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Affiliates Terms & Conditions
1. Introduction
This document covers the full set of Riches and Beyond (Pty) Ltd , (hereinafter referred to as “R&B”) Terms and Conditions which any affiliate or proxy of any entity agrees to and agrees to abide by through their action of registering on the R&B website and/or makes use of any R&B services. All such Affiliates are required to make themselves familiar with these Terms and Conditions.
2. 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 Riches and Beyond (Pty) Limited (hereinafter referred to as “R&B”).
By yourself accessing and using the R&B website and/or yourself making use of any services offered by R&B, 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 R&B and or its service providers.
This website provides all necessary information with regards to operating the Affiliate Account Dashboard, as well as details of the R&B Bonus Plan for the
additional Referrals Option.
To make use of R&B services, you will need to register and open your account on this website (“account”). You will be required to purchase any of the property training option packages within two (2) 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 R&B as set out herein
below.
3. Account Eligibility
You must:
i. 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:
a. You may not be an Affiliate of R&B 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 South Africa that age is 18 and may differ from country to country. Your legal registration with R&B will be governed by the laws ofyour applicable country under which authority you reside.
b. If you are under the age of 18 (EIGHTEEN) your legal guardian my 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 R&B in their representing capacity as legal guardian.
c. 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.
d. When the minor become of age, he/she may apply to R&B in order to provide him/her with full access to his/her account by submitting the necessary proof as required by R&B. The newly qualified Affiliate will then be bound by the terms and conditions in his/her personal capacity.
ii. 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.
iii. 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 R&B website, accessing and making use of services offered, that person or proxy will legally bind
the represented entity to the R&B 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 R&B and the entity. R&B 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, R&B reserves the right to suspend the Affiliates account until the required documents is presented.
iv. Be sponsored by an existing R&B Affiliate (“sponsor”).
v. Be responsible for your own taxes on any proceeds and the declaration thereof with your relevant tax authority. R&B does not deduct or withhold any taxes on your behalf, nor will any reporting tax related responsibilities vest in R&B.
vi. Have a valid identity document and/or certificate of incorporation/registration if you are a registered legal entity, to be eligible for an R&B Affiliate’s account.
vii. Take responsibility for maintaining and protecting the confidentiality and safekeeping of your login details, which consist of your email address and password. R&B takes no responsibility for any unauthorized access to or use of your account. In the event of a security breach on R&B’s end, R&B shall notify you as soon as practically possible, in line with the provisions of the GDPR as well as the Protection of Personal Information (POPI) Act, 4 of 2013,
Republic of South Africa.
4. Disclaimer of Warranties
You understand and acknowledge that:
i. Neither R&B 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 R&B’s reasonable control.
ii. R&B 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 R&B expressly excludes any liability for such to the fullest extent permissible by law.
iii. Information provided by R&B, 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.
iv. Your use of any information or services on this website is entirely at your own risk, for which R&B or its business partners cannot be held liable in any manner.
v. You are responsible for ensuring that any product, services or information available through this website meet your specific needs and requirements.
vi. This website may include links to other third-party websites which are not controlled by R&B, which are provided for your convenience and further information, and which you access the same at your own risk.
vii. Any and all conversations, video’s, links, documents and other information obtained directly or indirectly through the use of the R&B web site, including but not limited to any of its affiliate pages, social media links or other electronic communications, are purely for informational purposes, and shall by no means be construed as constituting financial or investment advice.
viii. R&B and its officers cannot be held liable in any manner for any consequential damages that you may occur as an Affiliate or that may be incurred by the entity that you represent as a proxy.
5. Copyright
You acknowledge and agree that the R&B website contains confidential information that is protected by COPYRIGHT © and a range of intellectual
property laws in South Africa and world-wide. R&B reserves all copyright rights worldwide.
6. R&B’s Exclusive Rights
i. You are permitted to use the R&B website provided that you do not (and do not allow any third party to):
a. 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;
b. Use modified versions of this website, including (without limitation) for the purpose of obtaining unauthorized access to the website; or
c. Access the website by any means, other than through the interface that is provided by R&B for use in accessing the website.
ii. You authorize R&B 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.
iii. You permit R&B to contact you via email or text messaging for reasons including, but not limited to, R&B announcements, bonus programs and promotions, changes in policy, etc.
iv. R&B reserves the right to withhold affiliate’s bonuses should they fail to refer seven (7) customers/affiliates to purchase one of our property
training packages.
v. R&B reserves the right, for security reasons and for the protection of the website and its Affiliates, to block withdrawals from a Affiliates account for
a period of seven (7) calendar days should any password, email address, 2FA or withdrawal Bank Account be changed.
vi. R&B reserves the right to withhold, deduct or collect from any portion of your or any accomplices money of 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.
viii. Affiliate and customer lists and names are owned by R&B and may never be used for any commercial or business purpose without the prior written
consent of R&B, its directors and officers.
7. Indemnity
i. You indemnify and release R&B 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.
ii. You understand that failure to comply with the above R&B terms and conditions and policies and procedures herein may result in the termination of
the agreement, which could result in R&B suspending your Affiliate status.
iii. You understand that any payments due to you may be delayed until final resolution has been achieved.
iv. You acknowledge that in the event of your violation of this agreement and/or R&B’s terms and conditions and/or policies and procedures, your Affiliate
rights may be terminated without further bonuses or payments of any kind, which will be forfeited to R&B.
v. You agree that you indemnify and hold R&B, 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.
vi. You acknowledge R&B’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 R&B.
8. 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.
9. 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, R&B
reserves the right, in exceptional circumstances, to change the account holder detail.
10. Amendments and variations to terms and conditions
i. R&B may amend these terms and conditions from time to time, if and when necessary without prior notice and at R&B’s sole discretion.
ii. 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.
iii. Your continued use of the web site shall be construed as an unequivocal acceptance of the terms and conditions, as amended.
iv. 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.
v. You will remain bound by these terms and conditions for a period of 24 months after cancellation of your Affiliate account and will refrain from any
conduct that will, may or could cause R&B any reputational damage.
11. Jurisdiction
This agreement and the relationship between the Affiliate and R&B shall be governed by the laws of the Republic South Africa and the Affiliate agrees to the
jurisdiction of the High Court of South Africa (any division) in terms of any legal actions actioned by either the Affiliate or R&B.
12. Waiver and Severability of Terms
i. Any failure on the part of R&B to exercise or enforce any rights or provisions of this agreement shall not constitute a waiver of such rights or
provisions.
ii. R&B reserves the right to exercise such rights or provisions within 2 years from date of the contravention of the terms and conditions or the time
R&B becomes aware of same, whichever occurred last in time.
iii. 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.
13. Survivorship
i. All rights in and to your account or information within your account terminate upon your death or winding-up of your estate.
ii. R&B 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. R&B 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.
iii. A position can only be transferred to one beneficiary being a natural person or a duly registered legal entity and R&B will not split the position
amongst multiple beneficiaries.
14. Declaration
i. By accepting herein below, I confirm that I have carefully read, understood, and I agree to comply with R&B’s Terms and Conditions and Policies and
Procedures.
ii. I further agree to and understand that R&B’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.
iii. 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
R&B in order for myself or the entity that I represent as proxy to be eligible and to receive to any bonuses or payments from R&B.
iv. The continuation of my R&B Affiliate account, use of the R&B 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.
v. It is required of you as an Affiliate of R&B 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 Affiliate account and use of R&B.
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