Tiered New Customer Sign-On Bonus:​

• This is a one-time annually bonus paid to the partner when a referred customer signs up for a Binzey subscription.​

• Tier 1 (Monthly - $39.99): $15 bonus​

• Tier 2 (Quarterly - $115): $20 bonus

• Tier 2 (Semi-Annual - $229): $25 bonus​

• Tier 3 (Annual - $429): $35 bonus​

• Important Note: If a customer signs up for either tier subscription, the referring partner will also receive the corresponding sign-on bonus again once annually at the year anniversary of the customers original subscription date.​

• Annual Revenue Share:​

• Earn 12.5% of the annual revenue generated from referred clients who are still active Binzey customers after one year. This creates a long-term, recurring income stream for the partner. (see the estimated earnings calculator for potential earnings)​

• Co-Branded Marketing Materials:​

• Partners receive personalized marketing materials (digital and print) to share with their clients, promoting both the partner's services and Binzey.​

• "Client Appreciation" Opportunities:​

• Binzey may offer additional incentives, such as prize drawings or recognition awards, to top-performing partners.​

• Tracking and Measurement:​

• Unique referral codes for each partner.​

• Dedicated landing page for partner referrals.​

• Online portal for partners to track their referrals, sign-on bonuses, and estimated annual revenue share.​

• Requirements:​

• Partners must register for Binzey's Incentive Program.​

• Referrals must result in a new customer signup.​

• Marketing Support:​

• Binzey will provide marketing materials and support to partners.

Example Revenue Projection

This example demonstrates how a partner can earn revenue through Binzey's Incentive Program.​

Assumptions:​

• A partner refers 100 customers.​

• 25 customers choose the Monthly plan ($39.99/month).​

• 25 customers choose the Quarterly plan ($115 every 3 months).

• 25 customers choose the Semi-Annual plan ($229 every 6 months).​

• 25 customers choose the Annual plan ($429/year).​

Calculations:​

1. Annual Recurring Revenue (12.5% Share):​

• Monthly:​

• Annual revenue per customer: $39.99/month * 12 months = $479.88​

• Total annual revenue: 25 customers * $479.88/customer = $11,997​

• Partner’s 12.5% share: $11,997 * 0.125 = $1,499.62​

• Quarterly:​

• Annual revenue per customer: $115/3 months * 4 = $460​

• Total annual revenue: 25 customers * $460/customer = $11,500

• Partner’s 12.5% share: $11,500 * 0.125 = $1,437.50

• Semi-Annual:​

• Annual revenue per customer: $229/6 months * 2 = $458​

• Total annual revenue: 25 customers * $458/customer = $11,450

• Partner’s 12.5% share: $11,450 * 0.125 = $1,431.25​

• Annual:​

• Total annual revenue: 25 customers * $429/customer = $10,725​

• Partner’s 12.5% share: $10,725 * 0.125 = $1,340.62

• Total Annual Recurring Revenue: $1,499.62 + $1,437.50 + $1,431.25 + $1,340.62 = $5,708.99​

2. One-Time Sign-On Bonuses:​

• Monthly: 25 customers * $15/customer = $375​

• Quarterly: 25 customers * $20/customer = $500

• Semi-Annual: 25 customers * $25/customer = $625​

• Annual: 25 customers * $35/customer = $875

• Total Sign-On Bonuses: $375 + $500 + $625 + $875 = $2,375

3. Total Potential Earnings (Year 1):​

• Total Earnings: $5,708.99 (annual recurring revenue) + $2,375 (once annual sign on) = $8,083.99

Summary:​

This example shows the potential earnings for a partner who refers 100 customers, assuming they all remain with Binzey for a year. It demonstrates how partners can earn substantial income through a combination of once annual sign-on bonuses and recurring revenue share. While actual earnings may vary, this illustration highlights the significant financial benefits of Binzey's Incentive Program.

Binzey LLC Incentive Program Terms and Conditions​

1. Eligibility:​

• The Binzey Incentive Program is open to individuals and businesses interested in referring new customers to Binzey's waste management services.​

• Partners must be 18 years of age or older.​

2. Registration:​

• To participate, partners must register for the program through the Binzey website or a designated registration form.​

• Partners must provide accurate contact information and any other requested details during registration.​

3. Referral Process:​

• Partners will receive a unique referral code or link to share with potential customers.​

• Customers must use the referral code or link when signing up for a Binzey subscription to be properly attributed to the referring partner.​

• Binzey LLC reserves the right to reject referrals that do not meet the program requirements or are deemed fraudulent.​

4. Incentive Structure:​

• Tiered New Customer Sign-On Bonus:​

• A one-time bonus is paid to the partner when a referred customer signs up for a Binzey subscription.​

• Tier 1 (Monthly - $39.99): $15 bonus​

• Tier 2 (Semi-Annual - $229): $25 bonus​

• Tier 3 (Annual - $429): $35 bonus​

• If a customer signs up for either tier subscription, the referring partner will also receive the corresponding sign-on bonus again once annually at the year anniversary of the customers original subscription date.​

• Annual Revenue Share:​

• Partners earn 12.5% of the annual revenue generated from referred customers who remain active with Binzey for at least one year.​

• Revenue share is calculated based on the customer's subscription fee (excluding any discounts or promotions) and is paid out annually​.
  

  • Co-Branded Marketing Materials:​

  • Partners receive personalized marketing materials to promote Binzey services.​

  • "Client Appreciation" Opportunities:​

  • Binzey LLC may offer additional incentives, such as prize drawings or recognition awards, to top-performing partners.​

  5. Payment Schedule:​

  • Sign-on bonuses are paid within 30 days of the referred customer's subscription activation.​

  • Annual revenue share payments are processed within 90 days of the end of the calendar year.​

  • Payments may be made via check, PayPal, or other agreed-upon methods.​

  6. Tracking and Reporting:​

  • Partners will have access to an online portal to track their referrals, bonuses, and revenue share earnings.​

  • Binzey LLC will provide regular reports to partners summarizing their performance.​

  7. Termination:​

  • Binzey LLC reserves the right to terminate the partnership with any partner who violates these terms and conditions or engages in fraudulent activity.​

  • Partners may terminate their participation in the program at any time by providing written notice to Binzey LLC.​

  8. Modification:​

  • Binzey LLC reserves the right to modify these terms and conditions at any time, with or without notice.​

  • Updated terms and conditions will be posted on the Binzey website.​

  9. Confidentiality:​

  • Partners agree to keep confidential any non-public information they receive about Binzey LLC, its customers, or its business operations.​

  10. Disclaimer:​

  • Binzey LLC makes no guarantees or warranties regarding the amount of income partners will earn through the incentive program.​

  • Earnings will depend on various factors, including the partner's efforts and the customer's subscription choices and retention.​

  11. Governing Law:​

  • This agreement shall be governed by and construed in accordance with the laws of the State of Michigan and any other state Binzey may operate in.​

  12. Entire Agreement:​

  • These terms and conditions constitute the entire agreement between Binzey LLC and the partner regarding the incentive program and supersede any prior or contemporaneous communications or agreements.​

  13. Contact Information:​

  • For any questions or concerns regarding the Binzey Incentive Program, please contact:​

  • Phone: 989-998-2469​

  • Email:help@binzey.com​