Effective for Qualified Referrals submitted on or after November 3, 2022
These Terms and Conditions (the “Terms”) apply to Toast’s Local Partner Advocates Program (the “Program”). By submitting a referral for a restaurant or otherwise participating in the Program, you agree to be bound by these Terms and Toast’s Privacy Statement.
Who is Eligible to Participate?
Local consultants, investors, professionals and friends who refer a restaurant to Toast for point of sale and payment processing services (“POS services”) through the online referral form or in writing, including by email, to a Toast Account Executive may be eligible to receive a $500 bonus payout.
Who is Not Eligible to Participate?
Subject to these Terms, for each “Qualified Referral” that meets the following criteria, you will receive the applicable Bonus Payout listed below. A “Qualified Referral” is a restaurant that:
Verbal referrals will not be accepted.
Toast reserves the right, in its sole discretion, to determine the original lead source. Exceptions may be made, in Toast’s sole discretion, if the referral has not been contacted by Toast for at least six (6) months.
Referrers may be eligible to receive a bonus payout for a Qualified Referral as set forth herein (the ”Bonus Payout”). Local Partner Advocates (e.g. consultants, investors, professionals and friends) may be eligible to receive a bonus payout of $500 for each Qualified Referral.
The Bonus Payout for a restaurant brand or group will be as follows. A restaurant brand or group is defined as either a franchise group or corporate entity and its affiliates (each “Restaurant Group”). For the first location in a Restaurant Group, the referrer may be eligible to receive the full Bonus Payout as set forth above ($500). For the second through the fifth locations in a Restaurant Group, the referrer may be eligible to receive a Bonus Payout of $250 total. For the sixth through the fifteenth location in a Restaurant Group, the referrer may be eligible to receive a Bonus Payout of $500 total.
Toast will determine, in its sole discretion, whether a referral is a Qualified Referral eligible for a bonus payout and reserve the right to disqualify any referrer at any time for any reason from participation in the Program for reasons including but not limited to Toast’s good faith belief that referrer has violated these terms. Subject to the terms herein, there is no limit to the number of referrals an individual can submit, or eligible bonus payouts for Qualified Referrals an individual may receive, while the Program is in effect. Each Bonus Payout will be made by direct deposit. Referrer must enroll in the Toast Local Partner Advocates Program Portal (“Partner Portal”), and provide a W-9 and ACH information, in order to receive the Bonus Payout and timely payment of the Bonus Payout is dependent on timely enrollment in the Referral Portal.
If a referrer does not enroll in the Partner Portal and provide the information needed to receive a Bonus Payout (or supplemental Bonus as described below) within one year after submitting a Qualified Referral, the referrer shall not receive a Bonus Payout for that Qualified Referral.
Local Partner Advocates Status
There are three tiers of status for those who participate in Toast’s Local Partner Advocates Program. You must be enrolled as a Local Partner Advocated in the Partner Portal to participate. Subject to these qualifications for each tier:
Limited Time Offers
With respect to Local Partner Advocates who are designated as “Premier” or “VIP” status in our program, for any Qualified Referral submitted between November 3, 2022 and December 31, 2022, active Premier and VIP local partner advocates are eligible for an increased bonus payout of $750 per Qualified Referral (as defined above). To receive this increased Bonus, each Qualified Referral must enter into a Merchant Agreement Initial Order Form with Toast for POS services, and go live, processing transactions on the Toast platform for at least seven days on or before December 31, 2022.
Toast reserves the right to modify these Terms or terminate the Program at any time, in its sole discretion, without notice.