Dated 2023-02-21 Finvest Solutions Limited
Partner will also provide SC with
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partner agreement
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Partner will also provide SC with: Partner further agrees to provide SC at SC's request with information concerning the operation or outputs of any software or system that Partner licenses or otherwise provides to Introduced Customers, if SC determines that such information is relevant to SC's understanding of Intro- duced Customer Trades. However, nothing in this Agreement will be construed to provide SC with any right, title, license, or interest in such software or system. Partner agrees to indemnify and keep indemnified and hold SC harmless from and against: (a) any and all claims, demands, proceedings, suits and actions against SC; and (b) any and all losses, liabilities, damages, penalties, fines, expenses and costs (including legal and other advisers' fees) incurred by SC, resulting from or relating to or arising in connection with: • a current list of all officers and directors as of the date of this Agreement and, during the course of this Agreement, update this list as necessary, and • a financial statement dated not less than three months prior to the date of this Agreement and, during the course of this Agreement, a revised financial statement at least annually. • any inaccuracy or misrepresentation in, or breach of, any of the warranties, representa- tions, covenants or agreements made by Partner in the Agreement; • the introduction to SC by Partner of any Customer or any representation made by Part- ner or on Partner's behalf to any Customer in connection with SC or any introduction to breach has been remedied and is no longer outstanding. If Partner, having accepted these regulations, has not acquired at least one Customer within 6 months, SC reserves the right to transfer the Partner Account to the archive and block the referral code and referral link. If a Customer, having registered in the Traders Room through a referral link has not opened at least one real account within 6 months, SC reserves the right to exclude this Customer from the referral partners group. If a Customer, having registered in the Traders Room through a referral link, did not trade on a real account within 6 months, SC reserves the right to exclude this Customer from the referral partners group. SC (excluding any claim, liability or demand not caused by any action or inaction of Part- ner); • any breach by Partner of its obligations under the Agreement; • any failure of Partner to comply with laws in its jurisdiction. Advice and managed accounts SC shall have the exclusive right to defend, settle or compromise any claim or demand institut- ed by a Customer (which may include an Introduced Customer) or other third party against SC, or against Parties, arising out of or in respect of the Agreement or the Parties' performance hereunder or any breach of the Agreement; and to commence and maintain any action pursu- ant to the rules and regulations of any regulatory authorities, or any law against a Customer, Introduced Customer or other third party for any claim or demand which SC, or Parties jointly, may have at any time arising out of or in respect of any Customer Account or the performance by Partner of Partner's duties hereunder, regardless of whether any such claim or demand gives, or may give rise to, a right of indemnification from Partner to SC. Partner hereby waives any and all rights it may have independently to defend, settle or com- promise any such claims or demands and agrees to use all reasonable endeavors co-operate with SC with respect thereto, but SC may, in its sole discretion, authorize and require Partner to defend, settle or compromise any such claim or demand as it deems to be appropriate at the cost, expense and liability of Partner; and to assert, settle or compromise any such action in respect of such claims or demands and agrees to use all reasonable endeavors to co oper- ate with SC with respect to the bringing, enforcement of any such claim or demand, but SC may, in its sole discretion, authorize and require Partner to commence and maintain such actions in respect of any such claim or demand as it deems to be appropriate at Partner's cost and expense. SC shall take no action to defend, settle or compromise any claim or demand described in this clause unless and until it has discussed the matter with Partner. Partner is responsible for the payment of any taxes and/or charges and/or duties paid arising from the course of its business. SC is not responsible for providing Partner with premises, data systems, secretarial, book-keeping or record keeping services to assist Partner in carrying out this Agreement. Partner will reimburse SC for all expenses actually incurred by SC to translate any document SC deems necessary to allow Partner to conduct the business contemplated in this Agree- ment, including any documents sent to Introduced Customers. SC will have no liability to Customers or to Partner for any advice, decision or recommenda- tion given or made by Partner to Customers and Partner will indemnify SC for any loss or liability arising from any such advice, recommendation or decision or from any delay, default or negligence by Partner in relation to any services it provides to Introduced Customers. In the event that Partner gives investment advice to an Introduced Customer and/or manages the Introduced Customer's Customer Account, Partner shall ensure that such advice is given and/or such management is provided in accordance with and complies with the rules of regulatory authorities as appropriate. Additionally, Partner undertakes and warrants to SC that it has or will advise the Introduced Customer in writing that: • any inaccuracy or misrepresentation in, or breach of, any of the warranties, representa- tions, covenants or agreements made by Partner in the Agreement; • the introduction to SC by Partner of any Customer or any representation made by Part- ner or on Partner's behalf to any Customer in connection with SC or any introduction to SC (excluding any claim, liability or demand not caused by any action or inaction of Part- ner); • any breach by Partner of its obligations under the Agreement; • any failure of Partner to comply with laws in its jurisdiction. Term, termination and amendments In relation to each Introduced Customer on whose behalf it provides instructions to SC in relation to Trades, Partner warrants and confirms that: The Agreement shall come into effect immediately upon signing by both Parties and is con- cluded for an indefinite period of time from the starting date. No amendments to the Agree- ment shall be effective unless it is in writing and duly executed and signed by both Parties. It is contemplated that SC and Partner agree to modify this Agreement in response to changes in laws applicable in their jurisdictions. SC reserves the right to amend all pricing, Trades, Services, Partner Fees as well as other conditions relative to this Agreement, at any time and in its sole discretion, by posting a change notice or a new Agreement on SC Website, our by appropriately informing Partner via other means, including but not limited to letter sent by post, an e-mail or faximile message. Partner's continued cooperation with SC following SC's posting of the change notice or a new Agreement will constitute binding acceptance of the change unless Partner responds in writ- ing that it does not accept the change. In case any of the modifications is not acceptable by Partner, the recourse would be to terminate this Agreement. SC may propose Partner to enter negotiations that may lead to finding an alternative compromise solution. This Agreement may be terminated: • the service provided by SC is an execution-only service and that SC has no obligation to advise the Introduced Customer as to the suitability of any Trade and/or to manage, review or oversee on behalf of the Introduced Customer any Trade; • SC is not associated with any advice or management (discretionary or otherwise) given or undertaken by Partner and, for the avoidance of doubt, is under no obligation to ensure that such advice or management (discretionary or otherwise) is suitable, appropriate or correct; and with regards any advisory and/or management service(s) provided by Part- ner, the Introduced Customer is solely the customer of Partner. • the Introduced Customer has capacity to and may lawfully enter into Trades with SC; • it is duly authorized by the Introduced Customer to provide instructions to SC; • the Power of Attorney executed by the Introduced Customer provided to SC is duly executed by the Introduced Customer and is valid and enforceable in accordance with the law of the jurisdiction in which the Introduced Customer, Partner and SC is located; • an officer or representative of Partner acting on the basis of Power of Attorney is duly authorized by regulatory authority to act on behalf of a Introduced Customer in connec- tion with Trades and to give instructions to SC. • by either Party at any time on giving 1 month written notice; • by SC automatically and with immediate effect and without the need for notice if any representation or warranty of Partner contained in the Agreement is untrue or in the event that Partner is in breach of any term of the Agreement; • by Partner automatically and with immediate effect and without the need for notice in the event that SC is in breach of any term of the Agreement; • in the event that either party fails to pay the other a sum due to be paid by its due date, by the innocent party automatically and with immediate effect one month after sending to the defaulting party a written demand for payment; • by SC automatically and immediately and without the need for notice upon: (a) Partner becoming insolvent, making an arrangement for the benefit of its creditors, being unable to meet its debts as they fall due or making an admission to that effect in writing; or (b) the appointment of an administrator or liquidator for Partner or a receiver over any of the assets of Partner; or (c) Partner filing for or having filed against it any petition or applica- tion under any provision of any bankruptcy, insolvency, reorganization, arrangement, readjustment of debt or similar law or statute but, in the case of a petition filed against it, only where such petition shall not have been dismissed within one month of it being issued; • by Partner automatically and immediately upon: (a) SC becoming insolvent, making an arrangement for the benefit of its creditors, being unable to meet its debts as they fall due or making an admission to that effect in writing; or (b) the appointment of an administra- tor or liquidator for SC or a receiver over any of the assets of SC; or (c) SC filing for or having filed against it any petition or application under any provision of any bankruptcy, insolvency, reorganization, arrangement, readjustment of debt or similar law or statute but, in the case of a petition filed against it, only where such petition shall not have been dismissed within one month of it being issued. Non-exclusivity In the event of termination occurring, for any reason: SC and Partner acknowledge that this Agreement confers no exclusive right upon either Party to the services of the other Party. Neither party shall be precluded by this Agreement from entering into the same or similar agreements with other parties. This Agreement does not prevent SC from seeking, and/or communicating with, any prospects introduced by Partner. During the validity of the Agreement and during the two-year period after the expiration or termination of this Agreement, Partner shall not contact any of Customers and Introduced Customers for the purpose of inducing them to switch to another provider of Services. In order to avoid conflicts of interest between various Partner, SC has the right to limit the geographical area in which Partner may approach, introduce or refer Customers to SC. Partner undertakes and warrants that it shall not advertise or otherwise market SC or Services of SC by any means whatsoever to any person or resident outside the designated geographic area. Applicable law and jurisdiction This Agreement shall be governed by the laws of British Virgin Islands. Any controversy or claim arising out of or relating to this Agreement, or the breach thereof, shall be resolved by either adjudication in a small claims court (subject to jurisdictional limitations) or • by either Party at any time on giving 1 month written notice; • by SC automatically and with immediate effect and without the need for notice if any representation or warranty of Partner contained in the Agreement is untrue or in the event that Partner is in breach of any term of the Agreement; • by Partner automatically and with immediate effect and without the need for notice in the event that SC is in breach of any term of the Agreement; • in the event that either party fails to pay the other a sum due to be paid by its due date, by the innocent party automatically and with immediate effect one month after sending to the defaulting party a written demand for payment; • by SC automatically and immediately and without the need for notice upon: (a) Partner becoming insolvent, making an arrangement for the benefit of its creditors, being unable to meet its debts as they fall due or making an admission to that effect in writing; or (b) the appointment of an administrator or liquidator for Partner or a receiver over any of the assets of Partner; or (c) Partner filing for or having filed against it any petition or applica- tion under any provision of any bankruptcy, insolvency, reorganization, arrangement, readjustment of debt or similar law or statute but, in the case of a petition filed against it, only where such petition shall not have been dismissed within one month of it being issued; • by Partner automatically and immediately upon: (a) SC becoming insolvent, making an arrangement for the benefit of its creditors, being unable to meet its debts as they fall due or making an admission to that effect in writing; or (b) the appointment of an administra- tor or liquidator for SC or a receiver over any of the assets of SC; or (c) SC filing for or having filed against it any petition or application under any provision of any bankruptcy, insolvency, reorganization, arrangement, readjustment of debt or similar law or statute but, in the case of a petition filed against it, only where such petition shall not have been dismissed within one month of it being issued. • SC's dealings with Partner ceases and Partner will return to SC all Promotional Materials and document related to Introduced Customers and Introduced Customers Customer Accounts; • SC will cease to pay Partner Fees from the date when the Agreement terminates. in binding arbitration administered under the rules of BVI Arbitration Association in accord- ance with its applicable rules. Confidentiality Partner fee Partner shall keep confidential any and all Confidential Information Partner may acquire or come into the possession of as a result of or in connection with the Agreement and shall not make use of or disclose any such Confidential Information to any third party unless expressly permitted to do so under the Agreement or as expressly authorized by SC in writing or pursu- ant to any order of a court or regulatory body of competent jurisdiction or as otherwise required by law provided that, before disclosing any Confidential Information to any court or regulatory body or as otherwise required by law, Partner shall first notify SC in writing of that requirement. In addition to any documents required to be maintained by Partner elsewhere in the Agreement, Partner shall maintain (and make available to SC within 1 business day of receipt of a written request) all agreements, statements, filings or other documents obtained by Partner when assisting an Introduced Customer in opening, establishing or maintaining an Introduced Customer Customer Account. Such information shall include financial statements, reports or other financial information required to be furnished by Partner to (or required to be maintained by) any governmental, regulatory body, regulatory authority or Exchange. Partner will be entitled to an Partner Fee from SC according to Appendix A, which is attached and forms an integral part of this Agreement. It is agreed by both Parties that Partner Fee will be reviewed yearly by the Parties with mutual consent on how it will be formed. It is agreed and understood by both Parties that SC will have the absolute right, after giving to Partner one month's notice, to change the Partner Fee of the present Agreement before the annual revision of such by the Parties, for reasons concerning the market spread and/or changes on the SC's pricing policy in general. Partner shall provide Introduced Customers with sufficient information regarding Partner Fee. SC may at its discretion disclose to Introduced Customers the amount of Partner Fees and other payments made to Partner when requested by the Introduced Customer or by a court order. The costs and fees for the wire transfers related to Partner Fee remuneration or other pay- ments performed in favor of Partner are to be deducted from the due Partner Fee amount. The payments to Partner hereunder shall terminate upon the occurrence of the following event: Payment of Partner Fee may be delayed or not be paid or annulled/canceled or suspended in the following circumstances: This Agreement shall be governed by the laws of British Virgin Islands. Any controversy or claim arising out of or relating to this Agreement, or the breach thereof, shall be resolved by either adjudication in a small claims court (subject to jurisdictional limitations) or • In case of breach by Partner of any of his duties hereunder; • Termination of this Agreement. in binding arbitration administered under the rules of BVI Arbitration Association in accord- ance with its applicable rules. Services provided by parties Partner's own Trades will not be included in the calculation of Partner Fees. As security for Partner's performance of its obligations under this Agreement, SC may request Partner to deposit with SC a security deposit in such sums as SC may from time to time require. Said funds shall be subject to a first fixed charge in favor of SC as security for any amounts owed by Partner to SC and only repayable on termination of this Agreement. Upon termination of this Agreement, SC will deduct from the amount then held on deposit any amounts then owed to SC and any amount SC considers appropriate as a reserve against amounts that may thereafter become due to SC under this Agreement and will return any remaining amount to Partner. Partner Fees paid by SC to Partner will be gross of all taxes and duties, and Partner will be solely responsible for any taxes on such fees incurred by any government agencies or local authorities. SC agrees to providing its Services to Partner and Introduced Customers including but not limited to the business of executing and clearing orders for Trades. Conditions of Services provided by SC are fully in the Customer Agreement. Partner confirms to: • If the Partner Account or any other Account managed or controlled by the Partner or any of the Introduced Clients assigned to the Partner is considered by the Company suspi- cious; • The Introduced Client performs actions in bad faith for generating Partner Commission; • act as the first point of contact for prospects; • introduce to potential customers, whether natural persons or legal entities Services provided by SC; • fairly and accurately describe SC's business and the Services provided by SC; • promote Services provided by SC; • comply with any business related instructions or directions given by SC in relation to Services provided by SC; • regularly check and be informed with the terms and conditions of Services and Trades or any other disclosures issued by SC that are available on SC Website; • assist the potential customer to open a Customer Account with SC and gather all neces- sary documents; • provide prompt, effective and accurate updates to SC of any changes made in Intro- duced Customer's details; • perform introducer services and other obligations hereunder at its own cost and risk; • assist Introduced Customers in using the Company's trading platform, including but not restricted to installation, troubleshooting, etc; • provide such reasonable assistance as may be requested to enable SC to handle any questions, queries, litigations or other problems that may arise in the relationship with an Introduced Customer and/or state or regulatory authorities; • fulfill with regards to Introduced Customers all duties and obligations that self regulato- ry bodies and administrative authorities might require from Partner within the scope of his activities. Trades and trading processes Communication and flow of funds Partner undertakes to advise all Introduced Customers of and to expressly draw their attention to the speculative nature of Trades defined herein and to the potential risk to the Introduced Customer's financial situation. Trades that the Introduced Customer or the Partner, acting as an attorney on behalf of the Introduced Customer, enters into with SC is not conducted on an Exchange. SC may act as a counterparty in Trades. As a result, SC's interests may be in conflict with Partner or Introduced Customers, unless other- wise specified in Introducing Broker Agreement or Customer Agreement or other written agreement. SC establishes the prices at which it offers Trades with Partner or Introduced Customers; the prices SC offers may not be the best prices available and SC may offer differ- ent prices to different Partners and Introduced Customers. Additionally, since SC may act as the buyer or seller in Trades, Partner and Introduced Customers should carefully evaluate any information received from SC or any of its solicitors that may influence Partner's and Intro- duced Customer's decisions related to Trades. Partner understands that, while the internet and the World Wide Web are generally reliable, technical problems or other conditions may delay or prevent Partner from accessing SC Web- site. SC will not be liable, and Partner agrees not to hold or seek to hold SC or any of its officers, directors, employees, agents or service providers liable for any technical problems, system failures and malfunctions, communication line failures, equipment or software failures or malfunctions, system access issues, system capacity issues, high internet traffic demand, security breaches and unauthorized access, and other similar computer problems and defects. SC does not represent, warrant or guarantee that Partner will be able to access or use SC Website at times or locations of Partner's choosing, or that SC will have adequate capacity for SC Website as a whole or in any geographic location. SC does not represent, warrant or guarantee that SC Website will provide uninterrupted and error-free service. SC does not make any warranties or guarantees with respect to SC Website and its content, including but not limited to, warranties for merchantability or fitness for a particular purpose. Without limiting the foregoing SC will not be responsible for an impossibility to execute orders and require- ments due to failures in the operation of informational systems caused by technical faults, which are beyond its control. The relationship between SC and Introduced Customers shall be regulated by the Customer Agreement only and Partner shall have no rights in connection with or in relation to the Cus- tomer Agreement and shall not in any way, save as permitted by the Agreement, interfere with the Customer Agreement or its operation whether such interference is lawful or otherwise. In In case Partner owns or operates a website it must include the following information and functions in its website: • explanatory articles about the world's financial markets and explanation of SC's trading rules; • trading platform distribution - Customer terminal SC MetaTrader 4; • provide a link from its website to SC Website. the event of any inconsistency between the terms of the Agreement and any Customer Agree- ment, the terms of the Customer Agreement shall prevail. SC shall be under no obligation to accept instructions from any Introduced Customer or from Partner on behalf of any Intro- duced Customer otherwise than as provided in the Customer Agreement. Any discretionary powers or rights of SC under the Customer Agreement in relation to Trades shall apply to any Trades undertaken with Introduced Customers in connection with or arising from the Agree- ment. SC will communicate requests for security, collateral and margin to Partner, and it will be Partner's responsibility to communicate such requests to Introduced Customers. Notwith- standing the foregoing, SC has the absolute right also to communicate such requests to Customers. SC shall be entitled to rely upon any oral or written instructions or communications received from Partner including from any officer, employee, partner or agent of Partner and shall be entitled to treat such person as having authority to act on behalf of Partner so long as SC does not have actual knowledge of any such person's lack of authority. Partner should not accept and keep any Customer's money, stock or any other security in relation to the services offered by or on behalf of SC. However, it may assist Introduced Cus- tomer in funding his Customer Account with SC. Partner shall not give instructions to transfer funds out of the Customer's Account and SC shall not be obliged to comply with any such instructions unless specifically authorized to do so. The relationship between SC and Introduced Customers shall be regulated by the Customer Agreement only and Partner shall have no rights in connection with or in relation to the Cus- tomer Agreement and shall not in any way, save as permitted by the Agreement, interfere with the Customer Agreement or its operation whether such interference is lawful or otherwise. In Storage of information Complaints Partner will obtain and maintain a permanent record of all relevant facts at least until the expiry of 2 years from the date upon which this Agreement is terminated about every Intro- duced Customer (including, but not limited to, the true name and address, principal occupation or business, and financial condition of such Customer), every order, every account, and every person holding power of attorney over any account or guaranteeing any account introduced by Partner to SC. Partner will also maintain the name of the person who solicited and is responsi- ble for each Introduced Customer. Partner shall make available to SC for inspection within 1 business day of receipt of such request of information by SC all documents and records held or maintained, or required to be held or maintained by Partner under, pursuant to, or in connection with the Agreement. Partner shall promptly notify SC in writing of Customer complaints (whether written or oral), disputes and lawsuits, or any government or regulatory inquiry concerning its business activi- ties and will provide such additional information concerning the nature or status of any such complaint or inquiry as SC may reasonably request. Partner shall then subsequently refrain from approaching any Customer on any pretext with- out the specific prior written instruction of SC. Any step taken by the Partner on its own initia- tive shall not be binding on SC in respect of the Customer. the event of any inconsistency between the terms of the Agreement and any Customer Agree- ment, the terms of the Customer Agreement shall prevail. SC shall be under no obligation to accept instructions from any Introduced Customer or from Partner on behalf of any Intro- duced Customer otherwise than as provided in the Customer Agreement. Any discretionary powers or rights of SC under the Customer Agreement in relation to Trades shall apply to any Trades undertaken with Introduced Customers in connection with or arising from the Agree- ment. SC will communicate requests for security, collateral and margin to Partner, and it will be Partner's responsibility to communicate such requests to Introduced Customers. Notwith- standing the foregoing, SC has the absolute right also to communicate such requests to Customers. SC shall be entitled to rely upon any oral or written instructions or communications received from Partner including from any officer, employee, partner or agent of Partner and shall be entitled to treat such person as having authority to act on behalf of Partner so long as SC does not have actual knowledge of any such person's lack of authority. Partner should not accept and keep any Customer's money, stock or any other security in relation to the services offered by or on behalf of SC. However, it may assist Introduced Cus- tomer in funding his Customer Account with SC. Partner shall not give instructions to transfer funds out of the Customer's Account and SC shall not be obliged to comply with any such instructions unless specifically authorized to do so. Prevention of money laundering Both Parties will at all time comply with any existing rules for the prevention of money launder- ing existing in the country of residence of SC and Partner. Where either of the Parties has doubts, or suspects that assets deposited with SC may be of criminal origin and may serve to finance terrorism, it will inform immediately the other Party, unless prevented from doing so by law or by an injunction issued by any relevant authority. Parties will discuss measures which may have to be taken and will proceed as required by law. Force majeure If either Party is prevented from performing or delayed in the performance of any of its obliga- tions under the Agreement by a Force Majeure Event, that Party shall, as soon as is reasonably practicable, serve notice in writing on the other Party specifying the nature and extent of the Force Majeure Event and its likely duration. Provided the Party so prevented or delayed in performance has served notice in accordance with preceding clause that Party shall have no liability in respect of the nonperformance or delay in performance of such of its obligations as are prevented by the Force Majeure Event during the continuance of such Force Majeure Event and for such further time after it ceases as is necessary for that Party, using all reasonable endeavors, to recom- mence its affected operations in order for it to perform its obligations. General This Agreement sets forth the complete understanding of the Parties hereto regarding the subject matter referred to herein, and supersedes all prior discussions and writings between the parties. In the event that any one or more of the provisions of the Agreement will be held invalid, illegal, or unenforceable in any respect, such provisions will be severed from this agreement, and the validity, legality, and enforcement of the remaining provisions contained herein will not be affected or impaired thereby. Both Parties acknowledge and agree that in entering into the Agreement, it does not rely on, and shall have no remedy in respect of, any statement, representation, warranty or understanding (whether negligently or innocently made) of any person (whether a party to this Agreement or not) other than as expressly set out in the Agree- ment. The only rights and remedies available to a party for breach of the warranties shall be those available at law for breach of contract and the right of indemnification and termination under this Agreement. Nothing in this clause does or is intended to limit either Party's liability in respect of any statement, representation or warranty made fraudulently. The benefit of the Agreement and any rights of SC under the Agreement shall be freely assignable by SC and, in the event of any such assignment, all reference in the Agreement to SC shall be deemed to include its assigns. The Agreement shall be binding on and shall inure for the benefit of the successors in title of each party. SC represents, warrants and covenants that: .................................................................... Name .................................................................... Signature .................................................................... Date Signed for and on behalf of Finvest Solutions Limited. SIGNATURES • it has the power and authority to execute and deliver this Agreement and perform its obligations hereunder; • this Agreement constitutes a legal, valid, and binding obligation of SC, enforceable against SC in accordance with its terms; • the performance of its obligations under this Agreement will not cause it to be in viola- tion of any law, rule, regulation, license, or order applicable to it. Appendix A (RevShare) Partner fee for: M.Premium type of accounts shall be calculated on the basis of each trading transaction executed on the Introduced Customer's Customer Account, where SC agrees to: Partner Fee shall be calculated on the basis of a Revenue Share Rate equal to 20%, where Revenue Share = (SC Spread Revenues + additional commission - Bonuses/Compensations - Chargebacks and other fraud cost) x Revenue Share Rate SC Spread Revenues = revenue generated to SC from the PIP spread that is profited by SC M.PRO type of accounts shall be calculated on the basis of each trading transaction executed on the Introduced Customer's Customer Account, where SC agrees to: Partner Fee shall be calculated on the basis of a Revenue Share Rate equal to 20, where Reve- nue Share = (SC Commission Revenues + additional commission - Bonuses/Compensations - Chargebacks and other fraud cost) x Revenue Share Rate. Partner fee for: Partner may withdraw Partner Fee from the Partner's Account at any given point in time, alternatively SC may wire transfer to Partner's bank account Partner Fee by the 10th of every month. The monthly Partner fee is being transferred to Partner in case a Partner had 3 active clients in Partner's group in calendar month. If such an numbers of clients have not been accumulated, Partner Fee will be wire transferred by the 10th of next month, given that the Download 1.86 Mb. Do'stlaringiz bilan baham: 
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