Membership Application

Section A: Applicant's Information

Contact Information

You can phone in your tax information later

Mailing Address
Credit Card Information

As an option, you can provide a credit card information to be used for future fee payments.

Billing Address

*** We require you to provide us with a recent W9 form. You can download the form from the IRS website.

Section B: Contractual Agreement

The above name Applicant hereby applies for an account with Loyalty Trade Exchange (hereinafter referred to as "LTE") for the privilege of trading goods and services with other LTE Members. 

The Exchange will maintain accurate account balances for all transactions. Member will review monthly statements within thirty (30) days of receipt and notify the Exchange of any discrepancies, otherwise all transactions on the statement are deemed valid and properly payable. If paying by Check, mail to:
780 Lynnhaven Pkwy, STE 240
Virginia Beach, VA 23452.

Upon Acceptance as a Member of LTE:

1. The Applicant will pay a 12.5% Cash transaction fee on each purchase, billed monthly, and $15 cash and $15 in LTE Trade Dollars Monthly.
2. The applicant will pay a one-time Set Up Fee of $200 in Cash and a one-time Set Up Fee of $200 in LTE Trade Dollars. 
3. The applicant agrees to abide by the Trading Rules, as may be amended from time to time at LTE's discretion.
4. The Applicant agrees that any usage of an assigned line of credit constitutes a debt to the LTE trade exchange and may be payable in cash if acceptable trade options no longer exist.
5. A deficit trade balance will be charged a monthly 1% of deficit balance in trade. 
6. Any cash fees due and payable more than 30 days after the date due will be charged a monthly $25 Cash late fee, until the past due balance is paid in full.
7. Any cash or trade fees due and payable more than 60 days after the due date may be turned over for collections. In that event, Applicant agrees to pay any costs of collection and reasonable attorney fees.

By checking this box Applicant acknowledges that he/she is duly authorized to execute and deliver this agreement on behalf of company and that this agreement is binding upon the company in accordance with all its terms and conditions. It is understood that this Membership Application, together with the Trading Rules, constitute the entire agreement as between the parties and shall be binding upon their heirs, successors, administrators, and assigns. The agreement between the parties becomes effective upon the Applicant's acceptance below and the subsequent approval of the Membership Application by an officer of LTE. 

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