bacomedistributor

Distributorship

1.1      Distributorship is open to any  “Individual”  or  “Corporation”. Applicant must submit the completed Distributor Application Form to the Company.

1.2      Applicant must be sponsored by a Qualified Distributor of the Company. A Qualified Distributor is an individual who is of status of Distributor or of higher status, as stipulated in Marketing Plan of the Company.

1.3      A Distributorship fee shall be paid upon submission of the Distributor Application Form, inclusive of one year’s membership and the member card. (Subject to the Company’s announcement of applicable fee amount.)

1.4      Individual Registration

1.4.1    An individual applying to be a Distributor of the Company must be of legal age of 18 or above, and is not an undischarged bankrupt.

1.4.2    Husband and wife are allowed to sponsor each other and to hold separate Distributorships in the Company.

1.4.3    Individual application must be accompanied by a copy of his/her identity card (NRIC) and a copy of the front page of his/her bank passbook or statement of accounts.

The authorized financial institutions are Maybank Bhd., Public Bank Bhd. and RHB Bank Bhd.

1.4.4    Student registration must be accompanied with the Agreement Form (student) and Parent/Legal Guardian Declaration Form.

1.4.5  The Parent/Legal Guardian Declaration Form ought to be signed in the presence of Customer Service Personnel in the DCHL office, or to be endorsed by Commissioner for Oaths or Lawyer as authentication

1.5      Corporate Application

1.5.1    Upon submission of the Distributor Application Form, an applicant must have to attach the following documents together:

a)Sole Proprietor or Partnership Applicant
i) A photocopy of the Business Registration(Borang D) and Details of Owners(Borang A).

b)Company Limited/Sendirian Berhad Applicant.
i)A photocopy of Incorporation (Form 9) and a List of Director (s) (Form 49).
ii)A photocopy of Return of Allotment of Shares (Form 24-registrated applicant must hold majority shares of 51% in the Company).

1.5.2    For the Corporate Applicant, the name of the person who will be responsible in managing the network marketing aspect of the business must be indicated in the above mentioned forms holding a share of fifty one percentage (51%), and a copy of his/her identity card (NRIC) must be provided upon submission of the Distributor Application Form. Upon approval of corporate registration, the name of person(s) managing the network marketing aspect of the business must be indicated in the above mentioned form. In the event should the nominee resign, appointment of new nominee for managing the network shall be deemed as a change of ownership and further deemed as a transfer of distributorship, in which the latter is subject to the company Rules & Regulations provided under Clause 3 ‘Transfer of Distributorship’.

1.6    The Company reserves the right and authority to reject any application without assigning any reason whatsoever

1.7  A Distributor is only allowed to hold one (1) Distributorship under the same name. In the event that a Distributor is found to have more than one Distributorship under the same name, The Company shall terminate one of them, whichever deemed fit and necessary.

1.8   If errors or discrepancies are found in a line of network, The Company reserves the right to make adjustments, restoration or any rectification deemed fit and necessary.