Global Driver Vehicle Branding Terms and Conditions

Version posting date: 20.07.2020

The driver vehicle branding terms and conditions (“Branding Terms”) constitute an extension of the agreement between Bolt and Driver for the use of the Bolt platform (applicable “General Terms for Drivers” found here: https://bolt.eu/en/legal/) and are applicable to Drivers who elect to provide the Services (defined below) to Bolt. Through registering to provide Services via the opt-in form, you accept the Branding Terms and the obligation to provide the Services. All capitalized terms used herein and not otherwise defined in the General Terms for Drivers will have the meanings set forth below. For sake of clarity, these Branding Terms do not apply to Drivers who are registered as providing services through a fleet company.

1. SERVICES

Drivers agree to provide the Services to Bolt in the applicable market where the Driver is registered. “Services” shall consist of:

● applying Bolt marketing stickers to the Driver’s vehicle; and ● (with the stickers on the vehicle) driving on the Bolt platform for a prescribed minimum number of rides or time in accordance with criteria specified and communicated by Bolt from time to time.

Further description and details of the Services shall be communicated by Bolt on an ongoing basis. All direct communication from Bolt to the Driver will be made to the Driver by way of email to the email they have registered in their Bolt Driver account or in-app message through the Bolt Driver app. Bolt may provide additional details on the Services through driver FAQ, the Bolt blog, or in the registration form. Bolt has the right to monitor the provision of the Services.

Drivers shall only use stickers for the Service approved by Bolt and produced by Bolt’s designated third-party provider. In certain cases, Bolt may bear the costs of installation of the Stickers for the Services when provided through Bolt’s approved Sticker installation provider, which shall be advised to the Driver from time to time and is subject to change. The Driver shall be responsible for the cost of sticker removal at the termination of the Services.

2. DRIVER REQUIREMENTS

In order to provide the Services, Drivers must maintain the following “Driver Requirements”:

● have a Bolt Driver account in good standing; ● pass a regular branding verification at a designated inspection point or online verification system as communicated by Bolt from time to time; ● keep sticker marketing materials on the Vehicle and in good condition; ● obtain a license for marketing and ensure the license is kept up to date (where required); ● cooperate with Bolt in all matters relating to the Services, and comply with Bolt’s instructions, including directions regarding the quality of the Services and requirements of the General Terms for Drivers; and ● not to act in any way which may, at Bolt’s sole discretion, damage the reputation of Bolt. This includes, but is not limited to, associating Bolt brand with regulated products and services such as alcohol, tobacco, casinos, age-limited content, or political parties/issues.

Drivers who fail to meet and maintain all requirements will, at the sole discretion of Bolt, not be entitled to the compensation for that bonus period and may permanently lose eligibility to provide the Services.

3. COMPENSATION BONUS

In exchange for the Services and meeting the Driver Requirements, Bolt will pay the Driver a bonus (the “Branding Bonus”) of which the amount and frequency shall be communicated to the Driver via email or in-app message through the Bolt Driver app and may vary from time to time. Payment of the Branding Bonus will be made to the Driver’s Bolt account only and may not be redeemed in any other way. If the Driver has existing debts to Bolt, the Branding Bonus may be used to offset this debt first.

4. BOLT TRADEMARK

Bolt hereby grants to the Driver for the duration of these Branding Terms a non-exclusive and non-transferable license to use marketing stickers in accordance with the instructions provided by Bolt, solely for the purposes of providing the Services. The Driver shall not use or register any domain name, trademark or business name that contains any of Bolt Marks or their variations or misspellings or are otherwise identical or confusingly similar to the same without Bolt’s prior written consent.

5. INDEPENDENT CONTRACTOR

At all times Driver remains an independent contractor providing the Services to Bolt. The Driver shall not present itself as an employee, worker, agent or partner of Bolt. Nothing in this the Branding Terms is intended to, or shall be deemed to, establish any partnership or joint venture between any of the parties, constitute any party as the agent of another party, or authorize any party to make or enter into any commitments for or on behalf of the other party. Each party confirms it is acting on its own behalf and not for the benefit of any other person.

6. TERMINATION

Bolt may terminate these Branding Terms at any time by notifying the Driver. The Driver may terminate these Branding Terms at any time upon notifying Bolt and successfully removing the stickers from the vehicle. In case the Branding Terms are terminated by Bolt due to breach by the Driver, any outstanding Bonus owed for the services will immediately be terminated and the Driver will be obligated to return any Bonus which was paid during the time the Branding Terms were in breach. The driver is required to notify Bolt of the removal of the stickers immediately through emailing Bolt at the contact information given in the registration form.