SocialMedia: Network Participation Agreement
This Network Participation Agreement (this Agreement) is made and entered into as
of the date for which this Agreement has been electronically accepted (the Effective Date), by and between
SocialMedia Networks, Inc., a Delaware corporation, having its principal place
of business at 542 Emerson Street, Palo Alto, CA 94301 (SocialMedia), and the User that represents their company (You) by electronically accepting this
Agreement to use SocialMedias services.
Background
A.
SocialMedia
has developed and maintains a network of registered advertisers and publishers,
and related technology and software to direct customized advertisements and
links from advertisers (Advertisers)
to the websites of selected participating publishers (Publishers) (collectively, the SocialMedia Network or the Network).
B.
You
desire to participate in the SocialMedia Network as an Advertiser and/or a
Publisher, in order to sell ad inventory and/or display ad content, subject to
and in accordance with the terms and conditions of this Agreement.
C.
You
understand that access to, use of or participation in the Network is expressly
conditioned on compliance with the terms and conditions of this Agreement; if
You do not agree to be bound by the terms and conditions of this Agreement, You
may not access, use or participate in the SocialMedia Network.
NOW, THEREFORE, in consideration of the terms
and conditions contained herein and other good and valuable consideration, the
receipt and sufficiency of which is hereby acknowledged, the parties agree as
follows:
1.
Network. The
SocialMedia Network allows Advertisers to display content, including written content,
images, graphics, URLs and other materials (the Ads) on the
websites of selected Publishers. The Network is used to manage the delivery of
an Ad (an Ad Campaign) to the
websites of participating Publishers (Publisher
Websites).
2.
Acceptance of Terms. PLEASE READ THIS
AGREEMENT CAREFULLY. Your access to, use of and participation in the Network
are expressly conditioned on Your compliance with this Agreement. By registering
with SocialMedia, clicking I Agree or otherwise accessing, using or
participating in the SocialMedia Network, You hereby represent to SocialMedia
that (i) You are at least eighteen (18) years of age or otherwise capable of
entering into and performing legal agreements and agree to follow and be bound
by this Agreement and the SocialMedia Privacy Policy (located at www.socialmedia.com/privacy),
which is incorporated herein by reference. If You register on behalf of a
business You represent that You have the authority to bind that business, and
Your acceptance of this Agreement will be treated as acceptance by that
business. In such event, You and Your will refer to that business in
this Agreement. If You register as an agent on behalf of an Advertiser, You
represent that You have the authority to bind that Advertiser, and Your
acceptance of this Agreement will be treated as acceptance by that Advertiser.
In such event, You and Your will refer to that Advertiser in
this Agreement. If You do not agree to be bound by the terms and conditions of
this Agreement, do not access, use or participate in the SocialMedia Network.
3.
Modifications &
Notifications
3.1.
Modification of the
SocialMedia Network.
SocialMedia reserves the right to improve, modify, remove, suspend or
discontinue, temporarily or permanently, in whole or in part, any information,
content, services, products or features appearing on and/or offered through the
SocialMedia Network and the SocialMedia Network website (the Network Site or Site) at any time in SocialMedias sole discretion without notice
and without liability. SocialMedia is under no obligation to remove any content
and we do so at our sole discretion. SocialMedia may discontinue or revise any
or all aspects of and/or offered through the SocialMedia Network in our sole
discretion and without prior notice.
3.2.
Modification of
Agreement.
SocialMedia may revise the terms and conditions of this Agreement (including
the SocialMedia Privacy Policy) at any time with notice to You. Revisions will
be deemed effective upon notice to Your registered Account (as defined below)
or by posting a message to the Site, and is deemed received when sent (for
email) or no more than fifteen (15) days after having been posted (for messages
to Your Account or on the Site). By continuing to access, use or participate in
the SocialMedia Network after we have provided notice of any such revisions to
You, You agree to be bound by the revised Agreement. If any revision is not
acceptable to You, Your only recourse is to cease accessing, using or
participating in the SocialMedia Network. Each time You access, use or
participate in the SocialMedia Network, You reaffirm Your acceptance of the
then-current Agreement.
3.3.
Acceptance. You agree that
SocialMedia shall not be liable to You or to any third party for any
modification, suspension or discontinuance of this Agreement, the SocialMedia
Network or any SocialMedia Advertising Guidelines. By continuing to participate
in the SocialMedia Network after SocialMedia has posted any such modifications
or provided any required notices, You agree to be bound by the modifications.
If any modification is not acceptable to You, Your only recourse is to cease
Participation.
4.
Registration and
Password.
To participate as an Advertiser and/or a Publisher in the SocialMedia Network,
You must first register with SocialMedia and create a unique,
password-protected account (Your Account).
You will be responsible for safeguarding and maintaining the confidentiality of
Your Account password. You also take full and sole responsibility for any
actions under Your password or Account, whether authorized by You or not. Your
registration information and certain other information about You will be used
by SocialMedia in accordance with the SocialMedia Privacy Policy located at
http://socialmedia.com/privacy/. You will immediately notify SocialMedia of any
unauthorized use of Your username or password. You are responsible for keeping
Your Account information current, complete and accurate, and You acknowledge
and agree that SocialMedia will have no responsibility or liability, directly
or indirectly, for failure to deliver notices or payments that result from
inaccurate Account information.
5.
Advertiser
Obligations.
5.1.
Ad Campaigns. If You participate in
the Network as an Advertiser, You may begin creating Ads and Ad Campaigns as
soon as You register with SocialMedia and set up Your Account. You will setup
and select the activities and metrics relating to an Ad that will trigger a
payment by You to SocialMedia (e.g., delivery of an impression or click) (an Action). You will provide Your Ads to
SocialMedia in accordance to SocialMedia Advertising Guidelines, available at
http://socialmedia.com/adguidelines.
5.2.
Responsibility. SocialMedia disclaims
all liability relating to Your Ads and Ad Campaigns. You are solely responsible
for Your Ads and Ad Campaigns, any services and products You offer through Your
Ads and Ad Campaigns and any websites that can be linked to from Your Ads and
Ad Campaigns. You may cancel or suspend an Ad or Ad Campaign, effective within
approximately fifteen (15) minutes of SocialMedias receipt of Your
cancellation notice, by logging into your Account and pausing your Ads.
SocialMedia may, in its discretion, reject or remove, or suspend (such as in
the event Your Ad Campaign spending limit has been reached), any of Your Ads at
any time.
5.3.
Prohibitions. You represent and
warrant that: (i) You are the owner or are licensed to use the contents and
subject matter contained in Your Ads and Ad Campaigns; (ii) Your Ads and Ad
Campaigns are free of any "worm", "virus" or other device
that could impair or injure any person or entity; (iii) Your Ads and Ad
Campaigns do not violate any law or regulation, including but not limited to
laws governing false or deceptive advertising, sweepstakes, comparative
advertising, or trade disparagement; (iv) Your Ads and Ad Campaigns do not: (a)
contain any misrepresentations or content that is defamatory; (b) violate any
rights of privacy or publicity; (c) contain content that is violent, obscene,
offensive, including content that contains nudity or implied nudity or content
that is morally or ethically offensive or sexually suggestive; or (d) promote
or support gambling or sweepstakes or contests; (v) You are generally familiar
with the nature of the Internet and You will comply with all laws and
regulations that may apply to display of the Ads and Ad Campaigns on Publisher
Websites, including privacy laws; (vi) the Ads and Ad Campaigns do
not and will not infringe any intellectual property or proprietary right of any
third party; and (vii) You will not nor will You authorize third parties to:
(a) generate fraudulent, automated or otherwise-invalid Actions relating to
Your Ads and Ad Campaigns; (b) use robots, other automated-query tools,
computer-generated search requests and/or any other similar
results-optimization methods unless authorized by SocialMedia; or (c) advertise
anything illegal or engage in any illegal or fraudulent business practice in
any state or country where Your Ad and Ad Campaigns are displayed.
6.
Publisher
Obligations.
6.1.
Publisher Websites. If You participate in
the Network as a Publisher, and subject to Your compliance with the terms and
conditions of this Agreement, SocialMedia will deliver Ads to Your specified
Publisher Websites. SocialMedia will provide Publishers with instructions for
implementation of any software, technical specifications or guidelines for
delivery of the Ads, which instructions form part of this Agreement and are
incorporated herein by reference. If You participate in the Network, You agree
to comply with the technical specifications provided by SocialMedia to enable
proper display of the Ads in connection with the Network, including without
limitation by not modifying the HTML, JavaScript or other programming provided
to You by SocialMedia in any way. SocialMedia and/or the Advertisers will own
content and creative for the Ads, and You will display the Ads as they are
provided by SocialMedia without modification.
6.2.
Representations. By participating in
the Network, You represent that You are the owner/publisheror the authorized
agent of the owner/publisherof Your Publisher Websites and that the
information related to Your Publisher Websites is true and accurate.
6.3.
Publisher Website Ad
Codes.
SocialMedia will provide You access to the SocialMedia Network Site, where You
can access and update Your account information and view available ad sizes and
formats. From the publisher section of the SocialMedia Network Site, You can
also download the SocialMedia provided browser compatible code (e.g. HTML
and/or JavaScript) that You will place in designated locations within Your
Publisher Website to enable SocialMedia to serve Ads to those locations (Ad Codes). You will place the Ad Codes
only on user-accessible pages within Your Publisher Website displayed within a
user-invoked browser. You will only place the Ad Codes in locations that will
display the complete Ad in the size and format specified by SocialMedia for
each Ad Code. You will not make any changes to the Ad Codes without
SocialMedias prior written consent. Other than as specified above, You will
not install Ad Codes in any location such as in e-mail messages, pop-unders, or
other similar locations. SocialMedia may replace or request you to remove the
Ad Codes provided to You at any time. SocialMedia and/or the Advertisers will
own content and creative for the Ads, and You will display the Ads as they are
provided by SocialMedia without modification. All personal information You provide
to SocialMedia and Your access to the SocialMedia Network Site will be used by
SocialMedia in accordance with the SocialMedia Privacy Policy,
http://socialmedia.com/privacy, which is incorporated herein by reference.
6.4.
Publisher Website
Procedure.
The SocialMedia Network Site will be the official site for any communications
regarding Ads, SocialMedia Advertising Guidelines, and this Agreement. You will
direct any communications about Ads to SocialMedia and not to the Advertisers.
No other communications from Advertisers or other third parties will be binding
on SocialMedia or will otherwise affect this Agreement. You will not engage in
any of the following prohibited activities: (i) the promotion or conduct of any
illegal or fraudulent activity through Your Publisher Website; (ii) the display
of obscene, pornographic, offensive, violent, defamatory, illegal or misleading
content on Your Publisher Website; (iii) the use of invisible, fraudulent,
automated or otherwise invalid methods to generate impressions, clicks, or
transactions that are not initiated by the affirmative action of the end-user;
(iv) the disruption, interception, or redirection of any links from the Ads
displayed on Your Publisher Website, (v) the sending or causing to be sent
unsolicited emails, and (vi) providing or permitting any incentive based
promotion in connection with an Ad, unless specifically authorized by an
Advertiser.
7.
Privacy: User Data
Collection & Use
7.1.
Data Collection and
Sharing.
SocialMedia and Advertisers will collect, use and share general, non-personally
identifiable data (including without limitation user IP addresses and browser
types, referring pages, user interaction information, profile information
disclosed by the user and Ad identification information) in connection with Ads
displayed on Publisher Websites (the General
Data). In addition, SocialMedia and Advertisers may access, use and share
user profile information collected or received by Publisher Websites displaying
an Ad (including without limitation user profile, user picture, likeness or
image, age, gender, income, geo-location of user, other application- and
platform-specific information and contextual information regarding Your
Publisher Website displaying the Ad) (the Profile
Data).
7.2.
Publisher Websites.
(a)
General Data. As a Publisher, You
will permit and enable the placement of SocialMedia ad tags and cookies on Your
Publisher Websites, subject to the user opt-out provisions described in Section
[7.2(e)] below and a users ability to prevent the use of cookies through
browser settings. You agree and acknowledge that SocialMedia and Advertisers
may collect, use and share General Data from Your Publisher Websites.
(b)
Targeted Data. In addition, in order
to more effectively display targeted Ads on Your Publisher Websites, You agree
to permit and enable SocialMedia, to the extent collected or received by You
and to the extent permitted by the terms of Your Publisher Websites, to access
Profile Data collected or received by Your Publisher Websites displaying an Ad.
(c)
Collection of
Information by Advertisers. As a Publisher, You acknowledge that Ad content may
include features or functionality (e.g., interactive games) from Advertisers or
their agencies that monitor a user's usage, redirect a user to an Advertiser
landing page or request users to submit information.
(d)
Data Use. You agree and
acknowledge, and represent and warrant that you have the rights and permissions
necessary, that SocialMedia may collect and use General Data and Profile Data
as set forth in the SocialMedia Privacy Policy located at
http://socialmedia.com/privacy/, including but not limited to: (a) tracking
impressions and controlling the number of times a user views an Ad, and
monitoring Ad interactions and the effectiveness of Ads; (b) improving, enhancing
and implementing Ad targeting, performance management, forecasting abilities,
creative optimization and monetizing technologies by SocialMedia and
Advertiser; (c) targeting Ad Campaigns and general advertising on the Publisher
Websites; and (d) using the users picture and first name in the Ad being
displayed. Furthermore, You hereby grant, and You represent and warrant that
You have the rights and permissions necessary to grant, to SocialMedia an
irrevocable, perpetual, non-exclusive, transferable and sublicensable, fully
paid, worldwide license (with the right to sublicense) to use, copy, publicly
perform, publicly display, reformat, translate, excerpt (in whole or in part)
and distribute any General Data and Profile Data for any purpose, commercial, advertising
or otherwise, on or in connection with the Ads as displayed by Publishers in
the SocialMedia Network.
(e)
User Opt-Out
Procedures. Users
may choose to opt out of SocialMedias use of their General Data and Profile
Data by visiting http://socialmedia.com/privacy/ and opting out of
SocialMedias collection and use of such data. To the extent that anonymous
user IDs are used to indicate users who have elected to opt out, Publisher
acknowledges that the use of cookies, or other methods developed in the future,
for this purpose are not infallible and SocialMedia and Advertisers will not be
liable if a users browser blocks installation of such a cookie, if a user
intentionally or unintentionally blocks or removes the opt out cookie, or
otherwise interferes with SocialMedias and Advertisers ability to honor the
users choice to opt out.
7.3.
Privacy Policies. The collection, use
and sharing of General Data and Profile Data will comply with all applicable
laws and with the parties applicable privacy policies and website or
application terms of service. You agree You will inform SocialMedia immediately
of any changes You make to your Privacy Policy that modify or restrict
SocialMedias right to collect, use and disclose General Data and Profile Data
as contemplated by this Agreement.
(a)
SocialMedia Privacy
Policy.
SocialMedias collection, use and disclosure of General Data and Profile Data
will be in accordance with the SocialMedia Privacy Policy located at
http://socialmedia.com/privacy/.
(b)
Advertiser Privacy
Policy.
During the term of this Agreement, You agree You will make such reasonable
changes to Your privacy policies or other applicable policies (e.g., cookie or
beacon policies) or terms of service as are required, as applicable, (i) to
accurately and clearly describe the collection, use and disclosure of General
Data and Profile Data as described in this Agreement; and (ii) to ensure such.
In addition, You will include language in Your applicable privacy policies that
will, among other things, (a) inform users of the collection of General Data
by, and the transmission of Profile Data to, You as contemplated by this
Agreement, (b) explain how such General Data and Profile Data are used, and (c)
inform users regarding the use of cookies and/or tracking technology.
(c)
Publisher Privacy
Policy.
During the term of this Agreement, You agree You will make such reasonable
changes to Your privacy policies or other applicable policies (e.g., cookie or
beacon policies) or terms of service as are required, as applicable, (i) to
enable the collection of General Data and the disclosure and use of Profile
Data as described in this Agreement; and (ii) to permit the collection, use and
disclosure of General Data and Profile Data as described in this Agreement. In
addition, You will include language in Your applicable privacy policies that
will, among other things, (a) inform users of the collection of General Data
by, and the transmission of Profile Data to, SocialMedia and Advertisers (or
generally to third parties) as contemplated by this Agreement, (b) explain how
such General Data and Profile Data are used, and (c) inform users regarding the
use of cookies and/or tracking technology.
8.
Intellectual Property
Rights
8.1.
User Content License
& Representations. You are solely responsible for any photos, profiles
(including name, image and likeness), messages, notes, text, information,
music, video, advertisements, listings and other content that You upload,
publish, display or provide on or through an Ad, or transmit or provide during
Your participation in the SocialMedia Network (collectively, "User Content"). You may not post,
transmit or share User Content in or through the SocialMedia Network that You
do not own or that You do not have permission to use. Furthermore, by providing
Ads You automatically grant, and You represent and warrant that You have the
right to grant, to SocialMedia an irrevocable, perpetual, non-exclusive,
transferable, fully paid, worldwide license (with the right to sublicense) to
use, copy, publicly perform, publicly display, reformat, translate, excerpt (in
whole or in part) and distribute any User Content for any purpose, commercial,
advertising or otherwise, on or in connection with the Ads as displayed by
Publishers using the SocialMedia Network.
8.2.
Advertiser Licenses. If You participate
as an Advertiser, You hereby grant SocialMedia, in order to allow SocialMedia
to serve Your Ads on the Publisher Websites, an unlimited, non-exclusive, fully
transferable and sublicensable, worldwide, royalty-free, fully paid right and
license to use, reproduce, modify, create derivative works from, distribute,
perform, transmit and display the Ads, including in multiple, different size
layouts, and to commercially monetize and exploit the same solely for the
purposes of the Network, as set forth herein.
8.3.
Publisher Licenses. If You participate
as a Publisher, SocialMedia and the Advertisers grant You a non-exclusive
license during the term of this Agreement to display the Ads on Your Publisher
Website in the form provided by SocialMedia, in accordance with the terms and
conditions of this Agreement. You will not copy, modify, create derivative
works of, distribute, or otherwise provide or re-syndicate the Ads. You grant
SocialMedia a non-exclusive license during the term of this Agreement to use,
copy, display, distribute, and disclose Your name, logo, and account
information on the SocialMedia Site and in SocialMedia marketing materials. You
also grant SocialMedia a non-exclusive license during the term of this
Agreement to index and cache Your Publisher Website and any portion thereof, by
manual or automated means (including with Web spiders and crawlers), for
purposes of promoting the SocialMedia Network, soliciting other publishers and
advertisers to participate in the Network, and directing advertisements to Your
Publisher Website.
8.4.
Publisher Data
Ownership.
As between SocialMedia and Publisher, Publisher owns all Profile Data of its
Publisher Website users.
8.5.
Reserved Rights. Except as expressly
permitted in this Agreement, You will not earn or acquire any rights or
licenses in the SocialMedia Network. You acknowledge and agree that SocialMedia
and its licensors own all right, title, and interest in and to the SocialMedia
Network, including all intellectual property rights therein. The SocialMedia
Network is protected by copyright, trademark and other laws of both the United
States and foreign countries. Except as expressly permitted in this Agreement,
You may not reproduce, modify or prepare derivative works based upon,
distribute, sell, transfer, publicly display, publicly perform, transmit or
otherwise use the SocialMedia Network.
9.
PAYMENTS
9.1.
Advertiser Payment. Calculation of the
fees You owe SocialMedia under this Agreement (Fees) is dependent on how You bid for Your Ads via the SocialMedia
Site when You create Ads and Ad Campaigns. SocialMedia will either charge Your
credit card or deduct the Fees from a SocialMedia payment account that You have
established with a SocialMedia third-party payment processor (e.g., PayPal).
SocialMedia may elect to accumulate multiple charges and invoice or charge You
when Your unpaid Fees total a threshold amount. If You decide to cap Your
expenditure for an Ad Campaign, SocialMedia will use commercially reasonable
efforts to end such campaign when the cap has been reached; however, any Fees
that exceed the cap are Your sole responsibility. Fees will exclude all
applicable taxes. Fees are based only on SocialMedias measurements of Actions,
and SocialMedia does not reconcile Action data with third-party advertisement
servers. If SocialMedia becomes aware of fraudulent actions, relating to an Ad
Campaign, it may reverse certain amounts charged to You. For the purposes of
checking credit, effecting payment and/or servicing Your account, SocialMedia
may share with companies who work on its behalf, such as payment processors
and/or credit agencies, any credit-card and related payment information that
You provide.
9.2.
Publisher Payment.
(a)
Calculation of
Payment. As
a Publisher, You will be able to generate revenue through valid, end user
Actions relating to Ads displayed on Your Publisher Websites. SocialMedia will
pay Publishers a CPM percentage revenue payment based on the revenue received
from Advertisers for Ads displayed on Your Publisher Website, less any refunds
or credits due to the Advertisers, merchant card fees, ad-serving fees,
campaign referral fees, unpaid advertiser fees and other related expenses.
Payments earned as a result of valid Actions will accrue and be posted to Your
Account. You will be able to view an estimate of CPM payments earned under this
Agreement in Your Account. Amounts due to You will be determined solely by
SocialMedia based on dataregarding impressions, clicks, transactions,
conversions and other applicable metricscollected by SocialMedia. SocialMedia
has no obligation to pay any amounts determined by SocialMedia to have resulted
from fraudulent, misleading or false activities or from any breach of this
Agreement. If You dispute SocialMedias calculation with respect to amounts
owed to You, SocialMedia will use reasonable efforts to resolve that dispute in
good faith, but SocialMedias resolution will be final.
(b)
Timing of Payment. Because
SocialMedia doesnt want You to have to waituntil the Advertisers pay
SocialMediabefore receiving Your payment, SocialMedia will pay You sixty-five
percent (65%) of the amount it expects to receive from Advertisers within
thirty (30) days after the last day of the month in which Ads were served. If,
for whatever reason, the Advertisers fail to pay SocialMedia then SocialMedia,
at its discretion, may deduct from Your paymentin the current pay period or in
future pay periodsamounts owed to SocialMedia by Advertisers for Ads displayed
on Your Publisher Website. If payments due to You in any month are less than
twenty dollars ($20), SocialMedia will credit amounts due to Your account and
pay them in the next month in which cumulative amounts due are at least twenty
dollars. All payments will be made in U.S. Dollars.
(c)
Account Transfer
Terms.
Generally, accrued payments will be available for withdrawal or transfer from
Your Account thirty (30) days after the end of the calendar month in which they
accrued or within thirty (30) days of the end of the month in which applicable
revenue is received by SocialMedia from Advertisers. All payments will be made
in U.S. Dollars. If payments due to You in any month are less than twenty
dollars ($20), SocialMedia will credit these amounts due to Your Account but
only permit You to withdraw or transfer them in the next month in which
cumulative amounts due are at least twenty dollars ($20). You will not be
entitled to receive interest on any Account payments.
(d)
Taxes & Required
Documentation.
You are responsible for calculating and paying all taxes owed on all
compensation or amounts received by You from us. If any governmental entity
determines that we are responsible for paying taxes on Your behalf, any further
compensation will be net of taxes and You will promptly refund to us the
amount(s) which we were required to pay on Your behalf. If You are an
individual or non-corporate entity, You must complete and submit to us an IRS
Form W-9 (if You are a US citizen) or an IRS Form W-8ECI or W-8BEN (as
applicable, if You are a non-US Citizen) in order for us to pay You and to prevent
backup withholding on payments.
9.3.
Prohibited Actions. You will not, nor
permit others to, use robots, spiders, or other means of creating any
artificial or fraudulent impressions of the Ads. You will not, nor permit
others to, disrupt, intercept or redirect any links from Ads displayed on
Publisher Websites. SocialMedia will have no obligation to pay any amounts
determined by SocialMedia to have resulted from fraudulent, misleading or false
activities or from any breach of this Agreement.
9.4.
Payment Terms. SocialMedia may
modify its payment terms at any time, upon thirty (30) days prior notice of
any such change (unless SocialMedia is required by law to provide more than
thirty (30) days notice). All modified payment terms shall be effective thirty
(30) days after notice has been provided to You by SocialMedia (or such other
time period specified in such notice). If any such modified payment terms are
not acceptable to You, Your only recourse is to cease participation. By
continuing to participate following notice of any modified payment terms as set
forth herein, You accept and agree to be bound by such modified payment terms.
For the purposes of checking credit, effecting payment and/or servicing Your
Account, SocialMedia may share with third parties, such as payment processors
and/or credit agencies, any credit card and related payment information that
You provide.
10.
Term and Termination.
10.1.
By Advertisers. You may terminate
this Agreement by disabling Your Account. As an Advertiser, You may terminate any
Ad Campaign at any time by following instructions set forth in Your advertising
Account at http://socialmedia.com. Upon termination, You will pay all amounts
due to SocialMedia within thirty (30) days from the last day of the month in
which termination occurs.
10.2.
By Publishers. You may terminate
this Agreement by disabling Your Account. As a Publisher, You may terminate
participating (or change or cease which Publisher Websites receive Ads) by
removing the SocialMedia Ad Codes. Upon termination, (i) You will remove all Ad
Codes from Your Publisher Website within twenty-four (24) hours; and (ii)
SocialMedia will pay all undisputed amounts due to You within ninety (90) days
from the last day of the month in which termination occurs.
10.3.
By SocialMedia. SocialMedia may
immediately terminate this Agreement, or cancel or suspend in whole or in part,
the SocialMedia Network, for any reason at any time. In addition, SocialMedia
may terminate this Agreement immediately without notice to You in the event
that: (i) You fail to comply with the SocialMedia Advertising Guidelines,
available at http://socialmedia.com/adguidelines; (ii) You breach any term or
condition of this Agreement; or (iii) upon receipt of claims or allegations
from third parties or authorities or if SocialMedia believes You have breached
any term or condition of this Agreement. SocialMedia is not required, and may
be prohibited, from disclosing a reason for the termination of Your Account.
All decisions regarding the termination of Accounts shall be made in the sole
discretion of SocialMedia. You agree that no liability shall arise from any
termination by SocialMedia.
10.4.
Survival. Upon termination or
expiration of this Agreement, any terms that should by their nature survive will
survive, including without limitation the indemnification and confidentiality
provisions.
11.
Confidential
Information.
During the term of this Agreement, each party may receive Confidential
Information from the other. Except as expressly authorized by this Agreement or
necessary for performance under this Agreement, each party will use reasonable
efforts to maintain the confidentiality of all such information and no party
will use less effort than that which it ordinarily uses with respect to its own
Confidential Information. The foregoing will not restrict either party from
disclosing Confidential Information of the other party: (a) pursuant to the
order or requirement of a court, administrative agency, or other governmental
body, provided that the party required to make such a disclosure gives
reasonable notice to the other party to contest such order or requirement; and
(b) on a confidential basis to its legal or financial advisors, or prospective
acquirors or investors. SocialMedia Confidential Information includes (i) all
software, technology, guidelines and documentation relating to the SocialMedia
Network; (ii) campaign metrics (e.g., click-through rates, conversion rates,
and targeting criteria), amounts paid or payable, and other statistics relating
to the Network; and (iii) SocialMedias methods for selecting and directing Ads
to Publisher Websites, and/or SocialMedias methods for selecting and directing
Ads to specific Ad Codes. Your Confidential Information means any confidential
business or technical information that You provide to SocialMedia. Confidential
Information does not include information that: (w) is or becomes generally
known to the public through no fault of or breach of this Agreement by the
recipient; (x) is rightfully known by the recipient at the time of disclosure
without a confidentiality obligation; (y) is independently developed by the
recipient without use of the disclosing partys Confidential Information; or
(z) the recipient rightfully obtains from a third party without disclosure
restrictions.
12.
Indemnification.
12.1.
General. You will indemnify,
defend and hold SocialMedia and its officers, directors, employees,
shareholders, agents, affiliates, and licensors harmless from and against any
and all liability, claims, losses, damages, injuries or expenses (including
reasonable attorneys fees) directly or indirectly arising from or relating to:
(i) Your participation in the SocialMedia Network, including but not limited
to, claims relating to a breach of this Agreement by You, a violation of any
third partys intellectual property rights or right of privacy, or Your privacy
policy, arising from such participation; and (ii) Your User Content,
12.2.
By Advertisers. In addition to the
above, if You participate as an Advertiser, You will indemnify, defend and hold
SocialMedia and its officers, directors, employees, shareholders, agents,
affiliates, and licensors harmless from and against any and all liability,
claims, losses, damages, injuries or expenses (including reasonable attorneys
fees) directly or indirectly arising from or relating to Your Ads, including
without limitation, claims that the Ads infringe any privacy, publicity,
intellectual property or proprietary rights of any third party.
12.3.
By Publishers. In addition to the
above, if You participate as a Publisher, You will indemnify, defend and hold
SocialMedia and its officers, directors, employees, shareholders, agents,
affiliates, and licensors harmless from and against any and all liability,
claims, losses, damages, injuries or expenses (including reasonable attorneys
fees) directly or indirectly arising from or relating to: (i) the operation or
content of Your Publisher Website; or (ii) SocialMedias use of any General
Data or Profile Data that You have provided pursuant to this Agreement.
Furthermore, You will also indemnify, defend and hold Advertisers and any third
party advertiser aggregators/agents with whom SocialMedia has contracted for
Advertisers (and their respective officers, directors, employees, shareholders
and agents) harmless from and against any and all liability, claims, losses,
damages, injuries or expenses (including reasonable attorney's fees) directly
or indirectly arising from or relating to Your participation in the SocialMedia
Network and the operation or content of Your Publisher Website. You acknowledge
that Advertisers and any third party advertiser aggregators/agents with whom
SocialMedia has contracted for Advertisers, are intended third party
beneficiaries of these indemnities and You agree that You will not assert a
defense based upon lack of privity against such Advertisers and third party
advertiser aggregators/agents with whom SocialMedia has contracted for
Advertisers, seeking to enforce these indemnities.
13.
No Guarantee;
Warranty Disclaimer.
SocialMedia makes no guarantee that participation in the SocialMedia Network
will secure any success or generate any leads from Ads, that Ads will be served
on or directed to Publisher Websites, or that You will become entitled to any
level of payment. SOCIALMEDIA DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED,
INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY,
FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. SOCIAL MEDIA DOES NOT
WARRANT (I) THAT THE NETWORK WILL MEET YOUR REQUIREMENTS; (II) THAT THE NETWORK
AND ANY ADS WILL OPERATE WITHIN YOUR PUBLISHER WEBSITE; OR (III) THAT THE
OPERATION OF THE NETWORK WILL BE ERROR FREE OR UNINTERRUPTED OR THAT ANY ERRORS
WILL BE CORRECTED.
14.
Limitation of
Liability. EXCEPT
FOR LIABILITY ARISING UNDER SECTIONS 5.3 (PROHIBITIONS), 11 (CONFIDENTIAL
INFORMATION) AND 12 (INDEMNIFICATION), EACH PARTYS TOTAL CUMULATIVE LIABILITY
TO THE OTHER UNDER THIS AGREEMENT WILL BE LIMITED TO THE AMOUNTS PAID OR OWING
TO YOU HEREUNDER IN THE TWELVE(12) MONTHS PRIOR TO THE EVENT GIVING RISE TO
SUCH LIABILITY. NEITHER YOU NOR SOCIALMEDIA WILL BE LIABLE FOR ANY SPECIAL,
INDIRECT, INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES (INCLUDING LOSS OF USE,
DATA, OR PROFITS, OR BUSINESS INTERRUPTION) ARISING OUT OF OR IN CONNECTION WITH
THIS AGREEMENT OR THE USE OR PERFORMANCE OF THE NETWORK. IN ADDITION,
SOCIALMEDIA WILL NOT BE LIABLE FOR ANY BUSINESS INTERRUPTION OR LOSS OF DATA
ARISING FROM YOUR PARTICIPATION IN THE NETWORK, TERMINATION OF YOUR
PARTICIPATION IN THE NETWORK, OR ANY CESSATION OF NETWORK FUNCTIONS.
15.
General. This Agreement shall
be governed by California law except for its conflicts of laws principles and
will be adjudicated in the federal or state courts located in the Northern
District of California. The parties hereby consent to personal jurisdiction and
venue therein. If any portion of this Agreement is found to be unenforceable,
the remaining provisions shall remain in full force. You may not assign this
Agreement without SocialMedias prior written consent. Any attempt to assign
this Agreement other than as permitted above will be invalid. This Agreement is
intended for the sole benefit of the parties and is not intended to benefit any
third party, except that the parties agree that Advertisers and any third party
advertiser aggregators/agents with whom SocialMedia has contracted for
Advertisers, are intended third party beneficiaries of the indemnities
hereunder. This Agreement constitutes the complete and exclusive understanding
and agreement between the parties regarding this subject matter. It supersedes
all prior or contemporaneous agreements or understandings relating to this
subject matter.