Effective Date: 01 November 2021

This Agreement contains the conditions for use of this Website.

You acknowledge and agree that this website is property of 800 Fitness West to East Corporation (‘Company’).

You acknowledge and agree that Company either owns or is licensed to use devices and marks, whether registered as a trademark or not, featured in this Website. Information, including advertisements, likewise found this website belong to the Company. Neither devices, nor marks, nor information may be used with the express written permission of the Company.

By accessing this website, you acknowledge and agree with the following conditions:

1. (1) Objective.

   This Agreement contains the guidelines for the proper use of this website. You agree to abide by the terms of this Agreement and acknowledge that Company may exclude you form using this website or availing of services provided by this website in case of failure to do so.

2. (2) Services offers.

   The website advertises ongoing business concern, unopened franchise territories, and fixed assets for sale (‘Business’). By creating an account and registering as a User, you authorize the Company to introduce you to the seller of a Business as a potential buyer.

3. You acknowledge and agree that the Company does not at any time guarantee the veracity and accuracy of advertisements posted on this website but depends on documents and representations made by the seller of a Business.

   You acknowledge and agree that you are responsible for conducting an independent due diligence prior to purchasing a Business and for seeking independent professional advice. You may not claim damages against the Company for misrepresentation or false information.

4. (3) Collection of personal data.

   This website collects personal information to provide service to you. You authorize Company to share your personal information with the seller of a Business. You acknowledge and agree that the following information you knowingly provided he Company through the website may be shared with a seller:

   • a. Name;

   • b. Contact number; and

   • c. Email address.

   You acknowledge and agree that Company may contact you and request additional personal information, including copies of government issued identification cards and financial information to verify your identity prior to connecting you with the seller.

   Upon verification of your identity, Company will inform you of the location of a seller and will obtain your consent to transfer your personal information to the jurisdiction where the seller is located.

   After the Company verifies your identity, it will keep your personal information on file for a period of five years from time you expressed interest in or purchased a Business. During this period, Company may contact you offline for offers similar to your last purchase.

   Information collected by the Company will be stored in its cloud facilities hosted by Microsoft 365 and will be transferred in accordance with the terms of the Company’s subscription.

   You may request to modify or to delete your information from the website by sending a . message to dpo@inspirebrandsasia.com

5. (4) Submission of interest.

   You may submit your interest on a Business through your registered account. You may send a private message to the Company containing your queries on and/or offer for a Business.

6. (5) Your warranties.

   You warrant that:

   • a. You have the legal capacity to enter into contracts;

   • b. You have sufficient and legitimately sourced funds to purchase an advertised Business;

   • c. You have not been convicted of bribery and corruption, or financial fraud, or money laundering, or similar and similarly situated offenses at any time; and

   • d. You are not a national of the country sanctioned by the US Office of Foreign Asset Control or have been neither an officer or director or shareholder of an entity or was personally sanctioned by the US Office of Foreign Asset Control.

   In case the Company is made party to a dispute resolution mechanism in relation to a transaction in which you are or were party due the misrepresentation of the warranties listed above, you acknowledge and agree to reimburse all legal costs incurred by the Company and to pay the Company damages not exceeding one hundred thousand US dollars. Reimbursement must be made within seven days from the issuance by the Company of an invoice.

7. (6) Right to reject an expression of interest.

   Company reserves the right to reject an offer from you and not to introduce you to the seller of a Business.

   Company may require you to present satisfactory proof of your identity and source and proof of income at any time.

8. (7) Recognition of risk.

   You agree that there is an inherent risk in entering into a transaction facilitated by this website. In case of a successful acquisition, the Company neither guarantees the profitability of an ongoing business concern or the approval of transfer of an unopened franchise territory or condition of fixed assets.

9. (8) No agency or partnership.

   You acknowledge that no agency or partnership is created by registering as a user of this website. You are not allowed to offer any Business for sale to third parties.

   You warrant that you are interested to purchase a Business as in your personal capacity or on behalf of an entity you are employed as an officer or director or you are a shareholder.

10. (9) Exclusivity.

    You acknowledge and agree that advertisements posted on this website are propriety. You will not identify sellers of Businesses independent outside of this website and will not transact with them directly. If you do so, you acknowledge and agree that you will be liable for damages not exceeding one hundred thousand US dollars.

11. (10) Separability.

    If a clause or clauses are declared void by a court of law, then the other clauses shall remain valid and binding.

12. (11) Governing law and dispute resolution mechanism.

    This Agreement shall be governed by the laws of Singapore. Any dispute arising from the interpretation, or construction, or implementation of this Agreement must be submitted to the Singapore International Arbitration Center.

    You read, understood, and agree with the Terms of Use above and certify that you are at least 18 years of age to the use this website. Should you disagree with conditions above or are less eighteen years of age, kindly leave this website.

    You allow Company to share your personal information with its affiliates and subsidiaries for the purpose of receiving business opportunities.

    You agree to receive marketing materials or advertisements similar to that (or those) you are interested in.