Representative Commissions Sample Clauses
The Representative Commissions clause defines the terms under which a representative, such as a sales agent or broker, is compensated for their services, typically through a percentage of sales or revenue generated. This clause outlines how commissions are calculated, when they are paid, and any conditions or exclusions that may apply, such as minimum sales thresholds or payment upon client receipt. Its core practical function is to ensure both parties have a clear understanding of compensation expectations, thereby reducing disputes and aligning incentives.
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Representative Commissions. In the event GCT directly supplies Products to a Customer in the Territory but DISTRIBUTOR acts as a sales representative with respect to such Customer by providing services that include, without limitation, account mining, customer communication and customer support, GCT shall pay to DISTRIBUTOR the “Representative Commission” set forth in Attachment #1. In the event DISTRIBUTOR wishes to distribute Products to a Customer whose major design, manufacturing or procurement decisions are made within the Territory, but whose purchase of Products is made by a subsidiary or affiliate located outside the Territory (such that the Customer does not technically satisfy the definition of Customer set forth in this Agreement) then with GCT’s prior written approval (a) DISTRIBUTOR shall collaborate with local distributor assigned by GCT in the region that includes the subsidiary or affiliate’s place of business to sell the Products to such Customer; and (b) GCT shall pay to DISTRIBUTOR a Representative Commission in connection with the sale, as set forth in Attachment # 1.
Representative Commissions. In consideration of the services of Representative under this Agreement, MSS will pay Representative commissions as set forth below:
6.1 Criteria for Commissions. Representative is eligible to receive commissions only with respect to PST Tests that were submitted by Dental Providers in the Territory. In no case will commissions be paid on orders by Dental Providers from whom Representative is not authorized to solicit orders.
Representative Commissions. In consideration of the services of Representative under this Agreement, MSS will pay Representative commissions as set forth below: