Electric YERKA Bike Reservation Terms and Conditions

Introduction

Thank you for your interest in reserving the Electric YERKA bike. By placing a reservation, you secure exclusive pre-access to our upcoming Indiegogo crowdfunding campaign scheduled for April 2025. Please read the following terms and conditions carefully, as they outline the reservation process, payment terms, potential risks, and other important details.

Reservation Methodology

1. Reservation Fee

• Amount: A reservation fee of $100 USD is required to reserve your Electric YERKA bike.
• Fully Refundable: This reservation fee is fully refundable at any time before you complete your purchase during the Indiegogo campaign.

2. Confirmation

• Acknowledgment: Upon receipt of your reservation fee, we will send you an email confirming your reservation and providing details about your exclusive pre-access to the Indiegogo campaign.

3. Exclusive Pre-Access

• Early Access: Your reservation grants you special pre-access to our Indiegogo crowdfunding campaign in April 2025, allowing you to secure your Electric YERKA bike before the general public.
• Deduction of Reservation Fee: The $100 USD reservation fee will be deducted from the final price of the Electric YERKA bike during the Indiegogo campaign checkout process.

Payment Terms

1. Payment Method

• PayPal: All reservation fees are processed exclusively through PayPal for your security and convenience.
• Currency: All payments are processed in USD. Any currency conversion fees are the responsibility of the customer.

2. Final Payment During Indiegogo Campaign

• Completion of Purchase: During the Indiegogo campaign, you will be required to complete the purchase of your Electric YERKA bike by paying the remaining balance after the $100 USD reservation fee deduction.
• Failure to Complete Purchase: If you do not complete your purchase during the Indiegogo campaign, your reservation will be canceled, and your reservation fee will be refunded upon request.

Refund Policy

1. Cancellation by Customer

• At Any Time Before Purchase: You may cancel your reservation for a full refund at any time before completing your purchase during the Indiegogo campaign.
• Refund Process: To request a refund, please contact our customer service team at help@yerkabikes.com. Refunds will be processed via PayPal to the original payment account used during the reservation.

• Refund Time: Refunds will be processed within 2-3 business days after receiving your formal cancellation request. Please note that it may take additional time for the refund to appear on your account statement, depending on your financial institution or credit card issuer.

2. Cancellation by YERKA (Unilateral Refund Policy)

We reserve the right to unilaterally cancel your reservation and issue a full refund at our sole discretion under the following circumstances:

Inability to Fulfill Order:

• Supply Constraints: If unforeseen production or supply chain issues prevent us from manufacturing or delivering your Electric YERKA bike within a reasonable timeframe.
• Regulatory Restrictions: If legal regulations or restrictions in your country or region prohibit the sale or delivery of the Electric YERKA bike.

Fraudulent Activity:

• Suspicion of Fraud: If your reservation is flagged for suspected fraudulent activity or if we cannot verify the payment information provided.

Incorrect Pricing:

• Pricing Errors: In the event that a pricing error on our website leads to an incorrect reservation fee or order total.

Shipping Limitations:

• Undeliverable Locations: If we are unable to ship to the address provided due to logistical constraints or if additional shipping fees are not paid when required.

Violation of Terms:

• Terms Breach: If we determine that you have violated any of the terms and conditions outlined in this agreement.

3. Notification and Refund Process

• Prompt Communication: Should we need to cancel your reservation, we will notify you promptly using the contact information you provided at the time of reservation.
• Refund Method: A full refund will be issued via PayPal to the original payment account used during the reservation.
• No Further Liability: Upon issuing a full refund, we hold no further liability or obligation concerning your reservation.

• Refund Time: Refunds will be processed within 2-3 business days after receiving your formal cancellation request. Please note that it may take additional time for the refund to appear on your account statement, depending on your financial institution or credit card issuer.

Indiegogo Campaign Access

1. Campaign Details

• Launch Date: The Indiegogo campaign is scheduled to launch in April 2025.
• Special Perks: As a reservation holder, you may have access to exclusive perks or offers during the campaign.

2. Participation Requirements

• Indiegogo Account: You will need to create an Indiegogo account to complete your purchase during the campaign.
• Compliance with Indiegogo Terms: Your participation is also subject to Indiegogo’s terms and conditions.

Risks and Disclaimers

1. Dependence on Third Parties

• Crowdfunding Platform: The success and timelines of the Indiegogo campaign may be affected by factors related to the crowdfunding platform.
• Production and Delivery: Manufacturing and delivery are dependent on third-party suppliers and manufacturers. Delays may occur due to factors beyond our control, such as material shortages or logistical issues.

2. Variable Dates

• Estimated Dates: All provided dates, including the Indiegogo campaign launch and estimated delivery dates, are estimates and subject to change.
• Communication: We commit to keeping you informed about any significant changes to the campaign schedule or production timelines.

3. Regulatory Compliance

• Local Laws: It is your responsibility to ensure that the Electric YERKA bike complies with all local laws and regulations in your area.
• Import Duties and Taxes: Customers may be responsible for import duties, taxes, and customs fees upon delivery. These charges are not included in the product price or shipping cost and are the customer’s responsibility.

Additional Information

1. Product Specifications

• Subject to Change: As we refine our product, specifications may change. We will notify you of any significant modifications that affect your reservation.
• Final Specifications: The final product will meet or exceed the quality and performance standards advertised.

2. Warranty and Support

• Warranty Coverage: Each Electric YERKA bike comes with a 2-year warranty covering manufacturing defects.
• Customer Support: Our support team is available to assist you with any questions or concerns at help@yerkabikes.com.

3. Data Privacy

• Personal Information: We collect personal information necessary to process your reservation and provide updates. We are committed to protecting your privacy and will not share your information with third parties except as necessary to fulfill your reservation and purchase.

4. Limitation of Liability

• Usage Risks: We are not liable for any injuries or damages resulting from the improper use of the Electric YERKA bike. Please use the bike responsibly and in accordance with the user manual and safety guidelines provided.

5. Governing Law

• Jurisdiction: These terms and conditions are governed by the laws of Chile, and any disputes will be resolved in the courts of that jurisdiction.

Acceptance of Terms

By placing a reservation for the Electric YERKA bike, you acknowledge that you have read, understood, and agree to these terms and conditions. These terms are subject to change, and any updates will be communicated to you promptly via the contact information you have provided.

Contact Information

For any inquiries or assistance, please contact us at:

• Email: help@yerkabikes.com

Thank you for joining us on this exciting journey toward a more sustainable and innovative mode of transportation. We appreciate your support and look forward to providing you with an exceptional biking experience.