Foreign trade, imports and exports of MAGNA POWERTRAIN DE MEXICO S.A. DE C.V.

PLEASE READ THE FOLLOWING TERMS AND CONDITIONS OF SERVICE BEFORE LOGGING IN. 

By continuing to access, link to, or use this site, or any services on this site, you are accepting them. Veritrade Corp., who for the purposes of the contract will henceforth be called only Veritrade is a company specialized in providing information and analysis of imports and exports through its website www.veritradecorp.com owned, produced and operated by Veritrade. 

These terms and conditions establish the legal terms and conditions that govern the visits and use of our website located at www.veritradecorp.com and any other online and mobile website, blogs and interactive applications produced and operated by Veritrade. 

Veritrade reserves the right to modify, delete or add to the terms and conditions at any time and such modifications will be effective immediately. Accordingly, please continue to review them each time you access, link to, or use this site. when we consider that these are important changes, we will place a notice for a period of time determined at our discretion on www.veritradecorp.com indicating this. Your access, link or use of the site, or of any service on this site, after the publication of modifications to the terms and conditions will constitute acceptance of the modifications to it. If you do not want to accept the terms and conditions, you will not be able to access, link or use the website. Terms and conditions proposed by you that add to or conflict with the terms and conditions are expressly rejected by Veritrade and will have no force or effect. 

1. User consent. 

You declare that you have read and agree to be bound by the terms and conditions. 

2. Intellectual property. 

This website and all the content it contains, or may contain in the future, including but not limited to text, content, photographs, video, audio and graphics, products, designs, information, applications, software, music, audio files, articles, directories, guides, photographs, as well as trademarks, service marks, trade names, trade dress, copyrights, logos, names of domain, codes, patents and / or any other form of intellectual property that is related to this website are owned or licensed by Veritrade and are protected against any use, copying and dissemination not authorized by copyright, trademarks, service marks, international treaties and / or other rights and property laws of the US and other countries. 

3. User terms and restrictions. 

Veritrade will grant the access codes which must be used in accordance with the acquired subscription. 

The client or user will not use or allow the use of users and passwords in an illegal manner, including without limitation to third parties, subsidiary or affiliated companies. Such passwords must be kept in strict confidentiality by both parties. The service may not be used for any illegal purpose, to facilitate the violation of any law or regulation, or in any way that is not compatible with the terms and conditions. You agree to use the service solely for your own non-commercial use and benefit, not for resale or other transfer or disposal or use by, or for the benefit of, any other person or entity. You will be solely responsible for all charges related to the connection, use of the internet, as well as your equipment necessary to access the publication. Veritrade will not be liable for interruption and / or delays in transmission caused by third party liability. 

The customer acknowledges and accepts that Veritrade uses communication networks over which it has no control and over which it does not assume any responsibility for interruptions and / or delays and / or suspensions and / or failures that restrict the use of the service acquired. 

Veritrade reserves the right to modify and make improvements to the product, provided it considers that these are for the benefit of the product and the customers. Due to the possibility of human and / or mechanical errors and / or caused by third parties, Veritrade does not guarantee and will not be liable to customers or third parties for any errors, losses , damages or direct or indirect injuries that occur and / or arising from any inaccuracies. , lack or delay in the published information; which he performs in good faith and obtains from legal sources that he deems reliable. Veritrade does not assume any responsibility for any material beyond its control and property that the client or a third party has accessed through a notice or link. 

4. Licenses. 

Under no circumstances do you acquire any right or license to the service and the materials contained in the service, apart from the limited right to use it in accordance with the terms and conditions. If you choose to download content from the service , you must do so in accordance with the terms and conditions. Veritrade authorizes such download for your personal and non-commercial use only in accordance with the terms and conditions and does not transfer any other rights to you. Veritrade does not wish to receive or consider processes, creative ideas, suggestions or materials that have not been specifically requested. We therefore ask that you do not send us anything that you expect to be compensated for or that you would like to keep private. If, however, you choose to make such a presentation, Veritrade may freely use it in whole or in part, for any purpose without any obligation to you. Without limiting the generality of the foregoing, if you submit any material such as user-generated content, including but not limited to: comments, text, video, audio, and photographs to this site, to any other site owned by Veritrade and its affiliates or to Veritrade or its representative, or if you send us creative suggestions, ideas, notes, concepts or any other information, despite our request that you do not send us such submission will be treated as non-confidential and non-proprietary in each case. 

5. Fees and payments. 

Veritrade reserves it right at any time to charge for access to any current or additional part of the service . If at any time you are required to pay a fee to use part of the service or the service in its entirety, Veritrade will require you to register and create an account. The decision to provide the information necessary to create an account is purely voluntary and optional; however, if you choose not to provide such information, you will not be able to access certain content or participate in certain parts or functions of this site. All fees and charges incurred through your account must be paid at the rates in effect for the billing period in which such fees and charges are incurred. All fees and charges will be billed to you and you will be solely responsible for your payment. You must pay all applicable taxes related to the use of the service through your account and the purchase of any other product or service. If there is no document to the contrary, it is assumed that the purchase includes access to the website for 12 months from the date of the invoice. The service, except expressly documented information from Veritrade, requires the payment of the prepaid rate. You will prepay the prepaid raffle and all related taxes and fees. The client acknowledges and accepts that, if he unilaterally cancels his contract before expiration, he will not be entitled to any economic reimbursement. 

6. Registration and account creation. 

As part of the registration and account creation process necessary to gain access to certain parts of the service, including those parts that require a fee or payment to access, a username and password will be selected. You will provide Veritrade with certain registration information, all of which must be accurate, true, and current. You must not: (i) select a username already used by another person; ( ii ) create an account for anyone other than yourself without permission; ( iii ) use a username in which another person has rights without the authorization of that person; or ( iv ) use a username or password that Veritrade, in its sole discretion, deems offensive or inappropriate. Veritrade reserves the right to deny the creation of your account based on Veritrade's inability to verify the authenticity of your registration information. You will be solely responsible for maintaining the confidentiality of your password. You should immediately notify Veritrade of any known or suspected unauthorized use of your account, or any known or suspected breach of security, including the loss, theft, or unauthorized disclosure of your password or credit card information. You are fully responsible for all use and activity of your account, including but not limited to the use of the account by any third party authorized by you to use your username and password. You agree that you will not sell, transfer or assign your membership or any membership rights. If the computer system in which you accessed the service is sold or transferred to another party, you guarantee and declare that you will delete all cookies and software files obtained by or through the use of the service. 

7. Indemnification.

You agree on your own account, to indemnify, defend and hold Veritrade, its Suppliers, agents, directors, officers, employees, representatives, successors and assigns from and against each and every one of the claims, damages, liabilities, costs. and expenses arising out of or in connection with the service, or any link in the service. The client will indemnify Veritrade for any loss, including without limitation the loss of contracts and / or future sales and / or profits incurred as a result of access by non-client third parties due to the client's breach of any of the terms of the contract. It is the customer's responsibility to ensure that the password is changed when an authorized person (user) stops working for the company or no longer belongs to the institution. Without limitation to the other rights and / or solutions that Veritrade has to act legally and if there are reasonable suspicions to suppose that the client has breached any of the terms of this contract regarding the fulfillment of the contracted conditions, Veritrade will reserves the right to terminate or take steps to restrict part of access in order to comply with the terms of sale. In this case, the client will not have the right to financial reimbursement of the payment already made. Veritrade reserves the right to block access and terminate the contract without any liability or reimbursement to the customer if at any time it considers that there is a probable breach of security or the use of the user and / or access codes, people and / or companies unauthorized. Veritrade is the only legally responsible to the client and / or third parties and its sole responsibility related to any part of this contract will not exceed the fee paid by the client. 

8. Termination. 

Veritrade has the right to unilaterally terminate the contract if at any time it is not possible for any reason to comply with it, with the only legal responsibility being to reimburse the equivalent of the difference between the contracted sum and the updates

not received by the client. Said economic reimbursement will have no effect in the event that said impossibility is due to causes of force majeure beyond Veritrade's control or legal regulations imposed by the countries that restrict access to information. 

These services and the terms and conditions will be governed exclusively by the laws of the USA and the parties agree to submit to the exclusive jurisdiction of their courts. 

Veritrade Corp. 

2030 South Douglas Road, Suite 214, Coral Gables, Florida 33134 USA

Email: info@veritradecorp.com

November 1st, 2020