JJOHNSON ASSET RECOVERY
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Terms of Use

Overview

1. Welcome to Johnson Asset Recovery! We are an asset finder and locator service working with private and public legal guardians that locates, notifies, and recovers millions for our clients being held by said legal guardians in safekeeping in lieu of their original debtors.

2. These Terms of Use govern your use of our service. As used in these Terms of Use, "Johnson Asset Recovery's Locator Service," "our service" or "the service" means the service provided by Johnson Asset Recovery for notifying, disclosing, and detailing to previously unsuspecting clients, the location(s) of your funds being held in safekeeping by legal guardians, including all features and functionalities, website(s), and user interfaces, as well as all content and software associated with our service.

Agree

1. By using, viewing, or browsing information disclosed by Johnson Asset Recovery to self retrieve your funds, you accept and agree to "our service" Terms of Use, and our fee of 7% of the total assets recovered, as of Feburay 1st, 2023, payable to Johnson Asset Recovery, no later than 7 calendar days after your funds are received by you.

2. If you are a resident of the United States (including its possessions and territories), you agree to the Arbitration Agreement described in the Arbitration Section below to resolve any disputes with Johnson Asset Recovery (except for matters that may be taken to small claims court).

Disagree

1. If you do not agree to the terms of use, do not act on the information disclosed to you by Johnson Asset Recovery's Locator Service to recover your funds.

Billing

1. By using information disclosed to you, or by using "our service" to self recover your funds, you agree to our Terms of Use and, you authorize us to charge, bill, or invoice you a monthly service fee whenever applicable at the then current rate of 10% of the total assets recovered by you.

Non-Circumvention

1. You also agree not to: circumvent or attempt to circumvent, avoid, interfere, or bypass "the service", by any means, for any reason to avoid full payment obligation to "the service," during the term of this Agreement and for a period of five (5) years from the date of notification, self recovery of your funds, disclosure of the location of your held funds, dispute or breach of this Agreement. You agree to not accept the same or any similar services provided by any third party. You further agree your respective officers, managers, employees, successors or other third parties will not circumvent or deprive "our service" of full compensation.

2. If you or any third party circumvents "the service" or cause a breach of this Agreement and effect any claim action, in any way, directly or indirectly, whether voluntarily or involuntarily, then you must pay a legal monetary penalty that is equal to three (3) times the prospective fee "the service" would have realized from this Agreement, including, but not limited to, any and all expenses, late charges, legal fees and/or collection agency fees.

Governing Laws

1. This Agreement and all matters and disputes relating to it will be governed by and construed in accordance with the law of New York applicable to contracts, without regard to principles of conflict of laws. Venue and jurisdiction for any disputes will be Kings County, New York.

Arbitration Agreement

1. If you are located in the United States (including its possessions and territories), you and Johnson Asset Recovery agree that any dispute, claim or controversy arising out of or relating in any way to "our service," these Terms of Use, and this Arbitration Agreement, shall be determined by binding arbitration or in small claims court. Arbitration is more informal than a lawsuit in court. Arbitration uses a neutral arbitrator instead of a judge or jury, allows for more limited discovery than in court, and is subject to very limited review by courts. Arbitrators can award the same damages and relief that a court can award. You agree that, by agreeing to these Terms of Use, the U.S. Federal Arbitration Act governs the interpretation and enforcement of this provision, and that you and Johnson Asset Recovery are each waiving the right to a trial by jury or to participate in a class action. This arbitration provision shall survive termination of this Agreement and the termination of your locator service.

2. If you elect to seek arbitration or file a small claim court action, you must first send to Johnson Asset Recovery, by certified mail, a written Notice of your claim ("Notice"). The Notice to Johnson Asset Recovery must be addressed to: General Counsel, Johnson Asset Recovery, 10265 Rockingham Dr Suite # 100-4028, Sacramento, CA 95827 ("Notice Address"). If Johnson Asset Recovery initiates arbitration, it will send a written Notice to the email address used for your account. A Notice, whether sent by you or by Johnson Asset Recovery, must (a) describe the nature and basis of the claim or dispute; and (b) set forth the specific relief sought ("Demand"). If Johnson Asset Recovery and you do not reach an agreement to resolve the claim within 30 days after the Notice is received, you or Johnson Asset Recovery may commence an arbitration proceeding or file a claim in small claims court.

3. The arbitration will be governed by the Commercial Arbitration Rules and the Supplementary Procedures for Consumer Related Disputes (collectively, "AAA Rules") of the American Arbitration Association ("AAA"), as modified by this Agreement, and will be administered by the AAA. The AAA Rules and Forms are available online at www.adr.org, by calling the AAA at 1-800-778-7879, or by writing to the Notice Address. The arbitrator is bound by the terms of this Agreement. All issues are for the arbitrator to decide, including issues relating to the scope and enforceability of this arbitration agreement. Unless Johnson Asset Recovery and you agree otherwise, any arbitration hearings will take place in the State of New York, Kings County.

4. YOU AND JOHNSON ASSET RECOVERY AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING. Further, unless both you and Johnson Asset Recovery agree otherwise, the arbitrator may not consolidate more than one person's claims with your claims, and may not otherwise preside over any form of a representative or class proceeding. If this specific provision is found to be unenforceable, then the entirety of this arbitration provision shall be null and void. The arbitrator may award declaratory or injunctive relief only in favor of the individual party seeking relief and only to the extent necessary to provide relief warranted by that party's individual claim.

Call Now JOHNSONASSET RECOVERY Estate & Asset Recovery Experts 10265 Rockingham Drive, Suite #100–4028 Sacramento, CA 95827 P: +1 347 699 8016 F: +1 833 216 6438