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Bonus Plan

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Page 1: Document

Bonus Plan

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Synkronice’s bonus plan

It is free to join the Synkronice opportunity and commission are only paid on product sales. We keep it as simple as possible, whilst maximising the short medium and long terms earning potential of our associates

We also have a career ladder which recognises when our Associ-ates achieve recognised goals on their road to success. Along with the recognition of achieving these milestones, there are generous rewards to mark the success.

The plan is also designed to reward those who work with others in the business, and assist them with training, development and mentoring, to help them in achieving success in the business. This element is also a key requirement in our Associate Agreement. As-sociates have an ongoing responsibility to work with those they introduce into the business to contribute to their success.

The plan is designed to provide potential rewards from the out-set, whilst giving the possibility to build a large potential custom-er network, which can result in long terms residual income from product sales.

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Product Package CommissionsThe standard product package containing one years membership of ‘Tools Toys and Tales’ plus the Banking Solutions Package is sold to customers at a price of €575. No commission are paid on your first sale, but any further sales in the first twelve months will qualify for this commission. There is no ongo-ing qualification requirement, within the first year, and no requirement to purchase any product yourself (though you may wish to sample this fantastic discounted product package for yourself.).

After your qualifying sale for the first two product packages customers purchase, you will receive a bo-nus of €25 on each. From product package three on-wards, this bonus will be €200 per package.

Product Package Commision will only be paid out on members qualified with minimum eight Spinglo friends.

Leadership Development BonusIf you chose to become a leader in the busi-ness, and recruit other Associates into the business, then you will have an ongoing re-sponsibility to work with those Associates to help them to achieve their goals in the business. In compensation for this you will receive an override on their Product Package Sales.

Executive Product Package CommissionsSynkronice offers an enhanced product package for customers who wish to take a more intense approach to the Personal and Financial growth opportunities available. This product package includes direct coaching sessions in addition to all the benefits available on the standard package, and is valued at in excess of €2000. The package itself costs €1725. No commissions are paid on the first sale of this package by an Associate but for subsequent sales of these product packages they are then eligible to receive commissions are €75 for the first two product packages sold, then €600 for all subsequent packages sold. These commissions are paid on direct sales by the Associate to customers.

Qualified Associates will also receive the leadership development bonus on all sales of Executive Product Packages in their downline, at €525 for the first and second Executive Product Packages sold by Associ-ates in their downline. (leadership developmen starts from your third sponsor line)

You will receive €175 for the first and second product package sold by Associates in your downline. You will receive this bonus indefi-nitely for the first and second Prod-uct Package sold by any Associate who is registered at each level.

Leadership Development Bonus will only be paid out on members qualified with minimum eight Spinglo friends.

YOU

€25

1€25

2€200

3€200

4€200

5€200

Infinity

€200 €200

6 7 8

YOU

€25

1€25

2€200

€175 €175 €175€175

3

3.1 6.13.2 6.2

3.1.1 3.1.2 3.2.1 6.2.13.2.2 6.2.2

€200

4€200

5€200

Infinity

Infinity

6 x €175

8 x €175

16 x €175

32 x €175

€200 €200

6 7 8

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Level Achieved

Minimum of new associates in sponsor lines 1 & 2

5 25

6-7 50

8-9 75

10-11 100

12- 150

Open Line BonusWhen you have achieved a set level of product sales during a quarter, in both of your legs, you will qualify for the Open line bonus for that quarter.

Once you qualify for this bonus, you will receive an extra amount of commission based on all of the product package sales in your organisation, down to the next member who has achieved the same level or higher.

There are five levels to achieve. If you achieve the highest level, and don’t have any associates qualified under you for the Open line Bonus in a sponsor line, you will receive a bonus for all Product Package sales regis-tered. If any Associate has achieved a lower level, you will receive a bonus for the levels this member has not achieved. Open Line bonus will only be paid out on members qualified with minimum eight Spinglo friends.

The size of the bonus is based on the number of members who have qualified based on their product sales.

• The size of the bonus is based on the number of qualified members.

• To be entitled to Open Line Bonus, you have to be qualified for Level 5 before the start of the bonus period.

• Every new open line period requires qualification according to line 1 & 2 qualification for the level achieved.

YOU

1 2 3

3.1 3.2

3.2.1 3.2.33.2.2 3.2.4

4 5 6

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GenealogyAll associates upon joining are automatically placed into a position in the sponsorship organisa-tion under the associate who signed them up, in the first available position.

When products are sold through Synkronice or Spinglo, com-missions are calculated in accordance with the Bonus Plan. In the associate organisation there are two positions at each level, the Synkronice system will automatically allocate a position for each associate joining in the downline of the introducing associate.

The qualification levels for the career ladder are based on both the sales organisation and your as-sociate builds, and of the sales which you have helped them to achieve.

Synkronice Residual Income ScenariosIn Synkronice and Spinglo everybody will have the opportunity to take advan-tage of attractive offers from high quality partner companies.

Once an associate is qualified, all product or product package sales will qualify for commission. Here we have an example of a residual income scenario based just on sales through Spinglo, assuming the Associate concerned has joined Synkronice at no cost, and is only building their Spinglo network.

The models assumes a total of 10.000 Spinglo Friends in their downline

YOU

UPLINE UPLINE

Bonus 2% of AT 5% of AT 10% of AT

1% € 1 166 € 2 916 € 5 833

2% € 2 333 € 5 833 € 1 166

3% € 3 500 € 8 750 € 17 500

Bonus per month

Bonus 2% of AT 5% of AT 10% of AT

1% € 14 000 € 35 000 € 70 000

2% € 28 000 € 70 000 € 140 000

3% € 42 000 € 105 000 € 210 000

Bonus per year

AT = Average Turnover

If you make an assumption that your Spinglo friends will place 2% of their turnover via the Internet at Spinglo, view the figures in the 2% column. If you assume that a Spinglo friend add only 2% of their total Internet consumption in combination with 2% bonus value, you’ll notice that the bonus pays out €28.000 per year! And this without anyone in the network selling anything to anybody, ever!

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The career ladderApart from the fulfilment of reaching new posi-tions, there are also unique and generous rewards for achieving the different levels (for example; travel, watches and cars). There is also additional functionality activated in your hosted website back office to enable you to manage your larger team more effectively.

The qualification requirements for each level are based both on your sales organisation and their product package sales. The other element which determines promotion to higher levels is how ef-fectively you have helped those in your downline to achieve their goals, so remember to work with them and help them to achieve certain levels and to become leaders in the business themselves.

The leaders you develop do not have to have been directly introduced to the business by you person-ally, and can be anywhere in your downline.

Level FilledAuto Levels

Frontlines Line 1 & 2

1 1 2 -

2 2 2 2 x Level 1

3 3 3 2 x Level 1

4 4 4 2 x Level 2

5 5 5 2 x Level 3

6 6 10 2 x Level 5

7 7 10 2 x Level 5

8 8 15 2 x Level 6

9 9 15 2 x Level 6

10 10 20 2 x Level 8

11 11 20 2 x Level 8

12 12 25 2 x Level 10

Luxury Cruise

Casino, spa, cinema, jacuzzis. Lots of bars and restaurants. Gym, climbing wall and swimming pools. It’s not possible to get bored on board the fantastic cruise ships that we use for this trips.

The level 5 cruise is a cruise for two per-sons. The destinations and ports vary, but the experience is always extraordinary. Whether you want a few lazy days or days packed with action, you will get it on the Level 5 Cruise

Synkronice is the promoter of this trading scheme in the United Kingdom. The goods and services which are sold under this scheme are related goods and services.

It is illegal for a promoter or a participant in a trading scheme to persuade anyone to make a payment by promising benefits from getting others to join the scheme.

DO NOT BE MISLED BY CLAIMS THAT HIGH EARNINGS ARE EASILY ACHIEVED.

Glossary“Associate” - An individual or organisation which has entered into an agreement with the company.

“The company” - Synkronice Members Club Limited

“Upline” - All Associate placed above you in the genealogy.

“Downline” - The Associate placed below you in the genealogy.

“Genealogy” - The graphical representation of respective posi-tions within the network.

“Synkronice” - The trading name of Synkronice Members Club Limited, representing the network of associates.

“Spinglo” - The trademark of Spinglo.com, the customer regis-tration website and portal of Synkronice Members Club Limited.

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Breitling watch

You acknowledge the receipt of a really cocky clock, an impressive Breitling Windrider. Your team knows why you wear it on your arm.

Bora Bora vacation

You will fly to the South Pacific and the world’s most beautiful island - Bora Bora. You live on the water in a five-star bungalow and spend your days at water sports, safaris, or perhaps by doing absolutely noth-ing... Welcome to Paradise!

Exclusive cars

It is time for a difficult choice. Would you like to drive around in a BMW X6, an Audi S5, a Fisker Karma, or another car avaliable for you? Whatever you choose the company you promote will discreetly appear, because all the cars are “Synkronice edition”.

Gold & Sports car

We’re talking about the top position! Here is the choice even harder to make. Do you want a su-per sports car in the form of a Ferrari F458 or a Lamborghini Gallardo? Alternatively, you can rent a safety deposit box and acknowledge the receipt of equivalent amount in pure gold!DO NOT BE MISLED BY CLAIMS THAT HIGH EARNINGS ARE EASILY ACHIEVED.

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