Beacon Referral Program Terms and Conditions
The Beacon Referral Programs allows Participants to earn Compensation by referring Qualified Businesses to Beacon.
These Referral Program Terms and Conditions (the “Referral Program Terms”) constitute a legal agreement between you, as the user of viabeacon.com (the “Site”), and Pine Street Labs, Inc. dba Beacon, the owner of the Site. Throughout these Referral Program Terms, we will refer to the Participant participating in the Referral Program as “you”, and we will refer to Pine Street Labs, Inc. dba Beacon as “we”, “us”, or “Beacon”. Your participation in the Referral Program is subject to these Referral Program Terms, as well as our Terms of Service which are hereby fully incorporated by reference.
The following Definitions apply to the Beacon Referral Program:
“Referral Program” means a program that Beacon may from time to time offer which allows Participants to receive Compensation for referring businesses to the Site.
“Participant” means a User who has a pre–existing relationship with a Qualified Business and has referred that Qualified Business to the Site.
“Compensation” means a dollar amount determined by Beacon from time to time that can be received for referring a Qualified Business to the Site.
“Qualified Business” is a business that (1) meets the criteria for selling through Beacon, (2) informs a Beacon representative in writing that they were referred to the Site by a Participant and identifies such Participant in writing; (3) completes all necessary documentation and paperwork to sell their business through the Site; and (4) begins considering offers to buy their business on the Site.
Business Referral Program
Earn Compensation for Qualified Business you refer to Beacon
From time to time, we may offer Referral Programs for Participants who referred one or more to the Site (the “Business Referral Program”). Each Participant may qualify for Compensation, if the Qualified Business is not a “duplicate listing” as defined below.
A duplicate listing is defined as a listing that is currently or formerly a listing of Beacon.
In the event that two or more Participants refer a Qualified Business, Beacon will accept the first referral.
For each Qualified Business referred by a Participant, that is not a duplicate listing, the Participant may be eligible for Compensation. Compensation is $2,500 at the time of listing and $2,500 if and when the business is sold through Beacon. Compensation will be issued within ten (10) days of the date that the Qualified Business lists for sale on the Site and ten (10) days of the date that the Qualified Business sells through Beacon, respectively.
Changes to the Referral Program Terms
Beacon reserves the right, in its sole discretion, to modify this program at any time by posting a revised version of these terms. In addition, Beacon may cancel, or suspend this program in its sole discretion at any time, without notice.
Referrals received and acknowledged by Beacon prior to such modifications will be held to the terms pursuant to the referral program terms enforced at the time the referral was received. If any modification of this agreement is unacceptable to you, your only recourse is to terminate this agreement. Your continued participation in the Business Referral Program following such a change will constitute binding acceptance of the change. Any action or dispute between the Participant and Beacon including issues of arbitrability, shall, at the option of either party, be determined by arbitration.
Void where prohibited or restricted by law, statute, regulation or other appropriate authority. The Business Referral Program is open to legal residents of the United States who are eighteen (18) years or older at the time of referral submission, proof of age, eligibility and identity must be furnished with a W-9 form filled out for payment.
If you have any questions about the Referral Program or believe that there is a discrepancy regarding Compensation, please contact us by email at email@example.com. We may ask you to submit more information in order to determine the appropriate balance of Compensation for you. All decisions regarding your balance of Compensation will be at our sole discretion and final.
You are responsible for any tax consequences that may result from your use of the Referral Programs.