Quanstel Trademark Policy

Last update: April 2024

The Quanstel Ecosystem Foundation (“SEF” also referred to as “Trademark Owner”) is the owner of various trademarks. To ensure the integrity and protection of the Quanstel Trademarks (as defined below), to regulate the use of the Quanstel Trademarks, and to protect users SEF has defined this trademark policy ("Policy"). This Policy sets out the conditions and requirements under which the Quanstel Trademarks may be used. This Policy does not provide or amend any licenses applicable to technology published by SEF. Projects operating as separately incorporated entities within the Quanstel ecosystem may have their own trademark policies.

We thank you for your cooperation in complying with this Policy.

1. Purpose and Scope of Application

This Policy covers all of our trademarks, whether they are registered or not, including, among others:

• Quanstel Logo
  
• Horizontal Logo
  
• Vertical Logo
  
• Quanstel{Core} Logo
  
  
• Quanstel{Wallet} Logo
  
  

(the "Quanstel Trademarks"). This list may be updated from time to time, especially as other trademarks are created or registered

This Policy applies to all parties intending to use the Quanstel Trademarks.

2. Definitions

"Trademark Owner" refers to the Quanstel Ecosystem Foundation, with its registered office in Zug, Switzerland (“SEF”).

"Trademark User" refers to any party intending to use the Quanstel Trademarks.

"Commercial Trademark Use" includes any use of the Quanstel Trademarks in business activities aimed at generating profit or economic benefit.

"Informative Trademark Use" includes any reference in text to and/or link to SEF primarily for the purpose of conveying relevant information about the characteristics, qualities, or attributes of SEF products or services.

3. Rules Applicable for SEF Trademark Use

(Thes Rules mainly apply for the Informative Trademark Use as defined under Section 4 below)

One of the guiding principles of the SEF is Open Source. SEF both hopes and encourages external parties to share knowledge related to technology developed and published by SEF, including Quanstel{CORE} and Quanstel{WALLET} (“Quanstel Technology”). It also advocates the promotion of the Quanstel Trademarks used for products built using Quanstel. Therefore, contributors to and participants in the Quanstel ecosystem should be able to use our Quanstel Trademarks to promote their Quanstel projects even beyond the right to fair use.

However, we have to keep in mind that the incorrect use of a brand may lead to a dilution of the Quanstel Trademark and, thus, to impairment due to a lack of differentiation from other brands.Therefore, SEF established the following rules for the use of Quanstel Trademarks. SEF requires you to follow these guidelines to properly use the Quanstel Trademarks to help maintain the value of our Quanstel Trademarks.

3.1 Our Five Rules for the use of Quanstel Trademarks

If you want to use the Quanstel Trademarks, you don't require SEF’s explicit prior permission or license agreement as long as you follow these rules. We reserve the right, in our sole discretion, to alter and amend these rules, to determine when these rules are adhered to or violated, and to choose appropriate enforcement measures.

Rule #1 The ecosystem rule

Rule #2 Use your brand and add Quanstel as an ingredient brand

If you are promoting a strictly non-profit and free-entry event regarding Quanstel Technology, Quanstel{CORE} and/or Quanstel{WALLET}, you may use the Quanstel Trademarks as a primary brand for the event title.

Rule #3 Use Quanstel Trademarks according to our brand guidelines

Rule #4 Integrity of the Quanstel Trademarks and recognition notice

“Quanstel{CORE}® and Quanstel{WALLET}®, and the Quanstel logos are trademarks or registered trademarks of Quanstel Ecosystem Foundation“

4. Approval for Trademark Use

4.1 Informative Trademark Use

Informative Trademark Use of the Quanstel Trademarks does not require a prior approval from the Trademark Owner but the Trademark User has at any time to comply with the Rules as mentioned under Section 3 of this Policy.

4.1 Commercial Trademark Use

Any other use of the Quanstel Trademarks (other than the Informative Trademark Use) requires the prior written consent of the Trademark Owner. The Trademark User is obliged to make a prior written or electronic request (“Use Request”) to the Trademark Owner for consent to the intended use of the Quanstel Trademarks. The Rules mentioned under Section 3 of this Policy also apply to the Commercial Trademark Use unless otherwise stated and/or confirmed by the Trademark Owner.

The request must contain the following information:

• Name and contact details of the Trademark User (including responsible contact person)
• Nature and purpose of the intended trademark use
• Intended duration of the trademark use
• Samples or examples of the intended trademark use

Applications can be sent to the following address: comms@Quanstel.global.

The Trademark User must submit the Use Request at least (7) seven business days prior to the intended commencement of the use of the Quanstel Trademarks.

Approval of the Use Request is at full discretion of the Trademark Owner. The Trademark Owner may decline the Use Request without providing any reasons.

5. Trademark License

5.1 General

The trademark license contains the non-exclusive, non-transferable, non-sublicensable, royalty-free right to use the Quanstel Trademarks. This license shall be valid worldwide.

5.2 Acceptable Uses

The Trademark User undertakes to use the Quanstel Trademarks in accordance with the applicable laws and regulations. In particular, the Trademark User may use the Quanstel Trademarks as follows:

• wordmarks in text to truthfully refer to and/or link to unmodified Quanstel smart contracts and/or Quanstel technology,
• wordmarks in text to truthfully refer to and/or link to unmodified interfaces, programs, products, services and technologies.

5.3 Unacceptable Uses

The Trademark User is not authorised to:

• use the Quanstel Trademarks in a commercial matter without prior approval by the Trademark Owner.
• register or use domain names that contain the Quanstel Trademarks.
• use the Quanstel Trademarks to incorporate them as a component in their company or in its other business designation.
• amend or modify Quanstel Trademarks or combine them with any other symbols, words, or images.
• use the Quanstel Trademarks in any way that could harm the image and reputation of the Trademark Owner. In particular, the Trademark User is prohibited to use the Quanstel Trademarks in a defamatory, offensive, obscene, racist, unlawful or otherwise objectionable context.
• use the Quanstel Trademarks as part of another company’s logo (without prior written consent of the Trademark Owner)
• Creating a website which mimics Quanstel Trademarks and/or functionality for purposes not authorized by the Trademark Owner
• Using outdated versions of the Quanstel Trademarks
• Using Quanstel Trademarks in educational material without prior written consent by the Trademark Owner

6. Compliance with this Policy

The Trademark User is obliged to comply with this Policy at any time and to ensure that the use of the Quanstel Trademarks meets the quality standards and guarantees the integrity of the Quanstel Trademarks.

The Trademark Owner reserves the right to monitor and, if necessary, review the use of the Quanstel Trademarks to ensure that this Policy is complied with. Therefore, the Trademark User is obliged to co-operate and to provide corresponding information at the first request of the Trademark Owner.

7. Liability and Indemnification

The Trademark Owner shall be liable for damages caused by gross negligence and intent. Any further liability of the Trademark Owner shall be excluded.

The Trademark User uses the Quanstel Trademarks at its own risk. The Trademark User shall be obliged to indemnify and golf harmless the Trademark Owner from and against any claims by third parties arising from the use of the Quanstel Trademarks and all associated costs.

8. Termination of the Trademark License

The Trademark Owner may withdraw the license of any Trademark User at any time and without providing reasons. Upon withdrawal of the trademark license, the Trademark User shall immediately remove any references to the Quanstel trademarks and cease any other use.

9. Final Provisions

The Trademark Owner reserves the right to modify or amend this Policy at any time by publishing an updated version here. The Trademark User is obliged to check and comply with the current version of the Policy.

Any amendment, supplement or cancellation of the rights and obligations under this Policy must be made in written form (e-mail is sufficient) to be valid.

This Policy is subject to Swiss law. The courts of Zug shall have exclusive jurisdiction to settle any dispute in connection with this Policy.

SEF, March 2024