Merchant Advantage. Club (optional merchant club fee). In the event You have elected to be enrolled in Merchant Advantage Club by populating the Merchant Advantage Club monthly fee contained in the Rates & Fees (“Merchant Advantage Club Fee”), You will be enrolled in the Merchant Advantage Club (or such other name as designated by Processor) and merchant club program (“Merchant Program”), and You agree to pay the monthly Merchant Advantage Club Fee. The benefits provided by the Merchant Program are subject to change or cancellation as provided in the terms and conditions of the Merchant Program provided to You in the welcome kit for the Merchant Advantage Club Program. The Advantage Club Program includes the following benefits and conditions: • To qualify for the Merchant Program, Equipment must be purchased at or above list price; • You may only opt into the Merchant Program at the time You purchase your Equipment; • You will receive a box of paper at the time your Equipment is delivered and one additional box of paper every six (6) months during the period that You continue to participate in the Merchant Program; • You shall be entitled to obtain replacement Equipment if your Equipment is defective, one time during each twelve (12) month period during the four (4) year period following the date on which You purchase the Equipment; • The replacement Equipment shall be the same or substantially similar to your Equipment that is being replaced; • In the case of each Replacement, You will be charged a service fee of $49; • You will be obligated, upon receipt of the replacement Equipment, to return your Equipment to Processor and the returned Equipment shall then belong to Processor and the replacement Equipment shall then be covered by the Merchant Program; • Damage outside of normal wear and tear, including, without limitation, cracked screens, broken printer covers, damaged power packs or ports and/or cut cords, will not entitle You to replacement Equipment under the Merchant Program; • You may cancel at any time by giving written notice to Processor; and • Theft or loss of the original Equipment will not entitle You to receive replacement Equipment. You will be billed the Merchant Advantage Club Fee on your regular monthly statement beginning with the first billing cycle following thirty (30) days of processing with Processor, and each month thereafter. If You choose not to participate in the Merchant Advantage Club Program, any equipment failure not covered under your warra...
