This Agreement between you and Microsoft Corporation (or, based on where you live, one of its affiliates) ("we," "us," "our," or "Microsoft") describes how you can redeem a gift card to your Microsoft account and make purchases using that gift card at participating stores owned by us (collectively "Participating Stores"), including but not limited to Microsoft Store online, Microsoft Store on Windows 10, Xbox One, and Xbox 360 (Xbox Live required), using your Microsoft account. When we use the term "gift card", we mean any physical or digital stored value card or voucher that’s redeemed to your Microsoft account and can be used to buy Products at Participating Stores. Unless you are in the European Economic Area (EEA) the gift card balance is issued and managed by Microsoft Corporation, a Washington Corporation, and/or its affiliates. If you are in the EEA, the gift card balance is issued and managed by Microsoft Ireland Operations Limited.

This Agreement has important terms about our relationship. It also incorporates our Microsoft Services Agreement, which includes the terms governing your Microsoft account and (for U.S. residents only) a binding arbitration clause and class action waiver that affects your rights about how to resolve any dispute with Microsoft.