Since our beginning, Runtime Verification Inc (RV Inc) has always valued the friends and partners who have contributed mightily to our success. Today is no different. Therefore, we are happy to introduce the new commissions for the following services:
Customer Introduction by Partner – In the event a Partner makes a qualified introduction to a Runtime Verification salesperson and/or executive, that leads to a new completed engagement, RV Inc will pay a one time fee of 5% of the NET profit of said engagement. Commission is paid after engagement is completed.
Sales Made by Partner – In the event the partner makes a sale to a new Runtime Verification customer, meaning an executed contract, RV Inc will pay a one time fee of 15% of the NET profit. Commission is paid after engagement is completed.
Please note the following:
In the event the client breaks its contract, for any reason, no commission will be paid.
Once commissions are paid, there is no claw back provision.
RV Inc will provide all available marketing materials, contract templates, and other sales essentials without cost.
Unless otherwise agreed, all expenses for Introductions and Sales are the responsibility of the Partner.
Disclaimer: This contract may be terminated at any time, for any reason, by written notice from one party to the other. Such termination will release the Company from the obligation to pay commissions on clients who have already signed contracts.