VASTOVERS BUSINESS TERMS AND CONDITIONS

 

VASTOVERS PARTNERS GENERAL POLICY
 
1. Vastovers Holdings Ltd or any subsidiaries are collectively referred to as Vastovers or the Company.
2. Vastovers Partners Ltd, a subsidiary of Vastovers Holdings Ltd, is registered in Nigeria under the Companies and Allied Matters Act of 1999. Members earn bonuses or commissions based on their sales performance, patronage, or the quantity of items purchased from Vastovers.
3. A Product includes any goods such as healthcare and wellness product, commodities, household goods, luxury products, gadgets, electronics, real estate, etc., or services traded by the Company.
4. Your subscription to Vastovers automatically confirms your membership as a Vastovers Partner. You become a subscriber to any of the products or partnership arrangements, or a stakeholder, upon registration as a partner. Both terms (subscriber or stakeholder) are interchangeable.
5. When you decide to join Vastovers as a partner, you may choose to register as an investor, networker, referral partner, distributor, retailer, Supplier, logistics agent, prescriber, recommender, supplier, or a combination of these. Selecting any subcategory automatically makes you a Partner of Vastovers, entitling you to membership, returns, commissions, or bonuses based on your membership category or activities.
6. A member investing in the Company to earn reward within a specified period is called an Investor.
7. A member of the Vastovers Partner who recruit other partners, invests or sells Vastovers products for reward is called a Networker.
8. A member of the Vastovers Partner who recruit other partners for reward is called a Referral Partner.
9. Members of Vastovers Partners who purchase from the Company include sales agents, distributors, retailers, and direct consumers.
10. A member supplying to the Company is designated as a Supplier.
11. A member performing logistics functions is termed a Logistics Agent.
12. A member who prescribes or recommends Vastovers products is called a prescriber or a recommender respectively.
13. These members may be individuals, groups, companies, or corporate entities.
14. The Vastovers Partners Loyalty Program is exclusive to Stakeholders registered on the designated platform.
15. Only purchases or financial investments in Vastovers or its subsidiaries qualify for commissions or bonuses.
16. Rewards are only applicable to categories such as investors, networkers, referral partners, distributors, retailers, consumers, prescribers, and sales agents. Prescribers and recommenders are rewarded based on prescriptions generated or recommendations made of Vastovers products but not with cash; instead, they may earn bonus points convertible into incentives for training or development.
17. Logistics Agents and Suppliers are excluded from monetary bonus payouts.
18. The Company awards bonuses through its Loyalty Program, which includes returns, incentives, points, or commissions accrued through trading or patronage.
19. Bonus or commission rates vary across categories; for example, consumer partners have different rates from distributor or retailer partners.
20. Rates are set at the discretion of Vastovers management, based on economic and corporate conditions, and may change periodically. Changes are communicated at least one month in advance.
21. Rates are updated quarterly or sooner if necessary; current rates are available on the Company’s website.
22. Refunds are not permitted on purchased products or payments. Confirm your needs before making payments.
23. You must register your verified bank account details for monthly remittances, which should match your name. The Company may contact you to ratify any inconsistencies or to verify your account.
 
 
PARTNER ENGAGEMENT AND PAYMENT OF REWARDS
1. Eligible partners for rewards include investors, networkers, referral partners, distributors, retailers, consumers, prescribers, and recommenders supporting Vastovers.
2. Rewards such as returns, commissions, and bonuses are incentives for supporting the business, not for promoting indiscriminate product use.
3. Prescribers or recommenders must select a reference sale centre of prescribed or recommended Vastovers product for the product access, transparent tracking and sales assessment
4. Only proof of purchase from the designated reference sale centre shall qualifies for rewards.
5. Prescriptions are captured and uploaded without patient information to protect confidentiality.
6. Commissions are based on the cost price of products.
7. The percentage rate of commissions can vary over time.
8. Payments are made to the account registered at onboarding within the Loyalty Program.
9. Rewards are typically paid monthly following the transaction.
 
 
REFERRAL, BONUS AND NETWORK REWARDS
1. The Company allows referral activities and rewards to grow its membership. The amount paid as a referral bonus is a fixed percentage that may change from time to time.
2. Depending on a networker’s efforts, their membership can be categorised into various levels ranging from bronze, silver, gold, platinum, diamond, Royal, VIP partner, etc., to enable them to enjoy a broader range of rewards up to a fixed level and sales volume.
3. The network bonus is designed to enable members to benefit from their downlines up to a predetermined level and sales volume generated.
4. You are expected to understand the various commission or reward structures to guide your participation.
5. All commission and bonuses are solely structured by Vastovers, depending on economic conditions and corporate discretion.
 
CONDITIONS FOR TERMINATION OF THE VASTOVERS PARTNERS LOYALTY PROGRAM.
1. Vastovers may terminate the Loyalty Programme at its sole discretion without recourse to the partner. However, any intention to terminate the ‘Partners Loyalty Programme’ shall be communicated to the partner at least one month prior to the effective date of termination, and all accrued commissions shall be paid in full by the end of that month.
VASTOVERS PARTNERS POLICY FOR HEALTHCARE PROFESSIONALS
 
CONTINUING PROFESSIONAL EDUCATION (CPD) FOR PHYSICIANS AND PHARMACISTS
 
CPD Details, Participation, and Policy
1. The Company organises a series of educational Continuing Professional Development programmes for healthcare professionals, including doctors, pharmacists, nurses, and others.
2. This initiative is part of Vastovers’ commitment to capacity building, medical education, and career advancement.
3. The Company collaborates with relevant ministries, regulatory agencies, professional groups and associations, technical and academic institutes, as well as public- and private-sector stakeholders, and industry leaders and experts.
4. These CPD programmes are solely for educational purposes and do not require participants to promote or purchase any of the Company’s products.
5. The CPD series is organised into titles, themes, and topics, which may change periodically based on identified needs. An example of this classification is provided as follows:
Program Title:
Alcohol Disease Burden Reduction Academy
Theme:
Advancing Physicians’ Leadership in Reducing Alcohol-Related Diseases (Total CPD credits -10)
Note: the total CPD credit assigned to this theme reflects the combined sum of the CPD credits designated for each associated topic.
Topics:
1. Alcohol Consumption: A Neglected Global Public Health Issue. (2.5 Points)
2. Patient-Centred Strategies for Alcohol-Related Disease Reduction and Clinical Care. (2.5 Points)
3. Standardised Patient Clerking Protocols in Alcohol Use. (2.5 Points)
4. Pharmacotherapy Options in Alcohol Toxicity. (2.5 Points)
Please note that the allocated CPD points may vary over time.
 
Criteria for Awarding CPD Points
1. Certificates of participation, reflecting the allocated CPD credits, will be prepared and dispatched following each webinar.
2. Certificates with awarded CPD points will be issued exclusively to participants who have registered, attended the webinar, and achieved a comprehension score of no less than 70%.
3. The awarding of CPD points depends on the points assigned for each attended topic. Thus, merely registering for the webinar series does not guarantee a certificate or CPD points unless all specified criteria are met.
 
Webinar Duration and Frequency
The webinar is organised monthly, each session lasting approximately 4 hours and 30 minutes, during which all four topics are delivered by designated speakers. To stay updated, registered participants are encouraged to join the WhatsApp group created for each edition to receive all related communications. Additionally, updates may be shared via direct message, SMS, or email.
 
Qualifications of Speakers
Consultant physicians, medical educators, or professors in medicine are engaged as speakers to present the selected subtopics, ensuring high-quality delivery through their practical experience and expertise.
 
Independent Contractor
The relationship between you and the Company organising this webinar is that of independent contractors. Nothing in your registration, participation, or contact with the Company shall be deemed to create any agency, partnership, joint venture, employment, or fiduciary relationship. Neither party shall have authority to contract for or bind the other.
 
Correspondence and Feedback
The company may contact participants using the contact details provided during registration for any of the webinar series. Communications may occur via phone calls, SMS, WhatsApp, or email, before, during, and after the webinar.
– Pre-Webinar: Reminders, prompts, and notifications about the upcoming session.
– During Webinar: Interactions including lectures, assessments, and announcements.
– Post-Webinar: Follow-up, requests for feedback on the session’s usefulness, practical experiences, prescribing patterns, medication outcomes, consumer responses, data, or suggestions for further research.
To opt out of receiving such correspondence, send a written request to partners@vastovers.com or use the opt-out option in our emails.
 
DISCLAIMER REGARDING DIETARY SUPPLEMENTS, MEDICINAL PRODUCTS OR OTHER CONSUMER GOODS
This disclaimer pertains to the use, prescription, recommendation, and promotional activities related to dietary supplements and medicinal products for specific consumer groups or health conditions.
1. All products for which the Company holds marketing authorisation or trademarks are duly approved or registered by relevant regulatory authorities.
2. The Company promotes healthier lifestyles and health improvements among intended consumers but does not endorse substance misuse or abuse, which can cause health issues.
3. The Company advocates complete abstinence from substance misuse as the most effective prevention.
4. The Products are intended for prevention and treatment, aiding consumers or patients in improving health or reducing long-term risks associated with misuse, potentially lowering treatment costs and related health issues.
5. Partners are expected to uphold the Company’s health advocacy in all promotional activities, ensuring information about benefits, indications, dosing, interactions, side effects, and other relevant aspects is accurate and ethical.
6. Partners must report any misleading information to partners@vastovers.com. They are responsible for damages or claims resulting from false or harmful information distributed by them.
TERMS OF ENGAGEMENT OF PARTICIPANTS IN CONTENT CREATION, PROMOTIONAL, ADS CAMPAIGNS AND MEDIA CHALLENGES.
If you’re interested in participating in our social media campaigns for pharmaceutical and medical products, effective content creation and advertising are essential for building trust and ensuring that patients receive accurate information. We follow the ethical guidelines set by the Pharmacists Council of Nigeria (PCN) and the National Agency for Food and Drug Administration and Control (NAFDAC). It is crucial to prioritize transparency, accuracy, and patient education while adhering to these ethical standards.
Recommended Practices:
Be Transparent:
It’s essential to provide clear and factual information about pharmaceutical products, including their benefits and potential risks.
Educate Patients:
Offering resources that explain various medical conditions and treatment options helps patients make informed decisions about their health.
Focus on Value:
Highlighting the effectiveness of products can significantly enhance the patient experience and inform their choices.
Involve Thought Leaders:
Collaborating with experts in the field can help establish credibility and build trust with the audience.
Embrace Digital Platforms:
Utilizing online channels is an effective way to disseminate information and connect with a wider audience.
Actively Listen:
Gathering feedback from patients and healthcare professionals is vital for understanding needs and improving services.
Adhere to Ethical Guidelines:
Compliance with advertising regulations is non-negotiable and ensures responsible marketing practices.
Practices to Avoid:
Oversell or Mislead:
Exaggerated claims about product efficacy can mislead patients and create distrust.
Interfere with Referrals:
It is important not to influence a patient’s choice of healthcare provider, allowing them to make decisions that are best for their health.
Neglect Patient Education:
All communications should ensure that patients understand their treatments thoroughly.
Use Deceptive Tactics:
Avoid manipulative marketing practices that could compromise integrity.
Ignore Ethical Guidelines:
Always prioritize adherence to advertising regulations to uphold industry standards.
Disregard Patient Feedback:
Listening to concerns and suggestions from patients is essential for improving services and products.
Neglect Content Quality:
Ensuring accuracy and relevance in all communications is critical for maintaining trust.
Inappropriate Appearance and Communication:
Marketing communications should avoid nudity and seductive remarks to maintain professionalism and respect for the audience.
Participation Criteria:
To participate in each campaign, it is essential to register on our website or the specified platform mentioned in the advertisement. Please note that failure to register will result in disqualification from receiving any rewards.
Participants are encouraged to create posts that showcase the outstanding benefits of the target products, express trust in our organization as a partner, and include relevant hashtags to enhance visibility.
Winning Criteria:
To be considered for winning, participants must fully meet the established criteria, which may vary based on current terms. Typically, winning is determined by factors such as the level of engagement on posts, including likes, comments, and shares, with specific targets set for each campaign. Additionally, success may be assessed based on the number of product packs sold or the expected sales amount for the target products.
PAYMENT FOR PRODUCTS BY INSTALMENT AND REFUND POLICY 
A Partner must read through this Installment Payment/Refund Policy before subscribing to a Vastovers Product.
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.
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.
COMMENCEMENT OF POLICY:
 This Policy will commence when a Partner subscribes to a Vastovers Product.
APPLICATION OF THE POLICY:
This Policy applies to a Partner of Vastovers who chooses the installment payment plan.
ELIGIBILITY:
For a Partner to be eligible for the payment by installment, such a Partner must:
Make a first initial deposit for the Product and agree to pay up the balance within the period planned to complete the payment.
i i. The Deed of Assignment is only issued after all due payments, including accrued charges, have been completed.
Any payment made to Vastovers is receipted, and a Partner is advised to request the receipt as evidence of payment.
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.
i i. 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.
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:
A penalty is attached to the refund request.
i i. 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.
All due or paid administrative charges are non-refundable.
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.
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.
Upon completing all refunds, the Partner shall cease to hold any rights or titles associated with the subscribed Product.
VARIATIONS:
Vastovers reserves the right to vary, replace, or terminate this policy at any time.
Vastovers has the right to terminate an erring Partner’s subscription and make a refund based on the terms and conditions mentioned above.
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.
SALES AGENCY AGREEMENT
 
This Sales Agency Agreement (“Agreement”) is made and entered into on _ day of ___, 20, by and between:
[Supplier/Company Name], with its registered address at _____________ (hereinafter referred to as the “Principal”),
AND
VASTOVERS PARTNERS, a sales and marketing organization with its registered address at Suite 36A Lebrex Plaza, 46 Ajose Adeogun Street, Utako, Abuja (hereinafter referred to as the “Sales Agent”).
 
The Principal and the Sales Agent may hereinafter be referred to individually as a “Party” and collectively as the “Parties.”
 
1. PURPOSE
The purpose of this Agreement is to establish a business relationship whereby the Sales Agent shall promote and market the Principal’s products and refer prospective customers to the Principal for the purchase of such products.
 
2. APPOINTMENT
The Principal hereby appoints the Sales Agent as a non-exclusive sales and marketing representative for the promotion of the products listed by the Principal from time to time.
The Sales Agent accepts such appointment and agrees to use its network, sales team, website, social media platforms, and other lawful marketing channels to promote the Principal’s products.
 
3. PRODUCT PRICING
The Sales Agent shall market and advertise the Principal’s products at the same prices offered by the Principal to its direct customers.
The Sales Agent shall not increase or alter the selling price of any product without the prior written approval of the Principal.
 
4. MARKETING MATERIALS
The Principal shall provide the Sales Agent with:
Product images;
Product videos;
Product descriptions;
Product specifications;
Product purchase registration or forms;
Product purchase contract;
Marketing brochures and promotional materials; and
Any updates relating to the products.
 
The Principal warrants that it owns or has the necessary rights to all materials supplied and grants the Sales Agent permission to use such materials solely for the purpose of marketing and promoting the Principal’s products.
 
5. RIGHT TO DISPLAY PRODUCTS
The Principal grants the Sales Agent, its employees, agents, and authorized sales representatives the right to:
Display the products on the Sales Agent’s website;
List the products on e-commerce platforms operated by the Sales Agent;
Publish product information on social media platforms;
Use the Principal’s product names, trademarks, logos, images, videos, and descriptions solely for promotional purposes.
The Principal agrees that neither the Sales Agent nor any member of its sales team shall be subject to any legal sanction, claim, or liability arising solely from the authorized use of such materials for the purposes contemplated under this Agreement.
 
6. SALES PROCESS
The Sales Agent shall:
Promote and market the Principal’s products;
Identify prospective customers;
Refer customers to the Principal;
Assist customers with product information and inquiries.
The Principal shall:
Receive and process customer orders;
Supply products directly to customers;
Collect payments from customers; and
Fulfill all obligations relating to product delivery, warranty, and after-sales support.
 
7. COMMISSION
In consideration of the services rendered by the Sales Agent, the Principal shall pay the Sales Agent a commission equal to Twenty Percent (20%) of the value of products purchased by customers referred by the Sales Agent.
A customer shall be considered a referred customer where the Sales Agent can reasonably demonstrate that the customer originated through its marketing activities, referral system, website, sales representatives, or other approved tracking mechanism.
 
8. REPEAT PURCHASES
The Sales Agent shall continue to earn the agreed commission of 20% on all future purchases made by any customer originally referred by the Sales Agent, provided that:
This Agreement remains valid and in force;
The customer relationship originated through the Sales Agent; and
The customer continues to purchase products from the Principal.
The commission entitlement shall apply to both initial and repeat purchases made during the term of this Agreement.
 
9. REPORTING AND PAYMENT OF COMMISSION
The Principal shall:
Maintain accurate sales records relating to referred customers;
Provide monthly sales reports to the Sales Agent;
Pay earned commissions within _ days after the end of each month.
Commission payments shall be made by bank transfer to the account designated by the Sales Agent.
 
10. RECORDS AND AUDIT
The Sales Agent shall have the right, upon reasonable notice, to review relevant sales records relating to referred customers for the purpose of verifying commission calculations.
 
11. INDEPENDENT CONTRACTOR
Nothing in this Agreement shall be construed as creating a partnership, joint venture, employment relationship, or agency relationship beyond the marketing and referral services expressly stated herein.
The Sales Agent shall act as an independent contractor.
 
12. TERM
This Agreement shall commence on the date first written above and shall remain in force for an initial period of 1 (One) years, after which it shall automatically renew unless terminated by either Party.
 
13. TERMINATION
Either Party may terminate this Agreement by providing 7 (Seven) days’ written notice to the other Party.
 
Termination shall not affect:
Any commission earned prior to termination; or
Any unpaid commissions due to the Sales Agent.
 
14. CONFIDENTIALITY
Each Party shall keep confidential any proprietary, commercial, financial, or customer information obtained from the other Party and shall not disclose such information without prior written consent.
 
15. GOVERNING LAW
This Agreement shall be governed by and construed in accordance with the laws of the Federal Republic of Nigeria.
 
16. DISPUTE RESOLUTION
Any dispute arising from or relating to this Agreement shall first be resolved through amicable negotiations between the Parties.
Where negotiations fail, the dispute shall be referred to mediation or arbitration in Nigeria before either Party may commence court proceedings.
 
17. ENTIRE AGREEMENT
This Agreement constitutes the entire agreement between the Parties and supersedes all prior discussions, understandings, or agreements relating to its subject matter.
Any amendment shall be made in writing and signed by both Parties.
 
EXECUTION
This agreement becomes effective upon your acceptance of Vastovers’ policies, terms, and conditions during the sign-up process. This acceptance will make the agreement binding for both you and Vastovers from the date of sign-up.
VASTOVERS SUPPLIER AGREEMENT
THIS SUPPLIER AGREEMENT {“Agreement”} is made the day you execute it and as captured on our application.
Vastovers (Vastovers Stemordz Ltd, Vastovers Fromatoz Ltd or any other subsidiary of Vastovers Holdings or Affiliates), a Company incorporated under the Laws of the Federal Republic of Nigeria and having its office at suite 36a Lebrex Plaza, 47 Ajose Adeogun Street, Utako, Abuja, hereinafter referred to as “Vastovers” (which expression shall, where the context so admits, include its successors-in-title and assigns), of the one part.
AND
Your Entity as named in your sign-up data, a Company incorporated under the Laws of the Federal Republic of Nigeria and having its registered office as indicated in the sign-up data hereinafter called “the Supplier” (which expression shall where the context so admits include its successors-in-title and assigns) of the other part.
Vastovers and the Supplier named above, and their respective successors and assignees (if any), may sometimes individually be referred to as “Party” and collectively as “Parties”.
WHEREAS:
Vastovers desires to purchase Products from the Supplier and the Supplier has agreed to supply them to Vastovers subject to the terms and conditions contained in this Agreement.
NOW, THEREFORE, in consideration of the premise and the mutual promises and covenants contained herein, the Parties hereby agree as follows:
1.0. PURCHASE OF PRODUCTS
Products shall refer to any item or commodity or service intended to be purchased by Vastovers and to be supplied by you. Except to the extent that the Parties may otherwise agree with respect to a particular order, the Products shall be ordered by Vastovers pursuant to written Purchase Orders. Upon the receipt of each Purchase Order by the Supplier hereunder, the Supplier agrees that it shall supply the Products, in such quantities and use its best efforts to deliver such products to Vastovers no later than four (4) days.
2.0. DELIVERY TERMS
2.1. The Supplier hereby agrees with Vastovers that the Products specified in any Purchase Order shall be delivered to Vastovers’ warehouse free of any charge and title to the Products shall pass to Vastovers subject. The Supplier further agrees that the product shall be ethically prepared, packaged for safe delivery and transported by the Supplier in such manner as to enable them reach their destination in good condition. Parties agree that each order shall be accompanied by a delivery note from the Supplier, evidencing the Purchase Order Number, the date of the Purchase Order, Date of the Delivery of the Products, the type of the Products, quantity of the Products and specification of the Products, and in the case of an Order being delivered by installments, the outstanding balance of Products remaining to be delivered within the expected time of the delivery of the outstanding products.
3.0. PRICING, INVOICING AND PAYMENT TERMS
3.1. The Parties hereby agree that the Supplier shall give to Vastovers the best price in the market, according to the Supplier’s published and approved price list in force as at the date of each purchase order. The said price list shall be on the Supplier’s letter head paper and signed by its authorized signatory.
 Parties also agree that the Supplier shall give Vastovers at least one (1) week notice prior to any price change. For the avoidance of doubt, the one (1) week will begin to count from the date on which Vastovers is informed of the change in price.
 For the avoidance of doubt, the business transaction will be on sales or return. Monthly reconciliation will be done by the end of each month and Vastovers shall pay for only goods that have been sold. This is to enable
 Vastovers understand the demand pattern and trend for the Products and stock accordingly.
4.0 ACCEPTANCE AND DEFECTIVE GOODS
4.1. Upon delivery, all items must be duly checked and all non-conforming products must be retrieved on the spot by the Supplier.
4.2. Vastovers will report in writing or in any other official means of communication any hidden or latent defects within Seven (7) days following the discovery of the defects.
5.0 RETURNS AND PRODUCT RECALL
5.0.1. The Supplier and Vastovers mutually agree that the grounds upon which Vastovers may return Products include but are not limited to:
 5.0.2. Where the Products are received damaged, defective or non-conforming with regulatory standards.
5.0.3. Where the Products do not meet the minimum shelf-life.
5.0.4.  Where the Products are recalled by the Supplier or any regulatory authority.
5.0.5. The Supplier may, where necessary or at the request of a regulatory authority, recall certain batches of a product from the market or implement such other measures that it determines appropriate. In such an event, the Supplier will inform Vastovers as soon as possible and Vastovers will provide the Supplier with all necessary assistance upon request, including tracing or recalling particular batches of product and, as necessary, identifying the relevant end consumers to whom the product from that batch had been delivered”.
6.0. QUALITY ASSURANCE, CERTIFICATION AND ETHICAL BEHAVIOUR
The Supplier shall provide evidence that the Products being provided by the Supplier have adequate certification and records to establish that the Products have been manufactured to an acceptable standard and subjected to adequate quality assurance procedures. The Supplier represents and warrants that it has conducted and shall conduct its business in accordance with the highest ethical standards and it shall comply with all applicable laws in the performance of its obligations under this Agreement, but not limited to, legislation dealing with ethical business practices.
7.0. INDEMNITY
Parties shall indemnify, defend and hold harmless the other Party and each of its subsidiaries and affiliates, and each of their respective officers, directors, employees, agents, representatives and shareholders, predecessors and successors, from and against any and all claims, demands, causes of action, damages, losses, liabilities, judgments, costs, fees and expenses (including, without limitation, reasonable costs and expenses of investigation and settlement and reasonable attorneys’ fees and expenses) (collectively, “Losses”), to the extent arising out of or relating to any breach by the defaulting Party of its representations, warranties, covenants or obligations set forth in this Agreement. Such indemnification obligations shall survive the expiration or termination of this Agreement for any reason.
8.0. TERM AND TERMINATION
8.1. This Agreement shall be effective for an initial period of 1 year commencing on the day of execution hereof and unless terminated in accordance with the terms of this Agreement, it shall be automatically renewed for further terms of 1 year each without the need to re-execute the terms herein or such other or additional terms as may be agreed by parties from time to time.
8.2. This Agreement can be terminated at any time by either party under one of the following paragraphs hereof, that is:
8.2.1. For breach of any of the terms by the other party hereto and the breach has not been remedied within thirty (30) days of notice.
8.2.2. In the event that either party becomes bankrupt or insolvent or goes into liquidation or shall enter into any arrangements for composition with creditors or is otherwise prohibited from trading.
8.3. Parties may by mutual agreement, terminate this Agreement, upon thirty (30) days advance written notice to the either party.
9.0. INDEPENDENT CONTRACTOR
The relationship between the Parties is that of independent contractors. Nothing contained in this Agreement shall be construed as creating any agency, partnership, joint venture or other form of joint enterprise, employment or fiduciary relationship between the parties, and neither party shall have authority to contract for or bind the other party in any manner whatsoever.
  10.0. FORCE MAJEURE
  Neither Party shall be liable for any delay or failure in performing any of its obligations under this Agreement if the delay or failure results from events or circumstances beyond its reasonable control (including, any acts or restraints of governments or public authorities, war, revolution, riot or civil commotion, acts of God or fire but excluding strikes and lockouts) (“Force Majeure”) provided that the Party so affected shall send to the other Party, a written notice within three (3) days of becoming aware of such Force Majeure giving full particulars thereof including the date of first occurrence, the circumstances giving rise to it and an indication of the duration of such circumstances. If the duration of delays or failures due to such events exceeds a period of two (2) weeks, the Parties shall meet to agree the actions to be taken in order to either continue with the performance of this Agreement to the best extent possible or decide to terminate the Agreement.
11.0. ANTI-BRIBERY, CONFIDENTIALITY AND DATA PROTECTION
11.1. Neither Party shall in any circumstances whatsoever make any payment or gift or promise or offering to any person or entity whomsoever for purposes of influencing any act or decision of such officer staff or of any such person or such entity in respect of the provision of this Agreement.
11.2. The provisions of this Agreement and its existence shall be kept confidential by both parties and parties shall not make any unauthorized disclosure in respect of the terms of this Agreement to any third party, except as otherwise permitted by law. This Clause shall bind the parties’ agents, representatives, staff, directors, assigns, and successor in title, and the aforementioned person shall be informed and bound by the terms of this confidentiality provision. The Parties agree that the unauthorized disclosure or use of any Confidential Information may cause immediate and irreparable injury to the Disclosing Party which could not be adequately compensated by monetary damages. The Receiving Party therefore authorizes the Disclosing Party to seek any temporary or permanent injunctive relief necessary to prevent such disclosure or use, or threat of disclosure or use.
11.3. The Parties shall ensure compliance with the Nigerian Data Protection Act. 2023, Nigerian Data Protection Regulation 2019, and other applicable legislation relating to privacy or data protection in force in Nigeria regarding information which may be acquired or processed by any of the Parties within the scope of this Agreement. Any party which is in breach of any law or regulation on data usage and/or protection shall indemnify the other parties for any claims or damages arising from the breach.
12.0. WAIVER
The failure of either Party to exercise any right, or claim any remedy, contingent upon the default of the other Party in performing any of its obligations under this Agreement, shall not be deemed or construed as a waiver of such right or remedy under this Agreement.
13.0. LEGAL COMPLIANCE AND AUTHORISATION
Each Party shall comply in all material respects with all federal and state laws and regulations applicable to the conduct of its business pursuant to this Agreement. Parties hereby represent and warrant that all corporate action on their part and their officers and directors necessary for the authorization, execution and delivery of this Agreement and the performance of all obligations hereunder.
14.0. ENTIRETY AND AMENDMENT OF AGREEMENT
This Agreement represents the entire agreement of the Parties and supersedes and replaces all prior understandings and agreements concerning the subject matter hereof. This Agreement can only be amended or varied in a supplemental agreement in writing, signed by both Parties.
15.0. NOTICES
Any notice, demand or request which is given in connection with this Agreement shall be given in writing to the applicable Party via electronic means (including e-mail) or by personal delivery at the business address indicated herein above for that party, or such other address as the party may have notified in writing to the other Party. Any notice, demand or request given pursuant to this Agreement shall be deemed given as of the date delivered in case of personal delivery and the date sent in case of electronic communication, provided that the correct delivery address is used in either case.
16.0. ASSIGNABILITY
This Agreement may not be assigned or otherwise transferred by either Party without the prior written consent of the other Party, which consent shall not unreasonably be withheld.
17.0. DISPUTE RESOLUTION AND GOVERNING LAW
If any dispute arises as to the validity, interpretation, effect, rights and/ or obligations of the Parties under this Agreement, the Parties shall use their best endeavours to reach an amicable settlement of the dispute, failing which they shall resort to mediation or conciliation by their legal representatives within Fourteen (14) days of the dispute being declared or any extension thereof by consent of both Parties, and failing which, the parties are at liberty to commence an action before a competent court in Nigeria for the resolution of their disputes.
18.0. COUNTERPARTS
This Agreement and any amendment or supplement hereto may be executed in any number of counterparts and any Party hereto may execute any such counterpart, each of which when executed and delivered shall be deemed to constitute one and the same Agreement.
19.0 EXECUTION
This agreement becomes effective upon your acceptance of Vastovers’ policies, terms, and conditions during the sign-up process. This acceptance will make the agreement binding for both you and Vastovers from the date of sign-up.
COOKIES POLICY AND PRIVACY NOTICE 
Vastovers uses 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
Our organization and partners may need to collect information regarding your computer for our services.
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.
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.
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.
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: October 20, 2025
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:
The data we collect
Use and Disclosure of Data
Storage and Protection of Data
Data Rights
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.
Confirmation of Payments for Purchases
The release of purchased items to customers is contingent upon the Company receiving confirmation of the actual payment amount. As payments may be processed through third-party financial institutions or payment gateways, we have limited control over these transactions until we obtain the confirmed payment. Therefore, we encourage customers to direct any inquiries regarding payments not yet received by the Company to the respective third-party financial institution or payment gateway. As a result, the Company cannot accept responsibility for any payments that remain unsettled, unsuccessful, or unconfirmed.
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:
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.
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.
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.
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.
The right to receive your Personal Data and have it transferred to another Data Controller, as applicable.
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
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.
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.
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.
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.
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.
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:
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]
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
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.