The Golden Pip Circle

This agreement is entered between The Golden Pip Circle and ("Introducer"). Whereas, Introducer is engaged in the business of soliciting customers for the purpose of our products and/or services and wishes to introduce such customers to us on an exclusive basis; and whereas, Introducer and The Golden Pip Circle wish to enter into an agreement pursuant to which Introducer will identify and refer prospective, suitable parties to us for the purpose of our products and/or services;
 
Now, therefore, in consideration of the premises and the covenants and representations contained herein, the parties agree as follows:

5.1. The Introducer in his own name and for Remuneration should:
5.1.1. hold the advertising events in favour of The Golden Pip Circle;
5.1.2. hold the events not conflicting with the legislation of the country of residence and aimed at the attraction of potential customers;
5.1.3. inform the potential customers about our activities and services, advantages and others;
5.1.4. notify the potential customers of all necessary information about The Golden Pip Circle, including contact requisites of The Golden Pip Circle, common and special terms of services.
5.1.5. introduce our website www.goldenpipcircle.com and its structure, refer to the documents and information placed on this website, comment and explain it.

5.2. Interaction of the Parties
5.2.1. Under no circumstances are these Terms to be considered a Partnership, joint venture and/or employee-employer relationship. The Introducer may operate and introduce itself in interaction with the third parties only as a customer of The Golden Pip Circle and not in any other capacity. The Introducer may not use The Golden Pip Circle's name and logo anywhere including but not limited to; advertising materials, forms, business cards, announcements and publications without a written consent from us.
5.2.2. Under no circumstances is The Golden Pip Circle responsible for: (a) any actions of the Introducer carried out with breach of any provisions within our Terms & Conditions; (b) any actions of the Introducer carried out outside the limits of its authority provided by The Golden Pip Circle; (c) any losses of the third parties caused by the Introducer; (d) any losses of the third parties resulted from false, inaccurate, misrepresented and/or negligent claims or statements made by the Introducer.

5.3. The parties agree to comply with the provisions provided in these Terms & Conditions, unless otherwise specified, signed and agreed upon by the parties under mutual agreement.

5.4. Obligations of the Introducer
5.4.1. The Introducer agrees to act in compliance with the legislation of the country of residence.
5.4.2. The Introducer agrees to notify The Golden Pip Circle immediately about any intervention by right or without right in its activity.
5.4.3. The Introducer agrees to use best endeavors to attract potential customers for The Golden Pip Circle.
5.4.4. The Introducer is responsible for accuracy and authenticity of all data and personal, non-public information provided by the customer. A customer is considered to be attracted by the Introducer provided the customer indicates the Introducer's name, contact details and referral ID and/or documents (where applicable) upon registration or payment in exchange for our services.

5.5. The Golden Pip Circle reserves a right to register a customer as attracted by the Introducer provided the Introducer my prove the fact of attracting the customer and explain the reason why the customer's registration was not carried out in compliance with clause 5.4. hereof.

5.6. The Introducer agrees not to use unprincipled types of advertising to promote its activity. In particular it is prohibited to use:
5.6.1. advertising on immoral (including pornographic) websites;
5.6.2. advertising on websites breaching the Introducer's country of residence legislation;
5.6.3. spam;
5.6.4. advertisements with deliberate misleading description of the services provided and also deliberate non-disclosure of the risks and information about the services provided to customers;
5.6.5. advertisements containing inauthentic information or breaching legislation of the Introducer's country of residence;
5.6.6. anything that may bring harm to the positive image of The Golden Pip Circle;
5.6.7. any other types of unprincipled adverting.

5.7. The Introducer is prohibited from:
5.7.1. registering and/or using the domain names or account names on any social network containing a part of the word or the whole word or The Golden Pip Circle or another version of these words, for example; The Golden Pip, Golden Pip, The Golden Circle, www.goldenpipcircle.com.sg etc. without prior consent from us.
5.7.2. register an organization and/or use the word "The Golden Pip Circle", its any part and other version of writing this word.

5.8. The Introducer is prohibited from money relations with customers (including accepting money, payment and bank cards, etc.) unless authorized by us.

5.9. The Introducer agrees to keep confidential on The Golden Pip Circle's activity and/or the information that the Introducer becomes aware of in accordance with the requirements of these Regulations.

5.10. The Introducer agrees to inform The Golden Pip Circle about all the facts and circumstances, it becomes aware of, that may result in undesired consequences (risks) to us.

5.11. Should customers assert claims to The Golden Pip Circle connected with the activity of the Introducer, the Introducer agrees to settle all the claims of such customers on its own.

5.12. Rights and Obligations of The Golden Pip Circle:
5.12.1. The Golden Pip Circle agrees to provide the Introducer with necessary assistance in executing the mission stipulated hereby.
5.12.2. The Golden Pip Circle agrees to pay commissions to the Introducer in the amount and under conditions stipulated hereby.
5.12.3. The Golden Pip Circle has the right to control the Introducer activity in functions and obligations performing under these Regulations.
5.12.4. The Golden Pip Circle has the right to ask and get the detailed report about the Introducer's obligations fulfillment under these Regulations.

5.13. Limitation of Introducer's Authority:
5.13.1. The Introducer does not have a right to do the following without prior written consent from The Golden Pip Circle: (a) assume responsibility on behalf of The Golden Pip Circle or put us under any obligations; (b) publish or assist in any advertising publications related to The Golden Pip Circle in mass media; also publish and distribute any articles and letters related to us or assist in writing of such articles and letters in any newspapers, magazines and other periodicals, Internet blogs and forums; (c) give any guarantees and/or promises, make any claims in relation to any payments under any contracts and/or agreements concluded by The Golden Pip Circle.
5.13.2. The Introducer, entering into relations with customers, agrees to inform the interested persons and customers about its Introducer status and powers. Since the Introducers is an intermediary, it is The Golden Pip Circle who carries out all actual actions necessary for conclusion and execution of customer agreements with the customers, also it enters into actual interaction with them, prepares and signs all the required documents.
5.13.3. The Introducer does not have a right, in its own name and/or on behalf of the interested person, to register a new user in the system of The Golden Pip Circle and/or accept the customer agreements on behalf of customers.
5.13.4. Under no circumstances the Introducer has a right to accept from customers and/or give out to customers' money unless authorized by The Golden Pip Circle.
5.13.5. Limitations stipulated by clauses 5.13.1.-5.13.4. hereof are in force within the effective period of the Terms and within 5 years after its termination or cancellation.
5.13.6. Should as a result of the Introducer's failure to comply with the conditions of the Terms (including unauthorized actions or claims of the Introducer), there will be filed lawsuits against The Golden Pip Circle, all the losses suffered by us are to be compensated by the Introducer in the full scale. Losses are understood as the expenses that The Golden Pip Circle incurred or will incur restoring its rights and interests (real losses) as well as non-derived income that we would have gained in usual business intercourse should its rights and interests were not infringed (lost profit) when valuable interests or business reputation of The Golden Pip Circle were violated as a result of failure to execute or improper execution of obligations by the Introducer under these Terms. The Introducer does not have a right to dispute the amount of loss claimed by The Golden Pip Circle for compensation.
5.13.7. The Introducer, his relatives or affiliates cannot act as the Introducer's customers.

5.14. Commissions paid to Introducer by The Golden Pip Circle:
5.14.1. The Introducer is only entitled to commissions upon written closure of agreement between customer and The Golden Pip Circle.
5.14.2. Commissions are to be disbursed as stipulated in the written agreement between the Introducer and The Golden Pip Circle.
5.14.3. The Golden Pip Circle has a right to introduce at its sole discretion amendments to the conditions of commissions adding and payment keeping with clause 5.16.4. of the Regulations.
5.14.4. Commissions indicated in clauses 5.14.1.-5.14.2. hereof are the only payment to the Introducer and the Introducer may not claim for another remuneration unless otherwise mutually agreed to by the Introducer and The Golden Pip Circle.
5.14.5. The Introducer is not allowed to recruit himself as Client, in order to prevent the scenario of conflicting interest.

5.15. Guaranty Commitments:
5.15.1. The Introducer guarantees: (a) that it has the required capacity and authority to accept these Terms; (b) to attract potential customers; (c) fulfillment of its obligations; (d) to  compensate losses and prevent indebtedness to The Golden Pip Circle and its personnel without any claims, demands, suits, expenses, losses, charges (including litigation expenses) and fines that may arise as a result of the Introducer's guarantee commitments breach. 

5.16. Force-Majeure
5.16.1. None of the parties hereof is liable for complete or partial failure to fulfill its obligations should the failure result from force-majeure circumstances (floods, fire, earthquake and other acts of God, as well as war or different military operations, blockade, government regulation and other unavoidable cases of emergency independent from the parties).
5.16.2. The Party, that fails to fulfill its obligations, agrees to inform immediately, not later than 5 bank days from the moment such circumstances occurred and ended, the other Party in a written form about the onset, expected duration and cessation of the foregoing circumstances.
5.16.3. Facts stated in the notification, are to be proved by a competent body or organization of the relevant country. Failure to notify or untimely notification deprives the Party from its right to refer to any of the foregoing circumstances as a ground releasing from liability for failure to fulfill its obligations.
5.16.4. Should impossibility of completion or partial fulfillment of obligations last for more than 3 months, the Agreement is automatically cancelled. 

5.17. Miscellaneous
5.17.1. Should there arise a disputable situation with customers attracted by the Introducer, decision of The Golden Pip Circle is considered to be conclusive.
5.17.2. The Introducer acknowledges and agrees that he/she is responsible for the payment of all relevant duties and/or charges and/or taxes arising from the course of his business.
5.17.3. In the event of any dispute, or complaint from a client, The Golden Pip Circle has the right to hold back any commissions due to the Introducer until such issues are resolved.
5.17.4. Should one of the Parties not raise a demand for obligations fulfillment, the other Party hereof is not discharged from fulfillment of its obligations under this Agreement, as well as it does not mean refusal from obligations.
5.17.5. The Introducer acknowledges that The Golden Pip Circle has a right to amend separate clauses of these Regulations anytime having previously notified the Introducer in a written form 7 (Seven) Calendar days in advance before such amendments are introduced. Any such amendment comes into force on a date stated in the written notification.
5.17.6. Written notification under this agreement is understood as one of the following means of communication: (a) e-mail; (b) post; (c) announcement on The Golden Pip Circle's website; (d) any other written means of communication including but not limited to, Whatsapp, Telegram, Instagram, TikTok etc.
5.17.7.  Any correspondence (documents, announcements, notifications, confirmations, reports etc.) is considered to be received by the Introducer: (a) in one hour after it has been sent to the e-mail address of the Introducer; (b) in five calendar days from the moment the posting is sent; (c) in one hour after the announcement is posted on The Golden Pip Circle's website.
5.17.8. The Introducer agrees to inform The Golden Pip Circle immediately about changes in its contact information.
5.17.9. For the avoidance of doubt and without any exception: the Introducer must always perform in his own name, but not on The Golden Pip Circle's behalf. The beginning of any relations on our behalf is the howling breach of these Terms involving its termination and cancel of any payments and compensations to the Introducer.
5.17.10. If the Introducer breaks any clauses of these Terms, The Golden Pip Circle may estimate it as a howling breach of these Regulations involving its termination and cancel of any payments and compensations to the Introducer.

In accepting these Terms, the Introducer confirms that:
It has read and understood the terms and conditions of the Regulations; all the terms and conditions of the Regulations are understood and accepted in the full scale; there are no circumstances that may prohibit from the Regulations acceptance.