TERMS AND CONDITIONS
Welcome to the Practitioner Rebate Program ("Program"). Please read these Terms and Conditions (“Terms”) carefully. The Patient Fulfillment is an added service provided by Spectrum Innovations ("SII") on behalf of its partner Healthcare Practitioner ("HCP") to their Patients.
A. ELIGIBILITY & ENROLLMENT
- This Program is open to all registered HCP of SII.
- To enroll in this program, HCP must complete the form and submit a copy of BIR Form 2303 or Certificate of Registration (COR).
B. REBATE CREDITS
- HCP enrolled in this Program are entitled to earn up to 20% rebate credits with each patient orders.
- 20% rebate will be credited to the HCP for VATable sales; while 5% rebate will be credited to the HCP for NON-VATable sales, applicable to Senior Citizen & PWD patients with valid ID.
- SII may offer discounts and promotions to patients at its discretion. All rebates will be calculated based on the invoiced amount after any discounts or promotions have been applied.
- Upon HCP's request, a monthly report shall be sent to the HCP's registered email, which will include a summary of patient orders and cumulative rebate total.
- SII reserves the right to correct at any time the computation of rebate which it has deemed to be erroneous.
C. PAYOUT
- HCP at any time may initiate the rebate payout process by sending an email indicating the desired rebate amount and the preferred payout date. HCP shall allow a minimum of five (5) business days for the processing of rebate payout.
- All rebates are subject to withholding tax.
- HCP agrees to provide an invoice receipt and a signed copy of BIR Form 2307 once the rebate is ready to be released. HCP may choose to arrange their own courier service or schedule a messenger to faciliate the document exchange.
- SII reserves the right hold the release of rebate until the invoice receipt and signed copy of BIR Form 2307 are available or can be provided.
- Rebates may be accumulated within one (1) calendar year. All unrelesed rebates will automatically be disbursed by January the following year.
D. PATIENT FULFILLMENT
- All patients shall register using the HCP's unique practitioner code proir to ordering.
- Patients at any time may place their orders through the Patient Fulfillment site, or directly with SII.
- All patients will be charged Standard Retail Price (SRP) for the products they order, in addition to a standard delivery fee based on the delivery address.
- A 20% discount and VAT exemption shall be granted to all Senior Citizens & PWD patients with valid ID.
- All orders will be shipped within 48hours from the time order is confirmed and payment has been made by the patient.
- SII will only replace goods that were incorrectly or mistakenly delivered at no additional cost, provided products are in good condition and fit for resale. Returns will only be accepted within seven (7) days of receiving the package.