SALES COMMISSIONS ON OTHER SERVICES AND PRODUCTS Sample Clauses

SALES COMMISSIONS ON OTHER SERVICES AND PRODUCTS. In addition to the payment of sales commissions relating to third party administrative services for workers' compensation and unemployment compensation claims and MCO services, as described above, the Company shall pay to the Executive sales commissions on fees payable to the Company with respect to the Company's other services and/or products (collectively, the "Other Services"), which fees were generated by the sales efforts of the Executive. Such sales commissions shall be payable only on the first year of fees payable by a customer of the Company for one or more of the Other Services. The amount of sales commissions for Other Services shall vary with respect to each service or product offered by the Company, with the amount of sales commissions ranging from 10% to up to 25% of the fees for each Other Service. The amount of sales commissions for each Other Service shall be determined by the Chief Executive Officer of the Company and shall be subject to allocation as described in subsection (d), below, and review and approval by the WCH Board. With respect to a business acquisition by the Company (whether such acquisition is structured as an asset, stock, merger, or other similar type of transaction), no sales commissions on Other Services shall be payable with respect to any fees received by the Company from any customer who, at the time of such acquisition, was receiving such service or product from the business acquired by the Company.
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SALES COMMISSIONS ON OTHER SERVICES AND PRODUCTS. In addition to the payment of sales commissions relating to third party administrative services for workers' compensation and unemployment compensation claims and MCO services, as described above, the Company shall pay to the Employee sales commissions on fees payable to the Company with respect to the Company's other services and/or products (collectively, the "Other Services"), which fees were generated by the sales efforts of the Employee. Such sales commissions shall be payable only on the first year of fees payable by a customer of the Company for one or more of the Other Services. The amount of sales commissions for Other Services shall vary with respect to each service or product offered by the Company, with the amount of sales commissions ranging from 10% to up to 25% of the
Sample 1

Related to SALES COMMISSIONS ON OTHER SERVICES AND PRODUCTS

  • Sales Commissions You shall not be entitled to charge a sales commission on the sale of Shares of the Company.

  • Other Services At the request of the Fund, the Adviser in its discretion may make available to the Fund office facilities, equipment, personnel and other services. Such office facilities, equipment, personnel and services shall be provided for or rendered by the Adviser and billed to the Fund at the Adviser's cost.

  • Selling Commissions Any and all commissions payable to underwriters, dealer managers or other broker-dealers in connection with the sale of Shares, including, without limitation, commissions payable to Behringer Securities LP.

  • Red Flags Services (1) The provisions of this Section 3(c) (the “Red Flags Section”) shall apply in the event the Fund elects to receive the “Red Flags Services”, which are hereby defined to mean the following services:

  • Sales Commission You shall be entitled to charge a sales commission on the sale or redemption, as appropriate, of each series and class of each Fund’s Shares in the amount of any initial, deferred or contingent deferred sales charge as set forth in our then effective prospectus. You may allow any sub-agents or dealers such commissions or discounts from and not exceeding the total sales commission as you shall deem advisable, so long as any such commissions or discounts are set forth in our current prospectus to the extent required by the applicable Federal and State securities laws. You may also make payments to sub-agents or dealers from your own resources, subject to the following conditions: (a) any such payments shall not create any obligation for or recourse against the Fund or any series or class, and (b) the terms and conditions of any such payments are consistent with our prospectus and applicable Federal and State securities laws and are disclosed in our prospectus or statement of additional information to the extent such laws may require.

  • Other Service Contracts The Trustees may authorize the engagement of a principal underwriter, transfer agent, administrator, custodian, and similar service providers.

  • Products and Services Part 2.9(a) of the Disclosure Schedule accurately identifies and describes each Company Product currently being designed, developed, manufactured, marketed, distributed, provided, licensed, or sold by the Company.

  • INVESTMENT MANAGEMENT AND OTHER SERVICES (1) The Fund hereby retains the Investment Manager, and the Investment Manager hereby agrees, for the period of this Agreement and under the terms and conditions hereinafter set forth, to furnish the Fund continuously with investment advice; to determine, consistent with the Fund's investment objectives and policies, which securities in the Investment Manager's discretion shall be purchased, held or sold, and to execute or cause the execution of purchase or sell orders; to prepare and make available to the Fund all necessary research and statistical data in connection therewith; to furnish all other services of whatever nature required in connection with the management of the Fund as provided under this Agreement; and to pay such expenses as may be provided for in Part Three; subject always to the direction and control of the Board of Directors (the "Board") and the authorized officers of the Fund. The Investment Manager agrees to maintain an adequate organization of competent persons to provide the services and to perform the functions herein mentioned and to maintain adequate oversight over any service providers including subadvisers hired to provide services and to perform the functions herein mentioned. The Investment Manager agrees to meet with any persons at such times as the Board deems appropriate for the purpose of reviewing the Investment Manager's performance under this Agreement. The Fund agrees that the Investment Manager may subcontract for certain of the services described under this Agreement with the understanding that there shall be no diminution in the quality or level of services and also with the understanding, that the Investment Manager shall obtain such approval from the Fund's Board and/or its shareholders as is required by law, rules and regulations promulgated thereunder, terms of the Agreement, resolutions of the Board and commitments of the Investment Manager.

  • Offering Services The Manager shall manage and supervise:

  • Services as Distributor 1.1 You will act as agent for the distribution of Shares covered by, and in accordance with, the registration statement and prospectus then in effect under the Securities Act of 1933, as amended, and will transmit promptly any orders received by you for purchase or redemption of Shares to the Transfer and Dividend Disbursing Agent for the Fund of which the Fund has notified you in writing.

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