Payment of Rate Plan Incentives Sample Clauses

Payment of Rate Plan Incentives. I-Dealer shall be paid Rate Plan Incentives (sometimes referred to herein as “Commissions”) in accordance with section I, paragraph B of this Exhibit C, and subject to the other provisions of this Agreement, no later than [***] days after the end of each month. The Commission earned for each New Net Subscriber shall be based on the rate plan chosen by the Subscriber, and upon the tier level corresponding to I-Dealer’s total New Gross Subscribers achieved in the calendar month the Subscriber’s Wireless Service was activated. By way of example only, if I-Dealer achieves a total number of New Gross Subscribers in the month corresponding to tier level 3, Dealer would earn the Commission at tier level 3 associated with the particular rate plan sold to a Subscriber. I-Dealer shall be paid Commissions only for New Net Subscribers (as defined in Exhibit F) attained by I-Dealer for that month. Prepaid, governmental, and SmartAccess rate plan activations do not count as Activations for the purposes of this section. To the extent I-Dealer believes there is a discrepancy or error in Company’s calculation of New Gross Subscribers for any given month, Company shall correct its records only if I-Dealer provides, within thirty (30) days of receipt of its monthly Activation/Commissions report, a customer Wireless Service agreement or other documentation acceptable to Company in its sole discretion showing that the discrepancy or error, and showing the actual number of New Gross Subscribers. A request by I-Dealer for any such adjustment shall comply with Section II.A.3 below. I-Dealer shall not activate Subscribers at a higher rate plan and subsequently move them to a lower rate plan for the purpose of obtaining higher Commissions. If Company determines, in its sole discretion, that I-Dealer has engaged in such activity, Company shall charge back to I-Dealer [***] of the Commissions for all Activations related to such activity and Company may immediately terminate the Agreement, in Company’s sole discretion.
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Related to Payment of Rate Plan Incentives

  • Incentive Bonus Compensation The Executive shall be eligible for incentive bonus compensation for each Fiscal Year in an amount to be determined by the Board of Directors or any committee thereof ("INCENTIVE BONUS COMPENSATION").

  • Incentive Bonus Plan Employee shall be eligible for a bonus opportunity of up to 65% of his annual base salary in accordance with the Company’s Incentive Bonus Plan as modified from time to time, payable in cash and/or equity of the Company (at the Company’s discretion). The bonus payment and the Company’s targeted performance shall be determined and approved by the Board or the compensation committee thereof.

  • Incentive Bonus During the Term, Employee shall be eligible to receive an incentive bonus up to the amount, based upon the criteria, and payable in such amount, at such times as are specified in Exhibit A attached hereto. The manner of payment, and form of consideration, if any, shall be determined by the Compensation Committee of the Board, in its sole and absolute discretion, and such determination shall be binding and final. To the extent that such bonus is to be determined in light of financial performance during a specified fiscal period and this Agreement commences on a date after the start of such fiscal period, any bonus payable in respect of such fiscal period's results may be prorated. In addition, if the period of Employee's employment hereunder expires before the end of a fiscal period, and if Employee is eligible to receive a bonus at such time (such eligibility being subject to the restrictions set forth in Section 6 below), any bonus payable in respect of such fiscal period's results may be prorated.

  • Cash and Incentive Compensation For clarification, it is understood by all parties that other than as specified herein, the Company is not obligated to award any future grants of stock options or other form of equity compensation to Executive during Executive's employment with the Company.

  • Cash Incentive Compensation During the Term, the Executive shall be eligible to receive cash incentive compensation as determined by the Board or the Compensation Committee from time to time. The Executive’s initial target annual cash incentive compensation shall be 40 percent of the Executive’s Base Salary. Except as otherwise provided herein, to earn cash incentive compensation, the Executive must be employed by the Company on the day such cash incentive compensation is paid.

  • Recovery of Bonus and Incentive Compensation Any bonus and incentive compensation paid to you during a CPP Covered Period is subject to recovery or “clawback” by the Company if the payments were based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria.

  • Incentive Bonuses The Employee shall be eligible to be considered for an annual incentive bonus with a target amount equal to 50% of his Base Compensation. Such bonus (if any) shall be awarded based on objective or subjective criteria established in advance by the Company's Board of Directors (the "Board") or its Compensation Committee. The determinations of the Board or such Committee with respect to such bonus shall be final and binding.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Cash Incentive Bonus The pro rata share of any Cash Incentive Bonus that would have been paid to the Executive had the Executive not been terminated Without Cause based on the extent to which performance standards are met on the last day of the year in which the Executive is terminated Without Cause.

  • Long-Term Incentive Awards The Executive shall participate in any long-term incentive awards offered to senior executives of the Company, as determined by the Compensation Committee.

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