Common use of Lack of Performance Clause in Contracts

Lack of Performance. a. There is non-performance or low performance on the part of the Partner; specifically, if the Partner ’s Account is inactive, his/her contract and participation in the Partner’s network ends automatically. b. Hereafter, inactive means that: • the Partner did not generate enough commission for initiating a payment into his/her Partner Account, or that no monies were paid out to the Partner within 90 (ninety) days or more (by a withdrawal or a transfer to a client account); or • the Partner did not introduce any new clients within 90 (ninety) days or more; or • the Partner did not respond to any of the verification messages sent to him/her within a reasonable period of time. In the event of an automatic ending of the contract, all the cash resources remaining in the Partner Account pass to the Company.

Lack of Performance. a. There is non-performance or low performance on the part of the Partner; specifically, if the Partner ’s Account is inactive, his/her contract and participation in the Partner’s network ends automatically. b. Hereafter, inactive means that: • : I. the Partner did not generate enough commission for initiating a payment into his/her Partner Account, or that no monies were paid out to the Partner within 90 (ninety) days or more (by a withdrawal or a transfer to a client account); or • or II. the Partner did not introduce any new clients within 90 (ninety) days or moremore through his/her Partner Services; or • or III. the Partner did not respond to any of the verification messages sent to him/her within a reasonable period of time. In the event of an automatic ending of the contract, all the cash resources remaining in the Partner Account pass to the Company.

Lack of Performance. a. There is non-performance or low performance on the part of the Partner; specifically, if the Partner ’s Account is inactive, his/her contract and participation in the Partner’s network ends automatically. b. Hereafter, inactive means that: • the Partner did not generate enough commission for initiating a payment into his/her Partner Account, or that no monies were paid out to the Partner within 90 60 (ninetysixty) days or more (by a withdrawal or a transfer to a client account); or • the Partner did not introduce any new clients within 90 60 (ninetysixty) days or more; or • the Partner did not respond to any of the verification messages sent to him/her within a reasonable period of time. In the event of an automatic ending of the contract, all the cash resources remaining in the Partner Account pass to the Company.

Lack of Performance. a. There is non-performance or low performance on the part of the Partner; specifically, if the Partner ’s Account is inactive, his/her contract and participation in the Partner’s network ends automatically. b. Hereafter, inactive means that: • : I. the Partner did not generate generated enough commission for initiating a payment into his/her Partner Account, or that no monies were paid out to the Partner within 90 (ninety) days or more (by a withdrawal or a transfer to a client account); or • or II. the Partner did not introduce any new clients within 90 (ninety) days or moremore through his/her Partner Services; or • or III. the Partner did not respond to any of the verification messages sent to him/her within a reasonable period of time. In the event of an automatic ending of the contract, all the cash resources remaining in the Partner Account pass to the Company.