Vendor Agreement

Introduction
Amx Madbox is a digital solutions venture and provider of comprehensive e-commerce services. Amx Madbox via its digital web store , aims to allow users discover and buy African music and sound effect from Artist, Producers and Record labels

Becoming a Vendor

1. Becoming a vendor is free: Becoming a Vendor and putting your items up on Amx Madbox is free but there is a review process. There are a few things you warrant in exchange for the right to be a vendor, which are outlined in these 
2. Process to become a vendor: There are easy steps you follow to sign up as a vendor, which you find in the Sign Up Page .

How selling your items works

8. What you’re providing:
   1. License: When you ‘sell’ an item, you’re making your item available to buyers and downloaders to use that item under certain conditions; you’re not actually selling the item itself. What you’re selling includes a license directly to the buyer or downloader to use that item under the relevant license options that we set.

For the different types of licenses and detail about what rights you are licensing see our licensing page. Take a moment to understand how your work will be licensed

9. The total price for an item on Amx Madbox is made up of:

1. 1. Item price: The item price is made up of a license fee (for the license chosen for the item), and if relevant the item support fee (for supported items).
   2. Buyer fee: This is the fee buyers pay Amx Madbox for the buyer services we provide buyers.
   3. Taxes: Some transactions may be subject to tax that may be added to the price.
   4. Your earnings; vendor fee: When your item is sold on Amx Madbox, you will earn the item price component of the list price less a vendor fee that we charge. The vendor fee is what you are charged by Amx Madbox, for use of our platform and services as a vendor. The Vendor shall be 35% of the Selling prize.

12. Setting the prices of items: Amx Madbox is responsible for setting the prices for your items

13. Review: We have rules about what we accept and don’t accept Although we always like to provide constructive feedback we’re not obliged to give you any reasons for rejecting your item. We have the final say on whether items are accepted Amx Madbox,
14. 14. No Variation: You are not permitted to vary these terms as they apply between you and buyers, or to offer your items on different terms or with additional terms (for example, through your item description pages). Any different or additional terms that you try to impose on Amx Madbox, on your items will have no effect against buyers or Amx Madbox

How do payments of earnings work

Earnings payment:

15. We will pay you the item price component of the total price less the vendor fee (‘your earnings’ or ‘earnings’). In order for us to do this, you vendorise us to collect payments, to credit your Amx Madbox account with your earnings, and to payout your earnings to you. Only your earnings from the sale of your items will be payable to you.
16. Thresholds: We’ll make payments of your earnings based on certain minimum threshold amounts.
17. Earnings payment timing and methods:

1. You ask us to hold the balance of your earnings until they are paid out to you, the Amx Madbox, You can set up an automatic payment destination which must be owned by you, the Amx Madbox Account holder. Where your earnings reach certain threshold amounts, we make monthly payouts of your earnings to your payment destination.
2. You must provide us with the correct details and payment method when you set your payment destination.
3. Despite the terms above, we reserve the right to pay your earnings to you, at any time, at our discretion.
4. You may bear some or all expenses incurred by us in paying monies to you.
5. Potential deductions:
6. Payment methods available for buyers to buy your items involve payment agents that have their own standard terms and conditions regarding refunds, chargebacks, fees and unvendorised transactions (which we don’t control). If an Amx Madbox transaction on an item is subject to payment agents’ refunds, chargeback, fees or unvendorised transactions, we may automatically deduct those amounts from your Amx Madbox
7. You or we may also decide to issue a credit or refund to a buyer in certain circumstances involving issues with your item or transactions that may be reversed for other reasons. If that happens, we reserve the right to deduct from your Amx Madbox account any amount that would otherwise be payable to you.
8. If you breach any warranty you have made to us we may offset any amount that we have to pay to anyone else as a result of your breach, against any payments due to you.
9. Payment errors: We will continue to hold your earnings if we’re not able to pay your earnings to you for whatever reason, including if:
10. we do not have the correct payment details;
11. we can’t contact you using the contact details that you have supplied;
12. you have not made a request for payment; or
13. you are asking for payment to be made to a person, an institution or a country that we’re legally prohibited from making payments to, or where there are limitations in the banking systems.
14. Currency conversions: Whenever we make a payment to you as an vendor, you are responsible for all costs of converting the amount of the payment into your preferred currency. Your financial institution does the currency conversion and may charge you additional fees (we don’t control either the conversion rates or your financial institution’s fees).
15. Holding earnings: If we decide that an item of yours does not comply with an applicable law or any of our rules or guidelines, we can at our discretion disable the item or your membership. We may also hold any earnings on that item or your account for up to two years, and may release those held earnings during that period if we are satisfied that any dispute or issue about your item has been resolved.

Vendor house-keeping

23. Taxes that apply to your supplies:
24. As an vendor on Amx Madbox, you are responsible for paying any taxes that apply
25. If required by law, we may deduct or withhold taxes (including withholding tax) in connection with your being an vendor. If so, we will give you relevant documentation that’s required by law about the deduction or withholding (like documentation allowing you to access rebates or credits, or to manage your tax affairs).
26. We may collect geographical location information to determine your location. You may be required to give us tax-related documentation or information to help us identify you. Information and documentation may be used for tax purposes, so the information you give us must be accurate.
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29. Invoices: We will issue invoices (or in some cases tax invoices) for transactions between vendors and buyers on Amx Madbox.

Your warranties and responsibilities:

26. As an vendor you warrant to us and each buyer of your items that:
27. the item is of acceptable quality and fit for the purpose for which it is ‘sold’;
28. the item matches the description given by you on the item preview page, as well as any item preview;
29. you will honour any express warranties given to buyers that are not contained in the Amx Madbox Terms;
30. you have rights necessary to license that item on the terms of the applicable license;
31. the buyer’s use of that item in accordance with the terms of the applicable license does not infringe the intellectual property rights of someone else;
32. the item and its description are not false, inaccurate, misleading, fraudulent, unlawful or defamatory;
33. the item and its description do not violate any applicable law or regulation (including those governing export control, consumer protection, unfair competition, criminal law, pornography, anti-discrimination, trade practices or fair trading);
34. the item does not contain viruses or other computer codes, files or programs which are designed to limit or destroy the functionality of other computer software or hardware;
35. where relevant, you have the appropriate model or property release for your item and you can produce a copy of that model or property release when requested by us or a buyer of your item; and
36. you will process a buyer’s information in accordance with applicable privacy law and data protection regulations.
37. If you make your items available on Amx Madbox for free, then the warranties you make to buyers also apply to anyone who downloads your item from Amx Madbox. In certain circumstances, we may also allow a buyer to purchase an item for another member, and in this case you also agree that these warranties apply to the member for whom the item is purchased.
38. You give an indemnity (legal protection) to and are liable to each buyer of your items
39. As an vendor you warrant to us that:
40. you will not use Amx Madbox to offer non- Amx Madbox goods or services to buyers;
41. you will not buy your own items;
42. you will follow any vendor guidelines provided by us, act in good faith, and provide assistance and co-operation as we reasonably request;
43. information and documentation you give us (like your name and address) is accurate; and
44. Buyers’ use of your item: We are not liable for any loss suffered by you as a result of a buyer or any other person making use of your item contrary to the Amx Madbox Terms or the item’s license.
45. Other vendors and affiliates’ use of your item: A Amx Madbox affiliate can use your item thumbnail previews in their promotion of Madbox and no compensation is due for these uses. A fellow vendor may use a watermarked preview of your item in a preview of another item on any Madbox site without requiring your permission and without compensating you. The watermarked item is credited either by providing a link to your item on the Madbox or by otherwise attributing your Madbox item to you.
46. Our use of your item: We may use the whole or part of your items to promote Madbox. This promotional use may include use in public relations, emails, on a features page, or on other sites (e.g. social networks). No compensation is payable for these uses.
47. Item removal: We have the right to remove an item for any reason, using our reasonable discretion. For example, we may review the libraries to keep Madbox fresh and full of quality items that meet the latest technical standards and market trends. Also, issues about an item might be brought to our attention such as errors, representations, or even violations. Our goal is always to address these situations with you constructively. We also aim to give you notice before an item is removed, but this is not always feasible or possible, so we can’t guarantee this. We will not be responsible for any loss that you may suffer as a result of your item being removed.

Personal information

34. In order to facilitate a transaction on Madbox, we may provide you with relevant buyer information and also may provide buyers with your relevant information (for example for invoicing or item support services). You agree that you will keep buyer information confidential and only use this information for that Madbox transaction in compliance with applicable privacy and data protection laws.
35. If, over and above what Madbox provides you with, a member or a model (via a model release) voluntarily provides you with (or your item accesses or uses) usernames, passwords, photo identification or other personal information of the member or model (personal information), you must:
36. provide a privacy notice, making the member or model aware of their personal information that you will receive and how you will handle that information;
37. obtain the member’s or model’s permission to use their personal information;
38. use the personal information only for the limited purposes for which the member or model gave permission; and
39. meet any privacy and spam law requirements that apply to you.

Special arrangements

Special deals and promotions

36. Sometimes we might negotiate volume sales or other arrangements with buyers as part of creating business development opportunities for vendors (special deals). In order for us to make this possible you give us permission to negotiate special deals. We might also offer pricing promotions to Madbox buyers
37. Given the nature of special deals, the prices of your items under the special deal may vary from the advertised item price. This means that your earnings on the sale of your items in a special deal may not always be determined by reference to the advertised price of your item on Madbox. Given the nature of special deals and special promotions, the vendor fee may differ for special deals or special promotions.
38. Before your item is included in a special deal or special promotion, we’ll provide you with information about the special deal or special promotion, item pricing and vendor fee. You can opt out of participating in a special deal or special promotion if the deal involves a change to the vendor fee. We will let you know the time frame to opt out, and if you don’t do so, your item will be included in the special deal or special promotion.
39. Special deals and special promotions might also involve you entering supplementary licensing arrangements to allow the buyer to use your item in particular ways. If these supplementary licenses are substantially different from the standard Madbox licenses, you will also have the opportunity to opt out of participating in the special deal or special promotion within the time frame we set out when we make the offer to you.

Legal housekeeping

40. Relationship between us and you:Nothing in these terms is to be construed as constituting a partnership, joint venture, employment or agency relationship between you and us. Neither you nor us can act on behalf of the other in any way. However, you appoint us as your limited agent only for these specific purposes:
41. for receiving Buy Now payments from buyers (the buyer’s obligation to pay you for an item will be met when they make a Buy Now payment to us or Madbox Company);
42. for passing on your warranties to buyers

Version 6.8 – Effective date: Jan 02, 2022. Terms.