Terms and Conditions of the Referral Program

1. DEFINITIONS

Moncera – a limited liability company registered in the Republic of Estonia under registry code 14866045, who maintains and administers the Platform.

Platform – internet-based information system located at www.moncera.com maintained and administered by Moncera.

Participant’s Profile – Participant’s personal site on the Platform, which is automatically created after the Participant registers on the Platform.

Participant – user, who has a Participant’s Profile on the Platform and who recommended the services of Moncera to Referral.

Referral – any new individual or a legal person who has registered on the Platform and has started investing on the recommendation of the Participant.

Terms and Conditions – these Terms and Conditions of the Referral Program.

2. GENERAL TERMS AND CONDITIONS

2.1. The referral program offers volume-based commission fee to Participant and payback to Referral.

2.2. The commission fee is 0,5 % of the sum deposited by an attracted Referral during first 60 days. The commissioon fee is limited to maximum amount of 100 euros per Referral.

2.3. Commission fee will be added to the Participant’s Profile automatically after compliant deposit has been made providing that commission fee per Referral does not exceed the maximum amount.

2.4. During the first 60 days, Referral will receive 0,5 % of the sum deposited as a payback to Referral’s Profile. The payback is limited to maximum amount of 100 euros per Referral.

2.5. The referral program is available from the date the offer is published on the Platform (https://www.moncera.com/referral-program) for an indefinite period unless the termination date is specified.

2.6. Moncera has the right to terminate or amend Terms and Conditions unilaterally and without individually notifying each Participant. The up-to-date information on the referral program is always available on the Platform.

2.7. For the purpose of the referral program, only registration for the first time will count as a Referral regardless of the email used. If the registrant has previously created a profile on Platform with another email, the person does not qualify as a Referral for the purposes of referral program. Any profiles attempting to violate this section will be blocked by Moncera and deleted from the Platform. Moncera has the right to suspend the profile of a Participant attempting to violate this section.

2.8. For the purpose of the referral program Participants are forbidden to refer their relatives, spouses or in-laws as Referral. Any profiles attempting to violate this section will be blocked by Moncera and deleted from the Platform. Moncera has the right to suspend the profile of a Participant attempting to violate this section.

3. START PARTICIPATING IN THE PROGRAM

3.1. In order to start earning the commission fee, the Participant should share Partipant’s unique referral link that can be found in its Participant’s Profile.

3.2. The individual links may be shared in multiple ways:

3.2.1. privately (e.g., via an SMS, or messengers to people the Participant is acquainted with), or in private social network profiles, or via e-mail to people the Participant is acquainted with;

3.2.2. publicly (via paid promotions, public distribution on blogs, public forums, e-mail databases acquired by subscribing on Participant’s web resources). For this type of promotion both links and visual materials prepared by Moncera may be used for sharing the link.

3.3. The Participant is allowed to share its unique referral link in digital channels, excluding the following traffic types: adult/erotic content; doorway traffic; indecent or deceptive content; illegal content upload or download platforms (e.g. torrent files exchange etc.); branded paid search - bidding on terms containing Moncera brand name or any of its variations or misspellings; pop-ups and click-unders.

3.4. The referral program sharing links cannot be used in conjunction with other promotions offered by Moncera via other platforms.

4. OTHER CONDITIONS

4.1. After the commission fee for attracted deposits is received, the payments of respective taxes (if applicable) are the responsibility of the Participant in accordance with its tax residence applicable legislation.

4.2. Moncera is entitled, at any time, to cancel Participant’s participation in the referral program without providing the Participant with such cancelation’s reasons, by requesting the Participant to stop its participation.

4.3. If the Participant has any doubts regarding allowed distribution channels and whether its activities comply with Terms and Conditions, the Participant may contact Moncera.

4.4. All attempts to manipulate the referral program’s rules are not allowed. If Participants are violating the referral program conditions, they may have their commission fee suspended or cancelled at any time.