This agreement (the "Agreement") is entered into by and between Money-Casino.com
(hereinafter referred to as "Company") and the Affiliate partner.
A. Company is in the business of operating on-line gaming websites.
B. Affiliate desires to obtain from Company and Company agrees to grant Affiliate
the non-exclusive right and license to advertise, market and promote the Service,
in accordance with the following terms and conditions.
1 Grant of Promotion and Distribution License
1.1 Company grants to Affiliate the non-exclusive, non-transferable right and
license to distribute to Affiliate customers, in accordance with the terms and
conditions herein, the specialized casino and gaming "Software" (the
"Software") which enables access to the Service. Affiliate shall not
under any circumstances reverse engineer, disassemble, recompile, or otherwise
attempt to render source code from the "Software", or to reproduce
or distribute the "Software" in source code format. Affiliate acknowledges
and agrees that the "Software" is the proprietary property of Company
and that it embodies substantial creative rights, confidential and proprietary
information, copyrights, trademarks and trade secrets, all of which shall remain
the exclusive property of Company and/or its licensors. Affiliate agrees to
include such proprietary rights notices, markings or legends on any advertisements
or promotional materials for the "Software" as Company shall reasonably
specify from time to time.
1.2 No payment will be made to Affiliate for customers who utilize Company’s
play-for-fun services.
2 Obligations of Company
2.1 Company will provide access to; (a) casino style games (b) merchant accounts,
(c) credit card authorization, (d) billing fraud control, (e) player deposits,
(f) commission earnings and reports, all in accordance with standard practices
and procedures. The choice of content for the Service, and the choice of persons
retained to deliver the Services, shall be determined by Company in its sole
discretion.
2.2 Company shall retain the right to provide the Service in whatever format
Company deems appropriate.
2.3 Company shall retain the right to cancel any part of the Service at any
time, without notice to Affiliate, in whatever manner Company deems appropriate.
2.4 Notwithstanding anything in this Agreement, Company shall not be held responsible
or liable for any loss of income or loss of ability to produce income, on the
part of the Affiliate, arising from any inability of Company to deliver the
Services contemplated in this Agreement for any reason whatsoever, whether Company
is at fault or whether a third party is at fault.
3 Obligations of Affiliate
3.1 Affiliate shall use best commercially reasonable efforts to actively and
effectively advertise, market and promote the Service as widely and aggressively
as possible so as to maximize the financial benefit to Affiliate and to Company.
Affiliate shall only engage in advertising, marketing and promotional efforts
which do not violate any law and which reflect positively upon the business
reputation of Company and its operations. In particular, Affiliate agrees to
market the product in a manner that is consistent with the content and style
of the Service. In connection therewith, Company shall have the right to review
and refuse the manner and methods of advertising, marketing and promotion used
by Affiliate in connection with the Service.
3.2 Notwithstanding any approval and/or refusal by Company given in accordance
with section 3.1 of this Agreement, Company shall under no circumstances be
held liable for, and Affiliate shall indemnify, defend and hold Company harmless
against, any and all claims asserted against Company by reason of Affiliate's
marketing and promotional efforts undertaken hereunder.
3.3 Affiliate shall bear all costs and expenses incurred in connection with
the advertising, marketing and promotion of the Service.
4 Compensation
4.1 As used herein, "Affiliate Percentage" shall mean the percentage
paid to Affiliate of the actual net revenue received from a user (the "Customer")
generated by the Affiliate, for approved use of the Service. The actual Affiliate
Percentage shall be a percentage of the Net Winnings which is agreed between
the parties. Unless otherwise specifically agreed between the parties, the percentage
shall be 30% of Net Winnings up to $5,000 US per month and 35% for all Net Winnings
between $5,000 to $10,000, 40% revenue share of monthly revenue between $10,000
to $50,000, and 45% revenue share of monthly revenue over $50,000 exceeding
$10,000 per month. "Net Winnings" shall mean the total amount wagered
in the casino less the total amount paid out as winnings and withdrawals, less
current monies held on behalf of players, and less the amount for all merchant
banking and transaction fees. The CPA plan shall be 70% commission for a first
deposit up to $100, $150 commission for a first deposit over $100.
4.2 Company shall pay Affiliate monthly, in accordance with this contract for
the preceding calendar month. Payment for the preceding month shall be made
prior to the 10th day of each month. Monthly commissions totaling less than
$200 will be held over until the next month, or such month when commissions
total $200 or more. Additionally, statements may be adjusted by Company from
time-to-time to reflect overpayments, consumer chargebacks and/or, credits or
underpayments by Company.
4.3 CPA plan payments shall be delivered on the condition that that Affiliate
has provided at least 6 players of whom at least two has made more than one
deposit.
4.4 Negative balance shall be carried over to the following month, unless the
Affiliate has proven profitability in accordance to Affiliate's aimed market.
5 Term and Termination
5.1 This Agreement shall commence and be deemed effective on the date when
accepted by an authorized representative of the Affiliate (the "Effective
Date"). This Agreement shall be deemed to be accepted by the Affiliate
once the Affiliate has completed all details required on the Sign-Up page, and
has hit the submit button to request Affiliate status from the Company.
This Agreement is in effect until the Company or Affiliate shall decide to
terminate it. Company shall have the right to terminate this contract at any
time, and for whatever reason. In this event, Affiliate shall be paid all commissions
due, and earned for a period of six months after date of termination, except
in the event of termination due to cheating or unethical marketing practices,
whereupon Affiliate’s account shall immediately be frozen and no further
payments made.
5.2 Upon termination of this Agreement, Affiliate shall immediately return
to Company any and all Company materials which Company has a proprietary right
in that are in Affiliate's possession and/or in the possession of Affiliate's
agents, servants and employees.
5.3 Customers using Company’s services and all information relating to
these customers shall remain the property of Company at all times during the
operation of this contract and after termination.
6 Exclusivity, Non-Competition and Ownership of Service Name
6.1 Affiliate agrees, understands and acknowledges that Company may enter into
Agreements of this type with third parties to promote the Service or a similar
version thereof.
6.2 Affiliate has not paid consideration for the use of Company’s or
Company licensors' trademarks, logos, copyrights, trade names, the Service names
referred to in Recital B, or designations, and nothing contained in this agreement
shall give Affiliate any right, title or interest in or to any of them. Affiliate
acknowledges that Company and Company casinos own and retain all copyrights
and other proprietary rights in all of the foregoing, as well as any Software
supplied by Company. Affiliate shall not at any time during or after this agreement,
assert or claim any interest in or to, or do anything which may adversely affect
the validity or enforceability of, any trademark, trade name, copyright, service
mark or logo belonging or licensed to Company or any of its casinos (including
any act or assistance to any act which may infringe or lead to the infringement
of any copyright in the "Software"). Without limiting the generality
of the foregoing, Affiliate shall not attempt to register, or assist any third
party in attempting to register any trademark, trade name or other proprietary
right with any governmental agency, federal, provincial, local or otherwise,
or with any other entity or authority, without the express, unequivocal and
unambiguous prior written consent of Company.
6.3 The parties agree that the financial terms and conditions of this Agreement
are to remain strictly confidential, and that neither party will disclose such
financial terms and conditions to any third party without the prior written
consent of the other party. This section shall not apply to disclosures which
are required by law (such as Company reporting requirements), by order of a
court with competent jurisdiction, or to each party's respective attorneys,
accountants, and business advisors under a similar duty of confidentiality.
7 Representations, Warranties and Indemnity
7.1 Affiliate warrants, represents and covenants to Company that: (a) Affiliate
has the full legal right, power and authority to enter into and perform this
Agreement, and to grant to Company the rights set forth in this Agreement; and
(b) Affiliate will obtain all necessary rights, licenses, permissions, business
permits, and will comply with all applicable laws, rules and regulations in
this connection in offering the Service to end-users.
7.2 Affiliate agrees to indemnify and hold Company harmless, and further agrees
to defend Company through the service of an attorney chosen and approved by
Company, from and against any and all claims, liabilities, causes of action,
damages, judgments, costs and expenses (including reasonable attorney's fees)
arising out of or in any way connected with any breach or alleged breach by
Affiliate of any representation, warranty or agreement contained in this section,
or elsewhere in this Agreement.
7.3 In no event shall Company be liable to the Affiliate, Affiliate's customers
or any other third party claim for any indirect, special, or consequential damages,
including lost profits, whether based upon a claim or action of contract, warranty,
negligence, or other tort or breach of any statutory duty, indemnity or contribution,
or otherwise arising out of this agreement, or the use and promotion of the
Service, and/or any other act or omission relating to the Service in any connection
to the sale or promotion of the Service, even if, in any such case, Company
has been advised of the possibility of such damages.
8 No Representation or Guarantee Regarding Profits or Income.
Affiliate agrees, understands and acknowledges that Company, it's parent company,
it's sub entities, it's agents, it's officers, it's directors, it's shareholders,
and/or accountants have made no representation of any nature whatsoever to Affiliate
and/or "Affiliate's agents, servants and/or employees regarding profits,
income, or money which Affiliate may obtain or generate from the Service and/or
from entering into this "Agreement" and/or from marketing and/or promoting
any version of this Service, and/or form any other matter relating to this "Agreement"
and/or to the subject matter of this "Agreement". Any expression by
Company in this regard is an expression of opinion only and Affiliate agrees
understands and acknowledges that they have not been induced to, and/or persuaded
thereby to, enter into this "Agreement" and that Affiliate has entered
in to the Agreement of their own free will and choice, without any force or
duress, and only after thorough, complete, full, and thoughtful investigation
and after obtaining independent advice and counsel from their accountant, their
attorney, and their financial advisors.
9 Assignment
This Agreement and rights and duties hereunder may not be assigned or transferred,
either in whole or in any part by Affiliate without the express prior written
consent of Company, which consent shall not be unreasonably withheld.
10 Binding Effect
This Agreement and the provisions hereof shall be binding upon and inure to
the benefit of the subsidiaries, affiliates, officers, directors, employees,
agents, families, heirs, beneficiaries, executors, administrators, personal
representatives, successors-in-interest and assigns of the respective parties
hereto, and any entity which acquires either of the respective parties hereto.
11 Severability
If it is determined by a court of competent jurisdiction that any provision
contained in this Agreement is illegal or unenforceable, such determination
shall solely affect such illegal or unenforceable provision and shall not affect
the validity or enforceability of the remaining provisions of this Agreement.
12 Relationship of the Parties
This Agreement does not create a partnership or joint venture between the parties
hereto and neither party shall have the power or authority to obligate or bind
the other in any manner whatsoever.
13 Entire Agreement
This Agreement supersedes all prior negotiations, understandings and agreements
between the parties hereto concerning the subject matter hereof. This Agreement
may not be changed nor modified, nor may any provision hereof be waived, except
in writing signed by the parties hereto.
14 Governing Law
This Agreement shall be governed by and construed in accordance with the laws
of Curacao.
15 Survival of Rights
Notwithstanding anything to the contrary contained in this Agreement, any obligations
which remain in force after expiration of this Agreement shall remain in full
force and effect until discharged by performance and such rights as pertain
thereto shall remain in full force and effect until their expiration.
16 Headings
The headings used in connection with the paragraphs and subparagraphs of this
Agreement are inserted only for purposes of reference. Such headings shall be
not deemed to govern, limit, modify or in any other manner affect the scope,
meaning or intent of the provisions of this Agreement, nor shall such headings
otherwise be given any legal effect.
17 Tracking
Individual end user computer configurations may affect desired results in a
non-conforming manner contrary to anticipated Affiliate system usage. In the
event of such situations, beyond normal system parameters, Company and its affiliates
cannot be held responsible