Bionetworth, Inc. TERMS & CONDITIONS The Application & Agreement, Policies & Procedures and Compensation Plan are specifically incorporated herein by reference. They, along with these Terms & Conditions, form the Agreement between:
Bionetworth, Inc. ("Company") and the CompanyMember. They shall be effective only upon acceptance by the Company, at its principal office:
Bionetworth, Inc. 7668 El Camino Real, Suite 104228 Suite 104228 Carlsbad, CA 92009 United States Company Member AGREES: 1. Member is of legal age in the state/province or country in which he/she resides. 2. Member understands that he/she is not compensated for sponsoring other Independent Sales Representatives but earns compensation solely on the sale of products and/or services to ultimate consumers. 3. Applicant is, upon acceptance, an "Independent Contractor", hereinafter Member, conducting business for her/his own account and not as an agent, employee, or franchisee for the Company. As such, Member must provide his/her Social Security or Federal Tax ID Number for tax reporting purposes on any monies earned within the country. All Members should consult their attorney or tax consultant for information on monies earned and where received. The Member further understands that he/she will not be treated as an employee in regard to any laws covering employees. An Independent Contractor shall be responsible for obtaining all licenses required by law in whatever State, County or Country in which they reside, and pay all applicable fees and taxes. 4. Member agrees to accept the sole responsibility for all self-employment and all legal country/federal and state and local income and sales taxes and any other taxes on income earned as a Member. The Company will file appropriate tax earnings report forms on each Member at the close of the calendar year for the amount of commissions and bonuses earned in their country of residence under this agreement. 5. Member agrees that the Company is not be liable for city, county, state, local and country/federal income taxes, sales taxes or other fees pertaining to sales and earnings of a Member and Member will hold the company harmless from all of same.
6. Company charges sales tax on California orders only. 7. Member SHALL NOT promote or sell other companies’ sales programs, products or Company functions on websites where Company is mentioned, or use the Company forms or printed materials or its name, prestige, or drawing power in conjunction with or in support of any other activities. 8. Member shall not sponsor or attempt to sponsor another Company Member into another Direct Sales and/or Network Marketing Company except for her/his personally sponsored Members. In addition, no Member shall participate in any action that causes an Member to be sponsored through someone else into another company. 9. Member will make no claims as to income potential either written or oral except those prepared by the company for illustration purposes only. 10. Member will not make any claims of any kind pertaining to the benefits of the company’s products and services except those given in official company promotional media. When presenting the Company program to others, Member shall present the program in its entirety, without omission, distortion or misrepresentation. 11. Member shall not represent or imply, directly or indirectly, that the company has been approved or endorsed by any governmental agency. (Federal and State regulatory agencies do not approve or endorse any marketing company product or programs.) 12. Member will indemnify and hold the company harmless from any and all claims, expenses, costs, causes of action and damages resulting from or growing out of Member statements or actions in violation of this agreement. 13. Should Member be terminated for cause, Member's sales organization may be transferred to his/her first active upline Member at Company's sole discretion. 14. The terminated Member will be eligible to reapply and may choose a new sponsor after six (6) months. A terminated Member that reenters the program may not sponsor any of her/his original downline organization. 15. Member understands that Company does not permit changing of sponsors. Network Marketing is a business of creating relationships. Once an Member is sponsored, the Company believes in maximum protection of that relationship. 16. Member understands that Company will provide Member a replicated Web Page at no charge. 17. Member understands that USA residents in the States of Maine, North Dakota, Michigan, Indiana, Iowa and West Virginia are limited to a total of $495.00 in sales aids and personal wholesale product purchases from the Company during the first six months. Purchases shall be automatically modified to comply with the exemption requirements set forth in any country/states laws regulating business opportunities. 18. Company will pay Member commissions and bonuses on orders received and accepted for sale of products to the ultimate consumer (not sales aids) made by Member and his/her sales organization under the terms of Compensation Plan. 19. Company will retain full authority to accept or reject any Application or any order for products. Such refusal is solely within the discretion of the Company. No right of action against Company will arise because of any such acceptance or refusal. 20. Company reserves the right to amend, revise, institute, alter or modify changes including but not limited to prices, literature, policies, this Agreement and the Referral Compensation Plan. Any such revisions become effective by email, letter(s) or by publication in official company literature or posted to Member at his or her last known address. Member agrees to be bound by these changes. Changes will become part of the agreement upon notification. The Referral Compensation Plan and Policies and Procedures, and all modifications thereafter, are incorporated into and are a part of this agreement. 21. Company shall not be responsible for acts beyond its control, including but, not limited to: fire, flood, earthquake, storms, power outages, labor difficulty, equipment failure, supplier problems, or other difficulties that might prevent performance according to this agreement. 22. Company assumes no liability for personal injury arising from use or mishandling of any of the Company product(s). 23. Company does not require Member to sponsor and does not require any fee to be a Member
24. Company reserves the right to terminate this agreement immediately upon receipt of sufficient information that Member has violated any term or condition of this agreement or has otherwise acted illegally or unethically. 25. Company will honor refund policies provided by any governmental law applicable to Member. 26. Company requires that all Members obey the letter and the spirit of the law.
27. I have not violated any non-competition, non-compete, non-solicitation, or confidentiality agreement entered into with any other organization or entity, and by becoming an Member for Bionetworth, Inc. will not be violating any agreement or contract, including non-competition, non-compete, non-solicitation entered in with any other organization.
28. I approached Bionetworth, Inc. Inc, or any other Bionetworth, Inc. Member, employee, or affiliate, about becoming a Bionetworth, Inc. Member and requested to become a Bionetworth, Inc. Member. Bionetworth, Inc. or any Bionetworth, Inc. Member or any employees, agents, managers, members, or affiliates, has approached or solicited the undersigned about becoming a Bionetworth, Inc. Member.
© Bionetworth, Inc. 5/19/2012 |