DLC compensation plan(5)

5. Profit Sharing Manager Bonuses And Pins.

Most people have difficulty saving the money they make. It is therefore the goal of DLC to help our leaders solve this problem by writing an outrageous Profit Sharing Program where we hope the profit sharing check received by leaders will be a huge percentage of their total yearly income. We hope it will account for over 50% of a PSM’s annual income. We want you to be a millionaire and we are serious about it. Many people in developed countries make over US$1 million in their lifetime but will never be millionaires. Earning US$30,000 or US$40,000 annually for 30 or 40 years can total your earnings to over millions of dollars, but it will never make you a millionaire. To be a millionaire when you retire, you need to make a lot more than a million. Before we go into the details of our PSM program, we would like to share with you an important topic.

Who should qualify for which kind of bonuses? Definition of different kinds of bonuses

Retail Profit is the profit by a distributor when he/she sells products to customers. Monthly override bonus is the bonus for a leader who spends time helping a new distributor as he moves from distributor to 15% level. Manager Bonus and High Pin Manager bonus. 18%, Manager, Pearl, Ruby, Emerald, Sapphire and Diamond Manager bonus is the monthly reward for an upline who breaks off one or more 18% and help that 18% maintain their level bonus. Profit sharing bonuses are bonuses computed based on a percentage of a company’s total country sales volume paid out semi-annually to leaders who have the ability to build strong line(s) with solid organizations.

	Profit Sharing Bonus Pay Out Program
	DLC will pay out 6% of the company’s semi-annual sales as profit sharing bonus. Qualification requirement: all Profit Sharing Managers must qualify for the leadership bonus at least 4 months in the 6 months period to be able to qualify for profit sharing bonus of that period. ‧ How often will we give out the Profit Sharing? Normally, the Profit Sharing Program of any company is given out once a year to the qualified Profit Sharing Managers. DLC, however, is an exception. DLC will be giving out our Profit Sharing Bonus TWICE a year, every 6 months! This will give distributors more opportunity to qualify for the Profit Sharing.
	Profit Sharing Manager. (4%)
	‧ PS Manager or PSM Level 1 = 1M x 18% x 4 months = 1% PS Pearl Manager or PSM Level 2 = 2M X 18% x 4 months = 1% PS Ruby Manager or PSM Level 3 = 3M x 18% x 4 months = 1% PS Emerald Manager or PSM Level 4= 6M x 18% x 4 months = 0.6% PS Sapphire Manager or PSM Level 5 = 9M x 18% x 4 months = 0.2% PS Diamond Manager or PSM Level 6 = 12M x 18% x 4 months = 0.2%
	Super Profit Sharing Manager. (2%)
	‧ SPS Manager or PSM Level 1 = 1M x 18% x 6 months = 0.5% SPS Pearl Manager or PSM Level 2 = 2M X 18% x 6 months = 0.5% SPS Ruby Manager or PSM Level 3 = 3M x 18% x 6 months = 0.5% SPS Emerald Manager or PSM Level 4 = 6M x 18% x 6 months = 0.3% SPS Sapphire Manager or PSM Level 5 = 9M x 18% x 6 months = 0.1% SPS Diamond Manager or PSM Level 6 = 12M x 18% x 6 months = 0.1%
	Restriction and Explanation
	‧ After qualifying for a Profit Sharing Bonus, the PSM must make sure that the line(s) used for qualifying must maintain a normal healthy monthly volume every month for the next Profit Sharing period. ‧ Before we pay out the Profit Sharing Bonus and the line(s) used for qualifying for the Profit Sharing is/are suspected of having irregular activities and was proven to be correct, that line will not be qualified to be used as part of the Profit Sharing Program. This will be considered as a first offence, then the Profit Sharing Manager concerned will be given a warning; on the second offence, the Manager will be disqualified from the Profit Sharing Program for three Profit Sharing periods. However, if there will be proof that there is an intention to manipulate lines in order for the PSM to qualify for the PS bonus, then the PSM will be disqualified for that Profit Sharing period. ‧ Any PSM who have received the Profit Sharing Bonus and was discovered to have transferred PV from one line to another to qualify for Profit Sharing will be penalized for three Profit Sharing periods, meaning, the PSM will have to qualify for profit sharing for three Profit Sharing periods but will not be paid for those periods. The PSM bonus he/she received has to be returned and paid back to all the other PSMs. DLC will deduct the PS bonus from his/her monthly bonus. The PSM is not allowed to participate in this program until he/she has done so. No legal action can be taken against DLC or any members of the management. A second offence will automatically disqualify the Manager from participating in this Profit Sharing Bonus forever. ‧ The Company will re-compute all bonuses received by the Profit Sharing Manager and his/her upline manager(s) in case any subsequent product returns will cause necessary corrections in the PV and qualification of the manager concerned. ‧ All Profit Sharing Managers must make an effort to help the Company and other distributors as Profit Sharing Bonus is paid based on the percentage of the total country sales volume and is not a percentage of the total sales of the PSM’s personal group. Leaders who help crosslines must adhere to DLC’s system and training materials. We do not want any leaders to teach any new system not approved by the Company. ‧ An International Manager line can also be counted as a Profit Sharing line in the country if he/she qualifies under the terms set in Section G.3.4. ‧ An International Manager can also qualify to this PSM program in any International market where we are operating, if he/she can satisfy the conditions set in Section G.3.4 and he/she must at least qualify for Manager Level in the Home-base for that Profit Sharing period. Note that in case the Manager Line(s) used for the Profit Sharing is an International Line, they must satisfy the conditions set in Section G.3.4 at the same time ‧ A Profit Sharing Manager who does not attend our rallies, training and company- organized events will be disqualified as a Profit Sharing Manager for the Profit Sharing period.
	Basis For The Profit Sharing
	‧ PSM Level 1. The portion a leader will receive is dependent on his/her Profit Sharing Points (PSP). The PSP is the sum of the Personal Point Value (PPV: Personal Sales PV) and the Group Point Value (GPV: Group Sales PV of all personally sponsored Distributors below 18%) of the PSM for the Profit Sharing Period. ‧ PSM Level 2. The portion a leader will receive is dependent on his/her PSP plus 30% of the PSP of his/her 1st Generation Active Profit Sharing Manager qualified for the program. ‧ PSM Level 3 and above. The portion a leader will receive is dependent on his/her PSP plus 30% of the PSP of all of his/her 1st Generation Active Profit Sharing Manager qualified for the program plus 10% of the PSP of all active second generation Profit Sharing Manager and below (infinity). DLC reserves the right to make adjustment.
*	The Profit Sharing Program is a benefit designed for leaders who can build a strong, healthy and stable network. Retailing and sponsoring of new distributors are the keys to enjoy the profit sharing bonuses.
	Pins For Profit Sharing Managers.
	Profit sharing Manager or PSM Level 1 Pin. Any manager who qualifies for the Level 1 Profit Sharing Manager (PSM) for 2 consecutive Profit Sharing Periods must submit a Profit Sharing Confirmation Form, and after the validation of the company, will become a Recognized PSM and awarded a Gold PSM pin at the Recognition Rally. Super PSMs will be awarded a Platinum PSM pin.
	Profit Sharing Pearl Manager or PSM Level 2 Pin. Any manager who qualifies for the Level 2 Pearl PSM for 2 consecutive Profit Sharing Periods must submit a Profit Sharing Confirmation Form, and after the validation of the company, will become a Recognized Pearl PSM and awarded a Pearl PSM pin at the Recognition Rally. Super Pearl PSMs will be awarded a Pearl Platinum PSM pin.
	Ruby Manager or PSM Level 3 Pin. Any manager who qualifies for the Level 3 Ruby PSM for 2 consecutive Profit Sharing Periods must submit a Profit Sharing Confirmation Form, and after the validation of the company, will become a Recognized Ruby PSM and awarded a Ruby PSM pin at the Recognition Rally. Super Ruby PSMs will be awarded a Ruby Platinum PSM pin.
	Emerald Manager or PSM Level 4 Pin. Any manager who qualifies for the Level 4 Emerald PSM for 2 consecutive Profit Sharing Periods must submit a Profit Sharing Confirmation Form, and after the validation of the company, will become a Recognized Emerald PSM and awarded an Emerald PSM pin at the Recognition Rally. Super Emerald PSMs will be awarded an Emerald Platinum PSM pin.
	Sapphire Manager or PSM Level 5 Pin. Any manager who qualifies for the Level 5 Sapphire PSM for 2 consecutive Profit Sharing Periods must submit a Profit Sharing Confirmation Form, and after the validation of the company, will become a Recognized Sapphire PSM and awarded a Sapphire PSM pin at the Recognition Rally. Super Sapphire PSMs will be awarded a Sapphire Platinum PSM pin.
	Diamond Manager or PSM Level 6 Pin Any manager who qualifies for the Level 6 Diamond PSM for 2 consecutive Profit Sharing Periods must submit a Profit Sharing Confirmation Form, and after the validation of the company, will become a Recognized Diamond PSM and awarded a Diamond PSM pin at the Recognition Rally. Super Diamond PSMs will be awarded a Diamond Platinum PSM pin.