Affiliate Terms & Conditions

PARTIES

  • This Affiliate Agreement (hereinafter referred to as the “Agreement”) is entered into on the date of submission of the first lead (the “Effective Date”), by and between you, (hereinafter referred to as the “Affiliate”), and Asset Global Group Ltd, with an address of 34-35 Hatton Garden, Holborn, London, United Kingdom (hereinafter referred to as the “Merchant”) (collectively referred to as the “Parties”).
  • The Merchant is an investment management firm based in London, United Kingdom.
  • The Affiliate has agreed to source clients for the Merchant and its services.

TERM

  • This Agreement shall be effective on the date of submission of the first lead (hereinafter referred to as the “Effective Date”) until Termination of this agreement.

TERMINATION

  • This Agreement may be terminated in case the following occurs:
    • Immediately, in case one of the Parties breaches this Agreement.
    • At any given time by the Affiliate deleting the Affiliate account.

RELATIONSHIP BETWEEN PARTIES

  • Hereby, the Parties agree that the Affiliate in this Agreement is an independent contractor where the Affiliate provides the services hereunder and acts as an independent contractor.
  • Whereas, this Agreement does not create any other partnership between the Parties.

PAYMENT AND FEES

  • The Parties agree that the Affiliate will receive, as Affiliate fee, 1% of the transaction value per successful lead.
  • The Parties agree that the affiliate fee will be paid out by the Merchant to the Affiliate after his/her client makes all appropriate payments, and the Merchant has received brokerage payment from the property developer/seller.
  • The Parties agree that the affiliate fee will be paid out within 7 working days of the Merchant receiving the brokerage fee from the property developer/seller.

CONFIDENTIALITY

  • All terms and conditions of this Agreement and any materials provided during the term of the Agreement must be kept confidential by the Affiliate, unless the disclosure is required pursuant to the process of law.
  • The Affiliate will not be entitled to use any information provided to him/her even after the termination of the Agreement.
  • Disclosing or using this information for any purpose beyond the scope of this Agreement, or beyond the exceptions set forth above, is expressly forbidden without the prior consent of the Merchant.
  • This section will remain in force regardless of the fact in case the Agreement is terminated.
  • The Affiliate is not to use the Merchant’s information for advertisements or any other promotional activity without the Merchant’s written consent.
  • The Affiliate is not to use any intellectual property provided to him/her by the Merchant without the written consent of the Merchant.

LIMITATION OF LIABILITY

  • Under no circumstances will either party be liable for any indirect, special, consequential, or punitive damages (including lost profits) arising out of or relating to this Agreement or the transactions it contemplates (whether for breach of contract, tort, negligence, or other form of action) in case such is not related to the direct result of one party’s negligence or breach.

INDEMNITY

The Parties agree not to indemnify and hold one another harmless. This also applies to their affiliates, agents, officers, employees, and/or successors. The Parties in this Agreement hereby in addition agree to assign against all (if any) claims, liabilities, damages, losses, penalties, punitive damages, expenses, any reasonable legal fees and/or costs of any kind or any amount that may arise. This includes, but is not limited to, any amount which may result from the negligence of or the breach of this Agreement by the party that is indemnified, its successors and assigns that occurs in terms of this Agreement.

This section will remain in full force and tact as well as effect even upon the termination of the Agreement naturally or the early termination by either of the Parties.

DISPUTE RESOLUTION

Any dispute or difference whatsoever arising out of or in connection with this Agreement shall be subject to the laws of the United Kingdom.

GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the United Kingdom.

SEVERABILITY

In an event where any provision of this Agreement is found to be void and unenforceable by a court of competent jurisdiction, then the remaining provisions will remain to be enforced in accordance with the Parties’ intention.

ENTIRE AGREEMENT

This Agreement contains the entire Agreement and understanding among the Parties hereto with respect to the subject matter hereof, and supersedes all prior agreements, understandings, inducements and conditions, express or implied, oral or written, of any nature whatsoever with respect to the subject matter hereof. The express terms hereof control and supersede any course of performance and/or usage of the trade inconsistent with any of the terms hereof.

AMENDMENTS

  • The Parties agree that any amendments made to this Agreement must be in writing where they must be signed by both Parties to this Agreement.
  • As such, any amendments made by the Parties will be applied to this Agreement.

The Parties hereby agree to the terms and conditions set forth in this Agreement and such is demonstrated throughout by the submission and acceptance of the first lead.