PLEASE READ THE TERMS OF THIS PINTEREST ADVERTISING SERVICES AGREEMENT. BY USING THE AD SERVICE, ENTERING INTO AN INSERTION ORDER OR OTHER ORDER FORM REFERENCING THIS PINTEREST ADVERTISING SERVICES AGREEMENT, AND/OR BY CLICKING A BUTTON AND/OR CHECKING A BOX INDICATING YOUR ACCEPTANCE IF APPLICABLE, YOU AGREE TO THE TERMS OF THIS PINTEREST ADVERTISING SERVICES AGREEMENT.
This Pinterest Advertising Services Agreement (“Agreement”) is entered into between Pinterest, Inc. on behalf of itself and its affiliates (“Pinterest”) and the entity accepting this Agreement (“Signatory”), and governs Signatory’s access to and use of the Pinterest advertising service (the “Ad Service”). When Signatory uses the Ad Service on its own behalf it is an “Advertiser.” When Signatory uses the Ad Service on behalf of a third party, Signatory is an “Agency” and that third party is an “Advertiser.” The parties agree as follows:
(a) Advertiser authorizes Pinterest to place the advertisements, related technology and any other content that Advertiser provides in connection with the Ad Service (“Ad Content”) on any Pinterest or third party product or property made available in connection with the Ad Service (“Ad Service Properties”). Advertiser is solely responsible for (i) Ad Content, (ii) any website, application or other destination to which Ad Content directs users (“Destinations”), (iii) services and products offered on Ad Content and Destinations (“Advertiser Products”), and (iv) its use of the Ad Service (e.g. bidding and targeting decisions).
(b) Advertiser grants Pinterest and its users a non-exclusive, royalty-free, transferable, sub-licensable, worldwide license to use, store, display, reproduce, modify, create derivative works, perform, and distribute Ad Content on the Ad Service Properties. Nothing in this Agreement will restrict other legal rights Pinterest may have to Ad Content (for example, under other licenses).
(c) Advertiser represents and warrants that (i) it has all necessary rights to grant the licenses in Section 1(b), (ii) the Ad Content will not violate any applicable law or regulation, or infringe any third party intellectual property rights, and (iii) that is has the necessary authority to enter into this Agreement. Advertiser will comply with all laws applicable to Advertiser’s use of the Ad Service and the Ad Content, Destinations, and Advertiser Products.
(d) If Advertiser collects data (including personal data) from end users that is used with an Ad Service feature (for example, conversion tracking), Advertiser must provide clear notice to each end user and obtain any legally-required consent from each end user for the collection, sharing and use of that data by Advertiser and Pinterest. If Advertiser uses Pinterest technology that stores and accesses cookies or other information on an end user’s device, Advertiser must clearly disclose, and obtain end user consent for, that activity where required by law. Advertiser will ensure that any personal data obtained from end users is processed and transferred in compliance with applicable data protection laws and regulations, and will follow all reasonable directions from Pinterest related to such compliance.
(e) Agency represents and warrants that it: (i) is the authorized agent of Advertiser, and (ii) has the legal authority to enter into the Agreement, bind Advertiser under this Agreement, and use the Ad Service, each on behalf of Advertiser. Agency will be liable for Advertiser’s obligations under this Agreement to the extent Agency (i) fails to bind Advertiser to this Agreement or (ii) breaches its representations and warranties in this Section 1(e). Pinterest may share information about Agency’s use of the Ad Service on behalf of an Advertiser with that Advertiser.
Advertiser’s use of the Ad Service is subject to the Ad Service policies made available to Advertiser (“Policies”), including Pinterest’s Acceptable Use Policy (about.pinterest.com/use/), Advertising Standards (about.pinterest.com/advertising-standards), and Brand Guidelines (business.pinterest.com/brand-guidelines). Pinterest may modify Policies from time to time. Advertiser authorizes Pinterest to review any Destination, including by automated means, to provide the Ad Service and to determine compliance with Policies. Advertiser will not, and will not authorize any third party to, (i) generate automated, fraudulent or otherwise invalid impressions, clicks, or other user actions, or (ii) use any automated means or form of scraping or data extraction to access information relating to the Ad Service, except as expressly permitted by Pinterest. Advertiser acknowledges that Pinterest has the right, but not the obligation, to monitor Ad Content. Pinterest may reject or remove Ad Content (i) where it reasonably suspects or becomes aware such Ad Content infringes any (a) applicable laws, (b) regulations or third-party rights, or (c) Policies, or (ii) for any reason. In addition, Pinterest may (i) suspend or terminate Advertiser’s participation in the Ad Service if it believes in good faith that Advertiser is in breach of this Agreement or Policies and (ii) modify or cancel the Ad Service at any time. Advertiser will not break or circumvent an Ad Service security measure or provide Ad Content that contains malware or other malicious code.
(a) General. Advertiser will pay all charges incurred in connection with the Ad Service based on the applicable billing metric (e.g. impressions, engagements, clicks or other metrics) (“Charges”). Charges will be based solely on Pinterest’s measurements and are exclusive of taxes. Advertiser will pay all applicable taxes and other government charges. To the maximum extent permitted by law, Advertiser waives all claims related to Charges not disputed in writing 60 days after the applicable invoice or credit card charge. Pinterest may extend, revise or revoke credit to Advertiser at any time in its sole discretion.
(b) Payment. If Advertiser submits its credit card information for payment, Advertiser authorizes Pinterest to obtain pre-authorization and charge Advertiser’s credit card for Charges. Advertiser is solely responsible for any additional fees (e.g. overage fees) resulting from the use of the credit card for payment. If Pinterest approves Advertiser for invoice billing, Pinterest will invoice Advertiser monthly and Advertiser will pay all Charges Net 30 days from its receipt of an invoice. If Advertiser fails to pay an invoice within sixty (60) days of receipt, payment will be considered delinquent and Pinterest may, in its sole discretion, charge Advertiser’s credit card for the Charges incurred on such invoice(s). If Advertiser fails to pay multiple invoices, payment will be considered delinquent and Pinterest may in its sole discretion elect to: (i) charge Advertiser’s credit card for the total delinquent amount but continue to invoice Advertiser monthly for future Ad Services; or (ii) charge Advertiser’s credit card for the total delinquent amount and revert to periodically charging Advertiser’s credit card for future Ad Service fees, rather than invoice Advertiser monthly. Late payments will bear interest at a rate of 1.5% per month or the highest rate permitted by law, whichever is less. Advertiser will pay reasonable expenses and attorney’s fees Pinterest incurs in collecting late payment.
(c) Agency Liability. If (i) Agency uses the Ad Service on behalf of an Advertiser to which Pinterest has extended credit, and (ii), and Pinterest relies on such Advertiser’s credit limit for Agency’s use of the Ad Service, then Pinterest will hold Agency liable for Charges solely to the extent Agency has received payment from the Advertiser. If (i) Pinterest cannot extend an Advertiser credit, (ii) Pinterest has extended Company credit, and (iii) Agency elects in writing for Pinterest to rely on Agency’s credit limit for its use of the Ad Service, then (y) Pinterest will hold Agency and each Advertiser jointly and severally liable for Charges Agency incurs in respect of such Advertiser, and (z) Pinterest reserves the right to collect payment directly from Agency or Advertiser.
(d) API Partners. If Advertiser uses the Ad Service through an approved third-party service provider (an “API Partner”), Advertiser acknowledges that Pinterest cannot comply with any budget limits set by Advertiser and API Partner, and Advertiser will be responsible for all Charges incurred through an API Partner notwithstanding any budget limits.
For campaigns involving guaranteed CPM deliverables, if the campaign’s final actual impressions are below the agreed upon levels, the parties will use commercially reasonable efforts to agree upon the conditions of a makegood flight. Pinterest cannot guarantee the delivery of auction-based deliverables so makegoods will not be available.
No party will disclose another party’s Confidential Information to a third party except (i) to contractors or agents who need to know it and who have agreed in writing to confidentiality obligations at least as protective as this Agreement, or (ii) as required by law after using reasonable efforts to provide advance notice of such disclosure. “Confidential Information” means information disclosed by a party to the other party under this Agreement that is marked confidential or would reasonably be considered confidential under the circumstances, and excludes any information that (i) is or becomes public, through no fault of the recipient, (ii) was rightfully acquired by or already known to the recipient without an existing confidentiality obligation, or (iii) is independently developed by the recipient.
To the extent permitted by applicable law, the Ad Service is provided on an "as is" basis without warranty of any kind, whether express or implied. PINTEREST SPECIFICALLY DISCLAIMS ANY AND ALL WARRANTIES AND CONDITIONS OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT, AND ANY WARRANTIES ARISING OUT OF COURSE OF DEALING OR USAGE OF TRADE. Advertiser acknowledges that third parties may generate user activity on Ad Content for prohibited or improper purposes, and any credits or refunds for such activity are at Pinterest’s sole discretion.
EXCEPT FOR A PARTY’S GROSS NEGLIGENCE OR WILLFUL MISCONDUCT AND BREACHES OF SECTIONS 5 (CONFIDENTIALITY) AND 8 (INDEMNITY) AND THE LAST SENTENCE OF SECTION 2, TO THE FULLEST EXTENT PERMITTED BY LAW: (A) NO PARTY WILL BE LIABLE UNDER THIS AGREEMENT FOR ANY DAMAGES OTHER THAN DIRECT DAMAGES (SUCH AS SPECIAL OR PUNITIVE DAMAGES), AND (B) EXCEPT FOR AGENCY OR ADVERTISER’S PAYMENT OBLIGATIONS UNDER THIS AGREEMENT, NO PARTY’S AGGREGATE LIABILITY FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THIS AGREEMENT WILL EXCEED THE AMOUNT PAID OR PAYABLE BY ADVERTISER TO PINTEREST IN THE NINETY (90) DAYS BEFORE THE DATE OF THE ACTIVITY FIRST GIVING RISE TO THE CLAIM.
(a) By Advertiser. Advertiser will indemnify, defend and hold harmless Pinterest and its officers, directors, employees, agents and affiliates, against any liabilities, damages, losses, costs and expenses (including legal fees) (“Losses”) arising from or related to any third-party allegation or legal proceeding (any “Claim”) arising from or related to: (i) the Ad Content, Destinations or Advertiser Products; (ii) breach of this Agreement; (iii) breach of any applicable laws; and (iv) Advertiser’s gross negligence or willful misconduct.
(b) By Agency. Agency will indemnify, defend and hold harmless Pinterest and its officers, directors, employees, agents and affiliates, against any Losses arising from or related to any Claim arising from or related to Agency’s breach of Section 1(e).
(a) Campaigns involving auction-based deliverables may be cancelled at any time prior to the auction.
(b) Campaigns involving guaranteed CPM deliverables may be cancelled after the campaign start date with 14 days’ written notice.
(c) Pinterest may modify this Agreement at any time. The modified Agreement will be posted at a URL available through Advertiser’s Ad Service account, will not apply retroactively, and will become effective 7 days after posting except for changes made for legal reasons, which will become effective immediately. Either party may terminate this Agreement at any time with notice to the other party, but any continued Advertiser use of the Ad Service will be subject to the then-current Ad Service terms posted at a URL made available through Advertiser’s Ad Service account.
(d) Sections 1 (Ad Service), 2 (Policies), 3 (Payment), 5 (Confidentiality), 7 (Limitation of Liability), 8 (Indemnity), 9 (Term/Cancellation), and 10 (General) will survive termination of this Agreement.
(a) The parties will resolve any claim, dispute, or controversy (excluding claims for injunctive or other equitable relief) arising from or relating to this Agreement (“Disputes”) by binding arbitration by the American Arbitration Association (“AAA”) under the Commercial Arbitration Rules and Supplementary Procedures for Consumer Related Disputes then in effect for the AAA, except as provided in this Agreement. Unless the parties agree otherwise, the arbitration will be conducted in San Francisco, California. Each party will be responsible for paying any AAA filing, administrative and arbitrator fees (“Fees”) in accordance with AAA rules, except that Pinterest will pay Advertiser’s reasonable Fees if Advertiser’s claim for damages does not exceed $75,000 and is non-frivolous according to Federal Rule of Civil Procedure 11(b). The arbitrator has exclusive authority to resolve any dispute relating to the interpretation, applicability, or enforceability of this Section 10.a. Any judgment on the arbitrator’s award may be entered in any court of competent jurisdiction. Nothing in this Section 10(a) will prevent either party from seeking injunctive or other equitable relief for matters related to confidentiality, data security, intellectual property or unauthorized access to the Ad Service. ALL DISPUTES MUST BE BROUGHT IN A PARTY’S INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING. UNLESS THE PARTIES AGREE OTHERWISE, THE ARBITRATOR MAY NOT CONSOLIDATE A PARTY’S DISPUTE WITH THE DISPUTE OF A THIRD PARTY. EACH PARTY WAIVES ITS RIGHT TO A TRIAL BY JURY OR TO PARTICIPATE IN A CLASS ACTION.
(b) NOTHING IN THIS AGREEMENT IS INTENDED TO LIMIT A PARTY’S NON-WAIVABLE STATUTORY RIGHTS. If any provision of this Agreement is found invalid, illegal or unenforceable, the remainder of the Agreement will remain in full force and effect.
(c) Failure to enforce any provision of this Agreement will not constitute a waiver.
(d) Any amendments to this Agreement must be in writing, executed by the parties and expressly state that they are amending this Agreement.
(e) Except as expressly stated in this Agreement, there are no third-party beneficiaries to this Agreement.
(f) All notices must be in writing (including email). Notices of termination and breach must be sent to the other party’s legal department. The email address for Pinterest’s legal department is commercial-contract-notices [at] pinterest.com. All other notices may be sent to a party’s regular point of contact. Notice will be treated as given on receipt.
(g) No party will be liable for inadequate performance to the extent caused by a condition beyond the party's reasonable control.
(h) No party may assign any part of this Agreement without the other party’s written consent except to an affiliate or in a change of control. Any other attempt to assign is void.
(i) This Agreement does not create any agency, partnership, or joint venture between the parties.