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. Means amount of incentive payable to the Direct Seller for effecting sale of goods/products as stipulated in the contract between the Direct Seller and Direct Selling entity.

Sales Incentive has the meaning specified in Section 9.3.

Examples of Sales Incentive in a sentence

• The Company shall pay the Direct Seller sales incentive/commission/compensation as prescribed in the Marketing Plan / Compensation Plan / Sales Incentive Plan which shall be available at the website of the company.

• That Sales Incentive accrued and paid to the Direct Seller is inclusive of all taxes.

• In connection with the foregoing, IBM and ACI each hereby irrevocably waive the obligations of the other Party pursuant to (i) in the case of the Existing Alliance Agreement, Section 1.4 thereof, (ii) in the case of the Existing Sales Incentive Agreement, Section 11 thereof, and (iii) in the case of the Confidentiality Agreement, the fifth paragraph of Section 7 thereof, in each case with respect to the procedure for the termination by the Parties of such agreements.

• Each of ACI and IBM hereby terminate (a) the Existing Alliance Agreement, (b) the Existing Sales Incentive Agreement and (c) the Confidentiality Agreement, and the Parties agree that each of the Existing Alliance Agreement, the Existing Sales Incentive Agreement and the Confidentiality Agreement cease to be of any further force or effect.

• In addition to the Annual Base Salary, the Executive shall be eligible to earn, for each calendar year ending during the Employment Period, an annual bonus (an “Annual Bonus”) on terms and conditions, including performance goals, as set forth from time to time in the Company’s Executive, Management and Sales Incentive Plan or such other short-term written bonus plan in effect during the Employment Period (collectively, the “Bonus Plan”).

More Definitions of Sales Incentive

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.

Sales Incentive. If AMERX net sales for the fiscal 2025 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.

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 a programme run with suppliers or third party sales agents to reward achievement of sales targets for a particular product or service.

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 the commissions or other compensation payable to Employees, some or all of whose annual compensation is payable on a commission basis.