Registration

STANDARD SERVICE POLICY

Under the trade name SunMoney, as a part of SunMoney Solar Group, SunMoney Solar FZ LLE (License No: 4350/2014, address: PO Box: 4422, Creative Tower, Fujairah, UAE) is specialised in the utilization of renewable energy resources by using the unfailing source of solar energy.

"The purpose of SunMoney is establishing and promoting the Community Solar Power Programme aimed at the spreading of green electricity and the building of communities to make the Earth a greener planet.

All activities of SunMoney serve the objective that the Community - through its active participation in the referral system and community building - empowered by financial and moral motivation involves as many people as possible in the establishment and operation of the SunMoney Community Solar Power Programme, which is intended to be one of the greatest environmental initiatives of the world.

SunMoney owns the rights related to parts of the power plant that physically exist in the SunMoney Community Solar Power Programme and that was specified at the date of acquiring the usage and exploitation rights. SunMoney markets the exploitation rights related to such parts of the Solar Panels - specified in the Service Agreements - in the form of Solar Packages specified in the Standard Service Policy. Members shall purchase from the SunMoney Community Solar Power Programme units of exploitation right packages expressed in nominal power and made up of exploitation rights related to such Solar Panels.

The exploitation right represented by the packages is leased by SunMoney in order to utilize it in the framework of the SunMoney Community Solar Power Programme.

At the date of purchase these exploitation rights are related to the physically existing Solar Panel Parts and are owned or used by SUNMONEY SOLAR GMBH (DE-80336 München, Mozartstrasse 8., Registration number: HRB 224129, State of Registry: Amtsgericht München Registergericht) or other Partners.

In the course of establishing and organizing the SunMoney Community Solar Power Programme SunMoney is building a community aimed at promoting extensive green electricity; in this Programme the exploitation rights are marketed to the participants in a way that all Members shall be entitled to a Solar Royalty fee in the Reference Period of the Current Month in proportion of the nominal power of their existing Solar Package participating in the SunMoney Community Solar Power Programme set against the total of the exploitation rights expressed in nominal power.

Through this Service SunMoney provides income on the long-run to the members of the SunMoney Community Solar Power Programme. The members of the SunMoney Community Solar Power Programme gain income from leasing the rights purchased as part of the Service on one hand, and from referring the Service to third parties and from active community building on the other hand.

By registering, the Member of the SunMoney Community Solar Power Programme acknowledges that he/she has read and understood the present Standard Service Policy, the prevailing Code of Conduct, and considers himself/ herself bound by the provisions of the prevailing Business Policy and Code of Conduct; the Member furthermore gives his/her consent to the handling of his/ her data according to the Privacy Policy.

The present Standard Service Policy and the Code of Conduct stipulates the rights and obligations of SunMoney and the members of the SunMoney Community Solar Power Programme, along with the terms and conditions specified in the Service Agreement and Referral Agreement concluded by them.

SunMoney and all members of the SunMoney Community Solar Power Programme shall observe the prevailing Standard Service Policy and Code of Conduct.

1. Definitions
“Agreement” or “Agreements” mean the Service Agreement

“Bonus Account” is the account on which SunMoney records the fees paid to the Referrer in accordance with Sections 5.3.2-5.3.4.

“Community Package” means any of the packages which are included in the prevailing List of Terms and Conditions published on the Website.

„CV (Community Volume)” means the value of points that is taken into consideration when calculating the Fees.

„Direct Partner” means a Partner who was invited by the Referrer or registers via a Referrer’s link.

“Referral Agreement” shall mean the contract which is concluded by the Referrer in order to participate in the building of the community by increasing the number of members of the SunMoney Community Solar Power Programme.

“Referrer” shall be the Partner who is a member of the SunMoney Community Solar Power Programme and who participates in building the community through referrals.

“Fee” or “Fees” shall mean, depending on the context, all compensations received by the Referrer in accordance with the Agreements.

“Branch” means the Community of Referrers that are connected to a Referrer. Every Referrer has two direct Branches.

“Referral Fees” shall mean the Fees payable to the Referrer in accordance with Sections 5.3.2-5.3.4.

“Community” shall mean the set of Referrers with positions on the Branches directly connected to a Referrer.

“Community Tree” means the relationship depicting the Community attached to the Referrer.

“Website Facilitating Online Community Building” shall mean the website, which is accessible in the WebOffice under the menu item “Account/ Subdomain” at the address (requested subdomain). SunMoneyonline.com or SunMoneyonline.com/requested subdomain and which facilitates SunMoney community building and can be customized and designed.

“Package” shall either mean both the Solar Package or Community Package collectively or only one of the two, depending on the context.

“Partner” shall mean any party who initiates Registration in order to purchase Packages or to use other Services provided by the SunMoney Community Solar Power Programme, and whose Registration is completed.
It shall be considered as “Acquisition of position in bad faith” if anybody who has previously registered in order to evade the conditions specified in Section 6.4. transfers his/her position- under the legal title of transfer or other legal title - to the ownership of somebody else in order to acquire a new position and thereby changing his/her - original - position in the Community Tree.

“Member” means any registered Person.

“Person” means the private individuals, business associations and other legal persons, including the heirs of private individuals and the successors of the business associations or legal persons.

“Position” has the meaning specified in Section 6.
“Privacy Policy” means the privacy policy of SunMoney available on the

Website.
“Registration” has the meaning specified in Section 2.

“Solar Royalty Account” shall mean the account on which SunMoney records the Solar Royalty payable to the Member of the SunMoney Community Solar Power Programme.

“Solar Royalty Fee” has the meaning specified in Section 5.3.1.

“Service Agreement” means the agreement with respect to the Services entered into by and concluded between the Member of the SunMoney Community Solar Power Programme and SunMoney.

“Service Fee” means the service fee specified in the Service Agreement.

“Service” shall mean the sale and lease of the exploitation right of the Solar Panel Parts expressed in nominal power by SunMoney, for utilization in the framework of the SunMoney Community Solar Power Programme. In case a Community Package is purchased, Service shall mean ensuring the option to request the Website Facilitating Online Community Building, the use of the WebOffice, the provision of the Training Materials, as well as Other Advantages provided to the members of the SunMoney Community Solar Power Programme and published on the Website Facilitating Online Community Building.

“Solar Package” means any of the packages detailed in Section 4.2.1. of this Standard Service Policy, which contains only Solar Panel Parts.

“Solar Panel Part” shall mean the exploitation rights expressed in nominal power (W) as part of the Packages in the solar power plants operating at any time in the SunMoney Community Solar Power Programme, and entitling the owner to receive Solar Royalty.

“Solar Power Plant” shall mean the total of the exploitation and usage rights managed by SunMoney - and transferred to SunMoney - connected to the Solar Panel Parts constituting part of the solar power plants utilized in the SunMoney Community Solar Power Programme and owned by the owner SunMoney Solar Gmbh. (Mozartstraße 8, DE-80336 München) incorporated in Germany and by other partners.

“Standard Service Policy” means this standard service policy.

“Stronger Branch” shall mean the Branch of the Referrer that generates higher amount of EuroCV value based on the reference period of the current month.

“Reference Period of the Current Month” shall mean the total of the settlement data concerning the given calendar month.

“Successor” means the heir of a natural or another person.

„SunMoney” shall mean the Community Solar Power Program, the rights of which are managed by SunMoney Solar Group Big Billers Rec 2 Rec FZ LLE (PO Box: 4422, Creative Tower, Fujairah, License No: 4350/2014) company.

The “SunMoney Solar Group” means the company group incorporating current and future companies operating the SunMoney Community Solar Power Programme and performing activities to spread the use of green energy while using the SunMoney trademarks legally.

„Training Materials” means the material and information which serves to instruct about the purposes of SunMoney, to promote the Solar Energy, and to help building a community and support personal development. It can be provided in any form.

„WebOffice” means the web office operated by SunMoney via the Website. „Website” means the website accessible under the domain

www.Sunmoney.com

„Weaker Branch” shall mean the Branch of the Referrer that generates smaller amount of EuroCV value based on the reference period of the current month.

2. Registration

2.1. Registration

2.1.1. In order to gain access to the Services, the Partner shall register via the Website („Registration”). The Registration of the Partner can be initiated in the following methods:
(i) the Referrer initiates the sending of an invitation to the Partner by submitting the name and e-mail address of the Partner via the WebOffice, under the menu item „Network/Invitation” (SunMoney can suspend the possibility of invitation discussed here); or

(ii) the Referrer initiates the sending of an invitation to the Partner by submitting the e-mail address, name and the place and the date of birth of the Partner by clicking on any of the spaces tagged with the „Invite” sign in the Community Tree, under the menu item „Community/Placement of a Member”.

(iii) With the help of the link provided to the Referrer - and generated by SunMoney automatically, suitable for individual identification, and available at the WebOffice at all times, with individual appearances in different languages.

2.1.2. SunMoney – except for the case in 2.1.1. (iii) - sends an invitation to the Partner within 24 hours after the initiation of the Registration. The language of the invitation is English or any other language selected by the Referrer in the WebOffice. The text of the invitation in the language selected by the Referrer and the English language text of the invitation have identical contents. In case of any discrepancies between the texts of the invitations, the English language version shall prevail, while the invitation sent in the language selected by the Referrer is for information purposes only.

2.1.3. The invitation sent to the Partner contains a link by which the Partner can access the registration site. The Partner can register on the registration site by submitting his/her name and e-mail address or with the help of Facebook, or Google account, and by ticking the appropriate boxes. Subsequently the Partner can confirm his/her intention – if the user actually wishes to register to SunMoney - to register and finalise the registration in a pop-up window which contains his/her username (ID), his/her password enabling the first login and a link which enables the partner to finalise the registration.

In case of a registration via Facebook or Google account the Partner authorizes SunMoney to acquire, store and use the data necessary to realize the registration. The authorization is limited to this purpose only.

Upon registration, an identification link is automatically generated for each and every Member. If this link is forwarded and then used to login by a third party, this will result in the registration of the third party as well. In the latter case, the completion of the Registration does not require an invitation to be sent. The login name (ID), the password for the first signing in and a registration link are provided, clicking on which - if the user actually wishes to register for SunMoney - confirms the user's intention to register through a pop-up window and then finalizes the Registration.

2.1.4. With the Registration, the Partner acknowledges that it is aware of this Standard Service Policy, the Code of Conduct and gives its consent to SunMoney to send newsletters to the e-mail address submitted during the course of the Registration. The Partner moreover commits to adhere to the prevailing Standard Service Policy, the Code of Conduct and gives his/her consent to the management of his/her data in accordance with the provisions of the Privacy Policy.

By finalizing the Registration the Partner becomes a Member of the SunMoney Community Solar Power Programme by joining the Community Tree of the Referrer. By finalizing the Registration the Partner acknowledges that as a Member of the SunMoney Community Solar Power Programme he/she is bound by the prevailing Business Policy, the Code of Conduct and the Privacy Policy.

3. Conclusion of the Referral Agreement and the activities of the Referrer

3.1. At the time of the finalisation of the Registration, the Member shall enter into a Referral Agreement with SunMoney in order to refer the Packages specified in the prevailing List of Terms and Conditions on the Website and/or participate in building the community.

3.2. Conclusion of the Referral Agreement