These Referral Program Terms (the “Terms”) govern your participation in the Referral Program in order to receive a reward for inviting new users to join and use the GIM mobile application.

Please read these Terms carefully before accepting them. By joining the Referral Program, you accept these Terms and Conditions, as well as other terms and policies incorporated into these Terms and Conditions by reference. If you do not agree to be bound by these Terms, you may not participate in the Referral Program.

These Terms are available in electronic format on the website gim.io

The last date of the Terms update: August 01, 2023.

An Affiliate (or “you”) is a registered user of the GIM Application who accepts these Terms and Conditions and invites third parties to use the GIM Application by providing them with a unique Referral Link.

GIM TECH INTERNATIONAL CORP (the “Company”) is the owner of the Referral Program. The Company operates under the laws of the Republic of Panama.

The Affiliate and the Company are hereinafter referred to collectively as the “Parties”.

The GIM app is a mobile application that allows users to conduct transactions with cryptocurrencies.

User means a natural or legal person using the GIM Application.

Referral Program is a program that allows Affiliates to receive remuneration for attracting Users through Referral Links and for Users’ transactions in the GIM Application. The Referral Program is a one-tier program by default. In certain cases, the Company may establish special terms of cooperation with Affiliates, which are agreed upon by the Parties separately and displayed in the User’s account in the GIM Application (Multi-Tier Referral Program).

Referral means a User who has registered in the GIM Application using the Affiliate’s Referral Link. In case of participation of an Affiliate under the terms of the Multi-Level Referral Program, a Referral who has registered using the Affiliate’s Referral Link is a First Level Referral. A Referral who has registered using the Referral link of a First Level Referral is a Second Level Referral. A Referral who has registered using the Referral Link of a Second Level Referral is a Third Level Referral.

Referral Link means a unique link received by the Affiliate in the GIM Application to connect third parties as new users of the GIM Application under the Referral Program.

The Company’s Commission is a part of the commission paid by the User when making transactions in the GIM Application and which is directly the Company’s income. The Company’s Commission includes: cash deposit fee; cash withdrawal fee; cryptocurrency exchange fee. Other commissions in the GIM Application, including those paid by Users for transactions on receiving and sending cryptocurrency and partner commissions (commissions of cash deposit/withdrawal points), are not the Company’s commissions and are not taken into account in the Referral Program.

1. GENERAL CONDITIONS FOR JOINING THE REFERRAL PROGRAM

1.1 A Referral may only be a person who is entitled to be a User of the GIM Application in accordance with User Agreement

1.2 A person may register in the GIM Application using the Referral Link of a registered User only once. The User is not entitled to use the generated Referral Links for his/her own account.

1.3 A User who has registered in the GIM Application using the Affiliate’s Referral Link will be entered into the Company’s database as a Referral of that Affiliate.

1.4 An Affiliate receives a remuneration in the amount and according to the procedure stipulated by these Terms and Conditions from the Company’s Commission from the Referral transactions of this Affiliate.

1.5 A person may register in the GIM Application using the Referral Link only if such person has never been a registered User of the GIM Application before.

2. WARRANTIES AND LIABILITY

2.1By accepting the Terms, you (a) confirm that you are at least 18 years of age at the time of acceptance of these Terms; (b) if accepting the Terms on behalf of a legal entity, you confirm that you have the right and authority to do so and that such legal entity has agreed to these Terms.

2.2 The Affiliate guarantees to take only actions agreed with the Company to attract users of the GIM Application.

2.3 When attracting new Users of the GIM Application, the Affiliate shall not be entitled to guarantee profit and/or downplay the risks of conducting transactions with cryptocurrencies.

2.4 The Affiliate guarantees that it will not use any means to send unsolicited emails or messages (spam) and contextual advertising to the brand in order to attract users.

2.5 These Terms do not authorize the Affiliate to act on behalf of the Company and/or sign documents on behalf of the Company.

2.6 The Affiliate guarantees that under no circumstances will it represent itself as an employee, manager, consultant, representative of the Company and/or affiliates of the Company, or perform any other actions that may be interpreted as its belonging to the category of employees, managers, consultants, representatives of the Company and/or affiliates of the Company.

2.7 The Affiliate guarantees that its actions aimed at attracting Referrals, as well as the information it disseminates, will not mislead regarding the Company, the Company’s services, the terms of the Company’s services, as well as these Terms and Conditions.

2.8 Each Party warrants that it will not take any actions that may damage the business reputation of the other Party.

2.9 By using the GIM Application, you represent and warrant that you will (a) provide accurate, current and complete information that the Company may request in the GIM Application; (b) maintain the confidentiality and security of your password and prevent unauthorized access to your password, e-mail and telephone number by third parties; (c) keep your registration data and other information you provide in the GIM Application up-to-date, accurate, complete and, in the event of any changes, promptly update it in the GIM Application; and (d) assume all risks of unauthorized access to the registration data and any other information you provide in the GIM Application, and (e) be responsible for all activities in the GIM Application.

2.10 The Company shall not be liable in case of actions and/or omissions of a third party that made it impossible for the Company to fulfill its obligations or that led to unsatisfactory results for the Affiliate.

2.11 Under no circumstances shall the Company be liable to an Affiliate for any claims for (a) compensation for indirect (consequential) losses, (b) compensation for lost profits, lost revenue, lost goodwill or (c) compensation for punitive damages.

2.12 At the Company’s request, the Affiliate undertakes to provide documents proving the identity of the Affiliate, registration documents of the legal entity and other information for verification of the Affiliate’s data.

3. REMUNERATION AND PAYMENT PROCEDURE

3.1 The Company shall pay to the Affiliate a fee of 10% (ten percent) of the Company’s Commission on transactions made by the Affiliate’s Referral in the GIM Application.

3.2 In case of application of the Multilevel Referral Program to the Affiliate, the Company shall pay the Affiliate a total amount of 15% (fifteen percent) of the Company’s Commission on the transactions of the first, second and third level Referrals, which is calculated as follows:

3.3 The Affiliate’s remuneration is calculated in the currency in which the commission was paid by the Referrer.

3.4 The Affiliate’s remuneration is displayed in the GIM Application.

3.5 The Affiliate’s remuneration is credited in the GIM Application immediately after the Referral’s transaction and can be withdrawn by the Affiliate at any time to the main wallet in the GIM Application.

3.6 Detailed information on the accrued and received remuneration under the Referral Program can be found in the GIM App.

3.7 The affiliate shall independently pay taxes that arise in connection with the receipt of remuneration.

4. VALIDITY OF THE TERMS AND CONDITIONS AND THE PROCEDURE FOR TERMINATION OF THE REFERRAL PROGRAM

4.1 The Terms shall enter into force upon acceptance by you in the GIM Application and shall remain in force until the Parties have fully fulfilled their obligations under these Terms.

4.2 The Affiliate’s participation in the Referral Program shall be terminated simultaneously with the deletion of its account in the GIM Application.

4.3 If the Affiliate violates these Terms, the Company has the right to unilaterally terminate the Affiliate’s participation in the Referral Program without payment of remuneration by notifying the Affiliate in the GIM Application and/or at the e-mail address specified in the GIM Application.

4.4 The Company has the right to unilaterally amend these Terms. Such changes shall be published by the Company on the gim.io website. The User is obliged to independently monitor the updates of the Terms on the gim.io website and familiarize themselves with them. By continuing to use the GIM Application, the User agrees to the updated Terms posted on the gim.io website.

4.5 The Company has the right to unilaterally decide to terminate the Referral Program.

5. OTHER TERMS AND CONDITIONS

5.1 The Parties shall be released from liability for full or partial failure to fulfill their obligations under these Terms if the respective fulfillment was impossible due to force majeure, including natural disasters, pandemics, military actions, introduction of a state of emergency, changes in legislation (which make it impossible to comply with the Terms), full or partial inoperability of third-party services, whose services, products or information assist the Company in providing services to Users in the GIM Application, and other extraordinary and unforeseeable force majeure circumstances that arose after the acceptance of these Terms and Conditions and are confirmed in accordance with the requirements of applicable law (documentary evidence is not required if such circumstances are generally known and recognized by both Parties).

5.2 The Parties are obliged to keep the commercial terms and conditions and the process of fulfillment of the Terms confidential within the limits not contradicting the law and these Terms during the term of the Terms and for 3 (three) years after its expiration.

5.3 The Company has the right to provide third parties with information about these Terms in order to fulfill these Terms and confirm the cooperation of the Parties.

5.4 The Company shall have the right to unilaterally transfer all or part of its rights and obligations under these Terms and Conditions to a third party, including by replacing a Party.

5.5 The Company shall have the right to unilaterally transfer all or part of its rights and obligations under these Terms and Conditions to a third party, including by replacing a Party.

5.6 These Terms shall be governed by and construed in accordance with the laws of the Republic of Panama. Any dispute shall be resolved by the competent court of the Republic of Panama.