Effective as of August 2024.

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By subscribing to the services provided by Alfred & Company Advisors Inc. (dba Richmond Virtual Offices), the Client agrees to comply with the terms set forth below. The Client’s continued use of the services indicates acceptance of these terms.

1. SERVICES:

Alfred & Company Advisors Inc. (dba Richmond Virtual Offices) (the “Company”) agrees to provide you, the “Client” with the use of its business address at Suite 725 - 6388 No. 3 Road, Richmond, British Columbia, Canada, V6Y 0L4. This service includes mail handling, which constitutes receiving and storing the Client's mail, with a prescribed limit of letters and envelopes per month depending on the selected subscription plan (the “Subscription”). An email alert will be sent to the Client when mail is received and processed. Unless the Customer requests in writing, any junk mail or advertisements will be recycled and not count towards the customer’s limit.

The mail handling services includes digitization services which include scanning, digitizing, and emailing including letters, envelopes, and cheques to the Client each month, up to the limit according to the Subscription.

For sensitive items, including packages or documents that require a signature upon delivery, the Company will make reasonable efforts to sign for and receive such items during regular business hours. However, the Company shall not be liable for any items that cannot be signed for or received due to the office being closed, staff being unavailable, or any other unforeseen circumstances outside of the Company’s control. The Client acknowledges that it is their responsibility to ensure proper delivery arrangements are made for such items.

2. TERM:

The term of this Agreement shall begin immediately upon payment of the Subscription or the Client’s use of the business address in any capacity (the “Effective Date”) and continue for a period of one (1) month, automatically renewing each month thereafter unless and until either the Company or the Client terminate this Agreement (the "Term"). Termination notice must be provided one week before the renewal date.

3. FEES:

The Client agrees to pay the Company a fee according to the selected Subscription (the "Fee") for the services described in Clause 1. The Fee is payable monthly in advance by credit card and is non-refundable. Failure to process payment within five (5) business days after the due date may result in service suspension or additional late fees.

4. USE OF ADDRESS:

The Client agrees not to use the Company’s address for any illegal, unethical, or prohibited purposes, including but not limited to the mailing, receipt, or storage of illegal items, contraband, hazardous materials, or any items restricted by law. The Company reserves the right to inspect any suspicious packages and to immediately terminate this Agreement if it believes the Client is engaging in such activities. The Company may also report any such activities to the appropriate authorities.

5. CONFIDENTIALITY AND PRIVACY:

The Company agrees to keep all Client's business dealings and information confidential and will not disclose them to any third party without the Client's express consent, with exceptions for compliance with law enforcement requests. The Company agrees to comply with all applicable privacy and data protection laws in respect to Client's information. 

6. TERMINATION:

Either party may terminate this Agreement by providing the other party with a written email notice of termination at least one week in advance. 

7. POST-TERMINATION MAIL HANDLING:

For 60 days after the termination date, if mail for the Client is received, the Company reserves the right to charge a one-time fee of $50 CAD. The Company reserves the right to return the mail to the sender or, if this is not an option, to securely shred the mail if it is not picked up or if the pickup fee is not paid.

8. MAIL FORWARDING:

Mail forwarding services will be provided at a cost of $5 CAD plus postage per item, arranged within three business days.

9. THIRD-PARTY TOOLS AND SERVICES:

The Client acknowledges that any third-party tools or services recommended by the Company are to be used at their own risk, and the Company shall not be held liable for any issues arising from the use of such tools or services. The Client acknowledges that the Company may receive compensation or referral commissions from these recommendations.

10. LIABILITY:

The Company's liability under this Agreement is limited to the amount of the Fees paid by the Client during the Term. The Company shall not be liable for any indirect, consequential, or special damages arising from the use of its services.

11. LEGAL SERVICES:

The Client acknowledges that the Company does not provide legal services. It is the Client's responsibility to ensure compliance with all legal obligations, including corporate registration and tax-related matters.

12. GOVERNING LAW:

This Agreement shall be governed by and interpreted in accordance with the laws of the Province of British Columbia and the laws of Canada applicable therein. Any disputes arising out of or in connection with this Agreement shall first be resolved through good-faith negotiation between the parties. If the dispute cannot be resolved amicably, the parties agree to submit to binding arbitration in Richmond, British Columbia.

13. FORCE MAJEURE:

The Company shall not be liable for any failure or delay in performing its obligations under this Agreement due to circumstances beyond its control, including but not limited to natural disasters, or any other event considered a force majeure.

14. AMENDMENT TO TERMS

The Company reserves the right to modify these Terms of Service at any time. Clients will be notified of such changes via email at least thirty (30) days prior to the changes taking effect. Continued use of the services after this notice period constitutes acceptance of the revised terms.