Base Commission. The Company will pay to Executive a commission equal to 12.5% of the Company Revenue (as defined below) collected by the Company from each transaction for which Executive is identified as the account executive of record pursuant to the account maintenance policies of the Company as approved by the Board of the Company and as in effect from time to time (“Company Base Commission”). If Executive is the account executive of record and provides both the buyer and seller in the transaction the Base Commission will be increased to 25%. The Company Base Commission will be payable monthly and in arrears; provided, that any portion of the Company Base Commission otherwise accruing shall not be deemed to have accrued or be payable until all standards imposed by the Mortgage Broker Commission Deferral has been satisfied where the commission related to a sale of loans by Bank of Manhattan or any other mortgage banking affiliate of Manhattan Bancorp. The “Mortgage Broker Commission Deferral” shall be included in a company-wide sales commission program of the Company and Mortgage Broker, and will make payment of a portion of the commissions otherwise due in respect of the origination and placement of mortgage loans sourced by Mortgage Broker and their marketing or sale, contingent upon the loans being sold to
Base Commission. The Company will pay Executive a commission equal to (i) 2.75% of the Company Revenue (as defined below) from each transaction originated by the Company’s broker-dealer business (the “Company Base Commission”) and, (ii) 0.75% of the Mortgage Broker Revenue (the “Mortgage Broker Base Commission”). The Company Base Commission and Mortgage Broker Base Commission will be payable quarterly and in arrears; provided, that a portion of the Mortgage Broker Base Commission otherwise accruing shall not be deemed to have accrued or be payable until all standards imposed by the Mortgage Broker Commission Deferral have been satisfied. The “Mortgage Broker Commission Deferral” shall be included in a company-wide sales commission program of the Company and Mortgage Broker, and will make payment of a portion of the commissions otherwise due in respect of the origination and placement of mortgage loans sourced by Mortgage Broker and their marketing or sale, contingent upon the loans being sold to third party investors and adequate reserves and loss provisions being deducted for those loans consistent with the financial statements as approved by the Board and the Company’s auditors. The Mortgage Broker Base Commission and Company Base Commission shall be reviewed on the anniversary date hereof and may be increased by the
Base Commission. Base Commission is payable, at the rate set out in the table below, on the Net Price on all Qualifying Bookings. Base Commission On Line Bookings Off Line Bookings [ ]% 10% On Line Bookings’ means bookings made by you on the XxXxxxxxxx.xx.xx agent booking engine, on Amadeus Cruise or through your web site or any white label web site which you fulfill for. ‘Off Line Bookings’ means bookings made by you over the telephone with our London sales centre. All bookings with 2013 departures taken prior to 01 December 2012 will be payable at the standard base 2012 commercial agreement rate. On occasions, in support of specific promotional activity, we reserve the right to change the rate of Base Commission applicable from time to time at our absolute discretion. We will give you written notice of any change and the date from which the new rate will apply.
Base Commission. 3.1 Subject to Section 3.3 below, the Airline agrees to pay the Agency Base Commissions on Net Booked Revenue on bookings made through the following channels at the following rates: Airline Website (Ticketless) Basic (Z, W, V, M, R, C, D) 0% Standard (N, P, S, A, X, L) 0% Xxxxxxxx (X, X, X, X, X, X, U) 4% Freedom (Y, E, Q) 4% GDS (Ticketless or E-ticketed via ARC or BSP) Basic (Z, W, V, M, R, C, D) 0% Standard (N, P, S, A, X, L) 0% Xxxxxxxx (X, X, X, X, X, X, U) 4% Freedom (Y, E, Q) 4% Airline Call Centre Any 0% Xxxxxx Pass Any 5% The Airline shall calculate the Base Commission payment by multiplying the applicable Base Commission rate set forth above by the amount of Net Booked Revenue booked through the Agency in each month for each of the categories on which commission is payable as indicated in the chart above.
Base Commission. The starting point for the commission percentage is the Base Commission. That rate is determined based on the Jet Category in which the item is classified, as determined by Jet. (See below for Jet Base Commission Rate Schedule.) This base commission includes payment processing fees and other Jet operational costs (e.g. Jet Customer Service).
Base Commission. A base Commission, as commissions are defined in the PPP (the “Base Commission”), shall be paid on all CEP for Short Term Medical Products sold by Writing Agents in the Service Area.
Base Commission. A base Commission, as commissions are defined in the PPP (the “Base Commission”), shall be paid on all earned Paid Premium for all Individual Dental and Vision Products sold by Writing Agents in the Service Area.
Base Commission. A base Commission, as commissions are defined in the PPP (the “Base Commission”), shall be paid on all earned Paid and Posted Premium for all Individual Financial Protection Products sold by Writing Agents in the Service Area. THIS DOCUMENT HAS BEEN REDACTED AND IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST PURSUANT TO RULE 24b-2. REDACTED MATERIAL IS MARKED WITH [***] AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. ATTACHMENT B
Base Commission. The Executive shall receive, in addition to the Base Salary, an annual base commission (the “Base Commission”) equal to three percent (3%) of the Gross Profit (as defined under GAAP) of TRG and the Company’s Cyber Security Division. The Base Commission of any given year shall be paid shall be paid quarterly no later than 60 days from the last day of each quarter.
Base Commission. Company and Seller agree that beginning on February 1, 2005, Seller shall be entitled to Commissions on Money Transfer transactions (including Transfer Sends, Transfer Receives and Express Payment transactions), in the amount of [*] of the applicable Consumer Fee. Commissions payable to Seller on any new products will be negotiated.
