Commission Compensation. As compensation to the Agent, in full, for the performance of services as authorized in the Contract, MFG will pay commissions as set forth in the attached Schedules of Commissions. The rate of commissions may be changed, altered or amended from time to time by MFG, and effective upon any business written by the Agent subsequent to the effective date of the change. The Agent will receive at least ten (10) days prior written notice of any change in the Schedule of Commissions. Commissions are calculated on the basis of the commission rate on the effective date of the policy and of original commissionable policy premium, unless the commissionable policy premium is decreased, at which time commission will be paid on the decreased premium. Commissions are not payable on administrative fees or policy application fees. In the event MFG’s commissions on any in-force premium are reduced, commissions to the Agent on the same in-force premium may be reduced in the same proportion. If commissions on any premiums must be refunded by MFG to the COs, the Agent shall repay to MFG corresponding commissions that may have been previously paid to the Agent. Commission advances are at the sole discretion of MFG, and may be changed at any time by MFG without prior notice. Each advance paid to the Agent will be charged (debited) to the Agent’s account, and MFG will credit the Agent’s account with all commissions earned by the Agent. The Agent who receives commission advances from MFG may not market directly or indirectly the same or similar product through other commission sources within the same insurance company.
Commission Compensation. As compensation for the services rendered by Independent Contractor under this Agreement, the Independent Contractor shall be entitled to commissions on sales as follows:
A. The Independent Contractor shall be entitled to 70% (commission share) of the Gross Commissions received by the Travel Agency for sales of travel or services by the Independent Contractor. All expenses relating to these sales shall be borne by the Independent Contractor. Payment shall be made to Independent Contractor within two weeks after completion of travel by client unless supplier has not paid the commission to the Travel Agency in this length of time. Otherwise, they shall be paid to the Independent Contractor after clear funds have been received by the Travel Agency. Independent Contractor shall also be entitled to 70% of the Gross Commissions, if they are booking for their own travel. Independent Contractor agrees not to share or publish their commission share.
B. Travel Agency is entitled to see what bookings are being made in the name of the Travel Agency, so Independent Contractor may also have suppliers email confirmations sent directly to them, but Travel Agency does not permit the Independent Contractor to “Change” the E-Mail address that is in the Travel Agency profile with suppliers. Independent Contractor shall not conduct travel business outside of Travel Agency or their registered suppliers for commission. Independent Contractor may use third party travel companies when not being compensated.
Commission Compensation. Unless the parties mutually agree to amend and extend the Term of this Agreement or enter into a new Consulting Services Agreement upon mutually agreeable terms, Client will pay Catalyst a Three and One Half percent (3.5%) commission fee based on the Net Revenues for any particular Transaction entered into with any Enterprise Target which has been accepted by Client during the term of this Agreement or within 3 months after Termination. The Commission shall apply to specific Opportunities identified by Catalyst plus “joint effort” Enterprise Targets agreed upon by Client and Catalyst, All commissions are due and payable thirty (30) days after Client receives a payment giving rise to the commission obligation from the Enterprise Target. The “Net Revenue” means the amount actually received by Company from a Transaction with an Enterprise Target, less returns credits, allowances, adjustments, freight, taxes, insurance, and the value of any swap or trade-in products.
Commission Compensation. This Agent Compensation Schedule sets out the terms of payment of Compensation under the GK Agreement. In the event of any discrepancy between the terms of this Schedule and the Agreement, the Agreement shall prevail. Compensation is subject to change when changes are made by GK to its Financial Services programs.
Commission Compensation. Commission representatives shall be compensated at a rate established in the annual LAFD Commission budget. Elected officials appointed to the Fire Commission are ineligible for compensation pursuant to state statute.
Commission Compensation. As compensation to the Agent, in full, for the performance of services as authorized in the Contract, PPI will pay commissions as set forth in the attached Schedules of Commission. Since the CO’s typically modify their commission agreements annually (or occasionally more often) the rate of commissions may be changed, altered or amended from time to time by COs, and effective upon any business written by the Agent subsequent to the effective date of the change or as the COs may require. Typical reasons for a commission adjustment would be: an increase of commission due to higher production, or a modification (increase or decrease) based on a change from the insurance company commission schedule to PPI. The Agent will receive at least five (5) business days’ prior written notice of any change in the Schedule of Commissions, if notice is so provided to PPI. Commissions are calculated on the basis of the commission rate on the effective date of the policy in the original commissionable policy premium (or per member per month rates), unless the commissionable policy premium/rate is decreased, at which time commission will be paid on the decreased premium/rate. Commissions are not payable on administrative fees or policy application fees. In the event that PPI’s commissions on any in-force premium are reduced, commissions to the Agent on the same in-force premium may be reduced in the same proportion. If commissions on any premiums must be refunded by PPI to the COs, the Agent shall repay to PPI corresponding commissions that may have been previously paid to the Agent or sub agents. Commission advances are the sole discretion of PPI, and may be changed at any time by PPI without prior notice. Each advance paid to the Agent will be charged (debited) to the Agent’s account, and PPI will credit the Agent’s account with all commissions earned by the Agent. The Agent and any/all affiliates may not market directly or indirectly the same or similar product through other commission sources within the same insurance company.
Commission Compensation. The Company agrees to pay commissions to Xxxxxxx for the 2015 Commission Year, calculated at 15% of the Commission Year's "Adjusted Gross Margin" on the Vertex Refining and Marketing book of business managed by Xxxx Xxxxxxx (the “Earned Bonus Commission”). All payment schedules and installments to be the same as prior years.
Commission Compensation. As compensation for and in full consideration for the License and for the Brand Marketing Services furnished by Creator, and Creator’s warranties, representations and covenants made herein, Company shall pay Creator ten percent (10%) of the Company’s Net Profits from the Beverage Products, which obligation may be converted into shares of the Company’s common stock upon mutually agreement.
Commission Compensation. The net commission is defined as the commission to the Travel Agency minus any fees the agent has incurred like postage and other business related expenses. The commissions paid to the Affiliate are as follows: 70% - Affiliate books travel
Commission Compensation. The compensation for the commission incurred by OOO HAMURABI will be provided by the end of first week of each month, which will disclose all compensation/commission for the prior month of service. Section
