Reseller Agreement

To register for the Econic® Technology Alliance partner program, you must complete and submit the registration at http://www.econic.ai, accept the terms of this Agreement and register as an Econic® Affiliate, distributor, or Partner by creating an Econic Visibility account after submitting this form. This will provide you a unique QR code and URL that enables you to sell, EMPR to track sales effected by your referrals and enable you to receive payment for commissions with respect to such sales.

RESPONSIBILITY TO LINK TO AN ECONIC OFFERING OR WEBSITE

As an Econic Technology Alliance member, you will have the obligations to place Econic links or QR codes on your site or social media or any other marketing materials that direct users to an Econic site or store, your own Econic digital store and/or to the sites or stores of Econic Partners. EMPR will make available trackable URL links and QR codes that can be placed on your website or social media which will direct users to your Econic store or any other Econic store or website. Econic Technology Alliance members are given a non-exclusive, one-year renewable license to sell or refer Econic SaaS subscriptions. During the term of your active participation, you will utilize the links and QR codes provided.

EMPR makes available links, QR codes, and other information promoting its software solution to be used subject to the terms of this Agreement. These materials may contain its trademarks and other proprietary property. If you discontinue the Affiliate Program or if your participation is terminated for any reason, you will immediately cease using these materials and will delete all such materials from your website, social media and any other marketing or promotional materials.

COMPENSATION

Referral fees will be payable based upon sales of Econic software licenses sold as a result of your link directly connected to the sale or connected to another partner that signed up to the Econic Technology Alliance through your link or QR code. The current schedule for such fees is set forth below. EMPR reserves the right to alter such fees at any time and for any reason by providing updates about such changes directly to your email or in your Econic dashboard.

Referral fees will be payable only on sales that are tracked through the Econic platform with the Recipient link as the original source.
EMPR will pay a referral fee only upon collection by EMPR. You have no right to referral fees until the applicable customer has paid EMPR the full amount owed in the period. Only purchases that are made through the Econic platform will count towards referral fee calculations.
Fees are paid for one year from the date of first payment per new customer.
Referral fees will be paid on a monthly basis on or about 45 days following the end of the month for amounts received by the EMPR during the previous month. EMPR does not guarantee an exact date of calculation of referral fees or payments. All payments will be made to the bank account you list in the Econic platform.

REFERRAL FEE STRUCTURE

Commissions are paid for the first year of SaaS revenue derived per new paying customer, calculated from the date of first payment.

PARTNERS

Sales Units	Referral Fee
0 – 500	20 %
501- 1K	25%
1K-2.5 K	30%
2.5K- 10K	35%

Affiliate and Distributors

Sales Units	Referral Fee
0 – 500	6 %
501- 1K	8%
1K-2.5 K	10%
2.5K- 10K	12%

CUSTOMERS OF EMPR

All parties who make purchases through the Econic platform, regardless of whether they may have reached Econic through your link, are deemed to be EMPR’s customers and not your customers relative to the EMPR’s software subscriptions. EMPR will have the right to contact these customers and send future marketing offers to them. You will have the right to referral fees on subsequent purchases that may be made by these customers for one year from the date of original purchase.

Additionally, all such customers and purchases will be subject to EMPR’s policies, procedures, rules and regulations. You have no right or authority to amend or offer any different offers relative to the purchase of Econic software or services from another Econic partner. EMPR, however, reserves the right to amend any of its terms, conditions, policies, procedures, pricing, payment policies, collection policies, and all other items relative to EMPR’s business and sale of software at any time in its sole discretion.

Term

The term of this agreement shall be for one year and shall automatically renew for successive periods of one year until terminated as provided herein. This Agreement shall remain in full force and effect until terminated by the Recipient or by EMPR. Either EMPR or the Recipient may terminate this Agreement at any time, with or without cause, by giving the other party notice by email of termination in compliance with this Agreement.

RIGHTS UPON TERMINATION

The Recipient will forfeit all right to receive past referral fees that may have accrued to the Recipient if this Agreement is terminated as a result of the Recipient’s failure to comply with the terms of this Agreement or any policies and procedures of the Econic Network or its Terms and Conditions that may be established and amended by EMPR in its discretion from time to time. If this Agreement is terminated for any other reason, the Recipient will have a right to receive its accrued referral fees through the effective date of termination.

Upon termination of this Agreement at any time and for any reason, all Econic-issued QR codes designating Agent as a fee recipient under this Agreement shall be immediately terminated.

Entire Agreement. This Agreement, together with the Exhibits hereto and the provision of the Terms of Service incorporated herein by reference and made a part hereof constitutes the entire agreement between the parties with respect to the Services described herein and supersedes (a) all prior oral or written proposals or agreements, (b) all contemporaneous oral proposals or agreements, and (c) all previous negotiations and all other communications or understandings between the parties, in each case with respect to the reseller Services.

Relationship of Parties. In entering this Agreement, the parties are acting as independent contractors. This Agreement does not create a fiduciary relationship, partnership, joint venture, or relationship of employment, trust or agency between the parties. Econic shall not be responsible for federal, state and local taxes derived from the Agent’s net income or for the withholding and/or payment of any federal, state and local income and other payroll taxes, workers’ compensation, disability benefits or other legal requirements applicable to the Agent.