Part 1
Introduction
PAYSOT and www.paysot.com are trademarks of CAFsolutions Ltd, established and registered in accordance with the laws of the Republic of Bulgaria, with registered office 17 Mitropolit Boris str. Blagoevgrad, 2700, Bulgaria, is licensed by the Bulgarian Commercial Registry under registration number UIC 204896006 and provides financial intermediation services through a developed electronic system, via the Internet and through direct sales, as described in the Memorandum of Association.
PAYSOT combines an international team of project management experts and financial analysts with a very successful career in construction, primary development and investment to help individuals and companies around the world achieve their goals.
These terms and conditions of PAYSOT and consequently of CAFsolutions Ltd (hereinafter the “Terms and Conditions”) are protective and binding on the Users/Clients of the Company.
A User/Client’s activities during and after the validity date must comply with these Terms and Conditions. These Terms and Conditions in conjunction with the PAYSOT Compensation Plan form a contract (hereinafter the “Contract”), legally binding for both the User/Client and the Company.
By accepting these Terms and Conditions in the online enrollment process, Users/Clients certifies that they are 18 years of age and older and competent to enter a contract. Each User/Client elects to enter this Contract with Company with confidence in Company’s integrity and Company’s expressed intention of dealing fairly with its Users/Clients. The Company enters this Contract with the awareness that its success depends upon responsible, efficient, vigorous, and successful Users/Clients who conduct their businesses free of false, slanderous, deceptive, or misleading advertising, marketing, pricing, and service practices. Company enters this Contract with confidence in the Users’/Clients’ integrity, ability, duties, obligations, and responsibilities.
The Contract governs the way a User/Client conducts business with the Company. The User/Client agrees to abide by the online Contract, as currently published and as may be amended from time-to-time at the sole discretion of the Company. Any interpretation, clarification, exclusion or exclusion in this Contract, in order to be effective, must be in writing and signed by an authorized representative of the Company.
The Company receives and transacts in euros and cryptocurrencies (Bitcoin and Xenios). In case of conflict between the United States English language version of the Contract and any translated or foreign language version of the Contract, the Greek language version shall control. If a User/Client has questions concerning the Contract, they should consult their legal counsel.
Part 2
Definitions
User/Client: A User, also known as a Client, is a person who registers with the Company (we mean PAYSOT), buys a service program and then will be able to receive profits and commissions as a result of his own work and/or deposit.
User account: It is the User’s personal personal office (“Backoffice”) which he accesses as soon as he successfully registers, which means that he has agreed to the Terms and Conditions and has completed the process of identifying his personal data.
Sponsor: Is the person who shared his/her personal referral link to invite a new User/Client to the PAYSOT program.
Downline: Is the members. Upline:
Downline: Is the members you have personally sponsored into PAYSOT or who have been sponsored into PAYSOT from someone you sponsored, or someone they sponsored, etc., and whose sales or referrals also generate income for you.
Upline: Refers to the person who sponsored you into CFX (that person is your sponsor), along with the people in the same line in the levels above you.
Active user: A user is considered active when he has purchased one of the PAYSOT programs.
Inactive user: A user is considered inactive when he has not yet purchased one of the PAYSOT programs, when the identification of his personal data has not been completed or approved, and when the PAYSOT program he has purchased has been terminated.
Direct Bonus: This bonus is a form of reward typically referred to as a direct commission, for personal sales made by a User. In this case it is also referred to as User’s earnings.
Matrix Bonus: This bonus is a form of reward typically referred to as a team commission, for sales made by a User’s team. In this case it is also referred to as User’s Team earnings or Matrix Commission.
Profit Starting Period: After the first 21 calendar days from the date of purchase of a PAYSOT program, you will begin to see your program profits posted in the PAYSOT Backoffice Internal Wallet.
Internal Wallet (“Balance”) is where earnings and commissions are credited to the Users’ CFX back oce. Once earnings and commissions are credited to the Internal Wallet, they are able to be withdrawn to the Users’ Crypto Wallet, or in this case their BTC Wallet.
Internal wallet: The internal wallet is where earnings (profits and commissions) are credited to the Users’ Company’s backoffice. Bonuses are displayed directly in the User’s Internal Wallet. 10 working days after the purchase of the respective PAYSOT program, the bonuses are credited to the PAYSOT e-wallet and are available for withdrawal immediately. Alternatively and upon request, via email to the relevant department (support@paysot.com), bonuses can be credited, in Bitcoin or Xenios cryptocurrency, to the User’s personal Crypto Wallet.
PAYSOT e-wallet: The homonymous wallet of the PAYSOT group, which is under the supervision of the parent company CAFsolutions Ltd and which is opened to every PAYSOT User/Client in order to credit all the profits as well as the commissions from their sales . The PAYSOT e-wallet is linked to an online deposit account and a prepaid Mastercard.
Crypto Wallet: Is the encrypted Blockchain Crypto Wallet, of each User/Client. This is where Company will send your requested withdrawals to.
Spillover: Is the ability to have new Users/Clients placed under you in the 2×15 Matrix by your Uplines, as they continue to sponsor more Users/Clients. In turn you have the ability to create Spillover under Users/Clients in your Downline organization (Downline Matrix). Spillover is never guaranteed as a result and requires patience. For each Spillover entering your 2×15 Matrix body, a Matrix Bonus will be received.
Lineage: Every time a User/Client (“Sponsor”) personally sponsors another User/Client who purchases a PAYSOT program, it creates a new Lineage for the Sponsor’s Matrix organization. Anyone the new User/Client sponsors falls into that new Lineage, and so on. There is no limit to the number of Lineages an individual User/Client may have in PAYSOT. Lineage is very important when it comes to achieving bigger earnings and new ranks.
Part 3
User and account terms
- Modification / Acceptance.
PAYSOT may amend the Contract, the Terms and Conditions, the Privacy Policy, the Legal Disclosures, the Affiliate Agreement and the PAYSOT Compensation Plan at any time, in its sole discretion. The continuation of a User/Client in PAYSOT and/or acceptance of any earnings pursuant to the PAYSOT Compensation Plan or acceptance of any other benefits under the Contract constitutes acceptance of the Contract in its entirety, along with any all amendments thereto.
- Fees.
2.1 Payment processing fees.
To become a User/Client of PAYSOT, a payment process fee may be required by your Bitcoin, Xenios or Fiat Wallet. These fees must be added on top of the amount of BTC, XNC, EU etc. Company must receive in order to activate your selected program (for example: You chose a €1500 PAYSOT program, in this scenario let’s assume your crypto or fiat Wallet charges you €10 processing fee, you would need to send €1010, as Company MUST receive €1010 NET of crypto or fiat in order for the system to activate your account).
2.2 Other fees.
The Company may add fees to orders or deduct from bonuses or commissions payments, maintenance fees and fees for other services provided by Company.
Management Fees: Whenever Users/Clients purchases a new PAYSOT program, a management fee of 2% is provided on the value of each PAYSOT program but not less than €25. That fee is attributed to the team of experts and financial analysts.
Withdrawal Fees: Whenever Users/Clients requests credit of their earnings from their Internal Wallet to their PAYSOT e-wallet, a 10% withdrawal fee is provided on the earnings (see Section 5, paragraph 3).
- Communication.
A User/Client agrees that PAYSOT may contact the User/Client via the provided telephone number or e-mail address, concerning the status of his/her PAYSOT business during the term of this Contract. Users/Clients also acknowledge that they agree to accept all electronic copies (applications, authorizations, etc.) as being the same as the original documents, and that documents, requests and authorizations submitted electronically on behalf of the User/Client are explicitly deemed to have the same force in law as their manual signature.
- Independent Account User Service Status.
Users/Clients are independent participants and are not purchasers of a franchise or a business opportunity. The agreement between Company and its Users/Clients does not create an employer/employee relationship, agency, partnership or joint venture between the Company and the User/Client. Users shall not be treated as employees for the services they offer. All Users are responsible for paying local, state (provincial), and Federal taxes arising from their earnings (rewards and profits) as Users/Clients of the Company. The Users/Clients has no authority (expressed or implied), to bind the Company to any obligation. Each User/Client shall establish his/her own goals, hours and methods of promotion and/or selling, so long as he/she complies with the terms of the Contract, these Terms and Conditions, Privacy Policies and applicable law.
- KYC (Know Your Customer) Required.
PAYSOT on behalf of PAYSOT e-wallet reserves the right to require supporting documentation demonstrating the ID is valid and belongs to the User/Client. With the purchase of a PAYSOT program, an account in the PAYSOT e-wallet is signed up for each User/Client, which is linked to a prepaid Mastercard, in order all earnings and profits to be credited in there. In case of non-submission of the required supporting documentation for the identification, (either due to negligence or due to submission of incorrect supporting documents) then the earnings and/or profits of the User/Client are suspended. The supporting documentation submitted by the Users/Clients may be differentiated per User/Client following a decision of the Company.
- Non-circumvention.
A User/Client warrants that by entering into this Contract, the User/Client does not violate any other agreements the User/Client has entered into with a third party, and further, that the User has not entered into any agreement or contract that may invoke a non-competition restriction by any employer or direct selling company that will restrict or prevent the User from performing the User’s duties hereunder. The User/Client also warranty that has no existing contractual or fiduciary duties that would prevent the User from receiving the benefits of, and performing the duties of, this Contract. User/Client agree to indemnify the Company for any possible civil penalties, refunds, attorney fees, court costs or loss of business incurred by the Company as a result of claims or legal action brought against User by any former employer or direct selling company alleging of any other competing agreement. This provision will survive the termination of this Agreement as well.
- Portfolio management.
Each User manages his own portfolio for which is solely responsible for as long as he/she is an Active in the Company. The Company has access to all Users/Clients via emali in order to inform about the news, upgrades, updates, developments that take place as well as to reward, support and help each User/Client whenever necessary. The Company, in addition, does not bear any responsibility regarding the portfolio of each User and the way he manages it. The User undertakes to indemnify the Company for any possible civil penalties, refunds, attorney fees, court costs or loss of business incurred by the Company as a result of claims or legal action brought against User or any of the Company’s shareholders, which, claims, do not comply with all the Terms and Conditions mentioned in this document.
- Early cancellation.
All users of the Company have the right to cancel the PAYSOT program they have chosen by receiving as a refund part of the amount they have allocated for the purchase of the program and in accordance with the early cancellation policy of the Company.
The refund amount is determined from the moment they choose to cancel their plan and is as follows:
- Cancellation from the 1st to the 179th day => No refund is provided.
- Cancellation from the 180th to the 359th day => 75% return of their capital plus the withdrawal fee (10%).
The non-refundable amount remains to the company as a payment for the services of the expert analysts who worked until that time. Any early cancellation request should be sent in writing to compliance@paysot.com
- Force Majeure.
None of the parties is responsible for delays, acts and/or omissions related to the fulfillment of contractual obligations. If these acts and/or omissions are the result of force majeure, such as acts beyond the control of the Contracting Parties, as determined and interpreted by public opinion, common sense and the Bulgarian courts (eg financial global or national crisis , war, seismic total disasters, pandemic, destruction of the company’s software, attack on its server server).
Part 4
Promoting Products and Opportunity
- Company statement.
PAYSOT encourages Users/Clients to promote PAYSOT services and the PAYSOT business opportunity pursuant to the appropriate guidelines issued by the Company. These guidelines are required for PAYSOT to ensure compliance by Users and the Company with the myriad of laws that govern the advertising of PAYSOT services and business opportunity. Failure to follow these guidelines can result in violations of local and international laws, which may result in damage to the reputation of the Company’, as well as restrictions upon Company, Users, and services that could trigger undesirable publicity and possible fines, penalties, and/or legal actions.
- Advertising material.
The Company may allow a User to use only PAYSOT names, logos or trademarks provided such use is in accordance with the Contract. All Company literature, audios, videos, official website material and social media pages are copyrighted by Company and may be duplicated only by obtaining the prior written consent of the Company. Please send all such requests to the Compliance department at compliance@paysot.com for review.
- Earnings Disclosure Claims.
The Earnings of a User/Client are based on the Company’s Compensation Plan. Claims of financial earnings beyond those provided in the Company’s Compensation Plan are rejected from the very beginning.
“Earnings may vary depending on the degree of effort employed. No earnings are guaranteed, and a User is not guaranteed to reach a certain reward level. Past results are not guarantees of future results”.
- Internet and Other Electronic Media. A User may not use electronic media advertising for CFX product(s) or the CFX Business Opportunity on television, radio, social media, websites, or on any other Internet site without prior written approval from CFX. Compliance with this policy ensures safety for the company and an equal opportunity for all Users to succeed with CFX. Please send all such requests to the Compliance department at compliance@cashfxgroup.com.
- Internet and other Electronic Media.
A User may post an advertisement for PAYSOT services or PAYSOT business on television, radio, social media, websites or any other website provided that he / she has received the written approval of the Company. Compliance with this policy ensures safety for the Company and an equal opportunity for all Users to succeed with PAYSOT. Please send all such requests to the Compliance department at compliance@paysot.com
- Internet Etiquette.
Users are encouraged to follow all Internet etiquette and to be responsible Internet citizens. A User may not use mass e-mailings (except to those on “opt-in” lists) or e-mail spamming to promote the PAYSOT service or product. Users are required to comply with the Laws and Rules promulgated thereunder at which establish universal standards for electronic mail whose primary purpose is commercial, such as requiring that consumers be given the opportunity to opt-out of receiving future solicitations, and any other laws governing the electronic distribution of materials.
- User Promotional Websites.
A User may use the Internet to promote the PAYSOT Business Opportunity by creating a personalized Website, however, the Website must display a graphic, approved by the Company, which states they are an “Independent User” service. “Website” includes any and all forms of social media, which is further defined as all forms of electronic communication through which users create online communities to share information, ideas, personal messages, and other content (i.e. videos, graphics, etc.). Such websites and all other Websites used by a User are subject to review and approval by the Company’s Compliance Department, compliance@paysot.com. A User may not register or use any PAYSOT name(s), trademark(s), logo(s), product name(s), or any derivation of any of the foregoing, in any URL address or domain name. Further, the website shall not contain any hyperlinks to websites of competitors or competitors’ products. It must be a “stand-alone” PAYSOT website. A User’s Website may display PAYSOT service(s) information if the information and website are approved in advance by the Company’s Compliance Department, are kept up-to-date with to mirror the information Company has displayed on it’s corporate maintained website(s), and are compliant with this Contract. Any information located in the PAYSOT Backoffice is available for use or download by a User for their stand-alone PAYSOT website. In general, a User’s website may contain certain personal and opportunity testimonials as well as motivational information, provided that the material reflects the honest and balanced expression of the true experience of the provider and meets all the requirements set out in Part 4, paragraph 3, with respect to product and earnings claims. A User’s website may not contain claims that products or programs are for sale in any country other than the country in which the products or programs have been approved by the Company. A basic way for a User to promote the Company’s services, is to display on his website his phone number, e-mail address and/or personal recommendation number to the Company. Upon request, proof of compliance must be submitted to the Company’s compliance department at compliance@paysot.com. Failure to comply with industry requirements and standards of practice may result in disciplinary action.
- Intellectual Property Rights.
A user may not use Company’s employee names, trademarks, service marks, trade dress or trade names, domain names, logos, Company’s media or any distinctive phrases or sounds used by the Company to promote its business prior to receiving written permission from the Company. Unauthorized use of materials may result in disciplinary action, unless the User is utilizing the materials that were specifically created, approved and provided by the Company to all its Users. If Users has a question regarding what is acceptable, they can contact the Compliance Department of the Company for clarifications.
- Income and Opportunity Claims.
Some participants, through their enthusiasm to support prospective Users/Clients, are occasionally tempted to make income claims or earnings representations to demonstrate the inherent power of network marketing. This is counterproductive as new Users/Clients may become disappointed if their results are not as extensive or rapid as the results achieved by others. No unreasonable or misleading claims or intentional misrepresentation of earnings or potential income may be made by a User. Income guarantees of any kind are prohibited by the Contract and by law. Income representations MUST be honest, fact-based and include Earnings Disclosure. Any claims reported or discovered by the Company that do not have the proper Earnings Disclosure may result in disciplinary action. (See Earnings Disclosure above).
“Earnings may vary depending on the degree of e‑ort employed. No earnings are guaranteed, and a User is not guaranteed to reach a certain reward level. Past results are not guarantees of future results”.
- User Promotion and Incentive Programs.
Users may offer incentive programs to their team and prospects of their team. However, they should avoid publicly advertise such incentive programs because such advertisements may result in, direct or indirect, cross-sponsoring or other violations of the Terms, Policies and Conditions.
- Future Additions Claims.
A User shall not imply or assert that additional products, services, new Compensation Plan or new head offices, etc. will be added to the Company unless or until that change has been officially announced in writing by the Company.
- Governmental Claims.
A User shall not state, suggest or imply that the PAYSOT Compensation Plan or its services or business opportunities are approved by any state Attorney General or state government authority or agency, or any other third party. This is stated exclusively by the Company and is clearly presented on its official website.
- Sale or Promotion of services or opportunities of other companies.
A User shall not sell, promote, or advertise services, products, opportunities or materials that are competitive with the services, products, opportunities, offered by the Company. This is known as “cross-recruiting” and is not allowed. Any violation of this provision may be considered unfair competition against the Company and as a breach of the Contract. Such violation is subject to disciplinary action, up to and including termination of the cooperation with the Independent User/Partner and other legal actions.
- Discontinued Services, Renaming of Services.
If the Company discontinues any of its services, Users must immediately stop promoting and selling these services. Users may not sell a service(s) re-labelled or alter the original content, service information, material(s) or program in any way other than as originally approved and intended by the Company.
- Mass Inquiries.
In order to ensure accuracy and consistency of information, a User who receives any inquiry from the press or other media regarding any aspect of the Company, it’s services or business opportunity, should not engage the media, but rather refer such inquiries to the Company, at compliance@paysot.com
- Recordings of the Company.
No User is allowed, without the prior written approval of the Company, to produce for sale or distribution, in personal or business use, any audio, video or recording or videotaping of Company sponsored events, such as webinars, speeches, employees or meetings. Also, the User is not allowed to produce or make available to others any corporate recordings without the express written permission of the Company.
- Complaints of Client or Users.
A User must report, in a timely manner, all clients or other users regarding the identity, quality, durability, reliability, safety, effectiveness or performance of the Company’s services to the Customer Support at support@paysot.com.
- Indemnification.
A member is fully responsible for all his/her verbal and written statements made regarding the Company’s services, programs and Compensation Plan, which are not expressly contained in the current Terms and Conditions. Users agree to indemnify the Company and Company’s directors, employees and agents, and hold them harmless from any and all liability including judgments, civil penalties, refunds, attorney fees, court cost, or lost business incurred by the Company as a result of the User’s unauthorized representations or actions. This provision shall survive the termination of this Agreement.
Part 5
Commissions, bonuses and fees
- Earnings and Beneficial Interest.
Users are permitted to earn commissions on one (1) personal account, and are permitted to have a shared interest in more than one (1) account IF it’s a Corporation, LLC, partnership, JV, etc. Users are limited to up to three (3) accounts per household, of which each account must have unique identification that is KYC verifiable.
- Commission payments.
The earnings that a user can receive from the Company are calculated as follows:
- Profits from a PAYSOT program.
Profits from the returns of a PAYSOT programs are reimbursed each month (according to the table in Part 6, paragraph 1 below) and are released for withdrawal at the end of each program, ie 360 calendar days after the day of its start.
- Profits from Direct commissions.
The earnings from the Direct commissions are generated from the personal sales of each User, are deposited directly (according to the table in Section 6, paragraph 2) and are released for withdrawal 10 working days from the day of a PAYSOT program sale.
- Profits from Team commissions due to the 2×15 Matrix system.
The earnings from the Team commissions are generated from team’s sales into every User organization, are calculated at the end of each calendar month, are deposited directly (according to the table in Part 6, paragraph 3) and are released for withdrawal within the first 5 days of each following month.
Earnings can be attributed to Users/Clients in Euro (EU), Dollar (USD), British Pound (GBP), Bitcoin and Xenios cryptocurrencies. In order the earnings be paid, a withdrawal request must be sent by each User/Client via email to withdrawal@paysot.com. In case of payments (EU, USD, GBP), the earnings are credited exclusively to the PAYSOT e-wallet, which is supported by the financial institution which the Company cooperates. For the approval of the Users/Clients in the PAYSOT e-wallet, a KYC identification process is provided by presenting a color passport or identity photo (both sides), a selfie color photo of the User holding his/her passport or identity card (both sides), proof of address (utility bill). If a User/Client does not provide the appropriate documents, when requested by the Company, it will result in him/her not being able to receive his/her profits from the program he has chosen or not being able to receive the earnings from the commissions regarding the work he/she has provide.
The fees of all deposits in EU, USD, GBP in the PAYSOT e-wallet are charged to the Company. If any User/Client prefer to receive his/her earnings in Bitcoin or Xenios coin, he/she must declare to the Company the crypto wallet address in order to receive the earnings. The fees of depositing the earnings in Bitcoin or Xenios coin crypto wallets are charging the User/Clinet (for more information see the “Frequently Asked Questions” section). The Company’s Compensation Plan may be updated from time to time, without prior notice and at the sole discretion of the Company.
- Withdrawal Fees.
All users of the Company automatically pay a 10% withdrawal fee when withdrawing profits or/and earnings and not the capital. This 10% is dispersed back into the Company’s commission structure 2×15 Matrix and to specialist financial analysts.
- Bonuses.
Users should refer to the Company’s Compensation Plan as analyzed in Part 7, paragraphs 1, 2 and 3, for full information and explanation on all earnings and bonuses offered by the Company.
- Profit Pay Period from PAYSOT programs.
Each PAYSOT program starts delivering 21 days from the date of purchase. After this introductory period, the User/Client begins to receive the profits of his/her program, on a monthly basis, as they are posted in the Internal wallet of PAYSOT backoffice. The period of 21 days is necessary for the correct research and selection of the most appropriate placement of the amount available to each User/Client.
Part 6
Compensation Plan
To qualify for Company’s Compensation Plan, a User is required to own an active PAYSOT Program. Without a current PAYSOT Program, none of the following bonuses will be accumulate on a User account. Each active PAYSOT Program can accumulate earnings from any of the bonuses listed below, if the account qualifies for them. All active Users have the potential to earn both Direct commissions and Matrix commissions. Direct commission is earned from the personal sales that will be generated by the User and Matrix commission is earned from the sales that will be generated in the User’s organization either by the uplines or by the downlines of the User. A User is entitled to receive Matrix commissions even if he has not personally enrolled another User/Client, as long as he/she is active.
- Profits from PAYSOT Program.
The PAYSOT Programs enable the Users/Clients to generate profits according to the amount that they will allocate to the Company for the management of one year (360 days). The accepted amounts from the Company as well as the percentages of profit that it returns to the Users/Clients are listed in detail in the following table:
PAYSOT Program | Amount | Percentagein 360 days | Total Profitin 360 days |
1 | 300€ | 30% | 390€ |
2 | 700€ | 35% | 945€ |
3 | 1.500€ | 40% | 2.100€ |
4 | 5.000€ | 45% | 7.250€ |
5 | 10.000€ | 50% | 15.000€ |
Each User/Client may purchase one or more of the above programs without any restriction on the time when this will happen or on the choice of programs.
The profits from the performances of the PAYSOT programs are reimbursed based on the terms of use of the respective program. At the end of each program, ie 360 calendar days after the day of its start, the initial capital is returned.
- Direct commission.
Every User may generate earnings from the promotion of PAYSOT programs to potential new Clients/Users. The earnings from the Direct commissions are generated from the personal sales that each User will achieve. Direct commissions are analyzed as follows:
- 10% Direct commission on personal sales if there are total personal sales in the User’s organization from €0.00 to €150,000.00 and for as long as these funds are active,
- 15% Direct commission on personal sales if there are total personal sales in the User’s organization from € 150,001.00 and above and for as long as these funds are active.
Direct Commissions | Active Amounts |
10% | 0,00€ έως 150.000,00€ |
15% | 150.001,00€ και άνω |
The Directi Commissions calculated at the end of each calendar month, are deposited directly and are released for withdrawal within the last 5 days of the month.
- Team commission.
Team commission is earned from the sales that will be made to a User’s organization either by its uplines or downlines, whether it is a spillover or a lineage. Each User is entitled to receive Team commissions even if he has not personally recommended another User/Client, as long as he/she is active (see Part 2). The earnings from the Team commissions generated from the Company’s Matrix 2×15 system, as analyzed in the following table:
Matrix Levels | Numberof Users | Commission Percentage | Example of earnings with €300,00 program |
1 | 2 | 0,5% | 3,00€ |
2 | 4 | 0,5% | 6,00€ |
3 | 8 | 0,5% | 12,00€ |
4 | 16 | 0,5% | 24,00€ |
5 | 32 | 1% | 96,00€ |
6 | 64 | 1% | 192,00€ |
7 | 128 | 1% | 384,00€ |
8 | 256 | 1% | 768,00€ |
9 | 512 | 1% | 1.536,00€ |
10 | 1.024 | 0,5% | 1.536,00€ |
11 | 2.048 | 0,5% | 3.072,00€ |
12 | 4.096 | 0,5% | 6.144,00€ |
13 | 8.192 | 0,5% | 12.288,00€ |
14 | 16.384 | 0,5% | 24.576,00€ |
15 | 32.768 | 0,5% | 49.152,00€ |
Total | 65.534 | 10% | 99.789,00€ |
Team commissions calculated at the end of each calendar month, are deposited directly and are released for withdrawal within the last 5 days of the month.
Part 7
Breach of Contract
- Severability.
If any of the provisions of the Terms & Conditions are deemed to be invalid, void or unenforceable, the remaining provisions shall continue in full force and effect. The Company may change, amend, delete or add to this Agreement or any of the Terms & Conditions contained in any policies or rules governing the Website, the Service(s) at any time and in its sole discretion without any further notice. Any such changes will be effective upon the posting of the revised Agreement or such policies and rules on the Website, and the User is solely responsible for reviewing any such notice and the corresponding changes to the Agreement. User’s continued use of the Website, the Service(s) following any such revisions to the Agreement or such policies and rules, will constitute User’s acceptance of such changes. If the User does not agree to any such changes, then the User must not continue to use the Website and the Service(s). The CEO has the right to change the operation of the Company at any time without prior notice.
- Dispute Resolution.
All disputes arising out of or in connection with this Agreement shall be subject to the actual and local jurisdiction of the courts of Bulgaria. All procedures are conducted in Bulgarian.
- Jurisdiction.
The Company reserves the right to change the jurisdiction of the Company and this Agreement at any time at its sole discretion.
Part 8
Confidentiality and Privacy Statement
Every User is obliged to preserve, in any case, the prestige and reputation of the Company, good faith. He/She must also not approach members, customers or associates of the Company, in order to serve his/her own, foreign professional purposes and interests conflicting in relation to those of the Company.
All the above constitute a serious reason for termination of the cooperation without the right to compensation to the User, while the Company reserves the right to claim any legal compensation for any damage suffered by the unconventional behavior of the User.
The User/Client may have access to financial, professional and any kind of personal data of the Company, including employees, internal and external partners, shareholders, customers and all, in general, natural and legal persons, directly or indirectly related or contract with the Company.
Each User/Client undertakes that all data, documents, conversations or other information that are developed, exchanged or provided, for the development of the Company, are considered completely confidential and will not disclose them, without the prior written approval of the Company. Any violation of the terms of Confidentiality is the responsibility of the User and may lead to legal action. This obligation binds the User both during his/her stay in the Company and after – in any way – its termination.
The Company treats each User/Client as an executive and an integral part of it. Recognizes the obligation to comply with and implement all that has been committed above. In addition, it is committed to ensuring and maintaining the confidentiality of all personal data and information concerning the User/Client.