Common use of Resignation/Voluntary Termination Clause in Contracts

Resignation/Voluntary Termination. A. A Wellness Advisor may immediately terminate his or her business by submitting a written notice or email to the Company Compliance Department. The written notice must include the following: I. The Wellness Advisor’s intent to resign; II. Date of resignation; III. Magneceutical Wellness Advisor Identification Number; IV. Reason for resigning; and V. Signature. B. A Wellness Advisor may not use resignation as a way to immediately change Sponsor and Placement. Instead, the Wellness Advisor who has voluntarily resigned is not eligible to reapply for a business or have any financial interest in a or any Magneceutical Health business for six (6) months from the receipt of the written notice of resignation. I. A Wellness Advisor may not manipulate the optional purchase of product by refusing the shipment of Magneceutical Health purchased products in order to switch Sponsors. There is not a product purchase required to become a Wellness Advisor. This practice may result in suspension or termination of Wellness Advisor status.