Sportrecs Agreement on payment for advertising views

Version from 23 February 2022

This Sportrecs Agreement on payment for advertising views is a part of Sportrecs Terms of Service for Media (https://sportrecs.com/document/terms-of-service-for-platform) and sets forth the terms and conditions by which you may use Sportrecs video player in your media subject to consideration payable by Sportrecs.

1. Eligibility
1.1. To use Sportrecs video player in your media, you must use and maintain a Sportrecs account that allows using video player for consideration payable by Sportrecs.

2. Options
2.1. You may select different media for placement of the Sportrecs video player within the options and limitations provided by the Services interface.

3. Permissions
3.1. You may remove Sportrecs video player from your media at any time at your sole discretion.

3.2. You are hereby notified and agree that Sportrecs will unilaterally determine the content shown in Sportrecs video player, and that such content may be accompanied by any additional and auxiliary content.

4. Payment for advertising views
4.1. Fee: The basic fee paid to you by Sportrecs is:

a) “Pre-roll” format - 1 (one) US dollars per each 1000 (one thousand) views of advertising views in the Sportrecs video player by users in your online media.

b) “In-image” format - 0,5 (zero point five) dollars per each 1000 (one thousand) views of text and graphic advertising materials by users in your online media.

The amount of fee may be calculated based on other rates, both in relation to the indicated advertising formats, and in relation to other advertising formats, information about which is available to you in your Sportrecs account.

Your individual terms of fee conditions will be stated in your Sportrecs account.

4.2. For the purposes of this Agreement, “Pre-roll" viewing means viewing by the user of advertising materials in the Sportrecs video player placed in your media by clicking on the view button in the Sportrecs video player or automatic video playback in the Sportrecs video player. At the same time, the duration of such advertising viewing by the user must be at least 25% (twenty-five) percent of the total duration of the advertising material.

4.3. The fees payable to you will be paid no later than 62 (sixty-two) days from the end of the Reporting Period. The Reporting period is one calendar month.

4.4. Within 15 (fifteen) business days after the end of the Reporting Period, Sportrecs will send you a report indicating the amount of your fee to the email address specified by you in your Sportrecs account.

4.4.1. You undertake to review the Report within 20 (twenty) business days from the date of receipt of the Report to your email. In case of disagreement with the information provided in the Report, you have the right to send Sportreсs a reasoned refusal to approve the Report. If Sportrecs has not received a reasoned refusal from you to approve the Report in this period, the Report is accepted by the Parties, and the amount of your fee specified in the Report is considered agreed. The Report is the basis for making calculations of your fees, and further claims based on the data of the Report are not accepted.

4.5. Payment of your fee is made on the basis of a Report for the Reporting period, subject to the following conditions:

4.5.1. The total amount of the fee for the Reporting period was at least 50 (fifty) US dollars excluding tax (if applicable).

4.5.2. You have accepted the terms of this Agreement by accepting this Agreement on sportrecs.com, and also provided up-to-date information on all required fields in your Sportrecs account.

4.6. Statistics of advertising views will be calculated by Sportrecs and will be available to you in your Sportrecs account.

4.7. Sportrecs will make all payments to your payment method supported by Sportrecs and specified in your Sportrecs account. You represent that all information provided by you in the Sportrecs account is accurate, complete, and up-to-date. You agree to promptly update information you previously provided if it becomes inaccurate.

4.8. Sportrecs may withhold your fees or make adjustments to your fees: (a) to satisfy any amounts owed by you to Sportrecs; or (b) pending any investigation of breach of our Terms of Service, fraud, or other illegality.

4.9. Sportrecs may review and analyze statistics of advertising views in your media any time, including any previous periods, and make adjustments/deductions of advertising views and amounts due or paid to you in case if we reasonably believe that the amount of advertising views was affected by fraud or any other activities which resulted in artificial increase of the amount of advertising views. Sportrecs will make adjustments and deductions at its own discretion, regardless of the reporting and accounting data in your account. We reserve the right to terminate this Agreement unilaterally and suspend your rights to use Sportrecs video player in your media.

5. Taxes
5.1. You are solely responsible for determining and complying with your tax obligations. Sportrecs does not provide legal, tax, or accounting advice. You should consult your tax advisors concerning the application of tax laws to your particular situation.

5.2. Sportrecs may withhold amounts from any amounts due to you that Sportrecs determines in good faith must be withheld pursuant to tax law. Sportrecs may file reports concerning income with any taxing authority. You must provide all tax and identity documentation that we request in order to make payments to you.

5.3. The amount of fee paid to you includes any taxes paid by you (VAT, income tax, etc.), if otherwise is not provided by individual conditions under this Agreement and is not specified in your statement of accession.

6. Compliance
6.1. You must comply with Sportrecs’s Terms of Service for Media at all times. Sportrecs may suspend, limit, or disable your account and access to the Services, for any violation of our Terms of Service for Media.

6.2. NOTICES: You must send us any legal notices by email at hello@sportrecs.com or at the address provided in Chapter 7.

6.3. The terms of this Agreement as amended come into force from the date of publication on this page. The publication date is indicated at the top of the page of the site in the «Change History» column.

7. About Sportrecs

Sportrecs Holding LTD
Company number 12983212
71-75 SHELTON STREET
COVENT GARDEN
LONDON
UNITED KINGDOM WC2H9JQ