Terms and Conditions Extra Allocation in Visum

Existing Members

Starting from January 4, 2023, any existing member who continues to pay her/his membership fee for four consecutive months will, in addition to the regular monthly allocation of shares, receive shares in Visum Technologies Plc (“Visum Shares”) worth 50 percent of the value of the membership fees paid during this four-month period. The Visum Shares will be allocated at the end of the four-month period. 

Example:

An existing member pays €89 per month in membership fees. After having paid the membership fee for four consecutive months, the member will receive Visum Shares worth €178 in addition to their regular monthly allocations.

 

Existing members can upgrade their membership fee during the four-month period and benefit from this. 

Example:

An existing member pays €89 per month for two consecutive months and then upgrades to €229 per month and pays this membership fee for the following two consecutive months will receive Visum Shares worth €318 in addition to the regular monthly allocations.

 

Any existing member by January 4, 2023, who stops paying the membership fee after this date, but recommences paying membership fees before May 1 2023, is also eligible to the Visum Shares allocation and will be credited for any membership fees paid after January 4, 2023.

Example:

An existing member by January 4, 2023 pays his membership fees for two consecutive months in January 2023 and February 2023 and then stops paying the membership fee. If this member recommences paying membership fees in April 2023 and also pays in May 2023, this member will receive shares worth 50 percent of the value of the membership fees paid during these two-month consecutive periods. The same would apply if the member paid only in January 2023 and recommenced payments in May 2023 and paid for three consecutive months. These extra allocations are in addition to regular monthly allocations.

 

New Members

Any new member who joins VC Crowd after January 4, 2023 but before May 31, 2023 and pays the membership fee for four consecutive months will also receive Visum Shares worth 50 percent of the value of the membership fees paid during this four-month period in addition to the regular monthly allocations.

 

Additional Invitation Commission

If a member or an affiliate of VC Crowd (“Inviting Member”) introduces a new paying member to VC Crowd (“Invited Member”) after January 3, 2023 but before May 31, 2023, and the Invited Member continues to pay the membership fee for four consecutive months, the Inviting Member will receive an allocation of Visum Shares worth 10 percent of the membership fees paid by the Invited Member during this four-month period. Please note that this commission is in addition to any commission payable under the VC Crowd Affiliate Programme.

Example:

The Inviting Member introduces an Invited Member during the above-mentioned period and the Invited Member pays a membership fee of €89 during this four-month period, the Inviting Member will receive an allocation of Visum Shares worth €36 at the end of this four-month period.

 

Restrictions on Trading and Transferability

Due to restrictions introduced by the marketplace where the Visum Shares are trading, the Visum Shares cannot be traded or transferred by any member before July 31, 2023.