1. New Toast, Inc. (“Toast”) merchant customers who sign Toast’s Merchant Agreement (“Agreement”) on or before December 31, 2021 (“New Customers”) and meet the below criteria may be eligible to receive applicable discounts set forth below.
New Customers may be eligible to receive a one-time discount equal to fifty-percent (50%) of the Toast Hardware retail price and fifty-per- cent (50%) of the Toast POS Implementation retail price if they: (i) sign the Agreement on or before December 31, 2021; (ii) are purchasing Toast POS and Toast Payroll at the same time; (iii) have a Payroll Go-Live Date that is within sixty (60) days of their Toast POS Go-Live Date, and (iv) the location in which New Customer intends to use Toast POS and Toast Payroll is a new location opening are New Customer has signed the Agreement (the “Promotion”).
Go-Live Date, with respect to Toast POS, means the actual date upon which New Customer is capable of processing card payments and begins using the Toast POS services in a live production environment. Payroll Go-Live Date means the date on which the first payroll is posted.
2. Based on performance of small to medium-sized restaurants during Summer and Fall of 2020. Toast’s full POS suite includes Toast Online Ordering, Toast Gift Cards, Toast Loyalty, and Toast Marketing. Customers who quickly adopted the full suite mitigated the pandemic’s impact on their sales by 10-30% when compared with customers who used Toast POS only. Full suite available via our Growth Package.