For Basecamp Fitness, what is the client agreeing to by opting to become a Client in any Fitness Incentive Program?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
d Fee, you will have the opportunity to enpage GFG for the required recordseeping services of your 401(ii) Plan. Recordseeping fees begin at $119 per month. Fees will be paid in accordance with the terms of the Recordseeping Agreement. Additional Recordseeping fees may apply.
<sup>6 As detailed in Paragraph 10 of the "Terms of Agreement."
<sup>7 EXPEDITE filings in California will incur an additional charge of $200 for each entity. This charge will be added to the Agreed Fee.
* Each individual contributing retirement funds to the iFinance is required to sign the agreement.
EXHIBIT M HEALTHY CONTRIBUTIONS AGREEMENT
Healthy Contributions Terms and Conditions of Service
Healthy Contributions ("HC") is the payment processor and program administrator for a number of Fitness Incentive Programs offered by multiple, individual Program Providers. By opting to participate in any of the Fitness Incentive Programs administered by HC the Client ("Client") agrees to abide by HC's Terms and Conditions set forth below, and as may be updated or amended from time to time.
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- Appointment of HC as Payment Processor. By opting to become a Client in any Fitness Incentive Program the Client agrees that HC will serve as the payment processor for the Fitness Incentive Program. HC will, among other things, (A) provide an electronic platform for the Client's entry of Fitness Incentive Programs specific data; (B) collect Fitness Incentive Program specific data from the Client (including Program Member usage data) and convey the data and information provided by the Client to the Program Provider; (C) disburse Fitness Incentive Program reimbursements and fees to the Client as directed by the Program Provider. Client agrees that HC has no independent or derivative liability to the Client for any reimbursements, fees or payments due to Client from any Program Provider under any Fitness Incentive Program and that HC's obligations to Participating Facility are limited to disbursing monies to Client received by HC from the Program Provider as directed by the Program Provider. Client acknowledges that HC has made no warranty, guarantee or representations to Client concerning the level, if any, of compensation or profit that Client may derive from participating in any Fitness Incentive Program. HC agrees to provide a 1099 Form to each Client that meets applicable IRS thresholds. Client's that do not meet applicable IRS thresholds may request a 1099 Form by contacting: compliance@healthycontributions.com. Client understands and acknowledges that the relationship created hereby is non-exclusive, meaning that either party hereto may do business with any other party that provides the same or similar services. Client agrees that HC may communicate with Client by, among other methods, email or other electronic means in order to, among other things, update Client concerning Fitness Incentive Program changes, enhancements, offers and other pertinent information. These communications may include information concerning health plans or promotional advertisings in connection with Fitness Incentive Programs and/or HC's services.
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- Payment. Unless HC's fees are being completely satisfied by the Program Provider, Client agrees to pay HC for its services provided herein as set forth below in the Healthy Contribution Club Fee Structure Schedule (the "Fee Structure Schedule"), pursuant to the payment method mandated by the Program Provider or, alternatively, pursuant to the available payment method selected by Client.
Source: Item 23 — RECEIPTS (FDD pages 62–248)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, by opting to become a Client in any Fitness Incentive Program administered by Healthy Contributions (HC), the Client agrees that HC will serve as the payment processor for the Fitness Incentive Program. HC will provide an electronic platform for the Client's entry of Fitness Incentive Programs specific data, collect Fitness Incentive Program specific data from the Client (including Program Member usage data) and convey the data and information provided by the Client to the Program Provider, and disburse Fitness Incentive Program reimbursements and fees to the Client as directed by the Program Provider. The client also agrees to abide by HC's Terms and Conditions.
In addition, the Client agrees to provide HC only with accurate data and information reflecting actual Program Member participation in the Fitness Incentive Program and to correctly update all Program Member data in the Healthy Contributions website by the 5th of every month for the preceding month. The client must review monthly return reports data as soon as they are made available and take action on any payment discrepancies found and promptly reimburse to the Program Provider any monies received by the Client that HC or the Program Provider determine in good faith were paid to the Client based upon inaccurate, false or faulty data or information submitted by the Client or that were paid to the Client by HC or the Program Provider by mistake.
The Client also agrees to provide HC with a completed W-9 Form and verifies that the information on the W-9 Form is accurate and to inform HC immediately of any change of control in the Client's ownership. The Client also agrees that a Program Provider and/or HC may audit Client's participation in any Fitness Incentive Program and that Client will provide full cooperation in connection with any such audit. The client also understands that participation in a Fitness Incentive Program may require the Client to be able to demonstrate that the Client maintains liability insurance at levels required by the Program Provider.
HC may communicate with Client by, among other methods, email or other electronic means in order to, among other things, update Client concerning Fitness Incentive Program changes, enhancements, offers and other pertinent information. Unless HC's fees are being completely satisfied by the Program Provider, Client agrees to pay HC for its services provided herein as set forth below in the Healthy Contribution Club Fee Structure Schedule (the "Fee Structure Schedule"), pursuant to the payment method mandated by the Program Provider or, alternatively, pursuant to the available payment method selected by Client. A late fee of $29.00 may be imposed if payment is not made within 10 days of notification.