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| 1. |
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An applicant fills out the referrer registration form. They are then presented a referrer code and a selection of HTML ads
that may be placed on their site(s), if they choose.
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| 2. |
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Their entry into the site is logged along with the referreral site from which they came, if any. Referrals
can be made via word of mouth or through HTML referral ads on a referrer's site.
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| 3. |
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The order is recorded along with the referral code.
The user is also questioned about how they heard about Novus, specifically asking for a referrer name or website.
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| 4. |
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After each order is received, credit is assigned to the appropriate referrer's account based on the recorded referral code or the referrer
name the customer provided. The appropriate account is credited $10 per mirror ordered. Free mirrors earned by the customer through the quantity
discount (every 6th mirror free) are excluded from this mirror count. For example, if an order is placed for 6 mirrors, the
referrer's account is credited for $50: 6 - 1 (free mirror) * $10 = $50. Per order, an average of 2.225 mirrors are ordered which equates to
a referrer bonus of $22.25. Referred orders may also be claimed by entering
the customer's first name, last name, and city in the referrer admin page. To claim an order after a search or to directly inquire about
a possible order, contact support@novusdental.com.
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| 5. |
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Payments are made to all referral accounts on a quarterly basis. Payment dates are January 1st, April 1st, July 1st, and October 1st. Payment will
be made on an account given there is credit balance and the referrer has not selected the "Hold Payment" option. If the account
is set to "Hold Payment", credit will accrue on the account until this option is no longer selected at which time the balance on the account will
be paid at the next quarterly payment date. Payments will only be made on qualified orders on the payment date.
A qualified order
is one that is over 30 days old from the orginal order date and for which payment has been received from the customer.
Otherwise, all other credited orders show as pending qualification.
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