Payment Plan:
Software Licensing Fees are defined as the dollar amount the new Customer pays to purchase the software. For each membership directed to ETSI's site from the Webmaster's site(s), a commission contingent on the specific banner program shall be paid. Payments will be made by check in U.S. dollars, the first week after the end of the previous month.

Tax Matters:
If the Webmaster is a U.S. resident, he is required to enter a Federal Tax ID or Social Security number on the registration form. ETSI will issue a Form 1099 for all U.S. domestic entities (or a Form 1042-s for all foreign entities) to which ETSI makes combined yearly payments of $600.00 or more.

Webmaster Rights:
ETSI is granting Webmasters the non-exclusive right to direct and/or refer users or visitors from their web site to ETSI's web site(s). ETSI is also granting Webmasters a limited, non-exclusive, non-transferable license, during the term of this Agreement, to use graphics, including banners, and other intellectual properties (collectively the"Content") owned or licensed by ETSI for the sole purpose of marketing, advertising and promoting ETSI's site(s). Webmasters may not copy, transfer, alter or modify any link or banner, or any Content, in any way, without the prior written permission of ETSI. The license herein granted shall automatically and immediately cease upon the termination of this Agreement. The rights granted herein shall be for reasonable, appropriate and lawful use, only. ETSI specifically forbids the practice of "spamming" (i.e., the sending of unsolicited bulk e-mail) as a means of attracting traffic to site(s). If any Webmaster is found to be spamming, he/she will be dropped from the Program without pay and ETSI will seek to claim damages from the offender.

Webmasters Obligations:
The Webmaster warrants and represents that he/she owns or operates a lawful and otherwise valid Internet web site. The Webmaster further represents that he/she has the requisite power and authority to enter into this Agreement and perform the obligations set forth herein. The Webmaster also warrants and represents that he/she is at least nineteen (19) years of age and that performance under this Agreement does not and will not constitute a breach of any existing contract or obligation undertaken by him/her, and that there are no outstanding orders, judgments, decrees, rules or regulations which would preclude him/her from entering into this Agreement. The Webmaster agrees to indemnify ETSI and its shareholders, officers, directors, employees and agents against any loss, damage or liability (including reasonable legal fees) which result from his/her acts or omissions or from the use of any Content or other ETSI materials not expressly authorized by this agreement.

Disclaimer and Limitation of Liability:
ETSI provides its services "as is" and makes no warranties, either express or implied, with regard to the performance of the link or the Content of ETSI's site. ETSI expressly disclaims any warranties, including that of merchantability or fitness for a particular purpose with respect to the Program, and the Webmaster acknowledges that no representation or warranty has been made with respect to any income which you may or may not receive under this Agreement. ETSI shall not be held liable to the Webmaster or any other person or entity, including users of ETSI's services, for any losses, injuries or damages of any kind, arising from or in connection with any mistakes, omissions, delays, errors, interruptions in the transmission or receipt of ETSI's services or content. ETSI is not liable for any direct, indirect, or incidental or consequential damages, including loss of business, loss of profits and the like.

Term and Termination of Agreement:
The term of this Agreement shall continue until terminated by either party upon e-mail notice to the other then confirmed by telephone, which notice may be given with or without cause. In the event and upon termination of this Agreement, the Webmaster shall immediately cease using ETSI's Content in any way, shape or form. All such materials must be immediately removed from the Webmaster's site(s). Any warranties, indemnities and obligations that by their nature are designed to survive termination, shall extend beyond the termination of this Agreement. Upon termination of this Agreement for reasons other than the Webmaster's material violation, he/she shall be entitled to all unpaid commissions earned prior to the date and hour of termination. However, the Webmaster shall not be entitled to receive commissions for referrals delivered after the date of termination. ETSI reserves the right to terminate the Program without advance notification for any reason. In such case, the Webmaster will be notified by e-mail immediately and paid any commission accumulated up to that point in time, except in cases where it is determined he/she has violated this Agreement in any material way. Examples of material violations include the use of blind links, spamming, credit card fraud, and abnormally high chargeback rate, hits coming from any type of Meta-tag refreshers, or hits generated by JavaScript or applets or free password sites.

General:
The terms of this Agreement shall be governed and construed by the laws of the country of Barbados, (without regard to conflicts of laws or rules), shall have exclusive jurisdiction over any disputes arising from or in connection with this Agreement. This Agreement contains the entire agreement of the parties with respect to its subject matter, and its terms shall be waived or amended only by the parties' written agreement. The Webmaster shall not assign your rights or obligations under this Agreement without ETSI's prior written consent.

Acceptance and Execution of Agreement:
By filling out and submitting the “sign-up form”, the Webmaster agrees to be bound by this Agreement and ETSI is agreeing to become counter-party to the Agreement. The effective date of this Agreement shall be the date on which the form is received at ETSI. You'll know exactly how much money you're making thanks to an in-depth, detailed reporting system. You will have a Merchant ID and password to access your account reports, which are updated daily on our "Commission$" page. The terms and conditions of this agreement are subject to change without notice at the discretion of ETSI.

NOTE TO SPAMMERS:
If you are even thinking about using this program to Spam, you will not be paid for the traffic, and we may prosecute under both Federal and State laws that apply to spammers. Spamming will not be tolerated.

Send any Questions or Concerns To: sales@elec-tec.biz