SILTFO AFFILIATE PROGRAM
(UPDATED, 22ND JUNE
NOTE: PLEASE CAREFULLY READ ALL
CONTENTS OF THIS AGREEMENT BEFORE YOU ACCEPT THIS AGREEMENT. IF YOU HAVE ANY
QUESTIONS ABOUT ANY TERMS HEREIN, PLEASE MAKE YOUR INQUIRIES WITH SILTFO AND SILTFO
WILL PROVIDE FURTHER EXPLANATION. IF YOU DISAGREE WITH ANY CONTENT CONTAINED
WITHIN THIS AGREEMENT, OR HAVE DIFFICULTY IN UNDERSTANDING THE EXPLANATION OF
THE TERMS PROVIDED BY SILTFO, PLEASE DO NOT CONDUCT ANY FURTHER OPERATION.
This SILTFO Affiliate Network
Program Service Agreement (the “Agreement”) contains the terms and
conditions that govern your participation in the SILTFO Affiliate Network
Program (the “Program”).
By clicking “CONFIRM” or “I
AGREE” in the webpage or otherwise accepting this Agreement and all its related
Insertion Order(s), or having actually used the services contemplated
hereunder, you have reached an agreement with SILTFO and agreed to all terms
herein. You acknowledge and agree that you have independently evaluated the
desirability of participating in the Program and are not relying on any
representation, guarantee, or statement other than as expressly set forth in
this Agreement; and hereby represent and warrant that you are lawfully able to
enter into contracts (including but not limited to representing and warranting
you are not a minor) and that you are and will remain in compliance with this
Agreement. In addition, if this Agreement is being agreed to by a company or
other entity, then the person agreeing to this Agreement on behalf of that
company or entity hereby represents and warrants that he or she is authorised
and lawfully able to bind that company or entity to this Agreement.
This Agreement includes the
main body, appendices and all rules that have been already published and
updated from time to time or may be published in the future for the Program,
which shall be an integral part hereof and be equally binding with the main
body. SILTFO has the right to from time to time revise this Agreement, the
appendices hereto and rules hereunder and relevant contents.
“we” or “our” in this Agreement means SILTFO GLOBAL SERVICES
LIMITED, a company incorporated under the laws of the Federal Republic of
Nigeria and having its registered address at 43 Oritshe Street, Bulogun Bus
Stop, Obafemi Awolowo Way, Ikeja Lagos Nigeria. “You”, “your” or
“Participant” means the applicant for the Program. Each of siltfo.com
and Participant is referred to as a “Party” and collectively as “Parties”.
“Siltfo.com” means a web application
for B2B+B2C online marketplace for buying and selling of unlimited categories
of products, foods, groceries, electronics etc.
“siltfo.com Content” means artworks, graphics, logos, and copies of siltfo.com
Product that are made available by siltfo.com to you for advertisements on
websites or other media controlled by you. siltfo.com Content excludes any
data, images, text, or other information or content relating to products or
services offered by any website other than the siltfo.com Platforms.
“Siltfo.com Products” means any product
that is offered for sale by sellers on the siltfo.com Platforms.
“Siltfo.com Site” means the website with
the URL: http://www.siltfo.com
“Buyer” means a registered or (guest) user
of siltfo.com Platforms who will make or has made a purchase of siltfo.com
Products of the Siltfo affiliates activation mall.
1 5 “Club
point” means digit numbers the all buyers both affiliates and non-affiliates earn during product purchase which are convertible to shopping payment wallet.
means the payment of the participant’s royalty paid into the local bank details they provided on their dashboard.
1 45 “Coupon” means a voucher code that entitled the holder to a discount purchase of a particular product
1. “Affiliate” means a registered user of siltfo.com Platforms whose account is
activated with an affiliate activation purchase of N10, 000.
“Affiliate earning percentage from the
Affiliates’ mall” means a certain percentage affiliates’ will earn from
products purchased from the affiliates’ mall by them and their referral team.
1. 8 “Affiliate earning percentage from the
public’ mall” means a certain percentage affiliates’ will earn from products
purchased from the public’ mall by them and their referral team
1. 9 “Affiliate
royalties” means a certain amount of cash the affiliates will earn from the provided sources of income from transactions on Siltfo.com
1 13 “Share
and sell royalty” means the cash affiliates earn on social media sales campaign when they share products on the affiliates mall on their social media platforms to engage buyers
1. 10 “Royalty
conversions” means dollar conversion rate of wallets, the percentage of cash that converts to wallet in each earning and PV value
1. 11 “Referral
link” means the affiliate’s membership / referral link that enable him to invite participants into the affiliate program to enable him earn from the purchases of his invited affiliates buyers
1. 11 “Referral
tree” means the mono-line emoji structure that has data contacts of those who signed on Siltfo.com through your referral link, including those who signed up using the links of those under your network
1. 12 “Siltfo
leadership award levels, gifts & royalties” means the leadership positions, levels, gifts, awards and royalties entitled to anyone who attends such leadership levels
1 12 “Fraud” means any action
that intentionally attempts to create sales, leads, or click-throughs using
robots, frames, iframes, scripts, or manually “refreshing” of pages, for the
sole purpose of creating commissions.
Property Rights” means patents, rights to inventions, copyright and related
rights, trademarks, trade names, domain names, rights in get-up, rights in
goodwill or to sue for passing off, unfair competition rights, rights in
designs, rights in computer software, database rights, topography rights, moral
rights, rights in confidential information (including without limitation
know-how and trade secrets) and any other intellectual property rights, in each
case whether registered or unregistered and including all applications for, and
renewals or extensions of, such rights, and all similar or equivalent rights or
forms of protection in any part of the world.
means a Participant who controls a number and variety of websites, newsletters,
or other third party online or offline media whereby the Siltfo.com Products
can be placed.
Site/Media” means the website or other online media controlled by you
whereby you have the right to place advertisements of Siltfo.com Content
pursuant to the Program.
means a Participant who is an individual or entity that controls a website
(including its pop-up links, SEM links, SEO links, email links and other
traffic sources on the website) whereby the Siltfo.com Products can be
advertised through the placing of Siltfo.com Content on the website.
Purchases” means purchases completed by the Buyer on the Siltfo.com Platforms
via your advertisement or referral link on Siltfo.com platform. A purchase
shall only be deemed to be “completed” by a Buyer if the Buyer has taken the
requisite steps required by the Siltfo.com Platforms for acknowledging
transaction completion. For the avoidance of doubt, transactions on the Siltfo.com
Platforms that are refunded by Buyer shall not be deemed as a Qualifying
to Server Post-back” means Siltfo.com’s recording of the data of the
Buyer’s action on its own server and the subsequent reporting of the data to
you by utilizing a URL provided by you, which contains a code to track the
number of Buyer(s) who visited Siltfo.com Platforms and the corresponding action
of such Buyer(s). Whenever a Qualifying Purchase occurs on the Siltfo.com
Platforms, Siltfo.com will generate a server request to you and you will record
the data accordingly.
means all federal, state, provincial, territorial, county, municipal, local or
foreign taxes, including but not limited to sales, use, license, excise, good
and services, value added, stamp or transfer taxes, duties, imposts, levies,
assessments, tariffs, fees, charges or withholdings of any nature whatsoever
levied, imposed, assessed or collected by a taxation authority together with
all interest, penalties, fines or other additional amounts imposed in respect
thereof, but for greater certainty excludes any of the foregoing which are
(i) based on gross or net income, (ii) franchise taxes,
or (iii) property, personal property or rental taxes (collectively
"Excluded Taxes"). Each party shall be responsible for
any and all Excluded Taxes that it is liable for under applicable law.
SILTFO affiliate system is designed to enrich affiliates who will make their fortunes via referrals, group or individual purchases from the platform.
EARNING PERCENTAGE FROM THE AFFILIATES’ MALL:
Affiliates will earn 1% - 20% commission on
the products purchased from the affiliates’ mall. Any percentage of commission
places on a product on the affiliate’s mall is considered a 100%, any affiliate
who buys the product will earn 60% of the commission on the product, while 40%
is shared to his 5 direct up-liners.
EARNING PERCENTAGE FROM THE PUBLIC MALL:
Affiliates will earn 4% flat rate on the admin
charges from all product categories on the public mall. 50% of this flat rate
goes to the buyer, while 50% is shared to his 5 direct up-liners
All purchases on Siltfo.com are designed to
generate cash-back profits from sales to the affiliate users and promoters
without an obligatory investment or subscription fee. Below are affiliates’
channels of income from the system.
Below are transactions on Siltfo.com design to
enable affiliates’ to earn residual income.
REFERRAL BONUS: Affiliates will earn 20% cash / PV referral
bonus from the activation package of everyone signing up with their referral
DIRECT PURCHASE BONUS FROM THE AFFILIATES
MALL: Affiliates will earn 60% cash / PV
bonuses from commission percentages on any product they buy from the
TEAM PURCHASE BONUS FROM THE AFFILIATES’ MALL:
Affiliates will earn 8% cash / PV
bonuses from commission percentages on any product their referees buy even till
their 5th generation.
DIRECT PURCHASE BONUS FROM THE PUBLIC MALL: Affiliates will earn 2% cash / PV bonuses
from commission percentages on any product they buy from the public mall.
TEAM PURCHASE BONUS FROM THE PUBLIC MALL: Affiliates will earn 0.4% cash / PV bonuses
from commission percentages on any product their referees buy from the public
mall even till their 5th generation.
SHARE AND SELL REYALTY: Affiliates will earn total percentage of commission
on any product they share on the social media when it’s purchased.
VENDOR SALES BONUS: Affiliates will earn 1% cash / PV bonuses from
all the sales of the vendors who created a store with their referral link to
sell on Siltfo.com.
One Time Activation Purchase
Being an affiliate will migrate you from a
customer to a business owner who earns cash-back returns from items purchased
both from the public marketplace and from the affiliate’s mall. To be an
affiliate, the system will require you to make your first purchase of items
worth N10, 000 and above from the affiliates’ mall (Logistics cost of N2000
THE REFERRAL SYSTEM
After your affiliates account activation, you
will receive 2 referral links:
A link to refer
b. A link to
You will earn from both affiliates and vendors
who sign up with your referral link. Referral is limitless!
Each person that signs up with your link will
be dropping by the sides to your left and right till infinity. This is an
unlimited front-line referral structure, and you will always earn percentages
from all their purchases. Secondly, each of those people you referred will form
a team of five (5) persons for you as they start referring others, and you will
equally earn from their downlines even till the 5th person under each of
Siltfo pay participant’s royalty on 1st
to 5th days of every month. All payments are made to the local back
account provided by the participants
Participants receive shopping coupon either
through leadership level achievement, or special coupon promo offers.
Club point’s conversion rate is 1 point equals
to NGN1, 360 points equals to $1.
SILTFO LEADERSHIP AWARD LEVELS, GIFTS &
All PV accumulated qualifies the affiliate for
gift, cash, travel, coupon and scholarship awards as detailed in the diagram
Note: This affiliate policy is currently on development
process, more amendment shall be effected for a better customer experience.