Common use of Dissolution of a Business Entity Clause in Contracts

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. Xxxxx Xxxxx is not able to divide commissions among multiple parties, nor is it able to divide a downline organization. ConsequentlyConse- quently, if a business entity that operates a Xxxxx Xxxxx business dissolves, the owners of the business entity must instruct in- struct 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 en- tity that was previously recognized by the Company as an owner of the business busi- ness 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 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 canceledcancelled.

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 Xxxxx Xxxxx 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.