Ticketing Agreement

This Ticket Service Agreement ("Agreement") is entered into by and between Grupo, LLC ("Grupo") and users of grupos event management platform.

1. Services Provided:

1.1 Grupo agrees to provide ticketing services for events hosted by the Host through its event management platform.

1.2 The services include, but are not limited to, the creation and management of event pages, ticket sales, attendee management, and customer support.

1.3 Grupo shall charge a service fee to attendees for each ticket sold, which comprises a percentage fee and a fixed fee on top of the ticket cost. The service fee is calculated as 3.7% of the ticket cost plus $2.25 per ticket.

1.4 Additionally, Grupo shall facilitate payment processing through a third-party payment gateway, Stripe. Stripe charges a processing fee, which includes a percentage fee and a fixed fee per transaction. The current Stripe processing fee is 2.9% of the transaction amount plus $0.30 per transaction.

2. Ticket Pricing and Revenue:

2.1 The ticket prices set by the Host for each event shall be determined solely by the Host.

2.2 Grupo shall add its service fee and the Stripe processing fee to the total ticket cost, which shall be borne by the attendees.

2.3 Grupo shall not take any revenue from the ticket sales. All proceeds from ticket sales, shall be remitted to the Host's designated account.

3. Payments:

3.1 Grupo shall collect payments from attendees on behalf of the Host through its chosen payment gateway.

3.2 Grupo shall add its service fee and the Stripe processing fee to the total ticket sales revenue.

3.3 Payments to the Host shall be made after the conclusion of the event, provided that there are no outstanding disputes or issues.

4. Taxes:

4.1 The Host is solely responsible for any applicable taxes, including but not limited to sales tax, VAT, or income tax, related to the event and ticket sales.

5. Term and Termination:

5.2 In the event of event cancellation, Grupo shall settle any outstanding payments to the Host within a reasonable timeframe.

6. Confidentiality:

6.1 All parties agree to maintain the confidentiality of any proprietary or sensitive information disclosed during the course of this Agreement.

7. Governing Law:

7.1 This Agreement shall be governed by and construed in accordance with the laws of Colorado, USA.