These Referral Program Terms & Conditions ("Referral Terms") govern the Videobolt Referral Program (the "Program"), operated by Videobolt d.o.o. ("Videobolt", "we", or "us").

These Referral Terms supplement, and should be read together with, Videobolt's general Terms of Service (the "General Terms"). In the event of a conflict between these Referral Terms and the General Terms on a matter specific to the Program, these Referral Terms control.

Definitions:

By generating or sharing a Referral Link, a Videobolt user accepts these Referral Terms. A user who does not agree must not generate or share a Referral Link.

Any registered Videobolt user, whether on a free or a paid plan, may become a Referrer. A separate application or approval is not required.

A Referrer must be at least 18 years of age.

Each natural person or company may hold and use only one Videobolt account for purposes of the Program. Creating or using multiple accounts to generate additional Referral Links or Referral Rewards is a violation of Section 6.

Videobolt employees and their immediate family members are not eligible to earn Referral Rewards under the Program.

Affiliates approved under the Videobolt Affiliate Program cannot participate in the Program at the same time.

Once a Referrer has a Videobolt account, a unique Referral Link can be generated upon the Referrer's request by clicking the designated button in the referral widget, accessible from the header of the Videobolt platform.

The Referrer may share the Referral Link through their own communication channels (e.g., email, social media, messaging apps) in their own name and at their own responsibility. The Referrer may not send unlawful, misleading, or unsolicited bulk messages (spam) containing the Referral Link. The Referrer is responsible for reviewing and complying with all applicable local laws and regulations regarding advertising and promotional disclosures, including determining whether they are required to disclose that they may earn a commission or other financial benefit from referrals. Where required, such disclosures must be clear, conspicuous, and appropriately presented alongside the Referral Link or related promotional content.

Attribution window. If a Referee clicks a Referral Link and subsequently creates a Videobolt account and completes their first paid subscription payment within 30 days of that click, the Referral is attributed to the Referrer who shared that link. If the first paid subscription payment is not completed within 30 days of that click, the Referral is not attributed and no Referral Reward accrues from that Referee's payments.

Last-click attribution. If a Referee clicks Referral Links of more than one Referrer, or clicks both a Referral Link and an affiliate link under the Videobolt Affiliate Program, before creating a Videobolt account, only the link clicked last before account creation counts, provided that click falls within the attribution window in Section 3.3. If that link is an affiliate link, no Referral Reward accrues for that Referee. Earlier clicks do not generate a competing claim.

A Referral is considered valid only if it is traceable by Videobolt's tracking systems. Ad-blockers, disabled cookies, or unsupported browser configurations on the Referee's device may prevent a Referral from being tracked; Videobolt is not responsible for Referrals that cannot be attributed as a result.

A Referrer's claim to a Referral Reward first arises when a Referee that is attributed to that Referrer under Section 3 completes their first paid subscription payment to Videobolt.

Reward rate. The Referral Reward is 20% of each subscription payment the Referee makes to Videobolt, for the lifetime of the Referee's account, subject to the cap in Section 4.3. The Referrer's entitlement to Referral Rewards continues indefinitely and is not affected by any cancellation, expiration, or interruption of the Referee's subscription. If the Referee subsequently renews or reactivates their subscription, the Referrer will continue to earn Referral Rewards on all subsequent subscription payments.

Reward cap. The total Referral Reward a Referrer may earn from any single Referee is capped at $50. Once this cap is reached for a given Referee, no further Referral Reward accrues from that Referee's future payments.

Calculation basis. The Referral Reward is calculated on the amount actually received by Videobolt for each subscription payment, net of taxes (such as VAT or sales tax) and payment processor fees.

The Referee owes no payment to, and has no obligation toward, the Referrer. The Referral Reward is payable exclusively by Videobolt.

The exact terms of the Program (including the rate and cap in Sections 4.2 and 4.3) are those in effect at the time a Referral Reward is earned under Section 4.7, and may change prospectively as described in Section 9.

A Referral Reward is considered earned when the Referee's subscription payment on which it is calculated is received by Videobolt, subject to Section 6.3.

Referral Rewards are paid via PayPal. The Referrer is responsible for providing a valid PayPal account and keeping it up to date. If the Referrer needs to create a PayPal account to receive payment, this is done in the Referrer's own name and at the Referrer's own cost.

Amounts are calculated and paid in USD.

Payout threshold. Earned Referral Rewards are paid out once a Referrer's accumulated, unpaid balance reaches $50. Balances below this threshold roll over and accumulate until the threshold is met.

Payout cycle. On the 1st day of each month, Videobolt reviews Referrers' balances. If a Referrer's accumulated, unpaid balance has reached the threshold in Section 5.3 and a valid PayPal account has been added to the Referrer's Videobolt account by that day, Videobolt schedules the payout and pays out the balance on the 15th day of the same month, or on the first business day after the 15th if the 15th is not a business day. If PayPal rejects or returns a payout, the amount is credited back to the Referrer's balance and paid out in the next payout cycle.

Any fees charged by PayPal or other third-party payment providers for receiving the payout are the Referrer's responsibility, unless otherwise stated at the time of payout.

Referrers who are residents of Serbia are subject to Serbian laws and regulations, which require them to either have a registered sole proprietorship or limited liability company (d.o.o.), or to sign a contract with Videobolt. Based on this, payments will be made to them accordingly, and taxes and contributions on these payments are paid in accordance with Serbian law.

A Referrer must use the Program only for its intended purpose and only through lawful means. Without limitation, a Referrer must not:

Consequences of violation. If a Referrer violates these Referral Terms, Videobolt may, at its discretion and without prior notice: (i) suspend the Referrer from the Program or terminate their participation with immediate effect; and/or (ii) forfeit any Referral Reward already earned but not yet paid out.

Clawback. If a Referee's payment that generated a Referral Reward is later refunded or charged back, Videobolt may deduct the corresponding, already-paid Referral Reward from the Referrer's future payouts under the Program.

A Referrer who violates these Referral Terms shall indemnify Videobolt against third-party claims and reasonable, documented expenses resulting from that violation.

The Referrer may not use the Videobolt logo, trademarks or other brand assets in their own marketing, advertising, or promotional materials without Videobolt's prior written permission. This does not prevent the Referrer from using the Videobolt name in plain text to refer truthfully to Videobolt and its products, or from showing videos, screenshots and screen recordings they made on the Videobolt platform.

Nothing in these Referral Terms grants the Referrer any right or license to Videobolt's intellectual property beyond what is expressly stated in the General Terms.

The Referrer is solely responsible for determining, reporting, and paying any taxes owed on Referral Rewards received under the Program, under the laws of the jurisdiction applicable to the Referrer.

Videobolt does not withhold taxes from Referral Reward payouts and does not issue tax forms or documentation in connection with the Program.

Sections 8.1 and 8.2 do not apply to Referrers who are residents of Serbia. For them, taxes are paid in accordance with Serbian law, as set out in Section 5.6.

The Program runs for an indefinite period.

Changes. Videobolt may change these Referral Terms or end the Program. Changes that are less favorable to Referrers (such as a lower reward rate or cap, a higher payout threshold or a shorter attribution window), and ending the Program, take effect no earlier than 14 days after Videobolt notifies Referrers via their account or the email address on file. Other changes, such as corrections and clarifications, take effect when posted on this page. By continuing to participate after a change takes effect, the Referrer accepts it.

Earned rewards are kept. A change or the end of the Program applies only going forward. Referral Rewards earned under Section 4.7 before it takes effect remain payable under Sections 5 and 6 or, if the Program ends, as set out in Section 9.4.

Ending the Program. If Videobolt ends the Program, each Referrer's earned, unpaid balance of Referral Rewards is settled as follows, subject to Section 6: a balance that has reached the payout threshold in Section 5.3 is paid out in the next payout cycle under Section 5, and a balance below the threshold is compensated with a Videobolt subscription of equivalent value, based on Videobolt's list prices, applied to the Referrer's Videobolt account. The subscription cannot be exchanged for cash.

Suspension during review. If Videobolt reasonably suspects a violation of Section 6, it may suspend the Referrer without prior notice while it reviews the case. Payouts are paused during the suspension. If no violation is found, the suspension is lifted and the paused rewards are paid in the next payout cycle, subject to Section 5. If a violation is confirmed, Section 6.2 applies.

The Program is provided "as is." Videobolt disclaims all warranties of any kind, express or implied, regarding the Program, including the availability of Referral Links, the accuracy of tracking, or the continuity of the Program.

To the fullest extent permitted by applicable law, Videobolt, its suppliers, and its licensors shall have no liability of any kind – whether direct, indirect, special, incidental, or consequential – arising out of or in connection with the Program, a Referrer's participation in it, or a Referral Reward (whether earned, disputed, delayed, or forfeited).

Where applicable law does not permit a full exclusion of liability, Videobolt's total liability arising out of or in connection with the Program is limited to the total Referral Reward amounts paid to the Referrer in the twelve (12) months preceding the event giving rise to the claim.

Nothing in this Section 10 excludes liability that cannot be excluded under applicable mandatory law.

These Referral Terms, and any dispute arising out of or in connection with the Program, are governed by the laws of the Republic of Serbia, consistent with the General Terms.

The courts of Belgrade, Serbia have exclusive jurisdiction over any dispute arising out of or in connection with the Program, except to the extent mandatory consumer-protection law in a Referrer's country of residence provides otherwise.

These Referral Terms, together with the General Terms, constitute the entire agreement between Videobolt and the Referrer regarding the Program, and supersede any prior understanding on the subject.

Nothing in these Referral Terms creates an employment, agency, or partnership relationship between Videobolt and the Referrer. The Referrer acts solely on their own behalf, in their own interest, and at their own account.

A Referrer may not assign their rights or claims under these Referral Terms to a third party without Videobolt's prior written consent. Videobolt may assign its rights and obligations under these Referral Terms without condition, including in connection with a merger, acquisition, or sale of assets.

If any provision of these Referral Terms is held invalid or unenforceable, the remaining provisions remain in full force and effect, and the invalid provision will be construed to reflect the parties' original intent as closely as possible.

Questions about the Program or these Referral Terms can be sent to support@videobolt.net.

Operator details: Videobolt d.o.o. (SRB).