Disciplinary Sanctions. Violation of the Agreement, these Policies and Procedures, violation of any common law, including but not limited to any applicable duty of loyalty, any illegal, fraudulent, deceptive or unethical business conduct, or any act or omission by a Market Partner that, in the sole discretion of the Company may damage its reputation or goodwill (such act or omission need not be related to the Market Partner’s MONAT business), may result, at MONAT’s discretion, in one or more of the following corrective measures: a) Issuance of a written warning or admonition; b) Requiring the Market Partner to take immediate corrective measures; c) Imposition of a fine, which may be withheld from the Market Partner’s bonus and commission payments; d) Loss of rights to one or more bonus and commission payments; e) MONAT may withhold from a Market Partner all or part of the Market Partner’s bonuses and commissions during the period that MONAT is investigating any conduct allegedly violating the Agreement (If a Market Partner’s business is cancelled for disciplinary reasons the Market Partner will not be entitled to recover any commissions or bonuses withheld during the investigative period); f) Suspension of the individual’s Market Partner Agreement for one or more pay periods; g) Permanent or temporary loss of, or reduction in, the current Title Rank of the Market Partner (which may subsequently be re-earned by the Market Partner); h) Transfer or removal of a portion or all of the Market Partner’s Marketing Organization or downline Market Partners from the offending Market Partner’s Marketing Organization; i) Involuntary termination of the offender’s Market Partner Agreement; j) Suspension or termination of the offending Market Partner’s access to the Back Office and/or Replicated Website; or
Appears in 4 contracts
Samples: Policies and Procedures, Policies and Procedures, Policies and Procedures
Disciplinary Sanctions. Violation of the Agreement, these Policies and Procedures, violation of any common lawlaw duty, including but not limited to any applicable duty of loyalty, any illegal, fraudulent, deceptive or unethical business conduct, or any act or omission by a Market Partner an Seller that, in the sole discretion of the Company may damage its reputation or goodwill (such damaging act or omission need not be related to the Market PartnerSeller’s MONAT Powur business), may result, at MONAT’s the Company's discretion, in one or more of the following corrective measures:
a) Issuance of a written warning or admonition;
b) Requiring the Market Partner Seller to take immediate corrective measures;
c) Imposition of a fine, which may be withheld from the Market Partner’s bonus and commission paymentschecks;
d) Loss of rights to one or more bonus and commission paymentschecks;
e) MONAT The Company may withhold from a Market Partner Seller all or part of the Market PartnerSeller’s bonuses and commissions during the period that MONAT the Company is investigating any conduct allegedly violating violative of the Agreement (Agreement. If a Market PartnerSeller’s business is cancelled canceled for disciplinary reasons reasons, the Market Partner Seller will not be entitled to recover any commissions or bonuses withheld during the investigative period)investigation period conduct;
f) Suspension of the individual’s Market Partner Seller Agreement for one or more pay periods;
g) Permanent or temporary loss of, or reduction in, the current Title Rank and/or lifetime rank of the Market Partner a Seller (which may subsequently be re-earned by the Market PartnerSeller);
h) Transfer or removal of a portion some or all of the Market Partnera Seller’s Marketing Organization or downline Market Partners Sellers from the offending Market PartnerSeller’s Marketing Organization; downline organization.
i) Involuntary termination of the offender’s Market Partner Seller Agreement; ;
j) Suspension or and/or termination of the offending Market PartnerSeller’s access Powur website or website access;
k) Any other measure expressly allowed within any provision of the Agreement or which the Company deems practicable to implement and appropriate to equitably resolve injuries caused partially or exclusively by the Back Office Seller’s policy violation or contractual breach;
l) In situations deemed appropriate by the Company, the Company may institute legal proceedings for monetary and/or Replicated Website; orequitable relief.
Appears in 1 contract