Privacy Policy
Effective Date: November 4th, 2025
Last Updated: May 1st, 2026
Company: Benchmark Ledger Solutions LLC
Website: www.benchmarkledgersolutions.com
Contact: info@benchmarkledgersolutions.com
Introduction
Benchmark Ledger Solutions LLC (“Benchmark Ledger Solutions,” “we,” “our,” or “us”) respects your privacy and is committed to protecting the personal information you share with us. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you visit our website, engage our bookkeeping or notary services, or otherwise interact with us. By using our website or services, you consent to the practices described in this Privacy Policy. If you do not agree, please discontinue use of our website and services.
Information We Collect
We collect information that identifies, relates to, describes, or could reasonably be linked to you. The information we collect depends on how you interact with us.
Personal Information You Provide Directly
We may collect six [6] different types of information, identity information, contact information, financial information, authentication information, notarial information, and communications.
Information collected may include but not limited to Full name, date of birth, business name, job title, and professional credentials. Mailing address, email address, phone number, business address. Bank account details, transaction records, invoices, receipts, tax identification numbers, payroll data, and other financial documents provided for bookkeeping or advisory purposes. Username, passwords, and login credentials for bookkeeping platforms such as QuickBooks Online, Xero, or similar services (only with explicit consent). Documents presented for notarization, identification credentials, signatures, and notarization logs as required by Michigan law. Any correspondence with us via email, contact forms, chat systems, or consultations.
Information Automatically Collected
When you visit our website, we may automatically collect the following information. Device and Technical Information: IP address, browser type, operating system, referring URLs, time zone, and device identifiers. Usage Data: Pages viewed, time spent on pages, clicks, navigation patterns, and site performance analytics. Cookies and Tracking Technologies: To enhance user experience, remember preferences, and analyze site traffic. See Section 9 for more details.
Information from Third Parties
We may collect your information from accounting platforms (with your authorization), payment processors, public records and information, credit or background check services (if applicable for fraud prevention or verification), professional partners and affiliates.
Purpose & Use of Collected Information
We collect and use your information for the following lawful purposes: To provide bookkeeping, financial reporting, and advisory services. To prepare and deliver financial statements, reports, or other outputs requested by you. To verify your identity, prevent fraud, and comply with legal obligations. To manage billing, payments, and collections. To communicate updates, respond to inquiries, and provide customer support. To send marketing materials, newsletters, or promotional offers (only with your consent). To improve website functionality, user experience, and service quality. To comply with applicable state and federal laws, including record-keeping and notarial requirements.
Legal Basis for Processing
For clients or visitors in the European Economic Area (EEA), Benchmark Ledger Solutions processes data based on: Performance of a Contract – when providing services you requested. Legal Obligation – to comply with financial and tax laws. Legitimate Interests – to manage business operations and improve services. Consent – when you opt-in to communications or voluntarily provide data.
Data Retention & Storage
We retain your personal and financial data only as long as necessary to fulfill the purposes for which it was collected, comply with record-keeping obligations under Michigan law (typically 7 years for financial and notarial records), resolve disputes and enforce agreements. All digital data is stored securely using encrypted servers, password-protected systems, and limited administrative access. Physical records are stored in locked, access-controlled facilities.
Disclosures & Sharing of Information
We do not sell or rent personal information. We may share limited data under the following conditions.
With Service Providers and Contractors
We may share data with trusted third parties who assist us with your bookkeeping software (e.g., QuickBooks Online, Xero), payment processing (e.g., Stripe, PayPal), cloud storage providers, IT support and cybersecurity services, email, CRM platforms, and any other vendor needed to offer professional services or operation. All such partners are required to maintain confidentiality and comply with data protection standards.
For Legal or Compliance Reasons
We may disclose information when required to comply with applicable laws, subpoenas, or government requests, protect our rights, safety, or property, enforce our contracts and prevent fraud.
In Business Transfers
If Benchmark Ledger Solutions undergoes a merger, acquisition, or asset sale, your information may be transferred to the new entity under the same privacy terms.
Data Security
We employ administrative, technical, and physical safeguards to protect your data. AES-256 encryption for digital records and backups, multi-factor authentication for staff access, regular security audits and penetration testing, Secure Socket Layer (SSL) encryption on our website. Confidentiality agreements for all employees and contractors. While we take reasonable measures to protect your data, no method of transmission or storage is 100% secure. You acknowledge this inherent risk when using our services.
Your Rights & Choices
Depending on your location, you may have the following rights. Access and Portability: Request copies of the data we hold about you. Correction: Request corrections to inaccurate or incomplete data. Deletion: Request deletion of your information (except where legally required to retain it). Restriction of Processing: Limit how your data is used. Withdrawal of Consent: Withdraw consent for marketing or communications at any time. Complaint: File a complaint with the Michigan Attorney General or FTC if you believe your rights were violated. To exercise these rights, contact us at info@benchmarkledgersolutions.com.
Cookies & Tracking Technologies
We use cookies and related technologies to improve user experience. The types of cookies used include essential Cookies: Necessary for core website functions, analytics Cookies: Track usage to improve site performance preference Cookies: Remember user settings and choices, marketing Cookies: Deliver relevant ads or promotions (only if consented). You can disable cookies via your browser settings, but certain site features may not function properly.
Email Communications & Marketing
We comply with the CAN-SPAM Act (15 U.S.C. §7701). Marketing emails are sent only with your consent. You may opt out at any time by clicking the unsubscribe link in our emails or contacting us directly. Transactional or service-related messages are not considered marketing and cannot be opted out of.
Third-Party Links
Our website may contain links to third-party websites. We are not responsible for the privacy practices or content of these external sites. We encourage users to read their privacy policies before interacting with them.
Protection of SSNs
In compliance with the Michigan Social Security Number Privacy Act, we do not publicly display or transmit SSNs unless required by law. SSNs, if collected for legitimate tax or identity verification purposes, are stored securely and access is strictly limited.
Children’s Privacy
Our website and services are intended for users 18 years or older. We do not knowingly collect personal information from children under 13. If we learn that we have inadvertently collected such data, it will be deleted promptly.
Internal Data Transfers
If you access our services from outside the U.S., please note that your data may be transferred to and processed in the United States. By using our services, you consent to this transfer under applicable privacy standards.
Changes to This Privacy Policy
We may update this Privacy Policy periodically to reflect legal or operational changes. The updated version will be posted on our website with a new “Last Updated” date. Continued use of our services constitutes acceptance of the updated policy.
Governing Law
This Privacy Policy is governed by and construed in accordance with the laws of the State of Michigan and the United States of America. Any disputes arising from this Policy shall be handled in the courts located in Barry County, Michigan.
Terms & Conditions
Effective Date: November 4th, 2025
Last Updated: May 1st, 2026
Company: Benchmark Ledger Solutions LLC
Website: www.benchmarkledgersolutions.com
Contact: info@benchmarkledgersolutions.com
Acceptance of Terms
By accessing or using the Benchmark Ledger Solutions LLC website (“Site”), digital services, consultations, or any related products (“Services”), you agree to be bound by these Terms of Service (“Terms”). If you do not agree, you must discontinue use of our Site and Services immediately. These Terms form a binding contract between you (“Client,” “you,” or “your”) and Benchmark Ledger Solutions LLC (“Benchmark Ledger Solutions,” “we,” “us,” or “our”). We reserve the right to modify these Terms at any time. Updated Terms will be posted on our website with the effective date noted. Continued use constitutes acceptance of any modifications.
Description of Service
Benchmark Ledger Solutions LLC is a profit first accounting firm based in West Michigan. We provide virtual bookkeeping, accounting support, business analysis and advisory services, and other financial services related to small business and nonprofits located in the United States. Benchmark Ledger Solution’s services include but are not limited to: transaction recording, account reconciliation, accounts payable and receivable management, financial reporting, financial statement preparation, budgeting and forecasting, notary and witness services in Michigan, KPI tracking, KPI dashboard and reporting, advisory consultations, educational and training workshops for both employees and business owners. All services are performed remotely unless otherwise agreed in writing on their client service agreement (CSA).
Client Responsibilities
By engaging in services with Benchmark Ledger Solutions, you are agreeing to provide accurate information, maintain account access, provide timely responses, stay complaint, and maintain security. You must supply truthful, complete, and current information necessary for the performance of services. You are responsible for granting timely access to your financial records, accounting platforms, or necessary credentials. Alternatively clients are responsible for providing timely bank and account statements for monthly accounting. You agree to respond promptly to information requests and maintain communication. You are responsible for your own compliance with tax, employment, financial and incorporation laws. You are responsible for safeguarding your own passwords, credentials, and files provided to Benchmark Ledger Solutions. We are not responsible for any errors, fees, or delays caused by inaccurate or incomplete information supplied by you.
Service Limitations
While Benchmark Ledger Solutions provides financial, budgeting, forecasting, incorporation, operational, and other professional guidance, we do not offer certified public accounting (CPA) services, auditing or attestation services, legal or tax filing representation, investment or securities advice. Our services are designed to assist with your accounting, analysis, and education, not replace professional tax or legal counsel.
Payment & Fees
All payments for services are due according to the terms specified in your client service agreement or invoice. We accept payments via bank transfers, credit card, debit card, or other approved electronic payment methods. Unpaid balances after due dates will incur a 5% late fee, compounded weekly, until paid in full. Benchmark Ledger Solutions reserves the right to suspend or terminate services for non-payment. All payments are final unless otherwise stated in writing. Refunds may be issued at our sole disclosure in cases of duplicate payments or errors.
Confidentiality & Data Security
Benchmark Ledger Solutions adheres to strict confidentiality and data protection standards on par with US National banks. All client financial records, documentation, and communications are maintained securely and used solely for service delivery through your client portal. Your client portal has encryption (AES-256) for data at rest and TLS for data in transit, and is SOC 2 Type II certified for security. We do not disclose or share client data with third parties except as required by law, court order, or government request, and to trusted third-party vendors assisting in service delivery.
Electronic Communication & Consent
By using our Services, you consent to receive communications from us electronically. Notices, agreements, and disclosures delivered electronically satisfy any legal requirements that such communications be in writing. Electronic signatures and agreements executed through our website, CRM, Anchor, SignWell, or email are legally binding under the E-SIGN Act and Michigan’s Uniform Electronic Transactions Act (MCL 450.831 et seq.).
Intellectual Property
All content, logos, graphics, trademarks, and materials on our website and within our deliverables are the property of Benchmark Ledger Solutions LLC or its license. You are granted a limited, non-transferable license to use materials and applications provided to your for solely internal business or individual purposes. You may not copy, modify, distribute, sell, or publicly display our materials without written permission.
Client Data Ownership
You retain ownership of all original documents, records, and data you provide to us. Benchmark Ledger Solutions retains ownership of all methodologies, templates, systems, and work-papers developed during the engagement. Upon request, client data and records can be returned within 7 years of the document production date, subject to any unpaid balances or ongoing investigations.
Third-Party Platforms & Interrogations
Our Services may use third-party accounting, payment, or communication tools (such as QuickBooks, Xero, Stripe, or Google Workspace). While we select reputable partners, we do not control or assume responsibility for their security, privacy, or performance. You agree to comply with the terms and conditions of any third-party platforms used.
Limitation of Liability
To the fullest extent permitted by law, Benchmark Ledger Solutions LLC and its affiliates shall not be liable for any indirect, incidental, special, consequential, or punitive damages, any loss of profits, revenue, data, or goodwill, and any errors resulting from incomplete or inaccurate information provided by you. Our total liability shall not exceed the amount paid by you for services during the three (3) months preceding the claim.
Indemnification
You agree to indemnify, defend, and hold harmless Benchmark Ledger Solutions LLC, its officers, employees, and contractors from any claims, damages, or expenses arising from your breach of these Terms, your misuse of our Services or website, or your violation of any applicable law or third-party rights.
Termination
Either party may terminate a service engagement or account access. Clients may terminate services with written notice as stated in the service agreement. Benchmark Ledger Solutions may terminate the contract immediately if you violate these Terms, fail to pay, or engage in fraudulent, abusive, or unlawful behavior. Upon termination, all outstanding fees become immediately due, and your access to deliverables may be revoked until full payment is received.
Disclaimer of Warranties
All services and materials are provided “as is” and “as available.” Benchmark Ledger Solutions LLC makes no warranties, express or implied, including but not limited to: fitness for a particular purpose, accuracy or reliability of any data or report, continuous or error-free service availability. You assume all risk associated with the use of our Services.
Governing Law
These Terms are governed by and construed in accordance with the laws of the State of Michigan and the United States of America, without regard to conflict of law principles. Any disputes shall be resolved in the courts of Barry County, Michigan, unless otherwise agreed in arbitration.
Dispute Resolution & Arbitration
Any dispute arising from these Terms or Services shall first be resolved through good faith mediation. If unresolved, disputes shall be settled by binding arbitration under the rules of the American Arbitration Association (AAA), held in Grand Rapids, Michigan. Both parties waive the right to a jury trial and agree that arbitration is the exclusive forum for dispute resolution, except for claims involving unpaid fees or injunctive relief.
Force Majeure
We are not liable for delays or failures in performance caused by circumstances beyond our reasonable control, including but not limited to acts of God, natural disasters, power outages, war, cyberattacks, or government restrictions.
Severability
If any provision of these Terms is found invalid or unenforceable, the remaining provisions shall remain in full force and effect.
Entire Agreement
If any provision of these Terms is found invalid or unenforceable, the remaining provisions shall remain in full force and effect.
Contact Information
For questions, concerns, or legal inquiries regarding these Terms, reach out to Benchmark Ledger Solutions LLC through emai at info@benchmarkledgersolutions.com.
Disclaimer
Effective Date: November 4th, 2025
Last Updated: May 1st, 2026
Company: Benchmark Ledger Solutions LLC
Website: www.benchmarkledgersolutions.com
Contact: info@benchmarkledgersolutions.com
General Information
The information provided by Benchmark Ledger Solutions LLC (“Benchmark Ledger Solutions,” “we,” “us,” or “our”) on this website is for general informational and educational purposes only. All content, including text, graphics, reports, downloadable materials, blog posts, and communications, is provided in good faith. However, we make no representation or warranty of any kind regarding accuracy, adequacy, validity, reliability, availability, or completeness of any information on the Site. Under no circumstance shall Benchmark Ledger Solutions be liable for any loss or damage of any kind incurred as a result of the use of the site, reliance on any information provided, or inability to access content. Your use of the site and reliance on its content are solely at your own risk.
Professional Disclaimer
Benchmark Ledger Solutions LLC is a virtual bookkeeping and advisory service based in Michigan. We are not a Certified Public Accounting (CPA) firm, law firm, financial institution, or licensed investment advisory entity.
No Tax or Auditing
The information provided on this website does not constitute: Formal tax or legal accounting advice, auditing or attestation services, preparation of tax returns or representation before the IRS or state tax authorities. For such matters, you should consult a licensed CPA, tax preparer, or qualified professional advisor.
No Legal Advice
Nothing on this website or in any communication with Benchmark Ledger Solutions constitutes legal advice. You should always seek the counsel of a qualified attorney regarding legal matters such as business formation, contracts, compliance, or dispute resolution.
No Investment or Financial Planning Advice
All examples, recommendations, and discussions of business or financial performance are illustrative only. We do not offer investment, brokerage, securities, or financial planning advice. Any decisions you make based on information from our site are your sole responsibility.
Client Relationship Disclaimer
Viewing this website, downloading resources, or contacting us through forms, email, or messaging does not create a client relationship with Benchmark Ledger Solutions LLC. A client relationship is only established once both parties have signed a Client Service Agreement and payment has been received as defined in that agreement. Until then, any communication should be considered informational and non-binding.
External Links Disclaimer
This website may contain links to third-party websites, services, or resources that are not affiliated with Benchmark Ledger Solutions LLC. While we strive to provide useful references, we do not guarantee the accuracy, completeness, or legality of third-party content.We do not endorse or assume responsibility for products, services, or opinions expressed on linked websites. Users should review the privacy policies and terms of any external websites they visit. Benchmark Ledger Solutions is not responsible for any damages or losses incurred as a result of visiting or using third-party links.
Testimonials & Case Studies
Testimonials and case studies on this website reflect individual experiences and results achieved by specific clients. Video testimonials were provided by compensated individuals with positive experiences. These results are not typical and should not be viewed as guarantees of future performance. We make no assurances that similar results will be achieved by other clients, as outcomes depend on each client’s unique financial situation, record-keeping quality, and responsiveness.
Accuracy & Timeliness of Information
While we strive to keep content current, financial and legal standards evolve regularly. We make no guarantee that the information available on this site will remain up to date or applicable to every jurisdiction. Users are encouraged to verify key details and seek independent professional advice before acting on information found on this website.
Affiliate & Advertising Disclosure
Benchmark Ledger Solutions LLC may occasionally reference or link to third-party products or services. If affiliate partnerships are established, we may receive a small commission when you purchase through those links — at no additional cost to you. We only promote products or services that align with our professional standards, but we make no warranties about the outcomes of using them. All affiliate or promotional relationships are disclosed in compliance with FTC 16 CFR Part 255 – Guides Concerning the Use of Endorsements and Testimonials in Advertising.
Errors & Omissions Disclaimer
Although we make every effort to ensure accuracy, Benchmark Ledger Solutions LLC assumes no responsibility for errors, omissions, or discrepancies in the content provided. We do not guarantee that the website is free from viruses, malware, or harmful components, though security measures are maintained diligently.
No Warranties
All information, products, and services provided by Benchmark Ledger Solutions LLC are offered “as is” and “as available.” We expressly disclaim all warranties, express or implied, including but not limited to: Merchant-ability, fitness for a particular purpose, non-infringement, free from computer viruses Your continued use of our website implies acknowledgment of these limitations.
Limitation of Liability
To the fullest extent permitted by law, Benchmark Ledger Solutions LLC, its owners, employees, and contractors shall not be liable for any damages resulting from: Reliance on information found on our website, business losses, financial decisions, or data errors, interruption, delay, or inability to use the site. In jurisdictions that do not allow limitation of liability for incidental or consequential damages, our liability is limited to the extent permitted by law.
Indemnification
By using our website, you agree to defend, indemnify, and hold harmless Benchmark Ledger Solutions LLC, its affiliates, and team members from any claims, liabilities, or expenses arising from your use of the Site, violation of these disclaimers, or misuse of any provided materials.
Michigan-Specified Compliance
Benchmark Ledger Solutions LLC operates under the laws of the State of Michigan. In compliance with the Michigan Identity Theft Protection Act, Michigan Social Security Number Privacy Act, and relevant consumer protection statutes: We will never request confidential identifying data (such as SSNs or account PINs) through unverified electronic channels. We handle all financial and personal data under the confidentiality and record-keeping standards defined by Michigan law. Any disputes arising from the use of this Site or content shall be governed by Michigan law and resolved in Barry County, Michigan.
Changes to This Disclaimer
Benchmark Ledger Solutions LLC reserves the right to update, amend, or replace this disclaimer at any time without prior notice. The most recent version will always be posted on this page with the “Last Updated” date. Continued use of the website indicates acceptance of the revised disclaimer.
Contact Information
If you have any questions or concerns about this Disclaimer or wish to report a problem with website content, please contact Benchmark Ledger Solutions LLC through email info@benchmarkledgersolutions.com.
Environmental & Social Impact
Effective Date: November 4th, 2025
Last Updated: May 1st, 2026
Company: Benchmark Ledger Solutions LLC
Website: www.benchmarkledgersolutions.com
Contact: info@benchmarkledgersolutions.com
Purpose
Benchmark Ledger Solutions recognizes that businesses have a responsibility to operate in a manner that benefits society and the environment while maintaining strong financial performance. This Environmental & Social Impact Policy establishes our commitment to responsible business practices, environmental sustainability, ethical governance, and positive community impact. Our goal is to ensure that our operations, decisions, and partnerships contribute to a healthier environment, stronger communities, and a more sustainable global economy.
Scope
This policy applies to all operations, employees, contractors, and business partners associated with Benchmark Ledger Solutions. The principles outlined in this document guide our internal operations, business relationships, and long-term strategic decisions.
Environmental Responsibility
Benchmark Ledger Solutions is committed to minimizing our environmental footprint and supporting initiatives that protect the planet. Our environmental commitments include: Responsible resource use, sustainable operations, and environmental contributions. Actions Benchmark Ledger Solutions has committed to include educing paper consumption whenever possible through digital processes. Ensuring all company paper materials are securely delivered to certified recycling centers for proper recycling and disposal. Continuously evaluating operational processes to identify opportunities to reduce waste and improve efficiency. Prioritizing digital documentation and environmentally responsible administrative practices. Benchmark Ledger Solutions pledges to donate a fixed percentage of the company’s total net income annually to environmental initiatives indefinitely, donations will be made in December to a charity announced at that point. Our current environmental partner is Ecosia, supporting their global reforestation initiatives and advocacy for climate action, including their campaign for climate recognition through the Nobel Peace Prize. Our current efforts to supporting them include adopting Ecosia for all company searching. We will periodically review environmental partnerships to ensure donations support impact and credible environmental initiatives.
Social Responsibility
Benchmark Ledger Solutions is committed to conducting business in a way that positively impacts our clients, employees, and the communities we serve. Our social commitments include: Client impact, community engagement, and workplace environment. Actions we take include providing transparent, accurate, and ethical accounting and financial analysis services. Helping clients make informed decisions that strengthen their financial sustainability and long-term success. Supporting organizations and initiatives that promote environmental protection and sustainable economic development. Encouraging responsible financial practices among small businesses and entrepreneurs. Maintaining a professional, respectful, and inclusive work environment. Supporting employee development, well-being, and ethical professional standards.
Ethical Business Practices
Benchmark Ledger Solutions commits to maintaining the highest ethical standards in all business activities. Our ethical principles include: Honesty and transparency in all client relationships. Responsible financial reporting and analysis. Compliance with all applicable laws and professional standards. Protection of confidential client information. Avoidance of conflicts of interest. We believe ethical governance is essential to building long-term trust with clients, partners, and the community.
Continuous Improvement
Sustainability and social responsibility are ongoing commitments. Benchmark Ledger Solutions will regularly evaluate our policies, partnerships, and operations to identify opportunities for improvement. We aim to continuously strengthen our environmental and social impact through responsible decision-making and measurable actions.
Accountability
Leadership at Benchmark Ledger Solutions is responsible for upholding this policy and ensuring it remains integrated into company operations and strategic planning. This policy will be reviewed periodically to ensure it remains aligned with our values, evolving sustainability practices, and the standards established by organizations such as B Lab.
Purpose Clause
The purpose of Benchmark Ledger Solutions, LLC (the “Company”) shall include creating a material positive impact on society and the environment, taken as a whole, from the business and operations of the Company. In pursuit of this purpose, the Company shall strive to conduct its accounting, bookkeeping, and financial advisory services in a manner that promotes ethical business practices, financial transparency, environmental responsibility, and long-term value creation for clients, communities, and the environment. The Company, under the leadership of its owner, Kimi Witherell, is committed to operating in a manner consistent with the principles of responsible business, including sustainable operational practices, support of environmental initiatives, and contributions to organizations that promote environmental restoration and climate resilience.
Stakeholder Consideration
In discharging the duties of their positions and in considering the best interests of the Company, a manager shall consider the effects of any action or inaction on: i) the members of the Company; ii) the employees and workforce of the Company, its subsidiaries, and its suppliers; iii) the interests of its customers as beneficiaries of the purpose of the Company to have a material positive impact on society and the environment; iv) community and societal factors, including those of each community in which offices or facilities of the Company, its subsidiaries, or its suppliers are located; v) the local and global environment; vi) the short-term and long-term interests of the Company, including benefits that may accrue to the Company from its long-term plans and the possibility that these interests may be best served by the continued independence of the Company; and vii) the ability of the Company to create a material positive impact on society and the environment, taken as a whole.
Balanced Decision Making
In discharging the duties of a manager, and in determining what is in the best interests of the Company and its members, a manager shall not be required to regard any interest, or the interests of any particular group affected by an action or inaction, including the members, as a dominant or controlling interest or factor. A manager shall not be personally liable for monetary damages for: i) any action or inaction in the course of performing the duties of a manager under this paragraph if the manager was not interested with respect to the action or inaction; or ii) failure of the Company to create a material positive impact on society and the environment, taken as a whole.
Duties
A manager does not have a duty to any person other than a member in its capacity as a member with respect to the purpose of the Company or the obligations set forth in this Article, and nothing in this Article, express or implied, is intended to create or shall create or grant any right in or for any person other than a member or any cause of action by or for any person other than a member or the Company.
Reliance on Stakeholder Interests
Notwithstanding anything set forth herein, a manager is entitled to rely on the provisions regarding “best interests” set forth above in enforcing the rights of a manager hereunder and under applicable state law, and such reliance shall not, absent another breach, be construed as a breach of a manager’s duty of care. This shall apply even in the context of a Change in Control Transaction, where, as a result of weighing the interests set forth in subsection (a)(i)–(vii), a manager determines to accept an offer, between two competing offers, with a lower price per unit if it better supports the long-term mission and stakeholder interests of the Company.
Good Faith Business Judgment
A manager who makes a business judgment in good faith fulfills the duty under this section if the manager: i) is not interested in the subject of the business judgment; ii) is informed with respect to the subject of the business judgment to the extent the manager reasonably believes to be appropriate under the circumstances; and iii) rationally believes that the business judgment is in the best interests of the Company.
Referral Program
This Referral Agreement (“Agreement”) outlines the terms under which a Referrer may earn a referral reward from Benchmark Ledger Solutions LLC (“Company”). By participating in the referral program, the Referrer agrees to the terms below.
Eligibility to Refer
Any individual or business may refer potential clients to the Company.
Definition of Qualified Referral
A referral becomes a Qualified Referral when the referred person or business (“Referee”) meets all of the following conditions: i) The Referee complete their consultation and signs a Client Service Agreement (CSA); ii) The Referee enrolls in a full-service accounting contract; iii) The Referee remains an active paying client for a minimum of 3 full months. Once all 3 conditions are met the referral will be considered qualified for a reward.
Referral Reward Options
Once a referral is confirmed to be a qualified referral, the referrer will receive an email and may choose one of the following rewards.
Option A: Gift Card
A fifty-dollar ($50) gift card, selected from Amazon, Apple, MasterCard, Visa, or Walmart. This option is available to any Referrer, whether or not they are a current client of the Company.
Option B: Credit
A one-hundred-fifty-dollar ($150) service credit. This credit may only be issued to active Benchmark Ledger Solutions clients. The credit can be applied toward any bookkeeping or advisory service offered by the Company. Credits have no cash value and cannot be transferred or redeemed for cash.
Reward Issuance
Referral rewards are issued within ten business days after the Referee completes the three-month service period and the Company confirms payment compliance. The Company reserves the right to verify all information regarding the Referee and may decline a reward if fraud, misuse, or inaccurate information is suspected.
Limitations
Referrers may not earn rewards for referring their own business or any business they own in whole or in part. Only one Referrer may claim a reward for the same Referee. Rewards are issued per Qualified Referral with no cap unless otherwise stated by the Company.
Program Changes
Benchmark Ledger Solutions may update, modify, or discontinue the referral program at any time. Changes do not affect rewards already earned from confirmed Qualified Referrals. The most current version will always be available on our website.
Governing Law
This Agreement is governed by the laws of the United States of America State of Michigan.
Acceptance
Participation in the referral program signifies acceptance of all terms listed in this Agreement.