Registered Referral definition
Registered Referral means a Named Account (i) for which “Reseller” identifies & creates the opportunity, provides Sales Assistance (as defined below), and (ii) which leads to a direct sale with the “Company”. Registered Referrals may fall into two categories: Sales executed by the “Company”, and via a third party’s prime contract.
Examples of Registered Referral in a sentence
In the event that Reseller (i) refers a Registered Referral to Company, through delivery to Company of the lead form attached hereto as Exhibit A, and (ii) such Registered Referral executes an agreement to purchase any of such Company Products or services, then Company shall pay Reseller a Referral Fee, as specified in Exhibit B attached hereto.
Referral Fees will be paid within thirty (30) days of the collection of receivables from the Registered Referral.