The following terms apply to Videobolt’s Affiliate program (the “Affiliate”). By sending your Affiliate Link (as defined below) to other potential users, you indicate your acceptance to these terms and a binding agreement (“Agreement”) is formed between you and Videobolt d.o.o. which offers video creation services through its website at videobolt.net , ( “Service”). Videobolt reserves the right to update and change the Terms from time to time without notice. Any amendments, modifications, enhancements or changes to the Agreement including the release of new features and resources made available by Videobolt from time to time shall be subject to these Terms. Continued use of the Program after any such changes shall constitute your consent to such changes.

You may not use the Program for any illegal or unauthorized purpose. You must not, in the use of the Program, violate any laws in your jurisdiction (including but not limited to copyright laws).

Any violation of these Terms may result in, among other things, termination or suspension of your rights to be an Affiliate and forfeiture of any outstanding affiliate incentives earned during the violation.

1.1. The Affiliate is available exclusively to registered users who applied to an affiliate program through link: www.videobolt.net/affiliate and was approved by Videobolt.

1.2. Videobolt does not permit you to share your user name and password with any other person nor with multiple users on a network. Responsibility for the security of any usernames and passwords issued rests with you.

2.1. A user, who applied to an affiliate program (through the link www.videobolt.net/affiliate) and was approved by Videobolt will be given access to a URL that is unique to the user or promotional code that is unique to the user. This link and code may be shared with friends, family members, and other individuals known to the users. The individual forwarding the link will be referred to as the “Affiliate”, and the individual receiving the link will be referred to as the “Referred”.

3.1. If the Referred uses the Affiliate Link or code to make a purchase of Videobolt Services and does not request a refund within the first 30 days, either directly from Videobolt or through their payment provider, then the Affiliate will receive - 30% of the first payment for monthly plans - 25% of first payment for yearly plans, made through the link or promo code they generated.

3.2. The total amount of earned income will be reported in each user’s Videobolt account information. Affiliates can request a payment once their commissions reach $500, paid monthly. Every first of the month the balances will be reviewed while the affiliates (who reached the threshold) will be paid out until the 25th.

4.1. The Incentive is only applicable to the first purchase made by the Referred; subsequent purchases will not be eligible for an Incentive.

4.2. If the Referred uses the link to register for a non-paid Service (such as a Lite or Pro trial), then neither the Referred nor Referrer are eligible for an Incentive.

4.3. The Referred must purchase Services using the Referral Link or promotion code for the Incentives to apply. Purchases made by the Referred from any other URL or promo code are not eligible for an Incentive.

4.4. If the Referred is already a Videobolt user under a non-paid Service, then the Referred will be able to pay for a subscription using the Referral Link and Affiliate will be eligible to obtain the Incentive.

4.5. If the Referred has previously purchased Services through Videobolt, or is currently a paid subscriber to Videobolt Services, then the Affiliate is not eligible for an Incentive.

4.6. Videobolt will not pay incentives if the link was not automatically tracked and reported by our system.

4.7. Videobolt will not pay incentives if the Referred does not make a payment in full.

4.8. We may delay crediting of incentives subject to risk analysis considerations and Anti-Money Laundering procedures.

4.9.The incentive structure is subject to change at our discretion.

4.10. We reserve the right to disqualify incentives earned through fraudulent, illegal, or overly aggressive, questionable sales or marketing methods

4.11. Affiliate incentives are exclusive of all taxes, charges, levies, assessments and other fees of any kind imposed on your involvement in this Agreement and shall be the responsibility of, and payable by you.

5.1. If the Affiliate shares the Affiliate Link via another web page or social network, the Affiliate agrees that it will comply with such site’s terms of service.

5.2. Affiliate may not use Affiliate Link in any form of communication which may be considered spamming, indiscriminate advertising, or unsolicited commercial email.

5.3. Affiliate may not promote the Affiliate Link via any paid search (including the use of Videobolt Branded search terms), coupon sites or other paid advertising.

5.4. Videobolt is not responsible for any representations made by the Affiliate that contradict our rules, policies or operating procedures.

5.5. Affiliate may not derive any benefit other than the Incentive offered herein by Videobolt.

5.6. Referrer warrants that they will not mislead users in any way, nor cause any transactions with Videobolt to be made that are not bona fide transactions initiated by the Affiliate, including without limitation transactions that are initiated by a device, program, or robot.

5.7. Affiliate warrants that in sharing the Affiliate Link, it will not distribute communications that contain objectionable content (including without limitation misleading, libelous, defamatory, obscene, violent, bigoted, hate-oriented, illegal, or promoting illegal goods, services or activities)

6.1. The term of this Agreement will commence on April 20, 2021., which is the date of the last update of these Terms, and it will continue until immediate termination by Videobolt, or after you have given Videobolt thirty (30) days written notice to terminate this Agreement.

6.2. Videobolt may terminate or suspend the Affiliate, or disable an Affiliate Link, at any time in its sole discretion.

6.3. Participation in the Affiliate is subject to approval by Videobolt at its sole discretion, and Videobolt may refuse, terminate or suspend participation in the Affiliate at any time.

6.4. Videobolt may terminate or suspend the Affiliate (i) participation in the Affiliate, (ii) Videobolt account, and/or (iii) Videobolt subscription due to such person’s failure to comply with these terms or with Videobolt’s Terms of Service at https://videobolt.net/terms. Videobolt’s Terms of Service are incorporated herein by reference in their entirety, and made part of this Agreement.

6.5. Upon the termination of this Agreement for any reason, you will immediately cease use of, and remove from your site, all links to the Videobolt website and all our images and other materials provided under the Program.

7.1. Affiliate agrees to indemnify, defend and hold harmless Videobolt and its parents, subsidiaries, affiliates, officers, directors and employees, harmless from any liabilities, claims, expenses or demands, including but not limited to reasonable attorneys’ fees and costs, made or alleged by any third party due to or arising out of Affiliate’s conduct in relation to the Affiliate, or breach of its obligations hereunder.

7.2. Affiliate is not granted any rights hereunder to advertise for Videobolt, nor to use any Videobolt trademarks or copyrights. Affiliate agrees not to adopt any trademarks, service marks, trade names, slogans, or URLs that confusingly similar to Videobolt’s. Affiliate agrees not to degrade, tarnish or defame Videobolt.

8.1 Videobolt and yourself are independent contractors, and nothing in this Agreement creates any partnership, joint venture, agency, franchise, sales representative, or employment relationship between the parties. You will have no authority to make or accept any offers or representations on our behalf. You will not make any statement, whether on your site or otherwise, that reasonably would contradict anything in this Agreement.

9.1 Videobolt will not be liable or responsible for any failure to perform, or delay in performance of, any of its obligations hereunder that is caused by events outside their reasonable control (any act, event, non-happening, omission or accident, such as: strikes, lock-outs or other industrial action, fire, explosion, storm, flood, earthquake, subsidence, epidemic or other natural disaster, impossibility of use of public or private telecommunications networks, acts, decrees, legislation, regulations or restrictions of any government.

10.1. If we fail, at any time to insist upon strict performance of any of your obligations under these Terms, or if we fail to exercise any of the rights or remedies to which we are entitled hereunder, this shall not constitute a waiver of such rights or remedies and shall not relieve you from compliance with such obligations.

10.2. A waiver by us of any default shall not constitute a waiver of any subsequent default.
10.3. No waiver by us of any of these Terms shall be effective unless it is expressly stated to be a waiver and is communicated to you in writing.

11.1. Any dispute relating in any way to this Agreement (including any actual or alleged breach hereof), any transactions or activities under this Agreement or your relationship with Videobolt or any of our affiliates shall be subject to the exclusive jurisdiction of the Serbian courts.