Mycenterbid bonusplan v1.01

Copyright 2013 – MyCenterbid Ltd.V1.0V1.02

C H A N G I N G L I V E S B I D B Y B I D

The MyCenterbid Compensation Plan is an exciting opportunity that rewards you for selling products and services and for sponsoring other participants who do the same. Although the opportunity is unlimited, individual results will vary depending on commitment levels and sales skills of each participant.

Since MyCenterbid has recently launched, it lacks enough statistical data to prepare reliable income disclosures. The numbers below reflect estimates prepared by the company pending a more detailed survey to be conducted after its first year. Based on industry standards and company projections, the average annual gross income for distributors is projected to be anywhere between €500 and €2,000. There will certainly be participants who will earn less while others will earn much more. We’re excited about the MyCenterbid Compensation Plan and we’re confident it will provide you a solid foundation to help you achieve your financial goals. If income projections were presented to you prior to your enrollment, such projections are not necessarily representative of the income, if any, that you can or will earn through your participation in the Compensation Plan. These income projections should not be considered as guarantees or projections of your actual earnings or profits. Success with MyCenterbid results only from hard work, dedication, and leadership.

MyCenterbid Income Disc losure

V1.02 C H A N G I N G L I V E S B I D B Y B I D

IMPORTANT INFORMATION BEFORE WE START OUR PRESENTATION

Success in MyCenterbid requires hard work, dedication and good sales skills. Compensation is directly tied to the personal effort of each independent Affiliate

For full details and explanation on our compensation plan, please download the Complete Bonus Plan document found on our website.

Larus Palmi MagnussonCEO & Chariman - MyCenterbid Ltd.


Introducing...

• The next generation of online auctions

• Already launched in 150 countries

• Fun, entertainment shopping. Win items at up to 90% off retail.

• Fun, Entertaining and Exciting.

V1.02

• The marketing arm of Centerbid• Over 18.000 of affiliates

worldwide• 5 ways of earning commissions• Dream Car & Dream Home

Bonuses• Affiliates drive traffic to Centerbid

and earn commissions daily.


In Centerbid the price increases with 1 cent at a time. All Bids used for bidding at auctions are paid for in advance. Price of a bid starts a €0.50. This means that every time a bid is placed Centerbid earns €0.50. When an auction closes Centerbid can calculate the profit of that auction.

Example on Auction Profits

Auction End Price €250.11Bids Used 25011 x €0.50 = €12,505.50Total Revenue in Auction = €12,755.61

Product Retail Price - €550,00Administrative costs - €100,00

TOTAL AUCTION PROFITS €12,105.61

In the example above, the auction winner won an iPad for €250,11 by spending only €22 worth of bids. The total cost of the iPad was €272.11 The auction winner saved €277.89 of the retail price. Thats over 50% off retail price and a real bargain!

How Centerbid earns and Customers save


SHARE WITH YOUR

FRIENDS AND EARN

BONUSES EVERY TIME

THEY MAKE A

PURCHASE OR PLACES

A BID IN CENTERBID!

V1.02

Five Powerful Income Streams + 2 Dream Bonuses


In order to familiarize new Affiliates with MyCenterbid’s Products, sales techniques, sales aids, and other matters, the Company requires that Affiliates purchase an Affiliate Business System

The Affiliate Business System has an initial fee of €100 and a monthly fee of €20.- The initial and monthly fees for the purchase of the Affiliate Business System are not commissionable.

When you purchase the Affiliate Business System you get:

• E-Wallet for commission payouts• A complimentary Prepaid MasterCard® Card• A Replicated MyCenterbid Website• Your own personal MyCenterbid Backoffice• 25 Free bids in Centerbid• Full access to the Business Opportunity

Getting started in the Business


Startup Packages

Affiliate SystemPrice: €10025 free bids30 Days Maintenance

Builder PackPrice: €300Same as Affiliate SystemPersonal Bids: 100Marketing Bids: 100Personal Volume: 100Sale Points: 50Unilevel Bonus

Ultimate PackPrice: €1400Same as Affiliate SystemPersonal Bids: 300Marketing Bids: 1000Personal Volume: 300Sale Points: 150Unilevel Bonus

V1.02

Deluxe PackPrice: €700Same as Affiliate SystemPersonal Bids: 300Parketing Bids: 300Personal Volume: 300Sale Points: 150Unilevel Bonus

WE RECOMMEND THIS PACKAGE


Personal Bid Packages (PV)

Price: €50Bids Included: 50Personal Volume: 50Sale Points: 25





V1.02

NOTE: These bid packages does not generate Personal Team Bonus (Unilevel Bonus)


1. Account In Good Standing

The first qualifier is to maintain your account and be in good standing. Here are the requirements

1. Paid your €20 monthly renewal fee (First month included)2. Completed the KYC Process (Know Your Client) (30 Day Grace

Period)

Good Standing and Qualification

2. Minimum Qualification Requirements For The Entire PayPlan

There are many ways of earning bonuses in MyCenterbid.Here is the minimum monthly qualification requirements:

1. Be in Good Standing.2. Refer at least one Centerbid Customer (Once).3. Generate a monthly sales volume of minimum 50 PV.4. Refer at least 2 Affiliates, one in each team (Once) to be

Dual Team qualified.


Each time your team generates sales volume in both your left and right teams, whether you made the sale or not, which adds up to a total of 300 Sale Points in any of the following combinations: 100:200, 150:150 or 200:100 ratio you earn a commission cycle.

Each commission cycle pays out a €50 Bonus.

You can do this over and over again each day up to €25,000.- per week.Any unbalanced sales volume is carried forward for six months from point of sale.

Earn on the sales of those affiliates you, your up-line and your down-line place within your team.

YOU

Left Team

Right Team

Dual Team Bonus


Levels Tier 1 Tier 2 Tier 3 Tier 4 Tier 5

MonthlyQualificationsRequirement

50 PV 100 PV 150 PV 200 PV 300 PV

Customer Requirement

1 Active Customer

3 Active Customers

5 Active Customers

10 Active Customers

20 Active Customers

Level 1 5% 5% 5% 5% 5%

Level 2 5% 5% 5% 5% 5%

Level 3 5% 5% 5% 5% 5%

Level 4 0.5% 0.5% 0.5% 0.5%

Level 5 5% 5% 5% 5%

Level 6 0.5% 0.5% 0.5%

Level 7 0.5% 0.5% 0.5%

Level 8 0.5% 0.5% 0.5%

Level 9 0.5% 0.5%

Level 10 5% 5%

Level 11 0.5%

Level 12 0.5%

Level 13 0.5%

Level 14 0.5%

Level 15 5%

As people join your team and generate bid sales, you earn commissions.

The more sales generated the more you can potentially earn.

Unlimited possibilities and earning potential

Personal Team - Marketing Bid Purchase Bonus


If you have referred a customer that wins an auction in Centerbid, you will be awarded an Auction Winner Bonus. This bonus will be paid three levels deep as described in the chart below.

Bonus Levels Comm %

YOU 5%

Your Sponsor 3%

Your Sponsor’s Sponsor 2%

Total Bonus Percentage 10%

Bonus Example:A customer you have referred wins a brand new iPad for €250.11The auction surplus is calculated to €12105.61

Your customer saves over 50% off retail on the iPad.

You earn a €605,28 auction winner bonus for referring that customer.Your sponsor earns a €363.28 bonus.Your sponsor’s sponsor earns a €242,11 bonus.NOTE: Auction winner bonuses are generated when the auction is paid

for.

Auction Winner Bonus


• When someone you have referred places a bid at an auction in Centerbid you are awarded CAPs.

• The amount of CAPs awarded is determined by your own Tier Level qualification. As your performance increases, you are awarded more CAPs.

• CAPs can generate a CAB bonus for 30 days.

• CAPs retire after 30 days

NOTE: There are no CAPs or bonuses generated from the 25 FREE bids everybody gets when signing up in Centerbid and MyCenterbid. All CAPs have a ZERO value and cannot be exchanged or converted to cash.CAPs cannot be purchased, they can only be awarded.

Customer Acquisition Points (CAPs)

CAP = Customer Acquisition Point CAB = Customer Acquisition Bonus


Levels Tier 1 Tier 2 Tier 3 Tier 4 Tier 5

MonthlyQualification

Requirements

50 PV 100 PV 150 PV 200 PV 300 PV

Personally Referred Customer

Requirement

Refer Minimum 1 Active

Customer

Refer minimum 3 Active

Customers


Customers


Customers


Customers

CAPs Awarded for bids used by

personally referred

customers in Centerbid

0,60 CAPs per bid used by

personally referred



personally referred



personally referred


0,90 CAPsper bid used by

personally referred


1 CAPs per bid used by

personally referred


CAP Generation - Tier Qualification

IMPORTANT: An Active Customer is someone that has verified their account, logged in and placed a bid in one of the Centerbid Auctions. (Free Auctions do not apply.)

There is "NO INDUSTRY STANDARD" or "NO INDUSTRY AVERAGE" used for calculation of surplus and bonus payouts in Centerbid. This is a real business and all revenue is calculated on a daily basis indicative of auction activity. There is no guarantee that CAPs will generate any bonuses.


• Affiliates that have been awarded CAPs can earn a CAB bonus calculated from the daily surplus in Centerbid.

• Only USED BIDS are taken into the calculation of the daily surplus.

• The CAB is driven by 50% of the Daily Centerbid Surplus.

Value of bids USED today+ Value of won auctions, paid for today+ 20% of todays Sellback

= Todays Revenue

Todays Revenue- Today’s Product Cost- Administrative Costs

= Todays Surplus

NOTE: Unused bids are not calculated in the daily surplus. Until a bid is used it’s a financial liability for Centerbid, hence cannot be taken into ourdaily surplus calculation.

Surplus Calculation Formula

Customer Acquisition Bonus (CAB)


DREAM CAR BONUS

FIVE WHO GET FIVE WHO GET FIVE!

When an Affiliate achieves the monthly bonus requirements, MyCenterbid will pay him/her up to €1,500 per month as a Dream Car Bonus.

The Affiliate must have an Active Status at 11:59:59 PM (Midnight) GMT on the last day of the monthly pay period to be qualified to earn the Dream Car Bonus for the following month.

The Affiliate must also have submitted either a copy of the car financing agreement or payment receipt by the fifteenth day of the month following the month in which he/she first achieves the bonus. Documentation must be submitted in a form acceptable to MyCenterbid to prove purchase or leasing of a car.

Dream Car Bonuses are paid to the Affiliate monthly, on the 30th of each month, as long as the affiliate qualifies for the bonus.

Refer five who get five who get five. Qualifying organization must be in good standing and meet the monthly PV requirements every month.

Dream Car Bonus - Fineprint

NOTE: MyCenterbid will issue a bonus to the Affiliate in the amount of the actual car payment, up to but not exceeding the monthly maximum. (e.g., Affiliate with a €700 car payment would only receive a bonus of €700).

V1.02

Bonus Requirements• Car must be new and in white

color only .• Purchase or lease is acceptable.• Must place the MyCenterbid

logo visible on the car.• Be in good standing and have

minimum 100PV each month.The 100PV bids must be used each month.

• Group must have 100PV eachThe PV bids must be used each month.

• The PV qualification must be met each month.


DREAM HOME BONUS

TEN WHO GET FIVE WHO GET FIVE!

When an Affiliate achieves the bonus requirements, MyCenterbid will pay him/her up to €3,000per month as a Dream Home Bonus.

An Affiliate must have an Active Status at 11:59:59 PM (Midnight) GMT on the last day of the monthly pay period to be qualified to earn the Dream Home Bonus for the following month.

The Affiliate must also have submitted either a copy of the home financing agreement or payment receipt by the fifteenth day of the month following the month in which he/she first achieves the bonus. Documentation must be submitted in a form acceptable to MyCenterbid to prove purchase or leasing of a home.

Dream Home Bonuses are paid to the Affiliate monthly, on the 30th of each month as long as affiliate qualifies for the bonus.

Refer ten who get five who get five. Qualifying organization must be in good standing and meet the monthly PV requirements every month.

Dream Home Bonus - Fineprint

NOTE: MyCenterbid will issue a bonus to the Affiliate in the amount of the actual home payment, up to but not exceeding the monthly maximum €3000. (e.g., Affiliate with a €2500 home payment would only receive a bonus of €2500).

V1.02

Bonus Requirements• Can be a new home or

affiliates existing home. • Can be an apartment, condo,

or house.• Can be leased or purchased.• Must fully document that

residence belongs to the Affiliate.

• Be in good standing and have minimum 300PV each month.

• 300 PV bids must be used each month

• Group must have 100PV eachPV bids must be used.


Get Started Today!

Get registered in MyCenterbid today, it’s quick and easy.

Simply talk to the person that invited you this presentation and ask for his or her MyCenterbid website.

If you do not want to be a part of the MyCenterbid opportunity, but rather would like to receive COMPLIMENTARY BIDS for bidding at auctions, simply get

back to the person that invited you to this presentation and ask for their Centerbid website.

We hope to see you in our systems real soon!

Larus Palmi MagnussonCEO MyCenterbid Ltd.


Mycenterbid bonusplan v1.01

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