General terms and conditions for
participation in Goldex marketing program
The
following terms and conditions represent the agreement between the company and
the Buyer, the Holder of the order to participate in the Goldex advertising -
marketing program.
Acceptance
of the given Agreement gives possibility:
- For every
Buyer, the Holder of the order - to participate in the Goldex marketing program
and to receive a payment from the company for the successful advertising of
goods and services provided by the Internet - shop;
- For
the company - to receive an income from the sale of goods and services
distributed through the Internet.
To
participate in the Goldex marketing program it is necessary for the Buyer:
- To
register in the Internet - shop.
- To place
an Order for the purchase of the goods and services for the sum of 7.000.00€,
including the Order processing fee of 7%.
- To pay a
Coupon-order cost.
Coupon-order
is a means of payment within the system.
The
Coupon-order includes a prepayment for investment gold bars up to 100 grams and
a subscription fee for the Internet service.
The
Coupon-order cost for the Preliminary table is 150.00€, including the Internet
service subscription fee of 20.00€.
The
Coupon-order cost for the Main table is 540.00€, including the Internet service
subscription fee of 40.00€ to pass two cycles of the Main table.
In the
Goldex program a Buyer has a right to issue only one Order in the Internet -
shop for the purchase of an investment gold for the sum of 7000€. After
execution of an order, the Buyer may issue a new order or prolong a previous
one.
Business-model
of the Goldex marketing program
Marketing
program Goldex is designed to assist only those who have a
desire to promote the company's products over the Internet - shop in the world
market and to receive credit bonuses from the company for advertising and
attraction of new customers. An indispensable condition is that the marketing
reward in the form of credit bonuses received for promotional activities and
attraction of new customers, can only be used to purchase an investment gold
bullion on account of execution of customer orders.
Business -
model of marketing program Goldex consists of two tables of
orders:
1. The
preliminary table of orders.
2. The main
table of orders.
The
preliminary table of orders is designed to pass the buyer's order to the Main
table of orders.
The main
table of orders is designed to get credit bonuses for the payment of the buyer's
order. For the full execution of the order, the buyer must pass a minimum of
two cycles of the main table.
Orders with
a payment of € 150 are placed on the preliminary table of orders.
Orders with
a payment of 540 € are placed on the main table of orders
Concept of
operations of the table of orders
Table of
orders consists of four levels, which includes 15 orders of the buyers. The
levels are arranged from top to bottom. Placement of customer orders is from
left to right, also taking into consideration the recommendations made.
1st level -
8 orders;
2nd level -
4 orders;
3rd level -
2 orders;
4th level -
1 order.
All
incoming customer orders are placed on the first level.
Once the
first-level of the table of orders is filled with the customer orders, the
table splits into two symmetric tables of orders. The order of the buyer moves
down to the second level. At the first level of two new tables of orders 8 new
empty places are formed for new customer orders.
As soon as
the first level of table of orders fills up with 8 more new orders, the buyer’s
order moves down to level 3, and again there is a division of the table of
orders into two symmetrical tables. Then, the new filling of the first level
with 8 orders, the Order of the buyer passes to 4th level.
At the
following division of a table, to the order of the buyer Credit bonuses are
charged and the Order of the buyer automatically passes:
- From the
Preliminary table – to the first cycle of the Main table;
- From the
Main table - to the second cycle and upon termination of the second cycle,
again there is a charge of Credit bonuses.
On these
Credit bonuses bars of investment gold are bought.
Preliminary
table of orders
Roles for making an order for buying a set of investment gold bars using
pre-registration of the order.
- 1. The client has
the opportunity to pre-register the purchase order for sets of investment
gold bars with a minimum amount of 7,000 euros.
- 2. When client
makes a pre-registration, it is recorded on the preliminary accounting
list and placed on the Preliminary table of orders.
- 3. All
pre-registrations are placed on the first top level of the Preliminary
order table, which has 8 free slots.
- 4. All pre-registrations
are placed to the Preliminary order table by using activation coupons,
company does not take the responsibility for clients exposing activation
coupon data to third parties.
- 5. Client takes
full responsibility for any possible loss and other consequences that may
occur by providing coupon data to third parties.
- 6.
Pre-registration order is placed strictly to superior sponsor's table.
- 7. If superior
sponsor's order is located on the Main order table, when placing a
pre-registration to the Preliminary order table, it is necessary to
specify the direction for placing the order by providing registration ID
of the customer, to who's Preliminary order table this registration should
be placed to and confirm that.
- 8. In order to get
the reward pre-registration should pass 4 levels of Preliminary order
table with the structure they built, having at least two directly invited
qualified online store clients on any level.
- 9. The reward for
completing the Preliminary table is after 7 days have passed and only when
payments from all customers placed at this table are received.
- 10. In order to
get the reward it is necessary to pass the identity confirmation procedure
(verification) by uploading a copy of your passport and a copy of a
document confirming your address using Profile/My Documents section.
Qualification for Preliminary order table is
- 1. At least Two
pre-registrations placed to the Preliminary table.
- 2. At least Two orders
placed to the Main order table.
- 3. One
pre-registration placed to Preliminary table and One order placed to the
Main order table.
- 4. Qualifying
conditions are introduced only for those clients who have registered
starting with 15.06.2013 00:00. After 90 days, these conditions are
introduced for all pre-registrations to the Preliminary table.
- 5. After
Registration has completed the Preliminary table, order for buying set
investment gold bars is formed and placed to the Main list and
automatically to the Main order table to superior sponsor's table.
Registrations passed from Preliminary to Main order table cannot be
canceled.
- 6.
Pre-registration is intended only for placing an order to the Main order
table.
Bonus rewards on the Preliminary table.
- 1. For completing
Preliminary table, forming the order and placing it to the Main table,
Client gets bonus reward if it has at least two customers invited to the
Main table or at least two pre-registrations placed to the Preliminary
table. Qualification for getting the bonus reward can be done on any
level.
- 2. The Reward is
1040 credit bonuses, 7% of which is charged as a fee for processing the
order, 540 credit bonuses – for placing order to the Main table. The
amount left is automatically used to buy gold, that the customer can later
sell back to the company.
- 3. If a customer
with a Pre-registration is completing 4 levels of Preliminary table
without having invited clients or having invited only one client, its
registration is eliminated from the marketing program and it gets refunded
with the amount spent on the registration of EUR 150 which is credited to
the internal euro account. Its superior sponsor keeps the qualification
for the Preliminary table and it is given the opportunity to move to the
Main order table.
Client who has left the Marketing program has 5 options.
- 1. Buy a coupon
for Pre-registration and place it to the Preliminary table, according to
the initial registration, with the same sponsor.
- 2. Buy a coupon,
make a new registration and place it to the Preliminary order table with
the new sponsor.
- 3. Make an
additional payment of 400 euros and place the order to the Main table.
- 4. Make a purchase
of gold with total amount of 150 EUR.
- 5. Withdraw funds
to its personal bank account.
Registration cancellation right.
- 1. Incorrect
placement is considered to be within 24 hours and may be corrected by the
company.
- 2. Cancellation of
a Pre-registration is made within 72 hours after the moment of
registration. After this period, all monies are transferred to the fund of
rewards and incentives and are non-refundable.
- 3. If, within 72
hours from the time of pre-registration on the table, the client makes a
statement on the complete cancelation of the order and its order is on the
second, third or fourth level, he pays a fee for technical changes of
returning the tables to their original positions at a rate of 80 euros.
(Two technical coupons 40 euros each)
- 4. For
registration cancellations within prescribed time of 72 hours the
registration is removed from the Preliminary table and eliminated from the
Marketing program without recovery option.
- 5. Customer data
is blocked from receiving a reward for 180 days.
- 6. Funds are
credited to customer's internal account and can only be used for withdraw
to its personal bank account.
- 7. Customer has
the right to make a new registration only after 180 days.
Change of the Sponsor.
- 1. Change of the
sponsor can only be done within 72 hours from registration time.
- 2. Within 24 hours
change of the sponsor will be made on customer's request and its
registration will be transferred to the table of the new partner.
- 3. In the
remaining 48 hours change of the sponsor is made using technical coupon of
40 Euros.
- 4. After this
period, the change of the sponsor can be made only after 180 days, in case
the was no activity and new registrations under customer's registration
for 180 days (this information is accessible in the “Information” section)
and only having invited two new direct clients.
Change of the Table.
- 1. Pre-registration
can be transferred to another table only from the first level of the
Preliminary table within 24 hours, at the request of the customer, in case
the sponsor is on the Main table. If a change of sponsor was made, the
registration is transferred to the table of new sponsor.
- 2. In the
remaining 48 hours transfer of the pre-registration to another table
without changing the sponsor is possible if sponsor's order is placed on
the Main table. Payment is made using technical coupon of 40 Euros.
- 3. If, within 72
hours from the time of pre-registration on the table, the client makes a
statement on the transfer of pre-registration to another table and it is
placed on the second, third or fourth level, he pays the fee for returning
the tables to its original state at a rate of 80 euros. (two technical
coupons of 40 euros each)
- 4. Transfer of the
pre-registration to another table in order to close the table is not
allowed.
- 5. After 180 days
client's registration can be transferred to another table if it is still
located on the first level. Orders under that order also located on the
first level are transferred as well.
- 6. If the
registration is on the second, third or fourth level, its transfer to
another table is not possible.
- 7. Any changes
within 72 hours can only be done once, you lose the right to cancel the
pre-registration, or make any other changes.
Conditions
and procedures for calculation of the credit bonuses for the main table of
orders
The minimum
condition for reception of credit bonuses:
The buyer,
the Owner of the order should involve two new orders for the Main table of
orders. These involved orders will be considered at all subsequent cycles.
The order
of the buyer, for its full execution, should pass a minimum of two cycles of
the Main table of orders. For this purpose the Buyer should involve two new
Orders on the Main table, being at the first or second level of the first cycle
of the Main table.
If this
condition is done then upon termination of each cycle, to the order of the
buyer bonus compensation at a rate of 3500 credit bonuses is charged, from
which 245 credit bonuses (7 %) as gathering for order processing is subtracted.
On the remained 3255 credit bonuses bars of investment gold are bought.
On
termination of the Order, the Buyer can issue a new Order or prolong an action
of the previous one, by reinvesting 540 credit bonuses. Participation of the
Buyer in marketing program Goldex proceeds, earlier involved orders are
considered at the subsequent charge of credit bonuses.
Special
conditions for charging of credit bonuses to the Main table of orders
Special
conditions of charging of credit bonuses operate in case the Buyer hasn't
involved two new Orders on the Main table, being at the first or second level
of the first cycle of the Main table.
To the
order of the buyer credit bonuses are charged depending on the level where the
Order is at the moment of receipt of a minimum of two involved Orders, which
are considered at each cycle of the Main table.
Quantity of
credit bonuses charged for one of two qualifying orders:
1. The
order of the buyer at 1 or 2 level – 1750 credit bonuses
2. The
order of the buyer at 3 level – 1250 credit bonuses
3. The
order of the buyer at 4 level – 750 credit bonuses
One
involved Order at any level or none involved Orders of the Buyer on the Main
table, don't grant the right to the Order of the buyer for compensation
reception. This cycle isn't considered as the execution of order. Credit
bonuses are not charged.
The Buyer’s
order automatically goes to the cycle beginning until the marketing condition
of involving at least two orders will be done. The Buyer’s order returns to the
beginning position and starts the movement again to get the reward. The
involved Order is saved for the second cycle.
If the
Owner of the order involves new orders in the second cycle of the Main table,
the Order obtains a reward according to its arrangement on the Main table in
this cycle.
In the
second cycle of the Main table bonus compensation will be defined taking into
account the results of the first cycle.
If the
Buyer being at the 1st or 2nd and 4th level in the first cycle involves two new
orders, then it is enough for the Buyer being at the 1st or 2nd level in the
second cycle to involve one new order to pass the second cycle and get a
maximum reward for the second cycle with two orders involved at the 1st and 2nd
level for two cycles.
If two
orders were involved at the 3rd and 4th level in the first cycle, then it is
necessary for the Buyer to involve two new orders at the 1st or 2nd level in
the second cycle to pass the second cycle and get a maximum reward with two
orders involved being at the 1st and 2nd level.
If to the
order of the buyer maximum compensation isn't charged after passage of two
cycles of the Main table, the Owner of the order has the right to finish the
Order at the expense of money resources to the full sum of execution of the
order and to receive bars of investment gold or to receive already available bars
from storehouse or to sell them back to the company. The order will be
considered as finished. The buyer can issue a new order by reinvesting 540
credit bonuses for 2 more cycles.
Change of
Sponsor
If within
90 days under your order in your structure there were new orders placement, you
are able to change your sponsor under the following terms:
1. If your
order is located only in the Main table, to change your sponsor you need to
involve two new invitees in the Main table. A new sponsor shall have the
completed qualification The change of the Sponsor in order to obtain
qualification is not permitted. You can change the sponsor through the
technical coupon.
2. If your
order is located only on the Golden Link table, to change your sponsor you need
to involve one new invitee in the Golden Link table. A new sponsor shall have
the completed qualification The change of the Sponsor in order to obtain
qualification is not permitted. You can change the sponsor through the
technical coupon.
3. If your
order is located both in the Main table and in the Golden Link table, to change
your sponsor you need either to involve two new invitees on the Main table, or
one new invitee on the Main table and one invitee in the Golden Link table. A
new sponsor shall have the completed qualification The change of the Sponsor in
order to obtain qualification is not permitted. You can change the sponsor
through the technical coupon.
Leadership
Program
The order
of the buyer gets additional bonus reward (bonus units) when under this Order
two direct involved Orders get reward (the first cycle) and under each of them
two more Orders get reward (the first cycle).
The Order
of the buyer starts to move ahead in a leadership program and take part in the
Internet – shop profits.
Bonus units
are used to buy an investment gold only.
In the
leadership program the bonus units are credited to the Order of the buyer under
the following formula:
Number of
the received credit bonuses of the involved Order at the end of each cycle
divided by a constant of 500.
Leadership
program has 12 levels, the levels are arranged from bottom to top:
12th level
200000 units 32.0 credit bonuses
11th level
100000 units 31.0 credit bonuses
10th level
50000 units 29.5 credit bonuses
9th
level 25000 units 27.5 credit
bonuses
8th
level 10000 units 25.0 credit
bonuses
7th
level 5000 units 22.5
credit bonuses
6th
level 2500 units 20.0
credit bonuses
5th
level 1000 units 17.5
credit bonuses
4th
level 500 units
15.0 credit bonuses
3rd
level 250 units
12.5 credit bonuses
2nd
level 100 units
10.0 credit bonuses
1st
level
7.5 credit bonuses
Example:
The Order of the buyer is at the first level of Leadership program:
3500/500 =
7.0 units * 7.5 = 52.50 credit bonuses
Sale,
storage and gold delivery
The Holder
of the order has a right:
1. To sell
gold bars back to the Company at a purchase price of the present day.
2. To leave
the bought gold bars for safekeeping in a certified depository.
3. To
receive the bought gold bars by the insured mail or to receive them from the
depository.
The buyer
pays all delivery costs of gold bars.
Delivery
cost is defined by postal service according to the location of the issuer.
Calculation will be effected in automatic mode after filling the corresponding
form. In those countries where the VAT and import taxes on precious metals
applied, the Buyer takes responsibility for the Order delivery himself.
In those
countries where there are VAT and import taxes on precious metals, the Buyer
takes responsibility for the Order delivery himself.
The
safekeeping fee for the gold in the certified depository is 1.2 % per year or
0.1% per month of the value of the Buyer’s gold bars.
Safekeeping
fee undertakes the first day of every month for the gold bars stockpiled in the
depository on this day.
1 gram gold
bars, bought at Coupon-order payment, are stored free of charge till the first
bonus reward.
The right
to cancel the Order
The Buyer
making an Order under Goldex program, has a right to cancel the Order without
giving reasons within 2 weeks after placing an Order online. Cancellation is
made via e-mail.
The Buyer
pays the storage and the delivery expenses.
At any
stage of the Order the Holder of the order has a right to make additional
payment to the full amount of the Order and to receive an investment gold.
In all
other cases of the Order cancellation the Buyer has to pay the order processing
fee.
Date of the
Order cancellation
Date of the
order cancellation is estimated from the day when the Buyer placed an Order in
the Internet – shop.
Taxes
The Buyer
takes responsibility himself for the tax payments from the incomes of
participation in the Goldex program.
We reserve the right to make changes to rules and regulations without
prior notice.
General terms and conditions
of Internet-shop trade deal agreement
The Internet-shop is intended for purchase and sale of an investment gold in bars.
Investment gold
is the high purity 999.9/1000 gold in 1 to 100 grams bars.
Gold bars are
bought and sold in the Internet-shop in any quantity and any values from 1 to
100 grams.
Bars delivery
is carried out by the insured mail or they can be received by prior arrangement
in the delivery department in Germany, as well as they can be left for
safekeeping in the certified depository of precious metals.
Delivery of gold bars is carried out by
the Express Delivery Service INTEX Paketdienst GMBH. Delivery cost is specified
by the postal service depending on the country of destination, the cost of the
content and insurance. VAT of 19% is also included into the price.
The gold
storage cost is 0.1 % per month of the value of the gold stockpiled in depository on
the first day of every month.
To buy the
investment gold it is necessary:
- To register in the
Internet – shop.
- To choose bars and
place an order.
Euro account
will be opened for the Buyer in the Internet-shop for the further service of
the Order.
In case of
Buyer’s payment for the Order and Company’s services is through bank transfer,
the company will send an invoice to the Buyer. An invoice will be sent to the
Buyer’s e-mail stated at the registration.
According to the invoice rendered the
Buyer is to make a bank transfer. Money will be deposited at its internal
account. Using it the buyer may buy inversion gold bars for the online shop
when it is convenient to the Buyer. The Company takes a fee for an order
processing at the amount of 7% of the bars value.
As the gold
market price may change several times a day, a Buyer must make a bank transfer
and send a copy of payment by e-mail to the delivery department within 24
hours.
If confirmation of a payment for the Order is not received within 24 hours, the Order will be canceled.
If confirmation of a payment for the Order is not received within 24 hours, the Order will be canceled.
We reserve the right to make changes to
rules and regulations without prior notice.
This website is not intended for
distribution to, or use by any person or entity that is a resident of or
located in any jurisdiction where such distribution or use would be in
contravention of law or regulation or which would subject EMGX F.S. Ltd or any of
its affiliate companies or entities to any registration or licensing
requirement in that jurisdiction.
This website and the Information are publications of EMGX F.S. Ltd and are not intended to constitute legal, tax, accounting, securities, or investment advice, nor any opinion regarding the appropriateness or suitability of any investment or strategy. This website shall not constitute an offer or a solicitation of an offer to buy or sell any investment product or service to any person or entity in any jurisdiction.
Products named in the site are only available to residents of countries where offers of such products are permitted by law.
This website and the Information are publications of EMGX F.S. Ltd and are not intended to constitute legal, tax, accounting, securities, or investment advice, nor any opinion regarding the appropriateness or suitability of any investment or strategy. This website shall not constitute an offer or a solicitation of an offer to buy or sell any investment product or service to any person or entity in any jurisdiction.
Products named in the site are only available to residents of countries where offers of such products are permitted by law.
