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| Affiliate Agreement - Accounting Clauses | ||||
1. PAYMENT RESTRICTIONS. We will only pay referral fees on services and products after service requests and payments from visitors have occurred. There may be an authorization period, usually up to one week, between when the payment is made by the customer and when we payout commissions to Affiliates. You may not purchase services for your own use and receive Affiliate fees. If you are an Affiliate and you would like purchase one of our services, it is your responsibility to delete all tracking cooking in your computer before purchase is made. You may not directly or indirectly offer any person or entity any consideration or incentive for purchasing any of the Institute's services. This includes without limitation, payment of money (including any rebate), or granting of any discount. You may not make any service requests, or engage in other transactions of any kind on behalf of any third party, or authorize, assist, or encourage any other person or entity to do so. You may not attempt to circumvent the referral fee schedule or artificially increase your referral fees. You may not attempt to intercept traffic from, or divert referral fees from, any web site that participates in the Program. If we determine, at the sole discretion of the Institute, that you have engaged in any such activities that contradict this Agreement, we may (without limiting any other rights or remedies available to us) withhold any Affiliate fees otherwise payable to you under this Agreement and/or terminate this Agreement. You understand that the Company may temporarily hold any portion of the funds in your Affiliate account if we determine such action is needed to secure the payment and performance of all liabilities, obligations, and indebtedness you may incur with the Company. 2. PAYMENT METHOD. Payments will be made via PayPal or check on the 1st day of every month if your accumulated commission totals $25 USD or more. Checks over $1000 are sent at our expense by US Priority Mail (US) or Global Priority Mail (Europe, Canada, Australia, etc) wherever possible. Because no postal service is 100% reliable, if your check is significantly delayed, you may request that we send you a new check. To issue a new check we have to pay a service fee to the bank network to recall (void) the first check. A $20 cancellation fee applies. To request that a check be reissued, please e-mail us: info@lifeleap.org 3. VOIDED PAYCHECKS. Institute paychecks are VOID after 90 days from the date of issue. We can issue a new check if the stale check is in our possession. Please write "VOID" across the check and send it to the following address. After we receive the check, a new one will be issued on the next payout date: LifeLeap Institute 4. STOLEN PAYCHECKS. In some countries mail theft is not uncommon. If a paycheck is fraudulently endorsed (deposited by someone other than you) you will need to open a fraud case with our bank. If the bank determines that fraud did occur, they will reimburse us the funds so that we may issue you another check. We cannot reissue a check prior to the funds being returned to us or prior to the completion of the investigation by the bank. 5. REFUNDED SALES. If a customer dispute cannot be resolved we may be forced to refund the sale. When a sale is refunded the customer receives a 100% refund, and payouts from that sale are debited back out of the corresponding Affiliate accounts. 6. PAYMENT RATE. The commission payout is currently 10% for every sale you generate. In Addition, you receive 2% of the commission of any affiliates you have recruited and are subsequently working under you, herein referred to as 2nd tier Affiliates. These are sales only resulting from links by Affiliates, which have signed up for the Program upon being referred by a special link for this purpose on your website. 7. PAY-PER-SALE. Our Affiliate Program pays the Affiliate only when a sale results from a visitor who arrives on our site through an Affiliate Link on the Affiliate's website. If the sale does not occur during the visitation session of the visitor, no commission payout will be made. 8. CHARGEBACK. If the purchaser enters through a Non-Affiliate link, makes an unauthorized payment, makes a duplicate entry, does a payment reversal at any time, does not make full payment, refuses to pay for a service/product, the payment made to the Affiliate for that purchase shall be rescinded. Calculation of referral fees will include deduction of sales revoked or “charged back” by the customer. Such referral fees will be recovered to the Affiliate if the Institute is able to successfully dispute the revocation or chargeback. 9. TAXES. We are obligated by U.S. federal law to obtain tax information from Affiliates who are U.S. citizens, U.S. residents or U.S. corporations and from Affiliates who are not U.S. citizens or residents but whose businesses are taxable in the U.S. If we believe you are a Affiliate from whom we are obligated to obtain tax information and you do not provide this information to us after we have requested it, we may withhold your referral fee payments until you provide this information or otherwise satisfy us that you are not a person from whom we are required to obtain tax information. You agree that you are responsible to pay all applicable taxes, and to obtain all relevant licenses and permits associated with the legal operation of your enterprise. The Institute agrees to issue IRS Tax Form 1099 to Affiliates if their calendar year payments exceed the maximum payout allowed without a 1099 under Federal tax law (currently $600). |
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