This publication contains information protected by copyright. Product names mentioned herein may be trademarks and/or registered trademarks of the respective trademark owners. Copyright © 2013-2023 Stateside All rights reserved.
This document contains commercially sensitive and confidential information of Stateside and is the subject of copyright owned by and licensed to Stateside. Except with the prior written consent of Stateside Agency, the contents of this document shall not be used, copied, or disclosed other than as is strictly necessary for the direct evaluation of Stateside Agency’s report. Disclosure for such purpose shall be on a confidential basis and limited to those advisers and employees of the company or person involved in the evaluation and matters arising directly from Stateside report. Any queries concerning the above policy should be directed to the Stateside Agency contact person(s).
This Referral Partner Agreement (“Agreement”) acts as a general guide for potential agreements between a Company or an Individual (“RefPart”) and Stateside. This agreement will become effective at the date (the “Effective Date”) in which both parties agree on an opportunity to be approached together. Stateside and RefPart agree as follows:
Each party shall retain all title, patent, trade secret, trademark, copyright, and other proprietary rights in its Products and Services. Neither party shall acquire any rights in the other party’s Products or Services. Nothing in this Agreement shall be construed as preventing or in any way hindering either party from independently developing and owning, acquiring, marketing, selling, licensing, or otherwise disposing of any Product or Service which performs the same or similar functions of any Product or Service of the other party without incurring any liability of any kind to the other party, provided the proprietary rights of the other party and the confidentiality restrictions in this Agreement are not violated.
Stateside will contract for its own Services directly with its customers. Licensing, maintenance, support, and services for customers shall be solely the obligation of the contracting party. Unless otherwise agreed in writing by the parties, neither party will bear any obligation to the customers of the other, with respect to the Services of the other.
RefPart is not authorized to make any warranties or representations concerning Stateside’s Services. However, RefPart may provide information to a prospect on Stateside’s Services; current marketing materials supplied by Stateside, and may verbally inform the prospect of high-level Services information which is included in such current marketing material. RefPart agrees to avoid deceptive, misleading, derogatory, or unethical practices detrimental to Stateside or its Services.
Sales calls, conferences and other presentations may be made jointly when RefPart desires to call in Stateside and Stateside agrees to participate. However, the nature and extent, if any, of any sales effort by RefPart shall be entirely at RefPart’s discretion and expense. In addition, the parties may participate in joint marketing activities from time to time as the parties may mutually agree upon, including the development of sales presentation materials, press releases, direct mail campaigns, trade shows, seminars, and other events. Neither party will have any obligation to the other for costs related to such activities unless it has agreed in writing to pay such costs.
Except as provided below, neither party shall issue any press release or other form of public disclosure relating to this Agreement, without the prior written consent of the other party. A party may describe this Agreement and the relationship contemplated herein, in any filings with the Securities and Exchange Commission, to the extent such disclosure is deemed necessary or appropriate by such party, or as otherwise required by law or order of any governmental body.
This Agreement shall not make either party the legal representative or agent of the other party. Neither party shall have any right or authority to make any affirmation, representation or warranty or to assume, create or incur any liability or obligation of any kind, express or implied, for or on behalf of the other. Except as otherwise provided in this Agreement, each party shall be solely responsible for all costs, expenses and liabilities it may incur in connection with this Agreement and neither party shall be liable or obligated to the other for any such revenue sharing, costs, expenses or liabilities.
Except as provided below, any advertising or marketing material by either party that uses any of the other party’s marks, name or logo must be approved in writing by the other party prior to publication. Either party may, without requiring the other party’s consent, include the other party’s name in any list of its referral partners.
The parties agree that in connection with the relationship described in this Agreement, each may be given access to material which relates to information, either written or unwritten, which is proprietary to the other party, including, but not limited to, processes, know-how, technical knowledge and data, test data, computer programs (including source code and other program code, user interfaces, displays and menu screens), interface information (including but not limited to file layouts and certain software programs), customer information, research, inventions and discoveries (collectively, the “Proprietary Information”). The parties agree that the Proprietary Information will be treated in the manner herein described and that all steps reasonably necessary to protect the Proprietary Information shall be taken by the party receiving the other party’s Proprietary Information. In connection therewith, the parties agree that the Proprietary Information may be used by the parties only in connection with activities permitted under the terms of this Agreement, if any, and each of the parties agrees to protect the confidentiality of the Proprietary Information of the other party in the same manner that it protects the confidentiality of its own proprietary information of like kind, but no less than in the manner which is standard in the software industry. Each of the parties acknowledges that any computer program, including source and/or object code and printed version thereof, which is Proprietary Information, is especially valuable to the other party and that the value of the other party's commercial products would be substantially reduced or destroyed by unauthorized use or disclosure of such computer program.
This Agreement and its Exhibits, if any, constitutes the entire agreement of the parties with respect to its subject matter, supersedes all prior agreements or understandings with respect to its subject matter, and may not be modified except by a writing signed by both parties. Neither this Agreement nor any of the rights or obligations of a party hereunder may be assigned by either party without the prior written consent of the other party, except in connection with the sale or acquisition of such party’s business to which this Agreement relates, to or by a company which is not a competitor of the other party, whether such sale or acquisition is by merger, sale of stock, sale of assets or otherwise. Each term, condition, and provision of this Agreement shall be valid and enforced to the fullest extent permitted by law. If there is any conflict between any term, condition, or provision of this Agreement and any statute, law, ordinance, order, rule, or regulation, the latter shall prevail; provided, that any such conflicting term, condition, or provision shall be curtailed and limited only to the extent necessary to bring it within the legal requirements and the remainder of this Agreement shall not be affected or impaired thereby. This Agreement may be executed in one or more counterpart copies, each of which shall be deemed to be an original, but all of which together shall constitute one and the same instrument. The waiver of one breach or default hereunder shall not constitute the waiver of any subsequent breach or default.
Stateside and RefPart agree to the following activities or terms in addition to those obligations set forth in the Referral Partner Agreement:
RefPart will refer potential business opportunities to Stateside by making an introduction to the Stateside Team (via phone or email), as well as providing the lead's contact information (email, phone number, company, and role). If available, RefPart will also provide information about the need (size of the team, technologies involved, and term).
Stateside will offer its services to the “Registered Lead” (Client) in order to capture the business opportunity. If the business opportunity is materialized and Stateside signs a contract with the “Registered Lead” to provide its services, RefPart will access to a portion of the business deal.
If Stateside enters into an agreement with a client that is a “Registered Lead”, it will sign an agreement directly with that client and will pay a commission of 3% of Net Proceeds to RefPart upon collections for the first twelve (12) months of the engagement with the final customer, and 2% of Net Proceeds for the subsequent (12) months.
The commission payment to RefPart will only be due for the first twelve (12) months of service provided to the customer. After the end of the 24th month, except as otherwise agreed in writing between Stateside and RefPart, the commission payment will no longer be due to RefPart.
Under no circumstances shall any payments be issued to RefPart until payments are collected.
Any controversy, dispute, claim, action, suit or proceeding arising out of or based upon this Agreement or the subject matter of this Agreement will be governed by the substantive laws of the State of California without regard to its conflict of law rules. Both parties irrevocably consent to personal jurisdiction in, and the exclusive venue of, the state and federal courts located in Los Angeles County, California.
17.1: Dispute Resolution. Upon written notice from one party alleging a dispute under this Agreement, the parties first agree to meet informally (either in person or via teleconference) and in good faith to resolve the dispute; such meeting will take place within fifteen (15) days of the written notice of dispute and be between the parties ’respective chief executive officer or an authorized person.
Referral Commission Structure
|Referral Commission||Time Period|
|3% Commission (net proceeds)*||First 12 months from signed MSA|
|2% Commission (net proceeds)*||From the 12-24 months from Signed MSA|
*per referred client
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