Page 8 - Company Policy
P. 8
Any Indian resident, 18 years of age or older, whose name
appears on a Forever Business Owner Application that has
been accepted by the Company, having purchased 2 Case
Credits within two consecutive months in any single Operating
Company, is Wholesale Qualified (purchase products at the
wholesale price) to receive a 30% discount from retail; and also
qualifies for a personal bonus from 5% to 18% of retail, for
personal purchases, depending on his/her level within the Forever
Marketing Plan. Wholesale qualified Forever Business Owners
purchase products directly from the Company or the Designated
Distributor at prices not exceeding the published wholesale
price + taxes recommended by the Company in accordance with
the FLP Marketing Plan. The term “Forever Business” shall be
construed in light of the definition of ‘Forever Business Owner’
contained in this section.
st
Gem Manager: a Manager who has developed at least 9, 1
Generation Sponsored Recognized Managers.
Home Country: the country in which the Forever Business
Owner nominates and resides for a majority of time. It is in this
country that the FBO must qualify to receive his/her Activity
Waiver for all other FLP countries.
Incentive Shares: The total case credits generated, in accordance
with the Chairman’s Bonus rules that are used to determine the
Forever Business Owner’s share of the bonus pool.
Inherited Manager: (see 5.04)
Leadership Bonus (LB) Qualified: a Recognized Manager who
has qualified to receive Leadership Bonus for the Month. (see
6.02)
Month: a calendar month (i.e., Jan 1 through Jan 31).
Maximum Retail Price (MRP): Maximum Retail Price is the
maximum price (including taxes) at which the product can be
sold by an FBO to the retail customer.
Novus Customer: One whose application has been accepted by
the Company, entitling him /her to the Novus Customer Price
of 15% discount from Bonus Recap Price and who has not yet
purchased, within any two consecutive months, 2 Case Credits
worth of product making them Wholesale Qualified.
st
(With effect from 1 April 2015, the term ‘New Distributor’ be
replaced with the term ‘Novus Customer’, for the purpose of legal
as well as contractual requisites and for all references made towards
any individual operating an independent business with the Forever
Living Marketing Plan. The term Novus Customer has come in force
for all prior contractually binding clauses in the company policy as
well as the Distributor Application Forms signed by the individual
as a ‘New Distributor’. All other obligations to this reference will
remain the same.)
Novus Customer Price (NCP): The price (not including local
taxes) at which the products are sold to Novus Customers and
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