All contracts for Services between Interakt and a Qualified Referral will be conducted solely by Interakt. Partner agrees to not negotiate terms or make commitments on behalf of Interakt. Interakt shall collect all the subscription charges for the Services directly from the Qualified Referral.
Partner shall be entitled to a commission, only if a Qualified Referral signs up as an Interakt paying customer within twelve (3) months (“Conversion Period”) from the date a referral is submitted by Partner. On a case by case basis, the Parties may mutually agree in written format to waive or extend the Conversion Period for a particular referral.
Once a Qualified Referral becomes a paying customer the Partner is entitled to referral commission as per schedule outlined in the next FAQ. The referral commission is based on the applicable referral commission rate applied on all transaction amounts collected by Interakt. Transaction amount includes Interakt subscription charges. Referral commission would exclude charges towards discounts, taxes payable and subsequent refunds not due to Interakt’s invoicing error or breach.