Demonstrator Manual - Stampin' Up!

Both of these forms must be received in the Stampin’ Up! offices
by December 15 to be in effect for the next tax year (beginning
January 1). If an incomplete application is received near the end
of the year, there may not be enough time for the demonstrator
to make the necessary changes and resubmit her application
before December 15. Stampin’ Up! accepts applications at any
time of the year and encourages early application.
Annual Filing
By December 15 of each year, the business entity must re-file
the Notice of Intent to Continue to Operate Demonstratorship
as a Business Entity.
If any new persons have been added as owners or members of
the entity during the year, their information should be added
in the section titled Guarantee of Due Performance.
Both of these forms are available online in the Printing Place.
Authorized Demonstrator
The only person with whom Stampin’ Up! shall conduct business
is the authorized demonstrator of the entity and her supporting
demonstrator. Thus, regardless of the number of owners that
may comprise the business entity, only the demonstrator or
supporting demonstrator may place orders, conduct the business
of the demonstratorship, communicate with Stampin’ Up!, or
otherwise act on behalf of the demonstratorship.
Ownership
The demonstrator must own no less than a majority of the
issued shares or membership interests and must have authority
to appoint a majority of the Board of Directors, managers
of the management committee, or equivalent body that
governs the business entity. No change affecting control of the
business entity by the demonstrator may be adopted without
application to and prior written approval by Stampin’ Up!
Upon dissolution of the business entity, the demonstrator shall
provide notice and copies of the official dissolution documents
to Stampin’ Up! before Stampin’ Up! shall be obligated to
change the payee’s name on any payment from the company
to the personal name of the demonstrator. All shareholders,
directors, members, trustees, owners, or equity participants shall
personally and irrevocably guarantee due performance
by the corporation of all its obligations and responsibilities as a
demonstratorship, especially those outlined in the Independent
Demonstrator Agreement and the Demonstrator Manual.
Such person(s) shall sign the Guarantee of Due Performance
filed with Stampin’ Up! The shareholders, directors, officers,
members, managers, or equity participants of the business entity
are subject to the same disciplinary action as the demonstrator
for violation of the Independent Demonstrator Agreement and
the Demonstrator Manual, notwithstanding the fact that only
the demonstrator (and supporting demonstrator) may place
product orders and otherwise act on behalf of the business entity
or demonstratorship in its relations with Stampin’ Up!
The business will conduct only the business of a Stampin’ Up!
demonstratorship and no other. Other than the foregoing
restrictions and the designation of the business entity as the payee,
there shall be no distinction made by Stampin’ Up! between
demonstrators who are a business entity and those who are not.
Event Attendance
Each demonstrator operating a business entity may register one
member of her business entity for each Stampin’ Up! event in
addition to or in lieu of a supporting demonstrator (see Event
Attendance under Supporting Demonstrators Policy). Please
note that members can only be added or removed annually
with the annual filing renewal. Members must be listed at the
time of the event registration to be eligible to attend.
New Recruits
New recruits may submit their business entity application with
their Starter Kit Order Form and Independent Demonstrator
Application. The application should include a completed copy
of the Application to Operate Demonstratorship as a Business
Entity and Guarantee of Due Performance and the articles of
organization for the business (see Application for further
details). Unlike existing demonstrators, a new recruit’s business
entity will become effective immediately on her start date.
Transferring a Demonstratorship
Policy
A Stampin’ Up! demonstratorship may not be transferred,
absent the express written approval of Stampin’ Up!, except
under the following circumstances.
A Stampin’ Up! demonstrator may pass a demonstratorship
on to heirs as part of an estate. The heir must, in all respects,
qualify as a Stampin’ Up! demonstrator. If, in the case of the
heir being underage, or otherwise incapable of conducting
a Stampin’ Up! demonstratorshop, the demonstratorship is
transferred to a legal guardian, the guardian must qualify as
a Stampin’ Up! demonstrator.
A Stampin’ Up! demonstratorship may be transferred upon the
demonstrator’s death to one person by way of a last will and
testament. Transfer to multiple persons may cause the company
to terminate the demonstratorship. The demonstratorship is one
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