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


                             6
   3   4   5   6   7   8   9   10   11   12   13