1.TERMS OF USE

1.1 The license for use of this Site and the Services is effective until terminated. This license will terminate as set forth under these Terms of Service or if you fail to comply with any term or condition of these Terms of Service. In any such event, Assetera Connect Pte Ltd may effect such termination with or without notice to you. You agree not to:

(a) upload, post, transmit or otherwise make available any Content that is unlawful, harmful, threatening, abusive, harassing, alarming, distressing, tortuous, defamatory, vulgar, obscene, libellous, invasive of another's privacy, hateful, or racially, ethnically or otherwise objectionable;

(b) violate any laws, including without limitation any laws and regulation in relation to export and import restrictions, third party rights or our Prohibited and Restricted Items policy;

(c) upload, post, transmit or otherwise make available any Content featuring an unsupervised minor or use the Services to harm minors in any way;

(d) use the Services or upload Content to impersonate any person or entity, or otherwise misrepresent your affiliation with a person or entity;

(e) forge headers or otherwise manipulate identifiers in order to disguise the origin of any Content transmitted through the Services;

(f) remove any proprietary notices from the Site;

(g) cause, permit or authorize the modification, creation of derivative works, or translation of the Services without the express permission of Assetera Connect Pte Ltd;

(h) use the Services for the benefit of any third party or any manner not permitted by the licenses granted herein;

(i) use the Services or upload Content in a manner that is fraudulent, unconscionable, false, misleading or deceptive;

(j) open and/or operate multiple user accounts in connection with any conduct that violates either the letter or spirit of these Terms of Service;

(k) access the Assetera Connect Pte Ltd platform, open a user account, or otherwise access your user account using any non-official Assetera Connect Pte Ltd hardware or software, including but not limited to an emulator, simulator, bot or other similar hardware or software;

(l) manipulate the price of any item or interfere with other User's listings;

(m) take any action that may undermine the feedback or ratings systems;

(n) attempt to decompile, reverse engineer, disassemble or hack the Services (or any portion thereof), or to defeat or overcome any encryption technology or security measures implemented by Assetera Connect Pte Ltd with respect to the Services and/or data transmitted, processed or stored by Assetera Connect Pte Ltd;

(o) harvest or collect any information about or regarding other Account holders, including, without limitation, any personal data or information;

(p) upload, email, post, transmit or otherwise make available any Content that you do not have a right to make available under any law or under contractual or fiduciary relationships (such as inside information, proprietary and confidential information learned or disclosed as part of employment relationships or under nondisclosure agreements);

(q) upload, email, post, transmit or otherwise make available any Content that infringes any patent, trademark, trade secret, copyright or other proprietary rights of any party;

(r) upload, email, post, transmit or otherwise make available any unsolicited or unauthorised advertising, promotional materials, "junk mail", "spam", "chain letters", "pyramid schemes", or any other unauthorised form of solicitation;

(s) upload, email, post, transmit or otherwise make available any material that contains software viruses, worms, Trojan-horses or any other computer code, routines, files or programs designed to directly or indirectly interfere with, manipulate, interrupt, destroy or limit the functionality or integrity of any computer software or hardware or data or telecommunications equipment;

(t) disrupt the normal flow of dialogue, cause a screen to "scroll" faster than other Users of the Services are able to type, or otherwise act in a manner that negatively affects other Users' ability to engage in real time exchanges;

(u) interfere with, manipulate or disrupt the Services or servers or networks connected to the Services or any other User's use and enjoyment of the Services, or disobey any requirements, procedures, policies or regulations of networks connected to the Site;

(v) take any action or engage in any conduct that could directly or indirectly damage, disable, overburden, or impair the Services or the servers or networks connected to the Services;

(w) use the Services to intentionally or unintentionally violate any applicable local, state, national or international law, rule, code, directive, guideline, policy or regulation including, without limitation, laws and requirements (whether or not having the force of law) relating to anti-money laundering or counter-terrorism;

(x) use the Services in violation of or to circumvent any sanctions or embargo administered or enforced by the U.S. Department of Treasury’s Office of Foreign Assets Control, the United Nations Security Council, the European Union or Her Majesty’s Treasury;

(y) use the Services to violate the privacy of others or to "stalk" or otherwise harass another;

(z) infringe the rights of Assetera Connect Pte Ltd, including any intellectual property rights and any passing off of the same thereof;

(aa) use the Services to collect or store personal data about other Users in connection with the prohibited conduct and activities set forth above;

(bb) list items which infringe upon the copyright, trademark or other intellectual property rights of third parties or use the Services in a manner which will infringe the intellectual property rights of others; and/or (cc) direct or encourage another user to conduct a transaction other than on the Site.

2. PURCHASE AND PAYMENT

2.1 Assetera Connect Pte Ltd supports one or more of the following payment methods in each country it operates in:

(i) Credit Card payments are processed through third-party payment channels and the type of credit cards accepted by these payment channels may vary depending on the jurisdiction you are in.

(ii) Instalment Purchase Plan Buyers may pay via instalment for orders exceeding S$200. Payment via instalments are processed through third-party channels. The banks that currently support instalment plans are UOB, OCBC and DBS.

2.2 Buyer may only change their preferred mode of payment for their purchase prior to making payment.

2.3 Assetera Connect Pte Ltd takes no responsibility and assume no liability for any loss or damages to Buyer arising from shipping information and/or payment information entered by Buyer or wrong remittance by Buyer in connection with the payment for the items purchased. We reserve the right to check whether Buyer is duly authorised to use certain payment method, and may suspend the transaction until such authorisation is confirmed or cancel the relevant transaction where such confirmation is not available.

3. DELIVERY

3.1 Assetera Connect Pte Ltd will inform Seller when Assetera Connect Pte Ltd receives Buyer’s Purchase Monies. Unless otherwise agreed with Assetera Connect Pte Ltd, Seller should then make the necessary arrangements to have the purchased item delivered to Buyer and provide details such as the name of the delivery company, the tracking number, etc. to Buyer through the Site.

3.2 Seller must use his/her best effort to ensure that Buyer receives the purchased items within, whichever applicable, the Assetera Connect Pte Ltd Guarantee Period or the time period specified (for offline payment) by Seller on Seller’s listing.

3.3 Users understand that Seller bears all risk attached to the delivery of the purchased item(s) and warrants that he/she has or will obtain adequate insurance coverage for the delivery of the purchased item(s). In the event where the purchased item(s) is damaged, lost or failure of delivery during the course of delivery, Users acknowledge and agree that Assetera Connect Pte Ltd will not be liable for any damage, expense, cost or fees resulted therefrom and Seller and/or Buyer will reach out to the logistic service provider to resolve such dispute.

3.4 For Cross-Border Transaction. Users understand and acknowledge that, where a product listing states that the product will ship from overseas, such product is being sold from a Seller based outside of Singapore, and the importation and exportation of such product is subject to local laws and regulations. Users should familiarise themselves with all import and export restrictions that apply to the designating country. Users acknowledge that Assetera Connect Pte Ltd cannot provide any legal advice in this regard and agrees that Assetera Connect Pte Ltd shall not bear any risks or liabilities associated with the import and export of such products to Singapore.

3.5 Where the Buyer elects to have a purchased item delivered by Singpost Normal Mail, all costs for delivering the purchased item shall be borne solely by the Seller.

3.6 Where the Buyer elects to have a purchased item delivered by any other shipping method, the fee payable to the delivery company (“Shipping Fee”) shall be borne by the Buyer, Seller and Assetera Connect Pte Ltd in such proportions as may be determined by Assetera Connect Pte Ltd and published on the Site from time to time. Assetera Connect Pte Ltd shall

(i) collect the Buyer’s proportion of the Shipping Fee from the Buyer,

(ii) deduct the Seller’s proportion of the Shipping Fee from the Buyer’s Purchase Monies in accordance with Section 12.2, and

(iii) pay the total Shipping Fee to the delivery company.

3.6.1 For the avoidance of doubt, any Assetera Connect Pte Ltd-supported logistics services provided to Buyers and Sellers for overseas freight of goods from outside of Singapore to destinations within Singapore, as well as onshore logistics services for local freight, are provided or managed by Assetera Connect Pte Ltd Express Private Limited.

4. NO WARRANTY

4.1. You acknowledge and agree that the Assetera Connect Pte Ltd are provided on an “as is” and “as available” basis, and that your use of or reliance upon the Assetera Connect Pte Ltd and any content, products or services accessed or obtained thereby is at your sole risk and discretion.

4.2. Despite our efforts, our Assetera Connect Pte Ltd or any functionality may from time to time encounter technical or other problems and may not continue uninterrupted. Assetera Connect Pte Ltd does not represent or warrant that:

(a) the use of the Assetera Connect Pte Ltd will be secure, timely, uninterrupted or error free or that they will be compatible or operate in combination with any other hardware, software, system or data;

(b) the Assetera Connect Pte Ltd will meet your requirements or expectations;

(c) errors or defects in the Assetera Connect Pte Ltd will be corrected; or

(d) the Assetera Connect Pte Ltd and Assetera Connect Pte Ltd’s servers are free of viruses or other harmful components.

4.3. The Assetera Connect Pte Ltd may be subject to limitations, delays, and other problems inherent in the use of the Internet and electronic communications (including problems inherent to the computer or electronic device you use). Assetera Connect Pte Ltd is not responsible for any delays, delivery failures, damages, or losses resulting from such problems.

4.4. All conditions, representations and warranties, whether express, implied, statutory or otherwise, including, without limitation, any implied warranties of merchantability, fitness for a particular purpose, and non-infringement, are hereby excluded and disclaimed to the fullest extent permitted under the law.

4.5. No advice or information, whether oral or written, obtained by you from Assetera Connect Pte Ltd or from the Services shall create any representation, warranty or guarantee. Furthermore, you acknowledge that Assetera Connect Pte Ltd has no obligation to support or maintain the Assetera Connect Pte Ltd.

5. CANCELLATION, RETURN AND REFUND

5.1 Buyer may only cancel his/her order prior to the payment of Buyer’s Purchase Monies into Assetera Connect Pte Ltd Guarantee Account.

5.2 Buyer may apply for the return of the purchased item and refund prior to the expiry of Assetera Connect Pte Ltd Guarantee Period, if applicable, subject to and in accordance with Assetera Connect Pte Ltd’s Refunds and Return Policy. Please refer to Assetera Connect Pte Ltd’s Refunds and Return Policy for further information. Assetera Connect Pte Ltd reserve all rights and approval of purchased to return items.

5.3 Assetera Connect Pte Ltd reserves the right to cancel any transaction on the Site and Buyer agrees that Buyer’s sole remedy will be to receive a refund of the Buyer’s Purchase Monies paid into Assetera Connect Pte Ltd Guarantee Account.

5.4 If you have redeemed Assetera Connect Pte Ltd Coin for your transaction and you are successful in obtaining a refund based on Assetera Connect Pte Ltd’s Refunds and Return Policy, Assetera Connect Pte Ltd shall refund the monies you have actually paid for the item and credit back any redeemed Assetera Connect Pte Ltd Coin to your Account separately.

5.5 Assetera Connect Pte Ltd does not monitor the cancellation, return and refund process for offline payment.

5.6 Refunds to Buyers shall be made to their Assetera Connect Pte Ltd Pay wallet within five (5) days of the return or refund request being approved.

6. SELLER’S RESPONSIBILITIES

6.1 Seller shall properly manage and ensure that relevant information of the item (such as the price, item specifications and inventory amount) and any terms and conditions for sales is updated on Seller’s listing and shall not post inaccurate, misleading or incomplete information.

6.2 The price of items for sale will be determined by the Seller at his/her own discretion. The price of an item and shipping charges shall include the entire amount to be charged to Buyer such as sales tax, value-added tax, tariffs, etc. and Seller shall not charge Buyer such amount additionally and separately.

6.3 Seller agrees that Assetera Connect Pte Ltd may at its discretion engage in promotional activities to induce transactions between Buyer and Seller by reducing, discounting or refunding fees, or in other ways. The final price that Buyer will pay actually will be the price that such adjustment is applied to.

6.4 For the purpose of promoting the sales of the items listed by Seller, Assetera Connect Pte Ltd may post such items (at adjusted price) on third-party websites (such as portal sites and price comparison sites) and other websites (domestic or foreign) operated by Assetera Connect Pte Ltd.

6.5 Seller shall issue receipts, credit card slips or tax invoices to Buyer on request.

6.6 Seller acknowledges and agrees that Seller will be responsible for paying all taxes, customs and duties for the item sold and Assetera Connect Pte Ltd cannot provide any legal or tax advice in this regard. As tax laws and regulations may change from time to time, Sellers are advised to seek professional advice if in doubt.

6.7 Seller acknowledge and agrees that Seller’s violation of any of Assetera Connect Pte Ltd’s polices will result in a range of actions as stated in Section 7.1.

7. TRANSACTION FEES

7.1 Assetera Connect Pte Ltd charges a fee for all successful transactions completed on the Site (“Transaction Fee”). The Transaction Fee is borne by the Seller, and is calculated as fifteen percent (15%) of the Buyer’s Purchase Monies, rounded up to the nearest cent. The Transaction Fee is subject to GST (“Tax Amount”), and the Seller is responsible for such Tax Amount.

7.2 For Sellers located outside of Singapore, Assetera Connect Pte Ltd charges a fee for all successful transactions completed on the Site (“Cross Border Fee”). The Cross Border fee is borne by the Seller, and is calculated according to the rates as notified to such Sellers from time to time on the Site.

7.3 For Sellers that sell Products on the Platform through the Shopify API, Assetera Connect Pte Ltd charges a fee for all successful transactions completed on the Site (“Shopify Transaction Fee”). The Shopify Transaction Fee is borne by the Seller, and is calculated as one and a half percent (1.5%) of the Buyer’s Purchase Monies, rounded up to the nearest cent. The Shopify Transaction Fee is subject to GST (“Shopify Tax Amount”), and the Seller is responsible for such Shopify Tax Amount. For the avoidance of doubt, the Shopify Transaction Fee and Shopify Tax Amount applies in addition to the Transaction Fee and Tax Amount.

7.4 Following the successful completion of a transaction, Assetera Connect Pte Ltd shall deduct the Transaction Fee, Tax Amount, Cross Border Fee, Shopify Transaction Fee, and Shopify Tax Amount (as applicable) from the Buyer’s Purchase Monies, and remit the balance to the Seller in accordance with Section 12.2. Assetera Connect Pte Ltd shall issue receipts or tax invoices for the Transaction Fee, Tax Amount, Shopify Transaction Fee, and Shopify Tax Amount paid by Seller on request. For Sellers located in Singapore, these tax invoices can be retrieved from the Seller Center.

8. DISPUTES

8.1 In the event a problem arises in a transaction, such problem shall be resolved according to Assetera Connect Pte Ltd’s policies.

8.2 Each Buyer and Seller covenants and agrees that it will not bring suit or otherwise assert any claim against Assetera Connect Pte Ltd or its Affiliates (except where Assetera Connect Pte Ltd or its Affiliates is the Seller of the product that the claim relates to) in relation to any transaction made on the Site or any dispute related to such transaction.

8.3 Users covered under Assetera Connect Pte Ltd Guarantee may send written request to Assetera Connect Pte Ltd to assist them in resolving issues which may arise from a transaction upon request. Assetera Connect Pte Ltd may, at its sole discretion and with absolutely no liability to Seller and Buyer, take all necessary steps to assist Users resolving their dispute. For more information, please refer to Assetera Connect Pte Ltd’s Refunds and Return Policy.

8.4 To be clear, the services provided under this Section 23 are only available to Buyers covered under Assetera Connect Pte Ltd Guarantee. Buyer using other payment means for his/her purchase should contact Seller directly.

9. FEEDBACK

9.1 Assetera Connect Pte Ltd welcomes information and feedback from our Users which will enable Assetera Connect Pte Ltd to improve the quality of service provided. Please refer to our feedback procedure below for further information:

(i) Feedback may be made in writing through email to or using the feedback form found on the App.

(ii) Anonymous feedback will not be accepted.

(iii) Users affected by the feedback should be fully informed of all facts and given the opportunity to put forward their case.

(iv) Vague and defamatory feedback will not be entertained.

10. DISCLAIMERS

10.1 The services are provided "As is" and without any warranties, claims or representations made by Assetera Connect Pte Ltd of any kind either expressed, implied or statutory with respect to the services, including, without limitation, warranties of quality, performance, non-infringement, merchantability, or fitness for a particular purpose, nor are there any warranties created by course of dealing, course of performance or trade usage. Without limiting the foregoing and to the maximum extent permitted by applicable law, Assetera Connect Pte Ltd does not warrant that the services, this site or the functions contained therein will be available, accessible, uninterrupted, timely, secure, accurate, complete or error-free, that defects, if any, will be corrected, or that this site and/or the server that makes the same available are free of viruses, clocks, timers, counters, worms, software locks, drop dead devices, trojan-horses, routings, trap doors, time bombs or any other harmful codes, instructions, programs or components.

10.2 You acknowledge that the entire risk arising out of the use or performance of the site and/or the services remains with you to the maximum extent permitted by applicable law.

10.3 Assetera Connect Pte Ltd has no control over and, to the maximum extent permitted by applicable law, does not guarantee or accept any responsibility for:

(a) the fitness for purpose, existence, quality, safety or legality of items available via the services; or

(b) the ability of sellers to sell items or of buyers to pay for items. If there is a dispute involving one or more users, such users agree to resolve such dispute between themselves directly and, to the maximum extent permitted by applicable law, release Assetera Connect Pte Ltd and its affiliates from any and all claims, demands and damages arising out of or in connection with any such dispute.

11. EXCLUSIONS AND LIMITATIONS OF LIABILITY

11.1 To the maximum extent permitted by applicable law, in no event shall Assetera Connect Pte Ltd be liable whether in contract, warranty, tort (including, without limitation, negligence (whether active, passive or imputed), product liability, strict liability or other theory), or other cause of action at law, in equity, by statute or otherwise, for:

(I) (a) loss of use;

(b) loss of profits;

(c) loss of revenues;

(d) loss of data;

(e) loss of good will; or

(f) failure to realise anticipated savings, in each case whether direct or indirect; or

(ii) any indirect, incidental, special or consequential damages, arising out of or in connection with the use or inability to use this site or the services, including, without limitation, any damages resulting therefrom, even if Assetera Connect Pte Ltd has been advised of the possibility of such damages.

11.2 You acknowledge and agree that your only right with respect to any problems or dissatisfaction with the services is to request for termination of your account and/or discontinue any use of the services.

11.3 If, notwithstanding the previous sections, Assetera Connect Pte Ltd is found by a court of competent jurisdiction to be liable (including for gross negligence), then, to the maximum extent permitted by applicable law, its liability to you or to any third party is limited to the lesser of:

(a) any amounts due and payable to you pursuant to the Assetera Connect Pte Ltd guarantee; and

(b) sg $100 (one hundred Singapore dollars).

11.4 Nothing in these terms of service shall limit or exclude any liability for death or personal injury caused by assetera connect pte ltd’s negligence, for fraud or for any other liability on the part of assetera connect pte ltd that cannot be lawfully limited and/or excluded.

12. INDEMNITY

12.1 You agree to indemnify, defend and hold harmless Assetera Connect Pte Ltd, and its shareholders, subsidiaries, affiliates, directors, officers, agents, co-branders or other partners, and employees (collectively, the "Indemnified Parties") from and against any and all claims, actions, proceedings, and suits and all related liabilities, damages, settlements, penalties, fines, costs and expenses (including, without limitation, any other dispute resolution expenses) incurred by any Indemnified Party arising out of or relating to:

(a) any transaction made on the Site, or any dispute in relation to such transaction (except where Assetera Connect Pte Ltd or its Affiliates is the Seller in the transaction that the dispute relates to),

(b) the Assetera Connect Pte Ltd Guarantee,

(c) the hosting, operation, management and/or administration of the Services by or on behalf of Assetera Connect Pte Ltd,

(d) your violation or breach of any term of these Terms of Service or any policy or guidelines referenced herein,

(e) your use or misuse of the Services,

(f) your breach of any law or any rights of a third party, or

(g) any Content uploaded by you.

13. GOVERNING LAW

13.1 These Terms of Service shall be governed by and construed in accordance with the laws of the Republic of Singapore without regard to its conflict of law rules. The United Nations Convention on Contracts for the International Sale of Goods and the Uniform Computer Information Transaction Act, to the extent applicable, are expressly disclaimed. Unless otherwise required by applicable laws, any dispute, controversy, claim or difference of any kind whatsoever shall arising out of or relating to these Terms of Service against or relating to Assetera Connect Pte Ltd or any Indemnified Party under these Terms of Service shall be referred to and finally resolved by arbitration in Singapore in accordance with the Arbitration Rules of the Singapore International Arbitration Centre (“SIAC Rules”) for the time being in force, which rules are deemed to be incorporated by reference in this Section. There will be one (1) arbitrator and the language of the arbitration shall be English.

14. GENERAL PROVISIONS

14.1 Assetera Connect Pte Ltd reserves all rights not expressly granted herein.

14.2 Assetera Connect Pte Ltd may modify these Terms of Service at any time by posting the revised Terms of Service on this Site. Your continued use of this Site after such changes have been posted shall constitute your acceptance of such revised Terms of Service.

14.3 You may not assign, sublicense or transfer any rights granted to you hereunder or subcontract any of your obligations.

14.4 Nothing in these Terms of Service shall constitute a partnership, joint venture or principal-agent relationship between you and Assetera Connect Pte Ltd, nor does it authorise you to incur any costs or liabilities on Assetera Connect Pte Ltd’s behalf.

14.5 The failure of Assetera Connect Pte Ltd at any time or times to require performance of any provision hereof shall in no manner affect its right at a later time to enforce the same unless the same is waived in writing.

14.6 These Terms of Service are solely for your and our benefit and are not for the benefit of any other person or entity, except for Assetera Connect Pte Ltd's affiliates and subsidiaries (and each of Assetera Connect Pte Ltd's and its affiliates' and subsidiaries' respective successors and assigns).

14.7 The terms set forth in these Terms of Service and any agreements and policies included or referred to in these Terms of Service constitute the entire agreement and understanding of the parties with respect to the Services and the Site and supersede any previous agreement or understanding between the parties in relation to such subject matter. The parties also hereby exclude all implied terms in fact. In entering into the agreement formed by these Terms of Service, the parties have not relied on any statement, representation, warranty, understanding, undertaking, promise or assurance of any person other than as expressly set out in these Terms of Service. Each party irrevocably and unconditionally waives all claims, rights and remedies which but for this Section it might otherwise have had in relation to any of the foregoing. These Terms of Service may not be contradicted, explained or supplemented by evidence of any prior agreement, any contemporaneous oral agreement or any consistent additional terms.

14.8 You agree to comply with all applicable laws, statutes, regulations and codes relating to anti-bribery and corruption including without limitation the UK Bribery Act, the US Foreign Corrupt Practices Act and the Singapore Prevention of Corruption Act and confirm that you have and shall have in place all policies and procedures needed to ensure compliance with such requirements.

14.9 If you have any questions or concerns about these Terms of Service or any issues raised in these Terms of Service or on the Site, please contact us at: help@support.Assetera Connect Pte Ltd.sg. LEGAL NOTICES: Please contact us here.

I HAVE READ THIS AGREEMENT AND AGREE TO ALL OF THE PROVISIONS CONTAINED ABOVE AND ANY REVISION THE SAME HEREAFTER. BY CLICKING THE “SIGN UP ” OR “CONNECT WITH FACEBOOK” BUTTON DURING REGISTRATION, I UNDERSTAND THAT I AM CREATING A DIGITAL SIGNATURE, WHICH I INTEND TO HAVE THE SAME FORCE AND EFFECT AS IF I HAD SIGNED MY NAME MANUALLY.

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