Terms & Conditions

The purpose of these “Terms & Conditions” is to regulate the relationship between you and the service provider – “Egulen Systems LLC”.

You may use the www.egulen.com website by reviewing and agreeing to the terms of the “Terms & Conditions” and the “Privacy Policy”. You may use the services provided that you read and accept these terms on both “Terms & Conditions” and the “Privacy Policy”.

As a user, registering to the website, accessing and overall using the services, it is understood and accepted that you have fully agreed to the terms of the agreement. If you do not agree with these terms of service, we recommend that you discontinue using www.egulen.com website.

Egulen Systems has the right to whenever make changes to the “Terms & Conditions” and the updated “Terms and Conditions” will be posted on the website. Users will be notified of the change and the date will be changed to “[Last updated:]”. Changes to these terms are effective from the moment they are posted on the Website. The continued use of the www.egulen.com website services constitutes an acceptance of these new terms.

REGISTRATION

By registering to the website and creating an account to use the www.egulen.com website services, you are considered to be an individual, legal entity, or other organization that has reached 18 years of age. If you do not meet this requirement, you and your guardian will be responsible for all of your actions, and Egulen Systems will have the right to cancel your registration and claim compensation from you and your guardian.

To use the Website, log in to www.egulen.com and create a new account. To create an account, you must enter your real name, email address, create a password and accept the conditions and terms of the “Terms of Service” and “Privacy Policy”. Depending on the circumstances, we reserve the right to refuse to register a user or allow them to create an account.

USER ACCOUNT VERIFICATION

By registering to use the services of the www.egulen.com website and creating an account, you agree to provide your personal information. Furthermore, we are allowed to use the user information provided to inquire about you directly or through a third party to verify your identity and prevent any criminal activities.

To verify your identity, we obtain the following information but are not limited to these only. These include your name, e-mail address, contact information, phone number, username, and identity card (whether it be a national identity card or passport).

By providing the required personal information, you assure that the information is accurate. Once registered, this information must be verified as soon as it is updated. If Egulen Systems considers that your information to be inaccurate, false, outdated, or incomplete, we reserve the right to require you to correct it, delete the relevant information immediately, or cancel the service in whole or in part.

If we are unable to contact you through the contact information you provided, you will be solely responsible for any damages or costs incurred while using the www.egulen.com website services. Therefore, if there is any change in the information you provided, you are responsible for updating it periodically.

ABOUT THE SERVICES PROVIDED

While Egulen Systems maintains the accuracy of the information posted on the Website, it does not warrant that the content is consistent, accurate, reliable, or complete, and is not responsible for any direct or indirect damage caused by the content of this information. Egulen Systems does not provide any investment or financial advice and is not responsible for any information or comments posted on its website or in other media.

Egulen Systems pays special attention to the overall protection of the platform to ensure the uninterrupted operation and security of its services and will issue a notification to the user in case of or during downtime and maintenance for technical reasons.

REQUIREMENTS FOR USE OF SERVICES

Accounts on the www.egulen.com website platform can only be used by the person registered under his/her own name. Egulen Systems reserves the right to suspend, disable or cancel an account if it is used by any person other than the person under whom the account is registered. Egulen Systems is not, in any form, legally responsible for these accounts.

SECURITY

Egulen Systems has introduced industry-standard protection to ensure the security of the funds deposited in the accounts of its users. However, there may be risks due to the user's own actions. Please note that you need to take risk precautions to protect your own account and personal information.

You are responsible for maintaining and protecting your account and password, and you are solely responsible for all actions related to your login email address, account, and password (including and not limited to disclosure, submission of information, accessing the website, accepting various rules, regulations & agreements, online updates, etc.) 

You agree to the following conditions: 

(A) If you discover that someone else is using your www.egulen.com website account or password without your permission, or any other security breach, you will notify Egulen Systems immediately.

(B) Each time you access the Website, you will be required to log out at the end of each session. Egulen Systems will not be liable for any loss or consequences resulting from your failure to comply with these account security requirements.

DISPUTE RESOLUTION

Egulen Systems will resolve any issues or disputes within its jurisdiction. Some of these issues include violations of the rights of others, violations of laws and regulations, unusual trade, and other issues that are not explicitly stated in these “Terms & Conditions”. It is agreed that the user would be responsible for the costs of resolving these disputes.

INSTRUCTIONS FOR USING EGULEN SYSTEM'S SERVICES

As a user, you must comply with the following terms when using the www.egulen.com website services. These include:

  • Follow all applicable laws, regulations, and guidelines when using www.egulen.com website services;
  • Not to violate the public interest, ethics, conflict of interest, and interests of others;
  • Not to avoid paying all applicable taxes and fees and not to violate the terms and conditions of this service.

The user shall be solely responsible for any legal consequences arising from the violation of the above-mentioned terms & conditions and shall be liable for all damages and losses incurred by the user as a result of the violation.

It is forbidden to use any information posted on the website for commercial purposes without the prior written consent of Egulen Systems. The User may use the Website in accordance with the “Terms & Conditions” and the “Privacy Policy” without interfering with the operation of the Egulen Systems or engaging in unfair competition. Prohibited actions are but are not limited to:

  • Use of devices and software that interfere with the Website;
  • Excessive information requests that may overload the network equipment;
  • Harmful sales and purchases may affect the market.

By accessing the www.egulen.com website service, you acknowledge that in the event of a breach, Egulen Systems reserves the right to take the following actions without the consent or prior notice of the user. These include, but are not limited to:

  • Closing or delaying an order request;
  • Immobilize the account;
  • Report violations to the authority;
  • Publication of violations and actions are taken;
  • Delete any information you publish about the violation.

If a third party is harmed by a user's breach, the user is solely responsible for any damages, penalties, or additional costs incurred by Egulen Systems, and Egulen Systems should not be harmed.

If Egulen Systems has suffered damages as a result of a third party's claim for damages or administrative liability, all damages and costs shall be reimbursed by the infringing user, including attorney's fees.

LIMITATION OF LIABILITY

You acknowledge and accept that Egulen Systems is not responsible for any damage caused to the user in the following cases, but not limited to: 

  • To use or not to use www.egulen.com website service;
  • A third party using your account or modifying information without the consent of the user;
  • Misunderstanding www.egulen.com website services;
  • Other losses are not directly related to Egulen Systems and related to www.egulen.com website services.

Under no circumstances shall Egulen Systems, its subsidiaries, their shareholders, directors, employees, attorneys, agents, representatives, suppliers, or contractors be liable for any commercial services, developer materials, or other items provided under this Agreement.

CANCELLATION OF THIS CONTRACT

You acknowledge and accept that if an account is found to violate the “Terms & Conditions”, “Privacy Policy”, “Anti-Money Laundering Policy” and related laws and regulations, we have the right to immediately close the account, lock all funds in the account, and suspend access to all www.egulen.com website services. 

Egulen Systems reserves the right to store and use account transaction information and other relevant information. Account control can be used in the following cases. These include:

  • The account information that is relevant to criminal investigations and other pending trials;
  • Detection of abnormalities in the account;
  • Detect unauthorized access to the account;
  • By order of a judge or by order of state authority.

In the following cases, Egulen Systems reserves the right to terminate this agreement immediately, cancel the user's account, and suspend access. These include:

  • After www.egulen.com website terminates their service;
  • Register under another person's name and try to become an www.egulen.com website user directly or indirectly;
  • The information provided by the user is false, inaccurate, outdated, or incomplete;
  • If upon the renewal of this agreement (including regulations) the user has stated that he/she will not accept the new terms of service agreement;
  • Other circumstances in which Egulen Systems considers it necessary to cancel the service.

DELETING THE ACCOUNT

Upon request for deletion of the account, from the balance in the account there will be a deduction from all payments to be paid to www.egulen.com website (if any) and the user will be given 3 working days to withdraw all assets from the account.

In the event of an investigation into fraud or money laundering and the closure of an account due to a breach of the terms of service, www.egulen.com website will seal the account and transfer user information to the appropriate authorities.

COMPLIANCE WITH MUNICIPAL LAW

The user is obliged to comply with all municipal laws and regulations when using the www.egulen.com website service. Issues such as tax payment, deduction, and reporting must be governed by municipal law. All users of the www.egulen.com website service acknowledge and agree that their source of funds is legitimate or has not been obtained through any illegal activities. Egulen Systems will work with global law enforcement agencies to close and terminate the accounts and assets of users under investigation.

IN CASE OF NO COMPENSATION OF DAMAGE AND LOSS

You acknowledge & agree to be liable for any lawsuits and claims made by any third party against Egulen Systems and its subsidiaries and to prevent Egulen Systems and its subsidiaries from being harmed, except in the case there is a breach on Egulen System’s side. As described above, Egulen Systems strives to maintain the integrity and security of the information on its website and does not guarantee the information or services on the platform. Egulen Systems is not responsible for any errors or omissions resulting from the use of the Service.

In no event shall Egulen Systems, its subsidiaries, their shareholders, members, directors, employees, attorneys, agents, agents, suppliers, or contractors be held liable for any accidental, indirect, exceptional, consequential loss (including loss of information, data, profit, loss of business, or another financial gain) in connection with any commercial services, developer materials, or other items provided under this Agreement.

FORCE MAJEURE 

Egulen Systems will not be responsible and liable for any losses that occurred due to 

floods, earthquakes, extreme weather emergencies, natural disasters, fires, wars, riots, revolts, labor disputes, accidents, government operations, power outages, and communication interruption, hardware and software failures, hacker attacks. We are not responsible for any damage or service delays caused by any of the above-mentioned uncontrolled circumstances or events. 

CONTACT INFORMATION & FEEDBACK

If you have any complaints, feedback, and/or questions please contact us at info@egulen.com

We will work hard to resolve any issues.

Last updated: 10 March 2022