e require advertisers to notify you when they change the program terms to which you are joined.

Please be aware that all information contained in this email is meant to be informational only. Prices and information contained in this email may change, be inaccurate, and/or be incomplete. Therefore, please refer to the actual program terms in the Account Manager for all exact payout amounts and information as such amounts and information shall prevail over the information contained herein in the event of a conflict.

We want you to know that Panda Security - FR, one of your joined advertisers, has made a pending offer update to your existing active terms. You can take a look at your existing term and the new proposed term in the screenshots below.

Here's what you need to do: You can accept the updated offer immediately, or wait for it to automatically activate after the 7-day wait period. No action on your part is perceived as acceptance of the new terms.

Your current active terms:
Program Term: Standard Status Active Start Date 24-Mar-2009
(Ends on 5-Oct-2009)
1. Action: Panda Sale France
ActionCriteria Completed Sale
Action Referral Period 45 day(s)
Action Referral Occurrences Unlimited
Commission 20%
Locking Period - Standard Actions lock on the 10th of the month, unless extended.
Performance Incentive For Total Sales Amount equal to or greater than 500.00 € EUR increase commission to 23% per action.
For Total Sales Amount equal to or greater than 750.00 € EUR increase commission to 27% per action.
For Total Sales Amount equal to or greater than 1,000.00 € EUR increase commission to 30% per action.



Your new pending offer terms:
Program Term: Standard_September09_Update Status Pending Offer
1. Action: Panda Sale France
ActionCriteria Completed Sale
Action Referral Period 45 day(s)
Action Referral Occurrences Unlimited
Commission 20%
Locking Period - Standard Actions lock on the 10th of the month, unless extended.
Performance Incentive For Total Sales Amount equal to or greater than 500.00 € EUR increase commission to 23% per action.
For Total Sales Amount equal to or greater than 750.00 € EUR increase commission to 27% per action.
For Total Sales Amount equal to or greater than 1,000.00 € EUR increase commission to 30% per action.

Policies: Name Content
Search Campaigns - Protected SEM Bidding Keywords
These are keywords that publishers are prohibited from bidding on for search marketing campaigns Panda, Panda Security, Panda Software
Search Campaigns - Recommended SEM Bidding Keywords
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You can go to the advertiser's detail page to view the T&Cs and accept the new pending offer by going to the following link:

https://members.cj.com/member/accounts/publisher/getadvertiserdetail.do?advertiserId=2497418

If you have further questions regarding the status of Panda Security - FR, please contact your Commission Junction account representative or Client Support.