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LEGAL

Witti LMS Partner/Affiliate Agreement

Effective Date: November 4, 2024

Witti LMS Partner/Affiliate Agreement :

This Partner/Affiliate Agreement (the "Agreement") is made effective as of [Date] by and between CreativePluck Limited, a company duly organized and existing under the laws of the Federal Republic of Nigeria (the "Company"), and [Partner's Name], a [Partner's Legal Entity Type] (the "Partner").

1. Purpose :

1.1 The purpose of this Agreement is to establish a partnership between the Company and the Partner to promote and distribute the Witti LMS platform (the "Platform").

2. Partner Responsibilities :

2.1 The Partner agrees to:

  • Promote the Platform to its target audience.
  • Refer potential customers to the Company's website or sales team and its content creators' contents.
  • Provide marketing and promotional materials as agreed upon by the parties.
  • Comply with all applicable laws and regulations in connection with its activities under this Agreement.

3. Company Responsibilities :

3.1 The Company agrees to:

  • Provide the Partner with marketing materials and other resources to promote the Platform.
  • Pay commissions to the Partner for referrals that result in sales or subscriptions.
  • Provide technical support and training to the Partner as needed.

4. Commission Structure :

4.1 The Company will pay the Partner a commission of [Commission Percentage]% of the total revenue generated from referrals made by the Partner as stipulated in the individual product/content.

4.2 Commissions will be paid to the Partner on a [Weekly/monthly/quarterly/annual] basis as determined by the platform and communicated to the Partner, subject to a minimum threshold of #100,000 cumulatively per payment threshold.

4.3 The Company will track referrals and commissions using its internal systems. The Partner agrees to cooperate with the Company's tracking and reporting processes.

5. Intellectual Property :

5.1 The Platform and all related intellectual property rights, including trademarks, copyrights, and trade secrets, shall remain the sole property of the Company and/or the creator of each content on the platform.

5.2 The Partner shall not use the Company's trademarks or other intellectual property without the Company's prior written consent.

6. Confidentiality :

6.1 The Partner agrees to keep confidential all confidential information disclosed by the Company in connection with this Agreement.

6.2 Confidential information shall not be disclosed to any third party without the Company's prior written consent.

8. Limitation of Liability :

8.1 Neither party shall be liable to the other for any indirect, incidental, special, consequential, or punitive damages, including lost profits, lost revenue, or loss of business opportunity, arising out of or in connection with this Agreement, regardless of the cause of action.

9. Entire Agreement :

9.1 This Agreement constitutes the entire agreement between the parties and supersedes all prior or contemporaneous communications, representations, or agreements, whether oral or written.

10. Governing Law :

10.1 This Agreement shall be governed by and construed in accordance with the laws of the Federal Republic of Nigeria.

11. Dispute Resolution :

11.1 Any dispute arising out of or in connection with this Agreement shall be resolved through amicable negotiation and discussion.

11.2 If the parties are unable to resolve the dispute through negotiation, the dispute shall be finally settled by arbitration in accordance with the Arbitration and Conciliation Act, Cap A18, Laws of the Federation of Nigeria, 2004. The arbitration shall be conducted in Ibadan, Oyo State by a sole arbitrator appointed by the parties or, if they cannot agree, by the Nigerian Institute of Arbitration.

12. Independent Contractors :

12.1 The parties are independent contractors and nothing in this Agreement shall be construed to create a partnership, joint venture, agency, or employment relationship between the parties.

13. Force Majeure :

13.1 Neither party shall be liable for any delay or failure to perform its obligations under this Agreement due to causes beyond its reasonable control, including but not limited to acts of God, war, terrorism, natural disasters, labor strikes, or government regulations.

14. Notices :

14.1 All notices and communications under this Agreement shall be in writing and shall be deemed to have been given when delivered personally, sent by registered mail, or sent by email.

15. Assignment :

15.1 Neither party may assign or transfer its rights and obligations under this Agreement without the prior written consent of the other party.