Payment regulations

28. Payments are made by the Company, in accordance with the conditions and terms of the CaliVita® International Marketing Regulations (henceforth: CV MRegulations) and the Elite Club Payment Regulations, in effect at the time, to those Members that comply with all legal conditions and are entitled by the Company to issue invoices. Payments are based on the purchases by the Member in a given month as well as that Member's group accomplishments in the same given month, and are made by the Company by the 10th calendar day of the second month following the given month. When making a payment, the Company is obliged to act in accordance with any and all applicable tax, financial and legal regulations in effect.
If the payment is less than USD 5, the amount is paid in the month when the cumulative payment due to the Member exceeds this amount limit.
The basis for issuing an invoice is the achievement report of the given month.
The last day of the given month should be indicated as the day of accomplishing the task on the Member's invoice for that given month. The invoice should be sent to the Company issuing the achievement report within three days of receiving the achievement report, or - in case of hindrances -by the last day of the month following the given month at the latest.
The issuer of the each and every invoice should be the same as the addressee of the achievement report. The membership code displayed on the achievement report should be indicated on the invoice and the invoice must bear the signature of the member entitled to use that membership code.
It is not possible to allow the payment to be made to another person, or for the claim to be transferred.
If the Member does not issue an invoice for the amount to be paid to him/ her or it within 90 days after the given month, the Company regards this as an irrevocable renunciation of the payment.

29. The Member is obliged to inform the Company about changes in his/ her or it's data regarding the membership, especially if such a change involves the name, the address, the bank account number, or status regarding the applicability of VAT.
The change, indicating both the old and new data, should be reported in writing to the Company, with reference to the membership code, by the 5th calendar day of the month following the month in which the change takes place, at the latest.
The issuing of the monthly achievement report is based on data available to the Company.
Following the completion of the achievement report, the consideration of any reported changes in the Members data can be made when the achievement of the next month is calculated. Any and all financial and/or legal consequences concerning the Company and/or the addressee of the invoice resulting from the negligence or delay of reporting the changes in data, or from the delay of submitting the invoice to the Company, is the responsibility and/or liability of the Member.
If amounts are due by the Member to the Company for reasons as outlined in the preceding section, or for any other reason whatsoever, the Company is entitled, upon informing the Member, to deduct the amount owed from the amount to be paid to the Member.
30. Every payment is transferred by the Company to the bank account number provided by the Member.
31. Members not possessing an entrepreneurial license are not entitled to bonus payments. Depending on his/ her or it's personal and group performance, the Member may be entitled to a price discount on subsequent purchases. The amount of this follow-up discount can be to a maximum of 50 per cent of the Member's net home purchases.