Payplan Sample Clauses
A Payplan clause outlines the schedule and method by which payments will be made under a contract. Typically, it specifies the amounts due, the timing of each payment (such as upon completion of certain milestones or at regular intervals), and any conditions that must be met before payment is released. This clause ensures both parties have a clear understanding of financial obligations and timelines, reducing the risk of disputes over payment and helping to manage cash flow throughout the duration of the agreement.
Payplan. You qualify for Payplan. Appendix 1 contains the arrangements agreed for Payplan. The table below shows the percentages that apply, if you fulfil the agreed arrangements. The level of your position determines the percentage that applies to you. Percentages Payplan Retail as of 1-6-2013 Percentage of the actual salary 5 15.75% 6 15.75% 7 21.50% 8 26.00% 9 29.50% 10 29.50% 11 29.50%
Payplan. Up to 1 January 2015 you are eligible under the Payplan; after this date this scheme lapses and is replaced by the KPN Sales Plan. Appendix 1A contains the arrangements agreed for Payplan. The table below shows the percentages that apply if you fulfil the agreed arrangements. The level of your position determines the percentage that applies to you. Percentage of the actual salary 5 16.75% 6 16.75% 7 22.75% 8 31.25% 9 31.25% 10 36.25% 11 36.25% 12 36.25% 13 36.25%
Payplan. As at 1 January 2015 this Appendix lapses.