Update time:[May 27, 2020]
OT Staking Transfer Agreement (" This agreement ") is a separate agreement between you and AOFEX Exchange (" AOFEX "or" the platform ") regarding your opening and use of the OT staking transfer service (" OT staking transfer service ") provided by the platform. Before confirming and signing this agreement, please read and fully understand all the terms and conditions of this agreement, especially those that exempt or limit the liability of the platform.
If you do not agree to any content of this agreement, or do not understand the meaning of this clause accurately, please do not proceed with the subsequent operation. You can ask through online customer service or via email (customer service email: firstname.lastname@example.org) so that we can explain for you. Unless you have carefully read, fully understand and agree to accept all terms of this agreement, you are not entitled to use the OT staking transfer service under this service. Your application for the opening and use of the OT staking transfer service shall be deemed to be your full understanding and consent of the contents of this agreement and the risks associated with the OT staking transfer service.
In view of the fact that:
AOFEX operator intends to issue digital asset OT (Option Token) based on ERC20, which has been open for pre-sale and subscription. OT lock-up period is 180 days, which is calculated from the date of online trading. Before the expiration of the lock-up period, users cannot make public transactions through the platform or other digital asset trading markets.
Article 1 [OT Staking Transfer Service]
- Before theexpiration of your OT staking period, if you have reached offline transfer intention with other users, our platform will provide OT staking transfer service according to your application, namely, our platform can transfer your partial or all OT still in the staking period and cannot be traded to other users’ account that appointed by you after deducting relevant fees.
- You confirm and agree that the transfer of your OT stakingto another user's account by you using the OT staking transfer service provided by the platform is a transfer that you and other users have agreed upon and voluntarily agreed upon. The risks arising from the above actions have nothing to do with the platform, and all consequences shall be borne by both parties.
Article 2. Risk Liability Exemption
2.1 You understand and agree that this service is only a platform for users to share, publish and obtain information, You must be responsible for all behaviors under your account, including authenticity, legality, accuracy and effectiveness, as well as the results of using this service. If you find that anyone violates the provisions of this agreement or uses OT staking transfer service in other improper ways, please report or complain to us immediately, and we will handle it according to law.
2.2 You understand and agree that AOFEX reserves the right to change, suspend, restrict, terminate or cancel all or part of the OT staking transfer service at any time without any notice due to the needs of business development, and users shall bear this risk.
Article 3. Laws
3.1 If AOFEX discovers or receives reports from others or complains that users violate this agreement, AOFEX reserves the right to delete the account at any time without notice including but not limited to warning, deleting some or all subscribers, restricting or prohibiting all or part of functions , blocking account until cancellation and announcement of processing results.
3.2 You understand and agree that AOFEX reserves the right to punish the violation of relevant laws and regulations in accordance with reasonable judgment, take appropriate legal actions against any person who violates laws and regulations,and save relevant information to report to relevant departments.Users shall bear all legal liabilities arising therefrom.
Article 4. Service Effective & Changed
4.1 Your use of the OT staking transfer service is deemed to have been read and agreed this Agreement.
4.2 AOFEX reserves the right to modify terms of this Agreement as necessary. You can check the latest version on relevant services.
4.3 After terms have been changed, if you continue to use OT staking transfer service, you are deemed to have accepted revised Agreement. If you do not accept revised agreement, you should stop using the service.
4.4 If you do not agree with the updated content, please immediately stop using the OT staking transfer service. If you continue to use the OT lock-up transfer service, you will be deemed to have accepted the updated contents of this Agreement.
Article 5. Others
5.1 This agreement is signed in United Kingdom.
5.2 When this Agreement conflicts laws and regulations of United Kingdom, please abide the relevant laws of United Kingdom.
5.3 To begin an arbitration proceeding of OT staking transfer service, you must send a letter requesting arbitration and describing your claims to AOFEX Prospect way royal oak industrial estate ,Daventry ,Northamptonshire ,UK, NN118PL,If we request arbitration against you, we will give you notice at the email address or street address you have provided.
5.4 The headings of this Agreement are for convenience only and no actual meaning and shall not be used as the basis for interpretation of the meaning of this agreement.
5.5 The terms of this Agreement are invalid or unenforceable in part for any reason, and other terms are still valid and binding on both parties.