Code of Conduct and Ethical Standard
 

Pursuant to company’s core values of Credibility, Honesty, Equality, Resiliency, Sincerity and Humility, (CHERISH) all members are strictly enjoined to observe the following:

CODE NO. 1

All members shall at all times, remain loyal to the company and its policies being issued from time to time by not committing acts which are not limited to joining, representing, associating, sponsoring, recruiting, conspiring in any mode and form for the benefit or advantage directly or indirectly of competing companies, business groups, partnership or individual, either locally or abroad, neither introduce, present sell, promote, offer, in any form nor manner their products, services, businesses, marketing programs and plans or a combination thereof, whether tangible or intangible.

PENALTIES

FIRST OFFENSE: Written Reprimand.

SECOND OFFENSE: Six (6) months deactivation of all the accounts with forfeiture in favor of the company of all the benefits, privileges, commissions and other remunerations either monetary or in kind, which accrued at the time of the commission of the violation.

THIRD OFFENSE: Perpetual deactivation of all the accounts which carries with it the forfeiture of all benefits, privileges, commissions and other remunerations either monetary or in kind in favor of the company, which accrued at the time of the commission of the violation.

CODE NO. 2

All members are strictly enjoined to be honest in all conducts and dealings locally and abroad by not making, agitating, encouraging written or oral derogatory or defamatory remarks, utterances or any statement in any form that discredit and disrepute the company, its centers or any of its service branch, which at the same time malign the credibility of its officers and employees.

PENALTIES

FIRST OFFENSE: Written Reprimand.

SECOND OFFENSE: Six (6) months deactivation of all the accounts with forfeiture in favor of the company of all the benefits, privileges, commissions and other remunerations either monetary or in kind, which accrued at the time of the commission of the violation.

THIRD OFFENSE: Perpetual deactivation of all the accounts which carries with it the forfeiture of all benefits, privileges, commissions and other remunerations either monetary or in kind in favor of the company, which accrued at the time of the commission of the violation, without prejudice to criminal prosecution.

CODE NO. 3

All members are strictly enjoined to be professionals in all acts and bearings, dealings or transactions by not committing any false statements, such as, but not limited to misrepresentation, exaggeration, disinformation, vane promises, introducing spurious products or services, or circumventing the marketing plans or programs of the company that contravene the tenor and purposes thereof.

PENALTIES

FIRST OFFENSE: Written Reprimand.

SECOND OFFENSE: Six (6) months deactivation of all the accounts with forfeiture in favor of the company of all the benefits, privileges, commissions and other remunerations either monetary or in kind, which accrued at the time of the commission of the violation.

THIRD OFFENSE: Perpetual deactivation of all the accounts which carries with it the forfeiture of all benefits, privileges, commissions and other remunerations either monetary or in kind, which accrued at the time of the commission of the violation, without prejudice to criminal prosecution.

CODE NO. 4

All members are strictly enjoined to be honest and credible in all deeds by not committing acts against the company or fellow members which are but not limited to: a) imitating or counterfeiting any handwriting, or signature; b) causing it to appear that a member has participated in any act or activity when he did not in fact so participate; c) alluding or pointing to members who have participated in an act, activity or statements other than those made by them; d) inserting untruthful statements in a narration of facts such as those in the affidavit, deed and other documents similar thereto; e) altering true dates; f) making any alteration or intercalation in a genuine document which alters or changes its meaning; f) issuing in an authenticated form a document purporting to be a copy of an original document when no such original actually exists;

PENALTY

FIRST OFFENSE: Perpetual deactivation of all the accounts which carries with it the forfeiture of all benefits, privileges, commissions and other remunerations either monetary or in kind in favor of the company, which accrued at the time of the commission of the violation, without prejudice to criminal prosecution.

CODE NO. 5

All members are strictly enjoined to observe humility and respect towards fellow members, officers and employees of the company, by not committing directly or indirectly any inimical or malevolent acts which are but not limited to rudeness, disrespect and discourtesy.

PENALTIES

FIRST OFFENSE: Written Reprimand.

SECOND OFFENSE: Six (6) months deactivation of all the accounts with forfeiture in favor of the company of all the benefits, privileges, commissions and other remunerations either monetary or in kind, which accrued at the time of the commission of the violation.

THIRD OFFENSE: Perpetual deactivation of all the accounts which carries with it the forfeiture of all benefits, privileges, commissions and other remunerations either monetary or in kind, in favor of the company which accrued at the time of the commission of the violation, without prejudice to criminal prosecution.

CODE NO. 6

All members are strictly enjoined to have sense of equality and sincerity toward fellow members by observing the 60-day rule, wherein a fellow member has 60 days from presentation of the marketing plan or program of the company and signing of any document towards membership by the prospective member, within which fellow member shall not interfere, intervene or alienate said prospective member at the prejudice of the first member.

PENALTIES

FIRST OFFENSE: As to the member who interfered, intervened or alienated the prospective member within the 60-day period at the prejudice of the first member shall suffer the penalty of six (6) months deactivation of all the accounts with forfeiture in favor of the company of all the benefits, privileges, commissions and other remunerations either monetary or in kind, which accrued at the time of the commission of the violation. On the other hand, the account of the prospective member who later became member shall be placed at the networking group of the first member;

SECOND OFFENSE: One (1) year deactivation of all the accounts with forfeiture in favor of the company of all the benefits, privileges, commissions and other remunerations either monetary or in kind, which accrued at the time of the commission of the violation.

THIRD OFFENSE: Perpetual deactivation of all the accounts which carries with it the forfeiture of all benefits, privileges, commissions and other remunerations either monetary or in kind, which accrued at the time of the commission of the violation.

CODE NO. 7

All members are strictly enjoined to be at all times clothe with integrity and sense of oneness and unity, by not committing any immoral act or conduct which tends to debase company policies, transgress decency, morals and good behavior, while inside or within the company premises, its centers or service branch, neither practice cross lining that obstructs oneness and unity between husband and wife nor commit acts that circumvent the same.

PENALTIES
(AS TO IMMORAL ACTS OR CONDUCTS)

FIRST OFFENSE: Written Reprimand.

SECOND OFFENSE: Six (6) months deactivation of all the accounts with forfeiture in favor of the company of all the benefits, privileges, commissions and other remunerations either monetary or in kind, which accrued at the time of the commission of the violation.

THIRD OFFENSE: Perpetual deactivation of all the accounts which carries with it the forfeiture of all benefits, privileges, commissions and other remunerations either monetary or in kind, in favor of the company which accrued at the time of the commission of the violation, without prejudice to criminal prosecution.

PENALTIES
(AS TO CROSS LINING)

FIRST OFFENSE: Reprimand. On the other hand, the husband or the wife shall be placed under one networking group.

SECOND OFFENSE: Six (6) months deactivation of all the accounts with forfeiture in favor of the company of all the benefits, privileges, commissions and other remunerations either monetary or in kind, which accrued at the time of the commission of the violation.

THIRD OFFENSE: Perpetual deactivation of all the accounts which carries with it the forfeiture of all benefits, privileges, commissions and other remunerations either monetary or in kind, which accrued at the time of the commission of the violation.

CODE NO. 8

All members are strictly enjoined not to commit any fraudulent act or false pretenses to the prejudice directly or indirectly of the company or fellow member by not committing acts which are not limited to: a) using a fictitious name, or dummy, or by means of other similar deceits purportedly to obtain personal gain and interest; b) by altering the quality, fineness or weight of the product or any product pertaining to the business of the company; c) issuing a check to a fellow member or to the company or incurring obligation to both, when it has no funds or insufficient to cover the amount of the check or evading the performance thereof or any obligation after demand.

PENALTY

FIRST OFFENSE: Perpetual deactivation of all the accounts which carries with it the forfeiture of all benefits, privileges, commissions and other remunerations either monetary or in kind in favor of the company, which accrued at the time of the commission of the violation, without prejudice to criminal prosecution.

Source http://www.royalebusinessclub.com/aboutus_codeofethics.php

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