Friday, August 20, 2010

Terms


Registration
   Tycoons Empire International Limited welcomes New Entrants sponsored only through existing Tycoons Empire International Limited MALL Members.

  Tycoons Empire International Limited accept the payments only as Demand Draft(DD) drawn in the name of ‘Tycoons Empire International Limited’ payable at Chennai or can pay cash to our authorized stockiest ( share points) who have the authenticated certificates from our admin and get prepaid pin to do the signup. If the payment is made in any other form, then Tycoons Empire International Limited is not responsible for any mishappenings.

  The corporate has a policy for new entrant registration. One Family can take ONE ENTRIE in the corporate referral plan. Each registrant should submit their pan Card Xerox or family ration card or a letter from the VAO stating the list of the family members. Based on this document only, the entry will be validated.

  All our members should submit their PAN Card details at the time of the registration. If any of the new entrants doesn’t have PAN Card then they should submit a new application form to the corporate for obtaining new PAN Card. The payments will be released to the members only if PAN Card number is provided and if it is not provided the PAN Card details.

  The placement of details of any new entrant will be validated based on the information received from the sponsor member only. Any dispute regarding will not entertained by the corporate. The sponsor’s word is final.

  When the registration is completed in all respects and the membership is validated by the admin the new member will be in our active member database for the next 36 months which is the agreement period for obtaining dividend from the preferential allotment of projects or rebates distributed for the purchase of products from TYCOON MALL.
 
Income Details
   Tycoons Empire International Limited provides three types incomes to their members. They are Monthly Benefits, Direct referral Commission, and Binary Commission.
Monthly Benefits For Members:
 
 
  1. Monthly Benefits as Loyalty Points are purely based on products purchased through TYCOON MALL.
  2. Tycoons Empire International Limited assures the members a monthly issuance of Loyalty Points of 10% for their allotted P.V through the product purchase in TYCOON MALL, when the member satisfies the corporate’s rules and regulations.
  3. Monthly Issuance will be paid up to the end of their agreement period. If he/she is doing top-up in their account during the agreement period, they receive monthly issuance for their top up amounts also till the agreement period only.
  4. The membership holds good with the corporate for the agreement period of 36 months and the membership perishes at the end of the agreement period.
Direct Referral Spot Incentive:
 
 
  1. Tycoons Empire International Limited give their members a DRSI - Direct Referral Spot Incentive @ 10% on the allotted P.V at the time of the top up done by the members, when they directly introduce new entrants.
  2. The DRSI will be added to the member’s e-wallet account and will be released during the fortnight payment release.
Binary Referral Incentive:
 
  1. Binary Referral Incentive is based on tree of growth of every individual member.
  2. Binary Referral Incentive is calculated from their accumulation of Point Values (P.V)). 1 P.V = Rs. 1.00
  3. Tree structure is of Binary type with left and right nodes.
  4. PV value is calculated from the node’s business amount.
  5. Every new entrant in the left and right nodes will be accumulated and calculation will be done every week by taking 20 lac P.V matching on either node with 2 lac P.V as the income capping limit @ 10% for that week. If accumulation is more than 20 lac P.V then the excess P.V will be flushed out as to the matching P.V accumulated in the weak side.
  6. For calculation of binary incentives, 1st set should be 1:2 or 2:1 Pair PV match and further pairs will get matched P.V
  7. His/ Her unmatched Point value is carry forward to next payout.
  8. Income Capping Limit for the binary incentive is 2 lac P.V every week and the incentive will be accumulated for every 15 days and will be released once a fortnight.
  9. The minimum income release will be 1,000 P.V
Loyalty Points Issuance:
This Loyalty Points will be issued to the members based on their entry date for the next 36 months with a portion as Direct Referral Issuance on MI for the direct sponsors.

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