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REFERRAL AGREEMENT FOR POKER NETWORKS
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Recital
Poker Networks ("PN") is in the business of producing, marketing, and promoting online poker services (the
"Service"), which are accessed on the Internet through the use of a personal computer, modem and/or direct Internet access.
The Referral Company or person ("Referral Company") desires to obtain from PN, and PN agrees to grant the
Referral Company, the non-exclusive right and license to advertise, market and promote the Service. PN shall reimburse the Referral Company for these promotional services, in accordance with the
following terms and conditions:
1. Grant of Promotion and Distribution License
1.1. PN grants the Referral Company the non-exclusive, non-transferable right and license to advertise, market and promote the
Service ("Promotion Rights"), in accordance with the terms and conditions hereof. All other rights and licenses not expressly granted to the Referral Company herein are reserved by PN.
2. Obligations of PN
2.1.PN shall retain the right to provide the Service in any form PN deems appropriate; and retains the right to change any part
of the Service, at any time and in any manner PN deems appropriate, without prior notice to the Referral Company. However, any strategic change of policy towards Referral such as cancel any part of
the Service at any time, shall be made with prior notice to the Referral Company.
2.2.PN shall retain the right to cancel any part of the Service at any time and in any manner PN deems appropriate. However,
should PN want to cancel any part of the Service, and /or any Promotional Rights, because of any failure or breach of these Terms and Conditions on behalf of the Referral Company, PN shall give the
Referral Company notice of this fact in order to give the Referral Company the possibility to correct the matter and overcome the failure. Cancellation shall be effective seven (7) days after notice
of default to the Referral Company if the default has not been cured within such seven-day period.
2.3. Notwithstanding the terms of these Terms and Conditions, PN shall not be held responsible or liable for any loss of
income, or loss of the ability to produce income, incurred by the Referral Company; even if such losses should arise from the inability of PN to deliver the Services stipulated in these Terms and
Conditions for any reason whatsoever, whether PN is at fault or whether a third party is at fault.
3. Obligations of The Referral Company
3.1.The Referral Company shall use its best efforts to actively and effectively advertise, market and promote the Service as
widely as possible so as to maximize the benefit to the Referral Company and to PN.
3.2.The Referral Company shall only engage in advertising, marketing and promotional efforts which do not violate any law, and
which reflect positively upon the business reputation of PN. In particular, the Referral Company agrees to market the Service in a manner that is consistent with the content and style of the Service.
In connection therewith, PN shall have the right to review and approve (approval shall not be unreasonably withheld) the manner and methods of advertising, marketing and promotion used by the
Referral Company in connection with the Service.
3.3.Approval may be withheld if PN determines, in its sole discretion, that the activities of the Referral Company would tend
to impair or reduce the value of PN goodwill and business reputation, or would expose PN to legal liability.
3.4.Notwithstanding the approval by PN given in accordance with section 3.2 of these Terms and Conditions, PN shall under no
circumstances be held liable for--and the Referral Company shall indemnify, defend and hold PN harmless against--any and all claims asserted against PN by reason of the Referral Company's marketing
and promotional efforts.
The Referral Company shall bear all costs and expenses incurred in connection with the advertising, marketing and
promotion of the Service; including without limitation, all costs directly related to marketing.
4. Compensation
4.1.As used herein, the Referral Company’s percentage ("Referral Percentage") shall be defined as the compensation
paid to the Referral Company, based on the percentage of actual net revenue received from customers (the "Users"), who utilize the Service after being referred to the Service by the
Referral Company. The actual Referral Percentage shall be equal to 25% of net monthly revenue ("Net Revenue") up to USD 100,000 (received from Users who utilize the Service after being
referred to the Service by the Referral Company). The actual Referral Percentage on any and all Net Revenue over USD 100,000/mth (received from Users who utilize the Service after being referred to
the Service by the Referral Company) shall be subject to a separate agreement between the parties.
4.2.Poker Networks shall pay the Referral Company each month for services rendered during the preceding calendar month. Payment
shall be made prior to the 20th day of each month by making the funds available on the Webdollar account of the Referral Company. If the amount of compensation for one month is less than USD 50, the
amount shall be made available a succeeding month (when the accumulated amount is greater than USD 50).
4.3.PN shall have the right to withhold any and all payments to the Referral Company if the Referral Company is in breach of
this these Terms and Conditions.
5. Term of Duration and Cancellation
5.1.PN has the right to cancel the Promotion Rights with immediate effect if with the Referral Company is in material breach of
these Terms and Conditions. Such breach includes, but is not limited to, situations when the Referral Company engages in advertising, marketing, distribution and promotional efforts that would impair
PN goodwill and business reputation, or would expose PN to legal liability.
5.2.Upon the cancellation of the Promotion Rights, the Referral Company shall immediately return to PN
any and all materials, over which PN has a proprietary right, that are in the Referral Company's possession and/or in the possession of the Referral Company's agents, servants and employees. The Referral Company shall also immediately remove any hyperlinks and materials, over which PN has a proprietary right, from the Referral Company's web site and/or the web sites of the Referral Company's agents.
5.3. If the Promotion Rights are canceled, and the Referral Company is not in default of these Terms and Conditions, the
Referral Company shall have the right to continue to receive a Referral Percentage on referred Users who continues to utilize the Service after being referred to the Service by the Referral Company
during four months after the day of the cancellation.
5.4. Users that utilize PN facilities and services and all information relating to such Users shall remain the property of PN
at all times.
6. Account Statements
6.1.All payments due to the Referral Company shall be made on or before the twentieth (20th) day of each month, and will
reflect payment for services rendered the preceding month. Payment shall be accompanied by a written statement that specifies the calculation of the sum to be paid to the Referral Company based on
gross revenue received by PN with respect to the number of wagering Users. In addition, statements may be adjusted by PN from time to time to reflect overpayments, consumer chargebacks and/or credits
or underpayments to consumers by PN.
6.2.The Referral Company shall have the possibility to monitor the Referral Percentage and the payments in real time using an
online monitoring system (the "Compis System") at a secure web site.
7. Exclusivity, Non-Competition and Ownership of Servicename
7.1.The Referral Company agrees, understands and acknowledges that PN may enter into Agreements of this type with third parties
to promote the Service or a similar version thereof.
7.2.The Referral Company has not paid consideration for the use of the trademarks, logos, copyrights, trade names, or
designations belonging to PN, and nothing contained in these Terms and Conditions shall give the Referral Company any right, title or interest in or to any of them.
7.3.The Referral Company acknowledges that PN own and retain all copyrights and other proprietary rights, as well as any
software supplied by PN, in all of the foregoing. The Referral Company shall not assert any claim or interest in or to any trademark, trade name, copyright, servicemark or logo belonging or licensed
to PN, or do anything to adversely affect their validity or enforceability. This includes any act or assistance to any act that may infringe, or lead to the infringement of, any software copyright.
7.4. Without limiting the generality of the foregoing terms, the Referral Company shall not itself attempt, or assist any third
party in attempting, to register any trademark, trade name or other proprietary right with any governmental agency (federal, provincial, local or otherwise) or with any other entity or authority,
without the express, unequivocal and unambiguous prior written consent of PN. The Referral Company shall not attach any additional trademarks, logos or trade designations to the Software; and shall
ensure that none of the trademarks (or any variations thereof) appear in any portion of the Referral Company's name, or any name under which the Referral Company conducts business. The Referral
Company shall not affix a trademark, logo or trade name of PN to any non-PN product. The Referral Company shall not alter, erase, deface or overprint any notice of proprietary rights on anything
provided by PN.
8. Confidentiality and Non-Disclosure
8.1.The Referral Company and PN each agree that each may have access to, and become acquainted with, Confidential Information
of the other. The Referral Company and PN each specifically agree not to misuse, misappropriate or disclose any such Confidential Information, directly or indirectly, to any third party.
9. Representations, Warranties and Indemnity
9.1.The Referral Company warrants, represents and covenants to PN that that it has all necessary rights, licenses, permissions
and business permits; and will comply with all applicable laws, rules and regulations in connection with promoting the Service to Users.
9.2.The Referral Company agrees to indemnify and render PN harmless against claims, liabilities, causes of action, damages,
judgments, costs and expenses arising out of, or in any way connected with, any breach or alleged breach by the Referral Company of any representation, warranty or agreement contained in this Section
9, or elsewhere in these Terms and Conditions.
10. Governing Law
10.1.This Agreement shall be governed by and construed in accordance with the law of Curacao, Netherlands Antilles.
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© 2003-2005 Poker Networks
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