Commission Policy

Karevault Commission Policy

Effective Date: February 5, 2026

 

This Commission Policy outlines the terms and conditions governing the earning and payment of commissions for Karevault MLM distributors, powered by Indemandng ("Karevault," "we," "us," or "our"). Our compensation plan is designed to reward distributors for their efforts in selling Karevault products to end consumers. Crucially, commissions are earned solely on the sale of products and are never based on recruitment fees or the act of sponsoring new distributors.

 

1. Basis of Commission Earnings

Commissions are exclusively earned through the verified retail sale of Karevault products to end consumers. This means:

 

         Product Sales Only: Commissions are generated from the actual sale of Karevault products. The volume of product sales directly impacts commission earnings.

         No Recruitment Commissions: Karevault does not pay commissions or any other compensation for the act of recruiting new distributors. The focus is entirely on product movement.

         No Purchase Requirements for Commission Eligibility: Distributors are not required to purchase products to be eligible for commissions, beyond what is necessary for personal use or demonstration purposes.

 

2. Compensation Plan Overview

Karevault operates a multi-level compensation plan that rewards distributors for their personal product sales and the product sales generated by their downline organization. The specific details of the commission structure, including percentages, bonuses, and qualification criteria for different ranks and levels, are fully detailed in the official Karevault Compensation Plan document. This policy serves as a general overview and adherence to the principles outlined herein is mandatory.

 

3. Commission Accrual and Calculation

Commissions accrue based on completed and verified product sales. The calculation of commissions will be based on:

 

         Sales Volume: The total volume of eligible product sales generated by the distributor and their qualified downline organization within a defined commission period.

         Product Pricing: Commissions are calculated based on the wholesale or retail price of products, as specified in the Compensation Plan.

         Qualification Criteria: Distributors must meet specific qualification criteria (e.g., personal sales volume, team sales volume, active status) as outlined in the Compensation Plan to be eligible for commissions and bonuses.

 

4. Commission Payment Schedule

Commissions are typically calculated and paid on a monthly basis. The specific payment dates and cut-off periods will be communicated through the distributor portal and the official Compensation Plan.

 

5. Commission Adjustments and Chargebacks

Karevault reserves the right to adjust or recover commissions paid in the event of:

 

         Product Returns/Refunds: If a product for which a commission was paid is subsequently returned by the customer and a refund is issued, the corresponding commission amount will be deducted from future commission payouts to the distributor.

         Chargebacks: In the event of credit card chargebacks or other payment reversals, the associated commissions will be recovered.

         Errors: Any overpayment of commissions due to administrative or calculation errors will be corrected and recovered.

         Policy Violations: Commissions may be withheld or recovered if a distributor is found to be in violation of Karevault's Terms and Conditions, this Commission Policy, or any other company policy.

 

6. Tax Obligations

As independent contractors, Karevault distributors are solely responsible for their own tax obligations. Karevault will report commission earnings to the relevant tax authorities as required by law. Distributors are advised to consult with a tax professional regarding their specific tax responsibilities.

 

7. Compliance with Laws and Regulations

Karevault is committed to operating in full compliance with all applicable laws and regulations governing multi-level marketing, including guidelines from consumer protection agencies such as the Federal Trade Commission (FTC). Distributors must also adhere to these laws and regulations in their business practices.

 

8. Changes to This Commission Policy

Karevault reserves the right to modify this Commission Policy and the Compensation Plan at any time. Any changes will be effective immediately upon posting the revised policy on our website and updating the "Effective Date." Distributors will be notified of significant changes through appropriate communication channels.

 

9. Contact Us

For any questions regarding this Commission Policy or the Karevault Compensation Plan, please contact us at:

 

Karevault MLM (powered by Indemandng) Website: www.indemandng.com      Email: support@indemandng.com 

Address: 16, Alhaji Jimoh street, Adeniyi Jones, Ikeja, Lagos.

 

 

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