Terms and Condition – Omni Fund inc.

terms and conditions

By referencing these documents in these Terms & Conditions, we ensure that they are considered a fundamental part of our Agreement. It includes requirements such as personal and financial information, as well as agreements to abide by our policies and procedures. By completing the Application & Agreement, an individual acknowledges that they have read and agree to the terms and conditions set forth by Omni-Fund Inc.

These policies cover a wide range of topics including advertising, sales and marketing, customer service, and commission payments. By agreeing to these policies, affiliates ensure that they are operating in accordance with the values and standards of Omni-Fund Inc.

Finally, the Compensation Plan outlines the financial rewards and incentives that affiliates can earn by successfully promoting Omni-Fund Inc.’s services. This plan includes information on commission structures, bonuses, and other incentives, as well as the requirements for earning these rewards. Together, these documents form the foundation of the business relationship between Omni-Fund Inc. and its affiliates. By incorporating them into these Terms & Conditions, we ensure that all parties are operating with a clear understanding of the terms and conditions of our agreement.

It is required that individuals serving as Independent Sales Representatives must meet the minimum age requirement set by their state/province/country of residence.
To be eligible for bonuses or commissions on the sales of another Independent Sales Representative, as well as for sponsoring another Representative, it is necessary for the individual to perform a genuine role in supervising, distributing, and selling a product or service to end consumers, as well as providing training to their personally sponsored members. They should maintain continuous contact and communication with their sales organization and provide proof to the Company of their ongoing fulfillment of sponsorship duties.
Compensation for an Independent Sales Representative is solely based on the sale of products and/or services to end consumers, and not on the sponsorship of other Independent Sales Representatives.
Once approved, the Independent Sales Representative operates as an “Independent Contractor,” carrying out their own business rather than serving as an agent, employee, or franchisee of the Company. They are required to furnish their Social Security or Federal Tax ID Number for tax reporting purposes on any earnings obtained within the country. Additionally, they must obtain any necessary licenses as per legal requirements in the State, County, or Country of their residence and pay all associated fees and taxes.
The Independent Sales Representative is accountable for paying all self-employment and relevant country, federal, state, and local taxes on their income earned. As per the agreement, the Company will file tax earning reports on behalf of the Independent Sales Representative at the end of each calendar year for the commissions and bonuses earned in their country of residence.
The responsibility of paying city, county, state, local, and country/federal income taxes, sales taxes, or any other fees associated with the sales and earnings of an Independent Sales Representative falls solely on the Independent Sales Representative. The Company cannot be held accountable for any such taxes or fees and the Independent Sales Representative agrees to release the Company from any liabilities related to the same.
The Independent Sales Representative is prohibited from endorsing or marketing other companies’ sales programs, products, or Company functions on websites where the Company is referenced. Additionally, the Independent Sales Representative is not allowed to use the Company’s forms or printed materials, name, prestige, or drawing power to support or promote any other activities.
The Independent Sales Representative is not permitted to sponsor or make an effort to sponsor another Company Independent Sales Representative into any other Direct Sales or Network Marketing Company, except for their personally sponsored Independent Sales Representatives. Moreover, no Independent Sales Representative is allowed to engage in any activities that lead to the sponsorship of an Independent Sales Representative through someone else into another company.
The Independent Sales Representative must not make any assertions regarding income potential, whether in writing or verbally, other than those created by the Company solely for illustration purposes.
The Independent Sales Representative is not allowed to make any statements related to the advantages of the Company’s products and services, except those mentioned in the official company promotional media. Additionally, when introducing the Company program to others, the Independent Sales Representative must present the program entirely, without any omissions, distortions, or misrepresentations.
The Independent Sales Representative is prohibited from suggesting or insinuating, either directly or indirectly, that any governmental agency has endorsed or sanctioned the Company. It should be noted that neither federal nor state regulatory agencies authorize or endorse any marketing company’s products or programs.
The Independent Sales Representative agrees to indemnify and protect the Company from all claims, expenses, costs, causes of action, and damages that may arise from the Independent Sales Representative’s actions or statements in violation of this agreement.
In case an Independent Sales Representative is terminated for a valid reason, the Company reserves the right to transfer their sales organization to their first active upline Independent Sales Representative.
The Independent Sales Representative must sell at least 70% of their wholesale purchases to customers who are not Independent Sales Representatives of the Company. Purchasing products solely for the purpose of qualifying for a higher position, bonus, or commissions is not allowed.