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Affiliate Compensation Contract and Agreement
This contract represents an agreement by and between CashBlasterPro, LLC (referred herein as "Company" and "the Company") and the affiliate member, Razis Daud (also referred herein to as "Member").
By using this software and system, it is understood and agreed upon by both parties to be contractually bound as per the following terms:
I. Compensation
1.
The Company agrees to compensate the Member a pro-rata share of $1,000,000 (One Million Dollars), and so grant equal part of the whole amount in the form of 1 share for each TWO free members that the Member personally sponsors on or before July 1st, 2008. Duplicate entries are not valid, as well as fake or bogus entries (non-verifiable) will not count towards a compensation share.
2.
One share is defined as one equal share as per divided between all members who have joined and qualified for the compensation pool on or before July 1st, 2008 and have qualified with at least 2 personally sponsored free members on or before the above date.
3.
Compensation payments will be disbursed "in whole" and as one lump sum to all qualifying members in direct relation to the shares of the Compensation Pool earned as shown on this agreement, to be paid on or before, but no longer than 60 days from the date of:
1.
The Managing Partners of the Company accepting a buy-out of the majority share interest of The Company, thus generating the substantial financial liquidity as needed to initiate said disbursement.
2.
The Company initiating an Initial Public Offering (IPO), thus generating the substantial financial liquidity as needed to initiate said disbursement.
II. Promotional and Member Activities
1.
Member agrees to represent the CashBlasterPro opportunity in an ethical, lawful and honest manner, not misrepresenting any fact or facts as per the CashBlasterPro affiliate site and pages, income opportunity, technology or and/or business model.
2.
Member agrees that during his/her promotional efforts and activities not to use unsolicited email/bulk email, commonly referred to as SPAM as a direct method of promoting the CashBlasterPro affiliate URL.
3.
CashBlasterPro reserves the right to terminate any member that violates any of our policies and procedures, and rules as per this agreement.
4.
Member agrees that they are an independent contractor, and nothing in this Agreement will create any partnership, joint venture, agency, franchise, sales representative, or employment relationship between the member and CashBlasterPro, LLC. Member will have no authority to make or accept any offers or representations on behalf of the Company. Member will not make any statement that reasonably would contradict anything in this Section.
III. Miscellaneous
1.
CashBlasterPro, LLC disclaims all warranties or representations, express or implied, oral or written, including, without limitation, warranties of merchantability, fitness for a particular purpose, title or non-infringement. CashBlasterPro, LLC does not warrant that its services are error-free or that they will operate without interruption nor make any warranty with respect to the quality, reliability, timeliness or security of the Products and Services supplied.
2.
Any action related to this Agreement will be governed by Florida law and controlling U.S. federal law, without regard to the choice or conflicts of law provisions of any jurisdiction. Any litigation must be commenced in the Circuit Court located in Seminole County, Florida, or in the Federal District Court located in Orlando, FL.
3.
By using the Products and Services member agrees to indemnify CashBlasterPro, LLC and its officers, employees, and licensors and hold them harmless from any and all claims and expenses, including attorney's fees, arising from member's use of the Products and Services, or from any person's use of any account or password that the member maintains with any of the Products and Services, regardless of whether such use is authorized by the member. By using the Products and Services, member is hereby agreeing to release CashBlasterPro, LLC and its officers, employees, and licensors from any and all claims, demands, debts, obligations, damages (actual or consequential), costs, and expenses of any kind or nature whatsoever, whether known or unknown, suspected or unsuspected, disclosed or undisclosed, that member may have against them arising out of or in any way related to such disputes and/or to the Products and Services. Member hereby agrees to waive all laws that may limit the efficacy of such releases.
4.
Both parties agree that this Agreement is the complete and exclusive statement of the mutual understanding of the parties and supersedes and cancels all previous written and oral agreements, communications and understandings relating to the subject matter of this Agreement.
5.
If any provision of this Agreement is found to be unenforceable or invalid, that provision will be limited or eliminated to the minimum extent necessary so that this Agreement will otherwise remain in full force and effect and enforceable.
