Instructor Terms & Conditions

These Instructor Terms & Conditions were last updated May 3, 2021

If you are an Instructor, these Instructor Terms & Conditions (the “Instructor Terms”) contain the terms and conditions of Your participation as an Instructor via LearnFormula’s Services. This is a binding agreement between you and LearnFormula and is incorporated by reference into LearnFormula’s Terms of Use (“Terms of Use”).

Any version of these Instructor Terms in a language other than English is provided for convenience and you understand and agree that the English language will control if there is any conflict.

  1. Key Definitions

"Base Price" means the course price set by the Instructor within the Price Matrix.

"Base Currency" means the currency of the Base Price.

"Base Exchange Rate" means a system-wide rate used by LearnFormula for foreign currency conversion and does not include any fee or mark-up by LearnFormula. The rate is established using one or more third parties and is fixed periodically. Accordingly, the Base Exchange Rate may not be identical to the applicable market rate in effect at the specific time a foreign currency conversion is processed.

"Instructor Revenue" shall mean Net Amount less any refunds paid, as provided in Section 10 of the Terms of Use.

"Gross Amount" means the amount actually received by LearnFormula for purchases by Students for Your Course.

"Net Amount" means Gross Amount, less (1) Taxes (pursuant to sections 8 and 11); (2) for web sales, a three percent (3%) administrative and handling fee, and (3) any amounts paid in connection with LearnFormula’s Marketing Programs if You choose to opt-in (as further described below).

"Price Matrix" means the table available in the Pricing and Promotion Policy which will provide the matrix of Base Prices available from which You can select the Base Price for Your Courses.

“Best Practices” means a voluntary checklist for instructors to maximize exposure in search ranking on the platform.

LearnFormula’s pricing and promotional policy and terms.

"Sale Price" means the actual sale price for the Course. When the Sale Currency is different from the Base Currency, LearnFormula will determine the Sale Price based on the applicable Base Exchange Rate.

"Sale Currency" means the currency of the sale. This is determined by the country of origin of the User purchasing the Course.

All other capitalized terms used and not otherwise defined herein shall have the meaning ascribed to them in LearnFormula’s Terms of Use.

  1. Agreement

As an Instructor You are contracting directly with learnformula.com. Additionally, although We may utilize other LearnFormula subsidiaries to facilitate Your payments, Your contract remains between You and LearnFormula.

  1. Your Relationship with Students

Instructors do not have a direct contractual relationship with Students. The only information You will receive about Students is what is provided to You through the Services (“Student Related Data”). You understand and agree that You will indemnify LearnFormula for any issues arising out of Your use of any Student Related Data.

  1. Obligations

As an Instructor, You represent, warrant, and covenant that:

  1. You will visit LearnFormula.com and complete the Instructor profile and if You choose to charge fees for Your Courses, You will also need to agree again to the pricing terms which are presented to you during the paid Course creation process;
  2. You will be responsible for all of Your Submitted Content. You further agree that You own or have the necessary licenses, rights, consents, and permissions, and the authority to authorize LearnFormula, to reproduce, distribute, publicly perform (including by means of a digital audio transmission), publicly display, communicate to the public, promote, market and otherwise use and exploit any of Your Submitted Content on and through the Services in the manner contemplated by these Instructor Terms;
  3. No Submitted Content shall infringe or misappropriate any intellectual property right of a third party;
  4. You have the required qualifications, credentials and expertise, including without limitation, education, training, knowledge, and skill sets, to teach and offer the services You offer on Your Course and through the Services;
  5. You will not post or provide any inappropriate, offensive, racist, hateful, sexist, pornographic, false, misleading, incorrect, infringing, defamatory or libelous content or information;
  6. You will not upload, post or otherwise transmit any unsolicited or unauthorized advertising, promotional materials, junk mail, spam, chain letters, pyramid schemes or any other form of solicitation (commercial or otherwise) through the Services or to any User;
  7. You will not use the Services for any business other than for providing tutoring, teaching and instructional services to Students;
  8. You will not engage in any activity that will require LearnFormula to obtain any licenses from or pay any royalties to any third party, including, by way of example and not limitation, the payment of royalties for the public performance of any musical works or sound recordings;
  9. You will not copy, modify, distribute, reverse engineer, deface, tarnish, mutilate, hack, or interfere with Company Content and/or the Services or operations thereof, except as permitted in these Instructor Terms;
  10. You will not frame or embed the Services in a manner to embed a free coupon version of your course or other similar functionality intended to circumvent the Services;
  11. You will not impersonate another person or gain unauthorized access to another person's Account;
  12. Your use of the Services are subject to LearnFormula's approval, which We may grant or deny in Our sole discretion;
  13. You will not introduce any virus, worm, spyware or any other computer code, file or program that may or is intended to damage or hijack the operation of any hardware, software or telecommunications equipment, or any other aspect of the Services or operation thereof; scrape, spider, use a robot or other automated means of any kind to access the Services;
  14. You will not interfere with or otherwise prevent other Instructors from providing their services or Courses;
  15. You will maintain accurate Account information;
  16. You shall respond promptly to Students and ensure a quality of service commensurate with the standards of Your industry and instruction services in general;
  17. You are over the age of 18 or, if not, you are between the ages of 13 and 17 and a third party parent or legal guardian has agreed to these Instructor Terms, as well as all other of Our terms and policies as shall be posted on Our Services from time to time, and will assume responsibility and liability for Your performance and compliance hereunder.
  1. License to LearnFormula

You hereby grant LearnFormula a non-exclusive right and license to reproduce, distribute, publicly perform, offer, market and otherwise use and exploit the Submitted Content through the Services, and sublicense it to Users for these purposes directly or through third parties owned by LearnFormula Inc. (i.e. other marketplaces). For more information on how we may use Submitted Content please visit Our Privacy Policy. Notwithstanding the foregoing, and subject to the Instructor Terms, if you are an Instructor, unless specifically stated otherwise, You have the right to remove all or any portion of Your Submitted Content from the Services at any time. Removal of Your Submitted Content will terminate the foregoing license and rights sixty (60) days after such removal as to new Users, provided, however, that any rights given to Users prior to that time will continue in accordance with the terms granted to such Users.

You hereby agree that We may record all or any part of any Courses (including voice chat communications) for quality control and delivering, marketing, promoting, demonstrating or operating the Services. You hereby grant LearnFormula permission to use Your name, likeness, image or voice in connection with offering, delivering, marketing, promoting, demonstrating, and selling the Services, Courses, Company Content and Submitted Content and waive any and all rights of privacy, publicity, or any other rights of a similar nature in connection therewith, to the extent permissible under applicable law.

As an instructor, you acknowledge and agree that your course will not be published on Our platform without approval and that, if your course does not meet certain standards, it will be refused publication. In this event, you will receive an email from a member of Our team, explaining the reasons for the refusal to publish.

  1. Content Policy and Visibility

Content must be current, effectively designed, and accurate. Courses must be developed by a subject matter expert, whether through education or experience. The content must be based on learning objectives and outcomes that are relevant to prospective participants in the course, and clearly articulate the knowledge and skills that participants may achieve by taking the course. Courses must be effectively designed to contribute to students' professional development. Courses are reviewed by a member of Our team before being published. Additionally, where required by an accreditation or governing body, courses may undergo further review by a content reviewer, who is a subject matter expert.

Priority for search rankings will be based off compliance with as many course marketplaces as possible. It is your responsibility as an instructor to comply with the LearnFormula best practices relating to accreditation of your content. In other words, we reserve the right to drive less traffic to your courses that are not compliant in several markets, or those in which you are not in compliance with best practices for accreditation. Please see section 11 for more information.

  1. Pricing

As an Instructor, You will be responsible for determining the Base Price You charge Students for Your Course(s) from the Price Matrix. You may select any increment as defined in the Price Tier Matrix by going to the Price Edit screen in your Instructor Account. You agree to charge only for Your own Submitted Content. You may not charge separately for any course add-ons such as downloadable PDFs or other content and services (such as providing a link to a third party service to sell downloadable PDFs). The Company will handle billing and other fee interaction with Students. When the Sale Currency is different than the Base Currency, LearnFormula will determine the Sale Price using the most recently published Price Matrix. The Company reserves the right to make changes to the Price Matrix at any time.

As part of Your participation on LearnFormula, You give Us permission to share Your Course, and information about You and the Course with LearnFormula employees and selected partners, for which You will not receive compensation.

LearnFormula offers certain programs that can help you market your Courses (“Marketing Programs”). Marketing Programs may include, but are not limited to, LearnFormula's Package Credits Program. The complete list and terms of the currently available Marketing Programs are available under our Pricing and Promotions Policy, which may be updated from time to time. If You choose to participate, the fee You receive from LearnFormula will be in accordance with the terms of the particular Marketing Program that applies to the sale of Your Course.

You acknowledge that the amounts paid by Students for Courses sold through Marketing Programs are not fixed, and LearnFormula has the sole discretion to determine those amounts and which Courses to offer as part of such Marketing Programs. Further, LearnFormula does not guarantee any minimum level of success in connection with the Marketing Programs, and its selection of Courses to include is not an endorsement of those Courses, or of You. If You do not wish to participate in certain Marketing Programs, log into Your Account and opt out of them.

You may be able to increase Your sales by promoting Your Courses by using a coupon code that You have created on LearnFormula. For additional information on Instructor created coupons please see Our Pricing and Promotions Policy.

  1. Payments

If You do not opt into any of LearnFormula’s optional Marketing Programs, We will pay You a set amount fee of the Net Amount received for Your Course less any applicable deductions such as Student refunds (“Standard Fee Payments”). If LearnFormula changes the Standard Fee Share, we will provide you thirty (30) days notice via email or prominent notice on the Services.

Payment of revenue collected through the platform will be released when a customer begins the first activity of program/course or package purchased. Revenue earned by the instructor is specifically defined as revenue that is available to pay out, after a customer has started an activity, and may not coincide with directly with the purchase date of the programming to allow substitutions or alterations in a timely basis.

So that Company can pay you in a timely manner, you must have a Bank account in good standing and keep LearnFormula apprised as to the correct email address associated with your Bank account. Payment will be made within forty-five (45) days of the end of the month in which the fee for a Course was received. You are responsible for providing Company with all identifying and tax information necessary for the payment of amounts due.

As an Instructor, you are responsible for determining whether you are eligible to be paid by a Canadian Company.

  1. Refunds

As an Instructor, you acknowledge and agree that Students have the right to receive a refund, as set forth in section 10 of LearnFormula’s Terms of Use. Neither Instructors nor LearnFormula shall receive any payments, fees or commissions for any transactions for which a refund has been granted pursuant to section 10 thereof. In the event that a Student requests a refund for a Course after LearnFormula has sent an Instructor payment for that Course, LearnFormula reserves the right to either (1) deduct the amount of such refund from the next payment to be sent to that Instructor, or (2) require that Instructor to refund any amounts refunded to Students for Instructor's Course to the extent no additional payments are due from LearnFormula to Instructor or such payments due to the Instructor are insufficient to cover the amounts refunded to Students.

  1. Taxes

You understand and agree that You are responsible for any taxes on Your income. We reserve the right to withhold payment if we do not receive proper tax documentation

  1. Best Practices – For Course Compliance

To increase sales for your courses, we have compiled a checklist of best practices for more international sales. 

 

We understand these requirements are rigorous and we’re here to help! If you have any questions about the requirements, please contact us. Furthermore, we’re able to provide help uploading updates to your course onto our platform.

 

Requirement

Checklist

Details

Learning Objectives

Learning objectives

Let students know what they’ll have achieved by the end of the course. Add learning objectives to your course. These Objectives should be relevant, testable, and very specific (e.g. “Be able to explain the role of an angel investor”), rather than broad (e.g. Gain an understanding of finance). 

Knowledge level and prerequisites 

Knowledge level

 

Prerequisites 

 

Advanced preparation

Let students know if they need any preparation for the course. Please add the knowledge level, course prerequisites and advanced preparation. 

Field of Study

Field of Study

Provide between 1-3 Fields of Study for your course, describing the course content in one or two words (e.g. Financial Accounting) 

Detailed curriculum

Detailed curriculum 

Make it easy for students to navigate through your course, and find information quickly. Please provide a curriculum for your course. 

Glossary of terms

Glossary

You should provide a supplementary document in your course, featuring a Glossary of terms (i.e. an alphabetical list of terms with definitions or explanations) that come up in your course content.

Quiz questions with feedback

3 questions / 50 minutes 

 

Multiple choice 

 

Detailed feedback




You must provide 3 quiz questions for every 50 minutes of course content you provide. These questions should be multiple choice, not True/False. 

 

Quiz questions must also have detailed feedback. Evaluative feedback for each incorrect response must explain specifically why each response is wrong (e.g. writing “This is incorrect” or writing the correct answer as feedback is not accepted). Reinforcement feedback must be provided for correct responses (i.e. explain why the correct answer is correct). 

Final Exam

5 questions / 50 minutes

 

Multiple choice

 

Do not show question responses

 

Passing grade of 70%

 

Final exam assesses 75% of Learning Objectives

You must provide a Final Exam for your course. There must be at least 5 questions for every 50 minutes of course content. Questions should be multiple choice, not True/False. 

 

This should be uploaded in the same way as Quizzes, but should be titled Final Exam. You do not need to provide evaluative feedback for each correct/incorrect answer, as you do in the Review Quizzes. In the Quiz Editor, you should therefore unselect “Show question responses”, as students should not receive feedback following Final Exam questions, and enter “70%” into thePassing grade field. 

 

Lastly, the Final Exam must directly assess 75% of the stated Learning Objectives. For example, if you have 4 learning objectives stated, you must assess the students’ knowledge of at least 3 of them. To indicate which questions are probing which Learning Objectives, you may write the Learning Objective in brackets following the relevant question (e.g. “What is an angel investor? [Learning Objective: Be able to explain the role of an angel investor]”).

 

  1. Deletion of Your Account

 

If You wish to delete Your Instructor Account, please e-mail support@learnformula.com, and We will make commercially reasonable efforts to respond to Your request within 24 business hours.

  1. Modifications to These Instructor Terms

From time to time, We may update these Instructor Terms to clarify our practices or to reflect new or different practices, such as when We add new features, and LearnFormula reserves the right to modify and/or make changes to these Instructor Terms at any time. If We make any material change We will notify You using prominent means such as by email notice sent to the email address specified in Your Account or by posting a notice on Our Services. Other modifications will become effective on the day they are posted unless stated otherwise. If You continue to use the Services, after the effective date of any change, then such access and/or use will be deemed an acceptance of and an agreement to follow and be bound by the Instructor Terms as changed. The revised Instructor Terms supersedes all previous Instructor Terms.