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Elite Pin Title Program. Rules & Regulations Regarding Pin Title Entitlement. 1. The program will be officially launched on July.2nd 2011. The various funds and new pin titles’ entitlement will be calculated from Cycle 7.
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Rules & Regulations Regarding Pin Title Entitlement • 1.The program will be officially launched on July.2nd 2011. The various funds and new pin titles’ entitlement will be calculated from Cycle 7. • 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 : 30Crown ,5 Double Crown , 1Triple 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