Prosperity Of Life Leading Edge Compensation Plan
The Leading Edge Compensation Plan: A part of the Prosperity of Life Distributor Agreement set forth as definition of how a Prosperity of Life Associate can earn money in accordance with their Agreement; Leading Edge Compensation Plan Doc. 16; Revised Feb 11, 2024; Effective Date Sept 11th, 2016.
How an Associate earns money through participating in the Prosperity of Life Leading Edge Compensation Plan.
NO PRODUCT PURCHASE IS REQUIRED to advance to any level in the program. Rewards are dependent on the effort expended by the Associate in developing the retail sales of products and acquisition of customers. The Prosperity of Life Advantage Compensation Plan (the “Comp Plan” or “Plan”) is based solely on profitsfrom the sales of Xpansion Event Management Services (“XEMS”) products; Retail Profits, Director’s Bonus and Commission. No volumes, quotas or achievement of levels are required to earn retail profits. Director’s Bonus can be earned once an Associate hasreached Director’sstatus at Product Level; Commission can be earned upon the sale/distribution of products once an Associate has met the eligibility requirement; no monthly, annual, or other volume orsales quota isrequired as a condition of earning Director’s Bonus’ or Commission. Associates may work as little or as much as they desire in accordance with their Distributor Agreement and earn the same Retail Profits and/ or Directors Bonus amount, per sale, as any other Prosperity of Life Associate Qualified as a Director at a respective Product Level. Associates are not required to purchase any inventory or host parties; every Prosperity Associate is eligible to earn Retail Profits and/or Directors Bonus and/or Commission on every sale they make or participate in as outlined herein. Definitions: Associate: An ‘Associate’ is anyone who has enrolled with Prosperity of Life, agreeing to the terms and conditions of the Prosperity of Life Distributor Agreement who is authorized but not obligated to resell XEMS products and enroll/sponsor others. Associates are eligible to retain the ‘Retail Profit’ portion of all sales they make. All Associates are ‘Resellers’ AND ‘Distributors’ of XEMS products respective of each product. Direct Buy: The price paid to XEMS by a Qualified Director for the products they sell after all Retail Profits and Director Bonuses have been retained from the sales price. Director: A ‘Director’ is an ‘Associate’ who has met the specified qualification requirementsfor a particular product. A Director is eligible to retain the Director’s Bonus and Retail Profit for products they sell at the qualified product level AND retain the Director’s Bonus for all Edge Sales and build a Sales Register at that product level. Director’s Bonus: The Director’s Bonus amount is the difference between the Direct Buy and the Wholesale or actual selling price. Distributor: An Associate who has contracted with Prosperity of Life and is authorized but not obligated to sell XEMS products. Prosperity Associates may sell products on behalf of the Company to the end consumer and earn Commission on each sale once qualified.