License Agreement
(Public offer)

Last updated June 10, 2024

Procedure for conclusion of the Agreement

The text of the Agreement permanently posted on the Internet at: https://bbooster.io/docs/license_agreement and available on the Website, contains all material terms of the Agreement and constitutes an offer by Visotsky Consulting Inc. to enter into the Agreement on the terms and conditions specified in the text with any fully capable person (hereinafter - Licensee). The text of the Agreement is a public offer.

Terms, rights and obligations of the Licensee and the Licensor, 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

Visotsky Consulting Inc. (368 9th Ave 6FL, New York, NY 10001), registered as a legal entity under the laws of the State of New York, USA (hereinafter referred to as Licensor), hereby expresses its intention to enter into an agreement with the Licensee, 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 Licensor shall provide and the Licensee 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 Licensor is defined in Section 11 of the General Terms of Cooperation.

1.2. By making payment to the Licensor, the Licensee 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 Licensee may participate in the Accelerator together with the Licensee (hereinafter referred to as the Co-owner). Access to the materials for the Licensee 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 Licensee.

In case of termination of this Agreement, access to the materials for the Co-owner shall be closed.

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

1.5. The Licensor 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 Licensee by performing the following actions (acceptance of the offer):

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

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

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

2.2 By concluding this Agreement, the Licensee 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 Licensee pays for the Licensor's Services according to the Licensor's tariffs valid at the moment of payment.

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

3. Payment procedure

3.1 The cost of the Licensor'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 Licensor's account.

3.3 Payment by the Licensee 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 Licensee without comments.

4. Term of validity of the Agreement. Cancellation procedure

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

6 (six) months for the Resident, Resident-Owner, Resident-Optimum and Resident-Optimum+ Status;

for the VIP-Resident, VIP-Resident-Owner, Platinum-Resident, Platinum-Resident-Owner status is 12 (twelve) months.

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

4.3 The Licensee may unilaterally terminate the Agreement at any time at the initiative of the Licensee by sending a notice to the Licensor to the authorised email address of the Licensor, indicating the reasons for withdrawal from the Agreement, as well as his data, allowing the Licensor 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 the following Schedules:

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

Schedule No. 1

to the Service 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 Licensor, Program content and Resident Status and Co-owner status, if applicable. The Licensor shall notify the Licensee about the Start Date by sending an e-mail with a specific date, the term of the Agreement corresponds to the period of the Licensee's participation in the Accelerator.

2. In case of payment in another currency, the conversion shall be made at the rate of the Licensees 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 Licensee on a monthly basis by the 05th day of each month according to the schedule, which is indicated by the Licensor in the invoice for payment for the Services.

4. In case of delayed payment by the Licensee, the Licensor has the right to suspend Access to the Accelerator without prior notice until full payment of Services.

The Licensor has the right to change the cost of participation in the Accelerator. The Licensor shall notify the Licensee 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 Licensee complies with the payment schedule, the cost of participation in the Accelerator remains unchanged for the Licensee 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 Licensor's Services shall be determined according to the Licensor's tariffs valid on the date of termination. In this case, the Licensee shall pay for the Licensor's Services on a monthly basis by prepayment.

6. The Parties agreed that payment by the Licensee 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 Licensor and acceptance of the fulfillment by the Licensee.

7. If the Licensor does not receive payment from the Licensee for the respective month, the Licensee'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.