GoldPartyTime
Become an affiliate - Run your own Gold Parties - Have fun - Make money
Affiliate package

Terms of Service

Requirements for Use

By my acceptance below, I warrant that I am at least eighteen (18) years of age and am fully and legally competent to accept the terms contained herein.

Nature of Relationship

Affiliates of Jewelry Buyers, Inc. d/b/a GPT (GPT) will be considered independent contractors of GPT and as such will be responsible for any state and/or federal taxes on income generated by Affiliate through GPT sales.

Return Insurance Liability

If a guest requests an item to be returned to them, GPT will only insure the items for the amount that GPT has offered to pay for the items.  If the guest wants more insurance then what GPT is offering, it is the customer’s responsibility to cover the cost of the extra insurance.  The guest must inform their GoldParty coordinator of their desire for the extra insurance by fax or e-mail before GPT returns the shipment.  It is at the discretion of GPT to pick the return carrier, insurance and verification of receipt for every transaction.

Limitation of Liability

GPT guarantees all property sent to GPT in accordance with the Shipping Instructions specified below for any losses up to the quoted amount of said items. Items that are not shipped in accordance with GPT specifications will be shipped at the sole risk of the Affiliate. GPT reserves the right to reject any package that appears to have been tampered with, opened and or damaged.  All said packages will be immediately returned to the Affiliate.

Shipping Instructions

All items are to be shipped USPS Priority Mail in shipping packages provided by GPT on GPT’s USPS company account.

Hold Harmless Provision

All affiliates, hosts, and guests agree to hold GPT harmless from bodily injury or property damage/loss, of any kind, that may occur during a party or during the transfer of any property items while they are in the custody of the party Affiliate. Affiliates are encouraged to obtain their own liability insurance against this type loss. All property in the custody of GPT or the US Postal service is fully guaranteed by that entity.

Acid Testing Equipment

Nitric acid is included in the affiliate package and is very harmful should you come in direct contact with it. Nitric acid can cause blindness and even death if swallowed. Extreme caution must be used when handling nitric acid. If an affiliate is not comfortable working with nitric acid it is our policy that the affiliate return the acid to GPT and not use it as a part of their party procedures.

Guest and Affiliate Payouts

The price for gold payable by GPT is determined by the amounts posted daily in the member section on the day of the party. Guest payments must be equal to or above the minimum amount posted the day of the party. GPT at its discretion reserves the right to pay the guest the minimum amount posted the day of the party in the event of a calculation error by the Affiliate. All items must be shipped the next day after the party, excluding Sunday. In the event items are not shipped the next the amount paid to the Affiliate will be the amount posted on the day the items are received. The guest payout will remain the same regardless.

Guest Methods of Payment

GPT reserves the right to change and or expand the method of paying guests. Current acceptable methods are as follows.

  1. GPT debt card issued at time of the party and loaded accordingly the day GPT receives the items.
  2. GPT company check issued the day GPT receives the items.
  3. Posted dated check issued by the affiliate on the affiliates account.

Affiliate Methods of Payment

GPT reserves the right to change and or expand the method of paying affiliates. Current acceptable methods are as follows.

  1. 1.Wire transfer the day items are received
  2. GPT company check sent overnight.

Method of Calculating Guest and Affiliate Payouts

GPT does not use a percentage to calculate the guest and affiliate payouts. A percentage is unfair to all parties in an ever adjusting market. GPT shall use a spread to calculate payout prices. The spread adjusts with the price of Comex Gold. The lower the price of gold the lower the spread. The higher the price of gold the higher the spread.

All affiliates agree that this spread set by GPT is in the best interest of the guest, the affiliates and GPT. It is a the discretion of GPT to set the price or spread.

Refer to your Member section for more information.

Non-Authentic Items

All items are tested and weighed by GPT. Should a item be determined to be non-authentic, the item will be returned to the guest. Items will be returned directly to the guest or through the affiliate depending on how the affiliate has chosen to disperse monetary payments.

Weight Discrepancies

It is the responsibility on the affiliate to insure his/her scale is accurate at the time of the party. Should a weight discrepancy appear during the weighing process by GPT of greater than two tenths of a gram the affiliate will be notified.

Surety Bond

To become a member of GPT an affiliate must be bondable. The surety bond is paid for by GPT as part of the affiliate package.

Affiliate Quota

GPT affiliates agree to invest sufficient time, energy and effort to insure profitability for both Affiliate and GPT. Failure to complete at least one party per month is grounds to terminate this agreement.

Code of Conduct

Affiliate agrees that all guests are treated with respect. GPT at its discretion reserves the right to cancel this agreement for any affiliate receiving more than three complaints per year by any guest of their gold parties. Affiliates also agree to network with other affiliates in other cities to provide support, information and encouragement.

Territory Exclusivity

An Affiliate has the exclusive right to operate their gold party business in the city they have chosen. Affiliates are encouraged to sign up other affiliates in other cities or their own. Should a person contact GPT to operate in a city with a current operating affiliate they will be directed to that affiliate to operate under them. The first affiliate of any city will receive five percent of a additional affiliate working in that city.

Legal Action

It is agreed by all parties that venue for any legal action concerning GoldPartyTime.com and its Affiliates shall be in Harris County Texas. The laws of the state of Texas shall apply in any suit.

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