PSL Membership Purchase Terms

These terms record the PSL Membership business rules approved by Educational Partnerships to Impact Children, Inc. (EPIC) as issuer: how many memberships exist, who may hold one, what a membership carries, how a membership is purchased from EPIC, how a membership may be transferred between eligible holders, how money moves, and what a membership is not. Anything not stated here has not been decided.

The canonical series consists of exactly 100 individually numbered PSL Memberships. Each membership is whole and indivisible: there is no fractional ownership, no sub-unit, no serial inside a membership, and no parent-and-unit structure. The total is fixed and no additional membership will ever be created.

Records, payments, acceptances, and ownership histories created under earlier versions of these terms are preserved unchanged and continue to be governed by the version accepted at the time.

A PSL Membership is not an investment contract, security, note, share, stock, partnership interest, equity, franchise, business opportunity, or loan. It confers no corporate voting rights, no governance rights, no board election rights, no control of EPIC, no ownership of EPIC assets, and no right to the income or assets of the nonprofit.

No grant award, advertising result, customer, income, resale, liquidity, appreciation, redemption, or repurchase is guaranteed. A resale market existing does not imply that any membership can be sold, or sold at any particular price.

A PSL Membership purchase is not, by default, a charitable donation and no charitable deduction is represented. Donations to EPIC are a separate pathway. EPIC sponsorship is a separate program with its own terms, pricing, inventory, and records, and member advertising carried by a PSL Membership is never sponsorship.

There is no free membership, no free member tier, and no separate no-cost enrollment. EPIC Member status arises only from holding at least one active PSL Membership. Any earlier free or no-cost membership presentation is retired.

A PSL Membership is purchased once for the published price and carries continuing participation for the operating life of the program. There is no annual renewal, no expiry date, and no recurring charge. EPIC may wind down, suspend, or modify the program under the applicable program rules.

Initial issuance of canonical position n is priced by formula at 25.00 multiplied by 1.05 raised to the power of (n minus 1). The price is calculated at full precision directly from the 25.00 base and the position number, and rounding to cents is applied once, to the amount charged. A price is never derived by multiplying a previously rounded price.

The price charged is calculated by EPIC's servers at checkout from EPIC's own records. A price, a position number, or a paid status supplied by a browser is never trusted or accepted.

Only a successfully verified initial issuance advances the position sequence and the price curve. A failed, declined, cancelled, expired, or abandoned checkout never consumes a position and never advances the price. Secondary transfers and EPIC Treasury resales do not advance the primary curve.

A holder must be at least 18 years old and must purchase through EPIC's payment provider, which verifies the payer's payment identity. EPIC may additionally require identity verification before benefits, listings, transfers, or payouts are released. Eligible adults anywhere in the United States may purchase and hold available PSL Memberships. Business ownership and Community Partner status are not required. Eligible businesses and organizations may hold memberships in their legal names through a verified authorized representative who certifies authority to act. A parent or legal guardian purchases and holds while identifying a minor as the intended beneficiary; the minor does not become the direct contractual holder.

No more than 5 PSL Memberships may be held, directly or indirectly, by any single beneficial owner or group of persons under common control. Related accounts under common control are counted together, and the limit is enforced inside EPIC's authoritative transaction records, not merely in the interface.

Holding at least one active PSL Membership makes the holder an EPIC Member. Each eligible membership carries one standard Football's Greatest Bears member-advertising entitlement, one eligible business or cause designation opportunity under the current 50/50 program rules, and one PSL-based grant eligibility opportunity. Entitlements are counted per membership, never per account and never per dollar spent, and may scale with the number of memberships held subject to the limit of 5.

A grant eligibility opportunity is not a grant award. Grant activity remains subject to available funds, applicable eligibility rules, approval, grant holding periods, cooling periods, and the one-open-request rule.

Members manage their profile, memberships, advertising, 50/50 activity, grants, marketplace activity, transactions, and settings in My EPIC.

A purchase requires a signed-in EPIC account, an eligible holder record, and explicit acceptance of this exact version of these terms. The accepted version and the time of acceptance are recorded with the transaction.

At checkout EPIC selects and locks the lowest available position that has never been issued, calculates the authoritative price, and creates the payment order for exactly that amount in United States dollars. Ownership is assigned only after EPIC independently verifies the payment status, amount, and currency with the payment provider.

A reservation is not a sale and is not presented as completed issuance. A reservation that is not paid within its window lapses and the position returns to availability. Retried checkouts are recognized by an idempotency key and can never issue the same membership twice.

Positions PSL-001, PSL-002, and PSL-003 are already accounted for and can never be reissued. PSL-001 is EPIC's own administrative position and carries no purchase payment.

A PSL Membership may be transferred only to another eligible holder, only through EPIC's own PSL Membership Marketplace, and only as a whole membership. Private transfers, off-platform sales, pledges, and assignments are not recognized and have no effect on the ownership record.

The only approved resale method is a fixed-price listing at a price the seller sets. There is no minimum resale price, no required appreciation over the seller's basis, and no valuation published or endorsed by EPIC. Auctions, bidding, and named-buyer private sales are not offered. A membership may be listed only after the 30-day resale holding period following its acquisition, and only one active listing or open transfer may exist for a membership at a time.

A transfer changes the holder of an existing membership. It never creates another membership and never changes the fixed total of 100.

The buyer pays EPIC. On each completed marketplace transfer the seller pays EPIC a marketplace fee of 10 percent of the transfer price plus the actual payment-processing cost of that transaction. EPIC records a transaction-specific payable to the seller and pays that payable; EPIC does not hold balances on a holder's behalf. The standard payout hold is 7 days after settlement, and EPIC may extend a hold for risk review or an open dispute.

The Membership Grant Pool receives 1 percent of the transfer-fee revenue EPIC actually receives on a completed transfer, and 1 percent of the amount EPIC actually receives from a 50/50 transaction. On a 1,000.00 transfer, EPIC's 10 percent fee is 100.00 and the pool contribution is 1.00. Player and community-beneficiary 50/50 shares are never reduced to fund the pool.

A primary sale does not create a fixed matching contribution and does not by itself contribute to the Membership Grant Pool. A refund, reversal, or correction reverses the related pool contribution exactly once.

Grant eligibility is per PSL Membership and a grant award is never guaranteed. An award may not exceed the available, uncommitted pool or the applicable administrative limit.

A membership acquired through a paid secondary transfer enters a 30-day grant-only hold and cannot open a grant request until that hold ends; advertising and 50/50 participation are not held merely because a grant hold is running. After an award, that membership enters a 60-day cooling period. Only one open, pending, or approved-unpaid request may exist per membership at a time. Membership seniority may be used only as an approved tie-break where applicable.

Recognized exceptions to the paid-secondary grant hold are the EPIC administrative position, the historical reconciliation of PSL-002 and PSL-003, bona fide inheritance, qualifying entity succession, and administrative correction where not abusive.

Ownership survives the holder. A holder may designate a successor, subject to EPIC account, identity, eligibility, and beneficial-control requirements. A successor designation does not itself transfer ownership and gives the named person no rights while the holder is living or the entity exists.

On death or dissolution, up to 180 days are allowed for estate or successor administration. The holder or the estate retains ownership until a valid transfer is completed and recorded by EPIC. A bona fide inheritance or qualifying entity succession is not a sale and carries no marketplace transaction fee.

EPIC may suspend benefits, listings, transfers, payouts, or marketplace access for a breach of these terms. The normal process is written notice followed by a 15-day cure period.

EPIC may suspend immediately, without the cure period, for serious fraud, illegality, security risk, harm to people or the program, or evasion of these terms, including circumvention of the ownership limit.

Ownership of a PSL Membership is not confiscated merely because benefits are suspended, and there is no automatic forfeiture. A holder receives one internal appeal, reviewed by a different reviewer when practical.

A holder may ask EPIC to consider an offer for a membership. Any repurchase is entirely at EPIC's discretion, depends on available funds, and is never a promise, a standing offer, a redemption right, a buy-back guarantee, or a liquidity commitment.

A membership EPIC repurchases becomes an EPIC Treasury membership. It stays inside the fixed total of 100, keeps its own number, never becomes a new position, and receives no external member benefits while EPIC holds it. EPIC may resell a Treasury membership through the marketplace at an open, seller-set price, and such a resale does not advance the primary issuance price curve.

Transfers are final except in cases of fraud, unauthorized or duplicate payment, technical failure, a payment provider reversal, or a confirmed error. While a dispute is open, the affected membership and any unpaid proceeds are frozen.

A reversal is recorded as a compensating, append-only event. History is never rewritten. A legitimate primary reversal returns the membership to availability and records the reversal.

Public registry visibility defaults to the membership number followed by Private Member unless the holder affirmatively elects public identification. Contact details, payout information, banking information, successor private details, identity-verification documents, and payment credentials are never published.

EPIC records the transaction amount, fee, processing cost, net proceeds, parties, membership number, and accepted terms version for each transaction. A seller may be required to provide tax information before a payout is released, and EPIC may be required to report proceeds to tax authorities.

Each version of these terms carries an immutable identifier. The identifier of this version is EPIC-PSL-PURCHASE-TERMS-2026-09-E. A purchase or transfer is accepted only against the exact version presented at that time, and that acceptance is recorded with the transaction together with the content fingerprint of the version accepted.

Versions EPIC-PSL-PURCHASE-TERMS-2026-08-A, EPIC-PSL-PURCHASE-TERMS-2026-08-B, EPIC-PSL-PURCHASE-TERMS-2026-08-C, and EPIC-PSL-PURCHASE-TERMS-2026-08-D are preserved unchanged as history and continue to govern anything accepted under them.

Questions can be sent through the EPIC Communities contact page. Program information is published on the PSL Memberships page.