- Joined
- Dec 13, 2006
- Messages
- 11,422
- Reaction score
- 3,182
Due to these terms:
Termination
a) The agreement can be terminated by either party at any time with immediate effect without giving any prior notice and without giving a reason. In any case Novigroup terminates the agreement, if the Affiliate violated essential obligations of this agreement or the execution of this agreement is not permitted by law or has become inadmissible.
b) If the agreement is terminated, the Affiliate shall immediately delete all advertising material of Novigroup included on the Affiliate's Websites. The Affiliate shall have no right or avoidance.
c) Novigroup shall calculate and pay the Commission from net profit accrued until the 20th of the following month. Novigroup is entitled to set off outstanding commissions against claims against the Affiliate, if applicable.
d) After the termination of the agreement, the Affiliate is not entitled to receive further remuneration or other compensation of Novigroup.
e) Novigroup reserves the right to regularly perform quality checks on the Websites and their performance and to determine that Affiliates are obligated to produce minimum amount of real customers per month.
f) The Affiliate agrees not to place any digital advertisements containing Novigroup links or branding on websites providing unauthorised access to copyright content.
Low Revshare Warning, the lowest trie is below 25%
Commissions Calculation
Commission Tier 1 20.00%
Net Revenue : €0.00 - €5,000.00
5% for more than 5 new depositing customers
Commission Tier 2 25.00%
Net Revenue : €5.001.00 - €10,000.00
Commission Tier 3 30.00%
Net Revenue : €10,001.00 - €30,000.00
5% for more than 5 new depositing customers
Commission Tier 4 35.00%
Net Revenue : €30,000.00
5% for more than 5 new depositing customers
Note: has negative carryover:
Commissions - Negative Carryover
d) A negative account balance at the end of a month is carried over to the following month. The results of the following month(s) will be applied to this balance until it returns to a positive figure.
Termination
a) The agreement can be terminated by either party at any time with immediate effect without giving any prior notice and without giving a reason. In any case Novigroup terminates the agreement, if the Affiliate violated essential obligations of this agreement or the execution of this agreement is not permitted by law or has become inadmissible.
b) If the agreement is terminated, the Affiliate shall immediately delete all advertising material of Novigroup included on the Affiliate's Websites. The Affiliate shall have no right or avoidance.
c) Novigroup shall calculate and pay the Commission from net profit accrued until the 20th of the following month. Novigroup is entitled to set off outstanding commissions against claims against the Affiliate, if applicable.
d) After the termination of the agreement, the Affiliate is not entitled to receive further remuneration or other compensation of Novigroup.
e) Novigroup reserves the right to regularly perform quality checks on the Websites and their performance and to determine that Affiliates are obligated to produce minimum amount of real customers per month.
f) The Affiliate agrees not to place any digital advertisements containing Novigroup links or branding on websites providing unauthorised access to copyright content.
Low Revshare Warning, the lowest trie is below 25%
Commissions Calculation
Commission Tier 1 20.00%
Net Revenue : €0.00 - €5,000.00
5% for more than 5 new depositing customers
Commission Tier 2 25.00%
Net Revenue : €5.001.00 - €10,000.00
Commission Tier 3 30.00%
Net Revenue : €10,001.00 - €30,000.00
5% for more than 5 new depositing customers
Commission Tier 4 35.00%
Net Revenue : €30,000.00
5% for more than 5 new depositing customers
Note: has negative carryover:
Commissions - Negative Carryover
d) A negative account balance at the end of a month is carried over to the following month. The results of the following month(s) will be applied to this balance until it returns to a positive figure.
