My Success Plan_April 2024.pdf

As per the TRA’s Brand Trust Report 2023. MY SUCCESS PLAN  W E L C O M E T O T H E V E S T I G E...

As per the TRA’s Brand Trust Report 2023. MY SUCCESS PLAN  W E L C O M E T O T H E V E S T I G E F A M I L Y Dear Distributor, Congratulations! You have chosen the right path of building an astounding career by opting for the opportunity provided by Vestige. We welcome you to the league of those people who have carved a niche for themselves in the world of entrepreneurship through direct selling. By pursuing a career as an independent distributor of Vestige, you are actually shaping your own destiny and building a rock solid foundation for a successful and independent future, which you can achieve through your perseverance and hard work. The more you strive to achieve higher levels of success within the Vestige system, the more you will inspire people and turn into a beacon that others will look up for guidance and leadership. We at Vestige just don't provide you with another source of livelihood, we enable you to earn respect and be an inspiring leader for others to follow as well. The Vestige World Powered with zeal to grow, expand and distinguish itself in the Indian as well as international direct selling industry, Vestige has covered a successful journey since 2004, when the company was founded. With a wide gamut of products and brands, Vestige provides 3600 wellness coverage to people of all age groups and empowers them to live a qualitatively better life. Vestige has deep domain expertise in research and development of highly effective health supplements, personal care products, colour cosmetic products, men's grooming range, home care products, etc. Gautam Bali Vestige is an ISO 9001:2015 organisation; its manufacturing partner is a Good Manufacturing Founder and Managing Director Practices (GMP) and Halal certified company. Vestige is also bestowed with the Certificate of Excellence in Productivity, Quality, Innovation and Management by the Institute of Economic Studies (IES). Vestige is a member of the prestigious Health Foods and Dietary Supplements Association (HADSA), and it is proudly associated with the most admired industry and commerce body of India, FICCI. The testimony of Vestige's success lies in the fact that every year the company is growing by leaps and bounds and paving way for numerous people to achieve success by spreading Wellth. Armed with a widespread network of branch offices, ware houses, international office, District Level Contact Points (DLCP), Mini DLCPs, Distributor Consulting Centres (DCC), and a dedicated customer-centric manpower, Vestige is striving to provide the best quality products and exceptional services to you and millions of other distributors every day. Through a well-crafted education system that empowers people to go all-out towards success, Vestige relentlessly trains distributors like you by conducting thousands of training sessions throughout the year. In the following pages of this Success Plan, we will elaborate the unique and robust career growth plan that Vestige offers. The promises made by Vestige are realistic and are achievable if you industriously work towards creating strong bonds and relationships, and if you empower others to achieve success by following the system religiously. The core values of Vestige are Respect, Honesty, Passion, Growth, Freedom and Happiness. These core values combined with your passion for success, positive attitude and perseverance will form a formidable partnership. This partnership will enable us to reach new heights of success together. In your success lies our success. Gautam Bali 01  T E A M V E S T I G E Vestige is captained by those who have played a pivotal role in the direct selling revolution in India. Providing you with a well- crafted platform to achieve success and build up your enter- prise by spreading Wellth. Deepak Sood - Director - An outstanding sales, marketing, and operations professional, and a renowned motivator, Deepak Sood played key roles in various direct selling companies. Through his resilient leadership skills, he is continuously leading Vestige in bringing new practices on board. He is also training thousands of people every With a firm focus on our mission to become a leading year through his specially crafted training programmes to direct selling organisation that empowers our distributors build a team of direct selling professionals. to live a better quality life infused with wellness and prosperity, Vestige has built up a strong team consisting of Apart from these three stalwarts, Vestige has a team of those professionals who can be called the pioneers of the seasoned professionals bringing decades of rich experi- Indian direct selling industry. ence and vibrant work culture from different fields and industries and they are working studiously to propel the Vestige, which was awarded as the “Most Admired Brands growth story of Vestige every day so that the enterprise & Leaders – Asia”, is steered by these magnificent and can also grow without any roadblocks. visionary business leaders of the direct selling industry. Vestige was setup with a focus on providing the best Gautam Bali - Managing Director - After playing key roles platform for the direct selling professionals. Vestige in various direct selling companies as CEO and advisor empowers people to achieve success with this finest for decades, Mr Bali laid the foundation stone of Vestige, opportunity and wellness through the best quality which he is successfully leading as a helmsman with his products, which is a truly rewarding experience. unmatched domain expertise and business acumen. Under his visionary leadership, Vestige is growing at a Through this unique combination of visionary manage- phenomenal rate every year and has become one of the ment with a diligent workforce, Vestige provides you with top direct selling companies of India. an assurance of financial stability, long-term partnership, and a win-win opportunity for your entrepreneurial Kanwar Bir Singh - Director - Powered by a rich endeavour. experience in managing IT solutions for the direct selling These innovative practices of Vestige are industry for years, Kanwar Bir Singh is instrumental in fast becoming benchmarks for the direct integrating tailored information technology solutions with selling industry. the complex business processes and bringing forth great transformations through digital empowerment. M A R K E T I N G P L A N Before starting a journey, we should be aware of the goal The four ingredients for achieving success in the Vestige as well as the road that we are going to take. If we are well system as an entrepreneur are given below: informed about the goal and the road to it, our journey will not only be smooth, but our confidence level will also l Be a regular user of Vestige products remain at the peak. l Earn by sharing the products l Enrich yourself by sharing the business This is the sole reason why Vestige emphasises and insists l Enrich yourself by enriching others that after signing up as an independent Vestige distributor, you acquaint yourself well with the Vestige path by studying If you follow the system religiously and work hard with the Marketing Plan carefully and by understanding the extreme dedication, you will see your efforts are compen- scope of opportunities that you can grab on the way sated with a proportionate increase in earnings. ahead. If you do this properly, be assured, your Vestige journey will be quite smooth and successful. 02  M A R K E T I N G P L A N Vestige offers very rewarding bonuses for your Savings on Consumption 10 - 20% untiring efforts in promoting the business. As a distributor, you save this amount as the Vestige Marketing Plan is specifically designed difference between MRP and Distributor Price. with the view of providing an equal business Vestige offers a retail profit from 10 to 20% on most opportunity; it is an Accumulative Plan, where of the products. you never slide down from your existing level The following example helps explain the saving. and ascend higher on the ladder of success. Nine ways to earn income Distributor Price + Saving = MRP 1. Savings on consumption – 10 – 20% In a business month, if you buy Vestige products 2. Performance Bonus – 5 - 16% worth Rs. 10,000 for self-consumption you save up 3. Director Bonus – 15% to Rs. 2000 for yourself 4. Team Building Bonus – 3% 5. Leadership Overriding Bonus – 18% 6. Travel Fund – 3% 7. Car Fund – 5% 8. House Fund – 3% 9. Elite Club Bonus – 2% Performance Bonus 5-16% A distributor has to qualify for getting the performance bonuses and is entitled to earn the bonuses according to the level qualified. Vestige offers very rewarding performance bonuses, which are amongst the best in the world of direct selling. To earn this performance bonus, the qualifying level of Point Value (PV) has to be accumulated. Performance Bonus (PB) Schedule — 5-16% PERFORMANCE ACCUMULATIVE PV % EACH BONUS LEVEL MIN MAX Distributor 1 599 5 Senior Distributor 600 2,399 8 Assistant Bronze Director 2,400 5,499 12 Bronze Director 5,500 __ 16 To receive performance bonus for a given business month, distributors must do personal purchase (at distributor price) of the following value in the business month: a) Distributors who earn up to 12% payout - 20 PV b) Distributors who earn 16% payout - 40 PV If in any case a distributor fails to make personal purchase, the bonus earned in that business month is carried forward and is released in the business month, when distributor makes the required personal purchase. 03  M A R K E T I N G P L A N FAST START 8% When a distributor does a GPV of 282 in a single business month before reaching 8% level then he/she is granted a special growth and the level of 8%. If a qualifying distributor has a downline also qualifying for Fast Start 8%, then the upline distributor has to maintain personal PV of 282 from other lines. The examples given below are meant for PV:BV ratio of 1:18 and payout in Indian Rupees. The PV:BV ratio may be different in other countries. Bonus Payout in all countries will be calculated based on their respective PV:BV ratio. Example 1 How do you calculate these performance bonuses? The following examples will explain the calculations in PV only. st Let us assume that in 1 business month of your joining, you have sponsored three of your friends as your downline distributors. YOU Your Personal PV 300 Your downline A has PV of 300 Your downline B has PV of 1,000 300 PV Your downline C has PV of 1,000 Your Group Point Value (GPV) 2,600 A B C Your Group is entitled to 12% performance bonus = 2,600 X 12% = 312 X 18 = Rs 5,616 300 PV 1000 PV 1000 PV Rs 5,616, will be divided among your downlines according to the levels of their achievement. A who is qualified for 5% gets 300 X 5% = 15 X 18 = Rs 270 B who is qualified for 8% gets 1,000 X 8% = 80 X 18 = Rs 1,440 C who is qualified for 8% gets 1,000 X 8% = 80 X 18 = Rs 1,440 Rs 3,150 is distributed to your downlines and the balance Rs 2,466 is your earning for the business month. Example 2 Let us assume that in the second business month you and your downlines have done the following business : Your Personal PV 300 Your downline A has PV of 300 Your downline B has PV of 1,500 YOU Your downline C has PV of 1,500 Your Group Point Value (GPV) 3,600 Your last business month’s Group Point Value (GPV) 2,600 300 PV Your cumulative GPV 6,200 You are paid on the Point Value (PV) which you have generated in the current A B C business month, whereas previous business month’s PV is added to determine the levels. Your Group is entitled to 16% performance bonus = 3,600 X 16% = 576 X 18 = Rs 10,368 300 PV 1500 PV 1500 PV Rs 10,368 will be divided among your downlines according to the levels of their achievement. Let's see how your downlines earn their bonuses: This way your Point Value Distributor A Distributor C gets accumulated month Last business month’s PV 300 Last business month’s PV 1,000 after month. In Vestige, This business month’s PV 300 This business month’s PV 1,500 everyone can achieve the Cumulative PV 600 Cumulative PV 2,500 Bronze Director level and A is now qualified for 8 % on this C is now qualified for 12% on our levels are permanent. business month’s PV gets 300x 8% = 24 this business month’s PV gets 1500 x 24 x 18 = Rs 432 12% = 180 Distributor B 180 x 18 = Rs 3,240 Last business month’s PV 1,000 This business month’s PV 1,500 Cumulative PV 2,500 B is now qualified for 12% on Rs 6,912 is distributed to your this business month’s PV gets 1500 x downlines and the balance Rs 3,456 is 12% = 180 your earning for the business month. 180 x 18 = Rs 3,240 The above examples are meant for mathematical illustration only. Performance Bonus is only paid when personal targets are met. 04  M A R K E T I N G P L A N Fast Start Bronze Director If you achieve 4,500 PV in a single business month, you qualify as a Fast Start Bronze Director. This entitles you to 16% performance bonus and BDB. You can maintain your Bronze Director Level with 2001 PV like the old plan. For first time Bronze Director level, you have to maintain your level without any 16% leg. Director Bonus (DB) 15% Vestige allocates 15% of the Company's monthly PV as Director Bonus (DB). This is computed by a “Point Sharing System” based on the Director Bonus points earned by the qualifiers. DB Point value varies each business month and is computed monthly as per the formula shown below: 15% of Company’s monthly PV = DB point value Total DB points collected QUALIFIED QUALIFIED DIRECTOR LEVEL IN % STATUS DIRECTOR QUALIFYING CONDITIONS YOU 1 2 3 4 5 6 7 8 9 Bronze Director 0 SP 40 PV: 2001 PV 6 Silver Director 1 SP 40 PV:1801 PV 6 5 4 Gold Director 2 SP 40 PV:1501 PV 6 5 4 3 Table 1 Star Director 3 SP 40 PV:1001 PV 6 5 4 3 2 Diamond Director 4 SP 40 PV: 501 PV 6 5 4 3 2 1 Crown Director 6 SP 40 PV 6 5 4 3 2 1.5 Universal Crown 8 6 Director SP 40 PV 5 4 3 2 1.5.5 Double Crown 12 6 Director SP 40 PV 5 4 3 2 1.5.5.5 Double Universal 16 SP 40 PV 6 5 4 3 2 1.5.5.5.5 Crown Director Alternative DIRECTORS QUALIFIED DIRECTOR LEVEL IN % STATUS GROUP QUALIFYING CONDITIONS QUALIFYING CONDITIONS YOU 1 2 3 4 5 6 7 8 9 Table 2 Universal Crown GPV 2 Lac/Maximum 1 Lac Director 6 SP 40 PV 6 5 4 3 2 1.5.5 PV counts from 1 Leg Double Crown SP 40 PV GPV 5 Lac/Maximum 2.5 Director 6 6 5 4 3 2 1.5.5.5 Lac PV counts from 1 Leg Double Universal GPV 10 Lac/Maximum 5 Lac Crown Director 6 SP 40 PV 6 5 4 3 2 1.5.5.5.5 PV counts from 1 Leg Team Building Bonus (TBB) 3% Vestige allocates 3% of the Company's monthly PV as Team Building Bonus (TBB) to Bronze, Silver and Gold Directors*. This is computed by a point sharing system based on the points earned by the qualifiers. TBB point value varies each business month and is computed monthly as per the formula shown :- 3% of Company’s monthly PV = TBB point value Total TBB points collected DIRECTOR QUALIFYING QUALIFIED DIRECTOR LEVEL IN % STATUS# GROUPS CONDITIONS YOU 1 2 3 Bronze Director 0 SP : 40 PV : 2600 PV 6 Silver Director 1 SP : 40 PV : 2100 PV 6 5 4 Gold Director 2 SP : 40 PV : 1800 PV 6 5 4 3 *For Silver Directors and Gold Directors, no LOB is required. The bonus amount will be reimbursed monthly. Non-qualified 16% legs will also be considered. Eligibility will be based on monthly level, not permanent level. # Those with permanent levels of Star Directors and above cannot avail TBB. 05  M A R K E T I N G P L A N Leadership Overriding Bonus 18% Leadership overriding bonus (LOB) is payable to Silver Directors and above^. The LOB calculation will be done as per the realtime monthly level of the distributor. To qualify for LOB all qualifiers must be a Silver Director with 5,625 PV from a single leg with at least one qualified Bronze Director. If your Bronze Director downline does not have a GPV of 5,625 then GPV of qualified/unqualified directors are rolled up till 5,625 GPV is achieved. LOB is also based on point value system and then value of the point is determined according to the formula shown on the right - 18% of Company’s monthly PV = LOB Point Value Total LOB points collected The LOB is calculated as per the table shown below ~ DIRECTOR LEADERSHIP BONUSES IN % STATUS GROUPS QUALIFYING CONDITIONS SD GD STAR DD CD UCD DCD DUCD Silver Director 1 GPV 5,625 5 Gold Director 2 GPV 5,625 5 5 Star Director 3 GPV 5,625 5 5 5 Diamond Director 4 GPV 5,625 5 5 5 4 Crown Director 6 GPV 5,625 5 5 5 4 3 Universal Crown 8 / 6** GPV 5,625 5 5 5 4 3 2 Director Double Crown 12 / 6** GPV 5,625 5 5 5 4 3 2 1 Director Double Universal 16 / 6** GPV 5,625 5 5 5 4 3 2 1.5 Crown Director ^ Now Diamond Directors and above, whose downlines are maintaining the same level, will get 1+4 depth LOB. Travel Fund (TF) 3% Vestige provides a Travel Fund (TF) from Silver Director to Double Universal Crown Director level. The TF allocates 3% of company's monthly total PV and is computed by a "Point Sharing System" based on the Travel Fund points earned by the qualifiers. TF value per point will vary each business month and is computed monthly as per the formula shown below : 3% of total Company’s monthly PV = TF PointValue Total Travel Fund points collected Pre-requisites Travel Fund is paid out up to five levels and is shown in The travel fund is to be used for travel trips the table next page. announced by the company. **For 6 Directors Group criteria, please refer to Director Bonus Chart Table 2 on page 5. 06  M A R K E T I N G P L A N Travel Fund qualification ~ DIRECTOR QUALIFIED DIRECTOR LEVEL IN % STATUS GROUPS QUALIFYING CONDITIONS YOU 1 2 3 4 5 Silver Director 1 SP 40 PV : 1801 PV 6 5 4 Gold Director 2 SP 40 PV : 1501 PV 6 5 4 3 Star Director 3 SP 40 PV : 1001 PV 6 5 4 3 2 Diamond Director 4 SP 40 PV : 501 PV 6 5 4 3 2 1 Crown Director 6 SP 40 PV 6 5 4 3 2 1 Universal Crown 8 / 6** SP 40 PV 6 5 4 3 2 1 Director Double Crown 12 / 6** SP 40 PV 6 5 4 3 2 1 Director Double Universal 16 / 6** SP 40 PV 6 5 4 3 2 1 Crown Director Car Fund (CF) 5% Vestige provides a generous Car Fund (CF) to Star Directors and above. The CF allocates 5% of company's monthly total PV and is computed by a "Point Sharing System" based on the Car Fund points earned by the qualifiers. CF value per point will vary each business month and is computed monthly as per the formula shown below: 5% of total Company’s monthly PV = CF Point Value Total CF points collected This is also based upon the Director Bonus qualifications and is paid out according to the same Pre-requisites level. 1 A distributor qualifying for the Car Fund has to purchase a car after getting an approval from the company. REQUIREMENT FOR CAR FUND PROFIT SHARING 2 The Car Fund may also be used for Business POSITION QUALIFICATIONS CF’s POINTS Development after getting approval from the Company. Star Director/ Have monthly personal Based on purchase of 40 PV 3 Rs 80,000 per business month is the maximum Diamond Director Bonus Director/ Have three qualified points system you can earn in CF. Crown Director/ Director## groups computation Universal (Bronze Director & Crown Director/ above) directly or Double indirectly under him/ her Benefit Crown Director/ Maintain minimum Star Once you have qualified for the Car Fund, you Double Universal Director status for three Crown Director consecutive business can enjoy the Car Fund continuously till the months time you have qualified as a Silver Director. To enjoy CF from fourth business month onwards ## Must have PGPV of 2001 PV, this will be excluding business volume of the 16% downlines. **For 6 Directors Group criteria, please refer to Director Bonus Chart Table 2 on page 5. 07  M A R K E T I N G P L A N House Fund (HF) 3% Vestige provides a generous House Fund (HF) to Crown Directors and above. The HF allocates 3% of company's total PV and is computed by a "Point Sharing System" based on the House Fund points collected by the respective qualifiers. HF value per point will vary each business month and is computed monthly as per the formula shown below : 3% of total Company’s monthly PV = HF Point Value Total HF points collected This is also based upon the Director Bonus qualifications and is paid out according to the same level. Pre-requisites 1 The house fund earnings will be released by the REQUIREMENT FOR HOUSE FUND PROFIT SHARING Company in the following business month along POSITION QUALIFICATIONS HF’s POINTS with the Bonus Cheque. Crown Director/ Have monthly personal Based on 2 Rs 100,000 per business month is the maximum Universal purchase of 40 PV Director Bonus Have six qualified you can earn in HF. Crown Director/ ## points system Double Director groups (Bronze computation Director & above) directly/ Crown Director/ indirectly under him/ her Benefit Double Universal Maintain minimum Crown Once you have qualified for the House Fund, Crown Director Director status for three you can enjoy the House Fund continuously consecutive business months To enjoy HF from fourth till the time you have qualified as a Silver business month onwards Director. Elite Club Bonus (ECB) 2% Vestige provides Elite Club Bonus to distributors above the level of Universal Crown Directors. ECB is computed monthly as per the formula shown below : 2% of total Company’s monthly PV = ECB Point Value Total ECB points collected DIRECTORS QUALIFIED DIRECTOR LEVEL IN % STATUS GROUP QUALIFYING CONDITIONS YOU 1 2 3 4 5 6 7 8 9 Universal Crown Table 1 Director 8 SP 40 PV + 3 LOB legs 6 5 4 3 2 1.5.5 Double Crown SP 40 PV + 4 LOB legs Director 12 6 5 4 3 2 1.5.5.5 Double Universal Crown Director 16 SP 40 PV + 6 LOB legs 6 5 4 3 2 1.5.5.5.5 Alternative DIRECTORS QUALIFIED DIRECTOR LEVEL IN % STATUS GROUP QUALIFYING CONDITIONS QUALIFYING CONDITIONS YOU 1 2 3 4 5 6 7 8 9 Table 2 Universal Crown GPV 2 Lac/Maximum 1 Lac Director 6 SP 40 PV + 3 LOB legs 6 5 4 3 2 1.5.5 PV counts from 1 Leg Double Crown SP 40 PV + 4 LOB legs GPV 5 Lac/Maximum 2.5 Director 6 6 5 4 3 2 1.5.5.5 Lac PV counts from 1 Leg Double Universal GPV 10 Lac/Maximum 5 Lac Crown Director 6 SP 40 PV + 6 LOB legs 6 5 4 3 2 1.5.5.5.5 PV counts from 1 Leg Rs 20,00,000 per business month is the maximum you can earn in ECB. For ECB, only the monthly level will be considered and not the permanent level. V E S T I G E P O L I C Y Product Guarantee Vestige (hereinafter called the Company) offer products of international quality to every customer. If the product purchased by the distributors or consumers are of inferior quality or with manufacturing defects, the Company guarantees replacement. However, this guarantee does not extend to damages or contamination due to expiry, negligence or deliberate act. ## Must have PGPV of 2001 PV, this will be excluding business volume of the 16% downlines. 08  V E S T I G E P O L I C Y Product Return Policy In case of any dissatisfaction, manufacturing or packaging defect, customers/distributors can return/exchange the product. The customers/distributors must contact the distributor/Company from whom they had purchased the same, within 30 days from the date of purchase. They have to give a reason and return the said products along with the original customer order receipt copy/invoice. In such cases, it is the distributor's obligation to satisfy the customer’s need for money refund or replacements of products. The distributor can then return these products, with original Invoice to the Company. The Company will replace these products free of cost or if the distributor does not want the same products, the Company will give a cash voucher (zero PV) of the same amount, which can be used by the distributor within 30 days for purchasing products of their choice. Documents Required Product Return Form Reason for return Copy of Invoice Products to be returned Buy Back Policy The Company provides a Buy Back Policy to the distributors who wish to resign from his/her distributorship and return any Vestige products that are in good condition, useable, resaleable, restock-able, unopened, unaltered and must have a shelf life of at least four months. If the distributor resigns within 30 days from the purchase of the products, Vestige shall provide a full refund for the products to the distributor after deducting bonus paid (if any) and reversing the PV on the products (if any). If the distributor resigns from his/her distributorship after the expiry of 30 days from the date of purchase of products from Vestige, the amount refunded against the products being returned will be equal to distributor cost of the products being returned, less total bonus paid out by the Company on the original purchase, less GST, less 10% service charge. The Buy Back Policy is designed to impose upon the sponsor and the Company – the obligation to ensure that the distributor is buying products wisely. PROMOTION, ADVERTISING, SALES AND MARKETING POLICY The Company has developed and follows its own policy for Under special circumstances, the Company may allow promotion, advertising, sales and marketing of its products. distributor(s) to create customised literature and/or adver- The distributor(s) should implement such policy. Under no tisement. However, for this purpose, interested distributor(s) circumstances, distributor(s) are allowed to alter or formulate shall have to submit a detailed plan in advance to the policies. However, distributors are encouraged to provide Company for its approval. Unless written approval is given by inputs and suggestions for the Company's consideration. the Company, none can digress from the form and content of Company does not allow its products to be stored, displayed the Company's literature/policy for promotion, marketing and or sold in wholesale or retail outlets. Each distributor is sales. expected to report such instances, whenever it comes to their notice along with a note indicating the per- On expiry or termination of distributorship, the distributor son/distributor responsible for and the circumstances behind shall remove and discontinue the use of all Company signs, such instance. logo and/or any other representations and shall not use any name, signs, label, stationery, product name, copyrights, designs Sale and purchase of the Company's products amongst and/or any printed material related to any of the Company's distributors and staff of the Company is not permissible. products. If the above condition is violated, the Company in its Upon detection of such instances, strict action shall be taken discretion may take legal recourse against the errant distribu- against the persons involved. Sale of products at price(s) and tors. in packages other than the one determined and implemented by the Company is strictly prohibited. Acts of sale of products The distributor shall provide the following details to the at price(s) other than the prescribed price for competing with consumer upon sale of products by the distributor other distributors or otherwise shall be seriously viewed; in such cases Company may terminate distributorship of the (a) the name of the purchaser and seller; person(s) found responsible for such act and forfeit their (b) the delivery date of goods or services; bonus entitlement/arrears. (c) procedures for returning the goods; and (d) warranty of the goods and exchange/replacement of Distributors are not allowed to carry out their own promo- goods in case of defect. tions unless they have written approval from the Company for the same. The Company designs, prints, publishes and In case the distributor is selling or offering for sale products on circulates product information, plan and vision related an e-commerce platform/marketplace, the distributor must literature for marketing and sales of its products. Distributors take prior written consent from the Company in order to are not allowed to deviate there from. undertake such activities. 09  V E S T I G E P O L I C Y Reporting Policy distributorship business of the auction purchaser. Though in general course of business all distributors Funds realised through aforesaid auction may be are expected to report to their Upline and guide distributed amongst distributors considered as their Downline as per mutual convenience and eligible for incentives as per the Company's situational demands, all distributors are required to guidelines as may be in vogue at the relevant point report 'extra ordinary situations' directly to the of time. Company and seek guidance. In case the Company doesn't get any buyer for the Reward / reconciliation / vacancy policy network linked with any vacant distributorship, an administrator will be appointed to conduct business In cases of vacancy in distributorship caused due to of the network and to supervise the network death (with no heir/nominee), and in cases of efficiently. Only after the Company is satisfied about resignation, termination, cancellation, inactive smooth management and growth of such network distributorship, unclaimed distributorship of and related business, it may distribute such network Diamonds and above as the case may be, the amongst leaders who are at the same/higher level Company shall auction the network linked with than the level of the distributor whose network such vacancy amongst existing Diamond Directors was being administered, or in a manner which the or higher levels and the highest bidder will get such Company feels will be in the best interest of the network. The network so purchased will remain in Business. The Company's decision with regard to its existing position in the line of sponsorship and this policy will be final. shall be known as/made second authorised C O R P O R A T E C O M M U N I C A T I O N Our corporate identity and stationery is We have prepared a stationery template for you. This fundamental to the way we communicate. It is the template is designed to help you endorse the Vestige way we present ourselves to the customers. brand. It is recommended that a unifying corporate These are our vital assets, reflecting our brand identity and visiting card be used for all your business image, unifying all our operations and providing a transactions. You must ensure that the font, typesize, recognisable endorsement of quality. Our identity colours, spaces and other details are consistent with and stationery provides us with consistency and Vestige's standard. recognisability. But we must have the discipline to You shall not provide literature and/or training ensure that our corporate identity standards are material not restricted to collateral maintained. It is about ensuring the future issued by us, to a prospective and/or existing reputation of our Company and it is a job that distributors, which has not been approved by us. comes down to all of us. Our identity and visiting card standards are outlined below — 7mm Distributor Full Name Designation INDEPENDENT VESTIGE DISTRIBUTOR 8.6 X Vestige Marketing Pvt. Ltd. Local Address of Distributor Local Address of Distributor X p +91 XX XXXX XXXX 2.3 X f +91 XX XXXX XXXX 7mm m +91 XXXXX XXXXX e [email protected] w myvestige.com 80C | 0M | 100Y |10K PANTONE (solid coated) : 362C 7mm 100C | 70M | 0Y |10K PANTONE (solid coated) : 293 C 0C | 0M | 0Y | 100K PANTONE : Pantone Black C CARD DIMENSION : Font : Gill Sans Std Bold | Type Size : 7.5 52mm(HEIGHT) x Font : Gill Sans Std Light | Type Size : 7.5 Typeface of Logotype : Frutiger Lt Std Black 87mm(WIDTH) Font : Gill Sans Std Regular | Type Size : 7.5 Font : Gill Sans Std Light | Type Size : 5.75 Stroke thickness Font : Gill Sans Std Light | Type Size : 7.5 (blue & green)=.75 pt Font : Gill Sans Std Regular | Type Size : 8.5 10  C O D E O F E T H I C S Distributors are required to observe the Vestige Code of Ethics at all I will not encourage distributors recruited by me to purchase goods/services/ times.The Company reserves the right to terminate distributorship at any time literature or sales demonstration equipment in unreasonably large amounts. for any violation. Upon enrollment, distributors are expected to pledge the 6. I will not use the Company's trade name(s), information, literature, advertising following : material, and gathering of people or other resources including Intellectual 1. That 1 will follow the highest standards of honesty and integrity in the Property to introduce and promote interests of any entity other than the Vestige Business. Company. 2. I will present the Company's marketing plan accurately and honestly, clearly 7. I will strive to ensure that my customers and fellow distributors are satisfied portraying the level of effort required for achieving success. I shall not use with the Company's products and my services. misleading, false, deceptive, and/or unfair recruiting practices, including 8. I will abide by the Vestige distributor's Rules and Regulations at all times. misrepresentation of actual or potential sales or earnings and advantages of 9. I will not resort to any fraudulent act in promoting the Company's business at the business to any prospective distributor, during interaction with them. the expense of the Company and fellow distributors. 3. I will not make negative or disparaging remarks about the Company, its 10. During distributorship and thereafter, I will not do anything that may adversely products, officers, employees or other people and products. I will be respectful affect the Company, its reputation and business interests. to the Company as well as the direct selling business. 11. I shall not use misleading, deceptive, and/or unfair trade practices. 4. I will not sell the products of Vestige through retail outlets. 12. I shall take appropriate steps to ensure the protection of private information 5. I will not instigate, encourage, indulge and/or guide downlines for bonus provided to me by the consumers. rebate/refund of commission. P O L I C I E S / R U L E S + R E G U L A T I O N S The following Rules & Regulations of Vestige Marketing Pvt. Ltd. (the Company) are formulated and implemented for safeguarding rights and dignity 2 Bonus Payment of the distributors while regulating conduct of business. In order to mould a. Bonus for all distributors is computed once in a calendar month, and commen- yourself as a responsible and ethical distributor of Vestige, you must understand surate with the business done in the relevant business month. Pay outs will be and abide by the Policies/Rules and Regulations of the Company; any violation issued by the Company to the registered distributors as per Company’s policy. of the same can result in termination of your distributorship. b. On receipt of monthly payout distributors should check accuracy of computa- The Company reserves the right to amend its Policies, Rules and Regulations tion. Any queries in this respect should be made within 14 days from the date of without issuing prior notice or clarification. You are expected to visit the issuance of payout by the Company. In the absence of such queries the figures Company's website from time to time and keep yourself abreast with updated mentioned in the statement shall be final and binding. policies, rules and regulations. c. It is mandatory for the distributors to provide their address and bank details. 1 Eligibility to Become a Distributor They must also send to us information as per Company Guidelines if there is any change in their address/bank details/mobile no/email id. A. Individuals d. In order to receive Bonus, the distributor must mandatorily provide his/her Bank a. Individuals aged 18 years and above, or as per their respective State's legally- Details to Vestige. In case the distributor fails to provide the Bank Details, Vestige mandated age, can apply to be a distributor of the Company. reserves the right to withhold the bonus amount. b. The Company has absolute discretion to decide whether to accept or reject an application. 3 Procedures for Dealing with Instances of Violation c. Distributor of the Company is not an agent, representative or employee. The The Company provides guidance and advice to deal with situations involving relationship is on principal to principal basis. breaches and violation of its policies and these rules and regulations. The d. All applications must be sponsored by an existing distributor. Company shall also take appropriate action against the distributor(s) involved. In e. Wife and husband constitute a single unit for the purposes. the event of any violation, the following procedure needs to be observed: f. Son or unmarried daughter of a distributor can join the Business with their independent ID if the line of sponsorship is under their Family^^ ID. Similarly any a. A complaint has to be lodged immediately upon knowing about violation of of the family members can join under their son/unmarried daughter. any Policies/Rules and Regulations of the Company. The complaint must be given in writing by giving details of the alleged violation, also he/she must inform his/her B. Legal entities (such as HUF, partnership firms, LLP, Company, Society and upline about the complaint. Trust). b. Upon receiving the complaint, the Company shall immediately notify the a. In such cases, registration shall be in the name of the legal entity. distributor involved, requesting a swift response by way of a chance to explain b. A copy of the constitution, deed, articles of the association along with his/her case. Company may in appropriate cases institute such action suo motu. certificate of institution/incorporation, as may be applicable for the entity and c. In case of inadequate information, the Company may request for more details PAN card should be submitted along with the application form. In cases of from either party. HUF, copy of PAN card would suffice. d. If the Company is convinced that the only way to restore normalcy is to c. Liability and entitlement of such entity is as per law of the land. Bonus suspend or terminate distributorship, it shall convey its decision by writing a letter payment would be made by the Company in the name of the entity. to the distributor concerned. The letter shall be posted through Registered mail/ d. No change in constitution of the entity (including its partners /shareholding/ Courier to the last known address of the distributor as listed in Company's constitution/members/trustees et Al.) shall be entertained by the Company. database and the post mark shall be taken as proof of receipt. The Company e. Company will communicate only with a person/official duly authorised by reserves the right to take necessary action against the terminated distributor the entity under written intimation to the Company in advance. including seeking compensation, recovery, damages and legal costs incurred, if any. f. In case of dissolution/winding up/insolvency of the entity, bonus However, the Company reserves the right to amend or modify any part of the entitlement / arrears, if any shall be released to the successor entity upon above decision if and when such a need is felt by the Company. submission of proof acceptable to the Company. Claim(s) in this respect shall not be entertained after 90 days from the incident of dissolution/winding up or declaration of insolvency. 11  CODE P O LOFI ETHICS C I E S / R U L E S + R E G U L A T I O N S 4 Renewal of Distributorship (I) If an active distributor is found promoting a network in another line of Sponsorship including but not limited to promoting the network of a blood 1. The Company does not charge any renewal fee. Distributorship is relative/relative/acquaintance or Company/firm/entity/enterprise (whose beneficiary is discontinued if the distributor resigns and if the resignation is accepted by any of the listed above), at any Vestige event/office/DLCP, on social media or any the Company. The distributorship is terminated by the Company if the other location, then the Company will take appropriate action against that distributor. distributor does not conduct any Business with the Company for more than Once the other ID/IDs for which the distributor has been doing activities/promotion two years or for any violations of Company policies. is identified, the ID/IDs for whom the distributor is doing activities/promotion will be 2. In the above cases the distributor will be required to put forth his/her terminated and the network under the ID/IDs will move up to the next higher id. claims within one month of the date of the above happenings, thereafter no (ii) In the event any distributor is found doing activity in any network including but claim will be entertained. The claims will be settled as per Company's Policy. not limited to promoting the network of a blood relative/relative/acquaintance or 3. The limitation period of claiming any amount due to the distributor by Company/firm/entity/enterprise (whose beneficiary is any of the listed above), at any Vestige shall be three years. No claims after a period of three years from the Vestige event/office/DLCP, on social media or any other location, during the cooling due date shall be entertained by Vestige. off period (within six months of resigning –termed as inactivity rule or period), the 5 KYC related ID will be treated as a second ID and the same will be terminated and the network under the ID/IDs will move up to the next higher id. A person/entity who completes the KYC (Aadhar Card, Driving License, Voter (iii) Appearance in any form of meetings offline or at any digital platform, etc., within ID Card, Passport, Ration Card, or any other identity document(s) issued by the cooling off period of resigning, will render the resignation of the distributor in any State Government or the Central Government, which can be verified) question nullified due to violation of the inactivity rule. The distributor's “cooling off ” formalities and fills the Distributor Application + Agreement Form (the period will be recounted from the date of the second ID's termination. “Applicant”) shall be assigned an Applicant Number. The Applicant Number (iv) The Company will take strict action for Cross Sponsoring as per the above rules. shall be valid for 35 days and the Applicant shall be confirmed as a distributor In addition the Distributor who was involved in Cross Sponsoring will be severely pursuant to it carrying out atleast one transaction within 35 days from the warned and fined/suspended for such activities. If the Distributor does not stop such date of submission of the Distributor Application + Agreement Form. activities the Company will terminate the distributorship and also withhold the Bonus 6 Submission of Distributor Application Form payment of any distributor who is found continually doing Cross Sponsoring of any Subject to Compliance With Clause 5; other existing Distributors. In addition if the distributor is running any DLCP/MINI a. In case a prospect fills the hard copy of Distributor Application Form (DAF), DLCP/DCC, the same will also be closed down by the Company. he/she shall be entitled to commence business and build a network only upon (v) After resignation/termination the network will go to his/her direct upline, subject completion of Know Your Customer (”KYC”) and physical submission of to Renewal/Reconciliation/vacancy Policy of the Company. Distributor Application Form (DAF) at any of the Company's Centres and only (vi) If the Company receives a complaint within twelve months of Cross Sponsoring, after an order has been placed. and after investigation it is found that the complaint is valid, then the Company will b. In case the prospect fills the DAF online and sends the scanned copy of terminate the second/later ID/IDs of the distributor and the network developed signed DAF along with KYC documents to the Company, the distributor can under the second/later ID/IDs will be shifted under the first ID or can remain under commence Business with the Company only after an order has been placed.. the terminated ID as per the decision of the management. However, if the distributor does not submit the copy of DAF with signatures (vii) However, in a situation, when the complaint against a distributor regarding Cross (to be verified with Passport/Driving License/PAN) within 35 days of joining Sponsoring is filed within twelve months, but the ID/IDs are not identified within the online, the distributor’s ID will become invalid. same period, then the complainant must submit the details of such ID/IDs within three months of filing the complaint. The Company will take action as per above 7 Representations Made by Distributors clause (vi) after getting the details of other ID/IDs. a. Distributor(s) shall not exaggerate or misrepresent benefits associated (viii) If the complaint is received after more than twelve months of a distributor with the Company and the Company's products and services. taking other ID/IDs, the same will not be entertained. On receipt of such complaint, b. Distributor(s) must know and convey that earnings come only through the Company will terminate one of the IDs of the distributor, which ever the hard work, commitment and consistent efforts. company may deem fit, and the network will remain with the active ID. (ix) If any distributor is found taking different IDs, the Company will take strict action c. Distributor(s) shall not make claims other than what is mentioned in the against the distributor which can also lead to the termination of all the IDs, as and Company's plans and literature about products, quality and earnings. when they are discovered. Company has the unconditioned rights to take any and all actions including In case the Management finds out that the registration of a distributorship/ seeking damages for distributor's action/inaction inviting and causing illrepute second ID was done through unethical means, or without the distributor's / loss to the Company for misdeclaration or misrepresentation. consent/knowledge, or by submitting illegible/invalid documents, then the Company 8 Labeling, Packaging and Pricing will terminate the ID/IDs, which the management may deem fit and the network of The product description, labeling, pricing and packaging done/determined by the such terminated ID/IDs will move up to the next higher distributor. In addition, the Company is final and sacrosanct. No alteration is permissible in these. distributor who initiated the above mentioned activities will be subjected to Distributor(s) are not authorised to relabel, repack, and alter description or sale disciplinary action by the Company that may result in the Company products loose or in a form not originally caused by the Company or at a price suspending/terminating/withholding bonus payments of the distributor and/or not fixed by the Company. Allegations against distributor(s) for contravening imposing a fine on the distributor. this rule shall be investigated and appropriate action will be taken. The Company shall be free to decide the appropriate penalty in all cases of 9 Cross Sponsoring/Multiple IDs Cross Sponsoring/Multiple IDs and its decision in this regard shall be final. No Cross Sponsoring of distributorship shall be allowed. “Cross Sponsoring" in this context means: 10 Place Order a. Signing up an existing distributor from another group. The distributor has to place order (with PV, excluding orders on Vestige Best Deals) b. Signing up the wife when the husband is already a distributor or vice versa. within 35 days of joining. If the order is not placed then it will result in distributor's c. Signing up under another sponsor to operate his/her new distributorship application not being accepted by the Company and the ID will be rendered invalid. when his/her previous distributorship is still valid. d. Allowing other people or relative to use his/her distributorship to do business. 11 Inactive Distributor e. If son or unmarried daughter joins the business with their own ID but their line of sponsorship is not under their Family^^ ID, then such a case will be Irrespective of the level attained, if a distributor does not place any order in preceding treated as cross sponsoring and the ID taken by son/unmarried daughter will be twenty four months or more, since the DAF was entered or since the last purchase by terminated. the distributor, then the Company reserves the right to take a decision (including Same will apply for any of the family members not joining under their son/ termination) regarding the distributorship of the said distributor. If the distributor does unmarried daughter's line of sponsorship. not place any order with the Company for the preceding nine months, the distributor In the event of Cross Sponsoring or in the event of a distributor using a second will be termed as an “Inactive distributor”. After completion of inactive period the or multiple IDs, the following procedure shall be followed: distributor can join under any of the distributors, and can take a fresh ID. 12  PCODE O L OF I ETHICS C I E S / R U L E S + R E G U L A T I O N S However new id if taken under Family^^ must be in the same line original status. However, one amongst the two may resign from distributorship / of Sponsorship. If any distributor takes a fresh ID after an inactivity Star Directorship and the couple may apply for a single distributorship through "partnership" (comprising both of them as partners).This partnership will period of nine months, then the first ID will be treated as invalid. replace the distributorship of the distributor who does not resign and the Structure will remain unchanged. In such cases, original downline structure of 12 Expiry/Cancellation/Resignation/ the distributor who resigns for reasons of marriage in terms of this sub-clause Succession of Distributorship shall remain unchanged. Even in this case both of them shall separately intimate the Company about their marriage within 30 days from the date of their marriage. a. Any distributor may resign from distributorship by submitting an e. Incase such couple does not form any ‘partnership firm’ within 30 days from their date of marriage or either of them does not inform factum of their application and required documents. Acknowledgement of receipt marriage to the Company, the Company reserves the right to cause of such communication constitutes resignation. A person who appropriate changes in their downline/network and merge their business(s) of resigns or whose distributorship is cancelled/terminated may two distributorships into one with conditions as may be deemed appropriate to reapply for distributorship only after a lapse of a period of 6 the Company and/or cancel distributorship of one or both as per its discretion. months (cooling period) from the date of resignation/cancellation/ 14 Separation termination of his/her last distributorship. The fresh distributorship may be granted by the Company after reviewing the application. In case of divorce amongst couples having distributorship through 'partnership firms' formed as aforesaid, benefits of distributorship and the distributorship itself In such cases the person cannot have any claim whatsoever over shall be apportioned or transferred as the case may be in terms of the 'deed of the downline(s)/business he/she had prior to reapplication of the partnership'. Such changes in distributorship of the 'partnership firm' shall be distributorship. caused by the Company only on completion of 90 days after receipt of the b. In case a distributor resigns for certain unforeseen 'decree of divorce' granted by a competent court. The distributorship of the circumstances, subject to Company's satisfaction, he/she may partnership firm of the couple shall be put under suspension with effect from the transfer the distributorship to his/her blood relative only (proper date of commencement of divorce proceedings between the couple and during proof and documentation required). pendency of divorce proceedings, the Company in its discretion, may as a special c. Distributorship in ordinary circumstances expires upon death arrangement, allow (without insisting upon lapse cooling period) both parties do or proven incapacity of the distributor. However, nominee of the Vestige business separately as freshly appointed distributors. After the judgment deceased upon evincing interest to succeed distributorship may of the court, the suspension of the spouse in whose name the court has be allowed by the Company. In cases where the nominee does approved for distributorship to be continued, can continue as a distributor, and not come forward till 3 months from the date of death or the partnership will stand dissolved. In case the judgment is silent on the issue, incapacitation of the original distributor as the case may be, the distributorship under partnership will stand terminated. successor of the deceased upon submitting appropriate In cases where a married couple is distributor and co-distributor and any of them documentation and evincing interest to succeed distributorship files a petition for divorce, the Company shall only consider the distributor as its may be allowed by the Company. However, under no principal distributor and no rights shall accrue to the co-distributor except when circumstances such distributorship will be entertained after 6 a decision is taken on the issue of succession of distributorship by an appropriate months from the date of death or knowledge of incapacitation of court (whether interim or final). However, this shall be subject to a final decision the distributor either from nominee or successor. by the Company. d. Distributorship may be cancelled/terminated, declared 15 Waiver unclaimed or suspended by the Company for the reasons mentioned in the Company's Policies/Rules and Regulations. a. The failure of the Company to exercise any rights stated in the Company Rules and Regulations or in the Distributor Application Agreement shall not constitute a 13 Marriage waiver of the Company's rights to demand exact compliance therewith. b. Any waiver by the Company can and shall only be affected in writing by a. The Company treats wife and husband as one single unit for the authorised personnel of the Company. purposes of distributorship. c.The Company reserves all rights to take all decisions which it feels are b. In situations where two independent existing distributors marry each other, upon marriage both of them are deemed to have necessary to protect the best interests of its distributors, customers and its surrendered their distributorship. The distributors who are married business including decisions concerning implementation of this Business Plan. The to each other, shall separately intimate to the Company about their Company's decision in this regard shall be final. marriage within 30 days from the date of their marriage. Subject to conditions of other sub-clauses of this clause one amongst them 16 Prohibited Act ought to resign within 30 days from the date of marriage, failing A distributor shall not which distributorship of both distributors shall be cancelled. a. Incur any liabilities or Debt in the name or on behalf of the Company. Original downline structure of the distributor who resigns for b. Enter into, modify or alter any contract in the name of the Company. reasons of marriage in terms of this sub-clause shall remain unchanged. However, to maintain relationship with the Company c. Engage itself or show interest directly/indirectly as agent, servant or and to conduct Vestige business, the Couple may form a licensee for sale of any product/goods other than those of the 'partnership firm' in lines of the model 'deed of partnership' Company, in any trade, business or profession in competition with the Company. prescribed by the Company for the purposes of common Glossary of terms distributorship, and submit the same under cover of a joint application seeking distributorship for such 'partnership firm' within PV : Point Value – every product ordered is 30 days of their marriage. This partnership will replace the assigned fixed PV. PV accumulated by self distributorship of the distributor who does not resign and the and group determines the achievement level. Structure will remain unchanged. SP : Self Purchase – purchase on self ID in any given month. c. Upon marriage amongst two existing distributors and they being PGPV : Personal Group Point Value is the business given ‘partnership’ (irrespective of their cadre / level), they shall have of your entire group and does not include a joint bank account and inform such particulars to the Company the business of your qualified director groups. within 60 days from the date of marriage. The Company upon Exclusive Self purchase + 5% to 12% legs' PV in any receipt of such intimation shall credit payouts / bonus earned by given business month. the ‘partnership’ in such account. If the account is not opened, no PV : Bonus will be paid out by the Company and the Partnership firm GPV : Group Point Value is the business generated will have no lien on the Bonus earned for the period. However, this by your qualified director groups. sub-rule will not be made applicable for distributor couples who CPV : Cumulative Point Value is the business are both Star Directors and Car Fund Achievers unless of course accumulated by your group. they want such an arrangement. TPV : Total Point Value – it consists of your PGPV + GPV. d. If both distributors are Star Directors and Car Fund Achievers, then their individual distributorships may separately be retained at ^^Family : Grand parents/parents/self  Vestige Marketing Pvt. Ltd. A 89, Okhla Industrial Area, Phase II, New Delhi 110 020, India © & TM India, 2019. All rights reserved. Contact Us: Manager-Customer Care Toll Free No. 1800 102 3424 +91 11 4310 1234 [email protected] myvestige.com April 2024 MRP ` 30.00 incl.of all taxes 8 906031 310335 /VestigeMkt /vestigemkt /vestige_official /c/VestigeMedia