Affiliate Agreement

WHEREAS Party A and its affiliates are developer(s), producer(s), and after-sales service provider(s) of solar products and electronics products of ACOPOWER brands, and Party A is the founder of ACOPOWER Affiliate Program; WHEREAS Party B is willing to become ACOPOWER Affiliate in accordance with this Agreement and promote the product specified in this Agreement; NOWRHEREFORE the Parties have entered into this Agreement through friendly negotiation in accordance with the principles of reciprocity and mutual benefit, and agree as follows:

Ⅰ. Definitions

Unless otherwise agreed or prescribed hereunder, the following terms shall have the following meanings in this Agreement:

Party A: ACOPOWER Baiwang Technology Company Limited, together with its affiliates, which including but not limited to, SZ ACOPOWER Ronin Technology Company Limited, iFlight Technology Company Limited, HK ACOPOWER Ronin Technology Company Limited, ACOPOWER Europe B.V., etc.;

Party B: you, refers to the members who voluntarily join the ACOPOWER Affiliate Program, and agree to promote ACOPOWER product according to this Agreement;

ACOPOWER Affiliate Program: a membership organization that promote ACOPOWER products and obtain commissions according to this Agreement;

ACOPOWER Affiliate: refers to any member(s) of the ACOPOWER Affiliate Program that use(s) the ACOPOWER Affiliate Program’s services for promotion as well as any other affiliate(s) that recognize(s) and undertake(s) to observe these ACOPOWER Affiliate Program rules in any other way;

ACOPOWER Credit: is the virtual currency that can be used as currency in the official ACOPOWER online store and its basic unit is equal in value to $1 USD;

Product: refers to the equipment and the main components marketed in the online shopping center of ACOPOWER website;

Agreement: refers to this Agreement, including any annexes hereto and any other written document confirmed by the Parties related to the promotional relationship between the Parties;

Annexes: refers to the documents annexed to this Agreement which, together with the body herein contained, constitute a complete agreement.

Ⅱ. Rights and Obligations

(22)  Any content that infringes upon, or is prohibited by, law or administrative regulation; that advertises any illegal activity or infringes the legal rights of a third party.

4. Party B agrees and undertakes to carry out promotional activities in according with Party A’s requirements, and shall not adopt the following promotion methods:

(1)  promote in the form of spam messages in the forum/post comments area or any web page comments area, and/or by sending spam or text messages;

(2)  promote through the click to pay advertising;

(3)  promote through the search engine marketing channels which include but not limited to, Google, Yahoo, Bing, etc.;

(4)  promote through any “jump link”, of which refers to an intermediate website or web page directly jumps to the ACOPOWER official website, with no other click link;

(5)  promote through the methods of cash return, bundle with other products, ultra- low-cost resale or other disguised discounts forms.

5. The creative work produced by Party B outside Party A’s website is attributed to Party B and only Party B; such content shall not represent Party A in any way. If any picture(s), word(s), music, etc. infringe upon the intellectual property rights of any third party or cause any other loss, Party B shall bear and accept any and all resulting legal consequences.

6. If Party B adversely affects Party A, in any way, due to negligence or fault during the promotional activity, including, but not limited to, (1) damaging Party A's fame, image, or brand reputation, (2) inciting complaint(s) of infringement from any third party, (3) prompting a lawsuit by any third party, or (4) disseminating Party A’s confidential information, Party B shall render all reasonable compensation(s) payable to Party A.

7. Party B will achieve Commission on the condition that Party B promotes ACOPOWER Products in accordance with this Agreement.

1)  Basic Principles for Calculation of Commissions: Commission is calculated based on the actual price that customers pay for any ACOPOWER products (excluding shipping costs). Commission will be given based on this price only. If ACOPOWER entrusts a third party to provide service to the customer (e.g.: “delivery”, “home service”, etc), these service fees will not be considered part of the purchase price for the purposes of calculating any commission.

2)  How to earn Commission.：ACOPOWER Affiliate can obtain product links (hereinafter “Links”) through the ACOPOWER Affiliate Programs from ACOPower.com, and share them on Social Media. If customers click these Links to store.ACOPower.com and buy products via those referral Links, ACOPOWER Affiliate will receive commission according to the commission rate set by the ACOPOWER Affiliate Program. If customer does not close the browser or mobile app (just presses the “home” button on the phone) and logs onto the ACOPOWER online store via the same browser or mobile app within 30 days (counted from the first time they log on), ACOPOWER Affiliates may still receive ACOPOWER Credits as commission according to the commission rate set by ACOPOWER Affiliate Program.

3)  ACOPOWER Affiliates can check his/her ACOPOWER Credit record on the “My Account” page. ACOPOWER Credit cannot be redeemed for cash or transferred to other ACOPOWER Affiliate’s accounts. A ACOPOWER Affiliate can use ACOPOWER Credit to make a purchase on ACOPOWER online store by typing in the number of ACOPOWER Credits to be used at checkout. ACOPOWER Affiliates can choose other payment methods if ACOPOWER Credit is not sufficient to cover the entire purchase (Shipping fees cannot be covered by ACOPOWER Credits).

4）If customer visits ACOPOWER online store and buys qualifying products after opening Links sent by more than one ACOPOWER Affiliate, only the ACOPOWER Affiliate of the Link that the customer clicked most recently will receive commission.

5)  Settlement Date of Commission: The time when the commission is paid to the ACOPOWER Affiliate shall be as follows:

 A. ACOPOWER Affiliate will receive commission, in the form of ACOPOWER Credits, 15 days after the customer confirms receipt, assuming no refund is requested during this period.

B. If major incident or Force Majeure affects the date of commission payment, ACOPOWER has the right to change the date of payment and will inform ACOPOWER Affiliates in advance.

6)  For currency exchange, ACOPOWER will refer to the exchange rate of the month set by the People’s Bank of China or other related financial institutions. The exchange rate used by ACOPOWER will change on a regular basis. ACOPOWER may use the exchange rate directly without informing you. It may differ from the current exchange rate in the market.

7)  If Party B and/or the end user who purchase ACOPOWER Product through Party B’s promotion link chooses to use coupons other than educational coupons, Party B will not achieve the Commission agreed under this Agreement.

8)  Refund: If customer requests a refund and is been successfully refunded i) before the customer confirms receipt, or ii) within 15 days after the customer confirms receipt, ACOPOWER will deduct commission according to the claimed refund amount from the full payable commission before actually paying ACOPOWER Affiliate.

9)  Cheating: If the promotional behavior of a Party B goes against relevant regulations or is recognized as a violation of ACOPOWER policy at ACOPOWER’s judgment, ACOPOWER has the right to withdraw any commission which is obtained by Party B in that month and/or previously of which such behavior happens. If ACOPOWER has not awarded any commission to Party B, ACOPOWER retains the right not to make the payment. If Party B disagrees with the result, Party B shall provide evidence which includes but not limited to, the URL and website screenshots of the promotion link. Party A reserves the right to make final decision.

8. Product Price

1)  Party A may determine the Product's retail price at its discretion, and Party B shall promote the Product at the price offered in the online store of ACOPOWER's official website and/or other price separately

2)  As for the retail price offered above, Party A agrees that it shall be the same for all the ACOPOWER Affiliates;

3)  Party A may, at its own discretion, adjust the retail price of products relating to the promotion Links by notifying Party B in writing. Unless agreed to by Party A, in writing, the retail price promoted by Party B shall not violate Party A's general pricing policy;

4)  If Party B believes that the product's retail price is not reasonable, it may advise Party A in writing, and Party A shall determine whether to adjust the retail price within 3 days after receiving Party B's request.

Ⅲ. Intellectual Property Rights

1．Party B shall not register or apply for the registration of any name or domain name that contains ACOPOWER's brand (the name may include without limitation Party B's company name (full name or short name) and promotion channel name, etc., and domain name refers to the domain name of all the websites of Party B(including but not limited to the promotion channel)); in addition, the name and domain name of the Party B may not fall into the following circumstances:

(1)  Use any name or domain name that contains ACOPOWER or ACOPOWER's brand or may cause misunderstanding among consumers;

(2)  Use any name or domain name that intends to represent or imply that it has certain relationship with ACOPOWER and/or its management (e.g. shareholding/controlling relationship, joint venture/partnership, interpersonal relationship, agency, union or strategic cooperation relationship);

Main characteristics: e.g. adopt any domain name, name or their composition that relates to or is similar with ACOPOWER and/or its management;

e.g. solarACOPower.com, acosolar.com, ACOPowerenergy.com

(3)  Use any name or domain name that maliciously insults ACOPOWER or ACOPOWER website and/or its management;

(4)  Use any name or domain name that may easily give rise to disputes;

(5)  Use any name or domain name that may harm the rights and interests of customers, hurt the customers’ user experience, disrupt the ACOPOWER Affiliate Program's cooperation order, or cause any adverse effect to ACOPOWER or ACOPOWER's products or relevant brand, or give rise to unfair competition against ACOPOWER or infringe the legal rights and interests of ACOPOWER.

2. During the promotion activities, Party B shall not infringe upon the rights and/or interests of any third party; otherwise, Party B shall undertake all the responsibilities.

1) Term, Revision and Termination of this Agreement Party A may, at its own discretion, revise the rules (including commission rates) on the basis of the business development and announces it on the website of ACOPOWER Affiliate Program (affiliate.acopower.com, the same as below) or otherwise notify the Party B, and Party B shall review the revised rules in a timely manner. If Party B does not accept the revision, it must stop using the ACOPOWER Affiliate Program's services; in case Party B continues using the ACOPOWER Affiliate Program's services, it shall be deemed that the revised rules have been accepted.

2) If Party B has any suggestion on the revision of this Agreement, it shall notify Party A in writing for the Parties to negotiate.

3) During the valid period of this Agreement, if any Party fails to correct any of the following material breaches of this Agreement within 3 days, the other Party may notify breaching Party in writing to terminate the Agreement and demand compensation for relevant losses:

A. Make any false promise or provide any false information as regards the promotion relationship;

B. Party B breaches the agreement and promote the product with a disguised discount; or Party B conducts any illegal promotion in the opinion of Party A;

C. One Party delays in payment of any fee relevant to this Agreement.

Ⅴ. Miscellaneous

1. Confidential Information

1)  Party B shall try its best to protect the intellectual property rights of Party A, and may not decode, reverse engineer or copy any product of Party A or transfer Party A's product to any third Party; and Party B promises that it shall not decipher the products in any way;

2)  Before Party A's confidential information, including without limitation, trade secret, is legally disclosed, Party B may not leak any confidential information of Party A that is learned due to this Agreement or use such confidential information beyond the scope of this Agreement.

2. Validity of this Agreement

This Agreement shall be binding upon the Parties as soon as it is signed.

3. Dispute Resolution

1)  The interpretation, performance, and dispute resolution of this Agreement shall be governed by the law of the People's Republic of China.

2)  Any dispute arising from the performance of this Agreement shall be resolved by the Parties through friendly negotiation. Should such negotiation fail, either Party may file a lawsuit at applicable court of Nanshan District, Shenzhen City. Unless specifically prescribed in the binding judgment, both the court fee and the lawyer's fee shall be paid by the losing Party.

3)  During the dispute resolution, all the clauses that are irrelevant to the dispute shall remain in force.

4)  Party A reserves the right for interpretation of this Agreement.

 

Affiliate Registration