The following terms shall have the following meanings ascribed to them unless they have other construed in the context.
1.1. Agreement: refers to the CoinTiger Service Agreement and its all clauses, details and information in its appendixes.
1.2. Party B: refers to CoinTiger platform, which is a global and innovative crypto asset exchange that provides professional digital asset exchange and management solutions.
1.3. Party A: refers to authentication user that had already registered on CoinTiger ,also referred to as a “locking person”, to whom CoinTiger provides asset lockup services.
1.4. Lockup period: refers to the period of time during when the locking person authorizes CoinTiger to lock up its assets, beginning from the date on when Party A pays the locked assets. The lockup period is the same as the valid time of this Agreement. term of this Agreement.
1.5. Annual rate of return: refers to the annualized rate of return expected by the locking person.
1.6. Workday: Refers to the working days that stipulated in Singapore law refers to a workday under the law of Singapore (statutory working days)
1.7. Month: refers to a calendar month.
Article 2 Party A’s Rights and Obligations
2.1. During the service period, Party A are not eligible towithdraw their locked assets or terminate the lockup.
2.2. After the end of the service period, Party B shall, as authorized by Party A, assist Party A in applying for withdrawal of their assets and their transfer back to Party A’s account.
2.3. Party A shall, from the date of signing this agreement, be deemed to have voluntarily accepted the contents agreed upon in all the terms of this agreement
2.4. Party A entrusts Cointiger platform to lock Party A's assets in one-off full (or part) payment to the Cointiger platform.
2.5. Party A have the right to request party B to provide an asset’ lockup report.
2.6. Party A need to guarantee that all information it provides to CoinTiger is truthful, accurate and complete.
2.7. Party A need to guarantee that all locked assets are its own legitimate assets. Party A shall be responsible for resolving any dispute with a third party arising in connection with the ownership or legitimacy of its assets and shall compensate Party B for any economic losses thereby caused to Party B.
2.8. Party A shall notify Party B of any change in related to significant information including account information, email address and phone number within three workdays after the said change; otherwise Party A shall be solely responsible for all losses it suffers due to its failure to notify Party B in a timely way.
2.9. In the event that Party A’s locked assets are inherited or bestowed, the successor or bestowee that claims for the rights shall provide relevant notarized proof documents to Party B subject to Party B’s confirmation before Party B assists in the transfer of the underlying creditor’s rights and all taxes and fees resulting from the transfer shall be declared and paid by the claiming successor or bestowee to the competent tax authorities. Party B will not be responsible for handling the related formalities.
2.10. The relevant taxes and fees that incurred by party A in the process of assets’ lock-up and transfer shall be declared and paid by party A to the competent tax authorities themselves, but in accordance to the relevant laws and regulations, party B shall be obliged to withhold and pay the said amounts directly with tax certificates to party A.
2.11. Party A confirms and agrees that all Agreement related written documents or electronic information provided by Party B constitute an integral part of this Agreement.
3.1. Party B shall provide Party A with information services and safeguard Party A’s lawful rights and interests in accordance with the principles of conformity with the law, integrity, voluntariness and fairness.
3.2. Party A shall provide necessary assistance for Party B in providing it with asset lockup services (by, including but not limited to, signing relevant powers of attorney).
Party B shall provide the assets lockup related services for party A, and party A must provide necessary assistance (including but not limited to signing the relevant power of attorney) when providing the aforementioned related services to party A.
3.3. Party B may, as required by competent authorities including local government and industry association, report or transmit Party A’s asset information on CoinTiger platform to the said government department, industry association or related databases.
3.4. Party A shall keep confidential for Party A’s identity information, asset information and related service information in accordance with the law.
4.1. Governing law. All matters relating to this agreement, including but not limited to the effect, construction, performance and dispute resolution of this agreement, shall be governed by the laws of the place where CoinTiger is registered. In the event that any part of this agreement is in conflict with any mandatory rules, this agreement shall be construed and enforced to the great extent not prohibited by the mandatory rules, and any provisions that conflict with mandatory rules shall not affect the validity of the remainder of this agreement.
4.2. Dispute resolution. The parties agree that any dispute arising out of this agreement, regardless of the amount at issue, shall be submitted to the local arbitral commission for arbitration in accordance with its current arbitral rules by summary procedure. The arbitral award shall be final and binding upon the parties.
4.3. During the arbitration, the provisions of this agreement that are not disputed shall still be performed. No party shall refuse to perform any of their obligations under the agreement on account of a dispute.
5.1. Party A and Party B may execute this agreement and related documents by, including but not limited to, hand-signing, affixing a seal, clicking, ticking, electronically signing or electronic messaging. No party shall dispute the legal effect of this agreement on account of the method of execution.
5.2. This Agreement shall be established and effective upon the signing of both parties, and shall terminate upon the fulfillment of the obligations of both Party A and Party B in accordance with this Agreement. Party A entrusts Party B to keep all written documents or electronic information related to this Agreement.
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