House Account Clause Samples
A House Account clause defines specific customers or accounts that are managed directly by the company rather than through its agents or representatives. Typically, this clause lists or describes which clients are considered 'house accounts,' meaning agents do not receive commissions or credit for sales to these customers. The practical function of this clause is to prevent disputes over commission entitlements and to clearly delineate which sales are excluded from agent compensation, thereby ensuring clarity and reducing potential conflicts between the company and its sales force.
House Account. On the Commencement Date, the MANAGEMENT COMPANY shall establish a house account entitled "▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇ and ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇". MANAGEMENT COMPANY shall grant to ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇▇▇ an annual credit on such house account in the amount of $10,000.00. Any amounts over $10,000.00 shall carry a 50% discount.
House Account. With the following exceptions,: AT&T, Whippany, NJ buying the following products: KS21583, L3, L4, L5 & L6 K723757 L1 & L3
House Account. With the following exceptions,:
House Account. 5 1.5 Total Revenue Commitment.............................................. 6 1.6 Sales Target.......................................................... 6 1.7 Special Seller Facilities............................................. 6 ARTICLE 2 CAPACITY.......................................................... 6 2.1 Capacity.............................................................. 6 ARTICLE 3 PAYMENT........................................................... 7 3.1 Rates and Charges..................................................... 7 3.2 Taxes................................................................. 7 3.3 Billing............................................................... 8
House Account. A House account is an account not assigned to an account executive and is serviced directly by the Company. No commission shall be paid to account executives or to non bargaining unit staff on house accounts.