The Royal Decree

ROYALTY POINTS 

Royalty Points are earned by the purchasing company and are non-transferable. They are not earned on taxes collected. Royalty Points are earned incrementally on qualified deals valued at $5000 or more, pre-tax and pre-discount/reward. They may also be earned for referrals that convert to qualified deals. Qualified deals are fully paid contracts of $5000 or more, pre-tax, pre-discount/reward. 

ROYALTY REWARDS 

Royalty Rewards are a promotional currency offered by Knovl Construction. Royalty Points may be redeemed at the Royal Hierarchy levels as delineated above. Earned Royalty Rewards may be redeemed on future qualified deals. Royalty Rewards are applied before taxes, special offers, and/or rewards. The maximum Royalty Reward redemption applied to a single qualified deal may not exceed 5% of the total value of the deal, pre-tax, pre-discount/reward. For example, a job quoted at $50,000, before taxes and discounts, may be discounted up to $5,000. Royalty Rewards cannot be redeemed in conjunction with other special offers.