Page 55 - SG_English HandBook

Glossary of Defined Terms

Rescission of Refers to a situation when a legal or contractual right to terminate the contract arises after the
Agreement formation of a legal relationship, the party with the right to rescind the contract may do so and render
the contract void and invalid.

Termination of Refers to a situation when a legal or contractual right to terminate the contract arises after the
Agreement formation of a legal relationship, the party with the right to terminate the contract may do so and
render the contract invalid after termination (the validity of the contract before termination is not
affected).

Incentivized Programs Refers to the incentive programs or activities organized by the company such as domestic and overseas
incentive tours, lectures, and banquets which are not within the Compensation Plan.

Commission Refers to the remuneration paid to Independent Distributors by the Company based on the total
number of products sold by the Independent Distributors and their organizations in compliance with all
provisions of the Compensation Plan. The Commission is paid on a monthly basis.

Compensation Plan Refers to the Company's policies and requirements for the payment of commission to Independent
Distributors.

Direct Selling Refers to the multi-level business model of upline and downline system, developed by the Independent
Distributors based on the Company’s Business Handbook. The upline and downline organizations
including all their rights belong to the Company.

Title Advancement Refers to promotion from one level to a higher level.

Concurrent Advancement Refers to promotion at the same time for the upline and downline within the same organization.

Pin Title Pin Title in Chinese Pin Title in English Simplified Pin Title Pin Title Abbreviation
in Chinese in English
專員 Consultant 專員 C

經理 Manager 經理 M
區域經理 Area Manager 區經 AM
高級區域經理 Area Manager Plus 高區 AM +

區域總經理 Area General Manager 區總 AGM
超級領袖 Nefful Executive Top Leader 領袖 NET

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