AFILIATE REVENUE SHARING - BUSINESS AGREEMENT
AGREEMENT made 6th of April, 2015 by and between THE Wellfitness LLC. AFFILIATE BUSINESS PARTNER PROGRAM, a Florida corporation and Adam Test, a Florida _____ company.
- Wellfitness LLC and its affiliate, Wellfitness LLC. Business Partner Program, ("Wellfitness") operate a website called www.wellfitnessinc.com ("the Website") and Wellfitness desires to offer third-party independent contractors the opportunity to benefit from its Website platform subject to the terms and conditions set forth herein;
- Adam Test, through its principal, Adam Test, operates a personal fitness and yoga instruction business with an international following in the Miami area, and desires to affiliate with Wellfitness and the Website subject to the terms and conditions set forth herein.
NOW THEREFORE for good and valuable consideration, the receipt of which is hereby acknowledged, Wellfitness and Adam Test agree as follows:
- General Concept.
Wellfitness shall permit Adam Test to engage in its "Business Partner Program" by permitting Adam Test to post its business logo, a link to the www.____________________ website and session price in the (All business partner prices shall at no times during the agreement fall below the posted price or specials offered by Wellfitness, LLC. for the Business partner. format designated by Wellfitness. If Adam Test elects, Wellfitness shall provide Adam Test with an 866 number, with an extension and voice mail. Clients and customers who book the services of Adam Test through the Website shall book by credit card and Wellfitness shall retain (25%) percent of the amount so charged and shall remit (75%) percent of the amount charged directly to Adam Test within three (3) business days. Adam Test shall not be an independent contractor to Wellfitness, LLC. and Wellfitness shall not make any subtractions from the seventy-five percent remitted to Adam Test.
- Independent Contractor.
Adam Test and Adam Test shall not be deemed employees of Wellfitness, and therefore shall be responsible for all income taxes, withholdings, workers' compensation, insurance and social security tax on its seventy-five (75%) percent portion. Wellfitness shall be responsible for all taxes, and withholdings on its twenty-five (25%) percent portion. Adam Test cannot bind Wellfitness and Wellfitness cannot bind Adam Test. Adam Test is free to accept or reject any customer or potential customer which books through the Website, and if a customer is rejected, Adam Test shall refund the unused portion of the fee collected, if any. All Affiliates offering Personal Training One on One service must take the mandatory trainer monthly Bootcamp on a monthly bases and pass each monthly Bootcamp with 95% scoring.
2a. Marketing and branding
Affiliates Will be responsible for marketing and branding their own product, if an affiliate is a spa and fitness management company acquiring or occupying a location that is contracted to Wellfitness. All affiliate marketing material must include the Wellfitness logo and contact information of Wellfitness, All affiliate marketing material placed in these facilities or any email blasts going out to residence or clients customers of these facility. Must be approved by Wellfitness before such material can be distributed.
- Term Length of Agreement.
This Agreement shall last for ninety (90) days and shall thereafter automatically renew every thirty (30) days unless either party provides thirty (30) days' notice to the other party of its termination. At the expiration of this Agreement, the parties shall have ten (10) days to reconcile their accounts, if any, and thereafter neither party shall be obligated to the other for fee sharing.
- No Exclusivity.
Adam Test has an existing and established business with clientele and nothing in this Agreement shall alter Adam Test's relationship with its existing clients and other new clients that it obtains from sources other than the Website and Wellfitness Communities. Likewise, Wellfitness is permitted to allow other independent contractors with competitive businesses to become business partners also.
No oral amendments or modifications shall be permitted. This Agreement may be amended only in a writing signed and dated by both parties.
- Governing Law.
This Agreement shall be governed by the law of the State of Florida.
Upon agreeing to these terms, you will be subject to a registration fee of $.
Your Tax EIN is: 35-3434356
IP Address: 22.214.171.124