1. AGREEMENT

1.1. This document ("the Agreement"), describes the terms and conditions agreed between us, U.K.C. ENTERTAINMENT N.V. a company established under the laws of Curacao and having its registered address at Heelsumstraat 51, Curacao, (hereinafter referred to as "Betzorro Affiliates", "we", "us", "our" or "our") and you (hereinafter referred to as "you", "your", or "affiliate") are made to participate in our affiliate program and promote the betzorro.com website and our services.

1.2 Betzorro Affiliates reserves the right to update or modify this Agreement by notifying you via email 5 days before the changes are implemented and presented online on the site within the affiliate terms and conditions section. If you do not agree to the changes, you must terminate this Agreement in accordance with the terms of this Agreement. Details of any changes to the terms and conditions will be posted in clause 15 within this agreement available in an updated version at betzorro.com. If you continue to participate in our affiliate program also after changes to the agreement have been posted, this shall constitute binding acceptance of such changes on your part.

1.3. To join our affiliate program, you must agree to our terms and conditions and submit a completed online application form. Betzorro Affiliates determines in its sole discretion whether or not to accept your application for our affiliate program. Our decision is final and no appeal will be granted. Once we have made a decision regarding your application, we will notify you by email informing you whether or not you have been accepted as our affiliate. Upon successful application, you will be subject to these terms and conditions set forth in this agreement when marketing / promoting the Betzorro Affiliates website and services. Betzorro Affiliates will email you with further information upon acceptance of your application.  

2. DEFINITIONS

In this Agreement, unless the context otherwise requires.

2.1. "Confidential Information" means information about us that is not publicly known and that has been notified to you for any reason.

2.2. "Net Revenue Generated" means the net revenue generated in Betzorro by Members referred by you in a calendar month.

2.3. "Intellectual Property Rights" means all patents, trademarks, service marks, design rights (including semiconductor topography design rights and circuit design rights), regulatory, trade, commercial, trade or domain names, goodwill with respect to the foregoing, email address names, computer software rights (in source and purpose codes) and database rights (whether registered or unregistered, and including applications and rights to reference the foregoing), copyrights, invention and web format codes (including HTML and XML codes), technical information, trade secrets and other intellectual property rights existing or existing anywhere in the world, including the right to legal and statutory rights and the right to sue and claim damages for past infringements.

2.4. "Referred Members", are those members who do not have a previous account on our Betzorro Affiliates site. They access and enter our Betzorro Affiliates site through links through your web site, then open an account on our Betzorro Affiliates site.

2.5. "Revenue Sharing" Refers to the percentage you will earn on the net revenue generated by your referrals.

2.6. "Your Website" means the website you provide to us on the Affiliate Registration Form.

3. LINKING

3.1. The links that Betzorro provides to you must be used and placed by you in accordance with the agreements we have between us. The way the links work, their structure and the places where they are placed must not be changed without Betzorro's permission.

3.2. Your website must not contain links that attract children under the age of 18.

3.3. You must obtain permission from Betzorro to use links provided to you on any site other than the site you completed on the registration form.

3.4. If we discover that the links provided to you are used outside the terms and conditions of this agreement, we have the right to terminate the agreement immediately and without informing you by invalidating your use of the links. See (13.2)

4. PROFIT PERCENTAGE AND PERCENTAGES OF NET PROFIT CALCULATIONS

4.1.1. The profit margin is calculated according to the following template:

Net Income

Min             Max               Commission

0                 3000 USD    20% 

3001 USD   6000 USD    25% 

6001 USD  12000 USD    30% 

12001 USD                        35% 

4.1.2. The revenue sharing model specified in clause 4.1.1. is always valid for sports and casino betting only.

4.2. The net revenue generated is calculated for each Betzorro product according to the following rules:

(a) With respect to sports betting, net revenues generated, credits given to new customers, bonus or promotion amounts, operating percentage, transaction amounts, refunds or uncollectible revenues related to new customers are deducted after the calculation of the betting revenues provided by new customers and received by us;

b) in respect of casino and games, the net revenue generated, the total gross wagering of your members less total payouts (as determined by Our website), credits, bonuses or promotional amounts for New Customers, transaction amounts, operating percentage, refunds or New Customers will have the total net wagering after deducting any uncollectible revenue relating to new customers.

We reserve the right to change the method of calculating revenue share and the percentage share of net revenue created, as set forth in Section 1.2.

5. PROHIBITED TRANSACTIONS

5.1. You may not offer additional rewards to your new members in any way without Betzorro's permission. If Betzorro discovers that you do not follow this rule, your contract will be cancelled immediately and you will not be paid your winnings (See: 13.2).

5.2. You or any of your relatives (spouse, parent, sibling, child) may not share the earnings from your own account or directly from your relatives' accounts, under any circumstances.

5.3. It is forbidden to change the links of the Betzorro site, its interactive features, any linked features on your site, transfer it to another location or delete its activity.

5.4. It is forbidden to increase the amount Betzorro pays to you by artificially interfering from the outside.

6. BETZORRO'S OBLIGATIONS

6.1. Betzorro is obligated to provide you with links to be posted on your site and to make changes from time to time.

6.2. Betzorro will determine that the member you recommend, according to the technology in its possession, has registered through your link and that it comes from your site. However, if the above situation is not met, Betzorro is not liable to you for the appointment of a new member.

7. PAYMENTS

7.1. Your Affiliate payment will be deposited directly into the bank account that you have remitted to Betzorro.

7.2. Payment is made on the 15th day of each calendar month.

7.3. The minimum payment amount has been set at 50 USD. If your affiliate commission does not exceed 50 USD, Betzorro will keep this amount, including the amount you have withheld, until the first day of the calendar month in which the amount is maintained. To avoid confusion, your affiliate commission will only be paid if it exceeds 50 USD in total.

7.4. We offer a negative transportation policy.

7.5. To receive Betzorro Affiliate commission, you must have at least 5 new active members. According to clause 7.6, 1 payment is made for each calendar month. This payment will be made according to the fact that you have 5 new active members in the calculated month.

7.6. You can receive your affiliate commissions as long as you actively promote our site. If there is a decrease in the number of new members, our site reserves the right to reduce your commission rate. If you reduce the promotion of our site or stop it for a short time, this will ensure that the agreement is terminated.

8. INTELLECTUAL PROPERTY RIGHTS

8.1. Betzorro grants you the worldwide right to use the Betzorro brand on its site and links, in accordance with this agreement and having regard to the ethical rules which it will state from time to time, and reserves the right to be exclusive to you. Intellectual property rights arising from your links or all Betzorro betting products, connected systems and Betzorro software related online services offered to members will remain under the control of Betzorro from time to time. You are not entitled to make changes or adjustments to the information and explanation on Betzorro without Betzorro's consent.

8.2. You agree that your site shall not look like or resemble in any way the Betzorro site or be deemed to be the Betzorro site.

9. WARRANTIES

9.1. This Agreement retains the representation and other warranties of both parties and all right, title and authority to grant and enforce the right and license granted in this Agreement to the other party to enter into this Agreement and all of its obligations under this Agreement for the term.

9.2. By this Agreement, you agree that you warrant all of your obligations, rights and approvals that you have waived in accordance with the terms of the Agreement.

10. DISCLAIMER OF LIABILITY

10.1 We represent that we cannot guarantee that the Betzorro site will operate uninterrupted and error-free, and we will not be liable for any interruptions or errors that may occur.

11. INDEMNIFICATION

11.1 You (the "Indemnitor") in this Agreement shall have any liability which, upon request, renders Betzorro, its affiliates, affiliates, officers, directors, employees, agents and shareholders liable for any claim for loss ("Indemnity Party"). You agree that we shall not be liable for any claims, damages, costs, expenses (limited to consequential losses and lost profits, reasonable legal costs and excluding VAT) and liabilities, directly or indirectly, for any damages incurred or to be incurred.

12. LIABILITY

12.1. Betzorro accepts no liability for the matters expressed in any way. These are not limited to losses that will occur in its revenues, amount of profits, other agreements, business or expected investments, but also count these and similar situations direct or related to the date of this agreement.

12.2. In no event shall Betzorro's liability exceed the sum of the commissions paid by Betzorro up to 1 month before the liability arises.

13. RULES

13.1. This agreement commences with the date on which you are notified by e-mail that your application has been accepted (numeral 1). This agreement shall continue thereafter and shall be terminated upon 30 days written notice by either party.

13.2. If you act contrary to the terms of the agreement, Betzorro will immediately terminate this agreement and will not pay you, and you will be notified by email in writing.

13.3. If any member who has suggested does not take action for 12 months, this member will be removed from membership. In the event that this member generates a subsequent income, he/she will not be paid.

13.4. Betzorro reserves the right to unilaterally cancel the agreement and block or freeze your account in cases where you are inactive and have not brought new registered players and/or depositors in more than 6 months.

14. GENERAL

14.1. This agreement constitutes the entire agreement and supersedes all prior agreements between the parties. Nothing in this article creates a limitation and liability for fraud.

14.2. If this agreement or any part of it is held invalid or unenforceable by any court or legal body, it shall not affect this agreement or any other part of it.

14.3. Any notice to be given under this agreement must be made directly to the email address [email protected] If Betzorro informs you, it will use the email address you completed on the registration form.

14.4. This agreement does not create a partnership between the parties nor does it give the other party the right to act on behalf of Betzorro.

14.5. Neither party may provide information about this agreement to a third party without the written consent of the other party.

14.6. The validity, creation and implementation of this agreement (any liability, dispute and execution, directly or in connection) shall be decided in accordance with the laws of the Netherlands Antilles. The parties are bound to the courts of the Netherlands Antilles.

14.7. The English version shall always be used as the version to be taken into account for decision making in the event of any dispute regarding the language used in this Agreement.

This Agreement has remained unchanged since 01.01.2019.