Base Commission definition

Base Commission shall have the meaning set forth in Section 6.1 hereof.
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Base Commission has the meaning specified in Section 3(c).
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Base Commission shall have the meaning given to such term in Section 3.1 hereof.
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Examples of Base Commission in a sentence

  • Commission is currently calculated as follows: (Annual Gross Income x Base Commission Rate) less Amounts Payable Changes can be made to the overall Commission Based Remuneration Structure, or to any or all of its elements (including in relation to eligibility or participation) at the discretion of the Employer, but no changes will affect any existing client payment direction given to and accepted by Macquarie.

  • Example: Total Controllable Revenue $400,000 Total Compensation $ 40,000 Base Commission Rate = $40,000/$400,000 = 10% Thus, a sales representative will earn a 10% commission for each dollar of controllable revenue sold.

  • For example, if the Product price (e.g. a Land+Sea Journey) is €3,000, the Base Commission is 10%, the Upfront Incentive Commission is 5%, and all other discounts total €1,000, the Base Commission would be €200 (10% of €2,000) and the Upfront Incentive Commission would be €100 (5% of €2,000).

  • COMPANY reserves the right at any time to unilaterally increase or decrease the Base Commission and/or Upfront Incentive Commission levels; the increase or decrease may apply to all or some Products.

  • Commission payments may be broken up into two payments to Affiliate, a Base Commission and a Bonus Commission.


More Definitions of Base Commission

Base Commission means the amount paid upfront to an AD for sales of Ameritech Products. The base commission may increase as an AD's objective increases relative to other ADs.
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Base Commission means the base rate of commission payable on Qualifying Bookings agreed in Schedule A;
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Base Commission means the base rate of commission that we agree to pay you in respect of Qualifying Bookings;
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Base Commission means a commission of 6% calculated on the gross proceeds raised in any fiscal year paid by Conexus to the Agent and Sub-Agents selling Subscriber Shares.
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Base Commission means the rates identified under the column heading “Base Commission” in the applicable Rate Sheet.
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Base Commission for the purposes of calculating the Pre-Effective Time Broker Bonus Amount, the commission paid to an FCS Broker based on the minimum commission percentage used to calculate that FCS Broker's portion of the gross commission for the 1997 calendar year.
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Base Commission means the amount paid upfront to an Sales Representative for sales of Ameritech Products.
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