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1601 Elm St. 

Floor 32 Suite 

Dallas, Tx 75201

RewardMeNow’s Membership Agreement

 

  1. The following Membership terms apply to members enrolled in RewardMeNow Rewardshare program.

    1. Definitions.  For the purposes of this Section 4, the following definitions apply:

      1. Rewardshare Program refers to RewardMeNow’s referral program. A RewardMeNow member of any level is automatically enrolled into the referral program.

      2. Users refers to individuals that have a membership of any level and uses the RewardMeNow Rewardshare program. Users can sign up to become a Driver/Worker which will be under a new  membership account and will have additional requirements.

      3. Referrer” means an individual who referred a sign up via their personal, RewardMeNow referral code and is now connected to their referral.

      4. Referral” means an individual who signs up with RewardMeNow via a referral code and is not connected to their referrer.

      5. Referral Code” a personal, unique code that is assigned to every individual upon a successful sign up.

      6. Referral Network” means a group of individuals that (i) expands 5 degrees deep and (ii) are all connected back to you.

      7. First Degree Referral” means every person who signs up with RewardMeNow via your Referral Code.

      8. Second Degree Referral” means every person who signs up with RewardMeNow via a “First Degree Referral” Referral Code

      9. Third Degree Referral” means every person who signs up with RewardMeNow via a “Second Degree Referral” Referral Code

      10. Fourth Degree Referral” means every person who signs up with RewardMeNow via a “Third Degree Referral” Referral Code

      11. Fifth Degree Referral” means every person who signs up with RewardMeNow via a “Fourth Degree Referral” Referral Code

      12. Free Membership” means a User that has completed a successful sign up with RewardMeNow that has (i) no Subscription Fees and (ii) can cancel at any time.

      13. Founder  Membership” means a User that has completed a successful sign up and upgrade with RewardMeNow that has (i) a ten ($10) monthly Subscription Fee and (ii) can downgrade or cancel at any time.

      14. Subscription Fee” means a monthly fee that is collected by RewardMeNow in exchange for a Founders Membership.

      15. E-Wallet” each User will have a Wallet associated with their membership, which will consist of Reward Points.

      16. Reward Points” means the amount of rewards an individual has earned in the value of points, one (1) point has the value of one (1) cent. Reward Points consists of the following: (A) the sum of the percentages from your Referral Network’s transactions (B) any credit indicated in the referral invitation or accompanying promotional materials and (C) Founders only; will receive two (2) percent back in points on purchases with Partners.

      17. Cash Out Reward Points” in order to convert your points to cash (i) you must have a minimum of twenty-five hundred (2,500) points to qualify for cash out option, (ii) a twenty (20%) fee will be applied per point, 1 point is equal to 0.8 cents when cashed out and (iii) a bank account must be linked with your E-Wallet in order to withdraw your cash, Or contact RewardMeNow at info@rewardmenow.org to verify your information and we will send a check with a ten dollar ($10) processing and handling fee.

      18. Referral Networks’ transactions” refers to all transaction any individual in your Referral Network completes with any RewardMeNow partner.

      19. Percentage received from Partners” refers to the amount (a percentage per dollar), agreed upon between RewardMeNow and each Reward Partner, that is given back to RewardMeNow on every completed transaction.

      20. Direct Upline Payout Model” refers to the splitting of the percentage received from a user’s transaction to the respective user’s direct upline, five (5) referrers removed. The model is as follows: (A) fifty percent (50%) goes to the first (1st) referrer removed, (B) twenty percent (20%) goes to the second (2nd) referrer removed, (C) fifteen percent (15%) goes to the third (3rd) referrer removed. (D) ten percent (10%) goes to the fourth (4th) referrer removed and (E) five percent (5%) goes to the fifth (5th) referrer removed.

      21. User’s Direct Upline” refers to an individual's direct upline of referrer’s, five (5) referrers removed. The direct upline benefits from the user’s transactions with RewardMeNow partners. A user’s direct upline will always consist of the same five users, although a user can fall into multiple direct upline’s of other users.  

      22. Inactive Account” means a membership account that has no usage of the reward points for a specified period of time. Also known as a dormant account.  

    1. Potential Reward Points from your Referral Network.

      1. Based on every Transaction within your Referral Network.  For every transaction, in your Referral Network you receive the sum of: (A) fifty percent (50%) of the percentage received from every First Degree Referrals’ transactions; plus (B) twenty percent (20%) of the percentage received from every Second Degree Referrals’ transactions; plus (C) fifteen percent (15%) of the percentage received from every Third Degree Referrals’ transactions; plus (D) ten percent (10%) of the percentage received from every Fourth Degree Referrals’ transactions; plus (E) five percent (5%) of the percentage received from every First Degree Referrals’ transactions.

    1. RewardMeNow’s Reservation of Right

      1. Reservation of Right to Change Percentages.  Notwithstanding the Payout Model conferred above, RewardMeNow reserves the right, in its discretion, to alter upwards or downwards any percentages above as economic conditions permit or mandate.

      2. Reservation of Right to Limit First Degree Referrals. Notwithstanding the Referrals conferred above, RewardMeNow reserves the right, in its discretion, to limit the amount of First Degree Referrals to any one (1) individual or organization to two hundred (200) people in a twenty-four (24) month period.

      3. Reservation of Right to Cancel a RewardMeNow Account. Under the following circumstance(s) a RewardMeNow account will be cancelled: (A) An inactive account for twelve (12) consecutive months will be terminated and all reward points will be forfeited to RewarMeNow; (B) Upon death, all reward points will go to the member’s family estate or designated beneficiary for a limit of two (2) years from the date of death. The account will be canceled at the conclusion of the two (2) year grace period.

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