Dissolution of a Business Entity. Xxxxx Xxxxx is not able to divide commissions among multiple parties, nor is it able to divide a downline organization. Consequently, if a business entity that operates a Xxxxx Xxxxx business dissolves, the owners of the business entity must instruct the Company on the identity of the proper party who is to receive the business. The Xxxxx Xxxxx business must be awarded to a single individual or entity that was previously recognized by the Company as an owner of the business entity; the Company cannot divide the business among multiple parties or issue separate commission payments. If the business entity wishes to sell or transfer its Xxxxx Xxxxx business, it must do so pursuant to policy 47. In addition, the recipient of the Xxxxx Xxxxx business must also execute and submit a Bella Grace Ambassador or Influencers Agreement to the Company within 30 days from the date of the dissolution of the business entity or the Xxxxx Xxxxx business will be canceled.
Dissolution of a Business Entity. In cases in which owners of a Business Entity elect to dissolve the Business Entity, and one of the owners advises the Company in writing that they are dissolving the Business Entity, the Coach who is listed as the Primary Participant on the account shall be responsible for fulfilling the obligations of the Business Entity until the Business Entity is fully dissolved and a formal dissolution agreement between the parties is reached that determines the disposition of the Business Entity. Subject to applicable laws, while the dissolution is proceeding, no owner may make changes to the business (e.g., change the payee, change the name of the business, etc.) until a formal dissolution agreement concerning the Business Entity is finalized. Subject to applicable laws, upon completion of the dissolution and/or the completion of OPTAVIA’s Business Transfer Procedures, the Business Entity shall be transferred to the individual who receives the Business Entity pursuant to the dissolution agreement (or court order if the dissolution is contested). Please note that OPTAVIA is unable to split a Business Entity in two, or to divide a commission between multiple parties. Therefore, if the owners or former owners enter into an agreement, or are ordered by a court, whereupon it is incumbent on OPTAVIA to split the commission or divide the Business Entity, the business shall be canceled.
Dissolution of a Business Entity. Xxxx is not able to divide commissions among multiple parties, nor is it able to divide a downline organization. Consequently, if a business entity that operates an Oola busi- ness dissolves, the owners of the business entity must instruct the Company on the identity of the proper party who is to receive the business. The Oola business must be awarded to a single individual or entity that was previously recognized by the Company as an owner of the business entity; the Com- pany cannot divide the business among mul- tiple parties or issue separate commission payments. If the business entity wishes to sell or transfer its Oola business, it must do so pursuant to policy 40. In addition, the recipient of the Oola business must also ex- ecute and submit an Oola Ambassador Agreement to the Company within 30 days from the date of the dissolution of the busi- ness entity or the Oola business will be can- celled.
Dissolution of a Business Entity. Be- yond Slim is not able to divide commissions among multiple parties, nor is it able to di- vide a downline organization. Consequently, if a business entity that operates a Beyond Slim business dissolves, the owners of the business entity must instruct the Company on the identity of the proper party who is to receive the business. The Beyond Slim busi- ness must be awarded to a single individual or entity that was previously recognized by the Company as an owner of the business entity; the Company cannot divide the busi- ness among multiple parties or issue sepa- rate commission payments. If the business entity wishes to sell or transfer its Beyond Slim business, it must do so pursuant to pol- icy 43. In addition, the recipient of the Be- yond Slim business must also execute and submit a Beyond Slim Coach Agreement to the Company within 30 days from the date of the dissolution of the business entity or the Beyond Slim business will be cancelled.
Dissolution of a Business Entity. Talk Fusion is not able to divide commissions among multiple parties, nor is it able to divide a downline organization. Consequently, in the event that a business entity that operates a Talk Fusion business dissolves, the owners of the business entity must instruct the Company on the identity of the proper party who is to receive the business. The Talk Fusion business must be awarded to a single individual or entity that was previously recognized by the Company as an owner of the business entity; the Company cannot divide the business among multiple parties or issue separate commission payments. If the business entity wishes to sell or transfer its Talk Fusion business, it must do so pursuant to Policy 34. In addition, the recipient of the Talk Fusion business must also execute and submit a Talk Fusion Agreement to the Company within 30 days from the date of the dissolution of the business entity or the Talk Fusion business will be cancelled.
Dissolution of a Business Entity. In cases in which owners of a Business Entity elect to dissolve the Business Entity, and one of the owners advises the Company in writing that they are dissolving the Business Entity, the Coach who is listed as the Primary on the account shall be responsible for fulfilling the obligations of the Business Entity until the Business Entity is fully dissolved and a formal dissolution agreement between the parties is reached that determines the disposition of the Business Entity. While the dissolution is proceeding, no owner may make changes to the business (e.g., change the payee, change the name of the business, etc.) until a formal dissolution agreement concerning the Business Entity is finalized. Upon completion of the dissolution and/or the completion of OPTAVIA’s Business Transfer Procedures, the Business Entity shall be transferred to the individual who receives the Business Entity pursuant to the dissolution agreement (or court order if the dissolution is contested). Please note that OPTAVIA is unable to split a Business Entity in two, or to divide a commission between multiple parties. Therefore, if the owners or former owners enter into an agreement, or are ordered by a court, whereupon it is incumbent on OPTAVIA to split the commission or divide the Business Entity, the business shall be canceled.
Dissolution of a Business Entity. The Company is not able to divide commissions among multiple parties, nor is it able to divide a downline organization. Consequently, if a business entity that operates a Qyral business dissolves, the owners of the business entity must instruct the Company on the identity of the proper party who is to receive the business. The Qyral business must be awarded to a single individual or entity that was previously recognized by the Company as an owner of the business entity; the Company cannot divide the business among multiple parties or issue separate commission payments. The recipient of the Qyral business must also execute and submit a Qyral Consultant Distributor Agreement to the Company within 30 days from the date of the dissolution of the business entity or the Agreement will be canceled. If the business entity wishes to sell or transfer its Qyral business to an individual or entity that was not previously recognized by the Company as an owner of the business entity, it must do so pursuant to the policy.
Dissolution of a Business Entity. The Company is not able to divide commissions among multiple parties, nor is it able to divide a downline organization. If a business entity that operates an EllieMD business dissolves, the owners of the business entity must instruct the Company on the identity of the proper party who is to receive the business. The EllieMD business must be awarded to a single individual or entity that was previously recognized by the Company as an owner of the business entity; the Company cannot divide the business among multiple parties or issue separate commission payments. The recipient of the EllieMD business must also execute and submit a EllieMD Brand Partner Distributor Agreement to the Company within 30 days from the date of the dissolution of the business entity or the Agreement will be canceled. If the business entity wishes to sell or transfer its EllieMD business to an individual or entity that was not previously recognized by the Company as an owner of the business entity, it must do so according to the policy.
Dissolution of a Business Entity. Xxxxx is not able to divide commissions among multiple parties, nor is it able to divide a downline organization.
Dissolution of a Business Entity. Beyond Slim is not able to divide commissions among multiple parties, nor is it able to divide a downline organization. Consequently, if a business entity that operates a Beyond Slim business dissolves, the owners of the business entity must instruct the Company on the identity of the proper party who is to receive the business. The Beyond Slim business must be awarded to a single individual or entity that was previously recognized by the Company as an owner of the business entity; the Company cannot divide the business among multiple parties or issue separate commission payments. If the business entity wishes to sell or transfer its Beyond Slim business, it must do so pursuant to policy 43. In addition, the recipient of the Beyond Slim business must also execute and submit a Beyond Slim Coach Agreement to the Company within 30 days from the date of the dissolution of the business entity or the Beyond Slim business will be cancelled.
