Conditions for the New Horizon GmbH Rewards Programme

Version 3.2; Date: November, 1 2023.

1. Scope and general

These terms and conditions (“Terms”) apply to the Rewards Program (“Rewards Program”) of New Horizon GmbH (“New Horizon”) and govern under which conditions registered Users receive a reward. In the event of any inconsistency between the GTC and these Terms, the provisions of these Terms shall prevail.

2. Definition

The definitions used here have the same meaning as the definitions in the General Terms and Conditions, unless otherwise specified in these Terms.

3. Participation requirements

Eligible to participate are exclusive Users,

The legal representatives and employees of New Horizon as well as all persons involved in the implementation of the Rewards Program and the family members of the aforementioned are excluded from participation.

Users who meet the eligibility requirements (“Participants”) participate in the Rewards Program by requesting a personal link (“Referral Link”) from New Horizon and, upon receipt, sending this Referral Link to persons who are not already Users (“Friends”).

If Friends registered on the Platform for the first time (“Bonus Requirements”) using with the help of the received Referral Link and purchase Fractions sold by the Platform, the Participant and the registered Friends will receive the bonus described in Section 4 of this Terms in accordance with the requirements described in Section 4.

4. Bonus

The Participant receives a credit in the amount of 20.00 Euro per registered Friend. The credit is not paid out and can only be used for the purchase of “drop shares”. The Participant will receive the credit at the end of the Withdrawal Period, which begins on the date of the first purchase of a drop share by the Recipient. The Participant will be notified of the receipt of the credit via the app. A maximum of 20 registered Friends can be referred per participant. 

The use of the credit is limited to four calendar weeks after receipt (“usage period”). After expiry of the usage period, the respective credit cannot be used.The taxation of the credit is the responsibility of the Participants and Friends.

5. Exclusion

New Horizon reserves the right to exclude Users from the Rewards Program who violate these Terms, the Terms and Conditions or applicable law, attempt to influence the Rewards Program through technical or other manipulation or violate the rights of third parties.

In the event of exclusion from the Rewards Program, the Bonus or credits granted may be subsequently revoked and reclaimed.

6. Liability

New Horizon’s liability is governed by the GTC.

7. Final provisions

The law of the Federal Republic of Germany shall apply to the exclusion of the UN Convention on Contracts for the International Sale of Goods and the conflict of laws. If a User is a consumer and their habitual residence is in a member state of the European Union, German law shall also apply, whereby mandatory provisions of the state in which the User has his or her habitual residence shall remain unaffected. Consumers may invoke more favourable provisions of their home law at any time.

In the event that one or more present or future provisions of these Terms should be or become invalid or unenforceable in whole or in part, the validity and enforceability of the remaining provisions shall not be affected thereby. The invalid, illegal, unenforceable and/or unenforceable provision shall be deemed to be replaced by such valid, legal and enforceable provision as is consistent as far as possible with the spirit and economic purpose of the Conditions and the original intention of the parties.