MEMBERSHIP REQUEST

Thank you for your interest in becoming a Member of AltCap Lending Network. In order to receive additional information on the details and advantages of membership, including our Membership Overview and Member Compensation Plan, please complete the form below.

AltCap Lending Network – Membership Request

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Confidentiality Agreement

This Confidentiality Agreement is made between AltCap Lending Network, LLC, an Illinois limited liability company (“Company”) and Receiving Party (User Submitting Membership Request).


1. Receiving Party desires to receive Confidential Information (as defined below) from the Company for the limited purpose of evaluating the suitability of entering into an independent contractor relationship with the Company (the "Agreed Purpose").


2. "Confidential Information" means all information, knowledge, know-how, systems, software, Compensation Plan (as defined below), or data regardless of form (whether written, oral, photographic, electronic, magnetic, computer or otherwise) treated or designated by the Company as confidential or proprietary.  


3. Receiving Party shall keep in confidence and shall use the Confidential Information of the Company only for the Agreed Purpose.  Receiving Party shall not disclose the Confidential Information of the Company to any third party.  Upon request by the Company, Receiving Party shall return and/or destroy all Confidential Information furnished hereunder (including notes, copies, summaries, or extracts thereof); provided that, Receiving Party may retain one copy of Confidential Information in its legal files, in a reasonably secure location under a standard of care not less than Receiving Party uses for its own Confidential Information, solely for the purpose of determining its continuing obligations under this Agreement.


4. The obligations of Receiving Party set forth in the preceding paragraph shall not apply to information which: (a) Receiving Party can demonstrate was in its possession without obligation of confidentiality prior to receipt from the Company; or (b) is at the time of disclosure or becomes, through no fault of Receiving Party, publicly known; or (c) Receiving Party can demonstrate was furnished to it by a third party without breach of a duty to the Company; or (d) Receiving Party can demonstrate was independently developed by them without use of the Confidential Information of the Company; or (e) Receiving Party is required by law or by order of a court or other governmental agency to disclose so long as Receiving Party notifies the Company in writing of the requirement to disclose prior to such disclosure in order to allow the Company a reasonable opportunity to seek an appropriate protective order or other means to protect the confidentiality of such Confidential Information.

5. The obligations of the parties under this Agreement are indefinite.


6. Each party hereto represents that it has the authority to enter into this Agreement.  The Company represents that it has the right to disclose its Confidential Information in accordance with the terms set forth herein. Except as set forth above, the Company makes no warranty, expressed or implied, with respect to information delivered hereunder, and shall not incur any responsibility or obligation whatsoever to Receiving Party by reason of any Confidential Information.  Company retains all legal rights with respect to the Confidential Information, and no right or license under any patent application, patent, copyright, trade secret, or other proprietary or ownership right is granted hereunder by implication or otherwise. The parties acknowledge and agree that neither party has any obligation to enter into any further agreement or business relationship with the other party in connection with the Confidential Information disclosed hereunder.

7. This Agreement contains the full and complete understanding of the parties with respect to the subject matter hereof and supersedes all prior representations and understandings, whether oral or written.  This Agreement may not be amended, modified, or released except by a written instrument signed by each of the parties hereto.  No failure or delay in exercising any rights hereunder shall operate as a waiver thereof, nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right hereunder.  If any provision of this Agreement is found to be unenforceable, the remainder shall be enforced as fully as possible and the unenforceable provision shall be deemed modified to the limited extent required to permit its enforcement in a manner most closely approximating the intention of the parties as expressed.  This Agreement shall be governed by and interpreted in accordance with the laws of the State of Illinois, without giving effect to conflict of law rules.


8. Without the prior written consent of the other party, neither party shall publicly announce or disclose the existence of this Agreement or its terms, or the fact that the parties are discussing a possible business relationship or are engaged in a business relationship, except as required by law or by order of a court or other governmental agency and then only after notifying the other party in writing of the requirement to disclose prior to such disclosure in order to allow the other party a reasonable opportunity to seek an appropriate protective order or other means to protect the confidentiality of its Confidential Information.

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the day and year first above written.


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