These are the terms and conditions on which Company is willing to hire the Affiliate services.
Prop Trading Pty Ltd
ABN: 54 639 271 033 ACN: 639 271 033
Suite No. 1171/17 Gould Road Herston QLD 4006, Australia.
Ongoing unless terminated in accordance with this agreement. Reviewed monthly.
The Referral Fee is set out in Schedule 1 of this Agreement.
This is a Referral Agreement between The Prop Trading PTY LTD and any affiliate partner that refers users to The Prop Trading PTY LTD for the provision of Evaluation Program Services. The first part of the agreement is the Contract Details, which are followed by the Legal Terms.
The terms and conditions of this agreement (the “Agreement”) prescribe the terms governing the arrangement entered between the Parties for the payment of referral fees (the “Referral Fee”) in exchange for new user referrals who engage The Prop Trading PTY LTD for the provision of Evaluation Program Services.
1. User Referral
1.1. Referrer agrees, from time to time, to refer prospective users to The Prop Trading PTY LTD for the provision of Evaluation Program Services that The Prop Trading PTY LTD may offer from time to time.
1.2. Each referral (the “Referral “) will be a user who has not previously engaged The Prop Trading PTY LTD for the provision of services.
1.3. Referrer is not obliged to refer any users (‘Referred User’) to The Prop Trading PTY LTD and may enter into any other similar referral arrangement with other parties.
1.4. The Prop Trading PTY LTD is not obliged to accept any users referred by Referrer and may enter into any other similar referral arrangement with other parties.
2. Method of Referral
2.1. Users clicking a link
3. The Fee
3.1. The Referral Fee is set out in Schedule 1 of this Agreement. (The “Referral Fee Amount”).
3.2. The Referral Fee Amount is due and payable by The Prop Trading PTY LTD to Referrer upon the following events occurring:
3.3. When a customer completes a purchase after clicking through the referral link and payment is confirmed and order is complete. Incomplete payments or completed without using the referral link will not be payable to the Referrer.
3.4. Upon the Referral Fee Amount being due, after 30 days from the first sale with payment confirmed, and payable the Referrer will issue to The Prop Trading PTY LTD a Tax Invoice. The Invoice will stipulate:
(a) the date of issue.
(b) Referrer’s valid Australian Business Number (ABN); Australian Residents only.
(c) Referrer’s legal name, address, and telephone number; and
(d) Referrer’s valid Photo ID and Proof of Address no older than 3 months; and
(e) payment processing up to (7) days from the date the tax invoice is received
(f) Payment Method choice Crypto or bank transfer.
3.5. The Prop Trading PTY LTD will pay the Referral Fee when the amount reaches the minimum U$200 for processing once a month within the time frame stipulated in 3.4 (e).
3.6. The Prop Trading PTY LTD retains the right, at its complete discretion to alter or amend the Referral Fee. The Prop Trading PTY LTD must give the Referrer 14 days in the event that the Referral Fee is altered or amended.
4. Privacy Protection
5.1. The Prop Trading PTY LTD has placed certain restrictions around the referral program. These restrictions are set out in Schedule 2 of this Agreement.
6. No Agency
6.1. This Agreement does not create any legal or fiduciary relationship between the parties.
6.2. Referrer, its employees, servants or agents must not represent, convey or in any way make out to be an agent, partner, representative, employee, contractor or affiliate of The Prop Trading PTY LTD.
6.3. Neither party shall have any right, authority or permission to legally bind the other party to any contract, arrangement or obligation.
7.1. The term of this Agreement shall commence upon the parties entering into this Agreement and terminate immediately upon either party serving notice to the other party.
8.1. The Referrer agrees to indemnify The Prop Trading PTY LTD against any loss, damage, liability or expense incurred by the Licensee arising directly or indirectly from:
(a) a breach of this agreement: or
(b) any negligent or willful act or omission of the Referrer or anyone acting on the Referrer’s behalf which, in the reasonable opinion of the Company, brings, or is likely to bring, the Company into disrepute.
9. General Provisions
9.1. The Prop Trading PTY LTD may amend this Agreement by giving notice to affiliate partners.
9.2. In the event that any provision of this Agreement is held to be invalid, illegal or unenforceable, then such provision will be fully severed, and the Agreement will be construed and enforced without that severed provision.
9.3. The rights created under this Agreement are non-assignable. For the avoidance of doubt:
(a) no future Referral Fee will be due and payable to Referrer if this Agreement is terminated pursuant to clause 7, whether the right to the Referral Fee arose prior to the termination or otherwise;
(b) the relationship between the parties will be severed so that there is no longer an obligation to pay a Referral Fee.
9.4. This Agreement is governed by the laws of Queensland and the parties agree to submit to the exclusive jurisdiction of the Courts of that State.
The Referral Fee is a commission percentage of the net sale for each successful referral.
Referral Fee 5% (sales completed orders)
Restrictions on the Referrer:
(a) NOT ALLOWED: All other uses of banners or links, such as newsgroups, chat rooms, ICQ, message boards, banner networks, hit farms, counters, or guestbooks etc. are NOT allowed.
(b) NOT ALLOWED: Any placement of creative in a “Desktop” advertising scheme. This includes any and all 3rd party advertising platforms that use a desktop application to display ads in any form.
(c) NOT ALLOWED: Any display of a merchant window that isn’t the result of a direct click by the end-user.
(d) You cannot SPAM. We will terminate this agreement on the first offense of SPAMMING. Do not send email to lists or groups that you do not have permission to send to. We WILL terminate this Agreement upon this offense.
(e) You cannot send traffic from ads on Google Adwords / Bing directly to your affiliate link. This traffic must first go through your site. You can buy/send traffic directly to your affiliate link through any service other than Adwords / Bing, providing you are using approved marketing materials from your dashboard/channel/platform.
(f) You cannot bid on any words, terms or any phrases that include any pejorative terms.
(g) Fraud is a serious offense and will be treated as such. Fraud is defined as any action that intentionally attempts to create sales, leads, or click-throughs using robots, frames, iframes, scripts, or manually “refreshing” of pages, for the sole purpose of creating commissions. ANY ATTEMPTED FRAUD OR FRAUD WILL RESULT IN TERMINATION AND VOIDED COMMISSION
(h) Failure to abide by these rules could mean termination from the partner program completely with a complete forfeit of commissions.