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THIS AGREEMENT (the "Agreement") is entered into by
and between Super 8 Casino., a company with offices located at the Curacao
and the Reseller.
RECITALS
- A.
- Super 8 Casino is in the business of producing, marketing and promoting
on-line casino, sports book and lotteries entertainment Services which
are accessed through the use of a personal computer, modem and/or
direct Internet access.
- B.
- Reseller undertakes to have Super 8 Casino produce a gaming web
site service for the Reseller web site (the "Service"),
and Reseller desires to market and promote the Service. This Service
will be advertised, marketed and promoted under the name "Super
8 Casino".
- C.
- Reseller desires to obtain from Super 8 Casino, and Super 8 Casino
agrees to grant Reseller the non-exclusive right and license to advertise,
market and promote the Service, in accordance with the following terms
and conditions.
TERMS AND CONDITIONS
- 1.
- Grant of Promotion and Distribution License.
- 1.1
- Super 8 Casino grants to Reseller the non-exclusive, non-transferable
right and license to advertise, market and promote the Service,
in accordance with the terms and conditions hereof.
- 1.2
- Super 8 Casino grants to Reseller the non-exclusive, non-transferable
right and license to distribute to Reseller customers, in accordance
with the terms and conditions herein, the specialized casino and
gaming "Software" (the "Software") which enables
access to the Service. Reseller shall not under any circumstances
reverse engineer, disassemble, decompile, or otherwise attempt
to render source code from the "Software", or to reproduce
or distribute the "Software" in source code format.
Reseller acknowledges and agrees that the "Software"
is the proprietary property of Super 8 Casino, and that it embodies
substantial creative rights, confidential and proprietary information,
copyrights, trademarks and trade secrets, all of which shall remain
the exclusive property of Super 8 Casino and/or its licensors.
Reseller agrees to include such proprietary rights notices, markings
or legends on any advertisements or promotional materials for
the "Software" as Super 8 Casino shall reasonably specify
from time to time. The notice shall be as small as possible while
still remaining legible to the average viewer.
- 1.3
- All other rights and licenses not expressly granted to Reseller
herein are reserved by Super 8 Casino.
- 2.
- Obligations of Super 8 Casino.
- 2.1
- Super 8 Casino will provide access to; (a) casino style games
(b) sports book, (c) lottery ticket distribution, (c) Merchant
accounts, (d) credit cardauthorization, (e) fraud control, for
billing; (f) financial management of receivables including call
reports and accounting services, all in accordance with standard
practices and procedures. The choice of content for the Service,
and the choice of persons retained to deliver the Service's, shall
be determined by Super 8 Casino in its sole discretion.
- 2.2
- Super 8 Casino shall retain the right to provide the Service
in what ever form Super 8 Casino Casino deems appropriate.
- 2.3
- Super 8 Casino shall retain the right to change any part of
the Service at anytime, without notice to Reseller, in whatever
manner Super 8 Casino deems appropriate.
- 2.4
- Super 8 Casino shall retain the right to cancel any part of
the Service at any time, without notice to Reseller, in whatever
manner Super 8 Casino deems appropriate.
- 2.5
- Notwithstanding anything in this Agreement, Super 8 Casino shall
not be held responsible or liable for any loss of income or loss
of ability to produce income, on the part of the Reseller, arising
from any inability of Super 8 Casino to deliver the Services contemplated
in this Agreement for any reason whatsoever, whether Super 8 Casino
is at fault or whether a third party is at fault.
- 3.
- Obligations of Reseller.
- 3.1
- Reseller shall use best commercially reasonable efforts to actively
and effectively advertise, market and promote the Service as widely
and aggressively as possible so as to maximize the financial benefit
to Reseller and to Super 8 Casino. Reseller shall only engage
in advertising, marketing and promotional efforts which do not
violate any law and which reflect positively upon the business
reputation of Super 8 Casino. In particular, Reseller agrees to
market the product in a manner that is consistent with the content
and style of the Service. In connection therewith, Super 8 Casino
shall have the right to review and approve (approval shall not
be unreasonably withheld) the manner and methods of advertising,
marketing and promotion used by Reseller in connection with the
Service. Approval may be withheld if Super 8 Casino determines,
in its sole discretion, that any such activities would tend to
reduce the value of, or would impair Super 8 Casino's goodwill
and business reputation, or would expose Super 8 Casino to legal
liability.
- 3.2
- Notwithstanding any approval by Super 8 Casino given in accordance
with section 3.1 of this Agreement, Super 8 Casino shall under
no circumstances be held liable for, and Reseller shall indemnify,
defend and hold Super 8 Casino harmless against, any and all claims
asserted against Super 8 Casino by reason of Reseller's marketing
and promotional efforts undertaken hereunder.
- 3.3
- Reseller shall bear all costs and expenses incurred in connection
with the advertising, marketing and promotion of the Service,
including but not limited to all costs relating to the marketing.
- 4.
- Compensation.
- 4.1
- As used herein, "Reseller Percentage" shall mean the
percentage paid to Reseller of the actual net revenue received
from a user (the "Customer") for approved use of the
Service. The actual Reseller Percentage shall be equal to 25%
of the Net Monthly Revenue. "Net Monthly Revenue" shall
mean the total amount wagered in the casino and the sportsbook,
less the total amount paid out as winnings in the casino and the
sportsbook, PLUS, total sales of lottery tickets, less the invoiced
cost for purchasing lottery tickets for the lottery ticket sales
and less the amount for all merchant banking fees.
- 4.2
- Super 8 Casino shall pay Reseller monthly, in accordance with
this contract for the preceding calendar month. Payment for the
preceding month shall be madeprior to the 20th day of each month.
- 5.
- Term and Termination.
- 5.1
- This Agreement shall commence and be deemed effective on the
date when accepted by an authorized representative of the Reseller
(the "Effective Date"). This Agreement shall be deemed
to be accepted by the Reseller when the Reseller chooses "YES"
to the "Super 8 Casino WAGERING AND GAMING PARTNERS AGREEMENT"
and hits the submit button on the Reseller Sign-Up page. This
Agreement is in effect for a period of one (1) year (the "Term")
with additional one (1) year extensions at Reseller's option.
If Reseller elects to exercise this option, the option as exercised
must be addressed to Super 8 Casino in writing, no later than
forty five (45) days prior to the expiration of the Term. In addition,
Super 8 Casino, after six months from the Effective Date, shall
have the right to terminate this contract if Reseller fails to
generate a minimum of three hundred (300) "Independent customers"
in any given month for the first five months and five hundred
(500) in any given month thereafter. Said, notification will be
sent in writing, at least thirty (30) days prior to the expiration
of the term. Notwithstanding anything in this Agreement neither
party shall have the right to terminate this Agreement within
the first six months of the Agreement.
- 5.2
- Upon termination of this Agreement, Reseller shall immediately
return to Super 8 Casino any and all Super 8 Casino materials
which Super 8 Casino has a proprietary right in that are in Reseller's
possession and/or in the possession of Reseller's agents, servants
and employees.
- 5.3
- Customers using Super 8 Casino's facilities and all information
relating to these customers shall remain the property of Super
8 Casino at all times during the operation of this contract and
after termination.
- 6.
- Accounting Statements.
- 6.1
- All payments due to Reseller by Super 8 Casino shall be made
on or before the twentieth (20) day of each month for the immediately
preceding calendar month and shall be accompanied by a written
statement which specifies the grossrevenues received by Super
8 Casino Casino with respect to the Reseller customers, the number
of Reseller Customers wagering and the calculation of the monies
being paid to Reseller. Additionally, statements may be adjusted
by Super 8 Casino from time-to-time to reflect overpayments, consumer
chargebacks and/or, credits or underpayments by Super 8 Casino.
- 6.2
- Super 8 Casino shall hold back 10% of each months payment due
to Reseller (the "Hold Back Amount"). The Hold Back
Amount shall be retained by Super 8 Casino for a period of 90 days.
If the chargebacks pertaining to the sales made by Reseller for
any given month are less than 10% of the Reseller Percentage,
then Super 8 Casino shall pay the difference to Reseller with
the next monthly installment after the 90 day hold back period.
If the chargebacks pertaining to the sales made by Reseller for
any given month are greater than 10% of the gross sales on which
commissions are paid to Reseller, then Super 8 Casino shall adjust
the payment due to Reseller in accordance with section 6.1 of
this Agreement.
- 7.
- Audit Rights.
Reseller may designate a Chartered Accountant to examine the
books and records of Super 8 Casino with respect to this Agreement.
Said examination shall be at Reseller's sole cost and expense
and may be conducted no more than once annually during normal
business hours and no sooner than five (5) business days after
Reseller gives written notice of such audit to Super 8 Casino.
Accounting statements rendered by Super 8 Casino shall be deemed
conclusive if not challenged by Reseller within thirteen (13)
months after being rendered.
- 8.
- Exclusivity, Non-Competition and Ownership of Service Name.
- 8.1
- Reseller agrees, understands and acknowledges that Super 8 Casino
may enter into Agreements of this type with third parties to promote
the Service or a similar version thereof.
- 8.2
- Reseller has not paid consideration for the use of Super 8 Casino's
or Super 8 Casino licensors' trademarks, logos, copyrights, tradenames,
the Servicename referred to in Recital B, or designations, and
nothing contained in this agreement shall give Reseller any right,
title or interest in or to any of them. Reseller acknowledges
that Super 8 Casino Casino and Super 8 Casino licensors own and
retain all copyrights and other proprietary rights in all of the
foregoing, as well as any Software supplied by Super 8 Casino.
Reseller shall not at any time during or after this agreement,
assert or claim any interest in or to, or do anything which may
adversely affect the validity or enforceability of, any trademark,
tradename, copyright, servicemark or logo belonging or licensed
to Super 8 Casino (including any act or assistance to any act
which may infringe or lead to the infringement of any copyright
in the "Software"). Without limiting the generality
of the foregoing, Reseller shall not attempt to register, or assist
any third party in attempting to register any trademark, tradename
or other proprietary right with any governmental agency, federal,
provincial, local or otherwise, or with any other entity or authority,
without the express, unequivocal and unambiguous prior written
consent of Super 8 Casino. Reseller shall not attach any additional
trademarks, logos or trade designations to the "Software"
and shall ensure that none of the trademarks (or any variation
thereof) appears in any portion of Reseller's name or any name
under which Reseller does business. Reseller shall not affix a
trademark, logo or tradename of Super 8 Casino or Super 8 Casino
Licensors to any non-Super 8 Casino product. Reseller shall not
alter, erase, deface or overprint any proprietary rights notice
on anything provided by Super 8 Casino.
- 9.
- Confidentiality and Non-Disclosure.
- 9.1
- Reseller and Super 8 Casino each agrees that during the course
of this Agreement, each may have access to and become acquainted
with ConfidentialInformation of the other. Reseller and Super
8 Casino each specifically agrees that it shall not misuse, misappropriate
or disclose any such Confidential Information, directly or indirectly,
to any third party or use any such Confidential Information in
any way, either during the Term of this Agreement or at any time
thereafter. Reseller and Super 8 Casino each acknowledges and
agrees that the sale or unauthorized use or disclosure of any
such Confidential Information obtained by the other during the
Term of this Agreement shall constitute unfair competition and
shall cause the party owning the Confidential Information to suffer
great and irreparable harm. Reseller and Super 8 Casino each further
acknowledge and agree that, except as otherwise provided in this
Agreement, all such Confidential Information is and will remain
the sole and exclusive property of the disclosing party. The terms
of this Section shall survive the expiration or termination of
this Agreement.
- 9.2
- For purposes of this section 9, "Confidential Information"
means (a) discoveries, concepts and ideas, whether patentable
or not; (b) business or technical information, including but not
limited to product or Service plans, designs, costs, prices and
names, finances, marketing plans, business opportunities, personnel,
research, development, and know-how; (c) any information designated
as "confidential", "proprietary", or "secret"
or which, under the circumstances taken as a whole, would reasonably
be deemed to be confidential, proprietary or secret.
- 9.3
- The obligations of section 9.1 shall not apply to the extent
that any Confidential Information (a) becomes generally available
to the public through no fault of the party to whom it was disclosed;
(b) is or has been disclosed to such party directly or indirectly
by a person under no obligation of non-disclosure to the disclosing
party; or (c) is required to be disclosed under any laws, rules,
regulations or governmental orders provided, however, that the
party to whom it was disclosed shall have the burden of proving
any of the foregoing exceptions by conclusive relevant evidence.
- 9.4
- Notwithstanding anything to the contrary contained herein, the
parties agree that the financial terms and conditions of this
Agreement are to remain strictly confidential, and that neither
party will disclose such financial terms and conditions to any
third party without the prior written consent of the other party.
This section shall not apply to disclosures which are required
by law (such as Super 8 Casino reporting requirements), by order
of a court with competent jurisdiction, or to each party's respective
attorneys, accountants, and business advisors under a similar
duty of confidentiality.
- 10.
- Representations, Warranties and Indemnity.
- 10.1
- Reseller warrants, represents and covenants to Super 8 Casino
that: (a) Reseller has the full legal right, power and authority
to enter into and perform this Agreement, and to grant to Super
8 Casino the rights set forth in this Agreement; and (b) Reseller
will obtain all necessary rights, licenses, permissions, business
permits, and will comply with all applicable laws, rulesand regulations
in this connection in offering the Service to end-users.
- 10.2
- Reseller agrees to indemnify and hold Super 8 Casino harmless,
and further agrees to defend Super 8 Casino through the service
of an attorney chosen and approved by Super 8 Casino Casino, from
and against any and all claims, liabilities, causes of action,
damages, judgments, costs and expenses (including reasonable attorney's
fees) arising out of or in any way connected with any breach or
alleged breach by Reseller of any representation, warranty or
agreement contained in this section 10, or elsewhere in this Agreement.
- 10.3
- In no event shall Super 8 Casino be liable to the Reseller,
Reseller's customers or any other third party claim for any indirect,
special, or consequential damages, including lost profits, whether
based upon a claim or action of contract, warranty, negligence,
or other tort or breach of any statutory duty, indemnity or contribution,
or otherwise arising out of this agreement, or the use and promotion
of the Service, and/or any other act or omission relating to the
Service in any connection to the sale or promotion of the Service,
even if, in any such case, Super 8 Casino has been advised of
the possibility of such damages.
- 11.
- No Representation or Guarantee Regarding Profits or Income
Reseller agrees, understands and acknowledges that the Super 8 Casino,
it's parent company, it's sub entities, it's agents, it's officers,
it's directors, it's shareholders, and/or accountants have made no
representation of any nature whatsoever to Reseller and/or "Reseller's
agents, servants and/or employees regarding profits, income, or money
which Reseller may obtain or generate from the Service and/or from
entering into this "Agreement" and/or from marketing and/or
promoting any version of this Service, and/or form any other matter
relating to this "Agreement" and/or to the subject matter
of this "Agreement". Any expression by Super 8 Casino in
this regard is an expression of opinion only and Reseller agrees understands
and acknowledges that they have not been induced to, and/or persuaded
thereby to, enter into this "Agreement" and that Reseller
has entered in to the Agreement of their own free will and choice,
without any force or duress, and only after thorough, complete, full,
and thoughtful investigation and after obtaining independent advice
and counsel from their accountant, their attorney, and their financial
advisors.
- 12.
- Assignment.
This Agreement and rights and duties hereunder may not be assigned
or transferred, either in whole or in any part by Reseller without
the express prior written consent of Super 8 Casino, which consent
shall not be unreasonably withheld.
- 13.
- Binding Effect.
This Agreement and the provisions hereof shall be binding upon
and inure to the benefit of the subsidiaries, affiliates, officers,
directors, employees, agents, families, heirs, beneficiaries,
executors, administrators, personal representatives, successors-in-interest
and assigns of the respective parties hereto, and any entity which
acquires either of the respective parties hereto.
- 14.
- Severability.
If it is determined by a court of competent jurisdiction that
any provision contained in this Agreement is illegal or unenforceable,
such determination shall solely affect such illegal or unenforceable
provision and shall not affect the validity or enforceability
of the remaining provisions of this Agreement.
- 15.
- Further Acts.
Each party agrees to perform such further acts and to execute
and deliver to the other party any and all further documents which
are required to carry out the purpose and intent of this Agreement
or any of the provisions contained herein.
- 16.
- Notices.
Except as otherwise provided herein, all notices, payments, or
any other communications provided for herein shall be in writing
or emailed and shall be given by email or personal delivery, or
by mail, certified or registered, postage prepaid, return receipt
requested, sent to the other party to this Agreement to whom it
is given at the address set forth below, or such other address
as either party to this Agreement may direct by notice given in
accordance with the provisions of this Section. All notices shall
be deemed effective upon three (3) days following delivery
through electronic mail (email):
Super 8 Casino
Email: webmaster@super8casino.com
- 17.
- Dispute Resolution.
- 17.1.
- Agreement to Submit to Binding Arbitration. Except as otherwise
provided below, the parties agree to submit disputes between them
relating to this Agreement and its formation, breach, performance,
interpretation and application to binding arbitration as follows.
- 17.2.
- Notice. Each party will provide written notice to the other
party of any dispute within six (6) months of the date when the
dispute first arises or occurs. If a party fails to provide such
notice, recovery on the dispute will be barred.
- 17.3.
- Arbitration Rules. Arbitration will be conducted in the Curacao,
pursuant to the Arbitration legislation then in effect in the
Curacao. Except as otherwise agreed, the arbitration shall be
conducted by a single arbitrator. The arbitration award will be
final and binding and may be enforced in any court of competent
jurisdiction.
- 17.4.
- Costs and Attorneys' Fees. Unless the arbitrator finds that
exceptional circumstances require otherwise, the arbitrator will
grant the prevailing party in arbitration its costs of arbitration
and reasonable attorneys' fees as part of the arbitration award.
- 17.5.
- Exceptions. Neither party will be required to arbitrate any
dispute relating to actual or threatened: (a) unauthorized disclosure
of Confidential Information; or (b) violation of Super 8 Casino's
proprietary rights. Either party will be entitled to receive in
any court of competent jurisdiction injunctive or other equitable
relief, in addition to damages, including court costs and fees
of attorneys and other professionals, to remedy any actual or
threatened violation of its rights with respect to which arbitration
is not required hereunder.
- 18.
- Relationship of the Parties.
This Agreement does not create a partnership or joint venture
between the parties hereto and neither party shall have the power
or authority to obligate or bind the other in any manner whatsoever.
- 19.
- Entire Agreement.
This Agreement supersedes all prior negotiations, understandings
and agreements between the parties hereto concerning the subject
matter hereof. This Agreement may not be changed nor modified,
nor may any provision hereof be waived, except in a writing signed
by the parties hereto.
- 20.
- Governing Law.
This Agreement shall be governed by and construed in accordance
with the laws of the Curacao.
- 21.
- Survival of Rights.
Notwithstanding anything to the contrary contained in this Agreement,
any obligations which remain executory after expiration of this
Agreement shall remain in full force and effect until discharged
by performance and such rights as pertain thereto shall remain
in full force and effect until their expiration.
- 22.
- Headings.
The headings used in connection with the paragraphs and subparagraphs
of this Agreement are inserted only for purposes of reference.
Such headings shall be not deemed to govern, limit, modify or
in any other manner affect the scope, meaning or intent of the
provisions of this Agreement, nor shall such headings otherwise
be given any legal effect.
I AGREE I DISAGREE
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