Adsolut Media PUBLISHER AGREEMENT TERMS AND CONDITIONS
Adsolut Media, Kailas Business Park, C 309, Mumbai, India. (”Adsolut Media”) operates a programmatic ad publishing platform (the “Platform”). Advertisers use Adsolut Media to distribute advertising throughout Adsolut Media’s publisher network.
Publishers get quick access to worlds leading Demand Sources to get the value they are looking for. Our main goal here is to create an advertising ecosystem which is innovative and transparent for both sides.
1.1 These Publisher Terms & Conditions (“T&C”) govern the provision of advertising optimization services including inventory management, yield optimization, mediation and support services (the “Services”) offered by Adsolut Media to its publishing partners (the “Publishers” or “you”). The exact features and services are described on the Adsolut Media website. “Publisher” is a party connected to Adsolut Media’s network that owns advertising space (“Direct Publisher”) or that directly or indirectly controls or mediates advertising space of third parties such as for example Ad Networks, Advertising Agencies, SSPs (each hereinafter to be referred to as “Mediator”, the connected third parties to be referred to as “Publisher Network”). Adsolut Media acts in its own name and on its own behalf and therefore, your contractual partner is Adsolut Media, not Adsolut Media’s Advertiser.
1.2 Specific terms related to the serving of advertisements such as for example budget, territory, term, inventory, block list and others are agreed through the options available on the Platform or by way of insertion order (“IO”) or email.
1.3 From time to time, the parties may agree on and/or modify certain terms in writing. Such changes and modifications are agreed if signed by authorized representatives of both parties. They become effective (a) once the party having to implement the change confirms it has done so to the other party or (b) upon expiry of the agreed Out Clause period (see section 2.8 below), whichever is earlier.
1.4 In order to use the Adsolut Media services, Publishers are required to register at the Platform. You can either register using the Adsolut Media self-service procedure or Adsolut Media will support your registration process by creating an account for you. You warrant that all information and data you provide during the registration process and otherwise in the course of this Agreement is true, accurate and complete and that you will always keep your account data up-to-date. For payments, Adsolut Media will use the information provided by the 15th of the month following the invoiced month. Adsolut Media accepts no liability for payments to a wrong destination where such payment was due to incomplete or outdated information provided by you.
1.5 Adsolut Media will provide you with a personal login and password. You must not pass on your login data to any third party. You are fully responsible and liable for all activities under your account. If you register on behalf of your employer or any other entity, you represent and warrant that you have full legal authority to do so and to oblige your employer or such entity to this Agreement.
1.6 By using the Services, you declare that you accept these T&C and the fact that no other terms and conditions apply. If you do not agree to these T&C, you cannot use the Services. A binding contract about the use of the Services in accordance with these T&C is closed when Adsolut Media following your registration either sends a confirmation note (email sufficient), or when you and Adsolut Media sign an IO, or when Adsolut Media starts serving advertising to Publisher, whichever is earlier.
1.7 These T&C, any IO and any other individual agreement between Publisher and Adsolut Media together are referred to as the “Agreement”. In case of any collisions, the terms of an individual agreement (see section 1.3) prevail over the terms of an IO, and the terms of an IO or an individual agreement prevail over the terms of these T&C.
2. The Services
2.1 “Creatives” means advertising materials that may contain texts, graphics, images, sounds, videos, any other content or links to the aforementioned. Creatives contain tracking means such as for example ad tags, pixels or others which are used to identify the relevant source of traffic. Creatives have to be used as delivered and must not be altered or modified unless with Adsolut Media’s prior approval in writing.
2.2 Publishers are required to connect to Adsolut Media via Adsolut Media’s proprietary application programming interface (“API”). Unless agreed otherwise, all relevant information and data required for the ad serving for example Creatives, tracking data such as links, ad tags and others and will be transmitted through the API.
2.3 “Specs”, i.e. all specifications related to the distribution of advertisements such as for example term, targeting requirements, revenue sharing and pricing, maximum budget, traffic restrictions and others as agreed from time to time are material terms of this Agreement. Traffic that is not strictly compliant with the Specs will not be remunerated. If you are a Mediator, you are fully responsible for the compliance of the parties connected to your Publisher Network with the Specs and all other terms of this Agreement.
2.4 Adsolut Media grants you the limited, worldwide, royalty-free, non-assignable and non-exclusive right to use the Creatives for the contractual purpose of placing them in the agreed types of advertising space only. If you are a Mediator, this includes the right to pass the Creatives on to the parties connected to your Publisher Network. Furthermore, Adsolut Media grants you a limited, worldwide, royalty-free, non-assignable and non-exclusive license to use the Adsolut Media APIs solely for the purposes of this Agreement. You must not modify, adapt, redistribute, decompile, reverse engineer, disassemble, or create derivative works of the Adsolut Media APIs or any part thereof. All rights not granted to you are expressly reserved by Adsolut Media.
2.5 Your right to store any data received from Adsolut Media terminates automatically as soon as such data has served the contractually agreed purpose unless and to the extent that you have a right to store such data for a longer period under applicable law.
2.6 Adsolut Media is not responsible for the commercial success of Publisher’s use of the Services. Publisher acknowledges that, unless expressly agreed otherwise, Adsolut Media will make available the Services in Adsolut Media’s sole discretion and that therefore, Adsolut Media is not obliged to distribute any advertisements to Publisher at all.
2.7 The Platform generally operates on a 24/7 basis with a yearly availability of 90%.
2.8 Adsolut Media reserves the right to suspend or cancel the Services or parts of the Services at any time in its sole discretion without incurring any liability to Publisher. In such case, Publisher will stop the display of the concerned advertising immediately and in any event within a maximum of 24 hours following Adsolut Media’s notice (“Out Clause”). If the suspension or cancellation was due to a breach or an alleged breach of Publisher, Publisher’s compliance with the foregoing sentence does not cure such breach and Adsolut Media’s rights with regard to such breach remain unaffected. All rights and obligations of the parties that have accrued before such suspension or termination remain unaffected.
2.9 This Agreement shall have a term of twelve (12) months beginning on the Effective Date (the “Initial Term”), unless terminated earlier as provided in this Agreement. This Agreement will renew automatically for subsequent twelve (12) month terms (“Renewal Terms”) unless notice of non-renewal is received at least thirty (30) days prior to the expiration of the then-current term, or unless terminated sooner by the mutual agreement of both parties or otherwise in accordance with this Agreement. The Initial Term and Subsequent Terms (if any) shall be referred to collectively as the “Term”. The right of either party to terminate this Agreement extraordinarily in accordance with applicable law remains unaffected. Any and all provisions or obligations contained in this Agreement which by their nature or effect are required or intended to be observed or performed after termination of this Agreement will survive the expiration or termination of this Agreement and remain binding upon and for the benefit of the parties, their successors and permitted assigns.
3. Additional Publisher Obligations & Indemnification
3.1 Publisher agrees to provide available advertising inventory, to install and incorporate the technology, including any updates, fixes or patches provided by Adsolut Media from time to time, in the Media Property (as defined below), and to maintain throughout the Term (as defined below) all software codes and tags necessary for Adsolut Media to serve advertising. As a Publisher, it is your responsibility to ensure that you own or control the advertising space where the Creatives are being displayed such as sites, applications and any other media (the “Media Property”) in a way that you are entitled to display advertising as agreed under this Agreement.
3.2 Publisher must ensure that the Media Property is in compliance with applicable laws and regulations and does not infringe with the rights of any third party. Furthermore, you ensure that no advertising is displayed on any Media Property that is not in compliance with any additional policies and restrictions that Adsolut Media will communicate to you from time to time.
3.4 Publisher must not alter, modify or otherwise interfere with the operation of any of the advertising, and particularly, without limitation, Publisher must not manipulate the results of any advertising campaign by for example, without limitation, generating automated, artificial or otherwise incorrect actions, installs, leads, clicks and impressions or by engaging into any other product-unrelated, deceptive or manipulative behavior, or to use incentives of any kind unless this is expressly agreed on the IO (altogether hereinafter referred to as “Misuse”).
3.4.1 Examples of non-compliant behavior (non-conclusive): click injection; click spamming; bot traffic; overlays; typo squatting; iframe masking; content locking; like jacking; misleading impressions; encouragement of, and/or ad implementations causing, unintended/accidental clicks); multiple and/or repeated clicks from the same IP range, device or otherwise identifiable source.
3.4.2 Adsolut Media takes a serious stance against fraudulent activity and reserves the right to use methods to actively detect Misuse and to take appropriate actions. Publisher is obliged to monitor the traffic within their Publisher Network in order to recognize any Misuse as soon as possible and will inform Adsolut Media promptly about any suspicion of Misuse.
3.5 The parties agree that any breach against the foregoing sections 3.1 – 3.4 is a material breach. In case of such breach, Adsolut Media is entitled to terminate the Services or the affected parts of the Services with immediate effect. Furthermore, Adsolut Media reserves the right to exclude Publisher from the Platform without incurring any liability to Publisher, and no revenue share or other remuneration will become due.
3.6 If there is a suspicion that Publisher is in breach, Adsolut Media shall be entitled to retain payment to Publisher until it is verified that the traffic in question was compliant. The parties agree that if there is an indication of any activity mentioned in section 3.4 above, the affected traffic shall be deemed Misuse until proven to be compliant.
3.7 Publisher will indemnify Adsolut Media from any damages and losses including legal fees that Adsolut Media may incur in connection with a breach or alleged breach of sections 3.1 – 3.4 above.
3.8 Nothing in this section 3 is intended to limit any other rights Adsolut Media may have with regard to any breach of this Agreement under applicable law, all such rights being expressly reserved.
4. Payment, Tracking, Reporting, Tax
4.1 Adsolut Media collects advertising revenues from Advertisers. The parties will share the revenue generated from the distribution of advertising to Publisher’s Media Property as agreed on the IO, via API or otherwise in writing. If Publisher does not agree with a pricing offered by Adsolut Media, Publisher must stop using the services of Adsolut Media.
4.2 “Net Advertising Revenue” shall mean the total revenues collected by Adsolut Media from the Advertisers in consideration of the sale of advertising space on Publisher’s Media Property, less any charges for taxes, refunds, ad serving fees, bidder fees, revenue shares payable to third parties, and third-party advertising agency fees, if any.
4.3 The parties may separately agree on payouts to be calculated using one of the following payment models: “CPA” means inventory sold on a cost per acquisition basis. “CPI” means inventory sold on a cost per install basis. “CPC” means inventory sold on a cost per click basis. “CPL” means inventory sold on a cost per lead basis. “CPM” means inventory sold on a cost per thousand impressions basis where impression means that a Creative is displayed. Where applicable, the parties may define the specifics of certain deliverables, as for example an “install” or a “lead” on the applicable IO or in accordance with section 1.3.
4.4 Adsolut Media reserves the right to determine in its sole and reasonable discretion and charge an additional fee of up to 10% of the Net Advertising Revenues or of the revenues to be shared according to one of the models stated in section 4.3 above, as the case may be, in cases of incremented operational and handling efforts caused by Publisher. If Publisher does not agree with such determination by Adsolut Media, Publisher’s sole remedy shall be the right to terminate this Agreement. Where Adsolut Media can provide proof of even higher costs, such costs may also be charged to Publisher.
4.5 Adsolut Media uses commercially reasonable efforts to collect revenues from Advertisers.
4.5.1 Publisher acknowledges and agrees (a) that in cases where revenue collection is delayed Adsolut Media will make payout on the payment date following the actual collection and (b) that if and to the extent revenue collection fails Publisher’s payout will be adjusted accordingly.
4.5.2 Adsolut Media shall have the right to assign to Publisher the payment claims against the Advertiser related to the traffic delivered by Publisher for the Advertiser in the amount of the unpaid portion. Publisher hereby accepts such assignment as satisfactory in lieu of payment and therefore, with the completion of the assignment there will be no additional claims against Adsolut Media related to the concerned traffic.
4.6 Publisher will provide Adsolut Media with all information required for determining the performance of Publisher’s services. In particular, without limitation, Publishers shall use and implement all agreed tracking means and refrain from any action that may interfere with the agreed tracking. Furthermore, at Adsolut Media’s request, Publisher will furnish any additional information Adsolut Media may reasonably request in order to verify the compliance of Publisher’s services with this Agreement also including the Specs such as for example detailed information with regard to the Media Property.
4.7 Based on the tracking results, Adsolut Media will create a monthly report and make it available to Publisher via Adsolut Media dashboard within 5 days of a month’s end. Publisher will be paid based on Adsolut Media’s reports. Adsolut Media’s reports are deemed accepted by Publisher if Publisher does not object them within 45 calendar days after the month end (hereinafter the “Validation period”).
4.8 Publisher agrees that tracking discrepancies of 10% or less are customary in trade and therefore acceptable. If there is a discrepancy of greater than ten per cent (10%) between Adsolut Media’s reports and the data of Publisher, the parties will work together in good faith to verify the relevant data and agree on a final report. However, where the reasons for the discrepancy cannot be clarified within the Validation Period, Publisher will be paid based on Adsolut Media’s report except to the extent that Publisher was able to prove the data of Adsolut Media wrong.
4.9 In case when Adsolut Media learns about quality deductions and/or invalid inventory as reported by the Advertiser or a party representing the Advertiser related to the traffic that was delivered by the Publisher, Adsolut Media shall use reasonable efforts to notify the Publisher about the issue within the Validation Period.
4.9.1 Adsolut Media will provide the detailed report of the quality/invalid inventory deduction with supporting data to Publisher subject to its availability from the Advertiser. Publisher acknowledges and agrees that detailed Advertiser reports will be provided only in cases Adsolut Media actually receives such report. If detailed Advertiser report is taking more than 45 calendar days to receive and verify, the disputed amount will be withheld by Adsolut Media until a deduction is finalized and acknowledged by the Publisher. Irrespective of the availability of the detailed Advertiser reports, the two parties agree to adjust the Monthly Report based on Adsolut Media reports and other available information from the Advertiser concerning the issue.
4.9.2 The two parties shall not raise any objection against the confirmed data of Monthly Report after 3 months after the month end unless in cases of fraudulent Misuse pursuant to the section 3.4 of this Agreement, and/or non-authorized rebrokering and/or incentivization. In such cases, Publisher shall be entitled, but also obliged, to provide evidence disproving the allegations of Advertisers or Adsolut Media. To the extent Publisher cannot demonstrate that the allegations are untrue, Publisher shall be obliged to pay back the overpaid amounts. Adsolut Media is entitled to apply charge-backs when payouts made to Publisher subsequently transpire to be in excess of the amount actually due to Publisher. In such case, Adsolut Media shall be entitled to set-off the charge-back amounts against other payments due to Publisher.
4.9.3 In-case any DSP reaches out to Adsolut Media within 6 months of inventory supply regarding IVT, deductions or insolvency of a particular buyer, Adsolut Media has the right to withhold publisher payment and and set an inquiry about the publisher inventory quality and proof of relations.
4.10 Where prepayment is agreed, Adsolut Media will issue a Credit Note for the prepayment upon campaign start. In any event, Publisher is only entitled to the remuneration determined in accordance with sections 4.1 – 4.9 above. Therefore, Publisher will pay back any overpaid amounts immediately at Adsolut Media’s request. Adsolut Media shall be entitled to set off such amounts against any claims Publisher may have by way of written notice (email sufficient).
4.11 All amounts agreed are net, that means value added taxes (if applicable) will be invoiced in addition. Adsolut Media will pay Publisher within 65 days after the month end subject that the parties have agreed on monthly report and there is no indication of poor quality and/or fraudulent nature of the traffic delivered by the Publisher. If payout in any given month is less than USD 500, the payment will not be made until the total revenue share is accumulated to reach or over USD 500.
4.12 Publishers may have access to live reporting within the Platform. Displayed results are preliminary. Final results are determined as agreed in sections 4.1 to 4.9 above.
4.13 Each party shall be responsible for and pay its own income taxes, sales and use taxes, value-added taxes, and any other taxes, license or registration fees, duties, and other similar assessments or charges levied or imposed by any jurisdiction as a result of the execution of this Agreement, the performance of any obligations under this Agreement or the transfer of any property, rights or any other grant under the terms of this Agreement. Where required by law, the invoicing party shall itemize applicable taxes on its invoices.
5. Confidentiality, Data & Data Protection
5.1 Each party shall keep confidential and shall not without the prior consent in writing of the disclosing party copy or disclose to any third party the content of any documents or information (whether of a commercial, financial or technical nature or which is identified as being confidential) acquired from the other party in connection with the Agreement (as defined below). Each party shall copy and use the same solely for the purposes of the Agreement. The foregoing obligations shall not apply to any information which (a) is within the public domain at the time of disclosure or later becomes part of the public domain through no fault of the receiving party; or (b) was known to the receiving party prior to disclosure by the disclosing party as proven by the written records of the receiving party; or (c) is disclosed to the receiving party by a third party who did not obtain such information, directly or indirectly, from the disclosing party.
5.2 Adsolut Media shall be entitled to include Publisher’s name and logo in its list of references, product presentations, press releases and related material.
5.3 Publisher’s right to use the data obtained through its use of the Services is limited to verifying the performance of the distributed advertising. All other use of such data is prohibited. This section does not apply, however, to data obtained by Publisher itself on its own sites.
5.5 To the extent permitted by applicable law Adsolut Media may store and use aggregate information derived from the delivery of the Services for the purpose maintaining aggregate audience reports and advertising analytics, provided that there shall be no reference to Publisher as the source of any such information and that such information is in no way attributed to Publisher.
6. Additional Warranties & Indemnification
6.1 Publisher warrants that (a) it, and its inventory, will comply with applicable laws and regulations, particularly also including laws and regulations pertaining to advertising and privacy; (b) it will comply with these Terms and Conditions, any booking specifications and IO terms and any other specifications made by Adsolut Media; and (c) it owns or controls the inventory and that therefore, the Adsolut Media’s agreed use of the inventory does not infringe the rights of any third party.
6.2 Adsolut Media warrants and represents that (a) it will comply with applicable laws and regulations; and (b) it owns and/or controls the rights to the Platform and that therefore, Publisher’s agreed use of the Platform will not infringe the rights of any third party.
6.3 Each party indemnifies the other party against all claims, and from all losses, including reasonable attorney fees and legal costs resulting from breaches of the warranties given under this Agreement.
6.4 The indemnified party will promptly notify the indemnifying party of any such claim and will (a) at the indemnifying party’s expense, provide reasonable cooperation to the indemnifying party in connection with the defense or settlement of any such claim; and (b) at the indemnified party’s own expense, be entitled to participate in the defense of any such claim. A party’s failure to provide notice shall not relieve it from its obligations hereunder, except to the extent that such untimely notice materially impairs the ability of the other party to defend the claim.
7. Changes to these T&C
7.1 Adsolut Media reserves the right to reasonably amend these T&C from time to time to cover changes to the Services as for example the adding or removing of certain features, or to adjust these T&C and the Services to changes in applicable laws and regulations and to new market or technological requirements. Changes are reasonable if the justified interests of Publisher are adequately taken into account. Adsolut Media will inform Publisher in writing (email sufficient) of such changes.
7.2 If Publisher does not agree with a change, Publisher must provide notice to Adsolut Media and discontinue to use the Service. Likewise, Adsolut Media reserves the right to terminate this Agreement in that case.
8.1 Publisher covenants that during the term of this Agreement and for a period of one (1) year after its end, it will not solicit, attempt to solicit, induce or attempt to induce any of Adsolut Media’s advertising customers for which Adsolut Media has provided Creatives to Publisher in order to enter into agreements with such advertising customers about the performance of services similar to the services performed to Adsolut Media under this Agreement.
8.2 For each concerned advertising customer for which Publisher is in breach of section 8.1 above, Adsolut Media shall be entitled to liquidate damages from Publisher. The amount of liquidated damages will be determined by multiplying the monthly average receivable by Publisher from the concerned advertising partner by 12. In order to determine the monthly average, the month in which Adsolut Media first objected Publisher’s action plus the five months preceding this month will be taken into account. If the breach has been going on for a shorter period, the monthly average will be calculated based on such shorter period. If Publisher can prove that Adsolut Media’s actual damages were lower than the liquidated damages amount, then Publisher shall only be obliged to pay to Adsolut Media such lower amount instead of the liquidated damages. If Adsolut Media can prove that its actual damages are higher than the liquidated damages amount, then Publisher shall be obliged to pay such higher amount instead of the liquidated damages amount.
8.3 Sections 8.1 and 8.2 shall not apply where Publisher can show for any of the concerned advertising customers that Publisher has been working with them prior to the beginning of the relationship between Publisher and Adsolut Media.
9.1 This Agreement shall be governed and construed by and under Indian law except for that body of laws relating to conflicts of laws. Place of jurisdiction shall be Mumbai.
9.2 Neither party shall be entitled to assign its rights and obligations under this Agreement without prior written approval by the other party except that Adsolut Media may assign the rights and obligations under this Agreement to its affiliated parties upon notice to Publisher.
9.3 Publisher shall not be entitled to offset its payment claims against the payment claims of Adsolut Media unless such claims of Publisher are uncontested or have been legally established in a final court decision or otherwise.
9.4 In the event a court of competent jurisdiction holds a provision of this Agreement to be contrary to applicable law, the parties shall negotiate in good faith a valid, legal and enforceable substitute provision that most nearly reflects the original intent of the parties.