User Agreement

ARROUND INC.

Version 2.2 | Created: 11.05.2021

Welcome to ARROUND (the "Platform")!

This Agreement governs your use of the ARROUND Platform and contains the information about the ARROUND Platform set forth below. The text of the Agreement is a public offer, by creating an account in ARROUND, you confirm that you have read the current version of the Agreement and unconditionally accept these terms (make the acceptance of the offer), and the Agreement becomes legal between you and the ARROUND Platform:

The ARROUND Platform.

We agree to grant you access to the ARROUND Platform. The Platform includes all ARROUND products, features, applications, services, technology, and software that we provide to fulfill our mission. To help you get closer to the people you love in the world of augmented reality. The platform includes the following components:

Data Use Policy

The Privacy Policy explains how we collect, use and share information across ARROUND's various services. To use ARROUND, you must accept the Privacy Policy https://arround.world/privacy-policy-en/ .

Your Commitment

In exchange for our commitment to provide access to the Platform, you assume the following obligations to us.

Who may use ARROUND.

We want our Platform to be as open and accessible to everyone as possible, but also safe, secure and legally compliant. Therefore, in order to become part of the ARROUND community, you must comply with certain restrictions:

Prohibited uses of ARROUND.

Providing a safe and open Platform to the general community requires that each of us abide by the rules.

If you notice any of the above, you can complain about content you think is illegal or violates your intellectual property rights via a Message to the ARROUND team in the app, or you can email us at info@arround.world.

Permissions You Grant.

As part of our agreement, you also give us the permissions necessary to grant you access to the Platform.

Monetization

We give creative and talented people a unique chance to make money from their content. To this end, in ARROUND there is a possibility for every user to earn money. With full information about possibilities of earnings and compensation for these or other actions in ARROUND you can read in the profile of User in the section of the Wallet.

Currency of payments between the Parties is Euro (Euro), Dollar (USD), or any form of electronic (digital, cryptographic) currency in accordance with the individual rules developed and approved by the Company for the purposes of payments and settlements for the Service.

Remuneration is paid by the Company within 30 business days from the date the remuneration amount is placed in the Wallet section, provided that the User provides all the necessary information for remuneration payment.

In the payment of remuneration in an amount exceeding 1,999 Euros, additional requirements may be imposed on ARROUND by credit institutions in terms of justification of payments made. In this case, the term of payment is extended by the period of fulfillment of the requirements of the credit institution. Thus the Company has the right to request from the User additional documents and the information necessary for payment realization payment. If the User fails to provide the necessary documents and information, the User may not file any claims against the Company.

All payments are made to the User after deduction of value added tax, sales tax or other taxes, if the obligation to calculate and pay such tax is imposed on ARROUND by applicable law.

Any questions you may have can be answered through the Message to the ARROUND team in the app or by emailing us at info@arround.world

Trials, demos and betas

From time to time, ARROUND may offer users the opportunity to access and use trial, beta or demo versions of the Platform for a publicly available commercial release of the Platform. Trial, beta or demo versions may (at ARROUND's discretion) be limited in scope and offered only to users who meet certain criteria defined by ARROUND. In addition, trials, betas, or demos may be subject to additional terms and conditions.

Trials, betas, and demos are often offered for a limited period of time to test new features or functions of the application before launching such features. ARROUND reserves the right to suspend access to trials, betas, or demos (or portions thereof) at any time, without notice.

You acknowledge and agree that trial, beta, or demo versions of the Application are released for testing and improvement purposes only, in particular to provide ARROUND with feedback on the quality and usability of such trial, beta, or demo versions. Certain features may also be disabled in a trial, beta, or demo. In addition, betas or demos may contain bugs and create incompatibilities or damage to your mobile device. Therefore, we recommend that you keep full backups of any system you choose to install or use trial, beta or demo versions of the app.

Additional rights that we reserve

ARROUND may modify the software comprising the Platform at any time to improve the Platform, to correct defects, errors, malfunctions in the Platform, and to suspend the Platform upon discovery of unauthorized access to the Platform. If you use content that is subject to intellectual property rights held by us and provided by us on our Platform (for example, when creating a round and you may add 3D models, images, artwork, videos or sounds provided by us), we reserve all rights to our content (but not to your content).

You may only use our intellectual property and trademarks with our prior written permission. To do this, email us at info@arround.world.

You must obtain written permission from us or permission under an open license before modifying, creating derivative works, decompiling, or otherwise attempting to obtain source code from us.

Taxes and fees on remuneration amounts to be assessed and payable under applicable law, you are responsible for your own payment. ARROUND is not responsible for your failure to meet your tax obligations. You are not entitled to claim from ARROUND the reimbursement (compensation) of tax or other mandatory payments withheld by the Company pursuant to applicable law from the amounts of compensation paid to you.

Removal of Content and Temporary or Permanent Disabling of Your Account

We may remove any content or information you share on the Platform if we believe it violates these Terms of Use or our policies, or if permitted or required by law. We may refuse or immediately terminate your access to all or part of the Platform (including temporarily or permanently disabling your account) to protect our community or services, or if you pose a risk or adverse legal effect to us, violate these Terms of Use or our policies, systematically violate the intellectual property rights of others, or are permitted or required by law. If action is taken to temporarily or permanently disable your account, we will notify you, if appropriate. If you believe your account has been disabled in error, or you wish to disable or delete your account, please email us at info@arround.world.

If there is a disagreement.

Any amendment or waiver of our agreement must be in writing and signed by us. If you wish to withdraw from this agreement, you must email info@arround.world a statement to that effect in a scanned written document certified by your signature and cease all use of the Platform. If we do not seek to enforce any aspect of this agreement, it is not considered a waiver.

Who has rights under this agreement.

This agreement does not give any rights to third parties.

You may not assign your rights or obligations under this agreement without our consent.

We may assign our rights and obligations to others. For example, this may occur in the event of a change in ownership (by merger, takeover or sale of assets) or by operation of law.

Who would be liable if anything happened.

How We Resolve Disputes.

In the event of any disagreement or dispute between the Parties, ARROUND will use its best efforts to resolve it through internal negotiations. Unresolved disputes relating to the terms of this Agreement shall be resolved by the Court of Arbitration of the Republic of Cyprus, in accordance with the procedural rules and the applicable law.

Materials submitted at your initiative.

Feedback and other suggestions are important to us, but we may use them without any restrictions or obligation to pay you a fee for them, nor are we obligated to keep them confidential.

Amendments and Revisions

These Terms of Use constitute the entire agreement between ARROUND and the User regarding the Platform and supersede all prior agreements and understandings between us.

ARROUND reserves the right to amend or modify these Terms of Use at any time. Any changes to these Terms of Use will be notified to Users in advance and will become effective upon acceptance by Users. If you do not accept amended or new Terms of Use, you may not access, use or continue to use the Platform. ARROUND recommends that you periodically review the Terms of Use to be informed of any changes. ARROUND further reserves the right to change or modify the content of the Application at any time without notice and will not be liable to any party for the possible consequences of such changes. ARROUND may suspend, terminate or restrict access to any part of the Platform at any time and without notice.

By using the Platform after changes and/or additions have become effective, you consent to any and all such changes and/or additions.

ARROUND assumes no obligation to archive previous versions of these Terms of Use. Instead, ARROUND recommends that you print and save a copy of each version of these Terms of Use.

Contact Information

Questions, comments and requests regarding this Agreement should be addressed to:

Boumpoulinas, 1, 3rd floor, Flat/Office 31, 1060, Nicosia, Cyprus

info@arround.world

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