Referral Program
Last updated: October 1, 2024
Foxhound Systems offers a referral program that rewards individuals and organizations for referrals of potential clients that convert to paying clients. Anyone is eligible to participate in this referral program, subject to the terms defined on this page.
Referral payment structure
You (the referrer) will receive:
- 25% of the first invoice payment that the client pays to us
- 12.5% of all subsequent invoices that the client pays to us that we send to the client within 180 days of contract signing
Payout terms
- Referral payments are only made after we have received payment from the client and the payment has cleared.
- Payments will be processed within 30 days of receiving and clearing the client’s invoice payment. If multiple invoice payments are expected, you may request a combined payout at the end of the 180-day referral period.
- The referrer is responsible for any tax obligations related to the referral payments.
Example
You refer a client on January 1, 2025. The client signs a contract with us on February 1, 2025.
| Invoice date | Days from signing | Billed to client | Referral payment percentage | Referral amount |
|---|---|---|---|---|
| Mar 1, 2025 | 28 | $40,000 | 25% | $10,000 |
| Apr 1, 2025 | 59 | $40,000 | 12.5% | $5,000 |
| May 1, 2025 | 89 | $40,000 | 12.5% | $5,000 |
| Jun 1, 2025 | 120 | $40,000 | 12.5% | $5,000 |
| Jul 1, 2025 | 150 | $40,000 | 12.5% | $5,000 |
| Aug 1, 2025 | 181 | $40,000 | 0% (referral expired) | $0 |
Additional referral terms
- Referrals must be made through email, message, in-person communication, or any other method of introduction.
- Each client may only be referred by one individual or entity. Referral attribution is on a first-come, first-served basis. If another party refers the same client before you, their referral will take precedence.
- To qualify as a valid referral, the referred client must sign a contract with us within 180 days of your referral.
- You will receive a notification when a client you referred signs a contract within the 180-day referral window. You will also be notified when we receive their first invoice payment.
- Existing clients can choose to apply their referral rewards as a credit toward future invoices. By doing so, you will receive an additional 5% in referral value, increasing the referral percentage to 30% on the first invoice and 17.5% on subsequent invoices within the 180-day period.
- The terms applicable to your referral will be those published on this page at the time of your referral. Terms are subject to change without notice.
Have questions about the referral program or a referral? Reach out to Christian at christian@foxhound.systems.
