UPDATED January 2023
Terms and Conditions
These Terms and Conditions (this “Agreement” or these “T&C”), are made and entered into by and between you, as a participant in the SB Finance Partner Community, as defined herein, acting in your company’s capacity or as an individual (the “Referring Party” or “you”), and Seedboom, LLC dba SB Finance, a Florida limited liability company (“SB”).
If you are agreeing to these terms on behalf of a business or an individual other than yourself, you represent and warrant that you have authority to bind that business or other individual to this Agreement, and your agreement to these terms will be treated as the agreement of such business or individual. In that event, “you” or “the Referring Party” also refers to that business or individual. By clicking the applicable button to indicate your acceptance of this Agreement, you agree, effective as of the date of such action, to be bound by the Agreement.
Referral Mechanics
SB hereby appoints you as a non-exclusive, independent referral source for potential SB customers. SB shall provide marketing materials and information for your use.
REFERRED POTENTIAL CUSTOMERS
A “referred potential customer” is one that (i) has an immediate need for some form of financing.
Compensation
You shall earn a commission of Ten Percent (10%) of Gross Revenue earned by SB from customer accounts referred to SB by you.
Commissions shall be paid to you on a monthly basis, calculated based on the just completed prior month, and paid within thirty (30) from the close of each month. If any payment due to you from SB is past due, then in addition to any other remedies available to you under this Agreement or at law or equity, You may impose a finance charge on all amounts past due equal to the greater of one and one half percent (1 and 1/2%) per month or the maximum allowed by law and charge SB for your costs of collection therefor, including but not limited to, reasonable attorneys’ fees and court costs. SB shall provide you with monthly revenue reports for all your introduced customers.
Relationship
It is understood that you are acting as finder only and shall have no authority to enter into any agreements or commitments on SB’ behalf, or to negotiate the terms of the SB’ agreements. This Agreement does not constitute a contract of employment. The parties intend and agree that each shall serve as an independent contractor of the other. Nothing contained in this Agreement shall be construed to place the parties in a relationship of partners, joint venturers, principal and agent, or employer and employee.
Confidentiality
“Confidential Information” means non-public confidential information, including, but not limited to, personnel information, oral written, or graphic non-public information disclosed by either party to the other, and information developed or learned by either party during the term of this Agreement. You and SB agree that Confidential Information will be exchanged and used solely for the purposes provided herein and according to the applicable terms of this Agreement. Moreover, the parties will cooperate with one another in taking reasonable steps to protect the confidentiality of information that is exchanged or used for the purposes provided herein. Each party will be responsible for the maintenance and protection of its own trade secrets and confidential information.
Marketing
Except for the referral activities contemplated herein, and/or any disclosure required by legal, accounting or regulatory requirements, all public uses of the trade names, trademarks, or symbols of SB are prohibited without the prior consent of SB.You hereby agree to receive email communications from SB, including but not limited to, the Partner Newsletter, product updates, SB promotions and any other communications sent to the partner community. You may opt out of promotional communications if you so choose via the emails themselves.
Governing Law
This Agreement and all acts and transactions pursuant hereto and the rights and obligations of the parties hereto shall be governed, construed and interpreted in accordance with the laws of the State of Florida, without giving effect to principles of conflicts of law. Each of the parties to this Agreement consents to the exclusive jurisdiction and venue of the courts of the state and federal courts of Pinellas County Florida.