3.2 Onyxum reserves the right to accept or reject IBO registration agreements. A registration is considered accepted by Onyxum if it obtains a completed and signed IBO registration agreement in accordance with Rule 3.1, if its contents are verified with Onyxum`s IBO dataset database and the registration is not contrary to a rule of conduct. Pending receipt of a signed IBO registration agreement, Onyxum may temporarily authorize the IBO to carry out operations for a maximum period of 90 days, in accordance with the rules of conduct. 6.2.9 Nothing in Rule 6.2 shall limit competition between ibOs (a) for the sale of products or services offered to customers through or from Onyxum or (b) for the registration of new IBOs or customers. 6.7.2 If Onyxum operates an IB and has entered into a maintenance contract with an IBO to manage IB, Onyxum has the option to sell IB to the IBO service. 3.10.3. If there is no qualified IBO capable of managing an IB due to inheritance or other proceedings, Onyxum has the option of entering into a service agreement with another IBO, preferably in genealogy, in order to manage ib until the end of the procedure. 6.7 An IBO owning and operating an IB may only sell its ownership of ib to another IBO that complies with the rules of conduct and has sufficient capacity, experience, discernment and resources to manage the IB, as reasonably defined by Onyxum, or sell it to Onyxum at Onyxum`s option. Onyxum requires that certain conditions of sale be included in each sales contract. An IB may only be sold to a Genealogy Upliner with the express written permission of Onyxum. 3.1.
Registration Agreement: To become an authorized IBO capable of marketing products and services offered through or from Amway and registering other IBOs, an applicant must be 18 years of age, complete and sign the IBO Registration Agreement, and pay the Business Services and Support Fees set out in the IBO Registration Agreement. An IBO Registration Agreement may be supplemented and signed in one of the following ways: (a) The Applicant may complete, sign and submit an electronic version of the IBO Registration Agreement, in accordance with the procedures set out on amway`s website; or (b) the applicant may complete, sign and return a paper version of the IBO Registration Agreement. 3.2. Acceptance or Rejection of the IBO Registration Agreement: Amway reserves the right to accept or refuse an IBO Registration Agreement. A registration is considered accepted by Amway when it receives a completed and signed IBO registration agreement in accordance with Rule 3.1, its contents are verified with Amway`s IBO records database, and the registration is not contrary to a rule of conduct. Pending receipt of a signed IBO registration agreement, Amway may temporarily authorize the IBO to conduct transactions in accordance with the rules of conduct for a maximum period of 90 days. 3.3. Legal persons as IBOs: IBs are first constituted by and on behalf of each applicant. Upon receipt of an IBO number, an IBO that wishes to operate its IB as a limited company, limited liability company (LLC), formal partnership, limited partnership, limited liability partnership (LLP) or Trust must complete the entity Agreement for Independent Business Owners (IBOs) and submit it to Amway, which may accept or reject it. As of September 2012, existing IBOs operating through a legal entity under an existing entity agreement approved by Amway may continue to operate under this agreement, but the IBO and the company must sign the entity agreement currently in effect upon request or in the event of a change in ownership or control of the business.
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