CHANNEL PARTNER Q1 SPIFF
Receive up to 3X MRC on all Collaboration (Teams), Cloud, Security, and Managed Services solutions
Have a new Opportunity? Register it here: https://partners.tetravx.com
Terms & Conditions:
- Eligible opportunities qualify for a one-time payout based on the first month billed MRR for new subscription services with 36-month term contracts for current or new Netrix clients, subject to certain exclusions and conditions as set forth below.
- Partners must submit opportunities through Netrix’s partner portal for opportunity registration and approval.
- Contract between Netrix and client for the eligible opportunity must be executed by March 31, 2022.
- SPIFF requires a contract based on Netrix’s standard pricing unless otherwise authorized by Netrix in writing. If discounted pricing is authorized by Netrix, then SPIFF payout may be reduced.
- SPIFF payout shall be paid one month after the first full month of billing for the approved opportunity. If the client never pays the first full month of MRR then no SPIFF shall be paid.
- Total SPIFF payout for any approved opportunity is capped at $25,000.
- SPIFF does not apply to HWaaS, Microsoft CSP licensing, Microsoft Azure consumption, or renewals or add-ons to existing lines of MRR services.
- If SPIFF has been paid and relevant client terminates or has been terminated due to non-payment within twelve (12) months after first month of contract, Netrix reserves the right to deduct the amount of SPIFF payout from future commission payments to Partner.
- This SPIFF offer is void where prohibited or otherwise restricted by law. Netrix reserves the right to alter these terms and conditions without notice.
- SPIFF and the overall relationship between the parties remain governed by Partner’s existing Netrix Referral or Channel Partner Agreement except as otherwise provided herein.