COMPENSATION PLAN - Vemma Europe
COMPENSATION PLAN - Vemma Europe
COMPENSATION PLAN - Vemma Europe
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Long-Term IncomeCycle BonusQualifications: Active Brand Partners with a120* reward point Auto-delivery order on file,along with two (2) personally enrolled activeBrand Partners, one (1) on each team.YOUAt the end of each volume period (week),<strong>Vemma</strong>’s computers search down your leftand right teams and whenever 180 rewardpoints in one team and 360 reward pointson the opposite team occur (the sides canswitch back and forth), Brand Partnersare eligible to earn a Cycle Bonus ofapproximately 20 USD **. The weekly cyclevalue will be determined each week basedupon total sales divided by the amount ofqualified cycles.For cycle volume information associatedwith products, please refer to the CycleCredit Chart on page 5.LEFT360 QV* See “Glossary of Terms” for explanationRIGHT180 QV= 1 Cycle of Approx. 20 USD **** All <strong>Vemma</strong> bonuses (except for Platinum Car Bonus, which will becalculated in EUR) will be calculated in USD and paid in EUR/localcurrency. <strong>Vemma</strong> will evaluate and modify when necessary the exchangerates on a monthly basis.4