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*Effective July 2008 |
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| 7.
SMART PRESIDENTIAL DIRECTOR BONUS 3%+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 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. |
| 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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