the source code or protocols from the object code of the Service or knowingly permit or encourage any third party to do so; (b) use the Service in any manner to provide service bureau, time-sharing or other computer services to third parties;(c) use the Service in any manner to assist or take part in the development, marketing, or sale of a product potentially competitive with the Service; (d) remove or modify any proprietary marking or restrictive legends placed on the Subscription Service; or (e) You acknowledge that any software or technology purchased and accessed from Watermark websites, may be subject to the customs and export control laws and regulations of the United States of America and may also be subject to the customs and export laws and regulations of the country in which the products are manufactured and/or received, and you agree to comply with all applicable laws. Organization agrees, represents, and warrants that no software or technology will be accessed from, downloaded in, released in, carried to, transferred to, transshipped through, exported to, or re-exported (collectively “transferred”) to any territory (or national resident thereof), person, entity, or organization to which such software or technology could not be transferred directly from the United States or by a U.S. person without a license, including without limitation to any person on the U.S. Treasury Department’s List of Specially Designated Nationals or the U.S. Department of Commerce’s Denied Persons List or Entity List..
1.3 Watermark Responsibilities. In the event that End Users will be paying for their accounts directly, Watermark shall inform Organization when Organization may advise its End Users to begin purchasing accounts and self-registering for the Subscription Service. Watermark shall: (a) provide support as specified in any Order Form; and (b) perform the Service using personnel of required skill, experience, and qualifications and in a professional and workmanlike manner in accordance with generally recognized industry standards for similar services and shall devote adequate resources to meet its obligations under this Agreement.
1.4 Service Availability. Watermark shall endeavor to ensure that the Subscription Service is available, except for scheduled downtime for maintenance or in the event of a force majeure event (as defined in this Agreement). In the event of unexpected downtime, Watermark’s sole obligation will be to use commercially reasonable efforts to resolve the issue as soon as reasonably practicable under the circumstances. Notwithstanding anything to the contrary in this Agreement, Watermark may temporarily suspend Organization’s and any End User’s access to any portion or all of the Subscription Service if: (i) Watermark reasonably determines that (A) there is a threat or attack on any of Watermark’s Internet Protocol (IP); (B) Organization’s or any End User’s use of Watermark’s IP disrupts or poses a security risk to Watermark’s IP or to any other customer or vendor of Watermark; (C) Organization, or any End User, is using Watermark’s IP for fraudulent or illegal activities; (D) subject to applicable law, Organization has ceased to continue its business in the ordinary course, made an assignment for the benefit of creditors or similar disposition of its assets, or become the subject of any bankruptcy, reorganization, liquidation, dissolution, or similar proceeding; or (E) Watermark’s provision of the Subscription Service to Organization or any End User is enjoined or otherwise prohibited by applicable law, or threatened to be enjoined or prohibited; or (ii) any vendor of Watermark has suspended or terminated Watermark’s access to or use of any third party or products required to enable Organization to access the Subscription Service; (any such suspension described in subclause (i), or (ii), a “Service Suspension”). Watermark shall use commercially reasonable efforts to provide written notice of any Service Suspension to Organization and to provide updates regarding resumption of access to the Subscription Service following any Service Suspension. Watermark shall use commercially reasonable efforts to resume providing access to the Subscription Service as soon as reasonably possible after the event giving rise to the Service Suspension is cured.
1.5 Additional Terms for Professional Services. Organization’s purchase of the Watermark Annual Success Management (ASM) services shall be as stated on the Watermark Order Form. ASM credits are redeemable within the Watermark Academy, currently available at https://academy.watermarkinsights.com/. Credits may be used for 1:1 consultations, eService support, training, and other advisory needs, and expire at the completion of each subscription year. Credits are not subject to refund or credit, and are nontransferable. Notwithstanding this provision, Watermark may, from time to time change the Professional Services without the consent of Organization provided that such changes do not materially affect the nature or scope of the Professional Services, or the fees or performance duties set forth in the Agreement. If either party wishes to change the scope or performance of any applicable Professional Services, it shall submit details of the requested change to the other party in writing. Watermark shall, within a reasonable time after receiving an Organization-initiated request, or at the same time that it sends a Watermark-initiated request, provide a written estimate to Organization of: (i) the likely time required to implement the change; (ii) any necessary variations to the fees and other charges arising from the change; (iii) the likely effect of the change on the Professional Services; and (iv) any other impact the change might have on the performance of the Agreement. Promptly after receipt of the written estimate, the parties shall negotiate and agree in writing on the terms of such change (a “Change Order”). In addition to any other responsibilities or duties described in this Agreement, the following is a list of obligations for which Organization is responsible, conditions on Watermark’s performance, and assumptions upon which Watermark has relied in agreeing to perform the Professional Services (if any Organization obligations are unfulfilled or inaccurate, Change Orders and increased fees may be required in order to proceed): (i) Organization holds primary responsibility for data quality of sufficient standards in order to meet Organization goals; (ii) Organization will provide all data, systems and connectivity necessary for Watermark to perform its obligations; (iii) Organization will provide a resource(s) that is knowledgeable of their data, data mapping and data flow; (iv) all data is assumed to be in a usable state which does not require additional aggregations or manipulations within Watermark; and (v) Organization will not require any additional security, policy or onboarding requirements of Watermark personnel in order to kick off or continue performance of the Services.
1.6 End User Polls. Watermark may, from time to time, conduct optional polls of End Users to ascertain and measure the use and enjoyment of the Service by End Users. All right, title and interest in poll inquiries and responses will belong to Watermark.
1.7 Compliance. Each party shall comply with all applicable laws and regulations with respect to its activities under this Agreement, including but not limited to the Family Educational Rights and Privacy Act (“FERPA”). Watermark shall implement reasonable administrative, technical, and physical safeguards in an effort to secure its facilities and systems from unauthorized access and to secure Organization Data. Each party agrees to comply with the Data Processing Addendum (“DPA”), which can be viewed at https://www.watermarkinsights.com/legal/data-processing-addendum/. Watermark uses reasonable and appropriate administrative, technical, and physical safeguards to protect the security, integrity, and confidentiality of personal contact information that may be stored in the Watermark products, such as name, address, telephone number, and/or email address. Organization acknowledges and agrees that the Services are not intended or designed to securely host and store any personal information that is deemed sensitive by applicable laws or regulations (such as social security numbers, credit card data, driver’s license numbers, national identification numbers, bank account numbers, and health/medical information), and Organization shall not store any such information in the Services. Watermark will have no visibility into the types of information uploaded into or stored in the Watermark Services.
1.8 Subcontractors. Watermark shall be permitted to use third parties as subcontractors in connection with the Services. Watermark shall remain fully responsible for such parties’ compliance with the terms of this Agreement.
1.9Organization’s purchase of the EDA Service(s) constitutes Organization’s approval of and consent to Watermark’s use of Educational Dispositional Assessment Consultants, LLC as a sub-vendor under this Agreement to provide the EDA Service(s), including without limitation as necessary, the processing and transfer of Organization Data. Organization’s purchase of the Market Landscape Data Pack by Lightcast constitutes acceptance of the Lightcast terms and conditions, currently available at https://www.watermarkinsights.com/legal/lightcast-terms/.
2. Intellectual Property; Ownership
2.1 Aggregated Statistics. Notwithstanding anything to the contrary in this Agreement, Watermark may monitor Organization’s use of the Subscription Service and collect and compile Aggregated Statistics. As between Watermark and Organization, all right, title, and interest in Aggregated Statistics, and all intellectual property rights therein, belong to and are retained solely by Watermark. Organization acknowledges that Watermark may compile Aggregated Statistics based on Organization Data input into the Subscription Services. Organization agrees that Watermark may (i) make Aggregated Statistics publicly available in compliance with applicable law, and (ii) use Aggregated Statistics to the extent and in the manner permitted under applicable law; provided that such Aggregated Statistics do not identify Organization, End Users or Organization’s Confidential Information. “Aggregated Statistics” means data and information related to Organization’s use of the Subscription Service, which may include certain personal information such as user names, login credentials, contact information, and IP addresses. Organization agrees that Watermark may use such data in an aggregate and anonymized manner, including to compile statistical and performance information related to the provision and operation of the Subscription Service for the purposes of (a) performing the Services, (b) authenticating and providing support and maintenance to Organization and its End Users, (c) facilitating the delivery of any updates or modifications to the Services, (d) improving the Services, (e) communicating with Organization about the Services, (f) performing analytics and obtaining statistics on the use and performance of the Services, (g) detecting, preventing, and responding to fraud, intellectual property infringement, violations of law, or other misuse of the Services, and (h) any other Watermark internal purpose. ”Organization Data” means, other than Aggregated Statistics, information, data, and other content, in any form or medium, that is submitted, posted, or otherwise transmitted by or on behalf of Organization or an End User through the Subscription Service. Subject to the provisions of this Agreement, Organization Data will be treated in accordance with the Privacy Policy. For the avoidance of doubt, Organization is the data owner and controller, and is responsible for providing any required notices and requisite consents for End Users, as required by applicable law.
2.2 Organization Data. Watermark acknowledges that, as between Watermark and Organization, to the extent of Organization’s rights in and to Organization Data, Organization owns all right, title, and interest, including all intellectual property rights, in and to Organization Data. Watermark and its service providers and its affiliates may use Organization Data to provide and improve the Services in accordance with this Agreement. Watermark may delete any inappropriate Organization Data posted on the Subscription Service and reserves the right (but not the obligation) to take any action which Watermark deems appropriate in its sole discretion with respect to any Organization Data posted on the Subscription Service; provided that Watermark shall use reasonable efforts to consult with Organization in advance as practicable. Organization hereby authorizes Watermark to use the name of Organization within a list of other users of the Subscription Service in any media, solely to identify the Organization as a user of the Subscription Service and without any indication of sponsorship or affiliation. Watermark shall not use the Organization’s name publicly in any other manner without the prior permission of the Organization.
2.3 Feedback. If Organization or any of its employees or contractors and/or agents or other End Users sends or transmits any communications or materials to Watermark suggesting or recommending changes to Watermark’s IP, including without limitation, new features or functionality relating thereto, or any comments, questions, suggestions, or the like (“Feedback”), Watermark is free to use such Feedback irrespective of any other obligation or limitation between the parties governing such Feedback. It is understood that Organization may have feedback, suggestions or comments that may, in Watermark’s sole discretion, be incorporated into the Services. Organization hereby assigns to Watermark on Organization’s behalf, and on behalf of its employees, contractors and/or agents or other End Users, all right, title, and interest in, and Watermark is free to use, without any attribution or compensation to any party, any ideas, know-how, concepts, techniques, or other intellectual property rights contained in the Feedback, for any purpose whatsoever, although Watermark is not required to use any Feedback.
3. Indemnification
3.1 Organization Indemnification. Except where explicitly prohibited by law, Organization shall, at its sole cost and expense, indemnify, defend and hold harmless Watermark and its affiliates, and their respective employees, officers, directors, shareholders, agents, insurers or third party providers, from and against all actual or threatened claims by third parties (including its End Users) and pay all costs, including reasonable attorneys’ fees, and damages resulting from such claims arising out of: (i) the use of the Service by Organization or its End Users, (ii) any breach of this Agreement by Organization, including, without limitation, any unauthorized use or disclosure of the Service, (iii) if applicable, any breach of the ToS by an End User, (iv) violation of any law or regulation by Organization or its End Users, or (v) the infringement, misappropriation or violation by Organization, its End Users or Organization Data of any patent, copyright, trademark, trade secret or other proprietary or privacy right of a third party.
3.2 Watermark Indemnification. Watermark shall, at its sole cost and expense, indemnify, defend and hold harmless Organization and its employees, officers, directors, Board of Trustees and agents from and against all claims by third parties and pay all costs, including reasonable attorneys’ fees, and damages resulting from such claims to the extent arising out of the infringement, misappropriation or violation of the Subscription Service of any United States patent, copyright, trademark or trade secret, and excluding any claims and damages covered by the indemnification by Organization under Section 3.1. In any such event, the Organization shall promptly give written notice of the claim to Watermark and give Watermark the opportunity to assume sole control of the defense and settlement of the claim. If the Service or a portion thereof becomes, or in Watermark’s opinion is likely to become, the subject of an infringement claim, Watermark may, at its option and expense, either (a) procure the right to continue using the Subscription Service or portion thereof, or (b) replace or modify the Subscription Service or portion thereof so that it becomes non- infringing. Notwithstanding the foregoing, Watermark will have no obligation under this Section or otherwise with respect to any infringement claim based upon (i) any use of the Subscription Service by Organization in breach of this Agreement, or (ii) any use of the Subscription Service that is not an intended use of the Subscription Service.
4. Confidentiality
The term “Confidential Information” shall mean any and all information which is disclosed by either party to the other verbally, electronically, visually, or in a written or other tangible form which is either identified by the disclosing party (“Discloser”) as confidential or proprietary or should be reasonably understood to be confidential or proprietary, based on the circumstances of disclosure or content of the information; provided that Confidential Information shall not include any information which: (a) was in the possession of, or was rightfully known by the receiving party (“Recipient”) without an obligation to Discloser or others to maintain its confidentiality prior to receipt from Discloser; (b) is or becomes generally known to the public without violation of this Agreement; (c) is obtained by Recipient in good faith from a third party having the right to disclose it without an obligation of confidentiality to Discloser; or (d) is independently developed by Recipient without access to or reliance upon the Confidential Information. Recipient shall protect and safeguard the confidentiality of all such Confidential Information with at least the same degree of care as the Recipient would protect its own Confidential Information, but in no event with less than a commercially reasonable degree of care. Recipient shall not use Discloser’s Confidential Information, or permit it to be accessed or used, for any purpose other than fulfilling its obligations and exercising its rights hereunder, or otherwise in any manner to Discloser’s detriment, including without limitation, to reverse engineer, disassemble, decompile, copy, export or design around Discloser’s proprietary services, products, and/or confidential intellectual property. Recipient shall keep Confidential Information in strict confidence and shall not disclose it to any third party except such party’s officers, directors, employees, advisors, attorneys, accountants, agents, or other representatives having a need to know such information in connection with this Agreement and who have been advised of Recipient’s obligations under this Agreement. Recipient shall be fully responsible for any breach of the terms of this Agreement by any of its representatives.
5. Warranties; Disclaimer
5.1 Warranty. Each party represents and warrants that: (a) it has the authority and capacity to enter into this Agreement, and to carry out and perform its obligations as set forth herein; and (b) this Agreement is a valid and binding obligation of that party enforceable in accordance with its terms. Organization represents and warrants that it has reviewed Watermark’s Privacy Policy, which can be viewed at https://www.watermarkinsights.com/privacy-policy/ (as may be amended from time to time, the “Privacy Policy”), and by agreeing to this Agreement has accepted the terms thereof.
5.2 Disclaimer. Except as expressly provided in this Agreement: (a) use of the Service and any professional services, including but not limited to the Watermark Account Success Management (ASM) service, is at the sole risk of Organization and End Users; and (b) Watermark makes no express or implied warranty that the Service will be uninterrupted or error free, nor does it make any warranty as to the results that may be obtained from use of the Service, or as to the accuracy, reliability, completeness, or content of any information or Organization Data, software or merchandise that may be provided through the Service. No statement, information, or advice, including, but not limited to statements regarding capacity, suitability for use or performance, whether made by a Watermark employee, reseller or other representative or otherwise, or offered through the Watermark Account Management Service related professional services, which is not contained in this Agreement shall be deemed to be a warranty by Watermark for any purpose or give rise to any liability of Watermark whatsoever, and Organization agrees that it will not rely on any such statement, information or advice.
5.3 No Editorial Control. Organization acknowledges that Watermark exercises no editorial control over Organization Data posted by users of the Subscription Service. The views and opinions expressed in such information do not necessarily reflect those of Watermark or its content providers or licensors. Neither Watermark nor its content providers or licensors make any warranties or representations regarding the accuracy, adequacy, truthfulness, completeness, or usefulness of such information.
5.4 Third Party Websites. Any links provided from the Subscription Service are to websites not under control of Watermark, and Watermark in no way endorses or shall have any liability arising from such sites or the products or services offered therein. Watermark does not endorse any such linked websites.
5.5 DISCLAIMER OF WARRANTIES. EXCEPT AS OTHERWISE PROVIDED HEREIN, THE SERVICE, SUPPORT, INCLUDING ANY WATERMARK ACCOUNT MANAGEMENT SERVICE RELATED SUPPORT, TRAINING AND ALL INFORMATION, MATERIALS AND SOFTWARE ACCESSIBLE THROUGH THE SERVICE ARE PROVIDED ON AN “AS-IS,” “AS- AVAILABLE” BASIS. THERE IS NO EXPRESS OR IMPLIED WARRANTY MADE AGAINST INTERFERENCE WITH THE ENJOYMENT OF ACCESS TO THE SERVICE OR THE INFORMATION CONTAINED THEREIN. WATERMARK HEREBY DISCLAIMS ANY AND ALL REPRESENTATIONS AND WARRANTIES, EITHER EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY, USAGE, FITNESS FOR ANY PARTICULAR PURPOSE OR NON-INFRINGEMENT.
6. Limitation of Liability
6.1 LIMITATION OF LIABILITY. EXCEPT FOR ITS INDEMNIFICATION OBLIGATIONS SET FORTH IN THIS AGREEMENT, OR AS ARISING FROM ITS GROSS NEGLIGENCE OR WILLFUL MISCONDUCT, IN NO EVENT SHALL THE AGGREGATE LIABILITY OF EITHER PARTY, ITS DIRECTORS, OFFICERS, EMPLOYEES AND AFFILIATES TO CLIENT FOR DAMAGES FOR ANY AND ALL CAUSES WHATSOEVER IN CONNECTION WITH THIS AGREEMENT, EXCEED THE FEES PAYABLE TO COMPANY HEREUNDER THE PRECEDING TWELVE (12) MONTHS UNDER THIS AGREEMENT. IN THE EVENT SUCH ACTION ARISES AT ANY TIME BEFORE THE COMPLETION OF THE INITIAL TWELVE (12) MONTHS OF THE TERM OF THIS AGREEMENT, THE FEES AND CHARGES DUE TO COMPANY AT SUCH TIME SHALL BE ANNUALIZED FOR PURPOSES OF CALCULATING THE MAXIMUM LIABILITY OWED FOR ANY DAMAGES HEREUNDER. IN NO EVENT SHALL EITHER PARTY BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR EXEMPLARY DAMAGES ARISING OUT OF OR RELATING TO THIS AGREEMENT, INCLUDING BUT NOT LIMITED TO LOST PROFITS, BUSINESS INTERRUPTION OR LOSS OF DATA, EVEN IF COMPANY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
7. Payment of Fees
7.1 Payments.The Organization shall pay Watermark the applicable fees as set forth on the Order Form(s). Unless otherwise specified in an Order Form, Watermark will invoice Organization upon execution of the Agreement. All Fees for each Subscription Renewal shall escalate year over year by the greater of (a) 5% or (b) the percentage increase in the Consumer Price Index for all Urban Consumers reported by the U.S. Bureau of Labor Statistics for the twelve (12) preceding months. Watermark reserves the right to suspend performance of the Services until invoices outstanding for more than 90 days are paid in full.
7.2 Taxes. All fees and other amounts payable by Organization under this Agreement are exclusive of taxes and similar assessments. Without limiting the foregoing, Organization is responsible for all sales, service, use and excise taxes, and any other similar taxes, duties and charges of any kind imposed by any federal, state or local governmental or regulatory authority on any amounts payable by Organization hereunder, other than any taxes imposed on Watermark’s income. The Organization shall pay all charges or taxes as stated in Watermark’s invoice or provide Watermark with an appropriate certificate of exemption no later than thirty (30) days of the date of any invoice.
8. Term and Termination
8.1 Term. This Agreement shall commence on the Effective Date and shall continue for an initial period as described on the Order Form (the “Subscription Period”). Thereafter, any extension or renewal period (each a “Subscription Renewal”) will be as specified in a Watermark Order Form. As used herein, each “Subscription Renewal” and, collectively, together with the Subscription Period, (the “Term”).
8.2 Termination for Convenience. After the initial Subscription Period, the Organization may terminate this Agreement at any time upon providing at least 90 days prior written notice to Watermark.
8.3 Termination for Breach; Dispute Resolution. Either party may terminate this Agreement by written notice in the event of material breach by the other party, should such breach remain uncured for thirty (30) days after the receipt of notice describing such breach in reasonable detail (or if not subject to cure, immediately upon written notice). If a dispute arises out of or relates to this Agreement, or the breach thereof, the parties shall consult and negotiate with each other in good faith for a period of no less than 30 days to reach a solution prior to terminating this Agreement.
8.4 Effects of Termination. Upon termination of this Agreement for any reason: (a) all subscriptions granted to Organization hereunder shall immediately terminate, (b) Organization shall immediately cease (and cause End Users to cease) using the Service and associated materials, and Watermark may disable Access Codes and remove access of Organization and End Users to the Service, and (c) in the event that such termination was by Organization under Section 8.3 (“Termination for Breach”), then Watermark shall refund to Organization any prepaid Fees on a pro-rata basis reflecting the unused remainder of the term. Any such termination shall not relieve either party from any obligations hereunder accrued at or prior to the effective date of termination or waive any right of the non-breaching Party hereunder or at law or in equity.
8.5 Piggyback Provision Watermark acknowledges and agrees that the terms and conditions of the Agreement (the “Principal Agreement”) executed by and between Watermark Insights, LLC and Organization (the “Initial Contracting Party”) for the provision of Watermark Services may be extended to other educational institutions (“Piggybacking Institutions”) that are similarly situated to the Initial Contracting Party. This includes, but is not limited to, colleges, universities, and educational consortia that are at a comparable stage of development and have similar needs. To qualify, the Piggybacking Institution must have a comparable profile to the Initial Contracting Party in terms of size, scope, accreditation, and academic offerings. Each Piggybacking Institution will assume full responsibility for payment and liability related to its separate contractual agreement. The Initial Contracting Party bears no responsibility for the obligations, financial or otherwise, of any Piggybacking Institution.
9. Suspension of Service Watermark may, directly or indirectly, by any lawful means, suspend, terminate, or otherwise deny Organization or its End Users access to all or any part of the Service if Watermark (a) receives a judicial or other governmental demand or order, subpoena, or law enforcement request that expressly or by reasonable implication requires Watermark to do so; or (b) Watermark believes in its good faith and reasonable discretion that (i) Organization or any End User has failed to comply with this Agreement, or accessed or used the Services beyond the scope of the rights granted or for a purpose not authorized under this Agreement, or in any manner that does not comply with any material instruction or requirement provided by Watermark; or (c) Organization or any End User is, has been, or is likely to be involved in any fraudulent, misleading, or unlawful activities relating to or in connection with any of the Services; or (d) this Agreement expires or is terminated. Watermark will use commercially reasonable efforts to provide notice to Organization in advance of any suspension to the extent practicable under the circumstances. This Section 9 does not limit any of Watermark’s other rights or remedies, whether at law, in equity, under this Agreement.
10. Force Majeure If any party to this Agreement is rendered unable, wholly or in part, by force majeure to carry out its obligations under this Agreement (other than Organization’s obligation to make payment), that party shall give to the other party prompt written notice of the force majeure event; thereupon the obligations of the party giving the notice, so far as they are affected by the force majeure, shall be suspended during, but no longer than, the continuance of the force majeure. The affected party shall use all reasonable diligence to remove the force majeure situation as quickly as practicable, provided that resolution of a force majeure event shall be at the sole discretion of the affected party. The term “force majeure” as herein contemplated, shall mean an act of God, strike, lockout, or other industrial disturbance, act of the public enemy, war, blockade, public riot, plague, pandemic, lightening, fire, storm, flood, earthquake, explosion, governmental action, governmental delay, restraint or inaction, unavailability of equipment, service or supplies and any other cause, whether of a kind specifically enumerated above or otherwise which is not reasonably within the control of the party claiming suspension.
11. Survival Any right or obligation hereunder which creates a right of action or which by its terms continues beyond the expiration or termination of this Agreement shall survive any termination or expiration of this Agreement.
12. Miscellaneous
12.1 Relationship of the Parties. Neither party is, nor shall be deemed to be, an employee, agent, co-venturer, or legal representative of the other party for any purpose. The parties are independent contractors. Neither this Agreement nor any interest hereunder shall be transferable or assignable by Organization without the prior written consent of Watermark; provided, however, that Organization and Watermark may assign this Agreement without consent to an affiliate or to any successor- in-interest in connection with the merger or the sale of all or substantially all of its capital stock or assets to which this Agreement relates. Subject to the foregoing, the rights and obligations hereunder shall be binding on each party and their respective successors and assigns.
12.2 Entire Agreement; Severability. This Agreement ((including the Order Form(s), applicable Terms of Service (ToS), the Privacy Policy, and the Data Processing Addendum (DPA)) contains the entire understanding and agreement between the parties hereto with respect to the matters referred to herein and supersedes any prior agreements on this subject matter between the parties with respect to the subject matter hereof. Except as otherwise provided herein, this Agreement may not be modified or amended except in writing signed in ink or accepted electronically by the parties. Consistent with the foregoing, if Organization submits a purchase order or any other written instructions that contain any terms or conditions, such order or other instructions shall be considered as a confirmation only and the terms and conditions shall in no way amend, prevail over, supplement or supersede any term or condition hereof. No provision of the Agreement shall be waived by any act, omission or knowledge of a party or its agents or employees except by an instrument in writing expressly waiving such provision and signed by a duly authorized officer of the waiving party. No waiver shall constitute a consent to or waiver of any other breach of the same obligation or a breach of any other obligation contained herein. All notices to be given hereunder shall be in writing (email sufficing), and shall be effective when received by the parties at the address indicated on the Order Form.
12.3 Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the United States and the State in which Organization is located, if Organization is located in the United States, or the State of Delaware, if Organization is located outside of the United States, without regard to conflicts of laws and principles thereto. This Agreement will not be governed by the United Nations Convention on Contracts for the International Sale of Goods. This Agreement may be executed in multiple counterparts, each of which shall be deemed an original of this Agreement and all of which taken together shall constitute one agreement. Delivery of an executed counterpart by facsimile transmission, electronic mail in “Portable Document Format” (.pdf) form, or any other electronic means intended to preserve the original graphic and pictorial appearance of a document, will have the same effect as physical delivery of the paper document bearing the original signatures.The parties affirm this Agreement is by its representative which; (a) has been duly authorized by all necessary corporate or organizational action of such party; and (b) when executed and delivered by both parties, this Agreement will constitute a legal, valid, and binding obligation of such party, enforceable against such party in accordance with its terms. Whenever possible, each provision of the Agreement shall be interpreted in such manner as to be effective, valid and enforceable under applicable law, but if any provision of the Agreement is held to be prohibited by or invalid or unenforceable under applicable law, such provision shall be ineffective only to the extent of such prohibition or invalidity or unenforceability, without invalidating, or rendering unenforceable, the remainder of the Agreement.