Verizon Communications announced on April 16, 2020 that it had entered into an agreement to acquire BlueJeans to expand its business portfolio, particularly its unified communications offerings. While the purchase price has not been announced, it is assumed to be under 500M.  The acquisition was completed on May 15, 2020 and has been renamed “BlueJeans by Verizon”.  1.1 Access rights. Customer users can use and access the service and the corresponding general technical documentation for the service (“documentation”), provided that this use and access is made for the customer`s internal activity (not for the benefit of a third party). The customer agrees to use the services in accordance with all restrictions on an order form and to access them. In some cases, users may download, install and use BlueJeans software to access the service (“Software”), and BlueJeans allows the customer`s users to do so, provided the software is only used in connection with the service. The documentation can be provided on paper or online. The customer recognizes that access to the service through the software may require the client to update the software as soon as such upgrades are available.
Any action, action, action, procedure or dispute arising from these conditions, or your use of the website or services that are not resolved by mutual agreement, will be definitively resolved by a binding arbitration procedure before a single arbitrator, in accordance with the rules and under the aegis of the American Arbitration Association. The arbitrator must be competent in the chosen legal and software industry. At the request of one of the parties, the arbitrator makes a written statement outsting the factual basis and legal motivation for his decision. The arbitrator has the power to determine the questions that can be asked for an arbitration procedure and to award damages corresponding to the questions raised there, but he is not entitled to award damages that go beyond the limitation of actual compensation, direct harm, as defined in these conditions, and must not multiply the actual damages or award penalties , examples or other damages that are expressly excluded under these conditions. The arbitrator may, at his sole discretion, assess the costs and costs (including legal fees and reasonable costs of the party in power) against any party to a proceeding. Any party who refuses to comply with an arbitrators` order is liable for costs and costs, including legal fees incurred by the other party during the execution of the award. The parties, their representatives and all other participants have the existence, content and result of an arbitration procedure in confidence. Arbitration is conducted in English and takes place in San Francisco, CA, and each party irrevocably submits to that exclusive jurisdiction and refrains from any objection based on an incorrect jurisdiction or a non-convenian Forum. Notwithstanding the above, each party may, at its sole discretion, apply for interim judicial protection before any competent court (including, but not limited, an application for an injunction).