Gunf had the legal team adjust the terms and they are now good to go and no longer predatory.
Predatory Terms
Quote:
At Gnuf’s absolute discretion, not pay the Affiliate any funds due to the Affiliate as
Commission.
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This clause relates to money laundering or the illegal activities of affiliates and must
remain in. Funds due to an affiliate as commission will only be withheld if Gnuf “knows,
suspects or has reason to suspect that any transactions in which the Affiliate is directly or indirectly
involved, amongst other things, involves funds derived from illegal activities or are intended to conceal
funds derived from illegal activities or involve the use of the Partnership Program or Gnuf’s Products or
Gnuf’s Websites to facilitate criminal activity.”
Quote:
If Gnuf did not withhold funds under these circumstances having such knowledge then
Gnuf would potentially find itself knowingly committing an offence relating to these
illegal activities or money laundering by aiding or abetting such an offence.
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If the
affiliate in question does not intend to commit any illegal offences by its use of the
Affiliate Program then this clause will not be an issue.
Alarming Terms
Quote:
1.10.4 Gnuf reserves the right to report the Affiliate to the aforementioned federal or
local authorities should Gnuf determine that it is obliged, by law, to do so.
Similarly
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(DELETED)
if Gnuf did not report the Affiliate to the relevant authority where it had proof
of such an offence being committed, Gnuf could potentially find itself complicit in the
commission of such an offence. If the affiliate in question does not intend to commit any
illegal offences by its use of the Affiliate Program then this clause will not be an issue.
This clause would only be effective if Gnuf felt that it was necessary to take such drastic
action in order to prevent it from becoming implicated in the commission of such an
offence.
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Acceptable Terms-----------------
Affiliate Payment Date?: Gnuf will process the Commission earned by the Affiliate in
the previous calendar month
of the following month. Gnuf shall
not be liable to the Affiliate in any manner whatsoever for late payments due to technical,
third party or any other unforeseen events arising.
--------Terms that need clarification due to lack of information ---------
CPA Details?: No mention of CPA Details in T&C's nor on their website
Tiered Revenue Sharing?: No mention of CPA Details in the T&C's nor on the website.
Joanna 07-3-19 10.19
Deleted: , at its absolute discretion,
Negative Carryover?: Not Mentioned
Minimum Payment?: Not Mentioned
Tiered Revenue Sharing?: Not mentioned