Each translated representation thereof, has to be seen as informative, but not legally binding.
For legally binding documents, please refer to the ENLISH ones. (link)
1. Purpose of Agreement:
This Agreement sets out the terms and conditions by which United Wealth Independent Representatives may promote United Wealth Services, United Wealth Products and the United Wealth Opportunity.
2. General Provisions:
IR understands and agrees that:
(a) It is illegal for a promoter or a participant in a trading scheme to persuade anyone to make a payment by promising benefits from getting others to join the scheme.
(b) DO NOT BE MISLED BY CLAIMS THAT HIGH EARNINGS ARE EASILY ACHIEVED. BUSINESS SUCCESS AS AN IR IS BASED SOLELY ON IR’S INDIVIDUAL EFFORTS AND THAT NO EARNINGS, PROFITS OR BUSINESS SUCCESS HAVE BEEN OR ARE PROMISED OR GUARANTEED.
(c) IRS ARE COMPENSATED BASED SOLELY ON THE SUCCESSFUL PROMOTION OF UNITED WEALTH SERVICES AND UNITED WEALTH PRODUCTS TO CUSTOMERS AND THAT NO COMPENSATION IS EARNED FOR THE PROMOTION OF THE UNITED WEALTH OPPORTUNITY OR THE SPONSORSHIP OF NEW IRS WHEN NO WORKSHOP WEALTH CREATION IS SOLD.
(d) The contract terms, services and products, trading schemes, and compensation systems of direct marketing companies are not subject to prior review or approval by any government agency; and
(e) Customers solicited by the IR who enter into a Customer Contract become Customers of United Wealth or an United Wealth Business Partner and have no legal relationship with the IR.
(f) IF YOU SIGN THIS AGREEMENT, YOU HAVE 14 DAYS IN WHICH TO CANCEL AND GET YOUR MONEY BACK. SEE CLAUSES 13 AND 14 FOR MORE INFORMATION.
3. Definitions :
In this Agreement, capitalized terms have the following meanings unless the context requires otherwise.
,"United Wealth” means (1) United Wealth International Inc, with its registered office at New Horizon Building, Ground Floor, 3 1/2 Miles Phillip S.W. Goldson Highway. Belize City, Belize, or (2) if the context requires, another member of the United Wealth Group.
“United Wealth Business Partner” means a person with whom the United Wealth Group has entered into a business relationship for the provision of United Wealth Services, United Wealth Products or the United Wealth Opportunity, but does not include Independent Representatives.
“United Wealth Group” means all legal persons under common control with United Wealth.
“United Wealth Opportunity” means the business opportunity provided by United Wealth to operate as an Independent Representative.
“United Wealth Products” or “United Wealth Services” means, respectively, products or services offered to Customers in any country by (1) the United Wealth Group or (2) an United Wealth Business Partner.
“Application” means the form submitted by an individual or Permitted Business Entity to become an United Wealth Independent Representative.
“Compensation Plan” means the then-current country-specific commission and bonus plan by which an IR is compensated for successfully promoting United Wealth Services or United Wealth Products.
“Cooling Off Period” means the fourteen (14) day revocation period commencing on the Effective Date.
“Customer” means a person that purchases or uses United Wealth Services or United Wealth Products.
“Downline” means (1) all IRs sponsored by an IR and (2) other IRs sponsored by those IRs that together form an IR’s sales organisation.
“Effective Date”means the date that an IR’s information is accepted by United Wealth.
“IR Business Tools” means marketing materials purchased by an IR from United Wealth. “Independent Representative” or “IR” means an individual or Permitted Business Entity who enters into an Agreement with United Wealth and is permitted to promote United Wealth Services, United Wealth Products and the United Wealth Opportunity. In general communication the IR is also called “Partner”.
“Intellectual Property” means all proprietary rights held by any member of the United Wealth Group, including trademarks, service marks, trade names, logos, copyrighted materials, know-how, business documentation, operation methods, processes and systems.
“Permitted Business Entity” means a legal person (not an individual) that may become an IR.
“Policies and Procedures” means the then-current document of the same name which further governs the IR’s promotion of United Wealth Services, United Wealth Products and the United Wealth Opportunity.
“Term” means (1) the period starting on the Effective Date and expiring 12 months from the date the IR paid the fee for the Team Trainer Success System or (2) any additional consecutive 12-month renewal period.
“VDV”means the Direct Selling Association in the Netherlands: http://www.directeverkoop.nl/
4. IR Status
IR is self-employed and is not an employee, partner, or legal representative of United Wealth or any United Wealth Business Partner. IR may select its own means, methods and manner of work and may choose the hours and locations of its activities, subject only to the obligations of this Agreement. In performing its activities under this Agreement, IR conducts business for its own account and is responsible for all expenses, debts, and liabilities incurred. United Wealth shall not be responsible for paying or reimbursing any such costs. IR has no authority to(a) incur obligations, debts, or liabilities on behalf of United Wealth; (b) sign any documents, including Customer Contracts or Independent Representative Agreements, on behalf of United Wealth; (c) collect monies from other IRs; or (d) take any actions that could impose any obligation on United Wealth vis-à-vis a third party.
5. Purchases by IR:
Other than the purchase of the Workshop Wealth Creation, IR is not required to purchase United Wealth Services or United Wealth Products. If IR chooses to do so, IR is subject to the terms of the applicable Customer Contract, provided that, if IR fails to pay for any United Wealth Services or United Wealth Products, United Wealth may, in addition to the remedies in the Customer Contract, (a) offset such amount from any compensation owing to IR under this Agreement; (b) impose reasonable penalties and statutory interest; and (c) terminate this Agreement.
6. Use of Intellectual Property; Marketing and Training Materials:
(a)The United Wealth Group is the sole owner of all Intellectual Property. This Agreement does not convey to IR any rights in the Intellectual Property, except that IR may use the Intellectual Property in the manner specified in this Agreement and the Policies & Procedures. IR may not change or duplicate materials containing Intellectual Property without prior written approval from United Wealth. Unauthorised use of the Intellectual Property is unlawful and constitutes grounds for termination of this Agreement. United Wealth may terminate the right to use Intellectual Property at any time. IR’s right of use shall cease upon termination of this Agreement.
(b)IR will only use print and electronic materials (including websites) that are produced or approved by United Wealth to promote United Wealth, United Wealth Products and the United Wealth Opportunity and to train other IRs. The proper use of marketing and training materials is described in the Policies & Procedures. IR is not permitted to make a profit from the sale or resale of any marketing or training materials but may charge such amounts as to recover IR’s costs. "