M Points Module Of Mfadirect
This document describes the M Points offer of MFA Direct along with the various terms and conditions attached to it. Please go through the entire document in detail to understand the same. M Points generation, redemption and expiry will be in compliance with this document.
1. Definitions :-
M Points: The Company will come out with offers which will generate points in the M Points wallet of the person purchasing the offer. These points can be used to claim discounts on future purchases of products of MFA Direct or various offers which the Company may come out from time to time. A few offers may generate points for the seller of the offer as well which once credited to the M Points wallet of the seller can be used as detailed herein. The Company reserves the right to reduce the M Points available in the wallet if the distributor does not utilize the same in terms of this document or does not comply with the terms set forth in this document. M Points cannot be converted into cash under any circumstances and can only be used as described in this document. The company reserves the right to stop issuing M Points at any time.
M Points wallet: An online ledger of points generated by purchasing or selling the various M Points offers of the Company. This online ledger will display the available balance and will track the generation of M Points and their redemption.
2. M Points Generation :- M Points can be generated only by a distributor enrolled with MFA Direct. The M Points can be generated by the ways mentioned hereinunder :
- Purchasing products of the Company : The Company can come out with M Points on the various products of the Company. The Company can offer M Points either on individual products or on combination of products (also known as offers or combos) as the Company may deem fit.
- Selling products of the Company : In some cases, the Company might offer M Points for selling products or offers of the Company.
3. M Points redemption :- The M Points available in the wallet of a distributor can be used in the following ways :
- Purchasing products of the Company : When you purchase products of the Company after generation of M Points, you will be given an option to pay a certain percentage of the payment for the products with the M Points. The Company reserves the right to allow or disallow redemption on a particular product/s or offer/s. The Company also reserves the right to allow variable redemption percentage on different product/s or offer/s.
- Selling products of the Company : In certain cases, the Company may allow redemption of M Points against sales of products by the distributors. The Company reserves the right to allow or disallow such redemption on the product/s or offer/s chosen by the Company.
IN NO CASE WHATSOEVER M POINTS CAN BE CONVERTED TO CASH. MPOINTS CANNOT BE TRANSFERRED OR ASSIGNED UNDER ANY CIRCUMSTANCES.
4. M Points expiry :- The Company reserves the right to expire the points available in the M Points wallet of the Distributor if the Distributor does not utilize the same or does not comply with the terms and conditions of this M Points offer. In case a distributor is terminated or resigns, his M Points wallet will be immediately expired and all the points so generated will be reverted back to the Company.
5. Current Offers, M Points, redemption rates and expiry conditions :- The Company will keep updating ANNEXURE A of this document with offers, products on which M Points are available, the redemption rates and product/s or offer/s on which redemption is available and to whom and also the expiry process. The distributors are advised to check ANNEXURE A for the latest communication by the Company in this regard.
OTHER TERMS AND CONDITIONS
- M Points can be generated only by a distributor enrolled with MFA Direct.
- The Distributor(s) who are residents (permanent/temporary) of any state/union territory within the territory of India, wherever such Offer is prohibited by applicable law shall not be entitled to participate in this Offer.
- Subject to any applicable laws; (a) All warranties of any kind whatsoever, whether express or implied, are hereby expressly DISCLAIMED including, but not limited to, meeting of the Distributor(s)’s requirements or aspirations, timeliness, security, the results or reliability of the Offer, delay in sending or receiving the M Points. The Distributor(s) expressly agrees that his/her participation in the Offer is at his/her sole risk and is governed by the Terms & Conditions herein.
- The M Points under this Offer are neither assignable nor transferable under any circumstance, unless specifically provided hereunder. All the M Points shall be subject to such other Terms & Conditions as may be applicable and shall have to be duly complied with/ by the distributor(s).
- Any Distributor(s) providing any incorrect information or concealing/withholding any information from the company with intent to participate in this Offer will automatically be disqualified from participating in it such act of providing incorrect information or concealing/withholding any information, including without limitation incorrect declaration of information relating to name, age, identity, address, mobile connection of Operator number, domicile etc., shall entitle the company to disqualify him/her without any further intimation. The company further reserves its right to take appropriate legal action against any Customer(s) involved in illegal/unauthorized activity.
- This Offer is subject to force majeure circumstances including without limitation, floods, natural disasters, war, act of terror, political unrests, technical snags, act of God, change of laws or any circumstance beyond the reasonable control of company(“Force Majeure Event”).
- This Offer is designed/sourced by company, as per its best of efforts. In case there is any discrepancy or dispute regarding the Offer, the decision of the company shall be final and neither company nor any third party shall have any liability towards any distributor(s).
- The company reserves the right to extend, cancel, discontinue, prematurely withdraw, change, alter or modify this Offer or any part thereof including the eligibility criteria, the Terms & Conditions and prize/M Points at their sole discretion at any time during its validity as may be required including in view of business exigencies and/or changes by a regulatory authority and/or statutory changes and/or any reasons beyond their control and the same shall be binding on the distributor(s).
- Any dispute arising out of this Offer’s Terms & Conditions shall first be attempted to be resolved amicably through negotiations. In the event, amicable settlement fails, the dispute shall be referred to Mediation. The venue of Mediation shall be at Delhi only.
ANNEXURE A – APPLICABLE FROM 18TH JANUARY 2019
A. M POINTS GENERATION OFFERS
|OFFER TYPE||OFFER||M POINTS|
|First Invoice M Points Offer||Buy CMD worth 3000 PV||Total amount of DP of CMD purchased will be credited as M Points to the wallet|
|First Invoice M Points Offer||Buy CMD worth 4000 PV||Total amount of DP of CMD purchased will be credited as M Points to the wallet|
|First Invoice M Points Offer||Buy CMD worth 5000 PV||Total amount of DP of CMD purchased will be credited as M Points to the wallet|
|Direct Sales offer for new distributors i.e. people who have joined under M Points offer||Out of your total sponsors, if any 2 direct partners buy the First Invoice offer as above, you get M Points. These 2 direct partners should do the purchasing within 15 days from the date of your first invoice.||The average purchase value of the specified direct partners will be credited to your M Points wallet as soon as the 2nd Direct partner purchases the offer.|
|Direct Sales offer for old distributors i.e. people who have joined before the M Points offer became applicable||ponsor 2 new people who buy the First Invoice Offer as above, you will generate M Points. These 2 direct partners should do the purchasing before 28th February 2019.||The average purchase value of the specified direct partners will be credited to your M Points wallet as soon as the 2nd Direct partner purchases the offer.|
|New Year Cash Back Points Bonanza||All distributors who are enrolled with MFA Direct and have purchased any product of MFA Direct at least once.||6798 M points will be auto-generated in your M Points wallet. If you fail to redeem ANY M Points within 60 days of their generation i.e. by 15th March 2019, the M Points so generated will be forfeited by the Company.|
PLEASE NOTE : The M Points generation on purchasing by your direct partners is valid only for 2 direct partners. If any more direct partners purchases the first invoice M Points offers, the same will not be valid for M Points generation to the sponsor.
B. M POINTS REDEMPTION
|TERMS OF REDEMPTION||REDEMPTION PERCENTAGE|
|For New Distributors i.e. who have joined after 18th January 2019 – When you introduce a direct who purchases any First Invoice M Points offer||10% of the total invoice value at Distributor Price can be paid using M Points wallet of the sponsor distributor.|
|For New Distributors i.e. who have joined after 18th January 2019 – When you purchase products worth 2000 PV in one invoice from your second invoice onwards||5% of the total invoice value at Distributor Price can be paid using M Points wallet|
|For Old Distributors i.e. who have joined and activated before 18th January 2019 – When you introduce a direct who purchases any First Invoice M Points offer||10% of the total invoice value at Distributor Price can be paid using M Points wallet of the sponsor distributor.|
|For Old Distributors i.e. who have joined and activated before 18th January 2019 – When you purchase products worth 2000 PV in one invoice||5% of the total invoice value at Distributor Price can be paid using M Points wallet|
C. M POINTS EXPIRY CONDITIONS:-
M Points generated will expire if not utilized as above or as per the terms and conditions given below :
- New Year M Points Bonanza : If a distributor who receives this M Points bonanza fails to redeem ANY M Points by 15th March 2019, all the M Points given will be forfeited by the Company. In case he utilizes some M Points by 15th March 2019, the balance cash back points will not be forfeited but will expire as per the terms mentioned below for other M Points.
- Other M Points : M Points generated on purchase of the First Invoice M Points offer or by introducing 2 directs will expire @ 10% per month if the following conditions are not met :
- The Distributor does not redeem ANY M Points in that particular month i.e. he/she neither purchases products worth 2000 PV nor does he/she introduces a direct partner who purchases the First Invoice M Points offer OR
- The Distributor does not purchase products worth 1000 PV in that month.