Common use of Percentage Payment Clause in Contracts

Percentage Payment. Employer shall pay additional compensation of one and five-tenths percent (1.5%) of the "Employer's gross," as defined below, until the Employer's gross equals one million dollars ($1,000,000). Thereafter, Employer shall pay one and eight-tenths percent (1.8%) of Employer's gross in excess of $1,000,000. Such percentage payments are to be divided as follows:

Appears in 4 contracts

Samples: www.dga.org, www.dga.org, www.dga.org

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