Commission Levels Sample Clauses
The Commission Levels clause defines the specific rates or percentages of commission that a party is entitled to receive for sales or transactions under the agreement. Typically, this clause outlines how commissions are calculated, whether they vary by product, service, or sales volume, and may include thresholds or tiers that trigger different commission rates. By clearly establishing the structure and conditions for earning commissions, this clause ensures transparency and helps prevent disputes over compensation.
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Commission Levels. The Independent Sales Representative shall have sole discretion and control in agreeing with buyers and/or sellers or such other parties involved in Real Estate Transactions on the amount of the commission to be charged in respect of any Independent Sales Representative's Real Estate Transaction.
Commission Levels. Compensation payable on a NJ TDB and HI TDI shall be paid in accordance with the following schedules, as determined by the Eligibility Requirements described below. The Graded Commission Level applicable in any one calendar year applies only for that calendar year and is based on results of prior year annual premium and policy count. The Graded Commission Level applicable for any given calendar year will apply to all new and in- force NJ TDB and HI TDI business during that calendar year. Producer 1-124 or $1 to $249,999 Premier Producer 125 or more or $ 250,000 and above $5,000 or less 10.0% 21.0% $5,001 - $10,000 7.5% 15.0% $10,001 - $25,000 5.0% 12.0% $25,001 - $50,000 3.0% 10.0% $50,001- $100,000 2.0% 6.0% $100,001-$250,000 1.5% 3.0% $250,001-$500,000 1.0% 2.0% $500,001 or more 0.75% 1.0% Producer 1-124 or $1 to $249,999 Premier Producer 125 or more or $ 250,000 and above $5,000 or less 10.0% 16.0% $5,001 - $10,000 7.5% 9.0% $10,001 - $25,000 5.0% 6.0% $25,001 - $50,000 3.0% 3.6% $50,001- $100,000 2.0% 2.4% $100,001-$250,000 1.5% 1.8% $250,001-$500,000 1.0% 1.2% $500,001 or more 0.75% 0.9% This is the Schedule J to the Group Insurance Producer Agreement (“Agreement”). Effective January 1, 2019, this Schedule J replaces any prior Schedule J previously attached to the Agreement. All references below to “Schedule J” refer to this amended Schedule J, and not to any prior Schedule J. The purpose of this Schedule J is to describe Additional Compensation to be paid to Producer upon meeting the criteria described herein. For the purposes of this Schedule J, “The Hartford” includes The Hartford Life and Accident Insurance Company, Hartford Fire Insurance Company, ▇▇▇▇▇▇▇ Resolution Life Insurance Company (formerly known as Hartford Life Insurance Company), and Aetna Life Insurance Company. The production and retention experience for The Hartford Life and Accident Insurance Company, Hartford Fire Insurance Company, ▇▇▇▇▇▇▇ Resolution Life Insurance Company (formerly known as Hartford Life Insurance Company), and Aetna Life Insurance Company are combined for the purposes of this schedule. The Hartford Life and Accident Insurance Company is responsible for paying compensation on business written by The Hartford Life and Accident Insurance Company. The Hartford Fire Insurance Company is responsible for paying compensation on business written by Hartford Fire Insurance Company. ▇▇▇▇▇▇▇ Resolution Life Insurance Company (formerly known as Hartford Life Insurance Compa...
Commission Levels. Compensation payable on a NY DBL shall be paid in accordance with the following schedules, as determined by the Eligibility Requirements described below. The Graded Commission Level applicable in any one calendar year applies only for that calendar year and is based on results of prior year annual premium and policy count. The Graded Commission Level applicable for any given calendar year will apply to all new and in-force NY DBL business during that calendar year.
Commission Levels. Following the product launch of DSC127, Derma shall maintain the commissions paid to its sales representatives with respect to Licensed Products at or above the percentage level of those commissions that Derma paid to its sales representatives with respect to Licensed Products before that product launch. *** This material has been omitted pursuant to a request for a confidential treatment and filed separately with the Securities and Exchange Commission.
Commission Levels. Compensation payable on a NY DBL shall be paid in accordance with the following schedules, as determined by the Eligibility Requirements described below. The Graded Commission Level applicable in any one calendar year applies only for that calendar year and is based on results of prior year annual premium and policy count. The Graded Commission Level applicable for any given calendar year will apply to all new and in-force NY DBL business during that calendar year. Producer 1-49 and $1 to $99,999 Premier Producer 50 or more and $ 100,000 and above $5,000 or less 18.0% 25.0% $5,001 - $10,000 9.0% 16.0% $10,001 - $25,000 6.0% 12.0% $25,001 - $50,000 3.5% 10.0% $50,001- $100,000 2.5% 6.0% $100,001-$250,000 2.0% 3.0% $250,001-$500,000 1.0% 1.0% $500,001 or more 0.5% 0.5% This Schedule applies exclusively to Group Policies providing benefits that satisfy the requirements of the short term statutory disability requirements of New Jersey and Hawaii.