TRADER MEMBERSHIP AGREEMENT
Last updated: 26 July 2025
This Trader Membership Agreement (the “Agreement”) is entered into as of the date on which 1Commerce.com approves the Trader’s application (the “Effective Date”) by and between:
Party | Details |
---|---|
1Commerce.com | A business‑to‑business (B2B) marketplace operating under the domain name https://www.1commerce.com, owned by ABBADAI GROUP S.A., a privately‑held Panamanian company with its principal place of business at 61 Damascus Street, Amman 11183, Jordan. Contact: info@1commerce.com |
Trader | The natural or legal person whose application for Trader Membership is approved by 1Commerce.com (the “Trader”). |
1Commerce.com and the Trader are each a “Party” and together the “Parties.”
A. 1Commerce.com has developed a decentralized, hybrid (online + offline) global B2B commerce network (the “Network”) to facilitate international trade.
B. The Trader desires to participate in the Network to engage in global trade activities under the terms of this Agreement.
3.1 Appointment. Upon approval, 1Commerce.com grants the Trader a non‑exclusive, non‑transferable Trader Membership in the Network.
3.2 Fees. No membership fee is charged for the Trader Membership.
4.1 Initial Term. The Agreement commences on the Effective Date and continues for one (1) year (the “Initial Term”), unless earlier terminated under Section 13.
4.2 Renewal. The Agreement may be renewed for successive one‑year periods upon mutual written consent of the Parties.
1Commerce.com shall endeavor to maintain and enhance the Network to maximise Trader benefits, including continuous platform improvements and access to support resources.
The Trader shall:
Abide by the 1Commerce.com Code of Ethics as amended from time to time.
Provide and maintain accurate, current, and complete information on the Network.
Complete the Trader Membership Application accurately and in full.
Assist in expanding and promoting the International Traders Network.
Collaborate professionally with other Traders and Members and promote 1Commerce.com within local markets.
Communicate effectively in English and the principal local language of the Trader’s market.
Traders may specialize in, but are not limited to, the following sectors: Agriculture, Chemicals, Electronics, Energy, Footwear, Forest Products, Machinery, Metals, Textiles, and related fields.
Traders may list products for sale, post product needs, offer liquidation lots, and collaborate across markets using the tools provided by the Network.
8.1 Transaction Commission. The Trader shall pay 1Commerce.com a commission equal to one percent (1%) of the gross transaction value on each completed sale facilitated through the Network (the “Transaction Commission”).
8.2 Referral Income.
Referral Type | Commission to Referring Trader | Duration |
---|---|---|
New Trader | 25% of the Transaction Commission collected by 1Commerce.com from the referred Trader | First three (3) years. |
New Representative | 5 % of all membership fees and commissions earned by the referred Representative (i.e., amounts actually paid to that Representative by 1Commerce.com) | First three (3) years. |
8.3 Payment Terms. Transaction Commissions and referral income are calculated monthly and payable within fifteen (15) days after the end of each calendar month, provided the amount due equals or exceeds US $50. Lesser amounts roll over to the next month.
Upon account activation, the Trader will receive electronic access to the Operations Manual via the “My 1Commerce” dashboard and must operate in accordance with that manual at all times.
10.1 Indemnity. The Trader shall indemnify, defend, and hold harmless 1Commerce.com, its affiliates, officers, directors, employees, agents, and shareholders from and against any and all losses, liabilities, damages, and expenses (including reasonable attorneys’ fees) arising out of or related to (a) the Trader’s breach of this Agreement, or (b) any negligent or unlawful act or omission by the Trader or its personnel.
10.2 Limitation. 1Commerce.com shall not be liable for indirect, incidental, special, or consequential damages, including lost profits, even if advised of the possibility thereof.
10.3 Service Interruptions. 1Commerce.com shall not be liable for damages arising from interruption or suspension of service, whether or not such interruption is justified, negligent, or intentional.
All trademarks, copyrights, patents, and other intellectual property associated with the Network are and shall remain the sole property of 1Commerce.com or its licensors. The Trader acquires no right or licence other than as expressly set forth herein.
The Trader acknowledges and accepts the business and technological risks inherent in participating in an online marketplace and assumes all such risks, whether arising from the Trader’s own actions or the actions of others.
13.1 By 1Commerce.com. 1Commerce.com may terminate this Agreement at any time, with or without cause, upon written notice to the Trader.
13.2 By Trader. The Trader may terminate this Agreement upon thirty (30) days’ written notice to 1Commerce.com.
13.3 Effect of Termination. Upon termination, all rights granted to the Trader cease, and Sections 10, 11, 12, 14, 15, and 16 survive.
Any dispute arising out of or relating to this Agreement shall be resolved first through good‑faith negotiations. Failing settlement, the dispute shall be finally resolved by binding arbitration in Panama City, Panama, before a single arbitrator in accordance with the rules of the International Chamber of Commerce (ICC) then in effect. Intellectual‑property claims by 1Commerce.com may be litigated in any court of competent jurisdiction.
This Agreement shall be governed by and construed in accordance with the laws of the Republic of Panama without regard to conflict‑of‑law principles. The courts of Panama City, Panama shall have exclusive jurisdiction to compel arbitration, enforce arbitral awards, or grant injunctive relief.
All notices under this Agreement must be in writing and delivered by (a) email to the addresses set forth in Section 1 or as updated by a Party in writing, or (b) reputable courier service with proof of delivery. Email notices are deemed received when the sender’s system records transmission without error.
If any provision of this Agreement is held invalid or unenforceable, the remaining provisions shall remain in full force and effect.
This Agreement constitutes the entire understanding between the Parties regarding the Trader Membership and supersedes all prior agreements. 1Commerce.com may amend this Agreement upon thirty (30) days’ written notice; continued participation after the notice period constitutes acceptance of the amendment.
This Agreement may be executed in counterparts (including by electronic acceptance through the 1Commerce.com platform), each of which shall be deemed an original and all of which together constitute one instrument. By clicking “I agree” during the application process, the Trader confirms agreement to all terms as of the Effective Date.