The relationship between Equip-Bid and Affiliate is at will, allowing either party to terminate the relationship at any time and for any reason.
Below are steps and responsibilities to be followed upon notice of termination.
Paperwork / Payments
All paperwork and payments for completed auctions must be settled immediately.
Final invoices will be sent to email on file. Affiliate may request the use of a different email for this purpose if needed.
Financial Reports
Affiliate is responsible for processing all necessary financial reports needed.
A fee of $25.00 is applicable to any terminated Affiliate who needs account re-instated or needs report produced for them following termination date and closure of Affiliate account.
Auction Settlements:
Affiliate must ensure all auctions have been settled prior to termination being finalized.
Account Closures
Affiliate is responsible for closing Elavon and Paytrace accounts. Merchant number will be required for closures.
By adhering to these steps, affiliate can facilitate a smooth termination with Equip-Bid.
Affiliates contemplating terminating agreement are encouraged to contact Debbie FitzGerald at debbie@equip-bid.com