TERMS OF AGREEMENT

1. Accurate Information

Quality Wallets Australia will provide the Affiliate with accurate pricing and marketing information through the Quality Wallets Australia website, www.wallets.com.au, and through email and written quotation. As the prices for options and international currency conversions may vary from time to time, it is the responsibility of the Affiliate to ensure that pricing is correct before quoting the Customer.

a) The Affiliate will represent the services and prices of Quality Wallets accurately.

b) The Affiliate will not represent himself as being an employee of Quality Wallets.

c) The Affiliate will not provide any guarantees or warrantees on behalf of Quality Wallets over and above those stated in these Quality Wallets Terms.

2. Provision of Services

When an Affiliate submits an order either through the Quality Wallets web site or by other means, the Affiliate accepts the Quality Wallets Terms and Conditions on behalf of the Customer. Affiliates may add their own Terms and Conditions under which the Affiliate provides services and/or products, but may not alter or amend the Quality Wallets Terms and Conditions.

3. Commissions

Commission will be paid to all Affiliates at the rate of 10% of the product purchase price.

Commission is paid when commission reaches a minimum of AUD $150 by Cheque. Cheques are written in Australian Dollars ONLY.

Commission is gained on paid purchases only.

4. Ownership

Upon termination of the agreement, the end user Customer remains the property of Quality Wallets.

5. Suspension

Quality Wallets Australia has the right to, and may suspend Affiliate status if:

a) The Affiliate breaches any of his or her obligations under the agreement;

b) The Affiliate does not sell a Quality Wallets product for 12 months.

6. Termination

Either party may terminate this agreement by giving the other party 14 days written notice of their intention to terminate.

Quality Wallets has the right to, and may terminate Affiliate status if:

a) The Affiliate breaches any of his or her obligations under this agreement.

b) The Affiliate does not sell a Quality Wallets product for 12 months and does not contact Quality Wallets annually to confirm the Affiliates details.

7. Governing Laws

This Agreement takes effect, is governed by and shall be construed in accordance with the laws of Victoria and the Commonwealth of Australia.

8. Entire Agreement

This Agreement constitutes the entire agreement between the parties and any previous agreements, understandings or negotiations shall be superceded and replaced by this agreement.

9. Modifications to Agreement

Quality Wallets has the right to modify this agreement in any way without prior consent from Affiliates. All reasonable efforts will be made to notify Affiliates of any changes.