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This is a release form that must be signed by the customer. It serves as a signature on file for credit card charges, which protects the creditor from charge-backs (i.e., customer disputes). Submitter Gloria Ego says that it was challenged once and they prevailed because of that document.
This should serve as a good starting point for getting protection if you need to charge a customer's credit card on a routine basis.
Modest modifications are needed to make this applicable for your company. As always, check with an attorney prior to implementing a new contract or procedure.
Note from submitter:
"This was previously reviewed by our attorney upon creation. It is pretty user-friendly. We do not, however, require a personal guarantee on file for all credit card users as indicated; it is a clause used for extra leverage if the customer is desperate to pay with credit cards (frequent flyer miles, etc.). Hey, we will take any additional protection we can get."
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