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Interpartners Adds High Roller Policy
Terms spidered on December 17th, 2014 02:21 PM
SUMMARY: Interpartners adds a new high roller policy in December of 2014.
Terms spidered on December 17th, 2014 02:21 PM
SUMMARY: Interpartners adds a new high roller policy in December of 2014.
11.1 High Roller Policy 11.2 In any given month, if the affiliate total Net revenue in that month is negative (-) $8,000 or lower and the affiliate has an individual Player that generated a negative Net revenue of (-) $10,000 or lower, then that Player shall be deemed by InterPartners to be a 'High Roller' and the High Roller Policy will apply. 11.3 If both of the above criteria are met (see clause 11.2) the negative Net revenue generated by the 'High Roller' will be carried forward and offset only against future Net revenue generated by the 'High Roller'. 11.4 The negative balance of the 'High Roller' carried forward due to the High Roller Policy, shall not be offset against Net revenue generated by other players. 11.5 If there is more than one 'High Roller', each 'High Roller' will carry forward his own negative balance. For example; Month 1 - Affiliate Net revenue from player ABC is negative (-) $12,000 and the affiliate total Net revenue is negative (-) $8,000. Month 2 - Affiliate Net revenue from player ABC is $5,000 and the affiliate total Net revenue is $20,000. The affiliate commission will be calculated on the following Net revenue : $20,000 - $5,000 = $15,000. The new "'High Roller' Net revenue balance of player ABC will be $12,000 - $5,000 = $7,000.
SUMMARY: This is more of a warning than anything, but Interpartners have appeared to enact a high-roller clause sometime in December of 2014.
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