Net Sales Bonus. The Employee shall be eligible for bonus payments based on the “Company’s Net Sales”, defined as the Company’s revenues collected during the relevant bonus period, less allowances granted to retailers, markdowns, discounts, commissions, reserves for service outages, customer holdbacks, and expenses, (the “Net Sales Bonus”), as described below.
Appears in 6 contracts
Samples: Employment Agreement, Employment Agreement (American Telecom Services Inc), Employment Agreement (American Telecom Services Inc)
Net Sales Bonus. The During the Term, the Employee shall be eligible for bonus payments based on the “Company’s Net Sales”, defined as the Company’s revenues collected during the relevant bonus period, less allowances granted to retailers, markdowns, discounts, commissions, reserves for service outages, customer holdbacks, and expenses, (the “Net Sales Bonus”), as described below.
Appears in 1 contract
Samples: Form of Employment Agreement (American Telecom Services Inc)
