Common use of CHS Sales Commissions Clause in Contracts

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.

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. busineSection 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.