Vaulting Addendum

To vault a Real-World Asset, you submit it to Tradepost's designated Vaulting Partner in accordance with the instructions provided on the Platform, including shipping, packaging, and documentation requirements. You are responsible for the risk of loss during inbound shipment until the Real-World Asset has been received and Intake is complete. You are responsible for insuring the inbound shipment until that time; neither Tradepost nor the Vaulting Partner insures, or bears any risk of loss for, a Real-World Asset before Intake is complete.

The Vaulting Partner will perform Intake and, if applicable, grade the asset. Acceptance into custody is conditioned on the Real-World Asset passing authentication and matching the information provided.

Upon acceptance, the asset becomes a Vaulted Asset, is recorded to your account on the Vault Ledger, and becomes eligible for Live Trading under the Live Trading Addendum.

If the asset fails authentication, is counterfeit, is materially different from your description, or is otherwise ineligible, it will not be accepted into Vaulting Services. Tradepost will notify you, and you may request return at your expense or abandon the asset. Suspected counterfeit, stolen, or illegal items may be withheld, reported to authorities, or disposed of and will not be returned. Intake and authentication fees apply whether or not the asset is accepted, at the rates disclosed in the Fee Schedule, and you will be shown those rates before you ship the asset to Tradepost. If the rejected asset was submitted to fulfill an order or other commitment that is canceled as a result of the rejection, Tradepost may also charge you a cancellation fee, up to two hundred percent (200%) of the order amount, based on factors such as the cost of sourcing a replacement transaction, any price difference between the original and a replacement transaction, administrative and processing costs incurred as a result of the cancellation, and the harm to the counterparty and to the integrity and reliability of the Marketplace, consistent with Terms of Service Section 5(c)(4).

Vaulted Assets are held in custody by the Vaulting Partner as bailee on behalf of Owners. Tradepost does not take custody or possession of Vaulted Assets and does not act as custodian.

The Owner retains legal title to a Vaulted Asset at all times during the Custody Period. Vaulting Services do not transfer title to Tradepost or the Vaulting Partner. A sale of a Vaulted Asset transfers title from the seller to the buyer, effected by an entry on the Vault Ledger.

Tradepost maintains the Vault Ledger as the record of Vaulted Assets and their Owners. Transfers of ownership are effected by entries on the Vault Ledger. The Vault Ledger and any confirmation issued to an Owner are records of ownership only and are not negotiable documents of title or warehouse receipts.

Each Vaulted Asset is individually identified and authenticated at Intake and is assigned to a Market in Tradepost's sole discretion based on its verified attributes. Within a Market, Vaulted Assets meeting the Market's specification are fungible for Live Trading and Withdrawal. An Owner holds Units in a Market, each backed by a Vaulted Asset in custody. On Withdrawal, the Owner receives a Vaulted Asset meeting the Market's specification, which may not be the specific item the Owner deposited.

Tradepost may charge storage, insurance, handling, and withdrawal fees for holding Vaulted Assets in custody ("Vault Fees") at the rates Tradepost discloses to you before you incur them. Tradepost may update those rates on notice as provided in the Terms of Service. Storage fees accrue monthly for each Vaulted Asset during the Custody Period. Tradepost may charge Vault Fees to, and set them off against, your Wallet or other balances, and may waive or reduce them, including during a Market Open.

An Owner may request Withdrawal of a Vaulted Asset in which the Owner holds unlocked Units, which may not be the specific item the Owner originally deposited. Units may not be withdrawn if they are locked by an open trading order, subject to a matched trade, or otherwise held or reserved until released. On Withdrawal, the Owner must pay all applicable withdrawal and outbound shipping fees and bears the risk of loss upon hand-off to the outbound carrier. The corresponding Units will be removed from the Vault Ledger and will no longer be eligible for Live Trading. Tradepost will make reasonable efforts to complete Withdrawal within fourteen (14) business days of the Owner's request, subject to the terms of this Addendum.

Tradepost and the Vaulting Partner may condition Withdrawal on payment of all outstanding Vault Fees and other amounts owed and may exercise the remedies in Section 8 for unpaid amounts.

Every Withdrawal requires two-factor authentication and completion of identity verification (KYC). Tradepost and the Vaulting Partner will not release a Vaulted Asset from custody until the requestor has completed all required identity verification and Tradepost has confirmed the requestor is the Owner of record on the Vault Ledger. Tradepost may impose a waiting period or hold on a Withdrawal for a new account, recently changed credentials or payout method, an unresolved payment, chargeback, or dispute, or suspected fraud. Tradepost may decline a Withdrawal where required by law or the Terms.

A Vaulted Asset may be re-inspected before Withdrawal. If a Vaulted Asset is found on outtake to be counterfeit, materially not as represented, or defective, Tradepost will use commercially reasonable efforts to provide a suitable replacement meeting the Market's specification (of equivalent kind and value) or, if no suitable replacement is available, a payment equal to its Documented Value, and will pursue recourse against the party from which the asset was originally sourced. Tradepost may unwind or otherwise remedy affected prior transactions as needed. The replacement or payment described in this Section 5(e) is the Owner's sole and exclusive remedy for a Vaulted Asset that fails outtake inspection, and the Owner has no other claim against Tradepost or the Vaulting Partner in connection with that discovery. Tradepost's aggregate liability for claims under this Section 5(e) is subject to the limitations in Section 7.

During the Custody Period, risk of loss, theft, or damage is borne by the Vaulting Partner, and the Vaulted Asset is insured by the Vaulting Partner up to the Documented Value of the Vaulted Asset.

Coverage, limits, deductibles, and exclusions are as described in and subject to the Vaulting Partner's policy. Certain causes of loss may be excluded, including war, nuclear events, gradual deterioration, or inherent vice.

In the event of loss of or damage to a Vaulted Asset during the Custody Period, the Owner's remedy is a payment equal to the Documented Value of the Vaulted Asset. That payment is the Owner's sole and exclusive remedy.

You must promptly notify Tradepost of any claim for loss or damage under this Section 6. Neither Tradepost nor the Vaulting Partner is responsible for loss or damage attributable to (i) the condition or packaging of the Real-World Asset as received, (ii) inaccurate information provided by you, or (iii) any cause beyond Tradepost's reasonable control as described in the Terms of Service.

Tradepost provides the technology and facilitation for Vaulting Services. Custody and insurance are provided by the Vaulting Partner, which is a Third-Party Service Provider, and each User's use of the Vaulting Partner's services is subject to the applicable Third-Party Service Provider Terms. Tradepost is not the custodian and is not liable as a custodian or bailee. Except as expressly provided in this Addendum, Tradepost is not liable for the acts or omissions of the Vaulting Partner.

Claims arising from loss of or damage to a Vaulted Asset during the Custody Period are governed by Section 6 and the Vaulting Partner's insurance and are subject to the limits in Section 6 rather than the general liability cap in the Terms of Service.

Except for the custody remedy in Section 6, Tradepost's aggregate liability under this Addendum is limited as provided in the Terms of Service, as modified for Vaulted Assets so that the cap for a claim concerning a specific Vaulted Asset is its Documented Value.

If Vault Fees or other amounts owed to Tradepost remain unpaid after notice, Tradepost and the Vaulting Partner may (i) suspend trading and Withdrawal of the affected Vaulted Assets; (ii) assert a lien on the affected Vaulted Assets to secure the unpaid amount; and (iii) after notice and a cure period, sell or otherwise dispose of the affected Vaulted Assets in a commercially reasonable manner and in accordance with applicable law to recover the amounts owed, remitting any surplus to the Owner. This is a contractual lien and is not a filed or perfected security interest under UCC Article 9.

A Vaulted Asset that remains unclaimed or subject to unpaid fees for the period specified by applicable law may be treated as abandoned and handled in accordance with applicable unclaimed-property and warehouse-lien law.