CRYPTOGRAPHIC PACKAGES/ TOKENS SALE TERMS AND CONDITIONS

THE FOLLOWING TERMS AND CONDITIONS, TOGETHER WITH ANY OTHER TERMS INCORPORATED BY REFERENCE (THE “TERMS”) GOVERN YOUR (“YOU” OR THE “PURCHASER”) PURCHASE OF CRYPTOGRAPHIC TOKEN PACKAGES FROM BITHERCASH SERVICES, A PRIVATE LIMITED COMPANY REGISTERED IN ESTONIA (THE “COMPANY”). PURCHASER AND COMPANY MAY BE REFERRED AS PARTY OR PARTIES IN BELOW.

PLEASE READ THE TERMS CAREFULLY BEFORE USING THE SERVICES DESCRIBED BY THE COMPANY OR MAKING OFFERS TO PURCHASE CRYPTOGRAPHIC PACKAGES. BY USING THE WEBSITE OF THE COMPANY, MAKING OFFERS TO PURCHASE TOKENS, YOU ACKNOWLEDGE THAT YOU HAVE READ THESE TERMS AND YOU AGREE TO BE BOUND BY THEM. IF YOU DO NOT AGREE TO THESE TERMS, DO NOT PURCHASE OR MAKE OFFERS TO PURCHASE TOKENS FROM THE COMPANY. IF YOU HAVE ANY QUESTIONS REGARDING THESE TERMS, PLEASE CONTACT THE COMPANY AT [email protected].

By purchasing packages/ tokens, and to the extent permitted by law, you are agreeing not to hold any of the company and its respective past, present and future employees, officers, directors, contractors, consultants, advisors, equity holders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (the “BitherCash team”) liable for any losses or any special, incidental, or consequential damages arising from, or in any way connected, to the sale of tokens, including losses associated with the terms set forth herein:

Cryptocurrency is a very high risk industry and you may lose all your investment due to its unpredictable nature. Do not purchase packages/ tokens if you are not an expert in dealing with cryptographic tokens and blockchain-based systems. Prior to purchasing tokens, you should carefully consider the terms below and consult an appropriate technical expert, lawyer, accountant, or tax professional.

Purchases of packages/ tokens should be undertaken only by individuals, entities, or companies that have significant experience with, and understanding of, the usage and intricacies of cryptographic tokens, including blockchain based systems.

Purchasers should have an expertise and experience with storage and transmission mechanisms of cryptographic tokens. The company will not be responsible in any way for loss of cryptocurrency or any other funds resulting from actions taken or omitted by purchasers. If you do not have relevant experience or expertise, then you should not purchase tokens. Your participation is deemed as your acknowledgment that you satisfy the requirements mentioned in this paragraph.

The company reserves the right to change, modify, add or remove the portions of these terms at any time for any reason. Although we aim at informing known users of such changes, this may not be possible. Thus it remains as your obligation to review these terms periodically. Any changes shall be effective immediately upon posting at our website.

Bithercash and their associates, affiliates and officers are deemed free from any encumbrances, consequences and any liabilities of legal and financial nature inflicted by virtue of the sale of packages. Bithercash shall not be responsible for any losses or consequential effects inflicted upon members of the BitherCash due to fluctuation of prices and any change whatsoever.

Purchasers of BitherCash packages agree to purchase, trade, transact and sell BICAS token (BICAS) at their own risk. Bithercash recommends its members to acquire adequate knowledge and consider to consult with experts before making any decision regarding purchase, trade, transaction and sale of BICAS token.

Purchaser agrees to buy, and company agrees to sell packages/ tokens in accordance with the following terms:

General

BICAS can be held and used at the sole discretion of the holder to the extent this does not contradict these terms. The company aspires to achieve the milestones described in the white paper. The company makes no representations nor warrants that such milestones are achievable or will be achieved. If the company achieves all or part of the aspirations described in white paper, BICAS may become useable for additional purposes, e.g. as a payment instrument to pay for global discounts and/or trading and/or for services / products offered by third parties if connected to the BitherCash vision, both assuming that the company has obtained the required licenses to issue or accept payment instruments in the token holder’s jurisdiction.

The company is not an investment advisor, and does not give investment advice to you. BICAS is not a fractional equity instrument.

Conditions of BICAS Sale

You may not make an offer or acquire BICAS if you are a citizen, resident (tax or otherwise) or green card holder of the United States of America, people’s republic of China, the republic of Singapore or any other country whose legislation limits or forbids the offering, sale, acquisition of and/or other transactions in crypto assets, or the envisioned activities of company.

When you purchase, or otherwise receive, a BICAS token, you may only do so by accepting the following conditions and, by doing so, you warrant and represent that the following are a true and accurate reflection of the basis on which you are acquiring the tokens:

• Neither the company nor any of the BICAS team has provided you with any advice regarding whether BICAS is a suitable investment for you;
• You have sufficient understanding of the functionality, usage, storage, transmission mechanisms and intricacies associated with cryptographic tokens, such as Bitcoin and ether, as well as blockchain-based software systems generally;
• You are legally permitted to receive and hold and make use of crypto assets in your and any other relevant jurisdiction;
• You will supply us with all information, documentation or copy documentation that we require in order to allow us to accept your purchase of BICAS and allocate BICAS to you;
• You have not supplied us with information relating to your acquisition of BICAS or otherwise which is inaccurate or misleading;
• You will provide us with any additional information which may be reasonably required in order that we can fulfil our legal, regulatory and contractual obligations, including but not limited to any anti-money laundering obligation;
• You will notify us promptly of any change to the information supplied by you to us;
• You will comply with our KYC policy as made available on the website and as amended from time to time at our discretion;
• You are of a sufficient age to legally obtain BICAS, and you are not aware of any other legal reason to prevent you from obtaining BICAS;
• You take sole responsibility for any restrictions and risks associated with receiving and holding BICAS, including but not limited to mention here;
• By acquiring BICAS, you are not making a regulated investment, as this term may be interpreted by the regulator in your jurisdiction;
• You are not obtaining or using BICAS for any illegal purpose, and will not use BICAS for any illegal purpose;
• You waive any right you may have / obtain to participate in a class action lawsuit or a class wide arbitration against any entity or individual involved with the sale of BICAS;
• Your acquisition of BICAS does not involve purchase or receipt of shares, ownership or any equivalent in any existing or future public or private company, corporation or other entity in any jurisdiction;
• To the extent permitted by law and provided we act in good faith, the company makes no warranty whatsoever, either expressed or implied, regarding the future success of the company and/or achieving any of the aspirations set forth in the white paper;
• You accept that BICAS is created and you obtain BICAS on an “as is” basis. Therefore, provided the company acts in good faith, you accept that the company is providing BICAS without being able to provide any warranties in relation to BICAS, including, but not limited to, title, merchantability or fitness for a particular purpose;
• You accept that you bear sole responsibility for:
  • The acquisition, the allocation, use or ownership of BICAS
  • The potential appreciation or depreciation in the value of BICAS over time, if any,
  • The sale and purchase of BICAS, and/or
  • Any other action or transaction related to BICAS has tax implications. You are solely responsible for performing any and all obligations related to relevant tax implications, including, among other, declaring and paying applicable taxes.

Price of Packages/ BICAS

• Packages/ BICAS will be allocated at the prevailing market rate equivalent to us dollar. The value of payments and the amount of BICAS to be allocated will be calculated based on prevailing market rates applicable at the time the payment has been confirmed by the network (in case the payment is made by transferring a cryptocurrency) or at the time the payment is credited to the company’s corporate account (in case the payment is made in euros). The company is not liable for any changes in the exchange rate and the purchaser accepts that the changes may decrease the number of BICAS to be allocated. The company shall determine at its sole discretion which cryptocurrencies are acceptable for acquiring BICAS.
• Every purchaser is issued a unique referral link upon ordering a package whereas the purchaser is allowed to share the referral link and recipients of the referral code may use it in the course of purchasing BICAS. Purchaser whose unique referral link is used in the course of purchasing is entitled to bonus as per compensation plan of the company.
• The purchaser can acquire packages via the website according to the procedure thereunder. In order to complete the purchase of BICAS, the purchaser must comply with the company’s KYC procedures as required by the company.
• In order to purchase packages/ BICAS, the purchaser:
  • Creates a member account on the website WWW.BITHERCASH.COM
  • Makes the payment for acquiring package/ BICAS according to the instructions on the website. In case of non-compliance with the instructions and the terms, the company may either (a) return the payment to the purchaser in the currency of the original payment after deducting relevant costs and charges the company has incurred in connection with processing such payment, or (b) require additional information from the purchaser.
  • Making a payment for acquiring package/ BICAS is considered an irrevocable, unconditional and binding purchase order for acquiring package/ BICAS for the purchaser.
  • The purchaser is entitled to allocation of the BICAS subject to compliance with the company’s know your customer policy. The company may require additional information from the purchaser for know your customer policy purposes. Non-compliance with the said policy results in consequences stipulated in the same policy.
  • BICAS is listed on crypto exchanges.

GENERAL

The Independent Marketing Associate ("IMA") Agreement, the Global Compensation Plan and the Purchase Terms and Conditions (forming inseparable part of one document and entire agreement between the Company and its IMAs) explains and governs the relationship between each IMA and BITHERCASH SERVICES, ESTONIA (referred to hereafter as the "COMPANY"). Each IMA is required to read, understand, and comply with all terms and conditions of the Agreement. The Agreement shall constitute the entire understanding of the parties. All parts of this Agreement shall apply to the Registered IMA. By submitting the IMA Application/Agreement you hereby agree to all of the terms and conditions herein and by reference all legal terms and conditions.

The Agreement is subject to revision by the Company from time to time at its sole discretion. The Agreement governs all aspects of the relationships between the Company and its IMAs and is available on the BITHERCASH NETWORK website.

Becoming an IMA

To become an IMA, a new applicant is required to read and agree to the terms of the Agreement and Terms and Conditions of the Company. The application should be accurately completed in its entirety and the applicant(s), including all partners, shareholders and equity owners, must agree to the relevant General Terms and Conditions of the Company and the present IMA Agreement personally. Electronically submitted applications are considered as a received document. The Company reserves the right to reject any application at its sole discretion.

PLEASE NOTE: applications will not be accepted from any country whose applications would violate any of the applicable and relevant national, international or EU treaty, directive and/or regulations that may comply. IMAs may only market BITHERCASH NETWORK system and services or recruit new IMAs in those countries officially authorized by the Company.

Upon notification of acceptance by the Company, the new IMA will be entered into the Company database. If there are any errors on an application, IMAs should verify with the Company Support Department as soon as the error is discovered (within 24 hours) to avoid delays in any rights under the IMA Agreement.

Eligibility requirements to become an IMA are as follows:

• Legal Age. Any individual who is of legal age (18 years) and residing in a country where the Company is doing business is eligible to become an IMA.
• ID Number. An Identification Number is to be inserted on the application. This number should be either the Individual’s Social Security Number, a Tax Identification Number, if applying as a business, or a government I.D., such as a passport number. Incorrect Tax I.D. Numbers or other essential information and/or supporting documentation can result in a EUR100 fine and/or termination.
• Legal Entity. If an Applicant is a corporation, partnership or other legal entity, all shareholder(s) of the corporate applicant, all partner(s) of the partnership or all owners of the legal entity applicant must agree to the application, a list of the names of each shareholder of the corporate Applicant, each partner of the partnership Applicant, or each owner if another legal entity must accompany the Application. All legal documentation should be submitted with the application, including but not limited to, articles of incorporation or organization, partnership agreements, regulations, charters, licenses, shareholder agreements, partnership agreements, and other pertinent legal information. The application can be rejected without such documentation.
• Change of your enrolling IMA. IMAs wishing to change their registering IMA can do so only by resigning and then waiting one (1) year before reregistering with a different IMA.
• Independent Contractors. IMAs are independent contractors. They are not franchisees, joint ventures, partners, employees or agents of the Company, and are prohibited from stating or implying whether orally or in writing, otherwise. IMAs have no authority to bind the Company to any obligation. The Company is not responsible for payment or co-payment of any employee benefits. IMAs are responsible for liability, health, disability, workmen’s compensation and other insurance and for any other registration required by the laws of the country of residence of the IMA. IMAs set their own hours and determine how to conduct their BITHERCASH NETWORK business and are responsible for their own management decisions subject to the IMA Agreement. The reference to "position" is as it applies to IMAs participation in the Global Compensation Plan and adherence to the IMA Agreement.

Changes in IMA Status

• Death. Upon the death of an IMA, the rights and responsibilities of the IMA are passed on to the rightful heir(s) as determined by a court of competent jurisdiction. The heir(s) must also confirm in writing within 6 months of the previous IMA’s death that he or she shall be bound by the terms and conditions of the IMA Agreement.
• Divorce. Upon divorce, The Company must be notified as to which former spouse will assume ownership of the IMA position as determined by a court of competent jurisdiction. A change in the ownership of the IMA position will not take place until the Company receives a copy of the divorce documentation. Should the party who does not assume ownership of the IMA position desire to remain an IMA; he/she may do so by submitting a new IMA Application at the time the divorce documentation is submitted to the Company. He/she shall then be entered as a new IMA in accordance with the enrolment policy of the Company.
• Marriage. If two (2) existing IMAs marry, they may maintain their separate IMA positions.
• Dissolution of Corporate or Partnership IMA position. Upon the dissolution of a corporation or termination of a partnership, which owns the IMA position, the ownership of the IMA position will be transferred pursuant to the IMA Agreement among the shareholders or partners or upon order of a court of competent jurisdiction upon written notification to the Company. If one or more of the partners or shareholders in an IMA position terminates his/her on-going relationship with the Company by leaving the partnership or disposing of his/her share of equity holdings, such parties, including the departing party, shall continue to be bound by the terms of the IMA Agreement. If a dispute arises over the disposition of the partnership interest, or assets, or share holdings or corporate assets, or the income from the IMA position, the Company may suspend the IMA position and hold all commissions until the dispute over the disposition is resolved by agreement between the parties or by an order from a court of competent jurisdiction.
• Sale of an IMA position or any rights, direct or indirect, relating to an IMA position may not be transferred by the IMA without prior written approval from the Company, in its sole and absolute discretion. No sale will be approved unless it includes a covenant by the seller not to solicit his/her prior Group of IMAs for at least six (6) months after the effective date of the sale. An IMA position or any right thereto which is under suspension, on probation, or subject to any disciplinary action or any investigation by or on behalf of the Company, may not be sold or otherwise transferred while such condition continues. The Purchase and Sale Agreement must include a provision in which the parties agree upon the ownership of the inventory of the IMA position upon the sale. The Company shall not grant a refund on inventory from a person who sold his/her interest in an IMA position The seller may not reapply or purchase another IMA position for a period of twelve (12) months, either as an individual, partnership or corporation or other legal entity. The purchaser of an IMA position shall be responsible for all acts or omissions of the seller in contravention of the IMA Agreement for a period of six (6) months after the date of Company's approval of the sale or transfer. For purposes of this provision, the seller will be required to continue to comply with all post-termination obligations of the IMA Agreement.
• Mergers; Addition of Co-IMAs, Partners, Shareholders and/or Owners. Mergers will be permitted only between enroller and its first level. The Company reserves the right in its sole and absolute discretion to approve or disapprove any proposed merger or admission of Co-IMAs, partners, shareholders or other owners. The admission of a Co-IMA, partner, shareholder or other owner must create a bona fide business relationship and must not involve the addition of inactive persons or of entities or other persons or entities which "pass through" income to others.
• Withdrawal or Removal of Co-IMAs, Partners and/or Owners. If a Co-IMA, Partner or Owner is removed or withdrawn from the IMA position, the remaining IMA position shall be responsible for all acts or omissions in contravention of the IMA Agreement, of those who have left the IMA position, for a period of six (6) months after the date of the departure of the Co-IMA, Partner, or Owner for purposes of this provision, the seller will be required to continue to comply with all terms post-termination obligations of the IMA Agreement. Co-Ownership over IMA positions – in case of co-ownership over certain position the COMPANY will reflect this in its files. All relations between co-owners, including future activity of the IMAs – co-owners are exclusive responsibility of the IMAs. The Company is not responsible and cannot be held liable for any unsettled legal and financial relations and/or obligations between the co-owners.
• Name Change. An IMA may change the operating name of the IMA position by forwarding written notification to the Company. The Company reserves the right to request the Articles of Incorporation of a corporation or Partnership Agreement of a partnership, or any amendments pertaining thereto, as well as any other relevant documents or corporate or partnership documentation relating to ownership or control.
• Changing the registering/enrolling IMA. Except as set forth in Section 2 D, changing your enrolling IMA is not allowed. The IMA commission opportunity is a business built upon sales of products for consumption and upon the creation of relationships. Once a new IMA is referred or enrolled, the Company will protect this relationship to the fullest extent possible.
• Suspension of Commission Payments. If there is any question over the disposition of the IMA position or the income from the IMA position (whether by reason of an event described in A through J or otherwise), the Company may suspend the IMA and hold all commissions and bonuses until the dispute over the disposition is resolved by agreement between the parties or by an order from a court of competent jurisdiction.

Taxes and Governmental Reports

• Taxes. All IMAs are personally responsible for all taxes due on any earnings from the Company or on sales proceeds or earnings from selling BITHERCASH NETWORK’S products. The Company will provide a record of any and all moneys paid by the Company to each IMA and will issue and file such reports to governmental agencies or others as may be required by law. IMAs will not be treated as an employee of the Company for any income tax purposes. To safeguard that no tax evasion can occur, the IMA must give the Company personal identification information in their country of residence to which the Company can make payments through a designated payment facilitator of any amount due by the Company to the IMA.
• Sales Tax. The Company has its’ home office and will not be collecting sales tax at the time of purchase from any residents outside of the areas its location requires it to. No sales tax or VAT is foreseen on sales outside of the Company’s primary location. If such tax would be levied, the IMA will immediately inform the Company, which will take appropriate action, including remitting, if needed the sales tax/VAT to the appropriate authority.

POLICY IMA Training Packages Referrer

• Every new IMA has a Referring IMA. Each new prospect has the right to choose who he/she buys his/her Training and Rewards Package from. An IMA shall not unduly influence or in any way entice prospects with representations as to possible income or business development, or payment of any compensation by an IMA or the Company.
• Dispute. The Company recognizes the Referring IMA as the IMA shown on the first entered original IMA Application completed, dated, and electronically entered into Company’s database.
• Training. IMAs who enroll other IMAs and sell Training Packages must thereafter use their best efforts to provide an on-going basis, bona fide supervision and training of these IMAs and their sales group. This should include ongoing contact, communication, encouragement and support of his/her sales organization. IMA’s should encourage their IMA sales groups to complete the Company’s Training Packages that they purchase.

Placement Policy

An IMA is solely responsible for allocating the placement priority of new IMA that they enroll in their sales organizations structure. The IMA management tool is available in each IMAs online back-office. It is critical that the placement of a new IMA is correct at the time of the sale/enrollment.
THE ORDER/PLACEMENT IN WHICH YOU RECORD THE IMA’s YOU SELL/ENROLL IS FINAL. IT WILL NOT BE CHANGED.

Global Compensation Plan and Terms

See BITHERCASH NETWORK web site "Global Compensation Plan" and future additions. The IMA acknowledges and agrees that the Company reserves the unequivocal right to change or modify the Company’s General Terms and Conditions, the present IMA Agreement and Global Compensation Plan. The Company will notify the IMA about any changes to the Compensation Plan within a reasonable time.

Limited License

The Company has certain trademarks, service marks, trade names, slogans, symbols, and color schemes that are proprietary. Except for marketing materials, sample products, and advertising provided or sold to the IMAs by the Company, the IMA shall not use or display such trademarks, service marks, trade names, slogans, symbols, and color schemes without Company’s prior written permission. IMA acknowledges that any right to use Company’s trademarks and copyrighted materials is non-exclusive, and the Company has the right and sole discretion to grant others the right to use such trademarks and materials. IMA expressly recognizes that any and all good will affiliated with the trademarks and copyrighted materials (including goodwill arising from IMAs use) inures directly and exclusively to the benefit of the Company and is the property of the Company, and that, on expiration or termination of this IMA Agreement, no monetary amount shall be attributable to any goodwill affiliated with IMAs use of the trademarks or copyrighted materials.

Advertising

• Trademarks/Service Marks. IMAs shall not advertise BITHERCASH NETWORK product or business opportunity in any way other than by use of authorized advertising or promotional materials made available to the IMA by the Company.
• IMAs are prohibited from using Company’s trademarks, service marks, trade names, slogans, symbols, and color schemes in advertising in a manner that would suggest or imply that they are employed by or are agents of the Company. All advertisements must provide the name of an IMA only. IMAs shall not make any representations as to potential income to be received by a prospective IMA.
• No Reproduction. All BITHERCASH NETWORK materials, whether printed, on film or produced by audio or video recording are copyrighted and may not be reproduced in whole or in part by IMAs or any other person unless authorized in writing by the Company.
• No Distribution. IMAs may not produce, use or distribute any information relative to the contents, characteristics, or properties of BITHERCASH NETWORK products which has not been provided directly by the Company. This includes but is not limited to print, audio or online media.
• Deceptive Materials. IMAs may not produce, sell or distribute literature, films, audio recordings or video recordings which are deceptively similar in nature to those produced, published, and provided by the Company for its IMAs. An IMA may not purchase, sell, or distribute non-BITHERCASH NETWORK materials that imply or suggest that said materials originate from the Company.
• Approved Vendors. Any and all support materials, e.g. promotional and premium items are to be sold and/or distributed only by the Company or Company’s approved vendors.
• Telephone Use. IMAs may not answer the telephone and/or use any telephonic message device in a way that would represent or imply that they are employed by or are agents of the COMPANY.
• Listing of Name. IMAs may be listed in telephone directories white or yellow pages as follows: "Smith, Jane and John, Independent Marketing Associate Address and/or Telephone Number"
• Numbers. An IMA may list any contact number under the name of his/her IMA position , as an IMA, and must not represent that he/she is employed by, or is an agent of the Company.
• Further Restrictions. The Company prohibits the use of its trademarks, service marks, trade names, slogans or symbols or any of its product trade names or any copyrighted materials through telephonic devices, including computer networks, facsimile machines or other automatic calling devices for the purpose of soliciting potential IMAs or customers.
• Media Opportunities. Media opportunities are not individual sales opportunities. All media opportunities must be referred to Company’s relevant department. IMAs must not have any contact with the media unless prior written authorization from the Company is received.
• Donations. IMAs are permitted to make personal donations of product or funds to an organization or program provided they do not represent the donation as being from the Company.
• Media Coverage. Donations may not be made for the purpose of soliciting media coverage. If the media solicits coverage of an event, Company’s relevant department must be notified immediately to review the media opportunity.
• Business Cards. An IMA may order business cards in compliance with the requirements of the General Terms and Conditions and the relevant copyright legislation. Use of the Company’s/BITHERCASH NETWORK trademarks is permitted only after explicit written consent has been granted from the Company. Any non-authorized use of the Company’s trademarks presents a violation of the General Terms and Conditions and relevant sanctions will be imposed. If a IMAs relationship with the BITHERCASH NETWORK is terminated, he/she must immediately cease using and destroy all business cards utilizing Company’s trademarks, trade names, services marks, logos or color schemes.
• Repackaging. IMA may not re-label, repackage, or modify BITHERCASH NETWORK’s packaged or virtual training materials in any way.
• No Endorsements. No endorsements by a Company officer or administrator or third parties may be asserted, except as expressly communicated in Company’s literature and communications. IMAs may not represent or imply, directly or indirectly, that the BITHERCASH NETOWRK system, programs, products or services have been approved or endorsed by any governmental agency.
• Internet Policy. IMAs may not advertise or promote their IMA business or Company’s business, products or Global Compensation Plan or use Company’s name in any electronic media or transmission, including on the Internet via web sites or otherwise, without the prior written approval of the Company, whose approval may be withheld at its sole discretion. If written approval is given, IMAs must abide by the guidelines set forth by the Company, including but not limited to the following:
  • IMAs shall not make offers or solicitations in the guise of research, surveys or informal communication, when the real intent is to sell products or services or sponsor IMAs;
  • IMAs operating on-line websites, whether or not they collect personal information from individual members, shall disclose to the member in a prominent place on the website how the member information will be used and must follow any laws regulating the handling of personal data;
  • IMAs sharing personal information collected on-line should provide individual members with an opportunity to prohibit the dissemination of such information, and if any member requests that his or her personal information not be shared, IMAs shall refrain from sharing such information;
  • IMAs shall provide individual members the option to terminate any further communication between the IMAs and the member and if any member requests that an IMA cease communication, the IMA should immediately stop communicating upon such request;
  • IMAs must abide by all laws and regulations regarding electronic communications, including but limited to any provision requiring prior consent for unsolicited contacts via electronic media;
  • IMAs may not distribute content by use of distribution lists or to any person who has not given specific permission to be included in such a process; spamming or distribution of chain letters or junk mail is not allowed;
  • IMAs may not distribute content that is unlawful, harassing, libelous, slanderous, abusive, threatening, harmful, vulgar, obscene, or otherwise objectionable material or which could otherwise give rise to civil liability or otherwise violate any applicable local, state, national or international law or regulation; and
  • IMAs may not send bulk unsolicited e-mails to persons who have not requested information. Spam is strictly prohibited
• Sales Presentations. At sales presentations, IMAs shall truthfully identify themselves, their products, and the purpose of their business to prospective customers. IMAs may not use any misleading, deceptive, or unfair sales practices. Explanation and demonstration of products offered shall be accurate and complete including, but not limited to, with regard to price, terms of payment, right of withdrawal, refund rights, guarantees, and after-sales services and delivery. Personal or telephone contacts shall be made in a reasonable manner and during reasonable hours to avoid intrusiveness. IMAs must immediately discontinue a demonstration or sales presentation upon the request of the member. IMAs shall not directly or by implication, denigrate any other company or product. IMA shall refrain from using comparisons which are likely to mislead and which are incompatible to the principles of fair competition. Points of comparison shall not be unfairly selected and shall be based on facts which can be substantiated. IMA shall not abuse the trust of individual members, shall respect the lack of commercial experience of members and shall not exploit a customer’s age, illness, lack of understanding or lack of language expertise. IMA's may not systematically entice or solicit direct sellers from other direct selling organizations.

Delays

The Company shall not be responsible for delays and failures in performance of its obligations when performance is made commercially impracticable due to circumstances beyond its reasonable control. This includes, without limitation, strikes, labor difficulties, riots, wars, fires, death, curtailment of a party’s source of supply, or government decrees.

Renewal

The term of the IMA Agreement is for an indefinite period and may be terminated by both parties at any time, even within the contractual period, with one month’s notice prior to the end of the next calendar month.

Conflicts of Interest

Conflict of Interest. IMA’s are free to participate in other multilevel or network marketing business ventures to the extent that such are not competitors of the Company. If IMAs are simultaneously active for several companies or network marketing companies, they agree to organize their business activities (along with their respective downlines) in such a way as to avoid any connection or mixing of their activities for these other companies with their activities for BITHERCASH NETWORK. In particular:

• IMAs may not offer products other than BITHERCASH NETWORK’s products and services at the same time, in the same place or in the immediate vicinity or on the same website, Facebook page or other social media/online platform.
• IMAs are also prohibited from recruiting other BITHERCASH NETWORK IMAs for the sale of other company’s produc
• IMAs are also prohibited from violating - by entering into another contract – the rights of other IMAs or other sales contracts concluded with further companies and the clauses of which are still valid.

Confidentiality

During the term of the IMA Agreement, the Company may supply to IMAs confidential information, including, but not limited to customer lists, customer information developed by the Company or developed for and on behalf of the Company by IMAs, (including, but not limited to, customer and IMA profiles and product purchase information), IMA lists, manufacturer and supplier information, business reports, commission or sales reports and such other financial and business information which the Company may designate as confidential. All such information (whether in written or electronic form) is proprietary and confidential to the BITHERCASH NETWORK and the Company and is transmitted to IMAs in strictest confidence on a "need to know" basis for use solely in IMAs business with BITHERCASH NETWORK. IMAs must keep such information confidential and must not disclose any such information to any third party, directly, or indirectly. IMAs must not use the information to compete with the Company or for any purpose other than promoting BITHERCASH NETWORK’s program and its products and services. Upon expiration, non-renewal or termination of the IMA Agreement, IMAs must continue to keep such information confidential, discontinue the use of such confidential information and promptly return any confidential information in their possession and all copies thereof to the Company.

Prohibited Usage

The excessive usage violation of the BITHERCASH NETWORK website through traffic bots or list spamming is strictly prohibited. Violations of this policy can result in suspension or termination of the violating IMA.

Contact us

For more information, contact us at [email protected]

Errors or Questions

If an IMA has questions about or believes any errors have been made regarding commissions, bonuses, sales group activity reports, or charges, the IMA must notify the Company within five (5) working days of the date of the unreported error or incident in question. The Company will not be responsible for any errors, omissions or problems not reported to it within five working (5) days. The Company reserves the right to withhold any bonuses or other payments which it have to be paid and/or has been accrued by mistake due to technical malfunctions or other operational errors.

Continuing Development Obligations

Any IMA who wishes to participate in BITHERCASH NETWORK and benefit from the Global Compensation Plan must perform a bona fide supervisory function to ensure that his or her sales group is properly operating his or her business. IMAs must have ongoing contact, communication and management supervision with the IMAs in their sales group. Examples of such contact and supervision may include, but not limited to: newsletters, written correspondence, personal meetings, telephone contact, voice mail and electronic mail and these contacts must not violate any part of the present IMA Agreement.

Non Disparagement

IMAs must not disparage other BITHERCASH NETWORKIMAs, Company’s products/services, the Global Compensation Plan, or Company’s employees.

Objectiobable Activity or Conduct

IMAs may not distribute material, have written correspondence, telephone contact, voice mail and/or electronic mail that is or contains unlawful, harassing, libelous, slanderous, abusive, threatening, harmful, vulgar, obscene, or otherwise objectionable material regarding the Company, its employees, partners or any other third party or which could otherwise give rise to civil liability or otherwise violate any applicable local, state, national or international law or regulation. In these cases the Company may cease any communication with the IMA and undertake further legal actions if relevant.

Reporting Policy Violations

IMAs observing a policy or agreement violation by another IMA should submit a written report of the violation directly to the attention of Company’s Legal Department/Compliance Department. Details of the incidents such as dates, number of occurrences, persons involved, and any supporting documentation should be included in the report.

Dispute Resolution and Disciplinary Proceedings

• Disciplinary Sanctions. Violation of the present IMA Agreement, fraudulent, deceptive or unethical business conduct by any IMA may result, at Company’s discretion, in one or more of the following corrective measures:
  • Issuance of a written warning or admonition;
  • Requiring the IMA to take immediate corrective measures;
  • Imposition of a fine, which may be withheld from the account;
  • Loss of rights to one or more bonus payments;
  • Any other measure, which the Company deems practicable to implement to equitably resolve injuries caused partially or exclusively by the IMAs policy violation or contractual breach.
  • Suspension of the individual’s IMA position for one or more pay periods;
  • Involuntary cancellation of the offending IMA position;
  • Immediate removal of the IMA web site(s) and termination of the IMAs position;
  • Any other measures expressly allowed within any provision of the General Terms and Conditions, the present IMA Agreement or allowed by law;
• The IMA is only entitled to a commission if he or she is not in violation of the Terms and Conditions and the present IMA Agreement.
• Reconsideration. In the event an IMA is suspended/ terminated and desires for his or her suspension/termination to be reconsidered, the Company must receive the request for reconsideration in writing within 15 days from the date of notice of suspension/ termination. If no request for reconsideration is received within the 15 day period, the termination will automatically be deemed final. If an IMA files a timely notice of request for reconsideration, the Company will review the request for reconsideration and notify the IMA of its decision within 10 days after receipt of the request for reconsideration. The decision of the COMPANY will be final and subject to no further review. In the event the suspension/ termination is not rescinded, the suspension/ termination will remain effective as of the date stated in the original termination notice.
• Grievances and Complaints. When an IMA has a grievance or complaint with another IMA regarding any practice or conduct in relationship to their respective BITHERCASH NETWORK businesses, the complaining IMA should first report problem to their registering IMA who should review the matter. If the matter cannot be resolved it must be reported in writing to the Support Department at the Company. The Company will review the facts and resolve it.

Notices

All notices to be given pursuant to the present IMA Agreement shall be deemed to have been properly given by depositing the notice in the mail, addressed to the subject IMA the last address on file with the Company, postpaid and registered or certified; or delivery by hand or by a recognized overnight delivery service; or by facsimile transmission; or by email. All notices shall be deemed given; ten (10) business days from the date of postmark, if sent by mail; seven (7) days after notice is deposited with a delivery service; or same day if delivered by hand or upon transmission by facsimile or by email.

Non-Wavier Provision

Failure of the Company to exercise any right stated in the present IMA Agreement shall not constitute a waiver of Company’s right to demand exact compliance therewith. Waiver by the Company of any breach of any provision of the present IMA Agreements shall not constitute a waiver of any prior, concurrent, or subsequent breach by the IMA. An authorized officer of the Company must issue the Waiver in writing.

Severability

If under any applicable and binding law or rule of any applicable jurisdiction, any provision of the present IMA Agreement is held to be invalid or enforceable, the Company shall have the right to modify the invalid or unenforceable provision or any portion thereof, to the extent required to be valid and enforceable, and the IMA shall be bound by any such modification. The modification will be effective only in the jurisdiction in which it is required.

Limitation of Damages

TO THE EXTENT PERMITTED BY LAW, THE COMPANY AND ITS IMAs, OFFICERS, DIRECTORS, EMPLOYEES AND OTHER REPRESENTATIVES SHALL NOT BE LIABLE FOR, AND IMAs HEREBY RELEASE THE FOREGOING FROM, AND WAIVE ANY CLAIM FOR LOSS OF PROFIT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR EXEMPLARY DAMAGES WHICH MAY ARISE OUT OF ANY CLAIM WHATSOEVER RELATING TO COMPANY’S PERFORMANCE, NON-PERFORMANCE, ACT OR OMISSION WITH RESPECT TO THE BUSINESS RELATIONSHIP OR OTHER MATTERS BETWEEN ANY IMA AND THE COMPANY, WHETHER SOUNDING IN CONTRACT, TORT OR STRICT LIABILITY. FURTHERMORE, IT IS AGREED THAT ANY DAMAGES TO AN IMA SHALL NOT EXCEED, AND IS HEREBY EXPRESSELY LIMITED TO THE AMOUNT OF UNSOLD COMPANY’S PROGRAMS, SERVICES AND/OR PRODUCTS OWNED BY THE IMA AND ANY COMMISSIONS OWNED BY THE IMA.

No Warranties

THE COMPANY HEREBY DISCLAIMS ALL WARRANTIES. THE COMPANY MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY, RELIABILITY, AVAILABILITY, TIMELINESS, AND ACCURACY OF THE SITE, THE SERVICE OR THE CONTENT CONTAINED ON THE SITE FOR ANY PURPOSE. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE SITE AND ALL SUCH CONTENT, SERVICES AND PRODUCTS ARE PROVIDED "AS IS," "WITH ALL FAULTS," AND "AS AVAILABLE." WE DISCLAIM ALL WARRANTIES, EXPRESS AND IMPLIED, ARISING OUT OF, OR IN CONNECTION WITH, THE SITE, SERVICE AND CONTENT, INCLUDING, BUT NOT LIMITED TO THE WARRANTIES OF NON-INFRINGEMENT, MERCHANTABILITY, AND FITNESS FOR A PARTICULAR PURPOSE AND THOSE ARISING BY LAW, STATUTE, USAGE OF TRADE OR COURSE OF DEALING AND ANY LIABILITY WITH REGARD TO THE SITE, CONTENT AND SERVICES AND ANY ACTIONS RESULTING FROM IMA PARTICIPATION IN ANY SERVICE.

IMA’S USE OF THE SITE, SERVICE AND CONTENT IS AT HIS/HER SOLE RISK. ALTHOUGH OUR CONTENT MAY BE UPDATED FROM TIME TO TIME, IT MAY BE OUT OF DATE AND/OR MAY CONTAIN INACCURACIES OR TYPOGRAPHICAL ERRORS. WE ARE NOT RESPONSIBLE FOR THE IMA’S INABILITY OR FAILURE (FOR ANY REASON) TO ACCESS THE SITE OR CONTENT OR OTHERWISE USE OR RECEIVE INFORMATION OR SERVICE FROM OR REGARDING THE SITE, CONTENT, OR IMA’S PURCHASES FROM THE COMPANY. THE COMPANY DOES NOT WARRANT THAT THE SITE OR SERVICE WILL BE COMPATIBLE WITH ANY HARDWARE OR SOFTWARE SYSTEMS OR THAT THE SITE OR SERVICE WILL BE UNINTERRUPTED OR ERROR FREE. IMA ASSUMES THE RISK OF ANY AND ALL DAMAGE OR LOSS FROM USE OF, OR INABILITY TO USE, THE SITE OR SERVICE.

Income Disclosure

THE INCOME DISCLOSURE POSTED ON BITHERCASH NETWORK WEBSITE IS INCORPORATED HEREIN BY REFERENCE AND IMAs HEREBY REPRESENT THAT THEY HAVE READ AND UNDERSTAND IT.

Privacy Policy

BitherCash.com (hereinafter also referred as ‘Company’ or ‘We’) confers the highest regard to the privacy and safety of the individuals and their financial statements/information/details. This privacy policy is premeditated towards the compilation, processing, utilization, and storage of your private information. The company may make changes from time to time. Your persistent and continual usage of this website will imply that you agree and accept the modifications.

Protection of Information

BitherCash.com critically evaluates and ensures the protection of the user information with the diverse effective data encryption technology. The company utilizes and implements mandatory precautions, safety practices and measures, which assist in safeguarding the privacy and confidentiality of your information The company will protect the private information using equitable and substantial, technical and managerial safety measures. This can also include restrictive access to your details to employees, premier encryption methods, and limiting the physical access. The company employs excessive concern against phishing and aligned activities. However, if in any instance, you receive any business emails with the name of bithercash.org including suspicious details, you should directly contact the company’s customer support and authenticate the credibility of the e-mail.

Disclosure of personal information

BitherCash.com may not disclose, share or sell any information to the third parties for the marketing or endorsement purposes. The company may use accumulated personal information for the company’s business purposes, which may include processing of transactions, replying to the court orders, and lawful investigations. The company believes in adhering sole discretion in sharing your private information to avoid any kind of tangible harm or monetary loss/ to detail, any suspected unlawful activity/ to scrutinize any breach of other policies.

Consent

By using our website and/or by providing your information, You consent to the collection and use of the information you disclose, is in accordance with this Privacy Policy.