Posted: March 25, 2019
Effective: March 25, 2019
PARTICIPATION
With the Fract Referral Partner program, you can get paid commissions of up to 25% for finding new Fract customers. The Referral Partner program is great for individuals, companies, or organizations, including:
To join the Referral Partner program, please fill in your details here. Our team will get in touch and learn a bit more about your business, as well as answer any questions you have about the partner program.
Once you become a Referral Partner, you'll be given your own special referral link that will be connected to your account. You can put it on your website, include it in your email signatures, newsletters etc. Any time someone signs up to Fract trial using this link, we can pay you when they convert to a paid plan.LEAD QUALIFICATION
The Lead sent by a Referral Partner is qualified and accepted if:
(a) Customer has not previously purchased services from Fract, or
(b) it is a new business account (excluding upgrades from previous purchased Services) from an existing Fract customer.
Fract will review each Lead to determine if the Lead is qualified for registration as a New Customer or New Opportunity with an existing customer. Fract may in its sole discretion, elect not to qualify a Lead as a New Customer or a new opportunity with an existing Customer.
Examples when Fract may disqualify a Lead include, but are not limited to circumstances in which the Lead:
(i) is the subject of a then-active direct sales effort by Fract or another Fract Partner;
(ii) is the subject of a public request for proposal;
(iii) is not credit worthy;
(iv) is a self referral;
(v) is a customer with whom the Referral Partner has not established a sales relationship;
(vi) is a referral from a Fract Employee.
TERMS OF PAYMENT
Referral Partners receive Referral Fee for each new Lead that performs actions below using their referral link:
a) signs up to a trial and then converts to any paid plan within three (3) months after the Lead’s registration date;
b) signs up to any paid plan skipping the trial offer.
We offer the Referral Fee to Referral Partners upon each paid invoice during 3 years of the customer you land at the following rates:
TERMINATION
PROGRAM CHANGES
In the event of a modification of the Referral Partner program by Fract, Referral Fees for Leads will be paid according to the terms in effect as of the date of the Lead was registered for a period of 6 months afterwards. Following such 6-month period, Referral Fees will be paid according to the terms of the modified Referral Partner program.