Terms and Conditions (Last modified
2006-01-01)
- Term. This agreement, upon approval by Provider,
shall have an initial term of two (2) months. It shall renew
automatically for successive one (1)
month terms unless terminated by either Party pursuant to the terms of
this agreement.
- Services. Provider agrees to provide an
operational eCommerce platform on which Company can sell merchandise to
online customers. The system must provide reliable mechanisms to track
the sales referred by Company, and to allow Company to manage online
sales efficiently. Provider must maintain a maximum daily, 24 hours a
day, continuity of the operation. However, system failures that are
inevitable or due to factors beyond the control of Provider should not
be construed as an excuse for failure or delay in paying any required
fees for the services.
- Operation. Company agrees to use the
services strictly according the instructions given by Provider. Company
must not reverse engineer, or attempt to gain inappropriate access into
the system, or perform any task on the system that is outside the scope
of the services, or violates any restrictions on the services. Any
violation in this context constitutes a serious breach of the agreement,
which may result in immediate termination of services at the sole
discretion of Provider.
- Laws. Company agrees to oblige, at all
times, all the commercial and privacy laws, trade practice acts that are
relevant to its business operation. No illegal contents shall ever be
uploaded to the system. Failure to do so constitutes a serious breach of
the agreement, which may result in immediate termination of services at
the sole discretion of Provider.
- Service and Commission Fees. Current service fees
for various account types and commission rates for referrals are posted on our Web site or
specified in a further, separate agreement. Provider reserves the right to amend the fee
and /or rate structures at any time. Company shall be notified of any such
amendment, and it will take effect starting on the next successive term of agreement
provided the starting date is more than fifteen (15) days after the date of such
amendment.
- Payment to Provider. Sales commissions from the current
month will be added to the service fees for the next month. Service fees must be
paid to Provider prior to the commencement of the services in this context. Failure to do
so within seven (7) days of the
scheduled commencement constitutes a serious breach of the agreement,
which may result in immediate termination of services at the sole
discretion of Provider.
- Payment to Company. Payment of commission fees to
Company will be on a monthly basis. Provider shall pay Company the deemed commission fees
collected from sales commission it received from the vendors in the previous month. The
payment shall be within the first fifteen (15) days
the current month.
- Termination. Either party may terminate this
agreement, with or without cause, by given written or email notice to the other party.
Such termination will be effective on the termination date specified in such notice,which
shall not be earlier than fifteen (15) days
after the date of such notice, except that if such notice states the
other party has breached any of its obligations of this agreement, such
termination may, at the option of Provider, be effective immediately
upon delivery of such notice, and service fees paid for the remaining
period of services is not refundable.
- Indemnification. Company shall
indemnify and hold harmless Provider and against any and all claims,
demands, actions, suits, losses, liabilities, damages, costs and
expenses, including without limitation reasonable attorneys' fees, costs
and expenses relating to, arising out of or resulting from any breach of
this agreement.
- Limited Liability. The total liability, if
any, of Provider, including but not limited to, liability arising out of
contract, tort, breach of warranty, claims by third parties or
otherwise, shall not in any event exceed the service fee paid by Company
for the period during which the liability incurs. Provider shall not be
liable for loss of profits, loss or inaccuracy of data, or indirect,
special, incidental or consequential damages, even if such party has
been advised of the possibility of such damages.
- Settlement of Disputes. Upon the demand of either
party, any dispute shall be resolved by binding arbitration administrated by an
organization that the parties shall mutually agree upon, or by a judicial court in the
state where Provider is located.
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