November 2021 Partner Promo

Last Modified: November 15, 2021

Overview

  • Deal must be closed no later than November 30, 2021
  • Based on the length of the contract term, deals $300 or greater in Monthly Recurring Revenue (MRR) are eligible to receive a SPIFF equal to the MRR multiple set forth below. Contract terms:

- 12 month term = 2x MRR
- 24 month term = 3x MRR
- 36 month term = 4x MRR

  • Any deal with $1,000 or greater in MRR (and subject to the contract having a 12, 24 or 36 month term agreement) will receive an extra 1x according to the schedule above.
  • Payment of SPIFF will be issued to the partner approximately 90 days after the customer’s service activation date.

Terms and Conditions

  • Partner’s eligibility for SPIFF applies only to deals closed between November 15 and November 30, 2021, deals must be activated by December 31, 2021.
  • Minimum qualifying deal size for 12, 24, and 36-month contracts: $300 monthly recurring revenue (before taxes and fees). No maximum.
  • This promotion shall not apply to any existing Cytracom customers or add on orders. To be eligible for the SPIFF, a contract must be with a net new customer to Cytracom.
  • If margins on MRR/NRC and/or equipment are reduced by Partner to win the deal, Cytracom reserves the right to either reduce or deny the promotional SPIFF payout to the Partner, in Cytracom’s sole discretion.
  • This promotional offer may not to be combined with any other SPIFF or bonus program.
  • In order to be eligible for this promotion, Partner must be in good standing with the Cytracom program and meet all program requirements at the time the promotion is applied, and Partner shall not be in default or breach of any of the terms and conditions set forth in the Cytracom Partner Agreement (https://www.cytracom.com/legal/partner).
  • Any SPIFF earned by the Partner pursuant to this promotion will be in addition to the standard, recurring commissions earned by Partner for contracts entered into with customers, subject to the terms of Cytracom’s Partner Agreement (https://www.cytracom.com/legal/partner).
  • Cytracom reserves the right to amend or terminate this promotion, in whole or in part, at any time without notice in its sole discretion. Cytracom reserves the right to recover from Partner any sales incentives as the result of early contract cancellation or termination, the Partner’s misrepresentation of Cytracom’s products and services, or the Partner’s non-performance of its obligations to Cytracom or its customers.