SUBSCRIBER AGREEMENT

When you subscribe to a Big Picture Speculator (hereafter “BPS”) service you agree to the subscriber’s Terms of Use as outlined below.

1. Term: This agreement starts with the commencement of your subscription to the Service, trial or paid, for the period you chose during the subscription process.

2. License: In consideration of your subscription fee, BPS grants to you a limited, non-exclusive, non-transferable license to use the content (the “Content”) contained in the Service in accordance with the terms and conditions set forth in this Agreement.

3. Limitations of Use: You may not disclose, furnish or sell any of the content of the Service to any third party. You may not give your access password to any third party, allowing them access to the Services of BPS. It is a violation of federal copyright law to reproduce or distribute all or part of our Service or its contents by any means. The Copyright Act imposes liability of up to $150,000 per issue for such infringement. Financial advisors or investment professionals who wish to use the advice for their clients' portfolios should inquire about a site license or multiple subscription discounts.

4. Intellectual Property: You acknowledge that all proprietary rights in the Content of the Service are and shall remain the property of BPS and that you have no right or interest in the content other than the right to use it in accordance with the terms and conditions contained in the Agreement for your own personal use.

5. Payment: You agree to pay all fees and charges incurred in connection with your account at the rates in effect when the charges occur. You have 60 days from the date to notify us of any discrepancies in your credit card BPStement in relation to your subscription; after that time, all charges will deemed to be correct. You agree to pay all amounts due upon our demand in accordance with you subscription. In the event we have to collect unpaid amounts you owe us, you will be liable for all attorneys’ and collection fees.

6. Cancellation: No refunds can be given for any reason. Before subscribing, you must be sure that you take trading seriously and intend to give the service a fair period of time.

7. Compliance with applicable Law: You will comply with all applicable laws and regulations relating to use of the Service including federal copyright laws.

8. Limitations of Liability: BPS is a publisher of investment-related publications. The service is intended as a guide and an educational vehicle. It is not registered with any BPSte securities authority or the U.S. Securities and Exchange Commission as it does not provide any “personalized” investment advice. The Service is not an offer to sell any securities, mutual funds, or investments of any type. You should not rely solely upon the content of the Service for your investments, but should always do your own research and due diligence on any investment you engage in. The opinions expressed in the Service are those of the authors. BPS does not guarantee any level of investment profits should the analysis be followed by you, nor the accuracy, completeness, or suitability of the investments discussed. Investments in securities have inherent risk, and you assume all risk associated with the investment process. BPS will not be liable for any monetary loss resulting directly or indirectly from use of the Service. BPS makes no warranty of any kind, express or implied, including, without limitation, any warranties of fitness for a particular purpose.

9. Indemnity: You shall indemnify BPS from and against all claims, costs, demands, expenses and liabilities, including reasonable attorney’s fees, resulting from your breach of this Agreement.

10. Severability: If any part of this Agreement is held invalid, illegal or unenforceable, the remaining provisions will be unimpaired.

For subscription inquiries please contact us at editor@bigpicturespeculator.com