COMMISSION FOR TRANSACTIONS GENERATED FROM THE ELOYZA WEBSITE
ELOYZA shall pay the Affiliate a Commission on Successful Sales.
The Commission rate is 7% and may be amended by ELOYZA from time to time.
The Commission is calculated from the net shopping basket value corresponding to the amount that the Customer pays for a Product minus shipping fee (excluding shipping charges), where charged separately (the "Net Shopping Value").
The payout to the Affiliate equals the Net Shopping Value multiplied by the Commission rate appicable to the Product.
Chargeback : Sales which are not eligible for a Commission including, but not limited to fraudulent & invalid transactions (including transactions identified manually or by way of automated fraudulent order check tools); cancelled transactions and returned orders.
The Affiliate can log into the Affiliate Platform to view accumulated Commissions. In the event of any discrepancy of data between the platforms of ELOYZA and the Affiliate, the data provided by ELOYZA shall be deemed correct. Under no circumstances will data from the Affiliate’s system be used to measure payable amount.
ELOYZA will issue monthly commission statement for all sales in the previous month for total Commission amounts exceeding payouts of One Hundred Ringgit Malaysia (MYR100). Where the amounts fall below One Hundred Ringgit Malaysia (MYR100), monthly Commission will accrue on a cumulative basis until the threshold is reached.
The Affiliate will be paid within seven (7) days from the commission statement.
All payment made from ELOYZA to the Affiliate will be in the form of direct bank transfer to the bank account identified by the Affiliate on the Signup Form. ELOYZA shall bear reasonable payment processing fees.
The Affiliate shall be responsible for payment of all taxes on its own income. If the payment is subject to withholding taxes, ELOYZA shall deduct such taxes from the payment, pay the Affiliate the net amount and concurrently provide the Affiliate with a certificate or any equivalent document of withholding tax.
ORGANISATION AND INDEPENDENCE OF THE AFFILIATE
Eloyza and the Affiliate are independent contractors, and nothing in this agreement will create any partnership, joint venture, agency, franchise, sales representative relationship or exclusivity between the Parties. The Agreement will not cause the establishment of any relationship of employment between the Parties or with any person who provides services to either. The Affiliate will have no authority to make or accept any offers or representations on behalf of ELOYZA.
The Affiliate shall not subcontract any of its rights or obligations under this agreement without prior written consent of ELOYZA.
LIABILITY OF ELOYZA
The total liability of Lazada under this Agreement shall not exceed the total of the Commissions paid to the Affiliate under this Agreement in the six months immediately prior to the event giving rise to the most recent claim of liability.
No further liability on the part of ELOYZA shall exist.
The aforementioned limitation of liability shall also apply to the personal liability of ELOYZA employees, representatives and executive bodies