AGENT COMPENSATION definition

AGENT COMPENSATION. A Tenant procurement fee of fifty per cent (50%) of the first month's rent shall be charged for the acquisition of each new Tenant. This fee is not charged when re-leasing to an existing Tenant. The management fee is five per cent (5%) of the monthly rent after the first month. No fee is charged when the premises are vacant. The minimum monthly management fee is fifty dollars ($50.00) per property when the Premises are occupied.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

AGENT COMPENSATION. LMG is responsible for weekly processing and payment via check or EFT of first-year and trailing commissions to Wholesalers and Producers. Commission payments result from premium being applied to appropriate IIC Contracts. LMG is responsible for generating the weekly commission statements, maintenance of year-to-date commission information, and processing of the actual commission payment. Agent compensation amounts are determined by the Producer's LMG contract level, product type, age of annuitant and owner, and premium amount. Premium Accounting LMG is responsible for receiving premium checks and depositing into IIC's Premium Fiduciary Account, as hereinafter provided in section 3 of this Appendix. The receipt of premium is recorded in the administrative system, and a general ledger entry is created to record the deposit. However, LMG is not responsible for investing and managing these assets. Tax Reporting to Agents LMG will be responsible for reporting on a yearly basis to Producers and Wholesalers information on all commissions earned, as well as other compensation such as incentive trips. Such reporting to Wholesalers and Producers will consist of generating and mailing 1099 forms. LMG will also be responsible for the transmission of such records to the applicable federal and state taxing authorities. LMG policies and procedures comply with all state and federal regulations. Tax Reporting to Policyholders LMG is responsible for reporting on a yearly basis to policyholders information regarding certain financial transactions on such IIC contracts. Reporting to policyholders consists of generating and mailing 1099 forms, Year End Account Balances, and 5498 forms. LMG will also be responsible for the transmission of such records to the applicable federal and state taxing authorities. LMG policies and procedures comply with all state and federal taxing authority regulations. Such tax reporting only encompasses disbursements that are made by LMG on behalf of IIC. IIC shall be responsible for any tax reporting for disbursements made by IIC directly. Tax Reporting to Vendors LMG will be responsible for reporting on a yearly basis to its vendors information on all compensation paid. Such reporting to vendors will consist of generating and mailing 1099 forms. LMG will also be responsible for the transmission of such records to the applicable federal and state taxing authorities. LMG's policies and procedures comply with all state and federal regulations. Tax R...

AGENT COMPENSATION. Company shall pay all Residuals due to Agent on or about the 30th day following the last day of the month during which the Residuals are received by Company. Company shall make a good faith effort to pay all Fees due to Agent on or about the week following the week during which the Fees are received by Company and in no event later than the 30th day following the last day of the month during which the Fees are received by Company. In the event that Agent disputes any Residual or Fee payment received hereunder, Agent agrees to notify Company within ninety (90) days of the date of the disputed Residual or Fee due date, or Agent waives the right to contest the Residual or Fee payment in question. a.) Residuals: Agent shall be paid a fifty percent (50%) share of Residuals received by Company for Open Accounts referred by Agent to Company. One-hundred percent (100%) of Agent’s Signing bonuses shall be reimbursed to Company from Agent’s share of residuals.

Examples of AGENT COMPENSATION in a sentence

Signature: Date: EXHIBIT A – INDEPENDENT SALES AGENT COMPENSATION SCHEDULE This Independent Sales Agent Compensation Schedule sets out the terms of payment of Compensation under the Agreement (the "Agreement").
By:________________________________________ Name: Title: < F-6 > NATIONAL CITY BANK, AS ESCROW AGENT By:________________________________________ Name: Title: < F-7 > SCHEDULE A ---------- ESCROW AGENT COMPENSATION REVIEW, ACCEPTANCE AND SET UP FEE $ 500.00 For providing initial review of the Escrow Agreement and all supporting documents and for initial services associated with establishing the account.
EXHIBIT B AGENT COMPENSATION I STANDARD UP-FRONT COMPENSATION AGENT will be paid *** for each New Subscriber enrolled in the Area under on a twelve month or longer digital service package having a minimum monthly charge of more than *** or greater and for which BCN does not pay reduced compensation as provided Article VIII.
Title: Chief Operating Officer Title: President EXHIBIT A [INTENTIONALLY OMITTED] EXHIBIT B AGENT COMPENSATION I STANDARD UP-FRONT COMPENSATION Compensation under this section is for Agent's sale of NewCo's standard voice grade switched Wireless Service, whether or not such service is used by the Subscriber to transport data or voice (in keeping with standard industry terminology patterns, hereafter referred to as "Plain Old Wireless Service" or "POWS").
IMPOUND AGENT COMPENSATION -------------------------- The Company will pay the Impound Agent reasonable compensation for its services in the amount of $1,000 representative of the set-up fee and $1,250 annual account maintenance fee.
L▇▇▇▇▇▇ ▇▇▇ll compensate Agent on a monthly commission basis (according to the schedule(s) set forth in Exhibit E - AGENT COMPENSATION for each Service Agreement that it actively and materially contributes to the execution of, in accordance with the terms and conditions hereof.
Michael Randall -------------------------------------- Title: Senior Vice President ------------------------------------- /s/ Todd Teiber ------------------------------------------- Todd Teiber, individually Ed▇▇▇▇ ▇▇▇▇▇▇ein ------------------------------------------- Edward Oberstein, individually ▇▇▇▇▇▇▇ ▇ ESCROW AGENT COMPENSATION As compensation for its services hereunder from the date of this Agreement through the one year anniversary date hereof, Escrow Agent shall receive a fee of $2,500.00.
By: _______________________________ Name: Title: NATIONAL CITY BANK, AS ESCROW AGENT By: _______________________________ Name: Title: < A-7 > SCHEDULE A ---------- ESCROW AGENT COMPENSATION REVIEW, ACCEPTANCE AND SET UP FEE $ 500.00 For providing initial review of the Escrow Agreement and all supporting documents and for initial services associated with establishing the account.
AMERICAN NATIONAL INSURANCE COMPANY GENERAL AGENT COMPENSATION SCHEDULE Life Products Ages 1st Year Target Premium Yr. 2 - 3 Additional Deposits/Renewals Yr. Yr. Yr. 4 - 5 6 - 7 8 - 10 Yr. 11+ 1 ANICO Select ROP Term (Annual policy fee of $60.00 is non-commissionable) ROP Rider commission same rate as policy commission.
Printed: January 23, 1998 14 15 APPENDIX B TERRITORY SERVED Colorado Printed: January 23, 1998 15 16 APPENDIX C STRATEGIC AGENT COMPENSATION COMPENSATION SCHEDULE Compensation shall be earned by Agent in two installments hereinafter referred to as the "initial compensation" and the "remaining compensation".

More Definitions of AGENT COMPENSATION

AGENT COMPENSATION. At closing, Issuer shall pay Agent a cash commission equal to 10.00% of the total proceeds received by Issuer in the transaction and a 3.00% unaccountable expense allowance. Additionally, at closing, Issuer shall grant to Agent 50,000 common stock purchase warrants with an exercise price of $1.50 per share. EQUITY SECURITIES INVESTMENTS, INC. By:______________________ Its:_______________________ CASH SYSTEMS, INC. By:______________________ Its:_______________________ CASH SYSTEMS, INC.-EQUITY SECURITIES INVESTMENTS, INC. TERM SHEET This term sheet summarizes the principal terms of an anticipated financing by Equity Securities Investments, Inc. (the "Agent") on behalf of Cash Systems, Inc. (the "Company"). This term sheet is intended solely as a basis for further discussion and is not intended to be and does not constitute a legally binding obligation. No other legally binding obligations will be created, implied, or inferred until documents in final form related to the offering are executed and delivered by all parties. Without limiting the generality of the foregoing, it is the parties intent that, until that event, no agreement shall exist among them and there shall be no obligations whatsoever based on such things as parol evidence, extended negotiations, "handshakes," oral understandings, or courses of conduct (including reliance and changes of position). The Company and the Agent are discussing a placement on the following terms: Company/Issuer: Cash Systems, Inc. Security: 1,500,000 B 3,500,000 shares. Subject to the Milestone Adjustments set forth below, each share shall be priced at $2.00 per share unit and each unit shall consist of one share of common stock and one warrant to purchase one additional share of common stock at a mutually to-be-agreed upon price.

AGENT COMPENSATION. For each Trio closing, one of Trio’s designated holding companies is the buyer, and Trio Residential, LLC is the representing and referring broker of record for every Trio transaction. Upon Trio’s review of the property and acceptance of the contract, Trio proceeds with financing by having the contract assigned to its named buying entity. Brokers receive negotiated commissions on each closing less a 25% transaction fee paid to Trio Residential. Further, Agents and/or approved Brokerages having been trained in the Trio program and that pass the required test with training will receive the designation of Trio Preferred Agent (“TPA”); this designation will benefit customers with a credit to their required Trio program fees of up to Procuring Cause: Brokers and their Agents participating with Trio acknowledge and agree that Trio and its designated holding entities are the buyers on every transaction and Trio Residential is the referring broker and Procuring Cause. Brokers and their agents understand that individual customers are not purchasing homes directly, rather Trio is the buyer through its designated holding entities. Broker and Agent Requirements for Doing Business with Trio: