Effective Date: September 2026 | Document ID: FM-LEGAL-2026-V1.0 | Governing Law: Delaware / United States
1. Recitals & Purpose of Engagement
This Master Agreement is entered into between Future Millionaires LLC ("Operator / Company") and the participating client or account partner ("Client"). The Operator specializes in multi-channel e-commerce marketing, masterclass education, and TikTok Shop store operations.
2. TikTok Shop Rental Terms & 10% Net Profit Distribution
Where Client designates an eligible TikTok Shop Seller Account for agency operation:
- Monthly Net Profit Distribution: Client is entitled to receive exactly ten percent (10%) of the verifiable net profits generated by the designated store each calendar month.
- Calculation Methodology: Net Profit is defined as Gross Sales minus Cost of Goods Sold (COGS), TikTok platform transaction fees, returns/refunds, and direct advertising expenditures.
- Payment Schedule & Methods: Payouts shall be disbursed on or before the fifth (5th) business day of each succeeding month via Zelle, Cash App, wire, or agreed alternative payment methods.
3. Dedicated CPA Structuring & Tax Accountability Clause
To ensure proper accounting and transparent tax administration:
- 100% Filing Fee Paid by FM: Future Millionaires engages a Certified Public Accounting (CPA) firm and assumes full responsibility for paying all accounting and tax filing preparation fees on behalf of the store operations.
- Client Tax Responsibility: Client is solely accountable for reporting and paying any personal income taxes owed on their individual 10% net profit share.
- End-of-Year Documentation: Client will receive a prepared Form 1099 or equivalent summary ready for individual income declaration.
4. $100 Referral Incentive Program
Any registered partner who refers a new participant resulting in an activated TikTok Shop rental store shall receive a one-time referral fee of One Hundred Dollars ($100.00 USD) paid via Zelle or Cash App. This reward is payable upon the referred store completing its initial month of live operational sales and first profit distribution cycle.
5. Confidentiality & Proprietary Information
All training modules, product research methodologies, supplier relationships, Discord masterclass recordings, and operational scripts provided by Future Millionaires are proprietary and protected under intellectual property statutes.
Digital Signature Confirmation
By typing your full legal name below, you acknowledge and agree to the terms of this Master Services Agreement.