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There are five parts to the OMINEX O4 Compensation Plan. This is a 2 Team Program or "Binary" Structure with Retail and Residual Commission elements that follow a "Uni-Level" structure.
To best understand the O4 Compensation Plan; there are some basics that you need to know first: ************************************************************************************ Easy Glossary
O4 Customer: This is a Customer of O4 that is not participating as an IMR. Customers pay retail, and can purchase single units of the O4 product line.
O4 IMR: An IMR is an "Independent Marketing Representative" An IMR has the potential to participate in all the OMINEX O4 Compensation Plan elements and rewards.
Sponsor: This is the Person that is referring you to OMINEX O4. Whether you came to OMINEX O4 through a website, advertisement or personal referral from a Friend or other OMINEX O4 Customer or IMR, the person that is responsible for getting you to this point is your Sponsor into OMINEX O4. Your Sponsor has everything to gain in assisting you with your success in OMINEX O4.
Fast Start: Commissions paid out fast (within the following week’s payout) for the enrollment of new Customers or IMRs into OMINEX O4.
Retail Commissions: Ongoing Commissions received for enrolling new Customers or IMRs into OMINEX O4 for their continued orders of O4.
Residual Commissions: This provides for a retention vehicle and is working the strengths of a UNILEVEL plan within the BINARY concept. Checks and the "Promise of Wealth Creation" will be supported with this vehicle. Regardless of their personal activity, they have the ability to earn money on the work of others. The ongoing Residual Commission for Direct Sponsors of 10% will enable and reward for ongoing Retailing.
PV = Point Value: This is the Dollar Amount each Point (Cycle or Match) is worth. Cycle Points are paid out in full value each week, and Match Points are paid out according to the IMR’s Active Rank from the Week Previous to the Cycle Week; from 20% to 50% of the PV.
PVP = Personal Volume Points: This is the Volume amount in Points that is required or accumulated by your own personal purchases within OMINEX O4.
GVP = Group Volume Points: This is the Group Volume amount in Points that is required or accumulated by your Group. Your Group Consists of both your Left Team and your Right Team within your Sales Organization.
Cycle Week: This is the week of Business that represents a Cycle Week. This is Friday from 12:01am through the following Thursday at 12:00pm Midnight (MST: Mountain Standard Time). This time is the GLOBAL timeframe for establishing the Cycle Week.
Cycle Point: This is created when your combined Left Team and Right Team Group Volume reaches 900 GVP. It must be derived by no less than a 1/3rd - 2/3rd balance to create the 900 GVP. When this occurs, this will create a Cycle Point to which Commissions will be calculated against the Cycle Pool. There are no limits to the amount of Cycle Points you can create in any given Cycle Week.
Match Point: This is created when anyone you personally Sponsor into OMINEX O4 receives a Cycle Point from their GV. When anyone that is Personally Sponsored by you in OMINEX O4 receives a Cycle Point, this will create a Match Point to which Commissions with be calculated against the Cycle Pool. There are no limits to the amount of Cycle Points you can create in any given Cycle Week.
Cycle Pool: This is the Commission Pool that is used to determine the variable weekly Cycle and Match Point Values. The Cycle Pool is created by taking 40% of the Gross Volume from the entire OMINEX O4 Product Sales each Cycle Week.
************************************************************************************ 1: Fast Start/Retail Commissions: (There is a RETAIL Commission Paid out on the initial Order of a Retail Customer or the initial order of IMRs [ Independent Marketing Representative ]. All subsequent orders will be paid out in the Residual Commission structure) Retail Commissions will be closed out and readied for payout on the same Thursday Midnight (MST) end-of-week. Paid weekly, one time payment
This is paid out on PV (Product Volume) amounts for the purchases of the New Customer or IMR.
NOTE: The Retail Purchases will be higher price and will carry more PV than IMR Purchases. Retail Customers will pay out the same as Wholesale (based on PV) within the Compensation Plan after initial Fast Start/Retail Commissions.
2: Residual Commissions: AKA Loyalty Rewards (Commissions are paid out monthly. These will be calculated and paid out on the first weekly commission payout of the following month) These are available to IMRs only. Paid Monthly
Active Paid Customers and IMRs are compressed to the top of the IMR (Enroller) leg at/on every Thursday at Midnight MST. Pre-Enrollees will roll under Active Paid Customers or IMRs within the same leg.
Retail Commissions (From 2nd Purchase forward) Retail RBV will pay out 10% to Direct Sponsor/Enroller each month. In addition to the 5 Level Distribution above.
3: Cycle Point Distribution Pool: (This is a variable payout each week based upon the total VP (Value Paid) for the week and the number of outstanding points; Cycle Points and Match Points) Paid Weekly
Cycle Points are earned for every 900 GV( (Group Volume)) within a qualified IMR’s OMINEX Business, where no more than 2/3rds or 600 GV are in one of the two legs, and 1/3rd or 300 GV are in the other leg. You need to have 2 personally sponsored IMRs to qualify for Cycle Points.
300 PV 600 PV 60 PV X 5 people 60 PV X 10 people 120 PV X 2 People + 60 PV 120 PV X 5 people
Example Only. No Guarantees or actual payouts are represented with this example.
4: Matching Bonus within the Cycle Point Distribution Pool: (IMRs will earn Matching Points for any/all Cycle Points from their Personally Sponsored IMRs) Paid Weekly
Based upon the level of the IMR, the Match Bonus will equal 20% to 50% of the Point Value for the Matching Points based upon the IMRs Rank/Advancement Level that was achieved during the previous weeks pay period.
Qualification Requirements for IMR Rank/Advancement Levels: These levels will be earned based upon the number of personal cycle points and bonus points the IMR is personally realizing for each week. Qualifications requirements will be set for each and every individual IMR.
Active Customers must have at least 60 PV per 4 week activation time to maintain their Placement and to receive the Referral Rewards. IMRs with less than 120 PV will not be able to cycle or earn Rank/Advancement Status or Bonuses.
5: One-Time IMR Rank/Advancement Bonuses: will be paid in the following schedule. Bonus Payments will be attached to the Monthly Residual payouts for the month following the Rank Advancement. Rank Advancement Bonuses are paid out once per IMR for each Rank/Advancement. Paid weekly, one time payment
1st Time Cycle Bonus will be paid out to all active IMRs upon their 1st Cycle Point being earned.
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