Marketers Terms and Conditions
By signing up as a Meridian Bets marketer I hereby agree to abide by the complete Terms and Conditions as provided in the marketers application form to Meridian KZN (Pty) Ltd t/a Meridian.co.za marketing program and the conditions set out in the agreement. This includes the different marketing fee structures to each product. Included below are the complete marketing fee structures that is contained in the agreement.
Meridian.co.za reserves the complete rights to in any way alter, delete, amend, or add any type of provision of this agreement, no advance notification to the marketer subject is needed. The marketer agrees to continued (i) participation in the program, (ii) the use of the marketer website marketer.Meridian.co.za including the tools of marketing (which will be defined within), or (iii) agreeing to accept of any marketer commissions from Meridian.co.za which confirm an irrevocable acceptance of this agreement including any modification to it. You shall be obliged to comply with the terms and conditions of this agreement and follow the general terms and conditions and privacy policy of aff.Meridian.co.za. This includes any other rule and/or any guidelines that has been made known to you at any point from Meridian.co.za.
The date of this agreement shall enter into effect on the date in which the marketer registration form is approved by Meridian.co.za.
Meridian.co.za is in the business of logistical and general support and marketing which is in connection to online gaming. Meridian KZN (Pty) Ltd is a betting company which is incorporated in South Africa and comes under the licence of the KZN Gaming and Betting Board. To assume responsibility for the marketing, advertising, and any promotional aspects of the online betting industry and is carried out under the brand of Meridian.co.za and including in this function, Meridian.co.za is operating the marketer program via the website aff.Meridian.co.za.
The marketer which will hereafter be collectively referred to as the website, will maintain and operate one or more websites on the net and/or refer potential customers through other channels.
This agreement will govern the terms and conditions that is in direct relation to the promotion by the marketer of the website www.Meridian.co.za which will hereinafter be referred to as Meridian.co.za. The marketer will be paid for marketing services exactly as defined under this agreement. This will depend on the traffic generated to Meridian.co.za and are subject to the Terms and Condition of this agreement. This is also true to the applicable product specific marketing services fee structure.
In each one of the marketing fee structures below, the definition of the term Net Revenue and also the product specific marketing fee structure will be detailed below. At the section Marketer program at the aff.Meridian.co.za website, all marketing fee structures may also be viewed.
The Marketer Membership Form submitted will be reviewed by the Meridian.co.za manager and will be responsible to inform the Applicant in writing (email) if the Membership Form is accepted or not. Meridian.co.za reserves the right to decline any form of registration at all times.
The Applicant will be informed in writing (email) by Meridian.co.za as to whether the submitted form is accepted or not. The Company reserves the right to decline any form of registration at all times.
The Marketer or Applicant hereby agrees that:
The Applicant fully agrees that:
The turnover generated by the links will be administrated by Meridian.co.za. Meridian.co.za will record all net revenues including the total amount of marketing fees earned by the links. Meridian.co.za will handle all customer support related to the business and provide the Applicant with marketing statistics. All referred customers will be assigned a unique tracking identification code.
Subject to the terms and conditions of this Agreement, Meridian.co.za will pay the marketer the amount due depending on the traffic generated.
The Marketer hereby agrees and will undertake:
The Applicant hereby agrees:
A marketing fee payment will be paid as agreed by Meridian.co.za to the marketer on the amount calculated on the net revenue that is generated from new customers that have been refereed by the Marketer website and/or by other channel. New customers will be referred to as customers of Meridian.co.za that have yet to sign up for a betting account and who have accessed the website using the link to www.Meridian.co.za. These new customers must have properly registered and have made a real money transfer which is equivalent to the minimum deposit into their Meridian.co.za player account. The marketing services payment will be inclusive of value added tax or if applicable any other tax.
The marketing services payment will be a percentage of the net revenue which is in accordance to the payment structures for the particular product. The calculation of the net revenue is product specific which is set out in every product specific payment structure.
The commission will be calculated at the end of each week for local marketers and at the end of each month for international marketers. Payments for local marketers will be performed on Tuesdays and any payments for international marketers will be performed between the 1st and the 10th of each month. The minimum payment for local marketers will be R200 and R5000 for international marketers. Any payment due that is of less than this minimum threshold, will be carried over to the following week or month or when it exceeds the minimum threshold.
Payment of marketing fees will be paid directly into the Marketers bank account only once the Marketer has invoiced the following for marketing services:
Meridian KZN (Pty) Ltd
VAT: 4470250087
Address: Suite 2 FMI House, Ocean Dunes, 2 Heleza Blvd, Sibaya, KZN, 4320
In the case that there is an error in the calculation of the marketing services payment, the Company reserves the full right to correct the calculation at any time and reclaim over-payment or pay out under-payment to the marketer.
When the Marketer accepts the payment this will be deemed to be the final and full settlement of the stated balance due for the period that was indicated.
If there is any disagreement regarding the balance, the Marketer reserves the right to dispute the report within a period of maximum thirty (30) days. The Marketer must send the dispute letter in the form of an email to [email protected] and include the reason for the dispute. If the Marketer does not send the email within the prescribed time period, it will be considered as an irrevocable acknowledgment that the balance due is correct as reported.
Any payments of the balance due may be delayed by Meridian.co.za for up to one hundred and eighty (180) days due to investigation and verification that the relevant transactions does comply with the provisions of the Terms and Conditions.
If the traffic generated is either illegal or contravenes any of the provisions of these terms and conditions, no payments will be due.
All marketing fees received from fraudulent or falsified transactions, the Marketer agrees to return plus all costs for any legal causes or any actions that may be brought against the Marketer to the fullest extent of the law.
All parties of this Agreement will agree that upon termination of the agreement made by either of the parties, the Marketer will no longer be entitled to receive any payment in any form from Meridian.co.za. Provided that the payments that are already due (unpaid marketing fees) have been paid out.
All taxes, fees, charges, levies, and any other money payable due both abroad and locally (if any) to any department or tax authority, the Marketer will be entirely responsible for the payment of as a result of the revenue generated in this agreement. Meridian.co.za will not be held liable for any due or unpaid amounts by the Marketer and the Marketer will completely indemnify the company in this regard.
This agreement may be terminated at any point by either party provided that a thirty (30) day written notification has been given to the other party involved. All written notification may be submitted in email.
Upon termination of this Agreement the contracting parties hereby agrees
The marketer hereby agrees that the use of Internet is at the Marketer's risk and that this Marketing Program is provided "as available" and "as is" without any conditions or warranties implied. Access to its website at any time or in any particular location will not be guaranteed.
Meridian.co.za will not be liable to the Marketer or anyone else due to any inaccuracy, omission in, error, or injury, loss, or damage caused by, delays, failures, or interruptions of the www.Meridian.co.za website or the Marketing program.
The marketer hereby agrees they will, indemnify, defend, and hold Meridian.co.za and its, marketers, officers, employees, successors, directors, agents, attorneys, and shareholders, harmless and free from and against any and all liabilities and claims, including expert fees and reasonable attorney fees that is arising from or related to:
Meridian.co.za reserves the full right to participate in the defence of any matter at its own expense.
Meridian.co.za may at any time close or refuse any player's account in the case that it is necessary to comply with Meridian.co.za Policy and/or protect the interest of Meridian KZN (Pty) Ltd.
Meridian.co.za reserves the right to refuse any applicant Marketer and/or close any Marketer's account if they deem it necessary to comply with the Meridian.co.za policy and/or protect the general interests of Meridian.co.za. If there is a breach in this agreement by the marketer or a breach of Meridian.co.za General Terms and Conditions or any other policies, rules and guidelines of Meridian.co.za, Meridian.co.za reserves the right to take any steps at law to protect its interest over and above closing the Marketer's account.
This agreement is in accordance with the laws of South Africa and any dispute or action relating to this agreement must be brought in South Africa. The Marketer hereby consents to the jurisdiction of the South African law courts irrevocably.
The Marketer must obtain the written consent of Meridian.co.za prior to assigning this Agreement by operation law or otherwise.
Meridian.co.za reserves the right to assign this Agreement, by operation of the law or otherwise, without having a prior written consent of the Marketer.
It shall not constitute as a waiver of the right, should Meridian.co.za fail to enforce the Marketer to adhere to all the terms outlined in the Agreement.
None of the parties involved will be held liable to the other party for any delay or failure to perform its obligations outlined in this Agreement, if such a delay or failure arises from a cause beyond reasonable control of and is not the fault of the party. This includes but is not limited to, strikes, disputes, acts of God, acts of terrorism, industrial disturbances, floods, utility or communications failures, lightning, earthquakes, or other casualties. In the case of a force majeure event, the non performing party may be excused from whatever performance that is prevented by the force majeure event, provided that the force majeure event subsists for a period exceeding thirty (30) days. In that case either party may terminate the Agreement without notice.
None of the actions taken by any party to this agreement nor anything contained in this Agreement shall be deemed to constitute either party (including the parties, employees, representatives, or agents) legal representative of the other party, or an employee, may create any joint venture, partnership, association, or syndication among or between the parties, nor to confer on either party any express or implied power, right, or authority to enter into any commitment, agreement or impose any obligation upon, on behalf of the other party.
Each provision of this Agreement, whenever possible, will be interpreted in a manner as to be valid and effective under applicable law, but if any provision of this Agreement is found to be invalid, unenforceable, or illegal in any respect, that provision will become ineffective only to the extent of such an invalidity, or enforceability, without the invalidating the remainder of this Agreement. No waiver can be implied from conduct or failure to enforce any rights. This must be in writing in order to be effective.
All information, included but not limited to financial and business, price and sales information, lists of customers and buyers, and any information relating to products, operations, records, processes, business plans, product information, trade secrets, business know-how or logic, market opportunities, and personal data of Meridian.co.za will be treated confidentially. This information cannot be used for own commercial or other purposes or divulged to any third party person whether direct or indirectly unless the prior and total written consent has been given by Meridian.co.za. This provision will survive the termination of this Agreement.
The Marketer hereby warrants himself not to use any of the confidential information for any purpose other than the performance of its obligations in this Agreement.
Meridian.co.za reserves the complete right to amend, delete, alter, or add to any of the provisions of this Agreement at any point and at its sole discretion, without having to give any advance notification to the Marketer, subject to the terms and conditions set out in this Agreement. Any such related changes will be posted at www.Meridian.co.za.
In the event of any discrepancy between the meanings of any translated versions of this Agreement, it is the English language version that will prevail.
Nothing contained in this Agreement will grant any of the parties any title, right or interest in the trade names, trademarks, service marks or other intellectual property rights [hereby referred to simply as 'marks'] of the other party. During or after the term, at no time will either party attempt or assist or challenge or allow others to register or challenge or to attempt to register the marks of the other party of any company within the group of companies of the other party. Neither of the parties involved will register or attempt to register any mark which is similar to and/or strikingly similar to any mark which belongs to the other party or to any company that is contained within the other party's group of companies.
Marketing FEE
The fee payable to marketers is based on the following calculation:
GGR (Gross gaming revenue = Stakes – Payouts)
Less: Applicable Taxes (6.5% Gambling Board Tax, 15% VAT)
Less: Bonus Money
= Net Revenue
The marketing fee is a % of net revenue. For a fee proposal, please contact support@Meridian.co.za.
All reporting is done in Local currency ZAR. For international marketers, you will be paid at the exchange rate at the time of payment less all fees associated with international payments.
Please note that if there is a negative carryover in your fee proposal, the following applies: Your referrals generate a negative Net Revenue of –R 1000 for the month of May and a positive Net Revenue of R1500 for the month of June, your fee for June will be calculated off the net revenue of R1500-R1000 = R500.