Compensation and Expense Allocation Clause Samples
The Compensation and Expense Allocation clause defines how payments and reimbursements are handled between the parties in an agreement. It typically outlines the specific compensation owed for services rendered, as well as which party is responsible for covering various expenses, such as travel, materials, or third-party costs. This clause ensures that both parties have a clear understanding of financial obligations, reducing the risk of disputes over payment or unexpected costs.
Compensation and Expense Allocation. A. For so long as Lead Generator association with the Market Center continues, all income earned from Lead Generators sales activities will be accounted for disbursed through the Market Center in accordance with LEADS PLUS Policies and guidelines. B. LEADS PLUS will share the commissions earned on all merchant sales in which Lead Generator represents a Market Center merchant in accordance with the commission splitting policies the LEADS PLUS orders generally to LEADS PLUS Lead Generators of the Market Center. LEADS PLUS current commission splitting policies are described in Schedule I of this agreement. Lead Generator acknowledges that LEADS PLUS retains sole discretion to change these policies; Lead Generator compensation will be payable only from closed transactions, and Lead Generator may not draw or borrow against any compensation payment
Compensation and Expense Allocation. A. For so long as Agent’s association with the Market Center continues, all income earned from Agent’s sales activities will be accounted for disbursed through the Market Center in accordance with LEADS PLUS Policies and Guidelines.
B. LEADS PLUS will share the commissions earned on all merchant sales in which Agent represents a Market Center merchant in accordance with the commission splitting policies the LEADS PLUS orders generally to LEADS PLUS sales associates of the Market Center. LEADS PLUS current commission splitting policies are described in Schedule I of this agreement. Agent acknowledges that LEADS PLUS retains sole discretion to change these policies; Agent’s compensation will be payable only from closed transactions, and Agent may not draw or borrow against any compensation payment.
C. At the LEADS PLUS discretion, LEADS PLUS will pay certain consumable expenses on Agents behalf, proved the Agent participates in weekly, preapproved accountability meeting. Expenses included, but are limited to approved stationary, envelopes, printing, and other related transactions.
Compensation and Expense Allocation. A. For so long as Agent’s association with the Market Center continues, all income earned from Agent’s sales activities will be accounted for disbursed through the Market Center in accordance with SalesTeamUSA Policies and Guidelines.
B. SalesTeamUSA will share the commissions earned on all merchant sales in which Agent represents a Market Center merchant in accordance with the commission splitting policies the SalesTeamUSA orders generally to SalesTeamUSA sales associates of the Market Center. SalesTeamUSA current commission splitting policies are described in Schedule I of this agreement. Agent acknowledges that SalesTeamUSA retains sole discretion to change these policies; Agent’s compensation will be payable only from closed transactions, and Agent may not draw or borrow against any compensation payment.
C. At the SalesTeamUSA discretion, SalesTeamUSA will pay certain consumable expenses on Agents behalf, proved the Agent participates in weekly, preapproved accountability meeting. Expenses included, but are limited to approved stationary, envelopes, printing, and other related transactions.
D. Sales Agent Bankcard Residuals terminate upon default of paying “Call Plus monthly license fee.
Compensation and Expense Allocation. For so long as Agent’s association with NJRRE continues, all income earned from Agent’s real estate activities will be accounted for and disbursed through NJRRE.
Compensation and Expense Allocation. A. For so long as Agent’s association with the Market Center continues, all income earned from Agent’s sales activities will be accounted for disbursed through the Market Center in accordance with ▇▇▇▇▇▇▇▇▇.▇▇ policies and guidelines.
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C. At the ▇▇▇▇▇▇▇▇▇.▇▇ discretion, ▇▇▇▇▇▇▇▇▇.▇▇ will pay certain consumable expenses on Agents behalf, proved the Agent participates in weekly, preapproved accountability meeting. Expenses included, but are limited to approved stationary, envelopes, printing, and other related transactions. D.