Terms and Conditions of the Mintos Referral Program

Program version: 1.12
Date of version: 04.10.2021
 

1. Terms that are capitalised in the present Terms and Conditions of the Mintos Referral Program (hereinafter referred as Terms and Conditions) have the same meaning as the terms used in the Mintos General Terms and Conditions of Platform User Agreement unless indicated differently in the present Terms and Conditions.

2. By sharing the referral link or code (hereinafter referred as — Referral Link), in the Mintos Referral Program (hereinafter referred as Referral Program) any User who is a natural person and has verified identity and registered on Platform as well as is subject to other conditions provided hereof, can take part within two levels:

2.1. Basic level — accessible to all Users. Conditions for Users with this level are available on the Referral Program’s page on the Platform;

2.2. VIP level, also referred as Mintos Investor Club or MIC — accessible to a limited number of Users, based on conditions described on the Referral Program’s page on the Platform or otherwise at Mintos’ sole discretion.

3. Users are prohibited:

3.1. to use the Referral Link in any way that differs from Mintos’ values or in any other way that may qualify as an unfair commercial practice, as determined at Mintos’ sole discretion;

3.2. to use the Referral Link if the User is a resident (has domicile) of jurisdictions specified in the Schedule hereto and all further amendments thereto;

3.3. to use, post, publish or otherwise distribute the Referral Link:

3.3.1. to make any kind of commercial activity or paid promotion including online advertising;

3.3.2. to distribute the Referral Link on websites that provide erotic, indecent or deceptive content;

3.3.3. to distribute or publish the Referral Link on websites that provide gambling or betting services or money-back projects;

3.3.4. to distribute or publish the Referral Link on websites that offer the upload or download of illegal content, such as BitTorrent sites;

3.3.5. to distribute or publish the Referral Link on websites that are including but not limited to coupon sites, review sites;

3.3.6. to write emails, text or message people who Users do not personally know;

3.3.7. to integrate in browser extensions or using an automated system, script, program, dialer, or bot through any channel to distribute or, post the Referral Link;

4. Users shall not distribute the Referral Link to and refer potential Users being residents (having domicile) of jurisdictions specified in the Schedule hereto and all further amendments thereto. If the referred party’s domicile is from a jurisdiction where Mintos has not obtained an investment firm licence or has not passported the current licence in accordance with the EU investment firm licence passporting regime, the referred party is not allowed to register on Mintos platform and is solely allowed to join the waiting list.

5. When using the Referral Link and referring a potential User, the User shall warn a potential User, that:

5.1. before registering on the Platform and starting to invest potential User must make sure whether such service and product is allowed and not restricted on the territory of his/her home country;

5.2. investments available on the Platform are subject to risks and may lead to losses, as well as should be suitable with personal circumstances of a potential User.  

6. Disqualifications.

6.1. The Users will be immediately disqualified from the Referral Program if they refer to themselves, or any immediate family member or member of their household or have violated Clause 3 of the Terms and Conditions. All referrals must be new investors to Mintos and cannot have an existing Mintos account.

6.2. If Mintos, at its sole discretion, believes that the User created an account for the primary purpose of collecting the reward of the Referral Program, the User will be disqualified from the Referral Program and will not be eligible for its rewards.

6.3. Mintos may review payment and withdrawal information if it will suspect a breach of the Terms and Conditions.

6.4. If a User is found to be in violation of any rule of the Terms and Conditions and/or the Mintos General Terms and Conditions of Platform User Agreement, Mintos can suspend at any time the payment of any Referral Program’ rewards. Mintos can also remove any previously paid rewards and suspend Users from the Referral Program

7. The User has an obligation to immediately stop participating in the Referral Program if requested by Mintos for any reason, at Mintos' sole discretion.

8. The User receives a reward (hereinafter referred as — the Reward) based on the balance of all outstanding principal amounts, in EUR or the EUR equivalent in other currency, of Claims and/or Notes held by the referred party on the thirtieth (30) day after registration, at 23:59 Eastern European time zone (hereinafter – the Reward Period). The Reward is paid in EUR, in one installment within ten working days after the Reward Period has ended, if all conditions and preconditions for the Reward set in the Terms and Conditions have been fulfilled and  neither the User, nor the referred party were disqualified for any reason from the Referral Program.

9. Exact amounts of Rewards as well as other terms and conditions of the Referral Program are listed on the Referral Program’s page on the Platform.

10. For the User to receive the Reward, the following preconditions must be fulfilled:

10.1. the User has the right to participate in the Referral Program and neither the User, nor the referred party, has breached the Terms and Conditions;

10.2. the referring User must be registered on Platform and have his/her identity verified via the Mintos provided solution;

10.3. the referred party is a natural person who is at least 18 years old, and is not a resident (has domicile) of jurisdictions specified in the Schedule hereto;

10.4. The referred party’s domicile is in a jurisdiction where Mintos has obtained an investment firm licence or has passorted the current license in accordance with the EU investment firm licence passporting regime.

10.5. the referred party must use the User’s Referral Link when creating the account (registering), and have his/her identity verified via the Mintos provided solution;

10.6. when creating the account on Platform, the referred party must not have had a previously created account on Platform  under any email address before;

10.7. the User and the referred party are separate natural persons;

10.8. nor the User, not the referred party, have violated any of the clauses of the Terms and Conditions and/or the Mintos General Terms and Conditions of Platform User Agreement.

11. Mintos pays User the Reward, if all conditions and preconditions for the Reward set in these Terms and Conditions have been fulfilled, within 10 working days after each Reward Period has passed by depositing electronic funds equivalent to the Reward into the Virtual Account of the User. When calculating a Reward, the Terms and Conditions as well as amounts and other terms of Rewards being in force as of the referred party registration moment, will apply.   

12. The Reward shall include all applicable taxes for participation in the Referral Program and respective taxes (if applicable) shall be covered by the User.

13. The User may refer an unlimited number of referred parties and receive the Reward for each referred party fulfilling the conditions and preconditions set in these Terms and Conditions.

14. The Referral Program cannot be used in conjunction with any other promotion.

15. Legal relations arising from the Referral Program shall be governed by the Terms and Conditions that have been published on the Platform at the moment when the referred party created the account using/indicating the User’s Referral Link. All that is not defined by the Terms and Conditions, shall be defined according to Mintos General Terms and Conditions of Platform User Agreement

16. Mintos shall not be deemed responsible for any misuse of the Referral Link, including but not limited to, technical issues that might cause the Referral Link to not work properly, thus not appearing as used when the referred party is creating the account on Platform.

17. Mintos is entitled, at its sole discretion, unilaterally: 

17.1. suspend, terminate or change the terms and requirements of the Referral Program, including amounts and terms of the Rewards; 

17.2. change the Terms and Conditions, 

with immediate effect and without giving Users any prior notice. New versions of the Terms and Conditions as well as other terms of Referral Program are published on the Platform.

 

 

Schedule to the

Terms and Conditions of the Mintos Referral Program

  

List of Restricted Jurisdictions 

 

No. 

Country

ISO Code

1.

Venezuela

VE

2.

Antarctica

AQ

3.

Bouvest Island

BV

4.

Cocos (Keeling) Island

CC

5.

French Southern Territories

TF

6.

Heard Island and McDonald Island

HM

7.

Johnston Atoll

JT

8.

Midway Islands

MI

9.

Netherlands Antilles

AN

10.

Neutral Zone

NT

11.

Serbia and Montenegro

CS

12.

South Georgia and The South Sandwich Islands

GS

13.

Svalbard and Jan Mayen Islands

SJ

14.

Wake Islands

WK

15.

Democratic People Republic of Korea

KP

16.

Somalia

SO

17.

South Sudan

SS

18.

Yemen

YE

19.

Lybyan Arab Jamahirija (Libya)

LY

20.

Democratic Republic of Congo

CD

21.

Sudan

SD

22.

Guinea- Bissau

GW

23.

Central African Republic

CF

24.

Iraq

IQ

25.

Eritrea

ER

26.

Haiti

HT

27.

Zimbabwe

ZW

28.

Burundi

BI

29.

Congo

CG

30.

Syrian Arab Republic

SY

31.

Iran

IR

32.

Equatorial Guinea

GQ

33.

Afghanistan

AF

34.

Cuba

CU

35.

Lebanon

LB

36.

Myanmar

MM

37.

France

FR

38.

Italy

IT

39. 

United Kingdom

GB