IN CONSIDERATION OF the mutual promises and covenants hereinafter contained and other good and valuable consideration, the receipt of which is hereby acknowledged the parties here to agree as follows:
1. Referrals
A. Subject to the terms and conditions of the Agreement, Rendyn™ LLC may from time to time submit & refer potential customers to “Your company”.
B. “Your company”, in its sole discretion, shall have the option to enter into, or decline to enter into, an agreement with any potential customer referred to “Your company” by Rendyn™ LLC.
2. Compensation & Penalties
A. Rendyn™ LLC shall pay "Your Company" an entitled payment of $50.00 per customer referral that has fully signed up and is paid in full to our referral network, to "Your Company" to which the customer referral originated from using the dedicated promo code we have provided to your company ONLY.
B. “Your Company” shall be paid by Rendyn™ LLC the total entitled amount due for each customer referral that has fully signed up and is paid in full to our referral network, to “Your Company” by Rendyn™ LLC within 1-3 business days at the end of every month and shall not be entitled to any payment to “Your Company” except as specifically provided herein section 2:A
C. "Your Comapny" shall terminate this contract with Rendyn™LLC if the full Entitled Compensation as put forth in both sections 2:A-B has not been fullfilled and paid within 48hrs of Rendyn™ LLC having been notified of the non-payment.
3. Term and Termination
A. The initial term of this agreement shall be one (1) year from the effective date and shall be renewed thereafter automatically on a (1) year basis, unless sooner terminated as hereinafter provided, subject to and upon the conditions specified herein.
B. Either party may terminate this agreement at any time upon ten (10) days prior written notice, email or phone call to the other party. Upon termination of the agreement, a list shall be prepared of all pending unfinished business involving any customers or potential customers "Your Company" has referred out and was fully signed up and fully paid for our referral network services.
4. Acting as an Affiliate Partner ONLY: Non-Exclusivity
A. It is understood that Rendyn LLC is acting as an affiliate partner only and shall have no authority to enter into any agreements, obligations or commitments on “Your Company” behalf, or to negotiate the terms of potential customers’ agreements with “Your Company”. Rendyn™ LLC hereby agrees to indemnify, defend, and hold “Your Company” harmless and from any claims, actions, lawsuits, damages, awards or judgments arising out of any such agreements, obligations, or commitments undertaken by Rendyn™ LLC or the breach thereof.
B. Rendyn™ LLC acknowledges that “Your Company” may enter into referral agreements or similar arrangements with other parties and that Rendyn™ LLC shall have no rights under such agreements or to any fees for customers referred to “Your Company” by others or identified by “Your Company” itself.
5. Relationship
A. Rendyn™ LLC and “Your Company” expressly intending that no employment, partnership, or joint venture relationship is created by this agreement, hereby agrees as follow: (i) Neither Rendyn™ LLC nor anyone employed by or acting for or on behalf of Rendyn™ LLC shall ever be construed as an employee of “Your Company” and “Your Company” shall not be liable for employment taxes respecting Rendyn™ LLC or any employee of Rendyn™ LLC; (ii) Rendyn™ LLC shall not make any commitment or incur any charge or expense in the name of “Your Company” without the prior written approval of “Your Company”; (iii) Rendyn™ LLC expressly acknowledges and agrees that except to the extent expressly provided herein, neither Rendyn™ LLC not anyone employed by or acting on behalf of Rendyn™ LLC shall receive or be entitled to any consideration, compensation or benefits of any kind from “Your Company”.
6. Indemnification
A. Each party shall indemnify, defend and hold the other party (and all officers, directors, employees, referrals, and affiliates thereof) harmless from and against any and all claims, demands, actions, losses, damages, assessments, charges, liabilities costs and expenses (including without limitation interest, penalties, and attorney’s fees and disbursements) which may at any time be suffered or incurred by, or be assessed against, any and all of them, directly or indirectly, on account of or in connection with: (i) such party’s default under any provision herein, breach of any representation or warranty herein, or failure in any way to perform obligation hereunder; or (ii) negligent acts or omissions or the willful misconduct of such party or its employees, referrals, contractors or invitees.
7. Liability
A. Under no circumstances shall either party be liable for any indirect, incidental, economic, special, punitive or consequential damages, whether for breach of contract, negligence or any other cause of action, that result from the relationship or the conduct of business contemplated herein.
8. Explanations
A. Entire Agreement
This agreement constitutes the sole and entire understanding between the parties with respect to the subject matter hereof and may not be altered or amended except in writing signed by both parties. This agreement supersedes all prior communications or agreements written or oral and is intended as a complete and exclusive statement of the terms of the agreement between the parties.
B. Notice
All notices given, and requests made hereunder must be sent in writing and must be delivered or sent either by nationally recognized overnight courier or registered or certified United States mail, return receipt requested, postage prepaid. All notices to either party shall be delivered to their respective addresses listed above. The parties may change their address by notice delivered to the other party. Any notice or request sent by registered or certified United States mail, return receipt requested, postage prepaid shall be deemed given on the date of receipt or refusal as indicated on the return receipt. Any notice or request sent by overnight courier service shall be deemed given on the date of receipt or refusal of the same.
C. Confidentiality
Rendyn™ LLC acknowledges that by reason of its relationship to “Your Company” hereunder, it may have access to certain information and material concerning “Your Company” business, plans, customers, technology and products that are confidential and of substantial value to “Your Company”, which value would be impaired if such information were disclosed to third parties. Rendyn™ LLC agrees that it will not use in any way for its own account of any third party, not disclose to any third party, any such confidential information revealed to it by “Your Company”. In the event of termination of the agreement, there shall be no use or disclosure by Rendyn™ LLC of “Your Company” and disclosure by Rendyn™ LLC of any confidential information of “Your Company” and any materials related to “Your Company” shall be immediately returned to “Your Company”. Rendyn™ LLC acknowledges that the provisions of this Section are reasonable and necessary for the protection of “Your Company” and that “Your Company” will be irrevocably damaged if such covenants are not specifically enforced. Accordingly, Rendyn™ LLC agrees that, in addition to any other relief to which “Your Company” may be entitled to seek and obtain injunctive relief from an arbitration panel or a court of competent jurisdiction for the purposes of restraining Rendyn™ LLC from any actual or threatened breach of such provision. The terms of the Section shall survive termination of this agreement.
D. Representations, Warranties and Covenants
Rendyn™ LLC represents, warrants and covenants to “Your Company” that at the effective date and continuing for the term of this agreement that neither the execution and delivery of this agreement nor the sale of “Your Company” services in accordance with the terms of the agreement violates or will violate the provisions or obligations of any other agreements to which Rendyn™ LLC is a party or by which it is bound.
E. Successor and Assigns
Except as otherwise expressly provided in this agreement, the obligations under this agreement shall bind and benefit the successors and assigns of the parties hereto, Rendyn™ LLC shall not assign this agreement without the prior written consent of “Your Company”.
F. Governing Law
The laws of the State of Texas shall govern this agreement without giving effect to the choice of laws provisions thereof. Rendyn™ LLC agrees to submit to the jurisdiction of the state or federal courts of Texas.
G. Authority
If either party is a corporation or limited liability company, each person executing this agreement on behalf of such party hereby covenants, represents and warrants that such party is duly formed or duly qualified and that each person executing this agreement on behalf of such a party is an officer or member of such party and is duly authorized or execute, acknowledge and deliver the agreement to the other party.
H. Counterparts
This Agreements may be executed in one or more counterparts and facsimile signatures shall be sufficient to indicate acceptance by the parties, each of which shall be original and all of which shall constitute one and the same instrument names below.