INTRODUCTORY PROVISIONS

This document sets out the terms and conditions agreed between Kartilona S.R.O, a company officially registered under the laws of Czech Republic, having its registered address at Frýdecká 597/6, 737 01, Český Těšín, Czech Republic and the person or company set out on the relevant application form (hereinafter the “Affiliate”), regarding the Affiliate’s application to join (and if the Affiliate’s application is successful, the Affiliate’s membership of) the LV Bet Partners program and to promote the LVBET.pl website by publishing text links, graphic banners and other advertising materials.

 

LV Bet Partners may change all or any part of this Agreement at any time. Notice will be given by message to the affiliates email address and will be deemed to be served immediately when sent by LV Bet Partners or by pop-up message when the affiliate partner logs into the Affiliate Platform – whichever occurs sooner. If the Affiliate does not agree to the changes the Affiliate should terminate this Agreement in accordance with its terms. The affiliates continued participation in the LV Bet Partners programme after LV Bet Partners have posted the changes will constitute binding acceptance of such changes.

DEFINITIONS

Affiliate means any person or company who entered into this Agreement and offers advertising services for LV Bet Partners Latvia.

Bonuses mean any so-called “free money”, “free bets”, “free spins”, “money back” and/or similar that the Customers can utilize as payment for using our services.

Calendar Days means any day of the week, month or year including bank holidays and weekends.

Commission means the compensation due to the Affiliate based on the agreed percentage of Net Revenue, Cost Per Acquisition, or other reward plans.

Gross Revenue means the value of the revenues generated by all players referred by the Affiliate across all products; the Gross Revenue would be equal to all (settled) bets less wins. For the avoidance of doubt; any bet that is not accepted for a legitimate reason, in the sole discretion of our company, shall not be considered a settled bet and shall not be included in the calculation of the Gross Revenue.

Net Revenue calculated on a monthly basis means the monthly Gross Revenue fewer costs, which includes but is not limited to: taxes, betting duties, third party commissions/fees, financial transaction fees, bonuses, any other player rewards, cash backs and chargebacks.

Admin Fee refers to taxes, third-party commissions and fees, financial transaction fees, chargebacks, operator costs, legal costs, account maintenance costs, license fees. The value of the admin fee can be increased and decreased during the period of the agreement.

New Customer means any LVBET.pl customer who registers using the given Affiliate Media advertising materials.

First Time Depositing Customer means a New Customer who has made a first real money deposit with LVBET.pl via a legally owned financial instrument.

Parties mean the Company and the Affiliate (each a “Party”).

Reward Plan means any financial plan agreed between the Parties to compensate the Affiliate for its advertising services offered.

Affiliate Platform means a statistical technical tool, which records, registers and monitors the relevant Affiliate activities. All the marketing materials used by the Affiliate will be stored in a special content group within the platform. LV Bet Partners uses a third-party service called MAP.

Working Day means every day from Monday to Friday inclusive, excluding public holidays and weekends.

Excluded Countries means any country which is not accepted by LVBET.pl online sportsbook and casino. The full list is always available in the general terms and conditions of the gaming operator and the affiliate accepts that LV Bet Partners has no decision making authority in setting up, managing and updating such list.

AFFILIATE RIGHTS AND OBLIGATIONS

LV Bet Partners  ADDITIONAL RIGHTS AND OBLIGATIONS

FINANCIAL TERMS

CLOSURE OF A MARKET

TERMINATION

 

 WARRANTIES

INDEMNIFICATION

SEVERABILITY

CONFIDENTIALITY

CHANGES TO THIS AGREEMENT