License Agreement

(Public offer)

Last updated August 24, 2024

Procedure for conclusion of the Agreement

The text of the Agreement permanently posted on the Internet at: https://businessboosterusa.com/docs/accelerator_license.html and available on the Website, contains all material terms of the Agreement and constitutes an offer by COURSE CLOUD LLC to enter into the Agreement on the terms and conditions specified in the text with any fully capable person (hereinafter - Sublicensee). The text of the Agreement is a public offer.

Terms, rights and obligations of the Sublicensee and the Licensee, other terms and conditions that are an integral part of this Agreement, as well as information on the composition and procedure for providing the Services are set forth in the General Terms of Cooperation, which are permanently posted here.

This Agreement, by and between

COURSE CLOUD LLC (405 Kerry Drive Clearwater, FL. US 33765), incorporated as a legal entity under the laws of the State of Florida, USA (hereinafter referred to as Licensee), hereby expresses its intention to enter into an agreement with the Sublicensee, who accepts the terms and conditions of this agreement, to provide services of access to the platform with the Production Secret (know-how) (Business Booster Technology) on the terms and conditions set forth below, (hereinafter referred to as the Agreement).

1. Subject of the Agreement

1.1. The Licensee shall provide and the Sublicensee shall pay for access - participation in the Business Booster Accelerator. Accelerator means a set of services aimed at training business owners and members of their teams in business management. The Accelerator provides companies with access to training, mentoring, experts and other resources necessary for training for successful business development, systematisation and management. The list of Services provided by the Licensee is defined in Section 11 of the General Terms of Cooperation.

1.2. By making payment to the Licensee, the Sublicensee shall declare his full and unconditional acceptance of all the terms and conditions of this Agreement, as well as the General Terms of Cooperation (thereby making their acceptance) as well as providing consent to the processing of personal data in the scope.

1.3. The co-owner of the Sublicensee may participate in the Accelerator together with the Sublicensee (hereinafter referred to as the Co-owner). Access to the materials for the Sublicensee and the Co-owner shall be opened simultaneously. If the Co-owner, after accepting the terms of the Agreement, intends to change the terms of its participation in the Accelerator, it has the right to conclude a separate agreement with the Sublicensee. In case of termination of this Agreement, access to the materials for the Co-owner shall be closed.

1.4. The Sublicensor undertakes to provide data about the Co-owner (contact information: full name, email, etc.) to the Licensee.

1.5. The Licensee grants the Co-Owner access to the Accelerator from the date agreed upon by the Parties. The terms and conditions of Co-Owner's participation and the description of its Participation Status are provided in Schedule No. 1 to this Agreement and in the General Terms and Conditions of Cooperation. The Co-owner has access to the Resident-Owner, VIP Resident-Owner and Premium Resident-Owner statuses only.

2. Agreement conclusion

2.1 The conclusion of this Agreement is realized by the Sublicensee by performing the following actions (acceptance of the offer):

2.1.1. The Sublicensee clicks the button "I accept the terms of the offer" on the Website;

2.1.2. the Sublicensee clicks the button "I accept the terms of the personal data processing policy" on the Website;

2.1.3. The Sublicensee selects the Tariff and Participation Status on the Website and pays for it on the terms and conditions set by the Licensee.

2.2 By concluding this Agreement, the Sublicensee confirms that it has been fully provided with reliable information necessary and sufficient for making a decision on its conclusion.

2.4. The Start date of the Accelerator is determined by Schedule No. 1 to the Agreement.

2.5 The validity term of the Agreement shall be determined in accordance with Schedule No. 1 to the Agreement. The Agreement shall be automatically prolonged for the same term if the Sublicensee pays for the Licensee's Services according to the Licensee's tariffs valid at the moment of payment.

2.6 When registering on the Learning Platform, the Sublicensee provides the Licensee with the data of the participant in the Accelerator: email, full name.

3. Payment procedure

3.1 The cost of the Licensee's Services and the settlement procedure shall be determined by Schedule No. 1 to the Agreement.

3.2 The date of fulfilment of payment obligations is the date of receipt of funds to the Licensee's account.

3.3 Payment by the Sublicensee for the subsequent period (Course) of participation in the Accelerator is a confirmation that the services for all previous Courses have been received in full and accepted by the Sublicensee without comments.

4. Term of validity of the Agreement. Cancellation procedure

4.1 The Agreement comes into effect from the date of acceptance of the offer by the Sublicensee. The term of validity of the Agreement corresponds to the number of Periods of participation in the Accelerator paid by the Sublicensee. The term of validity of the Agreement shall be starting from the date of provision of Access and shall be as follows:

4.2 The Licensee may unilaterally terminate the Agreement at any time on the Licensee's initiative with the occurrence of the consequences specified in the Agreement and General Terms of Cooperation.

4.3 The Sublicensee may unilaterally terminate the Agreement at any time at the initiative of the Sublicensee by sending a notice to the Licensee to the authorised email address of the Licensee, indicating the reasons for withdrawal from the Agreement, as well as his data, allowing the Licensee to unambiguously verify the owner of the Personal Account on the Platform, details and other information necessary for the return of funds (if required).

4.4 The Parties have agreed that the provisions of the Agreement and the General Terms of Cooperation on intellectual property and confidential information, as well as their protection shall continue to apply to the Parties' relations indefinitely regardless of the validity of the Agreement as a whole.

4.5 This Agreement constitutes the entire understanding between the parties and there are no additional clauses or provisions, whether oral or otherwise. The English text of the Agreement shall prevail.

5. Schedules

5.1 Schedules to the Agreement shall form its integral part.

5.2 Upon concluding the Agreement the Parties have agreed and signed the following Schedules:

5.2.1. Schedule No. 1. Cost of participation in the Accelerator and payment procedure.

Schedule No. 1
to the License Agreement

Cost of participation in the Accelerator and payment procedure

1. The cost of the Agreement is determined by the Parties based on the duration recommended by the Licensee, Program content and Resident Status and Co-owner status, if applicable. The Licensee shall notify the Sublicensee about the Start Date by sending an e-mail with a specific date, the term of the Agreement corresponds to the period of the Sublicensee's participation in the Accelerator.

2. In case of payment in another currency, the conversion shall be made at the rate of the Sublicensees bank. Payment shall be made in US dollars at the official rate of the payer's bank valid on the day of invoicing.

3. Payment for the Services will be made by the Sublicensee on a monthly basis by the 05th day of each month according to the schedule, which is indicated by the Licensee in the invoice for payment for the Services

4. In case of delayed payment by the Sublicensee, the Licensee has the right to suspend Access to the Accelerator without prior notice until full payment according to the schedule by clause 3 of this Schedule.

The Licensee has the right to change the cost of participation in the Accelerator. The Licensee shall notify the Sublicensee about the forthcoming change of the cost through the Personal Account on the Platform or by means of a message in Telegram. The Parties agreed that if the Sublicensee complies with the payment schedule, the cost of participation in the Accelerator remains unchanged for the Sublicensee during the term of the Agreement.

5. After the termination of the Agreement according to clause 1 of this Schedule, the monthly cost of the Licensee's Services shall be determined according to the Licensee's tariffs valid on the date of termination. In this case, the Sublicensee shall pay for the Licensee's Services on a monthly basis by prepayment.

6. The Parties agreed that payment by the Sublicensee of the fee for the next period is a confirmation of the fact of proper fulfillment of the agreement for the previous periods by the Licensee and acceptance of the fulfillment by the Sublicensee.

7. If the Licensee does not receive payment from the Sublicensee for the respective month, the Sublicensee's Access to the Accelerator shall be terminated.

8. The License shall make the first payment for the Services before the Start Date. Payment for further months shall be made by the License no later than the calendar date of the Start Date.