Common use of Commission Plan Clause in Contracts

Commission Plan. 9.1.1. The Partner shall acquire a right to commission only once the Partner has successfully completed the Online Partner Account Opening Procedure, has been verified and approved by the Company and has activated the Partner tracking URL. 9.1.2. The Partner shall acquire a right to commission for the referred clients that have successfully registered with the Company via the Partner Tracking URL. If for any reason, the referred clients have not used the Partner URL Tracker, the Partner shall not be entitled to remuneration for the client’s activity as the client shall therefore not be considered as a Partner’s referred client. However, the said Client and / or the Partner shall be entitled to request the Company to be linked to the Partner by stating the reason why the registration was made without using the Partner URL Tracker. The request shall be sent via registered email. Upon the Company’s written approval, the Partner shall acquire a right on the said referred client’s activity generated from the date of the Company’s confirmation. 9.1.3. The Company shall have the right, at its sole discretion, to refuse or replace the Commission Plan that the Partner opted-in at the Online Partner Account Opening stage or after. 9.1.4. The Company shall pay the Partner a commission calculated as per the terms set out in the Standard Commission Plan Appendix (Appendix by default) or as negotiated and agreed between the Parties and set out in the specific Appendix (“Commission Plan”).

Appears in 9 contracts

Samples: Partner Agreement, Partner Agreement, Partner Agreement

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Commission Plan. 9.1.1. The Partner shall acquire a right to commission only once the Partner has successfully completed the Online Partner Account Opening Procedure, has been verified and approved by the Company Procedure and has activated the Partner tracking URLURL Trackers as required. 9.1.2. The Partner shall acquire a right to commission for the referred clients Referred Client that have has successfully registered with the Company via the Partner Tracking URLURL Tracker. If for any reason, the referred clients have Referred Client has not used the Partner URL Tracker, the Partner shall not be entitled to remuneration for the clientClient’s activity as the client Client shall therefore not be considered as a Partner’s referred clientReferred Client. However, the said Client and / or and/or the Partner shall be entitled to request the Company to be linked to the Partner by stating the reason why the registration was made without using the Partner URL Tracker. The request shall be sent via registered email. Upon the Company’s written approval, the Partner shall acquire a right on the said referred clientReferred Client’s activity generated from the date of the Company’s confirmationConfirmation. 9.1.3. The Company shall have the right, at its sole discretion, right to refuse or replace the Commission Plan that the Partner opted-in at opted for on the Online Partner Account Opening stage Procedure or afterafter the Online Partner Account Opening Procedure. 9.1.4. The Company shall pay the Partner Partner, a commission calculated as per the terms set out in the Standard Commission Plan Appendix (Appendix by default) or as negotiated and agreed between the Parties and set out in the specific Appendix (“Commission Plan”).

Appears in 3 contracts

Samples: Partner Agreement, Partner Agreement, Partner Agreement

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Commission Plan. 9.1.1. The Partner shall acquire a right to commission only once the Partner has successfully completed the Online Partner Account Opening Procedure, has been verified and approved by the Company Procedure and has activated the Partner tracking URLUrl Trackers as required. 9.1.2. The Partner shall acquire a right to commission for the referred clients Referred Client that have has successfully registered with the Company via the Partner Tracking URLUrl Tracker. If for any reason, the referred clients have Referred Client has not used the Partner URL Tracker, the Partner shall not be entitled to remuneration for the clientClient’s activity as the client Client shall therefore not be considered as a Partner’s referred clientReferred Client. However, the said Client and / or the Partner shall be entitled to request the Company to be linked to the Partner by stating the reason why the registration was made without using the Partner URL Tracker. The request shall be sent via registered email. Upon the Company’s written approval, the Partner shall acquire a right on the said referred clientReferred Client’s activity generated from the date of the Company’s confirmationConfirmation. 9.1.3. The Company shall have the right, at its sole discretion, right to refuse or replace the Commission Plan that the Partner opted-in at opted for on the Online Partner Account Opening stage Procedure or afterafter the Online Partner Account Opening Procedure. 9.1.4. The Company shall pay the Partner Partner, a commission calculated as per the terms set out in the Standard Commission Plan Appendix (Appendix by default) or as negotiated and agreed between the Parties and set out in the specific Appendix (“Commission Plan”).

Appears in 1 contract

Samples: Partner Agreement

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