*Effective July 2008 1  2  3  4  5  6  7  8

7. SMART PRESIDENTIAL DIRECTOR BONUS 3%+1%

a. Year End Bonus 3%

1)
You must be a qualified Smart Presidential Director (SPD) who sponsors three (3) Direct or Indirect qualified Presidential Director (PD) from 3 different groups.

2)
You will be entitled to unlimited levels of 3% Year End Bonus starting from the second (2nd) block until the second level of qualified managers of the qualified Smart Presidential Director (SPD) like you.


b. Traveling Fund 1%

1)
You must be a qualified Smart Presidential Director (SPD) who sponsors three (3) Direct or Indirect qualified Presidential Director (PD) from 3 different groups.

2)
You will be entitled to unlimited levels of 1% Traveling Fund starting from the second (2nd) block until the second level of qualified managers of the qualified Smart Presidential Director (SPD) like you, subject to a maximum of RM12,000.00 per year.

3)
If your Traveling Fund has reached the cap of RM12,000.00, any excess will be returned to the pool.

4)
The Traveling Fund is non-transferable. It only can be used by the qualifier, their spouse and parents.

5)
Traveling Fund qualifiers must participate in the company organized trip. No cash will be issued in lieu of non-participation.

6)
If the trip is worth less than RM12,000.00, the company will issue the difference in the form of cash to the qualifier; however, when the cost is more than RM12,000.00, the qualifier must pay for the excess.



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