COMMISSION ADJUSTMENT. A. The provisional commission allowed the Company shall be adjusted in accordance with the provisions set forth herein. The adjusted commission rate shall be calculated as follows and be applied to Net Premiums Earned:
COMMISSION ADJUSTMENT. On the fifth (5th) anniversary of the Effective Date of this Agreement, upon the written request of either Party, the Parties shall negotiate in good faith an adjustment to the commission to take into account changes in market conditions, operating conditions or costs, including overhead costs, inflation or other factors; provided, however, that in the event the Parties are unable to agree to any such adjustments within thirty (30) days following commencement of such negotiations, no adjustment to the commission will be made.
COMMISSION ADJUSTMENT. A. 1. The final ceding commission shall be determined by the loss experience under this Agreement. The Company will calculate an adjusted ceding commission for the Underwriting Period within 14 months following the inception of the Underwriting Period based on premiums earned and losses incurred. The provisional ceding commission will be adjusted between the parties as appropriate. Adjustments for the Underwriting Period continue to be made annually until all losses ascribed to the Underwriting Period have been paid or closed, at which time the ceding commission will become final. For purposes of this calculation, no upward adjustment will be made until 26 months following the inception of the Underwriting Period.
COMMISSION ADJUSTMENT. A. 1. The final ceding commission shall be determined by the loss experience under this Agreement for each Adjustment Period (as defined in Article 10). There shall be provisional adjustments and a final adjustment for each Adjustment Period, all in accordance with the other paragraphs of this Article.
COMMISSION ADJUSTMENT. A. The provisional commission allowed the Company shall be adjusted periodically for each underwriting year in accordance with the provisions set forth herein. The adjusted commission rate shall be calculated as follows and be applied to premiums earned for the underwriting year under consideration:
COMMISSION ADJUSTMENT. Any upline distributors affected by the returns of products to Hylife will have to make adjustment by conforming to commission, income from line and bonus account, personal balance, etc, depending on the commission and the bonus paid for the returned products.
COMMISSION ADJUSTMENT. This Article shall apply only to Section C Business.
COMMISSION ADJUSTMENT. This Article shall apply to only Section C of the Retention and Limit Article.
COMMISSION ADJUSTMENT. To ensure that the Commission payable under this Contract is competitive City shall survey similar venues within the industry and may increase or decrease the Commission at the beginning of the Renewal Term of this Contract. Agreements between Contractor and Licensees executed prior to the effective date of City’s notice, shall not be effected by the Commission adjustment. Contractor must provide to Director within five (5) days of receipt of City’s notification a list of those Licensees which are under agreement with Contractor as of date of notification.
COMMISSION ADJUSTMENT paragraph A.3. will read as follows and not as heretofore:
