Common use of – ROLL-UP (GENERAL Clause in Contracts

– ROLL-UP (GENERAL. When a vacancy occurs in a Marketing Organization due to the termination of a MONAT Market Partner’s Agreement, each Market Partner in the first level immediately below the terminated Market Partner on the date of the cancellation will be moved to the first level (“front line”) of the terminated Market Partner’s sponsor. For example, if A sponsors B, and B sponsors C1, C2, and C3, if B terminates her business, C1, C2, and C3 will “roll-up” to A and become part of A’s first level.

Appears in 5 contracts

Samples: Policies and Procedures, Policies and Procedures, Policies and Procedures

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– ROLL-UP (GENERAL. When a vacancy occurs in a Marketing Organization Organisation due to the termination of a MONAT Market Partner’s Agreement, each Market Partner in the first level immediately below the terminated Market Partner on the date of the cancellation will be moved to the first level (“front line”) of the terminated Market Partner’s sponsor. For example, if A sponsors B, and B sponsors C1, C2, and C3, if B terminates her business, C1, C2, and C3 will “roll-up” to A and become part of A’s first level.

Appears in 2 contracts

Samples: Policies and Procedures, Policies and Procedures

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