These Terms of Service (“Terms”) govern your use of Praeco, operated by Collatio (“we,” “us,” or “our”). By accessing or using our platform, you agree to be bound by these Terms. If you do not agree, do not use Praeco.
1. Platform Description
Praeco is an introduction tracking platform that connects companies with independent partners who make introductions to potential customers. Praeco facilitates the tracking of introductions, attribution of conversions, and processing of payments.
Praeco is not a party to any transaction between companies and their customers. We do not sell products, provide services on behalf of companies, or guarantee the quality of any listed product. We are an infrastructure layer that tracks introductions and automates commission payments.
2. Account Requirements
- You must be at least 18 years old to create an account
- You must provide accurate, current, and complete information
- You are responsible for maintaining the security of your account credentials
- You may not transfer your account or share access without our written consent
- One account per individual or entity; duplicate accounts may be terminated
3. Company Agreement
By listing a product on Praeco as a company, you agree to the following:
3.1 Payment Obligations
- When a referred customer signs a contract, you will pay 18% of first-year contract value to the referring partner and 2% of first-year contract value to Praeco (total: 20%)
- Payments are processed automatically via Stripe within 30 days of contract execution
- You must maintain a valid payment method on file at all times
- Failure to pay within 30 days may result in account suspension and accrual of late fees
3.2 Kit Accuracy
- You are solely responsible for the accuracy of your product listing and kit content
- Kit content must not contain false, misleading, or deceptive claims
- You must update your kit promptly if material product changes occur
- We reserve the right to reject or remove listings that fail our review process
3.3 Attribution
- Attribution is determined by our tracking system based on referral link clicks
- Attribution window: 90 days from last referral link click
- Disputes regarding attribution must be raised within 30 days of conversion
4. Partner Agreement
By joining Praeco as a partner, you agree to the following:
4.1 Independent Contractor Status
You are an independent contractor, not an employee, agent, or representative of Praeco or any company listed on the platform. Nothing in these Terms creates an employment relationship, partnership, joint venture, or agency relationship. You are responsible for your own taxes, insurance, and business expenses.
4.2 No Guarantees
Praeco does not guarantee that:
- Your introductions will result in sales or conversions
- You will earn any specific amount of income
- Companies will remain listed on the platform
- Commission rates will remain unchanged (changes apply prospectively only)
4.3 Conduct Requirements
- You may only share the kit content provided by the company; you may not make additional product claims
- You must disclose your referral relationship when promoting on social media: “I may earn a referral fee”
- You may not engage in spam, unsolicited bulk messaging, or deceptive practices
- You may not impersonate a company employee or representative
4.4 Tax Responsibility
You are responsible for all applicable taxes on income earned through Praeco. Stripe will issue a 1099 form for tax reporting purposes. Praeco is not responsible for your tax obligations or tax planning.
5. Prohibited Activities
The following activities are prohibited on Praeco:
- Creating fake accounts, referrals, or conversions
- Manipulating the referral tracking system
- Harvesting or scraping data from the platform
- Reverse-engineering platform infrastructure
- Using the platform for any illegal purpose
- Interfering with the platform’s operation or security
- Self-referrals (referring your own company or a company you control)
6. Intellectual Property
The Praeco platform, including its design, code, brand, and documentation, is owned by Collatio. Companies retain ownership of their product listings and kit content. Partners retain no intellectual property rights in company kits or Praeco platform elements.
7. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, PRAECO’S TOTAL LIABILITY TO YOU FOR ANY CLAIMS ARISING FROM OR RELATED TO THESE TERMS OR YOUR USE OF THE PLATFORM SHALL NOT EXCEED THE TOTAL PLATFORM FEES PAID BY OR TO YOU IN THE PRECEDING 12 MONTHS.
IN NO EVENT SHALL PRAECO BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, USE, OR GOODWILL, REGARDLESS OF THE CAUSE OF ACTION OR THE THEORY OF LIABILITY.
8. Indemnification
You agree to indemnify, defend, and hold harmless Praeco, Collatio, and their officers, directors, employees, and agents from any claims, damages, losses, liabilities, and expenses (including reasonable attorneys’ fees) arising from:
- Your use of the platform
- Your violation of these Terms
- Your violation of any third-party rights
- Any content you submit to the platform
- Any introduction you make through the platform
9. Dispute Resolution
Any dispute, claim, or controversy arising from or relating to these Terms or the use of Praeco shall be resolved through binding arbitration administered by the American Arbitration Association (AAA) under its Commercial Arbitration Rules.
- Arbitration shall take place in the jurisdiction of Collatio’s principal place of business
- The arbitrator’s decision shall be final and binding
- Each party shall bear its own costs; arbitration fees shall be shared equally
- You waive any right to participate in a class action lawsuit or class-wide arbitration
10. Termination
- Either party may terminate their account with 30 days written notice
- We may terminate accounts immediately for violation of these Terms
- Upon termination, pending referrals (introductions made but not yet converted) shall be honored for the remainder of the attribution window
- Outstanding payment obligations survive termination
- We reserve the right to suspend accounts during investigation of suspected violations
11. No Guarantees
Praeco is provided “as is” and “as available.” We do not guarantee that:
- The platform will be uninterrupted, error-free, or secure
- Introductions will result in sales
- Partners will be paid (payment depends on successful conversions)
- Companies listed on the platform are reputable or their products are as described
- Any specific level of traffic, conversions, or revenue will be achieved
12. Modification of Terms
We may modify these Terms at any time. We will provide 30 days notice of material changes via email and platform notification. Continued use of Praeco after the notice period constitutes acceptance of the modified Terms. If you do not agree with the changes, you must close your account before the effective date.
13. Governing Law
These Terms shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to its conflict of law provisions.
14. Severability
If any provision of these Terms is found to be unenforceable, the remaining provisions shall continue in full force and effect.
15. Entire Agreement
These Terms, together with our Privacy Policy, constitute the entire agreement between you and Praeco regarding the use of our platform.
16. Contact
For questions regarding these Terms: