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Rewarding Rules

RyVnGldr edited this page Dec 8, 2018 · 1 revision

Reward Rules As a member you receive an account which keeps record of all forms of your participation and allows you to easily manage your membership programs, opportunities, and benefits. Your account can be credited, debited, and rewarded for your participation. Multiplicity serves as a means for us to recognize and reward the efforts and participation of our individual members and to promote a greater level of involvement and value within our community.

Exchangeable Credits: Members may be provided with the ability to exchange CGC for their local currency under the following rules:

Youth members between the ages of 14 -18 may not exchange more than $500 a month, with parental or guardian consent. Members can exchange no more than $2000 a month. Management can exchange no more than $3000 a month. Vice-Presidents and Officers can exchange no more than $4000 a month. Presidents can exchange no more than $5000 a month.

Passable Credits: Passing credits from one member to another may not exceed three recipients a month and 2000 credits per recipient.

Redeeming Credits: There is no limit on the amount of credits a member can redeem for membership services.

Transferring Credits: No member may transfer a membership or any right arising there from except in regards to transferable credits. Only upon dissolution of a membership in any case are these types of credits transferable in whole or in part to another member, members, or they may be dedicated to any charitable purpose within the organization.

Dissolution/Cash-Out: Upon dissolution of membership a member may cash out their account however in instances where the total monetary value of exchangeable credits is more than $100,000 in applicable local currency. It will be distributed upon settlement between the former member and the board of directors.

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