Publisher Agreement
THIS AGREEMENT (the "Agreement") is made and
entered into by and between Veedi Online Ltd., a company incorporated under the
laws of the State of Israel ("Veedi"), and ____________,
("Publisher"), the operator of a web games website or websites
as indicated in Appendix A to this Agreement( each of which -"Publisher
Website").
PLEASE READ THIS AGREEMENT
CAREFULLY AND INDICATE YOUR ACCEPTANCE BY CHOOSING �I ACCEPT�. BY CONSENTING,
YOU ACCEPT AND AGREE TO BE BOUND BY ALL THE TERMS OF THIS Agreement. A copy of
this Agreement may be printed and retained.
Pursuant to this Agreement: Publisher
will be authorized by Veedi to publish and/or present the Tutorial/Tutorials as
defined below at Publisher's Website; Publisher agrees to the revenue share set
forth at section 8
of this Agreement, as well as to all other terms and conditions of this
Agreement, all with regards to the inclusion in Publisher Website of a game video
tutorial ("the Tutorial") created and edited by Veedi and
presented on Veedi website at Veedi.com ("Veedi Website"). Veedi
shall provide the Publisher with the Tutorial for its publishing/presentation
at Publisher's Website. The effective date is the date on which the Tutorial
has been made available to the public on Publisher's website ("Effective
Date").
Therefore, the parties agree as
follows:
Publisher Warranties and
undertakings. Publisher warrants
and represents that: (i) Publisher has the right to operate
the license described in this Agreement, without derogating from the generality
of the foregoing, Publisher represents and warrants that Publisher has all
necessary rights for the performance of this Agreement; (ii) Publisher's
entering into this Agreement does not violate any laws, rules, or regulations
which govern Publisher or constitute a breach, event of default, or violation
of any agreement by which Publisher is bound; (iii) Publisher is not precluded
or prevented or blocked in any manner whatsoever from presenting and/or
publishing Google advertisements of any sort(iv) Publisher will be responsible
for withholding, filing, and reporting all taxes, duties and other governmental
assessments associated with Publisher's income relating to this Agreement.)v)Publisher undertakes not to change, hide or harm, in any manner, the
advertisements included within the Tutorial or the web page presenting the
Tutorial. Publisher shall be precluded from deleting the web page as above.
7.1. ���� Veedi shall have the right to include advertisements
of any sort, game-window banners etc. in all the advertising space concerning
the Tutorial and to place advertisements in any file format ("Ads")
in any space within the Tutorial.
7.2. ���� No Guarantee. Veedi makes no guarantee as
to the level of impressions or clicks on any Ad, or the amount of any payment
to be made to Publisher under this Agreement.
8.1. ���� Publisher shall be entitled to 70%
of the net revenues generated by Veedi from the sale of ADS to users directly
from the Tutorial as defined above (i.e. the tutorial for Publisher's game) only
("Publisher Revenue Share").
Net Revenue: means gross revenue received by Veedi less a flat 20% deduction (representing,
payment transaction fees, cogs, Streaming cost, serving cost, Video creation,
other charges etc).
8.2. ���� Publisher understands and acknowledges that
Publisher Revenue Share is the sole and exclusive consideration to Publisher. Publisher
acknowledges the sufficiency of such consideration and under no circumstances
shall Veedi be bound to pay Publisher additional payments.
8.3. ���� Publisher further understands and agrees
that Veedi may at any time, upon notice to Publisher, change the consideration
mechanism and the Publisher Revenue Share.
8.4. ���� Publisher Revenue Share Payments will be
made to Publisher by Veedi against a duly issued tax invoice by Publisher.
Veedi may elect, in its sole discretion, to pay Publisher by check or
electronic funds transfer. Notwithstanding any provision herein to the
contrary, Veedi shall not be obligated to make any payment to Publisher in
connection with this Agreement unless and until Veedi has received
corresponding payment from its advertisers or ad partners. To ensure proper
payment, Publisher is solely responsible for providing and maintaining accurate
contact and payment information.
8.5. ���� Payment Terms: Veedi will forward
Publisher a monthly report not later than 10 working days following the end of
every calendar month. Following confirmation of the above
report by Publisher, Publisher will issue Veedi an Invoice and Payments to
Publisher will be made to Publisher within 60 days of the date of the Invoice. Veedi
shall be authorized at any time to chargeback any fee paid to Publisher in the
event an Advertiser or Ad Partner whose Ads have been displayed in the Tutorial
assesses a chargeback against Veedi defaults on any amounts owed to Veedi for
such Ads. Subject to the foregoing
8.6. ���� Veedi reserves the right to make payments
to Publisher only when Publisher's earned balance is greater than $500 USD. If Publisher
terminates this Agreement and his earned revenue is less than $500 USD, he will
be paid the balance less any applicable transaction fees and reasonable
reserves for charge backs, credits, and payment defaults.
8.7������ Publisher can add other websites to
Appendix A by using the designated link at the Website. Having done that, the Effective
date for Revenue Share relating to the new website/websites added as above
shall be the date on which such other website/websites had been added by
Publisher.
9.1. ���� This Agreement shall remain in full force
and effect until terminated by either party.
9.2. ���� Either party may terminate this Agreement
at any time by contacting the other party. Publisher agrees that Veedi, in its
sole discretion, may terminate his password, account (or any part thereof) and
remove and discard any Tutorial from the Website at any time, for any reason or
no reason and the Publisher shall have no claim or demand whatsoever with
regards to any such removal. Veedi may also in its sole discretion, for any
reason or no reason and at any time discontinue maintaining the Website, or any
form thereof, with or without notice. Further, Publisher agrees that Veedi shall
not be liable to Publisher or any third-party for any termination of this Agreement
or any part thereof. In addition to any other remedies that may be available to
Veedi, Publisher's infringement of any intellectual property rights including
but not limited to any violation of any copyright, will result in termination
of the Agreement, and a forfeiture of any payment due.
Without derogating from the
generality of the above, This Agreement may be terminated without warning if
Veedi believes that Publisher is in breach of any of the foregoing
representations and warranties. VEEDI RESERVES THE RIGHT TO REFUSE
PARTICIPATION TO ANY APPLICANT OR USER AT ANY TIME IN ITS SOLE DISCRETION.
13.1. �� This Agreement shall be governed by the laws
of the State of Israel, without reference to its principles of conflict of laws
to the extent they would require the application of the law of other
jurisdiction. The parties each consent to the exclusive jurisdiction of the
courts located in Tel-Aviv, Jaffa, and waive any objection to venue in such
courts.
By checking "I Agree"
Publisher affirmatively agrees that this Agreement shall be binding on
Publisher, just as if Publisher had provided a physical signature. Publisher hereby agrees to the use of electronic
communication in order to enter into contracts, place orders and other records
and to the electronic delivery of notices, policies and records of transactions
initiated or completed under this agreement. Furthermore, Publisher hereby
waives any rights or requirements under any laws or regulations in any
jurisdiction which require an original (non-electronic) signature or delivery
or retention of non-electronic records, to the extent permitted under applicable
mandatory law. By submitting the Publisher Materials to Veedi, Publisher
expressly recognizes and agrees that any data or information Publisher provides
to Veedi, including personally identifiable information, will be provided to
Veedi, which is located in the state of Israel.