COMMISSION-BASED MEMBERSHIP AGREEMENT

COMMISSION-BASED MEMBERSHIP AGREEMENT

In addition to the 1Point Commerce membership agreement – – https://www.1Commerce.com/tc-membership-agreement, the following terms and conditions apply to the Commission-Based Membership:

"Your Company", hereinafter referred to as "Seller", and 1Point Commerce, operating under the domain name www.1Commerce.com, which is owned by ABBADAI GROUP, a privately held Panamanian company, having its principal place of business and operations at the following address:

61 Damascus Street, Amman, 11183 Jordan

Website Address: – https://1Commerce.com/ Email: Info@1Commerce.com

PURPOSE

The purpose of this agreement is to establish a mutual understanding between the Seller and 1Point Commerce, hereinafter referred to as the 'Broker'.

  1. The Seller hereby appoints the Broker as a non-exclusive sales agent for Seller’s products listed on the website www.1Commerce.com, hereinafter referred to as "products". The Broker will be the exclusive Broker for products listed on the website www.1Commerce.com.
  2. Seller warrants that products are owned by Seller and are free and clear of any and all liens or encumbrances.
  3. This agreement shall commence upon the date of registration by Seller on the www.1Commerce.com website, the payment of a 395 US Dollars membership fee, and the activation of the membership by the Administrator of 1Commerce.com. The agreement is for a period of one year from the date of activation of membership and is subject to a 1% commission on products sold during the membership term.
  4. Under the terms of this agreement, the Seller MUST list at least 10 Products in the "Products for Sale" OR "Products Wanted" sections on the website of 1Commerce.com, of which 5 products MUST be added within the first 30 days from the date of registration and the rest of the products within 60 days from the registration date. Failure to list a minimum of 5 products within the first 30 days may result in the termination of this agreement by the Broker without notice to the Seller.
  5. Seller MUST keep all information on listed products up-to-date. Failure by the Seller to update any material changes to listed products may negatively affect the Broker’s efforts in the selling process of Seller’s products.
  6. Seller may withdraw product listings, without penalty, upon notification to Broker in any digital or written form within 30 days.
  7. Seller agrees to pay Broker a sales commission when a product is sold during the term of this agreement. The amount of the commission shall be 1% of the total transaction value. If the Seller does not sell any of its listed products, no commission fee is due to the Broker.
  8. Seller agrees that all sales commissions payable to Broker will be deemed earned and payable at the time when the product is sold.
  9. Broker may terminate this agreement at any time without notice to Seller.
  10. Broker shall be considered an independent contractor, and Seller shall not be liable for any expenses, fees, charges, or costs of the Broker's performance, except for out-of-pocket expenses incurred for projects initiated at the specific written request of the Seller. The Broker shall indemnify and hold Seller harmless from any third-party claims arising from the Broker's performance. The Broker is not an employee or agent of Seller or any affiliates and is not entitled to benefits under any of Seller's plans or programs. The Broker does not have the authority to bind or commit Seller to any agreement or obligation.
  11. Nothing in this agreement obligates Seller to negotiate or close any sale opportunity presented by the Broker.

CHANGE IN ADDRESS

1Point’s address MAY change from time to time for any reason. Notice of any changes to our address will be provided by posting the new address on this website and/or informing you via email. It is advisable to regularly consult this webpage for updates, as continued use implies approval of all changes.

SEVERABILITY

If any part or subpart of this Agreement is held invalid or unenforceable by a court of law or competent arbitrator, the remaining parts and sub-parts will be enforced to the maximum extent possible. In such a condition, the remainder of this Agreement shall continue in full force.

DISPUTE RESOLUTION

In case of a dispute between the Parties relating to or arising out of this Agreement, the Parties shall first attempt to resolve the dispute personally and in good faith. If personal resolution attempts fail, the Parties shall submit the dispute to binding arbitration. The arbitration shall be conducted in the city and country of Panama City, Panama, as specified in the GOVERNING LAW provision of this Agreement. The arbitration shall be conducted by a single arbitrator, with no authority to add Parties, vary the provisions of this Agreement, award punitive damages, or certify a class. The arbitrator shall be bound by Panama's applicable and governing law. Each Party shall bear its own costs and fees. Claims necessitating arbitration include, but are not limited to, contract claims, tort claims, claims based on federal and state law, and claims based on local laws, ordinances, statutes, or regulations. Intellectual property claims by 1Point will not be subject to arbitration and may be litigated. The Parties, in agreement with this subpart of this Agreement, waive any rights they may have to a jury trial in regard to arbitral claims.

GOVERNING LAW

This agreement shall be governed and construed in accordance with the laws of Panama. The Parties understand and agree that this agreement shall be binding on and benefit the successors and assigns of the respective parties, including any parent corporation, subsidiaries, or affiliates, joint ventures, or limited partnerships to which either party is a part.

NOTICES

All notices, requests, consents, claims, demands, waivers, and other communications hereunder (each, a "Notice") shall be in writing and addressed to the parties at the addresses set forth on the first page of this Agreement. Notices may be delivered by email or at the address designated by the parties, through personal delivery, a nationally recognized overnight courier (with all fees pre-paid), or certified or registered mail (return receipt requested, postage prepaid). Unless otherwise provided in this Agreement, a Notice is effective only if (a) the receiving party has received the Notice and (b) the party giving the Notice has complied with the requirements of this Section.

HEADINGS

Headings in this Agreement are for convenience only and do not affect the provisions themselves. Headings shall not limit or affect the terms of this Agreement.

1POINT COMMERCE operates under the domain name www.1Commerce.com, which is owned by ABBADAI GROUP S.A., a privately held Panamanian company.