Terms and Conditions

TransferClear HK Limited Escrow and Transfer Agent Services

These terms and conditions (“Terms”) govern the use of the escrow and transfer agent services provided by TransferClear HK Limited (“TransferClear,” “we,” “us,” or “our”). By engaging our services, you agree to be bound by these Terms. Please read them carefully before proceeding.

1. Scope of Services

TransferClear provides escrow and transfer agent services to facilitate secure financial transactions. Our services include, but are not limited to:

• Escrow Services: Holding funds or assets in trust during a transaction until specified conditions are met.
• Transfer Agent Services: Managing the transfer of securities, maintaining shareholder records, and facilitating dividend disbursements.

2. Client Responsibilities

As a client of TransferClear, you agree to:

• Provide accurate and complete information necessary to facilitate transactions.
• Comply with all legal and regulatory requirements related to your transactions.
• Abide by the terms of any escrow agreements or transfer instructions provided by TransferClear.

3. Security and Confidentiality

TransferClear employs industry-standard security measures to protect your information and assets. However, you acknowledge that no system is completely immune to security breaches, and TransferClear shall not be liable for any damages resulting from unauthorized access to your information or assets, except in cases of gross negligence or willful misconduct.

4. Fees and Payment

Client agrees to pay TransferClear the fees for the services provided, as outlined in the applicable fee schedule. Fees are payable in the currency specified and are due upon completion of the services or as otherwise agreed upon by both parties.

5. Limitation of Liability

In no event shall TransferClear be liable for any indirect, incidental, special, or consequential damages arising out of or in connection with the use of our services, including but not limited to loss of profits, loss of data, or interruption of business, even if advised of the possibility of such damages.

6. Termination

Either party may terminate the engagement upon written notice to the other party. Upon termination, any outstanding fees shall become immediately due and payable, and TransferClear shall return any remaining funds or assets held in escrow to the appropriate parties in accordance with the terms of the escrow agreement.

7. Governing Law and Dispute Resolution

These Terms shall be governed by and construed in accordance with the laws of Hong Kong. Any dispute arising out of or relating to these Terms shall be resolved through arbitration in accordance with the rules of the Hong Kong International Arbitration Centre (HKIAC).

8. Amendments

TransferClear hk reserves the right to amend these Terms at any time, with or without notice to clients. Amendments will be effective immediately upon posting on our website. Continued use of our services following any such amendments constitutes acceptance of the revised Terms.