Affiliate Terms and Conditions
These Terms
and Conditions (the “Affiliate Agreement“) govern the
Affiliate Program that is made available by Netzwerk Academy. (“Netzwerk
Academy“, “we” or “us“). These Terms
and Conditions represent the whole agreement and understanding between Netzwerk
Academy and the individual or entity who participates in the Affiliate Program
(the “Affiliate“, or “you“).
Please read
this agreement careful as it represents a legally binding agreement between you
and Netzwerk Academy. By submitting your application and by your use of the
Affiliate Program, you agree to comply with all of the terms and conditions set
out in this Affiliate Agreement. Netzwerk Academy may terminate your Affiliate
Account at any time, with or without notice, for conduct that is in breach of
this Affiliate Agreement, for conduct that Netzwerk Academy believes is harmful
to its business, or for conduct where the use of the Affiliate Program is harmful
to any other party.
Netzwerk
Academy will provide the Affiliate with unique onboarding process &
affiliate CODE to track the sales done by affiliates & initiate payout.
3. Affiliate Fees and Payouts
A referral
will become eligible for payout (“Eligible Referral“) at the
end of the calendar month if it meets all of these criteria:
i.
The referral makes a purchase of a course and has paid in full.
ii.
The payout will be deposited on 1st of every month for all
the sales occurred in the previous month in the account provided by the
affiliate.
iii.
Links to additional products and services offered by Netzwerk Academy.
There is no
threshold for referral numbers for any given month. Affiliate will be paid even
on 1 sale also.
All
Affiliate Fee payments will be payable in INR only, except as otherwise
determined by Netzwerk Academy in its sole discretion. Payment will be made
through Internet banking against a valid sale. The Affiliate is responsible for
providing Netzwerk Academy with the full and accurate details that are required
to remit the Affiliate payment, and is solely responsible for any delays in
payment resulting from its failure to do so.
In the
event of any activity deemed suspicious by Netzwerk Academy, Netzwerk Academy
may delay the payment of Affiliate Fees by up to 6 calendar months to verify
the relevant transactions. Netzwerk Academy reserves the right to recalculate,
void, or disqualify any referrals or Affiliate Fees in the event of any
fraudulent, deceptive or otherwise illegal activity.
Referrals
for purchases made through Netzwerk Academy promotional or special offers are
not eligible for payout.
The course
prices are inclusive of GST (18%) and affiliate will get a referral BONUS of
15% of the amount excluding taxes.
Example: A
course of Basic Data Science costs Rs.8500 incl. GST, the course price before
GST will be 7203. The affiliate gets paid a commission of 15% of 7203, i.e.,
Rs.1080 (rounded up). This calculation will be applicable for all the courses
& its prices. A price chart with exact amount will be share to the affiliate.
Occasional
offers & gifts will also be announced on our social media platforms &
website.
We will
provide a list of courses, you can opt all or any of the products to promote.
Netzwerk
Academy hereby grants the Affiliate a non-exclusive, non-transferable, limited
license to use the Netzwerk Academy logos for the sole purpose of promoting our
service within the context of the Affiliate Program. This license will expire
upon termination of the Affiliate’s participation in the Affiliate Program.
The
Affiliate may only display advertisements that contain Netzwerk Academy’s logos
or service marks in good taste. The Affiliate may not use Netzwerk Academy’s
logos or service marks in a manner that, in Netzwerk Academy’s sole discretion,
portrays Netzwerk Academy in negative light.
The
Affiliate will be solely responsible for its own marketing activities. All
marketing activities must be professional and in full compliance with all
applicable laws.
Netzwerk
Academy may, without prior notice, require the Affiliate to remove or modify
any advertisements in Netzwerk Academy’s sole discretion.
The
Affiliate may terminate the Affiliate’s participation in the Affiliate Program
with immediate effect by giving the other party a written notice of
termination.
Netzwerk
Academy reserves the right to terminate the Affiliate’s participation in the
Affiliate Program at any time for conduct that is in material breach of this
Affiliate Agreement or for conduct that Netzwerk Academy, in its sole
discretion, deems to be harmful to its business or any third party.
Upon
termination, the Affiliate will lose access to its Affiliate Dashboard and will
forfeit all potential or unpaid Affiliate Fees.
Netzwerk
Academy and the Affiliate are independent contractors. Nothing in this
Affiliate Agreement will create any partnership, employment, representative,
agency, or joint venture relationship between the parties. The Affiliate has no
authority to act on Netzwerk Academy’s behalf.
The
Affiliate Program is provided on an “as is” and “as
available” basis and the use of the Affiliate Program is at the
Affiliate’s own risk. Netzwerk Academy makes no representations or warranties,
either expressed or implied, with respect to the Affiliate Program, or any
service or information provided through the Affiliate Program.
Netzwerk
Academy is not responsible for any damages, injury or economic loss arising
from the use of Affiliate Program. Should any part of the Affiliate Program
cause damage or inconvenience to the Affiliate or anyone claiming through the
Affiliate, the Affiliate assumes responsibility and the entire cost for them.
The
Affiliate will indemnify and hold harmless Netzwerk Academy, its directors,
officers, employees, agents, subsidiaries, and third parties from and against
any losses, damages, liabilities, claims, judgments, settlements, fines, costs
and expenses (including reasonable related expenses, legal fees, costs of
investigation) arising out of or relating to the Affiliate’s or any third
party’s operations or use of the Affiliate Program.
Netzwerk
Academy may, in its sole discretion, change or modify this Affiliate Agreement
at any time, with or without notice. Such changes or modifications shall be
made effective for all Affiliates upon posting of the modified Affiliate
Agreement to this web address: https://www.NetzwerkAcademy.com. The
Affiliate is responsible for reading this document from time to time to ensure
that its use of the Affiliate Program remains in compliance with this Affiliate
Agreement.
If any
modification is unacceptable to the Affiliate, its sole recourse shall be to
terminate this Affiliate Agreement. The Affiliate’s continued participation in
the Affiliate Program will constitute binding acceptance of such modifications.
In case any
affiliate does any kind of fraud in the name of Netzwerk Academy with any of
the aspirants / leads. Netzwerk Academy will be filing a case of defamation
of Rs.10 lakhs as brand defamation fine. The fraudulent affiliate is entitled
to pay this fine without any objection when found guilty.
The
Affiliate warrants and represents that it is over the age of 19 and is
qualified to enter into this Affiliate Agreement.
The
Affiliate warrants and represents that its actions and its participation in the
Affiliate Program is in compliance with all applicable laws, rules,
regulations, and any requirements of governmental authority at all times. Netzwerk
Academy reserves the right to terminate the Affiliate’s participation in the
Affiliate Program if Netzwerk Academy determines, in its sole discretion, that
the Affiliate’s actions or its participation in the Affiliate Program is in
violation of any laws, rules, regulations, or any requirements of governmental
authority.
This
Affiliate Agreement constitutes the entire understanding between Netzwerk
Academy and the Affiliate. This Affiliate Agreement supersedes any other
contracts or understandings between the parties hereto and neither party shall
be bound by any statements or representations that are not embodied in this
Agreement.
Any dispute
arising in relation to this Affiliate Agreement shall be exclusively resolved
in the Courts of the jurisdiction of Kalaburgi district, Karnataka.