Commission Payment Frequency Sample Clauses
Commission Payment Frequency. Commissions for small group and large group Services Plans, subsections (A) and (B) herein, will be paid monthly on or about the third week of each month. Commissions for individual Services Plans will be paid quarterly on or about the third week following the quarter’s close. DeltaVision® is underwritten by Stryden, Inc., an affiliate of Delta Dental of Virginia. Claims processing, claims service and provider network administration for DeltaVision are provided under contract by VSP.
A. Commissions are as follows: Employer-paid plans First year Renewal 2-499 lives 10% 7% B. Commissions for groups or associations having 500 or more enrolled employees will be negotiated between STRYDEN, INC. and AGENT/AGENCY on a case-by-case basis. STRYDEN, INC. does not have a standard commission for self-insured groups; however, STRYDEN, INC. will agree to incorporate AGENT/AGENCY commission into its rating structure provided that AGENT/AGENCY’S request is received and approved by ▇▇▇▇▇▇▇, INC. prior to preparing a proposal and/or quote for the prospective client.
C. Commissions for Services Plan contracts issued to individuals is 10%.
Commission Payment Frequency. Commissions for small group and large group Services Plans, subsections (A) and (B) herein, will be paid monthly on or about the third week of each month. Commissions for individual Services Plans will be paid quarterly on or about the third week of the month following the quarter’s close. DeltaVision® is underwritten by Stryden, Inc., an affiliate of Delta Dental of Virginia. Claims processing, claims service and provider network administration for DeltaVision are provided under contract by VSP. BUSINESS ASSOCIATE AGREEMENT This Business Associate Agreement (“BAA”) is entered into by and between INSURER (“Covered Entity”) and AGENT/AGENCY (“Business Associate”) (each, a “Party” and collectively, the “Parties”).