Locallista Partner Dividend Program and Premium Partner Plan
1. Introduction
At Locallista, we believe in true partnership with the businesses that power our community. Our Partner Dividend Program and Premium Partner Plan are designed to share our success with our most committed and high-quality service providers. Unlike traditional marketplaces that simply charge fees or commissions, we allocate a share of our future profits to our partners, ensuring long-term, sustainable value for businesses that actively contribute to our growth.
This document outlines the main details of these programs, including eligibility, profit distribution, membership share allocations, and terms of participation. To read the detailed legal terms that governs the program, visit this page.
2. The Locallista Partner Dividend Program
2.1 Overview
The Locallista Partner Dividend Program allows eligible businesses to earn membership shares in Locallista’s profit-sharing pool. These shares represent the right to receive a portion of Locallista’s profits within a specific market.
2.2 Eligibility and Participation Requirements
This program is exclusively available to Locallista Member Businesses, defined as service providers that:
Have been accepted into the Locallista marketplace.
Have met all vetting requirements, including the one-time lifetime entry fee.
Remain in good standing, adhering to platform rules and maintaining the required minimum review score and high-quality service.
In order to maintain the participation in the Program and the possibility of continue to benefit from the distribution of profits established herein, Participants must:
Remain in good standing with the compliance with the platform rules and maintain the required minimum review score and high-quality service.
Refer at least 10 new users (expats) to the platform via the exclusive link attributed under this program. These new users must conclude their registration on the Platform.
Refer to our general terms for more details on membership requirements.
Single Business, Single entity, Single Market Participation:
A business can only participate in the Partner Dividend Program once, even if it has multiple business profiles on multiple categories.
Single Market Participation: A business can only participate in the Partner Dividend Program in one market, which will be designated as their primary market. While businesses can list their services in multiple markets, their profit-sharing participation is limited to the first market they joined.
Participation by Other Locallista Partners
While this program is primarily designed for Locallista Member Businesses, Locallista reserves the right to extend participation to select company partners, including:
Advisors and strategic contributors to Locallista.
Members of Locallista’s community board.
Select affiliates or other trusted partners that play a key role in Locallista’s growth and ecosystem.
Any non-member participants must be explicitly invited by Locallista and approved on a case-by-case basis. The requirements to participate and receive benefits under the Program for non-members may differ from the ones applicable to Member Businesses and will be settled between the Parties in an independent Agreement.
The majority of membership shares will continue to be allocated to high-quality service providers.
2.3 Membership Shares & Profit Distribution
1. Total Allocation: Locallista allocates 1,250 membership shares per market, which collectively entitle holders to 10% of the profit from that market.
2. Per-Share Value: Each share grants the holder 0.008% (10% / 1,250) of that market’s profits.
3. Founding Generation Incentive: The first 300 businesses in each market receive 2 membership shares instead of 1.
4. Fixed Allocation: The total pool of 1,250 shares is finite and will never be diluted. If additional shares are to be issued in the future under a new Partner Dividend Program, these will be separate from this pool and will not dilute existing shares or affect their value.
5. Projected Profit-Based Payouts: Payouts are expected to begin from year 3 (profitability for a market is only expected on year 3 and onwards) and, based on business forecasts we have estimated a membership share value of €160, and with that face value each share is expected to yield a 25% average return per year from year 3 onwards, with an expected total return of 650% (~€1000) over 20 years.
Note: these are predictions made by Locallista to provide future Participants with information on the estimated profits which might be expected from participating in the program and are based on the current expectations of profitability applicable to the business. Therefore, please be advised that these predictions DO NOT represent any guarantee of profitability or value assumed by Locallista.
2.4 Profit Calculation & Payouts
Businesses that join in the first half of the year will receive the full payout for that year. Businesses that join in Q3 will receive 50% of the payout value for that year, while those joining in Q4 will not receive any payout for that year.
The date a business joins is defined as the date by which the business has completed all their requirements to be listed, including finishing the vetting process, providing the necessary details for the business profile, and completing payment of the entry fee if applicable.
Refer to our general terms for more details on the distribution of profits and payment terms.
2.5 Membership Share Terms
Valid for 20 Years: The profit-sharing pools of each market created under this Program will be valid for a period of 20 years, starting from the month each market is launched (not from the date of an individual business's enrollment). This means that if a business joins after five years of a market’s launch, they will have only 15 years remaining to receive payouts.
Non-Transferable: Membership shares cannot be sold, transferred, or reassigned.
Revocation Criteria:
• Businesses that fail to meet this requirement for 2 consecutive years or that only invite 5 or less users (50% of the target) in a given year will automatically lose their membership shares.
• Businesses which do not meet the requirements of the Platform or that violate the Terms and Conditions and internal policies of the Platform will also lose their membership shares.
• If revoked, the share returns to the available pool and can be reassigned to a waiting business.
2.6 Additional Share Allocations
Businesses that generate 200 expat registrations in a single year (tracked via unique referral links) can double their share allocation if shares are available in the pool. This extra share allocation will remain for at least two years, and can be maintained if the Business continues to meet the 200-user target annually.
2.7 Changes to the program and annual reporting
The company will provide an annual report to all membership share holders about the amount of profit that is being distributed and the forecast for the following year. It is clarified that the company will keep doing so, to the extent that this will not be prevented due to regulations and will not conflict with core company interests (such as the need to maintain confidentiality under some circumstances).
The company also reserves the right to change these program terms unilaterally.
3. Legal and Compliance
3.1 Legal Standing of Membership Shares
Not Company Equity: Membership shares do not represent equity or ownership in Locallista.
No Preferential Treatment: Holding shares does not entitle businesses to any special treatment on the Locallista platform.
Program Oversight: The program is supervised by Locallista’s legal team and administered in compliance with company policies.
3.2 Formal Documentation
Legal Agreement: A signed legal document detailing the program is available to all approved businesses upon request.
Regulatory Compliance: The program follows applicable laws related to profit-sharing programs.
Legal Agreement: A signed legal document detailing the program is available to all approved businesses upon request.
Regulatory Compliance: The program follows applicable laws related to profit-sharing programs. [Placeholder: Specify if the program needs to be deposited or audited and where.]
4. Disclaimer on Expected Returns
The expected returns mentioned in this document are based on current business forecasts and financial modeling. They should not be interpreted as a commitment or guarantee of specific returns. Actual payouts will depend on Locallista’s performance, market conditions, and profitability.
5. Conclusion
The Locallista Partner Dividend Program and Premium Partner Plan offer businesses a unique opportunity to earn long-term financial rewards while contributing to the platform’s growth. Whether participating as a standard partner or opting to purchase premium shares, businesses have a way to benefit from Locallista’s success in a way that aligns with fairness, transparency, and sustainability.
If you’re a high-quality service provider committed to the expat community, we invite you to join the program today and secure your share in Locallista’s future success!