Team Sales definition
Examples of Team Sales in a sentence
The Company has received no written notice of any pending or threatened claim by any current or former Store Manager, Store Assistant Manager, Store Supervisor and/or Team Sales Associate that he/she was improperly classified as an exempt employee, and, to the Company’s Knowledge, there is no threatened claim by any current or former Store Manager, Store Assistant Manager, Store Supervisor and/or Team Sales Associate that he/she is or was improperly classified as an exempt employee.
The Company has received no written notice of any pending or threatened inquiry or audit from any Governmental Entity concerning the Company’s classification of Store Managers, Store Assistant Managers, Store Supervisors and/or Team Sales Associates as exempt employees, and, to the Company’s Knowledge, there is no such threatened inquiry or audit from any Governmental Entity.
Team Sales: Sport Chalet Team Sales, Inc., a California corporation.
A Qualified Leader is one who has 3 Personally Sponsored Active Demonstrators and who has submitted at least $1,000 Monthly Personal Total Sales Volume and met the minimum Monthly Team Sales requirement of $4,000.
Inventory owned by Team Sales that Agent, in its discretion, reasonably exercised, deems to be Eligible Team Sales Inventory.
This release of claims extends to any and all claims of any nature whatsoever, other than with respect to the obligations of Jona and Ina to the Company according to this Agreement whether known, unknown or capable or incapable of being known as of the Termination Date of thereafter.
This Agreement, together with the terms and conditions of the adidas Team Sales catalog and of any account or credit application completed in connection with execution of this Agreement, all of which are incorporated into this Agreement by reference, constitutes the entire understanding between the parties with respect to the subject matter hereof and cannot be amended or modified except by an agreement in writing, signed by each of the parties.
Borrowing Base: on any date of determination, an amount equal to the lesser of (a) the Seasonal Revolver Limit, minus the LC Reserve; or (b) the sum of the Inventory Formula Amount plus 90% of the Value of Eligible Credit Card Receivables plus 75% of the Value of Eligible Team Sales Receivables plus 65% of the Value of Eligible Team Sales Inventory, minus the Availability Reserve.
The Vested Year calculation is used by NMC Field Services when determining what if, any, Commission is due an ISR after expiration or termination of the Agreement without cause and varies depending upon an ISR’s Personal Sales or an ISR’s Team Sales if ISR earned a Leader Title.
Remuneration based on BV is disbursed to the SECOND PARTY by way of commission on Daily/Weekly/Monthly basis… the Retail profit, Team Sales performance bonus and the Generation sales incentives.