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What Is Membership Agreement Meaning

Once you have become a member, we will not normally revoke it (except in accordance with the termination or suspension of your membership as described in paragraphs 19 and 20), but we reserve the right to do so if we become aware of facts that lead us to believe: “Agreement” means this agreement between IEL and the member as amended from time to time in accordance with clause 2.4. Members have the right to receive the services provided by the association under the valid membership conditions. Conclude the membership contract with a signature and date line at the bottom. You become a member of the Platform and will remain so unless your membership is terminated or suspended in accordance with paragraph 19. Our obligations to you are set forth in this Agreement and the Platform Agreements. If the association`s board of directors decides that an additional budget is required for administration, an additional membership fee may be charged to members. We do not give any advice or recommendation regarding any aspect of transactions made through the Platform, with the exception of advice on the technical use of the Platform. This means, among other things, that we cannot give you investment, legal, tax or other advice related to your membership or investments you make through the Platform and is not intended to constitute advice or recommendation on the Platform or in communications we send you. If you need or want advice, you should consult an appropriate financial, legal, tax or other professional. There are members who have been exempted from paying the monthly dues. Notwithstanding the process set out in this paragraph 5, we may decide, for any reason or no reason, not to allow you to become a member.

We will not be liable to you for any loss, damage or cost arising from our decision and we are under no obligation to explain our decision. Ā§ 5 Temporary expiry of membership (5) Members do not pay the required membership fee within the payment period specified in the statutes. You must inform us as soon as possible if you are no longer eligible according to the criteria of paragraph 4.1. . . .