DEFINITION: -
Network Business – any business and/or opportunity platform from which income is generated in the SIP
People Empowerment Team(PET) – collective name for all persons committed to following the Systematic Investment Program
Systematic Investment Program(SIP) – refers to the strategic plan of operations developed by NBO Investments, inclusive of the Network Business(es)
E-Gold Funding Project (EGP) - refers to the Ethereum Crowdfunding Project
1. POLICIES: - I understand that by the signing of this form that:
a. upon acceptance of this application I acknowledge that I am a member of the PET and will be required to pay a non-refundable Administration Fee of $50.00 USD in full; or, if paid in part, I shall authorize NBO Investments to deduct any outstanding balance along with an added charge of 1% on the 1st of each month from cash rewards I generated in the C3 INCOME GENERATRIX.
b. I, the Enrollee of the PET, understand that NBO Investments is the owner of the C3 INCOME GENERATRIX rewards program, the SIP, and the E-Gold Project, but not the owner of the International Network Marketing Businesses or opportunity platforms from which income will be generated using the SIP strategies.
c. NBO Investments shall not be responsible for delays or failure in performance caused by circumstances beyond our control, such as, but not limited to: fire, flood, earthquake, storm, power outages, labor difficulties, strikes, war, government decrees or orders and/or curtailment or their usual source of supply which may affect the operation of the Network Business(es).
d. there is no guarantee of profits by being a member of the PET.
e. I understand that though Network Marketing is a referral-based business, I am not obligated to generate referrals. However, I have the option to authorize NBO Investments to deduct funds to Pay It Forward to assist others with funds generated from the cash rewards I shall received in the C3 INCOME GENERATRIX in accordance to the recruiting system of the SIP.
- By choosing not to participate in the recruiting system of the SIP, I therefore voluntarily exempt myself from earning Referrer Rewards and Sponsor Matching Rewards in the C3 Income Generatrix.
f. NBO Investments will manage my membership in the SIP for a management fee of 25% on all income earned, and it is mandatory to complete a Client Account Management of Agreement Contract.
g. I will take all actions reasonably required by NBO Investments relating to the protection of NBO Investment’s confidential information by signing a Non-Disclosure Agreement.
h. with respect to purchases of products and services from the Network Businesses, PET members must abide by all the manufacturers' use restrictions and copyright protections.
i. NBO Investments’ literature and materials may not be duplicated or reprinted without the prior written permission.
j. I am not permitted to "create" my own stationery, business cards or letterhead graphics, with NBO Investments' trade name or trademarks without the prior written permission.
k. I cannot advertise or promote NBO Investments’ products or marketing plan or use NBO Investments’ name in any electronic media or transmission, including on the Internet via web sites or otherwise, without the prior written approval of NBO Investments' legal department.
l. I may not answer my telephone by saying "NBO Investments," or in any other manner that would lead the caller to believe that he or she has reached the offices of NBO Investments.
m. these Policies and Procedures shall be governed by the laws of the Government of Barbados.
2. MEMBERSHIP: - I acknowledge that by becoming a PET member after adhering to section 1.a. that:
a. I am 16 years of age or older.
b. Upon submission of this application I am required to pay a Membership Fee of $50.00 USD in full; or, if paid in part, I shall authorize NBO Investments to deduct any outstanding balance along with an added charge of 1% on the 1st of each month from the cash rewards I shall receive in the C3 INCOME GENERATRIX, to activate my membership. Bi-Annual Membership Fee of $50.00 USD will be due on the anniversary date of each year thereafter. Nb. This value may be subject to change based on current world currency rates and economic conditions.
c. It is mandatory to attend at least two Weekly Membership Meetings or Presentations per month in person or online, to be trained and updated on the Company’s proceedings.
d. It is expected that I give adequate notice of my inability to be present at any Weekly Membership Meeting or Training.
e. Having agreed to participate in the recruitment program, I will commit to following the strategies of the SIP and sign Authorization Deduction Forms permitting NBO Investments to ensure I reach my monthly enrollment growth targets to maximize my rewards in the C3 Income Generatrix.
f. There will be a mandatory deduction of ten percent (10%) from gross rewards earned in the C3 INCOME GENERATRIX; 40% that will be equally shared among participating charities; 40% that will be equally shared among participating schools and 20% to Emergency Fund.
g. Image, video and/or audio taping of NBO Investments’ meetings and conferences is strictly PROHIBITED.
h. I am encouraged by NBO Investments to keep complete and accurate records of all business dealings related to NBO Investments.
i. It is the obligation of every PET member to abide by and maintain the integrity of the Policies and Terms and Conditions. If a PET member observes another PET member committing a violation, he or she should discuss the violation directly with the violating PET member. If the PET member wishes to report such violation to NBO Investments, he or she must detail violations in writing only and mark the correspondence "Attention: Legal Department".
j. I will adhere to not being unlawful, threatening, abusive, harassing, defamatory, libelous, deceptive, fraudulent, invasive of another’s privacy, tortuous, obscene, sexually explicit or graphic, or otherwise in violation of NBO Investments’ rules or policies. Also, whilst visiting the offices or attending any events hosted by NBO Investments I will dress appropriately as required and conduct myself in a business professional manner.
3. TERMINATION POLICY
a. NBO Investments may also take actions short of termination of the Agreement, if the PET member breaches any of NBO Investments’ provisions.
b. NBO Investments may terminate a PET member from the People Empowerment Team for violation of companies’ policies and or policies of the Network Businesses and/or opportunity platforms of the SIP with after one form of verbal or written warning.
c. I may terminate my membership with 30 days prior written notice to NBO Investments.
d. Having agreed to have NBO Investments manage my network business(es), I understand that I am bound by the Terms and conditions set out in the Client Account Management Contract of Agreement.
4. BENEFICIARIES
a. I may make known to NBO Investments, a beneficiary of choice by submitting the name, contact information and relationship in the required field of this application
b. In the event of my death; NBO Investments' legal department shall contact the beneficiary to make arrangements for the transfer of my membership and investment portfolio to the beneficiary
c. NBO Investments' legal department shall request of the beneficiary to provide personal identification, a copy of my Death Certificate and any other documents as required by the governing laws of Barbados.
5. AMENDMENTS
NBO Investments reserves the right to amend the Agreement, Policies and Procedures, Terms and Conditions, its prices, products and services availability at any time without prior notice as it deems appropriate. By signing this document, a PET member agrees to abide by all amendments or modifications that NBO Investments elects to make. Amendments will be communicated to PET members through official PET member notifications such as, but not limited to, e-mail, special mailings or publications. Amendments are effective and binding upon submitting the proceeding Membership Fee or Management Fee. In the event, any conflict exists between the original documents or policies and any such amendment, the amendment will control.