Token Generation Event. If there is a Token Generation Event prior to the expiration or termination of the Agreement, the Company will vest Tokens with the Purchaser in the amount equal to the Purchase Amount as per the terms set out in the Agreement. Prior to vesting Tokens with the Purchaser by the Company, in accordance with Article 3(a) the Company: (i) shall verify information and data submitted by the Purchaser in order to verify it to exclude the suspicion of money laundering or terrorism financing, (ii) may summon the Purchaser to draw up and supply the Company with documents or to provide information no later than within three business days since communicating summons to the Purchaser, such documents and information are required for the proper performance of the Agreement by the Company and ensuring compliance with legal provisions, in particular to verify the status of an accredited investor or non-US person status, (iii) may summon the Purchaser to indicate the wallet address to which the Purchaser Tokens will be vested not later than within three business days since communicating summons to the Purchaser, subject to Article 3(aa) hereinafter, (iv) shall inform the Purchaser and the Purchaser shall agree to the following schedule of vesting • 10% of the Tokens shall be vested within seven days after a Token Generation Event, • 2% of the Tokens shall be vested every subsequent week until all Tokens are no longer due to the Purchaser in accordance with the Agreement, subject to the fulfilment of obligations arising from the Purchaser under Article 3(a) (i) - (iii). (aa) Panel „Token Sale” If the Purchaser does not have an EVM wallet (i.e. Ethereum, BNB Chain) or fails to indicate his address within the time limit specified in Article 3(a) (iii), the Company shall send to the Purchaser’s email address indicated in the Agreement (or updated in accordance with the requirements set out in the Agreement) an invitation to the “Token Sale” Panel where an individual account shall be created for the Purchaser (the “Account”). The Purchaser is obliged to immediately activate the Account. After activation of the Account, as part of a Token Generation Event, the Company shall vest Tokens with the Purchaser. Prior to the time limit specified in Article 3(a) (iii) the Purchaser may send to the Company a request for an individual account as part of the “Token Sale” Panel. When using the Account, the Purchaser is obliged to observe security requirements, specifically to keep confidentiality of login data and not to transfer it to third parties. As part of an individual account, the Purchaser may make the payment of vested Tokens at any time, subject to the time limits indicated in Article 3(a) (iii). The Company reserves the right to delete the Account within 24 months after a Token Generation Event or in cases where there is a reasonable suspicion of money laundering or terrorism financing in relation to activities undertaken by the Purchaser to which the Purchaser concluding the Agreement consents. In the case specified in the previous sentence, the Purchaser is obliged to pay up Tokens within 30 days of the Company’s notification about the intention to delete the Account. If the Purchaser fails to pay up Tokens within the time limit specified in the previous sentence, the Company shall retain the right to delete the Account and shall not be liable to the Purchaser once the right to delete the Account is exercised.
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Token Generation Event. If there is a Token Generation Event prior to the expiration or termination of the Agreement, the Company will vest Tokens with the Purchaser in the amount equal to the Purchase Amount as per the terms set out in the Agreement. Prior to vesting Tokens with the Purchaser by the Company, in accordance with Article 3(a) the Company:
(i) shall verify information and data submitted by the Purchaser in order to verify it to exclude the suspicion of money laundering or terrorism financing,
(ii) may summon the Purchaser to draw up and supply the Company with documents or to provide information no later than within three business days since communicating summons to the Purchaser, such documents and information are required for the proper performance of the Agreement by the Company and ensuring compliance with legal provisions, in particular to verify the status of an accredited investor or non-US person status,
(iii) may summon the Purchaser to indicate the wallet address to which the Purchaser Tokens will be vested not later than within three business days since communicating summons to the Purchaser, subject to Article 3(aa) hereinafter,
(iv) shall inform the Purchaser and the Purchaser shall agree to the following schedule of vesting • 10% of the Tokens shall be vested within seven days after a Token Generation Event, • 2% of the Tokens shall be vested every subsequent week until all Tokens are no longer due to the Purchaser in accordance with the Agreement, subject to the fulfilment of obligations arising from the Purchaser under Article 3(a) (i) - (iii).
(aa) Panel „Token Sale” If the Purchaser does not have an EVM wallet (i.e. Ethereum, BNB Chain) or fails to indicate his address within the time limit specified in Article 3(a) (iii), the Company shall send to the Purchaser’s email address indicated in the Agreement (or updated in accordance with the requirements set out in the Agreement) an invitation to the “Token Sale” Panel where an individual account shall be created for the Purchaser (the “Account”). The Purchaser is obliged to immediately activate the Account. After activation of the Account, as part of a Token Generation Event, the Company shall vest Tokens with the Purchaser. Prior to the time limit specified in Article 3(a) (iii) the Purchaser may send to the Company a request for an individual account as part of the “Token Sale” Panel. When using the Account, the Purchaser is obliged to observe security requirements, specifically to keep confidentiality of login data and not to transfer it to third parties. As part of an individual account, the Purchaser may make the payment of vested Tokens at any time, subject to the time limits indicated in Article 3(a) (iii). The Company reserves the right to delete the Account within 24 months after a Token Generation Event or in cases where there is a reasonable suspicion of money laundering or terrorism financing in relation to activities undertaken by the Purchaser to which the Purchaser concluding the Agreement consents. In the case specified in the previous sentence, the Purchaser is obliged to pay up Tokens within 30 days of the Company’s notification about the intention to delete the Account. If the Purchaser fails to pay up Tokens within the time limit specified in the previous sentence, the Company shall retain the right to delete the Account and shall not be liable to the Purchaser once the right to delete the Account is exercised.
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