Affiliate Program Terms and Conditions

Updated 15th September 2021

1. Introduction

Welcome to the BeamInnovate Affiliate Program. This Agreement ("Terms and Conditions") is made between BeamInnovate Private Limited ("Company," "we," or "us")—an Indian multinational corporation—and you, the Affiliate ("you" or "your"). By enrolling in our Affiliate Program, you agree to comply with and be bound by these Terms and Conditions. If you do not agree, please do not participate in our program.

2. Enrollment in the Affiliate Program

2.1 Application Process:

To join our Affiliate Program, you must complete and submit the registration form available on our website.

2.2 Acceptance:

We reserve the right to review and either accept or reject any Affiliate application at our sole discretion.

2.3 Eligibility:

You must provide accurate and complete information during registration. Any false or misleading information may result in termination of your participation.

3. Affiliate Obligations

3.1 Promotional Guidelines:

You agree to promote BeamInnovate’s products and services using only the approved marketing materials and links provided by us.

3.2 Compliance:

Your promotional activities must comply with all applicable laws, rules, and regulations. You must not engage in deceptive, misleading, or unethical marketing practices.

3.3 Brand Representation:

All usage of our trademarks, logos, or any other proprietary materials must be in accordance with our brand guidelines. Unauthorized modifications or misrepresentations are prohibited.

4. Commission, Payment, and Taxes

4.1 Commission Structure:

Detailed commission rates and any performance-based incentives are outlined in your Affiliate dashboard. We reserve the right to modify these rates with proper notice.

4.2 Payment Schedule:

Commissions are calculated on a monthly basis and will be paid out within [X] days after the end of each month, subject to meeting the minimum payout threshold.

4.3 Payment Method:

Payments will be made via bank transfer or other mutually agreed methods.

4.4 Tax Responsibility:

You are solely responsible for any taxes or fees arising from commissions received under this program.

5. Intellectual Property

5.1 License Grant:

BeamInnovate grants you a non-exclusive, non-transferable license to use our marketing materials solely for the purpose of promoting our products as an Affiliate.

5.2 Ownership:

All intellectual property rights, including trademarks, logos, and other content, remain the sole property of BeamInnovate. You must not modify or misuse any provided content.

6. Term and Termination

6.1 Term:

This Agreement becomes effective upon your acceptance into the Affiliate Program and will continue until terminated by either party.

6.2 Termination by You:

You may terminate your participation at any time by providing written notice.

6.3 Termination by the Company:

BeamInnovate may terminate this Agreement at any time, with or without cause, upon written notice.

6.4 Post-Termination:

Upon termination, you must immediately cease all use of our marketing materials and remove any links to our website. Commission payments for qualifying referrals generated prior to termination will be honored according to our payment schedule.

7. Disclaimers and Limitation of Liability

7.1 No Warranty:

The Affiliate Program is provided on an “as-is” and “as available” basis without any warranties, express or implied.

7.2 Limitation of Liability:

BeamInnovate shall not be liable for any indirect, incidental, special, or consequential damages arising out of or relating to your participation in the Affiliate Program.

8. Indemnification

You agree to indemnify, defend, and hold harmless BeamInnovate, its officers, directors, employees, and agents from and against any claims, damages, losses, liabilities, or expenses (including legal fees) arising from your breach of these Terms and Conditions or your promotional activities.

9. Governing Law and Dispute Resolution

9.1 Governing Law:

This Agreement shall be governed by and construed in accordance with the laws of India.

9.2 Dispute Resolution:

Any disputes arising under or in connection with this Agreement shall be resolved through arbitration or in the appropriate courts located in [City, India], as mutually agreed upon by the parties.

10. Modifications to the Agreement

BeamInnovate reserves the right to modify or amend these Terms and Conditions at any time. Any changes will be communicated to you, and your continued participation in the Affiliate Program constitutes acceptance of the updated terms.

11. Confidentiality

Both parties agree to keep confidential any proprietary information or trade secrets disclosed during the course of the Affiliate Program. This obligation remains in effect both during and after the termination of this Agreement.

12. Miscellaneous

12.1 Entire Agreement:

This document constitutes the entire agreement between you and BeamInnovate regarding your participation in the Affiliate Program and supersedes any prior agreements or understandings.

12.2 Severability:

If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions will continue in full force and effect.

12.3 No Waiver:

The failure of BeamInnovate to enforce any right or provision of this Agreement will not constitute a waiver of such right or provision.

By applying to or participating in the BeamInnovate Affiliate Program, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.