Instructor revenue share

RetBranche Academy seeks to create a sustainable partnership with instructors, where instructors are rewarded for creating amazing content and bringing students to the platform, and RetBranche Academy is rewarded for driving sales for our instructors.

There is no fee to create and host a course on RetBranche Academy, and the instructors can publish as many free and paid courses as they like. Revenue Share

When a student purchases the instructors Submitted Content, we calculate the gross amount of the sale as the amount actually received by RetBranche Academy from the student ("Gross Amount"). From this, we subtract any Transaction Taxes, any platform fees applied to mobile provider checkout sales, a 3% service and processing fee for any non-mobile provider checkout sales. The tutors revenue share will be 50% of the Net Amount less any applicable deductions, such as student refunds. If we change this payment rate, we have to provide to the instructors a 30 days notice using prominent means, such as via email or by posting a notice through our Services. RetBranche Academy makes all instructor payments in U.S. dollars (USD) regardless of the currency with which the sale was made.RetBranche Academy is not responsible for your foreign currency conversion fees, wiring fees, or any other processing fees that you may incur. Your revenue report will show the sales price (in local currency) and your converted revenue amount (in USD). Receiving Payments

For us to pay the instructors in a timely manner, they must own a PayPal, Payoneer, U.S. bank account (for U.S. residents only), or any valid bank account in other countries, in good standing and must keep us informed of the correct email associated with your account. The Instructors have to understand and agree that you are ultimately responsible for any taxes on your income.

Depending on the applicable revenue share model, payment will be made within 30 days of the end of the month in which (a) we receive the fee for a course or (b) the relevant course consumption occurred.

The instructors are responsible for determining whether they are eligible to be paid by a U.S. company. We reserve the right not to pay out funds in the event of identified fraud, violations of intellectual property rights, or other violations of the law.

If we cannot settle funds into your payment account after the period of time set forth by your state, country, or other government authority in its unclaimed property laws, we may process the funds due to you in accordance with our legal obligations, including by submitting those funds to the appropriate government authority as required by law. Refunds

The instructors have to acknowledge and agree that students have the right to receive a refund, as detailed in the out term of use . Instructors will not receive any revenue from transactions for which a refund has been granted under the Terms of Use.

If a student asks for a refund after we have paid the relevant instructor payment, we reserve the right to either (1) deduct the amount of the refund from the next payment sent to the instructor or (2) where no further payments are due to the instructor or the payments are insufficient to cover the refunded amounts, require the instructor to refund any amounts refunded to students for the instructor's Submitted Content.

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