*Members who reach the $25,000 minimum to qualify for the $500 CEO Membership, and the RP’s who reach the $100,000 minimum for the Free Membership (before August 15th) will be paid the increased commissions from those fundings on August 31st. If a member achieves either minimum after August 15th, the increased commissions will be paid on September 15th. The $500 CEO Circle Membership fee will be deducted from those commissions on August 31st or September 15th depending on when the minimum funding is achieved. Founding Circle Members who qualify for the $500 CEO Circle upgrade with new fundings of $25,000 to $99,999, must sign a CEO Circle Member Agreement and Network Fee Waiver/Discount Addendum to receive the higher commissions and agree to the $500 Membership Fee deduction from those commissions. If the RP fails to sign the CEO Circle Member Agreement and Addendum, they will remain at the Founding Circle level and continue being paid the standard 3% commissions. Same rules apply if a Founding Circle Member funds $100,000 or more and qualifies for the FREE CEO Membership but fails to sign the CEO Circle Member Agreement and Addendum. Founding Circle Members who qualify for the Free or discounted CEO Circle Membership will receive 8% commissions (4% upfront and 4% over 12 months) on their August fundings (paid on 8/31 for fundings from 8/1 to 8/15); and on 9/15 for fundings from (8/16 – 8/31). All CEO Circle Memberships from the August Incentives are for 1 year and renewals are charged at standard pricing. The fundings for the winner of August’s $5,000 Highest Funder Bonus do not count toward their regular CEO Bonus of $5,000 for every $500,000 funded or the annual $25,000 cap.