PAYMENT TERMS

All capitalized terms herein shall have the meaning set forth in the Terms of Service unless otherwise specified herein.

1. GENERAL TERMS

1.1. Company will collect Creator Fees and/or Donations from Users and remit them to the Creators after deduction of the amount of Agency Fee (as set forth below in Table 1). The Company will make an effort to process such remittances on a daily basis but cannot guarantee this. The Creator shall select a currency and a payment method from the available options on the HIPOLINK Platform, which will subsequently serve as the default currency (“Default Currency”) and the default payment method (“Default Payment Method”) to receive Creator Fees and/or Donations. When Creator selects the payment method, he/she must provide the Company with the valid information requested on the HIPOLINK Platform or requested by Company. The Creator Fees and/or Donations received in a currency other than the Default Currency will be converted, displayed and paid to the Creator in the Default Currency using the exchange rate of the the currency exchange website www.oanda.com (“OANDA Exchange Rate”) after deduction of up to four (4) percent of the OANDA Exchange Rate (depending on the payment method chosen by the User) on the day of their receipt by the Company.

1.2. If the Creator chooses a payment method that does not allow for receiving the full amount of Creator Fees and/or Donations due to restrictions set by the applicable payment provider, then the Creator shall select an alternative payment method, if possible on the HIPOLINK Platform, or the Company shall be entitled to remit the Creator Fees and/or Donations due to be paid to Creator on a daily basis until the full amount of Creator Fees and/or Donations will be paid. If the Creator chooses a payment method that does not allow for receiving Creator Fees and/or Donations in the Default Currency due to restrictions set by the applicable payment provider, then the Creator Fees and/or Donations will be remitted in the allowed currency using the OANDA Exchange Rate after deduction of up to four (4) percent of the OANDA Exchange Rate (depending on the payment method chosen by the User) set on the day of the remittance of the Creator Fees and/or Donations by the Company.

1.3. The Company hereby informs Users and Creators that the transfer of Donations does not mean that Broadcasters have to provide any services to Users. Donations and Creator Fees are voluntary payments, Users establish their amounts within the limits available in the interfaces of the Boosty Platform. It is not possible to refund Donations or Creator Fees after they were sent to a Creator, except in cases expressly stated in accordance with current legislation and the Terms of Service. The User has a right to complain about the transfer of Donations or Creator Fees, and the Company reserves the right to automatically refuse the User's complaint if such complaint has been filed after the expiry of 14 calendar days during which the payment was made, unless a different period is provided by the terms of the payment method chosen by the User. Otherwise, the Company reserves the right to follow clause 1.4 of these Payment terms.

1.4. The Company may delay for a necessary term (but in no case more than 90 days) and/or cancel any collection of Creator Fees and/or Donations from the User and/or the following payment to Creator for purposes of preventing unlawful activity or fraud, risk assessment, security, or investigation. In case if the Creator Fee and/or Donations exceeds the maximum amount stated in the Terms of Service, the Company will delay the payment of such Creator Fee and/or Donations to Creator for the minimum term of five (5) business days for the purposes stated above. In case the Company is informed of suspicious, unlawful or fraudulent activities of a Creator after the payment of Creator Fees and/or Donations to a Creator, the Company reserves the right to deduct the amounts equal to the Creator Fees and/or Donations, connected with such activities of a Creator, from future remittances to a Creator.

1.5. The Company may deduct or withhold any taxes that the Company may be legally obligated to deduct or withhold from any amounts payable to the Creator under the Agency Agreement. From time to time, the Company may request tax information from the Creator and the Creator shall provide this to the Company.

1.6. Starting from the first calendar day following the day the Creator is assigned the Inactive Creator Status, the fee for maintaining the Account on the HIPOLINK Platform shall be thirteen euro cents (13/100) if the Default Currency is Euro and fifteen (15/100) cents if the Default Currency is US dollars.

1.7. "Inactive Creator Status" is the status assigned by the Company to the Creator in case at least one of the following occurs: (1) the Creator has not used his/her Account for more than three calendar months; (2) the Creator has not chosen the payment method that will be used by the Company by default to on-pay Creator Fees and/or Donations to the Creator; (3) the Creator violated the Terms of Service; or (4) the Agreement between the Company and the Creator was terminated.

1.8. In case the Company has assigned the Inactive Creator Status to a Creator, the Agreement with such a Creator is automatically terminated, the amount of Creator Fees to be paid to the Creator is zero, and the Creator waives any claims that may be to the Company with respect to payment of Creator Fees and/or Donations.

1.9. These Payment Terms apply only to the non-CIS-based users. If you are a CIS-based user, please refer to the Payment Terms applicable in the relevant jurisdiction and available at: https://hipolink.net/en/payment-term-cis and https://hipolink.me/agreements/payment-term-cis

2. HIPOLINK AGENCY FEE

2.1. The amount of Agency Fee shall be calculated depending on the payment method that was used by the User to remit the Creator Fee and/or Donations and the sum of the Creator Fee and/or Donations in accordance with Table 1:

Table 1

2.2. The Creator can choose the following available payment methods to receive Creator Fees and/or Donations in accordance with these Payment Terms, provided that the Company’s obligation to remit Creator Fees and/or Donations shall be considered performed at the moment of crediting of the funds to the payment service account of the Creator. The Creator is charged a commission for remittance of Creator Fee and/or Donations as set forth in the Table 2 below.

Table 2

2.3. **Limitations for Credit cards (USD/EUR). The amount of Creator Fee and/or Donations will be converted to USD/EUR while remitted. Conversion rate will be determined by corresponding payment service. The amount for a one-time remittance to a Visa credit card can be no less than 50 euro cents and no more than 500 euros.

2.3.1. Remittance to Visa credit cards.

2.3.1.1. The maximum cumulative amount of Creator Fee and/or Donations remitted per day is 5 000 USD/EUR and maximum cumulative number of remittances per day is 30.

2.3.1.2. The maximum cumulative amount of Creator Fee and/or Donations remitted per week is 10 000 USD/EUR and maximum cumulative number of remittances per week is 50.

2.3.1.3. The maximum cumulative amount of Creator Fee and/or Donations remitted per month is 20 000 USD/EUR and maximum cumulative number of remittances per month is 150.

2.3.2. Remittance to MasterCard credit cards.

2.3.2.1. The maximum cumulative amount of Creator Fee and/or Donations remitted per month is 5000 USD/EUR.

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