Revised General Terms & Conditions for the Purchase of Gajumaru Software Licenses

Updated, 8th August 2025

Preamble: Objectives and Legal Framework

This offering is strictly limited to the sale and support of software licenses that entitle the purchaser to provide computational capacity in support of the Gajumaru blockchain, and does not constitute the offering of financial products, securities, investment contracts, custodial services, or derived services, by any means.

1. Purpose and Legal Status

These General Terms & Conditions ("GTCs") govern the purchase of Gajumaru software and supporting services ("SaaS License(s)") by the purchaser ("Purchaser") from QPQ IaaS AG ("Owner"), a Swiss Corporation, CHE-242.519.378, Industriestrasse 47, 6300 Zug, Switzerland. QPQ IaaS AG provides downloadable mining software with integrated performance optimisation and support, enabling participation in the Gajumaru blockchain. This license does not grant any legal or financial rights to digital assets, tokens, or income.

2. Software License and Delivery

Purchaser is granted a non-exclusive, limited, and non-transferable license to use the Software associated with the SaaS License (“Software”). Software includes executable programs and may include documentation and/or videos. The SaaS license is supported with performance optimisation and technical support by the Owner through December 31, 2026.

3. Independent Operation and Non-Custodial Design

The Software operates independently on Purchaser's equipment. It facilitates connection to a network node (Mint Leader) on the Gajumaru blockchain. The Owner does not pool computational resources, or hold digital assets on behalf of Purchaser. The Owner may distribute or have mining rewards distributed to Purchaser in form and volume that is subject to Purchaser meeting the necessary conditions. Owner does not specify any cash value to such mining rewards nor does it offer a secondary market for such mining reward. In effect, there is not ascertainable basis to define a potential cash value, other than the cost of purchase of the SaaS License by the Purchaser.

4. Intellectual Property

Ownership of all intellectual property rights remains with Owner. No transfer of ownership is implied or granted. The SaaS license is limited to intended use only.

5. Usage Restrictions

Software is limited to installation on a single machine. Modification, reverse-engineering, resale, or concurrent multiple installations are prohibited.

6. Revocation of License

Failure to comply with these GTCs will result in automatic revocation of the license and may disable access to the Software.

7. Fees and Payment

The License Fee (‘License Fee”) is exclusively for the use of the Software and associated services. At Owner’s sole discretion, Owner may provide Purchaser with a voucher (‘Voucher’) not in excess of 2% of the License Fee paid by Purchaser. Voucher can be used to acquire services and/or product from Owner. Acquiring the SaaS license shall not be construed as an investment in, or entitlement to, any financial interest, equity, revenue, or digital assets. The purchase of the SaaS License does not represent a contribution to a common enterprise or pooled effort, and no profits or returns are promised or expected from the efforts of the Owner or any other party.

8. Disclaimers and Limitation of Liability

The Software is provided "as is" with no guarantees. Liability is limited to the amount paid for the license. No claim for lost profit or indirect damage is accepted.

9. Cancellation and Refund Policy

The Purchaser has the right to cancel the Purchase within 14 days of making the Purchase without giving any reason for doing so, provided that the Software has not been installed and activated. In order to exercise the right of cancellation, the Purchaser must inform the Owner of the decision by means of a clear statement by email to: info@gajumaru.com. Once the Software has been activated, the Purchaser expressly acknowledges and agrees that no refund shall be available under any circumstances. Activation of the Software constitutes full acceptance of this policy and a waiver of the right to cancellation or reimbursement. Upon receipt of the cancellation request within 14 days of purchase, and provided that the Software has not been activated, the Owner will reimburse the Purchaser within 14 days of the request being received. Reimbursement will be made using the same payment method used for the original transaction. Any fees incurred by the Purchaser from their own financial institution for receiving the reimbursement are the responsibility of the Purchaser.

10. Fixed Contribution Rate and Monthly Purchase Opportunity

Each SaaS License tier includes a fixed, predefined daily computational contribution rate (e.g., number of Gajus per day). This rate is determined at the time of purchase and does not change over the duration of the software license term. Users may contribute continuously, and their opportunity to purchase Gajus each month is derived from: The fixed contribution rate of their license; Their system uptime and software activation; The number of days in each calendar month.

11. Expiry of Purchase Opportunity

The opportunity to acquire Gajus under each monthly contribution period expires 60 days following the close of that month. If not exercised by the Purchaser within that period, the opportunity is deemed forfeited and QPQ IaaS AG may reclaim or reassign the relevant Gajus at its sole discretion. No compensation or carryover applies.

12. Tax and Legal Responsibility

Purchaser is solely responsible for any tax obligations arising from their activities. Owner does not provide tax, legal, or financial advice and assumes no liability for user compliance. Gajus acquired under the Program are considered capital assets acquired via purchase.

13. Equipment and Performance Requirements

Performance and outcomes depend on Purchaser’s equipment and internet connectivity. No guarantee is made regarding the ability to qualify for the purchase of Gajus coins. Contribution is logged based on actual uptime and throughput.

14. Warranties and Representations

Owner warrants it holds necessary rights to license the Software. No warranties are made as to outcomes, earnings, or system performance.

15. Term and Termination

These GTCs apply from the date of purchase until the end of software support or revocation of license. Termination occurs upon breach, non-compliance, or voluntary discontinuation.

16. KYC/AML Compliance

Purchaser agrees to submit legally required identification documentation if requested to do so by Owner or by a third party engaged for this purpose by the Owner. and or where where such documentation is explicitly required. Compliance with any such lawful requirement shall be to the satisfaction of the competent third party, not Owner. The Purchaser understands and agrees that the Owner is not imposing this requirement voluntarily, but solely to comply with legal obligations imposed by competent authorities and or competent legal advice.

17. Changes to GTCs

Purchaser and Owner confirm that the GTCs are the only and exclusive agreement by and between Owner and Purchaser Owner reserves the right to modify these GTCs at any time. Updated versions will be effective and applicable from the moment of notification or publication or the date of the GTCs whichever is the latter.

18. Severability

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

19. Governing Law and Venue

These GTCs are governed under Swiss Law (without the effect of Swiss conflict of law rules) exclusively. Any disagreement relating these GTCs is under the exclusive jurisdiction of the courts of the City of Zug, Canton of Zug, Switzerland.

Referral Commissions Addendum

Effective as of: 8th August 2025

To be read in conjunction with the Gaju Mining Terms & Conditions, dated same.

1. Purpose and Legal Status

This Referral Commissions Addendum supplements the General Terms & Conditions (“GTCs”) issued by QPQ IaaS AG and governs the optional referral functionality provided via the Gajumaru Mining dashboard. It outlines how referrers may earn and allocate commissions in a transparent, rule-based manner while maintaining the non-financial, non-securitised nature of Gajumaru software licenses.

This mechanism does not represent a multilevel marketing scheme, profit-sharing, financial incentive plan, or collective investment product. No pooling of funds, automated revenue distribution, or guaranteed income is implied or provided. All commissions are conditional rebates applied within a commercial software context and remain discretionary and non-binding until the applicable payout conditions are met.

2. Overview of Commission Logic

  • Referrers who have purchased Gajumaru SaaS licenses may receive commission rebates on eligible referrals.
  • Each license tier confers a maximum permitted commission factor, as defined in the Referral Commission Matrix (Section 6).
  • Referrers may optionally rebate part or all of their earned commission to their referee (“the Buyer”) using a sliding scale within the Gajumaru dashboard.
  • Commissions are calculated net of any applicable platform discounts and only accrue upon activation of the referred SaaS license by the Buyer.

The commission structure is designed to create natural alignment between referrers and referees. Because commissions only begin to accrue once the buyer activates the referred SaaS license, referrers are strongly incentivised to assist in onboarding and activation. This approach not only ensures better user engagement but also reflects the principle of rewarding those who take active responsibility in the early growth of the ecosystem.

3. Honesty Discount

A default 5% discount is embedded into all Gajumaru referral codes and applied automatically when a user signs up using a valid referral link.

This discount is funded by QPQ IaaS AG and does not reduce the commission available to the referrer unless they choose to extend further discounts from their share. The ‘Honesty discount’ does not have a cash value and cannot be used other than for the purchase of a Gaju Mining SaaS License.

4. Sliding Discount and Control Parameters

Referrers can offer a discount (combining the 5% QPQ discount with their commission allocation) up to their tier’s permitted maximum commission. The more they allocate to the Buyer as a discount, the less remains as commission. Formula:

  • Buyer Price = CHF (List Price × 0.95 × (1 – Referrer Discount %))
  • Referrer Commission = CHF (List Price × 0.95 × Referrer Discount %)

Referrers may execute this allocation using a slider function in the dashboard. Each custom referral offer must specify:

  • Discount rate offered to Buyer (within permitted limits);
  • Maximum number of redemptions (by quantity or aggregate value);
  • Duration/expiry of the offer (in days).

These controls are implemented to avoid unintended misuse and to ensure transparency across all participants.

5. Commission Accrual and Payment

  • Commissions accrue only when a referred SaaS license is purchased and activated.
  • If a referral is refunded or never activated, no commission is payable and the transaction remains flagged as a refund risk.
  • Commissions are paid on the 25th day of the month following the month in which the SaaS license is activated, subject to:
    • a minimum aggregate Commission threshold of CHF 5,000, and
    • verification of purchaser legitimacy and payment method settlement, and
    • Receipt of License Fee by Owner, free and clear.
  • Accrued commissions are viewable in real-time in the referrer’s dashboard but remain provisional until payout.
  • Commissions that are earned and accumulated into the referrer’s Gaju Mining Dashboard but the sum of these commissions is less than the pay-out threshold of CHF 5,000, and the credits are not used to purchase Gaju Mining licenses at the maximum discount (see 5.1 below), will be paid out at the end of the protected mining period.

5.1 Commission Redemption via License Purchases

Referrers may redeem their accrued commissions, once the underlying referral has been activated, by applying them toward the purchase of new SaaS licenses. This redemption uses a blended discount comprising:

  • The 5% QPQ referral discount applied to all referred SaaS licenses; and
  • The remaining percentage (up to the referrer’s commission factor) not given to the Buyer as a discount.

The formula is as follows:

  • Buyer Price = List Price × 0.95 × (1 - Referrer Discount %)
  • Referrer Commission = List Price × 0.95 × (Referrer Additional Discount %)

Once activated, the referrer may use their commission balance to offset the cost of another SaaS license purchase. If the commission balance exceeds the payable amount, any excess is credited as Gaju Mining Credits for future use.

6. Commission Matrix (Referral Tiers)

Commissions are tiered based on two variables:

  • The referrer’s highest SaaS license held, and
  • The SaaS license being purchased by the referee.

To preserve the financial sustainability of the referral system, commission capacity is progressively reduced for lower-value SaaS licenses. This reflects the fact that certain operational costs borne by QPQ IaaS AG are fixed, irrespective of license value. Allowing full commissions on CHF 50-tier SaaS licenses would result in negative margins, undermining the economic model.

Licenses

QPQ IaaS AG retains the right to update this matrix for future purchases.

A set of worked examples follows, assuming the application of a 5% discount to the price of the Gaju Mining license. The vendor and their license are shown in the first column, from Alfie with a Shogun license down to Ian, who has a Shinjin license. The buyer and the license that they are buying using the referrer’s code are shown along the top, from Julia buying a Shogun license, to Robert buying a Shinjin license.

Examples

7. Worked Examples

Example 1: No Additional Discount (Maximum Commission Realised) Joe holds a Daimyo SaaS license (40% maximum commission).

  • Joe refers Fred, who buys a Daimyo SaaS license, list price CHF 10,000.
  • Default QPQ IaaS AG 5% ’honesty’ discount: CHF 10,000 × 0.95 = CHF 9,500.
  • Joe offers no additional discount. Fred pays CHF 9,500.
  • Joe earns the full 40% commission: CHF 9,500 × 0.40 = CHF 3,800.

Joe may now use his CHF 3,800 commission to purchase SaaS licenses using his full 40% allowance. At 40% off the QPQ discounted price (i.e., 0.95 × 0.60 = 0.57 effective rate), Joe can purchase: CHF 3,800 ÷ 0.57 ≈ CHF 6,666 worth of list-priced SaaS licenses.

Optimal Conversion:

  • 1 × Samurai (CHF 5,000)
  • 1 × Sensei (CHF 1,000)
  • 1 × Genin (CHF 100)
  • 1 × Shinjin (CHF 50)
  • Total: CHF 6,150 list value (costing CHF 3,505.50)
  • Remaining credit: CHF 294.50 stored as Gaju Mining Credits in Joe’s dashboard.

Example 2: Buyer Receives 30% Discount (Referrer Retains 10%) Joe holds a Daimyo SaaS license (40% max commission).

  • Joe refers Fred, who buys a Daimyo SaaS license for CHF 10,000.
  • Default QPQ IaaS AG 5% ’honesty’ discount: CHF 10,000 × 0.95 = CHF 9,500
  • Joe offers Fred a 30% additional discount: CHF 9,500 × 0.70 = CHF 6,650 is the price that Fred pays for the Daimyo SaaS license.
  • Joe earns the remaining 10% as commission: CHF 9,500 × 0.10 = CHF 950

Joe can use this CHF 950 to buy SaaS licenses at a 43% total discount (0.95 × 0.60 = 0.57 effective cost). Accordingly, Joe can buy CHF 950 ÷ 0.57 ≈ CHF 1,666 in list-priced SaaS licenses.

Optimal Conversion:

  • 1 × Sensei (CHF 1,000)
  • 1 × Genin (CHF 100)
  • 1 × Shinjin (CHF 50)
  • Total: CHF 1,150 list value (costing CHF 655.50)
  • Remaining credit: CHF 294.50 stored as Gaju Mining Credits

Example 3: Smaller SaaS License, 10% Additional Discount Offered Joe (Daimyo tier) refers Alfie, who buys a Sensei SaaS license (CHF 1,000 list price).

  • Default QPQ IaaS AG 5% ’honesty’ discount: CHF 1,000 × 0.95 = CHF 950
  • Joe offers a 10% additional discount: CHF 950 × 0.90 = CHF 855 is the price that Alfie pays.

However, the maximum commission Joe can earn on a Sensei SaaS license is capped at 30%, per the matrix.

  • Total available commission window: CHF 950 × 0.30 = CHF 285
  • Joe gave an additional 10% discount to Alfie, so CHF 95 is deducted from the maximum commission. The remaining 20% is: CHF 950 × 0.20 = CHF 190

Joe may use this CHF 190 to buy SaaS licenses at his maximum discounted rate, so CHF 190 ÷ 0.57 ≈ CHF 333 in list priced SaaS licenses.

Optimal Conversion:

  • 1 × Genin (CHF 100) – cost: CHF 57
  • 1 × Chunin (CHF 250) – cost: CHF 142.50
  • Total: CHF 350 list value (cost: CHF 199.50)
  • Remaining credit: CHF 0.50 stored as Gaju Mining Credits

8. Regulatory and Tax Considerations

  • All commissions are classified as commercial rebates within a business-to-consumer SaaS license model and are not financial returns.
  • Referrers are solely responsible for declaring and paying any taxes that may arise from referral earnings in their respective jurisdictions.
  • QPQ IaaS AG provides no tax, legal, or financial advice.

As per the GTCs to which this Addendum refers, this Addendum shall be governed by and construed in accordance with the laws of the Canton Zug, Switzerland. Any disputes shall be subject to the exclusive jurisdiction of the competent courts of Zug, Switzerland.

9. Abuse and Misuse Prevention

Any attempt to:

  • Self-refer using multiple identities;
  • Circumvent license ownership limits;
  • Issue unlimited/evergreen codes without restriction;
  • Or misrepresent affiliation with QPQ IaaS AG,

Will result in immediate suspension of referral privileges and possible SaaS license revocation at the sole discretion of QPQ IaaS AG.

10. Amendments

QPQ IaaS AG reserves the right to amend this Addendum and/or the Referral Commission Matrix at its sole discretion. Any changes will be communicated through the user dashboard and apply prospectively.

11. Contact and Support

For any questions related to the referral program or commissions, contact:

Email: referrals@gajumining.com

Address: QPQ IaaS AG, Industriestrasse 47, 6300 Zug, Switzerland.