Distributor Death. In the event of a Distributor’s death, or the death of an individual holding a controlling interest in a Distributorship, Unicity shall allow the Distributorship of the deceased Distributor to transfer to an immediate family member, or an individual or entity specified in a legally recognized will or trust (the “Heir”), or allow the entity’s Distributorship to remain in good standing, regardless of the transfer of the controlling interest, as the case may be, regardless of whether the Heir already holds an interest in a separate Distributorship, and provided that both the Heir’s Distributorship (if applicable) and the Distributorship being inherited are in good standing, and the Heir is in full compliance with the Contract. Each such Distributorship must separately Qualify in accordance with the Compensation Plan in order to be eligible for Awards and recognition. In order to effect such a transfer, the authorized representative of the estate or trust must provide satisfactory documentation to Unicity, which may include a certified death certificate, court order, certification of trust, and/or any other documents Unicity deems necessary, and an amended Independent Distributorship Agreement in the name of the Distributor receiving the Distributorship, in the case of an individual, or an amended Independent Distributorship Agreement in the event of a change in control of an entity’s Distributorship. Any such assignment or transfer must take place within a reasonable time period, but no longer than one year from the date of the death in question.
Distributor Death. In the event of a Distributor’s death, Unicity shall allow the Distributorship license of the deceased Distributor to transfer to an co- applicant / nominees regardless of whether the co- applicant / nominees already holds a separate Distrib- utorship and provided that: (i) both the Distributor- ship of the co- applicant / nominees and the Distri- torship being inherited are in good standing; (ii) the heir maintains the Distributorship(s) in good standing after the inheritance; and (iii) the co- applicant / nominees is in full compliance with the Contract. Each such Distributorship must separately Qualify in accordance with the Award Plan in order to be eligible for Awards and recognition. In order to transfer a Distributorship after the death of a Distributor, the authorized representative of the estate must provide satisfactory documentation to Unicity which may include a certified death certifi- cate, court order or any other documents Unicity deems necessary, and an amended Distributor Agreement in the name of the Distributor receiving the Distributorship must be submitted. Any such assignment or transfer must take place within 90 days of Distributor’s. In the case of intestacy, Unicity will deem the Distributorship non-transferable if Unicity is not contacted by an authorized representative of the estate within six (6) months of the Distributor’s death.
