Compensation Structure definition

Compensation Structure. ’ means the characteristics of the various forms of total compensation that an employee receives or may receive, including the amounts of such compensation or potential compensation relative to the amounts of other types of compensation or potential compensation, the amounts of such compensation or potential compensation relative to the total compensation over the relevant period, and how such various forms of compensation interrelate to provide the employee his or her ultimate total compensation. These characteristics include, but are not limited to, whether the compensation is provided as salary, short-term incentive compensation, or long-term incentive compensation, whether the compensation is provided as cash compensation, equity-based compensation, or other types of compensation (such as executive pensions, other benefits or perquisites), and whether the compensation is provided as current compensation or deferred compensation.

Compensation Structure. You shall receive compensation on funded loan originations in the amounts set forth below, subject to your compliance with state and federal laws and the Innovative Mortgage Services, Inc. “

Compensation Structure. You shall receive compensation on closed and funded loan originations in the amounts set forth below, subject to your compliance with state and federal laws and the Innovative Mortgage Services, Inc. “Compliance Guide.” Closed transactions resulting from fraudulent origination or negligent origination practices, early payoffs or early payment defaults subject to wholesale lender or investor recapture, or failure to collect the minimum quarterly compensation election will result in forfeiture/recapture of total compensation. Innovative Transaction Fee: Select one plan below by placing your initials in the empty space provided. Loan originator may change plans quarterly by submitting a newly executed compensation agreement. The transaction fee will apply to and be deducted from the elected compensation applicable to each closed and funded transaction. Dues ($45/month) initial here Transaction Fee Dues Paying Originator $495 Non-Dues ($0/month) initial here Transaction Fee Non-Dues Originator $795 Compensation Election: Loan originator must elect his or her compensation each quarter. Originator may elect a combination of a fixed percentage, fixed dollar addition or deduction, a floor and a ceiling. The elected compensation applies to all transactions originated (date application executed) during the applicable quarter, regardless of when they close. Innovative may impose a default elected compensation in the amount of 1% in the absence of a validly registered compensation election. Loan originator must collect enough revenue per transaction to equal their elected compensation or forfeit their compensation altogether. Compensation exceptions are permissible where they are a legitimate benefit to the borrower, unrelated to compensation and are approved in writing in advance by Innovative management. Innovative will deduct the applicable transaction fee from the elected compensation applicable to each closed and funded transaction.

Examples of Compensation Structure in a sentence

• ANNEXURE-D Compensation Structure of Consumer Mobility Product and Services The franchisee incentives and discount/ margin (Annexure D) will be issued separately The Compensation Structure of Consumer Mobility Product and Services may be modified from time to time and that will be binding as per the BSNL guidelines issued from time to time.

• Proposed Compensation Structure (Monthly GuaranteeAnd Percentage) 0-30Total Possible Points 100 10.

• The Compensation Structure of either Buy-All or Netting Tariff as indicated in the Cover Sheet and further described in Section 4.3 of the Program Rules.

• Executive Compensation Structure, Ownership, and Firm Performance.

• The industry prefers an administratively set price to work, but the process must be informed by industry voices and must ensure full transparency in order to function.• Compensation Structure.

• The Compensation Structure cannot be modified, either before or after the system receives Approval to Energize from the utility.

• Compensation Structure The purpose of this section is to evaluate the Medicaid provider compensation structure, as this may influence the quality and completeness of data.

• To at least annually, within the terms of the established Compensation Structure, review the corporate goals and objectives relevant to the compensation of the CEO, evaluate the performance of the CEO in light of those goals and objectives, and set the CEO’s compensation level based on this evaluation, subject to the approval of the Board.

• The Manager’s Compensation Structure The manager has no outside wealth but rather owns a fraction of the fund.

• Suspended from Reporting:Measurement #10 Agent Compensation Structure and;Measurement #11 Agent Training and Testing are suspended indefinitely Timely Submission of DataData submissions are due by 11:59 p.m. Pacific time on the date of the reporting deadline.

More Definitions of Compensation Structure

Compensation Structure means the financial offer for the Indoor/Outdoor Advertising Program that includes a Minimum Annual Guarantee (MAG) and a percentage of the annual Gross Advertising Revenues as described in Section VIII.A.3 of the RFP and Exhibit F attached hereto and incorporated herein by reference.

Compensation Structure means the cost of providing the Scope of Services as described in Section IV.A.3 of the RFP and outlined in Exhibit F attached hereto and incorporated herein by reference.

Compensation Structure. You shall receive compensation on funded loan originations in the amounts set forth below, subject to your compliance with state and federal laws and the Harmony Mortgage, Inc. “Compliance Guide.” Failure to collect the minimum quarterly compensation election where applicable may result in forfeiture of total compensation.