You are subject to all laws of the state, province and/or country in which You reside and from which You access VALORY COMPANY’s website and You are solely responsible for obeying those laws. The Affiliate is not an employee of VALORY COMPANY, nor any associated company and must not claim to be so. The Affiliate is responsible for all taxes and fees based on all the bonuses, points, trading outputs, FIAT currency or cryptocurrencies received from the bonus system of VALORY COMPANY. In case that VALORY COMPANY will be liable for any tax or fee based on your bonuses, points, Promotion Codes, mined trading output and other remunerations to You as a Affiliate, you agree and accept to indemnify and hold VALORY COMPANY harmless for this and accept that VALORY COMPANY can claim liability and withhold already generated and future bonuses, points, trading outputs and future trading outputs, Promotion Codes and other remunerations to cover any payment of taxes or fees for the Affiliate. VALORY COMPANY prefers that the Affiliate apply to become an Affiliate as a corporation. If any government entity determines Affiliate is subject to wage withholding, the Affiliate agrees to form a corporation or to execute such paperwork or take such actions as is reasonable to establish that the Affiliate is not an employee of VALORY COMPANY or VALORY COMPANY will have the right to terminate Affiliate agreement forthwith upon written notice. If the Affiliate forms a corporation, then upon request by VALORY COMPANY the Affiliate shall provide documentation that a corporation has been formed and is in good standing with government entities. If the Affiliate forms a corporation, then all commissions under these T&C from VALORY COMPANY to the Affiliate shall be made payable to the Affiliate’s corporation. Otherwise, payments shall be made payable to the trade or business name of the Affiliate. If any government or authority demands that VALORY COMPANY pays a tax, fee, social insurance, VAT on Your purchased product or service or insurance contribution on behalf of the Affiliate or in regard to the product and/or services the Affiliate has purchased from VALORY COMPANY, you agree that VALORY COMPANY withhold these taxes and fees from You from already received and future bonuses, promotion codes and trading outputs. If VALORY COMPANY suspects that You breach against any law e.g. use a stolen credit card or otherwise makes a fraud or an attempt to fraud, VALORY COMPANY can with immediate effect suspend Your status as a Affiliate, block all Your bonuses and take other legal action against You without further notice. You agree that VALORY COMPANY cannot be held liable if laws applicable to You restrict or prohibit Your participation. VALORY COMPANY makes no representations or warranties, implicit or explicit, as to Your legal right to offer the products that VALORY COMPANY from time to time offers, nor shall any Affiliate, or claiming affiliation, with VALORY COMPANY have authority to make any such representations or warranties. VALORY COMPANY reserves the right to monitor the location from which You access VALORY COMPANY’s Websites and to block access from any jurisdiction in which participation is illegal or restricted..