VeriTrack Partner Terms and Conditions

These Partner Terms and Conditions ("Agreement") govern your engagement as an independent partner for VeriTrack Systems. By applying or acting as a partner, you agree to comply with these terms. If you do not agree, do not proceed.

1. Purpose

VeriTrack Systems appoints the Partner as a non-exclusive independent partner to introduce potential clients (businesses or institutions) to VeriTrack. Upon successful referral and subscription, the Partner is entitled to recurring referral commissions.

2. Partner Requirements

• Communication & Networking: Able to identify and connect with businesses, and clearly explain VeriTrack benefits using official materials.
• Integrity & Professionalism: Referrals must be made in good faith with accurate contact details. Uphold ethical standards and represent VeriTrack professionally.
• Basic Tech Literacy: Able to use referral links, email, WhatsApp, and phone for communications and follow-ups.
• No Conflict of Interest: Cannot promote or be affiliated with competing services. Must maintain confidentiality.
• Location: Open to partners globally - no location restrictions.
• Independent Contractor: Must agree to work as an independent partner (not an employee). Recurring commission is paid for as long as the referred client maintains an active subscription.

Optional but advantageous: Experience in sales, marketing, or business development; access to relevant networks; familiarity with HR or attendance systems.

3. Partner Responsibilities

• Identify and connect prospective clients to VeriTrack Systems.
• Share approved marketing materials and explain platform benefits.
• Ensure all referrals are made in good faith with accurate contact details.
• Represent VeriTrack ethically and professionally.

4. Commission Structure

• Partners receive a recurring commission of up to 20% on every successful payment made by each referred business for as long as they maintain an active subscription.
• Commission is recurring monthly, quarterly, semi-annually, or annually based on their selected subscription plan (Monthly, Quarterly, Semi-Annual, or Annual).
• Example - Enterprise Plan (₵20,000/annual):
  • Gold Tier (20% commission): ₵4,000 per year (₵333.33 per month) for as long as the client maintains subscription
  • Silver Tier (16% commission): ₵3,200 per year (₵266.67 per month)
  • Bronze Tier (12% commission): ₵2,400 per year (₵200 per month)
• Commissions are payable within 14 business days of payment confirmation via Mobile Money or Bank Transfer.
• Commissions apply only if the partner was the first to refer the client (tracked via unique Partner ID).
• If a referred client cancels their subscription, commission payments will cease. If they reactivate, commission payments resume.

4. Partnership Ranking System

Partners are ranked into three tiers based on the total number of active paying client referrals. Each tier unlocks higher commission rates and additional benefits.

5. Duration and Termination

• This Agreement is valid for 12 months from the effective date and renews automatically unless terminated.
• Either party may terminate with 15 days' notice.
• Commissions due before termination will still be honored.

6. Confidentiality

Agents agree not to disclose any sensitive company information, client data, or internal strategies without written permission.

7. Relationship of Parties

This Agreement does not create an employer-employee relationship. The Partner is an independent contractor and is not entitled to company benefits or reimbursements unless specified.

8. Amendments

VeriTrack reserves the right to revise commission rates or terms with prior notice of 30 days.

9. Maintaining Partner Active Status

To maintain an active partnership status and remain eligible for commissions and platform perks:

• Partners are required to refer at least one paying client every calendar month.

Grace Period & Flexibility

• A 15-day grace period is allowed at the beginning of the following month to meet the monthly referral quota.
• Agents who fail to meet the quota within this period will be temporarily moved to inactive status and referrals during this period will not count to receive a commission.

Workaround

• An inactive partner may retain their status by paying a ₵100 reactivation fee, which will restore their active status for 30 days.

10. Governing Law

This Agreement shall be governed by the laws of the Republic of Ghana.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the first date of registration.