Yandex Advertising Network Terms of Offer

For Armenian version of Yandex Advertising Network Terms of Offer, please, see here. In case of conflict between the English version of Yandex Advertising Network Terms of Offer and the Armenian version - the English version of Yandex Advertising Network Terms of Offer shall be deemed as legally binding.

 

Published: 01.03.2024

Effective date: 04.03.2024

This document constitutes the terms and conditions which apply to all offers by Tech Services LLC, a company organized and existing under the laws of Republic of Armenia (hereinafter — «Yandex»), regarding Yandex Advertising Network.

1. TERMS AND DEFINITIONS

1.1. For the purposes of this document, the following terms have the following meanings:

Offer — this document, the "Yandex Advertising Network Terms of Offer", posted on the Internet at https://yandex.com/legal/yan_service_offer_arm including all documents that are an integral part thereof.

Offer acceptance — actions provided by clauses 3.1 - 3.2 of the Offer, which implies unconditional acceptance of all terms and conditions stipulated by the Offer and the documents, which are an integral part thereof.

Agreement — an agreement of participation in Yandex Advertising Network, the subject of which is the provision by a Partner of the Services provided for in the Offer, but not limited to the above, concluded in accordance with the procedure provided for in clauses 3.1 — 3.2 of the Offer.

Parties — Yandex and Partner.

Partner — i) a natural person/individual or ii) a legal entity who carries out the Offer acceptance and owns the Resources legally and/or having the right to use the Partner Resources under the concluded Agreement.

YAN — Yandex Advertising Network (https://partner.yandex.com), which includes various Resources, as well as other advertising networks.

Services — services described in clause 2 of the Offer that the Partner provides to Yandex under the terms and conditions of the Offer.

Reporting Period — one calendar month or several calendar months in which the Partner cumulatively rendered Services to Yandex for the amount not less than specified in clause 4.4. of the Offer.

Statistical Data — data and information in electronic form compiled and/or provided by Yandex to the Partner, including via API, which may contain information on the number of Clicks, Displays, other parameters of interaction between the Parties, as well as the amount of the Partner's remuneration.

Click — the User's clicking (click-through) on the hyperlink contained in the Advertisement, including, but not limited to, installing an application from the mobile app store, opening a placemark on a web page containing an online map, opening an application.

Display — placement/display of Advertisements at the Advertising spaces.

Target Action — interaction between the User and the website, website page, website section, mobile application and/or computer program, to which the User proceeds after the Click, including but not limited to: ordering goods/services, moving to other pages, filling out forms, using chats or content.

Partner Interface — software interface designed for (including, but not limited to) remote interaction of the Parties in order to fulfill the Agreement, exchange information and transmit notifications between the Parties. The Partner Interface may contain Statistical Data, information about the Partner, the Partner Resources, the amount of the Partner's remuneration, as well as other information determined by Yandex. The procedure and terms of access to the Partner Interface are described in clause 3.4. of the Offer.

User — any person visiting Resources, including Partner Resources.

Advertising, or Advertisement, or Ad(s) — advertising materials in any format that may include text, images, video, audio, other types of media files, interactive elements, code, hyperlinks, or any combination thereof. For the purposes of the Offer, Advertising means advertising materials described above that are provided for placement by Yandex and/or Advertisers.

Advertising Space — a space allocated in the design (code) of the corresponding Resource, and intended for displaying Advertising.

Advertisers — third parties that have entered into an agreement with Yandex and/or Yandex's affiliates, the subject and/or result of which is the placement of Advertising on the Resources that are part of the Yandex Advertising Network, on the Partner Resources.

Ad Code — a software module (including a software development kit (SDK), software settings and their configurators, adaptive and server modules) that is built by the Partner into the code of the Partner Resources and is intended to appeal to the Yandex System for the purpose of providing display of Advertising on the Partner Resources.

Resources — websites on the Internet (including desktop, tablet and/or other mobile device versions), computer programs, mobile apps, other digital media, as well as their content and components (information, files and other data included in the Resources).

Partner Resources — Resources connected by the Partner to the Yandex Advertising Network by agreement with Yandex. In particular cases, including those specified in clause 2.2. of the Offer, Partner's Resources, as well as elements thereof, may be provided by the Partner to Users by means of Yandex software and technical means.

Yandex System — a set of software and technical means owned by Yandex and/or used by Yandex, intended for interaction with the Partner System, ensuring display of Advertising on Advertising Spaces (if applicable), as well as for accounting of Yandex Statistical Data.

Partner System — a set of software and technical means owned by the Partner and/or used by the Partner, intended for interaction with the Yandex System and ensuring display of Advertising on Advertising Spaces (if applicable).

Test Period — a period of interaction between the Partner and Yandex, preceding the first Reporting Period, during which the Partner configures and tests the Ad Code. The Test Period terminates at the moment of Partner's actions described in clause 3.1. of the Offer and representing the Acceptance of the Offer. Until the moment of Acceptance of the Offer, this period is non-fare. If the Partner accepts the Offer, Yandex takes the balance amount into account when forming the Statement for the first Reporting Period. Prior to the termination of the Test Period, the sums of the Partner's account balance are purely technical and informational in nature. After the Partner performs the actions described in clause 3.1. of the Offer and representing the Acceptance of the Offer, the Test Period is not provided.

API — a special technical interface provided by Yandex and/or the Partner and ensuring interaction between the Yandex System and the Partner System for the purposes of performance of the Agreement.

Fraud — including, but not limited to (i) spam, invalid requests, invalid Displays or invalid Clicks by any person, query optimization technology, automatic program or similar device, including through Clicks or Displays originating from IP addresses or computers operated by the Partner; (ii) Clicks conditioned on the payment of money, the provision of false information or requests to perform Clicks on Ads or other actions, as well as the Displays received in this manner; (iii) Clicks or Displays, which resulted in the imitation of Targeted Actions on the Advertiser's websites; (iv) intentional or unintentional actions of the Partner related to the use and/or taking advantage of errors, vulnerabilities and/or flaws in the Ad Code, the Partner Interface and/or the Yandex System, if such actions result in harm to Yandex, Advertisers and/or other third parties, including, but not limited to, if as a result the Partner's remuneration will increase disproportionately to the income that Yandex receives through the placement of Advertising on the Partner Resources; (v) Clicks or Displays that are unfair due to other factors determined by Yandex at its discretion.

1.2. The Offer may contain terms not defined in clause 1.1. hereof. Such terms shall be interpreted in accordance with the text of the Offer. In the absence of an unambiguous interpretation of the term in the text of the Offer, one should be guided by the definition of the term as determined: in the first place — by applicable laws, in the second place — on Yandex resources (including, but not limited to, https://yandex.com/support, https://yandex.com/support/partner and https://yandex.com/adv), in the third place — as established (commonly used) on the Internet.

2. SUBJECT MATTER

2.1. This Agreement relates to the Partner providing various services to Yandex, including those to enable Yandex to place Advertising on the Partner Resources. In particular, during the entire term of the Agreement, the Partner shall:

2.1.1. place the Ad Code on the Partner Resources; and

2.1.2. ensure the operability and correct software and hardware interaction of the Ad Code with the Yandex System, including interaction via API; and

2.1.3. if applicable, configure and support the performance of the Partner System, and performs all actions necessary for technical integration and correct software and hardware interaction between the Partner System and Yandex System, including, but not limited to, interaction in accordance with the OpenRTB protocol, Prebid.js library, server-to-server integration; and

2.1.4. ensure the display of Advertising on Advertising Spaces in compliance with the requirements set forth in the Agreement.

2.2. Placement of the Ad Code and/or display of Advertising by other technical means can be carried out on the Partner Resources (including their constituent elements), which are provided by the Partner to Users by means of Yandex software and hardware. These technical means include without limitation any of the following:

2.2.1. Yandex provides the Partner with a technical possibility to provide Internet users with access to the Partner's resource (or its particular elements) through the Yandex website(s), its (their) components and services; or

2.2.2. the Partner Resource (or its particular elements) is placed on a software and/or hardware platform provided by Yandex; or

2.2.3. the Partner Resource (or its particular elements) is displayed by technological export of data, content, elements or other components of the Partner Resource to the corresponding service or to the corresponding Yandex website, either through technical integration or by other means.

2.3. An obligatory condition for Partner's provision of Services to Yandex is Partner's acceptance of and compliance with the terms of the following documents, which are an integral part of the Offer:

2.4. Services provided to Yandex by the Partner may be related to the placement by Yandex on the Partner's Resources of audience surveys in the Yandex.Surveys online service.

3. ACCEPTANCE OF THE OFFER. TERMS OF AGREEMENT EXECUTION

ACCEPTANCE OF THE OFFER

3.1. Acceptance of the Offer shall be deemed to be carried out once the Partner performs all of the following actions:

3.1.1. the Partner has created or has an account on Yandex resources, registered in accordance with the procedure stipulated in Section 2 of the User Agreement;

3.1.2. the Partner has filled out the registration form (questionnaire), by providing Yandex with up-to-date and accurate information to the extent specified in the registration form, including, without limitation:

  • information about the Partner;
  • Partner's contact information;
  • Partner's details (including payment details);
  • documents to the extent specified in the registration form.

3.1.2.1. for individuals – full name, surname, patronymic, registration (postal) address, full bank details, date of birth, e-mail address and mobile phone number;

3.1.2.2. for legal entities – full business name, registered and postal address, full name of a person authorized to enter into the Agreement on behalf of and for the benefit of such legal entity;

and for either of the individuals or legal entities listed in 3.1.2.1 to 3.1.2.2. above, technical details of Partner Resources;

3.1.3. the individual Partner has verified its identity by putting a code, which will be sent automatically by Yandex to a telephone number provided by the Partner;

3.1.4. the legal entity Partner has provided, upon Yandex request, a scanned copy of its Certificate of Incorporation or an extract from the Trade Register of the country of residence of such corporate Partner;

3.1.5. the Partner Resources have been verified (moderated) by Yandex for compliance with the requirements of the Offer and the Rules of Participation and have been approved for the purposes of performance of the Agreement by the Partner, of which the Partner is notified through the Partner Interface. Yandex has the right (but not obligation) to re-verify (moderate) the Partner Resources at any time at its sole discretion.

3.1.6. The Partner has duly executed Offer acceptance by putting a tick and clicking at the bottom “agreed” at the end of the registration form.

3.2. Following the Partner’s completion of the registration procedure Yandex will review the application (which may take up to thirty (30) business days) and – if such application is granted – Yandex will provide the Partner with a registration number (Partner’s registration number) that is specified in the Partner interface and in Electronic reports (clause 4.1 herein).

3.3. Yandex has the right to refuse to conclude the Agreement with the Partner in the following cases:

3.3.1. the Partner has not provided and/or provided inaccurate information when filling out the registration form (questionnaire) in accordance with clauses 3.1 — 3.2 of the Offer, as well as the documents specified in the registration form have not been provided and/or not provided in full;

3.3.2. the Partner Resources do not meet the requirements of the Offer and/or the Rules of Participation;

3.3.3. the previous agreement concluded between Yandex and Partner in relation to the subject matter of the Agreement stipulated by the Offer was terminated due to violations of the terms of such agreement by the Partner;

3.3.4. Yandex has previously terminated an Agreement of participation in Yandex Advertising Network in respect of Partner Resource(s) with a third party due to violations of the terms of such Agreement by the said third party.

PROCEDURE FOR USING THE PARTNER INTERFACE

3.4. For the purposes of performance of the Agreement, Yandex shall provide the Partner with access to the Partner Interface, and:

3.4.1. the information available through the Partner Interface shall be the Confidential Information of the Parties;

3.4.2. access to the Partner Interface shall be carried out using the Partner's unique login and password, which the Partner shall define independently;

3.4.3. all actions performed using the Partner's login and password in the Partner Interface shall be recognized as performed by the Partner. The Partner shall be solely responsible for the security of the login and password and undertakes to take measures to ensure their confidentiality. Yandex shall not be liable for unauthorized access of third parties to the Partner Interface carried out using the Partner's login and password.

3.5. The list of the Partner Resources shall be agreed upon by the Parties on a mandatory basis. Approval of each Partner Resource shall be made by placing an application through the Partner Interface and its verification (moderation) by Yandex. Information about the status of each Partner Resource (approved/rejected) will be posted in the Partner Interface.

3.6. When providing the Services, in particular when installing the Ad Code, setting up the Advertising Spaces, as well as during technical integration between the Partner System and the Yandex System, the Partner shall comply with the technical requirements and rules, about which Yandex may notify the Partner in the Partner Interface, by e-mail and/or in the reference information published at https://yandex.com/support/partner.

RIGHTS AND LIABILITIES OF THE PARTIES

3.7. The Partner represents, warrants and undertakes:

3.7.1. not to interfere in the process of placing Advertising, including not to place on the Partner Resources any information that may affect the perception of Advertising by Users, or calls to make Clicks on Ads;

3.7.2. to grant Yandex the right to access, index and cache the Partner Resources or any part thereof, including through automated means owned by Yandex;

3.7.3. to take commercially reasonable measures aimed at increasing the popularity of the Partner Resources among Users, including, but not limited to, increasing the number of Users of the Partner Resources;

3.7.4. not to carry out any actions leading to Fraud, either independently or with the involvement of third parties, manually or using applicable programs, scripts, code, but not limited to the foregoing;

3.7.5. not to use the Ad Code except for the purposes of performance of the Agreement;

3.7.6. unless otherwise provided by the Agreement, not to perform any actions that lead to any changes in the placed Advertising and/or consequences of Users' clicks on the Ads, including, but not limited to, not to overlay the Advertising or part thereof with the content of the Partner Resources, not to overlay the content of the Partner Resources with the Advertising or part thereof (except for cases when Yandex has agreed upon such actions), not to change hyperlink addresses contained in the Advertising, not to prevent Users from accessing web pages (websites) of Advertisers;

3.7.7. not to change the parameters of Advertising Spaces in a way that will significantly reduce the visibility of Advertising, including, but not limited to, not to place Advertising Spaces at the bottom of the web pages or mobile application pages of the Partner Resources, or in other parts of the Partner Resources that are difficult to access or rarely visited under normal user scenarios of interaction of Users with the Partner Resources;

3.7.8. not to change any characteristics of Partner Resources, their content, elements or other components, which will result in non-compliance of the format of Advertising Spaces with the requirements of the terms of the Agreement, as well as in complicating the interaction provided for in clause 2.2 of the Offer. If the Partner changes the subject matter of any of the Partner Resources, it is obliged to notify Yandex thereof on the day the changes are made;

3.7.9. to take all necessary measures to ensure uninterrupted and error-free operation of the Ad Code belonging to the Partner (if applicable), the Partner System (if applicable) and the Partner Resources, subject to reasonable interruptions for technical maintenance, of which the Partner undertakes to notify Yandex in advance;

3.7.10. to immediately notify Yandex of any emergency interruptions and errors in the operation of the Partner's Ad Code (if applicable), the Partner System (if applicable), and the Partner Resources, if such emergency interruptions and errors may affect the Partner's proper performance of the Agreement;

3.7.11 for the purposes of placing, Displays and/or tracking Users' Clicks on Ads (but not limited to the foregoing), cookies may be enabled in a browser (or other program used by the User to access Partner Resources) and/or other means of user activity tracking that allow Yandex to obtain information about Displays, Clicks, Target Actions of Users (but not limited to the foregoing) may be used. In this case, the Partner undertakes:

a) to transmit to Yandex information about the means of tracking as part of the call of the Ad Code to display Ads (if applicable); and

b) to provide Users with all necessary information about (i) the enabling of cookies and/or the use of other means of user activity tracking, (ii) about the use by Yandex of data obtained using cookies and/or when using other means of user activity tracking, as well as (iii) if provided for by applicable law, the Offer and/or the Rules of Participation — to obtain all the proper and informed consents of each User for the installation and enabling of cookies and/or the use of other means of user activity tracking, as well as collection, disclosure and use of data obtained by Yandex with their help;

3.7.12 for the purposes specified in paragraph 3.7.11.b of the Offer, the Partner undertakes to publish on the Partner Resources a clearly marked and easily accessible privacy policy (or other similar document), which will contain all the information specified in paragraph 3.7.11.b of the Offer, as well as information about the User's management of cookies and/or other means of user activity tracking via User's device (including, but not limited to "Do not track" options in web-browsers);

3.7.13. the Partner is obliged to immediately notify Yandex in cases where the Partner resource is blocked by the provider, hosting provider, the governmental authorities with an indication of the reasons for the blocking;

3.7.14. to comply with all requirements and conditions of the Offer and the Rules of Participation related to the performance of the Agreement by the Partner during the Test Period;

3.7.15. when Advertising displayed on Advertising spaces of the Partner Resources are geo targeted to the Russian Federation, Parties represent, warrant and undertake before each other to comply with the provisions of Article 18.1 of the Law No. 38-FZ of 13.03.2006 of the Russian Federation "On Advertising" and the provisions of the applicable regulations of the Russian Federation governing the accounting and labelling of advertising on the Internet.

3.7.15.1. The Parties have agreed that the above requirements in terms of confidential information shall be fulfilled through Yandex Advertising Data Operator Limited Liability Company (OGRN 1227700413962; hereinafter referred to as "Yandex ADO") in accordance with the Terms and Conditions for submission of advertising information to the Unified Online Advertising Register posted at: https://yandex.com/legal/ord_terms_com.

3.7.15.2. For the avoidance of doubt, Yandex does not undertake any obligation to verify the information provided by the other Party and is not responsible for its accuracy, relevance, completeness, compliance with the applicable laws of the Russian Federation and the Terms and Conditions for submission of advertising information to the Unified Online Advertising Register.

3.7.16. The Partner agrees that for the purposes of fulfilling the requirements set forth in Article 18.1 of the Law No. 38-FZ of 13.03.2006 of the Russian Federation "On Advertising", the phone number specified by the Partner when creating an account in Yandex ID (https://passport.yandex.com) may be included in the advertising information reported to UOAR.

3.8. The Partner has the right:

3.8.1. to send Yandex a reasonable request to terminate or suspend the placement of corresponding Advertising until Yandex settles disputes with third parties in the event that the content or placement of Advertising contradicts the requirements of applicable law or has entailed or may entail claims for violation of the legal rights of third parties;

3.8.2. as part of the performance of the Agreement for the purposes of Ad placing, to use search results of the Yandex search engine in XML format for placement on the Partner Resources by sending automatic XML search queries to the Yandex search engine and receiving the results of processing such queries at: http://xmlsearch.yandex.ru/xmlsearch, http://xmlsearch.yandex.com/xmlsearch, always subject to mandatory compliance with the technical requirements and conditions of such use established by the Rules of Participation, as well as the Yandex.XML Service License (https://yandex.com/legal/xml). In this case, the Partner undertakes not to use search results of the Yandex search engine for any purpose, in any way or manner not stipulated by the Offer and the Rules of Participation, and not to provide third parties with the opportunity to send automatic XML queries and receive search results.

3.9. Yandex has the right:

3.9.1. to refuse to place Advertising on any of the Partner Resources, including, but not limited to (a) due to Partner's violation of the terms of the Agreement; (b) in case Yandex receives claims and/or complaints from Advertisers or other third parties that any of the Partner Resources does not comply with the applicable legislation and/or requirements of the Agreement; (c) due to low efficiency of Ad placement on any of the Partner Resources; as well as (d) in case of other non-compliance of the Partner Resources with the requirements of the Offer and/or the Rules of Participation without explanation, by notifying the Partner of such refusal by e-mail and/or through the Partner Interface;

3.9.2. to refuse to place Advertising on any of the Partner Resources if the Partner has not performed the actions necessary for the Acceptance of the Offer after the expiration of 2 (two) consecutive calendar months of the Test Period or if the balance of the account of the Partner within the Test period reaches 100 EUR or 150 USD or sixty thousand (60 000) AMD (depending on the currency of payment chosen by the Partner) whichever is earlier.

To terminate interaction with the Partner and refuse to conclude the Agreement on the terms of the Offer if after the expiration of twelve (12) consecutive calendar months of the Test Period the Partner has not performed the actions necessary for the Offer acceptance;

3.9.3. to make changes to the design, display method and/or appearance of Advertising placed on Advertising Spaces at its sole discretion, both as part of experiments and on a permanent basis. Wherever applicable, Yandex will notify the Partner of such changes and/or of the corresponding experiments;

3.9.4. to mention the Partner in presentations and marketing materials of Yandex without obtaining a special consent from the Partner.

3.10. Solely for the purpose of performance of the Agreement and subject always to the Partner complying with the terms and conditions of the Agreement, the Parties grant to each other a non-exclusive, non-transferable, non-sublicensable, worldwide and for the duration of the exclusive right (but in any case for a period not exceeding the duration of the Agreement) license to use the Ad Code (depending on which Party owns the rights to the Ad Code), API (depending on which Party owns the rights to the API), Yandex System and Partner System, by any means that do not violate the applicable laws and the terms of the Agreement, including technical requirements to the use of any of the above.

Subject always to the Partner complying with the terms and conditions of the Agreement, Yandex hereby procures the grant thereof to Partner for the duration of the Agreement a non-exclusive, non-transferable, non-sublicensable, worldwide license to reproduce and/or otherwise display the Advertising solely for the purposes outlined in the Agreement.

The Partner hereby grants, and shall procure the grant thereof to Yandex a non-exclusive, transferable, sublicensable, worldwide license to use the Partner Resources for Yandex to perform Yandex's obligations hereunder for the duration of the Agreement.

Revocation of each of the abovementioned licenses shall be effected only by termination of the Agreement.

3.11. Information and documents under the Agreement may be exchanged by the Parties through the Partner Interface, by e-mail, by mail or by couriers. Unless otherwise expressly provided in the Offer, any notice shall be deemed to have been duly given if sent by e-mail. The notice shall be deemed received by the Party: if sent by e-mail — on the next business day after being sent; if sent by mail — on the date specified in the acknowledgment of receipt; if sent by courier — on the date of its delivery; if sent through the Partner Interface — on the date the notice is posted in the Partner Interface. In cases of information exchange through the Partner Interface the Partner shall bear its own responsibility to familiarize itself with the information in the Partner Interface on a regular basis and shall independently monitor the appearance and change of information, notifications and documents published in the Partner Interface.

4. REMUNERATION AND SETTLEMENT PROCEDURE

4.1. Yandex shall pay a remuneration to the Partner for Partner’s provision of Services under Agreement. Within ten (10) business days after the last day of each Reporting Period Yandex shall send to the Partner by e-mail an electronic report that states the amount of remuneration to be paid to the Partner which is determined in accordance with Yandex Statistical Data (the “Electronic report”).

Yandex shall send the Electronic report to the Partner by e-mail according to the procedure set forth in clause 3.11. of the Offer.

4.2. Payment of remuneration referred to in clause 4.1 hereof for each Reporting Period is made by Yandex based on the Electronic report sent by Yandex upon completion of such Reporting Period and if the Partner does not provide any written objections to the data specified in this Electronic report within 15 (fifteen) calendar days after the end of such Reporting period.

Yandex shall pay the remuneration according to such Electronic report by bank transfer to the details of the payment system operator and / or credit institution from among those available and meeting requirements of the applicable laws, specified by the individual Partner or legal entity Partner during the registration procedure:

FOR Non-residents of Republic of Armenia: within sixty (60) banking days after sending the Electronic report

FOR Residents of Republic of Armenia: within sixty (60) banking days after receiving the Partner's Electronic invoice issued by Partner in accordance with the applicable Armenian legislation after sending the Electronic report.

4.3. All settlements under the Agreement shall be made in the currency selected by the Partner when registering at http://partner.yandex.com and defined in accordance with the Yandex rules.

4.4. FOR Non-residents of Republic of Armenia: Remuneration under the Agreement shall be equal to the amount stipulated in the Electronic Report and Yandex Statistical Data. If in accordance with the applicable Armenian law Yandex is obliged to withhold from the calculated remuneration income tax payable by the Partner as an income recipient, amount of such tax shall be added to (grossed up) the amount stipulated in the Electronic Report and Yandex Statistical Data and considered as the remuneration under the Agreement. For avoidance of doubt, the remuneration payable to the Partner after deducting the withholding income tax (if applicable) shall be equal to the amount stipulated in the Electronic Report and Yandex Statistical Data.

The Partner shall provide the Tax Certificate upon Yandex’s requests each calendar year during the effective term of this Agreement.

Yandex shall also accrue Armenian Reverse charge VAT on top of the total calculated remuneration under this Agreement in the amount and in accordance with tax laws.

Any other taxes, remunerations and other levies or mandatory payments stipulated by applicable laws shall be paid in full by the Partner at his own expense. The amount of remuneration under the Agreement shall not be adjusted to account for such taxes, fees and other levies.

4.5. Yandex shall remunerate the Partner, provided that the total amount of remuneration payable for the Services provided by the Partner in a Reporting Period exceeds the threshold of one hundred (100) EUR or (one hundred and fifty) 150 USD or sixty thousand (60 000) AMD (depending on the currency of payment chosen by the Partner).

The remuneration which does not exceed the thresholds stated herein shall be accrued and paid in the next Reporting Period, in which the total cost for the Services provided by the Partner reaches the amounts specified above.

4.5.1. The calculation of amount of the Partner’s remuneration for the first Reporting Period following the Offer acceptance by the Partner shall include the balance account of the Partner accrued within the Test Period.

4.6. Yandex's obligation to pay the Partner's remuneration shall be considered fulfilled once the amount has been debited from Yandex’s bank account. Payment shall be made by transferring the appropriate amount to the details specified by the Partner in the Partner's web-interface.

4.7. Unless otherwise specified in the Offer, a change in the amount of accrued Partner's remuneration is possible only by an additional written agreement of the Parties. Without prejudice to the foregoing, Yandex has the right to revise the accrued amount of remuneration based on the results of the Reporting Period, as well as an unlimited number of previous Reporting Periods as a result of an audit of Clicks, Displays and Target Actions, if the results of such an audit reveal fraudulent (unfair) Displays, Clicks or Target Actions performed either by the Partner in violation of clauses 3.7.1 and 3.7.4 of the Offer, or by any third parties within any of previous Reporting Periods.

4.8. For the purposes hereof Yandex Statistical Data and remuneration payable to the Partner may, for informational purposes only, be indicated in the Partner Interface in the currency chosen by the Partner and converted from rubles to the selected currency at the rate of the Central Bank of the RF on the date of the corresponding Click or Display.

5. WARRANTIES

5.1. Except for the warranties expressly stated in the text of the Offer and to the maximum extent permitted under applicable laws, Yandex makes no other express or implied warranties and expressly disclaims warranties or conditions regarding non-infringement of rights or expectations related to the Services or attainability of certain Partner's goals, including, but not limited to, the amount of remuneration expected by the Partner for the provision of Services, the operability of the Yandex System, Partner Interface and/or Ad Code.

5.2. The Partner represents and warrants to Yandex that:

5.2.1. the Partner has the appropriate legal status and capacity to conclude and execute the Agreement, and the provision of Services by the Partner does not contradict the provisions of applicable laws, or the obligations of the Partner to third parties, and that the Services in no way constitute a violation of the rights and legitimate interests of third parties;

5.2.2. the Partner owns the Partner Resources legally and/or has the right to use them in accordance with the terms of the Offer, and also bears full responsibility for the content, code and/or any other information posted by the Partner on the Partner Resources;

5.2.3. the Partner Resources will comply with the requirements of the Offer and the Rules of Participation during the entire term of the Agreement;

5.2.4. the Partner has provided Yandex with valid and reliable information, including personal data, contact information and other data required according to the Offer when performing the Offer acceptance, as well as when executing the Agreement;

5.2.5. the Partner has fully read the Offer, the Rules of Participation, fully understands the subject matter of the Offer and the Agreement and the meaning and consequences of its actions on the conclusion and performance of the Agreement;

5.2.6. placement or use of cookies by Yandex and/or the use of other means of user activity tracking does not contradict the provisions of the legislation governing Partner's relationship with Users, or that the Partner has taken all necessary actions provided for by such legislation to grant Yandex the right to enable cookies and/or use other means of tracking, as well as to use data obtained with their help.

6. LIABILITY AND LIMITATION OF LIABILITY

6.1. Under no circumstances shall either Party be liable under the Agreement for: (i) indirect losses and/or lost profits by the Party or third parties, regardless of the ability of the other Party to foresee the possibility of such losses; (ii) force majeure circumstances (hereinafter referred to as “Force Majeure”).

6.1.1. Force Majeure includes all events which did not exist (or which the Parties could not foresee) at the date of the Agreement, which are beyond the control of either Party, and the occurrence and impact of which cannot be prevented by means and methods that in a particular situation may reasonably be required or expected, and as a result (for the reason) of which the Agreement cannot be executed in accordance with its terms and conditions. Force Majeure includes the following events: fires, earthquakes, floods and other natural disasters, epidemics and pandemics, man-made accidents, strikes (except for strikes of employees of any of the Parties), the imposition of sanctions by state authorities of any of the countries against a Party to the Agreement, actions of state authorities (except for actions caused by a violation of the requirements of applicable laws by a Party to the Agreement), significant changes in applicable laws, accidents, failures and other disruptions in the operation of the Internet, communication service providers, data centers, power outages, but not limited to the above;

6.1.2. the Party for which it has become impossible to perform the Agreement as a result of Force Majeure shall immediately notify the other Party of the nature of Force Majeure preventing the performance of the Agreement in writing, with the copies of the relevant documents attached;

6.1.3. for the duration of Force Majeure, the Parties shall be released from liability for improper performance of the Agreement;

6.1.4. if the period of Force Majeure exceeds six (6) months, each of the Parties has the right to terminate the Agreement, and the Partner has the right to demand payment for the Services actually rendered, but not paid for.

6.2. disputes arising out of placement of Advertising, including claims of third parties whose interests are violated as a result of such placement, as well as proceedings initiated by courts or authorized state bodies, shall be resolved by and at the expense of Yandex, provided that the Partner complies with the following conditions:

6.2.1. the Partner shall notify Yandex immediately, but in any case, not later than three (3) business days after the Partner receives of the relevant claim, court order, notice, summons, as well as the document issued by the authorized state body;

6.2.2. the Partner shall provide Yandex with copies of the relevant claim, court order, notice, summons, document issued by an authorized state body, as well as other information requested by Yandex and reasonably necessary for Yandex to settle the relevant claims or proceedings;

6.2.3. the grounds for filing a claim and/or initiating proceedings did not arise as a result of the Partner's actions.

6.3. The aggregate amount of Yandex's liability under the Agreement, including the amount of penalties and/or recoverable damages from a claim or lawsuits regarding the Agreement or its performance, is limited to 10% of the cost of Services under the Agreement for the period of one (1) calendar year preceding the date of occurrence of the corresponding Yandex liability.

6.4. In case of repeated violations of the terms of payment under the Agreement which are directly and solely caused by Yandex and cannot be attributed (whether in part or whole) to any third parties and/or any events beyond the control of Yandex, the Partner may require Yandex to pay a fine of 0.1% of the outstanding amount for each day of delay, or the maximum rate allowed by law, but not more than 10% of the outstanding amount.

6.5. In case of violation by the Partner of the requirements of paragraphs 3.7.1, 3.7.5, 3.7.6, 3.7.11.2, 3.7.12 of the Offer, including the warranties specified in clause 5 hereof or the requirements of the Rules of Participation, Yandex has the right to withdraw from the Agreement unilaterally out of court and/or terminate the Agreement unilaterally out of court with immediate effect. In which case the Services in respect of which Yandex has recognized such a violation are considered as not provided by the Partner and are not subject to payment by Yandex. The Agreement shall be considered terminated from the moment Yandex sends a notice of termination of the Agreement by e-mail.

6.6. If the provision of Services by the Partner under the Agreement serves as a basis for a claim, action, lawsuit by a third party and/or orders by state or municipal authorities to Yandex due to violation of the third parties’ rights and/or provisions of applicable law, the Partner shall immediately upon Yandex's request provide it with all requested information related to the provision of the Services, assist Yandex in settling such claims, lawsuits and/or orders, and indemnify Yandex from all losses incurred.

For the purposes hereof losses shall be defined as losses (including court costs, amounts of damages paid in favor of third parties, compensations and/or amounts of fines paid) incurred by Yandex as a result of such claims, actions, lawsuits and/or orders, as well as those related to additional tax charges, refusal to refund taxes and/or bringing Yandex to tax liability in terms of relations between Yandex and the Partner in connection with the conclusion, performance, validity or termination of the Agreement and in connection with circumstances that were beyond the direct control of Yandex. In particular, such circumstances may include: non-payment of taxes and fees by the Partner, failure to submit to the tax authorities tax returns, statements and other documents, tax evasion, understatement of the taxation base, appointment of nominee employees (including the position of the sole executive body), admission of a situation in which the documents of the Partner and/or its counterparties (including subcontractors) include persons who later refuse to confirm their relationship with the Partner or counterparty (including subcontractor), failure by the Partner to observe due diligence in selecting third parties to perform its obligations under the Agreement (including subcontractors), violation of the form and content of documents (failure to sign or signing by an unauthorized employee of the Partner, failure to affix a seal or affixing a fake seal when the use of a seal is mandatory for the Partner) and other circumstances that create adverse tax effects for Yandex due to the actions of the Partner and/or its counterparties (including subcontractors).

6.6.1. The Parties have agreed that the amount of Yandex's losses to be reimbursed shall be deemed equal to the amount of Yandex's losses confirmed by a court decision or an authorized state/municipal body that has entered into force, or a settlement agreement approved by a court decision, including, but not limited to:

  • amounts of losses, compensations and/or fines paid in favor of third parties;
  • amounts of additional taxes, payments or fees, as well as fines and penalties, compensations and other payments in favor of state/municipal bodies;
  • legal and other expenses incurred by Yandex to protect its rights and interests in connection with the occurrence of the circumstances specified in clause 6.6 of the Offer, including expenses for legal and consulting services and reasonable attorney fees.

6.7. Notwithstanding the foregoing, nothing in this Offer seeks to exclude either Party's liability for death or personal injury caused by negligence, fraud, or fraudulent misrepresentation or for any other loss which cannot be excluded by applicable laws.

7. DURATION AND AMENDMENTS TO THE TERMS OF THE OFFER AND THE AGREEMENT

7.1. The Offer shall come into force from the date specified in the "Effective Date" above and shall remain valid until revoked by Yandex.

7.2. Yandex reserves the right at any time and at its sole discretion to make amendments and supplements to the Offer and/or withdraw the Offer, as well as to make amendments and supplements to the Rules of Participation. If Yandex makes amendments to the Offer and/or the Rules of Participation, such amendments shall become effective at the moment of publishing the amended text online, unless a different effective date for such amendments is specified at the time of publishing thereof.

7.3. The Partner acknowledges and agrees that amendments made to the Offer and/or the Rules of Participation entail such amendments to the Agreement, and such amendments to the Agreement shall take effect simultaneously with the amendments to the Offer and/or the Rules of Participation.

7.4. If the Partner does not agree with the amendments made by Yandex to the Offer and/or the Rules of Participation, the Partner has the right to terminate the Agreement in accordance with the procedure provided for in the Offer.

7.5. The Agreement shall become effective upon Offer acceptance and shall remain in effect until terminated as provided by the Offer and/or applicable law.

8. TERMINATION

8.1. The Agreement may be terminated:

8.1.1. upon agreement of the Parties at any time;

8.1.2. by Yandex with immediate effect by sending a written notice (by e-mail) to the Partner:

  • in case of violation of the terms of the Agreement by the Partner;
  • in case of violation by the Partner of the Rules of Participation, «ADFOX Service Access Terms» (https://yandex.com/legal/adfox_terms_ch) (if applicable), «Player Access Conditions» (https://yandex.com/legal/yan_player_terms_ch) (if applicable), other terms and conditions stipulated by the Offer and documents that are an integral part thereof.

8.1.3. by either Party by sending to the other Party a prior written notice (by e-mail) not later than five (5) business days before the expected date of termination;

8.1.4. on other grounds specified in the Offer and/or the provisions of applicable laws.

8.2. The obligations of the Parties under the Agreement, which by their nature must remain valid (including, but not limited to, obligations relating to confidentiality, settlements, use of information, protection of personal data), shall remain valid after termination of the Agreement.

8.3. Termination of the Agreement for any reason shall not release the Parties from liability for violation of the terms and conditions of the Agreement arising during its validity period.

8.4. The Agreement may be terminated by Yandex with immediate effect by a written notification (via e-mail) to the Partner if the Services are not provided by the Partner to Yandex within six (6) consecutive calendar months.

9. CONFIDENTIALITY

9.1. The Parties agree to keep confidential and treat as confidential all information received by one Party from the other Party during performance of the Agreement and designated by the transmitting Party as confidential information of such transmitting Party (hereinafter referred to as “Confidential Information”). The Parties undertake not to disclose such information by any means whatsoever to any third party without the prior written consent of the transmitting Party.

9.2. Each Party will take all necessary measures to protect Confidential Information with at least the same level of care as it protects its own confidential information. Access to Confidential Information will be provided only to those employees of each Party who reasonably need it to perform their job duties related to the performance of the Agreement. Each Party will require its employees to accept the same obligations with respect to Confidential Information as those imposed by the Offer on the relevant Party. If any Yandex’s Confidential Information is to be provided by the Partner to an authorized state body and/or court, the Partner shall notify Yandex of such provision in advance, or in the shortest possible time after providing such information.

9.3. Confidential Information shall always remain the property of the transmitting Party and shall not be copied or otherwise reproduced without the prior written consent of such transmitting Party, unless required for purposes of performance of the Agreement.

9.4. The obligation to protect and maintain confidentiality of the Confidential Information of the disclosing Party shall not apply to information that:

9.4.1. at the time of the disclosure was or has been in the public domain, otherwise than as a result of a breach by the receiving Party; or

9.4.2. becomes known to the receiving Party from a source other than the disclosing Party, without the receiving Party violating the terms and conditions of the Agreement, which can be certified by documents sufficient to prove that the source of receipt of the Confidential Information is a third party; or

9.4.3. was known to the receiving Party prior to its disclosure under the Agreement, as evidenced by documents sufficient to establish the fact of possession of Confidential Information; or

9.4.4. has been disclosed with the written permission of the disclosing Party.

9.5. The obligation to maintain confidentiality of Confidential Information shall take effect upon disclosure of such information and shall remain in effect for a period of three (3) years after termination of the Agreement.

10. MISCELLANEOUS

10.1. The Offer and the Agreement, the conclusion and performance of the Agreement (including any question regarding the Agreement's existence, validity, interpretation, implementation or termination thereof) shall be governed by the English law. If the disputes between the Partner and Yandex regarding the Agreement are not resolved by Parties through negotiations within thirty (30) business days, any dispute arising out of or in connection with the Agreement, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration administered by the Singapore International Arbitration Centre (“SIAC”) in accordance with the Arbitration Rules of the Singapore International Arbitration Centre ("SIAC Rules") for the time being in force, which rules are deemed to be incorporated by reference in this clause. The Tribunal shall consist of one arbitrator. However, if the amount of dispute exceeds US $ 20 000 000 (Twenty million) the Tribunal shall consist of three arbitrators. The Parties agree that any arbitration commenced pursuant to this clause shall be conducted in accordance with the Expedited Procedure set out in Rule 5.2 of the SIAC Rules, provided the amount in dispute does not exceed US$ 1 000 000 (One million). The language of arbitration shall be English. The seat of arbitration shall be Singapore.

10.2. The Parties hereby agree that the terms of confidentiality and data protection (including personal data) specified by the Partner during registration at Yandex website and/or at the conclusion of the Agreement do not apply to the use of such data by Yandex for the purposes of Electronic reports regarding the Services. The data (including personal) and details presented by the Partner shall be specified in the mentioned documents.

10.3. If one or more of the terms hereof appear invalid for any reason, such invalidity shall not affect the validity of any other terms of the Offer which shall remain in full force and effect.

10.4. The Parties shall promptly notify each other of all changes in their legal and mailing addresses, legal status and bank details if such changes may affect the performance of the Agreement.

10.5 - 10.7. reserved for the future amendments.

10.8. The rights and obligations of a Party under the Agreement or any substantial part thereof may be assigned and/or subcontracted by the Partner to a third party subject to prior approval by Yandex. The rights and obligations of Yandex under the Agreement, the entire Agreement or any substantial part thereof may be assigned and/or subcontracted by Yandex to third parties without any approval from the other Party. Yandex will notify the Partner prior to the assignment of any right or obligation hereunder at least five (5) days before the assignment date. The Partner is entitled to terminate this Agreement in accordance with the procedure provided for in the Offer in case the Partner does not agree with the assignment.

11. ANTI-CORRUPTION CLAUSE

11.1. YANDEX and Yandex Group companies are committed to the highest standards of business ethics in all activities. Yandex and Yandex Group companies expect their contractors to abide by the principles of business conduct set out in the Yandex Group Supplier Code of Conduct. A copy of the Yandex Group Supplier Code of Conduct is available in the corporate section of the Yandex portal at: https://company-docs.s3.yandex.net/procurement/docs/Supplier_Code_ENG_2021.pdf.

11.2. The Parties adhere to the applicable anti-corruption laws.

The Parties hereby acknowledge and confirm that they have adopted a policy of zero tolerance to bribery and corruption, envisaging a total ban of any corrupt practices and on any facilitation payments.

The Parties, their affiliates, employees, as well as intermediaries and representatives directly or indirectly involved in the performance of obligations of the Parties (including agents, commission agents, customs brokers and other third parties) shall not accept, pay, offer to pay and allow (authorize) the payment/acceptance of any funds or transfer of any benefits (including intangible), directly or indirectly, to/from any persons for the purpose of influencing the actions or decisions with the intention to obtain any improper advantage, including bypassing the procedure established by the laws, or pursuing other illegal purposes.

This clause constitutes representations material for the Parties. The Parties rely on these representations when entering the Agreement.

Either Party may unilaterally withdraw from the Agreement in case the other Party violates the obligations stipulated by this clause, by written notice and without recourse to the courts. The Agreement shall be terminated upon 10 calendar days from the date of the receipt of such written notice by the Party.

If a Party suspects that any provisions of the present clause have been violated or might be violated, the Party concerned undertakes to immediately notify the other Party of its suspicions in writing.

The Parties agree that they will use the following addresses to report any violation/risk of violation of the present clause:

To notify Yandex: stop_corruption@yandex-team.com

12. YANDEX DETAILS

Name: Tech Services LLC

Location: Azatutyan Avenue/24/7 Arabkir 0014 Yerevan, Armenia

e-mail: support@partner.yandex.com

Previous version of the document: https://yandex.com/legal/yan_service_offer_arm/29022024

Previous version of the document: https://yandex.com/legal/yan_service_offer_arm/27122023

Previous version of the document: https://yandex.com/legal/yan_service_offer_arm/06062023

Previous version of the document: https://yandex.com/legal/yan_service_offer_arm/17022023

Previous version of the document: https://yandex.com/legal/yan_service_offer_arm/24012023

Previous version of the document: https://yandex.com/legal/yan_service_offer_arm/25122022