Accrued Commissions Sample Clauses

Accrued Commissions. Upon termination of this Agreement, the Independent Sales Representative's right to any Gross Commission paid or collected prior to the date of termination shall not be affected by reason of such termination, except in accordance with section 14.3 herein. With respect to Independent Sales Representative's Real Estate Transactions commenced but not completed until after the termination date, the Brokerage shall be entitled to charge the Independent Sales Representative and pay itself from the Gross Commission a fee to defray the costs and expenses attributed to servicing and completing the Real Estate Transaction after termination of this Agreement, and the Independent Sales Representative shall be paid his or her entitlement to the Gross Commission in accordance with the Compensation Plan which would have been in effect as at the date of payment but for the termination.
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Accrued Commissions. Upon termination of this Agreement, the Independent Sales Representative’s right to any commission which accrued prior to the date of termination shall not be affected by reason of such termination. With respect to Independent Sales Representative’s Real Estate Transaction commenced but not completed until after the termination date, Tuskers Realty Inc. shall be entitled to charge the Independent Sales Representative a fee to defray the costs and expenses attributed to servicing and completing the Real Estate Transaction after the termination of this Agreement.
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Accrued Commissions. Represents liability to agents for commissions earned on sales of Ferro products invoiced by Ferro directly to customers.
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Accrued Commissions. Accruals for commissions shall be included in Working Capital in the Completion Statement based on actual installs per sales channels
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Accrued Commissions. Accrued Commissions are calculated based on the face amount of Initial Payments/Letters of Credit/Guarantee and are charged at a rate of 2% for each ten calendar days beginning with the date IHI funds the Associate/causes the Letter of Credit/Guarantee (see Para. 7 for details of Letter of Guarantee Accrued Commissions) to be issued, are fully earned for each ten calendar day period on the first day of each period, and continue to accrue until the date full payment in immediately available funds is received by IHI.
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Accrued Commissions. The Hatteras Sellers pay commissions to sales employees, who earn commissions at specified rates based on upon the dollar amount of assets raised during the applicable period. Commissions are accrued on a monthly basis. Commissions are paid in arrears to the employee, approximately 30 days after the period ends in which the commissions were earned. Bonuses and incentive fees – Under the Hatteras Sellers’ bonus plans, bonus amounts based on a percentage of net income are accrued on a monthly basis and paid to recipients on an annual basis. Incentive fees earned and lost from the Hatteras Sellers’ investment vehicles are accrued monthly or quarterly and are generally payable on an annual basis after the end of the calendar year.
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Related to Accrued Commissions

  • Accrued Compensation On any termination of the Executive’s employment with the Company Group, the Executive will be entitled to receive all accrued but unpaid vacation, expense reimbursements, wages, and other benefits due to the Executive under any Company-provided plans, policies, and arrangements.

  • Accrued Salary On the Separation Date, the Company will pay you all accrued salary earned through the Separation Date, subject to standard payroll deductions and withholdings. You will receive these payments regardless of whether or not you sign this Agreement.

  • Accrued Amounts The Company shall pay to the Executive all other amounts accrued or earned by the Executive through the Termination Date and amounts otherwise owing under the then existing plans and policies of the Company, including but not limited to all amounts of compensation previously deferred by the Executive (together with any accrued interest thereon) and not yet paid by the Company, and any accrued vacation pay not yet paid by the Company.

  • Accrued Salary and Paid Time Off On the Separation Date, the Company will pay you all accrued salary, and all accrued and unused vacation earned through the Separation Date, subject to standard payroll deductions and withholdings. You are entitled to these payments by law.

  • Accrued Obligations Expiration or termination of this Agreement for any reason shall not release either Party from any obligation or liability which, at the time of such expiration or termination, has already accrued to the other Party or which is attributable to a period prior to such expiration or termination.

  • Accrued Compensation and Benefits Notwithstanding anything to the contrary in Section 2 and 3 above, in connection with any termination of employment upon or following a Change in Control (whether or not a Qualifying Termination or CIC Qualifying Termination), the Company or its subsidiary shall pay Executive’s earned but unpaid base salary and other vested but unpaid cash entitlements for the period through and including the termination of employment, including unused earned vacation pay and unreimbursed documented business expenses incurred by Executive prior to the date of termination (collectively “Accrued Compensation and Expenses”), as required by law and the applicable Company or its subsidiary, as applicable, plan or policy. In addition, Executive shall be entitled to any other vested benefits earned by Executive for the period through and including the termination date of Executive’s employment under any other employee benefit plans and arrangements maintained by the Company or its subsidiary, as applicable, in accordance with the terms of such plans and arrangements, except as modified herein (collectively “Accrued Benefits”). Any Accrued Compensation and Expenses to which the Executive is entitled shall be paid to the Executive in cash as soon as administratively practicable after the termination, and, in any event, no later than two and one-half (2-1/2) months after the end of the taxable year of the Executive in which the termination occurs or at such earlier time as may be required by applicable law or Section 10 below, and to such lesser extent as may be mandated by Section 9 below. Any Accrued Benefits to which the Executive is entitled shall be paid to the Executive as provided in the relevant plans and arrangements.

  • Accrued Rights Termination or expiration of this Agreement for any reason shall be without prejudice to any rights that shall have accrued to the benefit of a Party prior to such termination or expiration. Such termination or expiration shall not relieve a Party from obligations that are expressly indicated to survive the termination or expiration of this Agreement.

  • Accrued Benefits The term "Accrued Benefits" shall include the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive's employment for reasonable and necessary expenses incurred by the Executive on behalf of the Company and its Affiliates for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; (iv) notwithstanding any provision of any bonus or incentive compensation plan applicable to the Executive, a lump sum amount, in cash, equal to the sum of (A) any bonus or incentive compensation that has been allocated or awarded to the Executive for a fiscal year or other measuring period under the plan that ends prior to the Termination Date but has not yet been paid (pursuant to Section 5(f) or otherwise) and (B) a pro rata portion to the Termination Date of the aggregate value of all contingent bonus or incentive compensation awards to the Executive for all uncompleted periods under the plan calculated as to each such award as if the Goals with respect to such bonus or incentive compensation award had been attained; and (v) all other payments and benefits to which the Executive (or in the event of the Executive's death, the Executive's surviving spouse or other beneficiary) may be entitled as compensatory fringe benefits or under the terms of any benefit plan of the Employer, including severance payments under the Employer's severance policies and practices in the form most favorable to the Executive that were in effect at any time during the 180-day period prior to the Effective Date. Payment of Accrued Benefits shall be made promptly in accordance with the Employer's prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii), (iv) and (v), pursuant to the terms of the benefit plan or practice establishing such benefits.

  • Severance Payments; Salary and Benefits The Company agrees to provide Employee with the severance payments and benefits described in Section 4(b) of the Employment Agreement, payable at the times set forth in, and subject to the terms and conditions of, the Employment Agreement. In addition, to the extent not already paid, and subject to the terms and conditions of the Employment Agreement, the Company shall pay or provide to Employee all other payments or benefits described in Section 3(c) of the Employment Agreement, subject to and in accordance with the terms thereof.

  • Base Salary and Benefits a. During the Employment Period, Executive's base salary shall be $180,000 per annum (the "Base Salary"), which salary shall be payable in regular installments in accordance with the Company's general payroll practices, including those related to withholding for taxes, insurance and similar items. Executive's Base Salary shall be increased on January 1 of each calendar year, commencing January 1, 1998, by the Adjustment Percentage (as defined below) of the Base Salary applicable to the previous fiscal year. As used herein, "

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