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An Affiliate Agreement is a document through which two parties, the company and the affiliate, form a relationship whereby the affiliate receives funds for certain qualified actions.
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 companies who have an affiliate program, you will often have a standard boilerplate agreement that is required for all new affiliates to sign. Two of the most vital parts of your agreement that should be included in your contract are the legal and monetary stipulations.
An affiliate agreement refers to the terms of services between an advertiser and an affiliate (generally a publisher or website) that oversee and define the affiliate relationship.