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LYC Classic Compensation Plan

LYC Classic provides a very simple yet effective Compensation Plan.  First and foremost, the plan is designed to help you enjoy our products at very reasonable prices.  Secondly, we have made it possible for people to make an extra $200 to $500 per month residual income without much effort.  You just need to sign up for the $40 monthly Wholesale Volume Autoship program and get others to do likewise.  Once you are on the $40 Autoship program, you automatically become a Director and qualify for downline Bonuses.  Directors can choose any of our excellent products to be on the Autoship and make changes monthly if they desire.  It's truly that simple.

Bonus Payouts - Executive Director - Senior Executive Director - Presidential Director - Autoship - Autoship Payment - Changes or Cancellations


Member/Distributor


Completes a Membership Application Form and pays a one time Enrollment Fee of $20. A Member/Distributor can purchase all LYC products at the wholesale prices.
Director To become a Director, you must do the following:
1.  Complete a Director Application Form and pay the Enrollment Fee of $20 
2.  Place an initial order for a minimum of $100
3.  Complete the Autoship Application Form for the $40 monthly Minimum Wholesale
     Volume purchase that will become active the month following your enrollment. 
     When signing the Autoship Application, a Director agrees to remain on
     Autoship a minimum of  two months. 
All Directors benefit from special Wholesale
     pricing.
To maintain your Active Director status and to qualify to receive your Bonus payments, you must remain on the $40 monthly Autoship Program.

Your distributorship becomes official when the Application has been received and processed at Corporate Headquarters. You will immediately be assigned an ID# which you should use with all future communications with LYC Classic.


Bonus Payouts

Bonuses are paid monthly on or before the 20th of the month following the Director’s activity.  The only qualification to receive your Bonuses through your entire 5 Level is for you to be on the monthly Autoship Program for the $40 personal Wholesale Volume purchase.

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1st
2nd
3rd
4th
5th
Level Payout – 10%
Level Payout – 10%
Level Payout – 10%
Level Payout – 5%
Level Payout – 5%

Fast Start Bonus

When signing up a new Director, the Sponsoring Director receives an additional 10% on the first order placed by that new Director (bringing total payout on the first order to 20%).  The maximum Fast Start Bonus Payout is on a volume of $300.

 

Bonus Pool Payouts

Rise up to higher levels and earn Bonuses on your entire organization to Infinity. 
The only qualification to receive your Bonuses through your entire 5 Levels is for you to be on the monthly Autoship Program for the $40 personal Wholesale Volume purchase.  In order to maintain the particular Actuve Director status, you must qualify each month.

Executive Director

This position is attained when you have personally sponsored 5 Active Directors on Autoship in your first line of sponsorship and you have a total Group Volume of $7,500 through your 5th Level, with no more than 40% from any one leg.  You will qualify in a 2% Corporate Bonus Pool, which will be shared with all Executive Directors, calculated on your organizational Group Volume through your 5th Level.

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Senior Executive Director

This position is attained when you have personally sponsored 5 Active Directors on Autoship in your first line of sponsorship, have 2 Executive Directors in different legs in your Downline and you have a total Group Volume of $20,000 through your 5th Level.  You will qualify in an additional 3% Corporate Bonus Pool, which will be shared with all Senior Executive Directors, calculated on your organizational Group Volume through your 5th Level.

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Presidential Director

This position is attained when you have personally sponsored 5 Active Directors on Autoship in your first line of sponsorship, have 3 Executive Directors in different legs in your Downline and you have a total Group Volume of $50,000 through your 5th Level.  You will qualify in an additional 3% Corporate Bonus Pool, which will be shared with all Presidential Directors, calculated on your organizational Group Volume through your 5th Level.

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Autoship

The key to developing a successful networking business is having Active Directors in your organization making monthly purchases on a consistent basis.  The reasons LYC Classic strongly urges every person to participate in the Autoship Program is because it:

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  • Helps to build a solid, stable business
  • Helps people stay on the products, get results and build belief.
  • Helps keep your organization active.
  • Helps achieve a long-term stable volume as your organization grows.
Autoship Payment All Autoship Enrollment must include a form of payment.  You must fill out the complete Credit Card number, expiration date, the exact name used on the Credit Card, correct billing address of the Credit Card, along with the signature of the Credit Card holder.   Should your Credit Card expire, you are responsible to let the Company know of the new expiration date or provide a replacement card if necessary. To
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Autoship Process Date

Your monthly $40 Wholesale Volume Autoship order will be processed each month on the date that you request on the Autoship Application Form (10th, 15th, or 25th).  You can order whatever products you wish (which must be for a minimum of $40 Wholesale Volume in ONE order) before the date of your Autoship order and your Autoship order will NOT be processed.  Please allow at least 5 days for the order to be received and processed by LYC. 

Changes or Cancellations

All Autoship changes or cancellations are required to be submitted to LYC Classic in writing.  Any changes, such as a form of payment or change of shipping address, are required to be submitted in writing.

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Declined Cards

When Charge Cards are declined, your Autoship account will be automatically cancelled.  If you wish to begin your Autoship again, a new Autoship form must be completed and sent to LYC Classic.

Autoship Returns or Exchanges

Returns or exchanges of Autoship packages are not allowed.  Any unauthorized Autoship return will result in an automatic Autoship cancellation and an adjustment is made for Bonus payouts.

Updated 3-22-07


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LYC Classic is registered to Yee Olde Electronics, Inc.