Sales incentive definition

Sales incentive. Means amount of any type of remuneration like commission, Bonus, Gifts, profits, Incentives etc. including financial and non financial benefit payable to the Direct Seller for effecting sale of goods /products as stipulated in the contract between the Direct Seller and Direct Selling entity on a monthly or periodic or yearly basis or both a the case may be. But amount of remuneration from the recruitment to participate in such direct selling shall not be the part of the sales incentive.
Sales incentive has the meaning specified in Section 9.3.
Sales incentive means the earnings of a Participant which are attributable to sales results, and considered "wages" for FICA and federal income tax withholding, but before any deferrals made pursuant to this Plan or any other plan.

Examples of Sales incentive in a sentence

  • Sales incentive compensation advances are subject to adjustments based on post sale order activity.

  • When presenting The Company business or discussing the Sales incentive and rewards program with a prospective IBD, or if a IBD makes an income representation to a prospective IBD, the IBD must provide the prospect with a copy of the official Income Disclosure Statement (the “IDS”).

  • The continuation of an IBD’s business or an IBD’s acceptance of bonuses or commissions as per the Sales incentive and rewards program constitutes acceptance of any and all amendments.

  • If the employee moves to a position that is not covered by a Consumer Sales incentive Plan, or is separated from the Company, he or she will not be liable for any repayment.


More Definitions of Sales incentive

Sales incentive means the incentive(s) set out in Schedule 1;
Sales incentive means the percentage of Base Salary (as defined in section 1.01) that will be paid for achievement of Performance Measures as reflected on the Schedule applicable to the Participant for the Measurement Period. The annual Base Salary to be used in the calculation will be specified by Cambium’s HR department and, in the absence of such specification, shall be the annual Base Salary in effect at the beginning of the applicable Measurement Period.
Sales incentive. Means amount of incentive payable to the Direct Seller for effecting sale of goods /products as stipulated in the marketing plan literature.
Sales incentive. Means amount of any type of remuneration like commission, Bonus, Gifts, profits, Incentives etc. including financial and non- financial benefit payable to the Direct Seller related to their respective sales volume as per the company’s marketing plan for its or tie-up goods /products for effecting sale of goods /products as stipulated in the contract between the Direct Seller and Direct Selling entity on a monthly or periodic or yearly basis or both the case may be. But amount of remuneration from the recruitment to participate in such direct selling shall not be the part of the sales incentive. Such type of sales incentive shall be part of Remuneration system.
Sales incentive means a programme run with suppliers or sales agents to reward achievement of sales targets for a particular good or service.
Sales incentive means the commissions or other compensation payable to Employees, some or all of whose annual compensation is payable on a commission basis.
Sales incentive. If AMERX net sales for the fiscal 2023 quarter are over the prior fiscal years' net sales for the corresponding quarter, but the increase is less than 15%, incentive pay will consist of a cash payment equal to 6.00% of net sales growth for that quarter over the prior fiscal years' net sales for that quarter.