Summit Labs Referral Terms

1. What you do

You get Summit in contact with the decision maker of a company that may want to license its data through Summit. The decision maker is the person who can sign for the company, usually the owner or CEO. You get their OK before you share their contact information with us. You don't sell for Summit, sign anything for Summit, quote prices, or make promises on Summit's behalf. We do all of that.

2. Getting credit

• Register the company first. Send Summit the company's name and the decision maker's name and contact information, through Summit's referral form or by email to partners@summitlabsutah.com.
• Your credit is protected from that moment. The time Summit receives your registration decides who was first. The first registration gets the credit.
• Summit answers in writing within 2 business days. Summit declines a registration only if it is already talking with that company's decision maker, another referrer registered the company first, or the company doesn't fit Summit's program, and it tells you which.
• What counts. You get Summit in contact with the decision maker: an email, text, call or meeting where they agree to talk with us. If that company signs an owner agreement with Summit within 12 months of your registration, it is your referral.
• Handing it off. You can hand your credit to another person who is 18 or older and has accepted these terms, if you and that person both confirm it to Summit in writing.
• Owners who refer. An owner whose company has signed an owner agreement with Summit can introduce another company and be the referrer, or name someone else who is 18 or older (a family member, for example) to be the referrer instead. The person named accepts these terms and gets the referrer's share.

3. What you earn

Summit can take one or both of two paths with each company, and the owner approves each one in writing. If Summit licenses the company's data itself, you get half of Summit's net fee. If Summit places the company with a Partner Program instead, you get 30% of what that program pays Summit, and Summit keeps 70%. Across both paths together, the most you can earn on one company is $500,000.

• Summit's fee means what Summit keeps for itself from that company's deals under its owner agreement, before any referral fee.
• Net fee means Summit's fee minus its documented costs of collecting and preparing that company's data. What Summit pays for the company's free AI consulting sessions is not subtracted. In a pool, it is that company's share of Summit's net fee.
• Partner Program means another established company that already licenses business data to AI companies and has its own buyers.
• Only real sales. You are paid only from money Summit actually receives for a company you referred. Summit pays nothing for signing up other referrers, and you never pay anything to join.
• No promises. Summit can't promise that any company will sign or that any sale will close, so it doesn't promise you any amount.

4. How long it lasts

You earn on every deal for that company that is signed within 24 months of the day the company first signs an owner agreement with Summit. A deal signed inside that window is paid in full, up to the cap in section 3, even if the money arrives later.

5. What you see

Summit shows you where each company you registered stands (registered, confirmed, signed, paid) any time you ask. When a payment is due, you get a statement with the math behind it. You don't receive the owner's agreement, their data, buyer names, or deal details beyond your own fee math.

6. When you're paid

Within 30 days after Summit receives each payment for that company, from a buyer or a Partner Program, Summit pays you your share of it. No sale, no payment. If Summit has to refund or repay any of that money, the matching amount comes out of your next payment.

7. Rules

• You never pay or promise anything to anyone at the owner's company for the introduction.
• You don't use Summit's name in ads or posts without Summit's written OK (the posts Summit gives you are fine). Every post about Summit says you're a paid referral partner. Summit may review your posts about Summit and ask you to fix or remove one, and you do it within 2 business days.
• You contact people one to one, from your own email or phone. No bought lists, no mass emails, and no automated or prerecorded calls or texts. No calls or texts before 8 a.m. or after 9 p.m. their time, on a Sunday or on a legal holiday, unless they asked you to. If someone says no, you stop and tell Summit within 2 business days. Any email that introduces Summit uses the intro text Summit gives you, which has Summit's postal address and a way to opt out.
• While Summit is working with a company you referred, you don't introduce that company to a competing data platform.
• You follow the law.

8. Disclosure

When you make an introduction, you tell the decision maker that Summit pays you a referral fee if their company signs (Summit's intro email says this for you). The owner also sees your fee in their agreement and consents to it in writing before any fee is paid. If you work for the company, advise it (as a consultant, accountant, lawyer or other adviser), or have family who own it or work there, you tell the owner and Summit in writing before the introduction that Summit pays you a referral fee, and Summit pays you only if the owner's consent is initialed by an owner, director or officer of the company who is not you and is not related to you. You don't advise the owner on whether to sign with Summit, and you never present yourself as neutral about Summit. You never accept anything from the owner for the referral.

9. Taxes

You are an independent contractor, not a Summit employee. You give Summit a W-9 before your first payment. Summit files a 1099 when the law requires it, and you handle your own taxes.

10. Confidentiality

You keep Summit's buyers, pricing, deal terms and owners' information private, and you use them only for these terms. Nothing in these terms stops you from reporting a possible violation of law to a government agency or a lawyer. Under 18 U.S.C. 1833(b), you are not liable under any federal or state trade secret law for disclosing a trade secret (a) in confidence to a federal, state or local government official, directly or indirectly, or to a lawyer, solely to report or investigate a suspected violation of law, or (b) in a complaint or other document filed under seal in a lawsuit or other proceeding. If you sue Summit for retaliating against you for reporting a suspected violation of law, you may give the trade secret to your lawyer and use it in the court case, if you file any document containing it under seal and don't disclose it except under a court order.

11. Ending

Either side can end these terms at any time by email. Companies you registered before then still earn for you, on these terms, for the rest of their window.

12. General

Utah law applies, and the state courts in Utah County, Utah, decide any dispute. These terms are the whole agreement between us about referrals, and on referrals they control if the website's Terms of Service ever say something different. A new version of these terms applies to you only after you accept it. Notices under these terms go by email: to partners@summitlabsutah.com for Summit, and to the email you gave Summit for you.