Common use of Main principles Clause in Contracts

Main principles. As detailed further in this section 2.1, products points are calculated based on Sales Volume, to which a 10% to 30% rate will be applied. Sales Volumes (“SV”) is a point system used to compare the relative value of Products with each Product being assigned a specific amount of points of SV. The corresponding SV for each Product is marked on the specific product page on your local Nu Skin website (for Brand Affiliates and Members) and in the Pricelist (for Customers, Brand Affiliates and Members) available on your local Nu Skin website. Product points (SV multiplied with the applicable 10%, 20% or 30% rate as outlined in 2.1.2. below) will be awarded in the calendar month following the calendar month during which they are earned. Such products points can be redeemed for any product, subject to the reservations and exceptions listed in the present Terms and Conditions, that has less or equal value in SV. The difference between the SV and your available product points will be kept on your ADR Subscription account with the Company and will accumulate with any additional product points earned (until redeemed for products), under the conditions set out in these Terms and Conditions.