Platform Terms & Conditions

1. The Platform

IBMG Markets operates as a neutral digital infrastructure for the global badminton ecosystem.

The Platform provides the environment through which professional relationships are discovered, initiated, structured, documented, and transacted between independent participants, including players, clubs, coaches, academies, consultants, and other professionals operating internationally.

IBMG Markets functions as:

• an infrastructure provider
• a marketplace operator
• a transaction and payment layer
• and a system for contractual facilitation

IBMG Markets does not participate as a contracting party in agreements between Users and does not act as employer, agent, or representative.

All relationships and agreements formed through the Platform remain solely between the relevant Users.

2. Participation in the Platform

Access to the Platform is conditioned on account creation and continued compliance with these Terms.

Participation presupposes the provision of accurate, complete, and current information sufficient to support identity, eligibility, and transactional functionality within the ecosystem.

Users remain responsible for ensuring that their participation complies with applicable laws, eligibility requirements, regulatory obligations, and professional standards relevant to their activities.

Use of the Platform — including profile access, interaction, communication, or agreement execution — constitutes acceptance of these Terms and the applicable commercial framework.

IBMG Markets may request verification or supporting documentation where necessary to maintain the integrity, security, and reliable operation of the Platform.

3. Platform-Originated Relationships

Professional relationships are formed through exposure, discovery, and interaction enabled by the Platform.

A relationship is considered Platform-originated where it arises directly or indirectly through Platform functionality.

Such relationships form part of the IBMG Markets ecosystem and operate within the framework established by these Terms.

4. Continuity of Relationships

Relationships originating through the Platform remain within the IBMG Markets ecosystem for a continuous period of twenty-four (24) months from the point of origination, and this period recommences with each new agreement, renewal, extension, or material amendment between the same parties.

The continuity period applies across all forms of engagement between the same parties, whether structured as direct contracts, contracts through intermediaries, contracts through personal services companies, or any other arrangement, and regardless of whether agreements or payments occur within or outside the Platform.

Users shall route all agreements and payments arising from Platform-originated relationships through the Platform during the continuity period. Where a User contracts directly with a Platform-introduced counterparty outside the Platform during this period, or structures an arrangement to achieve substantially the same effect, the User shall pay IBMG Markets liquidated damages equal to twenty percent (20%) of the gross value of the off-Platform arrangement, together with IBMG Markets' reasonable enforcement costs.

Users shall promptly disclose to IBMG Markets any agreement or arrangement entered into between Platform-introduced parties during the continuity period. IBMG Markets may, upon reasonable notice, request documentary evidence of compliance, including copies of executed agreements and payment records.

The Parties agree that the liquidated damages above are a genuine pre-estimate of the loss IBMG Markets suffers from off-Platform circumvention, including lost transaction fees and lost continuity within the ecosystem, and are not a penalty.

5. Commercial Model

The Platform is generally free to access and use.

IBMG Markets operates as a transaction infrastructure. Fees arise in connection with the processing, settlement, and administration of payments within the Platform.

Applicable transaction fees may apply to payment flows, including incoming payments, outgoing payments, currency conversion, and related infrastructure services.

Fees are presented within the payment flow prior to confirmation and apply prospectively.

Continued use constitutes acceptance of the applicable commercial framework.

6. Payment Infrastructure

IBMG Markets provides the payment infrastructure through which value is transferred within the ecosystem.

Users authorize IBMG Markets to receive, process, hold, and settle payments on their behalf in connection with Platform-originated relationships.

In order to maintain consistency, traceability, and integrity of transactions, payments connected to such relationships are processed through the Platform unless otherwise agreed.

A transaction is considered completed when the relevant engagement has been performed or confirmed in accordance with the applicable agreement and recorded within the Platform.

IBMG Markets may administer payment flows, including fee deduction, settlement, temporary holds, reversals, or offsets where reasonably required to support valid transactions, dispute resolution, regulatory compliance, or system integrity.

Users remain solely responsible for all applicable tax, reporting, and regulatory obligations associated with payments.

7. Agreement Framework

The Platform facilitates the execution of agreements between Users.

Such agreements operate as transaction-specific implementations within the broader Platform framework.

These Terms govern participation, relationship origination and continuity, payment infrastructure, and operational governance.

Individual agreements reflect the commercial terms agreed between Users and remain subject to these Terms.

8. Data, Records & Systems

IBMG Markets maintains system records, including activity logs, transaction data, communication records, and contractual documentation, to support reliable operation of the Platform.

Such records may be used for operational purposes, dispute resolution, fraud prevention, compliance, analytics, and product development.

Anonymized and aggregated data may be used to support benchmarking, ecosystem insights, and platform optimization.

The Platform is designed to operate as a neutral and consistent environment supported by structured, reliable system records.

9. Digital Records

Platform-generated records, including timestamps, activity logs, communications, payment records, and electronic signatures, constitute valid and admissible evidence.

Electronic execution through the Platform constitutes legally binding acceptance.

10. Dispute Resolution

Users are encouraged to resolve disputes directly.

IBMG Markets may assist by reviewing platform records, facilitating dialogue, or managing payments where appropriate.

IBMG Markets may also temporarily restrict or hold payments where reasonably necessary to support dispute handling or system integrity.

Unresolved disputes shall be settled by arbitration in Copenhagen, Denmark, under Danish Institute of Arbitration rules, in English.

11. Liability

To the extent permitted by law, IBMG Markets' liability is limited to the transaction fees received in relation to the relevant transaction.

IBMG Markets is not responsible for the performance of Users or the outcome of engagements.

12. Governing Law

These Terms are governed by the laws of Denmark.

13. Updates

IBMG Markets may update these Terms to reflect the evolving operation of the Platform.

Continued use constitutes acceptance of updated Terms.