Earned commission definition

Earned commission means a commission due for services or merchandise which is due according to the terms of an applicable contract or, when there is no applicable contractual provision, a commission due for merchandise which has actually been delivered to, accepted by, and paid for by the customer, notwithstanding that the sales representative's services may have terminated.
Earned commission. You shall earn commissions based on the outline below. A commission is not considered earned until completion of a number of conditions and prerequisites, as listed below, “Earned Commission.” “Earned Commission” Pay Rates Pay Rate Name: Private Lesson Package Pay Rate: [ ] % of sale ● This commission is only for lesson packages (not single lessons). Lesson packages include 3-pack and 5 pack lessons. ● The commission amount depends on the final price of the Private Lesson Package. For discounted Private Lesson Packages, the staff member will receive [ ] % of the discounted price. ● Conditions & Prerequisites for Earned Commision: ○ When the lesson package is paid in full by the client. ○ When the client attends the lesson and is “Checked In” on WellnessLiving. Pay Rate Name: Program Enrollment Pay Rate: [ ] % of sale ● This commission is only for weekly programs or camps (not private lessons). Programs only include after school club, weekend courses, adult beginner courses, and holiday camps and weekly camps. ● The commission amount depends on the final price of the Program. For discounted Programs, the staff member will receive [ ] % of the discounted price. ● Conditions & Prerequisites for Earned Commision: ○ When the lesson package is paid in full by the client.
Earned commission means an amount equal to ten percent (10%) of total Revenue (as defined herein) in excess of the

Examples of Earned commission in a sentence

  • Earned commission: A commission is a fee or percentage given for compensation to an individual for completion of a sale, service, or transaction.

  • Earned commission and margin revenue for Period 1 can be nett of any refunded commissions and/or margin revenue attributable to consumer travel dates between 15 May to 25 June 2021 and nett of any credits provided for future use by the consumer following the defined period date.

  • Earned commission and margin revenue for Period 2 can be nett of any refunded commissions and/or margin revenue attributable to consumer travel dates between 10 July to 20 August 2021 and nett of any credits provided for future use by the consumer following the defined period date.2. INELIGIBLE BUSINESSES‌ Businesses that are not eligible for this support include:A.

  • Earned commission split floors: As an ‘in-office’ agent, once you have earned a 60% split, you will never drop below it.

  • Earned commission as US Navy officer in 1983, and designation as a Naval Aviator upon completing pilot training in 1984.

Related to Earned commission

  • Planning Commission means the Planning Commission of the City.

  • Diocesan Schools Commission means the education service provided by the diocese, which may also be known, or referred to, as the Diocesan Education Service.

  • the Commission means the Charity Commission for England and Wales;

  • Joint Commission means the accrediting body whose standards are referred to in these Bylaws.

  • Tax Commission means the Oklahoma Tax Commission;

  • Railways Commission means the Western Australian Government Railways Commission established pursuant to the Government Railways Xxx 0000;

  • Earned Bonus means the bonus paid, if any, pursuant to the Company’s incentive compensation plans in effect from time to time. Earned Bonus shall be prorated based on the ratio of the number of days during such year that Executive was employed to 365.

  • Election Commission means the Election Commission appointed by the President under article 324;

  • Selling Commission means three percent (3%) of the gross proceeds of Shares sold pursuant to this Agreement, or as otherwise agreed between the Company and the Agent with respect to any Shares sold pursuant to this Agreement.

  • Target Bonus has the meaning described in Section 4(b).

  • Bonus means the bonus described in the Section 2.3.

  • Accrued Professional Compensation means, at any given moment, all accrued, contingent and/or unpaid fees and expenses (including, without limitation, success fees) for legal, financial advisory, accounting and other services and reimbursement of expenses that are awardable and allowable under section 328, 330(a) or 331 of the Bankruptcy Code and were rendered before the Effective Date by any Retained Professional in the Chapter 11 Cases, or that are awardable and allowable under section 503 of the Bankruptcy Code, that have not been denied by a Final Order, all to the extent that any such fees and expenses have not been previously paid (regardless of whether a fee application has been filed for any such amount). To the extent that the Bankruptcy Court or any higher court denies or reduces by a Final Order any amount of a Retained Professional’s fees or expenses, then those reduced or denied amounts shall no longer constitute Accrued Professional Compensation.

  • Election Assistance Commission means the commission established by Public

  • Central Commission means the Central Electricity Regulatory Commission referred to in sub-section (1) of section 76 of the Act;

  • City Commission means the legislative body of the City of Miami.

  • Tipped employee means any employee engaged in an occupation in which he or she customarily and regularly receives more than thirty dollars ($30) per month in tips; and

  • Part-time employment means any employment or combination of one or more employments in a civil division in which an individual works fifty percent (50%) or less of the time prescribed as the standard work week by the governing body or other appropriate authority of the civil division or where the employee earns not more than one-half (1/2) of the rate assigned to the position if the position has been allocated to a graded salary schedule.

  • University Grants Commission means the Commission established under section 4 of the University Grants Commission Act, 1956 (Central Act 3 of 1956);

  • Part-Time Employees means employees employed on a permanent basis, but obligated to work less than a full (i.e., forty-hour) work week.

  • Date of Termination means the date of receipt of the Notice of Termination or any later date specified therein, as the case may be; provided, however, that (i) if the Executive's employment is terminated by the Company other than for Cause or Disability, the Date of Termination shall be the date on which the Company notifies the Executive of such termination and (ii) if the Executive's employment is terminated by reason of death or Disability, the Date of Termination shall be the date of death of the Executive or the Disability Effective Date, as the case may be.

  • 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.

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.