Divorce or Juristic Person Cancelation Sample Clauses

Divorce or Juristic Person Cancelation. During the divorce or the juristic person, both parties must conform to any procedures as follows: one party has the right by having written consent from the other party for doing the business with Xxxxxx, directly and alone, and the other spouse or the shareholder, the partner or the trustee that does not waiver his/her rights. All parties may continue doing the business with Hylife together as a normal business. By this reason, the dividend to be paid by Xxxxxx will be paid by using the joint name of both parties or in the name of the juristic person, so that the dividend can be divided as the parties make the agreement independently. In all cases, Xxxxxx will not divide the check for the commission and the bonus between the spouses who are going to get divorced or the members who are going to revoke the juristic person. Hylife will certify only one ( 1) downline and issue only one check for the commission per Hylife business per commission payment cycle. The check for the commission will be issued in the name of the former person or the former juristic person. In case that the divorce or the juristic person cancelation cannot solve the problem and the conflict of the commission and the business ownership, the Distributor Agreement may be terminated.
Sample 1
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