Where NexFusion Wireless (“NexFusion”) receives proceeds or revenues in the form of a Digital Currency, as defined herein, a portion of which is payable to a third-party as a royalty, profit share, percentage, commission, dividend, share, bonus, payment, premium, compensation, salary, or other remuneration (herein, a “Payment”), the Digital Currency shall be converted toand paid in U.S. Dollars (“USD”) by NexFusion in accordance with this Digital Currency Conversion Policy. As used herein, a “Digital Currency” is any currency, token, or other exchange medium that is managed, stored, and/or exchanged via computing systems independent of a central bank, examples of which include cryptocurrencies and virtual currencies.
A Digital Currency may be converted to USD, often, via one or more platforms. Additionally, in some circumstances, a Digital Currency may be converted to USD indirectly, via one or more intermediate currencies and/or Digital Currencies (an “Intermediate Medium/Media”).
The USD value of the any revenue received by NexFusion in the form of a Digital Currency will be converted into USD by NexFusion or a third-party service provider as follows: the Digital Currency received in the immediately preceding month shall be converted to USD based upon the actual market value of the Digital Currency in USD (alternatively, where conversion is via one or more Intermediate Media, based upon the actual market value of the Digital Currency in the Intermediate Medium and the Intermediate Medium in USD), as reflected on Coinbase Pro, www.coinbasepro.com, at 10:00:00 a.m. (ET) on the 5th day of each month, except that the 5th day of the month falls on a weekend or National Holiday, in which case, at 10:00:00 a.m. (ET) on next business day after the 5th day of the month.
Updated April 15, 2025
