MYGIFTVENTURES

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:

MYGIFTVENTURES (“Company”) and the Independent MGV Affiliate (Affiliate). They shall be effective only upon acceptance by the Company, at its principal office:

DM FIBEROPT TRADING
2-4 Hrisovului Street, ap88
district1, Bucharest, Romania


Independent MGV Affiliate (Affiliate) AGREES:

  1. Independent MGV Affiliate (Affiliate) is of legal age in the state/province or country in which he/she resides.
  2. Any Independent MGV Affiliate (Affiliate)) who sponsors another Independent MGV Affiliate (Affiliate) or receives a Bonus or Commission on the product sales of another Independent MGV Affiliate (Affiliate) must fulfill the obligation of performing a bona fide supervisory, distributing and selling function in the sale or delivery of a product or service to the ultimate consumer and in the training of those personally sponsored. Independent MGV Affiliate (Affiliate) must have ongoing contact, communication and arrangement with his or her sales organization. Examples may include, but not limited to: email, newsletters, correspondence, meetings, telephone contact, accompanying individuals to company training sessions and sharing genealogy information with those sponsored. Independent MGV Affiliate (Affiliate) should be able to provide evidence to the Company of ongoing fulfillment of sponsor responsibilities.
  3. Independent MGV Affiliate (Affiliate) understands that he/she is not compensated for sponsoring other Independent MGV Affiliate (Affiliate)s but earns compensation solely on the sale of products and/or services to ultimate consumers.
  4. Applicant is, upon acceptance, an “Independent Contractor”, hereinafter Independent MGV Affiliate (Affiliate), conducting business for her/his own account and not as an agent, employee, or franchisee for the Company. As such, the Affiliate shall have no authority to bind or represent the Company in any manner.
  5. Independent MGV Affiliate (Affiliate) agrees to accept the sole responsibility for complying with all applicable laws and regulations in whatever Country they reside, including the legal incorporation and registration of a business entity or self-employment forms required to operate as an Independent MGV Affiliate (Affiliate). All taxes, insurance, and legal obligations arising from the Affiliate’s business activities shall be the sole responsibility of the Affiliate.
  6. Independent MGV Affiliate (Affiliate) agrees that the Company is not be liable for local or national income taxes, sales taxes or other fees pertaining to sales and earnings of a Independent MGV Affiliate (Affiliate) and Independent MGV Affiliate (Affiliate) will hold the company harmless from all of same.
  7. Independent MGV Affiliate (Affiliate) 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.

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