Common use of Sales Incentives Clause in Contracts

Sales Incentives. The Company or its Affiliates also may provide incentive items for registered representatives of the Managing Dealer and the Participating Brokers, which in no event shall exceed an aggregate of $100 per annum per participating salesperson. In the event other incentives are provided to registered representatives of the Managing Dealer or the Participating Brokers, they will only be paid in cash and such payments will only be made to the Managing Dealer or the Participating Brokers rather than their registered representatives. Before any such sales incentive program is offered, the Company agrees to obtain prior approval of the terms of such program from the NASD.

Sales Incentives. The Company or its Affiliates also may provide incentive items for registered representatives of the Managing Dealer and the Participating Brokers, which but in no event shall such gifts exceed an aggregate of $100 per annum per participating salespersonsalesperson and will otherwise comply with the NASD Conduct Rules. In the event other incentives are provided to registered representatives of the Managing Dealer or the Participating Brokers, they will only be paid in cash and such payments will only be made to the Managing Dealer or the Participating Brokers rather than to their registered representatives. Before any such sales incentive program is offered, the Company agrees to obtain prior approval of the terms of such program from the NASD.

Sales Incentives. The Company or its Affiliates also may provide incentive items for registered representatives of the Managing Dealer and the Participating Brokers, which but in no event shall such gifts exceed an aggregate of $100 per annum per participating salespersonsalesperson and such gifts will otherwise comply with the NASD Conduct Rules. In the event other incentives are provided to registered representatives of the Managing Dealer or the Participating Brokers, they will only be paid in cash and such payments will only be made to the Managing Dealer or the Participating Brokers rather than to their registered representatives. Before any such sales incentive program is offered, the Company agrees to obtain prior approval of the terms of such program from the NASD.

Sales Incentives. The Company or its Affiliates also may provide incentive items for registered representatives of the Managing Dealer Manager and the Participating Brokers, which in no event shall exceed an aggregate of $100 100.00 per annum per participating salespersonsales person. In the event other incentives are provided to registered representatives of the Managing Dealer Manager or the Participating Brokers, they will only be paid in cash and such payments will only be made to the Managing Dealer Manager or the Participating Brokers rather than their registered representatives. Before any such sales incentive program is offered, the Company agrees to obtain prior approval of the terms of such program from the NASD.