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Pilot Program Terms
Version pilot-v1.3-2026-04-30
LETZCHARTER FOUNDING PARTNER PILOT AGREEMENT
Version: pilot-v1.3-2026-04-30
Effective Date: April 30, 2026
This Founding Partner Pilot Agreement ("Agreement") is entered into between
LetzCharter, LLC ("LetzCharter", "we", "us") and the operator identified in
the accompanying application ("Operator", "you").
1. PROGRAM OVERVIEW
LetzCharter operates a group transportation marketplace connecting
customers with verified charter, limo, shuttle, yacht, and party-bus
operators. The Founding Partner Pilot Program offers select early
operators permanently locked commission rates in exchange for a monthly
subscription and a good-faith commitment to participate during the
pilot period.
2. PILOT TIERS AND LOCKED RATES
Operator selected a pilot tier in the application. Each tier carries a
monthly subscription fee and a permanently locked marketplace commission
rate that depends on when the Operator enrolls:
Months 1-6 enrollment (May 1 - October 31, 2026):
Founding: $1,000/month, 3% commission permanently locked
Growth: $500/month, 5% commission permanently locked
Starter: $250/month, 7% commission permanently locked
Months 7-12 enrollment (November 1, 2026 onward):
Founding: $1,000/month, 5% commission permanently locked
Growth: $500/month, 7% commission permanently locked
Starter: $250/month, 10% commission permanently locked
During the twelve (12) month subscription period, Operator pays zero
percent (0%) commission on all marketplace bookings. After the
subscription period ends, the permanently locked commission rate
specified above takes effect and remains locked with no expiration.
All tiers receive identical platform access, support, and features.
3. SUBSCRIPTION AND BILLING
Subscription fees are billed monthly in advance via Stripe. Operator
authorizes LetzCharter (via Stripe) to charge the designated payment
method on each renewal date until cancelled per Section 7. Stripe
processing fees (2.9% + $0.30 per transaction) are passed through to
Operator at cost on marketplace bookings.
3.1 PAY-IN-FULL ELECTION. As an alternative to monthly billing,
Operator may elect at sign-up to pay the full twelve (12) month
subscription in advance ("Pay-in-Full") at the following tier-
specific prices:
Founding: $9,600 (20% discount; saves $2,400)
Growth: $4,950 (17.5% discount; saves $1,050)
Starter: $2,550 (15% discount; saves $450)
The Pay-in-Full election is made once at checkout and applies to
Operator's entire Subscription Term. The tier selected at Pay-in-
Full checkout is locked for the full Subscription Term; mid-term
tier changes are not supported on the Pay-in-Full path. The
Pilot Rate (0% commission), the Permanently Locked Rate, the
Subscription Extension, and all other commission and benefit
provisions of this Agreement apply identically to a Pay-in-Full
Operator — the election affects billing schedule only, not
commission rates or pilot benefits. Refund terms applicable to
Pay-in-Full are set forth in Section 7.
4. COMMISSION AND PAYOUTS
LetzCharter shall deduct the Operator's applicable commission rate
from each customer booking before remitting the remainder to Operator
via Stripe Connect.
For purposes of this Section 4:
"Subscription Term" means the original twelve (12) consecutive
month period commencing on the date of Operator's first paid
invoice.
"Marketplace Launch Date" means the date on which LetzCharter
publicly opens its booking marketplace to consumer traffic and
begins accepting customer bookings against Operator's listed
inventory.
"Good Standing" means that, as of the booking date in question,
Operator is (a) current on all subscription payments owed under
this Agreement, and (b) not in notice of termination under
Section 7.
The applicable commission rate shall be determined as follows:
(a) Pilot Rate (0%). The zero percent (0%) pilot commission rate
shall apply to a customer booking if and only if all of the
following conditions are simultaneously satisfied as of the
booking date:
(i) the Marketplace Launch Date has occurred prior to the
expiration of the Subscription Term;
(ii) the booking date falls on or after the Marketplace
Launch Date and on or before the expiration of the
Subscription Term; and
(iii) Operator is in Good Standing.
If any of conditions (i)-(iii) is not satisfied as of the
booking date, the rate set forth in subsection (b) or (c)
below shall apply in lieu of the Pilot Rate.
(b) Permanently Locked Rate. Upon expiration of the Subscription
Term — whether or not the Marketplace Launch Date has occurred
during the Subscription Term — the permanently locked
commission rate set forth in Section 2 shall take effect and
shall apply to all bookings completed thereafter, with no
expiration. Operator's Permanently Locked Rate shall be
determined by the enrollment window applicable on the date of
Operator's original sign-up (Months 1-6 vs. Months 7-12, per
Section 2). For the avoidance of doubt: the no-charge
subscription extension provided under Section 7 (which applies
in the event the Marketplace Launch Date has not occurred prior
to the expiration of the Subscription Term) covers the
subscription fee only and shall not operate to extend, defer,
revive, or reactivate the Pilot Rate. Bookings completed on or
after the Marketplace Launch Date — including bookings completed
during any such subscription extension — shall be commissioned
at the Permanently Locked Rate.
(c) Standard Rates Following Early Termination. If Operator
terminates the subscription before the expiration of the
Subscription Term (per Section 7), Operator's entitlement to
both the Pilot Rate and the Permanently Locked Rate shall be
forfeited as of the effective date of such termination.
Bookings completed on or after the termination effective date
shall be commissioned at LetzCharter's then-current standard
marketplace rates as published at /pricing (currently a
marginal bracket structure beginning at fifteen percent (15%)).
For illustrative purposes only and not as a limitation on the
foregoing: each Operator's Subscription Term is measured from that
Operator's individual first-paid-invoice date, not from a shared
pilot program start date. By way of example: if Operator A's
Subscription Term commences in Month 1 (of the pilot program) and
Operator B's Subscription Term commences in Month 5, and the
Marketplace Launch Date occurs in Month 8, then Operator A would
be entitled to the Pilot Rate on bookings during Months 8-13
(the final 5 months of Operator A's Subscription Term, subject to
continued Good Standing), and Operator B would be entitled to the
Pilot Rate on bookings during Months 8-17 (the final 9 months of
Operator B's Subscription Term, subject to continued Good Standing).
In each case the Permanently Locked Rate would apply to all bookings
completed after the expiration of that Operator's individual
Subscription Term.
Payouts shall follow Stripe Connect's standard schedule (typically
two (2) business days). Organizer event-management fees on
multi-operator bookings, where applicable, shall be charged to the
Organizer and shall not be deducted from Operator's payout.
5. OPERATOR OBLIGATIONS
Operator agrees to (a) provide accurate fleet, licensing, and insurance
information; (b) maintain any required DOT, MC, and state operating
authority; (c) honor confirmed bookings at the quoted price; (d)
respond to customer inquiries within a commercially reasonable time;
(e) not attempt to divert marketplace-sourced customers to off-platform
transactions.
6. TRANSFER ON COMPANY SALE
If Operator sells, transfers, or otherwise conveys substantially all
of its ongoing business operations (including fleet, customer
relationships, and active bookings) to another entity that continues
to operate in the charter transportation industry, the permanently
locked rate transfers to the acquiring entity with no expiration,
provided (a) the acquirer notifies LetzCharter in writing within
thirty (30) days, (b) the acquirer agrees to the terms of this
Agreement, and (c) Operator is in good standing (current on payments,
not in notice of termination) at the time of transfer.
7. COMMITMENT AND TERMINATION
The first three (3) months of the subscription are non-cancellable.
After month three, either party may terminate with thirty (30) days'
written notice. Operator is responsible for payments through the end
of the notice period only.
If Operator completes the full twelve (12) month subscription, the
permanently locked commission rate remains in effect with no
expiration. If Operator terminates before completing twelve months,
all permanently locked rate benefits are forfeited and Operator
reverts to standard marketplace rates.
LetzCharter may suspend or terminate immediately for material breach,
including safety incidents, fraud, or failure to honor confirmed
bookings. LetzCharter will provide fourteen (14) days' written notice
and opportunity to cure before termination, except in cases of fraud
or safety emergencies.
PAY-IN-FULL REFUND WINDOW. If Operator elected Pay-in-Full under
Section 3.1, the foregoing monthly cancellation provisions of this
Section 7 do not apply. Instead, Operator may cancel and receive a
full refund of the prepayment if Operator's written cancellation
notice is delivered to LetzCharter within thirty (30) calendar days
of the date the prepayment was charged. After that 30-day window the
prepayment is non-refundable; the discount in Section 3.1 is the
consideration for Operator's twelve (12) month commitment. A Pay-
in-Full Operator who does not cancel within the 30-day refund window
retains all Subscription Term benefits — including the Pilot Rate,
the Permanently Locked Rate, and the Subscription Extension — for
the full twelve (12) month Subscription Term.
If the Marketplace Launch Date has not occurred prior to the
expiration of the Subscription Term, the subscription shall extend
automatically at no additional charge to Operator until the
Marketplace Launch Date occurs (the "Subscription Extension"). For
the avoidance of doubt, the Subscription Extension covers the
subscription fee only; commission rates during the Subscription
Extension and at all times thereafter shall be governed exclusively
by Section 4.
8. CONFIDENTIALITY
Pilot pricing, pilot status, and the terms of this Agreement are
confidential. Operator agrees not to publicly disclose its tier,
locked rate, or pilot status without prior written consent from
LetzCharter. This obligation survives termination for two (2) years.
9. LIMITATION OF LIABILITY
To the maximum extent permitted by law, LetzCharter's aggregate
liability under this Agreement shall not exceed the total subscription
fees paid by Operator in the twelve (12) months preceding the event
giving rise to the claim. LetzCharter is not liable for indirect,
consequential, or punitive damages. LetzCharter makes no guarantees
regarding the volume of marketplace leads or bookings.
10. GOVERNING LAW AND DISPUTES
This Agreement is governed by the laws of the State of Wyoming,
without regard to conflict-of-laws principles. The parties agree to
resolve disputes through good-faith negotiation first, then binding
arbitration under the rules of the American Arbitration Association.
11. ELECTRONIC SIGNATURE
By typing your full legal name, checking the acknowledgment box, and
clicking "Sign and Continue", you agree that (a) you have read and
understood this Agreement in full, (b) you have authority to bind the
Operator entity, (c) your typed name constitutes your electronic
signature under the U.S. E-SIGN Act and applicable state law, and
(d) this Agreement is legally binding.
By signing below, Operator and LetzCharter agree to the terms set forth
in this Agreement.
This document is provided as the operative pilot partner agreement. For questions, contact legal@letzcharter.com. Pricing source of truth: /pricing.