📖Legal Matters
TRANSFER RESTRICTIONS NEITHER RCUSD NOR RCUSD+ IS REGISTERED IN ANY JURISDICTION. THE PURCHASE OF RCUSD AND THE RECEIPT OF RCUSD+ ARE LIMITED SOLELY TO NON-U.S. PERSONS AS DEFINED IN REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED. THE PURCHASE AND SALE OF RCUSD AND RCUSD+ IS NOT PERMITTED IN THE UNITED STATES AND CERTAIN OTHER COUNTRIES. RCUSD AND RCUSD+ ARE SUBJECT TO ADDITIONAL RESTRICTIONS ON TRANSFER SET FORTH HEREIN AND/OR AS ISSUERCO MAY ADOPT IN THE FUTURE BY POSTING PUBLIC NOTICE. RCUSD AND RCUSD+ ARE OFFERED ONLY IN JURISDICTIONS WHERE THE OFFER AND SALE OF SUCH TOKEN IS PERMITTED UNDER APPLICABLE LAW.
FORCE MAJEURE ANY DELAY IN THE PERFORMANCE OF ANY DUTIES OR OBLIGATIONS OF ISSUERCO OR STAKINGCO WILL NOT BE CONSIDERED A BREACH OF THIS R25 PROTOCOL DOCUMENTATION IF SUCH DELAY IS CAUSED BY AN EVENT BEYOND THE CONTROL OF ISSUERCO OR STAKINGCO.
COMPLIANCE WITH APPLICABLE LAW A PROSPECTIVE PURCHASER OF RCUSD OR RECIPIENT OF RCUSD+ MUST COMPLY WITH ALL LAWS AND REGULATIONS THAT APPLY TO IT IN ANY PLACE IN WHICH IT PURCHASES, ACQUIRES, USES, OFFERS OR SELLS ANY RCUSD OR RCUSD+, AND MUST ALSO OBTAIN ANY CONSENTS, PERMISSION OR APPROVALS THAT IT NEEDS IN ORDER TO PURCHASE, ACQUIRE, USE, OFFER OR SELL ANY RCUSD OR RCUSD+ UNDER THE LAWS AND REGULATIONS IN FORCE IN ANY JURISDICTION TO WHICH THEY ARE SUBJECT OR IN WHICH THEY MAKE ANY SUCH PURCHASE, ACQUISITION, USE, OFFER OR SALE. ISSUERCO AND STAKINGCO ARE NOT RESPONSIBLE FOR A PROSPECTIVE PURCHASER OR RECIPIENT, OR A PURCHASER OR RECIPIENT’S COMPLIANCE WITH THESE LEGAL REQUIREMENTS.
GOVERNING LAW AND DISPUTE RESOLUTION THIS R25 PROTOCOL DOCUMENTATION AND ANY ACTION RELATED THERETO SHALL BE GOVERNED BY THE LAWS OF THE BRITISH VIRGIN ISLANDS, WITHOUT REGARD TO ITS CONFLICTS OF LAW RULES. ANY DISPUTE, CONTROVERSY OR CLAIM ARISING OUT OF OR RELATING TO THIS R25 PROTOCOL DOCUMENTATION, INCLUDING THE EXISTENCE, VALIDITY, INTERPRETATION, PERFORMANCE, BREACH OR TERMINATION THEREOF OR ANY DISPUTE REGARDING NON-CONTRACTUAL OBLIGATIONS ARISING OUT OF OR RELATING TO IT SHALL BE REFERRED TO AND FINALLY RESOLVED IN ACCORDANCE WITH THE BVI IAC ARBITRATION RULES. THE NUMBER OF ARBITRATORS SHALL BE [ONE / THREE]. THE PLACE OF ARBITRATION SHALL BE [ROAD TOWN, TORTOLA, BRITISH VIRGIN ISLANDS], UNLESS THE PARTIES AGREE OTHERWISE. THE LANGUAGE TO BE USED IN THE ARBITRAL PROCEEDINGS SHALL BE ENGLISH.
AMENDMENT ANY PROVISION OF THIS R25 PROTOCOL DOCUMENTATION MAY BE AMENDED, WAIVED OR MODIFIED BY ISSUERCO AND STAKINGCO AT ANY TIME. ANY AMENDMENTS OR MODIFICATIONS TO THIS R25 PROTOCOL DOCUMENTATION WILL BE EFFECTIVE IMMEDIATELY UPON POSTING NOTICE OF SUCH AMENDMENTS OR MODIFICATIONS ON THE PORTAL.
LIMITATION OF LIABILITY AND DAMANGES. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ISSUERCO AND STAKINGCO SHALL NOT BE LIABLE TO ANY HOLDER OF RCUSD OR RCUSD+ FOR ANY TYPE OF INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE, CONSEQUENTIAL OR EXEMPLARY DAMAGES, INCLUDING DAMAGES FOR LOST PROFITS, GOODWILL, USE OR DATA, EVEN IF ISSUERCO OR STAKINGCO HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THIS LIMITATION UPON CLAIMS AND DAMAGES IS INTENDED TO APPLY WITHOUT REGARD TO WHETHER OTHER PROVISIONS OF THIS R25 PROTOCOL DOCUMENTATION HAS BEEN BREACHED OR BEEN PROVEN INEFFECTIVE. THE MAXIMUM LIABILITY OF ISSUERCO AND STAKINGCO ARISING OUT OF OR IN ANY WAY CONNECTED TO THIS R25 PROTOCOL DOCUMENTATION, RCUSD OR RCUSD+ WILL NOT EXCEED THE AGGREGATE FACE VALUE OF THE RCUSD OR RCUSD+ SUBJECT TO THE CONTROVERSY. IN NO EVENT WILL ISSUERCO AND STAKINGCO HAVE ANY LIABILITY ARISING OUT OF OR IN ANY WAY RELATED TO THE ACTS OR OMISSIONS OF ANY THIRD PARTY.
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