Common use of CMI Sales Commissions Clause in Contracts

CMI Sales Commissions. The Company shall pay to the Executive sales commissions on the CMI Fees (as defined below) generated by the sales efforts of the Executive (the "CMI Sales Commissions"). The CMI Sales Commissions shall be in an amount up to (i) 25% of the amount (subject to allocation as described in subsection (d), below) of the CMI Fees for the first year of business from a CMI Employer (as defined below), which CMI Fees were generated by the sales efforts of the Executive, plus (ii) 25% of the amount (subject to allocation as described in subsection (d), below) of the increase in CMI Fees from one Calendar Year to the next Calendar Year from CMI Employers who are part of group rating plans of CMI, which CMI Fees were generated by the sales efforts of the Executive. CMI Sales Commissions shall be payable on CMI Fees applicable to CMI Employers located in any state or jurisdiction in which CMI is authorized and approved to conduct business. With respect to a business acquisition by CMI (whether such acquisition is structured as an asset, stock, merger, or other similar type of transaction), no CMI Sales Commissions shall be payable with respect to any fees received by CMI from any employer who, at the time of such acquisition, was a client or customer of the business acquired by CMI, except to the extent payable pursuant to (ii) of this subsection (a).

CMI Sales Commissions. The Company shall pay to the Executive Employee sales commissions on the CMI Fees (as defined below) generated by the sales efforts of the Executive Employee (the "CMI Sales Commissions"). The CMI Sales Commissions shall be in an amount up to (i) 25% of the amount (subject to allocation as described in subsection (d), below) of the CMI Fees for the first year of business from a CMI Employer (as defined below), which CMI Fees were generated by the sales efforts of the ExecutiveEmployee, plus (ii) 25% of the amount (subject to allocation as described in subsection (d), below) of the increase in CMI Fees from one Calendar Year (as defined in (c), below) to the next Calendar Year from CMI Employers who are part of group rating plans of CMI, which CMI Fees were generated by the sales efforts of the ExecutiveEmployee. CMI Sales Commissions shall be payable on CMI Fees applicable to CMI Employers located in any state or jurisdiction in which CMI is authorized and approved to conduct business. busineSection With respect to a business acquisition by CMI (whether such acquisition is structured as an asset, stock, merger, or other similar type of transaction), no CMI Sales Commissions shall be payable with respect to any fees received by CMI from any employer who, at the time of such acquisition, was a client or customer of the business acquired by CMI, except to the extent payable pursuant to (ii) of this subsection (a), above.

CMI Sales Commissions. The Company shall pay to the Executive Employee sales commissions on the CMI Fees (as defined below) generated by the sales efforts of the Executive Employee (the "CMI Sales Commissions"). The CMI Sales Commissions shall be in an amount up to (i) 25% of the amount (subject to allocation as described in subsection (d), below) of the CMI Fees for the first year of business from a CMI Employer (as defined below), which CMI Fees were generated by the sales efforts of the ExecutiveEmployee, plus (ii) 25% of the amount (subject to allocation as described in subsection (d), below) of the increase in CMI Fees from one Calendar Year (as defined in (e), below) to the next Calendar Year from CMI Employers who are part of group rating plans of CMI, which CMI Fees were generated by the sales efforts of the ExecutiveEmployee. CMI Sales Commissions shall be payable on CMI Fees applicable to CMI Employers located in any state or jurisdiction in which CMI is authorized and approved to conduct business. With respect to a business acquisition by CMI (whether such acquisition is structured as an asset, stock, merger, or other similar type of transaction), no CMI Sales Commissions shall be payable with respect to any fees received by CMI from any employer who, at the time of such acquisition, was a client or customer of the business acquired by CMI, except to the extent payable pursuant to (ii) of this subsection (a), above.

CMI Sales Commissions. The Company shall pay to the Executive sales commissions on the CMI Fees (as defined below) generated by the sales efforts of the Executive (the "CMI Sales Commissions"). The CMI Sales Commissions shall be in an amount up to (i) 25% of the amount (subject to allocation as described in subsection (d), below) of the CMI Fees for the first year of business from a CMI Employer (as defined below), which CMI Fees were generated by the sales efforts of the Executive, plus (ii) 25% of the amount (subject to allocation as described in subsection (d), below) of the increase in CMI Fees from one Calendar Year to the next Calendar Year from CMI Employers who are part of group rating plans of CMI, which CMI Fees were generated by the sales efforts of the Executive. CMI Sales Commissions shall be payable on CMI Fees applicable to CMI Employers located in any state or jurisdiction in which CMI is authorized and approved to conduct business. busineSection With respect to a business acquisition by CMI (whether such acquisition is structured as an asset, stock, merger, or other similar type of transaction), no CMI Sales Commissions shall be payable with respect to any fees received by CMI from any employer who, at the time of such acquisition, was a client or customer of the business acquired by CMI, except to the extent payable pursuant to (ii) of this subsection (a).

CMI Sales Commissions. The Company shall pay to the Executive Employee sales commissions on the CMI Fees (as defined below) generated by the sales efforts of the Executive Employee (the "CMI Sales Commissions"). The CMI Sales Commissions shall be in an amount up to (i) 25% of the amount (subject to allocation as described in subsection (d), below) of the CMI Fees for the first year of business from a CMI Employer (as defined below), which CMI Fees were generated by the sales efforts of the ExecutiveEmployee, plus (ii) 25% of the amount (subject to allocation as described in subsection (d), below) of the increase in CMI Fees from one Calendar Year to the next Calendar Year from CMI Employers who are part of group rating plans of CMI, which CMI Fees were generated by the sales efforts of the ExecutiveEmployee. CMI Sales Commissions shall be payable on CMI Fees applicable to CMI Employers located in any state or jurisdiction in which CMI is authorized and approved to conduct business. With respect to a business acquisition by CMI (whether such acquisition is structured as an asset, stock, merger, or other similar type of transaction), no CMI Sales Commissions shall be payable with respect to any fees received by CMI from any employer who, at the time of such acquisition, was a client or customer of the business acquired by CMI, except to the extent payable pursuant to (ii) of this subsection (a).