Examples of Collected Fees in a sentence
EXHIBIT C: Incentives to Recruit New InterPayments’ Referrers InterPayments incentivizes the Referrer to introduce InterPayments to other referrers or third parties in the Referrer’s network (“Affiliated Referrer”; not party to this Agreement) for the purposes of creating Converted Accounts and generating Collected Fees.
With regards to commissions earned from Affiliated Referrers (as described in Exhibit C), InterPayments shall pay the percentage of the Collected Fees during the Calculation Period with respect to Converted Accounts generated by Affiliated Referrers as set forth on Exhibit C.
InterPayments will compensate the Referrer based upon Collected Fees generated by Converted Accounts signed by Affiliated Referrers according to Table 3.