Business Entities. A. A corporation, partnership, LLC, or trust (collectively referred to as a “Business Entity”) may apply to be a Wellness Advisor. This Wellness Advisor business and position will remain temporary until the proper documents are submitted. The Business Entity must submit one of the following documents: Certificate of Incorporation, Articles of Organization, Partnership Agreement or appropriate Trust documents. In addition to one of the documents described above, Wellness Advisor shall also submit a “certificate of good standing” from the State of incorporation, or a similar document from a licensed CPA or Attorney attesting to said status. Magneceutical Health must receive these documents within ten (10) business days from the date of the Agreement’s execution.
B. A Wellness Advisor may change their status under the same Sponsor from an individual to a partnership, LLC, corporation, trust or from one type of business entity to another. To complete said status change, Wellness Advisor must provide the related documentation described above in 2.6(a).
C. A Wellness Advisor has a duty to notify the Company in writing, of any status change in the Business Entity, within 30 days of said change in status.
Business Entities. A corporation, partnership or trust (collectively referred to in this section as a "Business Entity") may apply to be a Kyäni Business Partner by submitting its Certificate of Incorporation, Partnership Agreement or trust documents, and any appropriate government documents proving the existence of the business (these documents are collectively referred to as the "Entity Documents") to Kyäni, along with a properly completed Business Entity Registration form. If a Business Partner is sponsored online, the Entity Documents and Business Entity Registration form must be submitted to Kyäni within 30 days of online sponsoring. A Kyäni business may change its status under the same sponsor from an individual to a partnership, corporation or trust, or from one type of entity to another, but will require the normal Change of Ownership process be followed. The Business Entity Registration form must be signed by all of the shareholders, partners or trustees. Members of the entity are jointly and severally liable for any indebtedness or other obligation to Kyäni. Business Entity changes cannot be used to circumvent Change of Genealogy or Change of Ownership rules.
Business Entities a. Enrolling as a Business Entity. A Business Entity (e.g. limited liability company, corporation, partnership, etc.) may wish to enroll as an OPTAVIA Coach. A Business Entity may apply to become an OPTAVIA Coach by completing, signing, and returning a Business Entity Addendum, signed by all the participants in the Business Entity and purchasing a Business Kit, as well as complying with any other applicable legal requirements. All members of the Business Entity are required to comply with the terms of the Agreement. In addition, all participants in a Business Entity must meet the conditions to become an OPTAVIA Coach under the terms of these Policies (i.e., must be 18 years old, have a valid Hong Kong ID Number, have legal residence in Hong Kong, etc.). Please see the OPTAVIA Procedures for Details on Enrolling as a Business Entity.
b. Changing to a Business Entity. An individual Coach who enrolled with OPTAVIA may wish to transfer his/her account to a Business Entity for the purpose of operating his/her business. If the Coach wishes to change his/ her form of business from a sole proprietorship to a Business Entity, he/she may do so at any time. The individual must complete, sign and return a Business Entity Addendum to the Company, as well as comply with any other applicable legal requirements.
Business Entities. If an Oola business is owned or operated by a business entity (examples of business entities include a trust, an LLC, or a corporation), the act or omission of one owner of the business entity may be imputed to the business entity and/or the other owners. The Company may hold the business entity and each owner jointly or severally responsible for the acts or omis- sions of any other owner or the entity itself. All members, managers, shareholders, trus- tees, partners or others with any ownership interest in the business entity (collectively “Owners”) shall be jointly and severally lia- ble for all Agreements entered into with Oo- la Life. Each Owner is individually bound to Oola Life’s Terms & Policies and all docu- ments incorporated by reference into the Independent Ambassador Application and Agreement (collectively the “Agreement”). All documents comprising the Agreement are available in each Independent Ambassa- dor’s Back Office. Violation of the Agree- ment by any Owner of a Business Entity may be jointly and severally imputed to the Entity and all Owners of the Entity. Failure to list all appropriate persons and/or provide Oola with an ownership update as ownership changes occur, shall be grounds for disciplinary sanctions against the Entity and/or any or all of the individual Owners.
Business Entities. A company (Ltd) or partnership (collectively referred to in this section as a “Business Entity”) may apply to be a MONAT Market Partner by submitting a properly completed Market Partner Application and Agreement and a properly completed Business Entity Registration Form, which can be downloaded from the Back O ice. If a Market Partner enrols online, the Entity Documents and Business Entity Registration Form must be submitted to MONAT within 30 days of the online enrolment (if not received within the 30-day period, the Market Partner Agreement shall automatically terminate). The Business Entity Registration Form must be signed by all of the shareholders or partners. The Business Entity and its shareholders or partners, or other parties with any ownership interest in, or management responsibilities for, the Business Entity (collectively “A iliated Parties”) are individually, jointly and severally liable for any indebtedness to MONAT, compliance with the MONAT Policies and Procedures, compliance with the Market Partner Agreement, and all other obligations to MONAT hereunder. To prevent the circumvention of Section 3.28 (which prohibits the sale, transfer, or assignment of a MONAT business), additional partners, shareholders, members or other A iliated Parties may be added to a Business Entity only upon the written approval of the Company. If a partner, shareholder, member or other A iliated Party is added without the Company’s approval, the Market Partner Agreement may be cancelled at the Company’s discretion. There is a £50 fee for each change requested, which must be included with the written request and completed Market Partner Application and Agreement. MONAT may, at its discretion, require satisfactory evidence of the interest of the A iliated Party in the Market Partner before implementing any changes to a MONAT business. Please allow thirty (30) days a er the receipt of the request by MONAT for processing. Note that the changes permitted within the scope of this section do not include a change of sponsorship. Changes of sponsorship are addressed at Section 3.5 below.
Business Entities a. Enrolling as a Business Entity. A Business Entity (e.g. limited liability company, corporation, partnership, etc.) may wish to enroll as an OPTAVIA Coach. A Business Entity may apply to become an OPTAVIA Coach by completing, signing, and returning a Business Entity Addendum, signed by all the participants in the Business Entity and purchasing a Business Kit, as well as complying with any other applicable legal requirements. All members of the Business Entity are required to comply with the terms of the Agreement. See the OPTAVIA Procedures for Details on Enrolling as a Business Entity.
b. Changing to a Business Entity. A Coach who enrolled as an individual may wish to transfer his/her account to a Business Entity for the purpose of operating their business. If the Coach wishes to change their form of business from a sole proprietorship to a Business Entity, he/she may do so at any time. The individual must complete, sign and return a Business Entity Addendum to the Company, as well as comply with any other applicable legal requirements.
Business Entities. A Business Entity may apply to be a Novae Affiliate by submitting an Affiliate Application and Agreement along with a properly completed Business Entity Registration form and a properly completed IRS Form W-9 (Request for Taxpayer Identification Number). If an Affiliate enrolls online, the Business Entity Registration Form must be submitted to Novae within 30 days of the online enrollment. (If not received within the 30- day period, the Affiliate Agreement will be in jeopardy of termination.) A Novae business may change its status under the same Sponsor from an individual to a Business Entity. There is a $25.00 fee for each change requested, which must be included with the written request and the completed Affiliate Agreement. The Business Entity Registration form must be signed by all of the owners, shareholders, members, partners or trustees. The Business Entity and its owners, shareholders, members, managers, partners, trustees, or other parties with any ownership interest in, or management responsibilities for, the Business Entity (collectively "Affiliate Parties") are individually, jointly and severally liable for any indebtedness to Novae, compliance with the Novae Policies and Procedures, compliance with the Novae Affiliate Agreement, and all other obligations to Novae. Xxxxx will recognize only one individual in regard to any benefits received based on account performance. Be sure to indicate who shall receive said benefits (should any occur) when completing the Business Entity Registration Form. If no one is listed, Novae will deem it to be the first person listed on the form.
Business Entities. When a VIVRI® Leader has reached the AMBASSADOR level, the said Leader may request to VIVRI® by submitting a Leader Application and Agreement, along with a duly completed Business Entity Annex, a copy of his/her incorporation documents and a copy of his/her RFC, and VIVRI® may accept, in its absolute discretion, that the said Leader administers his/her VIVRI® business through a limited company, limited liability company, partnership or civil association (collectively referred to in this section as a "Business Entity") . The Business Entity, as well as all the shareholders, members, directors, partners, administrators and other parties with ownership interests, or management responsibilities of the Business Entity (collectively "Affiliated Parties") shall be individually, jointly and severally liable for any debt with VIVRI®, the compliance with the VIVRI® Policies and Procedures, the VIVRI® Leader Agreement and other obligations with VIVRI®. Each Leader must promptly notify VIVRI® of all changes in the kind of business entity he/she uses in his/her business operation and the addition or terminations of affiliated parties.
Business Entities. A corporation, limited liability company (LLC), partnership or trust (collectively referred to in this section as a “Business Entity”) may apply to be a LivElite International Distributor by submitting its Certificate of Incorporation, Certificate of Organization, Partnership Agreement or trust documents (these documents are collectively referred to as the “Entity Documents”) to LivElite International, along with a properly completed Business Entity Registration Form. If a Distributor enrolls online, the Entity Documents and Business Entity Registration Form must be submitted to LivElite International within 30 days of the online enrollment. (If not received within the 30-day period, the Distributor Agreement shall automatically terminate.) The Business Entity Registration Form must be signed by all of the shareholders, partners or trustees. Members of the entity are jointly and severally liable for any indebtedness or other obligation to LivElite International. To prevent the circumvention of Section 4.26 (regarding transfers and assignments of LivElite International business), if an additional partner, shareholder, member, or other business entity affiliate is added to a business entity, the original applicant must remain as a party to the original Distributor Application and Agreement. If the original Distributor wants to terminate his or her relationship with the Company, he or she must transfer or assign his or her business in accordance with Section 4.26. If this process is not followed, the business shall be canceled upon the withdrawal of the original Distributor. Please note that the modifications permitted within the scope of this paragraph do not include a change of sponsorship. Changes of sponsorship are addressed in Section 4.5, below. There is a $25.00 fee for each change requested, which must be included with the written request and the completed Distributor Application and Agreement. LivElite International may, at its discretion, require notarized documents before implementing any changes to an LivElite International business. Please allow thirty (30) days after the receipt of the request by LivElite International for processing.
Business Entities. (a) Except as set forth on Schedule 2.4(a) of the Company Letter and except for the Company’s Subsidiaries, neither the Company nor any of its Subsidiaries, directly or indirectly, owns any equity interest or any security convertible into, or exchangeable for, an equity interest in any corporation, partnership, limited liability company, joint venture or other form of business association, other than securities disclosed on Schedule 2.20 of the Company Letter. Each of the entities listed on Schedule 2.4(a) of the Company Letter is referred to as a “Company Business Entity”. All the issued and outstanding equity interests of each Company Business Entity that are owned by the Company or any of its Subsidiaries are duly authorized, validly issued, fully paid, nonassessable and free of preemptive rights. Schedule 2.4(a) of the Company Letter sets forth the amount of the equity interest owned by the Company or any of its Subsidiaries in each Company Business Entity and, to the Knowledge of the Company, the percentage amount which such equity interest represents of the total equity interests of such Company Business Entity.
(b) All the issued and outstanding equity interests of each Company Business Entity are duly authorized, validly issued, fully paid, nonassessable and free of preemptive rights. All equity interests of each Company Business Entity that are held of record or owned beneficially by the Company or a Subsidiary of the Company are held or owned free and clear of any restrictions on transfer (other than restrictions under the Securities Act or state or foreign securities law or partnership constituent documents), claims, Liens, options, warrants, rights, contracts or commitments.
