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- Dec 13, 2006
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Due to these terms:
Minimum Player Rule
6.4 NO COMMISSION IS DUE UNDER THIS AGREEMENT UNTIL THE AFFILIATE HAS INTRODUCED NO FEWER THAN 5 NEW DEPOSITING PLAYERS.
6.6 IF THE AFFILIATE FAILS TO REFER ANY NEW PLAYERS TO THE CUSTOMER IN ANY SIX-MONTH PERIOD THEN, IN ADDITION TO ITS RIGHTS UNDER CLAUSE 10, THE COMPANY RESERVES THE RIGHT AT ITS DISCRETION TO EITHER:
(A) REDUCE FUTURE COMMISSION TO 5% OF NET REVENUE (OR SUCH OTHER FIGURE AS THE COMPANY MAY FROM TIME TO TIME DECIDE) UNTIL FURTHER NEW PLAYERS ARE INTRODUCED; OR
(B) SUSPEND THE AFFILIATE'S ACCESS TO THE SOFTWARE AND FORFEIT FUTURE COMMISSION PAYMENTS, SUCH SUSPENSION AND FORFEITURE TO CONTINUE UNTIL THE COMPANY ELECTS OTHERWISE.
Opening Of Records/Books
3.5 During the term of this Contract and for a period of six years thereafter, the Affiliate shall allow the Company and its professional advisers on reasonable notice during normal working hours access to any of the Affiliate's premises, personnel, systems and records as may be required to enable the Company to comply with any lawful request by any regulatory body and verify that the obligations of the Affiliate are being and were performed in accordance with this Contract.
Minimum Player Rule
6.4 NO COMMISSION IS DUE UNDER THIS AGREEMENT UNTIL THE AFFILIATE HAS INTRODUCED NO FEWER THAN 5 NEW DEPOSITING PLAYERS.
6.6 IF THE AFFILIATE FAILS TO REFER ANY NEW PLAYERS TO THE CUSTOMER IN ANY SIX-MONTH PERIOD THEN, IN ADDITION TO ITS RIGHTS UNDER CLAUSE 10, THE COMPANY RESERVES THE RIGHT AT ITS DISCRETION TO EITHER:
(A) REDUCE FUTURE COMMISSION TO 5% OF NET REVENUE (OR SUCH OTHER FIGURE AS THE COMPANY MAY FROM TIME TO TIME DECIDE) UNTIL FURTHER NEW PLAYERS ARE INTRODUCED; OR
(B) SUSPEND THE AFFILIATE'S ACCESS TO THE SOFTWARE AND FORFEIT FUTURE COMMISSION PAYMENTS, SUCH SUSPENSION AND FORFEITURE TO CONTINUE UNTIL THE COMPANY ELECTS OTHERWISE.
Opening Of Records/Books
3.5 During the term of this Contract and for a period of six years thereafter, the Affiliate shall allow the Company and its professional advisers on reasonable notice during normal working hours access to any of the Affiliate's premises, personnel, systems and records as may be required to enable the Company to comply with any lawful request by any regulatory body and verify that the obligations of the Affiliate are being and were performed in accordance with this Contract.