Common use of Monthly Commission Clause in Contracts

Monthly Commission. On the 40th day after the end of each month, the Company shall pay to the Representative a commission (the "Monthly Commission") consisting of: (i) a commission as listed on Exhibit C of the Company's Net Sales in the Territory of Products in the Video Wall Markets for such month; plus (ii) a commission of such percentage of the Company's Net Sales in the Territory of Products in the Traditional Markets for such month equal to the Commission Percentage (as hereinafter defined); plus (iii) commissions, at the rates set forth in (i) and (ii) above, for sales of Products in the Markets outside the Territory for such month, which sales are generated by the Representative.

Monthly Commission. On the 40th day after the end of each month, the Company shall pay to the Representative a commission (the "Monthly Commission") consisting of: (i) a commission as listed on Exhibit C of Five Percent (5%) of the Company's Net Sales net sales in the Territory of Products in the Video Wall video wall, presentation monitor, transportation monitor and kiosk monitor Markets for such month; plus (ii) a commission of such percentage of the Company's Net Sales net sales in the Territory of Products in Markets other than the Traditional video wall, presentation monitor, transportation monitor and kiosk monitor Markets for such month equal to the Commission Percentage (as hereinafter defined); plus (iii) commissions, at the rates set forth in (i) and (ii) above, for sales of Products in the Markets outside the Territory for such month, which sales are generated by the Representative.