APPENDIX A-1
AFFILIATE TERMS
Qualifications and Certifications
None
Compensation
Affiliates shall be paid a commission equal to ten percent (10%) of the yearly revenue received by TestMonitor from a Referral for up to a maximum of one (1) year. The Referral receives a ten percent (10%) discount by using the Partners discount coupon. Thereafter, no additional commissions will be paid to the Affiliate, even if the Referral renews its subscription for the TestMonitor Services.
Partner will provide Customer with a discount coupon associated with Partner's subscription.
Only pre-registered new customers are eligible for the Partner Commission. Register them by mailing them to partners@testmonitor.com.
TestMonitor shall have no responsibility for determining, remitting, or withholding any taxes applicable to the commissions paid to the Affiliate.
APPENDIX A-2
CERTIFIED PARTNER TERMS
Qualifications and Certifications
Support Functions: Certified Partners should have roles that support the following functions:
- Sales
- Test Engineering or Test Management
- Account Management
A dedicated headcount for each function is not required as employees that support multiple functions will be considered.
Minimum Training Requirements: Certified Partners must have at least two persons that has completed the TestMonitor masterclass. All Certified Partners are responsible for ensuring they maintain the TestMonitor way of working. Partners are invited to join the free yearly TestMonitor update session.
Account Management:Certified Partners are required to provide ongoing account management with a Channel Partner Account. Account management includes initial onboarding of the Channel Partner Account, regular check-ins with the Channel Partner Account to ensure their satisfaction and to discover unmet needs, and to manage all renewals.
Compensation
Upon closing a new sale with a yearly subscription, Certified Partners shall be paid a base commission equal to twenty percent (20%) of the year subscription revenues received by TestMonitor from a Channel Partner Account. In addition, after the first 1 year have completed, for so long as this Agreement is in place, Certified Partners will be entitled to a commission of ten percent (10%) on all Channel Partner Account renewals.
Partner's subscription will be linked to the Partner App for proprietary client management and template management.
Only pre-registered new customers are eligible for the Partner Commission. Register them by mailing them to partners@testmonitor.com
Explanations
Determining Sales Commissions: There are two (2) components to the new sale compensation. The new sale commission is applicable for the first twelve (12) months of the subscription, regardless if the subscription is annual or monthly. The total compensation is based on the sum of both components:
- Base Compensation: This is the compensation that all Solution Providers will receive for supporting a new sale, regardless of who sources the lead.
- Partner Sourced Lead Compensation: This is the compensation that all Solution Providers will receive if they independently sourced the lead and registered it properly with TestMonitor. If the Solution Provider did not source the lead or did not properly register the lead, they will not receive this compensation.
- Renewal Compensation: This is the compensation a Solution Provider will receive at each renewal. In cases where the Channel Partner Account is a monthly subscription that renewal compensation will apply after the first 12 months of the subscription have been completed.
TestMonitor tracks changes to subscriptions on a monthly basis to take into consideration any changes to the Program. At the end of each year, TestMonitor will pay the Solution Provider for the exact subscription revenues that the customer has been in paying status. TestMonitor shall have no responsibility for determining, remitting, or withholding any taxes applicable to the commissions paid to the Solution Provider.
Termination
Upon termination of this Agreement, a Certified Partner customers shall continue to be able to access and use the TestMonitor Service for the duration of the term of their license. Upon termination of this Agreement, TestMonitor may, in its discretion, contact the Certified Partner customers directly to convert such customers to customers of TestMonitor.
Contact Us
If you have any questions about this Partner Agreement, please contact us by email: partners@testmonitor.com
Last update: October 31, 2022