Thinkers360 VIP Program Agreement
Date of Last Revision: January 19, 2022
Thinkers360 VIP Program
The Thinkers360 VIP Program (“The Program”) enables Thinkers360 thought leaders and influencers (“Creators”) who are Thinkers360 members in good standing to receive payments for all paying VIP subscribers to their Thinkers360 profile and portfolio where they share exclusive access to their personally authored content.
VIP subscribers simply sign up via your personal profile page using the “Join VIP Club” button and you earn 90% on every new VIP subscription minus credit card fees.
These VIP subscribers can be any of a) end user members on the Thinkers360 Standard Plan (i.e. free plan), b) reader and writer members subscribing to any of the Thinkers360 Content Plans, c) thought leader and influencer members subscribing to any of the Thinkers360 Individual Plans, and/or d) enterprise members subscribing to any of Thinkers360 enterprise services including digital marketing, content marketing, influencer marketing and/or speaker bureau services.
Application & Acceptance
To participate in the VIP Program, you must complete an VIP Program application (“Application”). You are required to answer all questions in that Application, and your answers must be accurate and complete.
To participate in the VIP Program, you must provide Thinkers360 (“The Company”) with your true identity and other contact information, as well as business and banking information as requested. You may not use any alias, pseudonym, persona, pen name, DBA, or other means to mask your identity or business details.
The Company will rely upon the information provided in your Application, and any false information will be a basis to reject your Application or to terminate your status as a Creator without compensation if discovered after you are approved.
The Company will review your Application and decide whether to accept you as a Creator. We will notify you in due course of your acceptance or rejection as a Creator. We may accept or reject your Application at our sole discretion for any or no reason.
Upon acceptance into the VIP Program, you will receive an email notifying you of your acceptance which includes details about how to post your VIP content and other important information.
Program Benefits and Payment Terms
The Company will pay Creators a fee (a “Commission”), for each customer acquired by signing up to their personal profile page on Thinkers360 using the “Join VIP Club” button. The tracking and attribution of sales to Creators based upon subscriptions to their VIP content is done automatically by the Company’s marketing automation system. Creators shall be paid only for sales that are tracked through the Company’s marketing automation system and indicate the VIP subscriber as the source of the sale.
The VIP Program pays creators 90% commission for each VIP subscriber acquired by signing up to their personal profile page on Thinkers360 using the “Join VIP Club” button based on gross revenues [meaning after PayPal has taken their cut out of the subscription fee for example] received by Thinkers360 for that specific VIP subscriber, less any transaction fees.
Payments are made on a monthly basis to Creators, at the end of each month, and are calculated based on the total revenue from paying VIP subscribers to their VIP content (i.e. their exclusive, personally authored content, posted on Thinkers360 and made available only to VIP subscribers) received within that month. Payments are currently made via PayPal direct to the Creators account. Creators can use the VIP Subscriptions & Payments link to check their subscriptions and payments as well as their historical payments at any time.
Commissions are only paid out if the amount of the commission is greater than $100 each month. If a commission is not paid out one month, the balance is carried over to the following month, and the commission is paid out once the total balance is over $100.
Thinkers360 reserves the right to modify any aspect of these program details, benefits and payment terms and conditions or any other aspect of the VIP Program at any time without prior notice.
All commissions are calculated upon the then current terms and conditions provided within this VIP Program agreement at the time of first receipt of new VIP subscriptions (i.e. at the time of receipt of the first payment for that new VIP subscriber by Thinkers360). If at any time Thinkers360 adjusts its commission to Creators, or its pricing for VIP subscribers, then Creator commissions are updated accordingly, either up or down, from that point in time onwards as specified in the then current VIP Program agreement.
Creator agrees that the Company shall only be liable for payment of the Commissions to the extent it receives all funds due and owing to it from the relevant VIP subscriber after the refund period has passed. Accordingly, Creator shall not be entitled to any Commission on a sale that is refunded, for which there is a chargeback, or for which the Company ultimately does not receive the sales proceeds as a result of credit card abuse or fraud.
Taxes and Payment Gateways
Creator shall not be eligible to receive any payments from the Company until Creator has submitted the appropriate tax forms and has set up a proper payment gateway by providing information such as their PayPal email address.
Creator shall be required to complete either a W9 or a W8BEN. It is Creator’s sole responsibility to provide the required forms in a timely manner. No payments shall be made to Creator until such form is provided.
The Company shall pay any sums due to Creator as set forth below via PayPal. Creator shall be responsible for providing their PayPal email address necessary to facilitate the use of the payment method.
Creators may use the Creator Link (e.g. the link to the “Join VIP Club” page specific to the Creator), which is provided to them upon sign-up to the program, in order to direct prospects to the Thinkers360 Join VIP Club page which will credit them for their VIP subscriber when the VIP subscriber becomes a paying subscriber. This Creator link can also be found on the Creator’s public profile page on Thinkers360.com (e.g. “Join <Creator Name’s> VIP Club”).
In marketing, selling or otherwise promoting Thinkers360 services, within this VIP Program, Creators may refer to or link to any published Thinkers360 content such as Thinkers360 leaderboards, Thinkers360 blogs or Thinkers360 influencer interviews as part of their activity (including associated images owned by Thinkers360), or any of their own personally-authored content within their Thinkers360 public profiles and portfolios, as long as they link back to the original source of the content on Thinkers360 or direct the subscriber to the Creator’s Creator link on Thinkers360.
As per the Thinkers360 terms of service, with the exclusion of the specific Thinkers360 content items outlined above, Creators agree to not utilize any content that they did not create or that they do not own all right, title and interest in and to, including, without limitation, all copyright and rights of publicity contained therein.
Creator shall not make any claims, guarantees, representations, or warranties about the Company’s products, except as expressly authorized herein or in the Company’s Website terms of service.
Right to Chargeback, Offset, and Holdback
Creator agrees that the Company shall have the right to charge back the Creator’s account or otherwise adjust for any previously paid Commissions that ultimately are not commissionable under this VIP Program Agreement. Specifically, in the event that a sale attributed to a Creator is charged back, refunded for any reason, or otherwise challenged after the Commission has been paid, the Company shall have the right to charge back the Commission paid to the Creator.
Creator further agrees that the Company shall have the right to offset any Commissions due and payable to the Creator to account for any charge backs the Company experiences on sales for which Creator has already received a Commission.
Creator further agrees that the Company shall have the right to hold back up to 20% of the Commissions due (“the Holdback”) for a period of 90 days to ensure an ability to offset any chargebacks. In the event that the Creator’s chargeback percentage exceeds the Holdback for a period of two consecutive months, the Company shall have the right to increase the percentage of commissions held back from Creator. The Company shall provide written notice of any such increased holdback percentage that shall apply to Creator.
Representations and Warranties
The Company represents and warrants:
-that it shall not knowingly and intentionally violate any law, regulation, or rule applicable to its business operations;
-that the products and/or services offered in connection with the VIP Program are legal products and services within the Company’s jurisdiction;
-that it intends to be bound by the mutual promises, terms, and conditions of this Agreement; and
-that it has the necessary intellectual property and other rights to offer the products that are available for promotion under the VIP Program.
Creator represents and warrants:
-that Creator has read this Agreement, understands its terms, and agrees to be bound by this Agreement;
-that this Agreement constitutes Creator’s valid and binding agreement and was executed by a person with authority to bind the Creator;
-that Creator’s answers to the questions in the Application were truthful and accurate to the best of Creator’s knowledge;
-that Creator will comply with CAN-SPAM, GDPR, and CA-SL requirements in connection with email marketing;
-that Creator will comply with all applicable Federal Trade Commission rules, regulations, and guidelines related to affiliate marketing;
-that Creator will not make use of the Company’s name, trademark, or service mark in any manner other than expressly allowed under the VIP Program; and
-that Creator will not engage in any behavior that violates the terms of this Agreement or that constitutes an attempt to fraudulently or deceptively increase the earnings of Creator under this VIP Program.
Promotional Materials, Limited License, and Intellectual Property
From time to time, the Company may make materials available to Creator for use in promoting the Company’s products (“Promotional Material”). The Promotional Material may include the Company’s logos, images of products that are part of the VIP Program, display banner advertisements, button links, text links, and other graphic and textual material for use in Creator’s promotion efforts.
Upon acceptance into the VIP Program, the Company grants Creator a revocable, non-exclusive, worldwide, royalty-free license to use the Promotional Material during the term of this Agreement. The Creator may use the Promotional Material on its website, in emails, and in other promotional activities.
Creator may use any such Promotional Material solely for the purpose of promoting the Company’s products and/or for linking to the Company’s website. Creator may not make any other use of the Promotional Material and shall not state or imply that the Company has endorsed the Creator.
Creator agrees not to alter, add to, subtract from, or otherwise modify any of the Promotional Material provided by the Company without the express written consent of the Company. Moreover, Creator may not make any derivative works using the Promotional Materials.
Creator shall not, directly or indirectly, use for his or her own benefit (other than to fulfill his or her obligations hereunder) or disclose to any third party any Confidential Information (as defined below) of Company without prior, written permission of Company in each instance. Confidential Information means all non-public information of Company, including, without limitation, these Terms and Conditions, sales figures, software passwords, Company list size, list contents, ideas, stories, activities, curriculum, event format, presentation materials, presentation content, inventions, financial information, business plans, business processes, marketing plans, marketing strategies, marketing copy, financial projections, customer lists, customer financial information, personal information of executives, sponsorship strategies, relationships with other vendors, media delivery concepts and systems, including, but not limited to, web-based delivery systems, technical data, software designs, drawings, specifications, models, source code, object code, documentation, diagrams, flowcharts, and other similar information that is proprietary to and confidential information of Company.
This Agreement imposes no obligation of confidentiality on Creator with regard to any portion of the Company’s Confidential Information (a) that is generally available to the public at the time of disclosure; (b) that becomes generally available to the public after the Promotion without any breach of this Agreement by Creator; or (c) that Creator can demonstrate by written records he or she had independently developed without any access to or usage of the Confidential Information.
In the event Creator becomes or may become legally compelled to disclose any Confidential Information (whether by deposition, interrogatory, request for documents, subpoena, civil investigative demand or other process or otherwise), Creator shall provide to Company prompt prior written notice of such requirement so that Company may seek a protective order or other appropriate remedy and/or waive compliance with the terms of this Section. In the event that such protective order or other remedy is not obtained, or that Company waives compliance with the provisions hereof, Creator shall furnish only that portion of the Confidential Information which he or she is advised by counsel is legally required to be disclosed, and shall use his or her best efforts to ensure that confidential treatment shall be afforded such disclosed portion of the Confidential Information. In general, Creator may not disclose any financial, personal, or business information about Company or its executives without permission from Company. Such disclosure is grounds for legal action, equitable relief, and termination of this Agreement.
Term and Termination
This Agreement shall commence upon the date the Company notifies you that you have been accepted into the VIP Program and shall continue thereafter until terminated as provided herein.
The Company may terminate this Agreement in full or in part at any time and for any reason it deems appropriate with or without prior notice to you. In the event of termination, the Company will disable any tracking URLs, links, cookies, pixels, and similar mechanisms for use with the VIP Program. You may terminate this Agreement at any time upon notification to the Company in writing.
Upon termination, you shall immediately cease all use of the Promotional Materials and all of the Company’s intellectual property and will delete all copies of such materials in your possession. Furthermore, you shall immediately cease representing yourself as a participant in the VIP Program.
You shall be entitled to all validly accrued Commissions that have been earned prior to the termination of this Agreement.
Nature of The Relationship
The relationship between the parties is that of independent contractors. Nothing contained in this Agreement shall be construed as creating any agency, partnership, joint venture or other form of joint enterprise, employment or fiduciary relationship between the parties, and neither party shall have authority to contract for or bind the other party in any manner whatsoever.
The VIP Program, any Promotional Material, and the products and services provided on connection therewith, are provided to Creator “as is.”
Except as expressly set forth in this Agreement, the Company expressly disclaims to the maximum extent allowed by law, all warranties, express implied, or statutory, including but not limited to the implied warranties of merchantability, fitness for a particular purpose, and non-infringement, and any warranties arising out of course of dealing, usage, or trade.
The Company does not warrant that the VIP Program or Promotional Materials will meet Creator’s specific requirements or that the materials are error free or uninterrupted.
The Company expressly disclaims any liability for any act or omission of any third party provider not under the control of the Company, and their products and services.
Creator expressly agrees and understands that the Company has not made any guarantee that Creator will earn any specific amount of commissions and attests that no such representations or claims have been made.
Limitation of Liability
You agree to absolve and do hereby absolve the Company of any and all liability or loss that you or any person or entity associated with you may suffer or incur as a result of participation in the VIP Program and/or any information and resources contained in the VIP Program. You agree that the Company shall not be liable to you for any type of damages, including direct, indirect, special, incidental, equitable, or consequential loss or damages for participation in the VIP Program.
To the maximum extent permitted by applicable law, in no event shall the Company be liable for any direct, indirect, punitive, incidental, special, consequential damages or any damages whatsoever including, without limitation, damages for loss of use, data, or profits arising out of or in any way connected with the use or performance of the VIP Program, with the delay or inability to use the VIP Program or related service, the provision of or failure to provide services, or for any information, software, products, services, and related graphics obtained through the VIP Program, or otherwise arising out of the use of the VIP Program, whether based on contract, tort, negligence, strict liability, or otherwise, even if the Company or any of its suppliers has been advised of the possibility of damages. Because some States or other jurisdictions do not allow the exclusion or limitation of liability for consequential or incidental damages, the above limitations may not apply to You. If you are dissatisfied with the VIP Program or any portion of it, your sole and exclusive remedy is to terminate your participation in the VIP Program.
You hereby expressly waive any and all claims you may have, now or in the future, arising out of or relating to the VIP Program.
To the extent that you attempt to assert any such claim, you hereby expressly agree to present such claim only through binding arbitration to occur in Denton County, Texas. You further agree to and do hereby waive any right to class arbitration and agree, instead, to conduct an arbitration related solely to any individual claims you and/or any entity related to you asserts against the Company. To the fullest extent permissible by law, you further agree that you shall be responsible for all costs associated with initiating the arbitration and for the administration of the arbitration.
You hereby expressly waive any and all claims you may have, now or in the future, arising out of or relating to the VIP Program. To the extent that you attempt to assert any such claim, you hereby expressly agree to present such claim only in the state or federal courts that are geographically nearest to Denton County, Texas.
Choice of Law
This Agreement shall be governed by and interpreted under the laws of Texas, without regard to any conflict of laws provisions.
You agree to indemnify, defend, and hold harmless the Company, its officers, directors, employees, agents, and third parties for any losses, costs, liabilities, and expenses (including reasonable attorneys’ fees) relating to or arising out of: (a) Creator’s breach of any provision of this Agreement, including the representations and warranties, (b) any misuse, fraud, or deceptive conduct by Creator or any of its agents in connection with the VIP Program, and (c) any claims related to any promotional media created by Creator (excluding claims related to any Promotional Material provided by the Company).
The Company hereby agrees to indemnify, defend, and hold harmless Creator, its officers, directors, employees, agents, and third parties for any losses, costs, liabilities, and expenses (including reasonable attorneys’ fees) relating to or arising out of an allegation that the Company does not have the right to provide the Promotional Material or that the Promotional Materials violate a third-party’s rights.
The Company may modify this Agreement at any time, but any such changes will not alter the Company’s obligation to Creator with respect to any previously-earned commissions. Any such changes shall become effective immediately upon update to this Agreement posted on the Thinkers360 web site.
If future modifications are unacceptable to you, you may terminate this agreement pursuant to the Termination clause above. Continued participation in the program shall constitute your acceptance of and agreement to the modification to this Agreement.
This Agreement constitutes the entire agreement between You and the Company with respect to the VIP Program, and it supersedes all prior or contemporaneous communications and proposals, whether electronic, oral, or written, between You and the Company with respect to the VIP Program. A printed version of this Agreement and of any notice given in electronic form shall be admissible in judicial or administrative proceedings based upon or relating to this agreement to the same extent and subject to the same conditions as other business documents and records originally generated and maintained in printed form.
If any term or provision of this Agreement is found by a court of competent jurisdiction to be invalid, illegal, or unenforceable in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any other jurisdiction.
No waiver by any Party of any of the provisions of this Agreement shall be effective unless explicitly set forth in writing and signed by the Party so waiving. Except as otherwise set forth in this Agreement, no failure to exercise, or delay in exercising, any right, remedy, power, or privilege arising from this Agreement shall operate or be construed as a waiver thereof, nor shall any single or partial exercise of any right, remedy, power, or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power, or privilege.
The Company shall not be liable or responsible to You, nor be deemed to have defaulted or breached this Agreement, for any failure or delay in fulfilling or performing any term of this Agreement when and to the extent such failure or delay is caused by or results from acts or circumstances beyond the reasonable control of the Company including, without limitation, acts of God, flood, fire, earthquake, explosion, governmental actions, war, invasion, or hostilities (whether war is declared or not), terrorist threats or acts, riot, or other civil unrest, national emergency, revolution, insurrection, epidemic, lock-outs, strikes or other labor disputes (whether or not relating to either party’s workforce), or restraints or delays affecting carriers or inability or delay in obtaining supplies of adequate or suitable materials, materials or telecommunication breakdown or power outage.
For correspondence, contact: firstname.lastname@example.org