DoBarter Adds $300,000 Penalties to Software Contract
In a surprising and controversial move, DoBarter has imposed a $100,000 times 3 penalty if you use other barter software, switch to a different barter software provider, allow your programmer or web developer to access the DoBarter software, or decide you want to use your own software within one year of using DoBarter software. Do all three and you could owe them $300,000.
Following is an excerpt of the DoBarter online Exchange Membership Agreement that can be found at: http://dobarter.com/Membership_Agreement.asp?
Member Exchange agrees not to use another on-line software provider relating to DarnFast Software Inc. (DoBarter/IBA) while using DarnFast Software Inc. (DoBarter/IBA) software and for a period one (1) day less than one (1) year after termination of use of DarnFast Software Inc. (DoBarter/IBA) software. Member Exchange agrees that violation of this creates a financial obligation of $100,000.00 USD from Member Exchange to DarnFast Software Inc. (DoBarter/IBA).
Member Exchange agrees that giving software providers or developers access to DarnFast Software Inc. (DoBarter/IBA) system software Site Manager creates a financial obligation of $100,000.00 USD from Member Exchange to DarnFast Software Inc. (DoBarter/IBA).
Member Exchange agrees use of DarnFast Software Inc. (DoBarter/IBA) system software gives Member Exchange valuable information into the software requirements of DarnFast Software Inc. (DoBarter/IBA) system software. Member Exchange agrees not create, participate in the creation of software relating to DarnFast Software Inc. (DoBarter/IBA) while using DarnFast Software Inc. (DoBarter/IBA) software and for a period one (1) day less than one (1) year after termination of use of DarnFast Software Inc. (DoBarter/IBA) software. Member Exchange agrees that violation of this creates a financial obligation of $100,000.00 USD from Member Exchange to DarnFast Software Inc. (DoBarter/IBA).
An exchange owner that switched from DoBarter in late March of this year said, “DoBarter held my information hostage because I was subject to a $100,000 penalty for using different software in a year. Based on that they didn’t release my backup data. All I have is from March forward. $100,000 is like two hundred months of paying the max fee to DoBarter that they will charge an exchange.”
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