4.1. It shall be the IB’s responsibility to promote the Company and/or the Company Services in compliance with all the applicable laws of his (if the IB is an individual) or its (if IB is a company) country of residence and/or incorporation (as the case may be) where the Client referrals are taking place. The Company in no way accepts any responsibility for any violation of such laws committed by the IB.

4.2. The IB shall promptly notify the Company in writing of any assertion of any material claim against the IB by any Client(s) and/or Referred Client(s), or of any suit and/or proceedings by any Client(s), Referred Client(s) and/or regulatory agency against the IB.

4.3. The IB is obligated to put forth maximum effort in referring Clients to the Company.

4.4. A Client shall be considered as referred by the IB under the condition that the Client is not an Existing Client of the Company and the Client is transferred to the Company Website through the Referral Link provided to the Client by the IB.

4.5. If the Client is considered referred by the IB, the IB Code will automatically be placed in all following student accounts opened by the Referred Client. A Referred Client cannot be transferred to another IB. In the event that the IB terminates its/his Client Account with the Company for whatever reason, the IB code will be removed in the student account opened by the Referred Client. For the avoidance of doubt, in such an event, the Referred Client will not be able to be referred by any other IB or transferred to any other IB.

4.6. The Company reserves the right to independently register a Client as having been referred by the IB if the Client writes to the Company with a request to attach the Client’s Client Account to a particular IB within one (1) month after registration. The request may be made to the Company in the following ways:

4.6.1. by email at hello@cudy.co;

4.6.2. the feedback and ticketing function available on the Client Account; or

4.6.3. the chat box function available on the Company Website,

and the Client shall be required to explain why the Client did not register via the use of the Referral Link of the IB.

4.7. The IB must stop using any advertising material provided by the Company and/or the Company Marks immediately upon written request of the Company. In the event that IB does not comply with this written request with fourteen (14) days of receiving the same, the Company shall have the right to terminate this Agreement unilaterally.

4.8. The IB may not make use of any dishonest advertising methods for the purpose of promoting themselves on the internet. In particular it is forbidden to:

4.8.1. use methods of website promotion that violate the rules of internet search engines, knowingly manipulate the results of internet searches and use other methods of promotion which misinform or mislead search engines or search engine users;

4.8.2. knowingly mislead website visitors by improperly redirecting them to other websites or internet resources;

4.8.3. use advertising material containing false information, pornographic content or material which serves to ignite ethnic conflict or racial discrimination;

4.8.4. send mass mailings of any kind whether of a commercial, political, or any other nature which the recipients have not expressed a desire to receive;

4.8.5. use advertising material containing false information about the Company and/or the Company Services offered or knowingly conceal risks from Clients relating to the same;

4.8.6. use any materials which may damage the positive image of the Company;

4.8.7. use any other dishonest advertising methods.

4.9. The IB shall not:

4.9.1. register and/or use any Company Marks or domain names containing a part of or the whole word Cudy or any other variation of this word in writing; and

4.9.2. register an organization and/or use in the name of an existing Company a part of or the whole word Cudy, or any other variation of this word in writing.

4.10. The IB is strictly forbidden from advertising in contextual advertising systems such as Yandex. Direct, Begun and Google AdWords using keywords containing “Cudy”; and advertising in banner networks, internet catalogues, etc. The IB is also forbidden from using forced redirects to send visitors to any of the Company’s Websites.

4.11. The IB is prohibited from organizing monetary relations (including accepting cryptocurrencies, Fiat money, payment or banking cards, etc.) with Clients and/r Referred Clients. The Company holds full responsibility for this part of work.

4.12. The IB is obligated to inform the Company of any facts or circumstances of which it has become aware regarding any of its Referred Client(s) that could lead to adverse consequences (risks) for the Company.

4.13. Should Existing Clients or Referred Clients lodge complaints regarding the activity of the IB, the IB shall be obligated to independently address all such complaints and the IB’s sole expense.