Common use of Grace Month Clause in Contracts

Grace Month. A grace month may be declared if, in a single month, you miss placing an order or if your order’s PV falls below 50 PV. Only one grace month is available in a consecutive twelve-month period. In the month following a grace month, members can begin accumulating points at the same rate as before if they once again place Essential Rewards orders of at least 50 PV. This grace period applies only to Essential Rewards and not to commissions paid under the Young Living Compensation Plan.

Appears in 4 contracts

Samples: Rewards Agreement, Rewards Agreement, Rewards Agreement

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