Going from 6 month chargeback period to 24 month chargeback period. The chargeback goes down over time. Only sales made after the changes go into effect will be charged back after month 6. The chargeback will be a dollar amount instead of a unit and will carry over even if you change roles. The commission vesting period will change to 2 years (commissions are just “advanced to you” before that). That means when you quit your last 1 or 2 commission checks can be held for 2 years with chargebacks deducted. They could even send you a bill.
0-6 months 100% chargeback
6-12 months 75% chargeback
12-18 months 50% chargeback
18-24 months 100% chargeback
It is supposed to start April 1