Pre-Closing Commissions Sample Clauses
Pre-Closing Commissions. Prior to the Brokerage Closing Date, Seller and Buyer shall mutually develop and agree to a process by which commissions payable to Transferred Employees in respect of trades and other transactions executed prior to the Brokerage Closing Date shall be paid to the relevant Transferred Employee (or to Buyer on such Transferred Employee's behalf).
Pre-Closing Commissions. Any commissions or similar amounts earned prior to the Initial Closing Date by employees of Sellers in respect of transactions consummated by the Transferred C Businesses shall be held by the applicable Seller for the benefit of such employees and paid to such employees in the ordinary course of business and in accordance with any applicable agreements entered into prior to the Initial Closing Date.