1.Affiliate Promotion Unique Links and Tracking Codes
1.1 Unique Affiliate Links: WINBANCE shall provide each Affiliate with unique affiliate links or tracking codes ("Unique Links"). These Unique Links will be exclusively assigned to each Affiliate to accurately trace the source of referral traffic.
1.2 Affiliate Promotion Channels: Affiliates are granted the right to utilize the Unique Links for promotional purposes across authorized channels. Such channels may include, but are not limited to, video content on platforms such as Facebook, YouTube, and other video-sharing platforms, as well as social media content like Instagram stories or posts. Affiliates may also embed the Unique Links in their websites or blogs to drive traffic to WINBANCE's website.
Advanced Dashboard for Affiliate Tracking
2.1 Affiliate Dashboard: WINBANCE shall provide Affiliates with access to an advanced and user-friendly dashboard ("Affiliate Dashboard"). The Affiliate Dashboard will be designed to display relevant statistics related to the performance of the Unique Links provided to each Affiliate.
2.2 Real-Time Statistics: The Affiliate Dashboard shall present real-time data, offering Affiliates access to up-to-date information regarding click-through rates, conversion rates, and earned commissions.
2.3 Comprehensive Reporting: The Affiliate Dashboard will enable Affiliates to generate comprehensive reports for a detailed analysis of the effectiveness of their marketing channels and campaigns.
2.4 Technical Support and Issue Reporting: In the event of any technical issues or defects related to the Affiliate Dashboard, WINBANCE shall provide prompt technical support to address concerns raised by Affiliates. Affiliates may report any dashboard-related issues through a designated support channel, and WINBANCE shall diligently follow established protocols to investigate and resolve the reported matters.
2.Compliance with Laws
2.1 Advertising Standards: Both WINBANCE and its affiliates agree to comply with all relevant advertising standards and guidelines set forth by regulatory bodies, ensuring that all promotional materials and marketing efforts meet the necessary legal requirements.
2.2 Data Protection and Privacy Laws: In accordance with applicable data protection and privacy laws, WINBANCE and its affiliates will handle any personal data obtained through the affiliate program with utmost confidentiality and only for the purposes outlined in this agreement.
2.3 Ethical Marketing Practices: WINBANCE and its affiliates shall engage in ethical marketing practices, refraining from engaging in any deceptive, misleading, or fraudulent activities that could potentially harm consumers or WINBANCE's reputation 3.Content Standards
3.1 Accurate and Truthful Information:
Affiliates agree to provide accurate and truthful information when promoting WINBANCE's Products and Services. All claims, descriptions, and representations about the products and services must be verifiable and factual.
3.2 Ethical and Responsible Content: Affiliates shall create content that upholds high ethical standards, respects the rights and dignity of others, and avoids promoting harmful or offensive material.
3.3 Compliance with Brand Guidelines: Affiliates will adhere to WINBANCE's brand guidelines, ensuring that the visual and written content aligns with the Company's branding and does not misrepresent the brand identity.
3.4 Disclosure of Affiliate Relationship: Affiliates shall clearly disclose their affiliate relationship with WINBANCE to their audience when promoting the Company's Products and Services, as required by relevant laws and FTC guidelines.
3.5 Exclusivity of Promotion: The Affiliate agrees not to engage in any marketing activities that involve comparing WINBANCE's Products and Services
4.Commission Structure
4.1 Agreed Commission Rates: As part of the affiliate partnership, the Affiliate acknowledges and agrees to the commission structure outlined in the PDF file titled "Affiliate Commission Rates" (hereinafter referred to as "Commission Rates"), which was reviewed and accepted by the Affiliate before entering into this agreement.
4.2 Variable Commission Rates: The Commission Rates specified in the PDF file are subject to variation from time to time at the sole discretion of WINBANCE. As the company may update the Commission Rates periodically, the Affiliate understands that the rates provided in the PDF file may change in the future.
4.3 Notification of Changes: In the event of any modifications to the Commission Rates, WINBANCE shall promptly notify the Affiliate via email or another appropriate communication channel. The Affiliate agrees to review the updated Commission Rates to stay informed about any changes.
4.4 Option to Terminate: In the event that the future changes to the Commission Rates do not align with the Affiliate's preferences or business objectives, the Affiliate reserves the right to provide written notice to WINBANCE expressing their decision to terminate the affiliate partnership.
4.5 Good Faith Negotiation: In case the Affiliate is dissatisfied with the updated Commission Rates but still wishes to continue the partnership, the Affiliate and WINBANCE shall engage in good-faith negotiations to explore potential solutions that are mutually acceptable.
5.Terms of Payment
5.1 Commission Payment: WINBANCE shall pay the Affiliate the agreed commission for successful referrals and sales generated by the Affiliate's promotional efforts as per the Commission Rates outlined in the "Affiliate Commission Rates" PDF file, subject to the terms of this agreement.
5.2 Payment Frequency: Commissions shall be paid to the Affiliate on a monthly basis. The payment schedule shall follow a regular cycle, and commissions earned during each calendar month will be paid to the Affiliate within two (2) to five (5) business days after the end of that month.
5.3 Monthly Payment Cycle: The payment cycle shall commence on the first day of each calendar month and conclude on the last day of the same month.
5.4 Accumulated Commissions: Commissions earned by the Affiliate during the course of a calendar month shall accumulate, and the total payable amount for that month shall be disbursed in a single payment within two (2) to five (5) business days after the end of that month.
5.5 Payment Justification: In the event of any commission payment disputes or concerns raised by the Affiliate, WINBANCE shall provide a written justification for any withheld or adjusted commission amounts. Both parties shall engage in good-faith discussions to resolve any issues
6. Terms of Payment
6.1 Duration of the Partnership: The initial term of the affiliate partnership between WINBANCE (hereinafter referred to as the "Company") and the Affiliate shall be one and a half (1.5) years, commencing from the effective date of this agreement (the "Commencement Date").
6.2 Extension of Partnership: Upon the expiration of the initial term, both parties may mutually agree to extend the partnership for an additional period of one (1) year. Such an extension shall be formalized through a written addendum to this agreement.
6.3 Compliance with Applicable Laws: Throughout the entire duration of the partnership, both the Company and the Affiliate shall ensure strict compliance with all applicable laws, regulations, and ethical standards relevant to their respective obligations under this agreement.
6.4 Termination by Either Party: Either party may terminate this agreement upon providing a written notice to the other party, citing the reason(s) for termination. Termination shall be effective thirty (30) days after the receipt of the written notice.
6.5 Confidential Termination: In the event of termination, both parties shall maintain confidentiality regarding the reason(s) for termination and any other proprietary or sensitive information obtained during the partnership.
7. Confidentiality
7.1 Agreement Confidentiality: This agreement, including all its terms, conditions, and any attachments, shall be considered confidential information. The Company and the Affiliate shall maintain strict confidentiality regarding the existence and contents of this agreement.
7.2 Non-Disclosure Obligation: Both the Company and the Affiliate shall refrain from disclosing, divulging, or disseminating any confidential information related to this agreement to any third party without the prior written consent of the other party.
7.3 Protection of Confidential Information: The Company and the Affiliate shall take all reasonable measures to protect the confidentiality of this agreement. Such measures shall include, but are not limited to, securing physical copies and electronic files containing confidential information and limiting access to authorized personnel only.
7.4 Exceptions to Confidentiality: The obligations of confidentiality shall not apply to information that: a) Is publicly available or becomes publicly available without a breach of this agreement by either party; b) Is required to be disclosed by law, court order, or a governmental or regulatory authority, provided that the disclosing party shall promptly notify the other party to allow for appropriate legal measures to be taken.
7.5 Confidentiality Breach: In the event of a breach of confidentiality by the Affiliate, the Company may seek injunctive relief or pursue any other available legal remedies to prevent or halt the unauthorized disclosure of confidential information. The Company shall have the right to initiate a lawsuit against the Affiliate for any damages resulting from such breach.
8. Resolution of Disputes
8.1 Open Communication: In the event of any problem, misunderstanding, or dispute arising between the Company and the Affiliate during the course of this agreement, both parties shall prioritize open communication to resolve the matter amicably.
8.2 Written Notification: The Affiliate shall initiate the dispute resolution process by providing a written notification to the Company via email or through any other communication channels made available by the Company for this purpose.
8.3 Company's Response: Upon receiving the Affiliate's written notification, the Company shall promptly acknowledge the receipt and initiate efforts to address and resolve the dispute in a timely manner.
8.4 Timely Resolution: The Company shall make every reasonable effort to provide a resolution or proposed solution to the dispute within 17 days from the date of receipt of the Affiliate's written notification.
8.5 Confidentiality During Resolution: Both parties shall maintain strict confidentiality regarding the existence and details of the dispute and any ongoing resolution efforts during the dispute resolution process. 8. General This agreement aims to foster a strong and enduring partnership between WINBANCE (the "Company") and the Affiliate, ensuring mutual responsibilities and rights are upheld. Both parties acknowledge the importance of understanding and adhering to the terms, covering commission, payment, confidentiality, and dispute resolution. Prior legal review is encouraged, as each party should take the time to thoroughly review this document to ensure clarity and alignment with their respective objectives. By signing this agreement, the Company and the Affiliate demonstrate their commitment to preserving relations and mutual success while respecting the significance of a fully informed decision.