1. What is it?
L3P is a new Lcn program created in order to offer to Lcn members a protection service against bad payer agents.

2. What does it mean?
For any payment problem caused by some of our Lcn members, Lcn itself as an association will take the responsibility to cover the amount lost in order to benefit the partner damaged.

3. Main Goals
- The first one is to construct and develop among the members relationships based on confidence and responsibility;
- As second goal, we intend to protect Lcn and its partners from bad payer companies;
- Finally we do expect to reach companies in countries where we have not had any member yet. The L3P will also show them the good quality of our services.

4. Conditions
The participation in this program will be obligatory for everyone.

5. Costs
- The total amount to be paid is USD 200,00. The payment of it plus the annual membership fee should be done every year;
- Lcn will assume the lost of until USD 3.000,00 per each case. For that reason, we suggest that you give to your partner a credit of until USD 3.000,00, no more than this. Which means, when your partner has accumulated the total amount of USD 3.000,00 due to you, he (her) should pay you before starting a new business;
- Lcn will make three payments per year (three cases), in the total of until USD 9.000,00.

6. Disputes and Payments
- In case of payment problems between two companies, both companies should present their arguments before Lcn staff Head Office during the annual conference. There will be a private meeting for this purpose;
- The final decision will be made by Lcn staff, and the debtor company should pay its due in 30 days after the conference in only one payment;
- Both companies should attend the conference, on the contrary, neither the debtor or the damaged company will have the right to demand the acceptance of their arguments;
- If the debtor company does not attend the conference, he (her) will not have the right to demand the acceptance of his (her) arguments and should pay the due urgently under the penalty to be excluded from Lcn.

Observations:

- LCN is ready to help solve all disputes among members based on clear correspondence and data. Based on their experience, our professionals are willing to assist and give the correct opinion regarding to any matters issued.

- A credit term between agents is a specific agreement among them. LCN has nothing to do with these agreements. L3P is a program that helps agents based on a case studied and approved by Lcn Head Office.

- Lcn Payment Protection Program assistance shall be considered / applied / granted to Current members Only.

- L3P assistance shall NOT be granted to Members if Debts are Incurred prior to becoming LCN members.

7. Actions against the bad payer
- In case of no payment, the debtor company will be excluded from the group. Lcn will inform other associations about it, its name will be mentioned on Lcn black list as well as on the Freight Net Debtors web site whose agents list has reached the figure of more than 26.000 agents. All of them will be noticed about it;
- All necessary actions will be taken in order to protect other companies about the bad payer;
- Finally, Lcn will assume the due (until USD 3.000,00) in order to protect the damaged company and will also make the payment in 30 days after the conference.

8. Cancellation
If you leave Lcn group, there will be no reimbursement of the amount invested in it.

In conclusion
Lcn has been working in order to serve its agents each time better. We do expect you may join us in this new challenge which has been studied and analysed carefully for your own benefit.

We invite you to join us!

Please,print and sign your name below*:

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(Manager/Director signature)

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(Company name)

*By signing this contract you will be agreeing with all its conditions.