Definition of a Qualified Referral
A qualified referral is a lead submitted through the Renew Alert Referral Portal that meets the following criteria:
- The prospect is not currently a Renew Alert client.
- The prospect is not actively engaged in the sales process with Renew Alert at the time of submission. This includes:
- Being part of an ongoing email campaign from Renew Alert.
- Having received or scheduled a sales presentation.
- Having received pricing information.
- Being in the final stages of onboarding.
Upon receipt, Renew Alert will review the referral and make a best effort to contact the prospect if they are deemed a valid lead and a good fit for Renew Alert’s SaaS contract management services.
Referral Payment Terms
- Bonus Eligibility: Referral payments are made only after the referred client has executed an agreement and completed three full months of payments to Renew Alert.
- No Pro-Rated Payments: If the client does not make all three payments, the referral bonus will not be issued.
- Tax & Payment Processing:
- If the total amount received by the referrer exceeds $600, a valid W-9/1099 form must be provided for tax purposes.
- Payments will be issued via check and mailed to the address provided by the referrer.
- Payments will be processed within 30 days of receiving the referred client’s third payment.
Referral Eligibility & Expiration
- 120-Day Window: If the referred prospect does not convert into a Renew Alert client within 120 days of submission, the referral is no longer eligible for a payout.
- Conflicting Referrals: If the same business becomes a client within the 120-day period but was referred by a different individual who has no connection to the original referrer’s submission, the original referral will not be eligible for a payout.
By participating in the Renew Alert Referral Program, you acknowledge and agree to these terms.