Purpose

This Referral Policy is designed to encourage and reward individuals who refer new business o pportunities to Proplabs. By referring clients or projects to Proplabs, you can earn 10% of the profits generated from the referred project.

Eligibility

• Who Can Refer: The referral program is open to individuals, including current clients, contractors, employees, and external parties who are not employed by Proplabs.
• Qualifying Referrals: A referral qualifies if it leads to a new project that Proplabs successfully completes and from which it generates a profit.

Referral Process

1. Submission of Referral:
   • Referrals must be submitted via the official referral form on the Proplabs website or sent to [email protected] with the subject line "Referral Submission."
   • The referral submission must include the following details:
     • Referrer’s full name and contact information.
     • Referred client's name, contact information, and project details.
     • A brief description of the referred project.
2. Referral Evaluation:
   • Proplabs will evaluate the referral to determine if it meets the company’s criteria and aligns with its service offerings.
   • The referrer will be notified within 3 business days whether the referral is accepted.
3. Project Agreement:
   • Once the referral is accepted and Proplabs secures a contract with the referred client, the referrer will be informed of the project's status.
   • Proplabs will work directly with the referred client to finalize the project scope, pricing, and contract.

Compensation

1. Profit Sharing:
   • The referrer is entitled to receive 10% of the net profits generated from the referred project.
   • Net profits are calculated as the total revenue from the project minus direct costs (e.g., labor, materials, and other project-related expenses).
2. Payment Terms:
   • Payments will be made within 7 days after Proplabs receives full payment from the client and finalizes the profit calculation.
   • Payments will be issued via [payment method, e.g., bank transfer, PayPal, etc.].
3. Ongoing Projects:
   • If the referred project leads to ongoing work or additional phases, the referrer will continue to receive 10% of the net profits for each subsequent phase or project extension, provided it remains under the same client agreement.

Conditions and Limitations

• Multiple Referrers: If the same client or project is referred by multiple individuals, the referral credit will be awarded to the individual who submitted the referral first.
• No Double-Dipping: Employees of Proplabs are eligible for the referral bonus only if the referral is outside their regular job responsibilities.
• Non-Qualified Referrals: Referrals of existing clients or projects already under negotiation with Proplabs do not qualify for this referral program.
• Changes to the Policy: Proplabs reserves the right to modify or terminate this referral program at any time, with notice provided to participants.

Dispute Resolution