Standards

FRM™ Standards

FRM™ and Functional Resource Management™ are components of the MemberWorks FRM system operated by XLNT Ventures & Acquisitions, Corp.

Sections below summarize the operating standards reflected in the current MemberWorks system. Nothing in these standards promises conversion, redemption, expiration terms or cash payment for FRM™.

1.Purpose of FRM

2.Definitions

3.Member eligibility

4.Account types

5.FRM issuance and allocation

6.Transfers

7.Merchant acceptance

8.Marketplace transactions

9.Pricing and valuation

10.Refunds and reversals

11.Account limitations and freezes

12.Account closure and recovery

13.Recordkeeping

14.Prohibited activity

15.Disputes and corrections

16.Privacy and data retention

17.Updates to the standards