Commissions and Other Compensation. (a) The Company shall pay to the Representative, as compensation for its services during the term of this Agreement, a commission based on Net Product Sales (hereinafter defined) of the Company's Products and Services to customers located within the Territory as set forth on Exhibit B hereto. The --------- term "
Commissions and Other Compensation. MAHENDRA INC. shall pay to ( ) as compensation for its services during the term of this Agreement, a commission of Fifteen (15%) percent of the net purchase price (after transaction processing fees and web maintenance expenses) received by MAHENDRA INC. from each customer, originating through the ( ) Website, for the “Weekly Newsletter, “Daily Flash News”, “Daily Stock Market Report”, and “Monthly Uranium Stock Letter” (the “Product or Services”). The commissions shall apply for new or renewal purchases on or after January 1, 2015 and those who were not customers of MAHENDRA INC. prior to January 1, 2015 ("New or Renewal Customer"). Returns, cancellations and refunds shall be deducted from the calculation for commissions on a quarterly basis. The commission for the sale of the annual book of “Financial Predictions” originated from the Representative Website shall be twelve percent (15%). Payment of commissions shall be made by MAHENDRA INC. to ( ) on or before the 7th day of the month following each calendar quarter beginning March 31, 2015. At the time of payment, MAHENDRA INC. shall furnish ( ) with an itemized statement setting forth the computation of commissions.
Commissions and Other Compensation
