Commission Qualifications Sample Clauses

Commission Qualifications. You must be a current Party Time Mixes Independent Consultant and in compliance with the Independent Consultant Agreement to qualify for bonuses and commissions. Party Time Mixes pays commissions, in accordance with the Compensation Plan, on your personal selling and downline activity. You must have a PV of at least $10 retail sales and/or wholesale purchases per calendar month and the applicable level of GV for your rank/title in order to receive commissions/bonuses for the calendar month. Wholesale orders count towards PV and GV at the prices listed and purchased for on the wholesale order form. (i.e. A cocktail mix purchased through an affiliate website or online party by one of your customers will earn you a commission against the $6 sale and $6 will apply towards your PV and GV where as a cocktail mix purchased from the wholesale order form by you will apply $4.50 towards your PV and GV.) If Party Time Mixes decides to offer a company-wide discount coupon code to customers or Independent Consultants, the discounted amount will reduce the amount of commission you will receive per item based on the usage of the coupon code and discount amount offered. (i.e. If the company offers a 10% off coupon code for all retail purchases, then an item that would normally sell for $6 will sell for $5.40 and your commission will be based on the $5.40 purchase.) Hostess Reward coupon codes do not reduce the amount of commission earned by the consultant or their upline. If a Party Time Mixes Independent Consultant does not continue to meet the PV and GV qualifications of their current rank/title each calendar month, the Party Time Mixes Independent Consultant will not lose the rank/title that has been earned; however, the Party Time Mixes Independent Consultant's commissions will be reduced to match the PV and GV levels they did meet. A starter kit purchased by a new Party Time Mixes Independent Consultant when they first join counts towards their own PV, but not their GV for their join month. Starter kit purchases do count towards the Sponsor's PV and GV and the GV of any and all Upline Leaders.
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Commission Qualifications. To the Buyer’s Knowledge, there is no reason for the Commissions to find that Buyer is not qualified to control VDUL or the Licenses, including reasons based on foreign ownership, and no unresolved regulatory compliance issues regarding Buyer or its affiliates that could delay the regulatory approval process or cause the Commission’s to deny the requested approvals. 3.8.
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Commission Qualifications. You must be an active Consultant and in compliance with the Agreement to qualify for bonuses and commissions. Scentsy Family pays commissions, in accordance with the Compensation Plan, on your personal sales activity. There is no minimum sales requirement to receive commission on your sales.
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Related to Commission Qualifications

  • FCC Qualifications Section 7.04

  • Foreign Qualifications Each of the Company and its subsidiaries is duly qualified as a foreign entity to transact business and is each in good standing in each jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure to be so qualified would not singularly, or in the aggregate, in the reasonable judgment of the Company, be expected to result in a Material Adverse Effect.

  • Tax Qualification Each Employee Benefit Plan intended to be qualified under Section 401(a) of the Code has been determined to be so qualified by the Internal Revenue Service and nothing has occurred since the date of the last such determination which resulted or is likely to result in the revocation of such determination.

  • Foreign Qualification Prior to the Company’s conducting business in any jurisdiction other than Delaware, the Majority Members shall cause the Company to comply, to the extent procedures are available and those matters are reasonably within the control of the Majority Members, with all requirements necessary to qualify the Company as a foreign limited liability company in that jurisdiction.

  • Investor Qualifications The Buyer (i) if a natural person, represents that he or she is the greater of (A) 21 years of age or (B) the age of legal majority in his or her jurisdiction of residence, and has full power and authority to execute and deliver this Agreement and all other related agreements or certificates and to carry out the provisions hereof and thereof; (ii) if a corporation, partnership, or limited liability company or partnership, or association, joint stock company, trust, unincorporated organization or other entity, represents that such entity was not formed for the specific purpose of acquiring the Securities, such entity is duly organized, validly existing and in good standing under the laws of the state of its organization, the consummation of the transactions contemplated hereby is authorized by, and will not result in a violation of state law or its charter or other organizational documents, such entity has full power and authority to execute and deliver this Agreement and all other related agreements or certificates and to carry out the provisions hereof and thereof and to purchase and hold the Securities, the execution and delivery of this Agreement has been duly authorized by all necessary action, this Agreement has been duly executed and delivered on behalf of such entity and is a legal, valid and binding obligation of such entity; or (iii) if executing this Agreement in a representative or fiduciary capacity, represents that it has full power and authority to execute and deliver this Agreement in such capacity and on behalf of the subscribing individual, xxxx, partnership, trust, estate, corporation, or limited liability company or partnership, or other entity for whom the Buyer is executing this Agreement, and such individual, partnership, xxxx, trust, estate, corporation, or limited liability company or partnership, or other entity has full right and power to perform pursuant to this Agreement and make an investment in the Company, and represents that this Agreement constitutes a legal, valid and binding obligation of such entity. The execution and delivery of this Agreement will not violate or be in conflict with any order, judgment, injunction, agreement or controlling document to which the Buyer is a party or by which it is bound.

  • Blue Sky Qualifications The Company shall use its best efforts, in cooperation with the Underwriters, if necessary, to qualify the Public Securities for offering and sale under the applicable securities laws of such states and other jurisdictions (domestic or foreign) as the Representative may designate and to maintain such qualifications in effect so long as required to complete the distribution of the Public Securities; provided, however, that the Company shall not be obligated to file any general consent to service of process or to qualify as a foreign corporation or as a dealer in securities in any jurisdiction in which it is not so qualified or to subject itself to taxation in respect of doing business in any jurisdiction in which it is not otherwise so subject.

  • Organization; Qualification The Company is a corporation duly organized and validly existing under the laws of the State of Delaware and is in good standing under such laws. The Company has all requisite corporate power and authority to own, lease and operate its properties and assets, and to carry on its business as presently conducted. The Company is qualified to do business as a foreign corporation in each jurisdiction in which the ownership of its property or the nature of its business requires such qualification, except where failure to so qualify would not have a material adverse effect on the Company.

  • Nasdaq Qualification The Shares to be issued shall be duly authorized for listing by Nasdaq, subject to official notice of issuance, to the extent required by the rules of Nasdaq.

  • Regulation D Qualification Neither the Company nor, to its actual knowledge, any of its affiliates, members, officers, directors or beneficial shareholders of 20% or more of its outstanding securities, has experienced a disqualifying event as enumerated pursuant to Rule 506(d) of Regulation D under the Securities Act.

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