Common use of Effect of Cancellation Clause in Contracts

Effect of Cancellation. So long as an member remains active and complies with the terms of the member Agreement and these Policies and Procedures, VYVO shall pay Commissions to such member in accordance with the Compensation Plan. An member's Bonuses and Commissions constitute the entire consideration for the member's efforts in generating sales and all activities related to generating sales (including building a downline organization). Following an member's non-renewal of his or her member Agreement, cancellation for inactivity, or voluntary or involuntary cancellation of his or her member Agreement (all of these methods are collectively referred to as "cancellation"), the former member shall have no right, title, claim or interest to the marketing organization which he or she operated, or any Commission or Bonus from the sales generated by the organization. An member whose business is cancelled will lose all rights as an member. This includes the right to sell VYVO Products and Services and the right to receive future Commissions, Bonuses, or other income resulting from the sales and other activities of the member's former downline sales organization. In the event of cancellation, members agree to waive all rights they may have, including but not limited to property rights, to their former downline organization and to any Bonuses, Commissions or other remuneration derived from the sales and other activities of his or her former downline organization. Following an member's cancellation of his or her member Agreement, the former member shall not hold himself or herself out as a VYVO member and shall not have the right to sell VYVO products or services. An member whose member Agreement is canceled shall receive Commissions and Bonuses only for the last full pay period he or she was active prior to cancellation (less any amounts withheld during an investigation preceding an involuntary cancellation).

Effect of Cancellation. So long as an member a Business Partner remains active and complies with the terms of the member Agreement and these Policies and Procedures, VYVO ▇▇▇▇▇ shall pay Commissions commissions to such member the Business Partner in accordance with the Global Compensation Plan. An memberA Business Partner's Bonuses bonuses and Commissions commissions constitute the entire consideration for the member's Business Partner’s efforts in generating sales and all activities related to generating sales (including building a downline organization). Following an membera Business Partner's non-renewal of his or her member Agreement, cancellation for inactivityinactivity as described herein, or voluntary or involuntary cancellation of his or her member Agreement, including for breach of the Agreement or violation of the Policies and Procedures (all of these methods are collectively referred to as being "cancelled" or a "cancellation"), the former member Business Partner shall have no right, title, claim or interest to the marketing organization in which he or she operated, to any past, present or future Kyäni trade secrets or other proprietary information or intellectual property, or to any Commission commission or Bonus bonus from the sales generated by the organizationorganization after the Business Partner's cancellation. An member A Business Partner whose business Agreement is cancelled will lose all rights as an membera Business Partner. This includes the right to sell VYVO Products and Services Kyäni products, and the right to receive future Commissionscommissions, Bonusesbonuses, or other income resulting from the sales and other activities of the memberBusiness Partner's former downline sales organization. In To remove all doubt, in the event of cancellation, members agree the Business Partner agrees to waive all rights they he or she may have, including but not limited to property rights, trade secret rights, intellectual property rights, or otherwise, to their former downline organization and organization, marketing data, financial data, or contact information related to that downline organization, or to any Bonusesbonuses, Commissions commissions, or other remuneration derived that might otherwise have arisen from the sales and or other activities of his or her former that downline organization. Following an member's cancellation of his or her member Agreement, had the former member shall Business Partner not hold himself or herself out as a VYVO member and shall not have the right to sell VYVO products or services. An member whose member Agreement is canceled shall receive Commissions and Bonuses only for the last full pay period he or she was active prior to cancellation (less any amounts withheld during an investigation preceding an involuntary cancellation)been cancelled.

Effect of Cancellation. So long as an member a Distributor remains active and complies with the terms of the member Agreement and these Policies and Procedures, VYVO ▇▇▇▇▇ shall pay Commissions commissions to such member the Distributor in accordance with the Global Compensation Plan. An memberA Distributor's Bonuses bonuses and Commissions commissions constitute the entire consideration for the member's Distributor’s efforts in generating sales and all activities related to generating sales (including building a downline organization). Following an membera Distributor's non-renewal of his or her member Agreement, cancellation for inactivityinactivity as described herein, or voluntary or involuntary cancellation of his or her member Agreement, including for breach of the Agreement or violation of the Policies and Procedures (all of these methods are collectively referred to as being "cancelled" or a "cancellation"), the former member Distributor shall have no right, title, claim or interest to the marketing organization in which he or she operated, to any past, present or future Kyäni trade secrets or other proprietary information or intellectual property, or to any Commission commission or Bonus bonus from the sales generated by the organizationorganization after the Distributor's cancellation. An member A Distributor whose business Agreement is cancelled will lose all rights as an membera Distributor. This includes the right to sell VYVO Products and Services Kyäni products, and the right to receive future Commissionscommissions, Bonusesbonuses, or other income resulting from the sales and other activities of the memberDistributor's former downline sales organization. In To remove all doubt, in the event of cancellation, members agree the Distributor agrees to waive all rights they he or she may have, including but not limited to property rights, trade secret rights, intellectual property rights, or otherwise, to their former downline organization and organization, marketing data, financial data, or contact information related to that downline organization, or to any Bonusesbonuses, Commissions commissions, or other remuneration derived that might otherwise have arisen from the sales and or other activities of his or her former that downline organization. Following an member's cancellation of his or her member Agreement, had the former member shall Distributor not hold himself or herself out as a VYVO member and shall not have the right to sell VYVO products or services. An member whose member Agreement is canceled shall receive Commissions and Bonuses only for the last full pay period he or she was active prior to cancellation (less any amounts withheld during an investigation preceding an involuntary cancellation)been cancelled.

Effect of Cancellation. So long as an member remains active and complies with the terms of the member Agreement and these Policies and Procedures, VYVO WOR(l)D shall pay Commissions to such member in accordance with the Compensation Plan. An member's Bonuses and Commissions constitute the entire consideration for the member's efforts in generating sales and all activities related to generating sales (including building a downline organization). Following an member's non-renewal of his or her member Agreement, cancellation for inactivity, or voluntary or involuntary cancellation of his or her member Agreement (all of these methods are collectively referred to as "cancellation"), the former member shall have no right, title, claim or interest to the marketing organization which he or she operated, or any Commission or Bonus from the sales generated by the organization. An member whose business is cancelled will lose all rights as an member. This includes the right to sell VYVO WOR(l)D Products and Services and the right to receive future Commissions, Bonuses, or other income resulting from the sales and other activities of the member's former downline sales organization. In the event of cancellation, members agree to waive all rights they may have, including but not limited to property rights, to their former downline organization and to any Bonuses, Commissions or other remuneration derived from the sales and other activities of his or her former downline organization. Following an member's cancellation of his or her member Agreement, the former member shall not hold himself or herself out as a VYVO WOR(l)D member and shall not have the right to sell VYVO WOR(l)D products or services. An member whose member Agreement is canceled shall receive Commissions and Bonuses only for the last full pay period he or she was active prior to cancellation (less any amounts withheld during an investigation preceding an involuntary cancellation).

Effect of Cancellation. So long as an member Affiliate remains active and complies with the terms of the member Agreement and these Policies and Proceduresthis Agreement, VYVO YAAC shall pay Commissions commissions to such member Affiliate in accordance with the YAAC Marketing and Compensation Plan. An member's Bonuses Affiliate’s bonuses and Commissions commissions constitute the entire consideration for the memberAffiliate's efforts in generating sales and all activities related to generating sales (including building a downline organization). Following an member's a Affiliate’s non-renewal of his or her member Affiliate Agreement, cancellation for inactivity, or voluntary or involuntary cancellation of his or her member Affiliate Agreement (all of these methods are collectively referred to as "“cancellation"”), the former member Affiliate shall have no right, title, claim or interest to the marketing organization which he or she operated, or any Commission commission or Bonus bonus from the sales generated by the organization. An member Affiliate whose business is cancelled will lose all rights as an memberAffiliate. This includes the right to sell VYVO Products YAAC products and Services services and the right to receive future Commissionscommissions, Bonusesbonuses, or other income resulting from the sales and other activities of the member's Affiliate’s former downline sales organization. In the event of cancellation, members agree Affiliate agrees to waive all rights they may have, including but not limited to property rights, to their former downline organization and to any Bonusesbonuses, Commissions commissions or other remuneration derived from the sales and other activities of his or her former downline organization. Following an member's Affiliate’s cancellation of his or her member Affiliate Agreement, the former member Affiliate shall not hold himself or herself out as a VYVO member YAAC Affiliate and shall not have the right to sell VYVO YAAC products or services. An member Affiliate whose member Affiliate Agreement is canceled shall receive Commissions commissions and Bonuses bonuses only for the last full pay period he or she was active prior to cancellation (less any amounts withheld during an investigation preceding an involuntary cancellation).