The agreement provides that the user`s website links to the provider`s website and guides customers to the provider`s website. CONSIDERING that the company and the representative wish to enter into an agreement under which [PARTNER 1] and [PARTNER 2] share the profits from the sale of the product due to the efforts of the representative, in accordance with the conditions set out therein. If these customers purchase products and services from the provider in a single user session, the user site is entitled to an agreed net percentage of this turnover. For the user`s website, this means that he can use the provider`s content free of charge, which he can then use to promote the provider`s website and generate revenue from sales where the customer is on the provider`s website through the user`s website to purchase products or services. REPRESENTATIVE RESPONSIBILITIES. In return for profit sharing, the representative performs the following tasks: THE GLOBAL AGREEMENT. This Agreement constitutes the full understanding of the Parties and supersedes all prior oral or written agreements concerning the subject matter annexed thereto. PandaTip: This section aims to settle the consequences of the termination of this profit-fixing relationship. This gives the agent the right to continue to receive arrears (if circumstances so require), while giving the agent the responsibility to ask all other questions of the company to ensure a smooth transition. For the provider, this means another advertising channel for its website in order to generate revenue. The representative continues to benefit from the profit sharing of continuing sales, which is a direct result of the efforts made by the representative; This e-commerce agreement is intended for use by two parties who wish to generate revenue from products and services.
„Profits“ are considered to be calculated by the selling price, less any expenses that the company paid on behalf of the representative to promote the sale and the cost of the goods sold. CONSIDERING that the company [product] has developed (the „Product“) and that it owns ownership of all intellectual property rights in the product; COST. The agent is not entitled to reimbursement of expenses, with the exception of those that have been previously approved in writing by the company.