The Company shall be obliged to buy back any products previously purchased by the IRs within six (6) months from the date of purchase at a sum not less than ninety per cent (90%) of the amount paid subject to administrative charges of 10% and deduction of bonuses/commissions in accordance to subclause 6.03 below. If you have received the products or any materials from us relating to the products before you cancel your contract then you must send the products or those materials back to our contact address at your own cost and risk. If you cancel your contract but we have already processed the products for delivery you must not unpack the products or any such related materials when they are received by you and you must deliver the products or those related materials back to us at our contact address at your own cost and risk as soon as possible. Once you have notified us that you are cancelling your contract, any sum debited to us from your credit card will, subject to the deduction of an administration fee, be re-credited to your account as soon as possible and in any event within thirty (30) days of your order PROVIDED THAT the products in question are returned by you and received by us in the condition they were in when delivered to you. If you do not return the products delivered to you or do not pay the costs of delivery, we shall be entitled to deduct the direct costs of recovering the products from the amount to be re-credited to you. 3.10
Exchange Product(s) Policy
Subject to the approval of the Company and stock availability, an IR may apply to the Company to request for exchange of product(s) previously purchased within ten (10) days from the date of purchase. The product(s) for exchange must be in original marketable and saleable condition, not used, and not damaged and must be accompanied with:a) Copy of invoice(s)as proof of purchase; b) Copy of authorisation letter(if request is on made on behalf of another IR); and c) Copy of IR ID and NRIC (National Registration Identification Card) Request for exchange will be initiated after the receipt of the product(s) for exchange and the above required documentations together with an administrative charge of RM70.00 per invoice. If the request for exchanged is of higher value (RM), the IR is required to pay the differential value (RM). In the event the value (RM) of the product for exchanged is lower, the differential value (RM) will not be refunded back to the IR and the BV and commission allocated prior will be deducted accordingly. 4) Appointment 4.01
IR status
Once the Company accepts an applicant’s IR Application Form, the Company will grant to the applicant an IR status within the Compensation Plan by sending to him/her a written notice and thereafter the applicant becomes a IR. The Company will give the IR a IR Identification Number. The IR shall include his/her IR Identification Number in all his/her orders and correspondences with the Company. 4.02
Rescission by the Company
The Company reserves the right to rescind the said acceptance at its sole discretion within sixty (60) days from the date of receipt of the application. Upon rescission of the acceptance, the Company shall give notice to the applicant to notify him/her of the rescission. However, the Company is not obliged to give any reason