Sales incentive definition

Sales incentive. Means amount of any type of remuneration like commission, Bonus, Gifts, profits, Incentives etc. including financial and non financial benefit payable to the Direct Seller for effecting sale of goods /products as stipulated in the contract between the Direct Seller and Direct Selling entity on a monthly or periodic or yearly basis or both a the case may be. But amount of remuneration from the recruitment to participate in such direct selling shall not be the part of the sales incentive.
Sales incentive has the meaning specified in Section 9.3.
Sales incentive means the earnings of a Participant which are attributable to sales results, and considered "wages" for FICA and federal income tax withholding, but before any deferrals made pursuant to this Plan or any other plan.

Examples of Sales incentive in a sentence

  • Employees will maintain eligibility for the quarterly Category Sales Incentive (CSI) and other contests and incentive programs if offered by the company.

  • Sales Incentive Program Throughout the course of the GLM/LoJack relationship, there was a sales incentive program, which involved payments to automobile dealerships by LoJack to be used to reward dealership employees for selling LoJack Units to their customers.

  • The Airlines agree to make available to the Agent the Sales Incentive for Qualifying Sales for the period stipulated in Schedule 1 (or subsequent schedules issued in accordance with clause3).

  • Selling Expense consists of 1) Wage, Salaries and Fixed Cost relevant to employee, and 2) Utility Expense, Sales Incentive which IFA assume that in 2017-2021, there will be growth of 12.50%, 6.25%, 3.75%, 3.75% and 3.75% respectively, regarding to the forecast from the company.


More Definitions of Sales incentive

Sales incentive means the incentive(s) set out in Schedule 1;
Sales incentive means the percentage of Base Salary (as defined in section 1.01) that will be paid for achievement of Performance Measures as reflected on the Schedule applicable to the Participant for the Measurement Period. The annual Base Salary to be used in the calculation will be specified by Cambium’s HR department and, in the absence of such specification, shall be the annual Base Salary in effect at the beginning of the applicable Measurement Period.
Sales incentive means a programme run with suppliers or third party sales agents to reward achievement of sales targets for a particular product or service.
Sales incentive has the meaning set forth in Section 2.4.
Sales incentive means a programme run with suppliers or sales agents to reward achievement of sales targets for a particular good or service.
Sales incentive means the commissions or other compensation payable to Employees, some or all of whose annual compensation is payable on a commission basis.
Sales incentive. If AMERX net sales for the fiscal 2023 quarter are over the prior fiscal years' net sales for the corresponding quarter, but the increase is less than 15%, incentive pay will consist of a cash payment equal to 6.00% of net sales growth for that quarter over the prior fiscal years' net sales for that quarter.