Consultant Agreement

As a consultant, you are appointed by the company FitBoost Labs, LLC to operate as a non-exclusive dealer to sell FitBoost Labs, LLC products & services within the territory agreed upon by both parties. 
This agreement will commence on the effective date in which the consultant completes AND submits the New Consultant Registration Form. 
.
Intellectual Property
  • Consultant acknowledges that all intellectual property including trademarks and copyrights related to the products & services are owned by FitBoost Labs, LLC.
  • Consultant agrees not to use FitBoost Labs, LLC intellectual property without prior written consent. 

Confidentiality

  • Both parties agree to keep confidential all proprietary and confidential information obtained during the term of this agreement.

Term and Termination

  • Either party may terminate this agreement immediately for a material breach by the other party.

Term of Sale

  • Consultant agrees to purchase the product/service from FitBoost Labs, LLC at the agreed-upon wholesale prices.
  • Consultant is responsible for all costs associated with the retail sales including shipping, taxes, and any other applicable charges. 
  • Consutant is responsible for all income taxes associated with the sale of dealer's products & services.
  • Company will provide consultant with form 1099-NEC

Marketing and Promotion

  • Consultant is responsible for marketing and promoting the products & services in the agreed-upon territory.
  • FitBoost Labs, LLC my provide marketing materials. As well as service/sales support and company guidelines at its discretion. 

Ordering and Delivery

  • Consultant will submit orders to FitBoost Labs, LLC in writing.
  • FitBoost Labs, LLC will use reasonable efforts to fulfill orders promptly. 

Compensation

  • Consultant can earn up to 25% on personal retail sales.
  • Consultant can also earn additional residual commissions on sales of their downline sales.
  • Residual commissions are 5% of wholesale volume of all level 1, level 2, and level 3 sales. All residual commissions are calculated on a wholesale volume cost. 
  • Consultant must have monthly personal sales of $500 in retail sales volume AND $400 wholesale volume to qualify for residual commissions at any level. This does not apply to the consultant's personal retail sales as there is no minimum threshold to begin earning. 
  • If consultant chooses at their discretion to discount any product/service from the listed retail price, the discounted amount will be adjusted from the consultant's payout balance. This adjustment will reflect on the following payout from which the sale was made. If the consultant discounts a product/service to the point in which a finalized sale amount is less than the wholesale price of the product/service, the consultant will absorb that amount as their own personal loss. FitBoost Labs, LLC is not responsible for recovering losses in this scenario. 
  • Consultant must have a yearly 10% increase in personal wholesale sales volume each year to continue receiving residual commissions. 
  • Consultant will pay a $30.00 administrative fee each year. This fee will be deducted from the first commission bonus of the new rolling year from the original registration/approval date unless an authorized FitBoost Labs, LLC staff member AND the consultant agree otherwise. 

Governing Law

  • This agreement shall be governed by and construed in accordance with the laws of the state of Oregon.

 

**This agreement may be modified at any point in the future**