Last updated: November 2nd, 2023
Affiliate Agreement
The following Affiliate Agreement ("Agreement") is entered into by and between Forbes Riley Media, MJR Dominion LLC, ("Company," "we," or "us") and the party registering to become an affiliate of the Company and/or having an accepted registration ("Affiliate" or "You").
The Company has established an affiliate program for affiliates to promote its products in exchange for a share of the proceeds of sales (the "Affiliate Program"). Except as modified by a separate agreement governing the promotion of any particular product, the terms of this Agreement apply to your participation in the Company's Affiliate Program.
By registering to participate in the Affiliate Program and/or by otherwise participating in the Affiliate Program, you are expressly agreeing to the terms and conditions set out in this Agreement and in any agreement that might apply to individual products.
Registration & Acceptance
To participate in the Affiliate Program, you must complete an Affiliate Program Registration form ("Registration"). You are required to answer all questions in that Registration, and your answers must be accurate and complete.
To participate in the Affiliate Program, you must provide the Company with your true identity and other contact information, as well as business and banking information, as requested. You may not use any alias, pseudonym, persona, pen name, DBA, or other means to mask your identity or business details.
The Company will rely upon the information provided in your Registration, and any false information will be a basis to reject your Registration or to terminate your status as an Affiliate without compensation if discovered at any time.
Taxes and Payment Gateways
Affiliates shall not be eligible to receive any payments from the Company until the Affiliate has submitted the appropriate tax forms and has provided the necessary payout information.
U.S. Affiliates: Affiliates based in the United States are required to submit a completed W-9 form to be eligible for payouts. This form is necessary for tax reporting purposes. Affiliates will be prompted to submit the W-9 form upon reaching the minimum payout threshold of $100. Failure to provide a valid W-9 form may result in delayed or withheld payouts.
Non-U.S. Affiliates: Affiliates residing outside the United States are not required to submit a W-9 form. However, it is essential for non-U.S. affiliates to inform us of their non-U.S. tax status. To facilitate timely payouts, non-U.S. affiliates should contact the Company to inform the billing team of the country they reside in.
Please note that tax regulations may vary by jurisdiction, and affiliates are responsible for understanding and complying with their local tax laws.
The Company shall pay any sums above the minimum payout threshold of $100 due to the Affiliate as set forth below via PayPal. Affiliates shall be responsible for providing their necessary business information and banking details to facilitate using the payment method. In rare situations where we are unable to complete the payment via PayPal, we may submit the payment via Check. Payments will only be made to those who are owed $100.00 USD or greater for the applicable payment period. If an affiliate has not reached the $100.00 USD threshold in a 6-month period, the commission will expire.
Commissions
The Company will pay the Affiliate a fee (a "Commission") for each new customer acquired as a result of a customer being referred to the Company using the unique tracking links assigned to the Affiliate ("Affiliate Links"). The Company will only pay commissions for new students, not existing students. Affiliates are not permitted to take a commission on their own purchase (with the exception of the Forbes Factor Radio Show. Commission amounts need to exceed $100 to be paid out. The tracking and attribution of sales to Affiliates based on their tracking links is done automatically by the Company's marketing automation system. Affiliates shall be paid only for sales that are tracked through the Company's marketing automation system and indicate the Affiliate Link as the source of the sale.
The commission rate for each product is predetermined and available for review within the affiliate portal. Affiliates can access a list of products along with their corresponding commission rates upon logging into their affiliate account. It is the affiliate's responsibility to familiarize themselves with the commission structure for each product they choose to promote.
The Company reserves the right to adjust commission rates at its discretion. Any changes to commission rates will be communicated to affiliates through the affiliate portal, and affiliates are encouraged to check for updates regularly.
Affiliates agree that the Company shall only be liable for payment of the Commissions to the extent it receives all funds due and owing to it from the relevant customer after the refund period has passed. Accordingly, the Affiliate shall not be entitled to any Commission on a sale that is refunded, for which there is a chargeback, or for which the Company ultimately does not receive the sales proceeds as a result of credit card abuse or fraud.
The Company shall pay Commissions in the first week of every month for the following month. For example, commissions available for payout in June will be paid in the first week of July.
Right To Chargeback, Offset, and Holdback
The Affiliate agrees that the Company shall have the right to charge back the Affiliate's account or otherwise adjust for any previously paid Commissions that ultimately are not commissionable under this Affiliate Agreement. Specifically, in the event that a sale attributed to an Affiliate is charged back, refunded for any reason, or otherwise challenged after the Commission has been paid, the Company shall have the right to charge back the Commission paid to the Affiliate.
Affiliates further agree that the Company shall have the right to offset any Commissions due and payable to the Affiliate to account for any chargebacks the Company experiences on sales for which the Affiliate has already received a Commission.
Affiliates further agree that the Company shall have the right to hold back up to 100% of the Commissions due ("the Holdback") for a period of 90 days to ensure an ability to offset any chargebacks. In the event that the Affiliate's chargeback percentage exceeds the Holdback for a period of two consecutive months, the Company shall have the right to increase the percentage of commissions held back from the Affiliate. The Company shall provide written notice of any such increased holdback percentage that shall apply to the Affiliate.
Representations and Warranties
The Company represents and warrants:
- that it shall not knowingly and intentionally violate any law, regulation, or rule applicable to its business operations;
- that the products and/or services offered in connection with the Affiliate Program are legal products and services within the Company's jurisdiction;
- that it intends to be bound by the mutual promises, terms, and conditions of this Agreement; and
- that it has the necessary intellectual property and other rights to offer the products that are available for promotion under the Affiliate Program.
Affiliates represents and warrants:
- that the Affiliate has read this Agreement, understands its terms, and agrees to be bound by this Agreement:
- that this Agreement constitutes the Affiliate's valid and binding agreement and was executed by a person with authority to bind the Affiliates;
- that the Affiliate's answers to the questions in the Registration were truthful and accurate to the best of the Affiliate's knowledge;
- that the Affiliate will comply with CAN-SPAM, GDPR, and CA-SL requirements in connection with email marketing;
- that the Affiliate will comply with all applicable Federal Trade Commission rules, regulations, and guidelines related to affiliate marketing;
- that the Affiliate will not make use of the Company's name, trademark, or service mark in any manner other than expressly allowed under the Affiliate Program; and
- that Affiliate will not engage in any behavior that violates the terms of this Agreement or that constitutes an attempt to fraudulently or deceptively increase the earnings of the Affiliate under this Affiliate Program.
Promotional Materials, Limited License, and Intellectual Property
From time to time, the Company may make materials available to the Affiliate for use in promoting the Company's products ("Promotional Material"). The Promotional Material may include the Company's logos, images of products that are part of the Affiliate Program, display banner advertisements, button links, text links, and other graphic and textual material for use in the Affiliate's promotion efforts.
Upon acceptance into the Affiliate Program, the Company grants the Affiliate a revocable, non-exclusive, worldwide, royalty-free license to use the Promotional Material during the term of this Agreement. Affiliates may use the Promotional Material on its web pages, in emails, and in other promotional activities.
Affiliates may use any such Promotional Material solely for the purpose of promoting the Company's products and/or for linking to the Company's websites. Affiliates may not make any other use of the Promotional Material and shall not state or imply that the Company has endorsed the Affiliate.
Affiliates agree not to alter, add to, subtract from, or otherwise modify any of the Promotional Material provided by the Company without the express written consent of the Company. Moreover, the Affiliate may not make any derivative works using the Promotional Materials.
Confidentiality
Affiliates shall not, directly or indirectly, use for his or her own benefit (other than to fulfill his or her obligations hereunder) or disclose to any third party any Confidential Information (as defined below) of the Company without prior written permission of the Comapny in each instance. Confidential Information means all non-public information of the Company, including, without limitation, these Terms and Conditions, sales figures, software passwords, Company list size, list contents, ideas, stories, activities, curriculum, event format, presentation materials, presentation content, inventions, financial information, business plans, business processes, marketing plans, marketing strategies, marketing copy, financial projections, customer lists, customer financial information, personal information of executives, sponsorship strategies, relationships with other vendors, media delivery concepts and systems, including, but not limited to, web-based delivery systems, technical data, software designs, drawings, specifications, models, source code, object code, documentation, diagrams, flowcharts, and other similar information that is proprietary to and confidential information of the Company.
This Agreement imposes no obligation of confidentiality on Affiliates with regard to any portion of the Companys Confidential Information (a) that is generally available to the public at the time of disclosure; (b) that becomes generally available to the public after the Promotion without any breach of this Agreement by Affiliates; or (c) that Affiliates can demonstrate by written records he or she had independently developed without any access to or usage of the Confidential Information.
In the event Affiliates becomes or may become legally compelled to disclose any Confidential Information (whether by deposition, interrogatory, request for documents, subpoena, civil investigative demand or other process or otherwise), Affiliates shall provide to the Company prompt prior written notice of such requirement so that the Company may seek a protective order or other appropriate remedy and/or waive compliance with the terms of this Section. In the event that such protective order or other remedy is not obtained, or that the Company waives compliance with the provisions hereof, Affiliates shall furnish only that portion of the Confidential Information which he or she is advised by counsel is legally required to be disclosed and shall use his or her best efforts to ensure that confidential treatment shall be afforded such disclosed portion of the Confidential Information. In general, Affiliates may not disclose any financial, personal, or business information about the Company or its executives without permission from the Company. Such disclosure is grounds for legal action, equitable relief, and termination of this Agreement.
Acceptable and Non-Acceptable Marketing Practices
Affiliates shall post and make available to all end-users an appropriate privacy policy that complies with all applicable federal, state, and local laws and requirements. The privacy policy shall be made available to users prior to the collection of any personally identifiable information and shall clearly disclose all information collection, use, and sharing practices, including any collection of information in connection with the Affiliate Program.
Affiliates shall not promote the Company products:
- In conjunction with any illegal activity.
- On any illegal website.
- In a manner that a reasonable person would consider threatening, harmful, defamatory, obscene, sexually explicit, harassing, or promoting violence.
- In a manner that promotes discrimination.
- In any manner the Company expressly deems as objectionable.
- In a manner that infringes upon the intellectual property or related rights held by any third party.
- Inside any Company managed Facebook groups.
- Affiliates shall not make any claims, guarantees, representations, or warranties about the Company’s products except as expressly authorized herein or in the Company's Terms of Use.
Term and Termination
This Agreement shall commence upon the date you complete the affiliate registration and shall continue thereafter until terminated as provided herein.
The Company may terminate this Agreement in full or in part at any time and for any reason it deems appropriate with or without prior notice to you. In the event of termination, the Company will disable any tracking URLs, links, cookies, pixels, and similar mechanisms for use with the Affiliate Program. You may terminate this Agreement at any time upon notification to the Company in writing via email to support@TeamForbesRiley.com.
Upon termination, you shall immediately cease all use of the Promotional Materials and all of the Company’s intellectual property and will delete all copies of such materials in your possession. Furthermore, you shall immediately cease representing yourself as a participant in the Affiliate Program.
You shall NOT be entitled to any accrued Commissions that have been earned prior to the termination of this Agreement.
Nature of The Relationship
The relationship between the parties is that of independent contractors. Nothing contained in this Agreement shall be construed as creating any agency, partnership, joint venture, or other form of joint enterprise, employment, or fiduciary relationship between the parties, and neither party shall have authority to contract for or bind the other party in any manner whatsoever.
Disclaimers
The Affiliate Program, any Promotional Material, and the products and services provided in connection therewith are provided to the Affiliate "as is."
Except as expressly set forth in this Agreement, the Company expressly disclaims, to the maximum extent allowed by law, all warranties, express, implied, or statutory, including but not limited to the implied warranties of merchantability, fitness for a particular purpose, and non-infringement, and any warranties arising out of the course of dealing, usage, or trade.
The Company does not warrant that the Affiliate Program or Promotional Materials will meet the Affiliate's specific requirements or that the materials are error-free or uninterrupted.
The Company expressly disclaims any liability for any act or omission of any third-party provider not under the control of the Company and their products and services.
The Affiliate expressly agrees and understands that the Company has not guaranteed that the Affiliate will earn any specific amount of commissions and attests that no such representations or claims have been made.
Limitation of Liability
You agree to absolve and do hereby absolve the Company of any and all liability or loss that you or any person or entity associated with you may suffer or incur as a result of participation in the Affiliate Program and/or any information and resources contained in the Affiliate Program. You agree that the Company shall not be liable to you for any type of damages, including direct, indirect, special, incidental, equitable, or consequential loss or damages for participation in the Affiliate Program.
To the maximum extent permitted by applicable law, in no event shall the Company be liable for any direct, indirect, punitive, incidental, special, consequential damages, or any damages whatsoever, including, without limitation, damages for loss of use, data, or profits arising out of or in any way connected with the use or performance of the Affiliate Program, with the delay or inability to use the Affiliate Program or related service, the provision of or failure to provide services, or for any information, software, products, services, and related graphics obtained through the Affiliate Program, or otherwise arising out of the use of the Affiliate Program, whether based on contract, tort, negligence, strict liability, or otherwise, even if the Company or any of its suppliers has been advised of the possibility of damages. Because some states or other jurisdictions do not allow the exclusion or limitation of liability for consequential or incidental damages, the above limitations may not apply to you. If you are dissatisfied with the Affiliate Program or any portion of it, your sole and exclusive remedy is to terminate your participation in the Affiliate Program.
Arbitration
You hereby expressly waive any and all claims you may have, now or in the future, arising out of or relating to the Affiliate Program.
To the extent that you attempt to assert any such claim, you hereby expressly agree to present such claim only through binding arbitration to occur in Pinellas County, Florida, USA. You further agree to and do hereby waive any right to class arbitration and agree, instead, to conduct an arbitration related solely to any individual claims you and/or any entity related to you assert against the Company and it’s representatives. To the fullest extent permissible by law, you further agree that you shall be responsible for all costs associated with initiating the arbitration and for the administration of the arbitration.
Dispute Resolution
You hereby expressly waive any and all claims you may have, now or in the future, arising out of or relating to the Affiliate Program. To the extent that you attempt to assert any such claim, you hereby expressly agree to present such claim only in the state or federal courts that are geographically nearest to Pinellas County, Florida, USA.
Choice of Law
This Agreement shall be governed by and interpreted under the laws of Florida, without regard to any conflict of laws provisions.
Indemnification
You agree to indemnify, defend, and hold harmless the Company, its officers, directors, employees, contractors, agents, and third parties for any losses, costs, liabilities, and expenses (including reasonable attorneys’ fees) relating to or arising out of:
(a) Affiliate’s breach of any provision of this Agreement, including the representations and warranties.
(b) Any misuse, fraud, or deceptive conduct by the Affiliate or any of its agents in connection with the Affiliate Program.
(c) Any claims related to any promotional media created by the Affiliate (excluding claims related to any Promotional Material provided by the Company).
The Company hereby agrees to indemnify, defend, and hold harmless the Affiliate, its officers, directors, employees, agents, and third parties for any losses, costs, liabilities, and expenses (including reasonable attorneys’ fees) relating to or arising out of an allegation that the Company does not have the right to provide the Promotional Material or that the Promotional Materials violate a third-party’s rights.
Modification
The Company may modify this Agreement at any time without providing Affiliates with notification of the proposed changes. Any changes will not alter the Company’s obligation to Affiliates with respect to any previously earned commissions. Any such changes shall become effective immediately without notice.
If the proposed modifications are unacceptable to you, you may terminate this agreement pursuant to the Termination clause above. Continued participation in the program shall constitute your acceptance of and agreement to the modification to this Agreement.
Entire Agreement
This Agreement constitutes the entire agreement between You and the Company with respect to the Affiliate Program, and it supersedes all prior or contemporaneous communications and proposals, whether electronic, oral, or written, between You and the Company with respect to the Affiliate Program. A printed version of this Agreement and of any notice given in electronic form shall be admissible in judicial or administrative proceedings based upon or relating to this agreement to the same extent and subject to the same conditions as other business documents and records originally generated and maintained in printed form.
Severability
If any term or provision of this Agreement is found by a court of competent jurisdiction to be invalid, illegal, or unenforceable in any jurisdiction, such invalidity, illegality, or unenforceability shall not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any other jurisdiction.
Waiver
No waiver by any Party of any of the provisions of this Agreement shall be effective unless explicitly set forth in writing and signed by the Party so waiving. Except as otherwise set forth in this Agreement, no failure to exercise or delay in exercising any right, remedy, power, or privilege arising from this Agreement shall operate or be construed as a waiver thereof, nor shall any single or partial exercise of any right, remedy, power, or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power, or privilege.
Force Majeure
The Company shall not be liable or responsible to You, nor be deemed to have defaulted or breached this Agreement, for any failure or delay in fulfilling or performing any term of this Agreement when and to the extent such failure or delay is caused by or results from acts or circumstances beyond the reasonable control of the Company, including, without limitation, acts of God, flood, fire, earthquake, explosion, governmental actions, war, invasion, or hostilities (whether war is declared or not), terrorist threats or acts, riot, or other civil unrest, national emergency, revolution, insurrection, epidemic, lock-outs, strikes or other labor disputes (whether or not relating to either party's workforce), or restraints or delays affecting carriers or inability or delay in obtaining supplies of adequate or suitable materials, materials or telecommunication breakdown or power outage.
For correspondence or questions, contact: support@teamforbesriley.com.