Terms & Conditions for Cashback program

These Terms & Conditions are effective from 3 April, 2022

1.1 Cleo Finance Ltd. ("Cleo"), established in accordance with the laws of England and Wales, with its registered office at Elscot House, Arcadia Avenue, Finchley, London, United Kingdom, N3 2JU, ID No. 09962294, is the exclusive owner and operator of the Cleo.finance application ("App").

1.2 As used in these Terms and Conditions for Cashback program (“Terms”), "we", "our" and "us" means Cleo or any successor, or subsidiary.

1.3 "You" and "your" refer to the any user with Qualified Account, who fulfils the condition in these Terms.

1.4 „Qualified Account“ refers to an account that meets the conditions specified inside the App and has access to the Cashback program. These conditions may differ for each crypto exchange. Without Qualified Account users of the App cannot participate in the Cashback program. A) Conditions for OKX cryptocurrency exchange (“OKX”): users who created their account with OKX without a referral link, and have any of the Regular user, VIP 1, or VIP 2 fee levels based on: https://www.okx.com/fees - section Futures & Perp - subsection USDT-M Futures.

1.5 The subject of these Terms is to generate a trading volume through the App, and our obligation is to authorize the payment from OKX to your account specified in these Terms for this trading volume under the conditions set forth in these Terms.

1.6 We undertake to authorize the payment from OKX, under the conditions set forth in these Terms, of the remuneration of 10 % of the fee described here: https://www.okx.com/fees - section Futures & Perp – subsection USDT-M Futures.

1.7 We may pay you higher remuneration than described in 1.6 of these Terms.

1.8 Remuneration payment is made every day on the basis of statements from OKX or our internal database if the trading volume meets the conditions set forth in these Terms

1.9 Remuneration payment is made directly by the OKX into your trading account with OKX after our authorization for OKX to process the payments.

1.10 If you violate any obligation in these Terms, we are entitled to make our link not valid.

1.11 Terms and your relationship with us under these Terms shall be governed by the laws of England and Wales.

1.12 You agree that, with regard to all disputes arising from or in connection with this agreement, You will

(i) submit to the jurisdiction of the High Court In London (or such other court or arbitration process ("Court") in England and Wales as Cleo may determine) for the purpose of any suit, action, or other proceeding arising out of these terms and conditions for Cash back program, or any of the agreements or transactions contemplated hereby (each a "Proceeding"),
(ii) agree that all claims in respect of any Proceeding may be heard and determined in any such Court, and
(iii) waive, to the fullest extent permitted by law, any immunity you may have acquired, or hereafter may acquire, from jurisdiction of any such Court or from any legal or arbitration process therein, and
(iv) agree not to commence any Proceeding other than in such Court, and waive, to the fullest extent permitted by applicable law, any claim that any such Proceeding is brought in an inconvenient forum.

1.13 If any term of these Terms is held to be illegal or unenforceable the validity and enforceability of the remainder shall continue in full force and effect. The provision in question shall be replaced by a valid and enforceable term which corresponds, so far as possible, with the original. Failure by either party to exercise any right or remedy under these Terms does not constitute a waiver of that right or remedy.