Commission Expense definition

Commission Expense means all direct expenses of NSI incurred in operating, managing, and executing the Sales Compensation Plan. These expenses include, but are not limited to amounts paid to Independent Distributors as Bonus Payments as well as NSI's operational costs associated with the calculation of these monthly payments.
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Commission Expense means all direct expenses incurred by the affiliated Nu Skin companies in operating, managing, and executing the Sales Compensation Plan. These expenses include, but are not limited to amounts paid to Distributors as Bonus Payments as well as operational costs associated with the calculation and generation of monthly payments.
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Examples of Commission Expense in a sentence

  • The Parties further agree to settle the difference between the amount of such Bonus Payments paid by NSUSA in each month (excluding the Exceptions) and the Fixed Commission Expense in such month.

  • The portion allocated to Commission Expense, Column D, Item ____, initially totaling ____ dollars ($____), shall be disbursed for the payment of Commission Expense.

  • The Parties further agree to settle the difference between the amount of such Bonus Payments paid by NSJ in each month and the Fixed Commission Expense in such month.

  • Customer acknowledges that the Xactly Commission Expense Accounting, Obero SPM and Xactly Advanced Quota Planning product offerings are hosted on the Microsoft Azure platform.

  • The LRWC’s general ledger, account 928 – Regulatory Commission Expense totaled $15,056 for the year-end 2018.

  • Notwithstanding anything else in this ---------------------- Agreement, in no event shall the Consulting Fee paid by NSK to NSI in any month, if any, in aggregate with the Bonus Payments paid by NSK to Resident NSI Distributors, exceed the Commission Expense Cap.

  • The actual Commission Assessment for LRWC totaled only $5,076 of which ▇▇▇▇▇▇▇ Shores should have received a 3% allocation of $152, not $452 The Company should adjust the account 928 - Regulatory Commission Expense to reflect only the assessment portion of the account.

  • The initial Commission Expense Percentage may be changed by NSI at anytime to reflect changes in the amount of actual Commission Expenses as a percentage of total commissionable sales globally by providing thirty (30) days advance written notice of any such change.

  • The initial Commission Expense Percentage shall be forty-three and one-half percent (43.5%).

  • The Parties agree that the Commission Expense Percentage used in calculating the Fixed Commission Expense shall remain consistent with actual commission expense as a percentage of commissionable sales of Products to NSI Independent Distributors globally plus the costs incurred by NSI in calculating and administering the Commission Payments.