Common use of BONUS AND COMMISSION Clause in Contracts

BONUS AND COMMISSION. QUALIFICATIONS A Market Partner must be active and in compliance with the Agreement to qualify for bonuses and commissions. So long as a Market Partner complies with the Terms of the Agreement, MONAT shall pay commissions to such Market Partner in accordance with the Compensation Plan. The minimum amount for which MONAT will issue payment is $25.00. If a Market Partner’s commissions and bonuses do not equal or exceed $25.00, the Company will accrue the bonuses and commissions until they total $25.00. Payment will be issued once $25.00 has been accrued. Notwithstanding the foregoing, all commissions, bonuses or other compensation owed a Market Partner, regardless of the amount accrued, will be paid at the end of each fiscal year or upon the termination of a Market Partner’s Market Partner Agreement.