Bitbon System Operator

1. The terms used in this Appendix shall be interpreted in accordance with the definitions given in the Appendix to the Bitbon System Public Contract Terms and Definitions in the Bitbon System Social Network.

1. The subject of this Appendix is the relations between Bitbon System Users[i] arising when acting as Bitbon System Operators.

2. This Appendix regulates the status[i] and roles[i] of the Bitbon System Operator (hereinafter — Operator), establishes objectives and goals of activities as well as their rights, obligations and liability.

1. This Appendix consists of the preamble, sections, chapters, which consist of articles that include parts and paragraphs. The structure of the Appendix includes references and links to the Provisions of the Bitbon System Public Contract as well as to other Appendices, which are an integral part of the Bitbon System Public Contract.

1. Operator is a status which allows the Bitbon System User, on behalf of Bitbon System Participants[i] (hereinafter — Participants), to operate the Bitbon System[i] in accordance with this Appendix and the Provisions of the Bitbon System Public Contract.

2. The Operator may operate the Bitbon System in one of the following roles:

• the First Bitbon System Operator (hereinafter — the First Operator);
• Regional Bitbon System Operator (hereinafter — Regional Operator);
• Bitbon System Account Operator (hereinafter — Account Operator).

1. Bitbon[i] is a method of using the Bitbon System infrastructure[i], which is operated by the First Operator, by Bitbon System Participants as established in the Bitbon System Public Contract.

2. A Bitbon unit[i] is an instrument for accounting of the right to use the Bitbon System infrastructure, which may be exercised in the manner set forth in the Bitbon System Public Contract.

1. The First Operator is a Bitbon System User with the status of an Operator who operates the initial asset[i] for the Bitbon digital asset[i].

2. The powers of the First Operator are stipulated in this Appendix and the Bitbon System Public Contract.

1. The First Operator performs the following activities:

1.1. Ensuring the implementation of organizational and administrative mechanisms and modernization of the Bitbon System Social Network[i].

1.2. Ensuring the development and maintenance of the Bitbon System infrastructure.

1.3. Economic and legal support of the Bitbon System.

1.4. Assignment, suspension, termination and transfer of the role of a Regional Operator as well as an Account Operator.

1.5. Representation of the Bitbon System Social Network.

2. The activities of the First Operator are not exhaustive and may be expanded along with the development of the Bitbon System Social Network.

1. The rights and obligations of the First Operator are stipulated in the Bitbon System Public Contract as a public offer of the First Operator to an unlimited number of persons regarding building and developing the Bitbon System Community.

2. In order to efficiently develop the Bitbon System, one of the First Operator’s obligations is assigning corporate accounts[i] to Users who are about to receive the role of an Account Operator.

1. The First Operator shall be liable in accordance with the Provisions of the Bitbon System Public Contract.

1. The role of the First Operator may be transferred solely in case of emergency when a threat to the initial and/or original asset[i] for the Bitbon digital asset arises, which the First Operator determines on their own.

2. The transfer of the role of the First Operator is performed by concluding an operational agreement between the First Operator and a certain Regional Operator or an Account Operator to whose operation the initial and/or original asset for the Bitbon digital asset is transferred.

1. Account Operator is a Bitbon System User[i] with the status of an Operator who performs verification[i] of Bitbon System Users’ credentials regardless of their residency.

1. The activities of the Account Operator are aimed at ensuring the verification of Users’ credentials.

1. The powers of the Account Operator include actions related to the verification of Users’ credentials, including for the purpose of assigning the “Beginner”, “Formal”, “Personal” and “Verified” ID Passport categories[i] as well as the Corporate ID Card[i] solely to Users who are about to receive the role of a Regional Operator.

2. The list of powers of the Account Operator may be expanded along with the development of the Bitbon System[i].

1. The Account Operator shall be liable in accordance with the laws on the storage and processing of personal data that are applicable in the country of registration of such an Account Operator.

1. Solely an entity that holds a corporate account assigned by the First Operator can become an Account Operator.

2. Solely an entity authorized to provide verification services can become an Account Operator.

3. In order to become an Account Operator, the User shall apply for the role of an Account Operator in the prescribed manner.

1. The activities of the Account Operator may be suspended in the following cases:

1.1. Violation of the terms and conditions of this Appendix and/or the Bitbon System Public Contract as well as any other policies or manuals explicitly stating the Account Operator’s liability published on the official information resources of the Bitbon System[i].

1.2. If it is or may appear illegal to provide the User with the role of the Account Operator.

1.3. If it is impossible to act as the Account Operator due to force majeure.

1.4. If any signs of illegal activities are detected in actions of the Account Operator.

2. Suspension of the Account Operator’s activities shall be performed by the First Operator. If the grounds for suspension are eliminated, the First Operator shall restore access of the Account Operator to their activities in the Bitbon System.

3. The consequence of the suspension of the Account Operator’s activities is temporary suspension of the Account Operator’s access to the Bitbon System infrastructure[i], including but not limited to, temporary suspension of access to their corporate account[i] and its data.

4. The First Operator shall not be liable to the Account Operator or any third party for any losses that may result from the suspension of such an Account Operator’s activities.

5. The Bitbon System stipulates termination of the Account Operator’s activities at the initiative of such an Account Operator.

6. The grounds for termination of the Account Operator’s activities at the initiative of such an Account Operator shall be a corresponding request addressed to the First Operator.

7. The consequence of termination of the Account Operator’s activities is termination of such an Account Operator’s access to the Bitbon System infrastructure, including but not limited to, termination of access to their corporate account and its data.

8. The First Operator shall not be liable to the Account Operator or any third party for any losses that may result from the termination of such an Account Operator’s activities.

1. In accordance with the Procedure for Transferring the Role of the Account Operator, the transfer of the role of the Account Operator is initiated in the following cases:

• insolvency of the entity;
• liquidation of the entity;
• changes to the laws within the entity’s jurisdiction that prevent it from acting as an Account Operator;
• force majeure;
• other cases stipulated in the agreement between the First Operator and such an Account Operator.

2. The consequences of transferring the role of the Account Operator are similar to the consequences of terminating the Account Operator’s activities.

1. Regional Operator is a Bitbon System User[i] with the status of an Operator who integrates the Bitbon System with the market infrastructure of a certain region.

1. The activities of the Regional Operator are:

1.1. Ensuring the development of the Bitbon System Social Network[i] in the relevant region.

1.2. Ensuring regular interaction with other Regional Operators in order to efficiently perform digital modernization in the Bitbon System Social Network.

1.3. Ensuring the implementation of the decision-making procedure for Bitbon System Participants[i] to manage the Bitbon System development.

2. The offer of the Regional Operator may stipulate additional functions of a certain Regional Operator.

1. The powers of the Regional Operator include:

1.1. Verification of Users’ credentials in the relevant region to receive the “Personal” and “Verified” ID Passport categories[i] to enable such Users to act with the relevant statuses and roles in the Bitbon System.

1.2. Verification of necessary data of Users in the relevant region, including identification of such Users to enable them to act using the Bitbon System infrastructure.

1.3. Representation and protection of interests of the Bitbon System Community in a certain region.

1.4. Organization of the e-commerce modernization in a certain region using the functionalities of the Bitbon System infrastructure.

1.5. Verification of Users’ credentials as part of the procedure for receiving a Corporate ID Card[i] by such Users.

2. The list of powers of the Regional Operator may be expanded along with the Bitbon System development.

1. The Regional Operator is liable for establishing and enforcing the privacy policy in accordance with the laws of the relevant region.

2. The liability of the Regional Operator is stipulated in the public offer of such Regional Operator.

1. If there is no Regional Operator in the country where the Bitbon System User is a resident, such User shall have the “Personal” ID Passport category to initiate the procedure for receiving the role of a Regional Operator.

2. If there is already a Regional Operator in the country where the Bitbon System User is a resident, such User shall have a “Verified” ID Passport category to initiate the procedure for receiving the role of a Regional Operator.

1. The activities of the Regional Operator may be suspended in the following cases:

1.1. Violation of the terms and conditions of this Appendix and/or the Bitbon System Public Contract as well as any other policies or manuals explicitly stating the Regional Operator’s liability published on the official information resources of the Bitbon System[i].

1.2. If it is or may appear illegal to provide the User with the role of the Regional Operator.

1.3. If it is impossible to act as the Regional Operator due to force majeure.

1.4. If any signs of illegal activities are detected in actions of the Regional Operator.

2. Suspension of the Regional Operator’s activities shall be performed by the First Operator. If the grounds for suspension are eliminated, the First Operator shall restore access of the Regional Operator to their activities in the Bitbon System.

3. The consequence of the suspension of the Regional Operator’s activities is temporary suspension of the Regional Operator’s ability to access the Bitbon System infrastructure, including but not limited to, temporary suspension of access to their corporate account and its data.

4. The First Operator shall not be liable to the Regional Operator or any third party for any losses that may result from the suspension of such Regional Operator’s activities.

5. The Bitbon System provides for termination of the Regional Operator’s activities at the initiative of such Regional Operator.

6. The grounds for termination of the Regional Operator’s activities at the initiative of such a Regional Operator shall be a corresponding request addressed to the First Operator.

7. The consequence of termination of the Regional Operator’s activities is termination of such Regional Operator’s access to the Bitbon System infrastructure, including but not limited to, termination of access to their corporate account and its data.

8. The First Operator shall not be liable to the Regional Operator or any third party for any losses that may result from the termination of such Regional Operator’s activities.

1. In accordance with the Procedure for Transferring the Role of the Regional Operator, the transfer of the role of the Regional Operator shall be initiated in the following cases:

• insolvency of the entity;
• liquidation of the entity;
• changes to the laws within the entity’s jurisdiction that prevent it from acting as a Regional Operator;
• force majeure;
• at the initiative of owners of Corporate_bon units of such Regional Operator;
• other cases stipulated in the agreement between the First Operator and such Regional Operator.

2. The consequences of transferring the role of the Regional Operator are similar to the consequences of terminating the Regional Operator’s activities.

1. Amendments and/or additions to this Appendix may be made solely under the rules provided for the Appendix to the Bitbon System Public Contract Making Amendments and/or Additions to the Bitbon System Public Contract.

2. If there is any discrepancy between various versions (printed, electronic, etc.) of this Appendix, its electronic version published on the official information resources of the Bitbon System shall be deemed the official one.

3. This Appendix is translated into other languages only for convenience of Users. In case of differences in understanding and/or interpretation of this Appendix, the Russian version shall prevail.

4. In accordance with Provision 2 of the Bitbon System Public Contract, this Appendix is an integral part of the Bitbon System Public Contract and comes into force after its publication on the official information resources of the Bitbon System.

5. In accordance with paragraph 3 of Provision 2 of the Bitbon System Public Contract, amendments and/or additions may be made to this Appendix only if such amendments and/or additions do not contradict the Provisions of the Bitbon System Public Contract and Appendices, which are an integral part of the Bitbon System Public Contract. Amendments and/or additions made to this Appendix shall be published on the official information resources of the Bitbon System and come into force in accordance with the Appendix to the Bitbon System Public Contract “Making Amendments and/or Additions to the Bitbon System Public Contract”.

1. The Bitbon System Operators strive to maintain uninterrupted operation of the Bitbon System infrastructure[i]. As an Operator, the Bitbon System User agrees that disruptions can happen in the operation of base services[i] and/or components of the Bitbon System[i], which may lead to a temporary limitation of Operator’s rights and capabilities in any part thereof.

2. The Bitbon System User shall not receive the status of an Operator if he/she does not accept the terms and conditions set forth in the Bitbon System Public Contract and/or this Appendix in any part thereof.

3. If the Bitbon System User receives the status of an Operator, it shall mean their agreement with the terms and conditions set forth in the Bitbon System Public Contract and this Appendix.