Common use of Split Commissions Clause in Contracts

Split Commissions. In the event Loan Originator participates in such work with another employee or independent contractor of N A Nationwide Mortgage, Loan Originator’s share of the commission shall be divided between the participating persons according to the agreement between them, or by arbitration.

Appears in 2 contracts

Sources: Licensed Loan Originator Agreement, Licensed Loan Originator Agreement