End-User License Agreement
BACKGROUND:
In today’s world, various systems and institutions often fail to meet the needs and expectations of the people they serve. To ensure the survival and prosperity of humanity, we must come together to build a community based on integrity, mutual respect, and moral principles. Our Billion Dollar Mind Community (BDM) embodies these values, promoting a mindset of abundance and positive action.
1. License
- Billion Dollar Mind Community (BDM) grants the Member a non-exclusive license for unlimited personal use of the BDM Software to build their sub-community within the BDM Master Community.
- “Software” includes the executable computer programs and any related documentation and website created and controlled by BDM.
- Title, copyright, intellectual property rights, and distribution rights of the Software remain with the Licensor. This Agreement does not transfer ownership rights to the Software.
- The Software may not be downloaded, modified, reverse-engineered, or de-compiled. It may only be disclosed to prospective members.
- Failure to comply with the terms will be considered a material breach of this Agreement.
2. License and Membership Fees
The donations paid to the 12 levels by the Member constitute the entire license and membership fee.
3. Limitation of Liability
- The Software is provided “as is”. The Licensor is not liable for any damages, including loss of production, profits, revenue, data, or any other disadvantage arising from the use or failure to use the Software.
- The Licensor makes no warranty regarding the fitness of the Software for a particular purpose.
- The Licensor does not warrant that use of the Software will be uninterrupted or error-free.
4. Warrants and Representations
The Licensor warrants that BDM is the copyright holder of the Software and that granting the license does not violate any agreement, copyright, or statute.
5. Acceptance
The terms, conditions, and obligations of this Agreement are deemed accepted by the Member upon execution of this Agreement.
6. User Support
- The Member is entitled to support via available channels at no additional cost.
- The Member is entitled to maintenance upgrades and bug fixes at no additional cost for the duration of this agreement.
7. Membership
- The Member can invite others to attend seminars and enroll for Membership with the intent of joining the Mastermind Group and participating in the 12-level Donation Plan.
- To receive donations, a member must donate to someone in each level and enroll a new member in each level.
- The Member is the Enrollment Sponsor for those they personally invite, regardless of placement in the genealogy tree.
- The Member will receive donations as the Enrollment Sponsor, except for donations two and four, which go to the Placement Sponsor.
- Members are prohibited from having multiple accounts, cross-recruiting, and giving away sponsorship.
- Members agree to maintain the privacy of the BDM Community by not publicly posting about the Wealth Creation Vehicle and only advertising free seminars.
8. Term
The term of this Agreement is perpetual, beginning on Acceptance.
9. Termination
This Agreement will be terminated if the Member fails to comply with any terms or breaches the Agreement.
10. Liability
The Licensor is free of liability if prevented from executing obligations due to unforeseen and uncontrollable events.
11. Governing Law
The parties submit to the jurisdiction of courts determined by the Master Licensor for enforcement or arbitration arising from this Agreement.
12. Mutual Legal Assertions and Disclaimer
- The parties enter this agreement based on their rights of Freedom of Contract, without government interference.
- Neither party acts as a registered broker-dealer or investment advisor. The BDM content and information are for informational purposes and not investment advice.
13. Miscellaneous
- This Agreement can be modified in writing by the Steering Committee of BDM.
- This Agreement does not create any agency or partnership between the parties.
- Headings are for convenience and not for interpreting this Agreement. Singular and masculine terms include plural and feminine counterparts.
- If any provision is deemed invalid by a court, it will be reduced in scope only to the extent necessary, leaving the remainder of the Agreement intact.
14. Entire Agreement
This Agreement contains the entire agreement between the parties. All previous statements are declared to be of no value. Only the written terms of this Agreement bind the parties.
15. Successors and Assigns
The terms and conditions apply to and bind the Member’s successors and assigns.