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3.1<\/strong> The Operator hereby acknowledges that KR may provide affiliate services to the Operator\u00a0in terms of these T&Cs.
KR will take all reasonable measures to comply with the Operator\u2019s guidelines on\u00a0compliance standards. In order to do so, the Operator shall assist KR by providing a\u00a0minimum of fourteen (14) working days\u2019 notice of any updates to such standards.<\/p>\u00a0<\/p>
3.2 KR shall be entitled to obtain the Fees upon and\/or pursuant to the registration of a\u00a0Referred Player on a Website. For the sake of clarity, in the event a Referred Player will register on more Websites, KR shall be entitled to obtain multiple Fees depending on the number of registrations carried out by such Referred Player.\u00a0The Fees will be made up of either a CPA, a Revenue Share, a hybrid model consisting of both CPA and Revenue Share or any alternative model that is agreed upon in writing by way of the IO, as a reward plan by both Parties.<\/p>
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3.3<\/strong> Any variation or changes to the Fees (including the component elements thereof) as duly\u00a0set forth in the relevant IO, shall only be effective if expressly agreed in writing by each of the Parties. Any purported variation or changes to the Fees not fulfilling this requirement, shall be considered invalid and require adjustment ex post.<\/p>\u00a0<\/p>
3.4<\/strong> The Fees shall be computed and paid monthly in arrears by no later than four (4) weeks\u00a0from the end of each month and shall be exclusive of any value added tax and any other tax, duty or level or similar charge which may, from time to time, be imposed or withheld.<\/p>\u00a0<\/p>
3.5<\/strong> In the event the Operator fails to pay any amount due to KR by the due date, KR shall have\u00a0the right to charge, on the overdue amount, the highest lawful rate permissible under applicable law. For avoidance of doubts, such interest rate shall be charged from the day following the date the payment is due.<\/p>\u00a0<\/p>
3.6<\/strong> The Operator\u2019s obligation to pay the Fees shall survive any termination of the Agreement\u00a0irrespective of the cause of such termination or of the Party initiating or otherwise causing such termination.<\/p>If the Fees consist of or comprise the Revenue Share, the Operator shall bind itself to continue paying the Fees to KR at the same rate which is set forth in the Agreement. For the sake of clarity, the Operator accepts to pay the Fees to KR with respect to the Referred Players who (i) registered on the Websites during the course of the Agreement, or (ii) re-register to such Websites subsequent to the termination of such Agreement. Unless otherwise agreed in writing\u00a0 by the Parties, such Fees shall remain due and payable to the same extent throughout the Lifetime of each Referred Player.<\/p>
This condition also applies to CPA counts and the CPA counts of hybrid deals, where a Referred Player was registered pre-termination but triggered the CPA after the termination of the Agreement.<\/p>
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3.7<\/strong> The Operator accepts that KR Accounts shall remain open after the termination of the<\/p>Agreement. In the event an affiliate program is closed, but a Player Account remains open, KR shall be entitled to receive full Revenue Share, and\/or late triggered CPA counts. The Operator commits to providing monthly reports including all major key performance indicators including but not exclusive to\u00a0\u2013 deposits, active accounts, First Time Depositors, Referred Players, Gross Revenue, Net\u00a0Revenue, Revenue Share and the Fees.<\/p>
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3.8<\/strong> Any Referred Players who closes a Player Account and opens a new account with the\u00a0Operator shall also be considered as a Referred Player, and thus fall under the commission model owed to KR.<\/p>\u00a0<\/p>
3.9<\/strong> The Parties agree that the nature or extent of expenses taken into account in respect of\u00a0the Administration Costs shall not be adjusted by the Operator except with the prior written consent by KR.<\/p>\t\t\t\t<\/div>\r\n\t\t\t<\/div>\r\n\t\t\t\t<\/div>\r\n\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t