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PROGRAMME 2016 GROWTH INCENTIVE Achievers 2016 Waikiki New Emerald and Diamond Progressive Cash Awards – nearly doubled! $1000 Cash Award for New 15% Bonus/ Rebate recipients

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Page 1: GROWTH - Amway Australia · 2016-08-19 · Amway invites every qualified* Diamond and above to ... If you meet the above required growth criteria and break a new Q12 qualified leg

PROGRAMME 2016

GROWTHINCENTIVE

• Achievers 2016 Waikiki • New Emerald and Diamond

Progressive Cash Awards – nearly doubled!• $1000 Cash Award for New 15% Bonus/

Rebate recipients

Page 2: GROWTH - Amway Australia · 2016-08-19 · Amway invites every qualified* Diamond and above to ... If you meet the above required growth criteria and break a new Q12 qualified leg

IT ONLY HAPPENS ONCE.IT ONLY HAPPENS IN LAS VEGAS.AND IT ONLY HAPPENSBECAUSE OF YOU.

Amway invites every qualified* Diamond and above to be our honoured guest at the global celebration of our 60th Anniversary! Set your goals now to ensure your place at this once in a life time event, and we’ll see you in Las Vegas in May 2019.

*Qualified at the end of the Performance Year2018 (September 1, 2017 – August 31, 2018)

EVENT DATES:Founders Crown Ambassador: MAY 16 - MAY 24Founders Crown: MAY 17 - MAY 24EDC/Founders Diamonds: MAY 18 - MAY 24Diamond: MAY 19 - MAY 24

Page 3: GROWTH - Amway Australia · 2016-08-19 · Amway invites every qualified* Diamond and above to ... If you meet the above required growth criteria and break a new Q12 qualified leg

SUPERTRIP Crystal Symphony Baltic Sea CruiseDon’t forget the Supertrip in June 2016!

Arrive in style on Emirates and depart from Copenhagen in Denmark,

then Lithuania and stroll the boulevards in Helsinki, Finland.

Then, spend three days in St Petersburg, Russia to explore thewaterways before finishing in Stockholm, Sweden.

The 18 month qualification period commenced in September 2014and concludes on 29 February 2016.

Speak to your upline or State Sales Manager in Australia or SeniorManager in New Zealand NOW for more information!

Page 4: GROWTH - Amway Australia · 2016-08-19 · Amway invites every qualified* Diamond and above to ... If you meet the above required growth criteria and break a new Q12 qualified leg

HOW TO QUALIFY FOR ACHIEVERS 2016 Waikiki Qualification Period: 1 September, 2015 to 31 August, 2016

In an Achievers Qualified Month you must meet one of the following criteria: • 7500 PGV • 3250 PGV + 1 Qualified leg • 2000 PGV + 2 Qualified legs • 1000 PGV + 3 or more Qualified legs

You must also achieve at least 150 PPV in each qualifying month* For all Q7, Q8 and Q10 qualifiers who choose to qualify via the Alternative Achievers Qualification Criteria, there is a minimum Personal Group Volume component in ALL non-qualifying months as set out below. If in the event a downline Silver Producer breaks from the LOS in any non-qualifying month that volume will be counted towards your overall qualification in volume.

** Achievers Volume Equivalency: If an IBO does not qualify with 12 Achievers qualified months an alternative is available through Achievers Volume Equivalency. Generate at least 10 Achievers Qualified Months with a minimum of 108,000 VE in total volume (including both non-qualify-ing and qualifying volume) from your entire in-market group during the performance year.

Your Scenario Achievers Qualified Months Target

Alternative Achievers Qualified Months Target*

Never qualified for an Achievers event Q7 Q6 + 72,000 PGV*

Qualified for Achievers 2013 Vietnam and Achievers 2014 Bali ONLY

Q8 Q7 + 87,000 PGV*

Qualified for Achievers 2014 Bali OR Achievers 2015 Hong Kong ONLY

Q8 Q7 + 87,000 PGV*

Qualified for Achievers 2014 Bali AND

Achievers 2015 Hong Kong ONLY Q10 Q9 + 99,000 PGV*

Qualified for Achievers 2013 Vietnam AND Achievers

2014 Bali AND Achievers 2015 Hong Kong Q12** Q10 + 108,000 VE**

Emerald Bonus/Rebate Recipients Qualify Not Applicable

Alternative Achievers Qualified Months Target*

Minimum PGV required in non-qualifying months

Q6 3250 PGV Q7 4000 PGV

Q9 5000 PGV

Page 5: GROWTH - Amway Australia · 2016-08-19 · Amway invites every qualified* Diamond and above to ... If you meet the above required growth criteria and break a new Q12 qualified leg

Achievers 2016 Waikiki - Maui ExtensionQualification Period: 1 September, 2015 to 31 August, 2016.

You’ll be whisked off for 3 additional nights at a luxurious hotel in Maui, straight after Achievers 2016 at Waikiki. On this 3night retreat, you will be engaged in sessions that will enable you to set your business goals for your path of growth towardsDiamond qualification for 2018. Registration is required to participate in this programme. Achieve one of the below mentionedcriteria to be eligible.

Qualification Criteria - you must achieve one of the following

1. If you qualified for Achievers 2015 Hong Kong and/or Achievers 2014 Bali you must qualify for Achievers 2016 Waikiki and grow your PY2016* PGV by at least 25% compared with your PY2015** PGV. 2. If you have never qualified for an Achievers event before, you must qualify as a Platinum, qualify for Achievers 2016 Waikiki, and achieve at least 75,000 PGV within the qualification period.

If you meet the above required growth criteria and break a new Q12 qualified leg you will receive an additional $12,000 one time cash award.

A Q12 leg qualification can be achieved by way of volume equivalency. Generate at least 10 Silver Producer qualified months with a minimum of 108,000 VE in total volume (including both non-qualifying and qualifying volume) from your entire in-market group during the performance year.

* PY2016 PGV is your personal group volume achieved between 1 September, 2015 and 31 August, 2016. **PY2015 PGV is your total PGV achieved between 1 September, 2014 and 30 June, 2015. This PGV amount will be averaged over these 10 x months and then multiplied by 12 to represent a 12 month base.

PGV for the purpose of the Achievers 2016 Waikiki Maui Extension Programme is defined as Platinum to Platinum volume excluding non - qualified volume from a downline Platinum. If you break either a Silver Producer, Gold Producer or a downline Platinum during the Achievers 2016 Waikiki Maui Extension Programme qualification period, this volume will still be included in your qualifying PGV.

More Business Seminars 1 Achievers 2016 Waikiki Surfs Up Party - December 2015 • Held in most capital cities

• For all Silver Producers and above who qualify with at least one Achievers Qualified Month in either September, October or November 2015.

2 New Silver and Gold Producer Seminar - April 2016 • For all New Silver and Gold Producers who qualify before 31 March 2016• Afternoon workshop at your local Amway Business Centre followed by dinner for all New Gold Producers.

3 New Platinum Seminar - Adelaide/Barossa Valley - October 2016 • For all new qualified Platinums

• 2-night incentive event• In depth training workshops to help drive your business to the next level.

Page 6: GROWTH - Amway Australia · 2016-08-19 · Amway invites every qualified* Diamond and above to ... If you meet the above required growth criteria and break a new Q12 qualified leg

$1000 Cash Award for New 15% Bonus/Rebate recipients!Achieve at least 3 months of qualification at 15% together with the following elements in each qualifying month –

• At least 3 bonus/rebate paying legs • At least $650 differential bonus/rebate • Minimum 150 PPV required in each qualifying month.

To be eligible for this award you must achieve the 15% bonus/rebate level for the first time

New Road to Ruby Promotion - for qualified Platinums and above only

*Ruby rules apply for PY2016 PGV Base – ie volume excludes non-qualified volume from any currently qualified downline Platinum.** Your Average PY2015 PGV is your monthly average PGV achieved in PY2015. If it is below 7,500 PGV your PY2016 base will be 7,500 PGV.

• Payments are made progressively • Minimum 150 PPV required in each qualifying month• You must be a qualified platinum by 31 August, 2015 to be eligible to participate in this programme.

PY2016* PGV Base Target Achieve Between 9,500PGV and 14,999PGV

Average PY2015 PGV** + 2000 PGV Receive an extra 2% bonus/rebate $712 - $1,123

Page 7: GROWTH - Amway Australia · 2016-08-19 · Amway invites every qualified* Diamond and above to ... If you meet the above required growth criteria and break a new Q12 qualified leg

Silver Plus, Gold, Q6 & Q9 Platinum and Q12 Founders Platinum Progressive Cash Awards – earn up to $12,000 • All qualifying months must be at the 21% Silver Producer level within PY2016 • Earn extra cash in addition to what you can earn via the Amway Sales and Marketing Plan • To be eligible to receive ANY Progressive Cash Award you MUST achieve 150 PPV in any qualifying month.

MONTH QUALIFICATION PROGRESSIVE PAYMENT

CUMULATIVE PAYMENT & REWARD

September 15 7,500 PGV $0

October 15 7,500 PGV $2,000 $2,000 New Silver Plus

November 15 7,500 PGV $1,000 $3,000 New Gold Producer

December 15 7,500 PGV $1,000

January 16 7,500 PGV $1,000

February 16 7,500 PGV $1,000 $6,000 New Platinum

March 16 7,500 PGV $1,000

April 16 7,500 PGV $1,000

May 16 7,500 PGV $1,000 $9,000 New Q9 Platinum

June 16 7,500 PGV $1,000

July 16 7,500 PGV $1,000

August 16 7,500 PGV $1,000 $12,000 New Founders Platinum

• This example shows how you could potentially earn $12,000• Founders Platinum qualification can also be achieved by way of Volume Equivalency by generating at least 10 x Silver Producer

qualified months in the fiscal year along with 108,000 VE. Volume Equivalency includes both non-qualifying and qualifying volume from your entire in-market group during the Amway fiscal year.

• To be eligible to receive a Progressive Cash Award you MUST achieve 150 PPV in each qualifying month

Page 8: GROWTH - Amway Australia · 2016-08-19 · Amway invites every qualified* Diamond and above to ... If you meet the above required growth criteria and break a new Q12 qualified leg

New Sapphire earn up to $21,000 • You must have two qualifying legs plus 3250 PGV, in the same month • $2,000 per month paid progressively with end of year top up payment • $15,000 for Q6 Sapphire

• $21,000 for Founders Sapphire.

Qualification Criteria – achieve ONE of the following below RewardRequalify Platinum in PY2016 and at least meet your PY2015 PGV Base** with growth of below 5% $6,000

Requalify Platinum in PY2016 and grow your PGV in PY2016 by 5 - 10% over your PY2015 PGV Base** $9,000

Requalify Platinum in PY2016 and grow your PGV in PY2016 by 10 - 15% over your PY2015 PGV Base** $12,000

Requalify Platinum in PY2016 and Grow your PGV in PY2016 by 15 - 20% over your PY2015 PGV Base** $18,000

Requalify Platinum in PY2016 and grow your PGV in PY2016 by 20 - 25% over your PY2015 PGV Base** $24,000

Requalify Platinum in PY2016 and grow your PGV in PY2016 by 25% or more over your PY2015 PGV Base** $30,000

1. You must be at least a qualified Platinum as of 31 August 2015, to be eligible to participate.2. All payments will be made at the completion of PY2016 in early December 2016.3. You must have at least 150 PPV in each Platinum qualifying month.

** PY2015 PGV Base is your total PGV achieved between 1 September 2014 and 31 August 2015. • PGV for the purpose of the Platinum Plus Programme is defined as Platinum to Platinum volume excluding non - qualified volume

from a downline Platinum. If you break either a Silver Producer, Gold Producer or a downline Platinum during the Platinum Plus Programme qualification period, this volume will still be included in your qualifying PGV.

• If at any time an IBO begins to qualify for either Sapphire, Emerald or Diamond Progressive Cash Awards during PY2016 they will automatically revert to the progressive cash award payments for that particular programme.

Platinum Plus Programme Earn up to $30,000

Page 9: GROWTH - Amway Australia · 2016-08-19 · Amway invites every qualified* Diamond and above to ... If you meet the above required growth criteria and break a new Q12 qualified leg

New Emerald Progressive Cash Award earn up to $170,000 (Founders Emerald)

QUALIFICATION PY2016 PY2017 PY2018 TOTAL OVER 3 YEARSNew Emerald $80,000 $40,000 $20,000 $140,000

New Founders Emerald $90,000 $50,000 $30,000 $170,000

• You must be a New Emerald pin for the first time with at least 3 qualifying legs in PY2016. • Progressive payments of up to $6,000 are paid for each qualifying month. A top up payment of the balance will be made at the

end of PY2016. • Payments are pro rata and made for in-market qualifying legs only. • One grace year is permitted for requalification.

If you requalify Emerald in PY2017 and PY2018 you could potentially earn extra cash awards paid at the end of each year. Please see below how payments are made over 3 years. There is one grace year permitted.

Page 10: GROWTH - Amway Australia · 2016-08-19 · Amway invites every qualified* Diamond and above to ... If you meet the above required growth criteria and break a new Q12 qualified leg

New Diamond Progressive Cash Award earn up to $250,000 (Founders Diamond)

QUALIFICATION PY2016 PY2017 PY2018 TOTAL OVER 3 YEARSNew Diamond $100,000 $60,000 $40,000 $200,000

New Founders Diamond $110,000 $80,000 $60,000 $250,000

• You must be a New Diamond pin for the first time with at least 3 qualifying in-market legs in PY2016. • Progressive payments of up to $12,000 are paid for each qualifying month. A top up payment of the remaining balance amount

will made at the end of PY2016. • Payments are pro rata made for in-market qualifying legs only. • One grace year is permitted for requalification.

If you requalify as Diamond in PY2017 and PY2018 you could potentially earn extra cash awards paid at the end of each year. Please see below how payments are made over three years. There is one grace year permitted.

Page 11: GROWTH - Amway Australia · 2016-08-19 · Amway invites every qualified* Diamond and above to ... If you meet the above required growth criteria and break a new Q12 qualified leg

Champion Leaders (FAA Enhancement) Cash Awards Programme - Earn up to $35,000* • To participate, you must be at least an Emerald Bonus/Rebate Recipient in PY2016. • You must have a minimum of 2 FAA (Founders Achievement Award) points in PY2016. • You must grow your in-market FAA points tally in PY2016 by at least 0.5 FAA points compared with PY2015.

* Earn between $7,500 and $35,000.

FAA Points Range AU$ PAYMENT TERMS AND CONDITIONS2 - 3.5 leg credits $7,500 Must grow total FAA points in PY2016 by at least

0.5 points above PY2015. Growth must be from in-market legs.

4 - 5.5 leg credits $15,000 Must grow FAA points in PY2016 by at least 0.5 points above PY2015. Growth must be from in-market legs.

6 - 7.5 leg credits $30,000 Must grow total FAA points in PY2016 by at least 0.5 points above PY2015. Growth must be from in-market legs.

8 - 11.5 leg credits $42,000 An additional payment of AU$20,000 for a minimum of 0.5 FAA in-market growth.

12 - 15.75 leg credits $84,000 An additional payment of AU$25,000 for a minimum of 0.5 FAA in-market growth.

16 - 19.75 + leg credits $168,000 An additional payment of AU$35,000 for a minimum of 0.5 FAA in-market growth.

Page 12: GROWTH - Amway Australia · 2016-08-19 · Amway invites every qualified* Diamond and above to ... If you meet the above required growth criteria and break a new Q12 qualified leg

FAA Payments for qualifiers with 20 leg credits or more20 leg credits AUS $252,000 NZ $258,000

25 leg credits AUS $336,000 NZ $344,000

30 leg credits AUS $504,000 NZ $516,000

35 leg credits AUS $672,000 NZ $688,000

40 leg credits AUS $840,000 NZ $860,000

45 leg credits AUS $1,008,000 NZ $1,032,000

50 leg credits AUS $1,176,000 NZ $1,204,000

55 leg credits AUS $1,134,000 NZ $1,376,000

60 leg credits AUS $1,512,000 NZ $1,548,000

65 leg credits AUS $1,680,000 NZ $1,720,000

70 leg credits AUS $1,848,000 NZ $1,892,000

Domestic Legs Credits

International Legs Leg Credits # 2 Businesses

Q12 Leg 1.0 #2 Q12 leg 1.0

EBR Leg 1.5 #2 EBR 1.5

DBR Leg 3 #2 DBR 3

Other Q12 International leg

0.5

PY2016 FAA One Time Cash Awards40 1st time AUS $1,680,000 NZ $1,720,000

45 1st time AUS $2,520,000 NZ $2,580,000

50 1st time AUS $3,360.000 NZ $3,440,000

55 1st time AUS $4,200,000 NZ $4,300,000

60 1st time AUS $5,040,000 NZ $5,160,000

65 1st time AUS $5,880,000 NZ $6,020,000

70 1st time AUS $6,720,000 NZ $6,880,000

PY2016 One Time Cash AwardsDouble Diamond AUS $63,000 NZ $64,000

Founders Double Diamond AUS $84,000 NZ $86,000

Triple Diamond AUS $105.000 NZ $107,000

Founders Triple Diamond AUS $126,000 NZ $129,000

Crown AUS $168,000 NZ $172,000

Founders Crown AUS $210,000 NZ $215,000

Crown Ambassador AUS $252,000 NZ $258,000

Founders Crown Ambassador AUS $294,000 NZ $301,000

Page 13: GROWTH - Amway Australia · 2016-08-19 · Amway invites every qualified* Diamond and above to ... If you meet the above required growth criteria and break a new Q12 qualified leg

WHAT CAN I EARN? Amway promotes a business inclusive of a good balance between both width and depth.

*These figures are inclusive of Growth Incentive Programme payments (applies only to Platinum, Founders Platinum and Founders Emerald Levels). Income levels will vary depending on the business activity, business structure or the application of the Amway Growth Incentive Programme in any given year. Indicated results are based on analysis of 2014 performance year actual earnings which are expressed in Australian Dollars.

AMWAY PIN LEVEL QUALIFICATION IBO EARNINGS

Platinum $40,000*

Founders Platinum $75,000*

Founders Emerald $200,000*

Founders Diamond $260,000

Page 14: GROWTH - Amway Australia · 2016-08-19 · Amway invites every qualified* Diamond and above to ... If you meet the above required growth criteria and break a new Q12 qualified leg

TERMS & CONDITIONS

1. All New Zealand Progressive Cash Award qualifiers will be paid in Australian Dollars (AU$) which will then be converted to the equivalent amount in New Zealand Dollars at the time of payment. This does not apply to standard FAA payments and Double Diamond and above Higher Award OTCAs.

2. All 15% bonus/rebate qualifiers and above IBOs who wish to participate in the 2016 Growth Incentive Programme will be required to register their acceptance of the terms and conditions, inclusive of the Higher Award and Growth Incentive Programme Tracking and Review Process. Only registered incentive participants will be processed under the Higher Award and Growth Incentive Programme Tracking and Review Process to qualify for potential incentive payments. These terms and conditions must be read in conjunction with the Higher Award and Growth Incentive Programme Tracking and Review Process PY2016 Australia and New Zealand requirements which will be distributed together with the registration to all Silver Producer and above IBOs. Any IBO who intends to qualify for the Achievers 2016 Maui extension will be required to register for this event.

3. Any IBO who qualifies for either an Achievers qualified month or any cash award must have a minimum of 150PPV in each qualifying month. Where an IBO achieves 150PPV for a qualifying month this requirement EXCLUDES automatic top-up and automatic top-up reversal.

4. To qualify for any of the Progressive Cash Awards (PCA), an IBO must achieve the new qualification level for the first time, and satisfy the special conditions provided for under various higher award PCAs.

5. An IBO must be in good standing with Amway to receive Progressive Cash Awards, Platinum Plus payments, Road To Ruby, or FAA Champion Leaders Programme payments or receive an invitation to ANY Amway Business Seminar. At all times, the Rules of Conduct for Amway IBOs (Rules of Conduct) must be complied with.

6. If an IBO qualifies for multiple payments from the Progressive Cash Awards and Platinum Plus payments in the same performance year, they will receive only the higher value incentive payment. This excludes Road To Ruby payments and Champion Leaders FAA Enhancement payments.

7. All monthly progressive cash awards and Road to Ruby cash awards will be paid on completion of the relevant higher reward qualification and review process (usually within eight weeks after the actual qualification month has been finalised). For example, if you qualify for a Progressive Cash Award payment in September 2015 you will be paid end November 2015. All top up payments will be paid with the annual bonus/rebates in December 2016.

8. To qualify for the Silver Plus, Gold, Q6 and Q9 Platinum or Q12 Founders Platinum PCA, all qualifying months must be within the Amway Performance Year.

9. To qualify for the New Sapphire PCA, the qualifier must be a new qualifier in the Amway Performance Year with both qualifying legs being in-market legs and all qualifying months must be within the Amway Performance Year.

10. To qualify for the New Emerald PCA, all qualifying months must be within the Amway Performance Year. Amway only pays on in market qualified legs. Pro rata rates apply where there are overseas qualified legs.

11. To qualify for the New Diamond PCA, an IBO must, at a minimum, be an Emerald Bonus/ Rebate Recipient. All qualifying months must be within the Amway Performance Year. Amway only pays on in market qualified legs. Pro rata rates apply where there are overseas qualified legs.

12. To be eligible for a top up payment for the New Emerald or the New Diamond Progressive Cash Award your volume must be a minimum of 5% greater than the previous year (Platinum to Platinum)

13. If you qualify for the New Emerald or Diamond PCA in PY2016 and then New Founders Emerald or Diamond PCA in PY2017 you will only receive a payment which a qualifier would normally receive for requalification, all new qualifying legs must be in-market legs and all qualifying months must be within the Amway Performance Year.

14. A qualifier cannot receive Progressive Cash Award payments in PY2016 which they received in PY2015 or PY2014. The starting point for progressive payments in PY2016 will be where a qualifier finished collecting

progressive payments in PY2014 or PY2015. For example, if you received $3,000 in PY2015 for qualifying for a Gold Progressive Cash Award and you qualify for a Q6 Platinum Progressive Cash Award in PY2016 you will receive $3,000.

15. An IBO cannot receive progressive monthly payments if there are insufficient remaining months to complete qualification. This applies to Silver Plus, Gold, Q6 Platinum, Q9 Platinum and Q12 Founders Platinum.

16. Personal group volume for the purpose of the Platinum Plus Programme and Achievers 2016 Waikiki Maui Extension is defined as Platinum to Platinum volume excluding non-qualified volume from a downline Platinum. If in the event there are new multiple silver and/or gold producers and platinums further downline in one leg the entire volume will still be counted.

17. If you are not a qualified Platinum and you break one or more downline Silver Producers within the Maui Extension qualification period and you also qualify as a Silver Producer in the same month, the volume from the downline Silver Producer(s) will be included in your personal group volume

18. All Platinum Plus payments will be paid on completion of the relevant higher reward qualification and review process in early December 2016.

19. An IBO must requalify Platinum in PY2016 to receive any Platinum Plus payments.

20. If there is default on instalment finance of volume that contributes to any higher award qualification, AMWAY reserves the right to withhold the qualification and award and any related cash award payment until the debt is resolved.

21. To protect the line of sponsorship AMWAY has instituted procedures, so far as practicable, to issue finance terms only to IBOs with the appropriate credit history, however, bonus/rebate qualifiers acknowledge that instalment debt management is a joint responsibility between the leadership and AMWAY.

22. In the event that an audit of a qualification month indicates noncompliance with the Rules of Conduct or Higher Award tracking requirements Amway will take steps to recover Progressive Cash Award payments and Platinum Plus cash award payments. If there is a return of products exceeding 400PV (200PV in New Zealand) by a qualifier or an IBO through line from a qualifier the PV will be reworked back to the month of purchase and any progressive cash award or Platinum Plus payments paid in relation to that product will be recoverable by Amway.

23. To participate in the PY2016 Growth Incentive Programme, all IBOs must comply with the Rules of Conduct, in particular, Australian Rules Rule 4.1 (Responsibilities of a Sponsor), Rule 4.12 (Responsibility for Reputation), Rule 3.9.29 (AMWAY Sales and Marketing Plan... manipulation through depth sponsoring) and Rule 3.19 (be engaged only in the Amway business and no other direct selling/MLM business).

24. All IBOs must be in good standing with Amway to receive an invitation to ANY business seminar as a part of the PY2016 Growth Incentive Programme.

25. Travel and accommodation will not be provided for the Silver and Gold Producer Seminars or Surfs Up events.

26. The Silver and Gold Producer Seminar, New Platinum Seminar, Surf’s Up and Achievers events are all classified as invitational events. Thus, if an IBO receives an invitation and chooses for whatever reason not to attend any of these events they will not be reimbursed with any of the costs associated with that particular event.

27. All IBOs are responsible for their own visas upon departing and/or returning into Australia or New Zealand for any Achievers event which is held overseas. If for any reason an IBO is refused re-entry back into Australia or New Zealand owing to a visa issue the IBO(s) will be liable for ALL associated accommodation and travel costs incurred for any additional time which they are required to spend in the country where the event is located.

28. Children are not invited to ANY Amway Business Seminar event unless they are registered on the IBO ship.

29. These Terms & Conditions are subject to change without notice.

Page 15: GROWTH - Amway Australia · 2016-08-19 · Amway invites every qualified* Diamond and above to ... If you meet the above required growth criteria and break a new Q12 qualified leg

AMWAY DEFINITIONSACHIEVERS: The annual invitational business seminar for high performing IBOs.

DIAMOND PIN: Awarded to Platinum’s who have developed six personally, foster or internationally sponsored groups each of which has attained the maximum performance bonus/rebate level for a minimum of six months of the Amway Performance Year. Qualifiers must also be Emerald Bonus/Rebate Recipients in the same year.

EMERALD BONUS / REBATE RECIPIENT( EBR/ERR ): An IBO will have personally or foster sponsored three or more in-market 21%groups, each of which have qualified at the maximum performance bonus level in at least six months of the Amway Performance Year.

FOUNDERS PLATINUM PIN: Awarded to Platinum IBOs who have maintained the Silver Producer level for each of the 12 months in a Performance Year, or who have qualified by way of Volume Equivalency (VE).

PCA: Progressive Cash Award.

PGV: Personal Group Volume (PGV): Any volume outside of an IBO’s entire existing qualified leg(s).

PLATINUM PIN: Awarded to IBOs who have achieved six qualifying months (three of which must be consecutive) at the Silver Producer level in a rolling 12 calendar month period. Requalification at Platinum is any six months at the Silver Producer level within the same fiscal year.

PPV: Any Volume which is purchased by an IBO for personal use, or for sale to customers.

PY 2014: Performance Year that runs from 1 September 2013 through to 31 August 2014.

PY2015: Performance Year that runs from 1 September 2014 through to 31 August 2015.

P Y 2016: Performance Year that runs from1 September 2015 through to 31 August 2016.

P Y 2017: Performance Year that runs from 1 September 2016 through to 31 August 2017.

P Y 2018: Performance year that runs from1 September 2017 through to 31 August 2018

Q6 PLATINUM: Awarded to IBOs who have achieved six qualifying months at the Silver Producer level within the same Amway Performance Year. Three months must be consecutive.

QUALIFYING LEG: A personal or foster sponsored leg that has qualified at the maximum performance bonus level of 21% for a minimum of six months within the same Amway Performance Year.

RULES OF CONDUCT: The Rules of Conduct for Amway IBOs which can be found at www.amway.com.au/rulesofconduct or www.amway.co.nz/rulesofconduct.

SAPPHIRE PIN: Awarded to Platinum’s who have developed any two legs which have attained the maximum performance bonus/ rebate level with 15% side volume 3250PGV, in the same six months of the Performance Year.

SILVER PRODUCER: A month in which you have 7500PGV or 3250PGV and have one qualified leg. Where you have two or more qualified legs, no PGV is required.

GOLD PRODUCER: An IBO who achieves three qualifying Silver Producer months within a rolling twelve month period.

VOLUME EQUIVALENCY (VE): Achieved by generating at least 10 Silver Producer Qualified months in the Performance Year along with 108,000VE, which equates to 120% of the annual Founders Platinum volume. Volume Equivalency includes both non-qualifying and qualifying volume from your entire in-market Group during the Amway Performance Year.