Atmanirbhar Success Plan

CODE OF ETHICS 14 Separation 13 Marriage b. In situations where two independent existing distributors marry each other, upon marriage both of them are deemed to have surrendered their distributorship.The distributors who are married to each other, shall separately intimate to the Company about their marriage within 30 days from the date of their marriage. Subject to conditions of other sub-clauses of this clause one amongst them ought to resign within 30 days from the date of marriage, failing which distributorship of both distributors shall be cancelled. Original downline structure of the distributor who resigns for reasons of marriage in terms of this sub-clause shall remain unchanged. However, to maintain relationship with the Company and to conduct Vestige business, the Couple may form a 'partnership rm' in lines of the model 'deed of partnership' prescribed by the Company for the purposes of common distributorship, and submit the same under cover of a joint application seeking distributorship for such 'partnership rm' within 30 days of their marriage.This partnership will replace the distributorship of the distributor who does not resign and the Structure will remain unchanged. c. Upon marriage amongst two existing distributors and they being given ‘partnership’ (irrespective of their cadre / level), they shall have a joint bank account and inform such particulars to the Company within 60 days from the date of marriage.The Company upon receipt of such intimation shall credit payouts / bonus earned by the ‘partnership’ in such account. If the account is not opened, no Bonus will be paid out by the Company and the Partnership rm will have no lien on the Bonus earned for the period. However, this sub-rule will not be made applicable for distributor couples who are both Star Directors and Car Fund Achievers unless of course they want such an arrangement. a. The Company treats wife and husband as one single unit for the purposes of distributorship. d. If both distributors are Star Directors and Car Fund Achievers, then their individual distributorships may separately be retained at P O L I C I E S / R U L E S + R E G U L A T I O N S In case of divorce amongst couples having distributorship through 'partnership rms' formed as aforesaid, bene ts of distributorship and the distributorship itself shall be apportioned or transferred as the case may be in terms of the 'deed of partnership'. Such changes in distributorship of the 'partnership rm' shall be caused by the Company only on completion of 90 days after receipt of the 'decree of divorce' granted by a competent court.The distributorship of the partnership rm of the couple shall be put under suspension with effect from the date of commencement of divorce proceedings between the couple and during pendency of divorce proceedings, the Company in its discretion, may as a special arrangement, allow (without insisting upon lapse cooling period) both parties do Vestige business separately as freshly appointed distributors. After the judgment of the court, the suspension of the spouse in whose name the court has approved for distributorship to be continued, can continue as a distributor, and the partnership will stand dissolved. In case the judgment is silent on the issue, the distributorship under partnership will stand terminated. In cases where a married couple is distributor and co-distributor and any of them les a petition for divorce, the Company shall only consider the distributor as its principal distributor and no rights shall accrue to the co-distributor except when a decision is taken on the issue of succession of distributorship by an appropriate court (whether interim or nal). However, this shall be subject to a nal decision by the Company. e. Incase such couple does not form any ‘partnership rm’ within 30 days from their date of marriage or either of them does not inform factum of their marriage to the Company, the Company reserves the right to cause appropriate changes in their downline / network and merge their business(s) of two distributorships into one with conditions as may be deemed appropriate to the Company and/or cancel distributorship of one or both as per its discretion. original status. However, one amongst the two may resign from distributorship / Star Directorship and the couple may apply for a single distributorship through "partnership" (comprising both of them as partners).This partnership will replace the distributorship of the distributor who does not resign and the Structure will remain unchanged. In such cases, original downline structure of the distributor who resigns for reasons of marriage in terms of this sub-clause shall remain unchanged. Even in this case both of them shall separately intimate the Company about their marriage within 30 days from the date of their marriage. In such cases the person cannot have any claim whatsoever over the downline(s)/business he/she had prior to reapplication for distributorship. b. In case a distributor resigns for certain unforeseen circumstances, subject to Company's satisfaction, he/she may transfer the distributorship to his/her blood relative only (proper proof and documentation required). d. Distributorship may be cancelled/terminated, declared unclaimed or suspended by the Company for the reasons mentioned in the Company's Policies/Rules and Regulations. c. Distributorship in ordinary circumstances expires upon death or proven incapacity of the distributor. However, nominee of the deceased upon evincing interest to succeed distributorship may be allowed by the Company. In cases where the nominee does not come forward till 3 months from the date of death or incapacitation of the original distributor as the case may be, successor of the deceased upon submitting appropriate documentation and evincing interest to succeed distributorship may be allowed by the Company. However, under no circumstances such distributorship will be entertained after 6 months from the date of death or knowledge of incapacitation of the distributor either from nominee or successor. (ii) Any distributor who is a Star Director or above, after resigning/termination, can apply to the Company for a fresh distributorship only after a cooling-off period of two years and six months.The fresh distributorship may be granted by the Company after reviewing the application. However new id if taken under Family*, must be in the same line of Sponsorship. If any Distributor takes a fresh ID after an inactivity period of twelve months, then their rst ID will be treated as invalid. a. (i) Any distributor, up to the level of Gold Director, may resign from distributorship by submitting an application and required documents. Acknowledgment of receipt of such communication constitutes resignation. A person who resigns or whose distributorship is cancelled/ terminated may reapply for distributorship only after lapse of a period of twelve months (cooling period) from the date of resignation / cancellation of his/ her last distributorship. b. Any waiver by the Company can and shall only be affected in writing by authorised personnel of the Company. c. The Company reserves all rights to take all decisions which it feels are necessary to protect the best interests of its distributors, customers and its business including decisions concerning implementation of this Business Plan.The Company's decision in this regard shall be nal. a. The failure of the Company to exercise any rights stated in the Company Rules and Regulations or in the Distributor Application Agreement shall not constitute a waiver of the Company's rights to demand exact compliance therewith. Waiver 15 12 Expiry/Cancellation/Resignation/ Succession of Distributorship a. Incur any liabilities or Debt in the name or on behalf of the Company. A distributor shall not b. Enter into, modify or alter any contract in the name of the Company. c. Engage itself or show interest directly/indirectly as agent, servant or licensee for sale of any product/ goods other than those of the Company, in any trade, business or profession in competition with the Company. Glossary of terms PV : Point Value, determines % level of achievement. GPV : Group Point Value is the business generated by your entire group. PGPV : Personal Group Point Value is the business of your entire group and does not include the business of Director group. *Family : Grand parents/parents/self CPV : Cumulative Point Value is the business accumulated by your group. SP : Self Purchase Prohibited Act 16