Partnership agreement

SIA “CREDO BALTIC”, Reg.No.40003999361, VAT number: LV40003999361, registered address: Sergeja Eizensteina street 73 – 7, Riga, LV-1079 (hereinafter – CREDO BALTIC), and a partner who applies for partner status with CREDO BALTIC for online services via the website www.icredo.eu and identifies himself/herself by entering his/her personal data and / or registration data in the relevant register and has purchased a tennis machine from CREDO BALTIC (hereinafter referred to as the Partner) have entered into this Partnership Agreement (hereinafter referred to as the Agreement).


1 ONLINE SHOP

1.1 www.icredo.eu (hereinafter referred to as the Website) is the online environment created by the Service Provider through which the goods are sold.


2 PARTNER PARTICIPATION IN THE SALE OF GOODS

2.1. After registration on the website www.icredo.eu, the Partner generates its own code (link) for each product in the “Partner Zone” section, which the Partner is entitled to pass on to potential buyers.

2.2. After the buyer has purchased the product on the website using the product code (link) provided by the Partner and actually received it, the Partner’s profile on the website will display information on the number of code (link) usage, from which points and later the amount of reward (hereinafter referred to as the Partner`s Reward) will be calculated. 

2.3. The amount of the reward, the levels of the reward and the procedure for receiving it are stipulated in the Partner Program Terms: https://icredo.eu/partner-program/, which is an integral part of this agreement (Appendix No.1).

2.4. CREDO BALTIC reserves the right to deny the partner status to any cooperation partner without explanation, in its sole discretion.

2.5. CREDO BALTIC reserves the right to change the terms and conditions necessary to calculate the remuneration in relation to the Partner and to change the level of Reward set out in Annex 1 to the Partnership Agreement.


3 LIABILITY OF THE PARTIES

3.1. The Partner undertakes to use the services specified in this Agreement only in accordance with laws.

3.2. The Partner, using the services specified in this Agreement contrary to the terms and conditions of the Agreement, the applicable legislation of the Republic of Latvia, is fully liable for losses incurred by CREDO BALTIC, potential buyers or third parties.


4 PERSONAL DATA AND THEIR USE

1.1 CREDO BALTIC processes personal data in accordance with the principles of personal data processing.


5 TERMINATION OF THE AGREEMENT

5.1. The Partner has the right to withdraw from the Partner Program at any time and terminate the Agreement. In order to withdraw from the Agreement, the Partner informs CREDO BALTIC of his/her withdrawal by e-mail sent to: info@icredo.eu.

5.2. CREDO BALTIC has the right to withdraw from the Partner Program with the partner and terminate the Agreement at any time. In order to withdraw from the Agreement, CREDO BALTIC informs the partner of its withdrawal by e-mail sent to: info@icredo.eu.

5.3. If CREDO BALTIC ceases to provide services on the CREDO BALTIC website, in particular with regard to the deletion of the website or the transfer of ownership of the website to another company, the affiliate program will be terminated on the day such events occur. CREDO BALTIC makes all payments with the partner until the termination of services on the CREDO BALTIC website.


6 OTHER PROVISIONS

6.1. All disputes that have arisen between the Parties during the performance of the Agreement shall be settled through negotiations. If no settlement is reached, the dispute shall be submitted to the court of the Republic of Latvia for review in accordance with the procedures provided for in the regulatory enactments of the Republic of Latvia.

6.2. The Partner undertakes to notify CREDO BALTIC of any changes to their data by contacting us by e-mail: info@icredo.eu no later than 7 days after the change. 

6.3. CREDO BALTIC reserves the right to change these terms and conditions. Changes to these terms and conditions will take effect on the day they are published by CREDO BALTIC.

6.4. CREDO BALTIC reserves the right to immediately terminate or suspend the Partner Program.

6.5. In all matters not stipulated herein, correctly apply the regulatory framework of the Republic of Latvia.

6.6. By ticking in the “I agree to the terms and conditions of the Agreement” box when placing an order, the Partner acknowledges that he has read, understood and agrees to all terms and conditions of the Agreement.

 

SIA “CREDO BALTIC”

 

Valid from 1 May 2021.