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eSilverBullet Affiliate/Referral Agreement

Scope of Agreement:

This Affiliate/Referral Agreement ("Agreement") is between eSilverBullet, Inc. ("Company') and you (either an individual or a legal entity that you represent as an authorized employee or agent) ("Affiliate").

BY CLICKING THE "I ACCEPT" BUTTON, PLACING AN AFFILIATE LINK OR BANNER AD ON YOUR SITE OR IN AN EMAIL, AND/OR SENDING A REFERRAL FROM WITHIN THE ESILVERBULLET APPLICATION (OR BY ANOTHER METHOD AS MAY BE DESIGNATED BY THE COMPANY), YOU AGREE THAT YOU HAVE READ, UNDERSTAND AND AGREE TO BE BOUND BY ALL OF THE TERMS, POLICIES AND CONDITIONS OF THIS AGREEMENT, AS THEY MAY BE MODIFIED FROM TIME TO TIME.

Recitals:

A. Whereas Company sells a variety of products, including (but not limited to) eSB Connector, eSB Composite, eSB Interact, eSB Builder, eSB Lister, eSB Research and eSB Learn Depot (the "Products"),

B. Affiliate resides in the United States and desires to generate sales for Company by referring its Products, and

C. Company wishes to compensate Affiliate, based on the terms and conditions herein, for the sale of any Products sold as a result of Affiliate's referrals,

Definitions:

"eSB Connector" is a software tool for contact management and email marketing.

"eSB Composite" is a software tool for aggregating affiliate tracking statistics.

"eSB Interact" is online chat software.

"eSB Builder" is a website building tool and eCommerce platform.

"eSB Lister" is an eBay listing tool.

"eSB Research" is an eBay research tool.

"eSB Learn Depot" is a suite of online marketing courses.

Agreement:

Now, therefore, in consideration of the above and of the mutual agreements herein, Company and Affiliate agree as follows:

1. Appointment of Broker. Company hereby appoints Affiliate as its broker for the sale of the Products.

2. Terms of Sale. All solicitation of sales by Affiliate and all orders taken will be based on Company's then current prices, terms and conditions, specifications and other conditions.

3. Order Processing.

a. All orders taken for Company's Products will be at prices and terms in accordance with the applicable price list and policies established by Company, which prices, terms and policies may be changed from time to time in the sole and absolute discretion of Company.

b. Company is not required to accept any order or contract obtained by Affiliate, but will make a determination whether to accept an order or contract based solely on its own business judgment. Company assumes all risk of non-payment by the customer ("Customer"). 

4. Agreements of Affiliate. Affiliate agrees:

a. To use its best efforts to pursue and promote the sale of the Products;

b. To not offer any promotions, deals or allowances or negotiate or adjust prices, invoices or credits, or utilize any materials in the promotion or sale of the Products other than those approved by Company; and,

c. To comply with all applicable federal, state and local laws and regulations in its performance hereunder.

5. Agreements of Company. Company agrees:

a. To make commercially reasonable efforts to supply the requirements of the Products of customers solicited by Affiliate. Company reserves the right to make changes to add items or to delete items from the list of Products without Affiliate's consent;

b. To keep Affiliate informed of all sales and promotional policies and programs affecting the Products sold in the territory;

c. To provide Affiliate with reasonable amounts of such sales literature, affiliate links, email templates, banner ads and other promotional items as Company has prepared for the Products;

d. To provide access to Affiliate's tracking statistics to enable Affiliate to reconcile amounts owed to it under this Agreement including detail regarding offsets, charge-backs, and refunds where applicable.

6. Expenses. Affiliate will be responsible for its own expenses incurred in connection with this Agreement.

7. Commissions.

a. Commissions will be paid in U.S. dollars to Affiliate for all sales of Products sold within one hundred eighty (180) days of Customer clicking through affiliate links. The commissions paid to Affiliate will be as follows:

  • A total of twenty (20) percent of the gross sales originated by Affiliate, and twenty (20) percent of any additional sales where Customer upsells itself, for the first twelve (12) months that Customer pays for Products, paid to Affiliate in monthly installments.
  • Company will pay commissions to Affiliate once a month, based on what Customer was invoiced and paid.
  • Company will pay no commissions after twelve months.

8. Agency. Affiliate is an independent broker and not an agent, partner or employee of Company, and it will not represent itself as having any authority to incur or release obligations or otherwise to bind Company in any way without the prior express instructions of the Company. The businesses of each party will, in all events, be operated separate and apart from each other. The employees of Affiliate performing service hereunder shall not receive any compensation or other benefits from Company. Affiliate shall solely be responsible for withholding taxes and other payroll deductions required for any of its employees. Affiliate is solely responsible for any taxes and regulations as a result of commissions earned from Company.

9. Confidentiality.

a. Each party hereto acknowledges that, by reason of the relationship created hereunder from time to time it will have access to certain confidential and proprietary information and systems of the other which is generally not available to or known by the public, in which each party has a legitimate protectable interest, and which has particular value to the parties the disclosure of which could be harmful to each party’s interests (the "Confidential Information"). Confidential and proprietary information includes, without limitation, any and all information, whether disclosed in writing or orally, by either party and/or any other information or systems relating to either party, which is of a private or proprietary nature, or character. Such Confidential Information may include, but is not limited to either party’s proprietary computer software and its sales planning and execution processes, information and/or knowledge regarding Products, processes, techniques, trade secrets, strategies and programs, financial data, vendor and customer relationships, methods of operation and other information or materials in any form proprietary to either party.

b. Each party hereto covenants and agrees, for itself and its employees, officers and agents, that both during and after the Term of this Agreement, it will: (i) not disclose any Confidential Information to any person or business entity without the express prior written authorization of the other party; and (ii) not use or allow third parties to use any Confidential Information for any purpose other than in connection with the performance of the Products hereunder. Each party hereto acknowledges and agrees that all such Confidential Information is and will remain the property of the consenting party and will be returned to that party immediately upon demand.

c. Each party hereto acknowledges and agrees that any improper use or disclosure by it of any part or all of the Confidential Information may cause the other party economic damage and competitive disadvantage, thereby entitling the damaged party to maintain an action at law to recover such losses and pursue any other available remedies. Each party hereto further acknowledges and agrees that the improper use or disclosure of any part or all of the Confidential Information could cause the other party injury for which there may not be an adequate remedy at law. Therefore, in the event of any such breach, the injured party may be entitled, in addition to any other remedies which it may have hereunder, or at law or in equity, to a temporary and/or permanent injunction.

10. Dispute resolution.

a. Negotiations. The parties agree that they will attempt in good faith to resolve any controversy, claim, dispute or question between them arising out of or relating to this Agreement, including the construction or application of this Agreement, promptly by negotiations between the parties by meeting at least once to resolve the matter. Either of these Affiliates may request the other to meet within fourteen (14) days, at a mutually agreed time and place.

b. Mediation. If the matter has not been resolved within thirty (30) days through negotiations, the controversy or claim shall be submitted to non-binding mediation by a mediator agreed to by the parties from among names of mediators furnished by JAMS or American Arbitration Association. Each party will pay one-half the mediator's fee. The mediation shall occur in Weber County, Utah.

c. Litigation. In the event that differences concerning matters covered by this Agreement arise that are not resolved by mutual agreement via negotiations or mediation as described above within sixty (60) days, the parties agree that any action or proceeding arising out of or relating to this Agreement shall be heard and decided by a non-jury bench trial in Weber County, Utah, each party hereto irrevocably submits to the jurisdiction of the state and federal courts located in Weber County, Utah and each party hereby irrevocably agrees that all claims in respect of any such action or proceeding must be brought and/or defended in such court; provided, however, that matters which are under the exclusive jurisdiction of the federal courts shall be brought in the Federal District Court for the District of Utah.

11. Governing Law. The provisions of this Agreement shall be governed by and construed in accordance with the laws of the State of Utah (excluding any conflict of law rule or principle that would refer to the laws of another jurisdiction). EACH PARTY HERETO HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT IT MAY LEGALLY AND EFFECTIVELY DO SO, TRIAL BY JURY IN ANY SUIT, ACTION OR PROCEEDING ARISING HEREUNDER.

12. Term and Termination.

a. The initial term of this Agreement shall be for a period of one (1) year (the "Initial Term"), at which time the Agreement shall automatically renew for additional periods of twelve (12) months (each a "Renewal Term" and collectively the "Renewal Terms") (the Initial Term and the Renewal Term (s), if any, shall hereinafter collectively be referred to as the "Term"), unless earlier terminated as provided herein. The terms and conditions of this Agreement shall apply during each Renewal Term unless the parties agree otherwise in writing.

b. Either party may terminate this Agreement at any time and for any reason. In the event of any termination, Company shall continue to pay Affiliate for any commissions earned, until the last month that commissions are due.

13. Indemnification.

a. Each party hereto will indemnify, defend and hold the other party hereto, its officers, directors, agents, and employees and affiliates, harmless from and against any and all liability, loss, damage, cost or expense, including reasonable attorney's fees, which may at any time be incurred by reason of any claim, suit or action arising as a direct result out of (i) any act or omission to act by the indemnifying party as provided in this Agreement, or the indemnifying party’s employees, subcontractors, agents or affiliates; or (ii) a breach of any material representation, warranty or covenant of the indemnifying party or the indemnifying party’s employees, subcontractors, agents or affiliates.

b. Company will indemnify and hold Affiliate harmless from any claims relating directly to (a) Products liability; and (b) claims of trademark, patent, and copyright infringement arising out of Affiliate's use of Company's (or its licensors') trademarks, patents and copyrights. With Company's prior written approval, Affiliate may use Company's trademarks and trade names to promote and solicit sales of Products. Affiliate shall not adopt or use such trademarks or trade names, or any confusingly similar word or symbol, as part of its name or allow such marks or names to be used by others.

c. Affiliate will indemnify and hold Company harmless from any claims relating to claims of trademark, patent, and copyright infringement arising out of Company's use of Affiliate (or its licensors') trademarks, patents and copyrights.

d. The indemnified party will give the indemnifying party prompt written notice of any claim, suit or action, and the indemnifying party will be given the opportunity to control the defense of such lawsuit and the indemnified party will cooperate fully in the defense of such lawsuit.

14. Intellectual Property. Nothing in this Agreement will be construed as giving either party hereto any right, title or interest in or to any trademarks, copyrights or other intellectual property rights of the other party, except as expressly authorized by such party. Neither party will, except as authorized in writing by the authorizing party, use the other party’s trademarks, copyrights or other proprietary information or systems.

15. Entire Agreement. This Agreement represents the entire understanding between Affiliate and Company, as to the subject matter hereof, all matters covered, and supersedes all prior agreements between the parties, whether written or oral, with respect to the subject matter hereof. In addition, the parties agree that upon execution of this Agreement by Affiliate and Company that all other agreements previously entered into shall hereby terminate and be of no further force and effect. The provisions of this Agreement cannot be amended, modified, supplemented or waived in any way except in writing signed by both parties. The provisions of this Agreement cannot be amended, modified, supplemented or waived in any way, except as noted in Section 18 below.

16. Notices. All notices from Affiliate to Company should be sent certified mail to:

eSilverBullet
Attn: Affiliate Correspondence
2036 Lincoln Ave
Suite 104
Ogden, UT 84401
Attention: Brian Burnett
Email: info@esilverbullet.com

17. Assignability. This Agreement may not be assigned or transferred by either party hereto without the written consent of both parties, such consent not to be unreasonably withheld or delayed. Notwithstanding the foregoing, Company shall be free to assign this Agreement to any of its current or future parent companies, subsidiaries or affiliates. Each party has caused this Agreement to be properly executed on its behalf as of the date of acceptance by Affiliate as noted by clicking the "I Agree" link and as recorded by Company's web database.

18. Modifications. Company reserves the right to modify the terms and conditions contained in this Agreement, at any time, by posting the new Agreement at http://esilverbullet.com/affiliates on Company's website.

Updated June 2, 2011.



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