Please read these terms and conditions ("terms", "terms and conditions") carefully before using this website (the "service") operated by TYEN CLUB.

CONDITION OF USE

We will provide our services to you, which are subject to the conditions stated below in this document. Every time you visit this website, use its services or make a purchase, you accept the following conditions. This is why we urge you to read them carefully.

LEGAL MATTERS

TYEN is a brand and community powered by The Young Creative Thinkers Initiative. It's fully registered with the Nigeria Cooperate Affairs Commission (CAC) as a Non-governmental Organization (NGO) with the CAC/IT/NO: 127873. And compliant with the Money laundry (Prohibition) Act, 2011 as we are also certified by the Nigeria Special Control Unit Against Money Laundry (SCUML) with RN/SC: 041400360/077940

PRIVACY POLICY

Before you continue using our website, we advise you to read our privacy policy [link to privacy policy] regarding our user data collection. It will help you better understand our practices.

COPYRIGHT

Content published on this website (digital downloads, images, texts, graphics, logos) is the property of TYEN CLUB and / or its content creators and protected by national or international copyright laws. The entire compilation of the content found on this website is the exclusive property of TYEN CLUB, with copyright authorship for this compilation by TYEN CLUB.

COMMUNICATIONS

The entire communication with us is electronic. Every time you send us an e-mail or visit our website, you are going to be communicating with us. You hereby consent to receive communications from us. If you subscribe to the news on our website, you are going to receive regular e-mails from us. We will continue to communicate with you by posting news and notices on our website and by sending you e-mails. You also agree that all notices, disclosures, agreements, and other communications we provide to you electronically meet the legal requirements that such communications be in writing.

APPLICABLE LAW

By visiting this website, you agree that the laws of Nigeria and or applicable international laws, without regard to principles of conflict laws, will govern these terms and conditions, or any dispute of any sort that might come between TYEN CLUB and you, or its business partners and associates.

DISPUTES

Any dispute relating in any way to your visit to this website or to products you purchase from us shall be arbitrated by the federal court of Nigeria, or country of residence only when we consent to the exclusive jurisdiction and venue of such courts.

COMMENTS, REVIEWS, AND E-MAILS

Visitors may post comments as long as it is not obscene, illegal, defamatory, threatening, infringing of intellectual property rights, invasive of privacy, or injurious in any other way to third parties. Content has to be free of software viruses, political campaigns, and commercial solicitation.

We reserve all rights (but not the obligation) to remove and/or edit such content. When you post your content, you grant TYEN CLUB non-exclusive, royalty-free, and irrevocable right to use, reproduce, publish, modify such content throughout the world in any media.

LICENSE AND SITE ACCESS

We grant you a limited license to access and make personal use of this website. You are not allowed to download or modify it. This may be done only with written consent from us.

USER ACCOUNT/MEMBERSHIP

TYEN CLUB is a real-life global Club with an automated finance system integrated for every member of the club. If you are an owner of an account on this website, you are solely responsible for maintaining the confidentiality of your private user details (username and password). However, you are not solely responsible for monitoring your accounts; accounts managers could do so too.

You agree to provide us with all relevant requirements like original government-issued Identity card, residential/home address, and other necessary documents needed for the KYC verification of your account/membership. Upon request, you must provide all required documents, else your account will be limited, and we would not be issuing you the organization's ID CARD. This will remain like this until you provide all required documents, and TYEN CLUB reserves full right either to reopen your account, remove it from limits, or ask you to create a new membership account.

Every member of our club is issued an ID card with a unique ID number and a verifiable barcode with their profile details on the card. Only members who can provide this ID number upon request are entitled to all services provided for the members of TYEN CLUB.

ANNUAL DIVIDEND and OTHER PAYMENTS

As a member of TYEN CLUB, you get paid $500 annually by "The Young Creative Thinkers Initiative." Please note that the $500 is converted with TYCTI dollar conversion rates as they use a "dynamic approach" for all dollar conversions and all payment will be made in your country local currency. (For Example, Nigerians will be paid in Naira directly to their Naira Bank accounts; however, with the dynamic dollar conversion approach, we aim to maintain a minimal TYCTI dollar conversion for Nigerians from 200 naira/dollar and above.)

TYCTI INTEREST-FREE LOAN AGREEMENT

To qualify for our interest-free loan of up to $1,500, you agree that;

  1. You have read all our legal terms, and understood our modes of operation in TYEN and TYCT Initiative.
  2. You have accessed through the loan contract program to make a choice of your preferred contract term to apply for.
  3. Your application is subject to either approval or disapproval after due consideration by the management.
  4. All loan programs start counting from the exact day you subscribed to the program and end at the exact 3month, or 6months depending on the program you are on. You will have to send an email to [email protected] as a reminder by the end of your program or as soon as you meet up your part of the agreement (listing all active referrals of yours in the mail), so we verify all your claims, grant you confirmations, and process your loan immediately.

To download the contract agreement, click here

When you are done filling and signing the Loan Contract terms, you should scan the original copy, and submit your application to [email protected] for review and considerations.

NOTE: The Loan Contract is only open for already members of TYEN CLUB, and/or verified members of TYCT Initiative.

After you've been given your loan, you agree that;

1) You will be letting us know the business you plan to start with the loan. And if you want our business teams to offer free guides and mentoring, then you will have to submit further required business documents even after you've got your loan.

2) You will always send annual reports of your progress in the business you invested in or started with our loan. (It doesn't matter whether there was business growth at the end of the year or not.)

3) The Young Creative Thinkers Initiative should always take 50% of your annual dividends from TYEN CLUB to repay the loan on your behalf. (Those in the 3months contract will have 4years to clear the complete loan, while those in the 6 months contract will have 10years to clear off the loan)

4) We shall only credit you 50% of your dividend only when you have submitted your annual business report. (This means there won't be automatic payments on your account again until all loans are cleared completely.)

5) You will always grant our business investigation team audience when they come for a routine annual check on your business. This will enable us to see how your performing, and if you will be needing more financial support with regards to the progress you've made so far.

LIABILITIES/REFUND POLICY

Before joining TYEN CLUB, you accept to be held liable for all damages you may incur either in the club, outside the club or with the name of the club. TYEN CLUB disclaims all liabilities and claims of fraud which you may or may not have been guilty of while making use of our online financial system, or with our club’s I.D. card.

You also acknowledge that we should hand over all information we have about you anytime without further consent from you to relevant authorities and legal entities for investigation purposes.

For the purpose of transparency and integrity, all payments made in TYEN CLUB shall be regulated by this Refund Policy. PLEASE READ IT CAREFULLY BEFORE DESIRING TO JOIN THE CLUB AS IT DETERMINES YOUR RIGHTS WITH REGARDS TO ALL MONEY YOU PAY IN THE CLUB, INCLUDING ESSENTIAL RESTRICTIONS AND EXCLUSIONS.

By registering on this website, we believe that you have consciously read, understood and agree to all governing constitutions, terms, and conditions, Refund Policy, Privacy policy, SCUML disclosure and disclaimer, and you issue express consent that we should sign you into TYEN CLUB at your own sole discretion.

Note

1) That the modus operandi of TYEN CLUB is completely governed by the provisions of her Constitution and the Constitution frowns at any slight violation.

2) Similarly, we reserve all rights to suspend or terminate accounts, edit or remove content and cancel orders at our sole discretion if we notice any iota of violation of the Constitution of the club, its terms of use, privacy policies, and other relevant national/international laws binding by the club.

3) These TERMS AND CONDITIONS are bound to be updated to include changes we may have made to our terms of use and information practices. You would be notified, by means of an e-mail (sent to the e-mail address inputted in your account) or by a prior notice on our platforms, before it takes effect. We urge you to regularly review this page for the newest information on our privacy practices.

LAST UPDATED: 10th June, 2021