PSI PARTNER SALES & REFERRAL PROGRAM

The PSI Partner Program is designed to compensate independent sales partners for personally generating and completing qualifying sales of PSI point-of-sale systems to restaurant and other eligible business customers.

The program is primarily a sales program, not a recruiting program. Participation does not require recruiting other sales partners.

Direct Sales Commission

A Partner who personally generates and completes a qualifying sale of a PSI POS system will receive: $1,000 per qualifying POS sale.

There is:

• No monthly sales quota.
• No minimum number of sales.
• No maximum number of sales.
• No requirement to recruit another Partner.
• No requirement to purchase a PSI product or service.
• No requirement to maintain a particular sales rank.

Partner Referral

A PSI Partner may refer another individual to PSI for consideration as an independent sales Partner.

No compensation is paid merely for recruiting or referring an individual.

If a referred Partner subsequently completes a qualifying POS sale, the referring Partner may be eligible for a $100 Partner Referral Payment, subject to PSI's applicable agreement and compliance requirements.

• The referral payment applies only to the direct referring Partner.
• There is no compensation beyond the first referral relationship.

This prevents an unlimited multi-generation commission tree.

When Commission is Earned

A commission is earned when the applicable customer agreement has been executed, the POS system has been installed and activated, and any applicable cancellation period or other PSI-defined conditions have been satisfied.

Commission Example

Suppose:

• B sells a KwickPOS system;
• the merchant signs all required agreements;
• the POS is installed;
• the merchant becomes active; and
• all vendor/processor requirements are satisfied.

B earns:
$1,000 Direct Sales Commission

If A introduced B and performed qualifying Partner Development activities:
A earns:
$100 Partner Development Bonus

Total Company-paid partner compensation:
$1,100
No additional residual or recurring compensation is created.

Cancellations and Chargebacks

If a transaction is cancelled, rescinded, fraudulent, or otherwise fails PSI's qualifying-sale requirements before the commission becomes earned, no commission is due.

If PSI has already paid a commission and the underlying transaction is subsequently cancelled or reversed under circumstances specified in the Partner Agreement, PSI may offset the corresponding commission against future commissions, subject to applicable law.

Customer/Lead Ownership

A Partner must register a prospective customer with PSI before another Partner has registered the same prospective customer.

PSI determines whether a lead is eligible and which Partner is credited with the sale.

No Ownership of Processing Residuals

Partners have no ownership interest in PSI's customer relationships, processing agreements, processing residuals, merchant accounts, or other recurring revenue unless a separate written agreement expressly provides otherwise.

Marketing and Earnings Claims

Partners are not allowed to advertise things such as:

• Make $10,000 a month.
• Recruit 10 people and earn passive income.
• Build a downline.
• You can replace your job with PSI.

Partners will be given approved marketing materials.

No Guaranteed Income

The Company makes no guarantee of income, sales volume, commissions, customers, or earnings.

A Partner's compensation depends upon the Partner's actual qualifying sales and activities.

Partners must not make earnings claims to prospective Partners that are not specifically authorized by the Company.

For example, Partners may not represent:
“Everyone makes $10,000 a month.”
or
“You are guaranteed to make $1,000 every time you recruit somebody.”