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SECTION 5 – SUCCESSION, DIVORCE OR DISSOLUTION
5.1 Succession.
Notwithstanding any other provisions of this section, upon the death of a distributor, the distributor entity shall pass to his/her successor in interest as provided by law. However, FFi will not recognize such transfer until the successor in interest has submitted a completed Sales/Transfer form to FFi together with certified copies of the death certificate and will, trust or other instrument and executed a Distributor Agreement. The successor shall thereafter be entitled to all the rights and subject to all the obligations as any other distributor. In addition, the successor-in-interest must be of legal age in his/her country of residence.
5.2 Divorce or Dissolution.
During the pendency of divorce or entity dissolution, both parties must adopt one of the following methods of operation:
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One of the parties may, with written consent of the other(s), operate the FFi business in writing by FFi to deal directly and solely with the other spouse or non-relinquishing shareholder, partner, or trustee; or | -
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The parties may continue to operate the FFi business jointly on a business-as-usual basis, whereby all compensation paid by FFi will be paid in the joint names of the distributors or in the name of the entity to be divided as the parties may independently agree between themselves. |
Under no circumstance will FFi split commissions and bonus checks between divorcing spouses or members of dissolving entities. FFi will recognize only one (1) downline organization and will issue only one (1) commission check per FFi business per commission cycle. Commission checks shall always be issued to the same individual or entity. In the event that parties of a divorce or dissolution proceedings are unable to resolve a dispute over the disposition of commissions and ownership of the business, the Distributor Agreement shall be involuntarily cancelled.
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