COMMISSION SHARING. Broker-Dealer and Insurance Agency represent that no commissions or other compensation will be paid for services rendered in soliciting the purchase of the contracts by any person or entity not duly registered or licensed by the required authorities and appointed by Insurer to sell the Contract in the state in which such solicitation occurred; provided however, that this provision shall not prohibit the payment of compensation of the surviving spouse or other beneficiary of a person entitled to receive such compensation pursuant to a bona fide contract calling for such payment.
COMMISSION SHARING. Notwithstanding the provisions of Section 7.2 above, if NETSCAPE and any employee or agent of ADFORCE or any other Third Party claims commissions with respect to the same Person (and such Person has not entered into an agreement with ADFORCE solely as a result of NETSCAPE marketing efforts), ADFORCE shall not be required to pay total commissions to NETSCAPE and such Third Party in excess of the amount specified in Section 7.2 and ADFORCE may apportion the applicable commission specified in Section 7.2 between NETSCAPE and the Third Party in such manner as ADFORCE determines in good faith to be equitable.
COMMISSION SHARING. Notwithstanding the provisions of Section 7.2 above, if AOL and any employee or agent of IMGIS or any other Third Party claims commissions with respect to the same Person (and such Person has not entered into an agreement with IMGIS solely as a result of AOL marketing efforts), IMGIS shall not be required to pay total commissions to AOL and such Third Party in excess of the amount specified in Section 7.2 and IMGIS may apportion the applicable commission specified in Section 7.2 between AOL and the Third Party in such manner as IMGIS determines in good faith to be equitable.
COMMISSION SHARING. GPCM, through GIS, shall pay to MMA, 50% of net commissions received by it for each Product sold by MMA pursuant to the terms of this Agreement. As used in this agreement, “net commissions” shall mean gross commissions less all fees and expenses associated with a third party call center. Payment to MMA shall be made within 60 days of GPCM’s receipt of such commission from Aetna and payment is subject to the terms of that certain Program Agreement entered into between Aetna Life Insurance Company (together with American Continental Insurance Company, Continental Life Insurance Company of Brentwood, Tennessee and Aetna Health and Life Insurance Company) and GPCM, dated as of October 9, 2013; that certain Marketing Agreement for Upline Agents and Agencies entered into between Aetna Life Insurance Company and GIS, dated as of October 29, 2014; and certain Marketing Agreement for Upline Agents and Agencies entered into between Aetna Life Insurance Company and GPCM, dated as of October 31, 2014. Payment shall constitute payment in full for the performance hereunder and GPCM shall not be responsible for paying any other fees, costs or expenses, except as provided in the Section 4 and as further provided in Section 8(b).
COMMISSION SHARING. Effective as of the date hereof, Instinet shall remit to Bridge the Rebates (as hereinafter defined) in relation to Foreign Securities Transactions executed on or after , 2002 where a Client (A) has identified to Instinet on trade date, via telephone, e-mail, the Instinet Messaging log, or any other means of order entry as the Client and Instinet agree, the specific Foreign Securities Transactions as `Bridge Trades' either at the time such Client: (i) places the order, (ii) receives the execution or (iii) gives the account breakdown and (B) effects the execution thereof with or through Instinet. The amount of commissions received by Instinet to be rebated to Bridge in respect of such directed orders (the "Rebates") shall be computed as agreed in Exhibit 1. Nothing herein shall restrict any transaction by or between Instinet and Client that is not identified by the Client as being transmitted pursuant to this Agreement, nor shall Instinet be obligated to pay Rebates for transactions in securities received from Clients other than Foreign Securities Transactions identified by Clients as "Bridge Trades".
COMMISSION SHARING. The Fund may share remuneration with another person, or other persons, who has or have, introduced business to the Fund and in so doing has brought about a subscription in the Fund, which would not have taken place without that person, or those persons, involvement. The Fund shall provide information pertaining to the amount of any such remuneration to you on request.
COMMISSION SHARING. If the Referring Party is not Converge or if Converge works with one or more other Referring Parties with respect to the registration or re-registration of a Qualified Lead and if a Commission is payable with respect to Net Revenue generated therefrom, then VNS shall pay the resulting Commission to Converge as described in Section 3.1 of this Exhibit D (only the one Commission shall be owing by VNS) and Converge shall be responsible for paying the share of such Commissions owed such Referring Party, in accordance with Converge's separate agreement between Converge and such Referring Party. Said Referring Party shall not be a third party beneficiary hereunder, however.
COMMISSION SHARING. Broker agrees not to pay or grant any part of the compensation received from Principal hereunder to any customer or to any agent, representative or other intermediary who is acting on behalf of or is subject to the direct or indirect control of any such customer.
COMMISSION SHARING. In the event the Client consummates any Transaction with any investor, individual or entity originated by StartEngine, during the term of the Broker-Dealer Services Agreement and while this Commission Sharing Agreement is in full force and effect, and such a transaction generates the 7% cash commission referenced in the Broker-Dealer Services Agreement, Dalmore agrees to share such commission on the following schedule: In the event the Client consummates any Transaction with any investor, individual or entity originated by StartEngine, during the term of the Broker-Dealer Services Agreement and while this Commission Sharing Agreement is in full force and effect, and such a transaction generates the 0% warrant commission referenced in the Broker-Dealer Services Agreement, Dalmore agrees to share such warrant commission on the following schedule: In order for the commissions to be shared, the following items are to be confirmed before fees shall be distributed to StartEngine:
a. StartEngine is a broker/dealer in good standing with FINRA;
b. StartEngine is approved, per its Membership Agreement with FINRA, to act as a placement agent for Regulation A securities;
c. The Investors for whom the commissions are payable are identifiable as having been originated by StartEngine through an electronic means of tracking such investors, or through any alternative means agreed to by the Parties in writing; and
d. StartEngine is compliant with all applicable federal and state requirements, and StartEngine and its registered representatives have satisfied registration requirements in each state in which it plans to solicit; Upon receipt of the above confirmation to Dalmore, commissions shall be due to StartEngine within five (5) business days of receipt by Dalmore of said commissions following a disbursement of funds from escrow or otherwise by the Client. If no fees are received by Dalmore, StartEngine shall receive no compensation for its services. Dalmore shall not be responsible for any out-of-pocket expenses incurred by StartEngine in connection with rendering the StartEngine Services other than fees payable to FINRA with respect to review of advertising materials. StartEngine and Dalmore understand and agree that disbursement of commissions from escrow or otherwise dependent on the Client and the terms of each offering, and that shared commissions will only be paid to StartEngine by Dalmore after Dalmore actually receives its fees or commissions from Client.
COMMISSION SHARING. There will come a time that salespeople, for one reason or another, will have to share a commission. This could occur when a salesperson has a conflicting or heavy schedule, doesn’t feel they can work with a specific personality, or goes on vacation. Commission sharing is effective only if an agreement is arranged prior to any negotiation of a particular transaction. This will assure that there will be no misunderstanding at a later date. This agreement should be put in writing as soon as possible.
