Common use of Sales Bonus Clause in Contracts

Sales Bonus. Based on Fortnightly sales for the Store, cumulatively calculated as follows: Fortnightly Sales Payment of % of Fortnightly Sales $0 - $280,000 0.100% $280,000 - $465,000 0.075% $465,000 - $695,000 0.050% >$695,000 0.025% For example: Fortnightly sales of $400,000 would result in a payment of:

Sales Bonus. Based on Fortnightly sales for the Store, cumulatively calculated as follows: Fortnightly Sales Payment of % of Fortnightly Sales $0 - $280,000 0.1000.0660% $280,000 - $465,000 0.0750.0440% $465,000 - $695,000 0.0500.0330% >$695,000 0.0250.0165% For example: Fortnightly sales of $400,000 would result in a payment of:

Sales Bonus. Based on Fortnightly sales for the Store, cumulatively calculated as follows: Fortnightly Sales Payment of % of Fortnightly Sales $0 - $280,000 0.100% $280,000 - $465,000 0.075% $465,000 - $695,000 0.100% 0.075% 0.050% >$695,000 0.025% For example: Fortnightly sales of $400,000 would result in a payment of: