Mining Capacity Share Agreement
I (the " Agent ") agree with the following terms and conditions for the provision of mining services (the "Agreement") is made on
ABEAM Limited, Offshore Chambers, P.O. Box217, Apia, Samoa., ("Service Provider"); and
me, the Agent.
Pursuant to the terms of this Agreement, the Service Provider will make available to the Agent shares in the mining capacity of the Service Provider.
The Service Provider agrees to provide to the Agent with the output of its mining capacity (the "Services") subject to the following terms:
Available Technology: Mainly SHA-256 Hashing X11 Hashing etc, depend on Mining companeies.
Term: The contract has no fixed and predetermined end date. (AOS)
Term: 2 years (Plan B+)
Payout frequency: daily
Mining Output ("Coins"): as agreed between Service Provider and Agent, and, where applicable converted from time to time, e.g., Bitcoin
The Agent will be solely liable for the maintenance of the relevant technical equipment (software/hardware) that is required to receive the above service. The Agent will receive Coins mined in accordance with the above Mining Power and of applicable Fees as per 2.b. The Agent also acknowledges that the above Services will be rendered on a best effort basis The availability of the Mining Power and, accordingly, the output of Coins may vary up to a maximum of 8%. Otherwise, the Service Provider ensures that it maintains all facilities and the relevant supplies in good working order, in order to avoid any of the above volatility with the diligence that it applies in its own dealings (diligencia quam in suis).
2. Limitation of Liability
Without detriment to the Service Providers obligation to render the Services on a best effort basis, only, any liability of the Service Provider hereunder and or in connection with this Agreement shall be limited to willful misconduct and gross negligence . Further, the Service Provider shall not be liable for any damages incurred by the Agent as a result of force majeur which shall include any disruption or breakdown of a Coin market.
Agents can not cancel this service for refund purposes. Agents can cancel this service, but they will not be refunded. In that case, you need to give up the right to have hash power.
All communication between the Service Provider and the Agent shall be made in writing which includes e-mail and other electronic messaging services (Textform).
5. Data Protection
The Agent agrees to the processing of its personal data provided in the context of this Agreement for the purpose described herein and also agrees, until revocation at any time to the storage of its data beyond the above Term. Should the Service Provider be required to obtain any further data in the context of providing its services hereunder, the Agent will without undue delay provide the relevant data so required by the Service Provider
6. Representations and Warranties
The Agent represents and warrants to the Service Provider that he is familiar with mining, crypto currencies and Bitcoin in particular and that he understands the nature and uses of mining crypto currencies and Bitcoin.
The Agent further represents and warrants that he will be the beneficial owner of the Coins.