TIK TOK ANCHOR AGREEMENT
This anchor agreement is stated on ../../2022
1 (Party A):
Title: RCC International Ltd.
Yiwu Runzhou Co., Ltd.
Contact: +8613438310817
2 (Party B):
Name:
Nationality:
Passport ID:
Party A is the owner of the Tik Tok account and is subject to the
regulations and rules of Tik Tok mother company.
Party B is the /representative of the tiktok account
BACKGROUND
This endorsement, a promotional branded agency guild agreement, sponsored and
appointed by Party A to Party B, aims to increase sales, bandwidth, Tiktok support, commercial
support and exposure for Party B’s content on Party A’ s personal Tik
Tok account. Party B agrees to be endorsed by Party A in the joining of Party A’s
guild upon the signing of this agreement.
I. DUTIES
1.1 The Endorsement process is subject to the time frame and both
Parties must do their best to meet the Timeline in accordance with the terms and
Conditions
Party A needs to activate an international Tik Tok account for the Arabic region. Party B needs to
maintain the account and ensure the account meets all Tik Tok
platform rules. Party B needs to upload videos and streaming for no less than 80 hours per a
month. Content should be original, interesting and lead to increase in follower
numbers and gifts. The general direction of the content should be communicated
to a liaison designated by Party A prior to starting and stated here in the contract:
Party B elects to provide content in the area of (list general direction below):
1.
2.
3.
4.
If followers are not satisfied with the video resulting in no follower raise and gifts, Party A may
consult with Party B to adjust content or make modifications.
Party B
should strive to maintain good content leading to follower increase and gifts.
For new accounts, Party B needs to warm up the account prior to actual
streaming, including: adjusting background information on the account to reflect
international/regional information.
maintaining an initial lively presence including sharing videos, adding followers, commenting on
other peoples videos.
upload initial videos to warm up the account for 7 days before uploading really
exciting videos.
attending training
1.2 The Instructions (“Instructions”) are stated below. Publish
Tik Tok
Publish Tik Tok
Platform
Channel ID The ID should be provided by Party A to Party B so party B can be
registered in the Tik Tok guild
Other Monthly tasks for payment (can work from home or abroad)
Requirements 1. Streaming video no less than 80 hours per month
2. Recruit other Arabic anchors to participate in your channel
3. Provide interesting content and video
4. Party A reserves the right to deduct or prorate salary if the
contents of Party B are deemed sub-standard or low quality
based on comparisons to other Tik Tok accounts. Likewise,
the same applies if insufficient hours (less than 80) are
streamed for that month. Full penalty can be incurred if
content touches on sensitive political, religious, sexual, violent
or other illegal issues.
1.3 Party B shall complete the Endorsement process according to the Timeline in
Clause1.1 and the Instructions in Clause 1.2
1.4 For the duration of this contract, Party A is the exclusive agent for Party B and
Party B cannot have another TIKTOK account but the one given by party A or sign onto other
agencies/guild/company or faces a penalty of 300% of the net income generated from the Tik Tok
account/ID during the contract period
1.5 Party B shall uphold the partnership with Party A faithfully and diligently, not to
make a damage on each other’s reputation, and not to allow their interests to
conflict with their duties under this Agreement.
II. PAYMENT
2.1 The monthly endorsement fee with guarantee base has been agreed by both
Parties to be 300 usd . This fee is in the form of guarantee base income
inclusive of Tik Tok payments to Party B. Party A receives income from Tik Tok
. Party A guarantee base is to
augment the amount received by Party B if it is less than 300 usd and in
addition to the amount given by Tik Tok. For example, if the acounts receives 100
Usd from Tik Tok, Party A shall augment 200 usd to Party B for that month. However, for exemple
if Party B receives 600 usd from Tik Tok, Party A will pay party B ( 300 usd(basic salary) +
20%*(600-300))= 360 usd
ones you get to : 100000 follower you get 300usd + 50%
200000 follower you get 300usd + 70%
300000 follower you get 300usd + 80%
2.2 The payment should be transferred to Party B -
Zelle Account: ________________ Or
PayPal Account: _______________ Or
Chinese bank account: _____________________
(invoice from Party B is needed – if no invoice is available, tax in
China is about 6% for low income brackets)
2.3 Party A must transfer the payment to the account in Clause 2.2 within 12-20 business
days after Tik Tok financial payout dates for the international market. Rules of
payment are designated by Tik Tok and neither Parties are responsible for setting
the rules. If Tik Tok makes international regulations adjustments, all parties
must adhere. Personal income tax, money wiring costs to target country and
adherence to local tax rules for the country you are at are borne by Party B. Corporate taxes are
borne by Party A.
2.4 The start date of monthly endorsement is after Party B is set up and after account
is set up, and warmed up with at least 5 videos (i.e. at least 7 days of warm up to get to 1000
follower ) and after signing on the contract and registering with the Party A Tik Tok guild in
the international platform (Party A will assist and confirm the registration with Tik
Tok international).
2.6 If there is any error in the operation and miss error of the account by Party B
leading to a temporary banning of account leading or a stop in follower raise, Party A reserves
the right to temporarily freeze payment until the problem is
adjusted by Party B or the Tik Tok temporary ban is lifted. Time during this
period is not counted towards the monthly endorsement fee.
III. INTELLECTUAL PROPERTY
3.1 All Intellectual Property Rights in and to any materials produced by Party B follow
Tik Tok platform’s copyright and intellectual laws. Party B must not have
plagiarism of other anchor’s work in his/her contents. If Party B’s content leads
to banning of ID due to violation of Tik Tok platform rules, Party A reserves the
right to cancel payment and/or seek compensation from Party B. For disputes
relating to banning of IDs, Tik Tok platform has the final say.
IV. CONFIDENTIALITY
4.1 Each party undertakes that it shall not at any time disclose to any person any
confidential information concerning the business, affairs, customers, clients or
suppliers of the other party or of any member of the group of companies to which
the other party belongs.
4.2 No party shall use any other party’s confidential information for any purpose other
than to perform its obligations under this Agreement.
V. GENERAL TERMS
5.1 Each party irrevocably agrees that the courts of People's Republic of China and the Kingdom
of Morocco shall have exclusive jurisdiction area of Party A to settle any dispute or claim arising
out of or in connection with this Agreement or its subject matter or formation (including
non-contractual disputes or claims).
5.2 The length of this contract is 5 years from the signing date
Renewable if both parties come to an agreement .
Both parties clearly understood and agreed to obey the terms and conditions under
this Agreement.
Party A Party B
Yiwu Runzhou E-Commerce Co., Ltd. Name:
Signature: Signature:
Date: