2384-13 Memorandum of Understanding.pdf

Township of West Orange Page 2 of 6 Reward Programs / MOU 1. Program promotion and marketing; 2. Participating Merchant registration; 3. Taxpayer Consumer registration via a secure web portal through the Administrator’s Web site, and through issuance of Property Tax Reward Cards; 4. Taxpayer Consumers patronizing Participating Merchants; 5. Taxpayer Consumers receiving a Property Tax Reward credit based upon a percentage of a purchase made at a Participating Merchant, as a reward for patronizing the Participating Merchant, and where the percentage credit to be awarded to the Taxpayer Consumer will be chosen by the Participating Merchant; 6. Administrator receiving a fee for the cost of administering the program, which shall equal to twenty-five (25%) percent of the Property Tax Reward for each transaction between a Taxpayer Consumer and Participating Merchant; and 7. The Township receiving weekly money transfers from Administrator in the amount of property tax reward credits earned by Taxpayer Consumers. Administrator Responsibilities 1. Strict adherence to the terms of the Township Reward Program ordinance, and any other applicable Township ordinances. 2. Program Promotion, including but not limited to: a. Assisting with the design of the Property Tax Reward Cards for the Shop West Orange Program b. Assisting in the production of “infomercials” to be aired on Local Cable TV Channel(s) c. Attending meetings with the Township or designated association(s) including program kick offs with local businesses 3. Entering into agreements with Participating Merchants and establishing all terms including, but not limited to:  Responsibility for hardware  Software and training in use of software  Reward card processing  Percentage of transaction credit to Taxpayer Consumer  Percentage of transaction credit to Administrator  Incorporating language indicating voluntary nature of program and legal indemnification language