Adam byGMO Terms of Service
Comparison Table
15 June 2023
GMO Adam, Inc.

New Wordings
Section2 (Definitions)
In these Terms of Service, the following definitions apply.

Current Wordings
Section2 (Definitions)
In these Terms of Service, the following definitions apply.

(8)“Adam byGMO” means the NFT platform, its website, its
applications, and all the other relevant or ancillary services(including Adam byGMO’s respective services), operated andprovided by us. The NFT platform enables you to sell, bid on,purchase, distribute free of charge, display, access, browse,
deposit, withdraw, and otherwise use NFTs or off-chain tokens
that you can mint.
Section2 (Definitions)
In these Terms of Service, the following definitions apply.

(8)“Adam byGMO” means the NFT platform, its website, its
applications, and other relevant services (including AdambyGMO’s respective services), operated and provided by us.
The NFT platform enables you to sell, bid on, purchase,
distribute free of charge, display, access, browse, deposit,
withdraw, and otherwise use NFTs or off-chain tokens that youcan mint.
Section2 (Definitions)
In these Terms of Service, the following definitions apply.

(43)“Sanctioned Persons” means any individual or entity thathas breached any of Section 41.1 (Export Restrictions andSanctions) (1) through (3).
Section7 (User Account Registrations)
6.Even when we receive an application for a User Accountfrom you, if you fall or are likely to fall under any of thefollowing circumstances (the “Reasons for Refusal to Registera User”), we may refuse your application:(Inserted)(4)if you fall within Antisocial Forces or Sanctioned Persons;Section13 (Creator Accounts)
1.To make an Item’s Primary Sale, you must open a Creator
Account. We may determine, in our sole discretion, whether weapprove your application for a Creator Account. When we(4)if you fall within Antisocial Forces;
Section13 (Creator Accounts)
1.To make an Item’s Primary Sale, you must open a Creator
Account. We may determine, in our sole discretion, whether weapprove your application for a Creator Account. When we

Section7(User Account Registrations)
6.Even when we receive an application for a User Accountfrom you, if you fall or are likely to fall under any of thefollowing circumstances (the “Reasons for Refusal to Registera User”), we may refuse your application:

1

Reason for Amendment
・To clarify the definition
regarding Adam by GMO
as we expand the services.

・To clarify the definition
regarding sanctioned
persons in accordancewith newly established
Article 41.
・To add the “Reasons forRefusal to Register a User”
in accordance with newly
established Article 41.

・To add the “Reasons for
Refusal to Register a PrimarySeller” in accordance with
newly established Article

receive your application for a Creator Account, and if you fallor are likely to fall under any of the following circumstances(“Reasons for Refusal to Register a Primary Seller”), we will
refuse your application:

receive your application for a Creator Account, and if you fallor are likely to fall under any of the following circumstances(“Reasons for Refusal to Register a Primary Seller”), we will
refuse your application:(4)if you fall within Antisocial Forces or Sanctioned Persons;Section32 (Prohibited Activities)
1.You shall not engage in any activity that falls or is likely tofall within any of the following with regard to your use of
Adam byGMO:(4)if you fall within Antisocial Forces;
Section32 (Prohibited Activities)
1.You shall not engage in any activity that falls or is likely tofall within any of the following with regard to your use of
Adam byGMO:(3)a breach of Section 40.1 or 40.2 (Exclusion of AntisocialForces), or Section 41 (Export Restrictions and Sanctions);
Section41 (Export Restrictions and Sanctions)
1. Our products and services may be subject to U.S. export
and re-export control laws and regulations and similar
sanctions laws and regulations applicable in otherjurisdictions (trade, economic, and financial sanctions
laws administered, enforced, or executed by sanctioning
authorities, including the United States, which includes,
but is not limited to, the Office of Foreign Assets Control("OFAC") of the U.S. Treasury Department and the U.S.
Department of State, and the United Nations, theEuropean Union and its member states, HM Treasury, andthe Ministry of Finance Japan), sanctions regulations,embargoes, and restrictive measures. These include theExport Administration Regulations ("EAR") administeredby the U.S. Department of Commerce, trade and economic
sanctions measures administered by OFAC of the U.S.
Treasury Department, and the International Traffic in
Arms Regulations ("ITAR") administered by the U.S.
Department of State, and the Foreign Exchange andForeign Trade Act ("FEFTA") administered by Japan's
Ministry of Finance and Ministry of Economy, Trade andIndustry. You represent and warrant the following
regarding yourself at present and shall comply with thefollowing in the future as your covenants:(1) you do not reside in a country to which the United(3)a breach of Section 40.1 or 40.2 (Exclusion of AntisocialForces);(Inserted)

241.

・To
add
activities inwith newlyArticle 41.

prohibited
accordance
established・To ensure our compliancewith law and to comply
with international export
controls and restrictions
ontransactions
withsanctioned parties

States embargoes goods or otherwise applies
economic sanctions in accordance with any sanctions
laws and regulations;(2) you are not a person who is prohibited from tradingwith under applicable export or re-export laws andregulations, or similar laws applicable in otherjurisdictions, or otherwise on the U.S. Government's
list of prohibited or restricted persons or those who
are owned, controlled, or ultimately controlled bysuch a person; and(3) you are not engaged in any act that may be in
violation of those sanctions laws and regulations.
2. You shall comply with all applicable export and re-export
control laws and regulations, including the EAR andOFAC-administered trade and economic sanctions
measures and the FEFTA. Specifically, the you shall not,directly or indirectly, use, sell, export, re-export, transfer,divert, release or otherwise dispose of any product,
software, technology, including products derived from orbased on such technology, or service you may receivefrom us under these Terms to any prohibited destination,
entity or person under the EAR and OFAC-administeredtrade and economic sanctions measures, or other laws andregulations applicable in the United States or any otherjurisdiction (including the FEFTA), without obtaining
prior approval required by such laws and regulations fromthe competent government authority.
Section47(Language, Governing Law, and Jurisdiction)
2.These Terms and the User Agreement are interpreted inaccordance with and governed by the laws of Japan. The
provisions of the United Nations Convention on Contracts for
the International Sale of Goods do not apply to these Term andthe User Agreement.

Section47(Language, Governing Law, and Jurisdiction)
2.These Terms and the User Agreement are interpreted inaccordance with and governed by the laws of Japan.

To clarify the applicablelawregardingthetransactions of goods.

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