The document summarizes mynt's compensation plan for brand promoters. There are 7 ways to earn income, including direct sales bonuses, preferred customer bonuses, team bonuses, executive check match bonuses, rank advancement rewards, leadership bonuses, and region bonus pools. Brand promoters can build their business through retail sales and preferred customers to qualify for bonuses based on sales volumes and organization ranks. Higher ranks unlock additional rewards and eligibility to earn bonuses on wider parts of the downline organization.
It works Executive Rank Chart. Are you ready to increase your income?
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It works executive rank chart
1. Executive $309 / Month* Requirements: 2 Qualified Legs Earning from your team’s activity: 10% on your first two levels, 5% on your third level.** YOU 400 GV 400 GV Executive $309 / Month* Requirements: 2 Qualified Legs Earning from your team’s activity: 10% on your first two levels, 5% on your third level.** YOU Requirements: 1 Executive, 2 Qualified Legs Earning from your team’s activity: 10% on your first two levels, 5% on your third and fourth levels.** 400 GV 400 GV 400 GV 400 GV YOU EXECUTIVE *Average monthly earnings by rank are representative of July – December 2010 earnings of Independent Distributors at each particular rank, divided by the total Independent Distributors at each rank, respectively, at year end 2010, divided by 6 months. Distributors who did not receive earnings or joined after July 1, 2010 are not included in these calculations. The earnings of any It Works! Independent Distributor contained in this chart are not necessarily representative of the income, if any, that an It Works! Independent Distributor can or will earn through participation in the It Works! Compensation Plan. These figures should not be considered as guarantees or projections of your actual earnings or profits. Success with It Works! occurs only from successful sales efforts, which requires hard work, diligence, and leadership. Your success will depend upon how effectively you exercise these qualities. **See Compensation Plan for full details. Must be Active & Qualified with 400 PBV or 80 BV auto-shipment. AVERAGE EARNINGS: $309 / MONTH* cha-rank-executive-001
2. *Average monthly earnings by rank are representative of July – December 2010 earnings of Independent Distributors at each particular rank, divided by the total Independent Distributors at each rank, respectively, at year end 2010, divided by 6 months. Distributors who did not receive earnings or joined after July 1, 2010 are not included in these calculations. The earnings of any It Works! Independent Distributor contained in this chart are not necessarily representative of the income, if any, that an It Works! Independent Distributor can or will earn through participation in the It Works! Compensation Plan. These figures should not be considered as guarantees or projections of your actual earnings or profits. Success with It Works! occurs only from successful sales efforts, which requires hard work, diligence, and leadership. Your success will depend upon how effectively you exercise these qualities. **See Compensation Plan for full details. Must be Active & Qualified with 400 PBV or 80 BV auto-shipment. AVERAGE EARNINGS: $599 / MONTH* Requirements: 1 Executive, 2 Qualified Legs Earning from your team’s activity: 10% on your first two levels, 5% on your third and fourth levels.**KEEP READING BELOW
It works Executive Rank Chart. Are you ready to increase your income?
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It works executive rank chart
1. Executive $309 / Month* Requirements: 2 Qualified Legs Earning from your team’s activity: 10% on your first two levels, 5% on your third level.** YOU 400 GV 400 GV Executive $309 / Month* Requirements: 2 Qualified Legs Earning from your team’s activity: 10% on your first two levels, 5% on your third level.** YOU Requirements: 1 Executive, 2 Qualified Legs Earning from your team’s activity: 10% on your first two levels, 5% on your third and fourth levels.** 400 GV 400 GV 400 GV 400 GV YOU EXECUTIVE *Average monthly earnings by rank are representative of July – December 2010 earnings of Independent Distributors at each particular rank, divided by the total Independent Distributors at each rank, respectively, at year end 2010, divided by 6 months. Distributors who did not receive earnings or joined after July 1, 2010 are not included in these calculations. The earnings of any It Works! Independent Distributor contained in this chart are not necessarily representative of the income, if any, that an It Works! Independent Distributor can or will earn through participation in the It Works! Compensation Plan. These figures should not be considered as guarantees or projections of your actual earnings or profits. Success with It Works! occurs only from successful sales efforts, which requires hard work, diligence, and leadership. Your success will depend upon how effectively you exercise these qualities. **See Compensation Plan for full details. Must be Active & Qualified with 400 PBV or 80 BV auto-shipment. AVERAGE EARNINGS: $309 / MONTH* cha-rank-executive-001
2. *Average monthly earnings by rank are representative of July – December 2010 earnings of Independent Distributors at each particular rank, divided by the total Independent Distributors at each rank, respectively, at year end 2010, divided by 6 months. Distributors who did not receive earnings or joined after July 1, 2010 are not included in these calculations. The earnings of any It Works! Independent Distributor contained in this chart are not necessarily representative of the income, if any, that an It Works! Independent Distributor can or will earn through participation in the It Works! Compensation Plan. These figures should not be considered as guarantees or projections of your actual earnings or profits. Success with It Works! occurs only from successful sales efforts, which requires hard work, diligence, and leadership. Your success will depend upon how effectively you exercise these qualities. **See Compensation Plan for full details. Must be Active & Qualified with 400 PBV or 80 BV auto-shipment. AVERAGE EARNINGS: $599 / MONTH* Requirements: 1 Executive, 2 Qualified Legs Earning from your team’s activity: 10% on your first two levels, 5% on your third and fourth levels.**KEEP READING BELOW
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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
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Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
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Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
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3. At mynt, our brand promoters
are our most important asset,
and we reward them with
an exceptionally generous
compensation plan.
There are 7 ways to earn
income*
with mynt.†
01 direct sales bonus
02 preferred customer bonus
03 team bonus
04 executive check match
05 rank advancement rewards
06 leadership bonus
07 region bonus pool
* To view the most up-to-date mynt Compensation Plan, please visit www.movemynt.com
† To view the AutoShip Calendar, please visit the Document Library in your Virtual Office.
™
1
4. build a solid foundation for your business
through retail sales.
01
direct sales bonus
Selling mynt products directly to your customers is the first pillar of a solid foundation for your business. Face-to-face retail sales allow
you to earn income by purchasing mynt products at the wholesale price and then selling them at a retail price of your choosing.
02
preferred customer bonus
In addition to retail sales, you can register your preferred customers†
with mynt and earn a Preferred Customer Bonus on every sale you
make to them. The Preferred Customer Bonus is computed as 50% of the Preferred Customer Personal Volume (PCPV).‡§
For example,
from 2 cases of Emv ordered by your preferred customer (with 50 PCPV), you earn a $25 Preferred Customer Bonus and 50 PCPV rolls
to you and your upline. In other words, the Personal Volume (PV) from sales to your preferred customers counts toward your activity
requirement. PCPV also counts towards your enrollment tree rank advancement volume requirements. You do not need to be active*
or
qualified*
to earn profit from sales made to your retail and preferred customers.
You may move your preferred customers into your placement tree (see the VO menu drop down for “Place Preferred Customer”). Once
you move at least one PC into your placement tree, the PV from PCPV that exceeds 200 will no longer roll over to your lesser leg; rather,
it will roll up the placement tree from where the PC is placed.
Selling products to your customers is essential to network marketing. You are encouraged to meet your active requirement by making
regular sales to your preferred customers.
† Preferred Customer: One of your customers who is registered in mynt’s database and can place orders without your direct involvement. Preferred customers can purchase product
at wholesale prices and may participate in AutoShip. Your preferred customers are registered in your enrollment tree, but are not brand promoters and cannot participate in the
compensation plan unless they later choose to convert their position to a brand promoter.
‡ Volume: Refers to the points assigned to products. PV is personal sales volume from products ordered for selling to your regular customers and from products ordered by your
preferred customers. Enrollment tree volume is sales volume from products ordered by your downline for selling to their regular customers and includes products ordered by their
preferred customers. Volume generated by the downline in your placement tree is group volume or GV. Your PV is not included in your personal enrollment tree volume.
§ Preferred Customer Personal Volume (PCPV): Volume associated with your product sale to a preferred customer, which is half of the volume of a purchase associated with a brand
promoter.
* Active: Must generate a minimum amount of volume every four weeks as (i) personal purchases of 100 PV and/or 200 PV or (ii) sales to preferred customers of 100 PCPV or 200
PCPV. “100-active” means that you have purchased at least 100 PV or you have sold to your preferred customer product having at least 100 PCPV. “200-active” means that you have
purchased at least 200 PV or you have sold to preferred customers product having at least 200 PCPV.
* Qualified: Must have one personally enrolled brand promoter in each placement tree leg that is active.
2
5. build your organization
03
team bonus
Team bonuses are another pillar of the mynt Compensation Plan. As a new brand promoter, your focus will be on developing a base of
retail and preferred customers. You’ll also focus on helping your downline generate volume through sales.
The team bonus aspect of the plan is calculated from your placement tree, which has two legs: a left and a right. You will be
compensated based on successfully building sales volume within the placement tree (GV). Your upline (or anyone else in the placement
tree) may also place people in your placement tree. As your group begins to grow, you are entitled to Team Bonuses based on the total
GV generated in your lesser leg.
You must be active and qualified to be eligible to earn Team Bonuses. In addition, you must have a minimum of 500 GV on each of your
placement tree legs in the bonus week.
CALCULATING TEAM BONUSES: Once you reach 500 GV on your lesser leg, a 5 percent Team Bonus is paid on the GV in that leg as
well as a 5% team bonus from the matching volume on your greater leg. Any unpaid GV carries over to the following week, as long
as you remain active. Any of your previously unpaid GV that is carried over to the current week, up to the amount of the GV from the
current week in that leg, will be used to calculate your Team Bonus up to the Team Bonus limit for your paid-as rank.*
(This carry-over
rule applies only where you have more than 25,000 in carry-over volume in your lesser volume leg.)
Any week that you are 200-active, additional PV exceeding 200 will be applied to your lesser volume leg. Team Bonuses are limited by
your paid-as rank up to $10,000 per week, per business center. Although Team Bonuses may be earned by being 100-active, you can
maximize your other bonus earnings by remaining 200-active. The minimum team bonus paid is $50, requiring that you have at least
500 GV on both your right and left placement tree legs. As long as you remain active with at least 100 PV, you can continue to accrue
volume toward your next Team Bonus payment.
*See the rank qualification Team Bonus limits on pages 10-12.
3
6. example
In this example, you are 200-active because you receive 50 PCPV from your sales to each of your four preferred customers; you also
earn $100 in Preferred Customer Bonuses (4 sales x $25 each). You are also qualified because you have personally sponsored brand
promoters on both your left and right legs who are active. Therefore, you qualify for 10 percent in Team Bonuses, which equates to
earning 5 percent of the balanced volume from both your left and right legs. In this example, you would earn a team bonus of $50 (10
percent of 500 GV) because the Team Bonus is paid on balanced volume over 500 GV and thereafter on balanced volume of every 100
GV over the 500 GV. In this example you then would have 0 PV carry-over on your lesser leg and 150 PV carry-over on your greater leg.
4
7.
8. 04
executive check match bonus
To further reward our executive field leaders for their sales, and their downline organization
sales, you may earn the Executive Check Match (ECM) bonus of 3% of the first $2,500 on
the Team Bonuses paid to brand promoters in your personal enrollment tree and to the brand
promoters in their respective personal enrollment trees. As your executive rank increases, so
does the number of generations on which you can be paid an ECM bonus, to a maximum of
seven generations. To be eligible for the ECM bonus, you must be 200-active and qualified and
meet the rank requirements of a Bronze Executive or above.
The ECM bonus is calculated by generations. A generation can include the executives found
in each of your personal enrollment tree legs and brand promoters at eligible Star ranks. A
generation ends when a qualified executive is found, regardless of depth. The ECM bonus is
calculated on unlimited width. Therefore, in order to maximize your income, you should strive
to continue advancing to higher executive ranks, as well as to continue personally sponsoring
brand promoters, thereby creating more personal enrollment tree legs on which you can earn
an ECM bonus.
Your ECM points are awarded based on multiplying 3 percent of the first 2,500 GBU in Team
Bonuses of members of your enrollment tree for the number of generations for which you are
eligible, based upon your paid-as rank.
The maximum you can earn in the ECM Bonus on any single enrollment tree leg is based upon
your “paid-as” rank for that bonus period according to the chart on the right.
Paid-as Rank ECM Limit per leg
Crowne Unlimited
Imperial $16,000
Presidential $14,000
Royal $12,000
Black $10,000
White $8,000
Purple $6,000
Blue $4,000
Diamond $2,000
Emerald $1,500
Ruby $1,000
Gold $1,000
Silver $1,000
Bronze $1,000
6
9. example
The illustration below is designed to help you better understand the ECM bonus. In this example, you are paid as a Ruby Executive,
which enables you to earn an ECM bonus through four generations of brand promoters or higher on each of your four personal
enrollment tree legs. Once a “paid as” Bronze Executive or higher is found on any leg, it completes the first generation for that
particular leg.
Let’s look at the leg that begins with Mary. In this particular leg, you would earn an ECM bonus through Kelly because she is a fourth
generation brand promoter. To be paid deeper on this leg (allowing you to earn an ECM bonus on David’s Team Bonus), you would need
to advance to Emerald Executive, which would allow you to be paid through five generations of brand promoters.
On the personal enrollment tree leg beginning with Shelly, no executive exists; therefore, everyone in this leg is considered first
generation and you would earn matching ECM bonuses of 3% of the first $2,500 Team Bonuses paid to each in this leg.
To maximize your mynt ECM bonus earnings, you should strive to reach the highest executive ranks.
7
10. * All rewards are nontransferable and have no deemed cash value.
** Cash rewards are paid 4 weeks after achieving the new rank, provided your paid-as rank does not drop more than one rank. Note that if volume that would otherwise contribute to
maintaining your new paid-as rank (or single paid-as rank drop) during the 4-week provisional period is later removed due to product returns, the newly achieved rank will be voided
and the cash rewards must be forfeited.
§ One time trip. Once you achieve the rank of Ruby, you are eligible to attend the #myntgetaway if you remain active and qualified during the remainder of the qualification period.
§ § After you achieve the rank of Diamond Executive, you may attend the Diamond Destination if you remain active and qualified during the remainder of the qualification period. There-
after, you may attend annually if you are paid as a Diamond or above for at least 50 percent of the weeks in the trip's qualifying period.
‡ When you first achieve the rank of Black Diamond, you earn $1,500 from mynt as part of the mynt Mercedes program. After you provide proof that you have leased or purchased
a new black Mercedes car (SL550 or S550), mynt will pay you $1,500 per month as an allowance for your car. After one year, mynt will review your earnings as a brand promoter.
You will continue to receive a monthly allowance for the next year, and subsequent years, based on how many weeks in the previous year you maintained your paid-as rank of Black
Diamond: 40 weeks plus = $1,500; 30–39 weeks = $1,000; 20–29 weeks = $750; 15–19 weeks = $500. You must be 200-active each week to earn the Black Diamond car allowance.
‡‡ After you achieve the rank of Black Diamond Executive, you may attend the Black Diamond Celebration if you remain active and qualified during the remainder of the qualification
period. Thereafter, you may attend annually if are paid as a Black Diamond for 60 percent of the qualification period.
# Each business center may earn up to $10,000 per week. All enrollment tree volume from every business center counts towards your
rank requirements.
05
rank advancement rewards*
As you advance in rank, you will earn cash bonuses and other rewards**
. You must be 200-active and qualified when you reach each
rank to earn the rewards.
rank reward
ruby As a new mynt Ruby, you may qualify for a special #myntgetaway.§
diamond
As a new mynt Diamond, you may qualify for an all-expense-paid trip for two to Diamond
Destination.§§
black diamond
Earn a $1,500 Black Diamond Mercedes Car Allowance‡
. Also, enjoy some of the world’s
most exciting and exotic destinations as a new mynt Black Diamond on the mynt Black
Diamond Celebration.‡ ‡
And, as an elite leader, you may also add up to 3 additional
business centers.#
royal black diamond $100,000 cash
presidential black diamond $300,000 cash
imperial black diamond $600,000 cash
crowne black diamond $1,000,000 cash
double crowne black diamond $2,000,000 cash
triple crowne black diamond $3,000,000 cash
8
11. 06
leadership bonus
We have reserved for our paid-as Diamond Executives and above a Leadership Bonus pool. This pool consists of 5% of global GV.
To determine your percentage share of the pool, your total enrollment tree volume, as capped on each leg (in other words, the “usable
enrollment tree volume”, or sometimes called your usable PEAR), is divided by the usable enrollment tree volume of all Leadership
Bonus qualifiers. Your bonus will be that percentage multiplied by the total volume in the pool.
mynt guarantees a payout of 50% of its global volume. In the event global payout is not 50%, mynt may adjust the leadership bonus to
maintain the 50% payout.
You must be 200-active, qualified, and paid as a Diamond or higher to earn this bonus.
07
region bonus pool
North America has a special promotional pool of 2% of GV. The promotion and requirements may change from time to time. Visit
movemynt.com for the current promotion..
9
12.
13. bonus summary
bonus how it works how to earn
01 retail
customer
bonus
• Sell mynt products to your friends and
neighbors at retail and keep the difference.
• Become a mynt brand promoter.
02 preferred
customer
bonus
• Register your regular customers as preferred
customers in your mynt Virtual Office. This
allows them to place orders and sign up for
AutoShip.
• Earn a $25 bonus on every 100 PV (50 PCPV) of
products sold to your preferred customers.
• Earn 50 PCPV from every case sold (and use
this to meet your active requirement).
• Become a mynt brand promoter.
• Register your customer as a preferred
customer in your mynt Virtual Office.
03 team
bonus
• Encourage the downline in your placement tree
to sell product to their customers.
• Earn a bonus of 5% of the GV in your lesser
leg.
• Earn another bonus of 5% of the matching GV
in your greater leg.
• Be active and qualified.
• Have 500 GV minimum in each placement
tree leg.
• Meet the volume minimums in your
placement and enrollment trees (see Rank
Qualifications).
04 executive
check match
bonus
• Earn on the first $2,500 of Team Bonuses paid
to those in your personal enrollment tree.
• Paid according to the number of generations in
your downline based on your paid-as rank.
• Be 200-active.
• Be qualified.
• Be “paid-as” a Bronze Executive or higher.
05 rank
advancement
rewards
• Earn cash and rewards when you achieve
certain ranks.
• Be 200-active and qualified in the week
prior to eligibility.
• Be 200-active and qualified in the week
the new rank is achieved.
06 leadership
bonus
• Earn a share of the pool of 5% of global GV.
• Based on your usable enrollment tree volume.
• Be 200-active.
• Be qualified.
• Be paid as a Diamond or higher.
07 region bonus
pool
• Earn a share of 2% of North America GV based
on any current promotion.
• See promotion rules for details.
11
14.
15. * Brand promoters must be active and qualified to advance any rank, Star 500 and above.
rank qualifications
ranks qualifications
STAR RANKS*
star Must be active and have a personally sponsored and active
brand promoter in each placement tree leg.
star 500 500 GV in your lesser volume leg during a one-week period. Total Team Bonus earning
potential $1,000.
star 1000 1,000 GV in your lesser volume leg during a one-week period. Total Team Bonus earning
potential $1,000.
ranks qualifications
EXECUTIVE RANKS
bronze 2,000 GV in your lesser volume leg during a one-week period and 200 in
enrollment tree volume.
Total Team Bonus earning
potential $1,000.
silver 3,000 GV in your lesser volume leg during a one-week period and 500 in
enrollment tree volume.
Total Team Bonus earning
potential $1,500.
gold 5,000 GV in your lesser volume leg for two consecutive weeks and 1,000 in
enrollment tree volume for two consecutive weeks with no more than 500
coming from any one leg.
Total Team Bonus earning
potential $2,500.
13
16. rank qualifications
ranks qualifications
EXECUTIVE ELITE RANKS
ruby 5,000 GV for four consecutive weeks in your lesser volume leg and 5,000 in
enrollment tree volume‡ for four consecutive weeks with no more than 3,000
coming from any one leg.
Total Team Bonus earning
potential $4,000.
emerald 7,500 GV for four consecutive weeks in your lesser volume leg and 7,500 in
enrollment tree volume for four consecutive weeks with no more than 5,000
coming from any one leg.
Total Team Bonus earning
potential $6,000.
diamond 15,000 GV for four consecutive weeks in your lesser volume leg and 15,000
in enrollment tree volume for four consecutive weeks with no more than
10,000 coming from any one leg.
Total Team Bonus earning
potential $8,000.
blue
diamond
18,000 GV for four consecutive weeks in your lesser volume leg and 25,000
in enrollment tree volume for four consecutive weeks with no more than
15,000 coming from any one leg.
Total Team Bonus earning
potential $10,000.
purple
diamond
18,000 GV for four consecutive weeks in your lesser volume leg and 45,000
enrollment tree volume for four consecutive weeks with no more than 25,000
coming from any single enrollment tree leg.
Total Team Bonus earning
potential $10,000.
white
diamond
18,000 GV for four consecutive weeks in your leg with the least volume and
75,000 enrollment tree volume‡ for four consecutive weeks with no more
than 45,000 coming from any single enrollment tree leg.
Total Team Bonus earning
potential $10,000.
‡ Enrollment tree volume refers to sales volume earned by your personal enrollment tree sales organization (your PEAR) in one bonus week. It also includes PCPV from sales made to
your preferred customers.
14
17. * The required periods for achieving the Executive Premier Ranks must not overlap.
All references to income, implied or stated, through the mynt Compensation Plan are for illustration purposes only. mynt does NOT guarantee any level of income or earnings to any
brand promoter. Earnings from the mynt Compensation Plan solely depend on sales and each brand promoter’s skill, ability, and personal application.
rank qualifications
ranks qualifications
EXECUTIVE PREMIER RANKS*
black
diamond
25,000 GV for four consecutive weeks in your lesser volume leg and 150,000
enrollment tree volume with no more than 60,000 coming from any single
enrollment tree leg for four consecutive weeks.
Total Team Bonus earning
potential $10,000 per
business center.
royal
black
diamond
25,000 GV for four consecutive weeks in your lesser volume leg and 250,000
enrollment tree volume with no more than 100,000 coming from any single
enrollment tree leg for four consecutive weeks.
Total Team Bonus earning
potential $10,000 per
business center.
presidential
black
diamond
25,000 GV for four consecutive weeks in your lesser volume leg and 400,000
enrollment tree volume with no more than 125,000 coming from any single
enrollment tree leg for four consecutive weeks.
Total Team Bonus earning
potential $10,000 per
business center.
imperial
black
diamond
25,000 GV for four consecutive weeks in your lesser volume leg and 600,000
enrollment tree volume with no more than 150,000 coming from any single
enrollment tree leg for four consecutive weeks.
Total Team Bonus earning
potential $10,000 per
business center.
crowne
black
diamond
25,000 GV for four consecutive weeks in your lesser volume leg and
1,000,000 enrollment tree volume with no more than 200,000 coming from
any single enrollment tree leg for four consecutive weeks.
Total Team Bonus earning
potential $10,000 per
business center.
double
crowne
black
diamond
25,000 GV for four consecutive weeks in your lesser volume leg and
1,300,000 enrollment tree volume with no more than 225,000 coming from
any single enrollment tree leg for four consecutive weeks.
Total Team Bonus earning
potential $10,000 per
business center.
triple
crowne
black
diamond
25,000 GV for four consecutive weeks in your lesser volume leg and
1,600,000 enrollment tree volume with no more than 250,000 coming from
any single enrollment tree leg for four consecutive weeks.
Total Team Bonus earning
potential $10,000 per
business center.
15
18.
19. alternative rank advancement
Brand promoters may alternatively advance to the ranks of Ruby through Black Diamond if the total GV from the lesser leg and the
usable enrollment tree (PEAR) volume meets the minimum requirements over the 4 week qualification period. However at least 60%
of the weekly requirements for the lesser Leg GV and usable PEAR volume must be reached in each one of the 4 weeks. The brand
promoter must be active and qualified in each of the qualification weeks to achieve the new rank. (Usable PEAR is enrollment tree
volume as capped on each leg.)
example 1: Lesser Leg GV Volume requirement - Ruby (20,000 over 4 weeks) (assumes the PEAR requirement is
met).
WEEK LESSER LEG GV STATUS
1 2,500 Where the Ruby GV requirement is 20,000 over four consecutive weeks, to qualify under this
alternative method, the GV in each week must be at least 60% of that week’s weekly rank
requirement of 5,000. (60% x 5,000 = 3,000)
2 3,000 3,000 GV is 60% of the weekly 5,000 GV requirement and will be considered towards the 4-week
qualification.
3 7,000
4 7,500 Ruby is not achieved this week because the 60% minimum was not met in week 1, even though
there is 20,000 GV over the 4 week period.
5 3,000 Ruby is achieved because there is 20,000 GV in weeks 2-5 and each week has at least 60% (3,000)
of the weekly minimum.
example 2: Enrollment Tree (PEAR) Usable Volume requirement - Ruby (20,000) (assumes the lesser leg GV
requirement is met)
WEEK USABLE PEAR STATUS
1 2,500 Where the Ruby PEAR volume requirement is 20,000 over four consecutive weeks, to qualify under
this alternative method, the PEAR in each week must be at least 60% of that week’s weekly rank
requirement of 5,000. (60% x 5,000 = 3,000)
2 5,500 5,500 PEAR volume is at least 60% of the weekly 5,000 PEAR volume requirement and will be
considered towards the 4-week qualification.
3 6,000
4 6,500 Ruby is not achieved this week because the 60% minimum was not met in week 1, even though
there is 20,500 GV over the 4 week period.
5 3,000 Ruby is achieved because there is 20,000 GV in weeks 2-5 and each week has at least 60% (3,000)
of the weekly minimum.
17
20. alternative rank advancement
Brand promoters may alternatively advance to the ranks of Royal Black Diamond and above if the total GV from the lesser leg and the
usable enrollment tree (usable PEAR) volume meets the minimum requirements over the 4 week qualification period. However at least
80% of the weekly requirements for the lesser Leg GV and usable PEAR volume must be reached in each one of the 4 weeks. The brand
promoter must be active and qualified in each of the qualification weeks to achieve the new rank. (Usable PEAR is enrollment tree
volume as capped on each leg.)
example 1: Lesser Leg GV Volume requirement - Royal Black Diamond (100,000 over 4 weeks) (assumes the
PEAR requirement is met.)
WEEK LESSER LEG GV STATUS
1 18,000 Where the Royal Black Diamond GV requirement is 100,000 over four consecutive weeks, to qualify
under this alternative method, the GV in each week must be at least 80% of that week’s weekly
rank requirement of 25,000. (80% x 25,000 = 20,000)
2 20,000 20,000 GV is 80% of the weekly 25,000 GV requirement and will be considered towards the 4-week
qualification.
3 25,000
4 37,000 Royal Black Diamond is not achieved this week because the 80% minimum was not met in week 1,
even though there is 100,000 GV over the 4 week period.
5 25,000 Ruby is achieved because there is 100,000 GV in weeks 2-5 and each week has at least 80%
(20,000) of the weekly minimum.
example 2: Enrollment Tree (PEAR) Usable Volume requirement - Royal Black Diamond (1,000,000) (assumes the
lesser leg GV requirement is met).
WEEK USABLE PEAR STATUS
1 180,000 Where the Ruby PEAR volume requirement is 1,000,000 over four consecutive weeks, to qualify
under this alternative method, the PEAR in each week must be at least 80% of that week’s weekly
rank requirement of 250,000. (80% x 250,000 = 200,000)
2 225,000 225,000 PEAR volume is at least 80% of the weekly 250,000 PEAR volume requirement and will be
considered towards the 4-week qualification.
3 275,000
4 320,000 Royal Black Diamond is not achieved this week because the 80% minimum was not met in week 1,
even though there is 1,000,000 GV over the 4 week period.
5 200,000 Royal Black Diamond is achieved because there is 1,020,000 PEAR volume in weeks 2-5 and each
week has at least 80% (200,000) of the weekly minimum.
18
21.
22. compensation plan qa
Q Why am I considered “active” for four weeks rather than an entire month?
A Because we pay bonuses weekly rather than monthly, our definition of “active” is a four-week rolling period rather than an
entire month (each week runs from Saturday at 12:01 a.m. (MST) to Friday at midnight).
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Q If I go inactive, what happens to my volume and organization?
A All accumulated placement tree volume will be reset to zero (0); however, once you reactivate by generating 100 PV, you
will once again begin to accumulate group sales volume as products in your placement tree organization are sold.
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Q Once I’ve earned bonuses, when can I expect to be paid?
A The bonus week ends Friday at exactly midnight (MST). Any earned bonuses will be paid seven days later, which is the
Friday after the end of the bonus week. However, the first time bonuses are earned, the mynt cash card, where your
bonuses are deposited, will be processed. Anticipate approximately 7–10 business days after the end of the bonus period
to receive your card in the mail.
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Q When Team Bonuses are paid, what volume is deducted from my business center?
A Any sales volume on your left and right legs that was used to earn Team Bonuses will be deducted. Any unpaid volume
will continue accumulating as long as you remain active.
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Q What is AutoShip?
A This optional, stress-free program allows you to establish a standing monthly order with mynt. Your product will be
delivered to you on a regular basis. You can put your AutoShip order on hold, change it, or cancel it at any time by calling
1-866-217-8455 or sending an email through our contact webpage at www.mynt.com/contact-us. (Please notify us at least
72 hours before your next scheduled AutoShip order for changes to take effect for that AutoShip date.)
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Q How do I generate PV?
A You can generate personal sales volume in two ways—through product sales made to your preferred customers and
through purchasing product to use in building your business.
20
23. income disclosure statement - full-year 2011
The Income Disclosure Statement is a reflection of mynt’s rewarding opportunity. The following chart represents the average global
earnings of the ranks of mynt Brand Promoters worldwide and provides high, low, and average weekly income information, as well as
annualized averages.
Active
Brand Promoter
Rank
% of Average
Weekly
Brand
Promoters
Weekly Income Annualized
Average
Amount
Weekly
Average
Hours
Worked*
Weeks to Advance in Rank
(The number of weeks for each rank is
calculated from date of enrollment)
High Low
Average
Amount
Min Max Average
Brand Promoter 70% $2,200 $0 $32 $1,681 2 n/a n/a n/a
Star 20% $2,200 $0 $45 $2,314 3 1 341 9
Star 500 5% $2,130 $50 $79 $4,092 3 1 341 12
Star 1000 2% $3,545 $100 $184 $9,572 3 1 354 18
Bronze Executive 1% $4,691 $200 $364 $18,908 3 1 355 24
Silver Executive 1% $4,913 $300 $581 $30,231 3 1 330 29
Gold Executive 1% $8,400 $500 $1,023 $53,186 3 1 330 36
Ruby Executive 1% $6,736 $1,000 $2,010 $104,508 5 2 302 50
Emerald Executive 1% $9,803 $1,507 $2,921 $151,880 6 2 342 61
Diamond Executive 1% $14,824 $2,016 $4,706 $244,690 7 3 300 70
Blue Diamond Executive 1% $25,354 $2,596 $8,536 $443,852 10 4 302 73
Purple Diamond 1% $30,000 $4,560 $12,933 $672,498 17 4 373 90
Black Diamond 1% $40,000 $8,670 $17,552 $912,698 13 5 373 99
Royal Black Diamond
Executive and Above
1% $75,913 $15,031 $44,947 $2,337,251 40 104 333 172
The income statistics above are for all mynt Brand Promoters who were paid bonuses during the period from January 1, 2011 to December 30, 2011,
at the above ranks, including the cash values of jet credits, rank advancement bonuses, and brand promoter award trips. A “Brand Promoter” is
defined as any person who: (1) executed a mynt Brand Promoter Application and Agreement; (2) has sponsored at least one person; (3) has received
at least one non-retail bonus; and (4) has been active in any of the eight weeks preceding the bonus period (to learn the requirements for being an
“active” brand promoter in your market, reference your country specific mynt Compensation Plan document). Note that this excludes retail customers,
preferred customers, retailers (those who have received a retail bonus only), pre-enrollees, brand promoters who did not renew, and customers,
retailers, or brand promoters whose relationships with mynt were revoked. An individual who has executed a mynt Brand Promoter Application and
Agreement, but has not fulfilled the four criteria enumerated above is not a Brand Promoter. That person is simply a wholesale customer. If, and only
when, all four criteria are satisfied does that person become a Brand Promoter. Accordingly, the status of an individual can, and sometimes does,
change throughout the course of a year. For example, Mary enrolls as a Customer in February. In April, she qualifies to become a Brand Promoter and
maintains her qualification through May. In June she is inactive, and therefore, her status is that of a customer. In July, she begins retailing products
to a few customers, and thus, becomes a Retailer (but not a Brand Promoter). In August, she again qualifies as a Brand Promoter but fails to remain
qualified for the remainder of the year. For the purposes of this Income Disclosure Statement, Mary will only be considered a Brand Promoter during
the months of April, May, and August. The average annualized income for all Brand Promoters during this period was $2,104.11. During
2011, approximately 85% of individuals who executed a mynt Brand Promoter Application and Agreement, and made at least one
purchase in the last twelve months, are considered wholesale customers.
The earnings of the Brand Promoters in this chart are not necessarily representative of the income, if any, that a mynt Brand Promoter can or will
earn through his or her participation in the mynt Compensation Plan. Your success depends upon your skills, work effort, and market conditions.
mynt does not guarantee any level of income or your success.
* These figures are derived from a survey of approximately 12,000 brand promoters performed by mynt through our online order system.
Rev. 02-13-12
21