Sales Compensation Plan Sample Clauses

Sales Compensation Plan. A complete copy of the Sales Compensation Plan has been provided to you. The Sales Compensation Plan is a part of the Contract, and you are bound to its terms. The Sales Compensation Plan may be changed by the Company at any time with 30 days prior notice. A current copy of the Sales Compensation Plan may be found at xxx.xxxxxx.xxx in the My Office section.
Sample 1
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Sales Compensation Plan. 41.1 The Sales Compensation Plan shall apply to employees working in the following occupations:
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Sales Compensation Plan. The specific plan utilized by the Company that outlines the details and requirements of the compensation structure for Distributors. Sponsor A Distributorship under which another Distributorship is originally placed after it has applied to become a Distributor. Unopened Country Any country or market that is not an Authorized Country. URL A Uniform Resource Locator or web address. Addendum B Policies for Blue Diamond Business Support Materials and Services 1 Blue Diamond Business Support Materials
Sample 1
Sales Compensation Plan. In addition to your base salary, you will be eligible for a bonus of 70% of your base salary for meeting specific revenue growth objectives with the potential to exceed if goals are exceeded. The Sales Compensation Plan and bonus specifics will be defined within two (2) weeks of your date of hire. The Board shall determine, in its sole discretion, whether you are entitled to receive any such bonus and, if so, the amount of any such bonus. Any such bonus for 2012 will be pro-rated based upon your actual days of service. In order to earn any such bonus, you must remain employed by the Company through the date the bonus is paid according to the Sales Compensation Plan.
Sample 1
Sales Compensation Plan. The Company will formalize and present you with an incentive compensation plan, which you will be required to sign in order to earn incentive compensation. Incentive compensation will be subject to payroll deductions and all required withholdings, and will be payable in accordance with the terms of the Sales Compensation Plan. For calendar year 2013, the amount of your annual bonus will be based on the attainment of established performance goals, which are reviewed annually. Your target and maximum annual commission potential shall be 100% and 175%, respectively, of $200,000. Commissions, if any, are paid following the close of each quarter.
Sample 1
Sales Compensation Plan. You will also qualify to participate in a Sales Compensation Plan under which you can earn up to $355,000 in sales compensation. Details of your Sales Compensation Plan will be provided to you around the Closing Date. Stock Options: Adobe inspires employees to contribute at peak performance and share in the success of the company. In accordance with Adobe’s Equity Granting Guidelines, you will be granted the opportunity to purchase 30,000 shares of Adobe common stock, although these shares and the price at which you would be able to purchase them are subject to final approval by the appropriate committee of the Board of Directors and to the terms of the applicable equity plan. The option price is the closing price on the option grant date as quoted on the Nasdaq Global Select Market. Your stock options will vest with respect to 25% of the shares subject thereto on the first anniversary of the vesting measurement date and then with respect to 1/48th of the shares subject thereto monthly thereafter, subject to your continued employment through each vesting date.
Sample 1
Sales Compensation Plan. You will remain on and be eligible to receive a revenue based incentive payment based on sales metrics defined in the 2013 and 2014 Prolexic Incentive Compensation Plan. After the Closing Date, you will be converted to an Akamai Sales Compensation plan to be determined.] [Performance Bonus. You are eligible to participate in the Company Performance Bonus Program in accordance with the written terms and conditions of that program, which provides the potential for a bonus up to [__]% of your annual base salary. The bonus award, if any, will be based on both individual and corporate performance and will be determined by the Company and your manager in his or her sole discretion and will be prorated based on the date you actually begin working for the Company. In order to earn a bonus, you must be an active employee of the Company, in good standing, on the date the bonus is distributed. If a bonus award is declared and earned, it will be paid in Q1-2015.]
Sample 1
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Sales Compensation Plan. The specific plan utilized by the Company that outlines the details and requirements of the compensation structure for Brand Affiliates. Sponsor A Brand Affiliate Account under which another Brand Affiliate Account is originally placed after it has applied to become a Brand Affiliate. Team A group of Brand Affiliates either directly sponsored or linked in a direct chain of sponsorship in the sales organization of a particular Brand Affiliate. Unopened Market Any market that is not an Authorized Market. URL A Uniform Resource Locator or web address. Addendum B Policies for Executive Brand Director Business Support Materials and Services 1 Executive Brand Director Business Support Materials
Sample 1
Sales Compensation Plan. A. An Executor (ET) receives no compensation for sponsoring other Executor (ET)s.
Sample 1

Related to Sales Compensation Plan

  • Incentive Compensation Plan In addition to receipt of Basic Compensation under the Employment Agreement, you shall participate in the Incentive Compensation Plan for Executive Officers of the Company (the “Compensation Plan”) and shall be eligible to receive incentive compensation under the Compensation Plan as may be awarded in accordance with its terms.

  • Incentive Compensation Plans The occurrence of any of the following: (i) a material reduction by the Corporation in the Executive’s (A) annual incentive compensation target or maximum opportunity, or (B) long-term incentive compensation target or maximum opportunity (measured based on grant date fair value of any equity-based awards), in each case, as in effect immediately prior to the Change in Control, or (ii) a change in the performance conditions, vesting, or other material terms and conditions applicable to annual and/or long-term incentive compensation awards granted to Executive after the Change in Control which would have the effect of materially reducing the Executive’s aggregate potential incentive compensation from the level in effect immediately prior to the Change in Control; or

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Long-term Incentive Compensation Programs During the Employment Period, the Executive shall participate in all long-term incentive compensation programs for key executives at a level that is commensurate with the Executive's participation in such plans immediately prior to the Effective Date, or, if more favorable to the Executive, at the level made available to the Executive or other similarly situated officers at any time thereafter.

  • Short-Term Incentive Compensation In addition to the foregoing Base Salary, the Executive shall be eligible during the Term to receive cash short-term incentive compensation, determined and payable in the discretion of the Compensation Committee of the Board. At least annually, the Compensation Committee shall consider awarding short-term incentive compensation to the Executive.

  • Deferred Compensation Plan Manager shall be eligible to participate in the First Mid-Illinois Bancshares, Inc. Deferred Compensation Plan in accordance with the terms and conditions of such Plan.

  • Cash and Incentive Compensation For clarification, it is understood by all parties that other than as specified herein, the Company is not obligated to award any future grants of stock options or other form of equity compensation to Executive during Executive's employment with the Company.

  • Equity Incentive Compensation Executive shall be eligible to receive annual equity awards based on the Company’s and Executive’s actual performance, as determined by the Board or the Compensation Committee. Each such equity award granted to Executive hereunder shall be subject to the terms and conditions of the incentive plan pursuant to which it is granted and such other terms and conditions as are established by the Board or Compensation Committee and set forth in an award agreement evidencing the grant of such equity award.

  • Bonus Compensation The Executive shall not receive any bonus payment whatsoever pursuant to Section 3.02 or the Bonus Plan except such bonus which is already earned and due to be paid up to and including the Termination Date, notwithstanding any period following the Termination Date during which the Executive may receive any payments or benefits under the terms of the Agreement.

  • Profit Sharing Plan Under the Northrim BanCorp, Inc. Profit Sharing Plan (the “Plan”), Executive shall be eligible to receive an annual profit share based on performance as defined by the Board of Directors. Executive will be classified in the Executive tier under the Plan’s Responsibility Factors. If Employer is required to prepare an accounting restatement due to “material noncompliance of the Employer,” the Employer will recover from the Executive any incentive compensation during the three (3) years prior to the date of the restatement, in excess of what would have been paid under the restatement. Executive’s signature on this Agreement authorizes Employer to offset or deduct from any compensation Employer may owe Executive, any excess payments (in whole or in part) that Executive may owe Employer due to such restatement(s).

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