PARTNERS TERMS & CONDITIONS

Terms & Conditions for the Neorion Partners Program.

Q4/2024

Welcome to Neorion Synergy, a leader in sustainable innovation and collaborative growth. The Partners Program is designed to create a symbiotic relationship between Neorion Synergy and its partners, enabling shared success through equitable participation and mutual growth.

Purpose of this Document

This Terms & Conditions (T&C) document outlines the framework for participation in the Neorion Synergy Partners Program. It establishes mutual responsibilities, rights, and obligations to ensure transparency, fairness, and success for all involved parties.

Acknowledgment of Agreement

By joining the Neorion Synergy Partners Program, you acknowledge and agree to abide by the terms outlined in this document. Your participation signifies your acceptance of these terms, which govern your engagement with Neorion Synergy and your entitlements within the program.

Definitions

Understanding the key terms used in this document.

This section defines the key terms used throughout the Terms & Conditions document to ensure clarity and consistency.

Partner: An individual or entity accredited by Neorion Synergy to participate in the Partners Program, contributing investments and benefiting from program incentives.
PAE (Partners' Allocation of Earnings): A dynamic allocation system that distributes Neorion Synergy’s reported earnings to partners based on their investment share index and time index.
Active Days: The total number of days within a fiscal year that a partner remains active in the program, contributing to their time index calculation.
Pool: The aggregated total of all partner investments for a given fiscal year, forming the basis for calculating individual entitlements.
Investment Share Index: A metric derived by dividing a partner’s investment by the total investment pool, representing their proportional contribution.
Time Index: A metric reflecting the proportion of the fiscal year a partner was active in the program, influencing their PAE share.
Reported Earnings: The officially declared financial profits of Neorion Synergy for a fiscal year, used to calculate partner entitlements.
Referrer: An accredited partner who introduces new participants to the program. A referrer earns a referral reward of 2.5% of the referred partner's PAE earnings.
Referred Partner: A new participant successfully introduced to the program by a referrer. Referred partners must complete accreditation and fund their investments to activate referral benefits.
Partner Account Liaison (PAL): A dedicated representative assigned to each accredited partner. The PAL serves as a primary point of contact, guiding partners through their participation in the program, assisting with account funding, and addressing queries.
Referral Program: An incentive program rewarding partners for introducing new participants to the Neorion Synergy Partners Program. Rewards are based on the referred partner's accredited earnings.
Terms & Conditions (T&C): The binding document outlining the rules, responsibilities, and entitlements of all partners participating in the program.

Eligibility

Understanding the requirements to become a partner in the Neorion Synergy Partners Program.

To ensure the integrity and effectiveness of the Neorion Synergy Partners Program, participants must meet specific criteria and adhere to accreditation processes. Below are the eligibility requirements:

1. General Criteria

Legal Age: Participants must be at least 18 years old or of legal age in their jurisdiction.
Financial Capability: A minimum financial investment is required, depending on the selected partnership package.
Compliance: Adherence to all relevant laws, regulations, and Neorion Synergy’s internal policies.

2. Accreditation Requirements

Application Process: Submit a formal application via the Neorion Synergy Partners Portal.
Document Verification: Provide valid identification, proof of income, and other required documents for due diligence.
Approval: Successful applicants receive official accreditation, granting them access to the program benefits.

3. Restrictions and Disqualifications

Age Restriction: Individuals below the legal age in their region are not eligible to participate.
Financial Risk: Applicants unable to demonstrate financial stability or meet the minimum investment threshold may be disqualified.
Conflict of Interest: Entities or individuals with conflicts of interest, such as competitors or parties with adversarial legal standings, are restricted from joining.
Policy Violations: Breach of any Neorion Synergy policies or ethical guidelines will lead to immediate disqualification or removal from the program.

Partner Obligations

Outlining the responsibilities and commitments required of all Neorion Synergy partners.

As a partner in the Neorion Synergy Partners Program, you are expected to fulfill specific obligations to maintain the integrity of the program and maximize mutual benefits. Below are the key responsibilities:

1. Financial Contributions

Minimum Investment: Each partner must meet the minimum financial contribution associated with their selected partnership package.
Timely Payments: All contributions, including additional agreed-upon investments, must be made on or before the specified deadlines.
Investment Integrity: Partners must provide funds through legitimate and verifiable sources as part of Neorion Synergy's commitment to ethical operations.

2. Active Participation and Communication

Engagement: Partners are expected to actively participate in program activities, including annual meetings, financial reviews, and other key events.
Responsive Communication: Partners must provide accurate contact details and promptly respond to communications from Neorion Synergy regarding their investments or program updates.
Reporting: Partners are required to promptly report any changes in their financial or legal status that may affect their partnership eligibility.

3. Adherence to Ethical Guidelines and Policies

Compliance: Partners must adhere to all Neorion Synergy policies, including anti-money laundering (AML) and data protection regulations.
Ethical Conduct: All partners are expected to uphold high standards of professionalism, integrity, and ethical behavior.
Conflict Resolution: Disputes arising within the program must be addressed through the established Neorion Synergy resolution channels, maintaining a collaborative spirit.

By fulfilling these obligations, partners contribute to the growth and stability of the Neorion Synergy ecosystem, ensuring collective success and sustainability.

Program Features

Discover the unique benefits and mechanisms that drive the Neorion Synergy Partners Program.

The Neorion Synergy Partners Program offers a range of features designed to maximize partner value, foster growth, and ensure equitable participation. Here’s an overview of the key program benefits and mechanisms:

1. Exclusive Benefits

PAE: The Partners’ Allocation of Earnings is a dynamic growth feature that allows partners to earn proportionally from Neorion Synergy’s reported fiscal year earnings based on their investment and time in the pool.
ROI: Partners receive a reliable Return on Investment (ROI), paid quarterly, semi-annually, or annually, offering a steady income stream.
Growth Potential: Benefit from the compounding value of your investment as Neorion Synergy’s financial performance scales over time.

2. Liquidity Options and Trading Mechanisms

Liquidity Flexibility: Partners can liquidate their investments partially or fully through the dashboard, providing financial flexibility when needed.
Trading PAE Units: PAE units can be traded within the partner ecosystem, enabling value realization while other partners or Neorion Synergy absorb the units.
Transparent Reserves: Neorion Synergy maintains a liquidity reserve to ensure stability and seamless trading operations within the program.

3. Calculation Indices for PAE

The PAE system uses two indices to ensure equitable earnings allocation:

Investment Share Index: Represents the proportion of a partner’s financial contribution to the total investment pool, ensuring a fair distribution of earnings.
Time Index: Accounts for the number of active days the partner has been in the pool during the fiscal year, ensuring realistic allocations for newer partners while minimizing impact on long-term participants.

Together, these features and mechanisms create a robust system that combines reliability, flexibility, and growth to empower Neorion Synergy partners.

Earnings and Allocations

Understand how earnings are calculated, distributed, and adjusted within the Neorion Synergy Partners Program.

The Neorion Synergy Partners Program ensures a transparent and equitable approach to earnings allocation. Here’s how earnings and allocations are structured:

1. Calculation Methodology for PAE Shares

Investment Share Index: The proportion of a partner’s contribution relative to the total investment pool, ensuring fairness in earnings distribution.
Time Index: Adjusts earnings based on the number of days a partner has been active in the pool during the fiscal year, incentivizing early commitment while maintaining equity.
Formula: PAE Share = (Investment Share Index × Time Index) × Reported Earnings. This ensures allocations are precise and reflective of partner contributions and participation.

2. Distribution Schedule and Process

Annual Allocation: PAE shares are calculated and distributed at the end of each fiscal year, ensuring all earnings are reported and audited for transparency.
Partner Dashboard: Earnings are reflected in real-time on the partner dashboard, providing visibility and easy access to detailed allocation breakdowns.
Withdrawal Options: Partners can withdraw their allocated earnings as per the program's liquidity guidelines, ensuring flexibility.

3. Adjustments and Reallocations

Adjustments: Earnings may be adjusted in exceptional cases such as changes in reported earnings, partner disqualification, or unforeseen fiscal events.
Reallocation Conditions: If a partner exits the program mid-year, their earnings are reallocated proportionally among remaining partners, ensuring pool stability.
Reserve Fund: Neorion Synergy’s reserve fund is utilized to buffer reallocations and ensure seamless operations in case of adjustments.

By adhering to these methodologies and schedules, Neorion Synergy ensures that all partners benefit equitably from the program's earnings while maintaining a robust and transparent system.

Reserve and Stability Policy

Ensuring financial stability, liquidity, and market integrity for the Neorion Synergy Partners Program.

Neorion Synergy’s Reserve and Stability Policy is a cornerstone of the Partners Program, ensuring sustainability and protecting partner investments. The policy outlines measures to safeguard liquidity and maintain the program's integrity.

1. Neorion Synergy’s PAE Reserve

Reserve Allocation: A significant portion of the PAE pool is retained as a reserve to address liquidity needs and protect against market fluctuations.
Purpose: The reserve ensures seamless earnings distribution, especially during periods of financial uncertainty or partner withdrawals.
Growth Alignment: As Neorion Synergy grows, the reserve proportion is adjusted to reflect the company’s evolving financial landscape and partner needs.

2. Liquidity and Stability Measures

Liquidity Buffer: The reserve acts as a liquidity buffer, enabling prompt payouts and maintaining the program’s operational efficiency.
Market Integrity: The reserve minimizes speculative behavior by limiting abrupt changes in PAE unit availability, fostering a stable investment environment.
Partner Confidence: Demonstrates Neorion Synergy’s commitment to responsible financial governance, enhancing trust among existing and prospective partners.

3. Policy Adjustments and Transparency

Periodic Reviews: The reserve and associated policies are reviewed annually to adapt to market conditions and ensure alignment with program goals.
Transparent Reporting: Reserve usage and adjustments are documented and accessible through the partner dashboard, reinforcing Neorion Synergy’s dedication to openness.
Contingency Planning: In the event of unforeseen circumstances, reserve funds are prioritized to sustain the program and meet partner obligations.

By implementing a robust reserve policy, Neorion Synergy guarantees financial resilience, ensuring that the Partners Program continues to deliver value to all participants.

Referral Program Terms and Conditions

Learn about the structure, eligibility, and benefits of Neorion Synergy's Referral Program.

The Referral Program is designed to reward accredited partners who introduce new participants to the Neorion Synergy Partners Program. Below are the terms and conditions governing referrals:

1. Eligibility Criteria

Accreditation: Only fully accredited partners are eligible to refer others and earn referral benefits.
Successful Referral: A referral is considered successful once the referred participant completes accreditation and funds their investment within the specified timeframe.
Limitations: Partners must adhere to ethical practices and avoid any misrepresentation of the program to potential participants.

2. Referral Rewards

Earnings Percentage: Accredited partners earn a 2.5% share of the total earnings generated by their referred participants.
Distribution Schedule: Referral earnings are credited alongside annual allocations and reflected in the partner dashboard.
Transparency: Partners can track their referral performance and earnings breakdown through the dashboard.

3. Referral Guidelines and Restrictions

Ethical Practices: Partners must not coerce or mislead individuals into joining the program. All referrals should be made in good faith.
Exclusive Benefit: Referral rewards cannot be shared, transferred, or combined with other incentives.
Disqualification: Any attempt to abuse the referral system may result in the loss of referral rewards and potential disqualification from the program.

4. Additional Notes

Non-Refundable Contributions: Contributions from referred participants are final and governed by the general terms of the Neorion Synergy Partners Program.
System Integrity: Neorion Synergy reserves the right to audit referral activities and enforce measures to maintain the integrity of the program.
Updates: Referral terms may be revised periodically. Partners will be notified of significant changes via email or the partner dashboard.

By participating in the Referral Program, partners agree to abide by these terms and conditions. Neorion Synergy is committed to ensuring a fair and transparent system for rewarding its valued partners.

Program Modifications

Understanding Neorion Synergy’s rights to modify the program and partners' options in case of significant changes.

To ensure the Neorion Synergy Partners Program remains adaptive and aligned with evolving business needs, Neorion Synergy reserves the right to modify its terms, features, and policies. This section details how changes are managed and the recourse options available to partners.

1. Right to Modify Terms

Business Needs: Modifications may be made to adapt to changing market conditions, regulatory requirements, or operational strategies.
Scope of Modifications: Changes may include updates to the PAE calculation formula, eligibility criteria, payout schedules, or other program features.
Fairness Assurance: Neorion Synergy commits to implementing changes equitably, ensuring minimal disruption to existing partners.

2. Notification Process

Advance Notice: Partners will receive at least 30 days' notice for significant program changes, unless immediate action is required by law or unforeseen circumstances.
Communication Channels: Notifications will be sent via email, posted on the partner dashboard, or both, ensuring accessibility for all partners.
Comprehensive Details: Each notification will include a summary of the changes, the reasons for them, and their effective date.

3. Partner Recourse Options

Feedback Opportunity: Partners are encouraged to provide feedback or seek clarifications about any modifications through the designated support channels.
Opt-Out Option: In cases of significant changes, partners may choose to exit the program under pre-defined conditions, ensuring fairness.
Dispute Resolution: For grievances arising from program modifications, Neorion Synergy provides a structured resolution process to address partner concerns effectively.

By maintaining transparency and providing clear recourse options, Neorion Synergy ensures that all partners are informed and fairly treated in the event of program modifications.

Termination of Participation

Guidelines for voluntary withdrawal and Neorion Synergy-initiated termination.

The Neorion Synergy Partners Program provides partners with clear processes for withdrawing from the program or handling termination initiated by Neorion Synergy. This section outlines the procedures and conditions for each scenario.

1. Voluntary Withdrawal

Process: Partners may withdraw from the program at any time by submitting a written request through the partner dashboard or designated support channels.
Notice Period: A minimum notice period of 30 days is required to ensure proper processing of the withdrawal.
Final Settlement: Any outstanding PAE and ROI will be calculated up to the withdrawal date and disbursed as per the program’s terms.

2. Neorion Synergy-Initiated Termination

Reasons for Termination:
- Breaches of program terms or ethical guidelines.
- Extended periods of inactivity as defined in the program’s policies.
- Legal or regulatory violations associated with the partner.
Notification: Partners will receive a formal notice of termination, detailing the reasons and effective date.
Appeal Process: Partners may appeal the termination decision within 14 days of receiving the notice by contacting Neorion Synergy’s dispute resolution team.

3. Handling of Outstanding PAE and ROI

Pro-Rated Calculations: Outstanding PAE and ROI will be pro-rated up to the termination date.
Final Disbursement: Disbursed within 30 days after completion of all termination procedures.
Reserve Handling: Neorion Synergy retains the right to deduct outstanding obligations or penalties (if applicable) before final disbursement.

By defining clear processes and safeguards, Neorion Synergy ensures that termination of participation is handled transparently and equitably, protecting the interests of all parties involved.

Confidentiality and Data Privacy

Ensuring the protection of partner information and compliance with data privacy regulations.

Neorion Synergy is committed to maintaining the confidentiality and security of partner data and ensuring compliance with all relevant data privacy laws. This section outlines the policies regarding data usage, confidentiality, and the protection of personal and program-related information.

1. Partner Data Usage

Data Collection: Neorion Synergy may collect and process personal and financial data from partners as part of their participation in the program.
Usage: Data will be used solely for the purposes of managing the partner relationship, calculating earnings, and maintaining program integrity.
Data Storage: Partner data will be stored securely in Neorion Synergy’s database, with restricted access to authorized personnel only.
Third-Party Sharing: Neorion Synergy will not share partner data with third parties unless required by law or to provide services directly related to the program.

2. Confidentiality of Program-Related Information

Non-Disclosure: Partners are required to maintain confidentiality regarding sensitive program information, including financial details, earnings calculations, and internal business strategies.
Internal Use: Confidential information is to be used only within the scope of the program and for the benefit of both Neorion Synergy and the partner.
Exceptions: Information that is publicly available, lawfully obtained from third parties, or required to be disclosed by law is not covered under the confidentiality agreement.

3. Compliance with Data Protection Laws

Applicable Laws: Neorion Synergy adheres to all applicable data protection and privacy regulations, including but not limited to GDPR, CCPA, and any local regulations in the partner’s jurisdiction.
Partner Rights: Partners have the right to access, correct, and request the deletion of their personal data in accordance with applicable laws.
Data Breach Protocol: In the event of a data breach, Neorion Synergy will notify affected partners within the prescribed legal time frame and take immediate action to mitigate risks.

Neorion Synergy’s data privacy and confidentiality policies are designed to ensure that partners' personal information remains secure and that both parties uphold the highest standards of trust and transparency.

Dispute Resolution

Procedure for resolving conflicts and disagreements related to the Partners Program.

In the event of a conflict or dispute arising from or related to the Partners Program, Neorion Synergy is committed to resolving the issue fairly and efficiently through structured procedures. This section outlines the steps to be taken in the case of a dispute and the methods available to partners for conflict resolution.

1. Conflict Resolution Procedure

Initial Communication: In case of a dispute, the first step is for the partner to communicate the issue directly to Neorion Synergy’s designated support team via email or the partner’s dashboard. The partner should provide a detailed description of the issue.
Internal Review: Neorion Synergy will acknowledge receipt of the complaint within 5 business days and initiate an internal review. The team will assess the situation and attempt to resolve the matter through dialogue and negotiation.
Resolution Timeline: Neorion Synergy aims to resolve all disputes within 30 days of receiving the initial complaint. If a resolution cannot be reached within this time, alternative dispute resolution options will be considered.

2. Arbitration or Mediation

Arbitration: If the dispute remains unresolved through internal review, both parties agree to submit the matter to binding arbitration under the rules of [Arbitration Body], which will take place in [Jurisdiction]. The decision made by the arbitrator will be final and binding.
Mediation: Prior to arbitration, the parties may opt for mediation. A neutral third-party mediator will facilitate discussions in an attempt to reach a mutual agreement. Mediation is non-binding, and either party may proceed to arbitration if an agreement is not reached.

3. Governing Jurisdiction and Applicable Laws

Jurisdiction: The governing jurisdiction for any disputes related to the Partners Program shall be [Country/State], where Neorion Synergy’s primary office is located.
Applicable Laws: This agreement and any disputes shall be governed by the laws of [Country/State], without regard to its conflict of law principles.
Legal Costs: Each party shall bear its own legal costs and expenses unless the arbitrator or mediator determines otherwise.

Neorion Synergy encourages all partners to attempt to resolve any disputes amicably and through constructive communication. However, in the event of a more formal resolution process, the arbitration and mediation steps outlined above will ensure that both parties have a fair opportunity to present their case and reach a final decision.

Liability and Indemnity

Clarifying the limitations of Neorion Synergy's liability and the indemnification obligations of partners.

This section outlines the limits of Neorion Synergy’s liability in relation to the Partners Program and the indemnification obligations of the partners. These provisions ensure clarity and fairness in case of any claims or damages arising from participation in the program.

1. Limitations of Neorion Synergy’s Liability

General Disclaimer: Neorion Synergy shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages arising from or related to a partner’s participation in the program, except as expressly stated in this Agreement.
No Guarantee of Returns: While Neorion Synergy strives to create a profitable environment for all partners, it does not guarantee any specific financial returns or outcomes from participation in the program. All investments and associated risks are borne solely by the partner.
Force Majeure: Neorion Synergy will not be liable for any delays, failures, or disruptions in the program caused by events beyond its reasonable control, including, but not limited to, natural disasters, war, pandemics, strikes, or government actions.
Third-Party Actions: Neorion Synergy is not responsible for the actions, omissions, or conduct of third-party entities (e.g., financial institutions, service providers) involved in the operation of the program.

2. Partner Indemnification Obligations

Indemnification by Partner: The partner agrees to indemnify, defend, and hold harmless Neorion Synergy, its affiliates, directors, employees, and agents from and against any and all claims, losses, damages, liabilities, costs, or expenses (including legal fees) arising out of or related to the partner’s participation in the program, including any violation of the terms and conditions outlined herein.
Indemnification Scope: This indemnification obligation covers, but is not limited to, any claims related to the partner’s actions, misconduct, failure to comply with legal obligations, or infringement of third-party rights during the course of the partner's involvement with Neorion Synergy.
Defense of Claims: In the event of a claim, Neorion Synergy reserves the right to take control of the defense at the partner’s expense. The partner agrees to cooperate fully with Neorion Synergy in the defense of such claims.

These provisions help manage the risks associated with the Partners Program and provide clarity on the responsibilities of both Neorion Synergy and the partner in the event of disputes or legal actions.

Force Majeure

Outlining the conditions under which obligations are waived due to unforeseen circumstances.

This section outlines the circumstances under which the obligations of Neorion Synergy and its partners may be waived or delayed due to events beyond their reasonable control. These events, referred to as “Force Majeure,” include, but are not limited to, natural disasters, economic crises, and other extraordinary situations.

1. Definition of Force Majeure

For the purposes of this Agreement, "Force Majeure" refers to any event or circumstance beyond the control of the affected party, which prevents or delays the performance of its obligations under this Agreement. Such events may include, but are not limited to:

Natural Disasters: Earthquakes, floods, hurricanes, fires, or any other natural catastrophes.
Government Actions: Acts of government, including but not limited to regulatory changes, national or international sanctions, or other restrictions.
Economic Crises: Financial crises, economic recessions, or severe disruptions in financial markets or banking systems.
War or Conflict: Armed conflicts, wars, terrorism, civil disturbances, or riots.
Pandemics or Epidemics: Widespread illness or health crises that prevent normal business operations.
Technological Failures: Major system or infrastructure failures that impact the ability to deliver services or products, such as power outages, internet breakdowns, or cyber-attacks.

2. Waiver of Obligations

In the event of a Force Majeure, Neorion Synergy and its partners will be excused from fulfilling their obligations under this Agreement to the extent that such performance is delayed or prevented by the Force Majeure event. Neither party will be liable for any failure or delay in performance under this Agreement due to a Force Majeure event.

Notification: The affected party must notify the other party in writing as soon as reasonably possible about the occurrence of a Force Majeure event.
Duration of Force Majeure: If the Force Majeure event continues for an extended period (e.g., more than 30 days), either party may have the right to terminate or modify the Agreement with written notice.
Mitigation: Both parties must take reasonable steps to mitigate the impact of the Force Majeure event and resume performance as soon as possible.

3. Exceptions to Force Majeure

Notwithstanding the provisions above, Force Majeure shall not apply in the following circumstances:

The inability to pay any financial obligations or meet payment deadlines.
Any personal or financial issues unrelated to external catastrophic events.

The Force Majeure clause ensures that both Neorion Synergy and its partners are treated fairly during unforeseen situations, allowing them to adjust obligations where necessary and avoid penalties for factors outside their control.

Acceptance and Updates

Clarifying partner acknowledgment of the Terms and Conditions and the process for updates or amendments.

1. Partner Acknowledgment

By enrolling in the Neorion Synergy Partners Program, each partner acknowledges and agrees to the Terms and Conditions (T&C) outlined in this document. This acknowledgment is formalized through the following steps:

Digital Acceptance: Partners must indicate agreement by electronically signing or checking the acceptance box during the registration process.
Binding Agreement: This T&C serves as a legally binding agreement between the partner and Neorion Synergy, enforceable under applicable laws.
Ongoing Compliance: Partners are responsible for reviewing and adhering to the T&C as long as they remain in the program.

2. Updates and Amendments

Neorion Synergy reserves the right to update or amend these Terms and Conditions to reflect changes in the program, legal requirements, or business needs. The process for updates includes:

Notification: All partners will receive written notice of any updates or amendments at least 30 days before they take effect. Notifications will be sent via email and posted on the partner dashboard.
Review Period: During the 30-day notice period, partners are encouraged to review the changes and raise any concerns or questions with Neorion Synergy's support team.
Continued Participation: Continued participation in the program after the update's effective date constitutes acceptance of the revised T&C.
Option to Opt-Out: If a partner does not agree to the updated terms, they may voluntarily withdraw from the program without penalty, provided they notify Neorion Synergy in writing within the review period.

3. Version Control

To ensure transparency, Neorion Synergy will maintain a version history of all T&C updates, accessible to partners through the resource library. Each version will include:

The effective date of the updated terms.
A summary of changes made.
Links to previous versions for reference.

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