Friday, June 15, 2007

ITV Ventures Bonuses and Commissions

7.1 — Bonus and Commission Qualifications
A Representative must be active and in compliance with the Agreement to qualify for bonuses and commissions. So long as a Representative complies with the terms of the Agreement, ITV shall pay commissions to such Representative in accordance with the Marketing and Compensation plan. The minimum amount for which ITV will issue a check is $5.00. If a Representative’s bonuses and commissions do not equal or exceed $5.00, the Company will accrue the commissions and bonuses until they total $5.00. A check will be issued once $5.00 has been accrued.
7.2 — Adjustment to Bonuses and Commissions
7.2.1 — Adjustments for Returned Products
Representatives receive bonuses and commissions based on the actual sales of products to end consumers. When a product is returned to ITV for a refund or is repurchased by the Company, the bonuses and commissions attributable to the returned or repurchased product(s) will be deducted, in the month in which the refund is given, and continuing every pay period thereafter until the commission is recovered, from the Representatives who received bonuses and commissions on the sales of the refunded products.
7.2.2 — Other Deductions
ITV will deduct from all bonus and commission checks a data processing fee for Matrix genealogy reports sent to Representatives. The fee is $3.00 for the first page and $.25 for each additional page sent to the Representative.
7.3 — Unclaimed Commissions and Credits
Representatives must deposit or cash commission and bonus checks within six months from their date of issuance. A check that remains uncashed after six months will be void. After a check has been voided, ITV will attempt to notify a Representative who has an uncashed check by sending a monthly written notice to his or her last known address identifying the amount of the check and advising that the Representative can request that the check be reissued. There shall be a $15.00 charge for reissuing a check, and a $10.00 fee for each notice that is sent to the Representative. These charges shall be deducted from the balance owed to the Representative.
Customers or Representatives who have a credit on account must use their credit within six months from the date on which the credit was issued. If credits have not been used within six months, ITV shall attempt to notify the Representative or customer on a monthly basis, by sending written notice to the last known address, advising the Representative or customer of the credit. There shall be a $10.00 charge for each attempted notification. This charge shall be deducted from the Representative’s or customer’s credit on account.
7.4 — Online Activity Reports
All information provided by ITV in online activity reports, including but not limited to Personal Volume (or any part thereof) and Matrix sponsoring activity, is believed to be accurate and reliable. Nevertheless, due to various factors including the inherent possibility of human and mechanical error; the accuracy, completeness, and timeliness of orders; denial of credit card and electronic check payments; returned products; and credit card and electronic check charge—backs – the information is not guaranteed by ITV or any persons creating or transmitting the information.
ALL (“WDV”) INFORMATION IS PROVIDED "AS IS" WITHOUT WARRANTIES, EXPRESSED OR IMPLIED, OR REPRESENTATIONS OF ANY KIND WHATSOEVER. IN PARTICULAR, BUT WITHOUT LIMITATION, THERE SHALL BE NO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR USE, OR NON—INFRINGEMENT.
TO THE FULLEST EXTENT PERMISSIBLE UNDER APPLICABLE LAW, ITV AND/OR OTHER PERSONS CREATING OR TRANSMITTING THE INFORMATION WILL IN NO EVENT BE LIABLE TO ANY REPRESENTATIVE OR ANYONE ELSE FOR ANY DIRECT, INDIRECT, CONSEQUENTIAL, INCIDENTAL, SPECIAL OR PUNITIVE DAMAGES THAT ARISE OUT OF THE USE OF OR ACCESS TO PV INFORMATION (INCLUDING, BUT NOT LIMITED TO, LOST PROFITS, BONUSES, OR COMMISSIONS, LOSS OF OPPORTUNITY, AND DAMAGES THAT MAY RESULT FROM INACCURACY, INCOMPLETENESS, INCONVENIENCE, DELAY, OR LOSS OF THE USE OF THE INFORMATION), EVEN IF ITV OR OTHER PERSONS CREATING OR TRANSMITTING THE INFORMATION SHALL HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. TO THE FULLEST EXTENT PERMITTED BY LAW, ITV OR OTHER PERSONS CREATING OR TRANSMITTING THE INFORMATION SHALL HAVE NO RESPONSIBILITY OR LIABILITY TO YOU OR ANYONE ELSE UNDER ANY TORT, CONTRACT, NEGLIGENCE, STRICT LIABILITY, PRODUCTS LIABILITY OR OTHER THEORY WITH RESPECT TO ANY SUBJECT MATTER OF THIS AGREEMENT OR TERMS AND CONDITIONS RELATED THERETO.
Access to and use of ITV’S online activity reporting services and your reliance on the information contained therein is at your own risk. All such information is provided to you "as is". If you are dissatisfied with the accuracy or quality of the information, your sole and exclusive remedy is to discontinue use of and access to ITV’S online activity reporting services and your reliance on the information.

For More Information or to Watch The Opportunity Presentation click here: http://www.itvventures.com/sarah_tapp

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