iCompanion Terms and Conditions

iCompanion is a referral program introduced by iCompany where you may be part of iCompany revolution when introducing, referring, directing, redirecting or connecting new user(s) with iCompany’s web application system (“System”). The objective is to reward your participation in the program. For the purpose of this program, this iCompanion terms and conditions and any other applicable medium, you may be referred as “iCompanion”. Your engagement with the program in any manner whatsoever is subjected to your acceptance of this iCompanion Term and Conditions.


iCompany reserves the right, at its sole discretion, to change, modify, add or remove this iCompanion Terms and Conditions, in part or in whole, at any time, without prior notice to you. It is your responsibility and duty to check this iCompanion Terms and Conditions periodically for changes. Your continued engagement with the program following the posting of changes will mean that you accept and agree to the changes. As long as you comply with this iCompanion Terms and Conditions, iCompany grants you a personal, non-exclusive, non-transferable, limited privilege to enter the System.


1. Eligibility
You hereby agree that you are above 18 years old and have all necessary means, capacity, power and authority to accept, agree and confirm this terms and conditions and subsequently form a binding contract with iCompany. You shall not engage or participate in this program if you are not an eligible person to form this contract with iCompany.


This program shall only be applicable for Incorporation services and/or Switch Company Secretary services as may be provided by iCompany. iCompany may add or remove any applicable service for this program at any time without prior notice to you.


2. Process
Upon completing the required information for iCompany’s partner and/or iCompanion provided by the System, you will be contacted by iCompany via email, telephone, short message service and/or any other means necessary where we will provide you with the applicable link(s), magic link(s), code and/or promo code (“Link”) for the purpose of this iCompanion program. The Link may be forwarded by iCompanion to the third party to be utilized by such other party for the purpose of signing up as the new users of iCompany (“New User”).


The New User must successfully sign up using the said Link and subsequently proceed with the incorporation process and/or switch company secretary process as provided by the System (“Successful Referral”). For each Successful Referral, iCompanion will be eligible to receive cash reward, and the New User will receive discount as may be communicated by iCompany. Successful Referral(s) will be tracked by iCompany and rewards and discounts will be issued accordingly.


3. Rewards and Discounts
Cash rewards of RM50.00 or any other amount as may be communicated by iCompany from time to time may be issued to iCompanion and discount of RM50.00 or any other amount as may be provided by iCompany may be provided to the New User during or upon completion of the process as specified above. Subject to sole discretion of iCompany, iCompany may provide further rewards of:
(i) RM50.00 or any other amount as may be communicated by iCompany for the first year subscription renewal by the said New User;
(ii) RM30.00 or any other amount as may be communicated by iCompany for the second year subscription renewal by the said New User; and
(iii) RM10.00 or any other amount as may be provided by iCompany for the third year subscription renewal by the said New User.


4. Payment
The cash rewards earned will be paid out to iCompanion on a monthly or quarterly basis subject to the sole discretion of iCompany. The payment will be made to the account specified by iCompanion to iCompany in the method and manner acceptable to iCompany. The minimum payout threshold for cash rewards may apply and will be specified by iCompany.


The discounts earned by the New User through this referral program will be automatically applied at the time of purchase or payment by the New User. The discount will be deducted from the total amount payable by the New User for the eligible services i.e. Incorporation and Switch Company Secretary.


All cash rewards are denominated in Ringgit Malaysia and are subject to applicable taxes and deductions as required by local laws and regulations. iCompanion and/or the New User are responsible for any tax liabilities arising from cash rewards earned through this program.


5. Intellectual Property Rights
You hereby agree that all Intellectual Property Rights shall be in absolute ownership, possession and control of iCompany and you are only permitted to use such Intellectual Property Rights in connection with the these terms and conditions as are specifically permitted by iCompany. iCompany hereby clarify that no license or rights is granted in the Intellectual Property Rights to you or the New User these terms and conditions by implication or otherwise.


Notwithstanding anything contrary to these terms and conditions, in the event where you exploit the Intellectual Property Rights in such manner so as to license, sub-license, create derivative Intellectual Property Rights, use it otherwise not being in connection with terms and conditions, the same shall constitute a breach of this contract and iCompany reserves its rights to resort to legal proceedings against you for recovering damages and losses suffered or likely to be suffered.


6. Termination
If a iCompanion account is terminated or suspended for any reason, they will forfeit any pending or future cash rewards or discounts earned through this program. Without prejudice to the generality of the foregoing clause, iCompany reserves the right to terminate this contract with immediate effect for:
1. your breach of any term of these terms and conditions;
2. your action or omission which can cause legal or contractual liability for iCompany including but not limited to fraudulent conduct, your complaints, continuous unsatisfactory reviews by you, misconduct, negligence, and all other actions specifically prohibited under all applicable laws.
3. iCompany is also at liberty to terminate the contract at their discretion, where, in their opinion, continuance of the program is detrimental to the business interest of iCompany due to your act, such as the following:
1. Misbehavior, rude behavior with the staff of iCompany, or any other persons associated with the iCompany.
2. Any acts involving criminal offence punishable under law, including physical assault, threatening any of the staff of iCompany, person associated with iCompany and any other persons.
3. Concealment of fact / material information while entering into contract with iCompany.
4. Indulging in spreading content through digital media, social networking sites, or any other form, which could be detrimental to iCompany’s brand and its image.
5. Indulging in unauthorized disclosure of Confidential Information of iCompany to external agency, person, iCompany or organization.
6. Failure to abide by any of the rules and guidelines given by iCompany as part of service quality standards and principles.


Notwithstanding anything contained in this section, iCompany reserves the right to recover any amounts due and owed by you and take appropriate legal actions that may be available under all applicable laws and equity for recovery of any amounts due.


In the event where you intend to terminate this contract or withdraw yourself from the program, you shall notify iCompany in advance by giving a fifteen (15) days prior notice in writing of your intention to terminate this contract. The termination of these terms and conditions shall be effective upon the issuance of written notice of acceptance of termination by iCompany.


7. Amendment
iCompany reserves the right to change, modify, reinstate, amend or delete any terms and conditions, without prior notice, at any time and in its sole discretion, by posting a change notice or a new agreement on the System. You shall be responsible for keeping yourself apprised and informed of the revised terms and conditions at all times.


8. Miscellaneous
Force Majeure: Neither Party shall have any liability under or be deemed to be in breach of these terms and conditions for any delays or failures in performance of these terms and conditions which results from circumstances beyond the reasonable control of that Party such as acts of god, fire, earthquake, tempest, flood, lighting, violence of any army or mob or enemies of the country.


Assignment: No rights or liabilities under these terms and conditions can be assigned by any of the Parties hereto without the prior written consent of the other Party.


Waiver: No waiver of any part of these terms and conditions or consent to any departure from it by any Party shall be effective unless it is in writing. A waiver or consent shall be effective only for the purpose for which it is given. No default or delay on the part of any Party in exercising any rights, powers or privileges operates as a waiver of any right, nor does a single or partial exercise of a right exclude others.


Severance: Any provision of these terms and conditions which is invalid or unenforceable shall be ineffective to the extent of such invalidity or unenforceability, without affecting in any way the validity, legality and enforceability of the remaining provisions hereof.