OBLIGATIONS OF THE AFFILIATE ANDAMORE
I. That the Affiliate shall represent AMORE positively and provide clients with truthful information and data.
II. That the Affiliate is not permitted to negotiate any transaction on behalf of AMORE.
III. That the Affiliate shall market products and services that are available after confirming from AMORE of their availability.
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V. That the Affiliate shall prevent anything that may cause the integrity of AMORE to be questioned.
VI. That the Affiliate shall source for interested or potential clients and complete Client Application Form, Attach Passport Photograph, Attach Valid Copy of Identification Card of Client, and highlight Preferences if any to enable AMORE process the application of clients.
VII. That AMORE will provide the Affiliate with a Provisional Letter of Allocation for the client following confirmation of initial payment.
VIII. That all payments should be made into AMORE’s accounts ONLY.
IX. Where a client makes payment, the Affiliate should inform AMORE of same and provide reminders to client on subsequent due dates.
X. That any payment by or on behalf of the client should indicate the invoice reference number.
XI. That AMORE will require 48 hours to verify and confirm all payments before issuance of receipts (it may take longer for offshore transfers or similar cases)
XII. That AMORE shall provide necessary information materials (electronic format) that may be needed by the Affiliate in the course of his/her marketing of products and services to clients.
COMMISSION
i. The Affiliate will be entitled to a commission of 5% on any property in a situation where the affiliate single handedly closes the transaction. In a situation where the transaction falls into debt recovery, the affiliate will receive 2.5%.
ii. In a situation where the affiliate gives the lead to the company for transaction closure, the Affiliate receives 2.5%commission.
iii. The Affiliate will be entitled to a commission of between 1-3% on the amount raised for project investment
iv. The Affiliate will be entitled to a commission of between 1-3% on the agreed land value for a Joint Venture project.
v. All commissions due to be paid shall be subject to a 5% Withholding Tax (WHT) deduction for individuals and 10% WHT for corporate organizations.
vi. It should be noted that the commission will be on monies paid by a client at a time.
vii. In the case of a discount sale, the commission paid will be subject to the discretion of AMORE (between 1- 3%).
viii. AMORE reserves the right to restructure the commission on any of the properties/products as it deems fit.
ix. An Affiliate is only entitled to the commission of the client that he/she introduced. Where the client of the Affiliate introduces another client, the commission will either be claimed by the client or remain for AMORE.