70 likes | 168 Views
Elite Pin Title Program. Rules & Regulations Regarding Pin Title Entitlement.
E N D
Rules & Regulations Regarding Pin Title Entitlement • 1.The program will be officially launched on July.2st 2011. The various funds will be calculated from week Cycle 7. But the new pin titles’ entitlement will be back dated to Jan.1st 2011 while considering for grand recognition in Annual Global Congress. • 2.Our EC System will calculate various fund achieved and award titles achieved accordingly monthly; the funds will be accumulated and deposited into the EC system specific to each pin-title account achiever • 3. No funds can be cashed out and can only be applied to pay for categories of travel, luxury cars or properties/estates according to our marketing plan • 4.No funds can be transferred (e.g. travelling funds cannot be converted to luxury car/luxury home fund)
Rules & Regulations Regarding Pin Title Entitlement • 5. Winalite may realign the Pin Title’s qualification criteria annually according to our Global market development and notify Winaliters in advance of any changes • 6. Achievers would be recognized at the Annual Winalite Global Congress • 7. Members can check their own fund accumulation records in their respective EC system account online
Sample Calculation of Travelling Fund Definition: Per share: Global Sales PV (Except China & Hong Kong)/(Achieved member × particular share) Example: Travelling fund Cycle 7,Global Sales PV(Except China & Hong Kong) = 15,000,000 PV Travelling Fund Pool for Cycle 7 = 15,000,000X1%= 150,000 PV 2) Qualifiers for Travelling Fund Award in Cycle 7 : 200Pearl, 100 Ruby,15 Sapphire, 2Emerald,1Blue Diamond Total Share=(200*1+100*2+15*3+2*4+1*5) = 458 share 3) Per share=150,000 PV / 458 = 327.51 PV
Sample Calculation of the Luxury Car Fund Example: Car fund Cycle 8, Global Sales PV(Except China & Hong Kong) = 15,000,000 PV Car Fund Pool for Cycle 8 = 15,000,000 X0.5%=75,000 PV 2) Qualifiersfor Car Fund Award in Cycle 8 : 30Blue Diamond ,5 Crown , 1Double Crown Total Share =(30*1+5*2+1*3) = 43 share 3)Per share =75,000 PV/43 = 1744.18 PV
Sample Calculation of the Luxury Home Fund Example: Luxury Home Fund Cycle 9, Global Sales PV(Except China & Hong Kong) = 15,000,000 PV Luxury Home Fund Pool for Cycle 9 = 15,000,000 X 0.5%=75,000 PV 2)Qualifiers for Luxury Home Fund in Cycle 9 : 3Triple Crown, 1 Crown Ambassador Total share=(3*1+1*2) = 5share 3) Per share=75,000 PV / 5 = 15,000 PV