Edooko Affiliate Agreement
Last updated: September, 2024
This Affiliate Agreement (this “Agreement”) is entered into by and between Edooko (“We,” “Us,” “Our”) and you (“Affiliate” or “You”), collectively referred to as “the Parties.”
Background
The purpose of this Agreement is to establish the terms and conditions governing the promotion of Edooko’s courses and services by the Affiliate in exchange for commissions on sales resulting from referrals.
Terms And Conditions
1. Engagement and Offers
1.1 From time to time, We may provide Affiliates with opportunities to promote Edooko products and services (“Engagement”) in return for a specified commission.
1.2 Upon acceptance of this Agreement and Engagement terms, the Affiliate agrees to promote Edooko’s products and services using approved marketing materials and links provided by Us.
1.3 Edooko reserves the right to update, modify, or discontinue any Engagement, offer, or terms at any time. The Affiliate will be notified of such changes.
2. Affiliate Responsibilities
2.1 The Affiliate agrees to comply with all applicable laws and regulations related to the promotion of Edooko’s products and services.
2.2 The Affiliate is solely responsible for ensuring that any promotional content, including links to Edooko’s website, is properly displayed and functional.
2.3 The Affiliate shall not make any misleading or false representations about Edooko, its services, or offers. Any claims made about Edooko’s products must be approved by Us.
3. Commission Structure
3.1 The Affiliate is entitled to commission payments based on the following structure:
- 25% commission: Standard rate for less than 10 sales in a 3-month period.
- 35% commission: For at least 10 sales in a 3-month period.
- 45% commission: For at least 20 sales in a 3-month period.
3.2 Commissions are calculated based on the actual amount paid by the customer (net sale price), which excludes any applied discounts, taxes, refunds, or third-party fees. This means that if a product is purchased at a discounted price, the commission will be calculated on the discounted amount.
3.3 A “Qualifying Sale” is a sale generated through a tracked referral link provided by Edooko and attributed to the Affiliate within a 30-day referral window.
4. Payouts and Payment Schedule
4.1 Payments will be made via bank transfer, PayPal or other methods specified by Edooko.
4.2 Commissions will be locked 30 days after the end of the month in which the sale was made, allowing time for potential refunds or chargebacks.
4.3 Approved commissions will be paid out 37 days after the lock period.
4.4 The Affiliate is responsible for any banking or transaction fees related to commission payments.
5. Marketing and Promotion
5.1 Edooko will provide marketing materials (e.g., banners, links) to the Affiliate. The Affiliate agrees to use only these materials for promotion.
5.2 The Affiliate may not alter, modify, or create derivative works of Edooko’s marketing materials without prior written consent.
5.3 The Affiliate is prohibited from engaging in any marketing practices that are illegal or unethical, including but not limited to spam, deceptive advertising, or misleading claims.
6. Termination
6.1 Either Party may terminate this Agreement at any time with a 7-day written notice.
6.2 Edooko reserves the right to immediately terminate the Agreement if the Affiliate engages in prohibited activities, violates the terms, or breaches applicable laws.
6.3 Upon termination, the Affiliate will cease all promotions and remove all links and marketing materials related to Edooko.
7. Confidentiality
7.1 During the term of this Agreement, both parties may share confidential information. Both parties agree to keep such information confidential and not disclose it to any third parties without prior written consent.
8. Representations and Warranties
8.1 Each Party represents that it has the authority to enter into this Agreement.
8.2 Edooko does not make any representations or warranties concerning the amount of commissions that will be generated by the Affiliate.
9. Limitation of Liability
9.1 Edooko will not be liable for any indirect, special, or consequential damages arising out of this Agreement.
10. General Provisions
10.1 This Agreement shall be governed by and construed in accordance with the laws of Serbia, and any disputes shall be submitted to the jurisdiction of Serbian courts.
10.2 This Agreement constitutes the entire agreement between the Parties and supersedes all prior discussions, agreements, or understandings regarding the subject matter.