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Any
change which occurs in the distributorship, which affects the ownership
rights of either party, must be done with the knowledge and consent
of both owners.
Amway businesses come in all shapes and sizes but they have a single
common factor. They are all owned by no more than two people.
Where an Amway distributorship is owned in a partnership or two individuals
(whether husband and wife or otherwise) or is in a company name, both
of the partners or shareholders will own the business in accordance
with their partnership rights or their shareholding.
Any change which occurs in the distributorship, which affects the
ownership rights of either party, must be done with the knowledge
and consent of both owners.
Because an Amway distributorship is a valuable asset, Section 6 of
the Rules of Conduct limits the way in which a distributorship, or
part of a distributorship, might be assigned or transferred to another
party.
Amway occasionally receives requests for information as to how a divorce
or separation will affect a husband and wife distributorship.
Whenever a business is separated or divided as the result of a divorce,
separation or other dissolution of a company or partnership, the separation
or division must be accomplished in such a way as not to adversely
affect the interests and/or income of the businesses in the Line of
Sponsorship.
During the division or separation process, neither party will administer
or operate, together or separately, any other Amway business without
Amway approval.
Amway understands that this is a very emotional time for all parties
involved.
Following from this, Amway has also received requests where the 'Assignment
of Distributorship' form is sent to Amway requesting for the business
to be assigned to the partner. Once again this must be done with the
knowledge and consent of both parties.
After a short period of time, Amway will then receive a request to
add a person on to the business replacing the person that was removed.
In most instances, the person requesting to be added is not an existing
IBO. Such requests are subject to Amway's approval.
Where it is an existing IBO requesting to be added to another IBO's
business, the businesses will not merge or be combined without the
previous written approval of Amway. Some of the circumstances that
will be considered are:
- a marriage between IBOs - in this case, one or both of the IBOs
must have attained at least Platinum status prior to the marriage
- the sale of a business
- transfer of a business
- an existing IBO inherits all or a portion of the IB
- any other similar circumstance.
Remember, it's your business and it is your responsibility to ensure
that your business is conducted in an ethical manner and that you
conform to the Rules.
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