IMPORTANT NOTICE: YOUR ACCEPTANCE CREATES A BINDING CONTRACT BETWEEN YOU AND BITWINE.
BitWine Inc. Advisor Program
By accepting the terms of the Advisor Program or continuing to provide services through the Bitwine service, you (“Advisor” or “you”) hereby agree that commissions will be collected by Bitwine, effective as of the date that this document is accepted by you, as follows:
Terms not defined herein shall have the meaning attributed to them in the BitWine Terms of Service.
When you provide consultations to Clients, you have the right to determine the price you charge for these consultations. You have the right to update these prices at any time. Any amounts paid by the Client in connection with services received through the Bitwine network are referred to below as “Revenues.” By accepting these terms or continuing to provide services through the Bitwine service, you agree to pay Bitwine commission in the rates indicated below of all Revenues paid by Clients. This payment is referred to in this document as a “Commission”. BitWine is free to use the Commission as it deems fit.
BitWine monitors all consultations through the BitWine service, including all Revenues paid to Advisor. BitWine shall invoice Advisor on a monthly basis, or upon its discretion, from time to time outside the monthly schedule, for the Commission for all of Advisor’s Revenues since the previous invoice date. Advisor shall pay BitWine the Commission invoiced no later than ten(10) days after receipt of an invoice from BitWine. Commission shall be paid in the same currency indicated in the invoice. In the event that Advisor fails to pay BitWine the required Commission within the ten(10) day period, BitWine shall be entitled to suspend Advisor’s account, in addition to all other legal remedies available to BitWine.
Bitwine may in its discretion designate a collections service (such as PayPal or another third party) to facilitate the payment of Revenues by Clients and/or payment of Commission by Advisors. This collections service may charge a fee for processing these payments, all in accordance with the terms and conditions stipulated by the collection service (“Processing Fees”). Where the collections service collects Processing Fees, these Processing Fees, as well as Commissions, will be deducted from Revenues.
For example (using the standard Commission rate): if Client is required to pay Advisor $100, BitWine will charge Commission of $25. If applicable, the Processing Fees will also be deducted from the $100, and Advisor will receive the remaining amount.
In the event that a Client cancels or charges back a payment to Advisor, for whatever reason, and a specific payment to Advisor is canceled, the Advisor may contact BitWine and provide BitWine with documentation supporting the payment cancellation. If BitWine determines, in its sole discretion, that the application is warranted, BitWine may credit Advisor’s next invoice for any Commission collected for such canceled payment.
Code of Conduct
You agree to abide by the following Code of Conduct. All your communication with users must be carried out via the BitWine’s platform. You may not do (or attempt to do) any of the following in connection with the Site:
- Exchange contact information with any other user (or any other information which permits users to make contact with you other than via the BitWine platform).
- Post contact information (or any other information which permits users to make contact with you other than via the BitWine platform) to the Site, including but not limited to, your profile page and the forums.
Bitwine may amend the terms of this document from time to time, in its sole discretion, including without limitation the Commission rates, and shall provide notice to Advisors of any such amendment.
THIS IS A LEGAL AGREEMENT BETWEEN YOU AND BitWine Inc. BY CLICKING ON THE “CONTINUE” or “SAVE” BUTTON ON THE ADVISOR SIGNUP PAGE YOU ARE AFFIRMATIVELY STATING THAT YOU HAVE READ AND UNDERSTAND THE TERMS SET FORTH HEREIN AND ARE AFFIRMATIVELY INDICATING YOUR ACCEPTANCE OF THIS ADVISOR PROGRAM AGREEMENT AND YOU AGREE TO BE BOUND BY THE TERMS HEREOF.