Video Partner Program Rules
Last Updated: August 23, 2022
Below are the terms and conditions (collectively, these "Rules") that govern your use of Rec Room Inc.'s ("we", "us" or "our") Video Partner Program (the "Program"), in addition to the Program guidelines. These Rules are part of our Terms of Service. The terms "Rec Room" and "Services" are each defined in our Terms of Service, and "Services" includes the Program. If you do not agree to these Rules, you may not participate in the Program. We reserve the right to modify, amend, or terminate the Program, these Rules, or Program guidelines, and add, remove, or modify eligibility requirements, at any time and for any reason, at our sole discretion. The existence of the Program in no way creates an obligation for us to continue the Program in the future.
BASIC ELIGIBILITY CRITERIA
If you have a non-Junior account, are 18 years of age or older, or 13-17 years of age with a parent or guardian's permission, you may be eligible to participate in the Program if, and only if, you meet the following basic eligibility criteria:
You have signed up for an account with our third party payment processing vendor, Tipalti, met all of its registration and other criteria, and provided all necessary information to set up an account with Tipalti;
You have earned at least $50.00 USD from other Rec Room users choosing to support you by clicking on your profile's "Support" button in Rec Room or by entering your partner code in Rec Room;
A verified email is associated with your Rec Room account;
You are in compliance with our Terms of Service and Code of Conduct, and have not have been suspended in the last 90 days; and
You understand and agree that you must meet any other eligibility requirements that we or Tipalti may establish from time to time in our sole discretion.
THE PROGRAM
After applying to the Program and subject to your eligibility described in Basic Eligibility Criteria section above, we may select you to participate in the Program, at our sole discretion. If you are selected to participate in the Program, we will provide you with a code to distribute through your videos to other users of Rec Room (the "Code"). We retain the right to terminate your participation in the Program at any time in our sole discretion, including for your violations of these Rules, the Program guidelines, create content about exploits that harm Rec Room or our Terms of Service or Code of Conduct.
CONTINGENT REVENUE SHARE
When other users of Rec Room enter the Code or choose to support you by clicking on your profile's "Support" button in Rec Room (collectively, "Supporting Users"), we agree to pay you through Tipalti ten percent (7.5%) of Net Revenue (defined below) of such Supporting Users. We make no commitment whatsoever with respect to Net Revenue to be earned from the Program. "Net Revenue"; means all revenue actually received in cash by us from the sales of in-app purchases of Supporting Users who entered the Code within the previous forty five (45) days, less the sum of (i) added tax and any similar consumption or sales taxes in the world; (ii) applicable platform and distribution fees and costs; (iii) valid refunds, returns, exchanges, or chargebacks, or charges relating to any fraudulent or illegal activity; and (iv) transaction fees, bank transfer, or conversion costs or other charges.
You may cash out your Net Revenue share by logging into your Rec Room account at rec.net and satisfying the below requirements:
i. You have at least $50.00 USD in your account;
ii. You are cashing out $10,000.00 USD or less;
iii. You have not cashed out yet this calendar month; and
iv. You have not violated these Rules, the Program guidelines, or our Terms of Service or Code of Conduct, as determined by us in our sole discretion.
INDEPENDENT CONTRACTOR AND TAXES
We consider you are an independent contractor with respect to the Program, and any such payments in connection with the Program to be for services provided. Nothing in connection with the Program will be deemed to establish a partnership, joint venture, association, or employment relationship between us and you. Prior to any payment in connection with the Program, you will be required to provide or file any information or documentation required by us or Tipalti to process such payment (which will generally include an IRS form W-9). You are responsible for any taxes that may be owed in connection with such payments, except for our income taxes. You are also responsible for ensuring that all payments received are reported to the proper taxing authorities. We will bear no responsibility for withholding or paying your tax obligations, nor will we be held liable for failure by you to pay any tax obligations arising from participation in the Program in a timely manner.