| I will actively engage in the sale of UBAH
products by selling at least $350.00 net every 3 months (rolling) in order to remain
active and I am at least 18 years of age. I understand that I have to sell at least $85.00
net within my "Training Period" or I have to pay the difference in the price
between the retail value and the amount I paid for my kit. I understand that my earnings
and success will depend upon my successful sale of UBAH products and my recruiting of
other successful consultants. I will receive earnings and rank title according to the
commission structure and information chart set forth under the UBAH guidelines. I agree
that UBAH may, at its sole discretion, revise the handbook (including provisions
concerning profits and other earnings) from time to time; my continued engagement in
selling UBAH products after such revisions constitutes my agreement to these revisions. 1.
I am a self-employed independent contractor and not an employee, representative or agent
of Usborne Books at Home or any other consultant. I understand that my spouse can sign on
this agreement or at a later date as a partner and I cannot "recruit" him or
her. I will be solely and personally responsible for all Federal, State and Local taxes on
income I receive as a UBAH consultant. My business as a UBAH consultant will be in every
respect independent of the Company’s business and of any other business, and I will
conduct it as such. 2. I agree to be bound by any amendments or additions sent to me from
time to time. I will conduct my business in accordance with the Company’s trademark
policies and advertising regulations set out in the UBAH handbook. Except for sales
literature, which UBAH sells or otherwise provides me, I will not use or otherwise display
trademarks or tradenames of UBAH in any type of advertising or literature without
UBAH’s prior written permission. I understand that UBAH is committed to ensuring that
UBAH independent salespersons establish a successful business. |
I further acknowledge that
the success of UBAH and its independent salespersons depends on direct
selling methods to consumers. Therefore, I will not sell UBAH products to or through
retail stores or other fixed commercial establishments. I will comply at all times with
reasonable instructions given to me by the Company in relation to the ordering of product
for resale for my business as an UBAH consultant. I will conduct my business as an UBAH
consultant in an ethical and honest manner and do nothing which may harm or damage the
reputation of my business or the Company, or bring the Company into disrepute. I will not
make any claims for the Company’s products or business which are not set out in the
Company’s literature or directions. 3. I may terminate this agreement at any time by
giving the Company ten (10) days written notice. Where written notice of termination is
given, the Company will buy back product of marketable inventory within twelve months of
the salesperson’s date of purchase at not less than 90% of the salesperson’s
original net cost less appropriate set-offs and legal claims, if any, which was purchased
by that salesperson for resale prior to the date of termination of the salesperson’s
business relationship with the Company. Products shall not be considered for return if not
commercially marketable; or if the Company clearly discloses prior to purchase that the
products are seasonable, discontinued or special promotion products and are not subject to
the repurchase obligation. Your rights are subject to the Company’s right to require
the payment of all sums paid or credited to you as a bonus in respect of any such product.
4. I may sponsor other prospective UBAH consultants according to the information chart in
the UBAH handbook. 5. The Company may terminate this agreement immediately if there is a
breach, violation or a default of any provisions in this agreement. The agreement is
automatically terminated upon my death, insolvency or bankruptcy. |