Vibe Partners Affiliate Terms and Conditions

1. General Provisions

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1.1 Parties to the Agreement

This Agreement is entered into between:

• Dynamic Ventures Ltd, a company incorporated under the laws of Costa Rica, with its registered office at Pastor Diaz Ave, Puntarenas, Jaco 61101, Costa Rica. The company is registered under registration number 3-102-922569.

 

• The Affiliate, an individual or entity approved for participation in the Program.

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1.2 Modifications to the Agreement

Vibe Partners reserves the right to amend or update this Agreement at any time. Affiliates will be notified of changes via email, with updates deemed effective upon notification. Continued participation in the Program constitutes the Affiliate’s acceptance of the revised terms.

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1.3 Agreement Scope

This Agreement governs all activities related to the promotion of Vibe Partners brands, including the creation and management of promotional links, the acquisition of new depositors, and commission payments derived from tracked revenue.

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2. Definitions and Interpretations

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For the purposes of this Agreement, the following definitions apply:

• Affiliate: Any natural or legal person who, after entering into this Agreement, allocates space on their homepage, website(s), other media platforms, sms or email to Vibe Partners for marketing the Business and/or Services and acquiring New Depositors.

• Associate: A partner or colleague in business or an individual with limited or subordinate membership within an organization.

• Bonuses: Any form of ‘free money,’ ‘free bets,’ ‘free games,’ ‘money-back,’ ‘top-ups,’ or similar offers; and/or vouchers, rebates, discounts, and/or similar incentives that a New Depositor can utilize to pay for stakes (bets).

• Brand: The name, concept, or identity under which the Services or Business are publicly recognized worldwide. The Brand remains the sole property of Vibe Partners.

• Business: The operations of Vibe Partners, including Fixed Odds Betting, Other Betting and Gaming Activities, and any New Activities.

• Commission: The compensation owed to the Affiliate, based on the agreed CPA and/or percentage of Net Profit generated by a New Depositor at the Site.

• Confidential Information: Any commercially valuable information essential to the Parties, such as technology, market and business information, financial reports, trade secrets, products, processes, business strategies, research, databases, New Depositor lists, prospect and New Depositor data, supplier lists, marketing plans, product development, operational or financial conditions, or future prospects.

• Database: The database containing proprietary New Depositor data maintained by Vibe Partners. This includes personal data and contact information relevant to the Agreement, excluding all other unrelated databases. The Database is a valuable asset of Vibe Partners and represents a significant financial investment.

• Gross Profit: Refers to the total revenue generated by the casino, excluding business deductions such as staff costs, hospitality expenses, and taxes. "Gross" refers to the total amount earned before these deductions are applied.

• Intellectual Property Rights: Includes rights in computer software (including source codes), databases, know-how, design rights, copyrights, trademarks, domain names, utility models, business names, and all related rights, including registrations and applications for these rights.

• New Activities: Services or products related to the Business, which are not currently offered through Vibe Partners at the time of this Agreement but will be made available in the future, such as sports betting or esports.

• New Depositor: A new customer who makes a first minimum deposit with Vibe Partners in accordance with the terms and conditions set forth by Vibe Partners. The deposit must be used for bona fide transactions, establishing a normal commercial relationship within the framework of the Business.

• Net Revenue (NGR): "Net Revenue" (NGR) refers to the total revenue generated by the casino after deducting: Bonus payouts, Jackpot contributions, Chargebacks, Administrative fees (20%), and Transaction fees.

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The term "Net Revenue" does not include components like Personal Data, Payment Agent, or Sub-Affiliate.

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• Personal Data: Any information about a person, whether individual or legal, that can be identified directly or indirectly. This includes information about New Depositors and/or Affiliates.

• Payment Agent: The entity or person appointed by Vibe Partners to handle payments to Affiliates on their behalf.

• Sub-Affiliate: An individual or entity that partners with an existing Affiliate (the "main affiliate") to promote Vibe Partners or related services. Sub-affiliates allocate space on their media platforms to market the business to acquire New Depositors. They typically earn commissions based on traffic or leads, and can additionally receive 5%-10% of the Affiliate’s Net Gaming Revenue (NGR).

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3. Affiliate Obligations

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3.1 Compliance The Affiliate must adhere to all applicable laws and regulations in their region, particularly those concerning advertising and promoting gambling services.

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3.2 Use of Advertising Materials The Affiliate is permitted to use only approved promotional materials provided by Vibe Partners. Unauthorized modifications or alternative materials are prohibited.

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3.3 Prohibited Activities Affiliates may not engage in fraudulent activities (including artificial traffic generation), promote gambling to individuals under the age of 18, or use spam/unsolicited communications for promotional purposes.

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4. Payment Terms

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4.1 Commission Structure

The Affiliate shall earn commissions based on an agreed CPA or a percentage of Net Gaming Revenue (NGR), calculated as follows:

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NGR = Bets - Wins - Bonus costs - Jackpot contributions - Chargebacks - Transaction fees - Administrative fee

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Where:

• Bets: The total amount staked by a player on eligible gaming products.

• Wins: All winnings paid or credited to the player.

• Bonus Costs: All bonuses, free spins, cashback, and promotional funds granted to the player and subsequently wagered or converted.

• Jackpot Contributions: Contributions made toward any progressive or network jackpot systems.

• Chargebacks: Any reversed or disputed payments relating to the player account.

• Transaction Fees: Actual payment processing fees incurred for deposits and withdrawals, including PSP and blockchain/network fees.

• Administrative Fee: A fixed operational fee of 20% applied to Gross Gaming Revenue (Bets minus Wins) prior to any other deductions.

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Payments will be made on a monthly basis, provided the Affiliate meets the minimum threshold of €300. For Affiliates categorized as "influencers" or "streamers" who are not actively promoting and acquiring new depositors, the minimum threshold is €500.

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4.2 Payment Processing and Invoicing

• Payments will be made via the methods specified in the Program, including bank transfers, Crypto USDT, Skrill, or Neteller.

• All payments will be made in Euros, and any currency conversions will be based on the exchange rates reported by OANDA at the time of processing.

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Invoicing Details: All invoices for commissions earned under this Agreement must be issued to:

Dynamic Ventures Ltd

Registered Address: Pastor Diaz Ave, Puntarenas, Jaco 61101, Costa Rica
Registration Number: 3-102-922569

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Invoices must be submitted by the 10th day of the following month to ensure timely payment processing. The invoice must include:

• The Affiliate's name or business name

• Invoice number

• Commission amount earned during the relevant payment period

• Bank details for payment processing (if applicable)

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Any additional details required by Dynamic Ventures Ltd for payment verification

 

The Affiliate is responsible for ensuring that the invoice is accurate and complete; discrepancies may result in delayed payments.

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4.3 High Roller Policy

If an individual player generates net winnings exceeding €5,000 in a single calendar month, the negative balance attributable to the "High Roller" will carry forward exclusively to their account. This negative balance will not impact the Affiliate’s overall commission calculations. Normal commission calculations will resume once the High Roller account returns to a positive balance.

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4.4 Reporting

The Program’s technical platform will provide Affiliates with real-time access to performance metrics, including the number of new depositors and commission calculations. Consolidated monthly statements will also be available.

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5. Intellectual Property

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5.1 Ownership of Intellectual Property

All intellectual property, including promotional materials, banners, databases, and trademarks, remains the sole property of Vibe Partners.

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5.2 License Grant

Affiliates are granted a limited, non-transferable license to use approved branding and promotional materials for the duration of the Agreement. Any alterations or unauthorized use of intellectual property are prohibited.

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5.3 Post-Termination Obligations

Upon termination of the Agreement, Affiliates must immediately cease using Vibe Partners branding and promotional materials and securely destroy or return any proprietary information.

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6. Termination

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6.1 Termination by the Company

Vibe Partners reserves the right to terminate this Agreement with immediate effect due to a breach of material obligations by the Affiliate, insolvency/bankruptcy/liquidation of the Affiliate, or fraudulent/unethical behavior by the Affiliate.

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6.2 Termination by the Affiliate

The Affiliate may terminate the Agreement by providing written notice as specified.

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6.3 Effects of Termination

Upon termination, all rights and obligations cease, except for any provisions that expressly survive termination, including confidentiality and intellectual property rights.

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7. Confidentiality

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7.1 Definition of Confidential Information

Confidential information includes, but is not limited to, business strategies, financial data, and customer information.

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7.2 Obligations

The Affiliate must maintain the confidentiality of all information disclosed during the Agreement. This obligation survives termination.

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8. Warranties

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8.1 General Warranties

Each party represents and warrants that it has the authority to enter into this Agreement and fulfill its obligations, and that it complies with all applicable laws and regulations, including data protection and advertising standards.

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8.2 Affiliate-Specific Warranties

The Affiliate warrants that:

• Their promotional platforms will not contain unlawful, harmful, or objectionable content.

• They will not engage in fraudulent or unethical activities, including artificial traffic generation or targeting individuals under 18.

• They will comply with responsible gambling standards, including providing resources for gambling addiction prevention and refraining from targeting vulnerable audiences.

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8.3 Indemnification

The Affiliate agrees to indemnify and hold Vibe Partners harmless from any claims, damages, or expenses resulting from breaches of this Agreement or the Affiliate’s activities.

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9. Liability

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9.1 Exclusion of Liability

Vibe Partners shall not be liable for indirect or consequential damages (including loss of revenue, goodwill, or reputation) or interruptions in the operation of its platforms or services.

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9.2 Limitation of Liability

The total liability of Vibe Partners for any claims arising under this Agreement shall not exceed the total commissions paid to the Affiliate in the 12 months preceding the claim.

 

9.3 Exceptions

Nothing in this section limits liability for willful misconduct or breaches of confidentiality.

 

 

10. Miscellaneous Provisions

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10.1 Governing Law

This Agreement is governed by the laws of the Autonomous Island of Anjouan, Union of Comoros.

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10.2 Amendments

Any amendments to this Agreement must be made in writing and signed by authorized representatives of both parties.

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10.3 Entire Agreement

This Agreement constitutes the entire understanding between the parties and supersedes all prior agreements or understandings related to the Program.

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10.4 Force Majeure

Neither party shall be held liable for delays or failures caused by events beyond their reasonable control, including acts of nature, government actions, or technical failures.

 

 

11. Final Provisions

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11.1 Notices

All notices under this Agreement must be sent in writing to the registered address or email provided by the receiving party.

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12. Prohibited Actions by the Affiliate

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The Affiliate shall not:

• Use incentives (e.g., monetary rewards) to encourage users to click affiliate links.

• Intercept, record, modify, or redirect any forms, data, buttons, links, or interactive features of the Site.

• Engage in transactions on behalf of third parties or encourage others to do so.

• Mislead users about the relationship with Vibe Partners or cause confusion about which website they are on.

• Use keywords, domain names, or landing pages that mimic Vibe Partners' brand, trademarks, or official site without prior written management approval.

• Use unauthorized or altered marketing materials not approved by Vibe Partners.

• Misrepresent Vibe Partners' promotions or create unapproved offers.

• Engage in cookie stuffing or similar techniques to artificially attribute users to their affiliate account.

• Post ads using prohibited methods (e.g., "framing," pop-ups) or in violation of the Agreement.

• Use spam, search engine spamming, or unsolicited emails to attract New Depositors.

• Redirect or intercept traffic from other affiliates or participating websites.

• Employ adware, malware, or software to redirect users without their knowledge or consent.

• Target users in jurisdictions where online gambling is illegal or Vibe Partners does not operate.

• Violate third-party intellectual property rights or use unauthorized third-party trademarks.

• Use offensive, defamatory, or inappropriate content to promote Vibe Partners.

• Engage in any activity that could harm the reputation or goodwill of Vibe Partners, including associating the brands with controversial figures, misleading advertising, or illegal activities.

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13. Affiliate’s Liability

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The Affiliate is fully liable for any breach of this Agreement and agrees to indemnify Vibe Partners and its affiliates for any losses or claims resulting from such breaches.