Leveraged Title Sales Committee Sample Clauses

Leveraged Title Sales Committee. It is the Company’s intent to communicate to the Union the contents of sales commissions, incentive plans and promotions applicable to the leveraged title employees. It is also the Company’s intent to limit changes in sales commissions, incentive plans or promotions to those required for competitive or business reasons as determined by the Company. While the highly competitive and dynamic nature of the Company’s business does not allow the Company to commit to a limitation in sales commission changes, it is the Company’s intent that any changes to sales commissions, incentive plans, or promotions will be made in a manner that fairly recognizes both the contribution of the employees and the desire of the Company to outperform its competitors. The Company will provide to the Union a copy of the sales, incentive and promotion plans applicable to leveraged title employees. Further, it is the Company’s intent to provide, whenever practicable, at least one (1) week’s advance notice to the CWA prior to its notice to employees related to any such changes. The Company agrees to establish a joint committee to meet twice a year to discuss the status of and suggestions regarding additional compensation plans, commissions, bonuses, and incentive programs. This committee will consist of no more than two (2) representatives each, unless mutually agreed otherwise. The meeting place and time will be by mutual agreement.
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Leveraged Title Sales Committee. It is the Company’s intent to communicate to the Union the contents of sales commissions, incentive plans and promotions applicable to the leveraged title employees. It is also the Company’s intent to limit changes in sales commissions, incentive plans or promotions to those required for competitive or business reasons as determined by the Company. While the highly competitive and dynamic nature of the Company’s business does not allow the Company to commit to a limitation in sales commission changes, it is the Company’s intent that any changes to sales commissions, incentive plans, or promotions will be made in a manner that fairly recognizes both the contribution of the employees and the desire of the Company to outperform its competitors am dos consistent with the provisions of this MOA, including the provisions of 2(c) above. The Company will provide to the Union a copy of the sales, incentive and promotion plans applicable to leveraged title employees. Further, it is the Company’s intent to provide, whenever practicable, at least one (1) week’s advance notice to the CWA prior to its notice to employees related to any such changes. The Company agrees to establish a joint committee to meet quarterly, upon request, to discuss the status of and suggestions regarding additional compensation plans, commissions, bonuses, and incentive programs and ensure compensation practices are consistent with the terms of this MOA. This committee will consist of no more than two (2) representatives each, unless mutually agreed otherwise. The meeting place and time will be by mutual agreement.
Sample 1

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