Introducing Brokers: Contract Agreement

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INTRODUCING

BROKERS
Contract Agreement

PAGE 1 | Initials (Partner): Initials (Company):

OnEquity.com is the brand name of Meritfox Investments Ltd, a Seychelles Securities Dealer Licensee, authorised and regulated by the
Seychelles Financial Services Authority (FSA) under license number SD154 and registration number 810588-1 and governed by the
Consolidated Securities Act, 2007 to 20th December 2018. Billing agent: Brial Investments Limited Reg. No: HE 435383 Agias Zonis 22, 3027,
Limassol, Cyprus
INTRODUCING BROKERS
www.onequity.com
AGREEMENT

1. PARTIES TO THE AGREEMENT

This Intermediation Broker Agreement (“Agreement”) is entered into between the Introducing Broker
(“Introducing Broker”) whose name and signature appear at the end of this Agreement and Meritfox
Investments Ltd (“Company”), with a registered address of CT House, Office No. 9A, Providence, Mahe,
Seychelles, authorised and regulated by the Seychelles Financial Services Authority (FSA) under license
number SD154 and registration number 810588-1.

2. PURPOSE AND TERM OF THE AGREEMENT

2.1 The Agreement sets forth terms and conditions of the relationship between the Company and
Introducing Broker for the brand name of the Company namely OnEquity.com (“OnEquity”) who will act as
a facilitator for the conclusion of agreements between the Company and prospective customers to trade in
the off-exchange Retail foreign exchange market (hereinafter “FOREX”), and if counterparties are eligible
Contracts for Difference (“CFDs”), under in accordance with the laws of the jurisdiction from where
Introducing Broker and prospective customers are resident.

2.2 The Introducing Broker undertakes to provide the following services to the Company:
a) Act as a mediator between the Company and prospective customers and will act as facilitator for the
conclusion of agreements between the Company and prospective customers for the provision of the
investment services as per paragraph 2.1.
b) Make contact with prospective customers, negotiating the terms of the relevant agreements and
ancillary documents to be concluded in relation to the services offered by the Company, and doing all
that is necessary in order for the Company and prospective customers to enter into such agreements.
c) Introduce to the prospective customers the investment services provided by the Company.
d) Undertake work which is required for the completion of a contract for the provision of the investment
services as per paragraph 2.1 between the Company and prospective customers.

e) Assist the customers to open an account with the Company and gather all necessary documents but
not to act on the customer’s behalf.
f) The Introducing Broker shall remain totally independent at all times and will not have any personal
interest in the terms of the contracts to be concluded between the Company and prospective
customers.
g) The Introducing Broker will introduce leads to the Company that will open demo accounts and
participate in various contests organised by the Introducing Broker. Throughout the period of this
Agreement, the Introducing Broker may run various contests by introducing clients on the
Company’s platforms upon receiving confirmation by the Company.
h) The Introducing Broker will monitor the performance of clients that open a Demo Account with the
Company for the purposes of the contest upon the client’s explicit consent.

PAGE 2 | Initials (Partner): Initials (Company):


OnEquity.com is the brand name of Meritfox Investments Ltd, a Seychelles Securities Dealer Licensee, authorised and regulated by the
Seychelles Financial Services Authority (FSA) under license number SD154 and registration number 810588-1 and governed by the Consolidated Securities Act,
2007 to 20th December 2018. Billing agent: Brial Investments Limited Reg. No: HE 435383 Agias Zonis 22, 3027, Limassol, Cyprus
INTRODUCING BROKERS
www.onequity.com
AGREEMENT

2.3 This agreement will commence on the 30th of March 2023 and will continue for an indefinite period,
until terminated by either party in accordance with termination procedures as set forth in this
agreement.
2.4 The services listed in Clause 2.2 above provided by the Introducing Broker in this Agreement are
exclusive, within the term of this Agreement. Without the prior written consent of the Company, the
Introducing Broker shall not conclude any agreement with any third party for the provision of the same as
or similar to the services listed in Clause 2.2 above.
2.5 If any provision of this Agreement is invalid or unenforceable, the provision shall be severed from the
remainder of this Agreement and shall not render the remainder invalid or unenforceable.

3. INDEPENDENT CONTRACTOR AND TAXES

3.1 In performing services under this agreement, Introducing Broker will have no authority to contract for
or in the name of the Company or refer Introducing Broker as an agent, employee, or partner of the
Company.
3.2 Introducing Broker is an independent contractor and as such is liable for any taxes, insurance
contributions or any other assessments incurred by it in the course of its business generally and in relation
to this agreement.

3.3 Introducing Broker agrees and undertakes to continuously indemnify the Company for any and all taxes,
assessments and charges levied upon the Company or its affiliates in connection with the provision by the
Company of the services as contemplated by this agreement, except for taxes levied upon the Company in
relation to its overall income.

4. COMPLIANCE

4.1 Introducing Broker represents and warrants that all actions preformed under this agreement comply
with all laws, regulations, ordinances, organizational documents, and rules applicable to the Introducing
Broker or the jurisdiction in which the Introducing Broker or its customers are resident or carry on business.
4.2 All “Promotional Material” must be reviewed and approved by the Company Compliance Department
prior to publication and distribution to prospective or existing customers.
4.3 Promotional Material is defined as any verbal or written communication with the public that relates in
any way to the solicitation of (1) a prospective customer or (2) a transaction in an existing customer account.

4.4 Promotional Material includes all verbal or written material generated by the Company or Introducing
Broker. Promotional material also includes published written texts, compliance or procedures memoranda
or manuals, training materials, advertisements, research reports, correspondence to customers or
prospective customers, as well as market analyses, newsletters and generally anything written that assists
in the intermediation process. Further, Introducing Broker also understands and agrees that verbal
intermediation will be in keeping with the written promotional material that the Company has previously

PAGE 3 | Initials (Partner): Initials (Company):


OnEquity.com is the brand name of Meritfox Investments Ltd, a Seychelles Securities Dealer Licensee, authorised and regulated by the
Seychelles Financial Services Authority (FSA) under license number SD154 and registration number 810588-1 and governed by the Consolidated Securities Act,
2007 to 20th December 2018. Billing agent: Brial Investments Limited Reg. No: HE 435383 Agias Zonis 22, 3027, Limassol, Cyprus
INTRODUCING BROKERS
www.onequity.com
AGREEMENT

authorized.

4.5 Introducing Broker will ensure that each retail customer it provides intermediation services for has
received adequate information concerning the risks of FOREX and CFDs transactions so that the customer
can make an informed and responsible decision as to whether FOREX and CFDs transactions are
appropriate for the customer.
4.6 Furthermore, Introducing Broker acknowledges that it is responsible for complying with all laws of its
own jurisdiction pertaining to the management of the Introducing Broker. Introducing Broker also
acknowledges responsibility for compliance with, among other things, local registration statutes, if
applicable, tax and labour laws, safety in the workplace regulations and anti-discrimination laws, and all
other laws of its state and/or country of its domicile that are applicable to the business contemplated by
this Agreement.

4.7 Introducing Broker understands and acknowledges that it is its duty to abide by the compliance rules
presented in this section and to properly supervise any associated party. Further, Introducing Broker
understands and agrees that the Company is prepared to terminate this agreement immediately if it
becomes evident that Introducing Broker or any party associated with it has engaged in guaranteeing
profits, making false and/or misleading claims, or other material violations of this agreement.
4.8 Introducing Broker acknowledges that, if residing in the United States or providing intermediation
services to customers residing in the United States, it must be registered as an Introducing Broker with the
Commodity Futures Trading Commission (CFTC) and member of the National Futures Association (NFA).
4.9 Introducing Broker agrees that they will at all times remain properly registered with all regulatory bodies
in accordance with the capacities required for their services pertaining to this agreement and in compliance
with all laws to which they are subject. Failure to do so may result in immediate termination of the contract
between Introducing Broker and the Company.
4.10 Introducing Broker acknowledges that it must follow the following naming convention in all material:
a) Introducing Broker may NOT refer to itself as the Company in any materials.
4.11 Introducing Broker acknowledges and agrees that they will adhere to the following admonitions in
accordance with the Company policy and procedures:

a) Introducing Broker may not accept funds from customers but must direct customers to transmit or
deposit funds directly into a special the Company customer account that shall be designated as a
customer account.
b) Introducing Broker, unless licensed to do so by the laws and government of its domicile, may not solicit
customers to purchase or sell futures, options on futures or securities of any kind.
c) Introducing Broker may not carry the FOREX and CFDs accounts of customers on its own books and
records but must introduce each customer to the Company who will carry each account on a fully
disclosed basis.

PAGE 4 | Initials (Partner): Initials (Company):


OnEquity.com is the brand name of Meritfox Investments Ltd, a Seychelles Securities Dealer Licensee, authorised and regulated by the
Seychelles Financial Services Authority (FSA) under license number SD154 and registration number 810588-1 and governed by the Consolidated Securities Act,
2007 to 20th December 2018. Billing agent: Brial Investments Limited Reg. No: HE 435383 Agias Zonis 22, 3027, Limassol, Cyprus
INTRODUCING BROKERS
www.onequity.com
AGREEMENT

4.12 Introducing Broker acknowledges that it shall not enter into an agreement, or relationship, with any
intermediaries who refer potential customers to you. Such relationships include but are not limited to:
Telemarketing firms; paid referrals, either from current customers for a rebate, or business contacts; any
other 3rd party, which refers potential customers. If a current relationship exists, the Introducing Broker
agrees to unwind, and dissolve said relationship prior to entering into a relationship with the Company.

5. DISCRETIONARY AUTHORITY

5.1 Introducing Broker agrees that it will not accept discretionary authority from a customer, nor will it
permit any of its employees or consultants to exercise discretionary authority over customers’ accounts.

6. INTRODUCING BROKER SERVICE FEE

6.1 the Company will pay service fees to Introducing Broker for services under this agreement as set forth
in Schedule A (“Introducing Broker Service Fees”). Fees set forth in schedule A shall be payable until this
Agreement is terminated or the Company determines that payment would violate laws or rules which the
Company or Introducing Broker is subject, or the Company deems it necessary to withhold service fees
arising from, but not limited to, customer complaints, any governing body investigation or complaint, or
any legal issue.
6.2 Introducing Broker will be able to earn rebates for actively promoting the Company services which
includes providing intermediation services for new prospective customers to the Company through the
“welcome link” that the Company shall provide to the Introducing Broker. New customer accounts that do
not use the Introducing Broker’s welcome link to complete the customer application will have no more than
5 business days to request a change for the customer to be placed in the Introducing Broker’s customer
group.
6.3 Introducing Broker acknowledges and agrees to abide by the prevailing compensation limits imposed
by the Company. These limits refer to the maximum commission amount that can be charged to customers.

7. OTHER INTRODUCING BROKER ACTIVITIES

7.1 Introducing Broker agrees that it will inform the Company of any other business activities entered into
by Introducing Broker that may relate to the FOREX and CFDs markets during the term of this Agreement
and will provide the Company with information, as requested, regarding said activity.

8. LICENSE TO USE PROPRIETARY OR OTHER the Company PROPERTY

8.1 Subject to the terms and conditions of this Agreement, the Company hereby grants to Introducing
Broker, for the duration of this Agreement, a sublicense to use property, including, but not limited to,
records, forms, trade literature, newsletters, market reports, articles, computer software and any
reproduced copies or negatives thereof, and any information reflected or contained therein, provided and

PAGE 5 | Initials (Partner): Initials (Company):


OnEquity.com is the brand name of Meritfox Investments Ltd, a Seychelles Securities Dealer Licensee, authorised and regulated by the
Seychelles Financial Services Authority (FSA) under license number SD154 and registration number 810588-1 and governed by the Consolidated Securities Act,
2007 to 20th December 2018. Billing agent: Brial Investments Limited Reg. No: HE 435383 Agias Zonis 22, 3027, Limassol, Cyprus
INTRODUCING BROKERS
www.onequity.com
AGREEMENT

furnished by the Company or otherwise obtained by Introducing Broker during any relationship with the
Company (“Proprietary Property”). Introducing Broker agrees to abide by any rule governing the use of the
Company proprietary property.

8.2 Proprietary Property, regardless of the author, shall remain the sole property of the Company and shall
be accounted for and returned by Introducing Broker to the Company on demand. It is expressly
understood that Introducing Broker’s sublicense to the use or possession of Proprietary Property is to fulfil
its obligations to the Company under this Agreement and that Introducing Broker has no other right or
proprietary interest in the Proprietary Property other than the sublicense provided in this paragraph.

9. CONFIDENTIALITY

9.1 Except as otherwise provided in this Agreement, or as the Company may otherwise consent to in writing,
Introducing Broker will keep confidential and not disclose, or make any use of, except for the benefit of the
Company, at any time, either during or subsequent to Introducing Broker’s relationship with the Company,
any trade secrets, formulae, methods, techniques, confidential information, computations, knowledge, data
or other information of the Company relating to software products, trading platforms, trade routing
systems, the Company counter parties, processes, know-how, marketing, merchandising, selling ideas,
selling concepts or other confidential information, forecasts, marketing plans, strategies, pricing strategies,
computer programs, copyrightable materials, finances or other subject matter pertaining to any of the
Company’s business, or any of its customers, customers, consultants, suppliers or affiliates, which
Introducing Broker may produce, use, view or otherwise acquire during its relationship with the Company
(“Proprietary Information”).

9.2 The parties acknowledge that all software provided hereunder is mostly for the convenience of the
parties to enhance the efficiency of executing FOREX and CFDs transactions and carries no implicit or
explicit warranty as to its performance. In the event of any software or hardware failure, all such
business will be transacted manually and by fax and/or telephone until the failure can be
resolved.
9.3 Introducing Broker acknowledges and agrees that any Proprietary Information is given to Introducing
Broker in confidence, solely to permit Introducing Broker to fulfil its obligations to the Company under this
Agreement, and that such information derives actual or potential economic value by virtue of its
confidentiality and nondisclosure to the public or other persons who could obtain economic value from
their disclosure or use. Introducing Broker shall not, under any circumstances, deliver, reproduce, or allow
any Proprietary Information, or any documentation relating thereto, to be delivered to, or used by, any
person or entity whatsoever without specific written consent.

10. RETURN OF PROPRIETARY PROPERTY AND PROPRIETARY INFORMATION

10.1 In the event of the termination of this Agreement for any reason, Introducing Broker will promptly stop
using, surrender, and deliver to the Company, Proprietary Property, including but not limited to, all
materials, equipment, documents, and data pertaining to its relationship with, or to any Proprietary

PAGE 6 | Initials (Partner): Initials (Company):


OnEquity.com is the brand name of Meritfox Investments Ltd, a Seychelles Securities Dealer Licensee, authorised and regulated by the
Seychelles Financial Services Authority (FSA) under license number SD154 and registration number 810588-1 and governed by the Consolidated Securities Act,
2007 to 20th December 2018. Billing agent: Brial Investments Limited Reg. No: HE 435383 Agias Zonis 22, 3027, Limassol, Cyprus
INTRODUCING BROKERS
www.onequity.com
AGREEMENT

Information of, the Company, including all copies thereof. Upon termination of this Agreement, for
whatever reason, any information required to be kept by any applicable financial regulations pertaining to
the FOREX and CFDs business may be retained by Introducing Broker.

11. GENERAL INDEMNIFICATION BY INTRODUCING BROKER

11.1 Subject to the terms of this Agreement, Introducing Broker agrees to forever indemnify and hold the
Company and its principals, shareholders, officers, directors, employees, agents and representatives
harmless from and against any and all claims, damages, costs (including those stemming from regulators)
involving Introducing Broker’s activities or customers’ accounts solicited by Introducing Broker including
loss or losses and expenses (including attorneys’ fees) that the Company may sustain or become liable or
answerable for or shall pay, as a result of any alleged act, practice, conduct or omission of Introducing
Broker or its principals, shareholders, directors, officers, employees, agents or representatives.

11.2 Upon notice from the Company, the Introducing Broker will promptly pay to the Company any amount
owed to the Company under this paragraph. If Introducing Broker fails to make such payment, the
Company, by action of an officer, will be entitled to collect any such amount by any available means,
including but not be limited to charging any proprietary account of Introducing Broker or offsetting any
amount owed to Introducing Broker by the Company. the Company is authorized to transfer, use, apply,
sell, re-hypothecate or draw upon, as the case may be, any of the funds, securities or property in any
proprietary account of Introducing Broker whenever the Company deems it necessary to pay or satisfy
amounts owed to it under this Agreement or any other agreement with Introducing Broker. Further, the
Company is authorized to withhold all commissions earned and payable to Introducing Broker to the extent
of any deficits in any and all accounts that Introducing Broker has introduced to the Company. The rights
described in this paragraph are in addition to all other rights and remedies available to the
Company under this Agreement.
11.3 Introducing Broker further agrees that, if any person or entity has instituted a claim, suit, action,
arbitration or other proceeding against the Company, or threatened to do so, or the Company, in its
reasonable judgment, believes may be instituted or threatened, which proceeding reasonably could expose
the Company to any potential liability, loss, cost, or expense which is the obligation of Introducing Broker
under this Agreement, the Company is authorized to withhold an amount equal to the amount of any such
claim from any amounts owed to Introducing Broker or from any other funds, securities or other property
owned by Introducing Broker on deposit with the Company for any purpose (including, without limitation,
funds, securities or other property in any proprietary account of Introducing Broker) until such has been
fully resolved to the satisfaction of the Company. However, in the event that the Company intends to
withhold the amount of any potential liability, loss, cost or expense as set forth above, the Company will
notify Introducing Broker of the amount to be withheld and the nature of the claim, and Introducing Broker
may participate in defence of the claim through counsel chosen by it at its own expense.

13. DISCLAIMER OF WARRANTIES

13.1 INTRODUCING BROKER EXPRESSLY AGREES THAT INTRODUCING BROKER’S USE OF THE COMPANY’S

PAGE 7 | Initials (Partner): Initials (Company):


OnEquity.com is the brand name of Meritfox Investments Ltd, a Seychelles Securities Dealer Licensee, authorised and regulated by the
Seychelles Financial Services Authority (FSA) under license number SD154 and registration number 810588-1 and governed by the Consolidated Securities Act,
2007 to 20th December 2018. Billing agent: Brial Investments Limited Reg. No: HE 435383 Agias Zonis 22, 3027, Limassol, Cyprus
INTRODUCING BROKERS
www.onequity.com
AGREEMENT

SERVICES, IS AT INTRODUCING BROKER’S SOLE RISK. NEITHER the Company NOR ANY OF ITS DIRECTORS,
OFFICERS, MANAGERS, EMPLOYEES, AGENTS, CONTRACTORS, AFFILIATES, INFORMATION PROVIDERS,
LICENSORS, OR OTHER SUPPLIERS PROVIDING DATA, INFORMATION, SERVICES OR SOFTWARE, WARRANTS
THAT THE SERVICES WILL BE UNINTERRUPTED OR ERROR FREE; NOR DO ANY OF THEM MAKE ANY
WARRANTY AS TO THE RESULTS THAT MAY BE OBTAINED FROM THE USE OF THE SERVICES OR AS TO THE
TIMELINESS, SEQUENCE, ACCURACY, COMPLETENESS, RELIABILITY OR CONTENT OF ANY DATA,
INFORMATION, SERVICES, OR TRANSACTIONS PROVIDED AND the Company SHALL NOT BE RESPONSIBLE
FOR ANY LOSSES LIABILITIES OR DAMAGES CAUSED BY THE ACTS OR OMISSIONS OF THOSE THIRD PARTY
AGENTS, CONTRACTORS, INFORMATION PROVIDERS OR OTHER SUPPLIERS BEYOND ANY AMOUNT WHICH
the Company IS ABLE TO RECOVER PURSUANT TO ITS AGREEMENT WITH SUCH ENTITY. EXCEPT AS
SPECIFICALLY SET FORTH IN THIS PARAGRAPH 14.1, THE COMPANY’S SERVICES ARE PROVIDED ON AN “AS
IS,” “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING,
WITHOUT LIMITATION, THOSE OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-
INFRINGEMENT, OTHER THAN THOSE WARRANTIES WHICH ARE IMPLIED BY AND INCAPABLE OF
EXCLUSION, RESTRICTION OR MODIFICATION UNDER THE LAWS APPLICABLE TO THIS AGREEMENT.

14. RIGHT TO REJECT CUSTOMERS

14.1 the Company reserves the right to reject any potential customer who does not meet its internal credit
or suitability standards and Introducing Broker hereby agrees that all new

account applications must be approved by the Company in writing before trading is allowed to commence.

15. EXISTING CUSTOMERS

15.1 The term Existing Customers should include the customers that are maintaining a funded and active
account with the Company or within the immediately preceding one year they have communicated directly
with the Company to use the Company’s services. Further, the Introducing Broker acknowledges and agrees
that all Existing Customers of the Company at the time of the signing of this Agreement are the proprietary
property of the Company, even though the Introducing Broker may also consider them their customers.
The Introducing Broker understands and agrees that the Company will reserve the right to terminate this
Agreement if it becomes evident that the Introducing Broker actively solicits the Company’s customers to
be added to its group.

The Introducing Broker acknowledges and agrees that the Company will not treat any United States
resident customer as introduced by the Introducing Broker, for purposes of compensation or otherwise,
unless the Introducing Broker is registered as an Introducing Broker with the CFTC and member of the NFA.

16. INTRODUCED PROSPECT CUSTOMER

16.1 Introduced Prospect Customer shall mean any partnership, Limited Liability Company, corporation or
other entity introduced to the Company by the Customer as a prospect for receiving the Company’s services,

PAGE 8 | Initials (Partner): Initials (Company):


OnEquity.com is the brand name of Meritfox Investments Ltd, a Seychelles Securities Dealer Licensee, authorised and regulated by the
Seychelles Financial Services Authority (FSA) under license number SD154 and registration number 810588-1 and governed by the Consolidated Securities Act,
2007 to 20th December 2018. Billing agent: Brial Investments Limited Reg. No: HE 435383 Agias Zonis 22, 3027, Limassol, Cyprus
INTRODUCING BROKERS
www.onequity.com
AGREEMENT

which person or entity is not already an Existing Customer.

17. INTRODUCED CUSTOMER

17.1 The introduced Customer of the Introducing Broker shall mean the Introduced Prospect Customer that
has been accepted by the Company as a customer and maintaining a funded active account with the
Company. The Introduced Customer shall remain the proprietary property of the Company. The
Introducing Broker acknowledges and agrees that the Company, in the exercise of its supervisory
responsibilities, will contact the Introduced Customers as needed and to assure that the Introducing Broker
is fulfilling its responsibilities of this Agreement and is otherwise acting in accordance with applicable law.

18. CUSTOMER INFORMATION

19.1 Introducing Broker hereby agrees to bring to the attention of the Company anything that might
adversely impact on the credit worthiness of any customer and to comply with all applicable regulations
including, but not limited to, anti-money laundering statutes, rules, regulations and interpretations as may
be enacted from time to time by any applicable government agency. Further, Introducing Broker will
ensure that each retail customer it solicits has received adequate information concerning the risks
of FOREX and CFDs transactions so that the customer can make an informed and responsible
decision as to whether FOREX and CFDs transactions are appropriate for the customer.

19. RECORD KEEPING COMPLIANCE

19.2 The introducing Broker shall maintain all records required by the Company’s compliance policies, which
records shall be available for inspection by the Company, upon reasonable notice.

20. ERRORS

20.1 Any errors or discrepancies in a trade or customer account must immediately be called to the attention
of the Company for review and in all events within a maximum of 24 hours.

21. GUARANTEE OF PROMISES AGAINST LOSS ARE PROHIBITED

21.1 Introducing Broker agrees that it will not in any way represent to any customer that Introducing Broker
or the Company will guarantee such customer against loss, limit the loss of such customer or not call for
or attempt to collect required initial margin and maintenance margin as established by the Company.

22. NO LIABILITY FOR CONSEQUENTIAL DAMAGES

22.1 To the maximum extent permitted by applicable law, in no event shall the Company or its affiliates,
parent companies, employees, agents, attorneys, officers, managers, directors or suppliers, be liable for
any special, incidental, indirect or consequential damages whatsoever (including, without limitation,

PAGE 9 | Initials (Partner): Initials (Company):


OnEquity.com is the brand name of Meritfox Investments Ltd, a Seychelles Securities Dealer Licensee, authorised and regulated by the
Seychelles Financial Services Authority (FSA) under license number SD154 and registration number 810588-1 and governed by the Consolidated Securities Act,
2007 to 20th December 2018. Billing agent: Brial Investments Limited Reg. No: HE 435383 Agias Zonis 22, 3027, Limassol, Cyprus
INTRODUCING BROKERS
www.onequity.com
AGREEMENT

damages for loss of business profits, business interruption, loss of business information, or any other
pecuniary loss) arising out of the use of or inability to use any software provided by the Company to
Introducing Broker Introducing Broker for its use in transacting business with the Company, even if the
Company has been advised of the possibility of such damages.

23. ELECTRONIC RECORDATION

23.1 the Company may electronically record all customer FOREX and CFDs orders and any other
communications with Introducing Broker.

24. DATA PROTECTION

24.1 In this clause, ‘Data Protection Legislation’ means the EU General Data Protection Regulation 2016/679,
together with all other applicable legislation relating to privacy or data protection and including any statute
or statutory provision which amends, extends, consolidates, or replaces the same. The terms ‘personal
data’, ‘data subject’, “controller”, “processor” and “process” (and its derivatives) shall have the meanings
given to them in the Data Protection Legislation. Both Parties shall (and in the case of the Recipient shall
procure each of its Affiliates to) comply with its obligations under Data Protection Legislation in
respect of personal data processed by it in connection with this Agreement.

24.2 The Introducing Broker will not provide with personal data unless the agreement requires the use of
personal data, or requests such personal data from the Introducing Broker. In respect of any personal data
shared with (including data of the Counterparties employees, subcontractors, clients, or other individuals),
the Introducing Broker confirms that he has necessary authority from relevant data subjects for to use and
process it in accordance with the agreement, and that they have been given necessary information
regarding its use.

24.3 When will process Personal Data as a controller for legitimate business purposes, it includes, among
others, to provide its products and services pursuant to this Agreement, to administer and manage its
relationship with the Recipient and to perform its business activities. the Company is entitled to process or
transfer Personal Data to any jurisdiction including a jurisdiction outside the European Economic Area
including to any subcontractor if such transfer is permissible under Data Protection Legislation.

25. ENTIRE AGREEMENT

25.1 This Agreement constitutes the entire and whole agreement among its parties and is intended as a
complete and exclusive statement of the terms of their agreement. This Agreement may be amended only
upon execution of a subsequent agreement in writing. This Agreement shall supersede any oral
representations between the parties.

PAGE 10 | Initials (Partner): Initials (Company):


OnEquity.com is the brand name of Meritfox Investments Ltd, a Seychelles Securities Dealer Licensee, authorised and regulated by the
Seychelles Financial Services Authority (FSA) under license number SD154 and registration number 810588-1 and governed by the Consolidated Securities Act,
2007 to 20th December 2018. Billing agent: Brial Investments Limited Reg. No: HE 435383 Agias Zonis 22, 3027, Limassol, Cyprus
INTRODUCING BROKERS
www.onequity.com
AGREEMENT

26. WAIVER

26.1 Failure to exercise or delay in exercising any right, power or remedy hereunder by the Company shall
not operate as a waiver thereof, nor shall any single or partial exercise of any right, power or remedy of the
Company hereunder preclude any other or future exercise thereof or the exercise of any other right, power
or remedy.

27. GOVERNING LAW

27.1 This Agreement is entered into in accordance with and shall be governed by Seychelles law; provided
that if Seychelles law shall dictate that the laws of another jurisdiction be applied in any proceeding, such
law shall be superseded by this paragraph and the remaining laws of Seychelles shall nevertheless be
applied in such proceeding.

28. LOCATION OF LEGAL PROCEEDINGS

28.1 Any arbitration or other legal proceedings arising out of or relating to this Agreement or any dealings
between the Company and Introducing Broker and/or Introducing Broker’s officers, directors, employees
or agents, whether brought before or after any termination of this Agreement, shall be brought
to and heard only in the Court of Seychelles’ jurisdiction, and Introducing Broker expressly waives
any rights under any law or rule to cause any such proceedings to be brought or heard in any
other location.

29. SEVERABILITY

29.1 Nothing contained in this Agreement shall be construed as requiring the commission of any act
contrary to law. Whenever there is any conflict between any provision of this Agreement and any present
or future applicable statute, law, ordinance or regulation governing the transactions hereunder, the latter
shall prevail, but in such event, the provision of this Agreement thus affected shall be curtailed and limited
only to the extent necessary to bring it within the requirement of the law. In the event that any part,
paragraph, sentence or clause of the Agreement shall be held to be indefinite, invalid or otherwise
unenforceable, the entire Agreement shall not fail on account thereof, and the balance of the Agreement
shall continue in full force and effect.

30. NOTICES

30.1 All communications shall be sent to Introducing Broker according to the contact details provided to
and on file with the Company. The primary form of communication from the Company to Introducing
Broker will be by email. It is the responsibility of the Introducing Broker to ensure that any notice sent has
the ability to be received using the below methods. Written notice under this Agreement to Introducing
Broker may be made by email, facsimile, post or telephone, and to the Company by email

PAGE 11 | Initials (Partner): Initials (Company):


OnEquity.com is the brand name of Meritfox Investments Ltd, a Seychelles Securities Dealer Licensee, authorised and regulated by the
Seychelles Financial Services Authority (FSA) under license number SD154 and registration number 810588-1 and governed by the Consolidated Securities Act,
2007 to 20th December 2018. Billing agent: Brial Investments Limited Reg. No: HE 435383 Agias Zonis 22, 3027, Limassol, Cyprus
INTRODUCING BROKERS
www.onequity.com
AGREEMENT

(support@onequity.com) or post (Meritfox Investments Ltd, CT House, Office No. 9A, Providence, Mahe,
Seychelles) or such other address subsequently provided by either party in writing. All communications
given by the Company to Introducing Broker by courier shall be effective 96 hours after date of shipment,
or upon receipt, whichever is earlier; if hand delivered, when delivered to Introducing Broker’s address; if
telephonic, at the time of such telephone conversation; or if by facsimile transmission, upon receipt thereof,
if by email, one hour after emailing unless a “not sent” error is received from the email server.

31. TERMINATION

31.1 This Agreement may be terminated by Introducing Broker or the Company upon 5 (five) days written
notice, with or without cause, by written notice of termination given to the other party. All service fees due
to Introducing Broker as of the cessation of business on day of termination shall be paid and no further
service fees shall accrue after termination date.
31.2 Introducing Broker acknowledges and agrees that the Company can, at its discretion, terminate this
agreement if it becomes evident upon the approval of this agreement that Introducing Broker does not
meet, or is not progressing towards, the minimum standards for success.

The minimum standards for success are defined as per below:

• At least 2 Introduced Prospect Clients per month or 6 within a quarter.


• Introduction is valid and counted, only if Introduced Prospect Client is fully verified, deposits and
actively trading.
• Average client deposit >=50 USD or equivalent.
31.3 the Company may terminate this Agreement immediately and without notice under the following
conditions:
a) Introducing Broker, or its principals, directors, officers, and managers are convicted of a crime or,
serious violation of law that bears on their honesty and integrity.
b) the Company determines, in its sole discretion, that Introducing Broker has committed acts that are
inconsistent with (a) the provisions of the Company policy and procedures, (b) the material provisions
of this Agreement, (c) fair, just and equitable principles of trade, (d) nonresponse to written requests
from the Company, (e) Market Abuse.
c) Due to extenuating circumstances and/or change in the regulatory framework affecting either Party of
the Agreement in such a manner that the material services under it are deemed prohibited and/or
illegal and/or require licensing with the effect of the Agreement being void at the date of such
termination.
31.4 Upon receipt of written notice of termination, Introducing Broker may not solicit additional business
and must immediately remove from all websites or marketing materials all reference to the Company.

PAGE 12 | Initials (Partner): Initials (Company):


OnEquity.com is the brand name of Meritfox Investments Ltd, a Seychelles Securities Dealer Licensee, authorised and regulated by the
Seychelles Financial Services Authority (FSA) under license number SD154 and registration number 810588-1 and governed by the Consolidated Securities Act,
2007 to 20th December 2018. Billing agent: Brial Investments Limited Reg. No: HE 435383 Agias Zonis 22, 3027, Limassol, Cyprus
INTRODUCING BROKERS
www.onequity.com
AGREEMENT

32. ALIENATION

32.1 The rights granted hereunder to Introducing Broker are not assignable, and shall not be assigned, to
any other party.

33. ARBITRATION

33.1 ALL CONTROVERSIES, CAUSES OF ACTION, AND EQUITABLE CLAIMS ARISING OUT OF OR RELATING TO
THIS AGREEMENT, OR THE BUSINESS DEALINGS BETWEEN THE PARTIES, SHALL BE RESOLVED BY BINDING
ARBITRATION IN SEYCHELLES, BY THE “INTERNATIONAL COMMERCIAL ARBITRATION LAW, 1987”, IN
ACCORDANCE WITH ITS RULES FOR RESOLVING COMMERCIAL DISPUTES. JUDGMENT UPON ANY AWARD
RENDERED BY THE ARBITRATOR(S) MAY BE ENTERED IN ANY COURT HAVING JURISDICTION OVER THE
PARTIES. THE PARTIES AUTHORIZE THE ARBITRATOR(S) TO GRANT EQUITABLE RELIEF, AS WELL AS
MONETARY DAMAGES. THE PREVAILING PARTY, AS DETERMINED BY THE ARBITRATOR(S), SHALL BE
ENTITLED TO RECOVER FROM THE OTHER PARTY ALL COSTS AND EXPENSES (INCLUDING REASONABLE
ATTORNEYS’ FEES) INCURRED IN CONNECTION WITH THE ARBITRATION. ALL AWARDS RENDERED IN THE
ARBITRATION SHALL BE FINAL, BINDING ANDNON-APPEALABLE.

34. SECTION HEADING


34.1 The section headings in this Agreement have been inserted for convenience of reference and are not
part of this Agreement or to be used in interpretation thereof.
I, the Undersigned, acknowledge that I have received, read, and understood the forgoing This
Intermediation Broker Agreement. I have initiated each page and will sign below to signify my acceptance
of this agreement.
IN WITNESS WHEREOF, the parties hereto have placed their respective hands and seals the day and year
first before written.

INTRODUCING BROKER MERITFOX INVESTMENTS LIMITED

________________________________ ________________________________

By: By: ANDREAS POLYKARPOU

Client ID Number: Title: Director

Date: Date:

PAGE 13 | Initials (Partner): Initials (Company):


OnEquity.com is the brand name of Meritfox Investments Ltd, a Seychelles Securities Dealer Licensee, authorised and regulated by the
Seychelles Financial Services Authority (FSA) under license number SD154 and registration number 810588-1 and governed by the Consolidated Securities Act,
2007 to 20th December 2018. Billing agent: Brial Investments Limited Reg. No: HE 435383 Agias Zonis 22, 3027, Limassol, Cyprus

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