Block Movement Limited, an exempted company registered under the laws of the United Kingdom (”We”) are committed to protecting and respecting your privacy.
INFORMATION WE COLLECT FROM YOU
We will collect and process the following data about you:
USES MADE OF THE INFORMATION
We use information held about you in the following ways:
DISCLOSURE OF YOUR INFORMATION
You agree that we have the right to share your personal information with:
You have the right to ask us not to process your personal data for marketing purposes. You can also exercise the right at any time by contacting us at [email protected].
Our site may, from time to time, contain links to and from the websites of our partner networks, advertisers and affiliates. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.
BitZipp SALE APPLICATION
1.1. I will keep confidential and will not disclose to third parties (other than my tax or other financial advisors under like conditions of confidentiality) any and all information regarding company or BitZipp, an exempted company, registered under the laws of United Kingdom, (“Block Movement”) or 12593487 Limited (“Smart Contract Supporter”) provided, however, that this confidential treatment shall not apply to the tax treatment and tax structure of an acquisition of BZP tokens and all materials of any kind (including opinions or other tax analyses) that are provided to me relating to such tax treatment and tax structure.
2.Authorization and Indemnification
2.1. I hereby authorize and instruct each of BitZipp and Smart Contract Supporter to accept and execute any instructions given in relation to any BZP acquired for by me. I agree to keep each of them indemnified against any loss of any nature whatsoever arising to any of them as a result of any of them acting upon such instructions and they may each rely conclusively upon and shall incur no liability in respect of any action taken upon any notice, consent, request, instructions or other instrument believed in good faith to be genuine or to be signed by properly authorized persons.
2.2. I indemnify and hold harmless each of BitZipp, Smart Contract Supporter against any loss of any nature whatsoever arising to any of them as a result of any of them acting upon instructions given in relation to any BZP token purchased by me.
2.3. I indemnify and hold harmless BitZipp and the Smart Contract Supporter and their respective directors, members, partners, shareholders, officers, employees, agents, and affiliates (collectively, the Indemnified Parties) from and against any and all losses, liabilities, damages, penalties, costs, fees and expenses (including legal fees and disbursements) that may result, directly or indirectly, from any inaccuracy in or breach of any representation, warranty, covenant or Application set forth in this Application or in any other document I deliver to BitZipp and the Smart Contract Supporter, or from my assertion of my proper authorization to act.
2.4. I indemnify and hold harmless BitZipp and the Smart Contract Supporter and each of its agents and delegates and each of their respective principals, members, managers, officers, directors, stockholders, employees, and agents (each a FATCA Indemnified Party) and hold them harmless from and against any withholding and any FATCA (or other withholding or information reporting) related liability, action, proceeding, claim, demand, costs, damages, expenses (including legal expenses) penalties or taxes whatsoever which a FATCA Indemnified Party may suffer or incur as a result of any action or inaction on my part (or on the part of any person related to me). This indemnification shall survive my death or the disposition of my BZP token(s).
2.5. I indemnify and hold harmless the BitZipp and the Smart Contract Supporter against any loss arising as a result of a delay or failure to process this application or a redemption request if I have failed to provide such evidence as is required by such parties to satisfy applicable anti-money laundering rules.
2.6. I understand, acknowledge and agree that:
2.6.1. any Indemnified Party, FATCA Indemnified Party or other identifiable person who is not a party to this Application may enforce any rights granted to it pursuant to this Application in its own right as if it was a party to this Application. Except as expressly provided in the foregoing sentence, a person who is not a party to this Application shall not have any rights under the Contracts (Rights of Third Parties) Law, 2014 (as amended) to enforce any term of this Application. Notwithstanding any term of this Application, the consent of or notice to any person who is not a party to this Application shall not be required for any termination, rescission or Application to any variation, waiver, assignment, novation, release or settlement under this Application at any time;
2.6.2. BitZipp and the Smart Contract Supporter may rely conclusively upon and shall incur no liability in respect of any action taken upon any notice, consent, request, instructions or other instrument believed in good faith to be genuine, howsoever given; and
2.6.3. BitZipp and the Smart Contract Supporter will protect and indemnify its agents, delegates, service providers, officers, directors and other representatives against liability.
I understand, acknowledge and agree as follows:
3.1. Terms not defined herein will be as defined in the White Paper and Terms and Conditions (collectively, the Token Sale Terms) located at https://bitzipp.com (the Website).
3.2. References to Token Sale Terms and the Articles are to those documents as they may be amended from time to time.
White Paper and/or Terms and Conditions
3.3. I have received and reviewed: (i) the Token Sale Terms and have taken appropriate legal and tax advice with respect to the same.
3.4. I understand that BZP tokens do not represent nor do they entitle the holder, in any way whatever, to;
c.Cash Value Insurance Contract;
d.Annuity Contract; or
e.Equity and/or Debt Interest in BitZipp
Terms of Tokens
3.5. BZP tokens are held subject to the terms and conditions of the Token Sale Terms and this Application (this Application).
3.6. No certificate will be issued to in relation to my BZP tokens and my personal BZP token holding will not be reflected, recognized or recorded in any account or ledger maintained by BitZipp.
Acquisition and Reversion
3.7. I understand that Acquisitions and Reversions will be processed by BitZipp as per its Token Sale Terms. For the purposes of this Application, a “Reversion” means a transaction directly between BitZipp and you whereby BZP token registered on your public key revert back to a public key owned or controlled by BitZipp or its affiliates in accordance with the Terms and Conditions.
3.8. I understand that, prior to any purchase of BZP tokens, I must pay cash or Digital Currency (Contributed Amount) to BitZipp in accordance with the Token Sale Terms to the cryptocurrency address indicated by BitZipp.
3.9. Upon acceptance of my request to buy BZP tokens, the Contributed Amount will be converted for BZP tokens in accordance with the Token Sale Terms.
3.10. Any Reversion proceeds realized and due to me following a Reversion of BZP tokens held by me at the point of Reversion (Reversion Proceeds) in accordance with Token Sale Terms shall be paid to me as soon as practicable in the manner set forth in the Token Sale Terms. Contributed Amount or Reversion Proceeds shall be transferred and/or reflected on the same Digital Currency address from which the Contributed Amount was originally remitted unless such account or Digital Currency address has been changed and notified to BitZipp and all relevant anti-money laundering and other verification procedures have been complied with prior to withdrawal. No Contributed Amount or Reversion Proceeds shall be paid to any Third Party account in respect of BZP tokens held by me and reverted.
3.11. I acknowledge and understand that, for so long as any Reversion Proceeds are held as assets of BitZipp, I shall accept the risk that a creditor of BitZipp may seek to and may be successful in securing discharge of a liability of BitZipp out of BitZipp assets, thereby materially adversely affecting the value of my Contributed Amount and/or Reversion Proceeds and potentially reducing one or both to zero. Furthermore, I acknowledge that any interest accruing with respect to such Contributed Amount and/or Reversion Proceeds held in this manner shall be for the benefit of BitZipp only.
3.12. BitZipp (and/or its delegate) may request such evidence as is necessary to verify the identity and source of funds of a prospective token purchaser and to confirm the AML status of any redeeming BZP token holder. BitZipp shall not accept or repay any Contributed Amount and/or application for BZP tokens and shall not pay any Reversion Proceeds until all information required for verification purposes has been provided.
3.13. If, as a result of any information or other matter which comes to his attention, any person resident in the United Kingdom knows or suspects or has reasonable grounds for knowing or suspecting that another person is engaged in criminal conduct or is involved with terrorism or terrorist property and the information for that knowledge or suspicion came to their attention in the course of business in the regulated sector, or other trade, profession, business or employment, the person will be required to report such knowledge or suspicion to: (i) the Financial Reporting Authority of the United Kingdom, pursuant to the Proceeds of Crime Law (Revised) of the United Kingdom if the disclosure relates to criminal conduct or money laundering; or (ii) a police constable not below the rank of inspector, or the Financial Reporting Authority, pursuant to the Terrorism Law (Revised) of the United Kingdom, if the disclosure relates to involvement with terrorism or terrorist financing and property. Such a report shall not be treated as a breach of confidence or of any restriction upon the disclosure of information imposed by any enactment or otherwise.
Electronic Delivery of Reports and Other Communications.
3.14. I accept that such electronic communications are not secure and may contain computer viruses or other defects, may not be accurately replicated on other systems, or may be intercepted, deleted or interfered with or without the knowledge of the sender or the intended recipient. BitZipp and Smart Contract Supporter make no warranties in relation to these matters. Each of BitZipp and Smart Contract Supporter reserve the right to intercept, monitor, and retain e-mail messages to and from their systems as permitted by applicable law. If I have any doubts about the authenticity of an electronic communication purportedly sent by BitZipp or Smart Contract Supporter I am required to contact the purported sender immediately. BitZipp’s acceptance of my BZP token purchase is not conditioned on my giving consent to electronic delivery of BitZipp related information. If I do not have reliable access to the internet or e-mail, I shall not acquire Tokens. I shall not be entitled to receive any information from BitZipp in paper format.
In consideration of the BitZipp’s acceptance of my offer to purchase BZP tokens and recognizing its reliance thereon, I agree, represent, and warrant to BitZipp that:
4.1. I am fully in compliance with the Token Sale Terms.
4.2. I am acquiring the BZP tokens solely for my own account and not as nominee or custodian for another person or entity.
4.3. I did not engage (except as specifically authorized by the BitZipp) and will not engage in any activity relating to the sale of the BZP tokens in the Restricted Territory;
Capacity and experience
4.4. I am responsible for the decision to acquire BZP tokens and I have legal competence and capacity to execute this Application.
4.5. I have the knowledge, expertise, and experience in financial matters to evaluate the risks of acquiring BZP token, I am aware of the risks inherent in acquiring and the method by which the assets of the BitZipp are held and/or traded and I can bear the risk of loss of my entire token acquisition.
4.6. I am qualified and authorized to make such acquisition decision and, to the extent deemed necessary, I have consulted my own advisors and legal counsel regarding acquisition of BZP tokens. In making the decision to acquire BZP tokens, I have not relied on any advice or recommendation from the BitZipp, Smart Contract Supporter nor any placement agent associated with the BitZipp, or any of their affiliates.
4.7. To the extent that I am acting on behalf of an entity, I have the full power and authority under such entity’s governing instruments to do so and that entity has the full power and authority under its governing instruments to acquire BZP tokens.
4.8. This Application constitutes a valid and binding Application and is enforceable against me in accordance with its terms.