1. Referral Program Overview
1. Referral Program Overview The Company agrees to provide incentives for client referrals as follows:
•The referred client will receive a 5% discount off the total cost of their job.
•The Referrer will receive a 5% referral fee, calculated from the total revenue collected from the referred job (“Referral Fee”).
Total revenue is defined as the full amount billed to and paid by the client for the referred job before discounts and excluding taxes.
2. Eligibility
•Referrer must be at least 18 years old.
•The referred client may be an existing or new customer of the Company.
•The referred job must be completed, and payment must be collected in full.
3. Payment Terms
•The Referral Fee will be calculated based on the net profit of the referred job.
•Payment will be made within 30 days of the Company receiving full payment from the client.
•Payments will be issued via [check, direct deposit, etc.].
4. Exclusions
•No Referral Fee will be paid if the Referrer is directly involved in providing the electrical services.
•Referrals from employees, contractors, or affiliates of the Company are not eligible.
5. Independent Contractor
The Referrer acts as an independent contractor and not as an employee or agent of the Company. This Agreement does not establish a partnership or joint venture.
6. Compliance with Laws
Both parties agree to comply with all applicable state and federal laws, including tax regulations. The Referrer is responsible for reporting and paying any applicable taxes on Referral Fees earned.
7. Termination
Either party may terminate this Agreement at any time with written notice. Upon termination, any unpaid Referral Fees for completed jobs will be paid as outlined in Section 3.
8. Entire Agreement
This Agreement constitutes the entire understanding between the parties and supersedes all prior agreements. No changes or modifications will be effective unless made in writing and signed by both parties.
