Agent Referral Program Sample Clauses

Agent Referral Program. Xxxxxxx will pay Agent a referral fee (“Referral Fee”) equal to 1% of the brokered revenue generated by agents referred to Carrier by Agent, in writing, and collected by Xxxxxxx, after the date [but during the Term] of this Agreement. Xxxxxxx will pay Agent the Referral Fee for a period of 12 months, beginning from the date the new Agent signs Carrier’s then current Freight Agent Agreement. Agent must obtain written acknowledgement of the Referral Fee from Carrier. Xxxxxxx will pay the fee monthly, on the 15th, or first pay period thereafter, of the month following the month that the fees were earned. Agent is responsible for notifying Carrier within 60 days of any Referral Fees that Agent believes he/she was entitled to receive, but did not receive. Carrier may cancel the Referral Fee program with 30 days written notice to Agent. In the event that Carrier terminates the Referral Fee program, Carrier shall pay all fees earned by Agent, prior to notice of cancellation of the program. Agent shall not be entitled to any fee or revenues generated after any termination of this Agreement. For example, if the Agent refers another agent (the “Referred Agent”) and the Referred Agent books $50,000 in a month of freight with Carrier that is brokered to other carriers; then, Carrier will pay to Agent a Referral Fee of $500 (1% times $50,000).
Sample 1
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Agent Referral Program. Broker will pay Agent a referral fee (“Referral Fee”) equal to 1% of the brokered revenue generated by agents referred to Broker by Agent, in writing, and collected by Xxxxxx, after the date [but during the Term] of this Agreement. Broker will pay Agent the Referral Fee for a period of 12 months, beginning from the date the new Agent signs Xxxxxx’s then current Freight Agent Agreement. Agent must obtain written acknowledgement of the Referral Fee from Broker. Xxxxxx will pay the fee monthly, on the 15th, or first pay period thereafter, of the month following the month that the fees were earned. Agent is responsible for notifying Broker within 60 days of any Referral Fees that Agent believes he/she was entitled to receive, but did not receive. Broker may cancel the Referral Fee program with 30 days written notice to Agent. In the event that Broker terminates the Referral Fee program, Broker shall pay all fees earned by Agent, prior to notice of cancellation of the program. Agent shall not be entitled to any fee or revenues generated after any termination of this Agreement. For example, if the Agent refers another agent (the “Referred Agent”) and the Referred Agent books $50,000 in a month of freight with Broker that is brokered to other carriers; then, Broker will pay to Agent a Referral Fee of $500 (1% times $50,000).
Sample 1

Related to Agent Referral Program

  • Patient Referrals Professional Business Manager and the Practice agree that the benefits to the Practice hereunder do not require, are not payment for, and are not in any way contingent upon the referral, admission, or any other arrangement for the provision of any item or service offered by Professional Business Manager to patients of the Practice in any facility, laboratory, center, or health care operation controlled, managed, or operated by Professional Business Manager.

  • Purpose; Incorporation by Reference of Auction Procedures and Settlement Procedures (a) On each Auction Date, the provisions of the Auction Procedures will be followed by the Auction Agent for the purpose of determining the Applicable Rate for the of APS, for the next Dividend Period therefor. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

  • Incorporation By Reference; Plan Document Receipt This Agreement is subject in all respects to the terms and provisions of the Plan (including, without limitation, any amendments thereto adopted at any time and from time to time unless such amendments are expressly intended not to apply to the Award provided hereunder), all of which terms and provisions are made a part of and incorporated in this Agreement as if they were each expressly set forth herein. Any capitalized term not defined in this Agreement shall have the same meaning as is ascribed thereto in the Plan. The Participant hereby acknowledges receipt of a true copy of the Plan and that the Participant has read the Plan carefully and fully understands its content. In the event of any conflict between the terms of this Agreement and the terms of the Plan, the terms of the Plan shall control.

  • Use of Immobilization Programs Provided (i) the Bank has received a certified copy of a resolution of the Board specifically approving the maintenance of Portfolio Securities in an immobilization program operated by a bank which meets the requirements of Section 26(a)(1) of the 1940 Act, and (ii) for each year following such approval the Board has reviewed and approved the arrangement and has not delivered an Officer's Certificate to the Bank indicating that the Board has withdrawn its approval, the Bank shall enter into such immobilization program with such bank acting as a subcustodian hereunder.

  • Purpose; Incorporation by Reference of Auction Procedures (a) On each Auction Date, the provisions of the Auction Procedures will be followed by the Auction Agent for the purpose of determining the Applicable Rate for each series of Preferred Shares, for each Dividend Period. Each periodic operation of such procedures is hereinafter referred to as an "Auction."

  • Administrative Support Services Fees Within forty-five (45) days of the end of each calendar quarter or at such other period as deemed appropriate by the Distributor, the Fund will make payments in the aggregate amount of up to 0.25% on an annual basis of the average during the period of the aggregate net asset value of the Shares computed as of the close of each business day (the “Service Fee”). Such Service Fee payments received from the Fund will compensate the Distributor for providing administrative support services with respect to Accounts. The administrative support services in connection with Accounts may include, but shall not be limited to, the administrative support services that a Recipient may render as described in Section 3(b)(i) below.

  • Data Processing System, Program and Information (a) The Investment Company shall not, solely by virtue of this Agreement, obtain any rights, title and interest in and to the computer systems and programs, including all related documentation, employed by FTIS in connection with rendering services hereunder; provided however, that the records prepared, maintained and preserved by FTIS pursuant to this Agreement shall be the property of the Investment Company.

  • Compliance Support Services Provide compliance policies and procedures related to services provided by BNY Mellon and, if mutually agreed, certain of the BNY Mellon Affiliates; summary procedures thereof; and periodic certification letters. · Such Compliance Support Services are administrative in nature and do not constitute, nor shall they be construed as constituting, legal advice or the provision of legal services for or on behalf of a Fund or any other person, and such services are subject to review and approval by the applicable Fund and by the Fund’s legal counsel. · Provide access to Fund records so as to permit the Fund or TRP to test the performance of BNY Mellon in providing the services under this Agreement. · Such Compliance Support Services performed by BNY Mellon under this Agreement shall be at the request and direction of the Fund and/or its chief compliance officer (the “Fund’s CCO”), as applicable. BNY Mellon disclaims liability to the Fund, and the Fund is solely responsible, for the selection, qualifications and performance of the Fund’s CCO and the adequacy and effectiveness of the Fund’s compliance program.

  • TECHNICAL SUPPORT SERVICES 2.1 The technical support services (the "Services"): Party A agrees to provide to Party B the relevant services requested by Party B, which are specified in Exhibit 1 attached hereto ("Exhibit 1").

  • Payments for Distribution Assistance and Administrative Support Services (a) Payments to the Distributor. In consideration of the payments made by the Fund to the Distributor under this Plan, the Distributor shall provide administrative support services and distribution services to the Fund. Such services include distribution assistance and administrative support services rendered in connection with Shares (1) sold in purchase transactions, (2) issued in exchange for shares of another investment company for which the Distributor serves as distributor or sub-distributor, or (3) issued pursuant to a plan of reorganization to which the Fund is a party. If the Board believes that the Distributor may not be rendering appropriate distribution assistance or administrative support services in connection with the sale of Shares, then the Distributor, at the request of the Board, shall provide the Board with a written report or other information to verify that the Distributor is providing appropriate services in this regard. For such services, the Fund will make the following payments to the Distributor:

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