EEU Scanner PILOT leasing program

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Presentation transcript:

EEU Scanner PILOT leasing program Between 01 March and 31 December 2017

Scanner Agreement The BioPhotonic Scanner is patented and is owned by Pharmanex. The Scanner can only be leased to Nu Skin independent Distributors. The Scanner Agreement contains all terms and conditions for leasing a Scanner. It is important to carefully read and understand it.

Termination: Anytime with 30 days prior written notice. Conditions Initial Term: 36 months. Renewed Term: 1 year following the Initial Term. Automatically Renewed. Termination: Anytime with 30 days prior written notice. To be valid, complete the necessary fields on the Agreement in capital letter, initiate each page and sign it. Return the Agreement by email or post depending on your country’s regulation. You can only lease a Scanner in EMEA if you are registered as a Nu Skin independent Distributor in one of the EMEA open countries for Scanner.

The Scanner is not a medical device You are not allowed to: Claim that the Scanner can diagnose, prevent, mitigate, treat or cure a disease or illness. Represent that the equipment or related software is a medical device, medical equipment, or diagnostic device or tool. Use the equipment or related software for medical diagnostic purposes or use the equipment or related software in a medical clinic or office, even if you are a medical doctor or medical professional.

Scanner endorsement via doctors and professors As the Scanner is not a medical device, this is not recommended. For credible information to share with your customers, refer them to our printed material, web site, testimonials and the information in this presentation. Remember, always focus on the right target: People who are 18+. With an open mindset towards supplementation and a healthy dietary lifestyle. Consumers and not professionals.

Present the Scanner as: a measuring tool for use in determining a person’s current level of skin carotenoids. a help to determine whether an adequate amount of carotenoids is consumed. a source of motivation to apply a healthy dietary lifestyle.

The minimum monthly maintenance requirements are: Maintenance – section 2.5 You need to meet minimum activity on the Scanner every month in order to continue leasing it. The minimum monthly maintenance requirements are: 10 monthly (initial or recurring) ADRs which can be either initial or recurring ones in any combination Or 3,000 GSV per month Pull Back: Not meeting these requirements will result in the deactivation of your Scanner and the termination of your lease.

Sublease You may permit other Distributors to use and operate your Scanner provided that: You first provide such Distributors with the Scanner Certification Training. You remain liable for all of its obligations under the Scanner Agreement. You insure that Distributors do not permit any other person, firm or corporation to use the Scanner. The Scanner Customer Service only assists the Lease Holder and not the other Scanner users.

Scanner payments What How much Frequency When How Deposit €250 One time and refundable upon lease termination When you send back the Agreement signed Nu Skin automatically collects all payments on the account of your credit card whose number is reported on Schedule A of your Agreement Shipping fee €50 + VAT One time When you send back the Agreement signed or just before the delivery of your Scanner Rental payment €79 + VAT Monthly 07th of each month except the month when you receive your Scanner Loss and Damage waiver €15 + VAT

“Lease your Scanner for free*” Free Programme “Lease your Scanner for free*” Make 10 monthly (initial or recurring) ADRs which can be either initial or recurring ones in any combination or 5,000 GSV per month =100% discount on your rental payment Or Make 3,000 GSV per month = 50% discount on your rental payment This incentive does not apply for the monthly loss and damage waiver which should be paid every month.* You can start qualifying for the Free Programme only from the month following the delivery of your Scanner. * Remains a business incentive that can be removed at any time. Is not part of the Scanner Agreement.

Example 1 JUNE JULY AUGUST Situation You sent back the Scanner Agreement signed, the deposit and shipping fees are cleared and you received your Scanner You have been trained on the Scanner and you started working with it You continue working with your Scanner Performance You cannot qualify for the Free Programme this month Minimum 5 ADRs or 5,000 GSV Free Programme met Payments €250 deposit €50 + VAT shipping fee €79 + VAT rental payment €15 + VAT loss and damage waiver Paid on 07 July €0 rental payment Paid on 07 August

Example 2 JUNE JULY AUGUST Situation You sent back the Scanner Agreement signed, the deposit and shipping fees are cleared and you received your Scanner You started working with your Scanner You continue working with your Scanner Performance You cannot qualify for the Free Programme this month 3 ADRs and 2,000 GSV Free Programme not met Payments €250 deposit €50 + VAT shipping fee €79 + VAT rental payment €15 + VAT loss and damage waiver Paid on 07 July Paid on 07 August

Scanner deactivation Declined rental and loss & damage waiver payments result in Scanner deactivation on the 25th of the month of payment default. Between the 07 and the 25 of the month, check your emails and voicemail messages from your Scanner support to avoid the deactivation of your Scanner. Deactivated Scanners lead to lease termination if payment is not cleared upon deactivation. Remaining declined payments lead to a Sales on Hold (SOH) placed on your account.

Loss & Damage waiver The principle of the waiver is in case of repair (in case of damage) or replacement (in case of loss or theft) of the iPad and/or Scanner, you are asked to compensate Nu Skin only for a maximum amount. Nu Skin will pay the difference of the total cost of the repair or replacement. Paying the monthly Loss & Damage waiver does not exempt you from paying the maximum amount of the compensation.

You do not pay any rental payments for the month of the return Lease termination Should you wish to terminate your Scanner Agreement and return your Scanner, keep in mind these timelines: You do not pay any rental payments for the month of the return Ship your Scanner back 01 of the month Contact your local support & send back your Lease Termination form 15 of the month Your Scanner is back in Nu Skin warehouse

You pay rental payments for the month of the return Lease termination Should you wish to terminate your Scanner Agreement and return your Scanner, keep in mind these timelines: Scanner is shipped back 01 of the month Contact your local support & send back your Lease Termination form 15 of the month 30 of the month Scanner is back in Nu Skin warehouse You pay rental payments for the month of the return

Lease termination Nu Skin considers your lease termination as effective as soon as your Scanner is returned to Nu Skin, not when your Lease Termination form is sent back. The equipment shall be properly packaged and fully insured at your expense in the same operating order, condition, and appearance as on the date you received it.

THANK YOU