LeagueTreasurer provides support and tools for the collection, storage, and distribution of league funds for participants of private fantasy sports leagues (“Leagues”). LeagueTreasurer is owned and operated by RealTime Fantasy Sports, Inc. ("RTFS"). RTFS is the owner of a number of other fantasy sports services and contents via www.rtsports.com.

Use of LeagueTreasurer is subject to the RTFS Terms of Use (“Master Terms”). These Terms apply to your use of LeagueTreasurer (the “Site”). By using or accessing LeagueTreasurer or clicking to accept these Terms of Use ("Terms"), you accept and agree to these Terms and the Master Terms. Throughout these Terms, any user of the Site or Services may be referred to as “you”, “Member”, “user”, or “person”.

Upon joining LeagueTreasurer, users become members and gain access to certain administrator features such as creating leagues, membership management, storage of funds, and distribution of funds. Through the website, members also have access to league voting, message boards, online payment options, as well as oversight and transparency of all activities involving fantasy leagues, office pools, and other similar pastimes. All monies paid by members and Leagues, (the “Funds”), pursuant to these Terms shall be paid to and managed and distributed by LeagueTreasurer. Via the LeagueTreasurer website, members can view all of their LeagueTreasurer financial transactions. LeagueTreasurer offers multiple automated mechanisms to help Leagues manage and oversee their transactions. LeagueTreasurer also provides automatic payment reminders to Members who have a pending payment request.

Members choosing to use LeagueTreasurer for purposes other than described above may be in violation of these Terms, and subject to remedies, including those outlined in Section “Unauthorized Access”.
Specifically, but not limited to, Members may not use the LeagueTreasurer Services for the following purposes:

• As an aid to online gambling, as defined in the Unlawful Internet Gambling Enforcement Act of 2006.
• As an aid to offline gambling.
• Sale of goods or services.

By using this Site, or clicking to accept these Terms, you accept and agree to be bound by the Terms explained in this document. The use of this Site in a manner inconsistent with the descriptions in these Terms is prohibited. If you do not agree to the Terms, then you may not access or use the services of LeagueTreasurer.

In order to be eligible to use LeagueTreasurer, Members must be at least eighteen (18) years of age, and a resident of the United States or Canada. Members may use LeagueTreasurer for the purposes outlined in the Membership and Acceptable Use section of these Terms.
Members are eligible to use LeagueTreasurer only if their League and Members are compliant with the Unlawful Internet Gambling Enforcement Act of 2006 under the fantasy or simulation sports game provision, including:

• All prizes and awards offered to winning participants are established and made known to the participants in advance of the game or contest and their value is not determined by the number of participants or the amount of any fees paid by those participants.
• All Leagues that award prizes are sports simulation games ("fantasy games") where the outcome of the game is based on the skill of the participants in multiple real-world sporting events.
• Winning outcome may not be based on: 1) the score, spread, or any performance of any single real world team or any combination of such teams; or 2) solely on any single performance of an individual athlete in any single real-world sporting event.

Invitations

The Member who creates the League (“Treasurer”) can manage which individuals are allowed to join the League via League invitations to join the League. Treasurers can invite Members via email address or mobile phone numbers. Members who respond to the invitation will be notified of the League’s settings before joining or making League-related payments.

Payment Options

LeagueTreasurer is completely free to use for all Leagues. We do not take a percentage from the pot and will not charge any hidden fees upon payment into LeagueTreasurer or for payouts from LeagueTreasurer. LeagueTreasurer uses the Wallet feature within RTFS for managing Member funds. LeagueTreasurer (and the “Wallet”) currently support the following League payment options, completely free of charge:

• LeagueTreasurer or RTFS Wallet Balance Transfer - Funds you have in your Wallet can be used for LeagueTreasurer payments.
• Credit Card - Once your credit card is registered with the Site, you can easily pay for your LeagueTreasurer payments with your Credit Card. Note: there are no processing or convenience fees applied to LeagueTreasurer payments with your Credit Card.
• Bank Account - Once your bank account is registered with the Site, you can easily transfer funds from your bank account to pay for your LeagueTreasurer payments. Note: there are no processing or convenience fees applied to LeagueTreasurer transfers from your bank account.
• Check or Money Order - Contact Support for this option

League Members are not allowed to pay for other League Members. However, the Treasurer has the ability to adjust the amount of league fees each member owes. So, for example, if three League Members paid cash to the Treasurer for their league fees, the Treasurer could choose to zero out those three League Members entry fee amount and add their league fees into the amount he owes for league fees. Additionally, the Treasurer can pay for any League Member's league fees.

Payment Deadlines

LeagueTreasurer will determine a payment deadline date for each fantasy season (“Site Payment Deadline”). After this date, entry fee payments will be assessed a $10 late payment fee that is paid to LeagueTreasurer. The Site Payment Deadline is generally 3-4 weeks after the Fantasy Regular Season has started and cannot be changed by any Member or Treasurer of the League. Complete refunds of all League funds are available at any time, including for reasons associated with not all Members making payments before the Site Payment Deadline.
Treasurers may also choose to establish a payment deadline earlier than the Site Payment Deadline (“League Payment Deadline”). Treasurers may want to utilize this option to incentivize League Members to make their payments on time and prior to the Site Payment Deadline.

Late Payments

Treasurers have an option to assign a Late Payment Fee to Members that make their entry fee payment after the League Payment Deadline. This late fee will be clearly disclosed to the Treasurer during setup and to Members prior to any payment. LeagueTreasurer does not take any portion of this Late Payment Fee, 100% of it goes into the League’s available funds for distributing back to League Members.
As noted in the previous section, there are provisions for making payments or securing refunds after the Site Payment Deadline, please contact LeagueTreasurer Support for details.

Payout Rule

During League creation, the Treasurer will choose a payout rule (“Payout Rule”) for distributing League winnings at the end of the season. The Payout Rule is visible to every Member before they join or pay for their league and it cannot be changed once a non-Treasurer Member has made a payment. Every Member must agree to the Payout Rule in order to join the League and make a payment.
The three options for Payout Rule:

• Majority Approval: League funds are transferred when a majority of League Members have voted in favor of the Treasurer’s payout allocations.
• Treasurer Control: The Treasurer has full control of payout allocations and League funds will be transferred without Member review and as soon as the Treasurer has completed the allocations.
• Unanimous Approval:League funds are transferred only when ALL members approve the Treasurer’s payout allocation. Every Member must vote; if there is even one unresponsive or opposing Member, the distribution of League funds will be blocked.

Note: If there are indications of risk, fraud, criminal activity in a League, LeagueTreasurer may change the Payout Rule for any League at any time according to its discretion.

Abstentions

For the Payout Rules requiring Members to vote, the deadline for voting is clearly visible on the Site and in the voting notifications. If this deadline is missed, Members will be removed from the voting pool and lose their right to vote for the payout allocation. Thus, if the Payout Rule is Unanimous Approval with 8 of 10 voting for approval and 2 abstaining, after the deadline the voting pool would be 8 Members and the vote would pass with a unanimous 8 of 8 voting for approval. If the Payout Rule is Majority Approval in a 12 Member League and the votes are 5 approval, 4 reject, and 3 abstaining - after the deadline the voting pool would be 9 Members and the vote would pass 5-4.

Payment Timframe

Payments by Members into LeagueTreasurer typically occur during one of two phases of the applicable fantasy sports season:

• Preseason and beginning of Regular Season: Payments may be made at any time during the Preseason. Payments may be made until the League Payment Deadline for your particular league. Members may make payment past their League Payment Deadline if your Treasurer has enabled Late Payments and payments are made prior to the Site Payment Deadline for the applicable fantasy sports season. See the previous Payment Deadlines section for more details.
• Post-Season: Payments may be made once the fantasy Post-season has begun. These payments may be for things such as League transaction fees incurred during the regular season.

Treasurers and Members of Leagues should contact LeagueTreasurer Support to inquire about allowing payments at times other than defined above.

Payment Methods

LeagueTreasurer accepts payments via any of: 1) credit card, 2) bank transfer, 3) account balance transfer 4) check or money order. There are no processing or service fees associated with any of these methods.

Insufficient Funds, Reversals and Chargebacks

League Members agree that any monies lost due to payment from accounts with Insufficient Funds, or payments that are subsequently Reversed or Charged Back will be the responsibility of the League Member and the League to repay. Members will immediately have their service suspended and must then pay the original fee for service, plus an additional $25 processing fee to restart service. The loss in monies and processing fees to LeagueTreasurer will be subtracted from the League’s balance until such time as the lost monies and processing fees are repaid by the Member. If there is not enough balance in the League, the League will be suspended until payment is made.

LeagueTreasurer partners with some Fantasy League Hosting Services, such as RTSports.com, to allow integration of team owners, league fees, payments, and other information. The amount and exact integration is different and continually evolving for each hosting service. Depending on which hosting service you are using, you may see some of these features available. In some cases you can pay for your league hosting service with your LeagueTreasurer funds. There is no charge for this service, and LeagueTreasurer will ensure your payment is forwarded to the appropriate hosting service and your league is marked paid.

Payout Allocation

Once the fantasy regular season ends, Treasurers can begin allocating League winnings to Members. Winnings are transferred when the League’s Payout Rules are met.

In Leagues that require a vote, the voting period will begin immediately after the Treasurer submits the League’s payout allocation. All Leagues allow members to vote for seven (7) days. Once the voting period has expired, any non-voting Members will have an automatic abstention vote cast and the allocation will pass or fail based on the number of votes cast. Rules for abstentions can be found above in the Abstentions section.

Once any required voting has been completed, funds are transferred to Member accounts immediately.

If the necessary voting criteria are not met for an allocation, the allocation will not occur, and the Treasurer must create a new allocation. If this has not happened within 60 days of the end of the fantasy Regular Season, or the Treasurer does not initiate a fund allocation within 60 days of the end of the Regular Season, Members can contact customer support to make an allocation request. Once a majority of League Members approves this type of allocation, the funds will be transferred to Member accounts.

If the entire league's balance is not allocated for disbursement, the remaining balance will remain in the league's account and roll over to the league's next season.

Receiving Payouts

Monies held in Member accounts can be accessed at any time upon request. Member accounts and LeagueTreasurer accounts are different. All Members with a positive account balances can request a payout at any time using prompts on the Website. Members are not required to spend the balance in their account nor are they required to receive a payout. Account balances do not expire and may be spent on RealTime Fantasy Sports games or LeagueTreasurer payments at any time in the future.

Payout Methods

Members may use the balance in their accounts to purchase additional RealTime Fantasy Sports games or they may request a payout via check or direct deposit, payable in US Dollars. Direct Deposit payouts are free of charge. Payout via check will incur a $2.50 processing fee, automatically deducted from the payout total.

Refund Policy

LeagueTreasurer will refund entry fees upon request any time before the League Payment Deadline. Once the deadline has passed, refunds are not guaranteed and will be reviewed along with the League Treasurer on a case-by-case basis. Leagues that have a balance when they are disbanded will have their balance refunded to the League Treasurer.

Taxes

It is the responsibility of each Member to determine the applicability of any taxes that may be due as a result of participation in a League. LeagueTreasurer is not responsible for tax advice, calculation of taxes that may be due, or reporting tax data to any agency. This applies to all agencies and levels of government.

All monies deposited by Members and Leagues pursuant to these Terms will be managed and distributed according to these Terms and will be made directly to LeagueTreasurer. LeagueTreasurer will retain, manage and distribute all monies paid by Members and Leagues pursuant to and in accordance with these Terms.

Monies that are deposited by Members and Leagues to LeagueTreasurer, pursuant to these Terms, are owned by LeagueTreasurer. The monies owned by LeagueTreasurer can be pooled into one or more accounts or investments in the name of LeagueTreasurer and Member hereby authorizes LeagueTreasurer to use such discretion in the management of such monies. LeagueTreasurer’s pooling of funds paid by Members and Leagues will have no effect on Member or League account balances. All returns earned on the monies paid to LeagueTreasurer pursuant to these Terms will be the sole property of LeagueTreasurer. LeagueTreasurer will not pay any interest or earnings to any Member or League on any monies paid to LeagueTreasurer pursuant to these Terms.

Neither LeagueTreasurer, RTFS, nor any of its members, managers, officers, agents or employees shall be liable for any action taken or omitted to be taken by it or them under or in connection with its role as collateral agent except for its or their own gross negligence or willful misconduct. In its capacity as collateral agent, LeagueTreasurer is hereby authorized by Member to consult with legal counsel, independent public accountants and other experts selected by it and shall not be liable for any action taken or omitted to be taken in good faith by it in accordance with the advice of such counsel, accountants or experts.

Member further acknowledges that neither LeagueTreasurer nor any of its members, managers, officers, agents or employees (LeagueTreasurer Parties) shall incur any liability, and the Member will hold such LeagueTreasurer Parties harmless, under or in respect of these Terms by acting upon any notice, consent, certificate or other instrument or writing providing direction from Member, a Treasurer or a League and believed by any of the LeagueTreasurer Parties to be genuine or by acting upon any representation or warranty of the Member, Treasurer or League made or deemed to be made hereunder.

Participants wishing to register complaints regarding whether his or her account has been misallocated, compromised, or otherwise mishandled may do so using the following methods:

• Via form submission
• Via e-mail, 7 days a week, at support@rtsports.com
• Via phone, Monday through Friday 8:30 AM - 5:00 PM at 636-447-1170
• Via US Mail to 514 Earth City Plaza Suite 223 Earth City, MO 63045

Compliance with Unlawful Internet Gambling Enforcement Act of 2006

• LeagueTreasurer leagues are compliant with the Unlawful Internet Gambling Enforcement Act of 2006 under the fantasy or simulation sports game provision.
• LeagueTreasurer is provided as a service for the use, entertainment and enjoyment of its users, subscribers, participants and visitors. LeagueTreasurer is in no way encouraging or endorsing gambling, wagering or betting of any kind, whether legal or illegal.
• By agreeing to the Policies contained herein, any and all users, members, subscribers and participants agree to hold LeagueTreasurer and RealTime Fantasy Sports harmless for any action taken against them, whether legal or otherwise, for, or as a result of, gambling, wagering or betting of any kind.
• If you feel you have a gambling problem or need help controlling your gambling habits, contact the National Council on Problem Gambling at 1-800-522-4700 or visit their website at http://www.ncpgambling.org.

Account Verification

Members must create an account in order to participate in LeagueTreasurer. Members hereby agree to allow LeagueTreasurer to make inquiries necessary to validate your identity. LeagueTreasurer uses a third-party verification system to authenticate personal information. LeagueTreasurer reserves the right to close any account under suspicion of fraud or submission of invalid personal information.

Communication

Members agree that they may be contacted via electronic methods. Communication and notices sent via email, SMS text, and the website are considered to have been received within 24 hours of their delivery. Members may opt out of communications within marketing emails.

League Disputes

LeagueTreasurer is not responsible for mediating disputes whether between Treasurers and League Members or between League Members. If a dispute arises that cannot be resolved internally, LeagueTreasurer reserves the right to take any action it deems appropriate to try to solve the dispute.