Company Compensation definition

Company Compensation means the revenue received by the Company from Billings in return for providing services in accordance with this Agreement and any amendments to this Agreement.
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Company Compensation shall have the meaning ascribed thereto in Section 5.8.
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Company Compensation means the amount to which the Company or any relevant Subsidiary of the Company (if applicable) shall be entitled and retain in connection with the sale of Products to Customers pursuant to this Agreement which shall be determined on a monthly basis during the Term and shall be equal to [* * *] percent ([* * *]) of Net Sales of Products during the applicable month (i.e., Net Sales multiplied by [* * *]).
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Examples of Company Compensation in a sentence

  • A Wellness Advisor must adhere to the terms of the Company Compensation Plan as set forth in these Policies and Procedures and official Magneceutical Health literature.

  • Misrepresenting the Company Presenting the Company, Compensation Plan, employees or products in a deceptive, fraudulent or misleading way will result in disciplinary action and may include the termination of your Distributorship when such conduct becomes known to the Company.

  • Distributors qualify to earn commissions through the Company Compensation Plan by meeting certain volume and/or recruiting requirements.

  • You agree when presenting the Company Compensation Plan to present it in its entirety as outlined in official Company materials, emphasizing that sales to end consumers are required to receive compensation in the form of bonuses on downline volume.

  • Notwithstanding the foregoing, Parent shall or shall cause the Surviving Corporation to continue until the second anniversary of the Effective Time, each of the Company Compensation and Benefit Plans identified in Section 6.10 of the Company Disclosure Letter without any change that is adverse to the participants therein as of the Effective Time.

  • The Company represents and warrants that each member of the Company Compensation Committee is an “independent director” in accordance with the requirements of Rule 14d-10(d)(2) under the Exchange Act.

  • Notwithstanding the foregoing, except as provided in this Agreement, nothing contained herein shall obligate Parent, the Surviving Corporation or any affiliate of either of them to (i) maintain any particular Company Compensation and Benefit Plan, (ii) grant or issue any equity or equity-based awards or (iii) retain the employment of any Affected Employee.

  • Payment Processor A third party retained by The Company to pay Commissions and Performance Bonuses earned by Representatives through The Company Compensation Plan.

  • The entity or organization directly responsible for the payment of Company Compensation to the Contractor under a Plan.

  • Each Company Compensation and Benefit Plan that has received a favorable determination letter from the IRS has been separately identified in Section 6.1(h)(i) of the Company Disclosure Letter.


More Definitions of Company Compensation

Company Compensation means the revenue received by the Company from
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Company Compensation means the revenue received by Company from Billings in return for providing services to accounts in accordance with this Agreement.
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Company Compensation. Attached hereto and made a part hereof is Exhibit F entitled "COMPENSATION". CLWK shall pay COMPANY a monthly compensation for each timely paid invoice on the Basic Level of Services of the Program. Such compensation and fee shall be paid pursuant to the rate outlined in the attached Exhibit F.
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Related to Company Compensation

  • Cash Compensation means any discount, concession, fee, service fee, commission, sales charge, loan, override, or cash benefit received by a producer in connection with the recommendation or sale of an annuity from an insurer, intermediary, or directly from the consumer.

  • Incentive Compensation means any compensation that is granted, earned or vested based wholly or in part upon the attainment of a Financial Reporting Measure.

  • Accrued Compensation means an amount which shall include all amounts earned or accrued through the "Termination Date" (as hereinafter defined) but not paid as of the Termination Date, including (i) base salary, (ii) reimbursement for reasonable and necessary expenses incurred by the Executive on behalf of the Company during the period ending on the Termination Date, (iii) vacation pay and (iv) bonuses and incentive compensation (other than the "Pro Rata Bonus" (as hereinafter defined)).

  • Severance Compensation means the compensation set forth in (i), (ii), and (iv) above.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Final compensation of a member means:

  • Annual Compensation means an amount equal to the greater of:

  • Earnable compensation means the full rate of the

  • Covered Compensation means any Incentive-Based Compensation granted, vested or paid to a person who served as an Executive Officer at any time during the performance period for the Incentive-Based Compensation and that was Received (i) on or after October 2, 2023 (the effective date of the Nasdaq listing standards), (ii) after the person became an Executive Officer, and (iii) at a time that the Company had a class of securities listed on a national securities exchange or a national securities association such as Nasdaq.

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –