Terms & Conditions
 

Everybody of legal age (including citizen / residents of all states) can open one - or more - account(s) at DGD.

To open an account the applicant must fill in the electronic signup form true, correct and confirm that he/she has read, understood an agreed (in) the Terms and Conditions.


An account becomes active once the user has purchased his first (Basic-)Diamond of 0,05 carat. For each active account one (basic-)diamond (0,05 carat - equal to 5 points) has to be purchased. This purchase shall be made within 30 days after opening of the account.
If one likes to buy more than one (Basic-)Diamond he must open another (additional) account. Each Account can have one (basic-)Diamond only.
For each active referral the user will receive a commission in the form of additional points, which are equal to carats-percentage (100 points equals 1 carat). It is to be understood, that commissions are paid only for active accounts (sales), not for inactive accounts (signups only with no purchase).
The commission (points) will be added to the users basis-diamond.
Commissions will be counted in points and will be added over 6 levels deep in the value as mentioned on the website.
Accounts which are not active (showing no own purchase) will receive no commissions and may be deleted one month after opening. 

Real natural Diamonds delivered by DGD are of good commercial jewellery quality, round brilliant cut, white (Colour Grade G - I), flawless for the naked eye, very small inclusions to be seen only by experienced graders with 10 x magnifying (Grade approx. VS1 - VS2)

A user can ask for the payout of his (accumulated) diamond(s) at any time.
"Payout" means he/she will have sent his/her diamond(s) sent to him/her by registered, value declared letter.
The payout will be done automated once a user reached one carat (basic-diamond plus accumulated commissions).
Payouts will be effected completely including the basic diamond and all accumulated commissions-carats in one lot - a partial payout is not possible. Also it is not possible to leave the basic-diamond to accumulate further commissions on this basic stone. To accumulate further commissions exceeding 1 carat in total the user has to open another account and start cycling again.
Payouts are recommended at this carat-weights: 0,05 ct. (first purchased basic diamond), 0,25 ct., 0,50 ct., 0,75 ct. and 1,0 ct.  
At this weights payout is free of additional charges, if a payout of weights in between this values is requested a 25,- $ surcharge will be due.
Delivery of Diamonds will be effected by registered, value declared (insured) letter wherever this service is available by the postal service. If this service is unavailable to the area where the partner reside, the delivery will be effected either by regular (registered) letter or by courier-service at additional cost if requested.
Delivery is free of charge for each full 1 carat, if delivery of other (lower) weight(s) is requested, the delivery will be charged with US$ 75,-
Delivery usually will be effected immediately after the User request the payout, but may take up to 6 weeks - depending on market situation and availability of stones with our suppliers. First delivery (after program launch) will start once all payments are assigned to the accounts activated within the 30-day period (after September 10th, 2005 )
Separate Certificate(s) for the diamond(s) to be delivered can be ordered at additional cost.


Since the value of diamonds is fluctuating, DGD will not estimate the price of the stones and also Diamonds will not be exchanged in cash money by DGD. However, since diamonds are traded in USDollar only, the prices in this program are based on USDollar currency.

DGD-Accounts may be sold, put up for auction or transfer
red – for free or paid – to any other user. The proceeding is up to the users and at their own risk. 

All accounts opened during the prelaunch phase (no matter when between July
8th  and August 8th 2005 they had been created) need to be activated by a purchase till September 10th 2005. Starting with this deadline all payments will be recorded and all commissions will be credited accordingly. At the same moment all prelaunch accounts which had been not activated will be locked resp. terminated.

If one has more accounts, but is unable to activate them all before this deadline because of financial problems he may
>  sell or transfer his accounts timely before Sept. 10th  
>  apply for an instalment option 

To claim such an instalment option the user must have at least 2 accounts with active downlines in his own name and at least 51% of them has to be activated by a purchase already. An individual activation plan can be arranged for the remaining accounts (which will extend the deadline for this payments over September 10th 2005). If such an option is utilized all diamonds – also from the already activated accounts will be kept in the custody of DGD unless the activation plan for all accounts had been fulfilled. No diamonds can be sent in advance. Also such accounts (neither the activated nor the still not activated) are not allowed to be sold or transferred to another user. The account(s) with the smallest number of partners in the downline will be the first to become activated during the instalment period.

If one has more than 15 accounts an instalment rate less than 51% can be arranged individual. In general all instalment options need at least one account to be activated per month and the activation plan must be finalized within 6 month.
However, during an instalment period the user may open
new additional accounts. Such new accounts has to be activated within the regular 30-day period.
To apply for an instalment option a formless request (E-mail)
including the ID of all accounts which should be covered by the agreement has to be sent till latest September 8th 2005 to support@dgd-diamonds.com  
(Read the FAQs for further details) 
.
Prelaunch- / Founding-Members activating their account(s) within the first week after launch (payment arrived till August 15th 2005) will receive one partner assigned to his / her first level downline for free – this apply for each account activated in time, means a person can have one partner for each account. Valid as long as unassigned accounts are available, accounts will be assigned based on first comes first served.

User agree to receive further information regarding DGD and the programs proceeding by email
Users may terminate their accounts whenever they like.
To delete an account the UserID and the password must be sent (first welcome mail should be returned with the delete-inquiry). Or change your dates by yourself  to an x as described at the end of the page FAQs

The Terms and Conditions may be changed and/or extended at any time.

All content of this website is copyright protected. It is not allowed to copy all or parts of this website or to translate all or parts of this website without written permission.

It is not allowed to promote this program by spam. If spam is used by a partner to promote DGD Diamonds his account will be suspended and all credits will become void.
The functions "mail entire downline" as well as mail addresses from (indirect - means all addresses except from level 1) downlines which are visible in the member area may not be misused for advertising mailings. All this functions are considered for necessary contacts regarding the DGD program only. It is not allowed to send any advertisement by this function or to addresses shown in the member area of your DGD-Downline. This will be treated as spam.


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Terms & Conditions as published during the prelaunch

Everybody of legal age (including citizen / residents of all states) can open one - or more - account(s) at DGD.

To open an account the applicant must fill in the electronic signup form true, correct and confirm that he/she has read, understood an agreed (in) the Terms and Conditions.

During the prelaunch sign up is free for everybody and everyone can open as many free accounts as he/she desire.

 

To open accounts are without any obligation, but all accounts can be activated after the program launched. User will receive commissions for his/her referrals with no limitation in width over 6 levels deep after program launched and the accounts had been activated.
User agree to receive further informations regarding DGD and the programs proceeding by email
Users may terminate their accounts whenever they like.
 
The Terms and Conditions will be completed with all further details when the program launch.
 
All content of this website is copyright protected. It is not allowed to copy all or parts of this website or to translate all or parts of this website without written permission.
 
It is not allowed to promote this program by spam. If spam is used by a partner to promote DGD Diamonds his account will be suspended and all credits will become void.
The functions "mail entire downline" as well as mail addresses from (indirect - means all addresses except from level 1) downlines which are visible in the member area may not be misused for advertising mailings. All this functions are considered for necessary contacts regarding the DGD program only. It is not allowed to send any advertisement by this function or to addresses shown in the member area of your DGD-Downline. This will be treated as spam.