1. GENERAL
These
Terms and Conditions regulate the Company's business and have been
established to protect the Member’s business and the Company’s best
interests. The Terms and Conditions explain and regulate the
relationship between each and every Coinspace Member and where the
context so admit joint-Members and the Company.
2. DEFINITIONS
In these Terms and Conditions:
• "Business" means
the business opportunity to purchase the Products or Service and sell
and or promote the Products or Service available to Coinspace Members and introduce others to do the same;
• "Company" means Coinspace Limited;
• "Marketing plan" means the document entitled to the Coinspace Marketing plan that sets out the financial rewards for Members;
• "Customer" means any consumer or end user of Products or Service;
• "Member" means the person, company or partnership named on the online Application Form under Join Now section;
• "Member Agreement" or "the Agreement" means the online Application Form, these Terms and Conditions, and the Marketing plan which
is available on the Coinspace website, each of which documents are incorporated by reference into the Agreement;
• "Member Manual" means
the manual issued to the Member, which shall contain information,
procedures and guidelines in
relation to the
Member business and details of the Products;
• "Genealogy Reports" means
the information held by the Company relating to its Members and
supplied to Members, which at the
Company’s
option may include but is not limited to its relationships with each of
its Coinspace Member, the sponsorship of
each Member,
the
Member's upline and downlines and historical purchasing information for
each Coinspace Member and his/her
Customers;
• "Coinspace" means the trading name of the Company;
• "Network" means the sales organisation of Members for the Products or Services;
• "Products" means
all products and services supplied by the Company or by third parties
and promoted by the Company, details of
which are
contained on the Coinspace website and which may be varied from time to
time by the Company in its absolute
discretion.
3. CODE OF ETHICS
The
Members agree to conduct their business according to the following Code
of Ethics (here and after: The Code). This Code ensures a high
standards of integrity and professionalism throughout the Network of
Coinspace Members and protects the business image of the individual
Coinspace Members as well as the overall image of the Company.
The Member promises and agrees in conducting his/her business that he/she will:
• Conduct
him/herself and deal with Customers and other Members with the highest
standards of honesty, integrity, and
fairness;
• Use his/her active and best endeavours to promote and market the Products of the Company and the Business;
• Carry on business and sales of Products in an honest, lawful and ethical manner;
• Not
imply that he/she is an officer, employee or partner of the Company.
The Member cannot and shall not purport or
attempt to bind or contract
on behalf of the Company in any manner, nor pledge the credit of or
otherwise incur any liability on
behalf of the Company;
• Only
use information contained in official literature of the Company and on
Company websites to promote the Products
and the Business;
• Not accept any payment for the introduction of a potential Coinspace Member;
• Represent
the Marketing plan completely and professionally to all potential
Coinspace Members and without making any
misleading or exaggerated income claims;
• Make
estimates of earnings that are based only on reasonable predictions for
what an average Coinspace Members would
achieve in normal circumstances; the Members understand that Coinspace
Members are not guaranteed any specific amounts
of earnings and that any earnings and success will depend on the
successful sale of Products and the sales of other
Coinspace Members;
• Represent that past earnings in a given set of circumstances do not necessarily reflect future earnings;
• Not misrepresent the amount of expenditure that an average Coinspace Member might incur in carrying on the Business;
• Not
misrepresent the amount of time an average Coinspace Member would have
to devote to the Business to achieve the earnings estimated and not
state that earnings are guaranteed for any individual Coinspace Member;
• Never state or infer that a Coinspace Member will build a downline organisation for anyone else;
• Never
state that any consumer, business or government agency has approved or
endorsed the Products or Marketing plan unless otherwise published by
the Company;
• Fulfill all obligations concerned with sponsoring other Coinspace Members, including training, motivation and support;
Familiarise
him/herself with and abide by these Terms and Conditions as amended
from time to time and ensure that he/she at all times is operating in
accordance with the most current version of the Terms and Conditions;
and Familiarise him/herself with and abide by all applicable laws,
common laws, regulations and statutes.
4. BECOMING A COINSPACE MEMBER
To
become a Coinspace Member, the online Application Form must be
completed in full and submitted by the Member (and any joint-Member).
Following having received the e-mail confirming acceptance of the online
Application Form the Member must print a copy of the hard copy
Application Form and Terms and Conditions from the website, sign the
Application Form and keep a signed copy for his/her own records. Upon
acceptance by the Company, the Member’s details will be recorded on
Company's computer files. The Applicant must have reached the age of 18
years. The Applicant will be allocated a Member ID Number subject to
successful finalisation of application procedure. This number will be
recorded on the Company computer system together with the Member’s
personal details. Members may not have an ownership interest in or
management control of more than one Member position, whether direct or
indirect or whether as an individual or joint Member. The Company may
terminate or merge any positions, which in the Company’s reasonable
opinion are not independently engaged in active business building but
are simply surrogates for other positions. The Company will accept as a
Member individuals, partnerships and companies (Trading names for
individuals or partnerships are permitted, subject to the prior written
approval of the Company). Only one position per household will be
permitted unless specific permission is obtained from the Company
(except man/wife and/or partners other members of respectful household
don’t have this restriction).
5. MEMBER RIGHTS
The
Company grants to the Member in accordance with these Terms and
Conditions the non-exclusive right and privilege to purchase, promote
and sell the Products. Members are entitled to receive Company
literature and other communications, to participate in Company sponsored
support, service, training, motivational and recognition functions
(subject to applicable charges), and to participate in promotional and
incentive competitions and other Company sponsored programmes.
The
Member Agreement is conditional upon acceptance of the online
Application Form by the Company and will remain in effect unless or
until it is terminated by the Member or the Company. The Company
reserves the right in its sole discretion to accept or reject an
application to register as a Coinspace Member.
6. INDEPENDENT BUSINESS RELATIONSHIP
• Members
are independent contractors and are not purchasers of a franchise. The
Member Agreement between the Company and its Members does not constitute
an employer/employee, partnership or joint venture relationship.
Members shall have no legal right or authority to bind the Company to
any obligation or to make representations or warranties on behalf of the
Company.
• Any
verbal or written statements made by the Member, as an independent
contractor, with regard to the Products and the Business, must be based
strictly on the written information issued by the Company, for example:
on the current Company website and sales promotion literature. The
Member is liable for all statements he/she may make which deviate from
the aforementioned and shall indemnify the Company from any loss,
damages, claims, costs (including legal fees or court costs) or fines
arising from unauthorised and unjust representations made by the
Members, or otherwise not complying with these Terms and Conditions.
• The
Member is encouraged to determine his/her own hours of work, sales
methods and sales operation provided they comply with applicable laws
and regulations. The Member is responsible for payment of all expenses
incurred in the running of his/her Coinspace Member business.
7. TAXES AND LICENSES
As
an independent contractor the Member shall be responsible for the
filing of all necessary tax returns and registering for and paying all
applicable taxes due in relation to the Member’s business, if any. This
shall include (but not be limited to) the obligation to make, execute or
file, all reports and obtain licences (including, if applicable, VAT
registration) as are required by law and/or the acquisition, receipt,
holding, selling, distribution or promotion of the Products and Service.
The Member shall on application to become a Member, or if he/she
registers for VAT during the term of this Agreement provide to the
Company immediately a copy of his/her VAT registration certificate.
8. MEMBERS SALES REPRESENTATIONS
The
Member agrees to give a true and fair description of the Products and
Service and the Business in all discussions with Customers, fellow
Members and potential Coinspace Members. This obligation to give a true
and complete representation shall include the following points:
(a) Terms and Conditions and Marketing plan
The
Member shall neither mis-state nor omit any essential details regarding
the Marketing plan or abuse or improperly manipulate the Marketing
plan. In discussions with potential Coinspace Members, the Member will
ensure that the following points are made clear:
• The Business is based on the promotion of Products and Service to Customers.
• Members
will not be successful merely by sponsoring other Members without
endeavouring to promote Product and Service sales themselves.
• Exclusive or undue emphasis on sponsoring is not permitted.
(b) Income Representations
The
Member shall not make any exaggerated representations as to potential
income to be realised by prospective Coinspace Members when presenting
the Coinspace business opportunity or the Marketing plan.
(c) Product/Service Claims
The
Member shall not make claims for the Products other than those found in
information contained in current Company literature and Company
websites.
(d) Non Disparagement
In
setting a proper example for their downline Members must not disparage
other Coinspace Members, the Products, the Service, the Marketing plan,
Company employees, officers, agents, and any other associated persons.
9. RETAILING
It
is the responsibility of the Members to ensure that he/she complies
with his/her obligations under applicable consumer protection and any
other respectful legislation in respect of the sale of Products and
services to the consumers.
10. ORDER TERMS
The
Products and Services can only be ordered in accordance with the
procedure set out on the Company website and other Company literature as
amended from time to time.
11. PAYMENT OF BONUSES
• The
Company agrees to pay the Member in accordance with the Marketing plan
as amended by the Company, from time to time. All payments shall be made
by transfer to the Member’s e-wallet, bank transfer to the Members
personal account or prepaid card account nominated by the Member.
• The
Company will pay all sums earned by the Member within 7 business days
of the end of the week of activity (end of the week meaning each
respectful Friday). The payment of all monies which may become due to
the Member is conditional on full compliance of this Agreement.
12. QUALIFYING FOR BONUS
In order to receive Bonuses the Member must comply with the following obligations:
• To fulfil his/her obligations regarding sponsoring of other Members and;
• To fulfil the qualification requirements as set out in the Marketing plan.
13. SPONSORING
• Every
Member must have and can only have one of his/her own sponsor at any
given time. It is an unwritten courtesy that the prospective Coinspace
Member will name as his/her sponsor the first Member who introduced
him/her to the Business. However, each new Member has the right to
choose his/her own sponsor. The Member shall neither unduly influence
the prospective Coinspace Member nor offer as enticement exaggerated
prospects with regard to possible income or business development in
order to gain a new Member.
• The
Company recognises as sponsor the name shown on the first Member online
Application Form to be submitted and recorded in Company's computer
system. The Company has full discretion to change, decline and/or allow a
specific sponsor for the respectful Member.
• If
the Member sponsors other Coinspace Member, the Member must use his/her
best efforts to provide, on an on-going basis, bona fide support and
training of sponsored Member and his/her downline, which shall mean such
activities as ongoing contact, communication, encouragement and support
of his/her organisation including, but not limited to, providing
information and training to sponsored Member in connection with the
legislative and regulatory requirements to be complied with in the
Republic of Malta and/or any other applicable regulation.
• Where
the Member provides training for his/her downline relating to the
Products, the Service or the Business, he/she shall ensure that all
materials used in such training comply with these Terms and Conditions.
Any changes made by him/her for training materials is allowed only with
prior permission by the Company. The Member understands that providing
payment for training does not replace the obligation on the sponsor to
provide ongoing support and assistance to his/her downline.
14. INTERNATIONAL SPONSORING
Any
Member in good standing with the Company can sponsor Members in other
countries than the country in which the Member is registered, provided
that the Company is operating in that country. In case the member is not
sure the Company is operating in the respectful country he/she must
check that fact with the Company prior committing any further action in
such country. The newly sponsored Member will be registered in his/her
country of residence and local law Member Agreements valid for the home
country of the newly sponsored Member should be obtained. The Member
will be responsible for making returns and payment of all applicable
taxes in countries other than his/her country of registration where
appropriate. Member sponsoring internationally must familiarise
him/herself with the laws, regulations and the Company’s Terms and
Conditions for the country in which he/she is sponsoring.
The
Company reserves the right to permit international sponsorship in
future foreign markets from time to time, subject to any conditions that
the Company shall deem appropriate to impose.
15. SALE OF PRODUCTS AND SERVICES
• The
Member shall refer all enquiries, comments, and complaints relating to
the Products and Service to the Company using communication
channels/tools within the Company’s website.
• The
Member shall not make any promises or representations to Customers or
potential Customers nor give any guarantees or warranties in relation to
any Products and Service other than as detailed in Company literature
or expressly authorised by the Company or by these Terms and conditions,
nor shall the Member admit liability or attempt to settle any Customer
claims with respect to the Products and Service on behalf of the
Company.
• The
Member shall refrain from actively marketing, advertising or
establishing any distribution facilities for the Products and Service
outside countries the Company is operating in.
• The
Member shall place orders in accordance with the procedure set out on
the Company website and shall be responsible for the accuracy and
completeness of all the orders he/she places with the Company.
• The
Company reserves the right to sell Products and Service to other
Members and nothing in this Agreement shall entitle the Member to any
priority of supply in relation to the Products and Service as against
the Company’s other Members.
•The Company reserves the right to decline any order in its entire discretion.
• Fixed
mining of coins for business packages is guaranteed only until the
actual S-coin is launched and it is only available in pre-launch phase
as an award for all business partners that join us before launch. After
the launch the production of coins will depend on the market. The
difficulty of mining will change on the day of the launch and therefore
the value of S-coin.
16. GENERAL SALES AND DELIVERY CONDITIONS
• General
The
Company shall be under no obligation to the Member or any other person
to release any Products and Services to the Member or any other person
unless and until the Company has received payment in full for the same.
• Service range
All
packages remain subject to alteration. From receipt of order the
Company reserves the right to alter the specification, design and colour
of services provided that such alteration is not extreme and is
reasonably acceptable to the purchaser.
All prices are in Euros (€).
• Payment
Payment
for Product and Service orders may be made by credit/debit card or by
bank transfer. The Member shall pay for the Products and Services when
placing his/her order, in accordance with the payment terms set out on
the Company Back Office section website.
17. TRADE MARKS
The
Company has certain Trade Mark(s), trade names, slogans, symbols, and
colour schemes, which are proprietary. Except for marketing materials,
sample products, and advertising provided or sold to the Member by the
Company, the Member shall not use or display such Trade Mark(s), trade
names, slogans, symbols, and colour schemes without the Company's prior
written permission or otherwise in accordance with these Terms and
Conditions.
The
Member shall have no rights in respect of the Trade Mark(s) or other
trade names used by the Company and he/she shall not acquire any rights
in respect of the same. The Member shall promptly and fully notify the
Company of any actual or threatened infringement of the Trade Mark(s) or
any other intellectual property of the Company in the Products and
Service or any claim that the same infringes any third party’s rights.
At the request and expense of the Company the Member shall assist the
Company in taking or resisting any proceedings in relation to such
infringement or claim.
18. ADVERTISING
• General
(i)
Members may advertise the Products and Services or the Business subject
to the terms of these Terms and Conditions. All advertisements must
state clearly that the Member is a Coinspace Member and include the
address or other contact details of the Member.
(ii)
Members are prohibited from using Company Trade Mark(s), trade names,
slogans, symbols, and colour schemes in advertising in a manner that
would suggest or imply that they are employed by the Company.
• Literature and Sales Aids
(i)
The copyright in all Company promotional materials, whether printed
matter or audio-visual or electronic items, shall remain the property of
the Company at all times and may not be reproduced in whole or in part
either by the Member nor shall the Member permit any other persons to do
so, without expressed written consent from the Company.
(ii)
Members may not advertise on or through any electronic media, including
but not limited to the Internet, mobile devices, mail services etc.
(iii)
Members may not record or reproduce any materials from any Company
corporate function event or speech without the expressed written
permission of the Company.
(iv)
Members may not record or reproduce or copy any presentation or speech
by any Company spokesperson, representative, speaker, officer, director
or other Coinspace Members without the prior written approval of the
Company and the speaker.
(v)
Members must not use the names of any individuals or companies
connected with the Company or any Company supplier or vendor’s names in
any advertising and/or promotional materials of any kind without the
expressed written permission of the Company. Further, the Member may not
contact directly or indirectly or speak to or communicate with any
representative of any vendor, supplier, partner or manufacturer of the
Company except at a Company sponsored event at which the representative
is present at the request of the Company.
• Telephone Answering Messages
All
Members are independent contractors. When answering the telephone or
leaving a message on the answering machine, this must be done in such a
manner as to avoid any possible mistaken assumption on the part of the
caller that he/she is speaking directly to the Company or that the
Member is employed by the Company.
• Telephone Directory Listing
Members may be listed in the official telephone directory or in any business/commercial telephone directory as follows:
Coinspace Members,
Smith, Jane and John
Address/Telephone Number.
or
Smith, Jane and John
Coinspace Members,
Address/Telephone Number.
• Media
All
publicity material originated by Members or replies to enquiries from
newspapers, magazines or any other print media must be submitted to the
Company for approval prior to publication. Please allow fourteen (14)
days for approval.
• Stationery and Business Cards
Any
printed Member materials including business cards must indicate the
statement that the Member is an independent Coinspace Member.
19. CROSS LINE SPONSORING AND POST TERMINATION
In
consideration of the granting of the Member position for the duration
of the Agreement and after the expiry or termination of the Agreement
for a period of one hundred and eighty (180) days the Member agrees not
to take or encourage any action, the purpose or effect of which would be
to circumvent, breach, interfere with or diminish the value or benefit
of the Company’s contractual relationships with any Members and in
particular not to cross line sponsor, or (whether directly or
indirectly) contact, solicit, persuade, sponsor or accept any Coinspace
Member other than those personally sponsored by the Member into, or in
any way promote, opportunities in marketing programmes or businesses of
any direct sales company that offers competing Products and Services to
the Company.
20. RETURN POLICY
The
Member has the right within a period of 15 (fifteen) days, after
entering into the Agreement to cancel (via the Company support
communication channel) the Agreement subject to return policy stipulated
in Article 21.
21. PRODUCT AND SERVICE RETURN AND REFUND WITHIN FIRST 15 DAYS
Where
the Member terminates the Agreement within fourteen (14) days after
entering into the Agreement the Member must return to the Company any
Products and Services the Member has purchased. He/She has to receive
from the Company the following:
• where the Member has terminated the Agreement the price which the Member paid for the Products and Services, less
(i) a handling charge of ten per cent (10%) of the price;
• The money has to be refunded within a period of twenty eight (28) days after the written notice of termination upon receipt.
• The Member understands and agrees that all pertaining bonuses or commissions will be reduced upon request of refund.
22. COMMISSIONS CLAWBACK
The
Member understands and agrees that bonuses or commissions paid within
the preceding one hundred and eighty (180) days from the date of return
of Products and Services returned by Members in his/her downline, may be
deducted from his/her account with the Company. This amount will be
itemised on the monthly statement.
23. PAYMENT OF REFUNDS
Payment
of refunds will be made in the same form, as the original payment i.e.
if the purchase was made on the Member's credit card then the payment
will be in the form of a credit to the credit card account.
24. DATA PROTECTION
This
policy describes the Company’s duty of care, in relation to the
collection and use of data, in relation to the Member with regard to the
data (whether personal or otherwise) that is held by it. In this
regard, the Company is committed to:
• Obtaining and processing personal data or the information constituting personal data fairly;
• Ensuring personal data is accurate and, where necessary, kept up-to-date;
• Keeping personal data for only one or more specified lawful purpose;
• Not using or disclosing personal data in any manner incompatible with such lawful purpose;
• Ensuring that personal data is adequate, relevant and not excessive in relation to such purposes;
• Not keeping personal data for longer than is necessary for such purposes;
• Taking
appropriate security measures against unauthorised access or
alteration, disclosure or destruction of personal data and against their
accidental loss or destruction.
• The
Member acknowledges that he/she has been informed by the Company that
the information which he/she gives to the Company (including information
relating to the Member, his/her address and other details) will be
retained by the Company on a computer database and will be used by the
Company for the purposes of calculating the marketing commissions
payable and for the performance of the Company business. The Member also
acknowledges that the Company may disclose this information, provided
it is in connection with such purposes to other Members of the Company,
which may be situated inside or outside the EEA and to other persons
and, in particular, may disclose it to other Members as part of
Company’s Genealogy Reports. The Member consents to the Company
retaining, processing and disclosing the information referred to as set
out above.
25. CHANGES IN MEMBER STATUS
• Change of Name
The
trading name of the Member may be changed by forwarding written
notification to the Company through Company Support channel. Such
notification must include the consent of any joint-Member or partner.
• Line of Sponsorship
The
integrity of the lines of sponsorship is fundamental to the
organisation's functionality and success. Once a Member is sponsored,
the Company believes in protecting his/her relationship to the fullest
extent possible. However, the following exceptions may be made at the
sole discretion of the Company:
(i)
By terminating the Members Agreement and remaining inactive for a
period of six (6) months before re-applying under a different sponsor;
(ii) In the case of proven unethical sponsoring by the original sponsor; or
(iii) In exceptional circumstances at the discretion of the Company.
In the case of (ii) above only the Members position will be transferred with any and all downline intact.
• Separation of Joint Members and Partnerships
If
Members operating their business jointly or as a partnership wish to
dissolve their jointly held position or partnership or being husband and
wife, wish to divorce, then the Company must be notified as to which of
the former joint Members or partners will assume ownership of the
Coinspace Members business as determined by agreement between the
parties or by an order of a court of competent jurisdiction. A change in
the ownership of the Members position will not take place until the
Company receives a copy of documentation evidencing agreement between
the parties as to the dissolution of their relationship or a court
order. Should the party who does not assume ownership of the Members
position desire to remain a Member, he/she may do so by submitting a new
online Application Form. He/she shall then be accepted as a new Member
at the discretion of the Company. If there is any question over the
disposition of the Member business or the income from the Member
position, the Company may suspend the Member position and hold all
commissions and/or bonuses until the dispute over the disposition is
resolved by agreement between the parties or by an order from a court of
competent jurisdiction. Under no circumstances will the Company divide a
downline organisation or split or apportion bonus or commission cheques
or payments between joint Members or partners.
• Inherited Member Businesses
Upon
the death of a Member, the rights and responsibilities of the Member
are passed on to the rightful heir(s) who shall be eligible to receive
all sums due or to elect to accept the Member position on the terms and
conditions of the Member Agreement as if they were a party thereto or
final payment of sums due (if any) under the Member Agreement. The
Company reserves the right to suspend the Member position until receipt
of documentation evidencing the entitlement of the heir to the
deceased’s Member position.
• Incapacity of a Member
Upon
the incapacity of a Member, the rights and responsibilities of the
Member can be assumed by his/her attorney who may handle the Member’s
affairs even though he/she may him/herself hold a Member position. The
Company reserves the right to suspend the Members position until receipt
of documentation evidencing the authority of the attorney.
26. BREACH OF THE MEMBERS AGREEMENT
In
order to protect the integrity of the Network and the business
environment in which the Company operates, the Member upon discovering
or suspecting a breach of these Terms and Conditions should first
discuss the problem with the Member alleged to be in breach. If this
does not resolve the problem within 14 days from the discovery of the
breach it should be reported to his/her upline to resolve the issue at a
local level. If the matter cannot be resolved on the local level within
the next 14 days from the receipt it should be reported in writing to
the Company, including details of the date, location and nature of the
breach and the identity of the Member alleged to be in breach. The
Member alleged to have violated the Terms and Conditions will be
suspended in accordance with Section 28 and required by the Company in
writing, to respond to the allegations within a period of ten (10) days
after the receipt through the Company communication channel. On receipt
of the Member’s response, the Company’s Compliance Department will
investigate, review the submissions and determine what action is
appropriate to be taken. Where a breach is proven or not refuted by the
Member in question, this may result in a written warning, suspension or
termination of the Member Agreement (see Sections 27 and 28).
The
Company shall notify the Member in writing of any determination. The
Member will then be allowed twenty one (21) days from the date of the
notice of determination in which to appeal the determination in writing
to the Company.
27. TERMINATION
The Member Agreement may be terminated:
• by
the Member with or without cause or reason at any time upon not less
than fourteen (14) days written notice through the Company communication
channel; and
• by the Company forthwith for any one or more of the following grounds:
(i)
the Member directly or indirectly engages in any conduct prejudicial to
the business or reputation of the Company or the Products and Services;
(ii)
a material breach by the Member of this Agreement which is proven or
not refuted in accordance with the procedures set out in Section 26 of
these Terms and Conditions;
(iii)
the Member becomes bankrupt, if any judgment is entered against
him/her, or if he/she makes any composition or settlement with his/her
creditors; or
(iv) the Member supplies false information at any time of cooperation..
A
Member who has terminated his/her Member Agreement or whose Member
Agreement has been terminated by the Company must wait six (6) months
from the date of termination before reapplying to become a Member. The
right of a terminated Member to receive commissions or bonuses from the
Company ceases immediately from the date of the termination.
Furthermore, a terminated Member must stop sponsoring Coinspace Members,
using Company promotional materials, Trade Mark(s), trade names, logos
and colour schemes, representing him/herself as a Member or act in any
way which may be adverse to the business of the Company or its Members.
On termination of the Member Agreement the existing downline of the
Member moves up. Notwithstanding the foregoing the Company reserves the
right, following the Member's termination for whatever reason to hold
open his/her Member position. Upon termination of the Member Agreement,
all Genealogy Reports in the possession of the Member shall be returned
to the Company.
Except
where the obligation on the Member is specified to apply after
termination of the Agreement in respect of non-competition in accordance
with the Agreement, the Member shall be released from all future
contractual liabilities toward the Company on termination of the
Agreement at any time.
28. SUSPENSION
The
Company shall be entitled to place a Member on suspension for a maximum
period of ninety (90) days. The right of a suspended Member to receive
commissions or bonuses from the Company ceases immediately from the date
of suspension through to the end of the suspension period. A suspended
Member must cease selling the Products, Service, sponsoring Member,
using Company promotional materials, Trade Mark(s), trade names, logos
and colour schemes, representing him/herself as a Member or acting in
any way which may be adverse to the business of the Company or its
Members. At the expiration of the suspension period the Member may be
reinstated to good standing with the Company and commissions paid for
the suspended period as appropriate, or where the suspension is for
breach of these Terms and Conditions the Agreement may be terminated in
accordance with these Terms and Conditions.
29. CUSTOMER ENQUIRY PROCEDURE
In
the case of enquiries made directly to the Company without reference to
a Member, the Company will endeavour to ascertain whether the contact
with the Company was initiated by a Member. If so, the person making
such enquiry will be requested to contact the Member in question.
30. CONFIDENTIALITY
All
details of the Products, Service, and endorsements, testimonials, and
reports relating to them, and information relating to other Members and
customers of the Company are the sole and exclusive property of the
Company and may only be used in the proper promotion of the Business as
provided for under these Terms and Conditions. They may not otherwise be
used by the Member in any other context, whether before or at any time
after termination of the Member and Terms and Conditions and all copies
of the same shall be returned to the Company forthwith on termination of
the Member Agreement.
The
Company's Genealogy Reports contain confidential information which is
highly sensitive and valuable to the Company’s business and which shall
at all times remain the sole and exclusive property of the Company. In
the event that the Company shall agree to disclose details of any of its
Genealogy Reports to the Member:
• the
Member shall (to the extent such details are not publicly available
other than by breach of these Terms and Conditions) at all times and
without limit in time, treat such details as confidential information in
the nature of a trade secret and shall not use, disclose or permit the
use or disclosure of such details to any other person (and shall take
all reasonable steps to protect and maintain the security of the
information) and shall use the details solely for the benefit of the
Member’s Business and of the Company and for the stated purpose for
which they were provided; and
• the
Member shall return immediately copies of any such information to the
Company forthwith upon the termination of the Agreement for whatever
reason.
“Confidential
Information” means all non-public technical or business information
that the Company hereto (the “Disclosing Party”) designates as being
confidential and/or marked as proprietary which, under the circumstances
surrounding disclosure known to the other Party hereto (the “Receiving
Party”), ought to be treated as confidential or any information of such
nature that a reasonable person would understand that such information
is confidential. Confidential Information includes, without limitation,
any information, including technical, business or commercial
information, specifications, drawings, sketches, models, samples, data,
computer programs, software, or documentation, in whatever form recorded
or orally provided, and information received from others that
Disclosing Party is obligated to treat as confidential. Confidential
Information shall not include any information that: (i) is or
consequently becomes publicly available otherwise than by Receiving
Party’s breach of this Terms and Conditions or by breach of any legal
provision; or (ii) information which was previously known by a Party
free of any obligation to keep it in confidence.
The
Receiving Party shall take reasonable security precautions, at least
comparable to the precautions it takes to protect its own confidential
information of similar nature and importance (which shall be no less
than reasonable precautions), to keep confidential the Confidential
Information. The Receiving Party may disclose Confidential Information
only on a need-to-know basis to its and its Affiliates’ employees,
officers, directors and representatives including, without limitation,
counsel and consultants (collectively “Representatives”), who agree to
be bound by this Terms and Conditions.
The
Receiving Party shall notify the Disclosing Party immediately upon
discovery of any unauthorised use or disclosure of Confidential
Information, or any other breach of these Terms and Conditions by the
Receiving Party, and will co-operate with the Disclosing Party in every
reasonable way to help the Disclosing Party regain possession of the
Confidential Information and prevent its further unauthorised use.
The
Receiving Party shall return all originals, copies, reproductions and
summaries of Confidential Information (prepared by or on behalf of the
Disclosing Party) at the Disclosing Party’s request or after the
termination of the Agreement. All documents, memoranda, notes and other
writings whatsoever, including without limitation electronic copies such
as e-mail and computer files, whether machine or user readable,
prepared by the Receiving Party or its Representatives based on the
Confidential Information shall be destroyed at the Disclosing Party’s
request, and such destruction shall be certified in writing to the
Disclosing Party.
Each
Member acknowledges that a breach of the Confidential Treatment
provisions of this Terms and Conditions will cause the Company
irreparable injury for which the Company cannot be reasonably or
adequately compensated in damages. The Members, therefore irrevocably
agree and warrant that the Company shall be entitled, in addition to all
other available remedies, and without waiver of available defences, to
injunctive and other equitable relief, along with reasonable legal and
other fees, such as travel and out-of pocket expenses, and management
time as may be deemed proper by a court of competent jurisdiction, to
prevent a breach of this Terms and to secure its enforcement.
By
disclosing information to the Receiving Party, the Disclosing Party
does not grant any express or implied right or license to the Receiving
Party to or under the Disclosing Party patents, copyrights, trademarks,
trade secrets or other proprietary information.
31. SET OFF
In
addition to any other rights and remedies available to the Company, if
any amount payable by the Member to the Company becomes overdue, the
Member gives approval and the Company may deduct such amount from any
monies due from the Company to the Member.
32. ENTIRE AGREEMENT
The
online Application Form, these Terms and Conditions and the Marketing
plan, each of which documents is hereby incorporated by reference into
the Agreement shall constitute the entire agreement between the parties
with respect to the subject matter of the Agreement and supersedes all
previous agreements and representations (whether written or oral) made
between the parties prior to the Member entering into the Agreement.
Except as specifically provided in these Terms and Conditions in the
case of conflict between these Terms and Conditions and any other
document, these Terms and Conditions shall prevail.
33. SEVERABILITY
If
at any time any term or provision in the Member Agreement including
these Terms and Conditions shall be held to be illegal, invalid or
unenforceable in whole or in part under any rule of law or enactment
such term or provision or part shall to that extent be deemed not to
form part of the Member Agreement or these Terms and Conditions but the
enforceability of the remainder of the Member Agreement or these Terms
and Conditions shall not be affected.
34. EXCUSE FOR NON-PERFORMANCE
The
Company shall not be liable for any failure of or delay in the
performance of its obligations thereunder for the period that such
failure or delay is due to causes beyond its reasonable control,
including but not limited to acts of God, war, strikes or labor
disputes, fire, death, curtailment of the Company’s usual source of
supply, internet downtime, processor downtime, embargoes, government
orders or any other force majeure event.
35. NOTICES
All
notices to be given pursuant to the Member Agreement and the Terms and
Conditions shall be given by each party by sending the notice by
registered or recorded first class post or where appropriate by
publication on the Company’s website, newsletter or by e-mail addressed
to the Member at the last address on file with the Company or as
notified from time to time.
36. VARIATIONS
The Company may, at any time and at its sole discretion, make alterations to the Member Manual (as amended from time to time).
37. THIRD PARTY RIGHTS
No
third party which is not a party to this Agreement may enforce any
terms of this Agreement under any applicable law in question.
38. NON WAIVER PROVISION
Failure
of the Company to exercise any rights stated in the Member Agreement,
these Terms and Conditions and other relevant documentation shall not
constitute a waiver of Company's right to demand exact compliance
therewith and waiver by the Company of any breach in such documentation
shall not constitute a waiver of any prior, concurrent, or subsequent
breach by the Member. Any waiver by the Company must be issued in
writing by the Company.
39. ASSIGNMENT
The Company may assign this Agreement or any of its rights and obligations hereunder upon its own discretion.
This
Agreement is personal to the Member and neither this Agreement nor any
benefit under this Agreement may, without the prior consent in writing
of the Company, (which may be given on such terms as to guarantee or
indemnify or otherwise as the Company thinks fit) be assigned,
mortgaged, charged or otherwise disposed of.
40. GOVERNING LAW
The
terms and provisions of the Member Agreement, including the Marketing
plan and the Terms and Conditions and all other relevant documentation
and any dispute arising thereunder shall be governed by Maltese law and
the Member and the Company hereby submit to the exclusive jurisdiction
of the Maltese Courts.
41. LAST AMENDMENDS
This Terms and Conditions were amended for the last time on June 26th, 2015.
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