AVISAE Legacy 300 Shares Program
Upcoming SlideShare
Loading in...5
×

Like this? Share it with your network

Share
Uploaded on

Avisae is proud to announce the Legacy 300 Shares Program. A generous and complimentary rewards program that recognizes IBOs who demonstrate an exemplary and enduring commitment to their Avisae......

Avisae is proud to announce the Legacy 300 Shares Program. A generous and complimentary rewards program that recognizes IBOs who demonstrate an exemplary and enduring commitment to their Avisae Independent Business and thus leave a legacy for the many who will look to them as examples of consistency, leadership, and success. Avisae will allocate 1% of its annual commissionable volume
to a revenue pool that will be divided among Legacy 300 Shares Program “share holders” on an annual basis. Allocation of shares will be based upon the enrollment of Star-Plus IBOs and/or those who maintain a minimum of 300PV or more in monthly Personal Sales Volume (PV). Continuing participation in the program is contingent
upon participants remaining active (maintain monthly 100PV Loyalty. Order or maintain a monthly minimum of 150PV).

More in: Business
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
No Downloads

Views

Total Views
242
On Slideshare
242
From Embeds
0
Number of Embeds
0

Actions

Shares
Downloads
3
Comments
0
Likes
1

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. LE 300 ES Y 300 SHA AC R G Legacy 300 Shares Program Rewarding a Legacy of Commitment and Excellence Avisae is proud to announce the Legacy 300 Shares Program—a generous and complimentary rewards program that recognizes IBOs who demonstrate an exemplary and enduring commitment to their Avisae Independent Business and thus leave a legacy for the many who will look to them as examples of consistency, leadership, and success. Avisae will allocate 1% of its annual commissionable volume to a revenue pool that will be divided among Legacy 300 Shares Program “share holders” on an annual basis. Allocation of shares will be based upon the enrollment of Star-Plus IBOs and/or those who maintain a minimum of 300PV or more in monthly Personal Sales Volume (PV). Continuing participation in the program is contingent upon participants remaining active (maintain monthly 100PV Loyalty Order or maintain a monthly minimum of 150PV). The program allocates two types of shares: Legacy 300 “Revenue” Shares (Perpetual) and Legacy 300 “Sales” Shares (Annual). Legacy 300 Revenue Shares are awarded to those IBOs who enroll as a Star-Plus IBO and who enroll other Star-Plus IBOs. These shares will remain in perpetuity and will be redeemed on an annual basis as long as the IBO remains active. Legacy 300 Sales Shares are incrementally awarded to those IBOs who achieve 300PV or more in monthly Personal Sales Volume and who remain active. These shares are redeemed annually and reset to zero (0) upon redemption. The following tables describe how shares are allocated: Perpetual Legacy 300 “Revenue” Shares Qualifying Action* Shares Earned Annual Legacy 300 “Sales” Shares Qualifying Action* Enroll as a Star-Plus IBO 1 First 300PV+ in one month Enroll Three (3) Star-Plus IBOs 1 Additional Monthly 100PV Increments Each Personally Enrolled Star-Plus IBO over first 3 1/each Shares Earned 1 .5/each *All personally enrolled Star-Plus IBOs must maintain a minimum 100PV Loyalty Order for six (6) months in order for “granted” personal Star-Plus IBO shares (Legacy 300 Revenue shares) to become “earned” shares. As Avisae expands its presence across the globe and significantly grows its annual commissionable sales volume, the Legacy 300 Shares Program will award its participating IBOs in a commensurate way—with significant generosity and reward. Choose to BECOME part of the Legacy 300 and Founder’s Shares Programs and LEAVE A LEGACY TODAY!
  • 2. LE 300 ES Y 300 SHA AC R G Legacy 300 Shares Program Rules for Earning and Forfeiting Legacy 300 Shares A. Definitions: 1. “Active” status – to be designated active during any commission month, an IBO must process a Loyalty Order of 100 PV or more, or generate 150 PV or more. 2. “Granted” shares – these are Revenue shares that have not been earned or vested. They vest or become “earned” only after one’s enrollee associated with the share maintains any six months of 100PV or more Loyalty Orders or any six months of 150PV or more orders within 24 months of their enrollment. 3. “Earned” shares – these shares are used to determine one’s Legacy 300 Share Program earnings at the end of any calendar year. They are considered fully vested or “earned” and can be either “Revenue” or “Sales” shares. 4. Perpetual “Revenue” shares – shares that are earned by becoming a Star-Plus IBO and enrolling other Star-Plus IBOs. These shares become perpetual in that they are preserved and accumulate from calendar year to calendar year – conditioned upon one’s maintaining applicable qualification requirements. 5. Annual “Sales” shares – shares that are earned through generation of personal sales volume (PV) and which flush after being paid on at the end of each calendar year. 6. Legacy 300 Shares – all shares that are not designated “Founder” shares and which are paid from the Legacy 300 Pool 7. Legacy Founder Shares – These are a special designation of shares that will be paid from the Legacy Founder’s Pool. 8. Legacy 300 Pool – this pool represents 1% of annual global commissionable Tier 1 volume. 9. Legacy Founder’s Pool – this pool represents .5% of annual global commissionable Tier 1 volume. 8. If an IBO earns twelve (12) Sales shares in a calendar year, they will be awarded one (1) “Revenue” share. For each additional six (6) “Sales” shares earned above the initial 12 Sales shares earned, they will be awarded one (1) additional “Revenue” share. C. How “Sales” Shares are Earned: 1. Sales shares may be “earned” by any status level of IBO. 2. For an IBO’s first 300 PV generated during a given commission period, one (1) “Sales” share is earned. For all additional PV generated during the same commission period and in increments of 100PV above the initial 300PV, an additional ½ Sales share is earned. Example: If an IBO generates 550 PV during a particular commission period, they would earn one (1) “Sales” share for the first 300 PV and ½ share for each of the two additional 100 PV increments – for a total of two (2) “Sales” shares. 3. Sales shares accumulate on an annual calendar basis (JanDec), are paid with December commissions on January 15th, and are then flushed. A new set of “Sales” shares then begin to accumulate for the new calendar year. 4. If an IBO earns twelve (12) Sales shares in a calendar year, they will be awarded one (1) “Revenue” share. For each additional six (6) “Sales” shares earned above the initial 12 Sales shares earned, they will be awarded one (1) additional “Revenue” share. D. How “Founder’s” Shares are Earned: 1. All IBOs who maintain a minimum of 300 PV for any eighteen (18) consecutive months will be awarded one (1) Founder share. Additional Founder Shares may be earned unlimited times by repeating this requirement. B. How “Revenue” Shares are Granted and Earned: 1. Revenue shares may be earned/granted by any status level of IBO. 2. When a new enrollee enrolls as a Star-Plus IBO, he/she “earns” one (1) Revenue share. 3. As an enroller, one is “granted” one (1) Revenue share upon the completion of enrolling their first three (3) Star-Plus IBOs. 4. As enroller, one is “granted” one (1) additional Revenue share for each Star-Plus IBO he/she enrolls after their first three (3) Star-Plus IBO enrollments (see #3 above). 5. Referring to #3 and #4 above, in order for “granted” shares to become “earned” shares, enrollee must maintain “active” status for any six (6) months (they do not need to be consecutive). After six (6) qualifying months, these shares become fully vested and are now “earned” shares, and will now display as “earned” and not “granted” shares in one’s Back Office. In the case of #3 above, all three Star-Plus IBOs must be active for six (6) months in order for the granted share to become “earned.” 6. Granted shares will be forfeited if they are not “earned” within 24 months of their being granted. 7. Revenue shares accumulate on an annual basis from calendar year to calendar year (Jan-Dec), and do not flush at year-end like Sales shares. E. How Revenue, Sales, and Founders Shares are Forfeited: 1. If an IBO misses any month of “active” status during a calendar year they will forfeit one-third (1/3) of all existing “earned” shares – earned Sales, Revenue, and Founder shares. 2. If an IBO misses a subsequent and second month of “active” status in the same calendar year they will forfeit one-half (1/2) of all existing earned shares. 3. If an IBO misses a third month of “active” status in the same calendar year they will forfeit all existing earned shares. 4. At the beginning of each calendar year, the penalties applied to forfeited shares reset. In other words, the first forfeiture in a new calendar year will always be 1/3 of shares forfeited, never 1/2 or all. F. How shares are paid out at year end: 1. All shares will be paid out with the December commission payment (January 15th) of each year as follows: a. All “earned” Legacy 300 shares will be paid from the Legacy 300 Pool (1% Global Commissionable Volume) b. All “earned” Legacy Founder shares will be paid from the Legacy Founder’s Pool (1/2% Global Commissionable Volume).