Terms and Conditions

WTI Token Redemption

Effective Date: April 6, 2026

Energy Substantiation Partners, LLC ("Company," "we," "us," or "our")

BY ACCEPTING AND REGISTERING YOUR TOKEN CODE, YOU AGREE TO BE BOUND BY THESE TERMS AND CONDITIONS. IF YOU DO NOT AGREE TO ALL OF THESE TERMS, DO NOT USE THIS SERVICE.

1. Definitions

For purposes of this Agreement:

2. Token Rights and Limitations

The Giveaway Token does not confer any rights to the holder except the right to register the Code and potentially receive one WTI Token, subject to the following:

3. Registration and Redemption Terms

Each redemption Code is valid for a single use only. Key terms include:

4. Recipient Address Accuracy

You are solely responsible for providing an accurate Ethereum address. The Company is not responsible for tokens sent to incorrect addresses. Key requirements:

5. No Refunds or Reversals

All registrations are final. The Company does not offer refunds, reversals, or corrections after a Code has been registered, regardless of circumstances including but not limited to:

6. Securities Law Disclaimers

NO SECURITIES REGISTRATION: THE GIVEAWAY TOKEN AND WTI TOKEN HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR UNDER THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION. NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THIS OFFERING OR PASSED UPON THE ADEQUACY OR ACCURACY OF THIS AGREEMENT.

7. European Union — MiCA Regulatory Compliance

IMPORTANT NOTICE TO EU/EEA RESIDENTS: The WTI Token, if and when minted, may constitute an Asset-Referenced Token (ART) within the meaning of Title III of MiCA, as its value is intended to be referenced to a commodity (crude oil reserves). Under MiCA, the following requirements apply to ARTs and the persons who offer them:

7.1 EU Offering Restriction

The WTI Token is not currently offered, distributed, or made available to persons residing in or established in the European Union or the European Economic Area. No offer to the public of WTI Tokens within the EU/EEA will be made unless and until:

7.2 No Notified White Paper

As of the Effective Date of this Agreement, no crypto-asset white paper has been notified to any competent authority in the EU/EEA or published in accordance with MiCA with respect to WTI Token. No competent authority in any EU Member State has reviewed, approved, or endorsed this Agreement, the Giveaway Token, or the WTI Token. The absence of a notified and published white paper means that WTI Token cannot lawfully be offered to the public or admitted to trading on a trading platform in the EU/EEA.

7.3 Reserve and Custody Requirements

Under MiCA, issuers of ARTs are required to maintain a reserve of assets that backs the value of the tokens at all times, and such reserves must be held by authorized custodians in a manner that is segregated from the issuer's own assets. The Company acknowledges these requirements and represents that, prior to any future offering of WTI Token in the EU/EEA:

7.4 Audit and Disclosure Obligations

Prior to any offering in the EU/EEA, the Company or the authorized issuing entity will:

7.5 EU Resident Representation

By registering a Code, you represent and warrant that you are not a resident of, domiciled in, or otherwise subject to the jurisdiction of any EU or EEA Member State, unless the Company has publicly announced that it has obtained all necessary MiCA authorizations and has published an approved crypto-asset white paper. If you are an EU/EEA resident and register a Code prior to such announcement, your registration may be voided and you will have no claim to receive WTI Tokens.

8. Prohibited Participants

By registering a Code, you represent and warrant that you are not:

9. No Investment Intent

You acknowledge and agree that:

10. Risk Acknowledgment

The WTI Token has not been minted or launched. There is a risk it will never exist and you will never have an opportunity to redeem the Giveaway Token for a WTI Token. By accepting the Token, you expressly acknowledge and assume the following risks:

Technology Risks

Blockchain technology is experimental and subject to:

Regulatory Risks

The regulatory status of digital assets is unsettled and rapidly evolving. Future regulations may:

Economic Risks

You acknowledge that:

Tax Risks

Registration or future redemption of the Giveaway Token may trigger tax obligations in your jurisdiction, including but not limited to income tax, capital gains tax, value-added tax, and reporting requirements. You are solely responsible for all tax compliance.

11. Service Availability

The Company makes no guarantees regarding service availability. We reserve the right to suspend or terminate the registration service at any time without notice.

12. Data Privacy

Your personal data (including Ethereum addresses and any identifying information) will be collected, processed, and stored in accordance with applicable data protection laws including GDPR where applicable. By registering your Code, you consent to such processing and warrant that all data provided is accurate. We collect only the minimum data necessary to process your registration. You have the right to access, correct, and request deletion of your personal data by contacting us at legal@energysubstantiation.com. We will retain your data only as long as necessary to fulfill the purposes outlined in this Agreement or as required by law.

13. Disclaimers

AS IS BASIS: The service is provided "as is" and "as available" without warranties of any kind, express or implied, including but not limited to implied warranties of merchantability, fitness for a particular purpose, and non-infringement.

14. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL COMPANY, ITS AFFILIATES, DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, OR LICENSORS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, REVENUE, DATA, DIGITAL ASSETS, OR TOKENS, ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT, REGARDLESS OF THE THEORY OF LIABILITY.

15. Dispute Resolution

Binding Arbitration

Any dispute arising out of or relating to this Agreement shall be resolved through binding arbitration under the Commercial Arbitration Rules of the American Arbitration Association. The arbitration shall be conducted in Delaware, and judgment on the arbitration award may be entered in any court having jurisdiction.

Class Action Waiver

YOU AGREE THAT ANY CLAIMS MUST BE BROUGHT IN YOUR INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS, COLLECTIVE, OR REPRESENTATIVE PROCEEDING.

Jury Trial Waiver

YOU WAIVE ANY RIGHT TO A JURY TRIAL IN ANY PROCEEDING ARISING OUT OF OR RELATED TO THIS AGREEMENT.

16. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to conflict of law principles. Any legal action not subject to arbitration shall be brought exclusively in the state or federal courts located in Delaware.

17. Indemnification

You agree to indemnify and hold harmless the Company and its affiliates, officers, directors, employees, and agents from any claims, damages, losses, liabilities, and expenses (including reasonable attorneys' fees) arising from your use of the service, violation of these terms, or violation of any rights of another.

18. Modifications

The Company reserves the right to modify these terms at any time. Continued use of the service after modifications constitutes acceptance of the updated terms. Material changes will be communicated via email to registered addresses where feasible.

19. Contact Information

For questions regarding these terms, please contact: legal@energysubstantiation.com

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