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CPA AGREEMENT

TERMS AND CONDITIONS

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CPA Agreement Terms and Conditions

By opening a partner’s account with BullBinary the intermediary (Affiliate/IB) accepts that this agreement has

been read, understood and accepted, in combination with the BullBinary Affiliate Agreement and all the

relevant terms and conditions as described in both documents.

This agreement is made between the Bull Markets (BM) Ltd which is the operator of the Partners’ Program,

(thereinafter called ‘the Company’) and the Intermediary (also called ‘the Partner and/or IB and/or Affiliate’).

The Intermediary is entering into this Agreement to be compensated according to an agreed CPA plan and any

services offered by the Intermediary to the clients are offered because the Intermediary is approved and/or

qualified to offer such service(s).

NOW IT IS HEREBY AGREED AS FOLLOWS:

This agreement shall come into effect immediately following the registration into the partner’s area of the

company and is valid for an indefinite period, unless terminated under the relevant provisions of the BullBinary

Affiliates Agreement.

The Intermediary will act as a mediator between the Company and prospective clients and will act as a

facilitator for the conclusion of qualified live trading accounts between the Company and prospective clients

in relation to the provision by the company of the investment service of the reception and transmission of

orders in relation to one or more financial instruments.

The CPA plan is an affiliate compensation plan where the affiliate is paid according to the number of qualified

live accounts that refers to BullBinary websites (www.bullbinary.com and/or www.bull888.com) which have

deposited and generated the minimum required trading volume, as described on the CPA Commissions table,

found below, on page 4.

The introduced clients to the BullBinary websites by the Affiliate can be automatically identified and

allocated to the affiliate account via the unique tracking link registered to the specific Affiliate/Introducing

broker/Intermediary through company’s partners’ area under the following conditions:

1. The company has approved the specific affiliate and the affiliate follows and applies the terms

and conditions of the BullBinary affiliate agreement and the CPA Agreement; and

2. The affiliate/introducing broker/intermediary is following the marketing guidelines of the

company using the available tools within the partner’s area; and

3. All copyrighted material and trademarked names and logos used in the course of activity under

this agreement, by the affiliate, shall remain the exclusive intellectual property of BullBinary;

and

4. The affiliate/introducing broker/intermediary shall market to and refer potential clients to the

BullBinary websites. The affiliate will be solely liable for the content and manner of such

marketing activities which must be professional, proper and lawful under applicable rules,

regulations or laws; and

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5. The client’s live trading account has been approved by the company and deposited the minimum

through one of the available deposit methods of BullBinary; and

6. The client has generated through his trading account the minimum trading volume as described

and agreed between the two parties on the CPA Commissions table, found below, on page 4;

and

7. The referred client is not already registered to BullBinary website(s) using a different email

address; and

8. The client has provided all required documentation based on the regulatory requirements

including a validated phone number; and

9. An affiliate/introducing broker/intermediary cannot place his own live trading account as a

referred client under his partner account.

10. The affiliate/introducing broker/intermediary shall be eligible to receive his monthly

commissions only if he introduces at least five (5) fully approved depositors that have generated

the required trading volume as set below.

BullBinary CPA Plan

The intermediary is entitled to be paid commissions based on the first time deposit of live qualified accounts

as per the CPA commissions’ table below, on a monthly basis. For a CPA commission to be payable the

required trading volume, described in the CPA table below, must be achieved, using real funds. (I.e Trading

volume achieved with virtual money received from the $25 No Deposit Bonus promotion is not counted

towards the CPA trading volume requirements.)

The monthly commission is payable on the 15th day of the following month. (I.e. payable commissions

generated in November will be paid on December 15.) If the trading volume requirements per live trading

account are not met, the CPA commission will be rolled over and paid on the 15th day of the following

month, when the trading volume requirements have been met.

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CPA Commissions plan based on First Time Deposit (FTD)

FTD (First Time Deposit) CPA (Cost Per Action) Requirement

From ($) To ($) Payout ($) Minimum Trading

Volume

100 199 100 X2

200 499 150 X2

500 999 250 X2

1,000 1,999 350 X2

2,000 4,999 400 X2

5,000 9,999 500 X2

10,000+ 1000 X2

The CPA Commissions apply on first time deposits, as described on the table above. The CPA will not apply

before the client has completed the required trading volume specified on the table above. Further, the CPA

commission plan applies only once per client and it does not apply for duplicate accounts (same client with

different email) or fraudulent deposits or deposits with the intention to chargeback after completing the

trading volume requirement.

The above cases do not constitute the full list of actions the company can take into consideration in order to cancel a payment to an affiliate. The company can withhold the payment of any pending commissions to any intermediary and/or Affiliate and/or Introducer in the cases where the Intermediary and/or the Affiliate and/or the Introducer has created illegitimate trading account(s) simply for generating affiliate commissions, and/or the clients introduced to the company by the Intermediary and/or the Affiliate and/or the Introducer made an initial deposit (FTD) without any trading activity or without reaching the required trading volume for commissions to be payable. Important Note: The company reserves the right to modify the commission plans and/or the payment terms at any time

without advance notice to the Intermediary and/or the Affiliate and/or the Introducer.