Page 58 - Company Policy

court of proper jurisdiction and receive specific
approval to be an FBO on behalf of the minors.
3) A trustee or guardian shall retain the FBO
status so long as the Forever Business Owner
agreement is not violated, until the beneficiaries
have attained the age of majority, and an heir
accepts the responsibility of operating the Forever
Business with prior approval of the court.
4) A trustee, guardian, spouse or other
representative-type Forever Business Owner shall
be responsible for the actions of the beneficiary,
ward, or his/her spouse for purposes of following
the policy terms of the Forever Business Owner
agreement. A violation of Company Policies and
the Code of Professional Conduct by any of the
above individuals may result in termination of
the Forever Business.
5) The inheritable Forever Business position within
the Company Marketing Plan is limited to
recognition at no higher than that of Manager.
However, bonuses shall be paid at the same
levels and requirements as held by the deceased.
All Sponsored Managers belonging to the
Forever Business will be reclassified as Inherited
Managers, who can subsequently qualify as a
Sponsored Managers as outlined in Section
5.04(e). Forever Business positions below
Manager shall be inherited at that level.
18.03 Transfers Due to Divorce.
(a) During a pending divorce or negotiation of a
property settlement, the Company will continue to
disburse payments to the Forever Business Owner as
was done prior to the pending action.
(b) In the event of divorce or a legal separation, a legally
enforceable property settlement agreement may
decree the Forever Business be granted to one spouse
or the other. The Forever Business cannot, however,
be partitioned. Only one adult individual will be
entitled to retain the current downline of this Forever
Business. The other spouse may choose to establish
their own Forever Business at the same level of the
Marketing Plan as established with the ex-spouse.
Such other spouse must use the original sponsor. The
other spouse’s new Forever Business shall be treated
by the sponsor as Inherited until re-qualified.

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