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The Jive Overdrive Promotion provides one-time and evergreen monthly SPIFF payments for new customer accounts added during Q1 2018 (the “promotion period”). The promotion is for U.S. Authorized Partners and participating Master Agencies (and Sub-Agents) only. The promotion applies to new accounts that (1) are booked during the promotion period, (2) begin active billing no later than June 30th, 2018, (3) are registered through Jive’s online partner portal, Partnerplus (except leads or deals registered prior to 1/1/2018, which do not have to be registered through Partnerplus), and (4) are processed through the Welcome to Jive wizard. Commission One-time and monthly SPIFF amounts are calculated deal-by-deal as follows:
1-year minimum agreement required
– 1X one-time SPIFF on monthly seat revenue –
– 1% monthly SPIFF for life of customer* –
2-year minimum agreement required
– 2X one-time SPIFF on monthly seat revenue –
– 2% monthly SPIFF for life of customer* –
3-year minimum agreement required
– 3X one-time SPIFF on monthly seat revenue –
– 3% monthly SPIFF for life of customer* –
If the cumulative billed monthly seat revenue from all new accounts added during the promotion period reaches $5,000 by June 30th, 2018, those accounts will qualify for the following SPIFF amounts:
– 5X total one-time SPIFF on monthly seat revenue for agreements 12 months and longer –
– 5% monthly SPIFF for life of customer for agreements 12 months and longer** –
*including add-ons after the promotion period
**payment is not retroactive and begins after the target is reached).
Agreements shorter than 12 months count toward the $5,000 total attainment target, but those agreements do not, themselves, qualify for SPIFF payments.