DEFINITIONS

Pursuant to the terms and conditions of this agreement, the following terms shall have the following meanings: "ACO," "We," "ACO Digital," shall refer to Agency Couture, LLC and its companies or DBAs. Agency Couture, LLC may be interchangeably referred to as "ACO" or "ACO DIGITAL." Agency Couture is also commonly referred to as "ACo Digital," "ACo," or "ACo.Digital." "Sellers," referred to as "You," shall be referred to as "Vendors," "Consignors," or "Artists" and shall refer to any system user or in-store vendor for permanent or temporary use. "Clients," referred to as "You," shall refer to all system users, in-store customers, digital advisory or agency customers. "Buyers," referred to as "You," shall refer to any person who utilizes the app, websites, or stores to make a purchase of goods or services. "Wholesale Buyers," referred to as "You," shall refer to qualified store owners, store employees, or retail buyers acting on behalf of a company with a qualifying EIN, Tax Permit, and in compliance with all state regulations to qualify for wholesale. Wholesale buyers are required to submit all necessary documentation within the app to buy or sell at wholesale, and each wholesaler shall be solely responsible for taxes and tax liabilities for their company and is encouraged to consult a tax or accounting professional. "Retail Customer," referred to as "You," shall refer to buyers who purchase products at market value for personal use. "Clients," "You," and "Users," referred to as "You," shall refer to anyone hiring ACO or utilizing its websites, software as a service, or systems for business or personal use. For the purposes of these Terms and Conditions, the terms "Users" and "Subscribers" shall refer to any person who accesses, uses, or subscribes to the software as a service offered by ACO, including but not limited to, registered vendors and individuals working with ACO. For the purposes of these Terms and Conditions, the term "Service Provider" shall refer to an external contractor who provides services to ACO's Users and Subscribers, but is not otherwise affiliated or associated with ACO. ​​For the purposes of these Terms and Conditions, the term "Lead" also referred to as "Inquiry Data" shall refer to any potential customer or client information gathered or received by ACO. "Dropshipper," referred to as "You," shall refer to anyone participating in the act of dropshipping. "Dropshipping," "Drop-shipping," "Drop shipping" shall refer to any website that reposts or sells products from a secondary store or source without physically having possession of the product. The third party supplier, seller, or distributor shall ship products directly to the consumer.

Example:

Let's say that Sarah has a clothing store, called Store A, and has a variety of products in stock. However, her friend Dave wants to start his own clothing store, but doesn't have any physical products. Dave sets up an online store, called Store B, and partners with Sarah. Through this partnership, Dave is able to access Sarah's inventory and display all of her products on his Store B website. Dave decides to increase the prices of the products to make a profit for himself. When customers visit Dave's store and make a purchase, Dave sends the order information and payment to Sarah. Sarah then fulfills the orders and ships the products directly to the customers. In this example, Sarah is the supplier, Dave is the dropshipper, and the customers are the buyers. Both Sarah and Dave benefit from this arrangement, as Sarah can sell more products and Dave can run his own business without having to hold any physical inventory. "Dead Stock" or "Aging Products" shall refer to any tangible products or goods sold in a store that remains unsold for a period of more than 90 days.