Terms of Service Agreement - OZ Token
This Terms of Service Agreement ("Agreement") is entered into by and between Oz Living ("Oz," "we," "us," or "our") and the user ("User," "you," or "your") of Oz's services. By registering for an account and using the services provided by Oz, you agree to be bound by this Agreement, inclusive of the Terms and Conditions and Privacy Policy (collectively, "the Terms"), which are incorporated herein by reference.
1. Account Registration and Confirmation
a. Account Creation: You must register for an account by providing a valid email address, full name, chosen username, and password. Your account will allow you to access and use our services.
b. Confirmation and Documentation: Upon account creation, you will receive an email confirmation including a copy of this Agreement and our Privacy Policy. These documents will also be stored in our database as proof of your consent and understanding of the terms herein.
2. Description of Services
a. Scope of Services: Oz provides consultancy and processing services for residency applications and asset protection planning. These services are subject to the approval of relevant government agencies and are limited to what is expressly offered by Oz.
b. Service Credits and Payment: Services are billed at a rate of USD 300 per hour, represented in service credits. All payments are non-refundable but may be transferred to other services offered by Oz.
3. Oz Tokens (TOTOTz)
a. Issuance and Use: Users who have made prepayments for services before March 1, 2024, will receive Oz Tokens (TOTOTz) as digital vouchers, which can be used to avail services at Oz.
b. Transferability and Fees: TOTOTz tokens are transferable. Oz reserves the right to charge a nominal administrative fee for services paid with tokens.
c. Exchange Listing and Value: Oz has no control over the listing and trading of TOTOTz tokens on third-party exchanges. The exchange rate of TOTOTz tokens on such platforms does not affect their value in availing services from Oz.
4. Risks and Liabilities
a. Prepayment Risks: The User acknowledges the risk associated with prepayment for services, which remains with the User.
b. Indemnification: In the event of Oz's dissolution or insolvency, the User agrees to release and indemnify Oz from any claims, liabilities, or damages arising from the use of Oz's services.
5. Legal Provisions
a. Governing Law and Jurisdiction: This Agreement shall be governed by and construed in accordance with the laws of the British Virgin Islands (BVI). Any disputes arising under or related to this Agreement shall be resolved through arbitration in BVI, in accordance with BVI law.
b. Entire Agreement: This Agreement constitutes the entire agreement between Oz and the User, superseding all prior agreements and understandings regarding the subject matter herein.
c. Amendment: Oz reserves the right to amend this Agreement at any time. Continued use of the services after such amendments constitutes acceptance of the new terms.
6. Acceptance of Terms
By creating an account and using the services provided by Oz, you affirm that you have read, understood, and agreed to be bound by this Agreement, including the Terms and Conditions and Privacy Policy.