Commission Structure. TARGET PREMIUM CALCULATION First target A% of all premium allocated to the first target, regardless of policy year. Renewals B% of all premium above the first target in policy years 1-10 Ultimate C% of all premium received after the 10th policy anniversary
Commission Structure. Agent will be entitled to the commission percentage outlined below for each financing program (subject to change within reasonable notice).
Commission Structure. Commission will be payable as a bonus at the end of each calendar year (i.e. December 31) payable within 45 days after the end of each calendar year, earned at the following rates;
Commission Structure. Target Premium Calculation First target A% of all premium allocated to the first target for years 1-10.
Commission Structure. RCA TRAIL ------- -------- ---------------------------- ---------------- PCA SCA YEARS 2 - 5 YEARS 6 + YEARS 5 - 20 ------- -------- -------------- ------------- ---------------- 90% 5% 5% 2% 0.20% net account value PCA (PRIMARY COMMISSIONABLE AMOUNT) is equal to the first year commission target premium (shown on policy schedule pages and illustrations). Gross premiums paid up to the PCA in any year are commissioned at the full PCA rate. If the gross premium paid in year one is less than the PCA, that difference is carried over to the second year. Premiums received in year two or later up to this difference, if any, are commissioned at the full PCA commission rate. A new PCA is generated any time a new base coverage segment is created. Note that a death benefit option change does not create a new PCA. Premium dollars are allocated first to PCA, then to SCA, and then to RCA. SCA (SECONDARY COMMISSIONABLE AMOUNT) is equal to the difference between the gross premiums paid in segment year one and the PCA. RCA (RENEWABLE COMMISSIONABLE AMOUNT) equals zero in the first policy year. In renewal years, the RCA equals the gross premium paid per segment less the remaining PCA for that year, but never less than zero. Premiums received within 15 days prior to policy anniversary will result in the agent receiving commissions at the same rate as if the premium was paid on the anniversary date.
Commission Structure. The commission that the Company will pay to Kxxxxxxx or a Selling Group Member pursuant to Section 3 of the Agreement (“Selling Commissions”) shall be a cash commission equal to a percentage of the gross proceeds from the sale of the Notes at any closing, determined in accordance with the schedule set forth below and calculated based on the following variables: (i) the gross proceeds received from Notes sold at any particular closing to a prospective investor identified by Kxxxxxxx or a Selling Group Member, as applicable, (ii) whether the investor is an existing holder of a Class A Note and is reinvesting all or a portion of his invested sums in a new Class A Note; ( iii) the incremental amount of Variable Series Notes under the Prospectus; and (iv) the maturity term, amount invested or other factors relevant to an investment in the Class A Notes as described below. The Selling Commissions payable at any particular closing shall be determined as follows: Fixed Series 12 Mo 18 Mo 24 Mo 30 Mo 36 Mo 42 Mo 48 Mo 54 Mo 60 Mo Manager * 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% Selling Group Member 1.25% 2.0% 2.75% 3.50% 4.25% 5.00% 5.00% 5.00% 5.00%
Commission Structure. The Agent's compensation shall be determined based on a commission structure as follows: - The Agent shall be entitled to a commission of [Percentage]% of the net sales generated within the designated territory through the Agent's efforts. - Commissions shall be calculated on the basis of the final invoiced amount for each successful sale resulting from the Agent's activities.
Commission Structure. 2.1 The Company agrees to pay the Commission Agent a commission of ten percent (10%) of the total sale value ("Commission") for any sale of any iLamp Licenses made by the Commission Agent outside of Texas, subject to the terms and conditions of this Agreement.
Commission Structure. “Commissions” shall be paid to Affiliate by the Company for each single purchase of our membership Services for an entire year up front ($60) on our Company Site by any customer who has been brought to the Company Site directly from: i) the Affiliate Website via the Affiliate Link or coupon code provided by us; or ii) any other website operated by any of our other affiliates who have joined our Affiliate Program underneath Affiliate through the Affiliate Website (“Junior Affiliate”). The Company shall pay to Affiliate the Commissions as initially set forth below. The Company reserves the right to update its pricing for the Services and Commissions to be paid to Affiliate at any time. Any such changes to the pricing to be paid to Affiliate shall be published on the Company Site contained on the “Affiliate Pricing Amendments” page. Affiliate acknowledges and agrees that it shall be Affiliate’s responsibility to periodically monitor the Company Site for any pricing changes that may be made and that the Company will not have any responsibility to provide any advance notice of such changes to Affiliate.
Commission Structure. The Company will pay the Affiliate Partner a commission for each Qualified Sale. The commission structure, whether it be a fixed amount, percentage of the sale, or other structure, is detailed in Schedule A.
