Better Friends of Friends Bonus Program: Terms and Conditions

Please Read Carefully

EXTERNAL REFERRER ELIGIBILITY
This Better Friends of Friends(the “Program”) is open only to non-employees and non-affiliates of Better Holdco, Inc. and its subsidiaries (together, “Better”).

You must be an individual person (i.e., not a business entity) and a legal resident of the United States of America who is at least 18 years of age to participate in the Program.

You may not be a current employee or affiliate of Better, anyone Better has engaged for recruiting services, or any employee or consultant of a third party to whom Better is otherwise contractually obligated to pay a fee for the hiring of an individual referred by, or working for, such third-party. In addition, individuals who work at organizations to which Better has a non-solicitation obligation, or individuals who are obligated not to refer employees of their employers or other parties, may not refer to Better the individuals that are the subjects of such obligations.

This Program also does not apply to individuals who have accepted employment with Better, and who have made referrals after their offer acceptance date and before the start date of their employment with Better. Better maintains a separate referral bonus program for employees and other internal parties. Please contact referrals@better.com for additional information about this internal referral program.

CANDIDATE ELIGIBILITY
You are not eligible for a one-time referral bonus if the candidate you refer is a:

• Self-referral;
• Candidate who has already been referred by an external or internal reference;
• Candidate that Better is actively recruiting, has applied for any position on the Better.com Careers website, or who has had a dialogue about career opportunities with Better or a Better representative within the last 6 months;
• Recent or current contractor, temporary worker, payrollee, or consultant of Better;
• Former Better employee (in any capacity).

While it is not necessary to have worked with a candidate in the past, the external referrer should be confident in their skills and work ethic, and the candidate must be personally known to the referrer. Candidates must be referred via the Drafted referral portal (see “HOW TO SUBMIT A REFERRAL” below).

Under the Program, a referred candidate must qualify for, interview for, accept an offer of employment for, and begin, full-time, regular employment. A one-time referral bonus is not given for roles that are temporary or part-time, an internship, or a contractor/consultant relationship.

BONUS AMOUNT AND PAYMENT PROCESS
Below indicates the one-time referral bonus amount associated with a candidate for a category of role. From time to time, Better may change the amount associated with a particular category of role, and referrals received on or after the Effective Date listed below will receive that new amount.

Roles
All Roles

One-Time Referral Bonus Amount
$500

Effective Date
July 1, 2020

The one-time referral bonus will be paid out in one lump sum on or around the time of the new hire’s start date. The new hire must have accepted employment and be an employee in good standing with Better at the time of the payout. Payments are expected to be disbursed via PayPal and may require a PayPal account in order to complete. Information transmitted to PayPal or its affiliated services in order to complete payment will be subject to PayPal's terms and conditions, including its own privacy policies.

TAXES
Payments made under this Program are subject to applicable taxes and will only be made to referrers with a valid U.S. Tax ID/Social Security Number and a U.S. mailing address. If the candidate is successfully hired by Better and other terms are met, the referrer must complete and return an IRS Form W-9 to Better (and any other documentation that Better may require) in order to receive the one-time referral bonus. A one-time referral will be paid pre-tax from Better. You are solely responsible for paying appropriate state and federal taxes and other obligations on any payment received. Better intends to report referral payments to appropriate tax authorities.

HOW TO SUBMIT A REFERRAL
External referrals must be submitted for a role via the Drafted portal (https://app.drafted.us/c/betterdotcom) to be eligible for this Program. All relevant information that is requested must be provided on the Drafted portal. Only those positions listed on the Drafted portal are eligible for the Program. The Better Talent Team will review external referrals against open and relevant opportunities but cannot guarantee that a referral candidate will be interviewed.

OTHER
All referral bonuses are paid at the sole discretion of Better. Better reserves the right to rescind or modify the terms and conditions of this Program without prior notice or to end the program without prior notice. Failure to provide any required information, including the information detailed here, requested on the Drafted portal, or required on any applicable tax forms, will result in a delayed or voided referral bonus.

By submitting a referral, you are agreeing to these terms and conditions outlined for the Program.

In addition, please see Better’s Privacy Policy external for information on our data collection practices, including relating to personal information collected in connection with this Program. Information submitted through the Drafted portal is also subject to Drafted's terms and conditions, including its Privacy Policy.

This Program is valid only in the United States unless otherwise noted.

Please email referrals@better.com with any questions regarding the Program.