Terms & Conditions & Agreement
Each participant in the Affiliate program offered by Krypton Business & Services at the “CygnusChain.com” expressly agrees to this Affiliate agreement.
NOTICE: Please read this agreement carefully. Unless you expressly agree and consent to this agreement, you may NOT participate in the Affiliate program. By participating in the Affiliate program, you are agreeing to comply with and be legally bound by the terms and conditions of this contract. If you do not agree to all of the terms of this agreement, please do not register for the Affiliate program.
This agreement incorporates the Program Operator’s Terms and Conditions of Use herein as if it were set forth in full.
Throughout this agreement, “Affiliate program” refers to the Affiliate program operated by the Krypton Business & Services.
Each Affiliate is an independent contractor of the Program Operator and not an employee. Nothing herein is intended to create an employer/employee relationship.
Commissions are paid once per month by payment processor on the day of the month for sales made from the first through the last day of the previous month, and are paid by the Program Operator.
There is a minimum commission amount of $20 or Rs.2000 PKR. This is the minimum amount that you must earn before you will be paid. In any commission period, your commission must exceed this amount before you will receive any sums for that period. Commissions below this minimum amount will be held until such time as the commission equals or exceeds this amount.
Commissions are not paid for any sales for which payment has not been received, or for any transaction that has been rejected for any reason.
We are not responsible for paying interest to Affiliate for accrued but not yet delivered commission payments.
If a transaction incurs a charge-back, or if an online transaction is not completed in every way, no commission payment is due to the Affiliate. If a commission has already been paid, then it will be deducted from an active Affiliate’s future commissions.
TERM & TERMINATION
This agreement will begin upon your sign-up with the Affiliate program and will end when either you or the Program Operator terminates your Affiliate status, or if your account is inactive in any continuous twelve month period. An Affiliate may terminate this agreement at any time, and for any reason, by writing to – or emailing – the Program Operator at the email address listed on the website. The Affiliate may not transfer this agreement, or any rights conveyed in this agreement, to any third party whatsoever.
The Program Operator may also terminate this agreement at any time, and for any reason, by writing to Affiliate at the email address listed in the Affiliate’s Profile, with 30 days notice. the Program Operator may transfer this agreement to any party whatsoever, at any time, and this agreement shall remain in full force and effect, without notice to Affiliate. However, if this agreement should terminate for cause due to violation of this agreement or the Terms and Conditions, this agreement shall terminate immediately and Affiliate shall forfeit all right to any commissions then due.