Amateur Status contracts are contracts executed between a Certified Guardian and either a Certified Coach, Trainer or Academy.  A Guardian, upon the completion of an Amateur Status Contract, will begin a five year payment plan, one year from the conclusion of the calendar quarter from when services were provided. At the conclusion of 5 years a one time balloon payment may be made to reconcile a collective.

Note a 4% per year interest rate is applied to any outstanding collective. A collective may be paid off early with no pre-payment penalities.