Terms and Definitions

Promoter of Projectbon Public Contracts

means a Bitbon System Participant[i], who has the right in the Bitbon System[i] to provide full range of mechanisms on his/her public internet resources to implement the IBO[i] (Initial Business Offering) and Contributing[i] processes.

In accordance with Clause 47[i] of the Bitbon System Public Contract[i], Bitbon System Participants in the status of a Promoter of Projectbon Public Contracts receive remuneration designated exclusively in Projectbons[i] in the amount of 10% of the Bitbon Capitalization Fund’s[i] share, i.e. the share which has been received in Projectbons in the process of automatic Contributing, in accordance with the class of Projectbon Public Contracts[i] of specific projects. The established remuneration is distributed among Promoters of Projectbon Public Contracts in proportion to the amount of Projectbons that Contributors[i] have exchanged for Bitbons[i] using the mechanisms for implementation of the IBO and Contributing provided separately by each Promoter of Projectbon Public Contracts.

In accordance with Clause 48[i] of the Bitbon System Public Contract, the Bitbon System Participant in the status of a Contractat[i] may determine the amount of remuneration designated in Bitbons in favor of Promoters of Projectbon Public Contracts in the Contributing process under the terms and conditions of the Projectbon Public Contract of his/her project.