Existing Clients. During the Term, the Company shall pay the Employee commissions equal to 12.5% of the revenue generated each calendar month during the Term on the Company’s RoboCent texting platform (the “RoboCent Platform”) by existing Advocacy Lab clients as mutually agreed to by the Parties and as set forth on Schedule B hereto (the “Existing Client Commissions”), with such existing client revenue amount determined in the sole discretion of the Company at the end of each calendar month within the Term (the “Existing Client Revenue Amount”). The applicable Existing Client Commission shall be payable on the next regularly scheduled payment date following the Company’s determination that the applicable Existing Client Revenue has been received by the Company, provided that the Employee is employed on such payment date.
Appears in 2 contracts
Sources: Employment Agreement (FullPAC, Inc.), Employment Agreement (FullPAC, Inc.)