PAX Gold Promotion Terms and Conditions
The PAX Gold Launch Promotion Terms and Conditions (hereinafter “PAXG Launch Promotion Terms and Conditions”) constitute an addendum to the PAX Gold Terms and Conditions and govern the terms of the PAXG launch promotion (the “Launch Promotion”). Capitalized terms not otherwise defined herein shall have the meaning described to them in the PAX Gold Terms and Conditions and the General Terms and Conditions.
- The Launch Promotion is only available to Customers who purchase PAXG on the Platform from September 5, 2019 to December 31, 2019.
- Customers are eligible to receive a 2% rebate in US dollars based on their PAXG purchases greater than 0.1 PAXG. Such rebate will be delivered to the Customer’s account within a reasonable timeframe.
- The Company will waive creation fees during the Launch Promotion.
- Customers who purchase PAXG during the Launch Promotion cannot convert their PAXG for US dollars or Unallocated Gold or redeem for Allocated Gold until December 31, 2019, subject further to paragraph 5 below.
- Customers who purchase PAXG during the Launch Promotion on or after November 22, 2019 cannot convert such PAXG for US dollars or Unallocated Gold or redeem for Allocated Gold for the three month period following the date of the purchase of such PAXG.
- Only the first 33 PAXG tokens purchased by a Customer or an affiliate of the Customer are eligible for the Launch Promotion.
- The discounts available in this Launch Promotion are:
- Only available until supplies last and will end once a total of 7,000 PAXG tokens are sold or on December 31, 2019, whichever is earlier.
- Non-transferrable, not for resale, and not redeemable for cash; and
- Valid only for PAXG tokens purchased on the Platform.
- The Company reserves the right to withdraw, amend or cancel a discount offer at any time.