- Can I sell or transfer my Consultantship? If so, what are the steps?
Transferring your LifeVantage Consultantship is a very important decision.
Section 4.9 – Sale, Transfer or Assignment of a LifeVantage Independent Consultantship, provides the criteria that must be met in order to accomplish such a transaction. It states (in part):
If an Independent Consultant wishes to sell his or her LifeVantage Independent Consultantship, the following criteria must be met:
- If the buyer is an active LifeVantage Independent Consultant, he or she must first terminate his or her LifeVantage Independent Consultantship and wait at least six (6) months before becoming eligible to purchase another Independent Consultantship.
- The transaction must be approved by LifeVantage in its sole discretion.
- The selling Independent Consultant must be in good standing and not in violation of any of the terms of the Agreement in order to be eligible to sell, transfer, or assign a LifeVantage Independent Consultantship.
- Prior to selling a LifeVantage Independent Consultantship, the selling Independent Consultant must notify LifeVantage, in writing, of his or her intent to sell the LifeVantage Independent Consultantship. No changes in line of enrollment can result from the sale or transfer of a LifeVantage Independent Consultantship.
- The selling Independent Consultant must wait a period of six (6) months from the date of the sale, transfer or assignment of their LifeVantage Independent Consultantship before he or she will be eligible to again enroll as a LifeVantage Independent Consultant.
If you have additional questions about selling or transferring your Consultantship, please contact our Compliance Department by emailing compliance@lifevantage.com. Please allow 24-28 business hours for an email response.
Contact Us
We are dedicated to exceeding your expectations and making all your experiences with us as pleasant as possible. Your comments and suggestions are welcome. Feel free to contact us anytime.