wellstar founder programmewellstar-company.com/wp-content/uploads/2019/01/...exclusive embroidered...

WellStar Founder

WELLSTARFOUNDER PROGRAMME

2019

EN

FOUNDER POOL PLACES EUROPE1 PLACES ASIA2 PERCENT FOUNDER LEVEL PREMIUM3

Grand Royal Crown Ambassador Pool 2 5 + 0,75Exclusive embroidered Founder jacket / costume, Founder dream house bonus, value: 3 Mio. € (only for first GRCA Europe and first GRCA Asia), plus Founder Learjet membership bonus, diamond level: 500.000 € and personalized Ambassador Founder watch, Hublot / Bulgary 100.000 €

Royal Crown Ambassador Pool 3 10 + 0,75Exclusive embroidered Founder jacket / costume, Founder dream house bonus, value: 1 Mio. € (only for first RCA Europe and first RCA Asia per region, 1/3 North Asia - 1/3 China and 1/3 Asia Pazific) and Founder Learjet membership bonus, platinum level: 300.000 €

5-Star Crown Ambassador Pool 7 21 + 0,5Exclusive embroidered Founder jacket / costume and Founder dream car programme, gold level: Bentley, Rolls Royce, Lamborghini

4-Star Crown Ambassador Pool 10 30 + 0,5Exclusive embroidered Founder jacket / costume and special Ambassador Founder watch, Hublot / Bulgary Gold Diamond

3-Star Crown Ambassador Pool 12 36 + 0,5 Exclusive embroidered Founder jacket / costume and Founder Learjet membership bonus, gold level: 100.000 €

2-Star Crown Ambassador Pool 15 45 + 0,5Exclusive embroidered Founder jacket / costume and engraved 2-Star Crown Ambassador Founder gold signet ring 24k

1-Star Crown Ambassador Pool 20 60 + 0,5 Exclusive embroidered Founder jacket / costume and Founder two weeks dream holiday for two persons “luxury retreat”

Crown Ambassador Pool 50 150 + 0,5 Exclusive embroidered Founder jacket / costume and special Ambassador Founder watch, Hublot / Bulgary

Executive Ambassador Pool 100 300 + 0,5 Exclusive embroidered Founder jacket / costume and engraved Ambassador Founder gold signet ring 24k

International Vice President Pool 250 750 + 0,5 Engraved Founder gold bracelet 24k

National Vice President Pool 750 2.250 + 0,5 Engraved Founder pen, Montblanc Masterpiece

Regional Vice President Pool 3.000 9.000 1,0 Founder business bag with Founder emblem pendant

¹ Includes all countries in Europe, plus Russia, Ukraine and Turkey.2 participation of places for Asia: 1/3 North Asia (Kazakhstan, Mongolia, Rep. of Korea, Japan), 1/3 China (Shanghai, Hongkong, China) and 1/3 Asia Pazific (Thailand, Indonesia, Vietnam, India).

“We want to let all fully-qualified partners in the

Founder Pool know that, as Top Leaders at WellStar,

they have played a key role in building up the company

of WellStar. WellStar is family-owned and financially

completely independent.

We do not share our profits with any bank or external

investor. We share our success and our profits

exclusively with our Top Leaders, whom we view and

treat as co-owners.

We are building up WellStar together and we are also

benefiting jointly from all the successes.“

Christian Wiesner, WellStar CEO

FOUNDER PHILOSOPHY

1 | WellStar Founder Programme

FOUNDER POOL PLACES EUROPE1 PLACES ASIA2 PERCENT FOUNDER LEVEL PREMIUM3

Grand Royal Crown Ambassador Pool 2 5 + 0,75Exclusive embroidered Founder jacket / costume, Founder dream house bonus, value: 3 Mio. € (only for first GRCA Europe and first GRCA Asia), plus Founder Learjet membership bonus, diamond level: 500.000 € and personalized Ambassador Founder watch, Hublot / Bulgary 100.000 €

Royal Crown Ambassador Pool 3 10 + 0,75Exclusive embroidered Founder jacket / costume, Founder dream house bonus, value: 1 Mio. € (only for first RCA Europe and first RCA Asia per region, 1/3 North Asia - 1/3 China and 1/3 Asia Pazific) and Founder Learjet membership bonus, platinum level: 300.000 €

5-Star Crown Ambassador Pool 7 21 + 0,5Exclusive embroidered Founder jacket / costume and Founder dream car programme, gold level: Bentley, Rolls Royce, Lamborghini

4-Star Crown Ambassador Pool 10 30 + 0,5Exclusive embroidered Founder jacket / costume and special Ambassador Founder watch, Hublot / Bulgary Gold Diamond

3-Star Crown Ambassador Pool 12 36 + 0,5 Exclusive embroidered Founder jacket / costume and Founder Learjet membership bonus, gold level: 100.000 €

2-Star Crown Ambassador Pool 15 45 + 0,5Exclusive embroidered Founder jacket / costume and engraved 2-Star Crown Ambassador Founder gold signet ring 24k

1-Star Crown Ambassador Pool 20 60 + 0,5 Exclusive embroidered Founder jacket / costume and Founder two weeks dream holiday for two persons “luxury retreat”

Crown Ambassador Pool 50 150 + 0,5 Exclusive embroidered Founder jacket / costume and special Ambassador Founder watch, Hublot / Bulgary

Executive Ambassador Pool 100 300 + 0,5 Exclusive embroidered Founder jacket / costume and engraved Ambassador Founder gold signet ring 24k

International Vice President Pool 250 750 + 0,5 Engraved Founder gold bracelet 24k

National Vice President Pool 750 2.250 + 0,5 Engraved Founder pen, Montblanc Masterpiece

Regional Vice President Pool 3.000 9.000 1,0 Founder business bag with Founder emblem pendant

3 Payout only from an annual minimum turnover of at least 500.000 PV (valid for each of Europe and Asia). Performance bonus: Payment of 50% in the 1st quarter of the following year. Loyalty bonus: Payment of the remaining 50 % after a period of 5 years from

the date of the qualification. For more details, please refer to the last pages of this brochure.

WellStar Founder Programme | 2

only for members of the Founder Club from the Founder position

Executive Ambassador

Exclusive embroidered

Founder jacket / costume

At the WellStar Founder Gala, you will be presented as an outstanding WellStar partner and honoured as

a WellStar Founder live on the stage in front of hundrets of enthusiastic partners.

For your extraordinary achievements, you will receive a highly exclusive and unique reward. In what is

probably the most exclusive club in the world, as an actively qualified Founder, you will benefit from all

WellStar sales revenues.*

WELLSTAR FOUNDER POOL


Founder Bonus:

Founder Pool Premium:Founder business bag with Founder emblem pendant

WELLSTAR FOUNDER CLUBYOUR EXCLUSIVE AND HIGHLY LUCRATIVE WELLSTAR COMPANY REVENUE SHARING

1,0 %

* The Founder Bonus applies to all partners who have qualified in the current year. For the Founder prizes you can qualify only once and only from your own region. Region 1 (Europe / Turkey / Russia / Ukraine). Region 2 (Kazakhstan / Mongolia / Korea / Japan / Shanghai / Hong Kong / China / Thailand / Vietnam / Indonesia / India). However, participants from Region 1 or Region 2 still receive the bonus for Founder Distributions upon successful Founder Cross Region Qualification.



Founder Bonus:1,0 % RVP + 0,5 % = 1,5 % in total

Founder Pool Premium:Engraved Founder pen, Montblanc Masterpiece

1,5 %



Founder Bonus:1,5 % NVP + 0,5 % = 2,0 % in total

Founder Pool Premium:

2,0 %Engraved Founder gold bracelet 24k



Founder Bonus:2,0 % IVP + 0,5 % = 2,5 % in total


2,5 %Exclusive embroidered Founder jacket / costume

and engraved Ambassador Founder gold signet ring 24k



Founder Bonus:2,5 % AMBA + 0,5 % = 3,0 % in total


3,0 %

Hublot watch „Classic Fusion King Gold“

Exclusive embroidered Founder jacket / costume and special Ambassador Founder watch, Hublot / Bulgary


Bvlgari watch „LVCEA“



Founder Bonus:3,0 % CA + 0,5 % = 3,5 % in total


3,5 %Exclusive embroidered Founder jacket / costume and Founder two weeks dream holiday for two persons “luxury retreat”



Founder Bonus:3,5 % 1-Star CA + 0,5 % = 4,0 % in total


4,0 %Exclusive embroidered Founder jacket / costume and engraved 2-Star Crown Ambassador Founder gold signet ring 24k





4,5 %

* Payout of Founder Learjet membership bonus in 5 equal parts over 5 years, only if the position is re-qualified every year.

Exclusive embroidered Founder jacket / costume and Founder Learjet membership bonus, gold level: 100.000 €





5,0 %Exclusive embroidered Founder jacket / costume and special Ambassador Founder watch, Hublot / Bulgary Gold Diamond

Bvlgari watch „Piccola LVCEA“Hublot watch

„Classic Fusion Chronograph King Gold Pavé“





5,5 %Exclusive embroidered Founder jacket / costume and Founder dream car programme, gold level: Bentley, Rolls Royce, Lamborghini


* Founder car programme qualification is valid for one year. Payout of Founder dream car programme bonus for one year in monthly rates. Payout for one more year, if the qualification for the Founder position is re-qualified.





6,25 %Exclusive embroidered Founder jacket / costume,Founder dream house bonus, value: 1 Mio. €* and Founder Learjet membership bonus, platinum level: 300.000 €

* Founder dream house bonus only for first RCA Europe and first RCA per Asia region (1 North Asia (Kazakhstan, Mongolia, Rep. of Korea, Japan), 1 China (Shanghai, Hongkong, China) and 1 Asia Pazific (Thailand, Indonesia, Vietnam, India) = 3 RCA of Asia).


Payout of Founder dream house bonus in 10 equal parts over 10 years, only if the position is re-qualified every year. Payout of Founder Learjet membership bonus in 5 equal parts over 5 years, only if the position is re-qualified every year.



Founder Bonus:6,25 % RCA + 0,75 % = 7,0 % in total


7,0 %

* Founder dream house bonus only for first GRCA Europe and first GRCA Asia. Payout of Founder Learjet membership bonus in 5 equal parts over 5 years, only if the position is re-qualified every year. Payout of Founder dream house bonus in 10 equal parts over 10 years, only if the position is re-qualified every year.

Exclusive embroidered Founder jacket / costume, Founder dream house bonus, value: 3 Mio. €, plus Founder Learjet membership bonus, diamond level: 500.000 € and personalized Ambassador Founder watch, Hublot / Bulgary 100.000 €


FOUNDER POOL QUALIFICATION 2019

FOUNDER POSITION

FAST RUNPERIOD

12 MONTHFULL

QUALIFICATION1

STRUCTUREQUALIFICATION

NEW BUSINESSQUALIFICATION

12 MONTHOTHER REGION QUALIFICATION1

NEW BUSINESSOTHER REGION QUALIFICATION

GRCA 100.000 BV 3 Mio. PV30% OS3L3

+ 10 CA QUAL.2 AMBA + 5 RVP

50.000 PV 1,5 Mio. PV

1 AMBA + 3 RVP25.000 PV

RCA 50.000 BV 1 Mio. PV30 % OS2L2

+ 5 CA QUAL.5 RVP

30.000 PV500.000 PV

3 RVP15.000 PV

5-Star CA 25.000 BV 500.000 PV30% OS2L2

+ 5 AMBA QUAL.5 RVP

25.000 PV250.000 PV

3 RVP12.500 PV

4-Star CA 15.000 BV 360.000 PV30% OS2L2

+ 4 AMBA QUAL.5 RVP

20.000 PV180.000 PV

3 RVP10.000 PV

3-Star CA 12.500 BV 240.000 PV30% OS2L2

+ 3 AMBA QUAL.5 RVP

15.000 PV120.000 PV

3 RVP7.500 PV

2-Star CA 10.000 BV 180.000 PV30% OS2L2

+ 2 AMBA QUAL.5 RVP

12.000 PV90.000 PV

3 RVP 6.000 PV

1-Star CA 7.500 BV 120.000 PV30% OS2L2

+ 1 AMBA QUAL.5RVP

9.000 PV60.000 PV

3 RVP 4.500 PV

CA 5.000 BV 60.000 PV 30% OS2L4 RVP

5.000 PV30.000 PV

2 RVP2.500 PV

AMBA 2.500 BV 30.000 PV 30% OS2L3 RVP

3.000PV15.000 PV

2 RVP1.500 PV

IVP 1.000 BV 12.000 PV 50 % rule4 5 DIR2.000PV

6.000 PV3 DIR

1.000 PV

NVP 500 BV 6.000 PV 50 % rule4 4 DIR1.500 PV

3.000 PV2 DIR

750 PV

RVP 200 BV 2.400 PV 50 % rule4 3 DIR1.000 PV

1.200 PV2 DIR

500 PV

1 Qualification period: 12 month (annually from January to December)2 OS2L: Volume outside of your 2 strongest lines. 3 OS3L: Volume outside of your 3 strongest lines. 4 PV qualification with 50 % rule: 50 % of the needed team PV must come from outside of your strongest line.

FOUNDER POSITION FULLY-QUALIFIED FOUNDER POOL LINES*

GRCA Crown Ambassador lines 10

RCA Crown Ambassador lines 5

5-STAR CA Ambassador lines 5




1-STAR CA Ambassador line 1

* In order to qualify for the Founder Pool pay-out, leaders from 1-STAR CA to GRCA must have a certain number of fully-qualified Ambassador lines & Crown Ambassador lines (new or re-qualified), that are qualified in minimum Ambassador (for 1-Star – 5-Star Crown Ambassador) / Crown Ambassador (for RCA or GRCA) or higher level, for the current year for the Founder Pool, in addition to the required sales volumes.

For all partners

Pool lines requirements for leaders


PREAMBLEThe „WellStar Founder Pool“ is a voluntary bonus programme, outside of the WellStar Compensation Plan and independent of such recognises the special entrepreneurial achievements of their independent distributors and their special loyalty to WellStar. The WellStar Founder Pool does not form an integral part of the WellStar Compensation Plan. This bonus takes place by WellStar having those distributors, who have qualified for the Founder Pool, become involved in the respective economic success of WellStar by means of shares in this pool. Participation takes place in the form of monetary distributions or non-cash rewards.

POOL STRUCTUREIn the WellStar Founder Pool commission is paid on sales above “PV”. In this, 1 PV corresponds to a turnover of approx. 100 Euro (for detailed information, see WellStar main item list). Approx. 90 Euro gross per PV is taken into account as an assessment basis for the respective participation in the Founder Pool. The Founder Pool is paid out with a minimum net product turnover per production year of at least 500.000 PV (= approx 50 million Euro net) in the area of Europe (plus Russia, Ukraine and Turkey) and 500.000 PV (= approx 50 million Euro net) in the area of Asia. The disbursement is paid in relation to the provision of an entrepreneurial performance (for terms and condition, see pages 17-20 of this brochure or in the Fast Run 2019 incentive overview) by the distributor (50 % „Performance Bonus“) and the full and continuous compliance with specified obligations for a period of five years from the date of the qualification for the Founder Pool by the distributor (50 % „Loyalty Bonus“). In addition, at the time of the respective disbursement, the distributor must be in an ongoing distributor relationship with WellStar and be active as a distributor.

POOL QUALIFICATIONQualification for participation in the Founder Pool is divided into two qualification levels:Pre-qualification period (1st Qualification Level): The distributor must meet the requirements as regulated in the Fast Run 2019 incentive overview and the 2019 Founder Programme brochure and achieve the PV sales volumes as regulated to reach the position within several weeks in a designated Fast Run period. In this way, the guaranteed reservation for a personal place in the WellStar Founder Pool is achieved.Full qualification period (2nd Qualification Level): This period goes over 12 accumulated months (from January to December) during one production year. During this period, the distributor must achieve the sales volumes as regulated in the 2019 Founder Programme brochure in order to be eligible to participate at the Founder Pool. The full qualification, can include the pre-qualification, is the total volume achieved in a current production year in a maximum time of 12 month (from January until December).

POOL RE-QUALIFICATIONIn order that the distributor can retain his/her involvement in the Founder Pool in subsequent years after their first participation in the WellStar Founder Pool, the following conditions must be met: 1. In a year of production, WellStar must generate net PV sales in the amount of at least 500.000 PV (minimum turnover) through the sale of its products. 2. In accordance with the applicable qualification criteria, as regulated in the WellStar Founder Pool contract, the distributor must re-qualify in one production year (from January to December). The BV values and structural requirements (50% rule, OSL, OS2L, OS3L, new Director/President/Ambassador lines) applicable for the re-qualification are the same as those for the full qualification period (12 accumulated months in one production year).

FRAMEWORK CONDITIONSFOUNDER POOL QUALIFICATION 2019


HIGH-VALUE FOUNDER PRICESHigh-value Founder prices, such as attending galas, bags, travel, watches, bracelets, writing utensils, rings, etc. will be recognized at the first quarter of the following WellStar production year, in which following the start of the Founder Pools, WellStar first generates net PV sales in the amount of at least 500.000 PV (minimum turnover) in Europe (plus Russia, Ukraine and Turkey) and 500.000 PV (minimum turnover) in Asia through the sale of its products. Larger benefits, valued at several hundreds of thousands of Euro, such as the Learjet membership bonus, are paid out to the distributor (in 5 equal parts over 5 years, if the qualified Founder position or a higher Founder position is re-qualified every year) in which WellStar, after the start of the Founder Pool, has achieved the above minimum turnover; provided that, during this time, the distributor re-qualifies each WellStar production year at least at the same level as the initial qualification for the Founder Pool and WellStar has generated at least the above minimum turnover in each of these WellStar production years. Otherwise, the payment will be paused and the distributor will receive no further distribution or the instalment until the distributor has again re-qualified for the Founder Pool. If s/he fails to qualify for the Founder Pool at all, no further payment will be made. In the case of the Learjet membership bonus, the “payment” is made in the form of the provision of annual flight quotas over 5 qualification years. These annual flight quotas lapse in the event of non-use. The provision and organisation of the flight quotas is carried out by or via WellStar. Larger benefits, such as an instalment-based cash bonus for a dream house are paid to the distributor as per, and on the basis of, the same preceding criteria, as these apply for benefits valued at several hundreds of thousands of Euro, but in ten equal annual instalments (in 10 equal parts over 10 years, if the qualified Founder position or a higher Founder position is re-qualified every year).

STRUCTURAL REQUIREMENTS30 % OS3L Rule – for GRCAA maximum of 70 % of the required qualification sales may come from your three strongest lines, at least 30 % must come from your rest lines (= from outside your 3 strongest lines), plus your own turnover (PGV).

30 % OS2L Rule – for AMBA - RCAA maximum of 70 % of the required qualification sales may come from your two strongest lines, at least 30 % must come from your rest lines (= from outside your 2 strongest lines), plus your own turnover (PGV).

50 % OSL Rule – for RVP-IVPA maximum of 50 % of the required qualification sales may come from your strongest line, at least 50 % must come from your rest lines (= from outside your strongest lines), plus your own turnover (PGV).

DIRECTOR AND PRESIDENT LINESEach distributor is obliged for the Founder Pool qualification to achieve a certain number of new DIRECTOR lines in the 12-month (annually from January to December) full qualification period (FQ): RVP - IVP: 3-5 new DIRECTOR lines, AMBA - RCA: 3-5 new PRESIDENT lines, GRCA: 2 new AMBASSADOR and 5 new PRESIDENT lines.

WellStar GmbH & Co. KG | Friedrichstraße 95 | 10117 Berlin, Germanywww.wellstar-company.com | [email protected]

01.2019

DisclaimerThis presentation (in this brochure) and any material circulated in relation thereto does not constitute an offer or invitation to purchase WellStar products in order to participate in any compensation plan. The information provided herein may be incomplete, is for informational purposes only and is subject to modification by WellStar GmbH & Co. KG

at any time. All rights are reserved by WellStar GmbH & Co. KG. It is illegal for a promoter or a participant in a trading business to persuade anyone to make a payment by promising benefits from getting others to join a business. Do not be misled by claims that high earnings are easily achieved.

EN

wellstar founder programmewellstar-company.com/wp-content/uploads/2019/01/...exclusive embroidered...

Documents