CHS Sales Commissions Sample Clauses

CHS Sales Commissions. The Company shall pay to the Executive sales commissions on the CHS Fees (as defined below) generated by the sales efforts of the Executive (the "CHS Sales Commissions") in an amount up to 25% of the amount (subject to allocation as described in subsection (d), below) of the CHS Fees for the first year of business from a CHS Employer, which CHS Fees were generated by the sales efforts of the Executive. CHS Sales Commissions shall be payable on CHS Fees applicable to CHS Employers located in any state or jurisdiction in which CHS is authorized and approved to conduct business. With respect to a business acquisition by CHS (whether such acquisition is structured as an asset, stock, merger, or other similar type of transaction), no CHS Sales Commissions shall be payable with respect to any fees received by CHS from any employer who, at the time of such acquisition, was a client or customer of the business acquired by CHS.
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CHS Sales Commissions. The Company shall pay to the Employee sales commissions on the CHS Fees (as defined below) generated by the sales efforts of the Employee (the "CHS Sales Commissions") as set forth in this section. For the first quarter of the 1998 Calendar Year, the CHS Sales Commissions shall be $177,920 (the "1998 First Quarter Commissions"). An amount equal to 5/12ths of the 1998 First Quarter Commissions shall be due and payable upon the execution of this amendment by the Employee. The remaining 1998 First Quarter Commissions shall be payable during the remainder of the 1998 Calendar Year in equal installments at the same time and in the same manner as the Employee's base salary is payable. If, during the 1998 Calendar Year, the Employee's employment is terminated by the Company for "just cause" (as defined in the Original Employment Agreement) other than due to the death of the Employee or by the Employee, then the Employee shall receive payment of the 1998 First Quarter Commissions payable through the date of termination of employment, and the Company shall have no further obligation with respect to the payment of the 1998 First Quarter Commissions. If, during the 1998 Calendar Year, the Employee's employment is terminated due to the death of the Employee or by the Company for any reason other than just cause, then the Employee (or his beneficiaries) shall receive payment of the 1998 First Quarter Commissions for the remainder of the 1998 Calendar Year in the manner set forth in the preceding sentence. In the event the Employee is not an employee of the Company at the time of any payment of the 1998 First Quarter Commission, the 1998 Xxxxx Xxxxxxx Xxxxxxxxxxx xxxll be treated as a salary continuation by the Company. Beginning as of the second quarter of the 1998 Calendar Year and continuing thereafter, the CHS Sales Commissions shall be in an amount up to 25% of the amount (subject to allocation as described in (d), below) of the CHS Fees for the first year of business from a CHS Employer, which CHS Fees were generated by the sales efforts of the Employee. CHS Sales Commissions shall be payable only on CHS Fees applicable to CHS Employers located in Ohio. With respect to the acquisition of another MCO by CHS (whether such acquisition is structured as an asset, stock, merger, or other similar type of transaction), no CHS Sales Commissions shall be payable with respect to any fees received by CHS with respect to any employer who, at the time of such acquisition, had e...
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CHS Sales Commissions. The Company shall pay to the Employee sales commissions on the CHS Fees (as defined below) generated by the sales efforts of the Employee (the "CHS Sales Commissions") as set forth in this section. For the 1997 Calendar Year (as defined below), the CHS Sales Commissions shall be $655,388, which represents approximately 6.1% of the 1997 CHS Fees. For the first quarter of the 1998 Calendar Year, the CHS Sales Commissions shall be in an amount up to 25% of the amount (subject to allocation as described in (d), below) of the gamma claim revenues of CHS accrued during such quarter. The parties shall enter into good faith discussions with respect to the CHS Sales Commissions payable for the remainder of the 1998 Calendar Year and thereafter, with the intent that the CHS Sales Commissions will be in an amount up to 25% of the amount (subject to allocation as described in (d), below) of the CHS Fees for the first year of business from a CHS Employer, which CHS Fees were generated by the sales efforts of the Employee. The parties will determine, among other things, the extent to which bonuses from the Bureau (as defined below) will be included in CHS Fees for the first year of business from a CHS Employer. CHS Sales Commissions shall be payable only on CHS Fees applicable to CHS Employers located in Ohio. With respect to the acquisition of another MCO by CHS (whether such acquisition is structured as an asset, stock, merger, or other similar type of transaction), no CHS Sales Commissions shall be payable with respect to any fees received by CHS with respect to any employer who, at the time of such acquisition, had either selected the acquired MCO as its MCO or been assigned to the acquired MCO by the Bureau (as defined below).
Sample 1
CHS Sales Commissions. The Company shall pay to the Employee sales commissions on the CHS Fees (as defined below) generated by the sales efforts of the Employee (the "CHS Sales Commissions") in an amount up to 25% of the amount (subject to allocation as described in subsection (d), below) of the CHS Fees for the first year of business from a CHS Employer, which CHS Fees were generated by the sales efforts of the Employee. CHS Sales Commissions shall be payable on CHS Fees applicable to CHS Employers located in any state or jurisdiction in which CHS is authorized and approved
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CHS Sales Commissions. The Company shall pay to the Employee sales commissions on the CHS Fees (as defined below) generated by the sales efforts of the Employee (the "CHS Sales Commissions") in an amount up to 25% of the amount (subject to allocation as described in subsection (d), below) of the CHS Fees for the first year of business from a CHS Employer, which CHS Fees were generated by the sales efforts of the Employee. CHS Sales Commissions shall be payable on CHS Fees applicable to CHS Employers located in any state or jurisdiction in which CHS is authorized and approved to conduct business. With respect to a business acquisition by CHS (whether such acquisition is structured as an asset, stock, merger, or other similar type of transaction), no CHS Sales Commissions shall be payable with respect to any fees received by CHS from any employer who, at the time of such acquisition, was a client or customer of the business acquired by CHS.
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Related to CHS Sales Commissions

  • Sales Commissions You shall not be entitled to charge a sales commission on the sale of Shares of the Company.

  • Sales Commission You shall be entitled to charge a sales commission on the sale or redemption, as appropriate, of each series and class of each Fund’s Shares in the amount of any initial, deferred or contingent deferred sales charge as set forth in our then effective prospectus. You may allow any sub-agents or dealers such commissions or discounts from and not exceeding the total sales commission as you shall deem advisable, so long as any such commissions or discounts are set forth in our current prospectus to the extent required by the applicable Federal and State securities laws. You may also make payments to sub-agents or dealers from your own resources, subject to the following conditions: (a) any such payments shall not create any obligation for or recourse against the Fund or any series or class, and (b) the terms and conditions of any such payments are consistent with our prospectus and applicable Federal and State securities laws and are disclosed in our prospectus or statement of additional information to the extent such laws may require.

  • Selling Commissions Any and all commissions payable to underwriters, dealer managers or other broker-dealers in connection with the sale of Shares, including, without limitation, commissions payable to Behringer Securities LP.

  • Excess Brokerage Commissions The Adviser is hereby authorized, to the fullest extent now or hereafter permitted by law, to cause the Corporation to pay a member of a national securities exchange, broker or dealer an amount of commission for effecting a securities transaction in excess of the amount of commission another member of such exchange, broker or dealer would have charged for effecting that transaction, if the Adviser determines in good faith, taking into account such factors as price (including the applicable brokerage commission or dealer spread), size of order, difficulty of execution, and operational facilities of the firm and the firm’s risk and skill in positioning blocks of securities, that such amount of commission is reasonable in relation to the value of the brokerage and/or research services provided by such member, broker or dealer, viewed in terms of either that particular transaction or its overall responsibilities with respect to the Corporation’s portfolio, and constitutes the best net results for the Corporation.

  • Dealers’ Commissions Except for volume discounts described in the “Plan of Distribution” section of the Prospectus, which volume discounts shall be the responsibility of the Dealer to provide to investors who qualify, and except as otherwise provided in the “Plan of Distribution” section of the Prospectus, the Dealer’s sales commission applicable to the Shares sold by Dealer which it is authorized to sell hereunder is 7.0% of the gross proceeds of Shares sold by it and accepted and confirmed by the Company, which commission will be payable by the Dealer Manager. No sales commissions shall be paid with respect to Shares issued and sold pursuant to the Company’s distribution reinvestment plan. For these purposes, shares shall be deemed to be “sold” if and only if a transaction has closed with a subscriber for Shares pursuant to all applicable offering and subscription documents, the Company has accepted the subscription agreement of such subscriber, and such Shares have been fully paid for. The Dealer affirms that the Dealer Manager’s liability for commissions payable is limited solely to the proceeds of commissions receivable from the Company, and the Dealer hereby waives any and all rights to receive payment of commissions due until such time as the Dealer Manager is in receipt of the commission from the Company. In addition, as set forth in the Prospectus, the Dealer Manager may, in its sole discretion, reallow a portion of its dealer manager fee to Dealers participating in the offering of Shares as marketing fees, reimbursement of costs and expenses of attending educational conferences or to defray other distribution-related expenses. The parties hereby agree that the foregoing commission is not in excess of the usual and customary distributors’ or sellers’ commission received in the sale of securities similar to the Shares, that Dealer’s interest in the offering is limited to such commission from the Dealer Manager and Dealer’s indemnity referred to in Section 4 of the Dealer Manager Agreement, and that the Company is not liable or responsible for the direct payment of such commission to the Dealer. In addition, as set forth in the Prospectus, the Dealer Manager may reimburse Dealer up to 0.5% of gross proceeds for bona fide due diligence expenses incurred by such Dealer. The Dealer Manager shall have the right to require the Dealer to provide a detailed and itemized invoice as a condition to the reimbursement of any such due diligence expenses.

  • Brokerage Commissions All brokers' commissions and other charges incident to the purchase, sale or lending of the Fund 's portfolio securities.

  • Brokerage Commission Acquirer has not engaged the services of, nor has it or will it or Contributor become liable to, any real estate agent, broker, finder or any other person or entity for any brokerage or finder's fee, commission or other amount with respect to the transactions described herein on account of any action by Acquirer. Acquirer hereby agrees to indemnify and hold Contributor and its employees, directors, members, partners, affiliates and agents harmless against any claims, liabilities, damages or expenses arising out of a breach of the foregoing. This indemnification shall survive Closing or any termination of this Agreement.

  • No Commissions Neither the Company nor any of its Subsidiaries is a party to any contract, agreement or understanding with any person (other than as contemplated by this Agreement or any Terms Agreement) that would give rise to a valid claim against the Company or any of its Subsidiaries or the Agent for a brokerage commission, finder’s fee or like payment in connection with the offering and sale of the Shares.

  • Leasing Commissions On or before the Closing Date, Seller shall pay in full all leasing commissions due to leasing or other agents for the current remaining term of the Lease (determined without regard to any unexercised termination or cancellation right).

  • Gross Sales Notwithstanding anything in the Lease to the contrary the definition of Gross Sales shall be as follows:

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