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The affiliate marketing agreement should include the affiliate's role, the promotional guidelines an affiliate should follow, and how to earn commission. It should also lay out your company's role, responsibilities, and the commission you offer in the affiliate program.
What Are Affiliated Companies? Companies are affiliated when one company is a minority shareholder of another. In most cases, the parent company will own less than a 50% interest in its affiliated company. Two companies may also be affiliated if they are controlled by a separate third party.
Af·?fil·?i·?ate ?-?fi-l?-?t. : an affiliated person or organization. specifically : a business entity effectively controlling or controlled by another or associated with others under common ownership or control compare parent sense 2, subsidiary.
The affiliate marketing agreement should include the affiliate's role, the promotional guidelines an affiliate should follow, and how to earn commission. It should also lay out your company's role, responsibilities, and the commission you offer in the affiliate program.
For purposes of this Agreement, ?Affiliate? means a Person that directly, or indirectly through one or more intermediaries, owns or controls, is owned or is controlled by, or is under common ownership or control with, another Person.