Terms & Conditions of Referral Program
By submitting the above referral form, you hereby agree to the rules of engagement as outlined in the Voltage X Referral Program and to the following terms and conditions:
You confirm you have the authorization to submit the above information and no other party lays claim to the project or product sales referenced.
Voltage X maintains the right to be the sole decider on whether to accept a referral and as to whether a referral qualifies under the Voltage X Pilot Program or the Voltage X Product Referral Program. You hereby waive all rights to litigation in connection with the information you have provided and agree to indemnify Voltage X from any claims which may arise as a result of you providing the above information.
To the maximum extent permitted by the law, in no event will Voltage X be liable for loss of profits or other economic loss, special, consequential, exemplary, or incidental damages (including without limitation any loss of business, profits, revenue, goodwill, use or data), even if such party has been apprised of the likelihood of such damages occurring. These limitations apply to all causes of action in the aggregate, including without limitation causes of action arising out of breach of warranty, negligence, strict liability, misrepresentation, product liability, and any other torts. Unless prohibited by law, the maximum aggregate cumulative amount of money damages for which either party may be liable will be limited to the referral fee actually paid or payable.
These terms and conditions will be construed and governed in accordance with the laws of Alberta, Canada, without regard to any rules of conflicts or choice of law provisions that would require the application of the laws of any other jurisdiction.
Rules of Engagement of the Voltage X Referral Program
The referring party must find and qualify the opportunity, introduce Voltage X to the correct contacts and participate in the transition of the lead into Voltage X hands.
A qualified opportunity may be submitted to Voltage X via the online form at www.voltagex.co/referrals
A lead is only eligible for the referral program as long as they end customer is not already actively working with Voltage X or one of our approved partner priors to submission of the lead referral information.
In order for a referral to be approved, referral details (above) must be submitted to Voltage X. Voltage X will confirm receipt of the details and respond with approval or rejection with seven (7) business days.
If a referral is approved, the referring party will receive a referral agreement. If a referral is declined the referring party will be notified by e-mail with an explanation for the rejection.
In order to be eligible for a commission, the opportunity must close within 365 days from the date of approval.
If there is more than one prospective end customer with a single business or entity, one lead referral will count for each individual project opportunity.
After deal is closed, add-on/expansion, maintenance project or other opportunities from the same customer are not covered under the initial lead referral agreement
Lead referral fees are payable to the referring party on the following deal components:
Net purchase value – 10% where the referring party chooses not to be actively involved in sales cycle and is not an existing representative of a Voltage X partner.
The commission total may be split in the event that multiple parties participate in different steps of the sales cycle as per the below:
• 60% of the commission total to the party that specifies and develops the product preference.
• 30% of the commission total to the party that submits the Purchase Order.
• 10% of the commission total to the representing party that owns the contract for representation in the project location.
Payment is conditioned upon receipt of a firm order from the end customer and end customer must submit full payment to Voltage X for the order.
Payment of referral fees will be due and payable within 45 days following Voltage X’s receipt of payment from the end customer.
Order fulfillment by Voltage X is subject to agreed upon terms in the Purchase Order when received by Voltage X and at Voltage X’s discretion.
Should the program be terminated the parties shall jointly identify all active referrals, which, for the purposes hereof, shall include only such referrals where sales activity with regard to thereto has taken place in the 12 months prior to the notice of such termination. All other referrals will be deemed inactive as of the effective date of termination and no fees shall be paid in connection with sales thereto. Fees will only be paid in connection with sales made to the active referrals, as so identified, within a period of three months from the effective date of termination of the program.
Any arising disputes from this referral program can be submitted to sean@voltagex.co including a written description of all issues and alleged harm, prior to commencing any legal proceeding or formal dispute resolution procedure.
Approval or rejection of lead referral submission will be made at the sole discretion of Voltage X and will be non-negotiable and final. Voltage X does not guarantee the success or closure of any referred lead approved under this program. Voltage X reserves the right to modify, supersede, or eliminate all or any of these terms and conditions or to terminate the program without notice.