Merger of Partners
Under unique circumstances, individuals may own multiple Partners (i.e., by marriage, inheritance, etc.) and may choose to merge their two income positions into a single Partner. This can only be done in case the two income positions are downline with each other.
The merger will mean that the lower earning positions will become reentries from the upline earning position. With a merger, there may be additional reentries on a single line. This is allowed, but earnings from future income positions on the particular line of the merged position will be subject to the rules associated with earning additional re-entries.
In the future, the two Partners will be considered as one. Then several conditions can change:
The savings bond will be combined with all savings bond credits earned prior to the down payment. In the event that a savings bond was a cash payment or the credit has not yet been achieved through the IP but through the combination of the base commissions or the credits that are earned in the payment of a savings bond, the Savings must be paid. The bonus will be subject to the same terms and conditions as a single trading position. income.
The highest title of the two titles associated with the two Partners will be the title for recognition. even after combining the gains from both income positions.
All accumulated credits / bonuses will be calculated and limited as combined (credits or earnings Savings Bonds, Bonds, Loyalty Credits, etc.) as long as the earning positions maintain uninterrupted commission eligibility throughout the property merger. Additionally, a minimum of 150 qualifying points will be required to be paid on all income positions recently combined.
The status of the 2X membership for the buyer must be the same as at the time the income position was activated. 2X membership status cannot be acquired if it was not acquired at the time of activation of the income position. Only one of the two merged income positions must have a 2X membership to receive 2X status.
The Gold status for the buyer must be the same as at the time the income position was activated. Only one of the two merged income positions must have Gold status for the new Partner to have Gold status.
The newly merged Partner will receive reward or recognition in any contest or destination award, as long as the newly merged Partner wins such awards beyond the growth that simply occurred as a direct result of the merger of the two Partners. Incentives or awards for growth as a result of the merger of Partners will not be taken into account.
The sponsorship and hence the equivalent bonuses for the merged Partners will vary based on the following 3 conditions:
A. One of the merged Partners is the sponsor of the other. - Second generation downline sponsor will become first generation sponsor in upline income position (loss of matching bonus generation).
B. Both owners are sponsored by the same person. - No change is required. All sponsorship is as before, with top-line sponsored individuals becoming the first generation of income position 1 upline.
C. The merged Partners are sponsored by two different people. - No merger will be awarded.