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NoFollow links

Hi all,

I've been reading about NoFollow tags and apparently you're supposed to use them when linking to sites that have paid you, so that Google doesn't lower your ranking?  Is that correct?

Reason for asking: my new app will have a "library" web page of scripts that I intend to allow companies to pay to contribute to, along with a link back to their site or blog, etc.

As an example, it'll look something like this on my page:

Description: Email seating plan screenshot
Contributed by: <a href>TablePlan</a>
ScriptStart
[...]
ScriptEnd

As you can see, the company that contributed the script will have a link back to them, so I just want to confirm that I'd need to use the NoFollow tag in the link?

Thanks!
PSB136 Send private email
Saturday, January 16, 2016
 
 
Also, while you're reading, how much is a fair price to charge for a working link like that?  I was thinking USD $99 for 365 days, and then the name remains but the link becomes plain text.  The company would then have an option to pay again for another year of working link.
PSB136 Send private email
Saturday, January 16, 2016
 
 
This tag is more than 10 years old. Get with the times.
Scott Send private email
Sunday, January 17, 2016
 
 
But it's still relevant, isn't it?  I saw this image which says it should still be used for paid links to prevent Google penalization:

http://searchengineland.com/download/nofollowtag-1000-2919.png

Maybe I should just add them to be safe?
PSB136 Send private email
Sunday, January 17, 2016
 
 

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