Affiliate Program Terms and Conditions provide the legal framework for an affiliate program. It defines the relationship between the parties involved, outlining the responsibilities and expectations of each party. Typically, these agreements list out what services are provided by the business to its affiliates, such as commission rates for sales generated, payment schedules and methods, promotion rules and other restrictions, as well as intellectual property rights and exchange of confidential information. By reading and accepting the terms and conditions, the affiliates are agreeing to be held accountable for their actions, and understand the consequences should they breach any of the agreement’s clauses. It is important to read through these terms and conditions carefully before signing up or participating in any affiliate program.