CONTRACT OFFER FOR COMMERCIAL PARTNERS

Place of Conclusion: Republic of Armenia, Yerevan Publication Date: 31.01.2025

1. General Provisions

1.1. Limited Liability Company "Blob Solutions" (hereinafter – "Company" or "Agent"), TIN: 02906081, address: Yerevan, Saryan St. 31, apt. 16, offers any person entitled to conduct commercial activities (hereinafter – "Seller" or "Commercial Partner"), to enter into this Contract Offer (hereinafter – "Contract"). Under the Contract, the Seller places information about goods, works, and/or services offered for sale (collectively – "Goods") on the online platform https://tun.market (hereinafter – "Platform") with the aim of concluding purchase and sale transactions with Platform users (hereinafter – "Buyers").

1.2. This Contract is a public offer. The full text is available at https://tun.market/p/merchant-offer. Acceptance of the offer is confirmed through the Platform interface (e.g., clicking "Become a Seller", "Accept Terms" button) or the actual start of placing Offers on the Platform.

1.3. A Separate Policy describing prohibited and restricted goods for placement and sale is available at https://tun.market/p/prohibited-and-restricted-benefits. The Seller is obliged to comply with the specified restrictions and the legislation of the RA.

2. Terms and Definitions

2.1. Buyer – a user of the Platform who purchases Goods from the Seller.

2.2. Seller's Offer – information about the Goods placed by the Seller on the Platform (name, description, price, delivery terms, etc.), addressed to an indefinite circle of users.

2.3. Document (Purchase Confirmation) – an electronic document (notification, receipt, etc.) confirming the fact of payment for the Goods by the Buyer and obligating the Seller to transfer (provide) the corresponding Goods under the terms of the contract between the Seller and the Buyer.

2.4. Other terms are used in the meanings defined by the current legislation of the Republic of Armenia and (if necessary) in the Public Offer published for all Platform users.

3. Subject of the Contract

3.1. Provision of Platform and Agency Services

• The Company (Agent) provides the Seller with access to the Platform for placing Offers about Goods, as well as ensures functionality for receiving payments from Buyers on behalf of and in the interest of the Seller.
• The Company acts exclusively as an Agent, receiving funds from Buyers as an authorized representative of the Seller and transferring them to the Seller minus the agent's remuneration (commission).

3.2. Obligations of the Seller

• Place accurate information about the Goods, timely update details (prices, availability, etc.).
• Comply with applicable legislation and the rules at https://tun.market/p/prohibited-and-restricted-benefits, not placing goods or services prohibited or restricted for sale.
• Timely and properly transfer (provide) the Goods to the Buyer upon receiving payment confirmation (Document).
• Bear responsibility for the quality, safety, description compliance, and legality of the Goods, as well as for complying with all tax obligations.

3.3. Ownership of Funds

• The Seller acknowledges that funds received from Buyers immediately belong to the Seller, except for the amounts of the Company's commission remuneration, which are the Company's income.
• The Company does not conduct banking or other financial activities but acts strictly within the scope of agency authority, providing technical and organizational support for transactions.
• The Company does not store or manage Buyer funds independently, as all payments are considered payments directly to the Seller through the Company's agency role.

4. Rights and Obligations of the Parties

4.1. Rights and Obligations of the Seller

4.1.1. Place Offers about Goods on the Platform, providing all necessary data (name, price, terms, delivery conditions, etc.).

4.1.2. Ensure the legality of the sale (availability of certificates, licenses, compliance with RA legislation).

4.1.3. Comply with warranty and return obligations to the Buyer in accordance with legislation and Offer terms.

4.1.4. Do not mislead Buyers regarding the characteristics, price, availability, or other parameters of the Goods.

4.1.5. Independently calculate and pay taxes, fees, and other mandatory payments provided by RA legislation related to the sale of Goods.

4.2. Rights and Obligations of the Company (Agent)

4.2.1. Receive funds from Buyers as an authorized Agent of the Seller and ensure timely transfer minus commission.

4.2.2. Issue a Purchase Confirmation Document to Buyers, confirming the transaction.

4.2.3. Transfer amounts received from Buyers to the Seller, minus the agent's remuneration (commission), in the manner specified in this Contract.

4.2.4. Block or remove the Seller's Offers, and if necessary, suspend payments if there are grounds to believe that the Seller violates RA legislation, third-party rights, or the terms of this Contract.

5. Remuneration

5.1. Company's Commission is, by default, 5% of the Buyer's payment amount (starting from 01.04.2025), unless otherwise established in additional agreements or promotions.

5.2. The commission is automatically withheld upon receiving funds, before transferring the remaining balance to the Seller.

6. Payment Procedures

6.1. The Company transfers funds to the Seller within 5 (five) banking days from the moment of confirming the fulfillment of delivery (provision) obligations for the Goods (receiving the Document confirming the order fulfillment).

6.2. The Seller must provide correct details necessary for transferring funds.

6.3. In case of Buyer refunds, the Company has the right to withhold the corresponding amounts from the Seller’s future payouts.

7. Liability

7.1. The Seller bears full responsibility for the quality, safety, and legality of the Goods.

7.2. The Company is not a financial institution, does not provide banking services, and does not act as a payment system.

7.3. The Seller independently bears responsibility for any claims, sanctions, fines imposed by government bodies.

8. Dispute Resolution

8.1. Disputes are resolved through negotiations; otherwise, they are referred to court in accordance with RA legislation.

9. Final Provisions

9.1. The Contract comes into force upon acceptance and is valid indefinitely.

9.2. The Company has the right to unilaterally amend the Contract by posting updates at https://tun.market/p/merchant-offer.

LLC "Blob Solutions" Address: Yerevan, Saryan St. 31, apt.16, RA TIN: 02906081 E-mail: [email protected]