Terms of referral program


Effective on 01.05.2018

PLEASE READ THIS SALES REFERRAL PARTNER PROGRAM CAREFULLY.

This is a contract between you (hereinafter the Partner) and us (SpySerp, the website located at https://spyserp.com). It describes how we will work together and other aspects of our business relationship. It is a legal document so some of the language is necessarily “legalese” but we have tried to make it as readable as possible.

The Referral Program applies to your participation in our Referral Program. These terms are so important that we cannot have you participate in our Referral Program unless you agree to them.

We periodically update these terms. We might also choose to replace these terms in their entirety if, for example, the Referral Program changes, ends, or becomes part of an existing partner program. If we update or replace the terms we will let you know via email. If you don’t agree to the update or replacement, you can choose to terminate as we describe below.

Definitions

1. Partner is a user who uses an affiliate link to attract other users to the site http://spyserp.com. Referral - a user who registered by affiliate link. Reinvestment - replenishment of the main balance in the SpySerp system from the partner account.

2. Referral link is the URL that you get after you go to the affiliate program page. The link is unique, and it is intended for you personally.

3. A Referral means the authorized actual user of the SpySerp Products or the party on whose behalf you use the SpySerp Products, who is assigned to an affiliate from the moment of registration or authorization through a referral link, and assigned to an affiliate for the entire duration of the referral and / or affiliate account.

4. Commission fee is charged to the Partner for each payment made by the referral on the site spyserp.com in accordance with these rules.

SpySerp Products means both the Subscription Service and Other Products.

5. List Price means the standard pricing for the Subscription Service as listed at https://spyserp.com/#pricing. We reserve the right to change such pricing at any time.

Partner Transactions

1. Partner get 1000 bonus checks for each new referral. Checks are accrued on the condition that the referral is active for at least three days for 30 days, and his project is configured for checks in the SpySerp system.

2. Bonus checks are used by the system automatically when the basic checks accrued to a partner within the limits of its tariff plan end.

3. After expiration of 30 days after crediting, unused bonus checks are deleted.

4. Payment of commissions - Partners receive 50% of the commission from the amount of the first payment, and 30% of the amount of all subsequent payments made by their referrals within one year from the date of their registration by referral link. If the referral used a discount in any form when paying for a payment, the Partner is charged commission minus a discount.

5. Withdrawal of commission is made by the partner request in the selected currency (RUB or USD) for three working days. After the application is submitted, the claimed amount is blocked in the partner account. The minimum withdraw amount is 10 USD or 100 RUB.

6. A partner can reinvest a commission on his internal balance. With reinvestment, the balance amount is replenished by 20% more than the amount claimed for reinvestment. For example, if the Partner decided to reinvest 100 USD, his balance will be increased by 120 USD. Thus from the bonus account 100 USD will be charged.

7. You are responsible for payment of all taxes applicable to the commission fee.

8. In the event you placed the order with us for a referral, for payments made by credit card, you will provide us with valid and updated credit card information or bank account information. You authorize us and our affiliates to charge your credit card or bank account for all fees payable. You also authorize us and our affiliates to use a third party to process payments, and consent to the disclosure of your payment information to such third party.

9. In order to charge the commission to the partner, the user who has transferred through the affiliate link must be registered and logged into his SpySerp account at the time of making the payment.

10. In order to receive payment under this Program, you must have: (i) agreed to the terms of this Program; (ii) completed all information in the account information form.

Limitations and prohibitions

1. It is forbidden to use your own affiliate link, means to earn on your own payments in SpySerp. You can earn only by attracting new users.

2. It is strictly forbidden to create fake accounts to generate affiliate links with promotional codes and receive discounts on them when paying. Violation of this rule leads to the blocking of affiliate accounts and referral accounts tied to it without the possibility of withdrawal of funds and further use of the system.

Additional provisions

1. A partner can create and use their own promotional codes with discounts to attract customers. If the referral used a promotional code created by his affiliate for the payment, the discount of the promotional code is deducted from the affiliate’s commission.

2. A partner can attract existing users of the SpySerp system to the referrals. It is necessary for the user to use the partner's referral link to sign in the system.

3. You will indemnify, defend and hold us harmless, at your expense, against any third-party claim, suit, action, or proceeding (each, an "Action") brought against us (and our officers, directors, employees, agents, service providers, licensors, and affiliates) by a third party not affiliated with us to the extent that such Action is based upon or arises out of (a) your participation in the Referral Program, (b) our use of the prospect data you provided us, (c) your noncompliance with or breach of this rules, (d) your use of Partner Program.

4. You shall not accept any settlement that (i) imposes an obligation on us; or (ii) places restrictions on us without our prior written consent.

Termination

1. The agreement comes into force after acceptance of its terms and can be terminated by either party at any time.

2. Upon termination or expiration, you will immediately discontinue all use of our trademark and references to this Referral Program from your website(s) and other collateral.

3. Termination or expiration of this Program shall not cause your or an referrals subscription agreement to be terminated.