Business Portfolio Clause Samples
The Business Portfolio clause defines the scope and composition of the businesses, assets, or operations covered under an agreement. It typically lists or describes the specific entities, subsidiaries, or product lines included in the portfolio, and may set criteria for adding or removing components. This clause ensures clarity about what is encompassed by the agreement, preventing misunderstandings or disputes over which parts of a business are subject to its terms.
Business Portfolio. The Business Portfolio contains the Policies and Procedures, the Sales Compensation Plan, a Brand Affiliate Agreement, a Business Entity Form, a Joint Participation Form and other sales and demonstration materials to assist a Brand Affiliate in starting and conducting their independent business. Any electronic, printed, audio or video presentation or other material used in the offer or sale of Products, recruitment of prospective Brand Affiliates or training of Brand Affiliates, which makes reference to the Company, its Products, the Sales Compensation Plan or its trade names. This term is used to refer to Business Support Materials and Business Support Services together. Any services or business tools supporting the offer or sale of the Company’s Products, recruitment of prospective Brand Affiliates, or the training of Brand Affiliates. Compliance Appeals Committee whose duties are described in Chapter 6. Compliance Review Committee whose duties are described in Chapter 6. A person who is living with a Brand Affiliate as if a spouse of the Brand Affiliate, but is not legally married. Commissionable Sales Value is the commissionable value of Products purchased from the Company. CSV is the basis for calculating sales compensation and is based on the local currency of the market in which the Product is sold. CSV is equal to the Member Price of a Product minus any adjustments (which may include applicable taxes, Sharing Bonus, or discounts). Nu Skin International, Inc. and its affiliated entities, including Nu Skin Enterprises Philippines, Inc.. Marketing materials designated in writing by the Company as approved for use in specific markets.
Business Portfolio. Not Applicable.
Business Portfolio. When you introduce a Person to the business opportunity, you must fully disclose that the only financial requirement to become a Distributor is the purchase of a not-for-profit Business Portfolio. The Business Portfolio does not generate a Bonus.
Business Portfolio. (unit: billion yen) Fiscal year 2008 Fiscal year 2009 Fiscal year 2013 Profit indicators for the Group (Note) (27.1) 41.0 150 Domestic non-life insurance 7.6 26.6 [65%] 100 [67%] Domestic life insurance (3.6) 1.5 [4%] 15 [10%] Overseas business (28.6) 12.0 [29%] 30 [20%] Financial services/risk related service business (2.4) 0.9 [2%] 5 [3%] (Note) Profit Indicators for the Group Group’s Core Profit = consolidated net income ‒ net capital gains/losses on stock portfolio (gains/losses from sale, etc.) ‒ net evaluation gains/losses on credit derivatives ‒ other incidental factors + equity in earnings of the non-consolidated group companies
Business Portfolio. The Business Portfolio is a non-commissionable, not-for-profit kit and is the only purchase required to become a Distributor. The Business Portfolio contains the Policies and Procedures, the Sales Compensation Plan, a Distributor Agreement, a Business Entity Form, a Joint Participation Form and other sales and demonstration materials to assist a Distributor in starting and conducting their independent business. Any electronic, printed, audio or video presentation or other material used in the offer or sale of Products, recruitment of prospective Distributors or training of Distributors, which makes reference to the Company, its Products, the Sales Compensation Plan or its trade names. This term is used to refer to Business Support Materials and Business Support Services together. Any services or business tools supporting the offer or sale of the Company’s Products, recruitment of prospective Distributors, or the training of Distributors. A person who is living with a Distributor as if a spouse of the Distributor, but is not legally married. Commissionable Sales Value is the monthly currency value of the commissionable products and services purchased from the Company upon which Sales Compensation Plan bonuses and commissions will be calculated. Commissionable Sales Value is equal to the wholesale price of a product or service minus any taxes, FSP payments, and Personal Sales Volume discounts (ARO, Web, etc). Qualification requirements will be based on Personal Sales Volume and Group Sales Volume. Nu Skin International, Inc. and its affiliated entities, including Nu Skin Enterprises (Thailand) Limited. Marketing materials designated in writing by the Company as approved for use in specific countries or markets.
Business Portfolio. We will continue to evaluate our products and services given our strategic direction and demand trends. While we are focused on realizing organic revenue growth and margin expansion, we will consider select acquisitions of complementary businesses that would enhance our product portfolio, market positioning or geographic presence. We have a strong track record of identifying and integrating such targeted acquisitions.