This document outlines the terms and conditions for earning and utilizing Member Success Fee Credits on the N5Deal Platform. By participating in the Member Success Fee Credit Program, members are subject to the following terms and conditions.
1. Member Success Fee Credit Issuance
Members may be eligible to earn Member Success Fee Credits to reduce their member success fee obligations on the platform. Credits can be earned based on a variety of N5Deal member programs, which are subject to the sole discretion of N5Deal.
2. Credit Utilization
Provided the Member is in good standing and has not violated the N5Deal Terms of Service in any way, the Member can apply Member Success Fee Credit balances towards their future member success fee obligations.
3. Credit Expiration
Member Success Fee Credits have a 5-year life from the date of issuance. Credits not utilized within this timeframe will expire and be removed from the member's account.
4. Credit Transferability
Members can use Member Success Fee Credits with legal affiliates of their existing member account. However, credits cannot be used with unaffiliated new entities without the prior written consent of N5Deal.
5. Credit Eligibility
Credits are earned and issued exclusively based on fee payments made in accordance with the N5Deal Terms of Service and the Platform Member Service Fee Agreement, or any other applicable agreement. N5Deal, in its sole discretion, will determine Credit Eligibility on a deal-by-deal basis.
The following forms of fee payments do not qualify for Member Success Fee Credits:
- Late payments
- Payments made on transactions that were not self-reported by members
6. Credit Forfeiture
Members forfeit their Member Success Fee Credits for any violation of the N5Deal Terms of Service.
7. Program Changes
N5Deal reserves the right to change the Member Success Fee Credit Program at any time without prior notice. This includes, but is not limited to, changes to credit issuance rates, utilization rules, and expiration policies.
8. Disclaimer
Participation in the Member Success Fee Credit Program does not guarantee any specific outcomes or results. Member Success Fee Credits are non-transferable except as expressly provided herein.
For more information, visit https://n5deal.com/