Terms & Conditions

Kirakau N.V.

Last updated:


When You register at vera.partners (hereinafter – the "Website") as an Affiliate You enter into Agreement with the Company for promotion of Vera Casino Website.

Prior to accepting these Terms and Conditions, we kindly ask you to read them carefully and in their entirety. If you do not agree with any of these Terms and Conditions, please do not register your Affiliate account, and / or continue to use the Website.

Your use of the Website will signify your acceptance of the Terms and Conditions. The Terms and Conditions shall enter into force on the moment of publishing on the Website.

The current version of the Terms and Conditions is always available on the Website. We recommend You to check the Terms and Conditions from time to time to make sure that you remember all the provisions, agree with them and accept them.


Advertising Material
any communication sent or made available to the Customers to promote the Vera Casino and create links from the Affiliate Website(s)
you, the natural person or entity, who applies to participate in the Affiliate Program. Any references to "You" or "Your" shall be interpreted as references to you as an Affiliate
Affiliate Account
Your registered personal account that is created for You as an Affiliate on the Website
Affiliate Agreement
all the terms governing the relationship between You and Us, and include: (a) this Affiliate Program Terms and Conditions (including any future versions which may be applicable from time-to-time); (b) any separate agreements You and Us may enter into; (c) Privacy Policy; (d) any further agreements, notices, understandings, or rules, or guidelines which may be applicable to you from time-to-time at Our discretion
Affiliate Program
the collaboration between the Company and the Affiliate whereby the Affiliate will promote Vera Casino website and create the Links from the Affiliate Website(s) to the Vera Casino Website and thereby be paid a Commission depending on the traffic generated to the Vera Casino website as defined under this Agreement
Affiliate Website(s)
one or more websites on the Internet which are maintained and operated by the Affiliate
Approved Marketing Material
the banners, text, video and / or other online or offline promotional materials and any associated intellectual property rights thereto which is either provided by the Company or is consented by Vera Casino or created in line with this Agreement
Vera Casino
the Company and any related group company responsible for the operational activities of the Vera Casino website. Any references to "Us", "We" or "Our" shall be interpreted as references to Vera Casino
Vera Casino Website
the website with domain name vera.casino and of its mirrors/aliases and any other domain names as applicable in other jurisdictions;
Confidential Information
any information of commercial or essential value for any of the Parties such as, but without limitation, financial reports and condition, trade secrets, know-how, prices, business information, products, strategies, databases, information about Customers / Players and users of the Vera Casino Website, technology, marketing plans and manners of operation
Kirakau N.V., registration number 160189, registered address: Abraham de Veerstraat 9, Willemstad, Curaçao. The Company holds a valid gaming license No. 365/JAZ Sub-license GLH-OCCHKTW0705102022, issued by the Government of Curacao
the income the Affiliate earns based on the promotion of Vera Casino under the Affiliate Agreement
any Customer / Player registered on the Vera Casino Website, whether sourced by an Affiliate or not
Customer Account
shall mean
the Vera Casino Player account held by Customers of the Vera Casino Website
Intellectual Property Rights
any copyrights, patents, trademarks, service marks, inventions, domain names, brands, business names, utility brands, rights in computer software, source codes, rights in databases and know-how, design rights, Confidential Information, registrations of the aforesaid and / or any other rights in the nature of the aforesaid
Internet hyperlinks from the Affiliate Website(s) to the Vera Casino Website
the Company and the Affiliate (each a "Party")
natural person and / or entity that an Affiliate directs in any appropriate manner to vera.partners and who is linked to the Affiliate’s unique Affiliate account
Sub-Affiliate Deal
the Company’s approval for an Affiliate to refer Sub-Affiliates to the vera.partners

Affiliate Registration

  1. In order to become an Affiliate You have to register on the Website and provide us with requested information. This information may include: Your valid email address, Telegram/Skype contact, evidence of Your traffic channels active for the last 6 months. Such evidence may include screenshots, agreements or any other proof indicating geo, language, amount and means of obtaining traffic.
  2. We may request additional information in order to assess your application.
  3. The Company shall notify the Affiliate in writing (via email or other preferable to the Affiliate means) whether the Affiliate Application is accepted or not.
  4. We may reject your application at any time and for any reason at our sole discretion. The Company’s decision is final and not subject to any right of appeal.
  5. Once confirmed in accordance with the above, the Affiliate is granted the non-exclusive right to promote Vera Casino Website in accordance with these Terms and Conditions.
  6. By registering an Affiliate Account the Affiliate accepts and agrees to abide by Affiliate Agreement.
  7. The Company in its sole discretion may refuse any Affiliate and / or may close any Affiliate's account if it is necessary to comply with Vera Caino’s internal policies and / or to protect the interest of Vera Casino. If the Affiliate is in breach of this Agreement, the Company may, besides closing the Affiliate's account take any other steps at law to protect its interests.

Your rights & obligations

  1. By applying to be registered as Affiliate, you warrant:
    1. You confirm that you are 18 years old or more;
    2. You have provided the Company with complete, valid and truthful information;
    3. You have obtained and will maintain in force all necessary registrations, authorizations, consents and licenses necessary to fulfill Your obligations under this Agreement;
    4. You shall comply with all applicable laws and regulations.
  2. By applying to be registered as Affiliate, you undertake:
    1. to use your best efforts to actively and effectively advertise, market and promote the Vera Casino Website as widely as possible in order to maximize the Parties’ benefits;
    2. to market and refer potential Players to the Vera Casino Website at its own risk, cost and expense;
    3. to ensure that all news, offers and promotions in relation to Vera Casino are current and up to date;
    4. to use only links provided within the scope of this Agreement; and
    5. to update or change Links under the first request of the Company;
    6. to be responsible for all material appearing on the Affiliate Website(s).
  3. The Affiliate hereby undertakes, represents and warrants that:
    1. it will not perform any act, and that the Affiliate Website(s) neither does nor will contain any material, which is libelous, discriminatory, obscene, threatening, unlawful or otherwise unsuitable or which contains sexually explicit, pornographic, obscene or graphically violent materials;
    2. it will not target any person who is under the legal age for gambling, and shall, for example, not provide facilities for gambling which are meant to appeal particularly to children or young people;
    3. the promotion of the Vera Casino shall be done in accordance with laws of the jurisdiction where such promotion take place and via up-to-minute Links provided by the Company;
    4. it acknowledges the Company's ongoing commitment for the prevention of gambling addiction and that the Affiliate will cooperate with the Company to actively reduce gambling addictions;
    5. traffic to the Vera Casino Website will not be generated by illegal or fraudulent activity;
    6. shall not generate traffic to the Vera Casino Website by offering guaranteed cash back or payback from own funds;
    7. the Affiliate may not use the Vera Casino Website or other terms, trademarks and other Intellectual Property Rights of the Company or its group companies unless the Company consents to such use in writing. The Company may terminate this Agreement if any spam complaints result from the Affiliate’s marketing activities for promoting Vera Casino Website.
    8. the Affiliate as well as its family members, relatives, friends, employees or any other person who is in connection to the Affiliate shall not create personal accounts in the Vera Casino Website using the Affiliate's own referral codes;
    9. not sell or transfer in other ways Affiliate’s Account without prior consent of the Company.
  4. The Affiliate reserves the right to engage Sub-Affiliate for promotion of the Vera Casino Website.
  5. The Company reserves the right to freeze the Affiliate’s account with immediate effect and / or deduct money from the Affiliate if any traffic is deemed to have been referred through fraudulent means or in breach of this Agreement.
  6. Upon acceptance of the Agreement by the Affiliate, the Affiliate shall create the Link which shall contain referral code to keep tracking of acquired New Customers and the sum of deposits / withdrawals of each acquired New Customer and Affiliate’s Commission.
  7. The Affiliate shall report the sources of his traffic at the request of the Company. In the event such information is not provided, payments to the Partner may be suspended. For websites, it is necessary to specify a URL (or an alternative path to the domain), for media / arbitrage traffic – an example of an ad and a screenshot of an advertising cabinet, for emailing – add email [email protected] to the mailing list and show the text and template of letters, for public posts in social networks, channels for streams or mobile applications – use of the correct links. If advertising is given in languages not used in the Affiliate Program, then you are obliged to translate it on request. We have the following priority in determining the sources of traffic: Promo-code, personal mirror, referal link.
  8. The Affiliates are prohibited from attracting branded traffic unless they have obtained prior authorization of the Company in written form. Branded traffic is traffic generated by requests that contain the names of the Vera Casino in various spelling variants, including typos. Also, sites with a copied or similar design to the original fall under the definition. It is strictly prohibited to use names of Affiliate Program projects or names of Affiliate projects with numbers, which may be similar to mirror of the project for branded traffic, for example vera1.casino,vera2.casino, veracasino1.. To attract Players at such requests, preliminary coordination with the Company is necessary. Once the Partner withholds the information about such sources of attraction, the Company reserves the right to suspend cooperation with the Partner and/or recalculate income for the current and past periods as per the branded traffic rate. The Company retains the right of the final decision on marking the Partner's traffic (Branded/Non-branded), including cases of using mixed sources.
  9. The Affiliates are allowed to use motivated traffic.

Rights & Obligations of the Company

  1. The Company shall provide the Affiliate with all information and Approved Marketing Material necessary for the implementation of the links and marketing materials. The Company shall not be responsible for the actual implementation of the links and Advertising Materials.
  2. In the event that the Affiliate creates its own Advertising Materials, such Advertising Materials shall be compliant with the provisions of this Agreement and approved by the Company prior to their promotion. The Company shall not be held liable for any fines and / or sanctions which are incurred by the Affiliate for the non-adherence with applicable rules and regulations.
  3. The Company shall administer the turnover generated via the Links, record the net revenues and the total amount of commission earned via the Links, provide the Affiliate with commission statistics, and handle all customer services related to the business of the Company.
  4. The Company shall pay the Affiliate its Commission depending on the traffic generated subject to the provisions of this Agreement.
  5. The Company shall use its reasonable endeavors to ensure that whenever a New Customer is directed to the Vera Casino Website and registers a new account, the relevant New Customer is identified as originating from the Affiliate’s Site. However, the Company shall not be held liable if it is unable to identify a New Customer as originating from such Site. The Company shall treat any New Customer application in accordance with Vera Casino’s Website Terms and Conditions.
  6. The Company reserves the right to request any information from the Affiliate for due diligence purposes in line with its obligations under applicable law.

Marketing Material

  1. Once successfully registered as an Affiliate, You will have access to banners, text, video and / or other online and offline promotional materials and trademarks (collectively "Approved Marketing Material"), subject to Our approval.
  2. Approved Marketing Materials may be placed on Your site, and / or be used via email and / or direct marketing and / or print media.
  3. You may not alter any of the Approved Marketing Materials or make use of other Advertising Materials without Our prior written consent.
  4. Use of promotional materials (graphics, video, logo, layout elements, text) of our project in order to promote Affiliate’s own projects is forbidden. In case of violation of this rule, the account of the Affiliate may be blocked without any notifications.
  5. It is forbidden to modify the logos of the Affiliate Program Projects in any way, including change of fonts and colors or any other changes.
  6. We provide you with various text and graphic materials (with the previous agreement). You are free to use any information from the casino website and from the lobby of the casino only in your own words. If the text is copied from the website of the casino “as it is”, we may terminate partnership with you or treat you traffic as branded.
  7. Information about Vera Casino Website and any other projects of the Affiliate Program in Affiliate’s reviews must be correct. In cases of false information, that differs from the information stated on the project sites, we may suspend partnership with the Affiliate.
  8. We may also offer to create additional Marketing Material upon your request.
  9. General rules for Advertising Materials are:
    1. Sales promotions shall always be clear and accurately advertised;
    2. Advertising Materials shall indicate that gambling activity promoted is to be only exercised by persons who are over legal age for gambling;
    3. Advertising Materials shall not give the impression that gambling can be a main source of income or an activity for the payment of debts;
    4. Advertising Materials shall always be in accordance with the company’s effort to promote social responsibility and responsible gambling;
    5. Advertising Materials need to clearly state that "Terms and Conditions apply" and also include all information about the promotion advertised.

Commission and Payments

  1. The Company agrees to pay the Affiliate the Commission for the promotion of Vera Casino Website depending on generated traffic, attracted Customers and engaged Sub-Affiliates.
  2. The Commission structure is as follows:
    1. Web-profit – the Commission paid to the Affiliate for the promotion of Vera Casino Website depending on generated traffic and attracted Customers to the Vera Casino Website by the Affiliate. Revenue Share – payments from the Casino income can be reached up to 50%. The Terms of Revenue Share are discussed individually and counted by formula: NGR = [Bets — Wins — (Issued Bonuses-Cancelled Bonuses) — (Positive Corrections — Negative Corrections)] * Admin Fee% Partner income = NGR * RS% CPA (cost per action). The Terms of CPA are discussed individually. To get paid upon the CPA model, the Affiliate's players must match the typical parameters of the attracted Players. In case of low activity of the Player - the Affiliate's income can be recalculated upon the Revenue Share model. Hybrid – any combination of Revenue Share and CPA tariffs. Fixed price - fixed price for each attracted Client.
    2. Sub-profit - the Commission paid to the Affiliate for the promotion of Vera Casino Website depending on the Web-profit of each directly engaged Sub-Affiliate by appropriate Affiliate. Sub-profit is set in the amount of 2% to 10% with or without maximum cap, from the Web-profit of each directly engaged Sub-Affiliate by appropriate Affiliate. For the avoidance of doubt, the Affiliate has the right to receive Sub-profit only from the Web-profit of that Sub-Affiliate who was directly engaged by the appropriate Affiliate.
  3. The Commission is calculated once per month and payments shall be made during 7 business days after the end of each month.
  4. Payment of Commission shall be made to your Crypto wallet.
  5. The minimum withdrawal amount shall be 100 EUR/USD.
  6. Payment details can not be changed later than 5 business days before the end of the billing period and until the end of the payouts.
  7. If an error is made in the calculation of the Commission, the Company reserves the right to correct such calculation at any time.
  8. If in the billing period there were winnings of players exceeding their funds, meaning if the players brought by the Affiliate caused a loss to the Casino, then the Affiliate’s income for this billing period equals zero;
  9. In case of overpayment, the Company reserves, without prejudice to any other rights, the right to request that the Affiliate refunds the difference, or deduct the corresponding amount of overpayment to the Affiliate from the following settling period’s Commission, and each period thereafter, until the debt is repaid in full.
  10. In case of underpayment, the Company reserves, without prejudice to any other rights, the right to add the corresponding amount of underpayment to the Affiliate’s Commission in the following period.
  11. The Affiliate's acceptance of the payment of the Commission shall be deemed to constitute the full and final settlement of the balance due for the relevant period.
  12. If the Affiliate disagrees with the balance due as reported, it shall notify the Company within thirty (30) days from the date of payment and state the reasons of the disagreement. Failure to notify the Company within the prescribed time limit shall be deemed to be considered as an irrevocable acknowledgment of the balance due for the period indicated.
  13. The Company may in its sole discretion withhold the payment of any balance to the Affiliate for up to sixty (60 days) if the Company needs to investigate and verify that the relevant transactions comply with the provisions of the Agreement.
  14. No payment shall be due if the Company has reasons to believe that the traffic generated by the Affiliate is illegal or is in breach of any of the provisions of the Agreement.
  15. The financial costs associated with the fraudulent activities of the Players, including such as fraud payments, chargebacks and similar actions that bring direct losses, are taken into account in calculating the Commission of the Affiliate. The Affiliate agrees to indemnify the Company for all costs and losses incurred in relation to such transactions (including, but without limitation, legal fees and costs). In the event the amount of the Affiliate’s earnings in the settling period is not sufficient to cover all losses (when the fraud was discovered) - the funds shall be withdrawn directly from the Affiliate balance in the Affiliate Program.
  16. The Affiliate shall have the sole responsibility to pay any and all taxes, fees and any other money payable or due both locally and abroad (if any) to any tax authority, department or other competent entity as a result of the compensation generated under this Agreement.

Affiliate Website and Links

  1. During the term of this Agreement, the Links shall be prominently displayed on the Affiliate Website(s) in accordance with provisions of this Agreement.
  2. The Company has the right to monitor the Affiliate Website(s) in order to ensure the Affiliate's compliance with the terms and conditions of this Agreement and the Affiliate shall provide the Company with all data reasonably requested in order to perform such monitoring.
  3. The Affiliate shall at all-time comply with data protection and privacy regulations, legislation and subsidiary legislation as may be applicable.
  4. Advertising Material sent to Customers by the Affiliate shall always contain an unsubscribe facility whereby the Customers can opt to stop receiving Advertising Material from the Affiliate. Should this facility be missing from the Affiliate’s end, any Advertising Material sent to the Customers would be considered as spam. In the event that Company receives any complaints from Customers about spam, the Affiliate may be required by the Company to provide proof that the opt-out function has been provided to the Customer.

Duration of the Agreement and Termination

  1. The term of this Agreement will commence on approval of Your registration on the Website and shall endure until terminated for any reason on notice by either Party.
  2. This Agreement may be terminated by either Party by giving thirty (30) days written (by email) notice to the other Party.
  3. This Agreement shall be automatically terminated:
    1. in the event that Company is precluded from offering the online gaming services to the Customers through Vera Casino Website;
    2. if either party is declared bankrupt or insolvent by court order or if any bankruptcy or insolvency proceedings are commenced against the other party or in the event of any similar situation indicating that the other party is insolvent.
  4. The Agreement may be terminated with immediate effect if we determine (in our sole discretion) that:
    1. Your site is unsuitable;
    2. You’re misusing the website. It is strongly prohibited to use Vera Casino Website(including logos, texts, drawings, videos, and layouts) to promote other projects;
    3. You are conducting your operations in a manner that is not compliant with the applicable law, and you are not taking steps to rectify such non-compliance;
    4. You refuse to act upon our specific written instructions relating to unauthorized and unapproved content relating to our Intellectual Property;
    5. You are conducting your operations in a fraudulent manner;
    6. You are using marketing material in an incorrect and / or inappropriate manner;
    7. You are making insults towards the support and administration of the Affiliate Program and / or projects; misrepresentation and / or false public statements about Affiliate Program and / or projects. Misrepresentation and / or false public statement is described as a text, action, or other manipulation of information from the side of the Affiliate that is not supported by any proof (screenshots, links, etc.). Text, image, or any other digital form, containing offensive language or any other direct / in-direct insults may be considered as insults towards the support and administration of the Affiliate Program and / or projects.
    8. You are in any way breaching any of the terms of the Affiliate Agreement.
  5. The Parties hereby agree that on termination of this Agreement:
    1. the Parties shall immediately and automatically have no further rights to exercise any of the rights granted to them under this Agreement and the Affiliate shall cease the use of any Intellectual Property Rights vested in the Company and the Vera Casino Website;
    2. Affiliate shall immediately remove all references to the Vera Casino Website from the Affiliate Website(s);
    3. the Affiliate must return to the Company any and all Confidential Information (and all copies and derivations thereof) in the Affiliate's possession, custody and control;
    4. the Affiliate will only be entitled to such Commission that is earned but unpaid as of the effective termination date of this Agreement.

Limitation of Liability

  1. We will not be liable for direct, indirect, special, punitive or consequential damages or for any loss, of any nature whatsoever, arising from or in connection with this Agreement or the Affiliate Program. Further, Our aggregate liability arising with respect to this Agreement and the Program shall not exceed the total Commission paid or payable by Us to You under this Agreement. Our obligations under this Agreement do not constitute personal obligations of Our directors, officers, consultants, agents or shareholders.
  2. Affiliate shall defend, indemnify, and hold the Casino and our electronic cash providers, suppliers, contractors, agents, their directors, officers, employees, and representatives harmless from and against any and all liabilities, losses, damages, and costs, including reasonable attorney's fees, resulting from, arising out of, or in any way connected with:
    • any breach by You of any warranty, representation, or agreement contained in this Agreement;
    • the performance of Your duties and obligations under this Agreement;
    • Your negligence, or;
    • any injury caused directly or indirectly by Your negligent or intentional acts or omissions, or the unauthorized use of Our banners and link or this Affiliate Program. Further, You will indemnify and hold Us harmless from all claims, damages, and expenses (including, and without limitation, attorneys' fees) relating to the development, operation, maintenance, and contents of Your site.


  1. All Information shall be treated as confidential. The Affiliate shall use the Confidential Information only for the purposes necessary to further the commitments of this Agreement. For avoidance of doubt, the Affiliate must not use the Confidential Information for any own commercial purpose or any other purpose other than those in this Agreement.
  2. The Affiliate agrees to avoid disclosure or unauthorized use of the Confidential Information to third parties unless with the Company’s prior written consent.
  3. The Affiliate shall only use Customer data provided by the Company.
  4. This clause shall survive the termination of this Agreement.

Intellectual Property Rights

  1. Nothing contained in this Agreement shall grant either Party any right, title to or interest in the Intellectual Property Rights of the other Party. For the avoidance of doubt, nothing in this Agreement shall constitute any license, assignment, transfer or any other right to any Intellectual Property Rights. It is understood that the Affiliate only has a right of use of the Approved Marketing Material provided by the Company.
  2. All Intellectual Property Rights created and / or deriving from this Agreement (including, but without limitation, advertising materials, databases and personal data) shall be and become the sole property of the Company without any rights to the Affiliate.
  3. At no time during or after the term of this Agreement shall a Party attempt, challenge, assist or allow others to challenge or to register or attempt to register the Intellectual Property Rights or any rights similar to the Intellectual Property Rights of the other Party or of any group companies of the other Party.


  1. Nothing contained in this Agreement, nor any action taken by any Party to this Agreement, shall be deemed to constitute either Party (or any of such Party's employees, agents, or representatives) as an employee, agent or legal representative of the other Party, nor to create any partnership, joint venture or association among or between the Parties, nor to confer on either Party any express or implied right, power or authority to enter into any agreement, commitment or to impose any obligation on behalf of the other Party.
  2. The text of this Agreement is made in English, which is legally binding. The translation of the Terms and Conditions into other languages is carried out for information purposes. If there is a discrepancy between the English text and the text in another language, the text of the Terms and Conditions in English shall prevail.
  3. Should any provision of this Agreement be invalid or unenforceable, then the invalid or unenforceable provision shall be either (i) amended as necessary to ensure its validity and enforceability, (ii) construed in a manner as if the invalid or unenforceable part had never been contained therein.
  4. No waiver in relation to this Agreement will be implied from conduct or failure to enforce any rights and all waivers must be in writing to be effective.
  5. Any notice given or made under this Agreement to the Company shall be sent by email to and marked for the attention of the Affiliate Manager unless otherwise notified by the Company. The Company shall send all notices by email to the email address supplied by the Affiliate in the Affiliate Application.
  6. The Affiliate may not assign this Agreement or any rights hereunder, by operation of law or otherwise, without the prior written consent of the Company. The Company may assign this Agreement and all its rights hereunder to any group company or third party.
  7. The Company's failure to enforce the Affiliate's adherence to all terms outlined in the Agreement shall not be construed to constitute a waiver of the right to enforce such right.
  8. The Company and the Affiliate will work in close cooperation at all times for the mutual benefit of making the provision of services in line with this Agreement a successful collaboration.
  9. Neither party shall be liable to the other for any delay or failure to perform its obligations under this Agreement if such delay or failure arises from a cause beyond its reasonable control, including but not limited to labor disputes, strikes, industrial disturbances, acts of God, acts of terrorism, floods, lightning, utility or communications failures, earthquakes or other casualty. If such an event occurs, the non-performing Party is excused from whatever performance is prevented by the event to the extent prevented provided that if the force majeure event subsists for a period exceeding thirty (30) days then either Party may terminate this Agreement with immediate effect by providing a written notice.
  10. Unless otherwise expressly agreed, this Agreement shall constitute the entire agreement and understanding superseding any agreement between the Parties. In case of conflict between this Agreement and any other agreements entered into between the Company and the Affiliate, the contents of this Agreement shall prevail. Each Party acknowledges and agrees that by entering into this Agreement, it does not rely on, and shall have no remedy in respect of, any statement, representation, warranty, understanding, promise or assurance (whether negligently or innocently made) of any person (whether Party in this Agreement or not) other than as expressly set out in this Agreement. Nothing in this article shall operate to limit or exclude any liability for fraud.


  1. The Company reserves the right to supplement, amend, delete or add any Rules of this Agreement at any time and its discretion. You will receive a notification about changing rules to the affiliate program account.
  2. Any amendments, alterations, deletions, interlineations or additions to these Terms and Conditions shall be effective immediately upon notice, by display on the Website (hereinafter - the "Notice"). Your use of the Website and / or continued marketing and promotion of Vera Casino Website after such Notice is given to You shall be deemed to be an acceptance of such changes.
  3. It shall be the sole responsibility of the Affiliate to keep updated with the latest version of this Agreement.

Governing Law and Jurisdiction

  1. This Agreement and any dispute or claim arising out of or in connection with it or its subject matter shall be governed by and construed in accordance with the law of Curacao.
  2. Each Party irrevocably agrees that the courts of Curacao shall have exclusive jurisdiction to settle any dispute or claim arising out or in connection with these Terms and Conditions.