What are the Requirements to Become an Independent Business Owner (IBO)?
To become an IBO of MELiUS, each applicant must:
A. Be at least eighteen (18) years of age and have the legal capacity to enter into agreement with the Company;
B. Reside in countries, territories, or general locales officially opened by Melius;
C. Submit a properly completed and signed hardcopy or electronic IBO Agreement; and
E. Submit payments in accordance with non-commissionable enrollment fees.
Can new IBO register through Internet?
A prospective IBO may self-enroll on his or her sponsor’s web site. In such event, MELiUS will accept the Agreement by way of an “electronic signature” rather than submission via physical hard copy of the Agreement. An IBO’s acceptance of the “electronic signature” signifies his or her tacit acceptance of the terms and conditions of the IBO Agreement, as well as the acceptance and understanding of these Policies. Please note that such electronic signature constitutes a legally binding agreement between you and the Company.
What are the benefits of an IBO?
Upon the Company’s acceptance of an IBO Agreement, the benefits of the MELiUS Compensation Plan and the IBO Agreement become immediately available. These benefits include the following rights:
A. The ability to sell MELiUS products/services;
B. The ability to participate in the Company Compensation Plan (i.e., receive bonuses and commissions, if eligible);
C. Sponsor other individuals as customers (“Customers”) and downline IBOs into the business, thereby building an organization and progressing through the Company Compensation Plan; and
D. Receive periodic Company literature and other Corporate communications.
What are the terms and renewal of a MELiUS Business?
Twelve (12) months from the date of enrollment into MELiUS, an IBO must renew his or her business through the payment of a $40 fee. If an IBO allows his or her business to expire due to nonpayment of this renewal fee, the IBO will lose any and all rights to his or her downline organization unless payment occurs within thirty (30) days.
Upon payment of the renewal fee within the thirty-day grace period, the IBO will resume the rank and position held immediately prior to the expiration of the Agreement. However, such IBO’s paid as level will not be restored unless he or she qualifies at that payout level in the new month. The IBO is not eligible to receive commissions for the time period that the IBO’s business was expired.