Common use of Your Travel Xxx.xxx YTB Override Clause in Contracts

Your Travel Xxx.xxx YTB Override. The Corporation acknowledges that Executive owns an override on the RTA sales and monthly fees generated by Representative position #2 of the YTB sales organization equal to 50% of the monthly commissions and overrides earned by said position #2, paid monthly beginning in the 1st calendar month in which YTB has 10,000 or more paying RTA’s. This compensation in paragraph 3.3 is fully vested to Executive and its continuing receipt by Executive shall survive the termination of this agreement.

Your Travel Xxx.xxx YTB Override. The Corporation acknowledges that Executive owns an override on the RTA sales and monthly fees generated by Representative on position #2 of the YTB XxxxXxxxxxXxx.xxx sales organization equal to 50% of the monthly commissions and overrides earned by said position #2, paid monthly beginning in the 1st calendar month in which YTB XxxxXxxxxxXxx.xxx, Inc., a wholly owned subsidiary of the Corporation, has 10,000 or more paying RTA’s. This compensation in paragraph 3.3 is fully vested to Executive and its continuing receipt by Executive shall survive the termination of this agreement.

Your Travel Xxx.xxx YTB Override. The Corporation acknowledges that Executive owns an override on the RTA sales and monthly fees generated by Representative position #2 1 of the YTB XxxxXxxxxxXxx.xxx sales organization equal to 5016.69% of the monthly commissions and overrides earned by said position #21, paid monthly beginning in the 1st calendar month in which YTB has 10,000 or more paying RTA’smonthly. This compensation in paragraph 3.3 is fully vested to Executive and its continuing receipt by Executive shall survive the termination of this agreement.