1. AUTHORITY

East Bay Regional Data, Inc. shall maintain for the use of licensed real estate brokers and salespersons and licensed or certified Appraisers, a Multiple Listing Service (hereinafter also referred to as “MLS” or “service”), which shall be subject to the bylaws of East Bay Regional Data, Inc. (hereinafter also referred to as “EBRDI”) and such rules and regulations as may be hereinafter adopted.