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Affiliate Programme Terms & Conditions

The following terms and conditions (“the Agreement”) are those governing the Cryptoalerts.net Affiliate Program (“CAAP”)

IMPORTANT NOTICE

Please read these terms and conditions before joining the CAAP

IF YOU DO NOT AGREE WITH THESE TERMS (OR ARE NOT AUTHORISED TO DO SO) YOU MAY NOT JOIN THE CAAP.

IF YOU HAVE ALREADY JOINED THE CAAP AND DO NOT AGREE TO THESE TERMS, YOU MUST EMAIL THE AFFILIATE TEAM AT [email protected] TO TERMINATE YOUR MEMBERSHIP.

IF YOU HAVE ANY QUESTIONS REGARDING THESE TERMS AND CONDITIONS PLEASE CONTACT AFOREMENTIONED EMAIL ADDRESS.

IF YOU DO NOT ACCEPT THESE TERMS AND CONDITIONS OR OTHERWISE WISH TO REMOVE YOURSELF FROM THE CAAP YOU SHOULD CONTACT [email protected] REQUESTING TO BE REMOVED FROM THE CAAP.

The CAAP is operated jointly and severally by: Cryptoalerts.net herein to be referred to as “the Operator” and therefore any reference to Cryptoalerts.net shall be deemed to be a reference to the Operator.

By completing and submitting the application form found on the Cryptoalerts website which the Affiliate can locate by clicking here, the Affiliate is deemed to have agreed to be bound by all the terms and conditions set out in this Agreement.

1. DEFINITIONS

“Affiliate” means a member of the Cryptoalerts Affiliate Programme

“Cryptoalerts Website” means the website with URL http://www.cryptoalerts.net

“Approved Marketing” means marketing by using the Tracker via the Operator’s approved Banners and Text Links and Promotional Mails, including promotion on the Affiliate’s websites;

“Banners and Text Links” are the graphical artwork or text that direct traffic to Sites and/or to the Apps through the Affiliate’s Tracker, to permit a Customer to hyperlink to any Site or App;

“CPA” means Cost Per Acquisition;

“CPA Payment” is the one-time payment for every qualifying Customer payable to the Affiliate if it chooses the CPA reward plan;

“Customer” is an individual that:

(i) has opened a new account with the Operator in respect of a relevant Site;

(ii) has not previously opened an account with the Operator in respect of such Site;

(iii) has had their account registration details adequately validated and approved by the Operator, including (without limitation) that the individual is confirmed to be 18 years of age or above;

(iv) places stakes, or plays, (as relevant) with deposited money on the relevant Site via the Affiliate’s Tracker(s); and

(v) is qualified and authorised to access and use the relevant Site in accordance with the terms and conditions of use of such Site and complies with all applicable laws, rules and regulations;

‘Database” means any storage medium belonging to the Operator which contains, holds, stores or processes data which is owned or controlled by the Operator, or is licensed to or under the control of the Operator, including (but without limitation) any such medium relating to Customers and other users of the Website;

“Fraud” means an actual or attempted act by the Affiliate or any Customer which is reasonably deemed by the Operator to be

(i) illegal in any applicable jurisdiction;

(ii) made in bad faith; or

(iii) intended to defraud the Operator or any of the Sites and/or circumvent any contractual or legal restrictions, regardless of whether such act or attempted act actually causes the Operator or any of the Sites any damage or harm. Fraud shall include, without limitation, collusion; abuse of bonuses or other promotions; abuse of the CPA reward structure; violation of money-laundering or other laws and regulations; Spamming; false, misleading or unauthorised advertising or representations; use of stolen credit cards; rake-back activity; and unauthorised use of any intellectual property rights (including third parties’ and any of the Operator’s or the Sites’ rights, and registering or attempting to register adwords in breach of this Agreement), and “Fraudulent” shall be construed accordingly;

“Licensed Marks” means any logo, trade mark, trade name, design, domain name, insignias or similar identifying material that are owned by, and/or licensed to, the Operator or any of its group companies, or any of the Sites;

“Promotional Mails” means graphical artwork or text regarding specific promotion campaigns, sent by the Operator from time to time for dissemination by the Affiliate;

“Sites” are the websites promoted by the Operator and/or any designated third party appointed by the Operator from time to time and offered within the CAAP from time to time, and all of their related pages, and “Site” shall mean any of them;

“Spam” means emails and messages that meet any one or more of the following criteria: (i) unsolicited mailing, usually sent to a large number of addressees; (ii) contains false or misleading statements; (iii) does not truthfully identify the source or the originating IP Address and / or the originating email address; (iv) does not contain an online and real time Remove option, (v) bundles certain software with other software, or (vi) inserts icons or causes software download or installation or similar action without the consent of the addressee; and “Spamming” shall be construed accordingly;

“Tracker” a unique tracking URL that the Operator shall provide exclusively to the Affiliate for the term of this Agreement, through which the Operator shall track Customers and calculate an Affiliate’s Revenue Reward as applicable.

2. APPOINTMENT AND PROPRIETARY RIGHTS

2.1 Appointment

2.1.1 Appointment as an Affiliate under the CAAP will occur only once the Operator has received and approved the applicant’s completed application form to become an Affiliate. Upon such approval (which will be at the Operator’s sole discretion and which will be notified to the Affiliate by e-mail), this Agreement will become binding on both parties.

2.1.2 The Affiliate agrees that it shall neither apply to be, nor be appointed as, an Affiliate if it is an employee, agent or subcontractor of the Operator or any company in the same group of companies as the Operator; or if it is connected in any way to a person or company which meets this definition.

2.2 Directing new Customers

2.2.1 Once approved to be an Affiliate under the CAAP the Operator will grant the Affiliate a non-exclusive, revocable right to direct potential Customers to the Sites, in accordance with this Agreement.

2.2.2 This Agreement does not grant the Affiliate an exclusive right to direct potential Customers to the Sites or any other exclusive right in connection with the Sites or with the CAAP. Except for the payment of the Revenue Reward the Affiliate will not have any rights with respect to any Customers.

2.2.3 The Operator may operate additional affiliate programmes in connection with the Sites or any other sites, and the Affiliate will have no right in connection with such other programmes, other than those rights the Operator may expressly grant to the Affiliate.

2.3 Licence to Use the Licensed Marks

2.3.1 The Operator hereby grants the Affiliate a non-exclusive, revocable, non-transferable license, for the term of this Agreement, to use any of the Licensed Marks solely for the Approved Marketing (“License”).

2.3.2 This License cannot be sub-licensed, assigned, sold or otherwise transferred by the Affiliate without the Operator’s prior written approval. The Affiliate’s right to use the Licensed Marks is limited to and arises only out of the License. The Operator has the right to terminate the License at any time by providing written or electronic notification to the Affiliate. The License will be terminated automatically upon the termination of this Agreement for any reason.

2.3.3 The Affiliate shall not assert the invalidity or unenforceability, or otherwise contest the ownership of the Licensed Marks, in any action or proceeding of whatever nature, and shall not take any action that may prejudice the Operator and its Licensed Marks or the Company IP as such term is defined below, the CAAP or any of the Sites and not to do any act or omission which may invalidate or weaken the validity of the Licensed Marks or the Company IP or diminish the Company IP or the Licensed Marks’ associated goodwill.

2.3.4 The Affiliate shall not register or attempt to register any logo, trade mark, trade name, insignia, design, domain name or similar identifying material that contain the Company IP or are confusingly similar to or are comprised of any of the Licensed Marks or Company IP.

2.3.5 The Affiliate shall not register or attempt to register and/or open domain names or social media pages or accounts (on any platform) which comprise and/or are similar or confusingly similar to the Company IP or Sites including the Operator’s name, or any other associated brands or companies, including (for the avoidance of doubt) any misspellings of the domain names of any of the Sites (commonly known as ‘typo-squatting’, or any phonetics of any of the Sites.

2.3.6 In the event that the Affiliate does register any domain name referred to in clause 2.3.5, it will on demand by the Operator, immediately cease its use of any such domain name and transfer any such domain name to the Operator or to a third party elected by the Operator.

2.3.7 In the event the Affiliate does register any domain name referred to in clause 2.3.5, the Operator reserves the right to withhold payments due to the Affiliate until such time as the provisions of clause 2.3.6 have been met to the Operator’s satisfaction. Should the Affiliate fail to comply within a reasonable time of the Operator’s request to do so, or fail altogether to comply with the provisions of clause 2.3.6 and/or the Operator’s instructions in this regard, without prejudice to any of its rights pursuant to applicable legislation, any outstanding payments due from the Operator to the Affiliate shall be forfeited and the Operator may terminate this Agreement with immediate effect.

2.3.8 The Affiliate shall not place, purchase or register ‘pre-click’ bids, keywords, search terms or any other identifiers for use in any search engine, portal, sponsored advertising service or other search or referral service which are identical, are similar or otherwise resemble any of the Company IP including without limitation the Licensed Marks. This includes, and is not limited to, any words containing, or derived from, the names of the Sites or the brands used on them, and any typo errors or phonetics of them.

2.3.9 The Affiliate shall immediately cease to use all Company IP including without limitation the Licensed Marks upon being notified to do so by the Operator (either by electronic or written notification) or on any termination of this Agreement.

2.4 Commercial Use Only

2.4.1 The marketing opportunity presented in the CAAP is for commercial use only, and the Affiliate, its family members, friends or associates may not make Deposits, directly or indirectly, through any of its Trackers for its or its own personal use or to increase the amounts payable to it under this Agreement by any act which involves Fraud.

2.4.2 If the Affiliate wishes to make test transactions to evaluate the system, including Deposits, it should contact [email protected] so the Operator can refund the charges once the Affiliate has completed its testing.

2.4.3 Transactions deemed by the Operator at its sole discretion to be made in violation of this provision will be deemed Fraud traffic and the Operator will deduct applicable Deposits or traffic from the amounts payable to the Affiliate hereunder.

2.5 Customers’ Data

2.5.1 The Affiliate acknowledges and agrees that all data relating to the Customers shall be and remain the Operator’s exclusive property.

2.6 Reservation of IP Rights

2.6.1 The Affiliate acknowledges and agrees that:

a) the Operator and/or any of its group companies is the sole and exclusive owner of all intellectual property rights, including, without limitation, copyrights, in any marketing methods, campaigns, slogans, techniques, Affiliate arrangements, data, trade names, trade marks, brand names, domain names, websites, graphics and designs used by the Operator in connection with the Sites and/or the CAAP and/or otherwise (“Company IP”);

b) the Operator is entitled to use the same in any way or manner at its sole discretion; and it is entitled to maintain such Company IP confidential and withhold its disclosure to the Affiliate unless the Operator agrees otherwise.

2.6.2 The Affiliate acknowledges and agrees that the Operator is the sole and exclusive owner of its Database, and that the Affiliate shall not make any direct or indirect use of such Database, nor retain a copy in any form or manner whatsoever of the Database, or market any goods or services to any Customer whose details appear in the Database (including the transfer of such details to any third party), unless that Customer’s information is in the Affiliate’s possession or known by it prior to the execution of this Agreement.

3. THE AFFILIATE’S RIGHTS AND OBLIGATIONS

3.1 Promotion and Link to Sites

3.1.1 By joining the CAAP the Affiliate agrees to market, promote and refer potential Customers to the Sites, by creating and maintaining a unique link from its site to the Sites and by disseminating Promotional Mails received from the Operator.

3.1.2 This link may be established with one or more of the Operator’s Banners and Text Links. The Affiliate will be solely liable for the content and manner of its marketing and promotional activities. All such activities must be conducted at all times in a professional and lawful manner and compliant with all legislation, regulations and codes of practice (including without limitation relevant advertising codes of practice) within the jurisdiction the Affiliate is operating from and also the various jurisdictions of the Customers and any related legislation.

3.2 Approved Marketing and Layouts

3.2.1 The Affiliate will promote the Sites solely by way of Approved Marketing and will not alter the appearance, design and content of the Operator’s approved Banners and Text Links and Promotional Mails unless it obtains the Operator’s prior written authorisation. At the Affiliate’s request, the Operator will provide the Affiliate with a code that will enable it to post in its sites rotating banners from the Operator’s banner farm. For the avoidance of doubt no marketing other than Approved Marketing shall be permissible and Banners and Text Links used by the Affiliate pursuant to this Agreement shall direct traffic only to the Operator’s Sites.

3.2.2 The Affiliate agrees and acknowledges that the appearance and content of the Operator’s Banners and Text Links and Promotional Mails constitute the only authorised and permitted representation of the Sites.

3.3 Age Limitation

3.3.1 Participation as an Affiliate in the CAAP is only permitted if the proposed Affiliate is of the legal age determined by any applicable laws in the proposed Affiliate’s jurisdiction. In any event and under any circumstances, participation in the CAAP shall not be permitted if the proposed Affiliate is under 18 years of age.

3.3.2 The Operator reserves the right to obtain from the Affiliate appropriate identification that will provide evidence of its age and its account may be suspended until satisfactory proof of age is provided to the Operator.

3.3.3 The Affiliate will not by itself, nor will it allow, assist or encourage others to, market and promote the CAAP or any of the Sites, directly or indirectly, to persons that are less than 18 years of age or such higher age as may apply as the legal age in the jurisdiction that it is targeting or operating within, or develop or implement marketing and promotion strategies in respect thereof.

3.4 Legality of Use

3.4.1 The Affiliate accepts sole responsibility for determining whether its participation in the CAAP is legal under any laws that apply to it. The Affiliate understands that the Operator does not provide it with any legal recommendation or assurance regarding such legality. The Affiliate should obtain independent legal advice in the applicable jurisdiction from which it is operating and/or to which it is marketing, if it has any doubts about the legality of its participation in the CAAP or the receipt of any payments from the Operator, under any applicable laws.

3.5 No Fraud

3.5.1 The Affiliate will not engage in, allow, assist, promote, encourage or benefit from, directly or indirectly, any act or traffic that involves Fraud. The Affiliate will act at all times to refrain from, immediately stop and not allow any act or traffic that involves Fraud or that it believes or should reasonably believe to potentially involve Fraud, or any act or traffic that the Operator informs the Affiliate is suspected by it, at its discretion, to involve or potentially involve Fraud.

3.5.2 In the event that the Operator suspects Fraud it reserves the right to place restrictions on the Affiliate’s account including but not limited to suspending the Affiliate’s account and retaining all sums within the account as well as commencing a full investigation. The Affiliate hereby gives the Operator its authorisation to inform the appropriate authorities or third parties of such an incident and only once the Operator is satisfied that the matter is resolved shall it remove any restrictions on the Affiliate’s account.

3.6 No Rake-Backs

3.6.1 The Operator does not allow any form of rake-backs in the CAAP. The Affiliate will not offer any rake-back or so-called rake-back schemes whatsoever, or any similar schemes that offer or allow a portion of the Customer’s rake to be returned to the Customer in any form. The Affiliate will also not advertise or be engaged with any site that offers rake-backs. The Operator reserves the right to withhold any amounts due to the Affiliate if it believes the Affiliate was involved in any rake-back activity.

3.7 Sole Responsibility for the Affiliate’s Site

3.7.1 The Affiliate will be solely responsible for the operation and content of its site, including for ensuring that materials posted on its site are not:

(i) libelous, obscene, sexually explicit, violent or otherwise illegal;

(ii) actually or potentially infringing any rights of the Operator and/or any other third party; or otherwise

(iii) deemed, at the Operator’s sole discretion, unsuitable and so notified by the Operator. The Affiliate will remove such content immediately upon the Operator notifying the Affiliate that any content is in breach of the above provisions. The Affiliate will be solely responsible for ensuring that all the content of its site is original or otherwise is permitted to be published by the owner thereof and it shall obtain all licenses to use any material not produced by it.

3.7.2 The Affiliate will not make any claims, representations or warranties in connection with the Operator or any of the Sites, and it will not be authorised to make any commitment or assume any liability or obligation on the Operator’s behalf or on behalf of any of the Sites.

3.7.3 The Affiliate agrees to ensure that its activities and its site will comply with all legislation, regulations and codes of practice in the jurisdiction that it is operating from and any other jurisdiction that a Customer or the Operator operate within.

3.7.4 In the event that the Affiliate is found to be in breach of any legislation it agrees to indemnify the Operator for any costs relating to any legal proceedings, actions, disputes, damages and penalties.

3.8 Confidentiality

3.8.1 During the Affiliate’s participation in the CAAP, the Operator may disclose to the Affiliate or the Affiliate might otherwise obtain certain information which is either marked as or by its nature is confidential and proprietary to the Operator (herein referred to as “Confidential Information”).

3.8.2 The Affiliate shall keep all such Confidential Information in strict confidence and not use any part of it, directly or indirectly, for any purpose other than the purpose of this Agreement.

3.8.3 Confidential Information shall not include any information that is generally known or available to the public, or information required to be disclosed by applicable law or any legal agency having jurisdiction over the Affiliate (in which case the Affiliate will give the Operator immediate notice of such requirement).

3.9 Other Restrictions

3.9.1 In addition and without derogating from any of the above, the Affiliate will not at any time by itself, nor will the Affiliate allow, assist or encourage others to, do any of the following:

3.9.1.1 Use or cause Spamming.

3.9.1.2 Do any act or omission that disparages the Operator or any of the Sites or that otherwise is damaging or is reasonably expected to be damaging to the Operator’s goodwill or to the goodwill of any Site or the Operator’s reputation.

3.9.1.3 In any way alter, affect or interfere with the operation or accessibility of the Sites or any page thereof.

3.9.1.4 Do any act which causes the Affiliate’s site or any other site to copy or resemble the look and feel of any of the Sites or attempt to pass as any of the Sites or create the impression that any such sites are the Sites or otherwise confuse potential Customers in connection therewith.

3.9.1.5 Communicate, engage or become involved with any of the Sites, in any way, without the Operator’s prior written consent.

3.9.1.6 Alter, redirect or in any way interfere with the operation or accessibility of the Sites or any page thereof.

3.9.1.7 Intercept or redirect (including via user-installed software) traffic from or on any online website or other place that participates in the CAAP.

3.9.1.8 Use any trade mark, business name or other intellectual property without the prior written approval from the relevant owner of the intellectual property right.

3.9.1.9 Use in any manner whatsoever the trade marks any derivation thereof or any mark that is substantially, confusingly (or likely to be confusing) and/or colorable similar and any other mark from time to time advised by the Operator.

3.9.1.10 Do any activity that in the Operator’s reasonable opinion would be deemed unsuitable, Fraudulent, erroneous, misrepresentative or inappropriate.

3.9.1.11 In the event that the Affiliate is found to be in breach of the above, the Operator reserves the right to suspend the Affiliate’s account and will hold payment of all monies due to the Affiliate until it is satisfied that the matter is resolved and that the Affiliate is no longer in breach of any of the above. If the Operator cannot satisfy itself within a reasonable time that the matter has been resolved, it reserves the right to treat all payments or amounts due to the Affiliate as forfeited and to provide notice of immediate termination to the Affiliate.

4. THE OPERATOR’S RIGHTS AND OBLIGATIONS

4.1 Registering and Tracking Customers

4.1.1 The Operator will register the Affiliate’s Customers and track their subscription statuses, and will calculate the amounts payable to the Affiliate in accordance with the applicable reward plan.

4.1.2 The Operator reserves the right to manage the Sites to refuse new Customers or to close the accounts of existing Customers if necessary. This will be at the Operator’s sole discretion in order to comply with any requirements it considers mandatory, including without limitation requirements concerning Fraud, unlawful activity, breach of the respective Site’s terms and conditions of use, or otherwise.

4.1.3 The Operator may, from time to time, appoint third parties as designated parties whose websites shall be included, for the purposes of this Agreement, as Sites.

4.2 Payments

The Operator will make payments to the Affiliate in accordance with the applicable reward plan as detailed below.

4.3 Reports

The Operator will provide the Affiliate with remote online access to reports regarding Customer activity and the Revenue Reward generated (if applicable). The form, content and frequency of the reports will be subject to change at the Operator’s discretion. The Operator will not be liable for the completeness or accuracy of any reports.

5. IDENTITY VERIFICATION; SUPPORTING DOCUMENTATION

5.1 Identity Verification

5.1.1 It is the Operator’s policy to prohibit and actively prevent money laundering and any activity that facilitates money laundering or funding of terrorist or criminal activities. The Operator will verify the Affiliate’s identity through the information provided by the Affiliate and by obtaining information from public sources and data. The Operator will make its best efforts to reasonably ensure that it knows the true identity of any of its Affiliates. Should the Operator be unable to adequately satisfy itself of the Affiliate’s identity, it shall not be obliged to provide the Affiliate with any information as regards the reasons for such failure to identify the Affiliate.

5.1.2 For the avoidance of doubt, the Affiliate agrees that the Operator may use any personal information provided by the Affiliate for the purposes of verifying its identity in accordance with clause 17.1.

5.2 Supporting Documentation

The Affiliate agrees to provide the Operator with any supporting documents requested by it. The Affiliate is aware that the Operator has the right to delay payments if supporting documents are not provided. Supporting documents may include any or all of the following for individuals: valid passport copy; valid driving license copy; a copy of a utility bill; a letter of reference from the individual’s bank; and a copy of a bank statement. For a company, supporting documentation may include a copy of the company’s certificate of incorporation; articles of association (or equivalent document); duly approved corporate resolution; a certificate of good standing; power of attorney; and information regarding the identity of the beneficial owner of the company and the identity of the directors of the company.

6. REVENUE, PAYMENTS AND FEES

6.1 In this section the Affiliate will find details of the following payment mechanisms. The Payment mechanism which applies to the Affiliate will be indicated on the Affiliate’s application to join the CAAP and shall be referred to herein as the Affiliate’s “Reward plan”.

6.1.1 Revenue Reward

The Revenue Reward model is derived from the Online Subscriptions the calculation of which is described below.

20% Payable on the total amount of Subscriptions:

a) after the 3rd referred subscriber

or

b) when $15 is credited to the Affiliate.

6.2 Final and Binding Data and Calculations

All calculations in connection with the amount payable to the Affiliate, under the Revenue Reward will be made by the Operator and based solely on its systems’ data and records, and its calculations will be final and binding. As part of the monthly payments process, the Operator will carry out a data reconciliation process to ensure data accuracy and correct billing for the previous month. This process may take up to 7 business days and may include without limitation:

a) the detection of fraudulent player activity that will be excluded from the Affiliate’s payment; and

b) failed transactions that will be credited to the Affiliate’s account. The Operator shall begin the reconciliation process at the start of every calendar month.

6.3 Change of Reward plan

The Operator reserves the right to change the Affiliate’s chosen Reward plan upon notice to the Affiliate. Any such change will take effect from the date of such notice.

6.4 Business by Other Persons

You shall have no claims to Revenue Reward, CPA Payment, or other compensation on business secured by or through persons or entities other than yourself.

6.5 The Affiliate’s Losses as a Customer

If the Affiliate is also a Customer in the Site, the Operator reserves the right to exclude the Affiliate’s revenues in the Revenue Reward due to the Affiliate.

6.6 Payment Procedure

At the start of every calendar month, the Operator will make available to the Affiliate in his CAAP account a statement showing any balance due to the Affiliate (if any) in respect of the previous calendar month. Such statement of account will be deemed to have been accepted and agreed by the Affiliate if the Operator does not receive any comments as to the accuracy of the statement within two weeks of the date of such statement.

The Affiliate will be paid its relevant payment under its Reward plan on a calendar monthly basis by the use of Bitcoin or Litecoin Digital Currencies, provided the amount payable to the Affiliate is not less than US$15 (or equivalent amount in the relevant currency);

If that minimum amount is not reached in a particular calendar month, the Operator will be entitled to withhold payment and carry the amount due to the Affiliate to the next calendar month and so on, until the minimum amount is reached. All payments will be due and paid in Bitcoin, Litecoin Digital Currencies or in any other currency at the Operator’s discretion.

The Operator will transfer funds only to the designated account detailed by the Affiliate.

6.7 Taxes and Other Charges

The Affiliate is fully responsible for all taxes, fees and other costs incidental to and arising from any payments made to it under this Agreement, including without limitation any processing fees. The Affiliate will indemnify and reimburse the Operator for any costs, expenses or losses that may be caused to it as a result of any claim or demand made by any governmental or other authority, with regard to tax withholding obligations or similar obligations to which the Operator may be subject in connection with making payments to the Affiliate. The Operator will be entitled to withhold or set-off any such amounts from the payments made to the Affiliate.

6.8 Right to Withhold Amounts

6.8.1 The Operator reserves the right to withhold all amounts due and payable to the Affiliate under this Agreement if it believes that any Fraud has taken place or is contemplated which involves the Affiliate, whether or not the withheld amounts relate to the event in question. If the Operator believes that a Fraud has taken place or is contemplated by any Customer without the Affiliate’s knowledge, it will be entitled to withhold any amounts due to the Affiliate in connection with such Fraud. The Operator will also be entitled, in the foregoing events, to set-off from future amounts payable to the Affiliate any amounts already received by the Affiliate which can be shown to have been generated by Fraud.

6.8.2 The Operator does not support any kind of content stealing or copying (site scraping) or any breach of any intellectual property rights, and it reserves the right to suspend and if necessary terminate the Affiliate’s account with it, if it is proven that the Affiliate is responsible for using such methods, and/or to transfer the amounts payable to the Affiliate to the original content creator and/or intellectual property rights holder.

6.8.3 The Operator reserves the right to delay or withhold payments if any supporting documents relating to the payments to be made to the Affiliate and/or those referred to in clause 5.2 of this Agreement are not promptly provided to it upon request.

6.8.4 If the Operator determines, at its sole discretion, that the Affiliate has engaged in any activity forbidden in this Agreement, the Operator may (without prejudice to any other rights or remedies available to it) withhold any amounts due and payable to the Affiliate hereunder, whether or not generated by such forbidden activity or breach and further suspend or terminate the Affiliate’s account at its discretion.

7. TERM AND TERMINATION

7.1 Term and Termination

7.1.1 This Agreement will come into force when the Affiliate’s application to join the CAAP is approved by the Operator, and shall continue in force unless and until either the Affiliate or the Operator notifies the other in writing that it wishes to terminate this Agreement, in which case this Agreement will be terminated immediately.

7.1.2 For the purposes of notification of termination, delivery via e-mail is considered a written and immediate form of notification.

7.1.3 Notwithstanding the provisions of clause 7.1.1 above, the Operator may immediately terminate this Agreement if it determines, at its sole discretion:

7.1.3.1 that the Affiliate or any of its Customers are engaged in Fraud or are suspected of being engaged in Fraud;

7.1.3.2 that it has doubts in respect of the Affiliate’s true identity and that the Affiliate is unable to provide the Operator with appropriate identification to effectively verify the Affiliate’s identity;

7.1.3.3 that any of the Affiliate’s activities pose a risk to the integrity of the CAAP;

7.1.3.4 that the Affiliate’s site is aimed at minors (below the age of 18 or a higher age as determined in any applicable jurisdiction);

7.1.3.6 that the Affiliate’s site promotes discrimination based on race, sex, religion, nationality, disability, sexual orientation or age; violates the intellectual property rights (including the Operator’s, those of any Sites or those of any third party); includes content which is libelous, obscene, sexually explicit or violent; promotes any unlawful activities; or at the Operator’s discretion is deemed unsuitable or inappropriate;

7.1.3.7 that the Affiliate site is in breach of any applicable law and/or applicable advertising code of practice;

7.1.3.8 that the Affiliate has failed to comply with clause 2.7 and/or its activity is deemed by the Operator to prejudice the Operator’s compliance with the Licensing Objectives and/or its license; and/or

7.2 Results of Termination

7.2.1 Immediately following the termination of this Agreement for any reason, the Affiliate must remove all of the Operator’s Banners and Text Links from its site, as well as any other Marks, names, symbols, logos, designs or any other material, graphics and content owned, developed, licensed or created by the Operator and/or provided to the Affiliate by the Operator in connection with this Agreement. The Affiliate must also disable any links from its site to any Site, and stop any activity relating to Promotional Mails. All rights and licenses granted to the Affiliate in this Agreement shall immediately terminate.

7.2.2 If the Affiliate has failed to fulfill its obligations and responsibilities under this Agreement, the Operator will not pay the Affiliate the Revenue Reward otherwise owing to the Affiliate on termination or thereafter, where applicable.

7.2.3 The Operator may withhold the Affiliate’s final payment for a reasonable time to ensure that the correct amount is paid and that there are no debts or liabilities owing from you to it. The Operator will be entitled to deduct from any payments due and payable to the Affiliate, any such debts and liabilities due to it, if any.

7.2.4 Any continued access and use by Customers of any of the Sites following the termination of this Agreement (if any) shall not constitute continuation or renewal of this Agreement or a waiver of its termination. For the avoidance of doubt, no additional payments will be due from the Operator to the Affiliate in relation to the same.

7.2.5 Notwithstanding deemed termination pursuant to clause 7.1.3.7, any account unused for withdrawals, or otherwise inactive, for a period of at least thirty six (36) consecutive months will be an “Inactive Account”. The Operator shall notify the Affiliate that its account is an Inactive Account and that the Inactive Account Fee will be deducted if the Affiliate does not reactivate its account (“Inactive Account Notice”). The Operator shall be entitled to retain fifty (50) percent of the total balance remaining on the Inactive Account (“Inactive Account Fee”) after 14 days have elapsed from the date of the Inactive Account Notice. Should the Affiliate subsequently fail to withdraw the remaining balance from the account, the Operator shall be entitled to retain the remainder of the balance on the account without further notice to the Affiliate upon expiry of 45 days from the date of the Inactive Account Notice.

7.2.6 The following clauses shall survive termination of this Agreement for any reason: 2.3.4, 2.3.5, 2.3.6, 2.3.7, 2.3.8, 3.9, 9, 11, 12, 17.1, 17.3, 17.9.

8. THE AFFILIATE’S REPRESENTATIONS AND WARRANTIES

Without derogating from, and in addition to, any of the Affiliate’s other representations, warranties, covenants and obligations contained in this Agreement, the Affiliate hereby represents and warrants to the Operator the following:

8.1 the execution, delivery and performance by the Affiliate of this Agreement and the completion by the Affiliate of the transactions contemplated hereby will not conflict with or violate any provision of law, rule, regulation or agreement to which the Affiliate is subject to;

8.2 the Affiliate is not under the age of either (i) 18, or (ii) the age under the law of the jurisdiction that applies to it, whichever is greater;

8.3 the Affiliate is not involved in or does not intend to be involved in or is not aware of any act or traffic that involves its site and that constitutes or can be reasonably expected to constitute Fraud or illegal activity, including but not limited to money laundering, under any applicable law, rule or regulation;

8.4 The Affiliate shall place Banners and Text Links and or carry out advertising for and on behalf of the Operator solely on websites which include content owned or licensed by such website owner and the Affiliate shall under no circumstances place Banners and Text Links and/or any other form of advertising for or on behalf of the Operator on websites which include content that infringes third party intellectual property rights; and

8.5 by participating in the CAAP, the Affiliate acknowledges that it does not find the Operator’s services to be offensive, objectionable or unfair in any way.

9. INDEMNITY

Without limiting any of the Operator’s rights and remedies hereunder or under any applicable laws, the Affiliate agrees to defend and hold the Operator and its shareholders, directors, officers, employees, agents and other representative harmless, and to immediately indemnify them upon their written demand, against any and all liabilities, losses, damages, costs and expenses, including reasonable legal fees, resulting from, arising out of, or in any way connected with:

9.1 any breach by the Affiliate of any warranty, representation, or agreement or clause contained in this Agreement;

9.2 the performance of the Affiliate’s duties and obligations under this Agreement; and

9.3 any claim or demand by a third party relating to the development, operation, maintenance or content of the Affiliate’s website, including (for the avoidance of doubt, but without limitation) the content on it, its domain name, metatag or any adword or other search engine optimisation tool connected to it.

10. NO WARRANTIES

EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, THE OPERATOR MAKES NO EXPRESS OR IMPLIED WARRANTIES OR REPRESENTATIONS WITH RESPECT TO THE CAAP OR TO ANY ARRANGEMENTS CONTEMPLATED BY THIS AGREEMENT, INCLUDING WITHOUT LIMITATION WITH REGARD TO THEIR FUNCTIONALITY, FITNESS FOR A PARTICULAR PURPOSE, SUITABILITY, MERCHANTABILITY, LEGALITY OR NON-INFRINGEMENT. IN ADDITION, THE OPERATOR MAKES NO REPRESENTATION THAT THE OPERATION OF THE SITES WILL BE UNINTERRUPTED OR ERROR-FREE AND IT WILL NOT BE LIABLE FOR THE CONSEQUENCES OF ANY INTERRUPTIONS OR ERRORS.

11. NO LIABILITY FOR PROMOTED SITES

The Operator is not liable in any way, nor does it assume any responsibility for or make any representations or warranties with regard to, any of the Sites, their operations, content or any other aspect related thereto.

12. LIMITATION OF LIABILITY

12.1 ANY LIABILITY TO THE AFFILIATE ARISING FROM THIS AGREEMENT AND THE CAAP IS LIMITED TO DIRECT DAMAGES ONLY. THE OPERATOR WILL NOT BE LIABLE FOR INDIRECT, SPECIAL, OR CONSEQUENTIAL DAMAGE OR LOSS OF ANY KIND, INCLUDING WITHOUT LIMITATION LOSS OF BUSINESS, PROFITS, REVENUE, CONTRACTS OR ANTICIPATED SAVINGS, OR ARISING FROM LOSS, DAMAGE OR CORRUPTION OF ANY DATA, EVEN IF IT HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES OR LOSSES.

12.2 IN ANY EVENT AND UNDER ANY AND ALL CIRCUMSTANCES, THE OPERATOR’S AGGREGATE AND TOTAL LIABILITY ARISING WITH RESPECT TO THIS AGREEMENT AND THE CAAP WILL NOT EXCEED THE AGGREGATE OF ALL PAYMENTS MADE TO THE AFFILIATE UNDER THIS AGREEMENT OVER THE 12 MONTHS PRECEDING THE EVENT GIVING RISE TO THE LIABILITY.

12.3 Nothing in this Agreement shall be construed to provide any rights, remedies or benefits to any person or entity not a party to this Agreement.

12.4 Nothing in this Agreement shall serve to limit the Operator’s liability to the Affiliate for death or personal injury caused by the Operator’s negligence, or for fraud.

12.5 FOR THE AVOIDANCE OF DOUBT, IN NO EVENT SHALL THE OPERATOR BE RESPONSIBLE FOR ANY DISPUTE OR CLAIM BETWEEN THE AFFILIATE AND ANY USER OF THE AFFILIATE’S WEBSITE.

13. RELATIONSHIP OF PARTIES

13.1 The relationship between the parties to this Agreement is that of independent contractors and nothing contained in this Agreement shall be deemed to create a joint venture, partnership, employment, agency or similar arrangement between the parties. No party possesses the power or authority to bind the other, or to assume or create any obligation or responsibility, expressed or implied, on behalf of the other, and no party shall represent to anyone that it possesses such power or authority, except to the extent that such is required for the performance of the obligations of each party as detailed in this Agreement.

13.2 The Affiliate will have no authority to make or accept any offers, representations or obligations on the Operator’s behalf. The Affiliate will not make any statement, whether on its site or otherwise, that could be reasonably construed to contradict the foregoing.

13.3 The Affiliate agrees to indemnify the Operator for any and all payments that it is required to make to any of the Affiliate’s employees in the event that any judgment is imposed on the Operator by a Court or Tribunal stating that an employer-employee relationship existed between the Operator and the Affiliate’s employees.

14. INDEPENDENT INVESTIGATION AND ACKNOWLEDGEMENT

14.1 THE AFFILIATE ACKNOWLEDGES THAT IT HAS READ THIS AGREEMENT AND AGREES TO ALL OF ITS TERMS AND CONDITIONS.

14.2 THE AFFILIATE UNDERSTANDS THAT THE OPERATOR MAY AT ANY TIME (DIRECTLY OR INDIRECTLY) SOLICIT CUSTOMER REFERRALS ON TERMS THAT MAY DIFFER FROM THOSE CONTAINED IN THIS AGREEMENT, OR OPERATE OR CONTRACT WITH WEB SITES THAT ARE SIMILAR TO OR COMPETE WITH THE AFFILIATE’S SITE.

14.3 THE AFFILIATE ACKNOWLEDGES THAT IT HAS INDEPENDENTLY EVALUATED THE DESIRABILITY OF PARTICIPATING IN THE CAAP AND THAT IT IS NOT RELYING ON ANY REPRESENTATION, GUARANTEE, OR STATEMENT OTHER THAN THOSE EXPRESSLY SET FORTH IN THIS AGREEMENT.

15. AMENDMENTS TO AGREEMENT

15.1 The Operator may amend any of the terms and conditions contained in this Agreement, at any time and at its sole discretion, by posting the amended agreement on the “Terms & Conditions” page on the Cryptoalerts Website. Any changes will take effect from the date specified at the head of the Agreement and the Affiliate is solely responsible for making itself aware of any such amended versions and changes. It is important, therefore, that the Affiliate logs in from time to time to the section of the Cryptoalerts Website relating to ‘Affiliates’ to check to see whether an amended version has been posted to the Cryptoalerts Website, or carry out such checks by other relevant means. Amendments may include, for example, changes in the reward amounts payable under this Agreement, payment procedures, and restrictions on operation and any other CAAP rules. None of the Operator’s employees, officers or agents may orally amend, modify or waive any provision of this Agreement.

15.2 IF ANY AMENDMENT IS UNACCEPTABLE TO THE AFFILIATE, THE AFFILIATE’S ONLY RECOURSE IS TO TERMINATE THIS AGREEMENT. THE AFFILIATE’S CONTINUED PARTICIPATION IN THE CAAP FOLLOWING THE OPERATOR’S POSTING OF ANY AMENDED AGREEMENT ON ITS SITE WILL CONSTITUTE A BINDING ACCEPTANCE OF THE AMENDED AGREEMENT, WHETHER OR NOT THE AFFILIATE HAS ACTUALLY LEARNED OF OR READ THE RELEVANT CHANGES.

16. DATA PROTECTION

16.1 The Affiliate shall at all times comply with the Data Protection Acts 1988 and 2003, as amended, and the Privacy and Electronic Communications (EC Directive) Regulations 2003 and all other applicable data privacy rules, laws and regulations anywhere in the world.

17. MISCELLANEOUS

17.1 Use of the Affiliate’s Personal Information

17.1.1 The Affiliate acknowledges that its personal information (meaning any information about it from which it can be personally identified, such as its name, address, telephone number or email address) may be used by the Operator for the following purposes:

17.1.1.1 to set up and maintain the Affiliate’s account with the Operator; and for the provision of the services to which this CAAP relates;

17.1.1.2 to Comply with relevant regulations regarding the Affiliate’s registration with the Operator, including verifying the information which the Affiliate provides to it;

17.1.1.3 to monitor activities in order to detect fraudulent or otherwise unlawful, criminal or improper activities (including money laundering) and breaches of this CAAP; and to investigate and/or prevent any such activities; to report any such activities to any relevant authorities and/or other online operators or other online service providers;

17.1.1.4 to keep the Affiliate informed of future events, offers and promotions in relation to its account; and to provide the Affiliate with important information about its account;

17.1.1.5 for any other purpose which is necessary for the performance of the Operator’s contractual obligations to the Affiliate, or for enforcing the Affiliate’s compliance with its contractual obligations to the Operator.

17.1.2 The Affiliate hereby consents to the use of its personal information as set out in clause 17.1.1 above by the Operator, including the disclosure by the Operator to relevant third parties for such purposes, including (without limitation) to:

17.1.2.1 identify and/or age verification agencies, and/or credit checking agencies;

and the Affiliate hereby agrees to cooperate fully with the Operator in respect of any such investigations of activities which it or any such third party may carry out.

17.2 Remedies and Injunctive Relief.

The Operator’s rights and remedies hereunder shall not be mutually exclusive, i.e., the exercise of one or more of the Operator’s rights or remedies in connection with this Agreement shall not preclude the exercise of any other right or remedy. The Affiliate acknowledges, confirms and agrees that damages may be inadequate for a breach or a threatened breach of this Agreement and, in the event of a breach or threatened breach by the Affiliate of any provision of this Agreement, the Operator’s rights and obligations may be enforceable by specific performance, injunction, or other equitable remedy. Nothing contained in this Agreement shall limit or affect any of the Operator’s rights at law, contract or otherwise, for a breach or threatened breach of any provision of this Agreement, it being the intent of this provision to make clear that the Operator’s respective rights and obligations shall be enforceable in equity as well as at law or otherwise.

17.3 Governing Law and Jurisdiction.

17.3.1 The construction, validity and performance of this Agreement will be governed by English law.

17.3.2 This however, shall not prevent the Operator from bringing any action in a Court of any jurisdiction for injunctive or similar relief.

17.3.3 The English language version of this Agreement will prevail over any other language version issued by the Operator.

17.4 Severability.

Whenever possible, each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law but, if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect, such invalidity or unenforceability will not affect the other provisions of this Agreement which will remain in full force and effect.

17.5 Contracts (Rights of Third Parties) Act 1999

Save where a third party has been designated by the Operator to promote a website pursuant to clause 4.1.3, the parties do not intend that the terms of this Agreement shall be enforceable by any person who is not a party to this Agreement and therefore the Contracts (Rights of Third Parties) Act 1999 shall not apply to this Agreement.

17.6 No Waiver

The Operator’s failure to enforce the Affiliate’s strict performance of any provision of this Agreement will not constitute a waiver of its right to subsequently enforce such provision or any other provision of this Agreement.

17.7 No Assignment.

The Affiliate may not assign or transfer this Agreement or any part thereof without the Operator’s prior written consent.

17.8 Entire Agreement.

This Agreement constitutes the complete understanding and agreement of the parties and supersedes all prior negotiations, understandings, agreements, representations and warranties of any nature whether or not in writing between the parties with respect to the subject matter of this Agreement.

17.9 Notices.

Unless otherwise agreed to by the parties in writing, all notices required under this Agreement will be deemed effective when received and made in writing either electronically with a read receipt requested or by registered postal mail to the addresses detailed in the Affiliate’s Affiliate registration details or to the Operator by way of email at [email protected]

THIS VERSION DATED AND EFFECTIVE FROM: 1st December 2014