It is with great joy that I extend this confirmation and congratulation message on becoming a Development Channel Conglomerate beneficiary through the Uganda Poverty Alleviation Programme. As you are now aware, our conglomerate of 25 companies are committed to bridging the development divide between poor countries such as those in Africa and developed nations like the UK.
Being an empathy driven and highly innovative group of companies, we are most confident that our combined profits would surpass $ 15 billion dollars per annum, over the next few years. It is from these profits that you as a beneficiary will receive your benefits for lifetime.
It is however important to note the following summarized terms andensure to understand and abide by them;
2.1 The Parties Agree that the business and affairs of the Company shall at all times is carried on in accordance with the objects in the Memorandum and Articles, and this Agreement.
2.2 Each beneficiary shall pursue all reasonable endeavors to procure, as far as is lawfully possible in the exercise of their rights and powers as beneficiary in the Company that the business of the Company is carried on in accordance with the objects in the Memorandum and Articles.
2.3 A beneficiary subject to these terms is a person who has purchased a computer tablet from the company and paid full purchase price.
2.4 If you do not complete payment for the computer tablets, which is the consideration, within the time stipulated, you will completely lose your beneficiary status and we will only ship your computer tablet when you comply accordingly. This will mean that your certificate is automatically null and void.
2.5 On grounds that your beneficiary status was given as a compassionate act since you paid for a product, your benefits cannot exceed $100 a month regardless of the profit of Development Channel Conglomerate of companies.
2.6 You will be communicated and given access to login into our beneficiaries’ platform online when ready giving you the opportunity to learn and receive updates on our activities as well as be informed on ways to contribute further to our general success.
2.7 The beneficiarycertificate given to you as a profit sharing commitment and not securities so you cannot sellit,use it for loans or trade it for anything else of value with a third party.
3.1 GENERAL PROVISION ON BENEFITS
(a) A beneficiary may not transfer, give, convey, sell, pledge, bequeath, donate, assign, encumber or otherwise dispose of any benefits except in accordance with this Agreement only upon the demise of such person shall the benefit be transferred to the next of kin.
3.2 SALE OR REDEMPTION UPON TERMINATION, DISABILITY OR DEATH
3.2.1 Upon, the disability of a Management beneficiary, or death or dissolution of a Management beneficiary, herein the triggering event, such thenext of kinwithin thirty (30) days after the demise of the beneficiary, shall take on the position of the beneficiary.
3.2.2 For the purposes of this Agreement, “Disability” means the inability, due to a physical or mental condition of such person to maintain their relationship with the Company, including without limitation, fulfilling of a beneficiary’s duties in any position as an officer, director, consultant, joint venture, independent contractor or promoter of the Company, or to conduct normal daily activities on behalf of the Company for any twelve (12) consecutive month period.
3.3 TERMS AND CONDITIONS BINDING ON ALL PERSONS INTERESTED IN BENEFITS
No issuance of transfer of benefits shall be effective, and the Company shall not enter any issue or transfer upon the stock books of the Company or issue a certificate in the name of any person unless the Company is satisfied that such person is, and in a manner satisfactory to the Company has acknowledged being bound by this Agreement.
4.1 Benefits shall not be paid until full payment of the purchase price of the computer device.
4.2 Subject to the terms of this Agreement, the Board shall declare and pay benefits subject to:
(a) Current profitability and future capital requirements.
4.3 Without prejudice to the foregoing, the Board shall take into consideration the need for retention of amounts which the Board, having regard to all other sources of funding available to the Company, considers should be retained in order to meet foreseeable commitments and contingencies and to develop the business of the Company in accordance with the then current business plan and the terms of this Agreement.
4.4 The company can decide to pay a beneficiary $5000 in bulk incase of malicious behaviour towards the company.
4.5 A beneficiary shall not receive more than $100 a month
4.6 On making payment of the purchase price of the computer device, one shall be issued a certificate.
4.7 In case you fail to pay full amount of the purchase price, the certificate shall be rendered null and void.
All planning and decisions regarding benefits shall be made by board resolution, chaired by the company chairman and founder.
A beneficiary shall not take part in the management of the companies, or be part of any board composition.
6.1 Each of the beneficiaries agrees that from the date hereof and for so long as the beneficiary holds benefits, they will not engage or be interested whether as Principal, agent, consultant, employee or otherwise in any trade occupation or business in Uganda competing directly or indirectly with the business of the Company without prior written consent of the other beneficiary or as otherwise provided in this Agreement.
6.2 Each of the beneficiaries agrees that they, or any of their affiliates, shall not for a period of two (2) years following its ceasing to be abeneficiary in the Company on the beneficiary’s behalf or on behalf of any third party with whom it the beneficiary may be associated, (whether as partner, director, employee, consultant or beneficiary or otherwise) engage or be interested whether as principal, agent, consultant, employee or otherwise in any trade occupation or business in Uganda competing directly or indirectly with the business of the Company without prior written consent of the other beneficiary.
6.3 Each of the beneficiary agrees that they will not for a period of one (1) year following their ceasing to be a beneficiary in the Company, on the beneficiary’s behalf or on behalf of any third party with whom the beneficiary may be associated (whether as partner, director, employee, consultant or beneficiary or otherwise) solicit or employ any person who was an employee of the Company or a subsidiary of the Company at any time during the twelve months prior to the date of so ceasing.
6.4 Each of the beneficiaries shall keep confidential all information (written or oral) concerning the business and affairs of the Company or any subsidiary or the Company or the other beneficiary that the beneficiary has obtained or receivedas a result of the discussions leading to the entering into or implementation of this Agreement, or the beneficiary’s association with the Company or any subsidiary of the Company, save information which is:
(a) Trivial or obvious;
(b) Obtained lawfully and other than as a result of breach of this Clause from third parties; or
(c) In the public domain other than as a result of a breach of this Clause.
6.5 A beneficiary on ceasing to be a beneficiary of the Company shall hand over to the Company within a period of seven (7) days all correspondence, budgets, schedules, documents, papers and records belonging to or relating to the business of the Company, provided that a beneficiary may keep copies of documents that are required for compliance with a statutory requirement and shall thereafter keep confidential all information, including, without limitation copies of documents and materials relating to the Company or its business and affairs.
7.1 This Agreement shall enter into effect as of the date of the last signature of any Party hereto.
7.2 This Agreement shall remain in force for so long as the beneficiaries, or their successors in title, continue to own benefits of the Company, unless terminated by mutual agreement in accordance with this Clause and in writing by the Company and all persons then owning shares.
7.3 The obligations of each beneficiary under this Agreement shall continue for so long as the beneficiary remains a holder of benefits in the Company; upon ceasing to be a beneficiary in the Company under the provisions of this Agreement, the obligations herein shall cease and determine save for any provision hereof which in relation to the beneficiary is expressly or by implication intended to continue in force after such cessation.
8.1 Any notice required or permitted to be given hereunder shall be in writing and delivered to the address of the company specified in this agreement or sent by registered mail, postage prepaid or facsimile transmission and shall be addressed to the company at the address mentioned below:
(a) If addressed to DEVELOPMENT CHANNEL CONGOLEMERATE COMPANY LIMITED, PLOT 173, Port Bell Road Kitintale, Kampala.
Or such other addresses as the company may from time to time designate by notice in writing to the beneficiary. The notice shall be deemed to be served when first received.
8.2 Notwithstanding anything to the contrary contained or implied anywhere in this Agreement, the Company shall not be expected to or be obliged to recognize as the owner, whether beneficially or otherwise, of any benefits anybody other than the person who is registered as the holder of those benefits.
9.1 Save as otherwise expressly provided under this Agreement, all rights and obligations hereunder are personal to the Parties hereto and may not be assigned at law.
9.2 This Agreement shall be binding upon and inure to the benefit of the Parties hereto and their respective next of kin.
10.1 Neither Party shall be liable for delay in performance of the Party’s responsibilities herein, where any such failure or delay is beyond the Party’s control and which may be caused by an act of God, trade restrictions, blockades, war or consequences of war, fire, flood, natural calamity, riot, civil commotion, epidemic, plague, accident or any other similar extraordinary cause which is beyond the reasonable control of the Parties seeking to rely on this Clause.
10.2 Where the event of force majeure subsists for duration longer than thirty (30) days, the Party seeking to rely on such event of force majeure shall give the other Parties a notice in writing specifying the commencement of such event and the Parties shall mutually agree upon the further course of action.
10.3 If no mutually agreed resolution is reached within sixty (60) days of commencement of the force majeure event, the matter will be referred to arbitration in accordance with the provisions of this Agreement.
11.1 Any dispute, controversy or claim arising out of, or relating to or in the course of performance of this Agreement, or the breach, termination or validity hereof, or as to the interpretation of any Clause or provision of this Agreement, the Parties hereto agree that within 14 days after service by one Party on the others of notice of the dispute, to refer such dispute for resolution by a single arbitrator appointed by the company.
11.2 The company arbitrator appointed pursuant hereto shall be an Advocate who in either case has practiced as such for a period of not less than two yearsafter qualification, or any company member chosen by the company board of directors who shall have worked with the company for a period of two years.
11.3 The arbitration shall be conducted in the English language and the venue of the arbitration shall be Uganda.
11.4 The decision of the company shall be final and binding on all Parties.
The Company is authorized to enter into this understanding and make such terms and conditions of beneficiaries by virtue of the resolution of the Board of Directors.
Charles N Lambert
Founder and Chairman
Development Channel& 25 Companies.
Welcome to developmentchannel.tv website (the "Site"). These terms and conditions ("Terms and Conditions") apply to the Site, and all of its divisions, subsidiaries, and affiliate operated Internet sites which reference these Terms and Conditions. By accessing the Site, you confirm your understanding of the Terms and Conditions. If you do not agree to these Terms and Conditions of use, you shall not use this website. The Site reserves the right, to change, modify, add, or remove portions of these Terms and Conditions of use at any time. Changes will be effective when posted on the Site with no other notice provided. Please check these Terms and Conditions of use regularly for updates. Your continued use of the Site following the posting of changes to these Terms and Conditions of use constitutes your acceptance of those changes.
You are either at least 18 years of age or are accessing the Site under the supervision of a parent or legal guardian. We grant you a non-transferable and revocable license to use the Site, under the Terms and Conditions described, for the purpose of signing up for any of our various programs and offers on the Site. Commercial use or use on behalf of any third party is prohibited, except as explicitly permitted by us in advance. Any breach of these Terms and Conditions shall result in the immediate revocation of the license granted in this paragraph without notice to you. Content provided on this site is solely for informational purposes. Certain services and related features that may be made available on the Site may require registration or subscription. Should you choose to register or subscribe for any such services or related features; you agree to provide accurate and current information about yourself, and to promptly update such information if there are any changes. Every user of the Site is solely responsible for keeping passwords and other account identifiers safe and secure. The account owner is entirely responsible for all activities that occur under such password or account. Furthermore, you must notify us of any unauthorized use of your password or account. The Site shall not be responsible or liable, directly or indirectly, in any way for any loss or damage of any kind incurred as a result of, or in connection with, your failure to comply with this section. During the registration process, you agree to receive promotional emails from the Site. You can subsequently opt out of receiving such promotional e-mails by clicking on the link at the bottom of any promotional email.
Anything that you submit to the Site and/or provide to us, including but not limited to, questions, reviews, comments, and suggestions (collectively, "Submissions") will become our sole and exclusive property and shall not be returned to you. In addition to the rights applicable to any Submission, when you post comments or reviews to the Site, you also grant us the right to use the name that you submit, in connection with such review, comment, or other content. You shall not use a false e-mail address, pretend to be someone other than yourself or otherwise mislead us or third-parties as to the origin of any Submissions. We may, but shall not be obligated to, remove or edit any Submissions.
Please note that there are cases when an order cannot be processed for various reasons. The Site reserves the right to refuse or cancel any order for any reason at any given time. You may be asked to provide additional verifications or information, including but not limited to phone number and address before we accept the order. In order to avoid any fraud with credit or debit cards, we reserve the right to obtain validation of your payment details before providing you with the product and to verify the personal information you shared with us. This verification can take the shape of an identity, place of residence or banking information check. The absence of an answer following such a demand will automatically cause the cancellation of the order within 5 days. We reserve the right to proceed to direct cancellation of an order for which we suspect a risk of fraudulent use of credit or debit card. We are determined to provide the most accurate pricing information on the Site to our users; however, errors may still occur, such as cases when the cost of an offer is not displayed correctly on the website. As such, we reserve the right to refuse or cancel any order. In the event that an item is mispriced, we may, at our own discretion, either contact you for instructions or cancel your order and notify you of such cancellation. We shall have the right to refuse or cancel any such orders whether or not the order has been confirmed and your credit card charged.
Thanks for purchasing at www.developmentchannel.tv. If you are not entirely satisfied with your purchase, we're here to help.
You have 7 calendar days to return an item from the date you received it.To be eligible for a return, your item must be unused and in the same condition that you received it. Your item must be in the original packaging. Your item needs to have the receipt or proof of purchase. You can do so either online via firstname.lastname@example.org, live chat or by calling our Customer Service on +44 2074382064.
Once we receive your item, we will inspect it and notify you that we have received your returned Item. We will immediately notify you on the status of your refund after inspecting the item. If your return is approved, we will initiate a refund to your credit card (or original method of payment).You will receive the credit within 5-7 working days, depending on your card issuer's policies.Note in case of refund all other benefits accorded you as a result of the product purchase shall also be canceled. If you signed up for our payment plan and decide to cancel/discontinue, you have to notify us via email@example.com, live chat or by calling our Customer Service on +44 2074382064 and we shall refund you the amount paid within 5-7 working days.
You will be responsible for paying for your own shipping costs for returning your item. Shipping costs are nonrefundable.If you receive a refund, the cost of return shipping will be deducted from your refund.
All intellectual property rights, whether registered or unregistered, in the Site, information content on the Site and all the website design, including, but not limited to text, graphics, software, photos, video, music, sound, and their selection and arrangement, and all software compilations, underlying source code, and software shall remain our property. The entire contents of the Site also are protected by copyright as a collective work under England and Wales copyright laws and international conventions. All rights are reserved.
Any disputes, controversies, or differences arising out of the implementation, interpretation, performance of these Terms and Conditions, shall be finally settled by arbitration by a single arbitrator to be appointed in accordance with the rules of Chartered Institute of Arbitrators. The arbitrator shall be a person who is legally trained and who has experience in the information technology field and is independent of either party. The venue of the arbitration shall be London. The language used in the arbitration proceedings shall be English. The award of the arbitrator shall be final and binding and may be entered in any court of competent jurisdiction. Notwithstanding the foregoing, the Site reserves the right to pursue the protection of intellectual property rights and confidential information through injunctive or other equitable relief through competent courts.
These Terms and Conditions shall be interpreted and governed by the laws in force in England and Wales. Each party hereby agrees to submit to the jurisdiction of the England and Wales courts and to waive any objections based upon venue.developmentchannel.tv is operated by Development Channel Ltd a company registered company registered in England and Wales.
In addition to any other legal or equitable remedies, we may, without prior notice to you, immediately terminate the Terms and Conditions or revoke any or all of your rights granted under the Terms and Conditions. Upon any termination of this Agreement, you shall immediately cease all access to and use of the Site and we shall, in addition to any other legal or equitable remedies, immediately revoke all password(s) and account identification issued to you and deny your access to and use of this Site in whole or in part. Any termination of this Agreement shall not affect the respective rights and obligations (including without limitation, payment obligations) of the parties arising before the date of termination. You furthermore agree that the Site shall not be liable to you or to any other person as a result of any such suspension or termination. If you are dissatisfied with the Site or with any terms, conditions, rules, policies, guidelines, or practices of Development Channel LTD in operating the Site, your sole, and exclusive remedy is to discontinue using the Site.