Terms & Conditions

This Agreement contains the complete terms and conditions which apply to your participation as a Greenback affiliates affiliate promoting and marketing the Brands (“Greenback affiliates Site”) and the Brands’ trading software platform (the “Platform”). By participating in the Greenback affiliates Affiliate Program, you indicate your agreement to the following terms and conditions by clicking the “I Agree” button below. We may modify any of the terms and conditions contained in this Agreement, at any time at our sole discretion. Posting on our Affiliate Program information site of change of terms notice or a new agreement is considered sufficient provision of notice and such modifications shall be effective as of the date of posting. If any modification is unacceptable to you, your sole recourse is to terminate this Agreement and your continued participation in the Affiliate Program. Due to the above, we advise you to frequently visit the Affiliate Program information site and review the terms and conditions of this Agreement. 1. Affiliate Program Application To enroll as an Affiliate, please read this Agreement in its entirety and then submit the complete Affiliate Program application to us via the Greenback affiliates site. We will then evaluate your application and, where applicable, notify you of your acceptance. We may reject your application if we determine, in our sole discretion, that your site is not suitable for the Affiliate Program for any reason, including, but not limited to, inclusion of content on your site that we deem is in any way unlawful, harmful, threatening, defamatory, obscene, harassing, or racially, ethnically or otherwise objectionable. Similarly, we shall reject your application if we determine, in our sole discretion, that your site is designed to appeal to minors. 2.Links In the event of your acceptance to the Affiliate Program, we will make available to you banner advertisements, button links, text links and other links as determined by Greenback affiliates which shall link to the Brand Sites (the “Links”), which you may display on your sites, provided you abide by the terms and conditions of this Agreement. In using the Links, you agree that you will cooperate fully with us in order to establish and maintain the Links. You may not modify a Link, unless you have received prior written consent from Greenback affiliates to do so. In the event that we determine that your use of any Link is not in compliance with the terms of this Agreement, we shall be entitled to take such measures as to render inoperative the Links used by you. You may not advertise the Brand Site or Platform in any way not approved in advance by Greenback affiliates including, without limitation, the use of spam e-mails, meaning sending unsolicited mass emails or spam, whether via email or any other form. Any Affiliate using spamming techniques for soliciting referrals will be in automatic breach of this Agreement and will be immediately terminated and legally pursued for any resulting damages. 3. Use of client Brand and Greenback affiliates Marks During the term of this Agreement, Greenback affiliates hereby grants you a limited, revocable, non-exclusive and non-transferable license to place the Links on your site during the term of this Agreement, and solely in connection with the Links, to use our logos, brands, trade names, trademarks, service marks and similar identifying material (collectively, “Tropical Trade Marks”), solely for the purpose of promoting the Brand Site and Platform. You acknowledge and agree that: (a) you will use the Brands and Greenback affiliates Marks only as permitted hereunder for purposes of promoting the Brand Sites and Platform and may not sub-license, assign or otherwise transfer the license; (b) you will use the Brands and Greenback affiliates Marks in a lawful manner and may not alter, modify or change the Brand and Greenback affiliates Marks in any way whatsoever; (c) you may not use the Brand and Greenback affiliates Marks in any manner that is disparaging or that otherwise portrays Brand or anyone else negatively; (d) the Brands and Greenback affiliates Marks are and shall remain the sole property of greenback; and (e) you shall not, now or in the future, contest the validity of any Brand and Greenback affiliates Marks or use any term or mark confusingly similar to any Brand and Greenback affiliates Marks. We may revoke your license to use the Brands and Greenback affiliates Marks at any time by written notice to you. You acknowledge that, except for the license which may be granted to you in connection hereto, you have not acquired and will not acquire any right, interest or title to the Links or the brands and Greenback affiliates Marks by reason of this Agreement or your activities hereunder. The aforementioned license shall terminate upon the termination of this Agreement. 4. Unethical Marketing In addition to the restrictions regarding protection of minors and spamming, as set forth above, Affiliate shall not (a) engage in any fax, broadcast or telemarketing with respect to Greenback affiliates, the Brand Sites and/or the Platform, (b) use scum ware techniques or use any other aggressive advertising or marketing methods in any of its dealings relating to Greenback affiliates, the Brand Sites and/or the Platform, (c) make any false, misleading or disparaging representations or statements with respect to Greenback affiliates, the Brand Sites or the Platform or (d) engage in any other practices which may affect adversely the high image, credibility or reputation of Greenback affiliates, the Brands Sites or the Platform, including but not limited to using any Website in any manner, or having any content on any Website, that (i) promotes sexually explicit materials, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age and/or any illegal activities or (ii) violates any intellectual property or other proprietary rights of any third party. In addition, you shall perform your obligations here under in accordance with the highest applicable industry standards and in compliance with all applicable laws, rules and regulations. 5. New Traders A “New Trader” shall mean an Internet user without a prior account with the Brands who accesses the Brand Sites directly through the Links, opens a new user account and makes the required minimum deposit in such account, as well as met the minimum trading requirements. To permit accurate tracking, reporting, and commission accrual, you must ensure that the Links between your site and the Brand Sites are properly formatted throughout the term of this Agreement. For the avoidance of any doubt, Brand’s policy is not to accept New Traders from certain excluded territories, attached as Annex 1, as may be amended from time to time by Greenback affiliates (the “Excluded Territories”). 6. Commission You shall receive a commission pursuant to the CPA Scheme, as set forth below, the choice of scheme to be made by you at your discretion. The Affiliate Commission rate is subject to change at any time or from time to time, in our sole and absolute discretion. You will be notified of any change in the Affiliate Commission rate. A commission will only be paid if the visitor to our site is tracked by the system from the time of the Link to the time of the sale. No commission will be paid if the visitor to our site cannot be tracked by our system. *For first time depositors from India, Sri Lanka, Bangladesh and Nepal, CPA terms may differ than those presented on the site. 7. Payment All commissions shall be paid to you on a monthly basis, within approximately 30 days following the end of each month. Payment of commissions shall be made directly to you as per your preferred payment method elected by you as part of your application process. In the event that you provide Greenback affiliates with incorrect or incomplete details in relation to your preferred payment method and Greenback affiliates is not able to transfer the commissions to you, Greenback affiliates reserves the right to subtract from the commissions due to you an amount of money to reflect the required investigation and additional work created by your provision of incorrect or incomplete details. Greenback affiliates shall be entitled to set-off from the amount of commission to be paid to you any associated costs related to the transfer of such commission. In the event that the commission to be paid to you in any calendar month is less than $500 (the “Minimum Amount”), Greenback affiliates shall not be obligated to make the payment until such time as the commission is equal to or greater than the Minimum Amount. Greenback affiliates retains the right to review all commissions for possible fraud, where such fraud may be on the part of the New Trader or on your part. Any incidence of fraud on your part, including without limitation the opening of false accounts, constitutes a breach of this Agreement, and Greenback affiliates retains full authority to terminate this Agreement immediately in the event of such breach. Further, in the event that the Brands and/or Greenback affiliates deems that fraud has occurred, either on your part or on the part of a New Trader, you shall not be entitled to receive any commissions which have accrued to your benefit at such time whether such commissions were generated through fraud or otherwise. You are urged to provide accurate details in regard to the manner and information relating to your preferred method of receiving commissions and Greenback affiliates shall not be held liable for your delayed receipt of commissions due to your provision of inaccurate details. 8. Term and Termination The term of this Agreement will begin upon your acceptance to the Affiliate Program and will end when terminated by either party. At any time, either party may immediately terminate this Agreement, with or without cause, by giving the other party written notice of termination, where such notice may be served via fax or e-mail. We reserve the right to withhold your final payment for a reasonable time to ensure that the correct amount is paid, provided however that if termination is due to fraudulent accounts/activity, then you shall not be entitled to any payment. Upon the termination of this Agreement for any reason: (a) each party shall return to the other party all property of the other party in its possession or control (including the Brand sites and Greenback affiliates Marks and all Confidential Information); (b) you shall immediately cease displaying any Links, Brands and Greenback affiliates. Marks on any Website or otherwise and any other names, marks, symbols, copyrights, logos, designs, or other proprietary designations or properties owned, developed, licensed or created by us and/or provided by or on behalf of us to you pursuant to this Agreement or in connection with the Affiliate Program, and (c) all rights granted to you hereunder will immediately cease. Following the termination of this Agreement and our payment to you of all commissions due at such time of termination, we shall have no obligation to make any further payments of commissions to you. Sections 8 through 13 shall survive the termination or expiration of this Agreement. 9. Confidentiality We may disclose to you certain information as a result of your participation as part of the Affiliate Program, which information we consider to be confidential (“Confidential Information”). Confidential Information shall remain strictly confidential and secret and shall not be utilized, directly or indirectly, by you for your own business purposes or for any other purpose except and solely to the extent that any such information is generally known or available to the public or if the same is required by law or legal process. 10. Disclaimer of Warranty GREENBACK AFFILIATES AND THE BRANDS MAKE NO WARRANTIES HEREUNDER, AND GREENBACK AFFILIATES EXPRESSLY DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. WITHOUT LIMITING THE FOREGOING, THE BRANDS AND GREENBACK AFFILIATES FURTHER DISCLAIMS ALL REPRESENTATIONS AND WARRANTIES, EXPRESS OR IMPLIED, THAT THE PLATFORM DOES NOT INFRINGE OR OTHERWISE VIOLATE ANY INTELLECTUAL PROPERTY OR OTHER PROPRIETARY RIGHT OF ANY THIRD PARTY IN ANY JURISDICTION. IN ADDITION, WE MAKE NO REPRESENTATION THAT THE OPERATION OF THE BRANDS AND GREENBACK AFFILIATES SITES WILL BE UNINTERRUPTED OR ERROR-FREE, AND WILL NOT BE LIABLE FOR THE CONSEQUENCES OF ANY INTERRUPTIONS OR ERRORS. 11. Limitation of Liability THE BRANDS AND GREENBACK AFFILIATES SHALL HAVE NO LIABILITY UNDER THIS AGREEMENT OR OTHERWISE FOR ANY INDIRECT, CONSEQUENTIAL, EXEMPLARY, SPECIAL, INCIDENTAL OR PUNITIVE DAMAGES EVEN IF THE BRANDS AND GREENBACK AFFILIATES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN ANY EVENT, THE BRANDS AND GREENBACK AFFILIATES TOTAL LIABILITY TO YOU UNDER THIS AGREEMENT FOR ANY REASON WILL BE LIMITED TO THE COMMISSION PAID OR PAYABLE TO YOU BY GREENBACK AFFILIATES DURING THE 6 MONTH PERIOD IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM FOR DAMAGES. 12. Indemnity You agree to indemnify, defend and hold harmless Greenback affiliates and the directors, officers, employees, subcontractors and agents thereof (collectively, the “Indemnified Party”), with respect to any claim, demand, cause of action, debt or liability, including reasonable attorneys’ fees, to the extent that such action is based upon or arises out of: (a) Your breach of any representation, warranty, obligation or covenant under this Agreement; (b) your gross negligence or willful misconduct; or (c) any warranty, condition, representation, indemnity or guarantee relating to Revenue, the Brand Sites and/or the Platform made by you. In claiming any indemnification hereunder, the Indemnified Party shall promptly provide Affiliate with written notice of any claim which the Indemnified Party believes falls within the scope of the foregoing paragraphs. The Indemnified Party may, at its own expense, assist in the defense if it so chooses, provided that Affiliate shall control such defense and all negotiations relative to the settlement of any such claim and further provided that any settlement intended to bind the Indemnified Party shall not be final without the Indemnified Party’s written consent, which shall not be unreasonably withheld. 13. General Provisions Entire Agreement. This Agreement constitutes the entire understanding between the parties relating to the subject matter of this Agreement and supersedes any and all prior agreements, representations, negotiations or understandings in relation to its subject matter. No Waiver. The failure of either party to enforce (or delay in enforcing) at any time for any period any one or more of the terms of this Agreement shall not be a waiver of such term(s) or of the rights of such party at any time subsequently to enforce all the terms of this Agreement. Independent Contractors. The parties to this Agreement are independent contractors and nothing in this Agreement will create any partnership, joint venture, agency, franchise, sales representative, or employment relationship between the parties. Assignment. All the terms and provisions of this Agreement shall be binding upon and inure to the benefit of the parties to this Agreement and to their respective heirs, successors, assigns and legal representatives. Affiliate shall have no right to assign or otherwise transfer this Agreement, or any of its rights or obligations here under, to any third party without prior written consent from Greenback affiliates, to be given or withheld at the sole discretion of Greenback affiliates. If any provision of this Agreement is invalid, illegal or unenforceable for any reason, such provision shall be severed and the remaining provisions of this Agreement shall continue in full force and effect as if this Agreement had been executed with the invalid, illegal or unenforceable provision eliminated. Applicable Laws. This Agreement shall be governed, construed and enforced in accordance with the laws of the British Anguilla. Each Party agrees that any legal action, proceeding, controversy or claim between the Parties arising out of or relating to this Agreement may be brought and prosecuted only in a court of law in British Anguilla, and by execution of this Agreement each Party hereto submits to the exclusive jurisdiction of such court and waives any objection it might have based upon improper venue or inconvenient forum. English Version Prevails. This Agreement is translated into various languages for your convenience. In the event of any conflict or discrepancy between the English version and any other translated version, the English version shall prevail. For economics news, visit ekonominu.se.