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An affiliation agreement is between a university and another entity for purposes of providing an educational opportunity for students generally in a supervisory situation such as clinical experience, an internship program, or a student teaching assignment.
Generally, affiliation exists when one business controls or has the power to control another or when a third party (or parties) controls or has the power to control both businesses. Control may arise through ownership, management, or other relationships or interactions between the parties.
Definition of affiliation : the state or relation of being closely associated or affiliated with a particular person, group, party, company, etc. The radio station has maintained a longtime affiliation with the concert hall and often has featured performers as guests on the air.
Items that should be included in an affiliate agreement are:The terms of the agreement.Under which circumstances the agreement can be terminated.The relationship of all parties.The responsibilities of both the affiliate and the business.The types of promotional and advertising that the affiliate can utilize.More items...
Updated November 12, 2020. An affiliate agreement forms a legally-binding relationship between two parties (typically, two businesses), where one party (the affiliate) receives compensation for promoting the other (the company) to visitors of the affiliate's website or app.
For example, if you run a content site all about website hosting, you might become an affiliate partner of your preferred web hosting platform, like Bluehost. Then, whenever someone lands on your website and then signs up for Bluehost, you will earn a commission.
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.
Agreement may be terminated by either party giving written notice to the other party, with or without cause, at least 30 days prior to the effective date of such termination.
An affiliate marketing agreement is a contract between a business and an individual or company who agrees to market or promote the business in exchange for a commission amount. According to corporate law and taxes, an affiliate is defined as a company that is related to another company often in a subordinate role.