ROWTrader Software Access & Commission Agreement

Last updated: April 2026

This Software Access and Commission Agreement (“Agreement”) is entered into between ROWTrader (“Provider”) and the individual accepting this Agreement (“User”). By checking the acceptance box and activating your account, you agree to be legally bound by the terms below.

1. Nature of Service — Software Access Only

ROWTrader provides the User with licensed access to an automated trading software platform (“the Software”). The Provider is not a registered investment advisor, broker-dealer, or financial planner. The Provider does not manage the User’s funds, hold custody of any assets, or make discretionary trading decisions on the User’s behalf. All trades are executed automatically by the Software within the User’s own brokerage account, which remains solely under the User’s control at all times. Nothing in this Agreement or in the operation of the Software constitutes investment advice, financial advice, or a recommendation to buy or sell any security.

2. Commission Structure & High-Water Mark Rule

In exchange for access to the Software, the User agrees to pay the Provider a performance commission of 30% of net realized profits generated by the Software within the User’s account during each calendar month (“Commission Period”).

Profit is defined as: the sum of all closed trade gains minus the sum of all closed trade losses during the Commission Period, calculated on a per-contract basis using average fill prices as reported by Interactive Brokers.

High-Water Mark (“HWM”) Rule: A commission is only owed in months where the Software produces a net positive result. If the Software produces a net loss in any given month, no commission is owed for that month. Furthermore, any net loss carried from a prior month must be fully recovered before a new commission becomes payable. Commission payments are due on or before the 1st day of the following calendar month.

3. Right to Suspend or Revoke Access

The Provider reserves the right to suspend or permanently revoke the User’s access to the Software if: commission payment is not received by the due date; the User provides false or misleading information; the User attempts to reverse-engineer or redistribute the Software; or the Provider determines at its sole discretion that continued access is not in the best interest of either party. Suspension for non-payment takes effect immediately on the 1st of the month if payment has not been received.

4. Options Trading Risk Disclaimer

Trading options involves substantial risk of loss and is not appropriate for all investors. The User acknowledges that: options are leveraged instruments and can expire worthless; weekly options are particularly sensitive to time decay; past performance is not indicative of future results; market conditions and execution quality can materially affect outcomes; and the User may lose some or all of their trading capital. The Provider makes no guarantee regarding the profitability of the Software at any time.

5. Confidentiality

The User agrees to keep the Software, its strategy, signals, and methodology strictly confidential and shall not share login credentials or disclose performance data to any third party without the Provider’s prior written consent.

6. Governing Law

This Agreement shall be governed by the laws of the State of California. Disputes shall be submitted to binding arbitration in San Bernardino County, California.