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What's really shitty about this is how it forces you to keep promoting them if you have existing referrals.
When they update the TOS and, for example, change it from 6 months inactive for a member before you no longer get credit for their purchases to 5 months (then 4, then 3 ...), if you don't agree, what happens? They close your account and/or stop paying you?
Imagine if you went to work in sales for a company who promised lifetime commissions for all clients you brought in, then a few years into your career they decided that "lifetime" wasn't really lifetime after all, cut your commissions and said if you quit they no longer have to pay you. You'd probably sue them.
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