Commission Arrangements. 4. You will be eligible to be paid a commission payment only after the delivery of a vehicle to a customer.
Commission Arrangements a. After the Effective Time, in the event that you elect to terminate your WME Agency Royalty Payments (the “WME Commission Commencement”), you will be entitled to certain commissions with respect to any individuals or entities who are both (a) PW Clients (as defined below) and (b) Specified WME Clients (as defined below) (the “WME Commissions”). Notwithstanding the foregoing, in the event that a Specified WME Client is not a PW Client at the time of the WME Commission Commencement but thereafter becomes a PW Client, you will be entitled to WME Commissions with respect such clients, but only for new deals from and after the time such clients become a PW Clients. The WME Commissions will be equal to 50% of the talent agency commission revenues of the WME Agency Business earned with respect to any such clients (including, for the avoidance of doubt, commissions earned with respect to closed deals entered into prior to the WME Commission Commencement and new deals for those clients) for so long as such clients remain active clients of both the WME Agency Business and clients of your talent management business (the “WME Commission Arrangement”). However, the aggregate amount paid to you pursuant to the WME Commission Arrangement in a calendar year shall not exceed 2.5% of the Net Cash Profits of the WME Agency Business for the applicable calendar year. Any earned commissions pursuant to the WME Commission Arrangement (including the calculation of the 2.5% of Net Cash Profits cap) shall be determined, calculated, subject to review, dispute and dispute resolution, and timing of payment as is applicable to the WME Agency Royalty Payments set forth in Sections 4.a, 4.b and 4.c, mutatis mutandis, unless the parties otherwise agree to a different methodology. For the avoidance of doubt, your membership on the EGH Board in and of itself does not constitute talent agency services to the WME Agency Business for purposes of this Section 5. For purposes of this Letter Agreement, a “
Commission Arrangements. The Company is not a party to any Contracts or other arrangements to pay commissions or other form of variable compensation based on sales, purchases or other transactions to any Employees, third parties or persons other than those Contracts or other arrangements set forth on Schedule 4.21 annexed hereto.
Commission Arrangements. Commissions shall be computed quarterly based upon Net Vending Sales on Client Premises. The Report detailing Commissions due Client will accompany payment which shall be forwarded within ten (10) days of quarter end. Net Vending Sales are defined as the collected retail sales - less sales taxes, returns and spoilage. No Commission is paid on Cold Food Machines. Payment of Commissions will be made to the Client at the Notice Address on the signature page of this Agreement. The Commission Rates and prices are based in part, on population, hours of operation, other conditions such as projected usage, labor costs, product costs, fuel costs, federal, state and local tax structure, and any other levy or tax that impacts Vend Pro’s services and costs (Factors). If there are changes in the Factors, Vend Pro may modify the Commission Rates and/or Retail Prices, which shall be noted on the Commission Statements. All damages caused by City of Xxxxxx, it’s employees and agents, to vending machines and equipment will be deducted from Clients commissions after providing an invoice for the repair of the damage to the City of Xxxxxx and providing 30 days for City of Xxxxxx to contest the cause of damage or cost of repair. Commission 10% Reference RFP #7026 details Exhibit 1
Commission Arrangements. 22 11.6 Taxes.........................................................22 11.7 Registration..................................................22 12. Miscellaneous........................................................22 12.1 Nature and Survival of Representations, Warranties, Covenants and Indemnification.........................................22 12.2 Entire Agreement; Amendment...................................23 12.3 Notices.......................................................23 12.4 Severability..................................................24 12.5 Waivers.......................................................24 12.6
Commission Arrangements. Subject to NeoMedia's review and as long as such employees and representatives perform their duties, NeoMedia shall retain all commission arrangements with all current sales employees and representatives and consultants of ALS for one year, except for Xxxxx Xxxxxxxx, whose arrangement shall remain in place for two years.
Commission Arrangements. 4.1 FMC will pay to MC the following commission based on the FOBT sales price per tonne (exclusive of GST) during the Term.
Commission Arrangements. 19 3.30 Insurance..........................................................19 3.31 Improvements.......................................................20 3.32
Commission Arrangements. Except as set forth on Schedule 3.29, the Company does not have any sales or commission arrangements with any of its officers, directors, employees or shareholders or any of their Affiliates or Relatives.
Commission Arrangements. Neither the Corporation nor Glutino USA is a party to any Contracts or other arrangements to pay commissions or other form of variable compensation based on sales, purchases or other transactions to any employees, third parties or persons other than those Contracts or other arrangements set forth on Schedule 4.41 annexed hereto.
