Trader Agreement

1. Parties and Agreement

This Trader Agreement ("Agreement") is entered into between The Black Vault Funding, Inc. ("Company") and the individual trader who has registered for and purchased access to an evaluation program ("Trader"). By registering, purchasing, or participating in any program, the Trader accepts this Agreement in full. This Agreement is incorporated by reference into and forms part of the Terms of Service.

2. Program Access and Independent Contractor Status

The Company grants the Trader a limited, non-exclusive, non-transferable license to access the Platform for the purpose of participating in the evaluation program selected at the time of purchase. The Trader is an independent contractor and not an employee, partner, agent, or representative of the Company in any capacity. Nothing in this Agreement creates an employment relationship, joint venture, or partnership between the parties. The Trader has no authority to bind the Company to any obligation.

3. Trading Standards and Conduct

The Trader agrees to conduct all simulated trading activity in a manner consistent with professional trading standards and in accordance with the Evaluation Rules. The Trader specifically agrees to:

• Trade independently using their own analysis, strategies, and decision-making
• Not share, sell, or assign their account access, login credentials, or program benefits to any third party
• Not use automated trading systems, bots, or algorithms without prior written disclosure to and approval from the Company
• Not engage in any form of account copying, mirror trading, or coordinated group trading across multiple accounts or with other traders
• Not exploit data feed latency, pricing anomalies, platform errors, or any technical vulnerability of the Platform
• Not engage in any trading pattern, strategy, or behavior designed solely to pass an evaluation without demonstrating genuine trading skill, including but not limited to high-frequency scalping during low-liquidity periods, reverse martingale strategies timed to evaluation end dates, or systematic exploitation of simulated execution advantages
• Comply with all Evaluation Rules, the Terms of Service, and all other published policies at all times

4. Account Monitoring and Audit Rights

The Company reserves the right to monitor, review, and audit any trader account at any time, with or without notice. The Company may use automated systems, manual review, pattern analysis, and third-party forensic tools to assess trading activity. The Company's audit determinations are final and binding, subject to the dispute resolution provisions in the Terms of Service.

5. Intellectual Property and Confidentiality

All platform content, methodology, scoring systems, algorithms, evaluation frameworks, and related intellectual property are owned exclusively by The Black Vault Funding, Inc. The Trader receives no ownership rights in any Company intellectual property. The Trader agrees not to reverse-engineer, reproduce, distribute, or disclose any non-public information about the Company's systems, methodologies, or internal scoring criteria.

The Trader acknowledges that the evaluation methodology, rule structures, and proprietary scoring systems constitute trade secrets of the Company and agrees to maintain the confidentiality of any such information that is not publicly disclosed by the Company.

6. Non-Circumvention

The Trader agrees not to attempt to circumvent any rule, restriction, or requirement of any evaluation program through technical manipulation, regulatory arbitrage, creative re-interpretation of rules, or any other method not consistent with the published spirit and intent of the program. Circumvention attempts will result in immediate account termination and permanent ban without refund.

7. Disqualification and Termination

The Company may disqualify, terminate, or suspend a Trader's account at any time, with or without prior notice, for any of the following reasons:

• Violation of any Evaluation Rule, trading standard, or policy
• Evidence of fraudulent activity, misrepresentation, or identity fraud
• Account sharing, multi-accounting, or coordinated trading violations
• Any conduct that, in the Company's reasonable judgment, undermines the integrity of the evaluation program
• Breach of any provision of this Agreement or the Terms of Service

Upon disqualification, all program benefits, including funded account status and pending payout requests, are forfeited. No refund will be issued upon disqualification.

8. Limitation of Liability and Indemnification

The Company's liability to the Trader under this Agreement is limited as set forth in the Terms of Service. The Trader agrees to indemnify the Company against any claims arising from the Trader's breach of this Agreement. The Trader acknowledges that they are participating in a simulated environment and accepts all risks associated with participation as disclosed in the Risk Disclosure Statement.

9. Governing Law

This Agreement is governed by the laws of the State of Minnesota. Any disputes arising under this Agreement are subject to the dispute resolution and arbitration provisions set forth in the Terms of Service.

10. Contact

Questions regarding this Agreement should be directed to: [email protected]