Fees and ACH Authorization Agreement

Effective Date: July 29, 2016


This Fee and ACH Authorization Agreement (this “Agreement”) provides information on the fees Designity and its Affiliate charge for use of the Site’s communication, invoicing, dispute resolution and payment services, including Payment Protection, and includes eligible Users’ authorization for debits and credits from and to their designated bank accounts via the automated clearing house network (“ACH”). This Agreement is part of the Terms of Service. Capitalized terms not defined in this Agreement are defined in the User Agreement, elsewhere in the Terms of Service, or have the meanings given such terms on the Site.

By continuing to use the Site or the Site Services on or after the Effective Date, you accept and agree to this Agreement. To the extent permitted by applicable law and except as otherwise provided in the Terms of Service, we may modify this Agreement without prior notice to you, and any revisions to this Agreement will take effect when posted on the Site unless otherwise stated. Please check the Site often for updates.

1. Service Fees Charged to Freelancers

Pursuant to the User Agreement, we charge Freelancers a Service Fee for each Engagement. Regardless of the nature of the Engagement, Designity charges 8% comissions fees on each project. Where applicable, Designity may also collect taxes (such as value added tax (VAT) in Europe) on Service Fees.

2. Service Fees Charged to Clients

Pursuant to the User Agreement, clinets are charged a fix-fee of $45 for posting freelance projects, $95 for posting Job and intenrship Opportunities.

3. Payment Processing Fees Charged to Client

3.1  2.75% Payment Processing Fee

Starting on or after the Effective Date, we will charge Clients a payment processing and administration fee of 2.75% of the total amount of each payment made for the Site Services (the “Payment Processing Fee”), except as otherwise provided in this Agreement. We will notify you of the date when we will begin charging the Payment Processing Fee by email and by posting a notice on the Site.

If payments made by a Client are released to the Client Escrow Account for any reason or refunded by a Freelancer, the Payment Processing Fee, if applicable, will not be refunded.

Enterprise Clients are charged the rate(s) provided in the applicable Enterprise Client contract and are not charged the Payment Processing Fee, unless otherwise provided in the applicable Enterprise Client contract.

3.2  Flat Payment Processing Fee

Eligible Clients may elect to pay a payment processing fee of $25.00 for all payments in a monthly period (the “Flat Payment Processing Fee”) rather than the Payment Processing Fee for each payment. To be eligible for the Flat Payment Processing Fee, a Client must:

(a)  have made payments for the Site Services on time for the prior 12 months;

(b)  have an Account in good standing, without violations of the Terms of Service; and

(c)  either (i) use a U.S. bank account as a Payment Method or (ii) have a billing address in Australia, Canada, the United Kingdom, or a country that uses the Euro and pay for the Site Services in your local currency using a credit or debit card.

Designity reserves the right to modify the eligibility requirements for the Flat Payment Processing Fee at any time upon reasonable advance notice before the change becomes effective.

If you sign up for the Flat Payment Processing Fee on the Site but do not comply with the above requirements for any given payment, the Payment Processing Fee will apply to that payment, in addition to the Flat Payment Processing Fee that will be charged to you for that month. For example, if you have a billing address in Canada but make a payment in U.S. Dollars rather than your local currency, the Payment Processing Fee will apply to that payment. The Payment Processing Fee for any given payment will also not be credited towards your Flat Payment Processing Fee.

3.3  Authorization for Automatic Payment of Flat Payment Processing Fee

You must pay the Flat Payment Processing Fee through your Client Escrow Account. Each Flat Payment Processing Fee covers a monthly billing period beginning on the date that we receive a payment for the Site Services and ending one month later.  For example, if you select the Flat Payment Processing Fee and are charged on the 15th of the month, the billing period will end on the 14th of the next month.  You irrevocably authorize and instruct EEC to automatically charge the Flat Payment Processing Fee to your Client Escrow Account at the beginning of each billing period. This authorization will remain in full force and effect until you change your settings in your Profile to select to pay the Payment Processing Fee,  otherwise notify us that you wish to revoke your authorization by contacting Customer Support, or cancel your Account.

You can switch between paying the Flat Payment Processing Fee and the Payment Processing Fee at any time, but you will not receive a refund or a credit for any of the Flat Payment Processing Fee if you switch to the Payment Processing Fee before the end of a billing period. If you switch from paying the Flat Payment Processing Fee to the Payment Processing Fee, you will not pay the Payment Processing Fee until after the end of the billing period in which you make the switch. If you later elect to pay the Flat Payment Processing Fee, the date you make such election will be the first day of the monthly  billing period.

4.  Authorization for ACH Debits and Credits

If and to the extent permitted by Designity in its sole discretion, Clients may pay Freelancer Fees and other fees owed under the Terms of Service from their designated bank accounts. Subject to Designity’s eligibility requirements, if you elect to pay Freelancer Fees and other fees owed under the Terms of Service via ACH transfers from your designated bank account, you hereby authorize EEC to electronically debit and, if necessary, electronically credit your designated bank account via ACH for such fees pursuant to the Terms of Service, and you agree to comply with the ACH rules issued by the National Automated Clearing House (“NACHA”) and all applicable laws, including, but not limited to, the federal Bank Secrecy Act, the U.S.A. Patriot Act, and economic sanctions overseen by the Office of Foreign Assets Control (OFAC). Your authorization for ACH transfers contained in this Section 3 will remain in full force and effect until you notify us that you wish to revoke your authorization by removing your bank account information from you Profile or by contacting Customer Support. You understand that we require at least one (1) business day’s prior notice in order to cancel your authorization for ACH transfers contained in this Section 3.

You must notify us of any change in your designated bank account’s information at least five (5) business days before any such change by updating your bank account information in your Profile or by contacting Customer Support. If we do not receive notice at least five (5) days before any such change, we may attempt, in our sole discretion, to implement such change prior to any ACH debit or credit transfer performed pursuant to your authorization provided in this Section 3. However, we assume no responsibility for our failure to do so.

You may view a history of your Account transactions by logging in to the Site. You are solely responsible for promptly reconciling your Account transaction history with the transaction records for your bank account. You must notify us of any errors or discrepancies in your Account transaction history (each, an “Error”) within 30 days of when the Error could be viewed in your Account transaction history on the Site. If you do not notify us of an Error within 30 days of when the Error could be viewed in your Account transaction history on the Site, you will forfeit the right to contest the Error, except to the extent such forfeiture is prohibited by applicable law or the NACHA rules.

Subject to the foregoing notice requirement: (a) if and to the extent an Error is caused by us, we will correct the Error and (b) if an Error is caused by you, we may, but are under no obligation to, attempt to correct the Error and will offset any costs we incur from any funds returned to your bank account or your Client Escrow Account, as applicable.