These Terms and Conditions, in their present form and as amended at the sole discretion of VEDACURE LABS. (Hereafter "VEDACURE" or the "Company"), are incorporated into, and form an integral part of, the VEDACURE Independent Business Associate Agreement. Throughout these Terms and Conditions, when the term "Agreement" is used, it collectively refers to the VEDACURE Independent Business Associate Application and Agreement with the VEDACURE Policies and Procedures, the VEDACURE Marketing and Compensation Plan Document.
These documents are incorporated by reference into the VEDACURE Independent Business Associate Agreement (all in their current form and as amended by VEDACURE). It is the responsibility of each Business Associate to read, understand, adhere to, and ensure that he or she is aware of and operating under the most current version of the Agreement.
It is your duty and responsibility to be familiar with your rights and obligations under these Terms and Conditions.
These Terms and Conditions disclose policies that relate to your enrollment as a distributor. The entire Agreement governs the manner in which you transact your business with VEDACURE and conduct your business as an independent Business Associate. It also governs the manner in which you conduct your VEDACURE business in relationship to your personal business prospects, down line organization, personal customer prospects and personal customers. VEDACURE reserves the right to change, at its discretion, any of these Terms and Conditions to accommodate evolving business needs. It is your responsibility to read them periodically to stay abreast of any such changes.
Please read these terms and conditions carefully. By accessing the website, logging into your Cyber Office or accepting commissions you agree to be bound by the following Terms and Conditions and the entire Agreement. If you do not accept any of these Terms and Conditions, in whole or in part, you must immediately terminate your business relationship with VEDACURE.
1. BECOMING A VEDACURE BUSINESS ASSOCIATE
a. Submit a properly completed Application and Agreement to VEDACURE either in hard copy or online format.
b. Any person of legal age in their country (or 18 years old and above) can be a VEDACURE distributor.VEDACURE reserves the right to accept or reject any Application without providing explanation or reason. VEDACURE also reserves the right not to entertain any appeal in cases of rejection.
c. Upon confirmation as a VEDACURE distributor, a person shall not act as an authorized representative, agent, partner, joint venture participant or employee of VEDACURE in any transaction, nor have any expressed, implied or extensible authority to bind or make any expressed or implied representation or warranty on behalf of the Company, without its expressed written consent. All applications should be sponsored by an existing distributor.
d.VEDACURE Business Associates are authorized to purchase products from VEDACURE and refer new Business Associates or Customers to VEDACURE in accordance with the Agreement.
e. VEDACURE Business Associates are eligible to receive commissions and/or bonuses in accordance with the VEDACURE Compensation Plan as expressed in company literature/website. Business Associates are responsible for paying all taxes, tariffs, shipping fees applicable in their respective locales.
g. A VEDACURE distributor may enroll as an individual or as a corporate entity.
f. Joining as a VEDACURE distributor no fee is required to be paid.
2. BONUS PAYMENTS
Bonus for all distributors is computed weekly basis and commensurate with the business done in the relevant week .Pay outs will be issued by the company to the registered distributors .On receipt of weekly payout distributor should check accuracy of computation and any queries in this respect should be made within a week from the date of issuance of payout by company .In the absence of such queries the figures mentioned in the statement shall be final and binding. Distributors are required to provide their address and bank particulars and update the same as and when any changes takes place. Company shall not be liable for non -receipt of payouts due to change in address e-mail id, or bank particulars.
3. PROCEDURES FOR DEALING WITH INSTANCES OF VIOLATION
The company provides guidance and advice to deal with situations involving breaches and violation of its policies and these rules and regulations. The company shall also take appropriate action against the distributor(s) involved .In the event of any violation, the following procedure needs to be observed.
A complaint has to be lodged immediately upon coming to know about violation of any and all policies, rules and regulations. The complaint must fill in the customer feedback form by giving details of the alleged violation; also he/she requires to inform his /her up-line distributor about the complaint.
Upon receiving the complaint company shall immediately notify the distributor involved and in case of inadequate information the company may take its appropriate action if company is convinced that the only way to restore normalcy is to suspend or terminate distributorship it shall convey its decision by writing a letter to distributor concerned .The letter shall be posted through registered mail/courier in the address as maintained in company’s database .The company reserves the right to take necessary action against the terminated distributor including seeking compensation ,recovery ,damages and legal costs incurred if any .However the company’ s reserves the right to amend or modify any part of the above decision if and when such a need is felt by company.
4. CROSS SPONSORING:
Cross sponsoring, cross recruiting and cross line jumping are prohibited as per the company's terms and conditions and the Business associate agreement. "Cross sponsoring" means soliciting a Business Associate or any closely related person or entity into a down-line organization different from the existing down-line for that Associate, or a closely related person or entity. "Cross jumping" means an Associated or any closely related person or entity voluntarily taking a business that is not in the same down-line organization as the one in which the Business Associate first was placed. "Closely related person or entity" is any person in the household of the Business Associate [e.g. Spouse, Son, Daughter, Parents living in the same household] or any Legal entity which is controlled by the Business Associate.
Once a VEDACURE Application and Agreement has been accepted by VEDACURE LABS, the benefits of the Marketing and Compensation Plan and the Agreement are available to the new distributor. These benefits include the right to Sell VEDACURE products and develop a personal retail sales customer base.
Participate in the VEDACURE Marketing and Compensation Plan (receive bonuses and commissions, if eligible);Enroll Preferred Customers or sponsor other individuals as Business Associates into the VEDACURE business and thereby, build a marketing organization and progress through the VEDACURE Marketing and Compensation Plan; Receive periodic VEDACURE literature and other VEDACURE communications.
Participate in VEDACURE-sponsored support, service, training, motivational and recognition functions, upon payment of appropriate charges, if applicable; and Participate in promotional and incentive contests and programs sponsored by VEDACURE for its Business Associates.
6. PRODUCT RETURN AND EXCHANGE POLICY:
In case of any dissatisfaction, manufacturing or packaging defect, retail customers can return/exchange the product to/from the distributor from whom they have purchased the same, within 30 days from the date of purchase. They have to provide a good reason and return the said products along with the original customer order receipt copy. In case of retail customers request for money refund or replacement of products, it is the distributor’s obligation to satisfy the customer’s needs. Seal/protection on the product must be kept unbroken. Thereafter, the distributor can exchange the products from the Company within 30 days from the date of invoice and must submit the following at the time of exchange: