Corsa Referral Partner Agreement
This Referral Partner Agreement (the “Agreement”) is a legal agreement between you (“Referral Partner”) and Corsa, a company incorporated in Iceland, with offices at Ármuli 3, 108 Reykjavik, Iceland collectively referred to as the “Parties.”
By submitting your application to become a Referral partner, you agree to and are bound by the terms and conditions contained in this Agreement.
This Agreement includes the terms and conditions below and any documents or materials referenced herein. This Agreement shall be effective as of the date of such form submission (the “Effective Date”).
1. Purpose
The Referral Partner may submit leads of potential new customers (each a “Prospective End Customer”) to Corsa for the purpose of assisting Corsa in acquiring new business. The term "partner" in this Agreement does not imply any form of joint venture or ownership interest between the Parties.
2. Qualification Process
The Referral Partner shall submit leads for each Prospective End Customer through the online form on Corsa’s homepage, completing all required fields. Corsa will notify the Referral Partner via email if a lead has been “accepted”.
Corsa reserves the right to reject any lead at its sole discretion. To qualify for a referral commission (“Referral Fee”), Corsa and the Prospective End Customer must enter into a valid subscription agreement within 60 days of Corsa’s email notification of acceptance.
3. Referral Fees and Payment
Corsa shall pay the Referral Partner a Referral Fee of 20% of all Subscription Fee Revenue received by Corsa for any successful transaction with the Prospective End Customer. “Subscription Fee Revenue” refers to the fees paid to Corsa by the Prospective End Customer for their first twelve (12) months of subscription, excluding taxes, incidental expenses, and add-on sales. The Referral Fee will be paid no later than thirty (30) days after Corsa receives full payment from the Prospective End Customer. The Referral Partner is responsible for all taxes and fees associated with the Referral Fees received.
4. Unauthorized Representations; No Authority
The Referral Partner shall refrain from making any misleading representations regarding Corsa’s products and services. The Referral Partner is not an agent of Corsa and cannot execute contracts on Corsa’s behalf. The Referral Partner must take reasonable steps to protect Corsa’s goodwill and reputation and must not engage in any conduct that may harm Corsa’s image. This Agreement is non-exclusive; Corsa reserves the right to solicit Prospective End Customers directly.
5. Representations and Warranties; Disclaimer
Each Party represents that it will comply with applicable laws and regulations. Other than as expressly stated, neither Party makes any warranties about their products or services and each party disclaims all implied warranties, including those of merchantability and fitness for a particular purpose.
6. Limitation of Liability
Except for breaches relating to Section 4 and Section 8, neither Party shall be liable for any indirect or consequential damages. The aggregate liability of either Party shall be limited to the lesser of €10,000 or the total amount paid under this Agreement in the twelve (12) months preceding the liability event.
7. Term and Termination
This Agreement shall commence on the Effective Date and continue until terminated by either Party with fourteen (14) days’ written notice. Sections 2, 3, 6, 7, 8, and 9 will survive termination. Referrals accepted before termination will still be honoured under the terms of this Agreement.
8. Compliance
At all times during the Term the parties shall comply with all applicable laws and regulation, including those respecting data privacy, international communications, foreign corrupt practices, the transfer of intellectual property, and the export and import of data and services. Corsa shall maintain appropriate administrative, physical, and technical safeguards for protection of the security, confidentiality and integrity of partner data, including as set forth in Corsa’s Privacy Notice (https://www.corsa.is/privacy) and any separate Data Processing Agreement between the parties.
9. General Provisions
The Parties are independent contractors. This Agreement does not create any agency, partnership, or employment relationship. It is governed by the laws of Iceland, and any disputes shall be resolved by binding arbitration in Iceland. Notices will be delivered via email at corsa@corsa.is. This Agreement constitutes the entire agreement between the Parties and may not be amended except in writing.