Earning Period definition
Examples of Earning Period in a sentence
The first sentence of Section 10.1 shall be revised as follows: “Within thirty (30) days following the end of the Earning Period, Farmee shall convey to Deep Well, Northern or Deep Well Alberta, as directed by Deep Well, a 40% beneficial interest in those Farmout Lands (if any) in which Farmee has not earned an interest by the end of the Earning Period.”.
Commissions and Bonuses are processed and paid weekly (one week in arrears) based upon a day-by-day calculation of sales activity within the Bonus Earning Period.
BONUS QUALIFICATION PERIOD – The timeframe within which Active Status for a CBC is determined for a given Bonus Earning Period.
Once a Rank is achieved, it is permanent for Coach recognition purposes, however, Bonuses will be calculated and paid based upon the Paid-As Rank determined in the current Bonus Earning Period.
The Stock shall become completely vested upon completion of the Earning Period through Board service by the Director.