Operating Agreement for SportsPage College Prep Academic Coaches
SportsPage College Prep “Owner’s Box” Coaches (OBCs):
- Owner’s Box Coaches individuals who are currently enrolled in the “Owner’s Box Academic Coaching Plan” with SportsPageCollegePrep.com (SPCP).
- Each OBC must have also applied for, and have been accepted by, SportsPageCollegePrep.com for a specific region or regions. That specific details of that region will be solely determined by SPCP, which has the right to modify the definition, the boundaries, or the methodology used to compute sales generated within that region.
The “Owner’s Box” Affiliate Fee: OBCs will receive an affiliate fee based on a a predefined percentage of total student tuition payments (sales) derived from a specific region of the United States after the deduction of applicable sales tax, if any. The OB’s affiliate fee is paid quarterly. Currently, the total Owner’s Box affiliate fee each region is 25%. In larger regions, with more than one OBC, the affillate fee will be divided on a pro-rata basis (for more details, see below).
Who Receives the Affiliate Fee: To become an Owner’s Box Coach for a particular region, an individual must have applied for, and have been notified of their acceptance by, SportPageCollegePrep.com. Additionally, the OB must have a current Owner’s Box plan with SPCP. The Owner’s Box Coaching Plan entitles OBs to full access to SPCP materials and courses. Currently, OBs pay $67 per month for their region’s Owner’s Box Coach.
When and to Whom Honorariums Paid: Affiliate fees are paid to the Owner’s Box Coach of record on a quarterly basis, usually within 14 days after the end of each calendar quarter (March 31, June 30, September 30, and December 31). Owner’s Box Coaches whose memberships begin during the middle of a quarter will be entitled to affiliate fees based on sales beginning on the first day of the coach’s membership.
Regions: Specific Regions are categorized by state and are described in detail at SportspageCollegePrep.com. Typically, regions are comprised of one or more United States counties.
Availability: The number of OBCs for each Region is limited. Applications are evaluated in the order they are received by SPCP. Although most Regions have room for only one OBC, regions with higher populations have multiple Ambassadors. In many cases, smaller counties or boroughs may be grouped together to form a single Region.
Pro-Rata Calculation for Regions with Larger Populations: In Regions with multiple OBCs, the affiliate fee for each Regional Ambassador is calculated based on a predetermined pro-rata percentage that is described on SPCP’s web site. For example, if the total quarterly affiliate fee for a Region is $250, and that Region has two OBCs, each OBC would receive 50% of the total affiliate fee, or $125 per OBC.
Eligibility Requirements: To be eligible to become a Owner’s Box Coach, the OBC must meet the following criteria:
- The OBC must have applied to, and been accepted by, SportsPage College Prep.
- Each OBC must be up-to-date in the monthly payment for his or her OBC plan.
- OBCs must be at least 21 years of age.
- Each OBC must have a valid PayPal Account where we can send affiliate fees.
Calculation of Total Sales in Each Region: As a part of its invoicing process, SportspageCollegePrep.com assigns each student’s tuition payment to a particular Region. Typically, this assignment is based on student information and on credit card information. But due to the nature of online sales, determining the exact location of every single sale is an inexact science at best. Using reasonable efforts, SportspageCollegePrep.com will, at its sole discretion, determine where each student’s tuition payment is to be assigned. That determination is final and not subject to audit.
Term of This Agreement: Unless otherwise stated, this agreement will be extended on a month-to-month basis.
OBC’s Right to Cancel This Agreement: OBC may cancel his or her coaching plan at any time by terminating his or her Coaching account with SPCP.
SportsPageCollegePrep.com’s Right to Cancel This Agreement: SportsPage College Prep reserves the right to cancel this agreement, with or without cause, by providing an e-mail notice to any Owner’s Box Coach or all Owner’s Box Coaches. If this termination occurs before the end of a calendar quarter, SPCP agrees to pay the terminated OBC a partial affiliate fee based on Student sales for the quarter in which the termination occurs. Said payment will be calculated based on the number of days the OBC served during that quarter prior to termination of this agreement.
Tax Reporting: OBCs who are paid more than $600 in a calendar year will be asked to provide personal information in order to file 1099 tax forms with the Internal Revenue Service.
Reporting Style and Format: SPCP determines the style, the details, and format in which it reports the calculation of affiliae fee payments to OBCs. Additionally, SPCP is not obligated to provide interim financial reports to OBCs between quarterly reports.
Maximum Damages Due to Either Party as a Result of This Agreement: In the event of a dispute by either party as a result of the interpretation of this agreement, or as the result of any activities related to thei actions of SPCP or the duties or the Ambassador, monetary damages will be limited to $99. Furthermore, both parties agree not to litigate those disputes.
Modifications to This Agreement: SportspageCollegePrep.com reserves the right to modify this Agreement at any time by posting a revised version of this agreement on its website.