Common use of Commissions on Sales Services Clause in Contracts

Commissions on Sales Services. During the term of this Agreement, the Marketer shall be paid a commission based on a percentage of initial franchise fees paid by Franchisees for the purchase of a franchise for a PAK MAIL Center to be located within the Territory, upon fulfillment of the following conditions ("Franchise Sales Conditions"): a. The Franchisee shall have executed a Franchise Agreement with the Franchisor and an initial franchise fee shall have been paid and actually received by the Franchisor (the Franchisor shall not be deemed to have received any fees paid into escrow, if applicable, until such fees have actually been remitted to the Franchisor); b. The sale for which the initial franchise fee has been paid is not a resale of any existing PAK MAIL Center, or any interest therein; c. The Franchisee shall have successfully completed the Franchisor's initial training program; and d. The Marketer has complied with all other of its obligations under this Agreement with respect to such sale and has verified the same to the Franchisor, in writing in a form prescribed by the Franchisor. Commissions on Sales Services shall be paid to the Marketer in the amount of 40% of the total initial franchise fees paid to the Franchisor, payable to the Marketer within 45 days after the Franchise Sale Conditions have been fulfilled. The Marketer shall not receive any commission on Sales Services for PAK MAIL Centers owned and operated by the Franchisor, its affiliates or designees ("Company Owned Centers") in the Territory.

Appears in 2 contracts

Samples: Area Marketing Agreement (Pak Mail Centers of America Inc), Area Marketing Agreement (Pak Mail Centers of America Inc)

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Commissions on Sales Services. During the term of this Agreement, the Marketer shall be paid a commission based on a percentage of initial franchise fees paid by Franchisees for the purchase of a franchise for a PAK MAIL Center to be located within the Territory, upon fulfillment of the following conditions ("Franchise Sales Conditions"): a. The Franchisee shall have executed a Franchise Agreement with the Franchisor and an initial franchise fee shall have been paid and actually received by the Franchisor (the Franchisor shall not be deemed to have received any fees paid into escrow, if applicable, until such fees have actually been remitted to the Franchisor). If the Franchisee pays its initial franchise fee in whole or in part with a promissory note, then the Marketer shall be paid a commission on each payment after it has been received by the Franchisor; b. The sale for which the initial franchise fee has been paid is shall not be a resale of any existing PAK MAIL Center, or any interest therein; c. The Franchisee shall have successfully completed the Franchisor's initial training program; and d. The Marketer has shall have complied with all other of its obligations under this Agreement with respect to such sale and has verified the same to the Franchisor, in writing in a form prescribed by the Franchisor. Commissions on Sales Services shall be paid to the Marketer in the amount of 40% of the total initial franchise fees paid to the Franchisor, payable to the Marketer within 45 days after the Franchise Sale Conditions have been fulfilled. The Marketer shall not receive any commission on Sales Services for PAK MAIL Centers owned and operated by the Franchisor, its affiliates or designees ("Company Owned Centers") in the Territory.

Appears in 1 contract

Samples: Area Marketing Agreement (Pak Mail Centers of America Inc)

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Commissions on Sales Services. During the term of this Agreement, the Marketer shall be paid a commission based on a percentage of initial franchise fees paid by Franchisees for the purchase of a franchise for a PAK MAIL Center to be located within the Territory, upon fulfillment of the following conditions ("Franchise Sales Conditions"): a. The Franchisee shall have executed a Franchise Agreement with the Franchisor and an initial franchise fee shall have been paid and actually received by the Franchisor (the Franchisor shall not be deemed to have received any fees paid into escrow, if applicable, until such fees have actually been remitted to the Franchisor). If the Franchisee pays its initial franchise fee in whole or in part with a promissory note, then the Marketer shall be paid a commission on each payment after it has been received by the Franchisor; b. The sale for which the initial franchise fee has been paid is shall not be a resale of any existing PAK MAIL Center, or any interest therein; c. The Franchisee shall have successfully completed the Franchisor's initial training program; and d. The Marketer has shall have complied with all other of its obligations under this Agreement with respect to such sale and has verified the same to the Franchisor, in writing in a form prescribed by the Franchisor. 0 Commissions on Sales Services shall be paid to the Marketer in the amount of 40% of the total initial franchise fees paid to the Franchisor, payable to the Marketer within 45 days after the Franchise Sale Conditions have been fulfilled. The Marketer shall not receive any commission on Sales Services for PAK MAIL Centers owned and operated by the Franchisor, its affiliates or designees ("Company Owned Centers") in the Territory.

Appears in 1 contract

Samples: Area Marketing Agreement (Pak Mail Centers of America Inc)

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