Agents who are executing on a Marketing Plan approved by Elegran Marketing, and wish to spend above and beyond their General Marketing Budget provided by Elegran, Elegran will co-invest with its Agents on marketing initiatives after an agent has exhausted their General Marketing Budget. Agents have the option to spend above their marketing budget on marketing activities as described in the Marketing Budget Policy, excluding holiday or client gifting. All marketing activities covered by the co-investment structure are to be pre-approved by the respective agent marketing manager and paid out of pocket by the agent. Elegran’s co-investment portion in said activities are to be reimbursed quarterly to the agent.

Such co-investment investment shall be at an Agents personal/self-generated split.  For example, an agent who is at a 65% and intends to spend $1,000 on an approved marketing campaign, the Agent will be responsible for $650 of the spend and Elegran will reimburse the Agent for $350 of the spend at the end of each quarter.