As a New Affiliate of PHBworx International Inc., I understand and agree to the following:
1. I am of legal age upon entering into this Distributorship Agreement; otherwise, I will submit a parental consent waiver together with this agreement; 2. This application shall constitute a binding agreement between me and PHBworx International Inc. upon receipt and due approval of the Company; 3. I fully understand that this Affiliate Agreement is personal in nature and is neither transferrable nor assignable except in the event of my death, where law on intestate succession applies, however, subject to existing Company’s policy on qualification as Independent Affiliate; 4. I attest that I personally participated and was personally presented with the PHBworx Business Opportunity prior to using and selling the PHBworx products and its merchants; 5. As a PHBworx Independent Affiliate, I can now engage in the use, promotion and direct selling of its products and service. Further, it is hereby understood that as an Independent Affiliate of PHBWORX, no required minimum inventory that I need to maintain in order to sustain my status as an Independent Affiliate. 6. I shall be eligible to sales bonuses, discounts, and privileges that may be granted by the company relative to my sales performance or successful delivery of products. Relevant to my sales activity,
I further understand that sales bonuses, rebates and/or commissions are in accordance with the compensation scheme established in the PHBworx International Inc. Compensation Plan, provided, that I have achieved such; sales performance in good faith, and that I have not violated any of the provisions of the Affiliate Agreement, Code of Ethics, and Company Policies;
7. This Affiliate Agreement limits a no employee – employer relationship between me and PHBworx International Inc.; neither that I may claim to be a legal representative of PHBworx International Inc., nor bind PHBworx International Inc. in any agreements other than those stipulated herein; 8. As Independent Affiliate, I am bound to abide the Company’s rules and regulations, and faithfully uphold the Code of Conduct and Ethical Standard. Should I commit any form of violation, and be subjected to the necessary sanctions and penalties as provided in the Code of Conduct and Ethical Standard, I voluntarily release PHBworx International Inc. from any liabilities these sanctions and penalties may cause as a consequence; 9. I understand that I should secure an express written approval from the management of PHBworx International Inc. or any of its authorized representative prior to making any form of advertisement in mainstream media, social networking sites, internet, and online media, including, but not limited to audio, visual and printed materials, other than the Company’s existing advertisement and marketing materials and postings on its official website and official social media pages; 10. I am aware that making any misrepresentations, revisions, modifications, or alterations of the Company’s trademark, brand, logos, marks, compensation plan, products, advertisement, marketing materials, and other company provided marketing tools, is strictly prohibited. Otherwise, it shall be deemed violation of the Company’s rules, regulations and policies; 11. As a general rule, should my spouse join PHBworx International Inc. as an Independent Affiliate, he/she shall automatically be under my sales team. Otherwise, this shall constitute violation of the Cross-lining provision as defined on the Code of Conduct and Ethical Standard; 12. I shall diligently settle to the designated government agency/local government unit all due taxes from the taxable sales bonuses I have earned from PHBworx International Inc. 13. I am aware that an existing Distributor who has been a distributor for at least 12 months, and who has not purchased any PHBworx Products for a minimum of twelve(12) months, from the Company or from any other Distributors, and has not received any other payments from a PHBworx Distributor is considered inactive and will be considered terminated. An inactive distributor for six (6) months may be considered for responsoring. 14. I fully understand that any manipulation/misuse of the Marketing Plan/Platform (i.e. kamada) of the system is a ground for my immediate termination 15. I am fully aware that the PHBworx International Inc. reserves the right to modify, revise, and update its existing policies and compensation plan for the best interest of the company and its Distributors with 30 days prior notice; 16. I conform to conduct all my sales activities in accordance with the existing laws of the Republic of the Philippines and release PHBworx International Inc. from any liability arising from my own personal actions; I hereby certify that the above information are true and correct to the best of my knowledge. In case of any violation of the terms and conditions herein stipulated, I hereby agree and authorize PHBworx Inc. to revoke, deactivate, and/or suspend my privileges as Independent Distributor without prejudice to any charges, criminal and/or civil, that PHBworx International Inc. may charge against me, without limitation to any false information I have provided herein. I fully understand and further confirm this authority that I am conferring PHBworx International Inc. to do so is with my own free will and volition, without any force, intimidation or undue influence employed upon me.