Status: Unreviewed

Position Transfer Application

How to apply for an IA position transfer.

Form Version: November 2025

When Transfer May Be Permitted

Position transfers are restricted and only permitted in specific circumstances:

Circumstance	Permitted	Reference
Death of IA	Yes	P&P Section 7.1
Incapacity	Case-by-case	P&P Section 7.1
Entity conversion (same owner)	Yes	P&P Section 7.3
Divorce/separation	Yes	P&P Section 2.7
Sale to third party	No	P&P Section 7.2
Gift to friend/family	No	P&P Section 7.2

Transfer Application Form

Submit to: compliance@corsairconnect.com

Section 1: Current Account Information

Field	Required
Current Account Holder Name	Yes
IA Identification Number	Yes
Account Email	Yes
Phone Number	Yes
Current Rank	Yes
Business License Status	Yes
Account Type (Individual/Entity)	Yes

Section 2: Transfer Type

Select the applicable transfer type:

Type	Check
Death Transfer	☐
Incapacity Transfer	☐
Entity Conversion	☐
Divorce/Separation	☐
Other (specify)	☐

If "Other," explain:

Section 3: Proposed Transferee Information

Field	Required
Full Legal Name	Yes
Date of Birth	Yes
Email Address	Yes
Phone Number	Yes
Mailing Address	Yes
Relationship to Current Holder	Yes
Existing IA? (Yes/No)	Yes
If Yes, Existing IA ID	If applicable

Section 4: Transfer Reason

Provide detailed explanation for the transfer request:

Question	Response Required
Why is transfer being requested?	Yes
Date of triggering event	Yes
Is this transfer court-ordered?	Yes
Are there any disputes regarding this transfer?	Yes

Section 5: Required Documentation

Check all documents being submitted:

For Death Transfers

Certified Death Certificate
Will or Trust Document (if applicable)
Letters Testamentary / Letters of Administration
Beneficiary Identification
Affidavit of Heirship (if no will)

For Incapacity Transfers

Medical Documentation of Incapacity
Power of Attorney
Court-Appointed Guardian/Conservator Documentation
Physician's Statement

For Entity Conversion

Current Entity Documents (if applicable)
New Entity Formation Documents
Proof of Same Beneficial Ownership
Operating Agreement / Bylaws
EIN/Tax ID for New Entity

For Divorce/Separation

Section 6: Acknowledgments

Current Account Holder (or Authorized Representative)

By signing, I acknowledge:

I am the current holder of the IA position or legally authorized representative

The information provided is true and accurate

I understand the transfer is subject to company approval

I agree to cooperate with verification requests

I understand my position rights terminate upon approved transfer

I release any claims to the position once transferred

Field	Required
Printed Name	Yes
Signature	Yes
Date	Yes
Capacity (Self/Executor/POA/Other)	Yes

Proposed Transferee

By signing, I acknowledge:

I meet all eligibility requirements to become an IA

I have read and agree to the IA Agreement, Policies and Procedures, and Compensation Plan

I understand the position is transferred "as is"

I accept all obligations of the IA position

I agree to complete KYC verification

I understand past performance does not guarantee future results

Field	Required
Printed Name	Yes
Signature	Yes
Date	Yes

Section 7: Witness (Required for Death/Incapacity)

Field	Required
Witness Name	Yes
Witness Signature	Yes
Date	Yes
Relationship to Parties	Yes

What Transfers With the Position

Item	Transfers
Downline organization	Yes
Current rank	Yes (may require requalification)
OCA balance	Per agreement/court order
BW balance	Yes
Pending CSR deliveries	Yes
Commission history	Records transfer
Compliance history	Records transfer

What Does NOT Transfer

Item	Notes
Unpaid commissions	May be paid to estate/original holder
Personal relationships	New holder must build own relationships
Training certifications	May need to recertify
Special recognitions	Historical, non-transferable

Processing

Timeline

Stage	Timeframe
Receipt acknowledgment	2 business days
Document review	5-10 business days
Verification	5-10 business days
Decision	5-10 business days
Implementation	5 business days
Total typical	4-6 weeks

Possible Outcomes

Decision	Next Steps
Approved	Position transferred, new holder notified
Approved with conditions	Must meet conditions before transfer
Denied	Written explanation provided
More information needed	Request sent, timeline paused

Fees

Transfer Type	Fee
Death transfer	None
Incapacity transfer	None
Entity conversion	$100
Divorce/separation	None

Important Restrictions

Waiting Periods (P&P 2.6)

If transfer is denied or position is voluntarily cancelled:

Situation	Waiting Period
Re-enrollment by former holder	12 months
Enrollment under same sponsor	12 months
Fresh start under new sponsor	12 months

Prohibited Transfers

Type	Status
Sale for compensation	Prohibited
Transfer to avoid sanctions	Prohibited
Transfer to circumvent territory restrictions	Prohibited
Transfer to someone previously terminated	Prohibited

Submission Checklist

Before submitting, verify:

All sections completed
All required signatures obtained
All required documents attached
Documents are legible copies
Death certificates are certified copies
Court documents are official copies
Transferee meets eligibility requirements

Contact

Questions about position transfers:

Email: compliance@corsairconnect.com
Subject: Position Transfer Application - [Current IA ID]

When Transfer May Be Permitted​

Transfer Application Form​

Section 1: Current Account Information​

Section 2: Transfer Type​

Section 3: Proposed Transferee Information​

Section 4: Transfer Reason​

Section 5: Required Documentation​

For Death Transfers​

For Incapacity Transfers​

For Entity Conversion​

For Divorce/Separation​

Section 6: Acknowledgments​

Current Account Holder (or Authorized Representative)​

Proposed Transferee​

Section 7: Witness (Required for Death/Incapacity)​

What Transfers With the Position​

What Does NOT Transfer​

Processing​

Timeline​

Possible Outcomes​

Fees​

Important Restrictions​

Waiting Periods (P&P 2.6)​

Prohibited Transfers​

Submission Checklist​

Contact​

Related Documentation​