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| YTB COMPENSATION PLAN |
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What is a YTB Independent Marketing
Representative?
What is a YTB Travel Network Referring
Travel Agent?
What is Your 1st Team?
What is the PowerTeam?
What is the DreamTeam?
When Are Commissions Paid?
What Are Direct Sale Commissions?
How Do I Qualify to Override?
What is the 50% Match?
How Do I Get Paid on My PowerTeam?
How Do I Get Paid on My DreamTeam?
How Do I Qualify for the Leadership
Bonus?
How Do I Earn the $10,000 Dream Bonus?
YTB IMR Director Bonus Program
YourTravelBiz.com - IMR Bill of Rights |
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What is a YTB Independent Marketing
Representative?
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A person who has signed an Independent Marketing
Representative agreement with yourTravelBiz.com is
called a Representative. (We will use the term “Rep”
from now on).
- They can sell On-Line Travel Agencies,
enroll RTAs, and sponsor other Reps.
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They earn commission on personal On-Line
Travel Agency sales.
- They can earn
overrides on On-Line Travel Agency sales made by
Reps on their teams.
- They do not receive
travel credentials and cannot sell travel.
Unless fully contracted with YTB Travel Network
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What is a YTB Travel Network
Referring Travel Agent? top |
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A Referring Travel Agent (RTA) is a person who has
purchased an On-Line Travel Agency in an agreement
with YTB Travel Network and pays the $49.95 monthly
fee for the personalized website and its “Back
Office”. (We will use the term “RTA” from now on).
RTA’s simply refer people to their website (On-line
Travel Agency) to book travel and can earn
commissions on travel booked through their
personalized site or by direct referral.
Building a team of Reps is more easily
accomplished if you understand the
pre-determined structure provided by YTB. There
are 3 total teams as defined below:
- The “1st Team”
- The “PowerTeam”
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The “DreamTeam”
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What is Your 1st Team?
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Your 1st Team is made up of personally sponsored
Reps plus the Reps they sponsor and so on. When you
are qualified to override by having 4 active
personally enrolled On-Line Travel Agencies (RTAs)
(your own On-Line Travel Agency can count as one),
you will earn a 50% match of the
commissions earned by all personally sponsored 1st
Team Reps. Your 1st Team is considered complete when
you:
- Personally sponsor 3 or more Reps and
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Have 6 active RTAs enrolled (On-line Travel
Agencies paying $49.95 monthly fee) by you
and/or your 1st Team Reps
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What is the PowerTeam?
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Once your 1st Team is complete, you qualify to start
your PowerTeam with additional personally sponsored
Reps. Your PowerTeam includes the 1st Team of every
Rep in your PowerTeam through infinity.
Example: Mary qualifies to start her PowerTeam
and personally sponsors Eric. Eric’s personally
sponsored 1st Team members are Josh, Sarah, and
Amy who personally sponsor at least 3 Reps each
(9 total). If those 9 each personally sponsor 3
Reps, there would be 27 additional reps in
Mary’s PowerTeam. All 40 of these Reps, and ALL
additional Reps sponsored into subsequent 1st
Teams, are in Mary’s PowerTeam (this continues
through Infinity).
Remember, the 1st Team of every Rep in your
Power Team is not complete until there are 3 or
more personally sponsored Reps and a total of 6
active On-Line Travel Agencies (RTAs paying the
$49.95 monthly fee) sold by them and their 1st
Team Reps. Every sale that is made by any of
these 1st Team Reps is considered a PowerTeam
sale for you and commissionable to you.
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What is the DreamTeam?
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When one of your PowerTeam Reps (regardless of
depth) starts a PowerTeam, that PowerTeam becomes a
1st Generation DreamTeam to you. When a 1st
Generation DreamTeam Rep starts a PowerTeam
(regardless of depth), that PowerTeam becomes a 2nd
Generation DreamTeam to you. This continues through
six (6) generations of PowerTeams and comprises your
DreamTeam. |
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When Are Commissions Paid?
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Every new sale (On-line Travel Agency) that is
entered into the system by 12 (Midnight) Eastern
Time Zone on Thursday will be paid Friday of the
following week. This includes $50 Direct Sale
Commissions, $50 PowerTeam Commissions, all
DreamTeam Commissions, the 50% Match of your
personally sponsored Rep’s Commissions and the $1000
LeaderShip bonuses. Residual commission is paid on
the 20th of the following month. |
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What Are Direct Sale Commissions?
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Reps earn $50 for every personal On-Line Travel
Agency sale they make regardless of whether or not
they are qualified to override. Once they have
qualified to start their PowerTeam, they also
receive the $50 PowerTeam Commission (if qualified
to override) on all additional personal On-Line
Travel Agency sales. |
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How Do I Qualify to Override?
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You qualify to earn override compensation by making
4 personal On-line travel Agency sales and your own
purchase can be counted as one. You will continue to
be qualified as long as you maintain at least 4
personally sold YTBnet Subscribers. A YTBnet
Subscriber is an RTA who is paying the $49.95
monthly fee for their On-line Travel Agency. Once
you are qualified to override, you will earn a 50%
Match of the commissions earned by the personally
sponsored Reps in your 1st Team. |
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What is the 50% Match?
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This is calculated by multiplying the commissions
earned by your personally sponsored Reps by 50%. If
one of your personally sponsored Reps earns $1,000,
another earns $2,000 and a third earns $5,000 in
commissions ($8,000 total), then your 50% Match
would be $4,000. The 50% Match includes Direct Sale
Commission, PowerTeam Commission, DreamTeam
Commission and all Residual Commission. The
Leadership Bonus, Dream Bonus, and 50% Match are not
included. Home-based travel sellers are the fastest
growing segment of the travel agency community. With
the large and mid-sized companies laying off people
and cutting back, corporate America is no longer a
stable place to be. Everyone is looking for a
home-based business that can be the high performance
vehicle that takes them into the future along with
big time savings in tax advantages. YTB is going to
be YOUR home-based business vehicle! |
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How Do I Get Paid on My PowerTeam?
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- $50 PowerTeam Commission —
You earn $50 on ALL On-Line Travel Agency (RTA)
sales made by Reps in your PowerTeam.
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$100 on personal On-Line Travel Agency
sales — You receive the $50 PowerTeam Commission
in addition to the $50 Direct Sale Commission on
all new personal sales once you have qualified
to start your PowerTeam.
- 50%
Match — You earn a 50% match on the
commissions earned by personally sponsored
PowerTeam Reps. If they make a personal On-Line
Travel Agency sale and earn $50 Direct Sale
Commission, you earn a 50% Match of $25 plus the
$50 PowerTeam Commission for a total of $75.
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4% PowerTeam Residual
— RTAs pay $49.95 per month for
their On-Line Travel Agency and
business building tools. The
PowerTeam Leader who receives
the initial $50 PowerTeam
Commission will also receive a
4% residual commission ($2) on
all On-Line Travel Agency
renewals of $49.95.
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Bonuses
— see YTB LeaderShip and
Dream Bonuses.
Note: You must be qualified to
override in order to receive any of the
PowerTeam Commissions, Residuals, or Bonuses
described above.
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How Do I Get Paid on My DreamTeam?
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- 1st Generation — Your
DreamTeam begins when a Rep in your PowerTeam,
regardless of who sponsored them, qualifies to
start their PowerTeam. That PowerTeam becomes
your 1st Generation DreamTeam and you earn $30
on new On-line Travel Agency sales made by those
Reps (and their PowerTeam) plus 4% Residual ($2)
commission on all On-Line Travel Agency renewals
of $49.95. If the PowerTeam Leader that starts
your 1st Generation DreamTeam is also personally
sponsored, you qualify to receive a 50% Match of
their $50 PowerTeam Commission ($25) plus your
$30 DreamTeam Commission, or a total of $55.
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2nd Generation — When a Rep in your 1st
Generation Dream Team qualifies to start their
own PowerTeam, their PowerTeam becomes your 2nd
Generation DreamTeam. You earn $20 on new sales
made by those Reps (and their PowerTeams) plus
4% Residual ($2) commission on all On-Line
Travel Agency renewals of $49.95.
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3rd Generation — 3rd Generation
DreamTeams are started when a 2nd Generation
DreamTeam Rep qualifies to start their own
PowerTeam. You earn $10 on new sales made by
those Reps plus 4% Residual ($2) commission on
all On-Line Travel Agency renewals of $49.95.
- 4th, 5th & 6th Generation —
yourTravelBiz.com has a total of 6 Generations
of DreamTeams that pay overrides. On your 4th,
5th and 6th Generation DreamTeams you earn $5 on
all new sales plus 2% Residual ($1) commission
on all On-Line Travel Agency renewals of $49.95.
Note: You must be qualified to
override in order to receive any of the
DreamTeam Commissions and Residuals described
above. There can be multiple PowerTeams in each
DreamTeam Generation.
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How Do I Qualify for the Leadership
Bonus?
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Once you qualify to start your PowerTeam, you have
unlimited time to earn your $1,000 Leadership
Bonuses. The first is earned when the total active
On-Line Travel Agencies sold by your PowerTeam
reaches 6 or more at the end of any weekly pay cycle
(12 Midnight Thursday Eastern Time Zone).
LeaderShip Bonuses will be paid WEEKLY on Friday of
the following week for any Pay Cycle where the
Active PowerTeam Enrolled RTA total reaches 6, 12,
18, 24 or 30. There is NO TIME LIMIT
to receive these bonuses. Once you accumulate 30
Active PowerTeam Enrolled RTAs you start back at
zero and receive the bonuses when your Active
PowerTeam Enrolled RTAs again reaches 6, 12, 18, 24
and 30.
Example:
If on midnight (EST) May 6, 2004 (end
of Pay Cycle) you have 5 Active PowerTeam
Enrolled RTAs, then on the following Friday (May
14, 2004) you would receive a PowerTeam
Commission of $250 (but no Bonus). If in the
following Pay Cycle that begins Friday, May 7,
2004 and ends at midnight (EST) on May 13, 2004,
you add 7 sales which brings your Active
PowerTeam Enrolled RTA total to 12, then the
following Friday (May 21, 2004) you would
receive a PowerTeam Commission of $350 plus TWO
$1,000 LeaderShip Bonuses for a total of $2,350
just from your PowerTeam! (One for each six
RTAs)
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How Do I Earn the $10,000 Dream
Bonus? top |
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When there are a total of 100 active PowerTeam
enrolled RTAs, you earn the $10,000 bonus. You can
earn multiple $10,000 Dream bonuses with subsequent
increases of 100 active PowerTeam enrolled RTAs.
Note: On-Line Travel Agencies
are considered active for the Dream Bonus if the
$49.95 YTBNet subscription fee was paid in the
pre-qualifying and/or qualifying month(s).
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YTB IMR Director Bonus Program
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Qualifications, Terms and Conditions
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INITIAL QUALIFICATION: An IMR
will qualify as a Director upon the attainment of
500 currently active RTAs sold by Director and their
IMR downline; with a maximum of 167 (1/3) from any
one leg. A Director, in order to receive Director
Benefits, must sign a Director Agreement which may
be signed at any time, but must be signed within 30
days of initial qualification.
2. MAINTAINING QUALIFICATION:
On the first anniversary date of qualifying as a
Director, and on each anniversary date
thereafter, in order to maintain qualification
as a Director, there must be at least ONE (1)
more active RTA in the Director’s
downline than the total on the previous
anniversary date. (Example: If on the Director’s
second anniversary date there were 1,867 RTAs in
the downline, the total number on the third
anniversary date must be at least 1,868 RTAs.)
3. MONTHLY DIRECTOR BONUS: A
Director participates monthly in the Directors’
Bonus Pool with other Directors. A Director
accumulates Bonus Points during a month on the
following schedule: (Pool consists of $20.00 per
each new RTA sale plus $1 per RTA monthly
payment).
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At the level of 500 RTAs
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1 Point per dollar of sales
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At the level of 2,000 RTAs
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2 Points per dollar of sales
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At the level of 5,000 RTAs
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3 Points per dollar of sales
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At the level of 10,000 RTAs
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4 Points per dollar of sales
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At the level of 25,000 RTAs
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5 Points per dollar of sales
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The Bonus for the month (“Bonus Month”) is
divisible among all Directors proportionate to
their individual total number of Points as a
percentage of the total Points accumulated by
all Directors for that month. The monthly amount
of the Director Bonus shall not be less than
$2,000 for any Director.
COMMENCEMENT OF BONUS AFTER
QUALIFICATION: The first Bonus paid to
a Director after qualification is determined as
follows:
a. The month in which an IMR qualifies as a
Director (see .1 above) is defined as the
“Pre-Qualifying” month;
b. The month following is defined as the
“Qualifying Month,” during which the Director
must maintain at least the minimum number of
active RTAs at the end of the month;
c. The next month is defined as the “Bonus Paid
Month,” on the 20th day of which the Director
will share in the total Director Bonus divisible
among all Directors based on the Points
accumulated the previous month (See .3 above).
DIRECTOR CHALLENGE
4. ACHIEVEMENT LEVEL BONUS: At
time of receipt of Bonus, Director is eligible
for the following bonuses upon the achievement
of the following number of active RTAs at a
month’s end sold by Director and their IMR
downline:
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At the level of 2,000 RTAs
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$50,000 Bonus |
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At the level of 5,000 RTAs
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$100,000 Bonus |
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At the level of 10,000 RTAs
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$250,000 Bonus |
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At the level of 25,000 RTAs
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$1,000,000 Bonus |
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Total Bonus
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$1,400,000 |
The Stock purchased will be subject to the SEC
Rule 144 for restricted securities.
This Agreement is not an offer to sell nor a
solicitation to buy YTBI stock. Stock in YTBI
will be offered to Directors only by Private
Placement Memorandum pursuant to SEC
Regulation D.
5. GROUP HEALTH AND LIFE INSURANCE
BENEFITS: A Director will receive the
following benefits and options:
a. YTB will furnish upon Director request, group
health benefits at no cost to the Director,
guaranteed issue, which will commence on the
first day of the month following the Qualifying
Month. The Director may elect to pay for group
health benefits for family or business partner,
and the cost of such additional coverage will be
deducted from the Director’s Bonus.
b. YTB will furnish upon Director request, a
$100,000 life insurance policy at no cost to the
Director, which will commence on the first day
of the month following the Qualifying Month. The
Director may elect to pay for expanded life
insurance on self, and life insurance on family
or business partner, and the cost of such
coverage will be deducted from the Director’s
Bonus.
c. The Director may further elect to pay for
self, family, and/or business partner dental
insurance, short term disability or long term
disability coverage.
6. OTHER PROVISIONS:
a. Exclusive to YTB: In order
to maintain status as a YTB Director, the
Director, spouse, family, household members, or
Director business partner are required not to
participate in any other direct sales, network
marketing or director sales company;
b. Disclosure: The Director
must fully, at all times, disclose any ongoing
residual income being received from any other
network marketing or direct sales company;
c. Event Participation: The
Director agrees to participate in up to twenty
(20) YTB meetings or events annually, at the
direction of the company;
d. Compliance: The Director
agrees to comply with the Policies and
Procedures, and Terms and Conditions of a Rep
and RTA of YTB, and to remain in good standing;
e. Materials and Presentations:
All materials and presentations relating to YTB
and Your Travel Network must be company
pre-approved.
f. Charging of Fees: YTB
disallows the Director from charging any fees,
tuition, or purchases of any events or materials
without prior company approval;
g. IMR status: The Director
shall maintain the status of a YTB IMR in good
standing.
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YourTravelBiz.com - IMR Bill of
Rights top |
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Pursuant to the Terms and Conditions of the
Independent Marketing Representative Agreement
contractually binding YourTravelBiz.com, Inc. and
its Independent Marketing Representative
YourTravelBiz.com has the right to issue Policies
and Procedures which, when published to the
Independent Marketing Representative of the company
become binding provisions of the Independent
Marketing Representative Agreement, binding both the
Independent Marketing Representative and
YourTravelBiz.com. Pursuant to the foregoing
authority granted to it in the Independent Marketing
Representative Agreement, YourTravelBiz.com does
hereby publish this INDEPENDENT MARKETING
REPRESENTATIVE BILL OF RIGHTS which shall
become a provision in the Independent Marketing
Representative agreements both heretofore and
hereafter entered into between YourTravelBiz.com and
its Independent Marketing Representative, effective
this 1st day of September 2005.
PREAMBLE
Since the beginnings of modern era network
marketing over 50 years ago, and continuing
through the present date, it has been the
promise of network marketing that when an
Independent Marketing Representative builds a
sales organization from which they derive a
residual monthly income that, having built a
sales organization and having become entitled to
residual income from their personal sales and
from the sales of their downline
organization, the Independent Marketing
Representative will continue to receive the
fruits of their labor by way of continuing
receipt of residual commission income.
This “promise” has yet to be fulfilled by any
company in the network marketing industry. The
intervening events which keep this promise from
being kept by network marketing companies, and
benefited from by their Independent Marketing
Representatives, are many and varied and include
events such as cessation of network marketing,
corporate bankruptcy, sale of the corporate
business, sale of the revenue streams generating
residual commissions, and the outright
termination of residual commissions by the
company.
The results of such intervening events to
Independent Marketing Representative and their
families are often calamitous, causing serious
economic consequences to the Independent
Marketing Representative and their families and
sometimes the destruction of families.
YourTravelBiz.com is firmly resolved that its
present and future Independent Marketing
Representative shall not suffer such
consequences and that for the first time in the
network marketing industry a network marketing
company, YourTravelBiz.com, shall keep the
promise to its Independent Marketing
Representative of uninterrupted residual
commissions.
Pursuant to this firm resolution
YourTravelBiz.com adopts and implements the
following Bill of Rights for its present and
future Independent Marketing Representative.
- This Policy and Procedure is not subject to
future modification by YourTravelBiz.com, its
heirs, successors and assigns.
- The term “residual commissions” shall mean
those commissions and the amounts thereof
currently earned as of September 1, 2005.
- YourTravelBiz.com shall not, ever, reduce
the IMR residual commissions in effect on
September 1, 2005.
- So long as they are commission qualified
pursuant to the YourTravelBiz.com Compensation
Plan, present and future Independent Marketing
Representatives of YourTravelBiz.com shall be
deemed to have fully and unconditionally earned
all residual commissions upon the monthly
revenues paid by RTAs established by themselves
and by Independent Marketing Representatives in
their commissionable downline, subject only to
future monthly payments being made by the RTAs
commissionable to them.
- No present or future Independent Marketing
Representative of YourTravelBiz.com may be
divested of the foregoing right to receive
residual commissions except upon the voluntary
termination of their Independent Marketing
Representative status, or their involuntary
termination as a Independent Marketing
Representative for cause and pursuant to the
procedures of YourTravelBiz.com in connection
with the involuntary termination of Independent
Marketing Representative status for cause.
- No cessation of network marketing sales,
bankruptcy proceedings, or sale or assignment of
the right to receive future RTA monthly
revenues, or other act or occurrence whatsoever,
shall be deemed to defeat or otherwise be
superior to the right of the present and future
Independent Marketing Representative of
YourTravelBiz.com to receive residual
commissions as set forth herein.
- No fee, purchase or renewal of Independent
Marketing Representative status shall ever be
required of present and future Independent
Marketing Representative of YourTravelBiz.com as
a condition of their receipt of future residual
commissions.
- In order to further secure, provide and
protect the rights of its present and future
Independent Marketing Representative to receive
residual commissions as set forth in this Policy
and Procedure, YourTravelBiz.com has filed with
the offices of the Secretary of States of
Illinois, and of New Jersey, a UCC-1 Financing
statement securing to all present and future
Independent Marketing Representatives of
YourTravelBiz.com their residual commissions
upon future RTA monthly payments.
Dated this 1stth day of September, 2005.
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Copyright © 2009
- 2010, YTB Playground.
All Rights Reserved |
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