Affiliate programme terms

BULLISH BEAR AFFILIATE AGREEMENT Version: affiliate-2026-10-03-v1 This agreement applies when accepted through the Bullish Bear affiliate application. Participation begins only after your application is approved. 1. Parties and admission This programme is operated by XXVIII Ltd (company 08184502), trading as Bullish Bear, 87a Cherry Orchard Road, Croydon, United Kingdom, CR0 6BE. Applicants must be at least 18 and authorised to enter this agreement for themselves or their business. A free Bullish Bear account is sufficient. Applications are reviewed; submitting an application does not itself approve participation. 2. Referral attribution A new customer must register within 30 days of clicking your approved link. The first eligible link used on that browser wins. Attribution is saved to their account when they register and survives the 21-day trial. Tracking may not work across devices, blocked storage or cleared browser data. Customers may also enter an eligible affiliate code before their first paid subscription. Self-referrals, fabricated accounts and fraudulent payments are not eligible. Once attributed, another code cannot replace the affiliate. The public SHARPEN code creates no affiliate attribution and preserves any existing attribution. Attribution history is retained after eligibility ends. Customers receive 10% off their first 12 qualifying monthly payments, with no reset on cancellation or resubscription. The first annual subscription includes one extra month, then renews every 12 months at the normal annual price. A monthly customer may claim that annual benefit once when upgrading; the monthly discount ends on upgrade. Offers cannot be stacked on the same payment. The existing 21-day free-access period is unchanged. Exact tax and renewal details appear at checkout. The 12-payment customer discount allowance is distinct from the affiliate's 12-calendar-month commission eligibility period. 3. Commission All approved affiliates receive 30% of a referred customer's first annual subscription payment, or 20% of successful monthly payments within 12 calendar months of the customer's first paid subscription. The trial does not start that clock. The clock does not restart after cancellation or resubscription. Plan changes do not restart it. Commission applies only to actual eligible charges, after discounts and excluding tax; partial charges earn proportionate commission. No commission is payable on later annual renewals. Historical commission rates are recorded with each payment. No income or referral volume is guaranteed. 4. Holding period and payment Commission is held for 30 days after each successful customer payment. Cleared unpaid commission enters the next monthly payout on the 15th, subject to any chosen minimum and valid payout details. The default minimum is £10; affiliates may instead choose £25, £50 or £100. Balances below that amount carry forward. Annual commission is paid as a lump sum, not in instalments. Monthly commission accrues as customers pay. Example: a payment on 1 October clears on 31 October and enters the 15 November payout. The payout minimum applies to the net amount you receive after processing fees. If fees would bring the payment below your chosen minimum, your commission carries forward until the net payment reaches it. Unconfirmed fee estimates do not establish payout eligibility. Before submission, we reserve the displayed net payment and an estimated processing fee from your cleared commission. Bullish Bear adds no markup. Each payout statement shows the commission settled, processing fee and net payment. Only the actual fee for that transfer is deducted; estimated fees are not recorded as paid fees. Once PayPal confirms the result, only the net payment and actual processing fee are settled. Any unused fee reserve remains in your commission balance for a future payout; it is not an additional fee and is not sent as a separate transfer. If a payment is returned, its principal and any retained or refunded fees must be reconciled before the available balance is restored. Payouts use PayPal in GBP and require a PayPal account eligible to receive the payment in the recipient's market. Availability is subject to PayPal restrictions. PayPal's published UK standard Payouts fee, checked 3 October 2026, is 2% of the sent amount, capped at £10 for domestic GBP payouts and £60 for international GBP payouts. Our displayed estimate uses the higher cap until the applicable recipient market is verified; actual account-specific charges remain authoritative. Fee schedule: https://www.paypal.com/uk/business/paypal-business-fees Currency-conversion or withdrawal charges may also be imposed by the recipient's provider or bank; these are separate from our deduction. Illustration only: if the provider charges £1 for a payout against £50 of cleared commission, £49 is sent to you. Actual charges depend on the provider, destination and currency; a 2% fee is not guaranteed. We do not send payouts where the processing fee would consume the entire amount. Balances carried forward do not expire merely for being small. The affiliate is responsible for their applicable tax reporting. For example, an eligible annual payment of £99 before tax earns £29.70 commission. The bonus month generates no additional commission because no payment is taken for it. Tax is never included in commission. 5. Refunds, reversals and disputes Refunded or reversed payments do not qualify. Partial refunds reduce commission proportionally. Disputed payments may be held pending resolution. Commission already paid on a refunded or reversed payment is offset against future earnings; every adjustment appears in the statement. Cancellation alone does not remove commission on an otherwise valid payment. Fraud may result in suspension. 6. Honest promotion Clearly disclose affiliate advertising before the audience engages with it and follow applicable advertising rules. Do not promise profits, guaranteed trading results or guaranteed improvement; describe Bullish Bear as historical practice and educational software. Do not impersonate Bullish Bear, send spam, use cookie stuffing or misleading offers, or bid on Bullish Bear brand terms without written permission. Use approved branding without implying an employment relationship. 7. Privacy and statements You receive anonymous referral references, payment and commission information, not customer names, emails, payment credentials or practice activity. We use your application, account and payment records to operate the programme and maintain the acceptance and financial audit trail. See the platform privacy notice. 8. Suspension, termination and changes Either party may end participation by notice through platform support. We may suspend activity for suspected fraud, misleading advertising or material breach. Legitimate accrued earnings remain subject to refund, dispute and holding rules; they are not forfeited solely because the affiliate leaves. Material changes will be notified for acceptance and do not retrospectively reduce valid earnings. No authority is granted to contract on our behalf. Contact support to dispute a statement so the underlying payment records can be reviewed. 9. Governing terms English law applies, subject to mandatory rights that cannot be excluded. The parties will first seek to resolve disputes through support. Acceptance is recorded with the authenticated account, legal name, timestamp, exact text and version.