TERMS and CONDITIONS
By filling out and submitting registration form on NextAdNet, applicant (hereinafter referred to as “Advertiser”) agrees to accept and be bound by the following NextAdNet (hereinafter referred to as “Company”) Terms and Conditions (hereinafter referred to as “Terms”):
1. Traffic Guarantee
In connection with these Terms, Company guarantees to use Advertiser’s feed(s) for search requests originating from Company’s website(s) or network of websites. Caching shall not be allowed at any time. Company shall do their best to ensure that traffic sent to customer data that is provided via Advertiser’s feed(s) is legitimate and use their best efforts to ensure that all traffic is free from fraudulent activity.
Company shall be paid in accordance with the statistics data generated and updated daily by Advertiser based on Company’s traffic and available to Company’s reference on permanent basis.
The rate paid for each click shall be passed and determined in the XML data stream. Accounting of any payments due Company shall be maintained by both parties.
Payments to Company shall be available for withdrawal immediately or in certain number of days after the end of the month in which the traffic has been provided (hereinafter referred to as “Net”). Net may comprise fifteen (15), thirty (30) or forty five (45) days and shall be coordinated with Advertiser individually after registration.
Payments schedule shall be accorded between Company and Advertiser individually. Payments may be issued based on the following interims: weekly, bi-weekly, monthly.
All billing fees occurring from payouts shall be fully covered by Company. Payment methods available for Advertiser to send payouts for the traffic provided are the following:
- Wire Transfer
Payouts shall be requested by Company according to previously arranged payments schedule by withdrawal requests on Advertiser’s website and by additionally issued invoices for wire transfers.
3. Obligations and Warranties
Company and Advertiser are entering these relationships as independent contractors, and these Terms shall not be construed to create a partnership, joint venture or employment relationships between them. Neither shall represent themselves to be an employee or agent of the other or enter into any agreement on the other’s behalf of or in the other’s name.
Company and Advertiser shall monitor and periodically test the general availability and operation of their website(s) or network of websites to ensure that either party has reasonable access to each website, service and statistics.
Should any click rate discrepancy of more than five percent (5%) occur in Advertiser’s and Company’s traffic statistics data, Advertiser and Company agree to work together diligently and in good faith to resolve such discrepancies.
Company and Advertiser shall agree not to disclose confidential information without written mutual consent. Confidential information includes without limitation all software, technology, programming, specifications, materials, guidelines, data, statistics and documentation related to the relationships between Company and Advertiser.
5. Termination of Relationships
Company may terminate relationships with Advertiser with or without cause at any time by sending written notice of their intention to cancel traffic provision to Advertiser via email. These Terms will be deemed terminated within ten (10) business days of Advertiser’s receipt of Company’s written notice.
Advertiser may at any time, in their sole discretion, terminate all or part of the relationships with Company for any reason.
Advertiser reserves the right to terminate without notice Company for insufficient number of valid clicks.
6. Disputes Resolution
These Terms shall be governed by the Laws of Cyprus, except for its Conflict of Laws principles.
Company and Advertiser shall seek amicable resolution to any disputes arising from these Terms.
Should amicable resolution not be reached, any disputes shall be transferred to the competent Court of Law in Cyprus for further resolution.