| Business Account (BA) |
A BA is needed for a customer to receive commissions and/or bonuses from Mega Holdings’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 Mega Holdings 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 Mega Holdings member for more than six months. For customers who join Mega Holdings from Feb.12, 2004 onwards, this policy no longer applies. |
| Customer(s) |
A customer is anyone who has confirmed an order with Mega Holdings to buy our products. Any written agreement with Mega Holdings is considered to be an authentic and binding legal document. A customer agrees to adhere to and abide by Mega Holdings ’s Terms & Conditions. |
| Customer Reward Program (CRP) |
The CRP comprises the Fast Start Plan and Direct Reward whereby commissions paid by Mega Holdings 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 Mega Holdings. It is an instant incentive for presenting customers/sales to Mega Holdings. |
| 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. |
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| Puzzle Password |
This is the more popular and common method to login to your Virtual Office to do transactions. |
| Product Voucher(PV) |
A Product Voucher(PV) is earned in accordance with the Rules and Regulations governing the CRP. This voucher is strictly for the redemption of Mega Holdings products. |
| Smart Card |
A device that enables customers to have access to the Mega Holdings 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 Mega Holdings. |
| The Management |
This group includes Mega Holdings 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 items contained in the Product Catalogs promoted, marketed and supplied by Mega Holdings as described in the company’s website. |
