VASTOVERS BUSINESS TERMS AND CONDITIONS
VASTOVERS BUSINESS TERMS AND CONDITIONS
COOKIES POLICY AND PRIVACY NOTICE
We use cookies to enhance your browsing experience on our site. By clicking “Accept,” you acknowledge the privacy practices described in our Privacy & Cookies Notice and agree to our site Terms and Conditions of Use. You can change your cookie settings anytime by clicking “Manage Cookies.”
COOKIES NOTICE
1. Our organization and partners may need to collect information regarding your computer for our services.
2. The data gathered will not identify you personally. It strictly aggregates statistical data about our visitors and how they use our resources on the site. No identifying Personal Data will be shared at any time via a cookie.
3. When used, cookies are automatically placed in your hard drive, where information transferred to your computer can be found. These cookies help us correct and improve our site’s services.
4. You may elect to decline all cookies via your computer or set up alerts to prompt you when websites set or access cookies. Every computer can decline file downloads like cookies. Your browser has an option to enable the decline of cookies. If you decline cookie downloads, you may be limited to certain areas of our site, as some require cookies.
5. Any of our advertisers may also have a use for cookies. We are not responsible, nor do we have control over the cookies downloaded from advertisements. They are downloaded only if you click on the ad.
PRIVACY NOTICE
Last updated: 20th of September 2024.
We understand that your trust is our most important asset. As such, your privacy is essential for us, the Vastovers Holdings Ltd or its subsidiaries (hereinafter referred to as “Vastovers”, “we” or “us”). This privacy notice (hereinafter referred to as “Privacy Notice”) is applicable, inter alia, to (i) our website https://www.vastoversholdings.com, including the website of all its subsidiaries and its related web links and mobile apps (hereinafter referred to as the “Website and Mobile Apps”) and all relations between Vastovers and its Partners.
Please read this Privacy Notice together with (i) the Vastovers Cookie (ii) Vastovers Privacy Notice (iii) Vastovers Disclaimer Note (iv) the Vastovers terms and conditions for Partners, in which the terms as used in this Privacy Notice are carefully defined, and (v) the Vastovers terms and conditions for sales
This Website is operated by Vastovers Holdings, a Company incorporated under the Companies and Allied Matters Act, 2020, with its headquarters domiciled in Federal, Capital Territory, Abuja, Nigeria. The Operator and its affiliates recognize their responsibility to protect the data on its cloud database and your privacy.
At all times, our Data Protection Policy complies with all data protection requirements provided by the Nigerian Data Protection Act, 2023 (NDPA) regarding the protection of natural persons in relation to the processing of personal data.
This Privacy Notice includes information about the personal data collected by Vastovers, as well as the manner in which Vastovers uses and processes this personal data.
When spoken about “you”, ‘’your identification’’, etc., this includes (i) you as Vastovers Partner, (ii) when a personal identification is given for and on behalf of a third party/ies intended for relations with Vastovers, and whereby this Privacy Notice is applicable to both you and the third party/ies.
Visiting the Website and Mobile App, creating a Vastovers membership account, registering for an Event, filling out a quiz form, scanning of your badge at an Event, completing a booking form and exchanging business cards implies your express approval (through disclosure of your personal information or opt-in) of the Privacy Notice and consequently how we collect, use and process your personal data.
We shall do our best to prevent unauthorized personal data exchange and manipulation. This notice applies to personal data we collect through this website, other registrations, other websites, mobile applications, online portals, electronic forms, surveys, interactive exhibits, and any other channel or mobile feature we operate (collectively, “our sites”). This notice may be updated to reflect our practices and applicable law changes.
Links to third-party sites. This website may include links to third-party websites, plug-ins, and applications. Clicking or enabling those links may allow third parties to collect or share your data. This notice does not apply to third-party sites that may link to or be accessible from our sites. We are not responsible for the content, features, functionality, or privacy practices of other linked sites or services. We do not control these third-party websites and are not responsible for their privacy statements. When you leave our website, we encourage you to read the privacy policy of every website you visit. I declare the above information is accurate and correct and that I am the person, parent, or guardian of the person whose name appears above.
I have read and consented to the Privacy & Cookies Notice and agree to collect, use, transfer, and process my data for the specified purposes. In particular, I consent to the sharing and cross-border transfer of my data by the Privacy & Cookies Notice for the purposes specified above.
GLOSSARY
Affiliated Third Parties include companies with which we have joint ownership, management, or other contractual strategic support or partnership relationships with our advisers, consultants, bankers, vendors, or sub-contractors.
• Data is information stored electronically, on a computer, or in specific paper-based filing systems.
• The Data Controller is responsible for determining how Personal Data is processed.
• NDPA means the Nigerian Data Protection Act
• Personal Data is information about an identified or identifiable natural person. These include a name, gender, photo, email address, bank details, medical information, computer internet protocol address, and any other information specific to the physical, physiological, genetic, mental, economic, cultural, or social identity of that natural person.
•Processing is any activity that involves the use of Personal Data. It includes obtaining, recording, or holding the data or carrying out any operation or set of operations on the data, including organizing, amending, recording, retrieving, using, disclosing, erasing, or destroying it. Processing also includes transferring personal data to third parties.
• Sensitive Personal Data includes information about a person’s racial origin, political opinions, religious or similar beliefs, trade union membership, physical or mental health or condition or sexual life.
This Privacy Policy provides information about how we process personal information through the website. Upon reading this Privacy Policy, you will be informed regarding the following:
1. The data we collect
2. Use and Disclosure of Data
3. Storage and Protection of Data
4. Data Rights
5. Subject Access Request Response Procedure
DATA COLLECTION
• Data you provide about yourself or others.
We collect your data when you voluntarily provide it to us. For example, you may give us your email address, country of residence, and areas of interest if you choose to receive newsletters, updates, or other information from us; your contact information and any other personal data you choose to include if you send a mail, text, or instant message to us, or contact us through our sites; and any personal data contained in, or included with, any proposal documents, feedback, comments, photos, videos, or other information you submit via online portals, forms, surveys, or interactive portions of our sites. It is always your choice whether to provide this personal data. However, some personal data must be provided to participate in certain programs, activities, or events (such as signing up for a newsletter, applying for a job, getting a grant, or registering to participate in one of our events) so the decision not to provide information might limit or eliminate such functions of our sites or your ability to participate in such programs, activities, or events. Please do not disclose more personal data than is requested, and do not provide personal data about others unless authorized or required by contract or applicable law. You may provide personal data on behalf of another person if you have provided them with a copy of this notice and any applicable supplemental privacy notice and obtained their explicit consent. We may ask you to provide evidence of that notice and consent.
Data that may be requested include:
• First name, last name, username or similar identifier, title, date of birth, and gender.
• Residential address, email address, and telephone numbers.
• Information on your employment history and professional and educational information was submitted upon applying for employment with us.
• Your preferences in receiving marketing communications from us and our Affiliated Third Parties and your communication preferences.
• Data from third parties and other sources: We may receive personal data about you from other sources, including your company/organization, professional references, publicly available sources, third-party analytics providers, and other third parties. For example, we may receive your data if someone at your company/organization designates you as a contact person for that company/organization or includes information about you in proposal documents; another visitor includes it in any feedback, comments, photos, videos, or other information submitted via online portals, electronic forms, surveys, or interactive portions of our sites; or one of our employees or service providers provides or a third party acting on apparent authority provides it to us when registering you to access our facilities or our sites, apply for a job, or participate in one of our events.
• Any data resulting from analysis by AI (Artificial Intelligence) technology of live video stream, screen captures, recorded events and video recordings taken before, during and after your registration as a Vastovers Partner, such as but not limited to your response patterns, body language, facial features, interactions with software (mouse, keyboard, data, traffic etc.) computer details, internet traffic, and presence.
• Payment Processors: If you make a donation or any purchase via the sites, the transaction may be handled by our service providers or third parties responsible for processing your transaction (“Payment Processors”). Please be aware that Payment Processors have their privacy policies, and those terms will apply to you regarding how that Payment Processor handles your data. Depending on your donation or purchase, it may be made via the sites, or you may be redirected to a third-party site for payment. Suppose your donation or purchase is made via the sites where the payment processor processes your transaction, we may require payment, credit card, or other credit-related information in that case. If you are redirected to a third-party site for your donation or purchase, please review any linked policies provided during payment processing, as they will apply to you.
• Interest-based advertising: We may use third-party service providers to serve our advertisements online. These companies may use tracking technologies to collect information about your visits to our sites and other websites and your interaction with our advertising and other communications. Some advertisements may be personalized, meaning they are intended to be relevant to you based on information collected about your visits to our sites and elsewhere over time. Other companies may also use such technology to advertise on our sites.
• Data we collect automatically, including cookies, pixels, and similar technologies. We may collect some personal data automatically. For example, we may collect technical, profile, and usage data when you visit our sites. Technical Data includes internet protocol (IP) address, domain name, login data, Internet service provider (“ISP”) information, browser type and version, time zone setting and location, browser plug-in types, languages and versions, operating system and platform, and other technology on the devices you use to access this website. Profile Data includes your username and password, purchases or orders made by you, your interests, preferences, feedback, and survey responses. Usage Data includes information about how you use our website and services. We also may use cookies, pixels, and similar technologies to collect data about your interaction with our sites, including, for example, referring web pages, pages visited on our sites, and crash data. In addition, we may link the information we collect automatically or the information from any cookie or pixel with the information you provide in other contexts on our sites (newsletters, etc.) to personalize, connect, and streamline your experience when visiting our sites. For example, this may include connecting your use of our site from your desktop, mobile, or other device.
Please see Cookies & Similar Technologies for more information, including managing cookies, pixels, and similar technologies. You provide this information through direct interaction when you visit our website, sign up for our newsletters or publications, request marketing materials to be sent to you, respond to surveys, complete our feedback or comment form, provide your business card to any of our staff, sign our visitor management form, complete other forms, apply for employment through our careers page, or contact us to request for any information or other correspondence by post, email, our website or otherwise. We do not intentionally or knowingly collect any Sensitive Personal Data. We ask that you do not send to us or disclose such sensitive personal data saved where required for a specific purpose.
MINORS
Our sites are not intended for minors (individuals under 13 or equivalent minimum age, depending on jurisdiction), and we do not knowingly collect personal data from minors. Please contact us for any personal data we collected from a minor. If we learn that we have collected personal data from a minor, we will take steps to delete the data without notice as soon as possible.
USE AND DISCLOSURE OF DATA
Purpose
We may use your personal data to:
• Send you information that you have expressly chosen to receive;
• Process or manage your appointments with any of our staff;
• Keep you updated on our activities, programs and events where your explicit consent has been given;
• Monitor, review, evaluate and improve your experience when you visit our website;
• Invite you to complete a survey or provide feedback to us on specific matters;
• Review and respond to proposal documents, feedback, comments, photos, videos, or other information you submit via online portals, electronic forms, surveys, or interactive portions of our sites [for our legitimate interests and/or to perform a contract with you];
• Notify you of changes to our websites or relevant processes;
• Administer and inform our program strategies and charitable activities [for our legitimate interests];
• Analyse the traffic on our website, including determining the number of visitors to the website and analyse how they navigate the website;
• Administer, safeguard, and improve our sites, systems, facilities, events, and other business operations [for our legitimate interests]; protect our rights and the safety of others [for our legitimate interests]; contribute to our archive of information in the public interest [for our legitimate interests]; and/or comply with applicable law, court order, subpoena, or legal process served on us [to comply with legal obligations];
• We may share your personal data with affiliated third parties such as service providers who we have engaged to assist with providing certain services on our behalf, for which they require your personal data;
• We may also use your information or allow affiliated third parties such as our affiliate companies or partners use of this personal data, to offer you information about unrelated products or services you may be interested in. Such affiliated third parties or we can only communicate with you if you have expressly consented to such communication and data use.
• Where we have any contracts with you that create a commitment, we may require contact or use of your information to perform the contract;
• Comply with legal/ regulatory obligations or to report any criminal or unethical activity;
• Store either on our central computer system or a third-party computer’s central computer system for archiving and back up purposes;
Change of Purpose
We will only use your Data for the purposes above unless we reasonably consider that we need to use it for another reason and that reason is compatible with the original purpose. If we need to use your Data for an unrelated purpose, we will notify you and request your express consent. If you wish to explain how the processing for the new purpose is compatible with the original purpose, please contact us.
Additional purposes
Additional purposes for using your personal data may be described in a supplemental privacy notice. Persons who have access to your Personal Data
• Data shared with employees, agents, affiliates, service providers, and partners
We may share your personal data with our employees, agents, and affiliates who have a business need to know, our services providers (including contingent workers, consultants, contractors, vendors, and out-sourced service providers) to process it for us based on our instructions and for no other purpose, and with partners that are collaborating with us to fund projects or host events. We do not share your personal data with any third party (including our service providers) for marketing purposes unless you have provided consent for us to do so. If you believe personal data you provided to us is being misused by a third party, please contact us right away. We will transfer your Personal Data to only those Affiliated Third Parties who we are sure can offer the required level of protection to your privacy and information and who are also contractually obligated to us to do so. We do not and will not at any point in time sell your Personal Data. We require all Affiliated Third Parties to respect the security of your personal data and to treat it in accordance with the law. We do not allow our professional service providers to use your Personal Data for their own purposes and only permit them to process your Personal Data for specified purposes and in accordance with our instructions.
• Other visitors to our sites If you submit feedback, comments, photos, videos, or other information to interactive portions of our sites, such submission may be made publicly available to anyone who visits those areas of our sites. Other visitors may access, re-post, or use such submission. Even if you remove or delete your submission, copies may remain in cached or archived areas of our sites or retained by other visitors. Please use your discretion when submitting personal data in these contexts.
Registrations And Membership In Social Groups and Third Party Sites
As a member of Vastovers Partners, you may be introduced to various social groups, including but not limited to WhatsApp, Instagram, X, Facebook, LinkedIn, and others, to facilitate achieving our collective goals and objectives. By joining Vastovers Partners, you acknowledge that you may be automatically added to these social groups without prior consent. However, you retain the right to continue your membership or opt-out if you feel uncomfortable remaining in any particular group. Your comfort and preferences in this regard are vital to us.
STORAGE AND PROTECTION OF DATA
Information submitted by you is stored on secure servers we have which are encrypted and access is restricted to only authorized persons in charge of maintaining the servers. We have put in place physical, electronic and procedural processes that safeguard and protect your information against unauthorized access, modification or erasure.
• Storage and transfers
The personal data we collect may be transferred to and processed in another country other than your country of residence for the purposes stated above. The data protection laws in those countries may be different from, and less stringent than the laws applicable in your country of residence. Your personal data may be stored in your region or in any other country where we or our service providers have facilities. We may also allow employees and service providers located around the world to access personal data as provided in this notice. Our staff also have an obligation to maintain the confidentiality of any Personal Data held by us. If your personal data is subject to GDPR, UK GDPR, or POPIA, we will ensure your legal rights and protections travel with any such “transfer” of your personal data as required by applicable law. We will also comply with similar applicable laws regarding the storage and transfer of personal data in other jurisdictions where your personal data may be collected or provided. By accepting this Policy or by providing your Personal Data to us, you expressly consent to such transfer and Processing. However, we will take all reasonable steps to ensure that your data is treated securely and transfer of your Personal Data will only be done in accordance with the requirements of applicable laws and to parties who have put in place adequate controls to secure and protect your Personal Data.
• Storage period
Unless a longer storage period is required or justified (i) by law or (ii) through compliance with another legal obligation, Vastovers will store your personal data until it is no longer needed to fulfill the purpose(s) for which it was collected or as otherwise required or permitted by law. After such time, we will either delete or anonymize your personal data or, if this is not possible, we will securely store your personal data and isolate it from any further use until deletion is possible.
Software and/or computer interactions, screen captures, recorded events and video recordings taken and/or recorded before, during and after a Vastovers event (whether physical or virtual), as well as any detected suspicious behavior and/or patterns in particular, will be stored for a minimum of sixty (60) days. After sixty (60) days, video recordings may be deleted or stored by Vastovers and/or the third party or affiliate organization for a maximum period of two (2) years.
We may dispose of any data in our discretion without notice, subject to applicable law. We may retain your Personal Data for a longer period in the event of a complaint or if we reasonably believe there is a prospect of litigation in respect to our relationship with you. To determine the appropriate retention period for personal data, we consider the amount, nature and sensitivity of the Personal Data, the potential risk of harm from unauthorized use or disclosure of your Personal Data, the purposes for which we process your Personal Data and whether we can achieve those purposes through other means, and the applicable legal, regulatory, tax, accounting or other requirements. Where your Personal Data is contained within a document, the retention period applicable to such type of document in our document retention policy shall apply. Please contact us if you would like more details regarding our retention periods for different categories of personal data.
• Protection Transmission of data on the internet is never guaranteed regarding safety. It is impossible to completely guarantee your safety with electronic data and transmission. You are therefore at your own risk if you elect to transmit any data electronically. However, we maintain appropriate technical and organizational measures, including performing regular self-assessments and data privacy impact assessment, to prevent unauthorized disclosure of, or access to personal data. We limit access to personal data and require that employees authorized to access personal data maintain the confidentiality of that data. We hold our service providers to at least the same data privacy and security standards to which we hold ourselves. Our standard information security requirements for service providers are available here. In the unlikely event that we experience any breach to your personal data, such breach shall be handled in accordance with our Personal Data Breach Management Procedures. All such breaches shall be notified to the relevant Nigeria Data Protection Commission within 72 hours of occurrence and based on the severity and potential risks, shall notify you of such occurrence, steps taken and remedies employed to prevent a reoccurrence.
Other Websites
The Vastovers Website and Mobile App may contain links to other websites or Mobile Apps. In no event, Vastovers is responsible for the privacy policies or practices of any third party.
Update Privacy Declaration
Vastovers may update this Privacy Notice by posting a new version on the Website and Mobile Apps, and all such update is binding on you. As such, it is strongly recommended to regularly consult the Website and Mobile Apps and more specifically the page explaining the Privacy Notice, to make sure that you are aware of any changes.
DATA RIGHTS
Data Protection Laws provides you with certain rights in relation to the information that we collect about you:
a. The right to withdraw consent previously given to us or our Affiliated Third Parties. In order to make use of your personal data, we would have obtained your consent. For consent to be valid, it must be given voluntarily. In line with regulatory requirements, consent cannot be implied, and we ensure that you have the opportunity to read our data protection privacy policy before you provide your consent. Consent in respect of Sensitive Personal Data must be explicit and will be given by you in writing to us. The consent of minors (under the age of 18) will always be protected and obtained from the minor’s representatives in accordance with applicable regulatory requirements. You can ask us or Affiliated Third Parties to stop sending you marketing messages at any time by logging onto the website and checking or unchecking relevant boxes to adjust your marketing preferences or by following the opt-out links on any marketing message sent to you.
b. The right to request that we delete your Personal Data that is in our possession is subject to retention requirements for legal purposes and the time required technically to delete such information.
c. The right to request for access to your Personal Data or object to us processing the same. Where personal data is held electronically in a structured form, such you have a right to receive that data in a common electronic format.
d. The right to update your Personal Data that is kept with us. You may do this at any time your personal data changes and you wish to update us.
e. The right to receive your Personal Data and have it transferred to another Data Controller, as applicable.
f. The right to lodge a complaint. You may exercise any of the above stated rights following our Data Subject Access Request Procedure.
• How you can access and control your data; your rights To the extent provided by applicable laws, you may have the right to obtain confirmation that we hold personal data about you; to access, correct, or delete your personal data; to withdraw any consent you previously provided to us; to object to or restrict our processing of your personal data in any other context; to deactivate, block, anonymize, or delete personal data as appropriate; or to request and receive a copy of the personal data you have provided us and to transmit this data to a third party. To exercise any of these rights that you are not able to do directly, please contact us. You may also have the right to lodge a complaint with the applicable data protection authority. If you reside in South Africa, you have the right to submit a complaint to the Information Regulator here:
• Law enforcement: We may share your personal data with law enforcement, other government agencies or authorities, or third parties as required by applicable law, court order, subpoena, or legal process served on us.
• Legal bases under the GDPR, UK GDPR, or POPIA: If you are in the European Economic Area (EEA), the United Kingdom (UK) or South Africa, we will collect and use your personal data only if we have one or more legal bases for doing so under the GDPR, UK GDPR, or POPIA. The legal bases depend on your interaction with us and our sites. This means we collect and use your personal data only where: you have given your consent for one or more specific purposes; it is necessary to perform a contract we are about to enter into or have entered into with you; it is necessary for our legitimate interests (or those of a third party) and your interests and fundamental rights do not override those interests; it is necessary to protect the vital interests of you or another natural person; or it is necessary to comply with a legal obligation. We will indicate the legal basis or bases on which we are relying for each purpose. Where we are relying on consent as the legal basis, we will notify you and seek additional consent before using your personal data for a new purpose that is inconsistent with the original purpose for which we collected it. We will not intentionally collect any “special categories of data” under the EU General Data Protection Regulation (GDPR), the UK General Data Protection Regulation (“UK GDPR”), or the Protection of Personal Information Act (“POPIA”) without your explicit consent for one or more specified purposes or as otherwise permitted or required by applicable law. Special categories of data include personal data
(a) revealing racial or ethnic origin, political opinions, religious or philosophical beliefs, or trade union membership; or
(b) concerning health or data concerning a natural person’s sex life or sexual orientation.
CONTACT VASTOVERS
We welcome any queries, requests you may have regarding our Data Protection Privacy Policies, or our privacy practices. Contact us at privacy@vastovers.com or by completing the Contact Us Form stating your concern. By post to: Vastovers, Suite 36A, Lebrex Plaza, $6 Ajose Adeogun Street, Utako, Abuja, Nigeria.
Newsletters, auto-generated emails, and updates from us often include links to access, correct, or delete your personal data and to manage any subscriptions directly. If you do not wish to receive promotional communications from us, you can opt-out by following the instructions contained in the messages you receive. Even if you opt-out of receiving these promotional communications, we reserve the right to send you certain communications relating to our sites, including administrative messages. We do not offer you the opportunity to opt-out of receiving those communications. For more information about interest-based advertising, including how you can manage advertising, please see above “Interest-based advertising.”
In case you are not satisfied with the way Vastovers handled your question and/or remark or have any complaints about the way Vastovers collects, uses and/or processes your personal data, note that you have the right to lodge a complaint with the Data Protection Authority.
SUBJECT ACCESS REQUEST RESPONSE PROCEDURE
1. Where you wish to exercise any of your data privacy rights, you shall make a formal request by completing the Subject Access Request Form (SAR Form) and sending the completed form via email to us at privacy@vastovers.com.
2. We shall contact you within 5 working days of the receipt of the SAR Form to confirm receipt of the subject access request and may request additional information to verify and confirm the identity of the individual making the request.
3. On receiving any request from you, we shall record the request and carry out verification of the identity of the individual making the request using the details provided in the SAR Form and a valid means of identification such as international passport, driver’s license, national identification card or any other acceptable means of identification.
4. Where the request is from a third party (such as relative or your representative), we will verify their authority to act for you and may contact you to confirm their identity and request your consent to disclose the information.
5. When your identity is verified, we shall coordinate the gathering of all information collected with respect to you in a concise, transparent, intelligible and easily accessible form, using clear and plain language with a view to responding to the specific request. The information may be provided in writing, or by other means, including, where appropriate, by electronic means or orally provided that your identity is proven by other means. We may also contact you to ask you for further information in relation to your request to speed up our response.
6. Where the information requested relates directly or indirectly to another person, we will seek the consent of that person before processing the request. However, where disclosure would adversely affect the rights and freedoms of others and we are unable to disclose the information, we will inform you promptly, with reasons for that decision.
Fees and Timeframe
We shall ensure that we provide the information required by you within a period of one month from the receipt of the request. Occasionally, it could take us longer than a month if your request is particularly complex or you have made a number of requests. In this case, we will notify you and keep you updated. However, where we are unable to act on your request, we shall inform you promptly at least within one month of receipt of the request of the reasons for not taking action and give you the option of lodging a complaint with the NDPC. Where the request relates to any perceived violation of your rights, we shall take appropriate steps to remedy such violations, once confirmed. Remedies shall include but not limited to the investigation and reporting to appropriate authorities, recovering the personal data, correcting it and/ or enhancing controls around it. You shall be appropriately informed of the remedies employed. Any information provided to you by us shall be provided free of charge. However, where requests are manifestly unfounded or excessive in particular because of their repetitive or cumbersome nature, we may:
a. Charge a reasonable fee taking into account the administrative costs of providing the information or communication, taking the action required or making a decision to refuse to act on the request; or]
b. Write a letter to you stating refusal to act on the request and copying the Nigeria Data Protection Commission (NDPC). Exceptions to Data Subjects Access Rights To the extent permitted by applicable laws, we may refuse to act on your request, if at least one of the following applies:
a) in compliance with a legal obligation to which we are subject;
b) protecting your vital interests or of another natural person; and
c) for public interest or in exercise of official public mandate vested in us.
Data Privacy Request Form
Please complete this form to help us respond to your data privacy request. Include details in the Additional Information field to explain your request further.
If you are submitting multiple requests, please complete a separate form for each request.
Note: This form may be used only for inquiries relating to the Privacy & Cookies Notice, and we can only review privacy inquiries received in English. See the Contact page for help with other types of inquiries.
What is the nature of your request? *
–Select—from options
Additional information about the nature of your request* ________________
Relationship*
–Select—from options
Additional information about your relationship with us*
Please enter details to explain your relationship further and help us locate your data. For example, if you selected “Employment/Job Applicant” above, are you a current or former employee, non-employee staff member, or job applicant?
First name* _____________
Last name*____________
Email*_____________
Country*
–Select–
I understand and agree that this request will be processed in accordance with applicable law(s), and therefore it is possible that my request may not be fulfilled, in whole or in part.
DISCLAIMER NOTE
This is not an offer; offers will be made only by means of the Regulation D Offering Documents (available at https://doc.vastovers.com) or the Regulation A+ Offering Circular (available at https://paper. vastovers.com), either of which may be updated or amended from time-to-time with the most recent Offering Circular or Offering Documents. The Regulation D offering under Rule 506(c) is for accredited investors only.
The acquisition of any property identified in this communication is subject to various contingencies and may not be consummated. Past performance is not an indication of future results. Investing involves risk and may result in partial or total loss. Prospective investors should consider carefully investment objectives, risks, charges and expenses, and should consult with a tax, legal and/or financial adviser before making any investment decision. For additional information, visit www. vastovers.com/disclosures.
GENERAL DISCLOSURE
1.1 Vastovers operates a website at vastoversholdings.com (the “Site”). The information contained on the Site neither constitutes an offer for nor a solicitation of interest in any securities offering; and any offer, solicitation or sale of any securities will be made only by means of an offering circular, private placement memorandum, or prospectus and related offering documents. Such solicitations will not result in a sale unless the investor makes an offer to buy by completing the subscription document. Any other indication of interest in an offering may be withdrawn or revoked, without obligation or commitment of any kind. No money or other consideration is hereby being solicited and will not be accepted without such potential investor having been provided the applicable offering documents and completed the relevant subscription documents, and (with respect to Regulation A offerings) such offering document being qualified with the SEC or Nigerian Cooperatives Societies ACT/REGULATIONS, or the sale of such securities being permitted by state law. Joining the Site neither constitutes an indication of interest in any offering nor involves any obligation or commitment of any kind.
PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS, AND ANY EXPECTED RETURNS OR HYPOTHETICAL PROJECTIONS MAY NOT REFLECT ACTUAL FUTURE PERFORMANCE. FURTHERMORE, PAST RETURNS MAY REFLECT THE PERFORMANCE OF ASSETS FOR A FINITE TIME, OR DURING A PERIOD OF EXTREME MARKET ACTIVITY. ALL INVESTMENTS INVOLVE RISK AND MAY RESULT IN PARTIAL OR TOTAL LOSS.
There can be no assurance that an investment mix or any projected or actual performance shown on the Site will lead to the expected results shown or perform in any predictable manner. It should not be assumed that investors will experience returns in the future, if any, comparable to those shown or that any or all investors on the Site experienced such returns.
Historical and Projected Performance Disclosure
In considering any performance information shown on the Site, one should bear in mind that past or targeted performance is not indicative of future results, and there can be no assurance that any issuer will achieve comparable results or that target returns will be met. One should also bear in mind that targeted portfolio characteristics are not indicative of future results, and there is no assurance that target portfolio characteristic will be achieved.
References to “Targeted IRR” and “Targeted Equity Multiple” represents a property’s internal rate of return (“IRR”) or equity multiple based on such property’s forecasted cash flows generated over a period of time and the amount invested in the property. This is different from the forecasted IRR or Equity Multiple to the investor in an applicable fund or other investment vehicle.
PROJECTED AND/OR HYPOTHETICAL PERFORMANCE DOES NOT REPRESENT AN ACTUAL INVESTMENT IN ANY OF THE OFFERINGS SPONSORED BY VASTOVERS, MAY NOT REFLECT THE POTENTIAL EFFECT OF MATERIAL ECONOMIC AND MARKET RELATED FACTORS, AND DO NOT REPRESENT THE ACTUAL PERFORMANCE OR EXPERIENCE OF ANY GIVEN INVESTOR ON THE VASTOVERS WEBSITE.
Nothing contained on the Site should be deemed to be a prediction for projection of future performance of any issuer. Prospective investors should make their own investigations and evaluations of the information contained herein. Each prospective investor should consult its own attorney, business adviser and tax adviser as to legal, business, tax and related matters concerning the information contained herein and such offering.
The information shown on the Site uses or includes information compiled from sources outside of Vastovers and its affiliates. While such information is believed to be reliable for the purposes used herein, neither Vastovers, nor any of its affiliates or partners, members or employees, assume any responsibility for the accuracy of such information. Unless otherwise indicated, the information on the Site has not been reviewed, compiled or audited by any independent third-party or public accountant.
Actual investors on the Site may experience different results from any hypothetical results shown. There is a potential for loss, as well as gain, which is not reflected in the hypothetical information portrayed. The hypothetical performance results shown do not represent the results of actual investment activity but were achieved by means of the retroactive application of a model designed with the benefit of hindsight. Investors should carefully review the additional information presented on the Site as part of any hypothetical calculation.
Offering Disclosure
The offerings available on the Site, except where otherwise indicated (i.e. Regulation A offerings), are only open to independently verified “accredited investors,” in accordance with Rule 506(c) under Regulation D of the Securities Act of 1933, pursuant to each issuer’s private placement memorandum, or prospectus. Prior to investing, you will be asked to independently verify your “accredited investor” status, except where otherwise indicated.
For our current Regulation A offering(s), no sale may be made to you in this offering if the aggregate purchase price you pay is more than 10% or the greater of your annual income or net worth (excluding your primary residence, as described in Rule 501(a)(5)(i) of Regulation D). Different rules apply to accredited investors and non-natural persons. Before making any representation that your investment does not exceed applicable thresholds, we encourage you to review Rule 251(d)(2)(i)(C) of Regulation A. For general information on investing, we encourage you to refer to www.investor.gov.
Offers to sell, or solicitations of offers to buy, any security can only be made through official offering documents that contain important information about investment objectives, risks, fees and expenses. Investors are encouraged to consult with a financial advisor, attorney, accountant, and any other professional that can help you to understand and assess the risks associated with any investment opportunity.
Some of the statements contained on the Site are forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. These statements involve known and unknown risks, uncertainties, and other factors that may cause the project’s actual results, levels of activity, performance, or achievements to be materially and adversely different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. An investment in any issuer available on the Site involves substantial risks, including risk of partial or total loss of investment, and each investor should carefully consider the Risk Factors contained in each issuer’s offering circular, private placement memorandum, or prospectus. Except as required by law, neither we nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. We undertake no obligation to update publicly any forward-looking statements for any reason to conform these statements to actual results or to changes in our expectations.
The information presented regarding each issuer’s offering, including information regarding financial status, business strategy, investment objectives, historical performance, projections, redemption plans, etc., merely constitute a summary of such information and is qualified in its entirety by the disclosure contained in each issuer’s offering circular, private placement memorandum, or prospectus. There can be no guarantee that any issuer available on the Site will achieve its business objectives or that it will become or continue to be profitable.
Securities sold by Vastovers are not publicly traded and, therefore, are illiquid. Additionally, securities sold through private placements may be subject to restrictions on resale or transfer including holding period requirements. Investing in private placements requires high risk tolerance, low liquidity need, and long-term commitments. Users must be able to afford to lose their entire investment.
All information contained in the Site has been prepared without reference to any particular investor’s investment requirements or financial situation. The Site may not be used by any person or entity in any jurisdiction where the use thereof would be contrary to applicable laws, rules or regulations of any governmental authority, regulatory or self-regulatory organization or clearing organization.
Neither the SEC nor any state securities commission or regulatory authority approved, passed upon or endorsed the merits of any investment on the Site.
Reviews and Comments Disclosure
All ratings and reviews are provided to various independent social media sites voluntarily. The average rating review is determined by the various independent social media sites, and not by Vastovers or any of its affiliates. Ratings and reviews are added continuously to the independent social media sites and average ratings are updated by the independent social media websites and not by Vastovers.
The ratings and experience of investors may not be representative of the experiences of all investors and is not indicative of any future success. The accuracy of information included in the ratings and reviews cannot be guaranteed by Vastovers or any of its affiliates.
VASTOVERS TERMS AND CONDITIONS FOR PARTNERS
Vastovers Partners Membership
Your subscription to the Vastovers automatically validates your membership as a Vastovers Partner. Read the Vastovers Partners Terms and Conditions, here, or from the website of Vastovers Partners.
THE POLICY STATEMENT FOR THE VASTOVERS PARTNERS LOYALTY PROGRAM
QUALIFICATION CRITERIA
1. Vastovers Holdings Ltd or any subsidiaries are collectively called Vastovers or the Company.
2. Vastovers Partners Ltd, a subsidiary of Vastovers Holdings Ltd, is duly registered in Nigeria under the Company and Allied Matter Act of 1999. Members are rewarded with a bonus or commission based on their sales performance, patronage, or the amount of items purchased from Vastovers.
3. A Product is any item in the form of goods for pharmaceutical drugs and Allied products, goods and commodities, security, services, etc., traded in the Company.
4. You become a subscriber or a stakeholder when you register as a partner. Both terms (subscriber or stakeholder) mean the same and can be used interchangeably.
5. When you sign up on the Vastovers platform as a customer, you have a choice to accept the option of registering as a direct Consumer, Marketing or Sales Agent or Retailer or Wholesaler or Logistics Agent or Real Estate Agent or Prescriber or Investor or Supplier or a combination of two or more of the subcategories mentioned above. Your selection of any subcategories automatically makes you a Partner of Vastovers, rewarding you with a commission or incentive based only on your sales performance or purchases from the Company or patronage during the Company’s Loyalty Offerings.
6. A member of the Vastovers Partners who purchases from the Company includes a direct Consumer, Sales Agent, Retailer, and Wholesaler. A member who invests in the Company is called an Investor. A member who Supplies to the Company is named a Supplier. A member who registers to carry out a logistics function is called a Logistics Agent, and a member who registers for a Real Estate Agency is called a Real Estate Agent. These members may be a person or group of persons, a company or group of companies, etc.
7. Whether you register as a Purchaser (Consumer, Sales Agent, Retailer, and Wholesaler), Logistics Agent, Real Estate Agent or Prescriber, Investor or Supplier, or a combination of more than one subcategories, you shall be referred to as a Partner.
8. A Partner is also referred to as a customer for members who purchase directly from the Company. For specific reasons, Logistics Agents and Suppliers in their business relationship with Vastovers are also referred to as Partners. All of the above can also be called Stakeholders of the Company. Whereas Partner is used in singular terms, Partners are used in plural terms.
9. The Vastovers Partners Loyalty Program is open only to Stakeholders registered on the designated Vastovers Partners Platform for eligibility purposes.
10. Only sales made on purchases from or financial investments made in the Vastovers Company or any of its subsidiaries will be rewarded with a commission or bonus.
11. Only Vastovers Partners in the category of Purchasers (Consumers, Sales agents, Retailers, and Wholesalers) and Investors and Real Estate Agents will be rewarded with money payout as a bonus from their patronage or investment in Vastovers or its subsidiaries. Prescribers are rewarded based on the number of prescriptions generated and serviced in Vastovers outlets. Prescribers are not entitled to cash payment as a reward. However, a Prescriber may accumulate bonus points which are converted to incentives for their training, education, or professional excellence sponsorships. Logistics Agents and Suppliers will not benefit from any of our money-bonus payouts also.
12. The Company rewards its Partners with bonuses in a reward system called the Loyalty Program. The amount serving as the Partner’s return-on-investment, incentive, points, or any of our measures of commission accrued over time due to the Partner’s trade or patronage in or association with the Company is collectively called the Bonus or commission.
13. The amount due for a reward for any category that qualifies varies from one of the Partner’s subcategories to another. For example, the rates for Consumers Partners are different from those of Retailers Partners or Wholesalers subcategories, and Retailers Partners are further different from Wholesalers Partners, and so on. The Real Estate Agent’s reward is based on the percentage due as commission for sales made on any of the Vastovers properties. Prescribers accrue points that are not appropriated for any cash reward but are used to compute sponsorship options equivalent to the accrued points. The bonus, rates, commission, or points mentioned and referred to above as appropriated for the respective category are solely determined by the management of Vastovers. The applicable rates, commissions, or points vary from Partners category subscribed to which, in turn, may change from time to time depending on the location of the partner or their measure of investment or the country, region, state, province, institution, nature, and size of the subscriber’s business. You are advised to visit our website or seek to understand our Rates, Commission, or Point-Reward format from time to time for proper guidance.
14. Stakeholders are advised to make their purchases using their registered Partners’ account with Vastovers for receipted transactions, and adequate record keeping to enable transparent tracking of their purchase performance.
15. Qualification for the Bonus is based on the stakeholder’s complete registration on our platform and the recorded transaction generated from the Stakeholder’s or Subscriber’s registered account.
16. Stakeholders who buy in-store are advised to collect receipt for any of their completed transaction or request for it where attendant staff failed to issue it. Online Stakeholders should make a download or screen shot of the receipt issued for a completed transaction. You should endeavor to keep the receipt safe for reconciliation or reference purposes in necessity.
17. However, the Vastovers record of the receipt information on its primary data base is considered to be the main source and most accurate record concerning all transactions carried out by the Stakeholder.
18. Record of the receipt is used to compute the Bonus that is due the Stakeholder, and the receipt held in the data base of Vastovers is ultimate information required to compute a due Bonus.
19. The percentage or unit upon which the Bonus is calculated is called the Rates. The Rates will be determined at the discretion of Vastovers’ management. The figure signifying the Rates used to determine the due amount for rewarding a Stakeholder’s transaction is not fixed, and this may change from time to time depending on the prevailing market forces of the host economy or country or the volume of investment subscribed to by the Partner. However, where there is a change in the Rates, such change shall be communicated to the Stakeholder within the first week of the new month before the new Rates is implemented. Otherwise, the immediate past Rates will apply to the calculated Bonus for the current month.
20. The Rates is only updated quarterly or earlier if a change occurs. The Rates per period information is always available on the Company’s website.
21. Refunds are not allowed on any purchased product or cash paid for a product purchased from Vastovers. Therefore, you are expected to confirm the need for goods of interest or goods picked up or delivered before making payment.
22. Your bank account details are required for the monthly remittance of your Bonus. You are advised to submit your verified bank account information that matches your name. Vastovers may contact you regarding the bank account details you provided when it is suspected to be inconsistent with your primary identity or for further clarifications.
PAYMENT OF COMMISSION OR BONUS
1. Payment is only made to the account information provided by the Stakeholder during registration with the Company for a period of a Loyalty Program.
2. The bonus is usually paid at the end of each month during which a transaction is carried out.
REFERRAL POLICY
1. The Company welcomes referrals, allowing it to expand its reach and allow Partners to gain additional bonuses. Depending on the commission structure for a particular partner category, a commission is paid either to the direct Partner or their downlines not exceeding the second generation. You are expected to verify the commission structure for the package of interest before completing your subscription.
2. Referral bonuses are benchmarked on accumulated points. Only the cumulative amount of referrals that meet the benchmark are rewarded. The number that meets the benchmark to qualify for a reward or the rewarded amount is solely determined by Vastovers, and this may change from time to time or country to country or based on the chosen investment type.
3. However, the Company only rewards a referral that translates to sales.
CONDITIONS FOR TERMINATION OF THE VASTOVERS PARTNERS LOYALTY PROGRAM.
1. Vastovers may terminate a Loyalty Program at its sole discretion without recourse to you. However, any such intention to terminate the ‘Partners Loyalty Program shall be communicated to you at least one month before termination, and all accrued commissions shall be paid in full by the end of the encounter month.
PAYMENT BY INSTALMENT/REFUND POLICY FOR A PRODUCT
A Partner must read through this Installment Payment/Refund Policy before subscribing to a Vastovers Product.
1. IDENTITIES:
Vastovers Holdings or its subsidiaries is called Vastovers. An investor or client of Vastovers is called a Partner. A Product refers to a property or a piece of commodity, luxury goods, or an item the Partner subscribes to purchase from Vastovers.
2. PURPOSE:
The Instalment Payment/Refund Policy aims to inform a Partner who chooses to pay for a Product in installments of the plans available to them under such circumstances. And better educate a Partner who chooses payment by installments on the terms and conditions of their choice. This document is an agreement between Vastovers and the Partner regarding installment payment.
3. COMMENCEMENT OF POLICY:
This Policy will commence when a Partner subscribes to a Vastovers Product.
4. APPLICATION OF THE POLICY:
This Policy applies to a Partner of Vastovers who chooses the installment payment plan.
5. ELIGIBILITY:
For a Partner to be eligible for the payment by installment, such a Partner must:
i. Make a first initial deposit for the Product and agree to pay up the balance within the period planned to complete the payment.
ii. The Deed of Assignment is only issued after all due payments, including accrued charges, have been completed.
iii. Any payment made to Vastovers is receipted, and a Partner is advised to request the receipt as evidence of payment.
6. CONDITIONS:
BY CHOOSING THE INSTALMENT PAYMENT PLAN, THE PARTNER MUST UNDERSTAND THAT:
i. The balance of the investment sum must be made within the agreed period for the balance payment to be made.
ii. The period to complete all installments is at least three (3) months and a maximum of twelve (12) months.
iii. Default to make the balance payment within the agreed period shall attract a Ten percent (10%) increase on the balance for every month that such Partner defaults. The ten percent (10%) increase on the balance is an administrative charge against the defaulting Partner.
7. REFUND POLICY:
Vastovers does not refund any advanced payment.
However, funds transferred for the purchase of a Product shall be refundable to the Partner subject to the following terms and conditions:
i. A penalty is attached to the refund request.
ii. The Partner asking for a refund shall give Vastovers at least three months’ written notice to notify them of their intention to get a refund.
iii. Only the amount requested for refund shall be paid after deducting all applicable charges.
iv. All due or paid administrative charges are non-refundable.
v. Where a Partner asks for a refund within the payment deadline, he shall not be refunded the total amount paid for the Product. The Partner shall be entitled to only seventy percent (70%) of the advanced amount requested for refund.
vi. Where the Partner asks for a refund after the elapse of the deadline set to have received full payment for the purchased Product, the refundable amount shall be Sixty Percent (60%) of the total amount requested for a refund.
vii. The refund balance shall be subject to all the conditions of installment and refund, including the applicable charges mentioned above for default.
viii. Vastovers shall complete a requested refund within two months after the elapse of the 3-month notice period within which the refund request is made.
ix. Upon completing all refunds, the Partner shall cease to hold any rights or titles associated with the subscribed Product.
8. VARIATIONS:
i. Vastovers reserves the right to vary, replace, or terminate this policy at any time.
ii. Vastovers has the right to terminate an erring Partner’s subscription and make a refund based on the terms and conditions mentioned above.
9. PARTNER’S ACKNOWLEDGEMENT:
The Partner acknowledges that they have read and understood the Vastovers Instalment Payment/Refund Policy and agrees to comply with its Terms and Conditions.
CONDITION FOR WITHDRAWAL OF CAPITAL BEFORE MATURITY OF INVESTMENT TENURE.
1. The amount you invest, called the Capital, determines the amount of returns represented as a percentage of the Capital that will be due you from your investment.
2. Depending on your preferred investment option, the returns may be paid monthly or cumulative at the end of the tenure.
3. The simple interest payment of the capital allows you to get monthly returns. In contrast, the compound interest mode will allow your monthly interest to be added to the capital, where the sum of the old capital and the accrued returns will be added to give a new capital upon which your returns for the latest month will be computed.
4. An investment cycle’s returns have a life span called the Tenure. Every investment has a tenure you subscribed to when registering for the investment partnership.
5. At the end of the tenure, the capital will be due for withdrawal or repayment to you.
6. Usually, your capital, including the interest for the last month, will be paid within 24 hours after the end of the investment tenure.
7. You shall notify the Company in writing when you decide to continue your investment seven (7) days before the end of the ongoing investment tenure.
8. Where you decide to continue your investment, your existing capital shall not be available for withdrawal but shall be reused for the next investment round.
9. You may decide to increase or reduce the capital amount not lower than the minimum allowable value or increase or reduce the investment tenure not lower than the minimum duration.
10. If you change your investment capital or tenure, your new returns will be structured based on your latest investment decision.
11. You shall give the Company a notice period of three (3) months should you decide to withdraw your capital prematurely or terminate your investment before the full maturity of your existing investment tenure.
12. If you wish to terminate the investment tenure prematurely, the Company shall deduct 10% of your capital as a penalty charged as an administrative fee in favor of the Company.
13. The accrued interest for the encounter days within the month of notice will be calculated and paid with the discounted capital within 24 hours of sign-off, and your investment contract shall be terminated immediately.
