INAP and Veeam Cloud Connect Backup Promotion. All agents who have entered into a master agent agreement or similar written agreement with INAP (“INAP Agents”) shall be eligible for the following promotion (the “INAP and Veeam Cloud Connect Backup Promotion”): All INAP Agents who during the period beginning April 14, 2021 to September 30, 2021 (the “Promotion Period”) refer to INAP a New Logo (as defined herein) who then purchases at least 12 months of monthly recurring revenue of Cloud or Veeam Cloud Connect Backup Services to be provided in INAP’s data centers (excluding non-recurring revenue fees and fees related to burstable charges) for a twelve (12) month term or longer (each sale that meets these requirements shall be an “Eligible Sale”), shall receive a one-time payment of ONE HUNDRED AND OO/100 ($100.00) USD (the “One-Time SPIFF”). A “New Logo” is defined as (a) a new customer who does not, at the time of the relevant Eligible Sale, purchase INAP services or (b) a previous INAP customer who, at the time of the relevant Eligible Sale, has not purchased INAP services in the last thirty-six (36) months. The One-Time SPIFF shall be paid to the INAP Agent within thirty (30) days after the date INAP receives the first monthly payment for the relevant Eligible Sale from the New Logo.
Peloton Promotion. All INAP Agents who participate in the INAP and Veeam Cloud Connect Backup Promotion shall also be eligible for the following promotion (the “Peloton Promotion”): The INAP Agent with the largest sum total of sales of monthly recurring revenue that (a) meets all requirements of an Eligible Sale under the INAP and Veeam Cloud Connect Backup Promotion and (b) is no less than THREE THOUSAND AND 00/100 ($3,000.00) USD for all New Logos during the Promotion Period shall win a Peloton Interactive, Inc. indoor bicycle (a “Peloton Bike”) valued at ONE THOUSAND EIGHT HUNDRED NINETY-FIVE AND 00/100 ($1,895) USD and a 6-month All-Access Membership (as defined by Peloton Interactive, Inc. and required with use of a Peloton Bike”).
Additional Terms and Conditions.