Price Slash Terms of Participation 

1. Price Slash Terms 

1.1. By participating in Price Slash, you (or the “Customer”) agree to be bound by the terms and conditions set out
herein (the “Price Slash Terms”), in addition to the Terms of Use for the Platform and the Terms
& Conditions of Sale, which are incorporated by reference into these Price Slash Terms. For the
avoidance of doubt, capitalized terms used and not defined herein have the same
meaning as given to such terms in the Terms of Use. In the event of a conflict
between the provisions of these Price Slash Terms and/or the Terms of Use
and/or the Terms & Conditions of Sale, the provisions of these Price Slash Terms
shall prevail to the extent of such conflict.  

2. Price Slash Conditions  

2.1. Price Slash is only available
to Customers who are eligible users (“Eligible
Users”) during the period of 1 November 2019 up to (and including) 11 November 2019 (“Campaign Period”). An Eligible User is a Customer who has installed
the LAZADA mobile app and registered for a Lazada customer account with Lazada Singapore Pte. Ltd. (“Lazada”). Eligible Users will only be
able to participate in Price Slash on the LAZADA mobile app after they have logged in.

 

2.2 Generally, Price
Slash involves having Eligible Users initiating a slashing session, and then attaining a specified number of slashes, for a participating product (“Product”).
This entitles him or her to place an order for that Product at a discounted price (also known as the Price Slash Price). The specific rules on how to play
Price Slash can be accessed at the “How to Play” page.  

2.2. An order is only placed for a Product upon successful payment in accordance with 2.3 below, and shall
be subject to acceptance by the relevant Seller of that Product in accordance with (and without prejudice to) the Terms
& Conditions of Sale. For the avoidance of doubt, initiating a slashing session or placing an order shall
not be considered as, or constitute, a reservation of the Product.  

2.3. 1.1. In addition to fulfilling the specified number of slashes for the relevant Product, an Eligible User shall only be entitled to purchase
the relevant Product at the Price Slash Price where full payment for such Product (together with any applicable delivery or payment fees, expenses or
charges) is made on the LAZADA mobile app on or before 11.59pm of the relevant
day of the Campaign Period on which such slashing was initiated (the “Payment Deadline”). Any Eligible User
who fails to make full payment of the Price Slash Price (together with any
applicable delivery or payment fees, expenses or charges) on or before the
Payment Deadline for the relevant Product shall not be entitled to, and shall deemed to have relinquished and
forfeited the right to, purchase such Product at the Price Slash Price. 

2.4. Lazada reserves the right to cancel any Order made by you in connection with, or arising from, Price
Slash where it determines in its sole and absolute discretion that you have breached these Price Slash Terms, the Terms of Use or the Terms &
Conditions of Sale, or if the relevant Product is unavailable. 

3. Customer’s Obligations 

3.1. You acknowledge and agree that:  

3.1.1. You shall comply with all applicable laws and regulations to the
fullest extent when participating in Price Slash. 

3.1.2. You shall comply with all third party terms (including, without
limitation, any applicable terms of use, policies and guidelines) provided by
sharing channels where such sharing channels are used to invite third parties
to slashing sessions, and you shall not, as part of your participation in Price
Slash, breach any of these terms. 

3.1.3. You are responsible for all information that you communicate,
submit, transmit or otherwise make available during your participation in Price
Slash whether to Lazada or third parties. 

3.1.4. You shall not participate in Price Slash or permit the participation
in Price Slash in any manner which may adversely affect other customers' participation
in Price Slash or the goodwill or reputation of Lazada. 

3.1.5. You shall not participate in Price Slash in a fraudulent manner,
including but not limited to participating in Price Slash with more than one
customer account. Each Eligible User can only participate with one customer
account. 

3.1.6. You are responsible for complying with these Price Slash Terms and
the Terms of Use. 

3.1.7. Participation in Price Slash shall be deemed to constitute your unconditional
and irrevocable acceptance of these Terms, the Terms of Use, and any other such
terms as may be notified to you by Lazada from time to time. 

3.1.8.Lazada, to the fullest
extent permitted by law, excludes all warranties, rights and remedies
(including warranties implied by statute or otherwise) that you would otherwise
be entitled to by applicable law.  

3.2. Where Lazada deems that you have breached of any of these Price
Slash Terms, or otherwise fraudulently participated in Price Slash, it reserves
the right to:  

3.2.1. prevent or restrict access of any Customer to Price Slash, the LAZADA
mobile app, or any of the Lazada Platforms; 

3.2.2. report any activity it suspects to be in violation of any applicable
law, statute or regulation to the appropriate authorities and to co-operate
with such authorities; and/or 

3.2.3. cancel any Orders placed during your participation in Price Slash.
 

4. Availability of Price Slash 

4.1. You acknowledge that Price Slash’s availability is subject to: 

4.1.1. the availability and functionality of resources including, without
limitation, the availability and functionality of the Platform; and 

4.1.2. the capability of Lazada’s systems at the time and location when Price
Slash is due to be operated or run for Eligible Users. 

4.2. You accept that Lazada
shall not be responsible to you for any loss, damage, fine, regulatory action, claim
or compensation of whatever nature arising from or related to Price Slash (“Liabilities”) including but not limited
to (i) your breach of these Price Slash terms, (ii) any alleged unauthorised transactions,
disruptions, errors, defects or unavailability of Price Slash, or (iii) any loss
of data or damage to any of your mobile equipment, to the fullest extent
permitted by applicable law. In the event that any Liabilities are not excluded
by the foregoing in this Clause 4.2, Lazada’s maximum aggregate liability to you in respect of such
Liabilities, whether under all applicable laws of contract, tort or otherwise,
shall be SGD 50 (or the equivalent value of such amount in the currency of your
jurisdiction), to the fullest extent permitted by applicable law. 

4.3. Lazada does not make any warranty or representation or undertaking
on the performance and capability of the Platform, Price Slash and/or any
software or hardware used with Price Slash, any application accessed by you using
the Platform and/or Price Slash, or the reliability or quality of the
underlying telecommunications network accessed by you using Price Slash. 

5. Data Collected by Lazada 

5.1. When you participate in Price Slash, we may collect information
from you, which may include personal information such as photographs, name and
username that you may upload, provide or use. 

5.2. Any personal information that we collect may be used by us, or
shared with or transferred to third parties (including related companies, third
party service providers, and other Eligible Users), for some or all of the
following purposes: 

(a) To display on
scoreboards on the Platform in relation to Price Slash; and/or 

(b) To otherwise facilitate
your use of Price Slash. 

5.3. For the avoidance of doubt, the Privacy Policy shall apply to all personal information referred to under these Price Slash Terms. 

6. Miscellaneous  

6.1. Any Clause in these Price Slash Terms, the Terms of Use, the Standard
Terms and Conditions, the Privacy Policy as well as such other terms and
conditions as may be agreed or accepted by you, that are invalid, unenforceable
or illegal shall be enforced as far as possible in accordance with its terms,
but shall otherwise be deemed severed and shall not affect the enforceability
of any other Clauses, terms and/or conditions which Clauses, terms and/or
conditions shall continue to be valid and enforceable to the fullest extent
permitted by law. 

6.2. Lazada reserves the sole right to alter, modify, add to or
otherwise vary these Price Slash Terms from time to time, and in such manner as
Lazada deems appropriate. In the event of variation of these Price Slash Terms,
if you continue to participate in or use Price Slash thereafter, you shall be
bound by the Price Slash Terms as so amended and shall be deemed to have
accepted the Price Slash Terms as so amended. 

6.3. Lazada shall not be liable for non-performance, error,
interruption or delay in the performance of its obligations under these Price
Slash Terms (or any part thereof) or for any inaccuracy, unreliability or
unsuitability of Price Slash if this is due, in whole or in part, directly or
indirectly to an event or failure which is beyond Lazada’s reasonable control.