CAT Founders Club

This appendix forms an integral part of the Terms of Use and Privacy Policy of the CAT app (hereinafter: the "App"), operated and managed by LDB Local Developing Britain GmbH, and/or any parent company, subsidiary, affiliate, successor company, or assignee that currently or in the future holds ownership or rights in the App (hereinafter: the "Company").

1. Modification, Cancellation, and Allocation of the Benefit

• The Company may, at its sole discretion and at any time, modify, reduce, suspend, interrupt, or cancel the benefit in whole or in part, including halting the promotion or closing enrollment in the Founders Club at any time and for any number of registrants determined by the Company, or canceling the promotion for any reason whatsoever.

• Joining the Founders Club is not subject to a maximum user limit. However, the Company may, at its sole discretion and at any time, terminate, halt, or close enrollment in the Founders Club, in whole or in part, without any obligation to provide users with prior notice, advance notice, or any warning whatsoever before implementing such termination.

• A club member approved in accordance with the terms of this appendix shall be entitled to participate in the benefit mechanism until January 1, 2027 (hereinafter: the "Termination Date"), subject to the terms of the regulations and applicable law. The Company may extend the Termination Date. Any extension of the period shall not be deemed an infringement of club members' rights. The Company shall not present the Termination Date or the benefit in a manner that creates a representation of a time-unlimited right.

• In the event that the Company decides to grant users a benefit in the form of a dividend distribution or any other consideration, mere eligibility for the benefit does not grant the user the right to determine the distribution date, scope of distribution, distribution amount, or the number of distributions. Any decision regarding whether to execute a distribution, its timing, scope, amount, and frequency shall be at the sole discretion of the Company and in accordance with applicable law.

• The Company may decide that the benefit will be distributed in a single distribution or in multiple distributions, and may determine the amount or scope allocated to each distribution, should a decision regarding such distribution be made.

• Users shall have no claim, demand, or lawsuit against the Company due to any modification, reduction, cessation, suspension, or cancellation of the benefit, nor shall they acquire any right to compensation, consideration, or an alternative benefit as a result thereof, subject to any mandatory rights under applicable law.

• It is hereby clarified that the mere downloading of the App, registration, or use thereof does not grant the user any right or entitlement from the Company to receive the benefit, all subject to the benefit terms, Company decisions, and applicable law.

Definitions

• "Founders Club Member": A user who downloaded the App, actually used it, and met all activity, rating, or threshold usage conditions as determined, updated, or modified by the Company from time to time at its sole discretion, provided that the Company's computerized systems determined that the user is among those who completed these criteria prior to the cessation of enrollment by the Company.

• "Distributable Profit": Net profits actually generated from the App's operations and transferred to the Company, which are available for distribution from an accounting and tax perspective, after deduction of all applicable taxes and levies, operational, development, and marketing expenses, required reserves, debts, and company liabilities, and in accordance with the laws and tax laws applicable to the Company.

2. Founders Club Joining Conditions and Rating Definition

• Eligibility to join the "Founders Club" is contingent upon downloading the App, sharing it with another user who downloads and actively uses it, and complying with the Terms of Use.

• The Company reserves the full and exclusive right to determine, update, modify, or cancel from time to time criteria, usage metrics, or quality/rating tiers (hereinafter: "Threshold Conditions") for the purpose of defining a user as a Founders Club member.

• For the avoidance of doubt, the Company does not undertake to enforce any rating obligation, and may determine that compliance with Founders Club conditions shall be based solely on downloading and usage, or on any other metric at its sole discretion. The determination of the Company's computerized system regarding the identity of eligible users and their scope shall be final, absolute, and unappealable.

3. Eligibility for Profit Distribution and Benefits

• Distribution Rate: The Company undertakes that upon a decision by the Company's management and/or authorized organs to distribute profits or dividends to the Company's shareholders from the App's profits, the Company shall allocate an amount equal to 10% (ten percent) of the "Distributable Profit" designated for distribution at that time, for distribution among eligible "Founders Club" members.

• Allocation Method: The amount allocated to the Founders Club shall be distributed equally (share and share alike) among all registered and verified users in the Founders Club as of the record date for distribution.

• The Company does not guarantee that a club member will receive a specific, minimum, or fixed monetary amount.

• Substantive Clarification Regarding the 10%: For the avoidance of doubt, the 10% benefit does not constitute: 10% of sales turnover; 10% of revenues; 10% of the Company's value; 10% of the App's value; 10% of the Company's shares; 10% of the Company's total accounting profits; or a promise of any specific income or return. The 10% represents the klub allocation rate out of the relevant distribution amount, in accordance with the definition of "Distributable Profit," the distribution decision, and the terms of this document.

4. Limitations, Legal Protections, and Discretion

• Business Judgment and Corporate Law: The distribution of profits or benefits is strictly subject to the laws applicable to the Company, profit and solvency tests, and the sole business and discretionary judgment of the Company and its Board of Directors. Nothing in this document constitutes a commitment to distribute profits at a specific time or frequency, and the decision whether, when, and to what extent to distribute profits rests solely with the Company.

• Data Quality and Disqualification of Eligibility: The Company reserves the right to immediately cancel Founders Club membership or revoke eligibility for benefits/profits from any user who engaged in fraud, manipulation, hacking, bot usage, creation of fictitious accounts, or any other misuse of the App.

• Legal Status of Users: Joining the Founders Club grants a defined and conditional contractual right only to receive benefits or a proportional share of profits should a distribution be decided, and does not grant the user the status of a shareholder, partner, voting rights, management rights, or any other corporate right in the Company.

5. Redemption, Verification, and Expiration Protocol (The 30-Day Rule)

• Should the Company decide to execute a profit distribution or grant a financial benefit, the Company shall send a notification to the eligible user via the contact details updated in their App account (such as a Push notification, email, or in-app message).

• It is the user's responsibility to respond to the Company's notification, complete full identity verification (KYC), and provide correct and verified contact details and bank account information for fund transfer, within 30 (thirty) calendar days from the date the notification was sent by the Company.

• Expiration of Eligibility: If a user fails to claim their share, complete the verification process, or provide valid bank account details within the aforementioned 30-day period, the Company may cancel their eligibility for that specific distribution entirely and finally, and the user hereby irrevocably waives any claim, demand, or lawsuit against the Company regarding such expiration of eligibility.

6. Taxation and Withholding Tax

Any payment, benefit, or profit distribution to club members shall be subject to the tax, reporting, and withholding tax laws applicable in Germany, Israel, or any other relevant jurisdiction. The Company may deduct tax at source as required by law from any amount owed to the user, or condition the execution of payment upon the presentation of appropriate tax certificates as required.

7. Governing Law and Jurisdiction

• This appendix, the Founders Club terms, and any dispute, claim, or demand arising from or related to them shall be governed exclusively by the laws of the Federal Republic of Germany, excluding its conflict of laws rules.

• The exclusive and sole jurisdiction to hear any dispute or legal matter related to this appendix, the App, or the profit distribution shall rest solely with the competent courts in Germany.

8. Transfer of Ownership, Exemption from Reporting Obligation, and Absence of Commitment to Founders

• Absolute Absence of Commitment: The Company shall have no obligation of any kind whatsoever toward "Founders Club" members or any other user, including any duty to update, notify, or warn in advance or retroactively regarding the halting of the program, termination of the promotion, material changes thereto, closure of the App, or any other event related to its operation.

• Transfer of Ownership and Exemption from Notice Requirement: The Company reserves the full right, at its sole discretion, to sell, transfer, assign, restructure, or license the App, its operations, intellectual property, and the rights and obligations under this appendix to any corporation, other company, or third party at any time.

• The Company bears no obligation of reporting, prior notice, or subsequent notice to users regarding any such change, cessation of activity, assignment, or transfer of ownership. All terms, limitations, and protections detailed in this appendix shall automatically apply for the benefit of the successor/new corporation, without requiring approval or consent from the users.

For customer service, you can contact us via email at: cat.service.app@gmail.com