Terms of Service

Existing commission-platform accounts: the terms below cover Padmi’s commission-based product. The buyer-conversation pilot on our homepage is a separate pay-per-conversation offer, with no sales commission. Booking an introductory call does not sign you up for the commission platform. Contact our team for the pilot’s participation details.

Padmi connects companies that sell products and services (Companies) with independent salespeople (Brokers) who introduce them to businesses that might buy (Buyers). These Terms of Service (the Terms) govern your use of Padmi, including trypadmi.com and the Padmi platform.

By signing in to Padmi, you agree to these Terms and to our Privacy Policy. If you use Padmi on behalf of a business, you agree for that business and confirm you have authority to do so. Part 1 applies to everyone. Part 2 also applies to Companies, and Part 3 also applies to Brokers.

Definitions

• Referral: a Buyer that a Broker registers on Padmi as introduced to a specific Company.
• Introduction date: the date the Broker introduced the Buyer to the Company, as entered in the Referral.
• Accepted Referral: a Referral the Company accepted, or that was accepted automatically under section 2.2.
• Buyer payments: everything a Buyer pays the Company for its products and services, excluding taxes.
• Commission period: the 12 months starting on the date of the Buyer's first payment to the Company.
• Churn: a Buyer stops paying the Company, or gets its money back.

Part 1: Everyone

1.1 Your account

You sign in to Padmi with a Google account. When you first sign in, you choose whether you are joining as a Company or as a Broker, and that choice applies to your account. You must give accurate information and keep it up to date. You are responsible for everything done through your account.

1.2 What Padmi does

Padmi keeps the record of Referrals, reported Buyer payments, invoices and payouts, invoices Companies for commission, and pays Brokers. Padmi does not sell any Company's products and is not a party to any contract between a Company and a Buyer. Padmi does not guarantee that any Broker will produce sales, that any Buyer will buy, or the quality of any Company's products.

1.3 No going around Padmi

For 12 months after a Broker first registers a Referral for a Company, that Company and that Broker may not arrange for the Broker to sell the Company's products outside Padmi, or pay or receive commission for such sales outside Padmi.

1.4 Confidentiality

You may see non-public information on Padmi, such as a Company's pricing, Buyer details or deal information. Use it only to take part in Padmi and don't share it with anyone else.

1.5 Acceptable use

Use Padmi lawfully. Don't submit false or misleading information, access accounts or data that aren't yours, or interfere with how Padmi works.

1.6 Disagreements

If a Company and a Broker disagree about a Referral, a reported payment or a commission, Padmi reviews the records and evidence both sides provide and decides. Padmi's decision determines what is invoiced and paid out through Padmi.

1.7 Payments

Padmi uses Stripe to collect invoice payments from Companies and to pay Brokers. Stripe may require you to accept its own terms.

1.8 Leaving Padmi

You may stop using Padmi at any time, and Padmi may suspend or close accounts that break these Terms. Commission on Accepted Referrals, invoices already issued, section 1.3 and section 1.4 continue to apply after an account closes.

1.9 Disclaimers

Padmi is provided "as is" and "as available", without warranties of any kind, to the fullest extent the law allows.

1.10 Limit on liability

To the fullest extent the law allows, Padmi is not liable for indirect, incidental or consequential damages or lost profits. Padmi's total liability to you for any claim is limited to the greater of the amounts Padmi received from you or paid to you in the 12 months before the claim, or $100. This section does not reduce commission that is owed under these Terms.

1.11 Changes to these Terms

Padmi may update these Terms. The current version and its date are always on this page, and you'll be asked to accept a new version the next time you sign in. Changes never reduce commission on Referrals that were already accepted.

1.12 Contact

Questions about these Terms: our team.

Part 2: Companies

2.1 Your listing

Keep your listing accurate: what your product does, who buys it, its price, how it is billed, and who runs demos and closes deals. Brokers may rely on the materials you provide. You are responsible for your products and for your contracts with Buyers.

2.2 Responding to Referrals

When a Broker registers a Referral for you, you'll be notified, and reminded daily until you respond. Within 3 days, either accept the Referral or decline it because you were already talking to that Buyer. That is the only valid reason to decline, and it requires evidence, such as an email, message or meeting record, of a conversation with the Buyer in the 90 days before the Introduction date. If you don't respond within 3 days, the Referral is accepted automatically.

2.3 When commission is owed

An Accepted Referral belongs to the Broker for 12 months from the Introduction date. If the Buyer makes its first payment to you within those 12 months, you owe Padmi 25% of the Buyer payments you receive during the Commission period. This applies however the deal was closed. Nothing is owed until the Buyer actually pays you.

2.4 How commission is invoiced

• Monthly billing: Padmi invoices you 25% of each Buyer payment received during the Commission period.
• Annual prepaid: on day 60 after the Buyer's first payment, Padmi invoices you 25% of the amount you kept, meaning the payment minus any refund you made by then.
• Annual contract paid monthly: treated as monthly billing.

If a Buyer churns, you owe nothing on money you did not keep. If you keep the money, commission is owed on it. If you refund a Buyer payment you already paid commission on, Padmi credits that commission on your next invoice.

Example: a Buyer prepays $12,000 for a year. On day 60, Padmi invoices you $3,000.

2.5 Reporting Buyer payments

Within 7 days of a Buyer's first payment, record it on Padmi: the payment date, amount and billing type. For monthly billing, also report any change within 7 days: a new price, a missed payment or churn. Your reports must be accurate, and Padmi may ask for reasonable evidence of them, such as an invoice or payment record.

2.6 Paying invoices

Pay each Padmi invoice within 14 days. If an invoice is overdue, your Referrals are paused until it is paid, and the amount remains owed.

2.7 Brokers are independent

Brokers are independent contractors. They are not your employees or Padmi's, and they cannot sign contracts or accept payments on your behalf. Pay commission only through Padmi, never to a Broker directly.

Part 3: Brokers

3.1 You are an independent contractor

You are not an employee of Padmi or of any Company. You decide when and how you work, and you pay your own expenses. You are responsible for your own taxes. Before your first payout, you must provide the tax information Padmi requests, such as a Form W-9. Padmi may report your earnings to tax authorities, for example on a Form 1099.

3.2 Registering Referrals

Register only Buyers you actually introduced to that Company, with accurate details and the real Introduction date. You earn credit for a Referral only once it becomes an Accepted Referral.

3.3 What you earn

For each Accepted Referral, you earn 20% of the Buyer payments the Company receives during the Commission period, as long as the Buyer's first payment is within 12 months of the Introduction date. Padmi keeps the other 5% of the 25% the Company pays. Example: a Buyer prepays $12,000, the Company pays Padmi $3,000, and you receive $2,400.

3.4 When you are paid

Padmi pays you only after it collects the Company's commission payment, and within 7 days of collecting it. Padmi never pays out money it has not collected. If a Company is late, your payout is late too, and Padmi follows up with the Company for you. If a Company refunds a Buyer payment you were already paid on, that amount is subtracted from your future payouts. Padmi will not ask you to send money back.

3.5 How you represent products

Describe each Company's products accurately, using the information the Company provides. Don't promise prices, terms or features the Company hasn't confirmed. You may not sign contracts, accept payments or make commitments on a Company's behalf, and you may not present yourself as its employee.

3.6 Following the law when you sell

When you contact Buyers, follow the laws that apply to calls, text messages and email, including do-not-call rules and consent requirements.