Common use of Compensation After Termination Clause in Contracts

Compensation After Termination. Upon termination of this agreement, payments under this section shall cease; provided, however, that so long as Associate-Licensee is not in default of any provision of this Agreement, Associate-Licensee shall be entitled to payments for periods or partial periods that occurred prior to the date of termination and for which Associate-Licensee has not yet been paid. Associate-Licensee authorizes Broker to deduct from any commissions due at termination of this Agreement all financial obligations owed to Broker that are imposed by terms of this Agreement. Furthermore, in the event Associate-Licensee leaves and has transactions pending that require further work normally rendered by the Associate-Licensee, Broker shall make arrangements for Broker or another Licensee in the company to perform the required work, and the Broker or Licensee assigned shall be compensated for completing the details of pending transactions and such compensation shall be deducted from the terminated associate-licensee’s share of the commission. Broker has full authority to determine the commission to be paid to each associate-licensee.

Appears in 2 contracts

Samples: Independent Contractor Agreement, Independent Contractor Agreement

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Compensation After Termination. Upon termination of this agreementAgreement, payments under this section shall cease; provided, however, that so long as Associate-Licensee is not in default of any provision of this Agreement, Associate-Licensee shall be entitled to payments for periods or partial periods that occurred prior to the date of termination and for which Associate-Licensee has not yet been paid. Associate-Licensee authorizes Broker to deduct from any commissions due at termination of this Agreement all financial obligations owed to Broker that are imposed by the terms of this Agreement. Furthermore, in the event Associate-Licensee leaves the Broker and has pending transactions pending that require further work normally rendered by the Associate-Licensee, Broker shall make arrangements for Broker or another Associate- Licensee in the company to perform the required work, and the Broker or Associate-Licensee assigned shall be compensated for completing the details of pending transactions and such compensation shall be deducted from the terminated associateAssociate-licenseeLicensee’s share of the commission. Broker has full authority to determine the commission to be paid to each associate-licensee.

Appears in 1 contract

Samples: Independent Contractor Agreement

Compensation After Termination. Upon termination of this agreement, payments under this section shall cease; provided, however, that so long as Associate-Licensee is not in default of any provision of this Agreement, Associate-Licensee shall be entitled to payments for periods or partial periods that occurred prior to the date of termination and for which Associate-Licensee has not yet been paid. Associate-Licensee authorizes Broker to deduct from any commissions due at termination of this Agreement all financial obligations owed to Broker that are imposed by terms of this Agreement. Furthermore, in the event Associate-Licensee voluntarily leaves or is terminated, and has transactions pending that require further work normally rendered by the Associate-Licensee, Broker shall make arrangements for Broker or another Licensee in the company to perform the required work, and the Broker or Licensee assigned shall be compensated for completing the details of pending transactions and such compensation shall be deducted from the terminated associate-licensee’s share of the commission. Broker has full authority to determine the commission to be paid to each associate-licensee.

Appears in 1 contract

Samples: Independent Contractor Agreement

Compensation After Termination. Upon termination of this agreement, payments under this section shall cease; provided, however, that so long as Associate-Licensee is not in default of any provision portion of this Agreement, Associate-Licensee shall be entitled to payments for periods or partial periods that occurred prior to the date of termination termination, and for which Associate-Licensee has not yet been paid. Associate-Licensee authorizes Broker to deduct from any commissions due at termination of this Agreement all financial obligations owed to Broker that are imposed by terms of this Agreement. Furthermore, in the event that Associate-Licensee leaves and has transactions pending that require further work normally rendered by the Associate-Licensee, Broker shall make arrangements for Broker or another Licensee licensee in the company to perform the required work, and the Broker or Licensee licensee assigned shall be compensated for completing the details of pending transactions transaction, and such compensation shall be deducted from the terminated associateAssociate-licenseeLicensee’s share of the commission. Broker has full authority to determine the commission to be paid to each associate-licensee.

Appears in 1 contract

Samples: Independent Contractor Agreement

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Compensation After Termination. Upon termination of this agreement, payments under this section shall cease; provided, however, that so long as Associate-Associate- Licensee is not in default of any provision of this Agreement, Associate-Licensee shall be entitled to payments for periods or partial periods that occurred prior to the date of termination and for which Associate-Licensee has not yet been paid. Associate-Licensee authorizes Broker to deduct from any commissions due at the termination of this Agreement all financial obligations owed to Broker that are imposed by the terms of this Agreement. Furthermore, in the event Associate-Associate Licensee leaves and has transactions pending that require further work normally rendered by the Associate-Associate Licensee, Broker shall make arrangements for Broker or another Licensee in the company to perform the required work, and the Broker or Licensee assigned Assigned shall be compensated for completing the details of pending transactions and such compensation shall be deducted from the terminated associate-licenseeagent’s share of the commission. Broker has full authority to determine the commission to be paid to each associate-licensee.

Appears in 1 contract

Samples: Contractor Agreement

Compensation After Termination. Upon termination of this agreement, payments under this section shall cease; provided, however, that so long as Associate-Licensee is not in default of any provision of this Agreement, Associate-Licensee shall be entitled to payments for periods or partial periods that occurred prior to the date of termination and for which Associate-Licensee has not yet been paid. Associate-Licensee authorizes Broker to deduct from any commissions due at termination of this Agreement all financial obligations owed to Broker that are imposed by terms of this Agreement. Furthermore, in the event Associate-Licensee voluntarily leaves or is terminated, and has transactions pending that require further work normally rendered by the Associate-Licensee, Broker shall make arrangements for Broker or another Licensee in the company to perform the required work, and the Broker or Licensee assigned shall be compensated for completing the details of pending transactions and such compensation shall be deducted from the terminated associate-licensee’s share of the commission. Broker Xxxxxx has full authority to determine the commission to be paid to each associate-licensee.

Appears in 1 contract

Samples: Independent Contractor Agreement

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