Sales Compensation Plan Clause Samples

Sales Compensation Plan. ‌ A complete copy of the Sales Compensation Plan has been provided to you. The Sales Compensation Plan is a part of the Contract, and you are bound to its terms. The Sales Compensation Plan may be changed by the Company at any time with 30 days prior notice. A current copy of the Sales Compensation Plan may be found at ▇▇▇.▇▇▇▇▇▇.▇▇▇.▇▇.

Sales Compensation Plan. The Sales Compensation Plan shall apply to employees working in the following occupations:

Sales Compensation Plan. The specific plan utilized by the Company that outlines the details and requirements of the compensation structure for Brand Affiliates. A Brand Affiliate Account under which another Brand Affiliate Account is originally placed after it has applied to become a Brand Affiliate. A group of Brand Affiliates either directly sponsored or linked in a direct chain of sponsorship in the sales organization of a particular Brand Affiliate. Any market that is not an Authorized Market. A Uniform Resource Locator or web address.

Sales Compensation Plan. You will remain on and be eligible to receive a revenue based incentive payment based on sales metrics defined in the 2013 and 2014 Prolexic Incentive Compensation Plan. After the Closing Date, you will be converted to an Akamai Sales Compensation plan to be determined.] [Performance Bonus. You are eligible to participate in the Company Performance Bonus Program in accordance with the written terms and conditions of that program, which provides the potential for a bonus up to [__]% of your annual base salary. The bonus award, if any, will be based on both individual and corporate performance and will be determined by the Company and your manager in his or her sole discretion and will be prorated based on the date you actually begin working for the Company. In order to earn a bonus, you must be an active employee of the Company, in good standing, on the date the bonus is distributed. If a bonus award is declared and earned, it will be paid in Q1-2015.]

Sales Compensation Plan. You will also qualify to participate in a Sales Compensation Plan under which you can earn up to $355,000 in sales compensation. Details of your Sales Compensation Plan will be provided to you around the Closing Date. Stock Options: Adobe inspires employees to contribute at peak performance and share in the success of the company. In accordance with Adobe’s Equity Granting Guidelines, you will be granted the opportunity to purchase 30,000 shares of Adobe common stock, although these shares and the price at which you would be able to purchase them are subject to final approval by the appropriate committee of the Board of Directors and to the terms of the applicable equity plan. The option price is the closing price on the option grant date as quoted on the Nasdaq Global Select Market. Your stock options will vest with respect to 25% of the shares subject thereto on the first anniversary of the vesting measurement date and then with respect to 1/48th of the shares subject thereto monthly thereafter, subject to your continued employment through each vesting date.

Sales Compensation Plan. The Company will formalize and present you with an incentive compensation plan, which you will be required to sign in order to earn incentive compensation. Incentive compensation will be subject to payroll deductions and all required withholdings, and will be payable in accordance with the terms of the Sales Compensation Plan. For calendar year 2013, the amount of your annual bonus will be based on the attainment of established performance goals, which are reviewed annually. Your target and maximum annual commission potential shall be 100% and 175%, respectively, of $200,000. Commissions, if any, are paid following the close of each quarter.

Sales Compensation Plan. A. An Executor (ET) receives no compensation for sponsoring other Executor (ET)s. B. An Executor (ET) is neither guaranteed a specific income nor assured any level of profit or success. An Executor (ET)’s profit and success can come only through the successful sale of products or services and the sales of other Executor (ET)s within the Executor (ET)’s Organization. All success is based primarily on the efforts of the Executor (ET). C. Without affecting an Executor (ET)’s right to retail profits based on his sale of products or services, an Executor (ET) can receive a Bonus only if, on a monthly basis, he fulfills all requirements of the Sales Compensation Plan, including but not limited to, retail sales requirements, and is not in default of any material obligations under the Contract. D. An order for products or services to be resold is included in the Bonus and qualification computations for a given week or month only if received on or before the last business day of that period (week or month). Qualification and calculation of bonuses is subject to any cooling off and return policy requirements. If a Company credit is issued on products or services ordered but not available that month, Personal Sales Volume for those products or services will only be included in Bonus qualification computations for the month in which that credit is redeemed. E. Each Executor (ET) receiving a Bonus agrees to retain documentation, for at least four years, evidencing retail sale of products in the month for which the Bonus was paid. Each Executor (ET) agrees to make this documentation available to the Company at the Company’s request. An Executor (ET)’s failure to do so constitutes a breach of the Contract and entitles the Company to recoup any Bonus paid for orders in a month for which retail sales documentation is not maintained. F. In addition to any recoupment rights provided above, the Company reserves the right to recoup any Bonuses paid to any Executor (ET)s on products or services: 1) returned under the Company’s refund policy or exceptions thereto established by an authorized Distribution Center. 2) returned to an authorized Distribution Center under any applicable law; or 3) returned in relation to any incident of Distributor misconduct, including but not limited to unauthorized or misleading representations made either in connection with the offer or sale of any product or service, the opportunity or operation of the Sales Compensation Plan; or 4) stolen or obt...

Sales Compensation Plan. The specific plan utilized by the Company that outlines the details and requirements of the compensation structure for Distributors. A Distributorship under which another Distributorship is originally placed after it has applied to become a Distributor. Any country or market that is not an Authorized Country. A Uniform Resource Locator or web address.