Commission of Sample Clauses
The "Commission of" clause defines the terms under which a party is entitled to receive a commission, typically as compensation for facilitating a sale, transaction, or service. This clause outlines the percentage or amount of commission, the conditions that must be met for the commission to be earned (such as successful completion of a sale), and the timing or method of payment. By clearly specifying these details, the clause ensures both parties understand when and how commissions are paid, thereby preventing disputes and ensuring fair compensation for services rendered.
Commission of a felony or of a gross misdemeanor involving moral turpitude (except in the case of any benefit payable hereunder following a Change in Control);
Commission of a criminal offense by either party in the course of performance of the Agreement shall entitle the other to effect immediate termination upon giving written notice;
