Common use of Bonus and Commission Qualifications Clause in Contracts

Bonus and Commission Qualifications. A Business Partner must be active and in compliance with the Agreement to qualify for bonuses and commissions. So long as a Business Partner complies with the terms of the Agreement, Xxxxx shall pay commissions to such Business Partner in accordance with the Global Compensation plan. The minimum amount for which Xxxxx will issue a bank check or draft in U.S. currency is ten U.S. dollars ($10). If a Business Partner's bonuses and commissions do not equal or exceed ten U.S dollars ($10), the Company will accrue the commissions and bonuses until they total ten U.S. dollars ($10). A payment will be issued once ten U.S. dollars ($10) has accrued. Payment policies for bonuses and commissions in currencies other than the U.S. dollar will be established from time to time by the Company. Bonuses and commissions will be calculated, and checks will be issued, on or before the fifteenth day of each month.

Appears in 2 contracts

Samples: download.kyani.net, download.kyani.net

AutoNDA by SimpleDocs

Bonus and Commission Qualifications. A Business Partner Distributor must be active and in compliance with the Agreement to qualify for bonuses and commissions. So long as a Business Partner Distributor complies with the terms of the Agreement, Xxxxx shall pay commissions to such Business Partner Distributor in accordance with the Global Compensation plan. The minimum amount for which Xxxxx will issue a bank check or draft in U.S. currency is ten U.S. dollars ($10). If a Business PartnerDistributor's bonuses and commissions do not equal or exceed ten U.S dollars ($10), the Company will accrue the commissions and bonuses until they total ten U.S. dollars ($10). A payment will be issued once ten U.S. dollars ($10) has accrued. Payment policies for bonuses and commissions in currencies other than the U.S. dollar will be established from time to time by the Company. Bonuses and commissions will be calculated, and checks will be issued, on or before the fifteenth day of each month.

Appears in 2 contracts

Samples: www.truthinadvertising.org, assets.kyani.net

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!