TERMS OF SERVICES

Invoice settlement within 72 hours of receiving the proposal/invoice, and in case of delays, the ad and /or proposal will considered canceled. The Service Requester shall bear all expenses, including but not limited to bank transaction, currency conversion fee.

It is the responsibility of the Service Requester to monitor the influencer's account during the advertisement display. If the Advertisement is coverage with visit, its maximum duration would be one (1) hour.

The information and brief provided are guiding for the influencer and are not binding. The influencer may rephrase the brief/advertisement and present it in their own style according to the brief and content provided by the Service Requester. Infuelncer to mention the key points in the ad as they see fit for his/her followers and to achieve the desired outcome.

Service Requester to deliver the products intended for advertising in their original and compliant state with all necessary licenses and certificates according to with GCC Laws. Service requester to bear fines and responsibility in case of any discrepancies.

In the case of advertising food or pharmaceutical products, it is mandatory for the Service Requester to send the Saudi Food and Drug Authority certificate or any other necessary permits before executing the advertisement.

If the advertisement is for charitable organizations, it is necessary for the Service Requester to send the charity license and the required official documents for it.

The influencer has the right to cancel or postpone the advertisement to another date, for up to a maximum of 30 days, based on their work circumstances, Force Majeure without the need for notifying the service requester or obtaining their approval.

Cancellation Policy: It is understood that the advertisement cannot be canceled after payment is received (fully or partially). In the event of cancellation, the paid amounts includes an ("Agency Fee") of up to 20% calculated from the net total of the invoice will not be refunded under any circumstances and will not be credited towards any other future advertisement as it is agreed upon between the parties that the paid amount in case of cancellation serves as compensation for the reserved advertisement slot/s. If multiple advertisements are requested and specific dates or timeframe for their publication are agreed upon, and the period ends without The Service Requester utilizing all the advertisements agreed upon in this Agreement or sending their content within the agreed-upon timeframe, it is considered a waiver of those advertisements. The Service Requester is not entitled to claim their use or value or Payment

Rescheduling: The Service Requester has the right to request rescheduling of the advertising or the reminders up to (72) hours before the agreed-upon date, provided that the influencer agrees to it. Rescheduling must not exceed (30) days from the originally scheduled date els advertisement considered canceled.

It is agreed that the influencer's responsibility is to take care of advertising displays and achieve the desired outcome, regardless of the advertisement's performance, and it does not affect their financial entitlements.​

The Services Requester is prohibited from recording or filming the advertisement, conducting paid Ads or unpaid ads, run campaigns, reposting content, or utilizing it in any form on any social media platform. Anything published is considered intellectual property of the influencer, and it is strictly prohibited to use or exploit it without written consent from Sharks. In case of violation, the Service Requester or intermediary is liable to pay a fine of (AED 100,000) per day of publication.

If the influencer faces any financial violation, fines, dispute, or other issues due to the content of the advertisement and the information provided therein, the Service Requester is obliged to bear the full cost of those violations or amounts and undertake to compensate the other party for any material or moral damages.

If the advertisement is outside of Jeddah, the Service Requester is responsible for booking and sending Business Class flight tickets for the influencer’s +1 round trip including hotel (5 stars) and transportation.

The Service Requester is fully responsible for content publishing/advertisement on the influencer's platform/s. In the presence of any issues, including but not limited to legal, religious, or social issues. Additionally, the Service Requester acknowledges obtaining all necessary permits and licenses for the advertisement's execution as per the laws and regulations of the Kingdom of Saudi Arabia and and GCC countries.

The Service Requester must maintain the confidentiality of the information, documents, and records provided to them and refrain from disclosing any secrets accessed. The Service Requester or intermediary pledges and acknowledges that they have obtained all necessary approvals for the terms and conditions from any external party.

The Service Requester or intermediary undertakes and acknowledges not to file any legal claims for disputes regarding the terms and conditions.

This Terms of Service will be governed by and construed in accordance with the local laws of Dubai and the federal laws of the United Arab Emirates. Any dispute, difference, controversy or claim arising out of or in connection with this Terms of Service, will be subject to the exclusive jurisdiction of Dubai Courts or as deemed appropriate by Sharks based on The Service Requester or intermediary Head Offices/location

VAT: Unless stated otherwise herein, all amounts expressed to be payable under this Agreement by the Service Requester to Sharks which (in whole or part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of any VAT which is chargeable on that supply. If VAT is or becomes chargeable on any supply made by Sharks to the Service Requester under this Agreement, and Sharks or Infuelncer is required to account to the relevant tax authority for the VAT, the Service Requester shall pay to the Sharks (in addition to and at the same time as paying any other consideration for such supply) an amount equal to the amount of the VAT, and the Sharks shall provide  VAT certificate if applicable.

Force Majeure Means an event beyond the control of the Service Provider or the Influencer which prevents from complying with any of their obligations, including but not limited to: sickness, death, family emergency, travel emergency, work related emergency, or act of God (such as, but not limited to, fires, explosions, earthquakes, drought, tidal waves and floods), war, hostilities (whether war be declared or not), invasion, act of foreign enemies, mobilisation, requisition, or embargo; to the extent that they do not involve [GCC Countries or MENA] or take place outside of [GCC Countries or MEAN]. Sharks or the Influencer shall not be in breach of their obligations under this Terms Of Services nor liable for delay in performing, or failure to perform any of their obligations under this Terms Of Services or incur any liability to The Services Requester for any losses or damages of any nature whatsoever incurred or suffered by that other if and to the extent that it is prevented from carrying out those obligations by, or such losses or damages are caused by a Force Majeure Event. Termination under Force Majeure occurs and its effect continues for a period of (180) days, The Service Requester must give Sharks a notice of termination. If The Service Requester paid any Fee or Payment prior or during Force Majeure event, then The Service Requester will not have any termination right, which shall take effect (180) days after the giving of the notice. If, at the end of the (180) day period, the effect of the Force Majeure continues, the Advertisement/agreement will be terminated.

WAIVER: No waiver, relaxation, forbearance, delay or failure by Sharks in enforcing any fo the terms of this Terms of Service shall affect or restrict the rights and powers of Sharks.

AMENDMENT: No amendment to this Terms & Conditions shall be valid unless it is made in writing and executed by each Parties' authorized representatives.

NOTICE: Any notice or other communication given under this Terms of Service shall be in writing by email address (legal@sharksmgmt.com) for each Party as provided in the Particulars.

Transferring/Paying the amount agreed upon in a Invoice or quote is constitutes   acceptance of the terms and conditions.

This Terms Of Service will enter into force on the date of its publication and will remain valid, binding and enforceable indefinitely.

For questions about T&C: ask@@sharksmgmt.com

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