Middle Market Information LLC Subscription Agreement

Website and Magazine (the “Service”) Subscription Agreement

The terms of this Agreement and all operating rules published over the Service constitute the entire agreement (collectively the “Agreement”) between Middle Market Information LLC and you (“Subscriber” or “You”) with respect to the Service.

1. Overview

This Subscription Agreement (“Agreement”) governs access to and use of all subscription-based products and services (the “Services”) provided by Mergers & Acquisitions and TheMiddleMarket.com (“Company,” “we,” “us,” or “our”).

By purchasing or using a subscription, you (“Subscriber”) agree to be bound by this Agreement.

2. Subscription Types

A. Individual Subscription

An Individual Subscription:

  • Is licensed to a single named user
  • May not be shared with other individuals
  • Is intended solely for the Subscriber’s personal professional use

B. Corporate / Enterprise Subscription

A Corporate or Enterprise Subscription:

  • Permits access by multiple users within the same organization
  • Is governed by separate licensing terms where applicable
  • May include broader internal usage rights

3. License Grant

Subject to this Agreement, Company grants Subscriber a limited, non-exclusive, non-transferable, revocable license to access and use the Services.

All rights not expressly granted are reserved.

4. Permitted Use

Subscriber may:

  • Access content for personal, internal informational purposes
  • Use insights in a limited manner within their professional role

5. Prohibited Use

Subscriber may NOT:

A. Sharing & Distribution

  • Share login credentials
  • Allow access by unauthorized users
  • Forward, distribute, or repost content internally or externally
  • Unauthorized sharing of login credentials constitutes a material breach of this Agreement.

B. Commercial Use

  • Use content in client deliverables, reports, or presentations
  • Republish or redistribute content
  • Use content for marketing or promotional purposes

C. Data & Derivative Use

  • Build databases, benchmarks, or datasets using content
  • Extract or compile content systematically
  • Incorporate content into internal knowledge systems

D. AI & Automated Use

  • Use content to train, fine-tune, or improve artificial intelligence or machine learning models
  • Use bots, scrapers, or automated tools to access or extract content

E. Circumvention

  • Attempt to bypass paywalls or access controls
  • Interfere with the operation of the Services

6. Enterprise License Requirement

If:

  • Multiple individuals within the same organization access or use the Services, or
  • Content is shared beyond a single authorized user

Then a Corporate or Enterprise Subscription is required.

Company reserves the right to:

  • Restrict access
  • Require an upgrade to an appropriate license tier

7. Monitoring and Enforcement

Company reserves the right to:

  • Monitor usage patterns for compliance
  • Investigate suspected violations
  • Suspend or terminate access

8. Upgrade and True-Up

If Subscriber usage exceeds the scope of the purchased subscription:

Company may:

  • Upgrade Subscriber to the appropriate license tier
  • Invoice Subscriber for the difference in pricing

Subscriber agrees to pay such amounts upon notice. If the Subscriber chooses not to upgrade it license tier, the Subscriber agrees to pay for any unauthorized usage based on the Company’s standard enterprise pricing for the applicable period.

9. Commercial Licensing

Any use of content for:

  • Internal distribution across teams
  • Client-facing materials
  • External publication or marketing

Requires a separate written licensing agreement.

For licensing inquiries contact [email protected]

10. Subscription Fees and Payment

  • Subscription fees are billed in advance
  • All fees are non-refundable unless otherwise stated
  • Subscriber agrees to provide accurate billing information

11. Renewal and Term

  • Subscriptions automatically renew unless canceled prior to renewal
  • Renewal terms match the original subscription period
  • Company may adjust pricing upon renewal with notice

12. Cancellation

Subscriber may cancel:

  • At any time prior to renewal

Cancellation:

  • Does not result in a refund for the current term
  • Prevents future billing

13. Intellectual Property

All content, including:

  • Articles
  • Research
  • Survey data
  • Analytics

Is owned by Company or its licensors.

No ownership rights are transferred to Subscriber.

14. Disclaimer

Content is provided for informational purposes only.

Company does not guarantee:

  • Accuracy
  • Completeness
  • Investment outcomes

Content should not be relied upon for:

  • Investment decisions
  • Legal or financial advice

15. Limitation of Liability

To the fullest extent permitted by law:

Company shall not be liable for:

  • Indirect or consequential damages
  • Loss of profits or business opportunities

16. Termination

Company may suspend or terminate access:

  • For violation of this Agreement
  • For misuse of Services
  • At its discretion

17. Changes to Agreement

Company may modify this Agreement at any time.

Continued use constitutes acceptance of updated terms.

18. Governing Law

This Agreement is governed by the laws of the State of Connecticut.

19. Contact

Middle Market Information LLC
P.O. Box 452
Georgetown, CT 06829
[email protected]