Earned Commission Clause Samples
The Earned Commission clause defines when and how a party becomes entitled to receive commission payments under an agreement. Typically, it specifies the conditions that must be met—such as the completion of a sale, receipt of payment from a client, or fulfillment of certain performance milestones—before a commission is considered earned. This clause ensures clarity for both parties by establishing the precise point at which commissions are due, thereby preventing disputes over entitlement and payment timing.
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Earned Commission. Commissions are not actually earned or owed on eligible sales made by Employee until payment in full is received by the Company on those sales. Nevertheless, the Company will pay a draw against commissions and will advance the balance of the estimated commission to you as provided in this Agreement. Such draws and advances must be repaid to the Company to the extent all or part of the advanced commissions do not become eared due to a customer's return of the product or their failure to pay. That repayment is typically achieved through an adjustment to the estimated future commission payments according to Company policy. Employee specifically consents to such adjustments for unearned commissions.
Earned Commission. Any earned commission will accrue using the Affiliate Tracker technology as defined above in Section IV. After 30 days of purchase verification, any earned commission will be applied to an unpaid commission balance in the Independent Contractor’s account.