Company Policy

a) Global Victors (GV) is a Nepal-based company that produces and markets exclusive health and beauty products under brands like GVEDA Skin Science, GVEDA Wellness, MR. MARQMAN, and FH. We empower independent Global Victors Business Owners (GBOs) to use and retail our high-quality products, offering a supportive environment, excellent products, and a competitive marketing plan. With no large investment required and a generous buy-back policy, we provide equal opportunities for success. While currently based in Nepal, we aim to expand globally in the coming year.

b)Global Victors Pvt. Ltd. is a registered company in Kathmandu, Nepal. It will distribute products directly or through authorized distributors, while all other functions, including bonus distribution, will be managed by the company.

2. a) Our company does not guarantee financial success for GBOs without effort or relying on others. Earnings in GV depend on product sales, and each GBO is an independent contractor, with success based on personal effort.

b)Global Victors (GV) has a strong history of success. The main goal of the GV Marketing Plan is to promote the sale and use of high-quality products. GBOs are responsible for directly selling these products and building a sales team.

c) Every GBO, regardless of their position in the GV Marketing Plan, should aim to sell products each month and keep track of their sales, including product details, prices, taxes, and quantities, in compliance with applicable laws.

d) A successful GBO stays informed by attending training meetings, retaining personal retail customers, and recruiting other GBOs to sell to retail customers.

e) For any questions or clarifications, contact your sponsor or upline Superiors. If unresolved, reach out to customer care at contact@globalvictor.com.

f) Company policies and the Code of Professional Conduct set guidelines for ethical sales and marketing. These policies are reviewed and updated periodically. Any changes will be posted on the Global Victors website at www.globalvictor.com and will take effect immediately.

Accredited Sales: Sales activity based on the Business Volume (BV) from orders placed through the Company’s Designated Distributor.

Active GBO: A GBO achieving at least 48k BV in a month, with a minimum of 5k from personal sales.

Definitions:

Business Volume (BV): Turnover (excluding taxes) used to calculate total sales.
Bonus Recap Price (BRP): Price (excluding taxes) and price adjustments done by company used to calculate bonuses.
Bonus: Payment from GV to a Wholesale Qualified GBO.

Bonus Types:

Volume Bonus (VB): Payment of 2% to 16% of the BRP to a qualifying GBO based on downline sales, excluding Active downline Superiors.
Leadership Bonus (LB): Payment of 2% to 5% of the BRP to Active Superiors based on downline Superiors’ sales.

Turnover: Total revenue from sales activities, used to determine advancements, bonuses, and incentives.

Turnover Types:

Active Turnover: Personal turnover plus Preferred Customer and downline BV; up to the first 1000 BV from personally-sponsored Preferred Customers counts toward Active status.
Royalty Turnover: For Active RB Qualified Superiors, calculated at 40%, 20%, and 10% of the BV from their first three RB Qualified Superior generations.
Preferred Customer Turnover: BV from purchases by a personally-sponsored Preferred Customer and their downlines, until the customer reaches Assistant Manager level.
Non-Superior Turnover: BV from a downline GBO not under a Superior.
Pass-Through BV: BV from an inactive Superior’s downline, not counted for incentives but included in the Superior’s Total BV.
Personal BV: BV from the GBO’s own sales.
Total BV: Sum of all types of BV for a GBO.
New BV: BV from a Superior’s personally-sponsored customers/GBO lines for 12 months after sponsorship or until they reach Superior level.

Cooling-off Period: The "cooling-off period" is defined as a specific timeframe allowing a Preferred Customer/GBO to cancel their participation agreement in the direct selling business without breaching the contract or incurring penalties. Cooling-off period spans 30 days from the date of joining. Within this period, a Preferred Customer/GBO has the right to repudiate their agreement with the company.

During the cooling-off period, the Preferred Customer/GBO can return any resalable and usable product in good condition and receive a refund in compliance with the Company's Buy-Back Policy. The law permits buyers to return purchased products within 30 days of the purchase, with the company deducting applicable taxes and service charges before refunding the money.

EB SUPERIOR - A GBO who is qualified to receive the annual ELITE CLUB Bonus.

EB Lines - a count of EB Superiors in an GBO’s sponsorship lines that he/she can use towards qualifying for the Elite Club Bonus

Downline - All GBOs sponsored under an GBO, regardless of how many generations down.

Co commerce: "Cocommerce" refers to the marketing, distribution, and sale of goods or provision of services through a network of sellers, rather than through a fixed retail location.

Co commerce Seller: A “Co commerce Seller” is a person authorized by a cocommerce entity through a legally enforceable contract to carry out business on a principal-to-principal basis.

Co commerce Entity: A “Co commerce Entity” is the main entity that sells or offers goods or services through cocommerce sellers, excluding any entity involved in pyramid or money circulation schemes.

GV2RIDE Incentive: A program that offers qualified GBOs an extra monthly payment for 18 months.

Earned Trip: A travel reward for GBOs who meet specific incentive goals in the GV Marketing Plan.

Global Victors Business Owner (GBO): A person who has completed registration and met all requirements to be an official distributor of GV products.

Wholesale Qualification: Any Nepali resident over 18 who has purchased or retailed products worth NPR 48,000 within two consecutive months becomes Wholesale Qualified. This status allows for product purchases at a discounted wholesale price (5-36% off BRP) based on their GV Marketing Plan level.

Brand Partner: When joining GV, a GBO becomes a Brand Partner.

Gem Superior: A Superior who has developed at least 8 first-generation Recognized Superiors.

Royalty Bonus Qualified (RBQ): A Recognized Superior eligible for the Royalty Bonus for the month.

Maximum Retail Price (MRP): The maximum sale price, including taxes, that a GBO can charge retail customers.

Personal Accredited Sales: The BRP or BV from purchases made in the GBO's name.

Preferred Customer: A customer registered to purchase GV products at a 5% BRP discount.

Re-sponsored GBO: A GBO who changes sponsors after 12 months of inactivity.

Retail Customer: A person who buys GV products without applying as a Preferred Customer.

Saleable Condition: Goods that are unused, marketable, and not expired, seasonal, discontinued, or promotional.

Sales Levels: Progression levels based on cumulative BV, such as Assistant Manager, Pre Manager, Manager, Vice Superior, and Superior.

Sponsor: A GBO or Preferred Customer who signs up another GBO/Preferred Customer.

Upline: The chain of GBOs or Preferred Customers above a GBO.

Waivers:

Activity Qualification Waiver: Granted to GBOs with 48k Personal/Preferred Customer BV, qualifying them for next month's incentives.
Royalty Bonus Qualification Waiver: Awarded to an active Recognized Superior meeting Royalty Bonus criteria, ensuring Royalty Bonus qualification for the following month.

Webstore: GV’s official online shopping platform at www.gveda.com.

Wholesale Price (WHP): The price offered to Wholesale Qualified GBOs at a 20% discount off BRP, excluding taxes.

Permanent Wholesale Qualification: Achieved by purchasing NPR 48,000 within two months.

Preferred Customer Guidelines

Role: Preferred Customers are consumers only and cannot sell GV products.
Discount: They receive a 5% MRP discount initially.
Permanent Discount: A 20% discount is applied once they reach NPR 48,000 in purchases within two months.
Profit for Sponsor: Sponsors earn 15% profit on Preferred Customer purchases until they become Wholesale Qualified.
Sponsoring Privilege: After purchasing NPR 9,900 within a month and completing KYC, Preferred Customers can sponsor others.
Bonuses: Preferred Customer bonuses from downline purchases roll up to the next active upline.

4 Bonus structure/Marketing plan

4.01

The responsibility of making Bonus payments to the GV Business Owner shall vest with the Company. Upon becoming Wholesale Qualified, the Preferred Customer becomes a GV Business Owner (GBO) at the Sales Level of Assistant Manager. The combined sales volume generated by the GBO and his/her subsequent downline organization qualifies the GBO to receive Sales Level promotions, and increased Discounts and Bonuses as outlined below:

(a) Assistant Manager is achieved by generating a total of turnover of 56500/- Personal and Non-Superior within any 2 consecutive Months. The Wholesale Qualified Assistant Manager receives:

• 20% discount on BRP on personal orders.

• 20% Preferred Customer Profit on the Purchases of personally-sponsored Preferred Customers.

(b) Manager is achieved by generating a total of 4,50,000 Personal and Non-Superior Case Credits within any 2 consecutive Months. The Wholesale Qualified Manager receives:

• 20% discount on Bonus Recap Price plus 3% Personal Bonus on Personal Purchases.

• 20% Preferred Customer Profit on the Purchases of personally-sponsored Preferred Customers.

• 3% Preferred Customer Bonus on the Purchases of personally-sponsored Preferred Customers.

The Active Manager also receives:

• 3% Volume Bonus on the Personal Accredited Sales of personally-sponsored Assistant Supervisors and their Downlines.

(c) Vice Superior is achieved by generating a total of Npr 13,50,000/-Personal and Non-Superior Turnover within any 2 consecutive Months. The Wholesale Qualified Vice Superior receives:

• 20% discount on Bonus Recap Price plus 7% Personal Bonus on Personal Purchases.

• 20% Preferred Customer Profit on the Purchases of personally-sponsored Preferred Customers.

The Active Vice Superior also receives:

• 5% Volume Bonus on the Personal Accredited Sales of personally-sponsored Supervisors and their Downlines.

• 8% Volume Bonus on the Personal Accredited Sales of personally-sponsored Assistant Supervisors and their Downlines.

• 5% Personal and Preferred Customer Bonuses forfeited by inactive downline Assistant Supervisors.

(d) Superior is achieved as soon as 22,50,000/- Personal and Non-Superior Case Credits are generated within any 1 or 2 consecutive Months, or 27,00,000/- Personal and Non-Superior Turnover within any 3 or 4 consecutive Months. The Recognized Superior receives:

• 20% discount on Bonus Recap Price plus 11% Personal Bonus on Personal Orders.

• 20% Preferred Customer Profit on the Purchases of personally-sponsored Preferred Customers.

• 11% Preferred Customer Bonus on the Purchases of personally-sponsored Preferred Customers.

The Active Superior also receives:

• 4% Volume Bonus on the Personal Accredited Sales of personally-sponsored Vice Superiors and their Downlines.

• 8% Volume Bonus on the Personal Accredited Sales of personally-sponsored Manager and their Downlines.

• 11% Volume Bonus on the Personal Accredited Sales of personally-sponsored Assistant Manager and their Downlines.

(g) One month or two consecutive months may be used to accumulate the Turnover necessary to achieve the levels of Assistant Manager, Manager, Vice Superior or Superior and any three or four consecutive months may be used to accumulate the Turnover necessary to achieve the Superior.

(h) A GBO who moves up to Recognized Superior as outlined in Section 4.01, shall be classified as either a Sponsored Superior or a Transferred Superior as follows:

(i) The Turnover from the purchase of Preferred Customer and their downlines will count for Active qualification of his/her assigned GBO. As soon as personally sponsored Preferred Customer accumulates NPR 56500/- turnover, it will not count towards the active turnover requirement.

(j) A Sponsor receives full turnover credits of any personally-sponsored Preferred Customer and ensuing Downline group until that Preferred Customer achieves the Manager level. Subsequently, if the Sponsor is Royalty Bonus Qualified (RBQ), he/she receives Leadership Turnover Credits equal to 40% of the Personal and Non-Superior Turnover of the first RBQ Superior down each sponsorship line, 20% of the Personal and Non-Superior Turnover of the second RBQ Superior down each sponsorship line, and 10% of the Personal and Non-Superior Turnover of the third RBQ Superior down each sponsorship line.

(k) A GBO will not pass up the Sponsor on the way to achieving any Sales Level.

(L) There is no re-qualifying for a Sales Level once it is earned unless the Forever Business is terminated or the GBO is Re-sponsored.

4.02 Preferred Customer 6-month Policy

(a) A Preferred Customer is eligible to choose a new Sponsor after being a Preferred Customer for 6 full Months.

(b) A Preferred Customer who chooses a new Sponsor will lose any former downlines and accumulated move-up Turnover Credits and will count as newly-sponsored for all applicable incentives. With the implementation of the new policy of Single Name Required on GBO Applications, Preferred Customers with 2nd applicant on their original GBO Application, the 2nd applicant's name will be automatically deleted on completion of the sponsor change request.

4.03 Activity Qualification

(a) To qualify for Volume and Royalty Bonuses and all Incentives, a GBO must be Active, and meet all other requirements of the Marketing Plan during the calendar month in which the bonuses were accrued.

(b) To be considered Active for the Month, a GBO must have a Total of NPR 45000/- Active Turnover during that Month, at least Npr 5000/- of which is a Personal Turnover.

(c) Managers, Vice Superiors, and Superiors who do not achieve Active status will not be paid a Volume Bonus that month. Any Bonuses accrued by a GBO who is NOT active during the month will be paid to the Active upline GBO as per the marketing plan.

(d) A GBO who forfeits any Bonus may re-qualify the following month as an Active GBO.

4.04 Bonus and Profit Calculations and Payments

(a) All bonuses are calculated on the Bonus Recap Price (BRP) as set forth in the GBO’s monthly recap.

(b) Bonuses are calculated according to the level attained at the time an order is processed. Bonuses are effective on the date of move-up to a higher level.

(c) A GBO does not receive a Volume Bonus on any GBO in his/her sponsored group who is at the same level in the marketing plan. However, he/she will receive full Turnover Credits from such sources for Sales Level advancement and other incentives.

(d) Bonus payments are credited into GBO’s bank account on the fifteenth of the month following the month in which the product was purchased from the Company. Example: bonuses for January purchases are credited into bank account on February 15th. A summary of earnings (bonus recap statement), bonus accrued, and other relevant data are made available online through www.globalvictor.com

(e) Profits generated on purchases by Preferred Customers are paid along with the Bonus amounts of the GBOs on the 15th of the month following that in which the product was purchased from the Company.

(f) Any 3rd-party charges or fees/taxes accrued on payments made to a GBO outside the Country in which the Profits/Bonuses are earned will be the responsibility of the GBO.

4.05 Global Victors Business Owner (GBO) 36-Month Policy

(a) A GBO who has not made a purchase for 36 consecutive calendar Months will forfeit all sponsored downlines to his/her first upline GBO.

(b) If the GBO has any 1st Generation Superiors in his/her organization, these Superiors will be classified as Inherited Superiors to the newly appointed Sponsor.

5.01 Recognized Superior

(a) A GBO qualifies as a Recognized Superior and receives a gold Superior pin

As soon as his/her entire downline group generates 120 Personal and Non-Manager Turnover within 1-2 consecutive Months, or (effective from February 2018) 150 Personal and Non-Manager Turnover within 3-4 consecutive Months, and
When he/she is an Active GBO each Month during the same period, and
When there are no other GBOs in his/her Downline who qualify as Superior during the same period.

(b) If a GBO’s Downline GBO also qualifies as a Superior (Recognized or Unrecognized) in any country during the same period, the GBO will be a Recognized Superior if

He/she is an Active GBO each Month during the same period, and
He/she has at least npr 4,50,000/- Personal and Non-Superior Turnover in the final Month of qualification from GBOs in Downlines other than that of the Superior (Recognized or Unrecognized) moving up in the same Month.

5.02 Unrecognized Superior

(a) As soon as a GBO and Downline generate Npr 22,50,000/- Personal and Non-Superior Turnover within 1-2 consecutive Months, or 27,00,000 Personal and Non-Superior Turnover within 3-4 consecutive Months, and the GBO does not meet the remaining requirements for Recognized Superior, he/she becomes an Unrecognized Superior.

(b) An Unrecognized Superior can qualify for the Volume Bonuses, but cannot qualify for Royalty Bonus or any other Superior incentive.

Generate a total of Npr 22,50,000/- Personal and Non-Superior Turnover within 1-2 consecutive Months, or Npr 27,00,000/- Personal and Non-Superior Turnover within 3-4 consecutive Months, and
Be an Active GBO each Month during the same period.

(3) The re-qualification period cannot start earlier than the last month of his/her Unrecognized Superior qualification. It means if a GBO moves to an Unrecognized Superior Level in February, Turnover in the earlier months cannot be counted to requalify as Recognized Superior.

(d) If the re-qualification period starts in the last month of his/her

Un-Recognized Superior qualification, the Turnover that was not associated with a Downline Superior move-up during the last Month of move up to Unrecognized Superior can be counted for the Recognized Superior qualification.

(e) From the date that an Unrecognized Superior has generated the required Personal and Non-Manager Turnover he or she becomes a Recognized Superior and will begin to accrue Leadership Bonuses and Leadership Turnover on Accredited Sales if he/she is Royalty Bonus Qualified.

(f) If an Unrecognized Superior does not achieve Recognized Superior level before the 12-month period is over from the month he/she has moved to Unrecognized Superior, he/she will forfeit all Superior downlines.

5.03 Sponsored Superior:

(a) A Superior becomes a Sponsored Superior to his/her immediate upline Sponsor by

Qualifying as a Recognized Superior, or
Qualifying as a Sponsored Superior from Inherited or Transferred Superior status.

(b) Beginning with the Month following qualification as a Sponsored Superior, he/she can be counted for his/her upline Superior’s Gem Superior Level and for any other incentive that requires Sponsored Superiors.

5.04 Inherited and Transferred Superior

(a) A Superior is considered Inherited if he/she is moved to a different Sponsor under the 12-month RBQ rule, or if his/her Sponsor is terminated or re-sponsors. In such case, he/she becomes an Inherited Superior to his/her new Sponsor.

(b) A Superior is considered Transferred according to Policy outlined in Section 4.01(h) until he/she requalifies as a Sponsored Superior.

(c) Inherited and Transferred status does not affect the Volume Bonus or Leadership Bonus paid to any Superior or to his/her upline.

(d) An Inherited or a Transferred Superior does not count for the upline Superior’s Turnover reduction for the Earned Incentive Program or Gem Superior.

(e) An Inherited or Transferred Superior can re-qualify as a Sponsored Superior by meeting the following requirements:

Generate a total of Npr 22,50,000/- Personal and Non-Superior Turnover within any 1-2 consecutive Months or Npr 27,00,000/-Turnover within any 3-4 consecutive Months. The re-qualification process can begin with the Month prior to the Month of Transfer.
During the re-qualification period, be an Active GBO in his/her Home Country or generate Npr 450,000/- Active Turnover in the Country where he/she is achieving Sponsored Superior status.

6.03

A Royalty Bonus, based on the Total BRP of a Superior’s Personal and Non-Manager Accredited Sales of the qualifying month, is paid to his/her upline Royalty Bonus Qualified Superiors at the following rates:

5% is paid to the first upline RBQ Superior.

3% is paid to the second upline RBQ Superior.

2% is paid to the third upline RBQ Superior.

6.04

(a) A Superior who is not Active for three consecutive Months loses eligibility to qualify for Royalty Bonus, even if he/she has no downline Superiors.

(b) Royalty Bonus eligibility can be regained by meeting the following requirements in any Single Operating Company:

Generate a total of Npr 2,15,000/- Personal and Non-Superior Turnover each Month for three consecutive Months (even if he/she does not have any downline Superiors).
Be Active each Month for the same period.

(c) Upon regaining eligibility, Royalty Bonus will accrue each month that the Superior is RBQ thereafter, beginning with the fourth month, which will be paid on the 15th of the fifth month.

6.05

(a) Superior who is not RBQ for at least once in the previous twelve consecutive Months, and who is not in the process of regaining Royalty Bonus eligibility, will permanently forfeit all downline Superior lines, and any new superiors he/she develops.

(b) A forfeited Superior line will become an Inherited Superior to the first Royalty Eligible Superior upline from his/her original Sponsor.

7 Additional Incentives

7.01

All Company incentive programs are intended to promote sound business building principles. This includes the proper sponsoring and selling of product in usable, resalable quantities. Incentive points and prizes are not transferable and will be awarded only to the GBO who qualifies by building the business in accordance with the letter and spirit of the

GV Marketing Plan and Company Policies and the Code of Professional Conduct.

7.02

Recognition pins will be awarded only to the person(s) whose names appear on the Global Victors Business Owner Application Form on file at the Company’s Office and Kyc updated in Website.

7.03

(a) In the event a GBO’s spouse does not attend an Earned Trip, the GBO may bring a guest provided that the guest is 14 years of age or older.

(b) Earned Trips are limited to the following: Recognition Events, International Retreat, The Elite, Crown, Supreme Trips.

8.01

(a) A Superior can combine 1st Generation Sponsored Recognized Superiors from all countries for the purpose of being recognized as Senior through Supreme Superior. However, each 1st Generation Superior can only be counted once.

8.02

(a) All recognition pins for Superior level and above are awarded only at a Company-approved recognition meeting.

8.03

(a) Recognized Superior: when a GBO qualifies under the requirements as set forth in 5.01, he/she is recognized as Recognized Superior and receives a gold pin.

8.04 International Vacation

(a) IV (International Vacation is earned by meeting the following requirements during the qualification period of May through April, after qualifying as a Recognized Superior:

1) Be Active every month.

2) Be Royalty Bonus Qualified (even if he/she does not have any Superior lines). Turnover generated during the months he/she is not Royalty Bonus Qualified will NOT count toward this incentive.

3) Accumulate at least 1.5 crore turnover, including at least 20 lakh NEW turnover.

4) Support meetings, trainings and events.

The following requirement can be met during the qualification period of May through April, before or after qualifying as a Recognized Superior:

5) Personally sponsor and develop at least 2 new Manager lines.

(b) In addition to the requirements listed above, Senior Superiors and above must also develop and maintain Qualifier Lines, as outlined in the following schedule. Each Qualifier Line must be in a separate sponsorship line, without regard to how many generations down.This requirement is based on the Superior position qualified for at the beginning of the qualification period.

Senior: 1 IV Qualifier Line.

Diamond: 2 IV Qualifier Lines.

Elite: 3-5 IV Qualifier Lines.

Crown: 4-9 IV Qualifier Lines.

Supreme: 5-14 IV Qualifier Lines.

(e) If an GBO achieves the level of Superior during the qualification period:

1) Any Preferred Customers he/she sponsored during the final month of move-up will count toward the new Supervisor requirement for that qualification period’s.

2) The Qualifying requirements are NOT prorated; rather, he/she needs to accomplish the 1.5 crore Total/20lakh-NEW Turnover and the 2-new Managers during the remainder of the qualification period after achieving Superior Level.

(f) Upon completion of all requirements, the GBO will be awarded an Earned Trip to attend International Vacation.

This will include:

1) Airfare for two and three night’s lodging.

2) An invitation to the exclusive Qualifying Superior’s Training.

3) Access to all events relating to IV.