SALES LISTS. The company retains the right to manage these sales lists to maintain the integrity of the business. The company has the ability to assign to any rep any new client over $5,000 per year or over in revenue regardless of geographical location. CREDIT & CHARGE BACK POLICY The Okanagan Valley Newspaper Group credit policy must be strictly adhered to. Any unauthorized deviation from this policy will result in the revenue amount from that account to be charged back against gross revenues for that payroll period. All revenue credits issued to accounts will be charged back to the salesperson except in cases where it is deemed out of the salesperson’s control. All credits will be reviewed at the end of each month by the Advertising Manager, General Manager and/or Publisher. A copy of the credit will be returned to the salesperson indicating the amount of the charge back. Only the Publisher or Director of Finance may authorize extended credit or reinstatement of credit privileges. Any revision to the credit policy will come from the Publisher’s office with 10 days written notice of those changes. If a dispute arises between a client and the sales rep, charge backs will be given to the rep if no proof has been signed off by the client. NEW ACCOUNTS New accounts, customers at the counter or on the phone will be distributed in a fair and equitable manner as outlined in the Account Assignment Policy Memo dated Dec 1, 2008. While the company retains the right to increase the number of sales staff as needed to serve customer’s needs, it will make every effort to ensure that the sales team’s annual earnings continue to grow and the company will not dilute the sales team through excessive additional hires. VACATION/SICK PAY Sales reps will be paid commission on any ads on their sales lists that run while they are away on vacation plus 2% of the previous year’s earnings for each week of vacation, paid when they take vacation. Dated this 29th day of March, 2019 .................................................................................. For the Employer .................................................................................. For the Union Okanagan Valley Newspaper Group, Penticton Herald and Unifor Local 2000, June 6 2016 – May 31, 2021 Page 25/ 27
SALES LISTS. The company retains the right to manage these sales lists to maintain the integrity of the business. The company has the right and discretion to assign to any rep any new client regardless of geographical location. The current system of protected sales lists, with general geographic areas, will continue. The transfer of any account worth more than $5,000 a year will only be done in consultation with the affected sales reps and the existing practice of “trade-offs”, where appropriate, will continue. Final decisions will be made at the discretion of management. CREDIT & CHARGE BACK POLICY The Okanagan Valley Newspaper Group credit policy must be strictly adhered to. Any unauthorized deviation from this policy will result in the revenue amount from that account to be charged back against gross revenues for that payroll period. All revenue credits issued to accounts will be charged back to the salesperson except in cases where it is deemed out of the salesperson’s control. All credits will be reviewed at the end of each month by the Advertising Manager, General Manager and/or Publisher. A copy of the credit will be returned to the salesperson indicating the amount of the charge back. Only the Publisher or Director of Finance may authorize extended credit or reinstatement of credit privileges. Any revision to the credit policy will come from the Publisher’s office with 10 days written notice of those changes. If a dispute arises between a client and the sales rep, charge backs will be given to the rep if no proof has been signed off by the client. NEW ACCOUNTS New accounts, customers at the counter or on the phone will be distributed in a fair and equitable manner as outlined in the Account Assignment Policy Memo dated Oct. 13, 2005.
