Referral Program Terms

  1. Our Incentive Referral program
    • 1. Mindspace Ltd. and any of its subsidiaries (collectively, “Mindspace”, “we” or “us”) have established an incentive referral award program rewarding persons (enteties or individuals) for the successful referral of new members to Mindspace.
    • 2. In order for you to be eligible for the referral award, the person (entity or individual) referred by you must qualify as a Successfully Referred Member (as defined below) and fulfill the conditions set forth below.
    • 3. A “Successfully Referred Member” is an entity or an individual, referred by you to Mindspace pursuant to a written application form, and that fulfills all of the following aggregate conditions: such entity or individual: (i) must enter into a membership agreement with Mindspace subscribing for Mindspace membership services, within 30 days of the initial application and actually pay Mindspace the first fees (e.g. Deposit + first month of membership fees) by the member due thereunder (ii) is not a current or former employee or member of Mindspace; (iii) has never contacted Mindspace or any of its affiliates in connection with the subscription for any services offered by Mindspace (iv) has never participated in any event or function of any kind organized by Mindspace, prior to its submission of its application form (v) was not previously referred to Mindspace by any other party; and (vi) does not cancel its membership within 30 days of becoming a member of Mindspace
  2. How do you qualify for the Referral Award?
    • 1. To qualify for the Referral Award set forth below, you need to be a current registered Mindspace member and submit a Mindspace application form with all the required information properly filled in.
    • 2. The application must include the following details: (i) your full legal name, email address, telephone number or mobile telephone number; (ii) the full legal name, email address, telephone number or mobile telephone number of the referred entity or individual.
    • 3. Kindly note that: (i) you must first obtain the consent of the potential new member specified in your application, to submit an application on its/his/her behalf and to provide Mindspace with the personal details included in the application form, and (ii) you may submit only one application per each referral and each referral may only include one potential new member.
    • 4. An incomplete or partial application, or any application which contains inaccurate details will be disqualified and will not entitle you to a Referral Award (as defined below), irrespective of whether or not the entity or individual specified therein eventually becomes a Mindspace member.
    • 5. In case Mindspace shall get a duplicate referral related to the same entity or individual, the first in line referral will be respected.
    • 6. After our review and evaluation of the application form you submitted, we may email both you and the potential member referred by you to confirm the receipt of the application form. We will also provide the potential member the opportunity to confirm whether or not such referral is indeed seeking to subscribe for Mindspace services and whether or not it/his/her authorized you to submit an application on it/his/her behalf. If the potential member informs us that it/his/her is not interested in our services or that it/his/her never authorized you to submit an application form on it/his/her behalf, you will not be entitled to a Referral Award.
    • 7. You will have the opportunity to inform Mindspace of any changes to the application form (such as contact information or bank account information) at any time. Nevertheless, the change in the identity of the potential member referred by you shall require the submission of a new application form.

 

  1. Referral Award
    • 1. With respect to each Successfully Referred Member referred by you to Mindspace, you shall be entitled to one (and only one) of the following referral awards (each a “Referral Award”), as applicable.
    • 2. For the avoidance of any doubt, it is hereby clarified that you shall be entitled to the relevant Referral Award only as long as you are a current registered Mindspace member.
    • 3. Corporate Refer A Friend. When you refer another potential member.
      • 3.1. This Referral Award shall be relevant to you if you are a CEO, business owner, a founder of have any managerial position in the entity which is a current member of Mindspace.
      • 3.2. Mindspace shall pay you, either by a deduction of your monthly membership fee to Mindspace or by wire transfer (at Mindspace’s sole discretion), a referral award in a gross amount equivalent to 10% of the membership fee actually received by Mindspace from a Successfully Referred Member, for a period of the first 12 months of the Successfully Referred Member membership (and for that period only).
      • 3.3. In the event that the Successfully Referred Member shall increase its/his/her monthly payments to Mindspace (for example, due to renting additional space) the Referral Award shall not be increased.
      • 3.4. In the event that the Successfully Referred Member shall decrease its/his/her monthly payment to Mindspace, the Referral Award shall be decreased proportionately.
    • 4. Corporate Refer Your Own Entity. When you refer your own entity to a different Mindspace location from your current location.
      • 4.1. This Referral Award shall be relevant to you if you are a CEO, business owner, a founder of have any managerial position in the entity which is a current member of Mindspace.
      • 4.2. Mindspace shall pay you, either by a deduction of your monthly membership fee to Mindspace or by wire transfer (at Mindspace’s sole discretion), a referral award in a gross amount equivalent to 10% of the membership fee actually received by Mindspace from a Successfully Referred Member (your entity in a different Mindspace location), for a period of the first 12 months of the Successfully Referred Member membership (and for that period only).
      • 4.3. In the event that the Successfully Referred Member shall increase its monthly payments to Mindspace (for example, due to renting additional space) the Referral Award shall not be increased.
      • 4.4. In the event that the Successfully Referred Member shall decrease its monthly payment to Mindspace, the Referral Award shall be decreased proportionately.
    • 5. Individual Refer A Friend. When you refer another potential member.
      • 5.1. This Referral Award shall be relevant to you if you are an individual member of Mindspace or if you are an employee of an entity which is a current member of Mindspace.
      • 5.2. Mindspace shall give you: (i) a voucher (such as Amazon vouchers or the like, at Mindspace own discretion) in a worth equivalent to 20% of the membership fees of a Successfully Referred Member for its first month (and for one month only), and (ii) an additional voucher of 10% of one month membership fees of a Successfully Referred Member (and for one month only), in the event such Successfully Referred Member stays as a member longer than three consecutive months.
      • 5.3. In the event that the Successfully Referred Member shall increase its/his/her monthly payments to Mindspace (for example, due to renting additional space) the Referral Award detailed in Section ‎3.6.2(ii) shall not be increased.
      • 5.4. In the event that the Successfully Referred Member shall decrease its/his/her monthly payment to Mindspace, the Referral Award detailed in Section ‎3.6.2(ii) shall be decreased proportionately.
    • 6. The Referral Award shall be due and payable 30 days following the earlier of (i) termination of the Successfully Referred Member’s membership, (ii) the lapse of the first month of the Successfully Referred Member’s membership, or (ii) with respect to the Referral Award detailed in Section ‎3.6.2(ii), the lapse of the first three months of the Successfully Referred Member’s membership.
    • 7. The Referral Award shall be denominated in the same currency paid by the Successfully Referred Member.
    • 8. Mindspace shall be entitled to deduct withholding taxes as required by applicable law from the Referral Award.
    • 9. The Referral Award represents the entire gross consideration, commission or fees to which you may be entitled in connection with the Mindspace Incentive Referral Program.
  2. Miscellaneous
    • 1. Mindspace, in its sole discretion, may modify, suspend and/or terminate the Incentive Referral Program, at any time with or without prior notice.
    • 2. Mindspace shall have sole and absolute discretion to decide whether or not to pursue, enter into, or consummate any transaction with the potential member; and shall not be obligated, in any event, to accept any application or to engage in any agreement or transaction with the potential member referred by you.
    • 3. This agreement does not create and shall not be construed as creating an employer-employee relationship between Mindspace and you, nor constitute and any agency, joint venture or partnership between Mindspace and you. You shall not hold yourself to be an agent of Mindspace not shall you be entitled to bind Mindspace for any intent or purpose.
    • 4. Nothing herein contained shall be deemed as to grant you any exclusive rights or to entitle you to any compensation or remuneration with respect to a transaction between Mindspace and any third party, other than Successfully Referred Member referred by you in accordance with the provisions of this Agreement.
    • 5. You may not assign, transfer or dispose of any of your rights or obligations under this Agreement to any other party. Any attempt by the you to assign, transfer or dispose of any right or obligation under this Agreement to any other party shall be null and void ab initio.
    • 6. This agreement shall be exclusively governed by and construed in accordance with the laws of the state of Israel without regard to the conflict of law’s provisions thereof. Any dispute arising under or in connection with this Agreement or with respect to performance hereunder shall be exclusively resolved in the competent courts of Tel Aviv Jaffa District, and each of the parties hereby irrevocably submits to the exclusive jurisdiction of such court. Mindspace reserves the right to make any determination under this agreement.