1. The mutual obligations
1.1. In order to promote the activities of the BeGold company and increase sales of its products, the company enables the broker to carry out advisory, informational and promotional activities.
1.2. Broker receives remuneration in the form of bonuses serving customers and partners of the BeGold company, which were established as a result of consultation, information and promotional activities.
1.3. Broker shall be entitled to receive remuneration in accordance with the company's BeGold marketing program, creating and directing its own structure in the company.
1.4. All payments are made by bank transfer and electronic payment systems which are the partners of the company BeGold, the broker may not accept payment from a customer.
1.5. BeGold Company does not provide personal information relating to their brokers with any third party, except cases provided for by law.
1.6. Broker agree to keep in secret all information concerning clients and parterres of BeGold company, both during and after termination of the contract.
1.7. It is forbidden to give binding promises and statements on behalf of the BeGold company, as well as enter into other transactions with customers, without the written consent of the company.
2. Obligations of the Broker
2.1. In cases when it becomes necessary, the broker must inform the client of the BeGold company about the company's activities and related risks due to fluctuations in the financial markets.
2.2. Broker has no right to provide false and inaccurate information to customers concerning the BeGold company, as well as the use of intrusive and aggressive methods of advertising in the interests of the company.
2.3. Broker has no right to promise a profit and must allow the customer to take its decision about cooperation with the company.
2.4. Broker shall cover all necessary expenses connected with promotional activities, and to carry out its activities on their own due to own means.
2.5. At occurrence any unforeseen circumstances, negatively affecting on the activity or reputation of the BeGold company, the broker shall immediately inform about these facts his direct superior agent, and the administration of the BeGold company in writing.
3. Referral program
3.1. Broker of the BeGold company is entitled to receive referral bonuses from the company according to marketing of the company. Under the terms of the marketing program, a referral system consists of 8 levels. Broker gets a referral award, depending on the level of the partner in broker's structure, who bought the investment package:
3.2. The amount of a referral bonus is 7% for the broker, a partner of which is his first line.
3.3. The amount of a referral bonus is 5% for the broker, a partner of which is his second line.
3.4. The amount of a referral bonus is 3% for the broker, a partner of which is his third line.
3.5. The amount of a referral bonus is 1% for the broker, the partners of which are his fourth-eighth lines.
3.6. Broker is forbidden to build a false chain of offices, in order to obtain illegal profits from the company otherwise, the company reserves the right to unilateral termination of the contract between the broker and the company, and lock all accounts that fall into a false chain.
4. Career growth and bonus program
4.1. BeGold Company Broker is entitled to receive career bonuses from the company according to BeGold marketing. Under the terms of the marketing program, broker must personally or jointly with the structure fulfill the sales needed to meet the conditions of the marketing program. On one of your agent can not account for more than 50% of the desired volume of sales for the next status and bonuses. Turnover is set off with your 1 level is 100% of the investment, from 2 to 8 - 50% of the amount invested your partner comes to you in turn.
4.2. After achieving a total sales in the amount of 8880 euro, broker of the company acquires the status of Active Partner and bonus compensation in the amount of 440 euro.
4.3. After achieving a total sales in the amount of 22,200 euro, broker of the company acquires the status of Consultant and bonus compensation in the amount of 888 euro.
4.4. After achieving a total sales in the amount of 44,300 euro, broker of the company acquires the status of Manager and bonus compensation in the amount of 1 770 euro.
4.5. After achieving a total sales in the amount of 88,880 euro, broker of the company acquires the status of Financial Expert and bonus compensation in the amount of 4440 euro.
4.6. After achieving a total sales in the amount of 444 000 euro, broker of the company acquires the status of Chief Financial Officer and bonus compensation in the amount of 17,700 euro.
4.7. After achieving a total sales in the amount of 888 880 euro, broker of the company acquires the status of Company's Shareholder and bonus compensation in the amount of 44 300 euro.
4.8. Payment on dividend and bonus programs made within 1-3 working days after filing of the application for payment.
4.9. With the introduction of the new bonus rewardsm broker will be further informed of all new developments, as well as any changes relating to the bonus program.
5. Advertising activity
5.1. BeGold company permits to conduct promotional activities in order to promote the company in all available media and the Internet without any restrictions.
6. Counselling centers
6.1. Brokers are entitled to organize regional counseling centers after applying for the company address and coordination of all questions with the leadership of the company BeGold.
6.2. BeGold company does not assume material and legal responsibility for the work of counseling centers on the ground and does not participate in the work of the local administrative authorities.
7. The period of the contract
7.1. This contract is for an indefinite period.
7.2. The contract may be terminated by mutual consent of the parties without prior warning.
7.3. BeGold Company is entitled to terminate the contract without notice at any time, if:
7.3.1. Broker violates applicable local and international laws;
7.3.2. Broker compromises name of the company BeGold by their actions;
7.3.3. Broker makes public and non-public statements front of other brokers, causing damage to the reputation of the company BeGold;
7.3.4. If it is determined that the broker works on the another company, carrying on the same activities, without permission of the company BeGold.
7.3.5. If it is determined that the broker has violated any of the previously listed points of the agreement.
8. Final provisions
8.1. Broker shall bear personal responsibility before the tax authorities of the country to which he belongs, for the payment of taxes on income from its activity as a broker of BeGold Limited company.
8.2. Broker shall to decide all questions connected with payment of all due to him insurance, pension, health care and other social contributions in accordance with his domestic law. BeGold Company has no obligation to pay all listed assessed contributions.
8.3. All disputes arising in connection with this Agreement shall be settled through friendly negotiations and consultations between the parties. In case of not reaching an agreement, disputes referred for settlement to the competent authority or the arbitral tribunal in accordance with current UK legislation.