Rights-To-Retire™ (RTR™) – Terms & Conditions
By purchasing Rights-To-Retire™ (RTR™) from S10X Carbon Fund, LLC ("Carbon Fund"), you acknowledge and accept these Terms & Conditions.
1. Nature of Rights-To-Retire™ (RTR™)
1.1 RTR™ provide the holder with a contractual right to apply RTR™ units toward the retirement of eligible verified carbon credits in the future.
1.2 RTR™ do not constitute financial instruments, securities, or derivatives. They represent a contractual right to retire verified carbon credits when exercised by the holder.
2. Scope and Use
2.1 RTR™ may be exercised against any portion of future carbon credit purchases by the holder or by a carbon taxpaying entity designated by the holder.
2.2 RTR™ may be applied toward voluntary carbon footprint reduction or for compliance with applicable carbon tax obligations, subject to regulatory requirements.
3. Automatic Acceptance
3.1 Purchase of RTR™ constitutes automatic acceptance of these Terms & Conditions.
3.2 No further signature, acknowledgment, or confirmation is required.
4. Exercise of RTR™
4.1 RTR™ may be exercised at any time, in whole or in part, by the holder, subject to availability of verified carbon credits.
4.2 Upon exercise, RTR™ units will be applied toward the retirement of verified carbon credits and will be deducted from the holder's RTR™ balance.
4.3 The Carbon Fund does not guarantee the availability of specific carbon credit types or volumes at the time of RTR™ exercise.
5. Transferability
5.1 RTR™ units are non-transferable and may not be resold, assigned, or otherwise transferred without prior written consent from the Carbon Fund.
6. No Expiration
6.1 RTR™ units have no expiry date and may be exercised indefinitely, subject to the continued operation of the Carbon Fund and availability of verified carbon credits.
7. No Refunds
7.1 All RTR™ purchases are final and non-refundable.
8. No Price Guarantee
8.1 The purchase of RTR™ does not guarantee the price, availability, or type of carbon credits at the time of exercise.
9. Sale Price Approval
9.1 The price at which carbon credits are sold to RTR™ holders or to any entity exercising RTR™ rights must be reviewed and approved in writing by the Carbon Fund prior to execution of any sale or retirement.
10. Separate Agreements
10.1 The Carbon Fund reserves the right to enter into a separate, formal agreement with any RTR™ holder or purchaser to further govern the terms of RTR™ acquisition, exercise, or related services.
10.2 These Terms & Conditions shall continue to apply unless and until expressly superseded by such separate agreement.
11. Limitation of Liability
11.1 The Carbon Fund shall not be liable for any indirect, incidental, or consequential damages arising from the purchase, holding, or exercise of RTR™.
11.2 The Carbon Fund makes no warranties, express or implied, regarding the future availability, price, or regulatory acceptance of carbon credits.
12. Modification of Terms
12.1 These Terms & Conditions may be amended or updated from time to time at the sole discretion of the Carbon Fund. Any changes will apply to future RTR™ purchases and will not affect previously acquired RTR™.
13. Governing Law and Jurisdiction
13.1 These Terms & Conditions shall be governed by and construed in accordance with the laws of the State of Delaware, United States of America.
13.2 Any disputes arising under or in connection with these Terms & Conditions shall be subject to the exclusive jurisdiction of the courts of Delaware, USA.
By completing the purchase of RTR™, you agree to be bound by these Terms & Conditions.