Seller Service Agreement

BETWEEN:

KFA AG, a limited liability company with its principal office located in Switzerland (“Company”), operating the platform Seeit.co,

AND

The Content Provider (“Seller”),

Collectively, the “Parties.”

PURPOSE AND AGENCY APPOINTMENT

This Agreement governs the Seller’s use of the Seeit.co Platform to license Content to Buyers.

Appointment of Agent: The Seller hereby appoints the Company as its limited authorized payment collection agent. The Company is authorized to:

(a) Accept and process payments from Buyers on the Seller’s behalf;

(b) Deduct applicable Service Fees and administrative costs; and

(c) Remit the remaining balance to the Seller.

Legal Discharge of Debt: The Seller agrees that once a Buyer pays the Company, the Buyer’s obligation to the Seller is legally satisfied. The Company’s role is to facilitate this transaction as an agent; the Company is not a bank, money transmitter, or escrow service.

SELLER ELIGIBILITY AND VERIFICATION

In order to become a Seller, you must complete the Company’s onboarding process, which includes:

• Submitting valid government-issued identity documentation and passing a biometric liveness check.
• Providing accurate tax and banking/payout information.
• Complying with all applicable record-keeping laws, including age verification for any persons depicted in Content.The Company reserves the right to request re-verification or updated documentation at any time.

SELLER EARNINGS AND COMMISSION

Sellers are entitled to "Seller Earnings," which represent a percentage of the gross amount collected by the Company from Buyers.

Commission Structure: Unless otherwise agreed in writing, the Company shall retain a Service Fee of 20% of the gross transaction value. The remaining 80% constitutes the Seller’s Earnings.

Tax Responsibility: The Seller is solely responsible for determining, reporting, and paying any taxes (VAT, Income Tax, etc.) associated with their Earnings. The Company does not provide tax advice.

PAYOUTS AND SETTLEMENT

Seller Balance: Earnings are held in a virtual "Seller Balance" until a withdrawal is requested.

Settlement Period: All funds are subject to a seven (7) day settlement period following the original transaction to allow for fraud review and clearing.

Withdrawals: Withdrawals are subject to a minimum threshold of $50 and a maximum threshold of $5000. The Company aims to process valid requests within ten (10) business days, but delays may occur due to external banking procedures or compliance reviews.

REFUNDS, CHARGEBACKS, AND DISPUTE FEES

If a Buyer receives a refund or initiates a chargeback, the Company shall:

(a) Deduct the disputed amount from the Seller Balance;

(b) Recover the amount from future earnings if the balance is insufficient.

Administrative Dispute Fee: If a Seller’s account exceeds a 1.00% dispute rate over any 30-day period, the Company reserves the right to charge an administrative fee of $100.00 USD (or equivalent) per dispute thereafter. This fee covers the costs of compliance, manual review, and platform integrity management.

REPRESENTATIONS AND RECORD-KEEPING (2257 COMPLIANCE)

The Seller warrants that they own all rights to the Content and have verified that every person depicted is 18 years of age or older.

Record Retention: The Seller must maintain records (ID copies and signed consents) for at least five (5) years and provide them to the Company or Swiss/International authorities within 72 hours of a request. Failure to provide documentation is a material breach.

SET-OFF AND WITHHOLDING RIGHTS

The Company may offset any amount the Seller owes the Company (fees, penalties, or chargeback costs) against any amount the Company owes the Seller.

Account Freezes: The Company reserves the right to withhold payments indefinitely if fraud is suspected, during a pending moderation investigation, or to comply with a lawful order from Swiss authorities.

TERMINATION

The Seller may close their account at any time via the Platform settings. The Company may terminate this Agreement and the agency relationship immediately if the Seller violates any policy. Termination does not extinguish the Seller’s obligation to indemnify the Company for prior acts.

GOVERNING LAW AND JURISDICTION

This Agreement and the agency relationship shall be governed by the laws of Switzerland. Any dispute, controversy, or claim shall be adjudicated exclusively by the courts of the Company’s registered seat in Switzerland.

DIGITAL ACCEPTANCE

By clicking “Accept” or uploading Content to Seeit.co, the Seller confirms their appointment of the Company as their limited payment agent and agrees to be bound by these terms.