The Domain Name Transfer Agreement

The Domain Name Transfer Agreement (“Agreement”, and/or “Terms and Conditions”) is made by and between Masaar (“Masaar) and you and your heirs, agents, successors and assigns (collectively, “Customer), and is made effective as of the date of acceptance. This agreement sets forth the terms and conditions of your use of Masaar domain name transfer services (“Services).

Your acceptance of this Agreement signifies that you have read, understand, acknowledge, and agree to be bound by these terms and conditions along with all other applicable Masaar agreements which are incorporated herein by reference.

The terms “we”, “us”, or “our” shall refer to Masaar. The terms “you”, “your”, “user”, or “customer” shall refer to any individual or entity who accepts this Agreement. Nothing in this Agreement shall be deemed to confer any third-party rights or benefits.

1. Transfers

You are able to transfer domain names to or from Masaar according to the terms and transfer policies of the respective Registry for the TLD of the domain name you wish to transfer. Each Registry has its own unique transfer policy which Masaar adheres to. For all TLDs under ICANN sponsorship, you may find more information on the transfer policy that Masaar is required to follow for all TLDs under ICANN sponsorship here:

http://www.icann.org/en/resources/registrars/transfers

In order to determine who the sponsoring registrar currently is for your domain name, please visit:http://www.internic.net/whois.html

In order to protect your domain names, we may place a transfer lock on domain names in many TLDs automatically when they are registered or renewed with us. In order to transfer to another registrar, you must remove this transfer lock. You are able to do this from your account (“Account“) on Masaar Website (“Website”) or by contacting domain support.

If you purchased Trustee Services or Private Registration Services from Masaar when registering or renewing the domain name you would like to transfer out, we must cancel these services, and you are required to replace any of our information, documentation, or our Trustee’s information and/or documentation in relation to these services with your own information, before the transfer out will be approved by us.

You acknowledge that when cancelling these services, this action may qualify as an ownership change or other update to the domain name which may incur additional fees or require you to renew the domain name with us prior to transferring the domain name to another registrar. There will be no refund for partially fulfilled terms for Trustee Services or Private Registration Services.

In no event, shall Masaar be liable for the failure of a transfer or loss of your domain name if the transfer is initiated close to the end of the registration term, the transfer is not approved by the Registrant or Administrative Contact of the domain name, the Fees for the Service remain unpaid or are in dispute, or any other reason outlined in ICANN or the Registry’s transfer policies.

2. Transferring Domain Names To Masaar

(a) Upon successful transfer to Masaar, Masaar, or its partner(s), shall become the Registrar of record. You, or your designated Trustee, will become or remain the Registrant. Your registration will automatically be extended for one year (or more years upon request);

(b) Upon successful transfer to Masaar, you will have control to renewal, modify dns, and perform other functions to the domain name available to you as a Registrant or Administrative Contact according to the terms of the Domain Name Registration Agreement;

(c) Transfers may only be initiated once you have accepted this Agreement, payment has been made, and you have approved the transfer through the Form of Authorization (“FOA“) received via email;

(d) You understand that if a domain name has been recently renewed or the Registry’s terms and conditions state otherwise, there is a potential the recent renewal year may be lost when transferring to Masaar. You understand that Masaar is not responsible for the lost year and will not credit your Account for this.

3. Transferring Domain Names From Masaar

(a) Upon successful transfer of the domain name from Masaar, Masaar, or its partner(s) will no longer be the Registrar of record and will not have any control of the domain name. You will remain the Registrant at your new Registrar and must contact them for additional assistance.

(b) Transfers may only be initiated once you have accepted this Agreement, you have removed Masaar’s Trustee Service with your own, and you have approved the transfer through the Form of Authorization (“FOA“) received via email;

(c) You understand that if a domain name has been recently renewed or the Registry’s terms and conditions state otherwise, there is a potential the recent renewal year may be lost when transferring from Masaar. You understand that Masaar is not responsible for the lost year and will not credit your Account for this.

(d) You understand that Masaar may reject the transfer of your domain name from Masaar under certain circumstances outlined here: http://www.icann.org/en/resources/registrars/transfers

4. Selling on SedoMLS through Masaar

Masaar has partnered with SedoMLS to allow you to list your domain names managed by Masaar (“Listed Domain Names“) on the SedoMLS network to sell to buyers then transfer the Listed Domain Names to the buyer.

In order to sell your Listed Domain Names through this process and transfer to the buyer, you agree:

(a) To Sedo’s terms and conditions found at http://sedo.com/us/about-us/policies/;

(b) You will submit your Listed Domain Name at a fixed price to SedoMLS;

(c) You expressly pre-approve the transfer of your Listed Domain Name into the SedoMLS system upon a sale;

(d) You will receive an FOA pre-approving the transfer from Masaar via email which you must confirm or deny in order for the listing to become active;

(e) You expressly agree that, if sold, the Listed Domain Name may be transferred out of your account with Masaar at any point and without notification, pursuant to such sale;

(f) You agree to all SedoMLS requirements including, but not limited to, paying the applicable SedoMLS commission in order to complete the transaction;

(g) You agree that you own the Listed Domain Name free and clear of any liens or encumbrances;

(h) You agree that the Listed Domain Name is not subject to a dispute, bankruptcy proceeding, or other legal action that would prevent you from selling the Listed Domain Name to another party.

5. Buying on SedoMLS through Masaar

Masaar has partnered with SedoMLS to make domain names listed for sale on the SedoMLS network available to customers of Masaar through Masaar’s system, then transfer the domain name to your Account with Masaar from the seller.

In order to purchase and transfer from SedoMLS through Masaar’s system, you agree:

(a) To Sedo’s terms and conditions found at http://sedo.com/us/about-us/policies/;

(b) Upon purchase, you acknowledge that you are entering into a binding, non-revocable, purchase agreement (“Purchase Agreement“) with Masaar and SedoMLS to purchase the domain name for the price agreed upon in Masaar’s checkout process;

(c) You will receive a Form of Authorization (“FOA“) requesting the transfer to Masaar via email which you must confirm in order for the purchase to be completed;

(d) You agree to all other SedoMLS requirements in order to complete the transaction.

6. Indemnification

You agree to release, defend, indemnify and hold harmless Masaar, its parent companies, subsidiaries, affiliates, shareholders, agents, directors, officers, and employees from and against any and all claims, demands, liabilities, losses, damages or costs, including reasonable attorney’s fees, arising out of or related in any way to this Agreement, the Services provided hereunder by Masaar, the Website or your account manager, your Account with Masaar, your use of the Services, and/or disputes arising in connection with the Services.

7. Warranty Disclaimer

MASAAR, ITS SUBSIDIARIES, AFFILIATES, SHAREHOLDERS, AGENTS, DIRECTORS, OFFICERS, AND EMPLOYEES EXPRESSLY DISCLAIM ALL REPRESENTATIONS AND WARRANTIES OF ANY KIND IN CONNECTION WITH THIS AGREEMENT, THE SERVICES PROVIDED HEREUNDER, THE WEBSITE OR ANY WEB SITES LINKED TO THE WEBSITE, WHETHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT, EXCEPT FOR OUR STATEMENT REGARDING OUR ACCREDITATION AS ICANN-APPROVED DOMAIN NAME REGISTRAR. ALL SERVICES, AS WELL AS THE WEBSITE, ARE PROVIDED “AS IS”. YOUR SUBSCRIPTION TO, AND USE OF, MASAAR’S SERVICES AND ITS WEBSITE ARE ENTIRELY AT YOUR RISK. YOU SPECIFICALLY ACKNOWLEDGE AND AGREE THAT NO ORAL OR WRITTEN INFORMATION OR ADVICE PROVIDED BY MASAAR, ITS SUBSIDIARIES, AFFILIATES, SHAREHOLDERS, AGENTS, DIRECTORS, OFFICERS, AND EMPLOYEES CONSTITUTE LEGAL, FINANCIAL, OR TAX ADVICE AND YOU SHOULD NOT RELY ON ANY SUCH INFORMATION OR ADVICE AS SUCH. SOME JURISDICTIONS DO NOT ALLOW THE DISCLAIMER OF IMPLIED WARRANTIES, IN WHICH EVENT THE FOREGOING DISCLAIMER MAY NOT APPLY TO YOU.

8. Limitations of Liability

YOU AGREE THAT MASAAR WILL NOT BE LIABLE FOR ANY (1) SUSPENSION OR LOSS OF THE SERVICES (2) USE OF THE SERVICES, (3) INTERRUPTION OF THE SERVICES OR INTERRUPTION OF YOUR BUSINESS, (4) ACCESS DELAYS OR ACCESS INTERRUPTIONS TO OUR WEBSITE OR SERVICES OR DELAYS OR ACCESS INTERRUPTIONS YOU EXPERIENCE IN RELATION TO THE SERVICES; (5) LOSS OR LIABILITY RESULTING FROM ACTS OF OR EVENTS BEYOND OUR CONTROL (6) DATA NON-DELIVERY, MIS-DELIVERY, CORRUPTION, DESTRUCTION OR OTHER MODIFICATION; (7) OR LOSS OR LIABILITY RESULTING FROM THE UNAUTHORIZED USE OR MISUSE OF YOUR ACCOUNT IDENTIFIER OR PASSWORD. YOU ALSO AGREE THAT MASAAR WILL NOT BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES OF ANY KIND (INCLUDING LOST PROFITS) REGARDLESS OF THE FORM OF ACTION WHETHER IN CONTRACT, TORT (INCLUDING NEGLIGENCE), OR OTHERWISE, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN NO EVENT SHALL OUR MAXIMUM AGGREGATE LIABILITY EXCEED THE TOTAL AMOUNT PAID BY YOU FOR THE USE OF THE SERVICES, BUT IN NO EVENT GREATER THAN THE AMOUNT FOR THE PRIOR 3 MONTHS OF SERVICES PAID FOR UNDER THIS AGREEMENT. BECAUSE SOME STATES DO NOT ALLOW THE EXCLUSION OR LIMITATION OF LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES, IN SUCH STATES, LIABILITY SHALL BE LIMITED TO THE MAXIMUM EXTENT PERMITTED BY LAW.

9. General

You may not assign any of your rights or privileges, or delegate any of your duties or obligations hereunder, in whole or in part, by operation of law or otherwise, to any third party without the prior written consent of Masaar. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective permitted successors and assigns.

Masaar reserves the right, in its sole and absolute discretion, to change or modify this Agreement, and any policies or agreements which are incorporated herein, at any time and without notice. Any such changes or modification shall be effective immediately upon posting to the Website. If you do not agree to be bound by this Agreement as last revised as indicated by the “Last Revised” date located at the bottom of this Agreement, do not use or continue to use the Services. You agree that your exclusive remedy is to transfer your Services to another registrar or request us to terminate your Services under this Agreement. Masaar may occasionally notify you of changes or modifications to this Agreement or the Services by email so it is very important that you keep your account information current and up to date. Masaar is not responsible and assumes no liability for your failure to receive an email notification if such failure results from inaccurate or out-dated account information.

This Agreement constitutes the entire agreement between the parties concerning the subject matter herein and supersedes all prior understandings and agreements between the parties, whether written or oral, regarding the subject matter herein. Any of the provisions of this Agreement which are determined to be invalid or unenforceable in any jurisdiction shall be ineffective to the extent of such invalidity or unenforceability in such jurisdiction, without rendering invalid or unenforceable the remaining provisions hereof or affecting the validity or unenforceability of any of the terms of this Agreement in any other jurisdiction. A waiver by either party of a breach or violation of any provision of this Agreement will not constitute or be construed as a waiver of any subsequent breach or violation of that provision or as a waiver of any breach or violation of any other provision of this Agreement. The headings contained in this Agreement are for convenience only and shall not affect meaning or interpretation of this Agreement.

10. Notices

You agree that any notices required to be given under this Agreement by us to you will be deemed to have been given if delivered in accordance with the Account and/or WHOIS information you have provided.

11. Contact Information

If you have any questions or concerns about anything found in this Agreement or other agreements with Masaar, please contact us by regular mail, courier, or email to the following address:

Legal/Corporate:

Masaar,

Falaj Al Mualla, Umm Al Qaiwayn,

United Arab Emirates,

legal@masaar.com

Technical Support/Customer Service:

Masaar,

Falaj Al Mualla, Umm Al Qaiwayn,

United Arab Emirates,

support@masaar.com

12. Governing Law

This Agreement and its subject matter shall be governed in accordance with the laws of, including, but not limited to:

(a) UAE Federal Legislations;

(b) Abu Dhabi Courts Legislations;

(c) Dubai Courts Legislations;

without regard to conflict of laws and principles contained therein with the exception of disputes related to the Domain Name Registration Agreement which fall under UDRP,URS, or similar dispute resolution process as defined by various Registry policies incorporated or made reference to herein. All other services provided are subjected to the local and federal copyright and intellectual property laws and principles of United Arab Emirates.