Trader's Agreement
Effective Date: This Agreement is activated on the date the Trader's membership is approved by 1Point Commerce and lasts for a duration of ONE YEAR.
Parties:
61 Damascus Street, Amman, 11183, Jordan.
Contact details:
Website: www.1Commerce.com;
Email: info@1commerce.com.
Recitals:
A. 1Point has developed a global B2B network, both online and offline, to facilitate international trade.
B. The Trader intends to access and utilize this Network to engage in global trade activities.
Agreement Terms:
Upon approval, 1Point grants the Trader a membership, subject to adherence to this Agreement's terms.
The membership term is one year, subject to renewal upon mutual agreement.
1Point commits to the continuous enhancement of the Network to support Trader benefits effectively.
The Trader shall:
All parties are to uphold the highest standards of integrity, transparency, and professionalism, as detailed in the 1Point Code of Ethics.
Traders will receive and must adhere to the Operation Manual upon membership approval.
The Trader agrees to indemnify 1Point against breaches and acknowledges that 1Point is not liable for losses related to Network use or disruptions.
The Agreement can be terminated by either party under specific conditions, with no fee refunds by 1Point for early termination.
The Network's intellectual property remains with 1Point; the Trader is granted usage rights under this Agreement without obtaining any ownership.
Traders are expected to stay updated with any changes and understand the risks involved in trading activities.
This document represents the complete agreement, superseding all prior understandings, and is governed by the laws of Panama.
Disputes will be resolved through arbitration in Panama City, adhering to Panama's legal standards.
This section includes standard legal provisions on notifications, agreement integrity, enforceability, and obligations post-termination.
Conclusion and Execution:
By participating in the Services, the Trader agrees to all terms set forth in this Agreement as mandated by 1Point Commerce.