Terms & Conditions for CCBP 4.0 Academy - Partner Program

Published on: July 13th, 2023
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These terms & conditions are for the purpose of Partner Program (hereinafter referred to as “Partner Program”) which is provided by NxtWave Disruptive Technologies Private Limited (hereinafter referred to as “NxtWave” or “Company”) at its sole discretion.

Please read these T&C carefully before participating in the Program. By participating in the Program, you agree to be bound by these T&C, which are in addition to and subject to Nxtwave’s “Terms of Use” and “Privacy Policy”. 

Agreeing to the T&C hereby means that you consent, agree and undertake to participate in the Program in accordance with the agreed terms and conditions. If you do not agree with any part of the T&C, please do not participate in the Program.
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These T&Cs are effective from 3rd March 2023.

1. Definitions & Interpretation

For the purposes of this T&C, unless there is anything in the subject or context inconsistent therewith, the capitalized terms listed below shall have the following meanings:

“Bonus” shall mean any additional amount other than the Commission that is given to the Partner by the Company based on the performance at the sole discretion of the Company.

“CCBP 4.0 Academy” shall mean any of the below programs: 

  • CCBP 4.0 Academy Smart
  • CCBP 4.0 Academy Genius
  • CCBP 4.0 Academy Edge

“Commission” shall mean the amount earned by Partners for promoting and selling the Program.

“Confidential Information” shall mean any confidential or proprietary information or/and data, whether owned by the Company, its associates or a third party obtained through a confidential arrangement, whether disclosed in oral or written form, including but not limited to any kind of business, commercial or technical information and data including, but not limited to: trade secrets, know how, technology, software, customer information, business plans, processes and ideas disclosed by the Company to the recipient.

“Enrollment” shall mean the completion of following steps for each payment plan:

  • Full Payment Plan: payment of the entire Program Fee before accessing the CCBP 4.0 Academy content.
  • Loan Payment Plan:
  • Payment of the Seat Reservation Amount (If opted for)
  • Payment of the Down payment Amount
  • Application for a loan and completion of the verification process
  • Loan disbursement, if approved.
  • Installment Payment Plan:
  • Payment of the Seat Reservation Amount (if opted for)
  • Payment of the Down payment Amount (if opted for)
  • Payment of the first installment amount as defined by the Company from time to time.
  • Monthly Installments Payment Plan:
  • Payment of the Seat Reservation Amount (if opted for)
  • Payment of the down payment Amount
  • Application for an auto-debit facility to facilitate monthly installment payments.
  • Verification and approval of the auto-debit facility

“Program Fee” shall mean the fee charged by the Company for CCBP 4.0 Academy.

“Invitation Link(s)” shall mean the weblink(s) with Partner’s unique code embedded in them, for the purpose of Webinar registration or payments by the Referral.

“Partner” shall mean any individual/organization that promotes CCBP 4.0 Academy (Here-in-after referred to as “Program”) provided by NxtWave and earns commission. The detailed information relating to CCBP 4.0 Academy can be checked in the website https://www.ccbp.in/terms-and-conditions

“Referral” shall mean any individual referred by the Partner who has successfully registered for the Webinar through Partner’s unique Invitation Link.

“Webinar” shall mean the online session (live or recorded) to be attended by the Referrals as prescribed by the Company, in order to enroll for the CCBP 4.0 Academy 

2. Terms related to Commission and Bonus

  • The Commission shall be disbursed in tranches (Transaction 1, 2 and 3) as per the terms mentioned below
  • In case the Referral opts for Full Payment Plan, Loan Payment Plan or Installment Payment Plan, the Partner shall receive commission in following manner
Program Total Commission (in INR)* Commission in 1st Transaction (in INR)* Commission in 2nd Transaction (in INR)*
CCBP 4.0 Academy Genius 8000
1000
7000
CCBP 4.0 Academy Smart 8000
1000
7000
CCBP 4.0 Academy Edge 8000 1000 7000

*TDS Applicable

  • 3. If the Referral opts for Monthly Installments Payment Plan, the Partner shall receive commission in following manner
Program Total Commission (in INR)* Commission in 1st Transaction (in INR)* Commission in 2nd Transaction (in INR)* Commission in 3rd Transaction (in INR)*
CCBP 4.0 Academy Genius 8000
1000
3500
3500
CCBP 4.0 Academy Smart 8000
1000 3500 3500
CCBP 4.0 Academy Edge 8000 1000 3500 3500

*TDS Applicable

  • 4. The detailed terms related to each transaction are as follows:
  • Transaction 1:
              i.  All Payment Plans: Commission is payable upon receipt of down payment amount from the Referral to the Company.
         ii.  Full Payment Plan and Installments Payment Plan: In case the Referral does not opt for down payment, both Transaction 1 and Transaction 2 shall be released together subject to fulfilling the  prerequisites for Transaction 2 as defined below.
  • Transaction 2:
              i.  Full Payment Plan, Loan Payment Plan and Installments Payment Plan: Commission is payable after completion of Enrollment process, completion  of the refund  period as per the terms and conditions of the CCBP 4.0 Academy at https://www.ccbp.in/terms-and-conditions provided no refund was given by the Company during this period. For the avoidance of any doubt, in case of  Loan Payment Plan, Partner is not eligible for Commission if the loan is approved but not yet disbursed to the Company’s account. 
         ii.  Monthly Installments Payment Plan: Commission is payable after completion of Enrollment process, completion of the refund period as per the terms and conditions of the Program at https://www.ccbp.in/terms-and-conditions and payment of 1st Monthly Installment by the Referral.
  • Transaction 3: Commission is payable after the payment of 3rd Monthly Installment by the referral. 3rd transaction is applicable only for Referrals opting for Monthly Installments Payment Plan.
  • 5. Commission shall not be paid if the Referral claims the refund before the disbursal of commission. If Referral claims a refund (or) if the loan is not approved/disbursed post the payment of Commission, then the commission paid to the Partner shall be recovered or deducted/adjusted in future commissions and bonus payable to the Partner.
  • 6. Bonus or Commission shall be subjected to applicable Statutory Deductions such as TDS as per relevant tax laws and regulations.
  • 7. The Commission structure and amount mentioned above is indicative only. The Company reserves the right to modify the terms of Commission, including structure and amounts, from Partner to Partner based on factors such as performance, at its sole discretion.
  • 8. The Company reserves the right to provide Bonus to the Partner at any given time at its sole discretion.
  • 9. The Commission and other benefits are inclusive of all applicable taxes, duties and levies.
  • 10. The Partner shall be eligible for commission, only if the Referral uses the Partner’s Invitation Link during Webinar Registration and all further payments applicable. For the sake of clarity, Commission shall not be granted to the Partner for enrollments made through any other partner’s Invitation Link. In case of any disputes, the decision of the Company shall be final and binding.
  • 11. If the Partner doesn't raise the invoice within 120 days from the date of notifying the Partner about their eligibility to claim the final tranche of commission (Transaction 2 or 3, as the case may be) with respect to  a Referral, the Partner shall forfeit the right to claim or receive the unclaimed commission for that Referral.
  • 12. If the Company receives more than three refund requests from Referrals of a particular Partner and/or suspects misuse of the Partner Program, the Company may immediately suspend their participation in the Partner Program at its sole discretion. The Company may also withhold any amounts to be paid, recover the amounts paid or adjust in future invoices.
  • 13. Payment Timeline
  • The Partner shall generate and submit invoices for the commision accrued during a specific month after the conclusion of that respective month. The payment will be processed within 14 days of receiving the invoice, provided the Company didn’t seek any clarification or further information related to the invoice.
  • 14. The Partner will not receive any additional commission if their Referral, who is an existing customer of a Program, upgrades/changes to any other Program in future.

3. Confidentiality:

  • The Partner shall maintain the confidentiality of any proprietary or confidential information provided by the Company, in written or verbal form, during the course of their association with the Company and shall not disclose such information to third parties without prior written consent of the Company. The Partner shall immediately return or destroy the Confidential Information upon the Company's request. Confidential Information shall include any copies or abstracts made thereof as well as any modules, samples, prototypes or parts thereof. The terms and conditions of this Partner Program shall be treated as confidential.

4. Indemnification

  • Partner agree to indemnify and hold the Company harmless from any claims, damages, losses, liabilities, and expenses (including reasonable legal fees) arising out of or related to their participation in the program. Partner shall indemnify the Company against any claims or actions brought by third parties arising from their breach of confidentiality obligation, unauthorized use or disclosure of confidential information, or any other violation of the terms and conditions of the program. The indemnification obligations shall survive the completion or termination of the Program. Company shall promptly notify Partner of any claims or actions subject to indemnification, and Partner shall cooperate fully in the defense of such claims.

5. Intellectual Property Rights

  • Any intellectual property created, developed, or produced by participants in the Program shall be the sole and exclusive property of the Company. Participants hereby assign, transfer, and convey all rights, titles, and interests in and to such intellectual property to the Company without any additional compensation. Company shall have the right to use, modify, reproduce, distribute, display, and sublicense the intellectual property for any purpose, including but not limited to commercialization, marketing, and promotion, without any obligation to compensate participants. Participants warrant and represent that their participation in the program and the creation of intellectual property do not infringe upon any third-party rights. Participants shall indemnify and hold Company harmless against any claims or actions arising from the infringement of intellectual property rights. This intellectual property clause shall survive the completion or termination of the program, and its terms and conditions shall be binding upon participants.

6. General Obligations

  • Company reserves the right to substitute, change, cancel or add to any part of these terms at any time, including terminating the Partner Program. The continued participation of Partner shall be considered as deemed acceptance to the updated terms and conditions.
  • The Partner acknowledges and accepts that the Commission may vary from time to time.
  • Any Invitation Link change request from the Referral will only be considered within 7 days from the date of registration of the Referral and the company’s decision shall be final. The request has to be sent according to the latest format prescribed by the Company.
  • Company reserves the right to decline or cancel your participation in the Partner Program, with or without any advance notice, if the Company believes that;
        a. The Partner’s participation in any way is impairing the brand and/or goodwill associated with any of the Intellectual Property
        b. If the Partner or any officer, director, or staff member of the Partner gives to the Company any false or misleading information or makes any misrepresentation in order to induce Company to enter into this Agreement.
        c. If the Partner or any officer, director, or staff member of the Partner is involved in any suspicious activity.
  • The company holds the power to block the Invitation Link in case of any misuse, at the sole discretion of the Company. In such a case, the Company reserves the right to withhold the Commission/Bonus to be paid, to recover any paid amounts or to adjust in future invoices. Decision of the Company will be final in this case.
  • The Partner cannot use his own unique Invitation Link to register to any other program for themselves.
  • The Partner shall adhere to any promotional guidelines, policies, or instructions provided by the Company from time to time. This includes maintaining the integrity and reputation of the Company and its courses while promoting them
  • The Partner shall accurately represent the Company's courses and initiatives, ensuring that the information provided to potential referrals is truthful, transparent, and not misleading.
  • The Partner must refrain from sharing his/her link publicly on social media platforms or sharing it over groups in Whatsapp, Telegram or such other platforms.

7. Governing Law, Jurisdiction & Dispute Resolution:

  • These Terms & Conditions shall be governed by the laws of India only.
  • Both Parties hereby irrevocably agree to submit all disputes to the exclusive jurisdiction of Hyderabad Courts.
  • Any dispute or disagreement arising from or related to this agreement shall be resolved through mutual discussion in the first instance, failing which it shall be resolved through arbitration in accordance with the Indian Arbitration and Conciliation Act, 1996. The arbitration shall be conducted by a mutually agreed single arbitrator. The arbitration proceedings shall take place in Hyderabad, India and be conducted in English. The arbitrator's decision shall be final and binding.
  • NxtWave shall not be liable in the event it fails to fulfill any of its obligations under these terms and conditions due to flood, earthquake, storm, cyclone or any other acts of god of similar nature, war, strike, lockout, quarantine, lockdown, or governmental or judicial or quasi-judicial policies/intervention/direction /prohibition or change in law or for any other reasons beyond its control.