SnowFox Ventures – Referral Policy
SnowFox Ventures – Referral Policy
Effective June 11, 2025
To ensure transparency, fairness, and consistency across all transactions, SnowFox Ventures has adopted the following referral policy. All referral relationships must fully comply with these provisions to be valid and enforceable.
1. Pre-Approval Required
All referrals must be disclosed and approved in writing before any introduction is made. No retroactive referrals will be accepted.
2. Deal-Specific Scope
Referrals must be directly linked to a specific deal, opportunity, or transaction. General introductions to individuals, companies, or funds without a clearly defined opportunity do not qualify for referral compensation.
3. Defined Duration
Each referral will have a validity period, typically ranging from 6 to 12 months. After this period expires, no compensation will be awarded unless otherwise agreed to in writing.
4. Signed Referral Agreement
Prior to any introduction, a fully executed SnowFox Ventures referral agreement must be in place. This agreement will outline all relevant terms, scope, deal parameters, and compensation structures.
5. Single-Side Compensation
Referral fees will be paid on only one side of the transaction—either the buy side or the sell side—never both.
6. Compensation Structure
Referral fees will be based on the level of involvement, responsibilities, and duties assigned to the referring party. Compensation may be structured as either a fixed fee or a percentage of the transaction value, as detailed in the executed referral agreement.
7. Disclosure at Closing
All referral fees and compensation will be fully disclosed in applicable closing statements, settlement sheets, or transaction documents.
8. No Guarantee of Acceptance
Submission of a referral does not obligate SnowFox Ventures to engage in, pursue, or accept any opportunity.
9. Non-Circumvention
Once a referral is made and accepted, neither party may bypass, circumvent, or attempt to structure transactions in any manner intended to avoid paying referral compensation. Such actions shall constitute a material breach of this policy and any associated agreements.
10. Non-Exclusive Nature
Referral relationships are non-exclusive. SnowFox Ventures reserves the right to evaluate opportunities from multiple sources and is under no obligation to prioritize or limit deal flow to any particular referring party, unless otherwise agreed in writing.
11. Dispute Resolution
Any disputes arising from this policy or related referral agreements shall be resolved according to the governing law and jurisdiction outlined in the applicable referral agreement.
12. Administrative Requirements
All referring parties must provide necessary tax forms, banking information, and any additional legal or compliance documentation before any referral payment can be processed and released.
SnowFox Ventures reserves the right to amend, modify, or update this Referral Policy at its sole discretion at any time.
For additional details or to schedule a call regarding a specific referral, please reach out to us here.