1.1 Registration Information. Affiliate shall provide any information requested by VSOUTLET.CO and shall ensure such information is true, accurate and complete, for the purpose of registration for the Program. Any false or inaccurate information submitted to VSOUTLET.CO shall be deemed as grounds for termination of this Agreement. VSOUTLET.CO may accept or reject the Affiliate’s application at its sole discretion and for any reason.
1.2 Limited License. If Affiliate is accepted into the Program, VSOUTLET.CO grants to Affiliate for the duration of this Agreement a non-exclusive, non-transferable, and revocable right to display the Affiliate Links on its Affiliate Media at its own cost, for the sole purposes of Affiliate’s participation in the Program. Affiliate shall not, without the prior written consent of VSOUTLET.CO, alter or modify or create derivative works of the Affiliate Links or any of VSOUTLET.CO’s intellectual property. Except as expressly set forth in this Agreement, nothing in this Agreement is intended to grant Affiliate any rights to use any of VSOUTLET.CO’s intellectual property.
1.3 Eligibility. Affiliate Media must be publically available via the information provided in Affiliate’s application to join the Program. Affiliate shall not be eligible to participate, and VSOUTLET.CO may terminate Affiliate’s participation, in the Program if its Affiliate Media contains any of the Prohibited Content or other content that VSOUTLET.CO deems inappropriate. Affiliate Media may include social media and websites (including, but not limited to, website/blog domain, Facebook, Pinterest, and Twitter). Approved Social Media must (i) not contain the trademarks, names, or logos of VSOUTLET.CO, or display misleading content.
COMMISSION FEE AND PAYMENT TERMS
2.1 Commission Rate. The fees are payable by VSOUTLET.CO to Affiliate in a given month (the “Commission Fee”) shall be calculated in accordance with the rates stated on the Platform website or as separately agreed between Affiliate and VSOUTLET.CO in writing (such rate, the “Commission Rate”).
2.2 Calculation of Commission Fee. The Commission Fees for a given month shall be calculated to be (a) the Confirmed Budget; or (b) the Net Completed Purchase Value multiplied by the Commission Rate, whichever is the lower. All Commission Fees paid to, and received by, Affiliates are inclusive of all sales, service, use, consumption, value-added, goods-and-services, business, and any similar taxes. VSOUTLET.CO shall deduct a service fee (exclusive of Goods and Services Tax ("GST")) from the Commission Fees in accordance with the rates stated on the Platform website or as separately agreed between Affiliate and VSOUTLET.CO in writing.
2.3 The Commission Fees payable to Affiliate shall be added to the Affiliate’s Account Balance.
2.4 Chargebacks. VSOUTLET.CO shall not make Commission payouts on, and reserves the right to set-off or initiate chargebacks on transactions that were previously paid out. Such transactions include but are not limited to:
(a) transactions that do not meet the requirements to be a Completed Purchase;
(b) canceled, incomplete, returned, or refunded transactions;
(c) transactions made with the intention of reselling the purchased Products; and
(d) transactions performed through Affiliate Links placed on Affiliate Media which contains any Prohibited Content.
a) request that the Affiliate Links and/or Affiliate Media be removed or taken down immediately;
b) require Affiliate to cure its violation, non-compliance, or breach within a specified period of time;
c) for each violation, impose a fine or Chargeback on Affiliate as liquidated damage, which fine or Chargeback will not relieve Affiliate from its liabilities if Shopee’s losses exceed such amount; or
d) terminate this Agreement.
Last updated: 12 July 2021