TERMS AND CONDITIONS FOR FACEBOOK ADVERTISING RENTALS

The following Terms and Conditions apply to the rental of your Facebook advertising account and by signing below you agree to be bound thereby.

Definitions:

"Rental" the rental of your Facebook advertising account to which these Terms and Conditions apply. " "FBVerhuur" FB Verhuur BV, their respective agents, subcontractors, officers, directors and employees. "Owner" the person who provided the Facebook advertising account that is being rented. "Ad Account" the Facebook advertising account that is being rented. "Account Setup" the process of setting up the Facebook advertising account that will be rented. "Setup Fee" the amount paid to the account owner for a successful account setup. "Monthly Payment" the amount paid to the account owner at the end of each month their account is in use. "Account Administrator" the person actively managing the Ad Account on behalf of FBVerhuur and who will be added to oversee the Ad Account. "Referral Fee" the amount paid to someone for referring another Advertising Account Owner for a successful Account Setup. "Page Administrator" adding an Account Administrator as an administrator to the Facebook page created on Owners Ad Account. "Ad Account Administrator" adding an Account Administrator as an administrator to the Facebook Ad Account on Owners Ad Account. "Facebook Page" the Facebook page created using Owner's account. "Advertisement" the advertisements created by FBVerhuur on Owners account. "Payment Method" the credit card or payment method FBVerhuur will use to pay for advertisements on Owners Ad Account.

Privacy

We respect your privacy and will never ask you for your password or any other personal information. During the Account Setup process we use a secure application to allow us to set up your Ad Account, while also keeping your personal information secure. You will be able to watch our account Once the Account Setup is complete and we have added Multiloginapp so we will no longer need to access your personal computer or Ad Account directly.

Promise of Ownership

The Owner guarantees and warrants that they are the legal owner of the Ad Account and they are the only person with access. Furthermore the Owner guarantees and warrants and that there is no wrongdoing in creating or acquiring the account. Furthermore Owner guarantees and warrants that they do not need or depend on the ability to advertise on Facebook.

Indemnification

Owner agrees to indemnify FBVerhuur if they have in any way violated the Promise of Ownership clause.

Payment

FBVerhuur will pay Owner the Setup Fee once the first check is done and approved, and an account manager has been successfully setup the account. We will then send the weekly/monthly rental payment on the last day of the week/month. If the last day of the month we lands on a weekend or holiday payment will be sent on the following business day. FBVerhuur will not pay for an Ad Account that is not successful in the Account Setup process. FBVerhuur will pay Monthly Payment for an account that is active for half of the month or more for the particular month.

Payment Schedule

FBVerhuur will pay Owner the following: $25,- every half of the month for the first 2 months (first payment directly after succesfull setup process and then after period is closed); $50,- for each month (at the end of each month) that the Ad Account is in use; $25,- for each referral that results in a successful setup.

FBVerhuur will not pay for an Ad Account that is not successful in the account setup process.

Method of Payment

FBVerhuur will send all payments by Paypal.

Termination of Account Rental

Rental period shall end on the day that the ad account is no longer in use. FBVerhuur at its sole discretion may decide that it no longer requires the account and can discontinue the Rental period. The Rental will also be terminated, if the Ad Account is deactivated by either Owner or Facebook. If the account was used for 15 days or more that month, FBVerhuur will make payment of the Monthly Payment. Rental period will also terminate if there is a material breach of these Terms.

Material Breach

The following will be considered a material breach. In the event of a material breach FBVerhuur will not be responsible for paying any future payments. Logging into Account from any device that has not been used prior to the beginning of the Rental period. Pausing, stopping, changing, or interfering in any way with FBVerhuur's advertisements. Deleting or removing FBVerhuur Account Admnistrator from the Facebook Page. Deleting or removing FBVerhuur Account Administrator from the Ad Account Administrator role. Using FBVerhuur payment method for any purpose other than to pay for Advertisements created by FBVerhuur. Letting any other person or company access or use Ad Account. Logging into Facebook with a desktop or laptop from a new location that has not been logged in from previous to this Rental period. Logging in to Facebook Ads Manager for any reason.