Common use of Payment of Rewards Clause in Contracts

Payment of Rewards. The graded MOU reward for the month, for the quarter and Annual Reward for the year shall be paid preferably within 15 days but not more than a month, from the expiry of respective month, quarter and year by way of credit note. However, actual payment will be released only after completion of statutory obligations by the customer, if any.

Appears in 6 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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