OTTAWA BOARD OF TRADE – PAYMENT TERMS
OBOT is a non-profit member centered organization relying on the timely collection of membership dues in order to execute on the mission, advocacy, and programs that strengthen the Ottawa business community. To that end, we are refining our member payment process to best serve our members and ensure efficiency.
Membership Overview
Membership with the Ottawa Board of Trade (OBOT) provides organizations and individuals with access to member benefits offered by OBOT as commensurate with membership level. By becoming a member, you agree to comply with the payment terms outlined in this document.
In order to facilitate ongoing communication regarding your member benefits, we will be in touch throughout the year and one month prior to your renewal date. You will also receive weekly e-mail newsletters and event marketing campaigns from OBOT.
Membership Term
Membership is valid for a one-year period from the date of activation, unless otherwise indicated. Memberships renew annually, and members will be notified of renewal by email with an invoice attached. Members must inform OBOT of their intention of non-renewal in writing. Members enrolled in automatic payment will be billed at the first of their renewal month unless written notice of non-renewal is received prior to the renewal date.
Payment Requirements
Membership fees are due upon joining or renewing membership. Payment must be made using the accepted methods indicated on the invoice.
Membership Suspension
Invoices not paid within 30 days of the invoice date will be considered overdue. OBOT reserves the right to suspend membership benefits at this time. During suspension, members will lose access to all benefits, including removal from membership directories and communications, until payment is received in full.
Membership Cancellation
If payment remains outstanding beyond 90 days from the invoice date, OBOT may cancel the membership. Cancellation will result in the termination of all membership rights and privileges.
Reinstatement following cancellation requires full payment of all outstanding fees as well as the new member administration fee.
Refunds
Membership fees are non-refundable. Requests for exceptions may be reviewed at OBOT’s sole discretion.
Amendments
OBOT reserves the right to update or modify these terms at any time. Members will be notified of any substantive changes.