| Business Account (BA)
|
A BA is needed for a customer to receive commissions and/or bonuses
from M7D’s Customer Reward Program (CRP), and is placed in accordance with the
Rules & Regulations of the CRP.
|
| Business Center (BC) |
A BC is needed to enable M7D to calculate commissions and/or bonuses within the Fast Start Plan.
|
| Non-Active Business Account |
A BA is considered to be non-active if the customer has not received any
commissions, and does not have any down-line/s attached to her/his genealogy,
after being an M7D member for more than six months. For customers who join M7D
from Feb.12, 2004 onwards, this policy no longer applies.
|
| Customer(s) |
A customer is anyone who has confirmed an order with M7D to buy our
products. Any written agreement with M7D is considered to be an authentic and
binding legal document. A customer agrees to adhere to and abide by M7D ’s
Terms & Conditions.
|
| Customer Reward Program (CRP) |
The CRP comprises the Fast Start Plan and Bonus Plan whereby
commissions and bonuses paid by M7D to a customer are based on the number of
sales referred by that customer to the company.
|
| Direct Reward Commission |
This is the commission paid when the customer presents other
customers/sales to M7D. It is an instant incentive for presenting
customers/sales to M7D.
|
| eCoupons (eC) |
These are generated from the old Travel Incentive and the old Non-Active
Business Account Policy. From February 12, 2004 onwards, eCoupons cease to be
generated.
|
| ecVoucher (ecV) |
An ecVoucher combined with Reward Voucher /or cash can be used to redeem M7D’s products.
|
| M7D |
This is the abbreviation for My7Diamonds International Ltd, and includes all
the company’s service centers around the world.
|
| Puzzle Password |
This is the more popular and common method to login to your Virtual Office to do transactions. |
| Reward Voucher (RV) |
A Reward Voucher is earned in accordance with the Rules and Regulations
governing the CRP. This voucher is strictly for the redemption of M7D products. |
| Smart Card |
A device that enables customers to have access to the M7D system to make
transactions. The smart card set( smartcard + reader ) is available for
US$40.00. |
| Sparkle Team Status (STS) |
Sparkle Team Status is achieved by a customer upon achieving total to date income of US$100,000.00.
|
| The Company |
“The Company” refers to M7D.
|
| The Management |
This group includes M7D directors, managers, employees and
consultants who are officially involved in the company’s day-to-day operations. |
| The Products(s) |
The products refer to the diamonds promoted, marketed and supplied by M7D as
described in the company’s website. |
