Terms of Participation in Ambassador Program

This terms of participation in the Ambassador Program (as defined below) constitute a legally binding agreement (the “Agreement”) between you and us.  This Agreement shall be a supplement to the Terms of Service located at https://ptpwallet.com/terms/ (“Terms of Use”) to which you hereby agree to be subject.  Any term not otherwise defined herein shall have the same meaning ascribed to it in the Terms of Use.

This Agreement governs your participation in the ambassador program of PTPWallet (“Ambassador Program”), pursuant to which you have been selected by PTPWallet to be able to refer your family and friends, businesses to PTPWallet in exchange for forty percent crypto commission for the first 30 days upon activation of the Referral Code by your referral, from the transaction fees – automatically allocated to you when your referral does a transaction – and then 10% the following 30 days for every Gem purchased/provided to you on PTPWallet, when taking part in the ambassador program found on PTPWallet (in either case, the “PTPWallet Commission”), subject to and in accordance with the terms and conditions of the Ambassador Program as determined by PTPWallet from time to time.  In order to be able to participate in the Ambassador Program, you must fill out the Ambassador program enrollment form (“Enrollment Form”) found on https://ptpwallet.com/referral-program/ in a form acceptable to PTPWallet and PTPWallet shall then get into contact with you and then register you in the program if you pass the onboarding process and the Company deems you fit. You will then create an account on the PTPWallet mobile app (either via iOS or Android), downloaded through the Apple Store or Google Play Store, and let the Company know your Perkscoin Tokens (PCT) (“PTPWallet Credits”) receive address. The Company will then send you the needed amount of Perkscoin Tokens (PCT) to purchase 3 months’ worth of Gems on PTPWallet. After these 3 months, Company will do an analysis of your account and if you have referred less than 100 active accounts to PTPWallet under your name, the Company will revoke your participation in the Ambassador Program. If you have referred 100 or more active accounts to PTPWallet, the Company will allocate enough PCT to purchase 9 months’ worth of Gems on PTPWallet. This amount may change from time to time if stated by the Company. Once the Gems have been activated, your alphanumeric code (your “Referral Code”) will be under the Referral Program tab and you will be required to give this code to your family and friends, businesses, and/or people you connect with online for Referrals.

PLEASE READ THIS AGREEMENT CAREFULLY BEFORE SIGNING UP IN THE ENROLLMENT FORM.  IF YOU DO NOT AGREE TO THESE TERMS, YOU CANNOT FILL OUT THE ENROLLMENT FORM AND/OR PARTICIPATE IN THE AMBASSADOR PROGRAM.

PTPWallet may immediately terminate this Agreement with respect to you, or generally cease your participation in the Ambassador Program, at any time for any reason without notice.  PTPWallet may amend this Agreement from time to time. Amendments will be effective upon PTPWallet’s posting of an updated Agreement at this location. Your continued use of your Referral Code after such posting constitutes your consent to be bound by this Agreement, as amended.

Our collection and use of personal information in connection with the Ambassador Program and the PTPWallet Platform is as provided in PTPWallet’s Terms of Use located at https://ptpwallet.com/terms/.

1. Participation in the Ambassador Program: You agree to make Referrals and, in consideration thereof, PTPWallet shall provide you with the PTPWallet Credits as set forth in this agreement and on https://ptpwallet.com/referral-program/.  For the purposes of this Agreement, the following definitions shall apply: “Referral” means an introduction or referral of an individual or an entity by you to PTPWallet that results in such individual or entity registering on the PTPWallet as a first-time customer of PTPWallet and then making a transaction, as relevant, entering your Referral Code in the PTPWallet and then making a transaction using the Services provided by PTPWallet throughout the 30 days after activation of the Referral Code (“Referred” or “Refer” means the act by  you of having made or making such Referral); and “Referred Customer” means any individual or entity Referred to PTPWallet by you.

2. Term: Your participation in the Ambassador Program shall commence on the commencement date set forth by the Company in the introduction email sent to you after filling out the Enrollment Form and continue until the end of the 90-day period or as specified by the Company and thereafter shall renew after meeting the objectives stated in the introduction email. The program will continue until terminated by PTPWallet in its sole discretion at any time or otherwise terminated in accordance with the provisions of this Agreement.

3. Terms and Conditions; Restrictions

Eligibility of Participation in the Ambassador Program

In order to participate in the Ambassador Program, you must register for and maintain an active personal User account.

In order to qualify for any PTPWallet Credits in any calendar month, you must create an account on PTPWallet and fill out the Enrollment Form. After passing the introduction process, as specified in this Agreement, you will then receive to your PCT receive address the needed amount of Perkscoin Tokens (PCT). You will receive additional PTPWallet Credits after the first 90-day period if you meet the minimum number of Referrals set forth in your introductory email in the relevant calendar period.  If you do not meet the minimum number of Referrals in the relevant calendar period, you will not be entitled to any additional PTPWallet Credits.  Unless otherwise agreed by PTPWallet, no Referrals will be carried over to the next calendar month.

You agree that a referral or introduction by you shall not constitute a valid Referral for the purposes of this Agreement if it does not result in the individual or the entity registering a a PTPWallet account and making a transaction within the thirty days after the activation of the Referral Code, as relevant, entering your Referral Code in the PTPWallet and then making a transaction using the Services provided by PTPWallet throughout the 30 days after activation of the Referral Code. A valid Referral is also not if stated by PTPWallet and otherwise if not complying with the terms and conditions of the Ambassador Program from time to time.  A referral or introduction by you shall not be valid or effective if the relevant individual already has an account on the PTPWallet or is already a referral of someone else and if the relevant individual or entity does not enter your Referral Code at the time of registration.

You agree that each referral or introduction by you to PTPWallet shall be subject to the terms and conditions of this Agreement and the terms and conditions of the Ambassador Program and Terms of Use as determined by PTPWallet from time to time.  You agree that PTPWallet may amend the terms and conditions of the Ambassador Program from time to time in its sole discretion.  PTPWallet reserves the right to deactivate or invalidate your Referral Code at any time in PTPWallet’s sole discretion.

Referral Code and PTPWallet Credit Usage

Unless otherwise permitted by PTPWallet in writing, you may only possess, use and distribute one Referral Code per Referrals. Your Referral Code is not available for use by persons under the age of 18 and may only be used by individuals who can form legally binding contracts under applicable law and, with respect to Referrals, are approved by the platform to be applicable for usage of our platform in accordance with our terms and conditions from time to time.

Your Referral Code may only be distributed by you for promotional purposes and must be given away by you free of charge.  You agree to comply with all applicable laws when using and distributing your Referral Code, and you may only use and distribute your Referral Code in connection with legitimate Referrals and in a lawful manner.  You agree to only provide your Referral Code to individuals who are human beings that are registering on the PTPWallet on behalf of himself or herself or on behalf of a registered corporate entity, if relevant.

You are responsible for all activity that occurs with your Referral Code and you are solely responsible for use and distribution of your Referral Code in accordance with this Agreement.  You will not, in your use and distribution of your Referral Code, cause nuisance, annoyance, inconvenience, or property damage.

Your Referral Code may only be used and distributed pursuant to the specific terms that PTPWallet establishes for the Ambassador Program from time to time.  You agree that your Referral Code and account may be disabled by PTPWallet at any time for any reason without liability to PTPWallet.

Your PTPWallet Credits that are Perkscoin Tokens (PCT) can be used on the PTPWallet in accordance with the terms and conditions of this Agreement and the Ambassador Program from time to time.  Such PTPWallet Credits are not transferable or redeemable for cash and cannot be combined with any other promotional code or discount. PTPWallet may cancel, or vary the terms, relating to the PTPWallet Credits at any time in its sole discretion.

Prohibited Activity.

With respect to your participation in the Referral Program, you will: (i) not impersonate any person or entity in connection with a Referral, (ii) not post information or interact on the PTPWallet or in connection with the Ambassador Program in a manner which is false, inaccurate, misleading (directly or by omission or failure to update information), defamatory, libelous, abusive, obscene, profane, offensive, sexually oriented, threatening, harassing, or illegal, (iii) not commit any fraudulent or dishonest act in the performance of your obligations under this Agreement or in connection with the Ambassador Program in any way, (iv) not make any Referral if you have any business, professional, personal or other interest that would conflict in any manner or degree with any Referral and/or the performance of your obligations under this Agreement, (v) not duplicate, sell, trade, barter or transfer in any manner, or make available to the general public (whether posted to a public form or otherwise), your Referral Code, unless expressly permitted by PTPWallet, (vi) not to advertise your Referral Code offline or online, including but not limited to on Google, Facebook, Twitter, Bing and Craiglist or on any other digital platform or any website or web portal owned, controlled or operated by you or any other person; unless expressly permitted by PTPWallet and/or (vii) cause any third party to engage in the restricted activities above.

During or after your participation in the Ambassador Program, you will not (a) make any adverse or derogatory comment about PTPWallet or any Affiliates or do anything that shall, or may, bring any of PTPWallet or any Affiliates or any of their respective directors or employees into disrepute; and/or (b) provide any statement (whether written or oral) to any representative of television, radio, film or other similar media and shall not write any article for the press or otherwise for publication on any matter connected with or relating to the business of or your relationship with PTPWallet without first obtaining the written approval of PTPWallet.

Anti-Bribery.

You will not take any action or omit to take any action that would cause it to be in violation of, (i) U.S. Foreign Corrupt Practices Act, U.K. Anti-Bribery Act, Canada Corruption of Foreign Public Officials Act (ii) any other applicable laws against corruption or bribery, or (iii) any regulations promulgated under any such applicable laws.

To your knowledge, neither you nor any of your personnel or agents is an official or employee of any government (or any department, agency or instrumentality of any government), political party, state owned enterprise or a public international organization such as the United Nations, or a representative of any such person (each, an “Official”).  To your knowledge, neither you nor any of your personnel or agents has offered, promised, made or authorized to be made, or provided any contribution, thing of value or gift, or any other type of payment to, or for the private use of, directly or indirectly, any Official for the purpose of influencing or inducing any act or decision of the Official to secure an improper advantage in connection with, or in any way relating to, (A) any government authorization or approval involving PTPWallet, or (B) the obtaining or retention of business by PTPWallet or (C) any Referral.  You will not in the future offer, promise, make or otherwise allow to be made or provide any such payment and that it will take all lawful and necessary actions to ensure that no such payment is promised, made or provided in the future by any of its personnel or agents.

Confidential Information.

You shall not during your participation in the Ambassador Program or thereafter disclose to any third party or use, other than for the purposes of discharging its obligations or exercising its rights under the Agreement, any information concerning this Agreement or of a confidential nature acquired by you concerning the business or affairs of PTPWallet.

Restriction on Transfer of Rights.

The PTPWallet and all rights therein are and shall remain PTPWallet’s property or the property of PTPWallet’s licensors. Neither this Agreement nor your use of the PTPWallet or your Referral Code convey or grant to you any rights: (i) in or related to the PTPWallet AKA PerksCoin Transaction Platform Wallet; or (ii) to use or reference in any manner PTPWallet’s company names, logos, product and service names, trademarks or services marks or those of PTPWallet’s licensors.

Compliance with Laws; No Conflict.

With respect to your participation in the Ambassador Program, you will not violate any law, statute, rule, permit, ordinance or regulation.  The execution and delivery of this Agreement and the performance of your obligations hereunder do not and will not violate, conflict with or result in a breach of any law, contract or obligation to which you are a party or by which you are bound.

4. Withholding or Repayment of PTPWallet Credits

PTPWallet reserves the right to withhold PTPWallet Credits or other features or benefits obtained through the Ambassador Program by you in the event that PTPWallet determines or believes that the use of your Referral Code was in error, fraudulent, illegal, or in violation of the applicable terms of this Agreement or the Ambassador Program.  In the event of any material breach of this Agreement by you or the use of your Referral Code by a third party in a fraudulent or illegal manner or in violation of the applicable terms of this Agreement or the Ambassador Program, (a) this Agreement shall immediately terminate and all Referrals made by you hereunder shall become null and void and no further amounts shall be due to you hereunder, and/or (b) in PTPWallet’s discretion, upon PTPWallet’s request in writing, you shall be required to reimburse PTPWallet for any amounts paid by PTPWallet to you or credited to you by PTPWallet hereunder.

5. Disclaimers; Limitation of Liability; Indemnity

Disclaimer.

THE PTPWALLET PLATFORM AND CRYPTO SERVICES ARE PROVIDED “AS IS” AND “AS AVAILABLE.” PTPWALLET DISCLAIMS ALL REPRESENTATIONS AND WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, NOT EXPRESSLY SET OUT IN THIS AGREEMENT, INCLUDING THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT. IN ADDITION, PTPWALLET MAKES NO REPRESENTATION, WARRANTY, OR GUARANTEE REGARDING THE RELIABILITY, TIMELINESS, QUALITY, SUITABILITY OR AVAILABILITY OF THE PTPWALLET, ITS CRYPTO SERVICES OR ANY OTHER SERVICES REQUESTED THROUGH THE USE OF THE PTPWALLET, OR THAT THE PTPWALLET WILL BE UNINTERRUPTED OR ERROR-FREE. PTPWALLET AND ITS AFFILIATES DO NOT GUARANTEE THE QUALITY, SUITABILITY, CONSTANT CRYPTO-ONLY SERVICES OR ABILITY OF REFERALS TO MAKE TRANSACTIONS AFTER ACTIVATING YOUR REFERRAL CODE AND ANYTHING ELSE RELATED TO THE ENGAGEMENT OF REFERRALS. YOU AGREE THAT THE ENTIRE RISK ARISING OUT OF YOUR USE OF THE PTPWALLET, AND ANY SERVICE REQUESTED IN CONNECTION THEREWITH, REMAINS SOLELY WITH YOU, TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW.

PTPWallet and its Affiliates expressly disclaim any liability arising from the unauthorized use of your Referral Code or PTPWallet Credits or any use of your Referral Code or PTPWallet Credits that is in contravention of the terms of this Agreement and/or the terms and conditions of the Ambassador Program from time to time. Should you suspect that any unauthorized party may be using your Referral Code or PTPWallet Credits or you suspect any other breach of security, you agree to notify us immediately.

Limitation of Liability. 

PTPWALLET AND ITS AFFILIATES SHALL NOT BE LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, PUNITIVE OR CONSEQUENTIAL DAMAGES, INCLUDING LOST PROFITS, LOST DATA, PERSONAL INJURY OR PROPERTY DAMAGE RELATED TO, IN CONNECTION WITH, OR OTHERWISE RESULTING FROM ANY USE OF THE PTPWALLET OR THE AMBASSADOR PROGRAM, EVEN IF PTPWALLET HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. PTPWALLET AND ITS AFFILIATES SHALL NOT BE LIABLE FOR ANY DAMAGES, LIABILITY OR LOSSES ARISING OUT OF: (i) YOUR PARTICIPATION IN THE AMBASSADOR PROGRAM OR YOUR USE OF YOUR REFERRAL CODE; OR (ii) ANY TRANSACTION OR RELATIONSHIP BETWEEN YOU AND ANY REFERRED CUSTOMER, EVEN IF PTPWALLET OR ITS AFFILIATES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN NO EVENT SHALL PTPWALLET’S AND/OR AN AFFILIATE’S TOTAL LIABILITY TO YOU IN CONNECTION WITH THE AMBASSADOR PROGRAM FOR ALL DAMAGES, LOSSES AND CAUSES OF ACTION EXCEED THE VALUE OF THE PTPWALLET CREDITS RECEIVED BY YOU.

YOU AGREE THAT PTPWALLET AND ITS AFFILIATES HAVE NO RESPONSIBILITY OR LIABILITY TO YOU RELATED TO THE AMBASSADOR PROGRAM OTHER THAN AS EXPRESSLY SET FORTH IN THIS AGREEMENT. THE LIMITATIONS AND DISCLAIMER IN THIS SECTION 5 DO NOT PURPORT TO LIMIT LIABILITY OR ALTER YOUR RIGHTS AS A CONSUMER THAT CANNOT BE EXCLUDED UNDER APPLICABLE LAW.

Indemnity.

You agree to indemnify and hold PTPWallet, its Affiliates and their officers, directors, employees, contractors and agents harmless from any and all claims, demands, losses, liabilities, and expenses (including attorneys’ fees) arising out of or in connection with: (i) your participation in the Ambassador Program and any use of your Referral Code and your PTPWallet Credits; (ii) your breach or violation of this Agreement, and/or (iii) your violation of the rights of any third party.

6. Dispute Resolution

Arbitration.

You agree that any dispute, claim or controversy arising out of or relating to this Agreement or the breach, termination, enforcement, interpretation or validity thereof or the use of the Ambassador Program (collectively, “Disputes”), its subject matter and its formation (and any non-contractual disputes or claims) are governed by Canadian law and will be settled by arbitration in Canada, Ontario in accordance with the rules of the American Arbitration Association or between you and PTPWallet Corp. Judgment upon the award rendered may be entered in any court in Canada, Ontario with jurisdiction. Each party retains the right to seek injunctive or other equitable relief in a court of competent jurisdiction to prevent the actual or threatened infringement, misappropriation or violation of a party’s copyrights, trademarks, trade secrets, patents or other intellectual property rights. You acknowledge and agree that you and PTPWallet are each waiving the right to a trial by jury or to participate as a plaintiff or class in any purported class action or representative proceeding. Further, unless both you and the relevant Affiliate otherwise agree in writing, the arbitrator may not consolidate more than one person’s claims, and may not otherwise preside over any form of any class or representative proceeding. If this specific paragraph is held unenforceable, then the entirety of this “Dispute Resolution” section will be deemed void. Except as provided in the preceding sentence, this “Dispute Resolution” section will survive any termination of this Agreement.  This “Dispute Resolution” section applies to all Disputes (as defined below) between you and PTPWallet and/or any of its Affiliates.

Arbitration Process and Rules.

Any dispute, conflict, claim or controversy arising out of or broadly in connection with or relating to the Ambassador Program or this Agreement, including those relating to its validity, its construction or its enforceability (any “Dispute”), and any question regarding its existence, interpretation, validity, breach or termination or the business relationship created by it shall be referred to and finally resolved by arbitration under the Canadian Arbitration Association Arbitration Rules. The place of the arbitration shall be Ontario. There shall be 1 arbitrator. The language of the arbitration shall be English. An oral hearing need not be held. There will be no appeal from the decision of the Arbitral Tribunal on questions of fact, law, or mixed fact and law. If such Dispute has not been settled within sixty (60) days after a request for mediation has been submitted, such Dispute can be referred to and shall be exclusively and finally resolved by arbitration under the Canadian Arbitration Association Arbitration Rules. The existence and content of the mediation and arbitration proceedings, including documents and briefs submitted by the parties, correspondence from and to the CAAA, correspondence from the mediator, and correspondence, orders and awards issued by the sole arbitrator, shall remain strictly confidential and shall not be disclosed to any third party without the express written consent from the other party unless: (i) the disclosure to the third party is reasonably required in the context of conducting the mediation or arbitration proceedings; and (ii) the third party agrees unconditionally in writing to be bound by the confidentiality obligation stipulated herein.

7- Other Provisions

Choice of Law.

This Agreement is governed by and construed in accordance with the laws of Ontario, Canada, without giving effect to any conflict of law principles, except as may be otherwise provided in supplemental terms applicable to your region.

Notice.

PTPWallet may give notice by means of a general notice on the PTPWallet, electronic mail to your email address in your Enrollment Form or Account, or by written communication sent to your address as set forth in your Enrollment Form or your Account. You may give notice to PTPWallet by written communication to PTPWallet’s email address at [email protected]

General.

You may not assign or transfer your rights under this Agreement in whole or in part without PTPWallet’s prior written approval. You give your approval to PTPWallet for it to assign or transfer its rights and obligations under this Agreement in whole or in part, including to: (i) a subsidiary or affiliate; (ii) an acquirer of PTPWallet’s equity, business or assets; or (iii) a successor by merger. No joint venture, partnership, employment or agency relationship exists between you and PTPWallet as a result of the contract between you and PTPWallet or use of the PTPWalle or participation in the Ambassador Program.  If any provision of this Agreement is held to be illegal, invalid or unenforceable, in whole or in part, under any law, such provision or part thereof shall to that extent be deemed not to form part of this Agreement but the legality, validity and enforceability of the other provisions in this Agreement shall not be affected. In that event, the parties shall replace the illegal, invalid or unenforceable provision or part thereof with a provision or part thereof that is legal, valid and enforceable and that has, to the greatest extent possible, a similar effect as the illegal, invalid or unenforceable provision or part thereof, given the contents and purpose of this Agreement. Your Enrollment Form constitutes an integral part of this Agreement.  This Agreement, together with the Enrollment Form, and the use of PTPWallet constitutes the entire agreement and understanding of the parties with respect to its subject matter and replaces and supersedes all prior or contemporaneous agreements or undertakings regarding such subject matter.

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