Common use of Recurring Commissions Clause in Contracts

Recurring Commissions. After a commissionable account has been open for two years, commissions on that account will phase to half of the then-current Commission Rate and will continue to be paid as long as the Reseller is either active or has been active for at least 5 years. Recurring commissions will cease to be paid if the Reseller has not brought on any new accounts in twelve consecutive months and has not been active for 5 years.