Basis of Commission. The Commission shall apply to all orders solicited by Rep from the Territory that have been accepted by Company and for which shipment has occurred. No commissions shall be paid on (i) orders from outside the Territory (even if Rep receives the initial inquiry from outside the Territory) unless otherwise agreed in writing by Company. Commissions shall be computed on the net amount paid by customer.
Basis of Commission. The Commission shall apply to all sales orders from customers solicited by Direct Selling Agent. (Customers defined as an individual or a company who have bought the product/services from the Direct Selling Agent for their own use.) No commissions shall be paid on (i) orders solicited directly by Company within the Territory; (ii) orders received from outside the Territory unless otherwise agreed in writing by Company. (iii) No commission will be paid to the Direct Selling Agent until 100% payment pertaining to the order is received. The company reserves the right to change the commission / prices on products as and when required.
Basis of Commission. The Commission shall apply to all orders solicited by Representative from the Territory that have been accepted by Company and for which shipment has occurred. No commissions shall be paid on (i) orders solicited by Company within the Territory; (ii) orders received from outside the Territory (even if Representative receives the initial inquiry from outside the Territory) unless otherwise agreed in writing by Company. Commissions shall be computed on the net amount billed by Company to the customer, and no commission shall be paid with respect to charges for handling, freight, sales taxes, C.O.D. charges, insurance, import duties, trade discounts, research and/or demonstration grants from the Company to the customer, repairs, services, and the like; or (iii) sales to following specified accounts:
Basis of Commission. (a) The commission shall apply to all Net Collected Sales that occur during the Term, whether or not they occurred as a result of Services by Representative.
Basis of Commission. The Commissions shall be computed on the net sales amount invoiced by Company to the customer. Provided that no commission shall be payable by the Company with respect to charges for handling, freight, taxes, cash on delivery charges, insurance, tariffs and duties, cash and trade discounts, rebates, amounts allowed or credited for returns, uncollected or uncollectible amounts, services, and the like.
Basis of Commission. Company shall pay commissions to Distributor based on Qualified Xxxxxxxx only. For purposes of this Agreement, "Qualified Xxxxxxxx" means xxxxxxxx by Company to End User customers, net of taxes, governmental levies or fees, and shipping and handling charges, based on Products sold pursuant to an accepted Pre-Sales Registration and for which the End User requests delivery by Company within 90 days after Company has accepted such Pre-Sales Registration. No payments will be due to Distributor on any amounts billed by Company to customers subsequent to 90 days after acceptance of Pre-Sales Registration or for any maintenance renewal fees or other professional services, even if Company rendered such services in connection with the sale of the Products. If any products are returned by an End User customer, any credit given such End User customer shall reduce the Qualified Xxxxxxxx used in future commission calculations. Synplicity Confidential
Basis of Commission. The Commission shall apply to all orders solicited by Rep from the Territory that have been accepted by Company and for which shipment has occurred. No commissions shall be paid on (i) orders from outside the Territory (even if Rep receives the initial inquiry from outside the Territory) unless otherwise agreed in writing by Company. Commissions shall be computed on the net amount paid by customer. Time of Payment. The commission on a given order shall be due and payable when paid by the customer and be due within 5 days after such payment is received. Commission Advances. Company may, from time to time, make such advances to Rep as may be mutually agreed upon to support Rep’s sales, marketing, and promotional activities on behalf of Company and Products, which advances will be repaid from commissions earned. Company agrees to make one such advance of $8,000 upon execution of this Agreement. Commission Charge-Back. Company shall have the absolute right to set forth cash discounts, to make such allowances and adjustments to accept such returns from its customers, and to write off as bad debts such overdue customer accounts as it deems advisable. In each such case Company shall charge back to Rep's account any amounts previously paid or credited to it with respect to such cash discounts, allowances, adjustments, return or bad debts. Annual Inspection of Records. Rep shall have the right, at its own expense and not more than once per year, to inspect at reasonable times Company's relevant accounting records to verify the accuracy of commissions paid by Company under the terms of this Agreement. If the audit correctly reveals that Company has underpaid Rep by ten percent (10%) or more, then Company shall reimburse Rep for the cost of the audit, in addition to the amount of underpayment. Unless otherwise stipulated, this date shall be January 31 of each year. In no event shall an audit be permitted for more than the past 12 months.
Basis of Commission. The commission shall apply to all orders solicited by Agent from the Customer that have been accepted by Company 1. No commissions shall be paid on any orders solicited by Company 1. Commissions shall be computed on the net amount billed by Company 1 to the Customer, and no commission shall be paid with respect to charges for sales taxes, insurance, import duties, trade discounts, repairs, services, and the like.
Basis of Commission. Commission shall be allowed to the Broker in accordance with the Commission Schedule, which may be varied in accordance with clause 5.2, save where alternative rates have been agreed between the Parties as at the date of, or subsequent to, the date of this Agreement. Commission rates The Commission Schedule may be varied by the Insurer on giving the Broker not less than [60 days’] notice in writing. Payment of commission The Broker shall on receipt of cleared premium be entitled to deduct its commission from the Gross Premium in respect of Policies sold and placed with the Insurer. Where the Retail Premium is being paid using the Insurer Instalment Plan the commission is due and payable to the Broker when the first instalment due under the Insurer Instalment Plan is received by the Insurer. The commission due to the Broker covers all expenses that the Broker may incur and is inclusive of all applicable tax. Refunds of commission The Broker shall refund commission on the following basis: Where any part of the Retail Premium is not received by the Broker (or where an Insurer Instalment Plan is in place and an instalment has not been received), commission shall not be payable on that part and the Broker will refund to the Insurer any such commission already paid to or deducted by the Broker. In the event of cancellation or mid-term adjustments which give rise to a return of premium the Broker will promptly refund to the Insurer a proportionate amount of commission. Earliest event For the purposes of clause 5.4.1 and 5.4.2 where one or more of the events described occurs in relation to any Policy, commission will be treated as not payable or proportionally refundable as appropriate with effect from the earliest of the events.
Basis of Commission. Commission shall be computed on the “Net Sales Amount” invoiced by PMI to the ISR, or its customer, provided no commission shall be paid with respect to charges for handling, freight, taxes, C.O.D. charges, insurance, tariffs and duties, cash and trade discounts, rebates, amounts allowed or credited for returns, uncollected or uncollectible amounts, services, and the like. These include discounts or promotional pricing that are provided directly to customers.
