Affiliate Lounge Terms & Conditions
WEBMASTER MARKETING AGREEMENT
Affiliate Lounge ("AL") is in the business of marketing and promoting online merchant services (the "Service"), which are accessed on the Internet through the use of a personal computer, a modem and/or direct Internet access. In this agreement the Service is defined as www.cherrycasino.com, www.casinodomain.com, www.apuestas.com, www.speedbet.com, www.casinoeuro.com and other sites that may be added to AL and that you accept expressively by activating your account for these sites.
The Referral Company who operates the website and desires to acquire from AL, and AL agrees to grant THE REFERRAL COMPANY, the non-exclusive right and license to advertise, market and promote the Service. AL shall reimburse THE REFERRAL COMPANY for these promotional services, in accordance with the following Terms and Conditions:
1. Grant of Promotion and Distribution License
1.1. AL grants THE REFERRAL COMPANY the non-exclusive, non-transferable right and license to advertise, market and promote the Service ("Promotion Rights"), in accordance with the terms and conditions hereof. All other rights and licenses not expressly granted to THE REFERRAL COMPANY herein are reserved by AL.
1.2. IF YOU DO NOT WISH TO ACCEPT ALL THE TERMS AND CONDITIONS OF THIS AGREEMENT, THEN YOU MUST NOT LINK TO THE Service.
2. Rights and Obligations of AL
2.1. AL shall retain the right to provide the Service in any form AL deems appropriate; and retains the right to change any part of the Service, at any time and in any manner AL deems appropriate, without prior notice to THE REFERRAL COMPANY. However, any strategic change of the Service that may affect the outcome for THE REFERRAL COMPANY shall be made with prior notice to THE REFERRAL COMPANY.
2.2. AL shall retain the right to cancel any part of the Service at any time and in any manner AL deems appropriate. However, should AL want to cancel any part of the Service, and /or any Promotional Rights, because of any failure or breach of these Terms and Conditions on behalf of THE REFERRAL COMPANY, AL shall give THE REFERRAL COMPANY notice of this fact in order to give THE REFERRAL COMPANY the possibility to correct the matter and overcome the failure.
2.3. Notwithstanding the terms of these Terms and Conditions, AL shall not be held responsible or liable for any loss of income, or loss of the ability to produce income, incurred by THE REFERRAL COMPANY; even if such losses should arise from the inability of AL to deliver the Services stipulated in these Terms and Conditions for any reason whatsoever, whether AL is at fault or whether a third party is at fault.
3. Rights and Obligations of THE REFERRAL COMPANY
3.1. THE REFERRAL COMPANY shall use its best efforts to actively and effectively advertise, market and promote the Service as to maximize the benefit to THE REFERRAL COMPANY and to AL.
3.2. THE REFERRAL COMPANY shall use its best endeavours to only engage in advertising, marketing and promotional efforts, which do not violate any law.
3.3. THE REFERRAL COMPANY shall bear all costs and expenses incurred in connection with the advertising, marketing and promotion of the Service; including without limitation, all costs directly related to marketing.
3.4. THE REFERRAL COMPANY will provide space for a banners and links on the website/media channel. The banners will be designed by AL and approved by THE REFERRAL COMPANY.
3.5. THE REFERRAL COMPANY may not use UCE (unsolicited mass email), also known as "spam", as a marketing tool to promote the casinos or the Affiliate Lounge. Should THE REFERRAL COMPANY use spam the Affiliate Lounge will close any account(s) and withhold funds immediately. Due to ongoing efforts, legal actions will be taken should the use of Spam be brought to AL's attention
4.1. As used herein, THE REFERRAL COMPANY's percentage (”Referral Percentage”) shall be defined as the compensation paid to THE REFERRAL COMPANY, based on the percentage of actual net revenue received from customers (the "Users"), who utilize the Service after being referred to the Service by THE REFERRAL COMPANY. The actual monthly Referral Percentage shall be equal to the percentage presented here of net monthly revenue (”Net Revenue”).
Net Revenue Brackets: Commission: Your Earnings: To calculate the Net Revenue Bracket,
the conversion rate $1 = €1 is used.
$/€0 - $/€10 000 30% Up to: $/€3 000.00
$/€10 001 - $/€20 000 35% Up to: $/€7 000.00
$/€20 001 - $/€30 000 40% Up to: $/€12 000.00
$/€30 001 - $/€50 000 45% Up to: $/€22 500.00
$/€50 001 - unlimited 50% Unlimited
A single spot $/€100 bonus will be rewarded to THE REFERRAL COMPANY when four of our casinos have made an accumulated Net Revenue of $/€400 each, from marketing performed by THE REFERRAL COMPANY.
Effective October 1, 2003 we no longer carry over negative balances. Furthermore, we now separate the casinos for payment purposes, meaning negative results at one casino won't affect your positive results at the others.
4.2 AL shall pay THE REFERRAL COMPANY each month for services rendered during the preceding calendar month. Payment shall be made prior to the 20th day of each month by transferring the funds to an account submitted to AL by THE REFERRAL COMPANY.
4.3. As of December 1st, 2005, THE REFERRAL COMPANY will be requested to split their players' transaction costs with AL.
4.4. AL shall have the right to withhold any and all payments to THE REFERRAL COMPANY if THE REFERRAL COMPANY is in breach of this these Terms and Conditions.
4.5. No VAT will be paid to THE REFERRAL COMPANY.
4.6. THE REFERRAL COMPANY has the right; at it own expense, to audit the systems and the figures related to this agreement.
5. Account Statements
5.1. All payments due to THE REFERRAL COMPANY shall be made on or before the twentieth (20th) day of each month, and will reflect payment for services rendered the preceding month. Payment shall be accompanied by a written statement that specifies the calculation of the sum to be paid to THE REFERRAL COMPANY based on net revenue received by AL with respect to the number of wagering Users. In addition, statements may be adjusted by AL from time to time to reflect overpayments, consumer charge backs and/or credits or underpayments to consumers by AL
5.2. THE REFERRAL COMPANY shall have the possibility to monitor the Referral Percentage and the payments in real time using an online monitoring system at a secure web site.
6. Term of Duration and Cancellation
6.1. AL and THE REFERRAL COMPANY has the right to cancel this Agreement with immediate effect if either party is in material breach of these Terms and Conditions.
6.2. This Agreement (the Promotion Rights) will be in effect from the day THE REFERRAL COMPANY starts using the Service. The Agreement may be terminated by AL or THE REFERRAL COMPANY at any time, by 30 days written notice.
6.3. If the Promotion Rights are cancelled, and THE REFERRAL COMPANY is not in default of these Terms and Conditions, THE REFERRAL COMPANY shall have the right to continue to receive a Referral Percentage on referred Users who continues to utilize the Service after being referred to the Service by THE REFERRAL COMPANY during four months after the day of the cancellation. Users that utilize AL facilities and services and all information relating to such Users shall remain the property of AL at all times.
7. Confidentiality and Non-Disclosure
THE REFERRAL COMPANY and AL each agree that each may have access to, and become acquainted with, Confidential Information of the other. THE REFERRAL COMPANY and AL each specifically agree not to misuse, misappropriate or disclose any such Confidential Information, directly or indirectly, to any third party.
8. Representations, Warranties and Indemnity
8.1. Both parties warrants, represents and covenants that they have all necessary rights, licenses, permissions and business permits; and will comply with all applicable laws, rules and regulations in connection with promoting the Service to Users.
9. Governing Law
This Agreement shall be governed by and construed in accordance with the law of Costa Rica.
AL may modify any of the terms of this Agreement at any time, in our sole discretion, by emailing THE REFERRAL COMPANY a change notice or by posting the new Agreement on our Site. Modifications may include, for example, changes in the scope of available Marketing Fees, Marketing Fee percentages, time for payment and marketing rules. IF ANY MODIFICATION IS UNACCEPTABLE TO THE REFERRAL COMPANY, YOUR ONLY RECOURSE IS TO TERMINATE THIS AGREEMENT. CONTINUED PARTICIPATION IN THE PROGRAM FOLLOWING POSTING OR NOTICE OF CHANGE WILL BE DEEMED BINDING ACCEPTANCE OF THE MODIFICATION.
IN WITNESS WHEREOF, THE REFERRAL COMPANY expressly agrees to the terms and conditions of this Agreement by activating the account at AL.