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Perhaps you talk to the folks at NBDS and tell them you don't think it's working out, or you tell a prospective NBDS licensee that it's not all the NBDS business opportunity isn't all that NBDS claims it is, or maybe you decide to sue NBDS for a refund based on misrepresentation.

Here's what happens:

Your rights to continue operating as an NBDS licensee will be suspended and you will lose the right to transfer your license to somebody else.

Here's the exact wording of the National Bank Drafting Systems policy:

Licensee Suspension.

It is the policy of NBDS to suspend active Licensee’s privileges related to support and access to the Business Support System upon request or notification from a Licensee of:

1) their desire to discontinue their relationship with NBDS,

2) for failure to meet a financial obligation with NBDS,

3) a Licensee’s failure to act or conduct themselves in a trustworthy or upright manner regarding the sales or marketing of the NBDS services,

4) Licensee’s abuse or intentional negligence to or toward an NBDS employee,

5) willful or blatant misconduct or failure to abide by the terms and conditions of NBDS Licensee Policies and Procedures or the Licensee Agreement,

6) if a Licensee interferes with NBDS, Inc.’s business operations during the course of its normal course of solicitation for new Licensees,

7) if a Licensee, either through contact with other Licensees or Licensee Prospects, refers to NBDS, Inc. in derogatory terms with the intention of demeaning NBDS, its employees or method of operations or

8) if a Licensee begins or enacts legal action against NBDS as a corporation or one of its principals with an accusation of fraudulent or untrustworthy actions on the part of the corporation or its principals, or if a Licensee begins a class action of any kind against NBDS.

Suspension of a License removes all the rights and privileges of support and renders the License ineligible for Transfer.

Imagine if it worked the same way when you bought a car:

The manufacturer promises that the car would work properly. They even include a 5-year 50,000 mile warranty.

You have some problems and try to get service under the warranty, but they either don't provide the service or the car continues to have problems after repeated opportunities to fix the problem.

So maybe you escalate the problem to the manufactuer's regional office and tell them about your problems, or you tell people thinking about buying a car about the problems you had, or maybe you decide to sue the manufacturer for breach of warranty.

If the car manufacturers had rules like the ones imposed by National Bank Drafting Systems and you did any of the above, you would have to give the car back to the manufacturer.

Think about it. If anyone would like to start a class action lawsuit against NBDS contact me at user tlane3 at domain bellsouth.net

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Revision r1.2 - 14 Oct 2002 - 02:23 by TerriLane  Privacy Policy

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