COMMISSION-BASED MEMBERSHIP AGREEMENT
In addition to the general 1Commerce.com Membership Agreement, the following terms and conditions apply specifically to the Commission-Based Membership:
Parties to the Agreement
This Agreement is entered into between:
"Your Company", hereinafter referred to as the "Seller",
and
1Commerce.com, operating under the domain www.1Commerce.com, owned by ABBADAI GROUP S.A., a privately held Panamanian company with its principal place of business at:
61 Damascus Street,
Amman, 11183,
Jordan
Email: info@1commerce.com
This Agreement establishes a mutual understanding between the Seller and 1Commerce.com (the "Broker").
The Seller appoints the Broker as a non-exclusive sales agent for products listed by the Seller on the www.1Commerce.com platform ("Products").
The Broker shall be the exclusive broker for the Products on the 1Commerce.com platform.
The Seller warrants that all listed Products are owned by the Seller and are free of liens and encumbrances.
This Agreement becomes effective upon:
Completion of registration by the Seller on www.1Commerce.com,
Payment of the $395 USD Commission-Based Membership fee, and
Activation of membership by the 1Commerce.com administrator.
The Agreement is valid for one year from the date of activation.
All transactions completed during this period are subject to a 1% commission.
The Seller must list a minimum of 10 Products in any main section (Products For Sale, Products Wanted, Services Offered, Services Wanted, Liquidations, Joint Ventures).
At least 5 products must be listed within 30 days of registration.
The remaining products must be added within 60 days.
Failure to meet the initial 30-day requirement may result in immediate termination by the Broker without notice.
The Seller must keep all product information accurate and up to date.
Outdated or incorrect listings may compromise the Broker’s ability to market the Seller’s products.
The Seller may withdraw any product listing at any time with 30 days’ notice in digital or written form.
The Seller agrees to pay a 1% commission on the total transaction value of each completed sale during the membership term.
If no sales are made, no commission is due.
Commissions are deemed earned and payable upon completion of the sale.
The Broker is an independent contractor and not an employee, partner, or legal agent of the Seller.
The Broker shall not bind the Seller to any obligations or agreements.
The Seller is not liable for any expenses or obligations incurred by the Broker unless specifically approved in writing.
The Broker shall indemnify and hold the Seller harmless from any third-party claims resulting from its actions.
The Seller is under no obligation to pursue or finalize any sales opportunity presented by the Broker.
1Commerce.com’s address may change at any time. Any changes will be posted on the website and/or communicated by email. Continued use of the platform constitutes acceptance of such updates.
If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions will remain in full force and effect.
Disputes will first be addressed through good-faith negotiation.
Unresolved disputes will be submitted to binding arbitration in Panama City, Panama, in accordance with the governing law provisions.
Arbitration shall be conducted by a single arbitrator and shall exclude class actions and punitive damages.
Each party shall bear its own costs.
Intellectual property disputes involving 1Commerce.com are excluded from arbitration and may be litigated.
By entering this Agreement, the Parties waive the right to a jury trial for arbitral claims.
This Agreement shall be governed by and construed under the laws of Panama and shall be binding upon the successors, assigns, subsidiaries, affiliates, joint ventures, or partnerships of both Parties.
All notices, requests, and communications must be in writing and delivered via:
Email,
Personal delivery,
Certified or registered mail (return receipt requested), or
National courier (prepaid).
Notices are considered effective only when received and properly addressed.
Headings are provided for convenience only and shall not affect the interpretation or enforcement of this Agreement.
1Commerce.com operates under the domain www.1Commerce.com, owned by ABBADAI GROUP S.A., a privately held Panamanian company.