This policy explains the terms and conditions under which Beacon Power, Inc. will reimburse retail customers for coupon submissions.
Redemption at the Store
Coupons are redeemable only by a consumer purchasing the product(s) indicated, including but not limited to the brand, quantity and size, not later than the expiration date, with the face value of the coupon deducted from the retail price.
Coupons may not be reproduced, photocopied, trimmed or altered in any way by the retailer.
Coupons are non-assignable and are void if transferred from their original recipient to any other person, firm or group. Beacon Power, Inc. does not permit the unauthorized distribution, collection, sale, or assignment of coupons for any reason. For example, coupons are not to be used in swap boxes, taped to product or placed on hooks near products, gathered and distributed by any person or group for charitable fund raising purposes, or otherwise used in any way except as described in Requirement 1 above.
Coupons are void if taxed, restricted or prohibited by law.
The consumer must pay applicable sales tax involved in connection with the purchase of coupon items. There is a limit of one coupon per purchase of the product(s) and size(s) indicated.
Coupons are redeemable only by authorized dealers located in the U.S. Beacon Power, Inc. will not honor coupons submitted by retailers for products purchased from sources outside of Beacon Power’s normal channels of distribution. Coupons redeemed on salvaged, damaged, close-out or diverted product will not be honored.
Processing Coupons for Payment
Beacon Power, Inc. will accept properly redeemed and identified coupons directly from the retailer, through a retailer clearinghouse or through a retailer billing agent. Coupons from unauthorized intermediary agents will not be accepted.
All applicable IRS reporting requirements, including obtaining an appropriate taxpayer identification number, must be complied with by the retailer.
To redeem coupons for Beacon Power, Inc., send properly redeemed coupons to: CMS, Inc., 2650 Pilgrim Court, Winston-Salem, NC 27106.
Policy for Payment and Denials
Retailers will be reimbursed for the following:
- Face value of properly redeemed coupons.
- $0.08 for handling each properly redeemed coupon. This covers any special handling, invoice preparation or other fees.
Postage will be reimbursed as follows: (1) retailers that sort and submit directly will be reimbursed for reasonable postage indicated on the package received; or (2) retailers using a retailer clearinghouse or billing agent will be reimbursed at a per thousand coupon rate of $7.20/M.
Retailers will NOT be reimbursed for the following:
- Unreasonable postage claims above the stated reimbursement rate set forth above.
- Submission of invoices.
- Add-on miscellaneous fees, including, but not limited to: shipping consolidation fees, invoice creation fees, minimum invoice fees and fuel surcharge fees.
Coupon reimbursements and adjustments may NOT be deducted from the payment of invoices.
On request, retailers must provide Beacon Power, Inc. with legitimate proof-of-purchase documentation of sufficient stock items to cover the coupons presented for payment. Failure to provide this documentation will deem all coupons null and void, and payment for such coupons will be withheld. Handwritten invoices or invoices from salvaged merchandise suppliers or diverters will not be honored as legitimate proof-of-purchase.
In the event a retailer payment is withheld, the retailer must appeal the decision of Beacon Power, Inc. within twelve (12) months of the date of notification. Contact Customer Service at (888) 833-7637.
The cash redemption value of each coupon is 1/25 of one cent.
It is FRAUD to present coupons for redemption other than as provided by this Coupon Redemption Policy.
FAILURE TO OBSERVE THE TERMS AND CONDITIONS SET FORTH IN THIS POLICY FOR THE PROPER REDEMPTION OF COUPONS MAY, AT THE SOLE OPTION OF BEACON POWER, INC., VOID ALL COUPONS SUBMITTED FOR REIMBURSEMENT AND ALL COUPONS MAY BE RETAINED AS PROPERTY OF BEACON POWER, INC., WITHOUT PAYMENT. FAILURE TO ENFORCE ANY TERMS OR CONDITIONS OF THIS POLICY SHALL NOT BE DEEMED A WAIVER FOR THEM.