Terms and Conditions of Being an iTechnology LLC Think Tank Member
Effective Date: Time of form submission
Agreement Between iTechnology LLC ("Company") and the person listed in front of the form ("Expert").
1. Agreement to Participate
The Expert agrees to participate as a member of the iTechnology LLC Think Tank Team.
2. Article Contribution
The Expert agrees to write at least one article in their field of expertise. This article must reference at least one commissionable product that the Expert uses daily in their job. Multiple products can be referenced. These references are mandatory.
3. Company Obligations
iTechnology LLC agrees to:
Create a commission channel for the product(s) referenced in the article within 90 days of article submission.
Make necessary edits to the article to ensure the commission channel functions properly.
List the Expert's photo, bio, and educational experience on the iTechnology LLC website as a Think Tank member.
Allow the Expert to use an alias for their bio and identity if they choose, with the right to disclose the Expert's full name if approached by any legal entity.
Remove the Expert from the website within 30 days upon request. Additionally, iTechnology LLC reserves the right to remove the Expert's information at any time for any reason.
Comply with a request to pull the Expert's article within 90 days, with all commission earned forfeited from the date of the request.
4. Revenue Sharing
The Expert receives 50% of all profited income from the article's referenced product(s), after deducting the costs involved in creating and maintaining the commission channel. The Expert will be paid commission on a 1099 basis and will be responsible for all taxes and levies.
5. Ownership and Editing of Content
The article and all related content created under this Agreement shall be the property of iTechnology LLC, which reserves the right to edit the article's content. The Expert retains moral rights to their work but grants iTechnology LLC the rights to use, modify, and distribute the content.
6. Advertisement Campaigns
iTechnology LLC reserves the right to create an advertisement campaign to promote the article using internal funds up to $1000. These funds will be debited against any commission earned before the commission split is calculated.
7. Term and Termination
This Agreement shall commence on the effective date and shall continue until terminated by either party with 30 days' written notice.
8. Confidentiality
Both parties agree to maintain the confidentiality of any proprietary information received during the term of this Agreement, including the functionality of the iTechnology LLC Think Tank business model. Releasing such information gives iTechnology LLC grounds for recovery of losses incurred.
9. Non-Compete Clause
The Expert agrees not to engage in any business activities that directly compete with iTechnology LLC within the state of New Jersey during the term of this Agreement and for one year following its termination.
10. Non-Solicitation
The Expert agrees not to solicit any employee, contractor, or customer of iTechnology LLC during the term of this Agreement and for one year following its termination.
11. Indemnification
The Expert agrees to indemnify, defend, and hold harmless iTechnology LLC from any claims, liabilities, damages, losses, or expenses arising out of the Expert's breach of this Agreement.
12. Limitation of Liability
iTechnology LLC shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising out of or relating to this Agreement.
13. Governing Law
This Agreement shall be governed by the laws of the State of New Jersey.
14. Dispute Resolution
Any disputes shall be resolved through mediation, and if unsuccessful, through binding arbitration in accordance with the rules of the American Arbitration Association.
15. Entire Agreement
This Agreement constitutes the entire agreement between the parties and supersedes all prior agreements.
16. Amendments
This Agreement may only be amended by a written document signed by both parties.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first above written or at the time of form submission.