Commission Plans Sample Clauses
A Commission Plans clause defines the terms and conditions under which commissions are calculated and paid to employees or agents, typically in a sales context. It outlines the criteria for earning commissions, such as sales targets, eligible products or services, and the timing of payments. This clause ensures both parties understand how commissions are structured and distributed, reducing the risk of disputes and providing transparency regarding compensation.
Commission Plans. (a) The Cousins Group shall be responsible for any commissions payable in respect of real properties other than the New Parkway Properties (as defined in the Separation and Distribution Agreement), which commissions are set forth on Schedule 5.02(a), and (b) the New Parkway Group shall be responsible for commissions payable in respect of the New Parkway Properties, which commissions are set forth on Schedule 5.02(b), in each case, to the extent unpaid as of the Distribution Effective Time.
Commission Plans. Will remain in effect for long as you are a Contractor. Upon leaving the Company all “Cap” plans will terminate with reversion to previous commission structure. Further, all transactions closed after Contractor leaves the Company will be processed with an additional $250 file processing fee (above the applicable commission plan). As a Contractor you will be allowed to change your commission plan once per calendar year with the only requirement being a thirty (30) day notice (submitted through “The Zone”).
Commission Plans. Except as attached as Schedule 3.17(f) of the Disclosure Schedule, neither Company has any commission or similar type plan in effect. 27
Commission Plans. For the duration of this Agreement and for all real estate transactions closed by Contractor, regardless of commissions earned by Contractor, Contractor shall pay to Company one of the following [CHECK BOX AND INITIAL ONE]:
Commission Plans. For the duration of this Agreement and for all real estate transactions closed by Contractor, regardless of commissions earned by Contractor, Contractor shall pay to Company one of the following [CHECK BOX AND INITIAL ONE]: □ Silver Plan – 80/20 Commission Split (80% to Contractor, 20% to Company) and a $39/month fee. Referrals are 80/20 or $299, whichever is greater. Technology and productivity software included. (100 black/white copies month Free, 10 cents, color; 7 cents b&w) INITIAL □ Gold Plan - $499 per transaction and a $65/month Tech Fee ($12,000 Yearly Cap), after 24 transactions then $125 per file; Referrals are flat $299. Technology and productivity software included. (100 black/white copies month Free, 10 cents, color; 7 cents b&w) INITIAL □ Platinum Plan - $299 per transaction and a $349/month Tech Fee ($12,000 Yearly Cap), after 24 transactions then $125 per file; Referrals are flat $299. Technology and productivity software included. (100 black/white copies month Free, 10 cents, color; 7 cents b&w)
