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Hostaway Referral Program Terms and Conditions

1. Preface

Hostaway (or “ The Company ” or “ We ” or “ Our ”) welcomes you (” Participant(s) ” or “ you ”) to participate in our Referral Program (hereinafter - the “Program”), available to active customers and partners of Hostaway and to further enjoy our special benefit which is granted to all eligible participants (hereinafter - the “Benefit”).

2. Definitions

“Referrer” - Shall mean an active Customer of Hostaway who was officially approved to participate in the Program.

"Referee" – Shall mean a Property Manager Company (or “ PMC ”) that manages 2 or more listings in Qualified countries (at the company’s sole discretion).

“Program Qualification Period” – Shall mean 3 months from onboarding date to Hostaway, in which each qualified property must have at least 1 paid reservation event per month.

“Portfolio Properties”- The number of Properties being managed by the Referee.

“Base Commission” - One-time payment to the Referrer based on the number of qualified properties in the Referee’s portfolio.

“Maximum Commission”- Maximum payment that the Referrer is entitled for each referral.

3. Eligibility and Participation

3.1. All active customers or partners of Hostaway who were officially approved by Hostaway, are eligible to participate in the Program.

3.2. In order for a Participant to enjoy the Benefit (as defined hereunder), the Participant must refer a new Referee who will then join Hostaway and manage his properties/listings through Hostaway Platform.

3.3. Referee must be a Property Manager Company (or “ PMC ”) we aren’t currently engaging.

3.4. Referees must meet the Program Qualification Period in order to be entitled for the Benefit.

4. Referral Benefit

4.1. All eligible Referrers will benefit from a Referral Benefit for each eligible Referred new customer they refer to the Program. For each Referred customer the Referrer be entitled for a Base commission 100% of the average monthly fees paid by the Referee to Hostaway, excluding setup fees. USD Visa or equivalent prepaid gift card will be used as payment method.

4.2. In the case of a successful referral, the new Hostaway customer you refer will receive 30% off of Hostaway’s standard onboarding fees.

5. Benefit Payment

5.1. Benefit payment will be made within 30 days after the end of the qualification period.

5.2. Benefits will be calculated at the end of the qualification period based only on active and listed listings who qualify within the qualification period terms.

5.3. Benefit will not include duplicate listings.

5.4. Any applicable taxes on all Referral Benefits will be the responsibility of the Referrers.

6. Participant Representation and Warranties

As a condition of your participation in the Program, you hereby represent, warrant and undertake that

(i) you possess all legal authority to participate in the Program, enter into these Program Terms and form a binding legal agreement under any applicable law;

(ii) the execution and/or any of acceptance of these Program Terms does not, and will not violate any other agreement to which you are bound or any law, rule, regulation, order or judgment to which you are subject.

ANY ATTEMPT BY A PARTICIPANT OR ANY OTHER INDIVIDUAL TO KNOWINGLY CIRCUMVENT, DISRUPT OR DAMAGE ORDINARY AND NORMAL OPERATION OF THIS PROGRAM, OR UNDERMINE THE LEGITIMATE OPERATION OF THE PROGRAM WILL CONSIDER AS A VIOLATION. SHOULD SUCH AN ATTEMPT BE MADE, Hostaway RESERVES THE RIGHT TO TERMINATE AND DISQUALIFY YOU AT ANY TIME FROM PARTICIPATING IN THE PROGRAM. Hostaway will not be liable to You in the event of any modification, suspension or discontinuance of the Program. We reserve the right to amend, modify or waive these Terms and Conditions at any time in its sole discretion. Neither Hostaway, its agencies, affiliates, sponsors or representatives are not responsible for any claims, liability, loss or damage arising out of or in connection with the Program.

7. Data Privacy

Personal data of the Participant’s collected by the Company shall be processed for the purposes and in accordance with the Regulations. We may collect personal information that include, but is not limited to, name, telephone number, email address, professional title, business and mailing address, information regarding your company and business, username and password, company contacts . We may disclose your personal information as is necessary to:

(a) comply with a subpoena or court order;

(b) cooperate with law enforcement or other government agencies;

(c) establish or exercise our legal rights; or

(c) as otherwise required by law or permitted by law.

The disclosure of personal data shall be voluntary and the Participants have a right to ask for access and modify or delete their personal data by email us at . We make reasonable efforts to ensure your personal information is safe, and to protect against unauthorized access and disclosure. We will not keep your personal information longer than necessary for the purpose for which it was collected. We may, however, retain some personal information in order to comply with applicable laws and regulations.

8. Miscellaneous

8.1. By participating in the Program, You will submit personal information about Yourself and Your Referrals, such as names, phone numbers and email addresses. All information collected, stored and/or shared through the Program shall be subject to Hostaway Privacy & Cookie Policy. By participating in the Program, You agree to the collection and use of Your personal information by Hostaway and acknowledge that You have read and accepted Hostaway Privacy & Cookie Policy.

8.2. You may not participate in the Program where doing so would be prohibited by any applicable laws or regulations. You must be eighteen (18) years or older in order to participate in the Program.

8.3. The Program Benefits are not compensation between Hostaway and the Participants, are not part of any agreement between Hostaway and the Participants and are not based on employee-employer relationship.

8.4. Any heading, caption, or section title contained herein is inserted only as a matter of convenience, and in no way, defines or explains any section or provision hereof.

9. Entire T&C

This T&C constitutes the entire T&C of the parties hereto with respect to the subject matter hereof and supersedes any prior or contemporaneous written or verbal communications or representations regarding such subject matter. This T&C may not be modified except in writing signed by both parties hereto. All requests for further information regarding the Program should be directed to: .

Last modified: 23 Feb, 2021