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ROYALTY Marketing’s Independent Distributorship Agreement
Terms and Conditions
A person of legal age, 18 years and above, corporation, partnership, or any legal entity can apply for as a ROYALTY Marketing independent member and distributor.
To be an independent member and distributor of ROYALTY Marketing, an individual or company, shall purchase a Registration Kit from the company. Afterwhich, he/she is entitled to product discounts and is allowed to engage in the distribution of company products to which he/she can earn corresponding income and incentives based on his/her personal and group sales performance.
A newly registered distributor needs to have a basic understanding of the business through attendance to the company’s Business Orientation (BsO) conducted on schedule at the head office or at any accredited business center. He/she can also ask the assistance of his/her sponsor or upline for a personal presentation.
In order to earn the income potential presented by the company, each registered Distributor must make monthly purchases. In case a Distributor fails to make his/her monthly maintenance purchase, the income entitled to him/her in the income line-up will automatically be passed up to his/her immediate upline. The company rule applies - No Monthly Purchase, No Monthly Income.
Upon sign-in, each Distributor is required to purchase (via automatic income deduction) an exclusive Cash Card for Pay-out– where Distributors can automatically withdraw their credited earnings without the need for system request.
As an independent member and distributor, I hereby allow the company to automatically deduct from my income and similar incentives, the applicable amount required by law as per Bureau of Internal Revenue (BIR) Withholding Tax requirements.
The company shall not be held liable for any loss of income caused by any lost or stolen company-issued cash card. In case of loss, please report immediately to the company for re-issuance of a new cash card subject to applicable fees.
An investor to the company (specifically referred herein as Stockist) shall enter a separate Agreement with the company and be entitled to incentives and special privileges apart from his/her personal and group sales income.
There exists no employer-employee relationship between ROYALTY Marketing and its independent members and distributors.
For the benefit of its existence, ROYALTY Marketing reserves the right to improve, revise and update its present policies and business plan, without prior notice to its distributors.
That the company shall not allow any form of Assignment or Transfer of Ownership of one’s distributorship to another name or entity.
That the company accepts no responsibility for any claims and misrepresentations made by its registered members and distributors.
An independent distributor of ROYALTY Marketing shall strive to maintain his/her membership in good standing by not joining other companies which engage in the same nature of business or similar line of products and/or not inciting other Distributors specifically company Stockists to do the same.
ROYALTY Marketing reserves the right to suspend, impose disciplinary action or terminate the independent distributorship and membership of anyone whose action/s have proven to be malicious and detrimental to the interest of the company and/or its distributors in general. The Company therefore, reserves the right to forfeit commissions earned by the concerned distributor/s under such conditions.
Copyright © 2011 Royalty Marketing. All rights reserved.