COMPENSATION FOR QUALIFIED TRADERS ONLY. IN ADDITION TO ANY OTHER TERMS AND CONDITIONS SET FORTH ANYWHERE IN THIS AGREEMENT OR UNDER APPLICABLE LAW, AFFILIATE SHALL NOT BE ENTITLED TO RECEIVE ANY AFFILIATE FEE FOR ANY TRADER UNLESS AND UNTIL SUCH TRADER HAS BEEN APPROVED AND QUALIFIED BY THE COMPANY AS A QUALIFIED TRADER. FOR THE REMOVAL OF ANY DOUBT IT IS HEREBY CLARIFIED THAT THE COMPANY RESERVES THE RIGHT, AT ITS SOLE AND ABSOLUTE DISCRETION, TO CHANGE, MODIFY, ADD OR REMOVE, AT ANY TIME, ANY CRITERIA APPLYING TO ANY OF THE COMPENSATION PLANS, INCLUDING WITHOUT LIMITATION, SETTING ANY BASELINE, THRESHOLD, MINIMUM DEPOSITS/EARNINGS AND/OR OTHER REQUIREMENT(S) FOR QUALIFYING INTO ANY OF THE COMPENSATION PLANS AND/OR FOR RECEIVING ANY AFFILIATE FEE SET FORTH HEREUNDER.
COMPENSATION FOR QUALIFIED TRADERS ONLY. In addition to any other terms and conditions set forth anywhere in this Agreement or under Applicable Law, you shall not be entitled to receive any Affiliate Fee for any Trader unless and until such Trader has been approved and qualified by Axi as a Qualified Trader. For the avoidance of any doubt it is hereby clarified that Axi reserves the right, at its sole and absolute discretion, to change, modify, add or remove, at any time, any criteria applying to any of the compensation or Axi CPA Plans, including without limitation, setting any baseline, threshold, minimum deposits/earnings and/or other requirements for qualifying in any of the compensation or Axi CPA Plans and/or for receiving any Affiliate Fee set forth hereunder. Qualified Traders that perform a withdrawal amounting to 50% or more of their initial deposit in the first 30 days since trading commenced are not eligible for commission Axi CPA Plan payment and only Qualified Traders who have completed the required Qualified Trades within the 60 days limit will be applicable. Fees for Qualified Traders are set out in Appendix A.
