Please read this Agreement carefully before registering and using the Stock Market College service as an affiliate. Signing up for the Stock Market College affiliate program indicates your acceptance of this Agreement and its terms and conditions.

Affiliate Agreement

AFFILIATE AGREEMENT FOR Harzel, Inc. t/a Stock Market College 

Last Updated: October 2023

This Affiliate Agreement (“Agreement”) is entered into by and between you (“Affiliate”) and Harzel, Inc. t/a Stock Market College (“Company”) upon your submission of an application to become an affiliate of the Company.

The Company has set up a program for affiliates to promote its products in exchange for a share of the proceeds of any sales prompted by the affiliates’ promotional efforts (the “Affiliate Program”). Except as modified by a separate agreement governing the promotion of any product, the terms of this Agreement apply to the Affiliate’s participation in the Company’s Affiliate Program.

By applying to participate in the Affiliate Program and otherwise participating in the Affiliate Program, the Affiliate expressly agrees to the terms and conditions set out in this Agreement and any agreement that might apply to individual products.

APPLICATION & ACCEPTANCE  

To participate in the Affiliate Program, the Affiliate must complete an Affiliate Program application (“Application”). The Affiliate must answer all questions in that Application, and the Affiliate’s answers must be accurate and complete.

To participate in the Affiliate Program, the Affiliate must provide the Company with the Affiliate’s true identity and contact information, as well as business and banking information, as requested. The Affiliate may not use any alias, pseudonym, persona, pen name, DBA, or other means to mask the Affiliate’s identity or business details.

The Company will rely upon the information provided in the Affiliate’s Application, and any false information will be a basis to reject a prospective affiliate’s Application or to terminate the Affiliate’s status as an affiliate without compensation if discovered after approval. The Company may accept or reject any Application at its sole discretion for any or no reason.

Upon acceptance into the Affiliate Program, the Affiliate will receive an email notifying the Affiliate of such approval and providing affiliate credentials (including details about obtaining affiliate links and other important information).

COMPENSATION 

The Company will pay the Affiliate a fee (a “Commission”) for each customer referred to the Company through the unique tracking links assigned to the Affiliate (“Affiliate Links”). The tracking and attribution of sales to Affiliates based on their tracking links are done automatically by the Company’s affiliate tracking system. Affiliates shall only be entitled to Commissions on sales that are tracked through the Company’s affiliate tracking system and indicate the Affiliate Link as the source of the sale. 

The Affiliate shall receive the following Commissions:

1. Tier 1: 15% commission of gross income.
2. Tier 2: 15% commission of gross income.

All Commissions are calculated after any discounts and before payment processing fees. For example, suppose a customer purchases a product with a list price of $100 and uses a 10% discount code. In that case, the Commission will be calculated based on the $90 discounted price paid by the customer.

The Affiliate agrees that the Company shall only be liable for payment of the Commissions to the extent it receives all funds due and owing to it from the relevant customer after the refund period has passed. Accordingly, the Affiliate shall not be entitled to any Commission on a refunded sale for which there is a chargeback or for which the Company ultimately does not receive the sales proceeds due to credit card abuse or fraud.

The Company pays all Commissions the day after the purchase Date, allowing for processing time, or/and provided the refund period for the product sold has expired. 

The Company retains the right to change and/or update any % commission, structure, incentive bonuses, payment guidelines, processes, and procedures at any time without prior notice.

PAYOUTS AND PAYMENT PROCESSING

The Affiliate shall be responsible to open a QuickTrade.World trading account and to register as an Introducing Broker. This is necessary to facilitate commission payments. The Company shall pay any sums due to the Affiliate via their SMC Affiliate Wallet, which will be created when your first commission payment is due. The Company is not responsible for any amounts not received by the Affiliate due to inaccurate or out-of-date payment information provided by the Affiliate.

The Company shall not be liable for paying interest to the Affiliate for accrued but not yet delivered Commissions.

TAXES 

The Affiliate shall not be eligible to receive any payments from the Company until the Affiliate has submitted the appropriate tax forms and has set up a proper payment gateway.

The Affiliate shall be required to complete either a W-9 or a W8-BEN. It is the Affiliate’s sole responsibility to provide the necessary forms promptly. No payments shall be made to the Affiliate until the proper form is provided.

The Affiliate shall be solely responsible for paying any United States, state, or foreign income taxes and any other tax liabilities arising from any commissions earned or received by the Affiliate.

LINK TRACKING

The Company’s affiliate management system uses tracking cookies (“Cookies”) to track Affiliate Links clicked. When an Affiliate Link is clicked, Cookies are stored in the customer’s browser. The Company uses Cookies that last 90 days. The Company shall not be liable for any loss of Commissions due to Cookies intentionally deleted or cleared by customers. 

If a customer clicks the Affiliate Links from multiple affiliates, the link clicked, and the cookie created closest to the sale shall determine the Affiliate to receive the Commission for that sale.

RIGHT TO CHARGEBACK, OFFSET AND WITHHOLD  

The Affiliate agrees that the Company shall have the right to charge back the Affiliate’s account or otherwise adjust for any previously paid Commissions that ultimately are not commissionable under this Agreement. Specifically, suppose a sale attributed to an Affiliate is charged back, refunded for any reason, or otherwise challenged after the Commission has been paid. In that case, the Company shall have the right to reverse the Commission paid to the Affiliate.

The Affiliate agrees that the Company shall have the right to offset any Commissions due and payable to the Affiliate to account for any chargebacks on sales for which the Affiliate has already received a Commission.

The Affiliate agrees that the Company shall have the right to withhold up to the % of the Commissions due (“the Withholding”) for 90 days to ensure an ability to offset any chargebacks. If the Affiliate’s chargeback percentage exceeds the Withholding for two consecutive months, the Company shall have the right to increase the Withholding percentage. The Company shall provide written notice of any increased Withholding percentage that shall apply to the Affiliate.

LIMITED LICENSE TO USE PROMOTIONAL MATERIALS

From time to time, the Company may make promotional materials available to the Affiliate to promote the Company’s products or services (“Promotional Material”). The Promotional Material may include the Company’s logos, images of products, social media graphics, display banner advertisements, copy for emails and social media posts, and other graphic and textual material for use in the Affiliate’s promotion efforts.

Upon acceptance into the Affiliate Program, the Company grants the Affiliate a revocable, non-exclusive, non-transferable, worldwide, royalty-free license to use the Promotional Material during the term of this Agreement. The Affiliate may use the Promotional Material on its website, social media, emails, and other promotional activities.

The Affiliate may use any such Promotional Material solely to promote the Company’s products or services and for linking to the Company’s website. The Affiliate may not make any other use of the Promotional Material and shall not state or imply that the Company has endorsed the Affiliate.

The Affiliate agrees not to alter, add to, subtract from, or otherwise modify any of the Promotional Material provided by the Company without the express written consent of the Company. Moreover, the Affiliate may not make any derivative works using the Promotional Materials for any purpose other than promoting the Company’s products or services.

INTELLECTUAL PROPERTY OWNERSHIP

No logo, tagline, trademark, trade name, or trade dress (collectively, the “Company’s Marks”) owned by the Company may be used, copied, or reproduced by any Affiliate except as outlined in this Agreement.  No Company intellectual property (or any mark confusingly similar to the Company’s Marks) may be registered as a trademark in any country or as a domain name by the Affiliate in any way.  In using the Company’s Marks, the Affiliate must: (i) only use the images of the Company’s Marks that are made available to the Affiliate, without altering them in any way; (ii) only use the Company’s Marks in connection with the Affiliate Program and this Agreement; and (iii) immediately comply with any request by Company for the Affiliate to discontinue use. The Affiliate must not: (i) use the Company’s Marks misleadingly or disparagingly; (ii) use the Company’s Marks in a way that implies the Company endorses, sponsors, or approves of the Affiliate’s services or products; or (iii) use Company’s Marks in violation of applicable law or connection with an obscene, indecent, or unlawful topic or material.

The Company retains exclusive ownership of the Company’s Marks and other intellectual property and all of its rights therein.  The Affiliate shall not promote or provide services to any other business or person infringing any of the Company’s intellectual property.

The Affiliate retains ownership of all intellectual property created solely by the Affiliate to promote the Company’s products or services. If the Company and Affiliate collaborate on any promotional material, such as a joint venture webinar, the Company and the Affiliate shall each retain ownership rights to such promotional material.

The Affiliate grants to the Company a non-exclusive, non-transferable, royalty-free license to use and display the Affiliate’s trademarks, service marks, and logos (“Affiliate’s Marks”) in connection with the Affiliate Program and this Agreement.

REPRESENTATIONS AND WARRANTIES  

The Company represents and warrants that:

1. The Company shall not knowingly and intentionally violate any law, regulation, or rule applicable to its business operations;
2. The products and services offered in connection with the Affiliate Program are legal products and services within the Company’s jurisdiction;
3. It intends to be bound by the mutual promises, terms, and conditions of this Agreement; and
4. It has the necessary intellectual property and other rights to offer the products available for promotion under the Affiliate Program.

The Affiliate represents and warrants that:

1. The Affiliate has read this Agreement, understands its terms, and agrees to be bound by this Agreement;
2. This Agreement constitutes the Affiliate’s valid and binding Agreement and was executed by a person with authority to bind the Affiliate; 
3. The Affiliate’s answers to the questions in the Application were truthful and accurate to the best of the Affiliate’s knowledge;
4. The Affiliate will comply with CAN-SPAM, GDPR, and CA-SL requirements in connection with email marketing;
5. The Affiliate will comply with all applicable Federal Trade Commission rules, regulations, and guidelines related to affiliate marketing;
6. The Affiliate will not make use of the Company’s name, trademark, or service mark in any manner other than expressly allowed under this Agreement, and
7. The Affiliate will not engage in any behavior that violates the terms of this Agreement or constitutes an attempt to increase the Affiliate’s earnings fraudulently or deceptively under this Affiliate Program.

CONFIDENTIAL INFORMATION

While participating in the Company’s Affiliate Program, the Affiliate may have access to sensitive or confidential information related to the Company’s business (“Confidential Information”). The Affiliate agrees not to disclose or use any Confidential Information, directly or indirectly, except for the sole benefit of the Company, as appropriate to promote the Company’s products or services by this Agreement. The Affiliate shall not directly or indirectly disclose or use any Confidential Information after the term of this Agreement for any reason. The Affiliate will use reasonable care in handling the Company’s Confidential Information so that it does not enter the public domain. The Affiliate will return all Confidential Information to the Company upon termination of this Agreement. Any disclosure in violation of this Agreement is grounds for legal action, equitable relief, and termination of this Agreement.

The Affiliate may disclose Confidential Information to the extent that: (i) it becomes publicly available or known by no fault of Freelancer; (ii) Client grants permission for such disclosure in writing; or (iii) any court or government agency requires disclosure. The Affiliate agrees that in the event disclosure is required by law, the Affiliate will provide only such information as necessary to satisfy such requirement.

“Confidential Information” of the Company includes but is not limited to some or all of the following, whether in documentary, electronic or any other form: customer lists; prospective client lists; email lists or size of email lists; sales leads; course curricula; presentation materials; content, ideas, stories, or other promotional materials; Company’s business methods and competitive strategies; information concerning the preferences, requirements, transactions, creditworthiness and characteristics of Company’s customers; pricing lists, policies and practices; sources of supply; negotiating strategies; computer software; technical information; sales techniques; financial information; financial reports; data; books and reports; specifications; strategic and technical data; marketing data; market research data; product research and development data; trade secrets; information concerning the Company’s business or promotional plans or processes; other information concerning the Company’s finances, technology and operations; and any additional information about or generated by the Company that is proprietary to the Company or which could, if disclosed, be helpful to any competitors of the Company.

INDEPENDENT CONTRACTOR  

The Affiliate is always an independent contractor.  It is the express understanding and intention of the Parties that no relationship of master and servant nor principal and agent shall exist between the Company and the Affiliate by this Agreement.  The Affiliate has no right to act on behalf of or bind the Company in any way nor share in the profits or losses of the Company. The only compensation available to the Affiliate is outlined in this Agreement. The Affiliate is solely and exclusively responsible and liable for all the Affiliate’s acts or omissions.

ACCEPTABLE AND UNACCEPTABLE MARKETING PRACTICES

The Affiliate shall post and make available to all end-users an appropriate privacy policy that complies with all applicable federal, state, and local laws and requirements. The privacy policy shall be made available to users before collecting personally identifiable information. It shall disclose all information collection, use, and sharing practices, including any data collection connected to the Affiliate Program.

The Affiliate shall not promote Company’s products: (1) in conjunction with any illegal activity, (2) on any illegal website, (3) in a manner that a reasonable person would consider threatening, harmful, defamatory, obscene, sexually explicit, harassing, or promoting violence; (4) in a manner that promotes discrimination, (5) in any manner the Company expressly deems as objectionable, or (6) in a manner that infringes upon the intellectual property or related rights held by any third party.

The Affiliate shall not make any claims, guarantees, representations, or warranties about the Company’s products that are inconsistent with or beyond the scope of any claims made by the Company in publicly available marketing materials.

The Affiliate shall comply with all applicable laws and regulations, including, without limitation, laws prohibiting deceptive and misleading advertising and marketing, email marketing laws (including the federal CAN-SPAM Act (15 U.S.C. § 7701)), laws governing testimonials (including the  FTC’s Revised Endorsements and Testimonials Guides (16 CFR Part 255 of the Code of Federal Regulations)), and all guidelines issued by the FTC. The Affiliate is solely responsible for ensuring the Affiliate’s compliance with all laws.   

The Affiliate shall not offer monetary incentives, such as rewards points, cash, or prizes, to potential customers in return for their response to an advertisement. The Affiliate may, however, offer credible customers information and materials of tangible value, such as the Affiliate’s products or services, for reduced or no charge, but only so long as the Affiliate accurately describes and delivers such information and materials to the potential customer.  The Company retains the sole and exclusive discretion to determine whether the Affiliate’s advertising and conduct comply with all laws and the requirements of this Agreement.

The Affiliate shall not comment negatively about or disparage the products or services of the Company or any other person or entity, including without limitation the products or services of a competitor of the Company.  The Affiliate is not permitted to engage in any unlawful or deceptive actions concerning search engine optimization, including, but not limited to, using any technique that generates paid search results based on any trademarks of the Company, any brand name of the Company, or based on the trademarks or brand name of any competitor of the Company, or any other third party.

TERM AND TERMINATION  

The term of this Agreement will begin upon the Affiliate’s submission of an Application to join the Affiliate Program and continue until terminated by either party. 

The Company may terminate this Agreement in whole or in part at any time and for any reason it deems appropriate, with or without prior notice to the Affiliate. The Affiliate may terminate this Agreement at any time by notifying the Company in writing.

Upon termination of this Agreement, the Company will turn off any tracking URLs, links, cookies, pixels, and similar mechanisms for use with the Affiliate Program, and the Affiliate will no longer have access to the Company’s affiliate portal. 

Upon termination of this Agreement, the Affiliate shall immediately cease all use of the Promotional Materials and all the Company’s intellectual property; delete all copies of such materials in the Affiliate’s possession; and cease representing the Affiliate as a participant in the Affiliate Program.

The Affiliate shall be entitled to all validly accrued Commissions earned before the termination of this Agreement.

Any provisions governing the following will survive termination of this Agreement: indemnification, the Affiliate’s representations and warranties, limitations of liability, disclaimers of warranties, governing law, jurisdiction and dispute resolution, confidentiality, and intellectual property ownership.

DISCLAIMERS  

The Affiliate Program, any Promotional Material, and the products and services provided in connection in addition to that are provided to the Affiliate “as is.”

Except as expressly outlined in this Agreement, the Company expressly disclaims, to the maximum extent allowed by law, all warranties, express, implied, or statutory, including but not limited to the implied warranties of merchantability, fitness for a particular purpose, and non-infringement, and any warranties arising out of the course of dealing, usage, or trade.

The Company does not warrant that the Affiliate Program or Promotional Materials will meet the Affiliate’s specific requirements or that the materials are error-free or uninterrupted.

The Company expressly disclaims any liability for any act or omission of any third-party provider not under the control of the Company and their products and services.

The Affiliate expressly agrees and understands that the Company has not guaranteed that the Affiliate will earn any specific amount of commissions and attests that no such representations or claims have been made.

LIMITATION OF LIABILITY

The Affiliate agrees that the Company shall not be liable for any loss or damage that the Affiliate or any other person or entity associated with the Affiliate may suffer or incur as a result of participation in the Affiliate Program and any information or resources contained in or provided in conjunction with the Affiliate Program. The Affiliate agrees that the Company shall not be liable to the Affiliate for any type of damages, including direct, indirect, special, incidental, equitable, or consequential loss or damages arising from the Affiliate’s participation in the Affiliate Program. 

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL THE COMPANY OR ANY OF ITS OFFICERS, DIRECTORS, SHAREHOLDERS, EMPLOYEES, INDEPENDENT CONTRACTORS, AGENTS AND/OR ASSIGNS BE LIABLE FOR ANY DIRECT, INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL, CONSEQUENTIAL DAMAGES OR ANY DAMAGES, FEES, LOSSES OR CLAIMS WHATSOEVER INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF USE, DATA, BUSINESS OPPORTUNITIES, CLIENTS, ANTICIPATED INCOME, GOODWILL, OR PROFITS  ARISING OUT OF OR IN ANY WAY CONNECTED WITH THE USE OR PERFORMANCE OF THE AFFILIATE PROGRAM, WITH THE DELAY OR INABILITY TO USE THE AFFILIATE PROGRAM OR RELATED SERVICE, THE PROVISION OF OR FAILURE TO PROVIDE SERVICES, OR FOR ANY INFORMATION, SOFTWARE, PRODUCTS, SERVICES, AND RELATED GRAPHICS OBTAINED THROUGH THE AFFILIATE PROGRAM, OR OTHERWISE ARISING OUT OF THE USE OF THE AFFILIATE PROGRAM, WHETHER BASED ON CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR OTHERWISE, EVEN IF THE COMPANY OR ANY OF ITS SUPPLIERS HAS BEEN ADVISED OF THE POSSIBILITY OF DAMAGES. 

The Affiliate acknowledges that if the Affiliate is dissatisfied with the Affiliate Program or any portion of it, the Affiliate’s sole and exclusive remedy is to terminate participation in the Affiliate Program.

AFFILIATE AGREES THAT THE COMPANY’S CUMULATIVE LIABILITY FOR ANY LOSS OR DAMAGE TO THE AFFILIATE OR OTHERS ARISING OUT OF OR RELATING TO THIS AGREEMENT SHALL NOT EXCEED THE COMMISSIONS PAID TO THE AFFILIATE DURING THE ONE MONTH PRECEDING A CLAIM GIVING RISE TO SUCH LIABILITY.

INDEMNIFICATION

The Affiliate agrees to defend, indemnify and hold the Company harmless from and against any losses, damages, settlements, liabilities, costs, charges, assessments, and expenses, as well as third-party claims and causes of action, including, without limitation, attorney’s fees, relating to or arising out of (a) the Affiliate’s breach of any provision of this Agreement, including the representations and warranties, (b) any misuse, fraud, or deceptive conduct by the Affiliate or any of its agents in connection with the Affiliate Program, (c) any claims related to any promotional media created by the Affiliate (excluding claims related to any Promotional Material provided by the Company), and (d) the Affiliate’s failure to maintain the confidentiality and security of the Affiliate’s password or access rights to the Affiliate Program or affiliate portal. The Affiliate agrees to provide the Company with such assistance, without charge, as the Company may request in connection with any such defense, including, without limitation, providing the Company with such information, documents, records, and reasonable access to the Affiliate, as the Company may deem necessary. The Affiliate shall not settle any third-party claim or waive any defense without the Company’s written consent.

MODIFICATION  

The Company may modify this Agreement at any time by notifying the Affiliate if deemed necessary of the proposed changes by updating the affiliate agreement on the affiliate portal/infrastructure and notifying via the portal push notification and forced terms and conditions pop up prior to gaining access to the dashboard. Any such changes shall become effective immediately upon notification to the affiliate via the new update.

If the proposed modifications are unacceptable to the Affiliate, the Affiliate must terminate this Agreement as provided above. Continued participation in the Affiliate Program will constitute the Affiliate’s acceptance of and Agreement to the modification.

EFFECT OF HEADINGS; SEVERABILITY

The subject headings of the paragraphs and subparagraphs of this Agreement are included for convenience only and shall not affect the construction or interpretation of any of its provisions. Suppose any portion of this Agreement is held to be unenforceable or contrary to law. In that case, such a portion shall be construed by the applicable law to best accomplish the objectives of the original provision to the fullest extent allowed by law, and the remainder of the conditions shall remain in full force and effect.

ENTIRE AGREEMENT; WAIVER

This Agreement and the Company’s Website Terms and Conditions and Privacy Policy constitute the entire Agreement between the Affiliate and the Company about the Affiliate Program and supersede all prior and contemporaneous agreements, representations, and understandings between the Affiliate and the Company. Any waiver by the Company of a breach of or right under this Agreement will not constitute a waiver of any other or subsequent breach or right. No waiver shall be binding unless executed in writing by the Company.

GOVERNING LAW; JURISDICTION; MEDIATION

This Agreement shall be construed by, and governed by, the laws of the State of Delaware, USA, and the courts of Delaware, USA, shall have jurisdiction to hear and determine any dispute arising about these Terms. The Affiliate agrees that any proceeding relating to this Agreement or the Affiliate’s participation in the Affiliate Program must be filed exclusively in the appropriate courts located in Delaware, USA, and the Affiliate submits to the jurisdiction of those courts and waives any objection based on an inconvenient forum or other reasons.

The parties agree to attempt to resolve any dispute, claim, or controversy arising out of or relating to this Agreement by mediation. The parties further agree that their respective good faith participation in mediation is a condition precedent to pursuing any other available legal or equitable remedy, including litigation, arbitration, or other dispute resolution procedures.

FORCE MAJEURE  

The Company shall not be liable, nor be deemed to have defaulted or breached this Agreement, for any failure or delay in fulfilling or performing any term of this Agreement when and to the extent such failure or delay is caused by or results from acts or circumstances beyond the reasonable control of the Company including, without limitation, acts of God, flood, fire, earthquake, explosion, governmental actions, war, invasion, or hostilities (whether war is declared or not), terrorist threats or acts, riot, or other civil unrest, national emergency, revolution, insurrection, epidemic, lock-outs, strikes or other labor disputes (whether or not relating to either party's workforce), or restraints or delays affecting carriers or inability or delay in obtaining supplies of adequate or suitable materials, materials or telecommunication breakdown or power outage.