COMPENSATION PLAN
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Transcript of COMPENSATION PLAN
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LifePharm, Inc. is the parent company of LifePharm Global Network, which has been involved in the development, marketing and distribution of premium nutraceutical and cosmeceutical products since 2001.
LifePharm, Inc.’s products are currently available in over 1300 retail outlets throughout Southeast Asia.
In creating this compensation plan, we did not hire a specialist or consultant who naturally tends to create a plan beneficial to the company. Instead, we sat down with various networking business leaders from the US and various international countries such as yourselves and let ‘you’ have a free reign on creating what would be a money making plan entirely from your point of view.
Our aim was to come up with a totally unprecedented, yet simple, straight forward and easy to achieve Compensation Plan, unequalled and unparalleled to any companies out there.
We are proud to unveil a totally new approach in Compensation Plan, which we believe to be the first and only plan in the world that was created entirely by ‘you’, our Independent Business Owners (IBOs) and associates, with the main objective of ensuring you never fail in the networking business again.
BYFORYOU
By You, For You
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Each new IBO receives LPGN products, a website, and a Back Office for their business.
FAST START BONUS - earn a Fast Start Bonus for each person you enroll. LPGN pays you a percentage of the personal CV on each new IBO sponsored.
BREAK EVEN BONUS - each month LPGN will pay you $2 - $4 on the autoship volume of each IBO you enrolled. This is limited up to the monthly amount of your own Auto-Delivery.
Get your shipments of Laminine for free every month!
STARTBUILDING
YOUR
TEAM
Start Building Your Team
4Retail Profit
YOUWHOLESALE
PRICE$33/BOX
RETAILPRICE
$43/BOX
CUSTOMERYOU EARN
$10EXAMPLERETAIL PROFIT
5Fast Start Bonus
Only on first orders of your personally enrolled membersFast Start Bonus Paid Weekly
You receive 15% of the CV of the initial order on all IBOs that you personally enroll into LifePharm Global Network.
FAST STARTBONUS
6Break Even Bonus
Break Even Bonus will not exceed your own personal order value in a month
BREAK EVENBONUS
A Break Even Bonus will be paid back to you on all Auto-Delivery orders made by IBOs you have directly enrolled. Only on Auto-Delivery orders of your personally enrolled members.
Paid Weekly.
LAMININE$4
7Rank Qualifications
RANK QUALIFICATIONS
ASSOCIATE
PERSONALS
PERSONALVOLUME
2
25 CV
BUILDER
PERSONALS
PERSONALVOLUME
3
25 CV
LEADER
PERSONALSORBUILDERS
PERSONALVOLUME
6
2
25 CV
PREMIER
PERSONALSORBUILDERS
PERSONALVOLUME
10
5
43 CV
82X12 Matrix Bonus
MATRIXBONUS
ASSOCIATE
LEVEL 1LEVEL 2LEVEL 3LEVEL 4LEVEL 5LEVEL 6LEVEL 7
GET PAID 2%GET PAID 2%GET PAID 3%GET PAID 4%GET PAID 4%GET PAID 4%GET PAID 4%
2X12Get paid commissions on sales from your team weekly. Commission is calculated from the total commissionable volume from all products sold in a given week. Each product sold has an assigned CV. Enroll two people and become an Associate and get paid down 7 levels. You must meet the minimum 25 CV to qualify.
25 CV & 2 PERSONAL ENROLLMENT
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BUILDER LEADER PREMIER
LEVEL 1LEVEL 2LEVEL 3LEVEL 4LEVEL 5LEVEL 6LEVEL 7LEVEL 8LEVEL 9LEVEL 10LEVEL 11LEVEL 12
LEVEL 1LEVEL 2LEVEL 3LEVEL 4LEVEL 5LEVEL 6LEVEL 7LEVEL 8LEVEL 9LEVEL 10LEVEL 11LEVEL 12
LEVEL 1LEVEL 2LEVEL 3LEVEL 4LEVEL 5LEVEL 6LEVEL 7LEVEL 8LEVEL 9LEVEL 10LEVEL 11LEVEL 12
GET PAID 2%GET PAID 2%GET PAID 3%GET PAID 4%GET PAID 4%GET PAID 4%GET PAID 4%GET PAID 4%GET PAID 4%GET PAID 4%
GET PAID 2%GET PAID 2%GET PAID 3%GET PAID 4%GET PAID 4%GET PAID 4%GET PAID 4%GET PAID 4%GET PAID 4%GET PAID 4%GET PAID 4%
GET PAID 2%GET PAID 2%GET PAID 3%GET PAID 4%GET PAID 4%GET PAID 4%GET PAID 4%GET PAID 4%GET PAID 4%GET PAID 4%GET PAID 4%GET PAID 3%
25 CV & 3 PERSONAL ENROLLMENTS
25 CV & 6 PERSONAL ENROLLMENTS
OR 2 BUILDER RANK DISTRIBUTORS
43 CV & 10 PERSONAL ENROLLMENTS
OR 5 BUILDER RANK DISTRIBUTORS
Rank Bonus
MATRIX BONUS
All levels receive dynamic compression to pay bonus on a weekly basis.
Grow with us and get paid more commissions on more levels.
10Matrix Match Bonus
MATRIX MATCH BONUS
ASSOCIATE15%
LEADER20%
BUILDER20%
PREMIER20%
Receive an additional bonus on your first two personally enrolled IBOs matrix earnings.This is paid as a percentage from their weekly matrix income.
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The Coded Bonus pays “Infinity Wide” beginning from the 3rd IBO you personally enroll and each one you personally enroll thereafter. The Coded Bonus percentage is based on your Rank:
Builder - 2%Leader - 6%Premier - 10%
The Coded Bonus also pays Infinity Deep. Beginning with your 3rd personally enrolled IBO, and their first 2 personally enrolled and their “First Two” and their “First Two” and their “First Two” and so on Infinity Deep.Please see the next 2 pages for diagram explanation.
CODED BONUS
Coded Bonus
Must maintain personal CV sales volume assigned to each rank per month.
1ST
PERSONAL2ND
PERSONAL 3RD
PERSONAL4TH
PERSONAL
YOU
10% 10%10% 10%
10% 10%10% 10%10% 10%10% 10%
0% 0%
10% 10%
12Coded Bonus
GENERATION TREE & MATRIX TREEGENERATIONAL TREE
GENERATIONAL TREE
MATRIX TREE
MATRIX TREE
YOU
ANN MIKE
JOE
YOU
ANN MIKE
JOE
YOU
ANN MIKE
JOEJOE
ALEX
YOU
ANN BOBMIKE JOE
JOE
ALEX
In the generational tree, my new IBO, Joe, will Automatically fall in my First Generation.
When Joe enrolls somebody new,(Let’s say Alex) he is automatically placed below Joe. He is considered Joe’s first generation and my second generation.
In the matrix tree, I have the choice of placing my new IBO, Joe, into any of the 4 open spots on level 2.
When Joe enrolls somebody new, (Let’s say Alex) he has the option of placing him in any one of the open spots under him, as long there is someone located above that open spot in the matrix.
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CODEDMATCHBONUS
You will be paid a Coded Match Bonus from a percentage of the Coded Bonus earnings when those coded to you qualify for the Coded Bonus. You will be able to earn from your compressed first 5 qualified Coded Generation Teams.*
*Any IBO coded to you who opens their coded bonus earnings, by personally sponsoring a third enrollee under them, is your 1st generation coded match. You can earn a Coded Match Bonus through 5 coded generations with unlimited width and depth in your Generational Tree!
Must maintain personal CV sales volume assigned to each rank per month.
Coded Match Bonus
1ST
PERSONAL2ND
PERSONAL 3RD
PERSONAL
YOU
1ST C.M.
2ND C.M.
3RD C.M.
4TH C.M.
5TH C.M.
3RD C.M.
4TH C.M.
2ND C.M.
1ST C.M.
3RD C.M.
4TH C.M.
2ND C.M.
1ST C.M.
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BUILDER LEADER PREMIER
GENERATION 1 15%
GENERATION 2 10%
GENERATION 3 10%
GENERATION 4 10%
10%5%
GENERATION 5 5%
15%15%
Pays an extra 15% on qualifying IBOs on 1st generation.
Pays an additional 5% on 2nd generation.
Pays an extra 15% on qualifying IBOs on 1st generation.
Pays an additional 10% on 2nd generation.
Pays an extra 15% on qualifying IBOs down on 1st generation.
Pays an additional 10% on 2nd generation, 10% on 3rd generation, 10% on 4th generation and 5% on
5th generation.
Below percentages are floating, descending in order to cap 60% payout on the total commissionable volume
Coded Match Bonus
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For IBOs at Builder rank and above, reach 20,000 CV in Team Generational Volume in a given month and earn an extra 2% from your team’s total volume. Premier rank receives 5% monthly.
You earn a 5% bonus of your total Generational Leg Volume up until any individual generational leg reaches a monthly total of 20,000 CV or more. Once any of your generational legs hits 20,000 CV or more, that generational leg breaks away and you become eligible for either the Leadership Match Bonus or share(s) in the Global Pool. Please see details of the Leadership Match Bonus and the Global Pool Bonus for more information.
LEADERSHIP BONUS
4000 CV
5% = $200
4000 CV
5% = $200
4000 CV
5% = $200
4000 CV
5% = $200
4000 CV
5% = $200
PREMIER RANK
Leadership Bonus
16Leadership Match Bonus
The Leadership Match Bonus, on top of the current Leadership Bonus, is available only to IBOs who are not in the Global Pool (See Global Pool Bonus for more details). When your 1st generational leg breaks away at 20,000 CV, you will receive a 100% match on the Leadership Bonus earned from your second highest generational leg volume. The Leadership Bonus and Leadership Match Bonus combined will not exceed $1000 on your second highest generational leg. Once you have your 2nd highest generational leg break away at 20,000 CV, you will transition over to earning shares in the Global Pool Bonus.
LEADERSHIP MATCH BONUS
20,000 CV
0% = $0
10,000 CV
5% = $500= $500 Leadership
+ Match Bonus
Total = $1000
4000 CV
5% = $200
4000 CV
5% = $200
4000 CV
5% = $200
PREMIER RANK
GLOBAL POOL BONUS
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Once you have 2 generational legs that reach over 20,000 CV or more, you will receive 2 shares in the Global Pool.* With each subsequent generational leg that reaches 20,000 CV or more you will receive an additional share in the Global Pool. There is no limit on shares that may be earned in the Global Pool.
*Total Payout for the Global Pool Bonus and the Leadership Match Bonus will be 3% of Worldwide Sales CV. The Global Pool is a floating percentage. Once the Leadership Match Bonus has been paid out, the remainder of the 3% of Worldwide Sales CV will be allocated to the Global Pool Bonus.
3% TOTAL WORLDWIDE GLOBAL POOLS BONUS
PERSONAL VOLUME 70 CV
GLOBAL POOL BONUS
Global Pool Bonus
GLOBALPOOL
3%
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$1,000 80
$3,000 100
$5,000 100
- 100
$100,000 100
$500,000 100
EXECUTIVE PORTFOLIO
H.D.T.V. & MACAIR BOOK
$12,000 CAR BONUS
$65,000 CAR BONUS
ROLEX WATCH
DIAMOND RING
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EUROPE TRIPFOR 2
20 DAYSCRUISE FOR 4
5 DAYSSTAR CRUISE
SILVERDIRECTOR
GOLDDIRECTOR
PLATINUMDIRECTOR
TITANIUMDIRECTOR
DIAMONDDIRECTOR
ROYAL DIAMONDDIRECTOR
10,000 CV 4,000 CV
50,000 CV 20,000 CV
80,000 CV 32,000 CV
350,000 CV 140,000 CV
700,000 CV 280,000 CV
1,500,000 CV 600,000 CV
RANK REWARDSMATRIX GROUPVOLUME
CASHBONUS
PVREQUIRED
WEAK LEGVOLUME
MATRIX GROUP VOLUME PER MONTH FOR 2 CONSECUTIVE MONTHS (60%:40% LEG BALANCE)Cash Bonus and Rewards are paid one time only
Click Here to view the Cash Bonus & Rewards Terms and Conditions or visit the Resources page in your Back Office to download.
CASH & BONUS REWARDS
Cash & Bonus Rewards
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This commission plan was designed entirely by you, our Independent Business Owners, to help you rapidly build a team and with generous weekly payouts paid ten ways.
Should you have any questions about the Comp Plan please ask your enroller or contact us at the Corporate Office.
We wish you best of luck and much success!
SUCCESS
This Compensation Plan is still under review at this time and is only an approximate. LifePharm Global Network reserves the rights to edit, modify, and alter the Compensation Plan at anytime.
V2 130226.01February 1, 2013