MINTBUILDER TERM & CONDITIONS
1. Authorization and Contract. By executing the MintBuilder Agreement (“Member Agreement”), you apply for legal authorization to become a MintBuilder Member and enter into contract with Mint Builder, LLC, hereinafter “MintBuilder.” You acknowledge that prior to signing you have received, read and understood the MintBuilder Income Disclosure Statement, which are incorporated into this Agreement and made part of it as if restated in full, as posted on our site, and that you have read and agree to all terms set forth in this Agreement. MintBuilder reserves the right to reject any application for any reason within 30 days of receipt.
2. Expiration, Renewal, and Termination. The term of this Agreement is month to month. If you fail to renew your MintBuilder Membership, or if it is canceled or terminated for any reason, you understand that you will permanently lose all rights as a Member. You shall not be eligible to purchase at member pricing or sell MintBuilder services nor shall you be eligible to receive commissions, bonuses, or other income resulting from the activities of your former sales organization. In the event of cancellation, termination or nonrenewable, you waive all rights you have, including but not limited to property rights, to your former organization and to any bonuses, commissions or other remuneration derived through the sales and other activities of your former organization. MintBuilder reserves the right to terminate all Member Agreements upon 30 days’ notice if the Company elects to: (1) cease business operations; (2) dissolve as a business entity; or (3) terminate distribution of its services via direct selling channels. Member may cancel this Agreement at any time, and for any reason, upon written notice to MintBuilder sent to firstname.lastname@example.org. Member cancelation must be received in writing via email or mail seven (7) days prior to any subscription payment due date. If cancelation is not received seven days prior to the next billing date billing will process and the membership will be canceled for the following month. MintBuilder may cancel this Agreement with immediate effect for any reason upon written notice by email to Member. Including reasons such as having breached any provision of this Agreement or Member has otherwise acted illegally or unethically or in a manner detrimental to MintBuilder, its reputation or goodwill. MintBuilder may also take actions short of termination of the Agreement, if MintBuilder sees such action as fitting.
3. Independent Contractor Status. You agree this authorization does not make you an employee, agent, or legal representative of MintBuilder or your Sponsoring Member. As a self-employed independent contractor, you will be operating your own independent business, buying and selling services available through MintBuilder on your own account. You have complete freedom in determining the number of hours that you will devote to your business, and you have the sole discretion of scheduling such hours. MintBuilder being a USA registered business has a legal requirement to furnish to USA residents and to the IRS (should a Member receive earnings of $600 or more) an IRS Form 1099-MISC reflecting the amount of $ income paid to you during the calendar year. It will be your sole responsibility to account for such income on your individual income tax returns.
4. Presenting the Plan. You agree when presenting the MintBuilder Compensation Plan to present it in its entirety as outlined in official MintBuilder materials, emphasizing that sales to end consumers are required to receive compensation in the form of bonuses on down line volume. In presenting the plan to prospects, you agree not to utilize any literature, materials or aids not produced or specifically authorized in writing by MintBuilder. You agree to instruct all prospective Members to review the MintBuilder Compensation Plan PDF located on our website and to review our Income Disclosure Statement located at the bottom of this document.
5. Selling the Service. You agree to make no representations or claims about any services beyond those shown in official MintBuilder literature. You further agree to sell services available through MintBuilder only in authorized territories.
6. MintBuilder’s Proprietary Information and Trade Secrets. You recognize and agree that information compiled by or maintained by MintBuilder, including Line of Sponsorship (LOS) information (i.e..., information that discloses or relates to all or part of the specific arrangement of sponsorship within the MintBuilder business including, without limitation, Member lists, sponsorship trees, and all MintBuilder Member information generated therefrom, in its present or future forms), constitutes a commercially advantageous, unique and proprietary trade secret of MintBuilder, which it keeps as proprietary and confidential and treats as a trade secret. During the term of your contract with MintBuilder, MintBuilder grants you a personal, non-exclusive, non-transferable and revocable right to use trade secret, confidential, and proprietary business information (Proprietary Information), which includes, without limitation, LOS information, business reports, service developments, and Member sales, earnings and other financial reports to facilitate your MintBuilder business.
7. Non-Solicitation Agreement. You agree that during the period while you are a Member, and for one calendar year following resignation, non-renewal, or termination of your business, aside from your own personally sponsored Members you will not encourage, solicit, or otherwise attempt to recruit or persuade any other Member to compete with the business of MintBuilder. MintBuilder considers this action Cross line promoting and has a zero tolerance policy leading to immediate termination of your membership and membership privileges.
8. Images / Recordings / Consents. You agree to permit MintBuilder to obtain photographs, videos, and other recorded media of you or your likeness. You acknowledge and agree to allow any such recorded media to be used by MintBuilder for any lawful purpose, and without compensation.
9. Modification of Terms. The terms of this Agreement may be modified and publication on our site or in the MintBuilder Back Office is notice of such modification/s.
10. Jurisdiction and Governing Law. The formation, construction, interpretation, and enforceability of your contract with MintBuilder as set forth in this Member Agreement and any incorporated documents shall be governed by and interpreted in all respects under the laws of the State of Florida without regard to conflict of law provisions. Louisiana residents: notwithstanding the foregoing, Louisiana residents may bring an action against Mint Builder, LLC with jurisdiction and venue as provided by Louisiana law.
11. Dispute Resolution. All disputes and claims relating to MintBuilder, its services, the rights and obligations of a Member and MintBuilder, or any other claims or causes of action relating to the performance of either a Member or MintBuilder under the Agreement shall be settled totally and finally by arbitration in Sarasota, Florida, or such other location as MintBuilder prescribes, in accordance with the Federal Arbitration Act and the Commercial Arbitration Rules of the American Arbitration Association, except that all parties shall be entitled to discovery rights allowed under the Federal Rules of Civil Procedure. This agreement to arbitrate shall survive any termination or expiration of the Agreement. Nothing in the Agreement shall prevent MintBuilder from applying to and obtaining from any court having jurisdiction a writ of attachment, garnishment, temporary injunction, preliminary injunction, permanent injunction or other equitable relief available to safeguard and protect its interest prior to, during or following the filing of any arbitration or other proceeding or pending the rendition of a decision or award in connection with any arbitration or other proceeding.
12. Time Limitation. If a Member wishes to bring an action against MintBuilder for any act or omission relating to or arising from the Agreement, such action must be brought within one year from the date of the alleged conduct giving rise to the cause of action. Member waives all claims that any other statutes of limitations apply.
13. Refunds and Product Returns on resale. You agree that if you resell products directly to a customer, you will adhere to MintBuilder’s refund policy (found on our site and incorporated herein) and shall provide the customer a refund of monies paid if the customer returns any product to you within fourteen (14) days of the sales transaction in the same manner as the MintBuilder policy.
14. Miscellaneous. If any provision of the Agreement is held to be invalid or unenforceable, such provision shall be reformed only to the extent necessary to make it enforceable, and the balance of the Agreement will remain in full force and effect. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one instrument. The provisions of this Agreement, including all documents incorporated herein by reference, embody the whole agreement between you and MintBuilder and supersedes any prior agreements, understandings and obligations between you and MintBuilder concerning the subject matter of your contract with MintBuilder.
15. Montana residents: A Montana resident may cancel his or her Member Agreement within 15 days from the date of enrollment.
16. Notice of Right to Cancel. You may request a refund on your enrollment fee and initial order if it’s done within fourteen days from the date of enrollment. If you cancel, any enrollment fees paid will be returned within TEN BUSINESS DAYS following receipt by the seller of your cancellation notice and the return of the initial physical product (if any) purchase, less a 10% administration fee. To cancel this transaction, send a written notice to email@example.com, not later than midnight of the fourteenth business day following the date of this Agreement.
17. Your business center is willable and transferrable.
The MintBuilder Compensation Plan is an exciting opportunity that rewards you for selling products and services and for sponsoring other participants who do the same. Although the opportunity to earn with MintBuilder is extraordinary individual results will vary depending on commitment levels and sales skills of each participant. Success in MintBuilder has nothing to do with the market value of precious metals. Since MintBuilder has recently launched, it lacks enough statistical data to prepare reliable income disclosures. The numbers below reflect estimates prepared by the company pending a more detailed survey to be conducted after its first year. Based on industry standards and company projections, the average annual gross income for Independent Representatives is projected to be anywhere between $500 and $2,000. There will certainly be participants who will earn less while others will earn much more. We’re excited about the Compensation Plan and we’re confident it will provide you a solid foundation to help you achieve your financial goals. If income projections were presented to you prior to your enrollment, such projections are not necessarily representative of the income, if any, that you can or will earn through your participation in the Compensation Plan. These income projections should not be considered as guarantees or projections of your actual earnings or profits. Success results only from hard work, dedication, and leadership.
PERSONAL AND TEAM COMMISSIONS
Personal and Team commissions are earned based on the subtotal of each paid subscription and retail sale within your five tiers. Commissions are not paid on the cost of shipping, any applicable taxes or fees. Commissions may be retracted if a refund is issued to the member/customer who made the purchase. The pricing of subscriptions and all retail products is subject to change. In order to earn and retain commissions you must be active on a subscription. To withdrawal commissions via PayPal you must have a balance of $20 or more. Commissions below $20 can be used towards the purchase of products in the shop and/or towards subscriptions.
To qualify for the $700 monthly Car Bonus, you must achieve and maintain a minimum of ten personally referred paid subscriptions on your first tier. These subscriptions must include the Member Platform. You must also achieve and maintain a minimum total team of 250 paid subscriptions within your five-tier team. These subscriptions must include the Member Platform. Once you achieve these qualifications in any given month you will earn $700 which will be paid the first Monday of the following month. If qualifications are not met in any given month you will not be paid the following month, however you have the opportunity to re-qualify any given month. If you opt out of having a qualifying car you can choose the $400 a month cash option instead.
To qualify for the Lifestyle Bonus, you must achieve and maintain a minimum of twenty personally referred paid subscriptions on your first tier. These subscriptions must include the Member Platform. You must also achieve and maintain a minimum total team of 500 to 20,000 paid subscriptions within your five-tier team depending on the level of achievement in the graph below. These subscriptions must include the Member Platform. Once you achieve these qualifications in any given month you will earn based on the level of achievement in the chart below. This onetime bonus is paid in twelve installments. The bonus will be paid the first Monday of the following qualifying month. If qualifications are not met for your previously qualified level in any given month you will be paid based on the level you qualified for that month. If it is below the minimum level you will permanently miss that month’s installment. You have the opportunity to re-qualify any given month of your remaining installments. When you qualify for a higher-level payout that will reset your twelve-month installments. This reset only takes place once for every new achievement. The maximum you can earn is $1,000,000 in total.