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Terms of Use

1. GENERAL PROVISIONS

1. 1. These Terms of Use (hereinafter – “Terms”) refers to general terms and conditions applied by the Blackgate Capital Holdings and explains about Your legal rights in terms of our business relationship.

1. 2. While using the website www.blackgate.lt (hereinafter – “Website”), which belongs to Blackgate Capital Holdings (hereinafter – “Company” or “we, us, our“) and upon concluding the contract on the service provision by Company, or who visits our websites (hereinafter referred to as “You” or the “Customer”) confirm that you have read the Terms and agree with the clauses indicated in this document.

1. 3. Please review these Terms carefully before using the Website and information provided by Blackgate Capital Holdings.  If You do not agree to these Terms, You should not use our Website.

1. 4. Blackgate Capital Holdings may, without notice to You, at any time amend these Terms and any other information contained on this Website.  The latest Terms will be posted on our Website, and You should review the Terms prior to using the Website.  Your continued use of the Website after any changes to these Terms are posted will be considered acceptance of those changes.

2. TERMS OF THE SERVICES

2. 1. In executing services according to the contract of services, in applying our experience and in finding solutions, we shall be guided by the objective to ensure the maximum legal protection of the Customers’ interests, including to create legal certainty and clarity, and shall be guided by law and professional ethics.

2. 2. We shall shall apply due diligence measures with regard to the Customer, its representatives, actual beneficiaries, transactions and business partners to the extent established in the Anti Money Laundering and Terrorist Financing Prevention Laws.

3. AUTHORIZATION

3. 1. The authorization and liability to act on behalf of the Customer shall come into force at the moment of conclusion of the agreement for our services. The contract for our services is deemed concluded if it has been signed or if the intent of the parties has been explicitly expressed in a format which can be reproduced in writing or by actions.

3. 2. The Company is entitled to process the personal data of the Customer and third parties relating to the performance of the assignment in accordance with the Privacy Policy of the Company available at Website Customer according to the internal KYC procedures.

4. FEES AND COSTS

4. 1. The principles for calculation and the amount of the fees for services are indicated in the agreement either as an percentage or a fixed fee or a combination of the fixed and the performance fee.

4. 2. The agreed fees shall be valid for one (1) year, after that the parties shall, in good faith, agree upon a new fees or confirm the existence of the same ones.

4. 3. The Customer shall not reimburse the Company for any necessary expenses relating to the performance of the assignment and establishment of business relationships. At all times Company takes full responsibility for cooperation expenses e.g., state fees, translation costs, expert fees, reasonably necessary travel expenses, necessary courier and communication costs, etc.

4. 4. In the event of delay in payment based on the established business relationships, the Company or the Customer is entitled to demand payment of fine for delay of 0.02% of the unpaid amount for each delayed day. For avoidance of any doubt, this clause is applicable for any party of the agreement.

5. CONFIDENTIALITY

5. 1. The confidentiality of the communication with the Customer at the place of business of the Company is ensured by law and the Company shall maintain the confidentiality of the fact of applying for services, the content of cooperation.

5. 2. The confidentiality obligation shall not be limited in time and shall apply to all the employees of the Company. The Company shall duly observe the requirements of the professional ethics of attorneys.

5. 3. The confidentiality obligation shall not extend to the Company only in the event of a direct obligation arising from the law (including the Anti Money Laundering and Terrorist Financing Prevention Laws) to disclose information, or if the consent to disclose the information arises from any authorization or assignment of the Customer.

5. 4. The Company shall make reasonable efforts to ensure confidentiality of any communication performed by means of electronic devices, but the Customer is aware that it is impossible to guarantee full confidentiality in case of such communication.

6. FINAL PROVISIONS

6. 1. All rights in all material and content (including, but not limited to, intellectual property rights, text, images, web pages, sound, software (including, code, interface and Website structure) and video, and the look and feel, design and compilation thereof) accessed at or comprising this Website are owned by us or our licensors. You acknowledge and agree that You are permitted to use the material and/or content only as set out in these Terms or as otherwise expressly authorised in writing by us or our licensors, and that You may not otherwise copy, reproduce, transmit, publicly perform, distribute, commercially exploit, adapt, translate, modify, bundle, merge, share or make available to any person, or create derivative works of such material or content.

6. 2. Our Website and its contents are provided for general information purposes only and nothing on this Website or in its contents is intended to provide consultations related with our services provided or etc. The Company do not accept any responsibility for any loss which may arise from reliance on information or materials published on this Website.

6. 3. By using this Website, You agree not to copy, modify, download, reproduce, transmit, publicly perform, distribute, adapt, translate, modify, bundle, merge, store, sell, share or make available to any person, any such content, information or material, or use it for any commercial purposes. All rights are reserved.

6. 4. The business relationship arising from our cooperation shall be governed by laws of the Republic of Lithuania. The parties shall attempt to settle any disputes by means of negotiations. Disputes arising in connection with these Terms shall be subject to the exclusive jurisdiction of the Lithuanian courts.

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