Account Agreement
Trident Terms of Use & Refund Policies
This ACCOUNT AGREEMENT (the “Agreement”) is made by and between Compagnie Provencale de Servies and its affiliates, (collectively “C.P.S.”) and the Client on the date first written below (the “Effective Date”). This Agreement shall be for the purchase of digital utility tokens (“Tokens”).
- Payment: Client agrees to satisfy all payments for Tokens and other relevant products purchased. Client is also responsible for any other cost imposed by any government or jurisdiction in taxing or assessments relating to Tokens or other products purchased from C.P.S.
- Delivery: Tokens purchased from C.P.S. will be delivered to the Client’s blockchain wallet within three business days of receipt and verification of Client funds.
- Refunds or Returns: All sales are final and not subject to cancellation unless the state in which the client resides provides for otherwise.
- Returns: All disputes or client concerns as to Tokens must be made to C.P.S. within 48 hours of delivery to the Client’s designated wallet, as ALL SALES OF TOKENS ARE FINAL.
- Token Pricing: The market will determine the ask price for any Token. However, it is understood that if purchased from C.P.S., C.P.S. will charge a maximum spread of between 6-10% above the spot price of gold. C.P.S. will determine its bid price, although it will never be less than four percent (4%) lower than the spot price of gold. Moreover, C.P.S. will always retain 100% of the sale price of any Token in the form of physical gold or a direct derivative of gold.
- Buy Backs: Current regulations do not allow for C.P.S. to guarantee that it will buy back Tokens as part of the conditions for purchase. As such, C.P.S. does not guarantee to buy back any Tokens that the Client purchases. C.P.S. does intend to assist Clients who wish to liquidate their Tokens. As such, if Client desires to sell the Tokens in the future, Client is able to contact C.P.S. via the tridentgold.eu website for current liquidation processing and pricing. An offer to buy back is at the sole discretion of C.P.S.
- Other Considerations: C.P.S. will not be responsible for any delays, defaults or loss due to circumstances which are outside its ability to control. C.P.S. representatives are not licensed investment advisors and are not making any recommendations for specific digital tokens, including Trident Gold tokens. No C.P.S. representation shall ever act as an agent for any Client. Client agrees that no fiduciary relationship exists between C.P.S. and Client and that the Client’s decision to purchase Tokens are Client’s decision alone.
- Warranties and Guaranties: C.P.S. expressly disclaims and rebukes any other warranties for Tokens and digital tokens. Client hereby agrees and confirms that no warranties or guarantees have been made pertaining to the future value of any token of any kind. Client agrees to notify C.P.S. immediately if any personnel of C.P.S. makes any representation of warranty or guarantee.
- Client Responsibilities: Client is responsible for implementing reasonable measures for securing the wallet, vault or other storage mechanism Client uses to receive and hold Tokens purchased from C.P.S., including any requisite private key(s) or other credentials necessary to access such storage mechanism(s). If Client private key(s) or other access credentials are lost, Client may lose access to Tokens. C.P.S. is not responsible for any such losses.
- Risk Disclosures and Other Important Disclaimers: Digital tokens is a new asset class with a limited track record. As of the date of this Agreement, C.P.S. believes that Tokens, like physical precious metals, are commodities. There is no legal requirement that any provider of goods and services will accept it as payment. Further, the regulatory framework governing digital tokens is constantly evolving, both in the U.S. and around the globe. Regulatory developments could impact Tokens availability or pricing or holding Tokens in retirement and investment accounts. Technological advances and other developments may impact the market as well. C.P.S. does not mine Tokens or operate as an exchange. C.P.S. is not in the money services business or engaged in Initial Coin Offering activities.
- Entire Agreement: This Agreement sets forth the entire agreement between C.P.S. and Client and supersedes all prior negotiations, understandings and agreements between the Parties and shall be considered the final and exclusive contract between the parties. No amendment or modification, oral or otherwise written, of this Agreement shall be made.
- Severability: If any provision or part of this Agreement is for any reason whatsoever be adjudged by any court or tribunal of competent jurisdiction or be held to be invalid, unenforceable or illegal, such judgment or holding shall not affect, impair or invalidate the remainder of this Agreement, but shall be confined in its operation to the provision or part of this Agreement directly involved in the matter, controversy or proceeding in which such judgment or holding shall have been rendered, and the remainder of this Agreement shall remain in full force and effect.
