CReward Terms of Service

Article 1 (Purpose)

These terms and conditions aim to clarify the rights, obligations, responsibilities, service usage procedures, and other related matters between YP Lab Co., Ltd. (hereinafter referred to as the “Company”) and its members regarding the use of CReward (hereinafter referred to as the “Service”) provided by the Company, thereby promoting smooth transactions between both parties and ultimately fostering mutual development by enhancing common interests.

Article 2 (Definitions)

The definitions and interpretations of the terms used in these terms and conditions are as follows. Additionally, interpretations of terms not defined in each paragraph of this article shall be based on related laws and notices posted on the Company’s website.

  1. “Service” refers to various digital resources, including advertisements, sound sources, and content provided by the Company, which support members in engaging in activities on various “Activity Platforms.” It also includes an advertising service where the “Company” and “Members” distribute advertising revenue obtained by the Company through these activities at a specific ratio, and all related ancillary services.
  2. “Advertiser” refers to a customer who enters into a service agreement with the Company in accordance with these terms and conditions for the purpose of advertising, promoting, and marketing their individual or corporate business, and uses the services provided by the Company.
  3. “Member” refers to an individual or entity who enters into a service agreement with the Company in accordance with these terms and conditions, publishes the advertisements, sound sources, content, etc., provided by the “Company” on their “Activity Platform,” agrees to these terms and conditions for the purpose of receiving settlement payments for their performance, and is approved as a service subscriber. Members can be individuals or legal entities and will receive agreed-upon compensation from the Company for their performance.
  4. “Activity Platform” refers to the platforms where the Company’s advertisements are published in accordance with these terms and conditions, such as YouTube and Instagram operated by the member.
  5. “Settlement Payment” refers to the amount paid to the member based on the settlement payment distribution criteria separately determined by the Company when revenue is generated by publishing the Company’s advertisements, sound sources, content, etc., on the member’s activity platform.
  6. “Fraudulent Revenue” refers to settlement payments generated for the member due to the member’s violation of the terms and conditions, operating policies, or related laws, or prohibited activities.
  7. “Withdrawal” refers to the termination of the “Service” usage agreement between the member and the Company, which requires the member to apply directly through a separate customer center.

Article 3 (Specification, Effect, and Revision of Terms)

  1. The Company shall post the contents of these terms and conditions on the relevant service screen (within the site under “Terms of Use”) so that members can be aware of them.
  2. The Company may define detailed contents not stipulated in these terms and conditions in a separate “CReward Operating Policy” (hereinafter referred to as the “Operating Policy”) and announce them through the relevant service screen, notices, etc. Furthermore, this Operating Policy constitutes a part of these terms and conditions and has the same effect as these terms and conditions.
  3. The Company may revise these terms and conditions within the scope that does not violate relevant laws. In the event of revising the terms and conditions, the Company shall specify the scheduled application date and the reason for the revision and post them on the service screen from 7 days prior to the scheduled application date. However, in the case of changing the terms and conditions to the disadvantage of the member, the Company shall announce them with a prior grace period of at least 30 days.
  4. Agreeing to these terms and conditions means agreeing to periodically visit the Company’s website to check for changes to the terms and conditions. The Company shall not be liable for any damages incurred by users or members due to a lack of awareness of the changed terms and conditions, even if they have agreed to the changed terms and conditions (including deemed agreement) in accordance with this article.
  5. If a member does not agree to the changed terms and conditions, they may request to withdraw from membership (terminate the usage agreement). If the Company announces or notifies the changed terms and conditions in accordance with paragraph 2 and announces or notifies the user that they will be deemed to have agreed to the changes if they do not express their refusal by the application date of the changed terms, and the user does not explicitly express their refusal, the Company shall deem that the user has agreed to the changed terms and conditions.
  6. Matters not stipulated or interpreted in these terms and conditions shall be governed by relevant laws or commercial practices.
  7. Members shall always be attentive to any changes in the contents of individual terms and conditions or usage policies, and shall check for such changes when announcements are made.

Article 4 (Conclusion of Usage Agreement)

  1. The usage agreement between a member who wishes to use the service and the Company is established when the member agrees to these terms and conditions according to the procedures set by the Company and applies for account registration within the CReward site, and the Company approves it.
  2. The Company may refuse approval if a member who has applied as in paragraph 1 falls under any of the following subparagraphs, and may revoke approval even after registration if any of the following subparagraphs are confirmed.
    1. If the member has previously lost membership under these terms and conditions.
    2. If the name is not real or another person’s name is used. (e.g., resident registration number, business registration number, etc.)
    3. If false information is provided or the content presented by the Company is not provided.
    4. If approval is impossible due to the member’s fault or the application violates other stipulated matters.
    5. If otherwise deemed necessary by the Company.
  3. The member’s agreement to these terms and conditions is considered as agreement to all services provided by the Company in connection with this service.
  4. The Company may add or change member information and other information items requested from the member if necessary for providing the service.

Article 5 (Settlement Payment Distribution and Settlement Method)

  1. The settlement payment generated by the member using the service will be paid to the member based on the settlement payment calculated according to the separately determined settlement distribution criteria.
  2. The minimum amount for settlement payment is 10,000 KRW. If the monthly settlement payment does not exceed 10,000 KRW, the settlement amount will be carried over. The maximum carryover period due to insufficient funds is 6 months, after which the accumulated amount for 6 months will be paid in full.
  3. If the member is not a business operator, the Company may deduct and pay taxes and public charges incurred according to the settlement payment amount from the settlement payment.
  4. If the member fails to receive the settlement payment due to invalid bank account information, etc., during the payment process, the member is responsible, and the Company will not compensate for this.
  5. If the settlement payment is not paid due to the reason in the preceding paragraph, the Company will notify the member in accordance with Article 18, and the Company may withhold the payment of the settlement payment for up to 6 months until the member corrects the bank account information.
  6. The Company may request the issuance of tax-related documents stipulated in tax-related laws, such as consent to the collection of personal identification information and tax invoices, for settlement payment and tax processing. If the member does not agree to the collection of personal identification information, does not issue a tax invoice within the approval period, or if the information provided by the member is invalid, the Company may withhold the payment of the settlement payment.
  7. The Company may refuse to pay fraudulent revenue and may recover the fraudulent revenue from the member if it has already been paid.
  8. The Company may initiate an investigation to confirm suspected fraudulent revenue based on reports, etc., and may withhold the payment of settlement payments until the investigation is completed.
  9. If the member or the Company expresses an intention to terminate these terms and conditions, the Company will confirm the settlement payment up to the date of expressing the intention to terminate (hereinafter referred to as “Remaining Settlement Payment”) and pay it to the member if the Remaining Settlement Payment is greater than or equal to the payment standard amount set by the Company. The specific payment method and timing are specified in the Operating Policy.
  10. Payment of settlement payments may be restricted to members who are under usage restrictions or in a suspended or closed business status. Other specific criteria are specified in the Operating Policy.

Article 6 (Member's Obligations)

  1. Members shall comply with relevant laws, the provisions of these terms and conditions, usage guidelines, notices related to the service, and matters notified by the Company, and shall not engage in any activities that interfere with the Company's business. 1
  2. Members shall not engage in the following activities:
    1. Providing false or another person's information when applying for membership or changing member information.
    2. Infringing on the intellectual property rights, such as copyrights, of the Company or a third party.
    3. Damaging the reputation of the Company or a third party or interfering with their business.
    4. Impersonating or misrepresenting the Company or a third party and harming the Company's reputation by using unauthorized bulletin boards, spam emails, etc.
    5. Changing information posted on the Company's service or using information obtained through the service for commercial or non-commercial purposes such as reproduction, publication, or broadcasting without the Company's prior consent, or providing it to a third party.
    6. Engaging in activities that harm advertisers or benefit themselves or a third party by posting and promoting advertisements using various fraudulent methods, whether manual or automated.
    7. Any activity that fraudulently or improperly posts and promotes advertisements for the purpose of generating settlement payments.
    8. Activities that intentionally cause losses to advertisers and the Company by pursuing fraudulent profits other than the methods contracted with the Company.
    9. Any other activities that violate the service's operating policies.
  3. The Company may contact the member using their mobile phone number or email address among their personal information if the following situations occur:
    1. When an activity corresponding to paragraph 2 is detected.
    2. When the member's posts need to be quickly modified/deleted at the request of the advertiser.
  4. The Company may request necessary materials for settlement payment (e.g., settlement payment reports provided by the activity platform), and the member must provide them in good faith.
  5. The Company may withhold or confiscate settlement payments if the member falls under the following cases:
    1. Violating the terms and conditions of the SNS platform.
    2. Not complying with the guidelines provided by the Company.
    3. When fraudulent activities (e.g., false views, click inducement, etc.) are confirmed.
  6. The member has the obligation to manage their ID, password, etc., and is responsible for all disadvantages arising from the ID and password due to the member's negligence. However, the Company is responsible if it is caused by the Company's intentional or gross negligence.
  7. If the member becomes aware that their ID, password, etc., have been stolen or are being used by a third party, they must immediately take measures such as changing their password and notify the Company if the problem persists and follow the Company's guidance.
  8. Members shall comply with related laws, the provisions of these terms and conditions, and matters notified by the Company, and the member shall be responsible for all consequences of non-compliance.

Article 7 (Service Interruption)

  1. The Company may temporarily interrupt the provision of the service in the event of reasons such as maintenance, inspection, replacement, failure of information and communication facilities such as computers, or disconnection of communication.
  2. The Company may restrict or temporarily interrupt the provision of the service if it is unable to provide the service due to a natural disaster or force majeure equivalent thereto.
  3. In the event of a service interruption under paragraphs 1 and 2, the Company shall announce the fact and reason in advance. However, if there are circumstances that make it difficult to announce in advance, it shall announce at a feasible time afterward.

Article 8 (Performance Measurement)

  1. All performance aggregation generated through the member's activity platform is based on the performance measurement provided by the Company, and the member cannot raise objections to this.

Article 9 (Collection and Use of Data)

  1. The Company may collect data information to determine whether advertisements are abnormal, etc., in providing the service. The Company specifies the main items of the collected data in the Operating Policy.
  2. The Company may use the information collected in accordance with the preceding paragraph for the services provided by the Company, etc., and may provide it to third parties in accordance with relevant laws.

Article 10 (Member Notification)

  1. When the Company notifies the member, it may do so by email address, (mobile) phone number, etc., provided by the member, unless otherwise specified in these terms and conditions.
  2. When the Company notifies all members, it may replace the notification in the preceding paragraph by posting it in the notice section of the service for at least 7 days. However, matters that have a significant impact on the member's use of the service shall be individually notified.

Article 11 (Usage Restrictions, etc.)

  1. The Company may restrict the use of the service if the member violates any of the obligations under these terms and conditions or interferes with the normal operation of the service.
  2. Notwithstanding the preceding paragraph, in case of violation of related laws such as subparagraph violations, payment theft, phone number theft, obstruction of operation, violation of the "Copyright Act" and the "Act on Promotion of Information and Communications Network Utilization and Information Protection, etc.," the Company may immediately suspend usage. In the event of usage suspension under this paragraph, all benefits acquired through the use of the service will also be extinguished, and the Company will not provide separate compensation for this.
  3. In the event of restricting service use in accordance with this article, the Company shall provide notification in accordance with Article 10 (Member Notification), and the member shall be granted an opportunity to explain within 30 days.
  4. The member may file an objection to usage restrictions, etc., under this article through valid methods such as phone contact or email. If the Company acknowledges that the objection is justified, the Company shall immediately resume the use of the service.

Article 12 (Termination)

  1. The member may apply for termination of these terms and conditions by directly accessing the service at any time, and the Company shall immediately process this as prescribed by relevant laws. However, if the member has unsettled settlement payments, the Company will pay the unsettled settlement payments later.
  2. The member may apply for re-registration after the termination date of these terms and conditions. Even if re-registered, the member's existing usage records will not be succeeded.

Article 13 (Intellectual Property Rights, etc.)

  1. Intellectual property rights (including patents, utility models, designs, trademarks, and copyrights) related to works created by the Company itself in connection with the service provided by the Company (including derivative works created by the Company using product content provided by the member) belong to the Company, and if the member uses them without the Company's prior written approval, the member shall bear all civil and criminal liability.
  2. Content, posts, etc., written by the member may be exposed to the service provided by the Company and related promotions without the member's consent, or may be partially modified, reproduced, or edited within the scope necessary for such exposure and posted.
  3. The contents of this article shall remain valid even after the termination of these terms and conditions.

Article 14 (Personal Information Protection Obligations)

  1. The Company strives to protect the member's personal information as prescribed by relevant laws, and related laws and the Company's privacy policy apply to the protection and use of personal information. The Company's privacy policy does not apply to related external services other than the Company's official website.
  2. The Company promptly destroys the member's personal information when the service is terminated or the member withdraws consent to provide personal information. However, certain information may be retained as prescribed by related laws such as the Act on Consumer Protection in Electronic Commerce, etc.
  3. The Company may collect additional personal information with the member's consent as prescribed by related laws for the purpose of service improvement and introduction of services to members.
  4. The Company may provide the member's information to a third party within the scope approved and consented to by the member for smooth service operation. In this case, the Company complies with the matters stipulated in Article 17 of the Personal Information Protection Act, etc., to protect the member's personal information and obtains the member's consent to provide personal information to a third party in advance.

Article 15 (Damages, etc.)

  1. The Company shall compensate the member for damages within the scope prescribed by relevant laws if damages occur to the member due to the Company's intentional or negligent acts in connection with the use of the service.
  2. If damages occur to the Company due to the member's violation of these terms and conditions or related laws, the member shall compensate the Company for the damages within the scope prescribed by relevant laws.

Article 16 (Company's Exemption)

  1. The Company is not responsible for providing the service if it is unable to provide the service due to force majeure such as natural disasters, DDOS attacks, IDC failures, telecommunication carrier line failures, media failures, or equivalent events.
  2. The Company is not responsible for service usage disruptions caused by the member's fault.
  3. The Company is not responsible for damages incurred due to information obtained by the member through the use of the service.
  4. The member is responsible for all content, sales, etc., of the media registered by the member, and the Company is not responsible for this.

Article 17 (Governing Law and Jurisdiction)

  1. The laws of the Republic of Korea shall apply to the interpretation of these terms and conditions and disputes between the Company and the member.
  2. In the event of a dispute between the Company and the member in connection with these terms and conditions and service use, and a lawsuit is filed, the court of jurisdiction shall be determined in accordance with the Civil Procedure Act.
  3. Matters not stipulated in these terms and conditions shall be governed by other related service terms and conditions of the Company, related laws, and commercial practices.

[Addendum]

These terms and conditions shall be effective from December 27, 2024.

CReward

YP Lab Co., Ltd.

Business Registration Number : 655-81-03655

Address : 495 Anguk-ro, Yangchon-eup, Gimpo-si, Gyeonggi-do, 3rd Floor, Room 305-BI16

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