AFFILIATION AGREEMENT

1. INTRODUCTION

This agreement states the full terms and conditions that apply to individuals or entities participating in the www.18carati.com ("we", "us" or "our") affiliate program ("the Program"). We herby wish to appoint you ("you or "the Affiliate") as an Affiliate of www.18carati.com for the purpose of promoting www.18carati.com products and services on our website ("the Website" or "our Website") through your website ("your Website") in exchange for a referral commission detailed in Clause 5, on the terms and conditions of this Agreement.

2. APPLICATION PROCEDURE

2.1 In order to become an affiliate of www.18carati.com you must make a formal application on our website subsequent to the acceptance of the terms and conditions set out herein.

2.2 On receipt of your application we will evaluate your Website's suitability to the Program. We reserve the sole right to decline your application if we feel that it does not satisfy the interest of either the Website or the Program, or both. Once your website has been reviewed we will notify you on whether your application has been accepted or declined. Please note we will not accept affiliates whose websites condone the use of the so called War Diamonds.

2.3 If your Website is accepted and it is later determined that you are unsuitable for the program then we have the sole discretion to cancel your participation in the Program with immediate effect.

3. INTEGRATION

Participation in the affiliate Program requires your Website to be correctly integrated to our Website. You must adhere to the following terms to ensure this condition is maintained through the term of the Program.

3.1 Integration of your Website to our Website is achieved through a choice of links or graphical banners available at www.18carati.com/catalog/affiliate_banners.php  . These will be available once your application has been approved.
Any of the Links will enable your end-user to navigate to our Website.

3.2 The appearance of the Links is controlled by www.18carati.com and you agree that participation in the Program requires you to adopt only the links presented at the location stated in sub Clause 3.1.

3.3 You must not alter the appearance or the functionality of the Links in any such way.

3.4 From time to time we may alter the appearance or functionality of the links and it is your responsibility to ensure that you are using the most up to date version. We therefore advise you to return to the site regularly to ensure this requirement is satisfied.

4. ORDERS

It is our responsibility to process the order for customers who are referred from your Site through the integration detailed in Clause 3. It is also our responsibility to manage all aspects of after sales service and any other issues associated with the order. We will track sales made to customers who purchase products or services using the Links from your Website to our Website and will publish such data to you in our website’s affiliate section. You must ensure the Links from your Website to our Website are correctly formatted at all times. As a participant in this Program you must accept that we cannot be held responsible for the incorrect formatting of the Links on your Website and will not be liable to settle any referral fees that occur through such circumstances.

5. REFERRAL COMMISSION

5.1 In order for a referral to generate commission, the customer must first arrive on our Website from your Website via the links or banners detailed in Clause 3 and then purchase a product on our website, accept our specific terms of purchase and remit payment in full to www.18carati.com.

5.2 Referral commission will be paid only when a customer enters www.18carati.com and completes an order.
www.18carati.com will be able to track any visitors coming from you website to its website through an univoque  referral code assigned to each affiliate. The visitor must make and complete an order within 90 days from its first visit through the banners or links of point 3.1 in order for the affiliate to be paid any commissions ( duration of cookies )

5.3 Referral commission will be paid at 8% ( eight percent ) on the retail value of the product, less the costs for postage & packing, returns, and VAT if applicable. Registered affiliates can check their affiliate accounts anytime by logging in to the affiliate area of our website or through this link: http://www.18carati.com/catalog/affiliate_sales.php

5.4 The affiliate Programme is intended for commercial use only and you must not under any circumstances offer incentives, commissions or payment to any individual or business in return for making an order on our Website through the integration detailed in Clause 3. It is also forbidden to purchase products or services through this Program that are intended for resale or commercial exploitation. Such actions may result in the withholding of referral fees and/or termination from the Program.

5.5 Under no circumstances will any commissions be due to the affiliate for the sale of certified diamonds on sale on the appropriate section of the website.

6. REMITTANCE

6.1 Remittance will be paid on all orders processed on our Website that meet the provisions detailed in Clause 5 and following sub Clauses. The commission will be paid every three months within 14 days of the end of the calendar month and will contain remittance for the previously elapsed month at the rate specified in sub Clause 5.3.

6.2 Affiliates that are  VAT registered within the EU  are asked to issue an invoice in order to have the commission paid on scheduled times.

6.3 If the referral commission generated in one month is less than € 100.00 then the remittance will be retained until the cumulative amount is greater than € 100.00. Once the remittance is greater than € 100.00 the referral commission will be paid within 14 days of the end of the calendar month.

6.4 If a refund is given on a sale that has previously generated a referral commission, we will deduct the corresponding fee from your next remittance. Should the funds be unavailable we will invoice you for the outstanding fee.

6.5 VAT invoices should not be sent by you for any outstanding commission.

6.6 Businesses that are VAT registered within the EU  are required to insert their VAT number on application to the Program.
6.7 It is your responsibility to ensure any taxes are paid on the remittance.

6.8 Payments shall be made by cheque, Paypal account or bank transfer following the choice the affiliate made upon application.

7. POLICIES

7.1 Customers who buy products or services from www.18carati.com via the affiliate Program are the responsibility of www.18carati.com. As such all operating policies, customer service issues and warranties associated with an order are the responsibility of www.18carati.com.

7.2 It is the sole discretion of www.18carati.com to change any polices referred to in sub Clause 7.1 without warning or notice.

7.3 www.18carati.com make every available effort to ensure product or service specifications, price and availability are accurate at the time of sale however we provide no guarantee that this provision will be met.

8. LICENCE AGREEMENT

8.1 www.18carati.com grants you a non-exclusive, worldwide, royalty-free licence for the term of this Program to utilise the integration detailed in Clause 3 for the purpose of generating referrals from your Website to our Website.

8.2 We have the right to terminate this licence at any time if we deem that the integration in Clause 3 is not being used in accordance with the Terms and Conditions of this agreement.

8.3 We reserve all rights to any other graphics, text, source code, trademarks, trade names, and all other intellectual property rights contained within but not limited to the www.18carati.com Website.

9. TERM OF AGREEMENT

9.1 The term of this agreement will begin upon our acceptance for you to participate in the Program and will end when terminated by either party.

9.2 Either you or www.18carati.com have the right to terminate the agreement at any time upon issue of a written notice to the other party.

9.3 You are eligible to earn referral commission only on orders that were taken during the term of this agreement in conjunction with the provisions detailed in Clause 5. Should you decide to terminate the agreement you will receive remittance only on referrals that were not subsequently cancelled or returned.

9.4 On cancellation of the agreement we may hold remittance for a period of time that is necessary to calculate final payments.

9.5 Upon termination of the agreement by either party you must remove any Links, graphics, text and source code associated with the Program from your website.

10. LIMITATION OF LIABILITY

10.1 www.18carati.com will under no circumstance be liable for indirect, special, or consequential damages including any loss of business, revenue, profits or data in relation to your participation in this Program.

10.2 In addition to sub Clause 10.1 our total liability with respect to this Program will not exceed the total referral commission paid or payable to you under this Agreement at the time the event that gave rise to the liability took place.

10.3 Notwithstanding the previous paragraph, nothing within this Agreement will operate to exclude any liability for death or personal injury arising as a result of the negligence of either party, its employees or agents.

11. DISCLAIMERS

11.1 We make no warranties expressed or otherwise implied with respect to participation in this Program or any other products or services sold through this Program (including, without limitation, warranties of fitness or merchantability).

11.2 We do not guarantee uninterrupted availability of the www.18carati.com Website and cannot provide any representation that using the Website will be error free.

12. YOUR WEBSITE

You hereby acknowledge that you are solely responsible for all materials that appear on your Website and accept that inclusion of any of the following material is prohibited:

• 12.1 any illegal material,
• 12.2 any obscene or sexually explicit material
• 12.3 any violent, threatening or abusive material
• 12.4 any material that may infringe the intellectual property of any third party
• 12.5 any other material that www.18carati.com may decide is not in the general interest of the Program

13. RELATIONSHIP OF PARTIES

13.1 The Program defined in this agreement is intended to be carried out on the understanding that both parties are acting as independent contractors and there is no attempt to form any partnership, joint venture, agency, sales representative, or employment relationship in this agreement.

13.2 Further more neither party has the authority to create liability against the other party

14. MODIFICATION

www.18carati.com reserve the right to alter the terms detailed within this Agreement at anytime without notice. By continuing to utilise the most up to date Links referred to in Clause 3 you will be deemed to have acknowledged and understood the current terms and conditions of the Program. We strongly advise all participants in this Program to regularly check the Terms and Conditions on our Website.

15. SEVERANCE

If any provision of this Agreement is held to be invalid or unenforceable, such provision shall be struck out and the remaining provisions shall remain in force.

16. GOVERNING LAW AND JURISDICTION

This Agreement will be governed by the laws of Italy and both parties hereby agree to be bound exclusively by the jurisdiction of Italian law without reference to rules governing choice of laws.