Employee IBO Agreement

EMPLOYEE IBO AGREEMENT

This Employee IBO Agreement (the Agreement) is entered into as of between Employer Name: and Employee / Independent Business Owner (IBO) Name: . Employer and Employee are each a Party and collectively the Parties.

RECITALS AND DEFINITIONS

Recitals: Employer engages in the sale and distribution of products and/or services through a network of Independent Business Owners (IBOs). Employee desires to serve as an Employee and IBO under the terms and conditions set forth in this Agreement. Capitalized terms used in this Agreement shall have the meanings set forth herein.

PERSONAL INFORMATION

POSITION INFORMATION

Anticipated Start Date:

EMPLOYMENT HISTORY

EDUCATION

Graduation Date:

REFERENCES

LEGAL DISCLOSURES

At-Will Employment: Employee acknowledges that, unless otherwise expressly provided in a separate written agreement signed by an authorized representative of Employer, Employee's employment is at-will and may be terminated by either Party at any time, with or without Cause and with or without notice.

Equal Opportunity: Employer is an equal opportunity employer. Decisions regarding hiring, promotion, compensation and other terms and conditions of employment are made without regard to protected characteristics.

EMPLOYEE IBO SPECIFIC TERMS

Independent Business Owner Status: Employee acknowledges that the IBO role permits the sale of products and services to customers and the recruitment of other IBOs pursuant to Employer's policies. For clarity, Employee's status as an IBO is subject to Employer's IBO program rules; employment status and IBO activities may coexist, and nothing in this Agreement alters Employee's obligation to comply with applicable employment policies, confidentiality obligations, or applicable laws.

Compensation and Commissions: Employee will receive base compensation as set forth above and commissions pursuant to the commission structure. Commissions are earned only when payable under the written commission plan in effect at the time of the sale; Employer reserves the right to adjust commission plans prospectively with notice. All commission calculations are subject to audit and correction.

Expenses: Employer will reimburse reasonable, pre-approved business expenses in accordance with Employer's expense reimbursement policy. Reimbursement requires submission of itemized receipts and approval by the reporting manager.

CONFIDENTIALITY, INTELLECTUAL PROPERTY, RESTRICTIVE COVENANTS

Confidential Information: Employee will not disclose, use, or permit the use of any Confidential Information of Employer except as necessary to perform Employee's duties. Confidential Information includes but is not limited to customer lists, pricing, trade secrets, and compensation plans. This obligation survives termination for a period of two years.

Intellectual Property: Employee agrees that all work product, inventions, and materials made, conceived, or reduced to practice during the term of employment that relate to Employer's business are the exclusive property of Employer and are hereby assigned to Employer to the maximum extent permitted by law.

Non-Solicitation: During the term of employment and for a period of 12 months following termination, Employee will not solicit Employer's customers or solicit for hire any of Employer's employees or active IBOs with whom Employee had direct contact, except with Employer's prior written consent.

TERM, TERMINATION & REMEDIES

Term: This Agreement commences on the Effective Date and continues until terminated in accordance with this section. Termination: Either Party may terminate this Agreement at any time. Employer may terminate for Cause immediately. Termination for Cause includes material breach, gross misconduct, fraud, or material violation of Employer policy. Remedies: Employer's remedies for breach include injunctive relief and damages; Employee will indemnify Employer for losses arising from Employee's breach of confidentiality or IP obligations.

BACKGROUND CHECK & AUTHORIZATIONS

Employee authorizes Employer to obtain and review background information, verify employment history, education, and references, and to perform such background investigations as Employer deems necessary for employment and IBO participation. Employee further authorizes references and prior employers to provide information regarding Employee's prior employment and performance.

DISPUTE RESOLUTION, NOTICE, GOVERNING LAW

Dispute Resolution: Except for injunctive or other equitable relief, the Parties agree to submit disputes arising under this Agreement to binding arbitration administered in accordance with the Parties' selected arbitration rules. Each Party waives any right to trial by jury to the maximum extent permitted by law.

Notices: All notices under this Agreement must be in writing and delivered to the address set forth above or to such other address as a Party may designate in writing.

Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the state specified by Employer when executing this Agreement.

MISCELLANEOUS

Entire Agreement: This Agreement, together with Employer's written policies and the commission plan, constitutes the entire agreement between the Parties and supersedes all prior agreements relating to the subject matter hereof.

Amendment and Severability: Any amendment must be in writing and signed by both Parties. If any provision is held unenforceable, the remainder remains in full force.

APPLICANT CERTIFICATION AND AUTHORIZATION

I certify that all information provided in this Agreement and accompanying documents is true and complete to the best of my knowledge. I understand that falsification, omission, or misrepresentation may result in denial of employment, termination, or other disciplinary measures.

ADDITIONAL EMPLOYMENT INFORMATION

NOTICES

Any notice required under this Agreement shall be in writing and delivered by hand, certified mail, or overnight courier to the addresses set forth in the Personal Information section or to such other address as a Party may designate in writing.

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