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Basic Information

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MEMBER BENEFITS CENTRAL, LLC. AND INDEPENDENT BUSINESS ORGANIZATION “IBO” AGREEMENT

This IBO agreement is entered between Member Benefits Central, LLC ("Company") and Independent Business Organization also know and IBO

In consideration of the promises and agreements contained herein, the parties agree as follows:


  1. 1. Engagement. Subject to the terms and conditions set forth in this Agreement, the Company hereby engages the IBO to perform services for the Company as set forth herein, and the IBO hereby accepts such engagement.

  2. 2. Term. This Agreement shall commence today’s date and shall continue for a period of one year at which time the IBO shall have the option to renew the Agreement upon approval by the Company.

  3. 3. Services to Be Performed. The IBO agrees to perform the services described in Exhibit A, which is attached hereto.

  4. 4. Performance of Tasks. The Independ IBO shall have control and discretion over the means and manner of performance of the services in achieving the result of the work to be performed. The IBO shall supply all necessary equipment, materials and supplies and shall not rely on the equipment or offices of the Company for completion of the services to be performed pursuant to this Agreement. The Company retains the right to inspect, stop, or alter the work of the IBO to assure its conformity with this Agreement.

  5. 5. Time Requirements. The In IBO will not be required to follow or establish a regular or daily work schedule, but shall devote during the term of this Agreement the time, energy and skill as necessary to perform the services of this engagement and shall, periodically or at any time upon the request of the Company, submit information as to the amount of time worked and scope of work performed.

  6. 6. Compensation. For services performed pursuant to this Agreement, the Company agrees to pay the IBO as described in Exhibit A, which is attached hereto, to be paid on a monthly basis for vendors that pay the Company monthly and on a quarterly basis for those vendors that pay the Company quarterly. Federal, state, and local income tax and payroll tax of any kind shall not be withheld or paid by the Company on behalf of the IBO. The parties agree that the Company will not obtain any workers' compensation coverage that covers the IBO, and further agree that in no event shall any workers' compensation insurance benefits be paid to IBO by Company. The IBO understands that he or she is responsible to pay, according to law, the IBO's income and other employment taxes and understands that he or she may be liable for self-employment taxes (Social Security and Medicare) to be paid by the IBO according to law. In addition, the Company shall not be liable to the IBO for any expenses paid or incurred by the IBO unless otherwise agreed to in writing.

  7. 7. Right to Benefits. The IBO expressly acknowledges and agrees that the IBO is not an employee of the Company, and as such is not entitled to and will have no claim to Company benefits provided to employees, including but not limited to, health benefits, vacation and sick leave benefits, or profit sharing or pension plans (such as 401(k) plans), shares or bonuses.

  8. 8. IBO Status. This Agreement does not constitute a hiring by either party. Under this Agreement, the IBO shall have an independent contractor status and shall not be an employee for any purpose, including but not limited to, the application of the Federal Insurance Contribution Act, the Social Security Act, the Federal Unemployment Tax Act, the provisions of the Internal Revenue Code, any state revenue and taxation code relating to income tax withholding at the source of income, workers' compensation, and other benefit payments and third party liability claims. To the extent applicable, the IBO shall procure sufficient insurance to cover general liability, personal injury, and property damage. This Agreement shall not be considered or construed to be a partnership or joint venture, and the Company shall not be liable for any obligations incurred by the IBO unless specifically authorized in writing. The IBO shall act solely as an independent contractor and not as an employee or an agent of the Company. The IBO is not authorized to enter into contracts or agreements on behalf of the Company or to otherwise bind the Company in any manner or create obligations of the Company to third parties.

  9. 9. Professional Responsibility. Nothing in this Agreement shall be construed to interfere with or otherwise affect the rendering of services by the IBO in accordance with his or her independent and professional judgment. The IBO shall perform the services in a good and workmanlike manner and in accordance with generally accepted industry practices.

  10. 10. Marketing and Promoting of the Company. The Company will not tolerate spam emailing campaigns and certain marketing activities that may be harmful to its reputation. Outside marketing activities are welcome, however the IBO will be expected to use proper judgement before engaging with the marketing plan of their choice. The IBO will be required to present their marketing plan to the executive group prior to launching their campaign.

  11. 11. Conflicts of Interest. The IBO shall not act as an agent for, consultant to, or as an officer, employee, or other representative of any subcontractor or supplier to the Company. The IBO shall not serve in any of the foregoing capacities for any of the Company's competitors or prospective competitors, without giving prior written notification to the Company. The IBO hereby warrants that there is no conflict of interest between the IBO's other employment, if any, or other contracts, if any, and the activities to be performed hereunder. The IBO shall advise the Company if a conflict of interest arises in the future.

  12. 12. Work Made for Hire. The IBO agrees that the services to be performed pursuant to this Agreement, including all tasks, duties, results, inventions and intellectual property developed or performed pursuant to this Agreement, are considered "work made for hire" as defined in 17 U.S.C. Section 101, and that any such work is by virtue of this Agreement assigned to the Company and shall be the sole property of Company for all purposes, including, but not limited to, copyright, trademark, service mark, patent, and trade secret laws. In the event that any work created by the IBO does not qualify as a work made for hire, the IBO agrees to assign his or her right in the work to the Company. The IBO agrees to execute any and all documents prepared by the Company and to do all other lawful acts as may be required by the Company to establish, document, and protect such rights.

  13. 13. Termination. This Agreement may be terminated prior to the completion or achievement of the services to be performed by either party giving 14 days' written notice. Upon the termination of this Agreement it is understood that that the relationship between the parties has ended and the Company shall not be liable for, nor shall the IBO be liable to perform, any services or expenses incurred after the receipt of notice of termination. Such termination shall not prejudice any other remedy to which the terminating party may be entitled, either by law, in equity, or under this Agreement.

  14. 14. Indemnification and Hold Harmless. The IBO agrees to indemnify and hold harmless the Company from any and all claims by the IBO, which may arise out of and in the course of the performance of his or her duties hereunder. This section shall not affect any other remedies either party may have under this Agreement. The IBO expressly waives any and all claims for unemployment benefits and/or workers' compensation benefits, and shall maintain same as necessary in connection with the performance of services required by the Company.

  15. 15. Confidentiality/Non-Disclosure. The IBO agrees not to disclose or communicate, in any manner, either during or after the term of this Agreement, any proprietary information about the Company, including but not limited to, the names of its customers, marketing strategies, operations, or any other information of any kind which would be deemed confidential, a trade secret, a customer list, or other form of proprietary information of the Company. The IBO understands that any breach of this provision, or that of any other Confidentiality and Non-Disclosure Agreement, is a material breach of this Agreement. Upon termination or expiration of this Agreement, the IBO shall deliver all records, data, information, and other documents produced or acquired during the performance of this Agreement and all copies thereof to the Company. Such material shall remain the property of the Company.

  16. 16. Non-Solicitation. The IBO shall not, during the term of this Agreement and for a period of one year immediately following termination of this Agreement, either directly or indirectly, call on, solicit, or take away, or attempt to call on, solicit, or take away, any of the customers or clients of the Company on whom IBO called or became acquainted with during the term of this Agreement, either for his or her own benefit, or for the benefit of any other person, firm, corporation or organization.

  17. 17. Entire Agreement. This Agreement constitutes the entire agreement between the parties and supersedes any and all other agreements, either oral or in writing, between the parties, except for any separately signed Confidentiality, Trade Secret, Non-Compete or Non-Disclosure Agreements to the extent that these terms are not in conflict with those set forth therein.

  18. 18. Severability. If any term of this Agreement is invalid or unenforceable under any statute, regulation, ordinance or other rule of law, such term will be deemed reformed or deleted and the remaining provisions will remain in full force and effect.

  19. 19. Governing Law and Jurisdiction. This Agreement shall be governed by, and construed under, the laws of the State of Illinois. Jurisdiction and venue for all purposes shall be in the County of Will, State of Illinois.

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed as of today’s date.

Independent Business Organization (AKA) IBO / Agent

Exhibit A
Service and Compensation Agreement

This document describes the agreement between Member Benefits Central, LLC (also known as MBC) and the agent / Independent Business Organization (IBO), regarding terms related to services and compensation. The Company and IBO enter into this agreement whereby the IBO provides services to the Company in return for compensation specified in this agreement.

Services to Be Performed

The IBO agrees to perform the following services set forth by MBC in order to be compensated by commissions given.

Lead Generation - IBO will provide qualified leads to MBC

  • Book of business
  • Door to Door
  • Online
  • Social media
  • Referral programs etc.

Duration

This agreement covers the period starting from today’s date and ends one year from today’s date.

All commissions will be calculated and paid once every month, for the preceding month following the receipt of commission by MBC from the service providers. Commissions will be calculated and paid out as part of the next payroll cycle, following the month for which commissions are calculated. Although majority of our vender partners pay monthly, some partners such as Office Depot will pay quarterly. You will also expect to receive such quarterly commissions as we receive payments from companies such as Office Depot.

IBO Business Administration Yearly

IBO nonrefundable administration yearly fee is: $199.

IBO program inludes:

  • IBO MBC website with personal contact information: phone number and email address
  • MBC Back Office Access
  • MBC Product knowledge and training
  • MBC marketing collateral access

Commissions on Memberhealth247

IBO receives 15% on direct sales

IBO receives and additional 2.5% on tier 1 IBOs signed directly under IBO

Additional Commissions

Closed Business Leads – IBO shall receive 15% from MBC’s net revenue on closed deals that are generating revenue and are provided directly by an MBC registered IBO for the life of that account.

Tier 1 referral IBOs – IBO will also receive 5% on closed Business Leads from MBC’s revenue

Termination of Contract

On voluntary or involuntary termination of the IBO’s contract with the company, commissions will be paid on transactions dated prior to the termination date only. Any amounts owed to the IBO will be according to employment regulations.

Other Terms

  1. 1. IBO agrees to follow all Federal and Local laws while engaged in providing services to the Company during the period of this agreement.
  2. 2. IBO shall use the most ethical practices while engaging in any sales activity.
  3. 3. IBO agrees to protect all confidential material including prospect data, sales data, and client information belonging to the Company and shall take all reasonable care in making sure that such confidential material is not disbursed to anyone outside the company.
  4. 4. This entire agreement shall be governed by the laws of the State of Illinois.

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed as of today’s date.


Independent Business Organization (AKA) IBO / Agent


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