Thinking Capital is now DRIVENtm... Learn more.
Thinking Capital is now DRIVENtm... Learn more.
Thinking Capital is now DRIVENtmLearn more.
Thinking Capital is now DRIVENtmLearn more.

Driven Referral Program Terms & Conditions

TERM & CONDITIONS

(“Program Terms”)

 

Program Description 

The Driven Financial Technologies Corporation (“we”, “us” or “Driven”) referral program (the “Program”) is available to individuals (“you” or “Referror) who refer to Driven one or more referrees interested in a Driven product (the “Referree(s)”), in accordance with these Program Terms (each such referral, a “Referral”).

A “Qualifying Referree” means an individual Referree who (i) is not an existing customer, lead or previous applicant at Driven at the time of Referral, (ii) is a Canadian resident at the time of the Referral; (iii) is of the age of majority in the province or territory in which they currently reside at the time of the Referral; (iv) enters into a Driven customer funding agreement under the terms set out by Driven within sixty (60) days following the Referral; and (v) borrows a minimum amount from Driven under such funding agreement within sixty (60) days of signature of the funding agreement (“Funded Amount”).

To participate in the Program, you must accept these Program Terms. You must make all Referrals as directed by the referral system available on our website or as otherwise directed by us, to the satisfaction of Driven. In order to be eligible for any Compensation, you must be at arm’s length of the Referree and Referree business, and must not have an interest in the Referree or Referree business, as assessed by Driven. Driven reserves the right to refuse Compensation for any Referral made which does not meet these or other criteria (including fraud-related) set out by Driven, in our sole discretion. 

Compensation

For each eligible Referral you make for a Qualifying Referree in compliance with these Program Terms, you will receive, for the first Funded Amount only taken by the Qualifying Referree, a one-time payment (“Compensation”) in the amount set out by the following table:

First Funded Amount Compensation
$14,999 or less $250
$15,000-$49,000 $500
$50,000-$99,000 $750
$100,000 or more $1000

 

Should you be entitled to Compensation according to these Program Terms, the Compensation will be limited to a one-time payment per Referral for the amount set out in the above table. You will not receive any additional compensation for a given Referral, including relating to: (i) any amounts funded beyond the first Funded Amount or (ii) any other products or services taken by the Referree. The Compensation set forth above is in Canadian dollars ($CAD) and shall be the only consideration payable to you. All applicable taxes levied or otherwise owing in relation to the Compensation (“Taxes”) are your responsibility. The Compensation paid hereunder is inclusive of all Taxes.

Warranties, Representations & Acknowledgments

By submitting a Referral, you warrant and represent to us that: 

  1. you have obtained the express consent of the subject Referree to provide their name, telephone number and email address to Driven for the purpose of Driven contacting such Referree electronically to offer its financing products and services, and
  2. the Referree is either a friend or family member, or you have an existing business relationship with the Referree:
    1. friend or family member”: means the Referree is a known friend or family member with whom you have a personal or family relationship which includes direct, voluntary, two-way communications with you.
    2. existing business relationship”: means a business relationship arising from:
      1. the purchase or lease of a product, goods, a service, land or an interest or right in land, within the last 2 years, by the Referree;
      2. the acceptance by the Referree, within the last 2 years, of a business, investment or gaming opportunity offered by you;
      3. the bartering of anything mentioned in paragraph (i) between the you and the Referree within the last 2 years;
      4. a written contract entered into between you and the Referree in respect of a matter not referred to in any of paragraphs (i) to (iii), if the contract is currently in existence or expired within the last 2 years; or
      5. an inquiry or application, within the last six months, made to you by the Referree, in respect of anything mentioned in any of paragraphs (i) to (iii).
  1. vous avez obtenu le consentement exprès du Référé concerné pour fournir son nom, numéro de téléphone et adresse courriel à Driven afin que Driven le/la contacte par voie électronique ou autre pour offrir ses produits et services de financement, et
  2. vous avez des liens familiaux ou personnels avec le Référé, ou vous avez des relations d'affaires en cours avec le Référé, où:
    1. « liens familiaux ou personnels »: signifie que le Référé est un ami ou membre de la famille connu avec lequel vous entretenez une relation personnelle ou familiale qui a eu des communications directes, volontaires et bidirectionnelles avec vous.
    2. « relations d'affaires en cours »: une relation commerciale découlant:
      1. de l'achat ou du louage d'un produit, d'un bien, d'un service, d'un terrain ou droit ou intérêt foncier, au cours des 2 dernières années, par le Référé;
      2. de l'acceptation par le Référé, au cours des 2 dernières années, d’une possibilité d’affaires, d’investissement ou de jeu offerte par vous;
      3. du troc d’une chose mentionnée au paragraphe (i) entre vous et le Référé au cours des 2 dernières années;
      4. de tout contrat — toujours en vigueur ou venu à échéance au cours des 2 dernières années — conclu par écrit entre vous et le Référé au sujet d’une chose non mentionnée aux paragraphes i) à iii); ou
      5. d'une demande — notamment une demande de renseignements — présentée à vous par le Référé, au cours des 6 derniers mois, relativement à une chose ou à une possibilité mentionnée aux paragraphes i) à iii).

You also acknowledge and agree that:

  1. We are under no obligation to you or any third party to continue to provide, sell or supply any product or service;
  2. We have no obligations with respect to any Referree that does not meet our eligibility requirements applicable to the products or services, to our sole discretion, and no Compensation or other form of compensation will be payable to you with respect to any Referree that is not a Qualifying Referree, to our sole discretion;
  3. We have no obligation to follow through on a Referral or Referree application and reserve the right to refuse Compensation to any Referror who does not follow these Program Terms requirements. Referrals are subject to verification and will be declared invalid if they are illegible, unintelligible, falsified, altered or tampered with or unlawful in any way, or for any other reason at our sole discretion; and
  4. We assume no responsibility for lost, delayed, damaged or misdirected Referrals or communications, for any failure of the website or referral system, or for any other technical or other problems.
  1. Nous ne sommes pas tenus envers vous ou tout tiers de continuer à fournir ou vendre un produit ou service;
  2. Nous n'avons aucune obligation à l’égard d’un Référé qui ne répond pas, à notre entière discrétion, à nos critères d'admissibilité applicables à nos produits ou services, et aucune Rémunération ou autre forme de compensation ne vous sera payable par rapport à un Référé qui n’est pas un Référé admissible, à notre entière discrétion;
  3. Nous ne sommes pas tenus de donner suite à une Référence ou une application d’un Référé et nous nous réservons le droit de refuser le paiement d’une Rémunération à tout Référant qui ne respecte pas ces Modalités. Les Références sont sujettes à vérification et seront déclarées invalides si elles sont illisibles, incompréhensibles, falsifiées, modifiées, altérées ou illégales de quelque manière que ce soit, ou pour toute autre raison à notre entière discrétion; et
  4. Nous n'assumons aucune responsabilité pour les Références ou communications perdues, retardées, endommagées ou mal acheminées, pour toute défaillance du site Web ou du système de référence, ou tout autre problème technique ou autre.

Our Relationship

You further acknowledge and agree that you are not the representative of Driven for any purpose except as expressly set forth herein, and have therefore no power or authority (and shall not hold yourself out as having authority or power) as agent, employee, representative or in any other capacity to represent, act for, bind, or otherwise create or assume any obligation on behalf of Driven for any purpose whatsoever.

The relationship between you and Driven is that of independent contractors, and these Program Terms shall not be construed to create any association, partnership, joint venture, employee or agency relationship between you and Driven for any purpose. You have no equity interest, ownership or other rights in any of the Referrees or any agreement between a Referree and Driven, including any goodwill you created in respect of such Referrees.

Updates and Amendments to Program Terms

These Program Terms are effective as of January 20, 2021 and replace any previous referral programs set out on the Driven website. However, they do not supersede any formal referral agreement duly entered by Driven and a referral partner (as defined by Driven in its sole discretion) (“Referral Agreement”). Under no circumstance will a Referror be entitled to receive compensation for a referral both under these Program Terms and a Referral Agreement or any other form of agreement between Driven and the Referror.

We may amend, suspend or cancel these Program Terms at any time, in our sole discretion, without notice or obligation to award any future Compensation. When such a change is made, we will post a revised version on our website. It is your responsibility to review these Program Terms from time to time to be aware of any such changes. 

Miscellaneous

You agree to abide by these Program terms and the decisions of the Driven team, which are final. This Program is subject to all applicable laws and regulations. The submission of false or fictitious referral information will result in forfeiture or disqualification of any Compensation under this Program. 

Driven referral partners (as defined by Driven), as well as employees or contractors of Driven, of Driven affiliates or of Driven’s referral partners, are not eligible to participate in the Program.

These Program Terms are governed by and subject to the laws of the Province of Ontario and the federal laws applicable therein without regard to choice of conflicts of law principles. To the extent permitted by applicable law, any claims arising out of or relating to these Program Terms shall be brought exclusively in the courts of competent jurisdiction in the City of Toronto, and you consent to the personal jurisdiction of these courts. 

DRIVEN MAKES NO WARRANTIES, EXPRESS OR IMPLIED, WITH RESPECT TO ITS PRODUCTS OR SERVICES, INCLUDING, WITHOUT LIMITATION, ANY EXPRESS OR IMPLIED WARRANTY OR MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. YOUR SOLE REMEDY, AND OUR SOLE LIABILITY, UNDER THIS PROGRAM, SHALL BE LIMITED TO THE MAXIMUM COMPENSATION AMOUNT AVAILABLE UNDER THESE PROGRAM TERMS FOR ONE ELIGIBLE REFERRAL MADE FOR A QUALIFYING REFERREE. DRIVEN SHALL NOT BE LIABLE FOR ANY CONSEQUENTIAL, INDIRECT, SPECIAL OR INCIDENTAL DAMAGES UNDER ANY PROVISIONS OF THESE PROGRAM TERMS OR FOR ANY CONSEQUENTIAL, INDIRECT, PENAL, SPECIAL OR INCIDENTAL DAMAGES ARISING OUT OF ANY ACT OR FAILURE TO ACT HEREUNDER, EVEN IF IT HAS BEEN ADVISED OF OR HAS FORESEEN THE POSSIBILITY OF SUCH DAMAGES.

You acknowledge that a French version of these Program Terms is available to you. Vous reconnaissez qu’une version française de ces termes est disponible.