Common use of SCOPE OF SERVICES AND COMPENSATION Clause in Contracts

SCOPE OF SERVICES AND COMPENSATION. The Parties agree that POSP shall perform the activities as allowed and envisaged under the IRDAI prescribed guidelines from time to time. The Company agrees to make payment and/or remuneration to the POSP fees for the services and discharge of his functions obligations to be rendered by the POSP as specified in Annexure II attached hereto. The remuneration is subject to deduction of all applicable taxes. XXXX confirms that the first/incepting policy sale done by him/her, if solicited for himself/herself, the commission for the same policy will not be payable by the Company to him/her until further sales are effected.

SCOPE OF SERVICES AND COMPENSATION. The Parties agree that POSP shall perform the activities as allowed and envisaged under the IRDAI prescribed guidelines from time to time. The Company agrees to make payment and/or remuneration to the POSP fees for the services and discharge of his functions obligations to be rendered by the POSP as specified in Annexure II attached heretoPOSP. The remuneration is subject to deduction of all applicable taxes. XXXX POSP confirms that the first/incepting policy sale done by him/her, if solicited for himself/herself, the commission for the same policy will not be payable by the Company to him/her until further sales are effectedaffected.

SCOPE OF SERVICES AND COMPENSATION. The Parties agree that POSP shall perform the activities as allowed and envisaged under the IRDAI prescribed guidelines from time to time. The Company agrees to make payment and/or remuneration to the POSP fees for the services and discharge of his functions obligations to be rendered by the POSP as specified in Annexure II attached hereto. The remuneration is subject to deduction of all applicable taxes. XXXX POSP confirms that the first/incepting policy sale done by him/her, if solicited for himself/herself, the commission for the same policy will not be payable by the Company to him/her until further sales are effected.