(1) ZOINETWORKS LIMITED (Company Number 06173126)
(2) ZOIADS ADVERTISER (the "Advertiser")
In this agreement the following words have the meanings set out below
2.1 In this Agreement:
3.1 Adverts are displayed alongside a list of User recommendations within a social network when the Zoiword(s) purchased by the advertiser is clicked on.
3.2 Each time the link contained within an advert is clicked the Advertiser shall pay the agreed Cost Per Click to Zoinetworks.
3.3 Zoinetworks will use its reasonable endeavours to place adverts alongside User recommendations.
3.4 Zoinetworks does not guarantee any timing, placement or positioning of adverts.
3.5 Zoinetworks does not guarantee any traffic from adverts.
3.6 The placing of adverts is at the absolute discretion of Zoinetworks.
3.7 Adverts from all advertisers purchasing the same Zoiword will be displayed alongside each other.
3.8 In the event that more advertisers have subscribed to a Zoiword than adverts can be displayed within the My Recommendations application, the advertisers placing the highest Cost Per Click bids will be preferred.
3.9 The Advertiser agrees and consents to Zoinetworks using automated software to analyse Targets for the purpose of evaluating adverts.
4.1 Adverts shall be created at the Zoiads website, save where Zoinetworks has given express written authorisation to the contrary.
4.2 The Parties agree that all adverts shall:
4.3 Where the Target contains the offer of a product for sale, the advertiser must include an accurate price within the advert.
4.4 If requested advertisers must submit copy for adverts to Zoinetworks.
4.5 Zoinetworks can at its absolute discretion:
4.6 The advertiser shall be solely responsible for targets.
5.1 Payment of Revenue shall be made through the Zoiads website.
5.2 The Advertiser shall set its own budget at the Zoiads website.
5.3 All payments made by the Advertiser shall be made to Zoinetworks in advance.
5.4 All prices quoted shall be exclusive of VAT.
5.5 VAT will be charged on all deposits into the Zoiads system.
6.1 The following is prohibited in adverts:
7.1 This Agreement will terminate:
7.2 In all circumstances, notice of termination shall be given by a Party by email.
8.1 Neither party shall be deemed to be in breach of this agreement or shall be liable for any delay or non-performance, or for the consequences of any delay or non-performance which is due to any cause beyond its reasonable control of which it has notified the other party.
9.1 For the purposes of each party's obligations under this clause 9, "Confidential Information" means all information of a confidential nature in any form whatsoever, including but not limited to the Intellectual Property of which Zoinetworks is the proprietor and/or any information relating to the operation of the Zoiads system.
9.2 Each party undertakes to the other to keep all Confidential Information confidential.
9.3 The provisions of clause 9.2 shall not apply to the whole or any part of the Confidential Information that can be shown by the Receiving Party to be disclosed as a requirement of law or any Regulatory Body to whose rule either party is subject.
9.4 The provisions of this clause 9 shall survive termination of this Agreement for any reason.
10.1 Zoinetworks expressly disclaims any form of liability, including but not limited to any liability arising out of the operation and/or adequacy of, products or services advertised through the Zoiads system.
11.1 Zoinetworks does not guarantee that the Zoiads system will be continuously available at all times.
12.1 A person who is not a party to this Agreement shall not have any rights under or in connection with it by virtue of the Contracts (Rights of Third Parties) Act 1999.
13.1 The Parties agree that all Intellectual Property rights subsisting in the Zoiads system and any materials which are generated as a result of this agreement shall remain or be the property of Zoinetworks. On the expiry or termination of this agreement all such use will stop and the Advertiser does not acquire any rights in such Zoinetworks material as a result of use.
14.1 This Agreement, and the documents referred to in it, constitutes the entire agreement and understanding of the Parties and supersedes any previous agreement between the parties relating to the subject matter of this agreement.
14.2 Each of the parties acknowledges and agrees that in entering into this agreement, and the documents referred to in it, it does not rely on, and shall have no remedy in respect of, any statement, representation, warranty or understanding (whether negligently or innocently made) of any person (whether party to this agreement or not).
14.3 Nothing in this clause 15 shall, however, operate to limit or exclude any liability for fraud.
15.1 This Agreement shall be governed by and construed in accordance with English law.
15.2 Each party irrevocably agrees to submit to the exclusive jurisdiction of the courts of England and Wales in relation to any claim or matter arising under or in connection with this Agreement.