Exhibit 10.15
IgnitionOne Terms
AdJug Publisher Payment Policy
Please note the following changes to the AdJug invoicing policies
& procedures:
| · | Publisher's payable revenue will be based off AdJugs's monetized impressions which can be found in the reporting area at www.adjug.com
/ www.adjug.de. |
| · | Revenue is calculated on a calendar month basis and it’s preferable that invoices are submitted on a monthly basis with
the description clearly stating the payment month. |
| · | Payment will only be made to those publishers that have generated over £50 /€50 within one month (exclusive of VAT).
If your revenue is less than this minimum amount, your revenue will be rolled over to the next month until you hit this threshold. |
| · | An invoice must be submitted within six (6) months for payment to be made. NB: invoices cannot be backdated. |
| · | Invoices will only be accepted on or after the 6th of each month at which time reconciliations will be finalized |
| · | Invoices for revenue earned from UK websites in GBPs will only be accepted in GBPs and : |
| o | Emailed to: accounts@adjug.com |
| o | Faxed to: +44 (0)207 428 4421 |
| o | Posted to Accounts Department, AdJug Ltd | Variety Club House | 93 Bayham Street | London | NW1 OAG | United Kingdom. |
| · | Invoices for revenue earned from DE websites in Euros will only be accepted in Euros and must be made out to
AdJug GmbH, Bayerstraße 69, 80335 München |
| o | Faxed to: +49 (0)89 21 02 998 899 or |
| o | Posted to: Tobias Horch, AdJug GmbH, Bayerstraße 69, 80335 München. |
| · | Payment will be made by cheque within the 1st week of each month but no earlier than 45 days from date of invoice received.
|
| · | For further details relating to Fees and Payment, please refer to clause 11 of the AdJug T&C’s |
| · | If you have any queries with regard to the AdJug Publisher Payment Policy, please do not hesitate to contact either Joshua
Rohrlach, Publishing Account Manager on +44 (0) 207 4284 436 or joshua.rohrlach@adjug.com or Tobias Horch , Publishing Manager
on +49 89 210 2998 890 or tobias.horch@adjug.de |