Common use of xxx Override Clause in Contracts

xxx Override. The Corporation acknowledges that Executive owns an override on the RTA sales and monthly fees generated by Representative position #2 of the Corporation’s XxxxXxxxxxXxx.xxx subsidiary’s sales organization equal to 50% of the monthly commissions and overrides earned by said position #2, paid on a monthly basis. The compensation described in this Section 3.3 is fully vested to the Executive and its continuing receipt by Executive shall survive the termination of this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (YTB International, Inc.), Employment Agreement (YTB International, Inc.), Employment Agreement (YTB International, Inc.)

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xxx Override. The Corporation acknowledges that Executive owns an override on the RTA sales and monthly fees generated by Representative position #2 1 of the Corporation’s XxxxXxxxxxXxx.xxx subsidiary’s sales organization equal to 50100% of the monthly commissions and overrides earned by said position #21, paid on a monthly basis. The compensation described in this Section 3.3 is fully vested to the Executive and its continuing receipt by Executive shall survive the termination of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (YTB International, Inc.), Employment Agreement (YTB International, Inc.)

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