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Ontop Stronghold Account
These terms and conditions (these “Terms”) regulate the “Ontop Stronghold Account'' service (the “Stronghold Account”). Through the Stronghold Account, clients will be able to prepay Ontop services for up to six (6) months in advance.
PLEASE READ THESE TERMS CAREFULLY BEFORE CONTRACTING ONTOP STRONGHOLD ACCOUNT SERVICES AS THESE TERMS ARE NON-NEGOTIABLE.
1.1. “Ontop Signs” means the business model under which Ontop hires Contractors (as defined below) directly on behalf of and/or for the benefit of the client.
1.2. “Ontop Signs Service Agreement” is the contract signed between Ontop and the client containing the conditions agreed between the parties for the rendering of the Ontop Signs services.
1.3. “Ontop Global Wallet” or simply “Wallet” means the e-wallet account which can be activated by and/or accessible to Contractors registered on the Ontop Platform that reflects the available balance of payments from the clients to whom the Contractors provide services through Ontop, which can be held within the account balance and/or paid out to Contractors through a number of different payment methods.
1.4. “User”, “you” and “your'' are clients that use Ontop's worldwide solution that allows them to access contractor services through Ontop Signs.
1.5. “Contractor” is an individual or legal entity that performs services to Ontop in favor of clients.
1.6. “Prepayment(s)” is the money deposited by the User into the Stronghold Account for future payments of Ontop Signs services.
2. GENERAL CONDITIONS OF STRONGHOLD ACCOUNT:
2.1. To be eligible for the use of the Stronghold Account, Users shall have an active Ontop Signs Service Agreement.
2.2. Prepayments shall not exceed the amount equivalent to six (6) months of Contractor compensation plus Ontop fees established in the Ontop Signs Service Agreement.
2.3. Prepayments may be disbursed into Contractor's Wallets for payroll purposes only.
2.4. Users may not ask for disbursements from their Prepayments if these are not related to Payroll (e.g. transfers to their corporate or third-party bank accounts).
2.5. Only in the event of Termination of the Ontop Signs Service Agreement between the User and Ontop, the User will receive the remaining amount of its Prepayment back.
2.6. Prepayments will be held by Ontop in fiat USD in a J.P. Morgan bank account.
These Terms are subject to occasional revision, and if we make any substantial changes, we may notify you by sending you an email to the last email address you provided to us (if any), and/or by prominently posting notice of the changes on our Website. You are responsible for providing us with your most current email address. In the event that the last email address that you have provided us is not valid, or for any reason is not capable of delivering to you the notice described above, our dispatch of the email containing such notice will nonetheless constitute effective notice of the changes described in the notice. Any changes to these Terms will be effective immediately. Continued use of our Website and/or Platform following notice of such changes shall indicate your acknowledgement of such changes and agreement to be bound by the terms and conditions of such changes.