Termination Returns. Unless otherwise specified by law, a Brand Influencer has the right to cancel their enrollment and product purchase three (3) days from the date of enrollment and received a full refund. A Brand Influencer who terminates his or her business relationship with revital U has the right to return for repurchase on commercially reasonable terms currently marketable inventory, including revital U produced promotional materials, sales aids and kits, in the possession of the Brand Influencer and purchased by the Brand Influencer for resale within twelve (12) months of termination. For purposes hereof “reasonable commercial terms” shall mean the repurchase of marketable inventory within twelve (12) months from the Brand Influencer’s date of purchase at not less than ninety percent (90%) of the Brand Influencer’s original net cost less shipping fees, appropriate set-offs and legal claims, if any. In addition for purposes of this section, products shall not be considered “currently marketable” if returned for repurchase after the products commercially reasonable usable or shelf life period has passed; nor shall products be considered “currently marketable” if revital U clearly discloses to the Brand Influencer prior to purchase that the products are seasonal, discontinued or special promotional products and are not subject to the repurchase obligation. In addition, any product purchased from revital U on a month-to-month basis (such as the Virtual Office Pro website subscription) will be deemed used and nonrefundable on the first day after each billing charge that month. revital U will not issue a refund nor replace any product previously certified as having been sold under the seventy percent (70%) rule. Refunds will only be issued in accordance with the following procedures: 11.5.1. A written return request shall be submitted, stating the reason for the termination, the reason for the return of product and/or sales materials, and accompanied by the original proof of payment and a copy of the purchase order form or packing slip. Product returned without prior authorization will be returned to the Brand Influencer. 11.5.2. revital U will provide the Brand Influencer with a return authorization number, and will instruct the Brand Influencer where to ship the product for inventory verification. Upon receipt and inspection of the return, revital U will process the appropriate refund for payment. 11.5.3. The Brand Influencer will pay for the cost of return shipping. 11.5.4. All commissions, overrides and bonuses paid to a terminated Brand Influencer as a result of any product returned upon termination shall be repaid to ▇▇▇▇▇▇▇ ▇. revital U may deduct such amounts from any commissions or other amounts owed to the Brand Influencer. All commissions, overrides, and/or bonuses paid to a Brand Influencer’s upline on a returned product shall be deducted or repaid to the upline Brand Influencer. 11.5.5. Where any state may require a different buy back policy than revital U, that state’s buyback policy will apply. The following only applies to Brand Influencers who are residents of the states listed below and are in addition to the refund policy set forth in these P&Ps: a) For Georgia Brand Influencers, revital U will repurchase all unencumbered products, sales aids, literature, and promotional items, which are in a reasonably resalable or reusable condition and which, were acquired by the Brand Influencer from ▇▇▇▇▇▇▇ ▇. The repurchase shall be at a price not less than ninety percent (90%) of the original net cost to the Brand Influencer of the goods being returned. For purposes of this paragraph, “original net cost” means the amount actually paid by the Brand Influencer for the goods, less any consideration received by the Brand Influencer for purchase of the goods that is attributable to the specific goods being returned. Goods shall be deemed “resalable or reusable” if the goods are in an unused, commercially resalable condition at the time the goods are returned to ▇▇▇▇▇▇▇ ▇. Goods which are no longer marketed by revital U shall be deemed “resalable or reusable” if the goods are in an unused, commercially resalable condition and are returned to revital U within one year from the date revital U discontinued marketing the goods; provided, however, the goods which are no longer marketed shall be deemed not “resalable or reusable” if the goods are sold to Brand Influencer as non-returnable, discontinued, or seasonable items and the non-returnable, discontinued, or seasonable nature of the goods was clearly disclosed to the Brand Influencer seeking to return goods prior to the purchase of the purchase of the goods by the Brand Influencer. b) For Maryland Brand Influencers, revital U will repurchase products that are in resalable condition at the price actually paid by the Brand Influencer for the products being returned within three months of purchase. c) For Massachusetts and Wyoming Brand Influencers, revital U will repurchase all unencumbered products in a resalable condition then in the possession of the Brand Influencer at a price of not less than ninety percent (90%) of the original net cost to the Brand Influencer returning such goods taking into account any sales made by or through such Brand Influencer prior to notification to revital U of the election to cancel; repay ninety percent (90%) of the original net cost of any product provided to Brand Influencer; and refund ninety percent (90%) of any other consideration Brand Influencer paid to revital U in order to participate in the marketing program. d) For Louisiana Brand Influencers, revital U will repurchase all or part of any product that is in a resalable condition at ninety percent (90%) of the original net cost to the Brand Influencer; repay ninety percent (90%) of the original net cost of any product provided to Brand Influencer; and refund ninety percent (90%) of any other consideration Brand Influencer paid to revital U in order to participate in the marketing program. e) For Montana Brand Influencers who cancel their participation in revital U within 15 days are entitled to a one hundred percent (100%) refund of any consideration given to participate in ▇▇▇▇▇▇▇ ▇. Upon the request of a Montana Brand Influencer who decides to terminate participation in revital U, revital U will repurchase, at not less than ninety percent (90%) of the amount paid by the Brand Influencer, any currently marketable goods sold to the resident within twelve (12) months of the request that have not been resold or consumed by the resident. If disclosed to the Montana Brand Influencer at the time of purchase goods are not considered currently marketable if the goods have been consumed or if the goods are seasonal, discontinued, or special promotional items. Sales plans or promotional materials, sales aids, and sales kits are subject to this refund provision if they are a required purchase for the Brand Influencer or if the Brand Influencer has received or may receive a financial benefit from their purchase.
Appears in 1 contract
Sources: Influencer Agreement
Termination Returns. Unless otherwise specified by law, a Brand Influencer has the right to cancel their enrollment and product purchase three (3) days from the date of enrollment and received a full refund. A Brand Influencer who terminates his or her their business relationship with revital U has the right to return for repurchase on commercially reasonable terms currently marketable inventory, including revital U produced promotional materials, sales aids and kits, kits in the possession of the Brand Influencer and purchased by the Brand Influencer for resale within twelve (12) months prior to the date of termination. For purposes hereof “reasonable commercial terms” shall mean the repurchase of marketable inventory within twelve (12) months from the Brand InfluencerInfluencer ’s date of purchase at not less than ninety percent (90%) of the Brand InfluencerInfluencer ’s original net cost less shipping fees, appropriate set-offs and legal claims, if any. In addition for purposes of this section, products shall not be considered “currently marketable” if returned for repurchase after the products commercially reasonable usable or shelf life period has passedpassed (shelf life will be deemed to have passed if the product package has been opened); nor shall products be considered “currently marketable” if revital U clearly discloses to the Brand Influencer prior to purchase that the products are seasonal, discontinued discontinued, or special promotional products and are not subject to the repurchase obligation. In addition, any product purchased from revital U on a month-to-month basis (such as the Virtual Office Pro website subscription) will be deemed used and nonrefundable on the first day after each billing charge that month. revital U will not issue a refund nor replace any product previously certified as having been sold under the seventy percent (70%) rule. Refunds No refunds will only be issued unless a Brand Influencer is in accordance strict compliance with the following proceduresprocedures contained herein:
11.5.1. i. A written return request shall be submitted, stating the reason for the termination, the reason for the return of product and/or sales materials, and accompanied by the original proof of payment and a copy of the purchase order form Purchase Order Form or packing slip. Product returned without prior authorization will be returned to the Brand Influencer.;
11.5.2ii. revital U will provide the Brand Influencer with a return authorization number, and will instruct the Brand Influencer where to ship the product for inventory verification. Upon receipt and inspection of the return, ,revital U will process the appropriate refund for payment.; and
11.5.3iii. The Brand Influencer will shall pay for the cost of return shipping.
11.5.4iv. All commissions, overrides and bonuses paid to a terminated Brand Influencer as a result of any product returned upon termination shall be repaid to ▇▇▇▇▇▇▇ ▇. revital U may deduct such amounts from any commissions or other amounts owed to the Brand Influencer. All commissions, overrides, and/or bonuses paid to a Brand InfluencerInfluencer ’s upline on a returned product shall be deducted or repaid to the upline Brand Influencer.
11.5.5. Where any state may require a different buy back policy than revital U, that state’s buyback policy will apply. The following only applies to Brand Influencers who are residents of the states listed below and are in addition to the refund policy set forth in these P&Ps:
a) For Georgia Brand Influencers, revital U will repurchase all unencumbered products, sales aids, literature, and promotional items, which are in a reasonably resalable or reusable condition and which, were acquired by the Brand Influencer from ▇▇▇▇▇▇▇ ▇. The repurchase shall be at a price not less than ninety percent (90%) of the original net cost to the Brand Influencer of the goods being returned. For purposes of this paragraph, “original net cost” means the amount actually paid by the Brand Influencer for the goods, less any consideration received by the Brand Influencer for purchase of the goods that is attributable to the specific goods being returned. Goods shall be deemed “resalable or reusable” if the goods are in an unused, commercially resalable condition at the time the goods are returned to ▇▇▇▇▇▇▇ ▇. Goods which are no longer marketed by revital U shall be deemed “resalable or reusable” if the goods are in an unused, commercially resalable condition and are returned to revital U within one year from the date revital U discontinued marketing the goods; provided, however, the goods which are no longer marketed shall be deemed not “resalable or reusable” if the goods are sold to Brand Influencer as non-returnable, discontinued, or seasonable items and the non-returnable, discontinued, or seasonable nature of the goods was clearly disclosed to the Brand Influencer seeking to return goods prior to the purchase of the purchase of the goods by the Brand Influencer.
b) For Maryland Brand Influencers, revital U will repurchase products that are in resalable condition at the price actually paid by the Brand Influencer for the products being returned within three months of purchase.
c) For Massachusetts and Wyoming Brand Influencers, revital U will repurchase all unencumbered products in a resalable condition then in the possession of the Brand Influencer at a price of not less than ninety percent (90%) of the original net cost to the Brand Influencer returning such goods taking into account any sales made by or through such Brand Influencer prior to notification to revital U of the election to cancel; repay ninety percent (90%) of the original net cost of any product provided to Brand Influencer; and refund ninety percent (90%) of any other consideration Brand Influencer paid to revital U in order to participate in the marketing program.
d) For Louisiana Brand Influencers, revital U will repurchase all or part of any product that is in a resalable condition at ninety percent (90%) of the original net cost to the Brand Influencer; repay ninety percent (90%) of the original net cost of any product provided to Brand Influencer; and refund ninety percent (90%) of any other consideration Brand Influencer paid to revital U in order to participate in the marketing program.
e) For Montana Brand Influencers who cancel their participation in revital U within 15 days are entitled to a one hundred percent (100%) refund of any consideration given to participate in ▇▇▇▇▇▇▇ ▇. Upon the request of a Montana Brand Influencer who decides to terminate participation in revital U, revital U will repurchase, at not less than ninety percent (90%) of the amount paid by the Brand Influencer, any currently marketable goods sold to the resident within twelve (12) months of the request that have not been resold or consumed by the resident. If disclosed to the Montana Brand Influencer at the time of purchase goods are not considered currently marketable if the goods have been consumed or if the goods are seasonal, discontinued, or special promotional items. Sales plans or promotional materials, sales aids, and sales kits are subject to this refund provision if they are a required purchase for the Brand Influencer or if the Brand Influencer has received or may receive a financial benefit from their purchase.
Appears in 1 contract
Sources: Influencer Agreement
Termination Returns. Unless otherwise specified by law, a Brand Influencer has the right to cancel their enrollment and product purchase three (3) days from the date of enrollment and received a full refund. A Brand Influencer who terminates his or her their business relationship with revital U has the right to return for repurchase on commercially reasonable terms currently marketable inventory, inventory including revital U produced promotional materials, sales aids and kits, kits in the possession of the Brand Influencer and purchased by the Brand Influencer for resale within twelve (12) months prior to the date of termination. For purposes hereof “reasonable commercial terms” shall mean the repurchase of marketable inventory within twelve (12) months from the Brand InfluencerInfluencer ’s date of purchase at not less than ninety percent (90%) of the Brand InfluencerInfluencer ’s original net cost less shipping fees, appropriate set-offs and legal claims, if any. In addition for purposes of this section, products shall not be considered “currently marketable” if returned for repurchase after the products commercially reasonable usable or shelf life period has passedpassed (shelf life will be deemed to have passed if the product package has been opened); nor shall products be considered “currently marketable” if revital U clearly discloses to the Brand Influencer prior to purchase that the products are seasonal, discontinued discontinued, or special promotional products and are not subject to the repurchase obligation. In addition, any product purchased from revital U on a month-to-month basis (such as the Virtual Office Pro website subscription) will be deemed used and nonrefundable on the first day after each billing charge that month. revital U will not issue a refund nor replace any product previously certified as having been sold under the seventy percent (70%) rule. Refunds No refunds will only be issued unless a Brand Influencer is in accordance strict compliance with the following proceduresprocedures contained herein:
11.5.1. a) A written return request shall be submitted, stating the reason for the termination, the reason for the return of product and/or sales materials, and accompanied by the original proof of payment and a copy of the purchase order form Purchase Order Form or packing slip. Product returned without prior authorization authorisation will be returned to the Brand Influencer.;
11.5.2. b) revital U will provide the Brand Influencer with a return authorization authorisation number, and will instruct the Brand Influencer where to ship the product for inventory verification. Upon receipt and inspection of the return, revital U will process the appropriate refund for payment.; and
11.5.3. c) The Brand Influencer will shall pay for the cost of return shipping.
11.5.4. d) All commissions, overrides and bonuses paid to a terminated Brand Influencer as a result of any product returned upon termination shall be repaid to ▇▇▇▇▇▇▇ ▇. revital U may deduct such amounts from any commissions or other amounts owed to the Brand Influencer. All commissions, overrides, and/or bonuses paid to a Brand InfluencerInfluencer ’s upline on a returned product shall be deducted or repaid to the upline Brand Influencer.
11.5.5. Where any state may require a different buy back policy than revital U, that state’s buyback policy will apply. The following only applies to Brand Influencers who are residents of the states listed below and are in addition to the refund policy set forth in these P&Ps:
a) For Georgia Brand Influencers, revital U will repurchase all unencumbered products, sales aids, literature, and promotional items, which are in a reasonably resalable or reusable condition and which, were acquired by the Brand Influencer from ▇▇▇▇▇▇▇ ▇. The repurchase shall be at a price not less than ninety percent (90%) of the original net cost to the Brand Influencer of the goods being returned. For purposes of this paragraph, “original net cost” means the amount actually paid by the Brand Influencer for the goods, less any consideration received by the Brand Influencer for purchase of the goods that is attributable to the specific goods being returned. Goods shall be deemed “resalable or reusable” if the goods are in an unused, commercially resalable condition at the time the goods are returned to ▇▇▇▇▇▇▇ ▇. Goods which are no longer marketed by revital U shall be deemed “resalable or reusable” if the goods are in an unused, commercially resalable condition and are returned to revital U within one year from the date revital U discontinued marketing the goods; provided, however, the goods which are no longer marketed shall be deemed not “resalable or reusable” if the goods are sold to Brand Influencer as non-returnable, discontinued, or seasonable items and the non-returnable, discontinued, or seasonable nature of the goods was clearly disclosed to the Brand Influencer seeking to return goods prior to the purchase of the purchase of the goods by the Brand Influencer.
b) For Maryland Brand Influencers, revital U will repurchase products that are in resalable condition at the price actually paid by the Brand Influencer for the products being returned within three months of purchase.
c) For Massachusetts and Wyoming Brand Influencers, revital U will repurchase all unencumbered products in a resalable condition then in the possession of the Brand Influencer at a price of not less than ninety percent (90%) of the original net cost to the Brand Influencer returning such goods taking into account any sales made by or through such Brand Influencer prior to notification to revital U of the election to cancel; repay ninety percent (90%) of the original net cost of any product provided to Brand Influencer; and refund ninety percent (90%) of any other consideration Brand Influencer paid to revital U in order to participate in the marketing program.
d) For Louisiana Brand Influencers, revital U will repurchase all or part of any product that is in a resalable condition at ninety percent (90%) of the original net cost to the Brand Influencer; repay ninety percent (90%) of the original net cost of any product provided to Brand Influencer; and refund ninety percent (90%) of any other consideration Brand Influencer paid to revital U in order to participate in the marketing program.
e) For Montana Brand Influencers who cancel their participation in revital U within 15 days are entitled to a one hundred percent (100%) refund of any consideration given to participate in ▇▇▇▇▇▇▇ ▇. Upon the request of a Montana Brand Influencer who decides to terminate participation in revital U, revital U will repurchase, at not less than ninety percent (90%) of the amount paid by the Brand Influencer, any currently marketable goods sold to the resident within twelve (12) months of the request that have not been resold or consumed by the resident. If disclosed to the Montana Brand Influencer at the time of purchase goods are not considered currently marketable if the goods have been consumed or if the goods are seasonal, discontinued, or special promotional items. Sales plans or promotional materials, sales aids, and sales kits are subject to this refund provision if they are a required purchase for the Brand Influencer or if the Brand Influencer has received or may receive a financial benefit from their purchase.
Appears in 1 contract
Sources: Influencer Agreement