Merchant Agreement

Last Updated: 1 March 2026

This Merchant Agreement ("Agreement") governs the participation of the undersigned merchant ("Merchant") in the iGNITE Coalition Loyalty Program ("Program") operated by iGNITE Rewards, a digital commerce platform under True North Concepts Limited ("True North"). By participating, the Merchant agrees to the terms below.

1. Definitions

1.1. Platform

The iGNITE Rewards website and associated mobile applications.

1.2. Program

The iGNITE Coalition Loyalty Program, owned by True North Concepts Limited, enabling Customers to earn and redeem Bonus Points through transactions with participating Merchants.

1.3. Bonus Points

Loyalty points issued under the Program, divided into Tier 1 (Store Rewards) and Tier 2 (Pool Rewards).

1.4. Tier 1 Bonus Points

Bonus Points earned at a specific Merchant and redeemable only at that Merchant.

1.5. Tier 2 Bonus Points

Additional Bonus Points allocated from the Program pool, redeemable at any participating Merchant.

1.6. Store Base Currency

The primary currency in which the Merchant prices goods and maintains accounting records (e.g., HKD, USD, as specified in the Merchant's onboarding profile).

1.7. Merchant

The business entity participating in the Program under this Agreement.

1.8. Customers

Individuals enrolled in the Program who earn or redeem iGNITE Points through the Merchant’s goods or services.

1.9. Material Breach

A repeated or willful violation of this Agreement after written notice and a 15-day cure period.

1.10. Misuse

Intentional fraudulent activity, such as point manipulation or unauthorized data access.

1.11. Tier 1: Store Rewards

Customers earn 1 Tier 1 Bonus Point for every 1 unit of store base currency spent at the Merchant. Tier 1 Bonus Points are redeemable only at the earning Merchant.

1.12. Tier 2: Pool Rewards

Customers receive an additional 30% of Tier 1 Bonus Points as Tier 2 Bonus Points from the Program pool. Tier 2 Bonus Points are redeemable at any participating iGNITE Merchant.

2. Participation

2.1. Eligibility

Legally registered business, compliant with laws, authorized representative ≥18 years.

2.2. Application and Approval

Submit via Platform; True North approves/rejects at sole discretion.

2.3. Non-Exclusivity

Participation in other programs allowed if no conflict with this Agreement.

3. Merchant Obligations

3.1. Point Issuance

Award 1 Tier 1 Bonus Point per 1 unit store base currency on eligible purchases (excludes taxes, fees, gift cards, returns, coupon promotions, charity donations, other Program Rules exclusions). Integrate True North system as directed.

3.2. Point Redemption

Accept Tier 1 Bonus Points only at earning Merchant; accept Tier 2 Bonus Points at Merchant. Standard rate: 1 Bonus Point = 0.02 units store base currency. Bonus Points have no cash value, non-transferable, non-refundable, non-exchangeable for cash except per Program Rules.

3.3. Compliance

Follow Program guidelines, laws, including PDPO (Hong Kong); act as data user and obtain consents.

3.4. Promotion

Use True North branding in-store, online, agreed channels.

3.5. Data Sharing

Provide transaction data; all Program data owned by True North, subject to Privacy Statement.

3.6. Program Rules

Adhere to current rules (updated by True North); display to Customers on request.

3.7. Fraud Prevention

Implement fraud detection; indemnify True North for Merchant fraud/negligence/security failures.

3.8. Customer Support

Handle in-store issuance/redemption inquiries; cooperate with True North on escalations.

3.9. Audit Rights & Records

True North may audit with notice; records of points/balances/transactions final and binding.

3.10. AML/Sanctions

Ongoing compliance with AML, sanctions, anti-corruption laws.

4. True North’s Obligations

4.1. Platform Support

Provide issuance, redemption, and reporting tools.

4.2. Program Management

Manage enrollment, tracking (incl. Tier 2 allocation), fulfillment unless agreed otherwise.

4.3. Marketing Support

Feature Merchant in campaigns subject to agreement.

5. Fees and Payments

5.1. Subscription Fees

Pay fees per merchant onboarding schedule or amended with notice.

5.2. Commission

Possible commission on Bonus Points transactions per guidelines.

5.3. Payment Terms

Fees and commissions are invoiced and settled monthly.

6. Term and Termination

6.1. Term

Commences on acceptance; continues until terminated.

6.2. Termination by Merchant

30 days’ written notice to True North.

6.3. Termination by True North for Convenience

30 days’ written notice to Merchant.

6.4. Termination by True North for Cause

Immediate termination with notice for material breach, fraud, misuse, insolvency.

6.5. Effect of Termination

Cease issuance/acceptance of Bonus Points immediately; remove branding within 7 days.

6.6. Point Expiry and Forfeiture

Bonus Points expire 1 year after transaction (both tiers) or per inactivity. Merchant not liable for expiry/forfeiture.

7. Intellectual Property

7.1. True North Marks

Owned by True North/affiliates; non-exclusive revocable license for promotion per guidelines.

7.2. Merchant Marks

Merchant grants True North non-exclusive revocable license for Program marketing.

8. Liability and Indemnity

8.1. No Warranty

Each party warrants compliance with applicable laws.

8.2. Merchant Liability

Responsible for goods/services quality/safety/delivery (incl. Bonus Points redemptions); True North not liable for disputes or Customer misuse.

8.3. Indemnity

Indemnity is reciprocal; each party indemnifies the other for claims arising from its own breach or negligence. Liability under this Agreement is limited to direct damages not exceeding fees paid/received in the prior 12 months.

9. Confidentiality

9.1. No disclosure

No disclosure. Confidentiality obligations are mutual and apply to both parties' information (incl. Program/Customer data) except law-required or consented.

10. Data Protection

10.1. Protect shared Customer data

Protect shared Customer data. Parties shall comply with PDPO, GDPR (where applicable), and equivalent laws (e.g., CCPA for U.S. data). Merchant may audit data usage annually; a data processing addendum shall be executed for cross-border transfers. True North owns Program data.

11. Governing Law and Dispute Resolution

11.1. Governing Law

Laws of Hong Kong. Parties may negotiate alternative governing law based on Merchant's jurisdiction.

11.2. Dispute Resolution

Good-faith negotiation; if unresolved in 30 days, mediation via a mutually agreed neutral mediator, followed by HKIAC arbitration in Hong Kong. English prevails. Alternative arbitration (e.g., AAA in the U.S.) may be agreed upon.

12. Force Majeure

12.1. No liability

No liability. For uncontrollable events (e.g., disasters, government actions) with prompt notice. Includes data breaches not due to negligence.

13. Miscellaneous

13.1. Amendments & Program Changes

True North may amend Agreement or modify/suspend/terminate Program (incl. rules/rates/expiry) with 30 days’ notice (60 days for materially adverse changes). Materially adverse changes (e.g., fee increases >10%) require mutual written consent. Continued participation = acceptance.

13.2. Assignment

No assignment without True North consent. Consent not to be unreasonably withheld.

13.3. Entire Agreement

Supersedes prior understandings.

13.4. Severability

Invalid provisions do not affect remainder.

13.5. Survival

Indemnity, confidentiality, data protection, IP, liability, governing law survive termination.

14. Contact Information

Email: whatsup@its-rewards.biz
Website: www.its-rewards.biz