Terms of Use

Article 1 (Purpose)

The purpose of these terms of use (“Terms”) is to set forth the rights, obligations, and responsibilities of Foxmedia Co., Ltd. (the “Company”) and its users in connection with the use of the Services (as defined below) offered through the Platform (as defined below) and Applications (as defined below).

Article 2 (Definitions)

(a)“Platform” means the website at www.topreels.com, including any other Foxmedia application, including such as mobile applications (collectively, the “Applications”), which the Company operates to provide the Services to Users.

(b)“User” or “you” means individuals who access the Platform to use the Services offered thereon in accordance with these Terms.

(c)“Services” means various services provided by the Company as specified in Article 4.

Article 3 (Amendment of these Terms)

(a)The Company reserves the right to modify these Terms as permitted by applicable laws.

(b)In cases where the Company wishes to amend these Terms, the Company shall disclose the effective date of the amended Terms and the reasons for such amendment on the landing page of the Platform, or on a separate page connected thereto, from at least seven (7) days prior to the scheduled effective date of such amended Terms. Provided, however, if any amendments to these Terms are disadvantageous to Users or may materially affect the rights and obligations of Users, then notice thereof shall be provided at least thirty (30) days prior to the scheduled effective date of such amendments together with comparisons between the current and to-be-amended provisions so that Users may easily notice the changes.

Article 4 (Provision of the Services and Changes Thereto)

(a)The Company offers the following Services through the Platform:

(i)the website located at http://www.topreels.com (the "Site"), including all services, features and content accessible or downloadable from the Site; and

(ii)Any other Foxmedia Co., Ltd. application (including mobile applications), service or product licensed, downloaded or otherwise accessed by you through third party websites or sources.

(b)The Company retains the discretion to modify the Services based on technical or operational necessities.

Article 5 (Suspension of the Services)

(a)The Company may temporarily suspend its provision of the Services in cases where any computers or other information and communications facilities and equipment are: (i) in need of repair, maintenance, or replacement; or (ii) affected by a malfunction, loss of communications, or any other significant operational reason. In such case, the Company shall provide notice to Users of the suspension in accordance with Article 9 of these Terms.

(b)If the Company is no longer able to provide the Services due to, among other reasons, business reorganization, divestiture, or a change of control event, the Company shall provide notice thereof to Users in accordance with Article 9 of these Terms.

Article 6 (Account)

(a)You can create an account by entering the required details as specified by the Company and agreeing to these Terms.

(b)When registering, you acknowledge that you are required to: (i) provide information about yourself that is true, accurate, current, and complete as prompted by the Services; and (ii) maintain and promptly update such information to ensure it remains true, accurate, up-to-date, and complete.

(c)If the information provided is misleading, inaccurate, incomplete, or out of date, you may be deemed to be in violation of these Terms. The Company reserves the right to suspend or terminate your account and refuse to provide any and all current or future use of the Services.

(d)By registering for an account, which enables you to use the Service, you represent that: (i) you are aged 14 or older; (ii) you fully understand and agree to these Terms; and (iii) if you are under the age of 14, your legal representative has reviewed and agreed to these Terms.

(e)The Company may reject the application for an account based on the following grounds:

(i)if the applying User has previously lost an account in accordance with Article 8(c) of these Terms. Provided, however, the Company may still grant approval if more than 1 years have passed since such loss of the account;

(ii)if there are any false, omitted, or erroneous details provided for the account;

(iii)if an application for an account has been made with the intention of undermining social peace, order, or social norms;

(iv)if the applying User does not meet the criteria set by the Company for acceptance as a User;

(v)if a User is unable to register due to their own fault, or if the application violates any regulations set by the Company;

(vi)any other cases where the Company determines that approving the account will cause significant technical or operational issues.

Article 7 (Changes to Account Information)

(a)Users can view, modify, or delete their personal information at any time on their account information screen on the Platform.

(b)Users must update their account information by using the method in the preceding Paragraph (a) or via other methods such as email in the event any changes occur to information stated in their account status.

(c)The Company shall not be responsible for any disadvantages incurred by a User due to a failure to update their account information in accordance with the preceding Paragraph (b).

Article 8 (Termination of Account)

(a)Users may request the Company to terminate their account at any time. Upon such request, the Company will promptly process the termination.

(b)The Company reserves the right to restrict or suspend a User’s account under the following circumstances:

(i)if a User interferes with another User’s access to the Platform or misappropriates another person’s personal information;

(ii)if a User violates applicable laws, these Terms, or breaches public order and norms while using the Platform;

(c)The Company may terminate a User’s account if such User repeatedly engages in or fails to remedy within thirty (30) days the activity in question, which was the cause of their restriction or suspension of account in accordance with the preceding Paragraph (b).

Article 9 (Notification to Users)

(a)The Company may provide notification to Users through their provided email address or other preferred notification methods indicated.

(b)For general notifications directed at multiple Users, the Company may post a notification on the Platform using methods such as a pop-up page for a minimum of seven (7) days, instead of providing individual notifications to each User. Provide, however, for matters that may significantly impact a User’s rights and obligations, the Company will provide individual notifications to the affected User.

Article 10 (Obligations of the Company)

(a)The Company shall refrain from engaging in any activity that may violate applicable laws, these Terms, or public order and norms, and strive to continuously and reliably provide the Services in accordance with these Terms.

(b)The Company shall refrain from engaging in any unfair promotion or advertising related to its Services.

Article 11 (Obligations of Users)

Users must not engage in any of the following activities:

(i)providing false information during account creation or updates;

(ii)misappropriating information of another person;

(iii)modifying contents posted on the Platform without authorization;

(iv)sharing any data (e.g., computer programs, third-party advertising information, etc.) on the Platform or uploading any data thereto which is unlawful and/or has not been approved by the Company;

(v)infringing or otherwise violating the intellectual property rights (e.g., the patent rights, trademark rights, copyrights, etc.) of the Company or third parties concerning any contents featured on the Platform;

(vi)harming the reputation of or interfering with the business of the Company or third parties;

(vii)posting or uploading content, messages, visual data, or voice data on the Platform, which is obscene, violent, or otherwise violates public order and norms; and

(viii)any other activity which violates applicable laws or these Terms.

Article 12 (Obligations Pertaining to User IDs and Passwords)

(a)Users shall bear the responsibility of managing their IDs and passwords for their accounts.

(b)Users must not allow their IDs and passwords to be used by others.

(c)If a User suspects unauthorized use of their ID/password, they must immediately inform the Company and follow the Company’s instructions.

(d)To the extent permitted by applicable laws, the Company shall not be responsible for any damages incurred by Users due to a failure to adhere to the preceding Paragraphs (a) through (c).

Article 13 (Deletion of Postings)

(a)The Company may remove any of the following categories of information which are posted on the Platform:

(i)information which has not been approved by Company (e.g., computer programs, advertising information on third parties, etc.);

(ii)information which infringes the intellectual property rights of the Company or a third party;

(iii)information which harms the reputation of or interferes with the business of the Company or a third party;

(iv)messages, visual data, or voice data which is obscene, violent, or otherwise violates public order and norm; and

(v)information which violates applicable laws or these Terms.

(b)Anyone who has suffered an infringement of their legal interest due to information posted on the Platform may request the Company to remove the information in question or post additional information in rebuttal thereof. In such case, the Company, in its sole discretion, may implement necessary measures and notify such fact to the requesting individual.

Article 14 (Copyrights)

(a)Ownership of copyrights and any other intellectual property rights related to contents posted on the Platform shall, in principle, vest in the Company.

(b)Ownership of copyrights and any other intellectual property rights related to contents posted on the Platform, which are held by a third party, shall remain with such third party.

(c)In relation to Paragraphs (a) and (b), any additional provisions specified on individual pages of contents shall apply accordingly.

(d)Users are prohibited from commercially utilizing (e.g., reproducing, transmitting, publishing, distributing, recording, etc.) or permitting the commercial use of any information obtained in the course of using the Services provided by the Company that constitutes protected intellectual property of the Company or a third-party without the prior approval of the Company or such third party.

(e)A User shall indemnify and hold harmless the Company from any loss or damage incurred by the Company due to such User’s violation of the preceding Paragraph (d).

Article 15 (Links to Other Platforms)

(a)Where deemed necessary for the provision of the Services, the Company may connect the Platform to other third-party websites through the use of hyperlinks (including hyperlinked letters, pictures, or videos) or other methods.

(b)The Company assumes no liability whatsoever for any purchases of goods or services made autonomously by Users or for any information or contents on third party websites linked to the Platform in accordance with the preceding Paragraph (a), and in no event shall any privacy policies posted on such third party websites apply to the Platform.

Article 16 (Assignment)

Users may not assign, transfer, or provide as collateral, either wholly or partially, any of their rights or obligations under these Terms to a third party without the prior approval of the Company.

Article 17 (Indemnification)

(a)The Company shall not be responsible for any damages suffered by Users related to their use of the Services unless such damages are attributable to the intentional misconduct or gross negligence of the Company.

(b)The Company shall not be responsible for any lost profits claimed by Users related to their use of the Services based solely on the subjective expectations of such Users.

(c)The Company shall not be responsible for any damages suffered by Users due to the Company’s inability to provide the Services in cases where such inability was attributable to a natural disaster or some other event beyond the reasonable control of the Company.

(d)The Company shall not be responsible for any interruptions in the User’s use of the Services where the cause thereof is attributable to such User.

(e)The Company shall not be responsible for any information, materials, reviews on reliability or accuracy, and the like posted by Users regarding any Services provided by the Company.

(f)The Company shall not be responsible for any disputes between Users or disputes between Users and third parties related to any Services or contents posted on the Platform.

(g)Specific matters related to the use of contents within the Services, including, but not limited to, contents provided directly by the Company, may be separately specified on the individual content page. If such specific provisions exist, they shall take precedence over these Terms.

Article 18 (Paid Services)

Regarding the paid services among the Services provided by the Company, a separate terms of use shall be applicable.

Article 19 (Governing Law and Dispute Resolution)

(a)These Terms shall be governed by and interpreted in accordance with the laws of the Republic of Korea.

(b)Any disputes arising between the Company and a User shall be referred to and settled by a competent court to be designated according to the Civil Procedure Act of the Republic of Korea.

Addendum

These Terms shall become effective from November 8, 2023.