Tiptop Labs, Inc.

Commercial Terms

Last Updated: April 22, 2024

These Commercial Terms and the Partner Agreement located at https://tiptop.com/legal/partner-agreement will be incorporated by reference into and governed by the terms and conditions of that certain Order Form entered into as of the Effective Date (as defined in the Order Form) by and between Tiptop and Partner (the “Order Form”). Capitalized terms not otherwise defined herein have the meanings ascribed to them in the Partner Agreement and Order Form.

  1. Term. The Order Form will expire on the date set forth in the Order Form (the “Initial Term”), unless terminated earlier in accordance with the Agreement, provided that the Order Form will automatically renew for additional and successive one year periods (each, a “Renewal Term”), unless either Party provides the other Party a notice of termination at least 90 days prior to the end of the Initial Term or then-current Renewal Term, as applicable (the Initial Term and any Renewal Terms, collectively, the “Term”).
  2. Partner Site. The Partner Site means the URL provided by Partner and any other web address (each, a “URL”) approved by Tiptop in writing to display the Services during the Term.
  3. Tiptop Product Placement. Commencing on the Launch Date and continuing throughout the Term, Partner will display the Services in any place or instance in which Partner references available payment methods on the home page, product page, cart page, and checkout page on each Partner Site.
  4. Partner Fees to Tiptop. With respect to each transaction during the Term, Partner will pay to Tiptop a fee in accordance with the payment schedule set forth in the Order Form (the “Fees”). All Fees will be payable in accordance with the Agreement. Fees are not refundable.
  5. Authorized Signatory. I hereby represent that I am an authorized signatory of the entity named in Order Form and have read, understood, and agree to be bound by the terms of this Agreement.

THE AGREEMENT IS CONTINGENT UPON EVALUATION AND APPROVAL OF MERCHANT BY TIPTOP IN ITS SOLE DISCRETION. IN CONNECTION WITH SUCH EVALUATION, THE FEES DESCRIBED IN THE ORDER FORM MAY BE REVISED, OR THE AGREEMENT MAY BE RENDERED VOID AB INITIO, BY TIPTOP IN ITS SOLE DISCRETION WITHOUT PRIOR NOTICE TO MERCHANT.