Ozbet Platform Business Onboarding & Operation Agreement

Version: v1.0

Effective Date: October 13, 2025

Governing Law: Republic of Malta

1. Parties

Platform / Technology Provider

The entity legally established and operating the Ozbet platform, providing betting and sports prediction system services.

Operator / Applicant

A legally established entity holding valid licenses and approvals required to conduct betting, gaming, or related operations within its applicable jurisdiction.

2. Purpose

2.1 This Agreement defines the rights, obligations, and responsibilities of the Parties in connection with the provision and use of the Ozbet betting and sports prediction system.

2.2 By submitting an application, executing this Agreement, or using the Platform in any manner, the Operator acknowledges that it has read, understood, and agreed to be bound by all terms herein.

3. Qualifications and Compliance

3.1 The Operator represents and warrants that it is duly incorporated and legally authorized to conduct gaming or betting-related business in its jurisdiction.

3.2 The Platform may require the Operator to submit documentation including but not limited to:

  • Certificate of incorporation and corporate registration documents
  • Valid gaming or betting licenses
  • Ultimate Beneficial Owner (UBO) information
  • AML, CTF, and compliance policies

3.3 The Platform reserves the right to reject or terminate cooperation if any submitted information is false, incomplete, misleading, or no longer valid.

4. System Access and License

4.1 The Platform grants the Operator a non-exclusive, non-transferable, non-sublicensable license to access and use the system solely for lawful business purposes.

4.2 The Operator shall access and use the system strictly in accordance with the technical documentation and operational guidelines provided by the Platform.

4.3 The Operator shall not:

  • Reverse engineer, decompile, or disassemble the system;
  • Modify, interfere with, or bypass security mechanisms;
  • Use the system for any unlawful or unauthorized purpose.

4.4 The Platform reserves the right to modify, suspend, or restrict system access for maintenance, security, or regulatory compliance.

5. Scope of Business and Responsibilities

5.1 The Operator may only conduct business in jurisdictions where it is legally authorized to do so.

5.2 The Operator bears sole responsibility for:

  • User onboarding and management
  • All betting and wagering activities
  • Fund management and payouts
  • Tax reporting and regulatory compliance

5.3 The Platform does not:

  • Act as a bookmaker or betting counterparty

  • Hold, manage, or control player funds

  • Participate in wagering or gaming outcomes

6. AML, CTF and Compliance Obligations

6.1 The Operator shall maintain effective Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), and Know-Your-Customer (KYC) programs consistent with international standards.

6.2 The Platform may request documentation or conduct compliance reviews where reasonably necessary.

6.3 The Platform reserves the right to suspend or terminate services upon identification of material compliance risks.

7. Intellectual Property

7.1 All intellectual property rights in the Ozbet platform, including but not limited to software, algorithms, trademarks, interfaces, and documentation, belong exclusively to the Platform or its licensors.

7.2 The Operator shall not copy, distribute, sublicense, or otherwise exploit such intellectual property without prior written consent.

8. Commercial Terms and Settlement

8.1 Commercial terms including fees, revenue sharing, and settlement cycles shall be governed by a separate written agreement.

8.2 The Platform may revise pricing or commercial terms upon reasonable prior notice.

9. Data Security and Limitation of Liability

9.1 The Operator shall safeguard all access credentials, API keys, and sensitive information.

9.2 The Platform shall not be liable for any loss or damage arising from the Operator’s failure to protect such information.

9.3 To the maximum extent permitted by law, the Platform’s total liability shall not exceed the total fees received under this Agreement.

10. Term and Termination

10.1 This Agreement shall become effective on the Effective Date and remain in force until terminated.

10.2 Either Party may terminate this Agreement immediately upon material breach by the other Party.

10.3 Upon termination, the Operator shall immediately cease use of the Platform and destroy or return all related materials.

11. Governing Law and Dispute Resolution

11.1 This Agreement shall be governed by and construed in accordance with the laws of the Republic of Malta.

11.2 Any dispute arising out of or in connection with this Agreement shall be submitted to the exclusive jurisdiction of the competent courts of Malta.

12. Miscellaneous

12.1 This Agreement constitutes the entire agreement between the Parties and supersedes all prior understandings.

12.2 Any amendment must be made in writing and signed by both Parties.

12.3 If any provision is held invalid or unenforceable, the remaining provisions shall remain in full force and effect.