Common use of Divorce or Dissolution Clause in Contracts

Divorce or Dissolution. ‌ During the pendency of divorce or entity dissolution, both parties must adopt one of the following methods of operation: • One of the parties may, with written consent of the other(s) and with XXXXX , operate the XXXXX business, agreeing to deal directly and solely with the other spouse or nonrelinquishing shareholder, partner, or trustee; or • The parties may continue to operate the XXXXX business jointly on a business-as-usual basis, whereby all compensation paid by XXXXX will be paid in the joint names of the distributors or in the name of the entity to be divided as the parties may independently agree between themselves. Under no circumstance will XXXXX split commissions and bonus checks between divorcing spouses or members of dissolving entities. XXXXX will recognize only one (1) downline organization and will issue only one (1) commission check per XXXXX business per commission cycle. Commission checks shall always be issued to the same individual or entity. In the event that parties of a divorce or a dissolution proceeding are unable to resolve a dispute over the disposition of commissions and ownership of the business, the Distributor Agreement shall be involuntarily cancelled.

Divorce or Dissolution. ‌ During the pendency of divorce or entity dissolution, both parties must adopt one of the following methods of operation: • One of the parties may, with written consent of the other(s) and with XXXXX OLYLIFE , operate the XXXXX OLYLIFE business, agreeing to deal directly and solely with the other spouse or nonrelinquishing shareholder, partner, or trustee; or • The parties may continue to operate the XXXXX OLYLIFE business jointly on a business-as-usual basis, whereby all compensation paid by XXXXX XXXXXXX will be paid in the joint names of the distributors or in the name of the entity to be divided as the parties may independently agree between themselves. Under no circumstance will XXXXX OLYLIFE split commissions and bonus checks between divorcing spouses or members of dissolving entities. XXXXX OLYLIFE will recognize only one (1) downline organization and will issue only one (1) commission check per XXXXX OLYLIFE business per commission cycle. Commission checks shall always be issued to the same individual or entity. In the event that parties of a divorce or a dissolution proceeding are unable to resolve a dispute over the disposition of commissions and ownership of the business, the Distributor Agreement shall be involuntarily cancelled.

Divorce or Dissolution. ‌ During the pendency of divorce or entity dissolution, both parties must adopt one of the following methods of operation: • One of the parties may, with written consent of the other(s) and with XXXXX , operate the XXXXX business, agreeing to deal directly and solely with the other spouse or nonrelinquishing shareholder, partner, or trustee; or • The parties may continue to operate the XXXXX business jointly on a business-as-usual basis, whereby all compensation paid by XXXXX will be paid in the joint names of the distributors or in the name of the entity to be divided as the parties may independently agree between themselves. Under no circumstance will XXXXX split commissions and bonus checks between divorcing spouses or members of dissolving entities. XXXXX will recognize only one (1) downline organization and will issue only one (1) commission check per XXXXX business per commission cycle. Commission checks shall always be issued to the same individual or entity. In the event that parties of a divorce or a dissolution proceeding are unable to resolve a dispute over the disposition of commissions and ownership of the business, the Distributor Agreement shall be involuntarily cancelled.

Divorce or Dissolution. ‌ During the pendency of divorce or entity dissolution, both parties must adopt one of the following methods of operation: • One of the parties may, with written consent of the other(s) and with XXXXX TAUKEMAS , operate the XXXXX TAUKEMAS business, agreeing to deal directly and solely with the other spouse or nonrelinquishing shareholder, partner, or trustee; or • The parties may continue to operate the XXXXX TAUKEMAS business jointly on a business-as-usual basis, whereby all compensation paid by XXXXX TAUKEMAS will be paid in the joint names of the distributors or in the name of the entity to be divided as the parties may independently agree between themselves. Under no circumstance will XXXXX TAUKEMAS split commissions and bonus checks between divorcing spouses or members of dissolving entities. XXXXX TAUKEMAS will recognize only one (1) downline organization and will issue only one (1) commission check per XXXXX TAUKEMAS business per commission cycle. Commission checks shall always be issued to the same individual or entity. In the event that parties of a divorce or a dissolution proceeding are unable to resolve a dispute over the disposition of commissions and ownership of the business, the Distributor Agreement shall be involuntarily cancelled.