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Thursday, November 5, 2009

Notes The minimum paypoint must be met at least




If your new sub-agent is willing to commit to produce monthly sales revenue of $10,000.00 or more as of the end of their first year with Gullickson Incorporated; they will start at the $50,000.00 per month commission level of 10% to 15%. As will be discussed below, there may be times when residual commissions are paid at levels outside of the 6% to 12% range (these may be paid at higher or lower levels depending on the product or service). 2. Qualified Rep Bonus (QRB): Every time an Independent Rep (IR) becomes a Qualified Rep (QR) $50 is paid to their QR sponsor and $10 is paid to the upline QR's through 6 levels. These bonus payments are dependent on the upline QR's maintaining the minimum requirement in monthly sales revenue for their position. 3. Promotion Bonus (PB): Every time a QR promotes to AR by personally sponsoring 5 QRs (thus earning $250), a total of $500 is paid incrementally to the upline of the newly promoted AR (i.e, his or her AR, RR, NR, and GR). As in all bonus payments, in order to receive the bonus payment, all of the receiving parties must meet the requirements required for their position in monthly sales revenue. 4. Generational Override (GO): On most services which pay residual monthly commissions, generational override commissions of up to 4% are paid on the monthly sales revenue of the sub-agents below the sixth level in an agent's AR, RR, NR, and GR coded organizations as long as the agent meets the requirements for receiving commission in '3' above. This includes the requirement of maintaining a minimum level of monthly sales revenue required for their position. This commission (GO) is paid to unlimited levels. Your base commission on residual earning products and services is generally 6% of the monthly sales revenue generated. These commissions will increase to as high as 12% based on your monthly sales revenue. If you personally sign up an agent, they will also receive a 6% commission on their own monthly sales revenue, and you will receive 1% override on their monthly sales revenue. You will receive 1% on each of your "downline" agents through six levels provided you maintain at least the minimum requirement for your position in monthly sales revenue and add at least one new residual paying customer every 12 months. When agents reach $5000 in personal monthly sales revenue, their commission increases to 7 to 12% and the 1% override commissions are then paid out to 5 levels of their upline (instead of 6). At $10,000 monthly sales revenue, their commission increases to 8 to 13% and the overrides are paid to 4 levels of upline. At $25,000 monthly sales revenue, their commission increases to 9 to14%, and the overrides are paid to 3 levels of upline. At $50,000 monthly sales revenue, the commission increases to 10 to15%, and overrides are paid to 2 levels of upline. At $75,000 monthly sales revenue, the commission increases to 11 to16%, and overrides are paid to 1 level of upline. At $100,000 monthly sales revenue, the commission increases to 12 to17%, and overrides are still paid to 1 level of upline. Override on the Different Levels The compensation plan is based on Gullickson Incorporated receiving a level of compensation from each vendor that supports the commission plan as described. To remain competitive, it may become necessary to add vendors that do not pay commissions to Gullickson Incorporated that allow Gullickson Incorporated to support the commission plan as described. In the event that such vendors are added, the commission plan will be "scaled" to allow the agents to earn a fair commission while allowing Gullickson Incorporated to retain a commensurate level of paid commissions. At the time that such products or services are introduced, a notice shall be provided to the agents via email or postings to the agents secured back-office website. From time to time compensation from existing vendors may require such "scaling" to allow Gullickson Incorporated to continue to administer the compensation plan in a fair and profitable manner. In the event that changes must be made to the existing plan, a notice shall be provided to each agent via email or postings to the agent back-office website. It should be noted that this scaling might result in both increased as well as decreased commissions. As discussed above, residual and bonus payment are only paid upon an agent meeting a minimum requirement for monthly sales revenue for their position. The term "monthly sales revenue" as used herein means money Gullickson Incorporated receives from vendors based on paid customer usage. An agent meeting the minimum production requirement must have also accrued $50 in commission payments in order to have a commission check issued. If the agent's accrued commission does not meet the $50 minimum, the agent will continue to accrue commissions until the $50 minimum is met. At that point, on the next commission pay date, a check for all commissions and bonuses will be paid. In the event that an agent does not meet the requisite minimum for monthly sales revenue, the agent will lose any commission accrual for that month - which includes all Promotions Bonuses, QR Bonuses, and Residual Overrides. Here is a summary of the monthly sales revenue requirements (Pay Point) of each promoted position: Rank Requirements Independent Rep: $100/month individual sales volume Qualified Rep: $100/month individual sales volume Area Rep: $100/month individual sales volume Regional Rep: $200/month individual sales volume National Rep: $300/month individual sales volume Global Rep: $500/month individual sales volume As discussed earlier, Independent Agents who join at the advanced 10-15% level will be required to meet a $10,000 individual monthly sales revenue requirement. Gullickson Incorporated reserves the right to terminate the agency of any agent who has failed to accrue any commissions for a 12-month period. Any agent terminated due to 12-months of inactivity will forfeit any claim to previously accrued commissions. Six-Month Exemption Understanding that it can take a few months to generate sales and begin earning commission, the plan has a six-month exemption from the corresponding minimum monthly sales revenue requirement, or Pay Point. During this period, any and all promotion bonuses or other earnings will be paid (assuming the total check amount exceeds $50.) After the six-month ramp-up period, the appropriate monthly sales revenue requirement will go into effect. Notes The minimum paypoint must be met at least once every 180 days in order to continue accruing commissions, bonuses and generational overrides. Certain Gullickson Incorporated in-house services pay a minimum of 11% with a maximum of 17% (5 points more than standard residual commissions). Step 1 - Become a Qualified Rep (QR) Eligible for Bonuses To become a Qualified Representative (QR) an IR may either purchase the Gullickson Incorporated Professional Business Card Package or achieve $5000,00 in total personal monthly sales revenue. Now, as a QR, you will receive a QR Bonus (QRB) of $50 for every level 1 QR you personally recruit and $10 for every QR developed in your levels 2 through 6. To become eligible for Residuals after your first six months in the program, simply meet the minimum monthly sales revenue requirement and add at least one new paying customer each 12 months. Now, you will receive 6% to11% Residual commission each month on your own monthly sales revenue (increasing up to 12% to17% as your personal sales revenue increases) AND 1% Override Residuals on the monthly sales revenue of your downline agents through 6 levels (except as noted above for those products that require "scaling" of commissions, either up or down). Step 2 - Personally Sponsor 5 Qualified Reps to Become AR Once you are a Qualified Representative (QR), simply sponsor additional QR's so you can start receiving Promotion Bonuses. After YOU personally sponsor just 5 QR's, you will receive $250 ($50 per QR) and automatically promote to Cognigen's first leadership position of Area Representative (AR). Bonus payment is dependent on your maintaining the $100 minimum monthly sales revenue requirement at the time bonus is earned. By duplicating this simple strategy, you can build a significant income with Gullickson Incorporated. Now, as an Area Representative (AR), simply sponsor a NEW agent and help them become an AR in the same manner as you did. You will receive $200 paid out incrementally for every person that does so. In addition to the 1% override commissions paid through 6 levels, you will also receive a Generational Override of 1% for every agent in your AR organization from level 7 and below. Bonuses and Generational Overrides are paid to unlimited levels! How to Promote to Regional Representative To promote toGullickson Incorporated's next leadership position of Regional Representative (RR), you must develop 2 ARs anywhere in your AR organization, as in the example below. Once you promote to Regional Representative (RR), simply sponsor a NEW agent into your RR organization and help them start building their organization. Show them how to become a QR and then help them recruit 5 QR's so they can promote to AR in the same manner as you did. You will receive up to $300 paid out incrementally for every person that becomes an AR in your RR organization. In addition to override commissions paid through 6 levels, you will also receive a Generational Override of up to 2% for every agent in your RR organization from level 7 and below. Bonus payment is dependent on your meeting the $200 minimum monthly sales revenue requirement during the month in which the bonus is earned. How to promote to National Representative (NR) To promote to Gullickson Incorporated's next leadership position of National Representative (NR), you must develop 2 RRs anywhere in your RR organization. Once you promote to National Representative (NR), simply sponsor a NEW agent into your NR organization and help them start building their organization. Show them how to become a QR and then help them recruit 5 QR's so they can promote to AR in the same manner as you did. You will receive up to $400 paid out incrementally for every person that becomes an AR in your NR organization. In addition to override commissions paid through 6 levels, you will also receive a Generational Override of up to 3% for every agent in your NR organization from level 7 and below. Bonus payment is dependent on your meeting the $300 minimum monthly sales revenue requirement during the month in which the bonus is earned. How to promote to Global Representative (GR) To promote to Gullickson Incorporated's next leadership position of Global Representative (GR), you must develop 2 NRs anywhere in your NR organization and meet a minimum requirement of $500 in monthly sales revenue. As a Global Representative (GR), simply sponsor a NEW agent into your GR organization and help them start building their organization. Show them how to become a QR and then help them recruit 5 QR's so they can promote to AR in the same manner as you did. You will receive up to $500 paid out incrementally for every person that becomes an AR in your GR organization. In addition to override commissions paid through 6 levels, you will also receive a Generational Override of up to 4% for every agent in your GR organization from level 7 and below. Bonus payment is dependent on your meeting the $500 minimum monthly sales revenue requirement for the month in which the bonus is earned. How are Promotion Bonuses Paid Incrementally? After you become a QR and begin personally sponsoring QRs into your organization, a total sponsoring bonus of $250 ($50 per QR) is paid to you and $500 in promotion bonuses are paid incrementally to your upline when you become an AR. These promotion bonuses are paid to your AR, RR, NR, and GR in the following fashion. As YOU promote within the Gullickson Incorporated system, these bonuses will be paid to YOU! As is always the case, all bonus payments are dependent on your meeting the minimum monthly sales revenue requirement appropriate for your position. How are Commissions Paid on Non-Residual Services? You will receive the following commissions on all monthly sales revenue from your personal sales. Payment of this commission is contingent upon you meeting the minimum monthly sales revenue requirement once you have reached month 6 in the program.

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