TERMS AND CONDITIONS
A. Bob Popular (Company) is in the business of Website Design; and
B. Bob Popular wishes to offer Referral Fees, whereby Company will pay people with a unique Referral Code (Affiliate) a fee (as described below) for each client of Company referred by Affiliate to Company, or by Affiliate to client, subject to these terms and conditions;
NOW, THEREFORE, in consideration of the foregoing, and of the mutual covenants, agreements, and promises set forth herein, the parties agree as follows:
1. REFERRAL ARRANGEMENT
Commencing as of 23 September 2019 and continuing in effect until this Agreement is terminated by Bob Popular, Affiliate may, from time to time, and in its sole and absolute discretion, refer to Company certain clients (hereinafter referred to as “Referred Clients”), or refer Company to certain businesses (hereinafter referred to as “Company Referrals”). Subject to Affiliate’s compliance with the remaining provisions of this Agreement in each case, and subject to Company’s acceptance of such Referred Clients or Company Referrals, Company agrees to compensate Affiliate in accordance with Section 2 below.
2. REFERRAL FEE
Affiliate understands that Company clients pay Company in accordance with contracts entered into by Company and such clients. As consideration for a Referred Client, Affiliate shall be entitled to $50.00 (Fifty dollars) of the initial contract value of a new or remodeled website, to be paid to Affiliate within 7 days of Company and Company’s client’s execution of the initial contract, if any, signed after Affiliates referral. As consideration for a Company Referral, Affiliate shall be entitled to $100.00 (One hundred dollars) of the initial contract value of a new or remodeled website, to be paid to Affiliate within 7 days of Company and Company’s client’s execution of the initial contract, if any, signed after Affiliates referral. Company shall have the right at any time to set-off any amounts now or hereafter owing by Affiliate to Company against amounts which are then or may thereafter become due or payable to Affiliate under this Agreement.
3. PAYMENT CONDITIONS
Referred Clients and Company Referrals shall not be considered accepted by Company, and Company shall have no payment obligation hereunder, unless and until a contract is signed by Company and the Referred Clients or Company Referrals.
a. This Agreement shall be governed, construed, and enforced in accordance with and subject to the laws of the State of Texas, without regard for its conflict of laws provisions. The Recitals at the beginning of this Agreement are covenants of the parties and are a material part of this Agreement. This Agreement has been prepared and finalized by Bob Popular and agreed to by Affiliate.