Terms Of Service
Ku-farm
ADVICE DISCLAIMER!!!
Ku-farm
Limited,hereby declares that we are not a financial service
provider and that We are not providers of securities services.
All
members including proxy members who represent entities on Ku-farm
, hereby agree that by accessing and registering on the Ku-farm
website and/or by the act of using any Ku-farm services that they
have read, understand and agreed to and will abide by the terms of
this Advice Disclaimer.
Nature of Our Business
Ku-farm is an internet based mining service provider which
performs its business through the website Ku-farm and its official
office in USA.
Ku-farm does not offer financial advices
to its members and also does not portray or attempt to portray
itself as a registered or authorised financial services provider
or render financial services in respect of financial products as
defined in the Financial Advisory and Intermediary Services Act
2002 (“the FAIS Act “) and, Ku-farm does not portray or attempt to
portray itself as registered or authorised to render security
services as those terms are defined in the Securities Services
Act, 2004 (“the SS Act “).
Performance
Per the Ku-farm Terms and Conditions and per the Ku-farm
General Policies and per the Ku-farm Advice Disclaimer, Ku-farm
does not guarantee or warrant any returns or specific growth,
rates or outcomes.
Ku-farm members and proxy members
utilise the services of Ku-farm and any related services entirely
at their own risk, without any liability to Ku-farm
SECTION: 2
Ku-farm
GENERAL TERMS AND CONDITIONS
Introduction
This document covers the full set of
terms and conditions at Ku-farm investment Ltd, (hereinafter
referred to as Ku-farm) Terms and Conditions which any member or
proxy of any entity agrees to and agrees to abide by through their
action of registering on the Ku-farm website and/or makes use of
any Ku-farm services. All such members are required to make
themselves familiar with these Terms and Conditions.
Terms and Conditions
Your access to and use of this website (and any and all
related software utilized to support this website) shall be
governed by the following terms and conditions of Ku-farm Limited
(hereinafter referred to as “Ku-farm”).
By yourself
accessing and using the Ku-farm website and/or yourself making use
of any services offered by Ku-farm, or yourself making use of any
services offered through using a proxy, you agree to comply with
and be irrevocably bound by the terms and conditions herein below,
in order to utilize this website and engage in the services of
Ku-farm and or its service providers.
This website
provides all necessary information with regards to operating the
Member Account Dashboard, as well as details of the Ku-farm Bonus
Plan for the additional Referrals Option.
To make use
of Ku-farm services, you will need to register and open your
account on this website.
You will be required to fund
your account with a recommended amount $500 (Five hundred USD)
value in bitcoin within seven (7) days from the date and time of
your registration. Failure to do so will result in your account
being deleted. You will be permitted to re-register again at a
later stage but will then be allocated a different position.
By
opening an account on this website, you confirm that you
irrevocably agree to and are bound by the terms and conditions of
Ku-farm as set out herein below.
Account Eligibility
You must:
While using our Service, we may ask
you to provide us with certain personally identifiable information
that can be used to contact or identify you ("Personal Data").
Personally identifiable information may include, but is not
limited to:
As an individual, be at least 18 (EIGHTEEN)
years of age and capable of entering a legally binding contract
and, you must have a valid email address.
If you are a
minor:
You may not be a member of Ku-farm unless you
have reached the legal age your country prescribes in order to
enter into a legal contract and act without the assistance of your
legal guardian. In USA that age is 18 and may differ from country
to country. Your legal registration with Ku-farm will be governed
by the laws of your applicable country under which authority you
reside.
If you are under the age of 18 (EIGHTEEN) your
legal guardian may open an account in your personal name and as
your legal guardian manage your account on your behalf. Your legal
guardian will be liable for and bound by the terms and conditions
of Ku-farm in their representing capacity as legal guardian.
The
legal guardian must ensure that the minor do not access the
account without the presence and assistance of the legal guardian
who will have full account control and access rights until the
minor becomes of age. When the minor become of age, he/she may
apply to Ku-farm in order to provide him/her with full access to
his/her account by submitting the necessary proof as required by
Ku-Farm. The newly qualified member will then be bound by the
terms and conditions in his/her personal capacity. If using a
proxy, your proxy must be at least 18 (EIGHTEEN) years of age and
capable of entering a legally binding contract and have a duly
signed proxy not older than 3 months.
Agree that if you
are a registered company, trust, partnership or any other legal
entity which is duly registered under the applicable laws of the
country in which the aforesaid entity conducts business, and/or is
domiciled, and the person opening the account on behalf of the
legal entity confirms their proxy by written
declaration/resolution/letter of authority from the entity, that
he/she is the duly authorised representative for and on behalf of
the legal entity. Through registering on the Ku-farm website,
accessing and making use of services offered, that person or proxy
will legally bind the represented entity to the Ku-farm terms and
conditions as set out herein. Any dispute regarding such authority
to represent, shall have no effect on the legality or existence of
the contractual relationship between Ku-farm and the entity.
Ku-farm reserves the right to request the relevant resolution or
Letter of Authority at any time. If the required documentation
cannot be presented on request within a reasonable time, Ku-farm
reserves the right to suspend the members account until the
required documents is presented.
Be sponsored by an
existing Ku-farm member (“sponsor”).
Be responsible for
your own taxes on any proceeds and the declaration thereof with
your relevant tax authority. Ku-farm does not deduct or withhold
any taxes on your behalf, nor will any reporting tax related
responsibilities vest in Ku-Farm.
Take responsibility
for maintaining and protecting the confidentiality and safekeeping
of your login details, which consist of your email address and
password. Ku-farm takes no responsibility for any unauthorized
access to or use of your account. In the event of a security
breach on Ku-farm end, Ku-farm will notify you as soon as
practically possible, in line with the provisions of the Federal
Act on Consumer Information of October 5, 1990 (SR 944.0) of
USA
Disclaimer of Warranties
You understand
and acknowledge that:
Neither Ku-farm nor its business
partners is responsible for any loss or damage of whatever nature
and cannot be held liable for the website being temporarily
unavailable due to technical issues and or maintenance beyond
Ku-farm’s reasonable control.
Ku-farm cannot provide any
guarantees as to the performance, accuracy, timeliness,
completeness or suitability of the information (which may contain
outdated information, inaccuracies or errors) and services found
or offered on this website for any particular purpose, and Ku-farm
expressly excludes any liability for such to the fullest extent
permissible by law.
Information provided by Ku-farm,
including but not limited to statements, trade results and
advertisements, are purely for informational purposes and by no
means intended to serve as financial or investment advice, or
forecasts of future performance.
Your use of any information
or services on this website is entirely at your own risk, for
which Ku-farm or its business partners cannot be held liable in
any manner.
You are responsible for ensuring that any
product, services or information available through this website
meet your specific needs and requirements.
This website may
include links to other third-party websites which are not
controlled by Ku-farm, which
Ku-farm and its officers cannot
be held liable in any manner for any consequential damages that
you may occur as a member or that may be incurred by the the
entity that you represent as a proxy.
Copyright
You
acknowledge and agree that the Ku-farm website contains
confidential information that is protected by COPYRIGHT ©️ and a
range of intellectual property laws in Switzerland and
world-wide. Ku-farm reserves all copyright rights worldwide.
Ku-farm Exclusive Rights
You are permitted to
use the Ku-farm website provided that you do not (and do not allow
any third party to):
Copy, modify, create a derivative work
of, reverse engineer, reverse assemble or otherwise attempt to
discover any source code, meta-data, sell, assign, sublicense,
grant a security interest in or otherwise transfer any right in
this website in any manner or form;
Use modified versions of
this website, including (without limitation) for the purpose of
obtaining unauthorized access to the website; or
Access the
website by any means, other than through the interface that is
provided by Ku-farm for use in accessing the website.
You
authorize Ku-farm to use your name, photograph, personal story
and/or likeness in advertising or promotional materials and waive
all claims for remuneration for such use. Should you wish to
opt-out of marketing-specific communications, you will be provided
with a link to exercise such option in the relevant
communications.
You permit Ku-farm to contact you via email
or text messaging for reasons including, but not limited to,
Ku-farm announcements, bonus programs and promotions, changes in
policy, etc.
Ku-farm reserves the right to manage the
referral bonus of any account with a balance of less than $1000
(one Thousand USD) worth of bitcoin in value.
Ku-farm
reserves the right, for security reasons and for the protection of
the website and its members, to block withdrawals from a members
account for a period of seven (7) calendar days should any
password, email address, 2FA or Bitcoin Withdrawal Address be
changed.
Ku-farm reserves the right to withhold, deduct or
collect from any portion of your or any accomplices bitcoins any
amounts received or qualified for through the misuse or abuse of
the Bonus Plan by means of schemes or unethical behaviour
conducted by yourself or with the assistance or collusion of other
parties..
Member and customer lists and names are owned
by Ku-farm and may never be used for any commercial or business
purpose without the prior written consent of Ku-farm, its
directors and officers.
Indemnity
You indemnify and
release Ku-farm from and against all claims, suits, demands,
actions, liabilities, costs and expenses (including reasonable
legal costs and expenses awarded by any competent court or
tribunal) resulting from your access to and/or use of this
website, or breach of any terms and conditions you agree to; prior
to accessing this website, in the proportion that represents the
extent to which the claim, suit, demand, action, liability, cost
or expense is caused by your negligent or wrongful acts or
omissions.
You understand that failure to comply with the
above Ku-farm terms and conditions and policies and procedures
herein may result in the termination of the agreement, which could
result in Ku-farm suspending your member status.
You
understand that any payments due to you may be delayed until final
resolution has been achieved.
You acknowledge that in the
event of your violation of this agreement and/or Ku-farm’s terms
and conditions and/or policies and procedures, your member rights
may be terminated without further bonuses or payments of any kind,
which will be forfeited to Ku-Farm.
You agree that you
indemnify and hold Ku-farm, its directors, officers or employees
harmless from any and all claims, damages or expenses (including
legal fees) that may arise from your actions or conduct in
violation or contravention of this agreement.
You acknowledge
Ku-farm’s Bonus Program is based on current products and is
subject to change without prior notice, especially given
fluctuating markets and trades beyond the control of Ku-farm
Regulatory and Policy
Ku-farm
requires of all members that they will act in a manner that is in
line with and abides by all regulatory, policy and legal
requirements.
Should any member become aware of or receive
any form of regulatory or policy or legal communication in any
communication medium, the information should be forwarded directly
to the Ku-farm support and clearly marked for the personal
attention of the support team.
Should clause 8.2 above occur,
no member should circulate or send such information or
communications in their possesion to any other members other than
to the Ku-farm support team, as required by clause 8.2.
Transgression
of this term and condition of Ku-farm membership can result in
Ku-farm cancelling a members membership, after which Ku-farm would
zero the members Ku-farm account and send the members Bitcoin to
the member.
Should clause 8.4 occur and a members membership
be terminated, that person will not be able to join Ku-farm
again.
Limitation of liability
Neither party is liable
to the other for any consequential or indirect loss including, but
not limited to, loss of profit, loss of data, lost opportunity
cost, loss of enjoyment.
Transferring your Account
No account shall be ceded or assigned to any third party,
due to the risk of cybercrimes. Despite any other terms and
conditions contained herein, Ku-farm reserves the right, in
exceptional circumstances, to change the account holder detail.
Amendments and variations to terms and conditions
Ku-farm may amend these terms and conditions from time to
time, if and when necessary without prior notice and at Ku-farm’s
sole discretion.
Updated terms will appear on this website
and it is your responsibility to ensure that you remain abreast of
any amended terms or conditions, as applicable.
Your
continued use of the web site shall be construed as an unequivocal
acceptance of the terms and conditions, as amended.
If you do
not agree to comply and be bound by the terms and conditions, as
amended from time to time, you must immediately cease using this
website, withdraw your bitcoin and proceeds and notify both
Ku-farm support and your referrer.
You will remain bound by
these terms and conditions for a period of 36 months after
cancellation of your membership and will refrain from any conduct
that will, may or could cause Ku-farm any reputational damage.
Jurisdiction
This
agreement and the relationship between the member and Ku-farm
shall be governed by the Federal consumer/investor Act of USA and
the member agrees to the jurisdiction of the High judicial Court
of USA (any division) in terms of any legal actions actioned by
either the member or Ku-Farm.
Waiver and Severability of Terms
Any failure on the part of Ku-farm to exercise or enforce
any rights or provisions of this agreement shall not constitute a
waiver of such rights or provisions.
Ku-farm reserves the
right to exercise such rights or provisions within 3 years from
date of the contravention of the terms and conditions or the time
Ku-farm becomes aware of same, whichever occurred last in time.
If
any provision of this agreement is found by a court of competent
jurisdiction to be invalid, the parties nevertheless agree that
the court should endeavour to give effect to the parties’
intentions as reflected in the provision, alternatively such
provision shall be severed from the remainder of this agreement
and the remaining provisions of this agreement shall remain in
full force and effect and binding on the parties.
Survivorship
All rights in and to your account or information within
your account terminate upon your death or winding-up of your
estate.
Ku-farm will upon receipt of a request from your
executor/liquidator/trustee supported by a formal letter of
authority and a copy of a death certificate or notice of winding
up, freeze your account and provide your
executor/liquidator/trustee with a statement of account. Ku-farm
will act on the instructions of your executor/liquidator/trustee
and either liquidate your funds and pay same over to your
executor/liquidator/trustee or replace you with your nominated
beneficiary after receiving his/her directions.
A position
can only be transferred to one beneficiary being a natural person
or a duly registered legal entity and Ku-farm will not split the
position amongst multiple beneficiaries.
Declaration
By accepting herein below, I confirm that I have carefully
read, understood, and I agree to comply with Ku-farm’s Terms and
Conditions and Policies and Procedures.
I further agree to
and understand that Ku-farm’s Policies and Procedures are binding
on myself or myself and the entity that I represent if I am a
proxy and form part of this agreement.
I understand that I
must be in good standing and must not be in violation of any of
the terms of the general policies and terms and conditions of
Ku-farm in order for myself or the entity that I represent as
proxy to be eligible and to receive to any bonuses or payments
from Ku-Farm.
The continuation of my CIL membership, use of
the Ku-farm website services and my acceptance of bonuses or
payments shall constitute my acceptance of the general policies
and procedures and terms and conditions and any and all amendments
pertaining to both of the aforesaid.
It is required of you as
a member of Ku-farm to understand and to wholly abide by the laws
of your country in relation to whichever of your country’s laws
may have an effect on your membership and use of Ku-Farm.
SECTION: 3
Ku-farm INVESTMENT LTD (Ku-farm)
GENERAL POLICIES
Throughout
these policies and procedures, when the term “agreement” is used,
it collectively refers to the Ku-farm Referral Application, the
Ku-farm Policies and Procedures, the Ku-farm Bonuses, together
with the terms and conditions in part A hereof.
Notwithstanding
anything stated in the aforementioned, it remains the
responsibility of each member to read, understand, adhere to, and
ensure that he or she is aware of, and operates under the most
current version of these policies and procedures. It also remains
the sole responsibility of the member to ensure that all their
downline referrals are aware of any amendments.
When
enrolling a new Member, it is the responsibility of the sponsor to
provide the most current version of these policies and procedures,
the Ku-farm’s terms and conditions and the Referral and Bonus Plan
to the applicant, prior to his or her execution of the Referral
Agreement.
Ethics
Ku-farm conducts business in an ethical
and credible manner based on Ku-farm’s core value of Integrity,
which requires that every member deal ethically with their
customers, with each other and with Ku-Farm.
Ku-farm permits
no unethical or illegal activity, nor shall it be held liable for
set actions or behaviour.
Ku-farm will intercede when such
behaviour is brought to the attention of Ku-farm, as such Ku-farm
reserves the right exercise its best judgment in deciding whether
certain member activities are unethical. The decision of Ku-farm
is final.
Furthermore, Ku-farm may use its own discretion in
determining the appropriate course of action, unless the
transgression requires legal action.
If Ku-farm determines
that unethical activities may exist, it reserves the right to
suspend or terminate member status, including but not limited to,
all bonuses and payments of any kind.
Under no circumstances
is a member, whose membership is terminated for unethical or
illegal activity, entitled to sell or transfer their position.
Examples
of unethical behaviour include, but are not limited to, the
following:
making any false or misleading remarks,
statements, innuendos or spreading rumours that may disparage
Ku-farm, its products or services, its bonus plan, its employees,
its founders or other Ku-farm Members or business partners.
making
any claim regarding Ku-farm’s products that are not found on
Ku-farm’s current websites or official referral material.
making
unapproved income claims or revealing the amount of income you are
or have received through Ku-farm without prior consent from the
Ku-farm Governing Body.
using any of the information in your
back office or activity report in a manner to influence another
Ku-farm member to alter their relationship with Ku-farm in any
manner whatsoever.
using the information in your back office
or activity report to compete with Ku-farm in any manner
whatsoever, either directly or indirectly, personally or through
an agent or third party.
providing, selling or revealing any
customer lists and/or their contact information that appears in
your activity report or downline report to a third party.
This includes the customer lists and/or their contact information
that belongs to Ku-farm or appears in any other member’s activity
report or downline report.
directly or indirectly disclosing
the password or other access code to your back office or activity
report.
forging any signature, including electronic
signatures on any document.
making any unauthorized use of
the Ku-farm ’s name, logos, photos, videos, trademarks or
copyrighted material in any way or fashion OR deviating from the
content thereof in any form or manner.
violation of any
government laws or regulations.
competing with the Ku-farm’s
products or services directly or indirectly through association
with another business or through your own personal efforts which
includes efforts to try and recruit Ku-farm members to other
platforms in competition with Ku-farm whether directly or
indirectly.
behaving aggressively or using abusive language,
mistreatment, or any other inappropriate behaviour toward any
Ku-farm employee, founder or another Ku-farm member.
publishing
of any confidential information, including personal account
statements, growth margins or profit guarantees on any social
media platform or any other public platform.
engaging,
promote or encourage any activity, behaviour, scheme, abuse or
conduct in order to obtain an undue financial benefit through the
compensation plan or the bonus plan.
Key Words, Phrases,
Expressions and Acronyms not permitted by Ku-farm
Members may
under no circumstances use any of the following or similar words
Key Words, Phrases, Expressions and Acronyms when communicating in
any manner, on any topic, through any communication medium
including verbal with any other person about Ku-farm:
Print
Money
Printing Money
Pyramid
Pyramid-Scheme
Get
Rich making system
Get Rich Quickly
Fast Money
Money
Machine
Use of such Key Words, Phrases, Expressions and
Acronyms Members is seen in a serious light by Ku-farm and can
result in a member being suspended and the member’s account being
closed.
Recruiting
Crossline recruiting is not
permitted. Crossline Recruiting definition: the
"recruiting/approaching of a “Ku-farm” member who is not your own
“Ku-farm” personal direct" into/for another opportunity.
A
member may not solicit an individual or entity that has previously
been sponsored by another Ku-farm member (or who is considering
joining Ku-farm and being sponsored by another member) to join
their Ku-farm business in such member’s bonus line.
A member
may not register and fund a potential new member without their
consent/authorisation in an attempt to lock them in their
organization.
Territorial Rights/Conducting business across
International Borders
Members may refer and sponsor new
members in any country where Ku-farm conducts business, without
exclusivity.
Members conducting business in foreign countries
must adhere to the Ku-farm terms and conditions and policies and
procedures governing activities in such countries.
Members
are responsible for knowing and adhering to all laws and accepted
business practices within the countries in which they choose to
refer. This includes, but is not limited to, customs and
immigration laws and accepted marketing practices and competition
laws.
Qualification Requirements for Payment
Ku-farm offers a variety of different options which enable
the member to earn income through its Bonus Plan.
Some of
these payment plans require that the Member must be qualified.
Qualification
requirements are defined in the Bonus Plan.
it is the
responsibility of the member to continually check and to ensure
that they are qualified for each individual bonus plan which may
require qualifications.
Ku-farm will not be obligated, nor
held liable, to pay for any bonus plan where a member may fall out
of qualification.
Referral commission payments are paid to
referrers within seven (7) days from a referee depositing his/her
bitcoin in Ku-farm and the payment has been confirmed.
Ku-farm
reserves the right to void and recover the referral bonus in full
or part thereof should any irregularities occur within an eight
(8) week period; this measure is implemented to protect the
integrity of the Compensation Plan, The Bonus Plan and the
administration of Ku-Farm.
General Rules
Always introduce and refer to yourself as an Ku-farm
member.
You should never give the impression that you
represent Ku-farm in any way as an employee or an official
agent.
The use of Ku-farm’s logos, trademarks, trade names or
service marks are strictly prohibited without prior, written
approval from the Ku-farm Governing body.
Make sure that when
you design any marketing or communication material, that it
clearly shows that it is coming from you as a member and is not
produced by Ku-farm in any way, shape or form.
You may use
Ku-farm’s written information that is commonly found in current
referral materials; you may not do so word for word (“ad
verbatim”), without prior, written approval from the Ku-farm
Governing body, noting that Ku-farm’s materials are protected by
copyright laws and trademarks.
You may never make any
promises of income, or forecasts of any nature of set growth
percentages.
Ku-farm will not and cannot be held liable for
any losses of whatsoever nature due to unfulfilled promises to
prospective members or third parties by any other existing
members.
Trademarks and Copyrights Ku-farm will not allow the
use of its trade names, trademarks, designs, photos, videos, audio
recordings or symbols by any person, including any Ku-farm member,
without its prior, written permission of the Ku-farm Governing
Body.
Members may not produce, for sale or distribution, any
recorded Ku-farm events and speeches without written permission
from the Ku-farm Governing Body, nor may members reproduce, for
sale or for personal use, any recording of Ku-farm-produced audio
or videotape presentations.
Events
Ku-farm supports the
practice of Regional and Local Training Events, "Personal Business
Opportunity Meetings” and Private Business Receptions, as they are
valuable educational platforms when conducted properly with both
professionalism and integrity.
Remuneration of Fees for
Action taken by Ku-farm
Ku-farm reserves the right to pursue
the remuneration of any legal or operational fees or the recovery
for any damages as a result of any policy violation by any Ku-farm
member.
Ku-farm further reserves the right to recoup such
costs from future bonuses or other payments of such defaulting
member.
Privacy of Personal Information
Ku-farm has a strong commitment to protecting the privacy
of its customers and members and their personal information.
Unauthorized
disclosure or access of personal information by any member or
proxy, including but not limited to, account information or
personal identification number, is a violation of Ku-farm privacy
policy, and is strictly prohibited.
Further Limitations
Ku-farm
reserves the right to limit or disallow any marketing activities
that cast negative aspersions on the integrity, truthfulness,
and/or reputation of Ku-farm or its members.
Members will
adhere to the advertising and representative guideline set forth
by the Ku-farm Governing Body.
Members may not interfere with
the trading activities or decisions of Ku-farm under any
circumstances and will direct any query relating to trading, to
the Ku-farm Support Team.
If any query is related to a
financial or accounting nature, the Ku-farm Member will be able to
communicate and interact with the Tier2 and Tier3 Support in
respect thereof.
Members may not place any trading orders nor
instruct Ku-farm or the Governing Body in respect of the trading
activities or otherwise interfere with the trading pool
activities.
Conclusion
The rules and regulations
outlined in this document are intended to protect the Ku-farm
opportunity for and the interests of all involved which includes
the owners, directors, officers and employees and every member of
Ku-farm and members are implored to adhere to the terms and
conditions, as well as the policies and procedures, as set forth
herein to ensure that you are in compliance.
Please note that
any infraction of these rules and regulations may result in
suspension or immediate deactivation/termination of your
membership.
Declaration
By accepting herein below, I
confirm that I have carefully read, understood, and I agree to
comply with Ku-farm’s Terms and Conditions and Policies and
Procedures.
I further agree and understand that Ku-farm’s
Policies and Procedures are binding and form part of this
agreement.
I understand that I must be in good standing and
not in violation of any of the terms of this agreement in order to
be eligible to receive any bonuses or payments from Ku-Farm.
The
continuation of my Ku-farm membership or my acceptance of bonuses
or payments shall constitute my acceptance of the terms and
conditions, the policies and procedures and any and all amendments
pertaining to both of the aforesaid.
SECTION: 4
Ku-farm INVESTMENT LTD (Ku-farm)
CORE VALUES (ALSO
KNOWN AS BRAND VALUES)
Introduction
Ku-farm
takes great pride in its Core / Brand Values and expects its
leadership, staff and members to abide by these values in their
dealings with one another and others not part of the Ku-farm
family.
Ku-farm Core / Brand Values
Family – "The love
of family and the admiration of friends is much more important
than wealth and privilege." ~ Charles Kuralt
Passion – we
take pride in everything we do.
Fairness – we are objective
and impartial in all our dealings.
Caring – we communicate
honestly and respectfully.
Integrity – we are honest,
transparent and committed to doing what is best for our members
and our company.
Excellence – we strive to be the best in all
we do.
Partnership and Collaboration – we rely on each other
to learn and grow.
Compassion – "Compassion is the greatest
form of love humans have to offer." ~ Rachael Joy Scott
SECTION: 5
Ku-farm
CODE OF CONDUCT
Your Conduct - What
you cannot do:
You agree not to:
Use the Ku-farm
website or cause it to be used for any unlawful purposes.
Use
any information obtained from this website to transmit or
authorize the transmission of junk mail, chain letters, or
unsolicited emails or social media publications.
Interfere
with, disrupt, or create an undue burden on Ku-farm’s operation of
its website or administration in general.
Use any robot,
spider, or other device or process to retrieve, index, or in any
other way reproduce, modify or circumvent the navigational
structure, security or presentation of this website, or cause it
to happen.
Make any false, misleading or disparaging
statements about Ku-farm, its employees or Founders, the Ku-farm
Bonus Plan, or any registered members, previous and/or current or
their positions or the Ku-farm mission and vision.
Display of
any trading results or bonuses without prior consent from the
Ku-farm governing body and affected member/s,
The making of
income projections and use of income testimonials to the public,
which is strictly prohibited.
Your Conduct – What you can and
are encouraged to do
You will conduct yourself as a member in
a courteous, fair and ethical manner. In the case of juristic,
legal or entities other than individuals, these terms and
conditions shall apply mutatis mutandis to all persons involved in
and representative of such entities.
You are responsible for
supervising and supporting the members you refer to Ku-farm and in
your commissionable downline; this responsibility lies with you to
ensure that the referred members have acquainted themselves with
the terms and conditions of Ku-Farm. You acknowledge that you are
not a Financial Advisor (if not registered as one by the competent
authority) and that you are not entitled, qualified or allowed to
provide financial or investment advice to any person or entity.
You
agree and undertake to maintain monthly communication and support
to these members in your commissionable downline by way of any of
the following or combination thereof: Personal contact, telephone
communication, written communication and attendance at member
meetings.
You will not promote, take part or assist any other
person/s in any activity to destabilize the binary system or Bonus
Plan or to obtain any undue financial gain through activities such
as rolling deposits and/or other similar types of unethical
financial behaviour.
You undertake to keep any and all
Ku-farm statements private and confidential. You agree that you
will not publish any statements, profits and the like on social
media or any other platform, web site or search engine which is
subject to public consumption. You further agree that you shall
not produce, or cause to be produced, any form of other media for
public consumption, relating to statements, Ku-farm returns or
profits, be it print or digital.
Non Compliance –
Consequence
You understand that if you fail to comply with
the terms of this agreement or policies and procedures of Ku-farm,
or any part of this agreement, Ku-farm, at its discretion, may
terminate your membership or impose upon you other disciplinary
action, including, but not limited to the forfeiture of bonuses,
loss of all or part of your downline referral organization,
irrespective of the pending or allocated status of such
bonuses.
If you are in breach, default or violation of the
agreement at termination, you will not be entitled to receive any
further bonuses.
If this agreement is terminated for any
reason, you will forever lose your rights as a member, including
rights to your downline referral organization, and rights to Bonus
pursuant to Ku-farm’s Bonus Plan.
Ku-farm also offers
members an opportunity to earn an OPTIONAL and additional income.
The undermentioned income streams are subject to the qualification
requirements as set out herein and must be read together with the
Terms and Conditions published on the Ku-farm Website.
SECTION: 6
Ku-farm (Ku-farm)
SPONSOR
Any club member
can become a Sponsoring member on the condition that:
The
member accepted the Terms and Conditions as set out in this
Ku-farm agreement, the qualification criteria for the 5% Referral
Bonus Plan,
In case the Sponsor member do not click the
acceptance of the terms and conditions in the back office, the
member will not be able to send referral links or invite new
members to Ku-Farm. This member will then only be qualified to
partake in the daily trading activities of Ku-Farm.
The
sponsoring must be active and compliant member in order retain
Sponsor status and qualify for all the bonus plans.
Should a
member be investigated due to any misconduct will Ku-farm
suspend/disable the sponsoring member’s access to the back office
and will the sponsoring member not be able to refer any new
members until finalization of the investigation by Ku-Farm.
Ku-farm
reserves the right, to reject a Sponsor application without
stating reasons.
In case of breach of the obligations listed
in the General Terms and Conditions or this Agreement shall
Ku-farm be entitled to terminate the Sponsor Agreement without
prior notification and with immediate effect.
Furthermore, in
case of immediate termination, Ku-farm expressly reserves the
right to claim compensation from the default member my means of
legal action or by setting off any loss Ku-farm may have suffered
by:
Deducting the amount from any bonus due and pending to
the member, or;
Should the debt not be satisfied in full
through the implementation of paragraph 3 (V) a. then Ku-farm
reserves the right to seize and freeze the member’s capital amount
pending legal action.
STATUS OF THE SPONSOR MEMBER AS AN ENTREPRENEUR AND OBLIGATIONS
OF THE SPONSOR MEMBER
The sponsor member acts independent from Ku-farm .
The
sponsor member is not an employee, commercial representative or
agent of Ku-Farm.
The sponsor member bears all risks
connected to their business activity, including bearing all
business costs in relation to their referral activities and has
now claim against Ku-farm for any such costs.
During its
activity the sponsor member may not harm third parties’ rights,
may not bother third parties and may not violate effective laws
applicable in its country.
In case of sending electronic
marketing materials, no unwanted electronic advertisements may be
sent, marketing faxes, text messages or marketing phone calls can
be made (even using automated call centres).
No irregular or
illegal activity may be performed, e.g. unauthorized or incorrect
marketing activity. Especially, the sponsor member may not
communicate false or deceiving data with regard to Ku-farm and its
services.
Sponsor members is not entitled to sell the
products and services of other companies to other members of
Ku-farm by using the Ku-farm members list as a source of
prospecting.
The sponsor member is obliged to keep the
business secrets and structure of Ku-farm confidential.
Ku-farm
provides marketing and sale-documentation controlled from all
aspects for all countries that are located in the website of the
Ku-farm back office. It is forbidden to use, produce and market
own brochures, own product brochures or other individually created
press and marketing materials, without the prior written approval
of Ku-Farm. This approval may be withdrawn at any time. The
services of Ku-farm through the Internet may only be marketed with
the use of the marketing devices and marketing communication
material provided. The sponsor member may not publish data
regarding this. In case the sponsor member advertises the services
of Ku-farm on other Internet media.
The sponsor member may
not sell or otherwise propagate their own marketing and/or written
documentation or multimedia productions to other Ku-farm members,
furthermore they may not publish those in any way.
During its
business activity the sponsor member may not convey an impression
that he is acting as an agent or representative of Ku-farm and may
not convey an impression, that he depends on Ku-farm and follows
its orders.
The sponsor member may not take money
representing Ku-farm, furthermore is not entitled to make any
declaration or undertake any obligations as if representing
Ku-Farm.
During the marketing activity, the sponsor member
has to abstain from fraudulent commercial practices. The sponsor
member is expressly obliged to introduce himself as an independent
and individual commercial member of Ku-Farm.
The Internet
sites, letter-papers, business cards, furthermore advertisements,
marketing material and such shall indicate the sponsor member as
individually liable, and these materials have to contain the
“individual business member of Ku-farm” text.
The sponsor
member is not allowed to take up a loan, pay costs, undertake
obligations, open a bank account, conclude other contracts or make
a declaration containing obligations using the name of Ku-Farm.
During
its business activity the sponsor member may not mention
negatively, detractingly or otherwise illegally the brand names of
the competition, may not evaluate other companies negatively or
detractingly, furthermore may not apply negative, despising or
other illegal evaluation in order to recruit members of other
companies.
All presentations, marketing, educational and film
material provided in the back office (including photos) is under
the intellectual property protection of Ku-Farm. These materials
may not be either partly or totally multiplied, spread or
published without the express written consent of Ku-Farm.
The
use of the name, trade name, titles and business names
(hereinafter referred to as: ’distinguishing marks’) is also only
allowed with the prior written approval of Ku-Farm. The same is
applicable to the registration of such domain names and e-mail
addresses that contain a characteristic of Ku-farm in any form.
Ku-farm may request, that those Internet domain names or e-mail
addresses, that contain some kind of Ku-farm characteristic, and
the use of which were not approved by Ku-farm in writing, should
be deleted, furthermore in case of Internet domain these should be
transferred to Ku-Farm. In case of transfer, Ku-farm undertakes to
compensate the costs of the transfer of the Internet domain.
Bonus
manipulations are forbidden including but not limited to rolling
deposits. It is forbidden among others to sponsor new members, who
actually does not perform business activity connected to Ku-farm
(so-called strawman), furthermore either open or hidden multiplied
registrations. It is forbidden to use the name of spouses,
relatives, business names, legal entities and third parties, in
order to evade this provision.
Any sponsor member who wishes
to continue their sponsor member activity on another sponsor line
can request the deletion of their position in Ku-farm in writing.
This request must clearly state the reason why you want to move to
another line, confirmation that your sponsor is aware of the
request and reasons for the request. Ku-farm will then consider
the request and provide the member with the outcome.
The
sponsor member cannot answer questions of the press in connection
with Ku-farm, its services, the Compensation Plan of Ku-farm or
other services offered by Ku-Farm. The sponsor member is obliged
to forward all questions from the press immediately to Ku-Farm.
The
sponsor member shall be obliged to support and train its downline
members. For example the sponsor is obliged – including but not
limited to – provide training to its personally sponsored and
spill-over members regarding the terms and conditions, the
compensation plan, security of their passwords and emails, 2FA
registration, and the use of back office. The sponsor receives no
compensation for this activity, since they receive bonuses on the
volume of their down line.
In the course of their activities,
the sponsor member cannot communicate via any means, may not
propagate in any way any content regarding their own or others’
gender, racial identity, colour, nationality, belonging to a
national or ethnic minority, mother tongue, disability, health
status, religious or world views, political or other opinion,
family status, sexual preferences, gender identity, age, social
origin, economic status, belonging to any trade associations, this
includes audio and video recordings, images, texts, computer files
and codes, websites, social media sites, hidden implications
etc.
The sponsor member must conduct business in an ethical
and credible manner and requires its downline members to deal
ethically with their customers, with each other and with
Ku-Farm.
If Ku-farm determines that unethical activities may
exist on the part of the referring/sponsor member, it reserves the
right to warn, suspend or terminate the member status, including
but not limited to, all bonuses and payments of any kind.
Under
no circumstances is a sponsor member, whose membership is
terminated for unethical or illegal activity, entitled to sell or
transfer their position.
Not take part in the planning,
executing, forming, or creating a group of self-owned causally
linked positions for the purpose of gaining additional profits,
commonly known as “Stacking”. This formation is strictly
prohibited.
Examples of unethical behaviour include, but are
not limited to, the following: -
Making unapproved income
claims or revealing the amount of income you are or have received
through Ku-farm without prior consent from the Ku-farm Governing
Body.
Use any of the information in your back office or
activity report in a manner to influence another Ku-farm member to
alter their relationship with Ku-farm in any manner whatsoever.
Use
the information in your back office or activity report to compete
with Ku-farm in any manner whatsoever, either directly or
indirectly, personally or through an agent or third party.
Providing,
selling or revealing any customer lists and/or their contact
information that appears in your activity report or downline
report to a third party. This includes the customer lists and/or
their contact information that belongs to Ku-farm or appears in
any other member’s activity report or downline report.
Directly
or indirectly disclose the password or other access code to your
or your referrals back office or activity reports.
Forging
any signature, including electronic signatures on any document.
Competing
with the Ku-farm’s services directly or indirectly through
association with another business or through your own personal
efforts.
Aggressive or abusive language, behaviour or
treatment or any inappropriate behaviour toward any Ku-farm
employee, founder or another Ku-farm member.
Engage, promote
or encourage any activity, behaviour, scheme, abuse or conduct in
order to obtain an undue financial benefit through the
compensation plan or the bonus plan.
Sponsor members will in
the course of recruiting not make themselves guilty of:
Crossline
recruiting is not permitted. Crossline Recruiting is the
recruiting/approaching of any current Ku-farm member/s who is
already referred and signed up in the Ku-farm structure.
A
member may not solicit an individual or entity that has previously
been sponsored by another Ku-farm member (or who is considering
joining Ku-farm and being sponsored by another member) to join
their Ku-farm business in such member’s bonus line.
A member
may not register and fund a potential new member without their
consent/authorisation in an attempt to lock them in their
organization.
PROTECTION OF THE SPONSOR, EXCLUSION OF
TERRITORIAL PROTECTION, SPECIAL RIGHTS
A newly referred
member will be linked to the organization of the sponsor who
referred that person for the first time to Ku-farm (sponsor
protection). The funding of the account BY the new member shall be
the indicating factor of determining the sponsor. In case two
sponsor member, intend to indicate the same new member as
sponsored, then Ku-farm will only take the sponsor indicated at
the first account deposit.
The observance of the sponsor
lines is the basic principle of Ku-farm that is necessary for the
protection of all sponsor members.
In case a member tries to
register himself several times through a strawman, spouse, other
relative/s, trade name, or legal entity at Ku-farm in order to
change binary legs, or by giving false data create such a new
sponsor member relationship, it may cause the immediate
termination of the member status without warning.
Ku-farm is
entitled to delete the name and addresses of the sponsor member
from the system, in case mails are sent back with the following
signs: ’invalid e mail address’, or similar and the member does
not correct the false data within a 7 working days period.
Members
may refer and sponsor new members in any country where Ku-farm
conducts business, without exclusivity.
Members conducting
business in foreign countries must adhere to the Ku-farm terms and
conditions and policies and procedures governing activities in
such countries.
Members and sponsors are responsible for
knowing and adhering to all laws and accepted business practices
within the countries in which they choose to refer. This includes
marketing practices and competition laws.
PAYMENT CONDITIONS,
PAYMENT METHODS OF THE BONUSSES, TRANSFER PROHIBITION
Ku-farm
offers a variety of different options which allows the member to
earn income through its Bonus Plan.
Some of these payment
plans require the member and sponsor to be qualified.
Qualification requirements are defined in the Bonus Plan. It is
the responsibility of the member and sponsor to continually check
and to ensure that they are qualified for each individual bonus
plan which may require qualifications. Ku-farm will not be
obligated compensate a member who may fall out of
qualification.
Referral bonus payments are paid to referrers
from a referee depositing his/her bitcoin in Ku-farm if his/her
payment has been confirmed. Ku-farm reserves the right to void and
recover the referral bonus in full or part thereof should any
irregularities occur within an eight (8) week period. This measure
protects the integrity of the Compensation Plan, The Bonus Plan
and the administration of Ku-Farm.
The payment of bonuses of
the sponsor member shall take place in the back office.
The
possibilities and qualifications for receiving bonuses are
published in the Compensation plan.
The sponsor member may
not assign or offer as security its rights resulting from the
Compensation Plan.
The Agreement may not be encumbered with
the rights of third parties.
If a members referrer withdraws
his or her bitcoin deposit within 7(SEVEN) days from the date of
deposit the sponsor will forfeit the 5% referral bonus.
SECTION 7
Compliance on Early Stage Token Investing
All accredited and Unaccredited Investors are expected to do a KYC.
Both Accredited and Unaccredited Investors must notify if they are investing as an individual or Jointly.
If you are investing Jointly in the early stage Token you must clearly notify and you will be given a due process to follow. If for any reasons this option is violated and we notice, this will lead to a penalty on the defaulted account.
All Accredited Investors must provide Supporting documentation that you are an accredited investor with one of the three options below:
$1m net worth, not including primary residence, by providing brokerage statement AND full credit report
Written confirmation from lawyer, CPA, RIA or broker dealer attesting that you are an accredited investor
If you are FINRA licensed individual with Series 7, 65 or 82, please provide your CRD number
DISABLING/SUSPENSION OF SPONSOR MEMBER
Irrespective of the reasons for disabling/suspending
mentioned in the General Terms and Conditions and this Agreement
Ku-farm reserves the right to disable/suspend the sponsor member
due to serious reasons.
Ku-farm expressly reserves the right
to disable/suspend the online access of the sponsor member to the
system without deadline, in case the sponsor member breaches the
obligations mentioned in the terms and conditions and this
agreement or breaches other legal provisions or there is other
serious reason, and the sponsor member fails to terminate the
breach at the notification of Ku-farm within the deadline
determined by Ku-Farm.
TERMINATION OF THE AGREEMENT, CONSEQUENCES OF TERMINATION,
DEATH OF THE SPONSOR MEMBER
This Sponsor member Agreement terminates due to the
following:
Upon the death, liquidation or sequestration of
the sponsor member, or
When the sponsor member is removed
from the system due to misconduct of any nature, or:
If the
member registration is terminated by either the member or Ku-farm
.
The agreement may be inherited by observing the legal
conditions in the General Terms and Conditions under
Survivorship.
Following the termination of the Agreement is
it forbidden to use such Internet domain or e-mail addresses that
contain the Ku-farm name, or any Ku-farm brand name, trade name or
title.
In the case of Internet domains the sponsor member has
to hand these over to Ku-farm, and Ku-farm pay the transfer costs
should Ku-farm have provided the sponsor with prior permission to
use same. If prior permission were not granted then the sponsor
will be liable for the transfer cost.
Following the
termination of the agreement by the sponsor member other than for
misconduct, the sponsor may only re-register with Ku-farm after
the 1 month have passed.
The sponsor member may send a
request to the e-mail address block-wave.live to ask for
permission re-register within one month after termination with the
indication of his future sponsor. Ku-farm will inform the sponsor
member via a message sent to the sponsor member registered e-mail
address about the acceptance or denial of the request.
The
sponsor member may conclude a new registration without special
written consent 6 months after the termination of the first
agreement.
Following the termination of the agreement the
sponsor member shall not be entitled to receive bonuses from its
downline structure and forfeits any right thereto due to the
cancellation of the agreement for any reason.
TRANSFER OF THE SPONSORED STRUCTURE TO THIRD PARTIES
No account shall be ceded or assigned to any third party,
due to the risk of cybercrimes. Despite any other terms and
conditions contained herein, Ku-farm reserves the right, in
exceptional circumstances, to change the account holder detail.
HANDLING OF WRITTEN QUERIES
The lead time of the investigation providing the basis for
the assessment of questions, requests or occurring complaints
received by Ku-farm in writing is 7 days.
The support section
of Ku-farm will deal with all queries related to the back office
and queries submitted to block-wave.live. This email address will
also be the only forum wherein queries and requests will be
entertained.
Social media requests to management of Ku-farm
is not allowed or permitted.
CLOSING PROVISIONS, ESCAPE CLAUSE
Ku-farm shall
be entitled to modify this General Terms and Conditions for
sponsor members from time to time. The modifications are published
by Ku-farm in the official Ku-farm website www.Ku-farm
The
modifications and amendments of this Agreement are valid
exclusively in writing.
In case any provision of this
Agreement for sponsors becomes invalid or is incomplete, it does
not result in the invalidity of the whole Agreement, but the
invalid or incomplete provision shall be substituted with a
provision that is closest to the invalid or incomplete provision
from an economic point of view. The same applies to the
termination of shortcomings demanding valid regulation.