Target Commission definition

Target Commission means the variable annual compensation represented by the Sales Commission Employee is eligible to receive, prior to a Change of Control, in the event targeted revenue is achieved for the year.
View Source

Examples of Target Commission in a sentence

  • All reports, registration statements and other filings filed by Target with the Commission since January 1, 1995 through the date of this Agreement, together with any amendments thereto, are listed in the Target Disclosure Letter and are sometimes collectively referred to as the "Target Commission Filings".

  • If, however (and again by way of example only), only 46% of the Revenue Target is achieved, the Employee will receive 0% of the Employee’s Target Commission.

  • For each additional percentage point achieved after seventy percent (70%) of the Revenue Target, the Employee shall earn a commensurate increase of the Employee’s Target Revenue, up to a maximum of one hundred percent (100%) of the Target Commission is earned.

  • You are eligible to earn an on-target gross annual commission of [NIS Target Commission Amount], based on and subject to the Company’s Commission Plan, as may be amended from time to time, and your achieving individual targets, which shall be provided to you and reviewed on an annual basis.

  • Target has heretofore delivered to Parent copies of the Target Commission Filings.

  • If seventy percent (70%) of the Revenue Target is achieved, the Employee shall earn seventy percent (70%) of the Target Commission.

  • Any earned Target Commission, minus applicable tax deductions, will be paid as soon as practicable after the revenue computations for the applicable year have been made, following the last pay date of the fiscal year.

  • The final determination of whether and to what extent Executive has achieved the Target Commission Bonus for any fiscal year shall be determined by the Board of Directors.

  • For the fiscal year 2024 only, the Employee’s Target Commission shall be $75,000 (e.g. 25% of the maximum Target Commission) and shall be guaranteed by the Company (the “2024 Guaranteed Commission”).

  • Seventy-five percent of the Revenue Target would have been achieved for that year and, therefore we assume the Employee would have received 75% of the Target Commission ($225,000) had the Employee been employed through the expected date of payment of the Target Commission for such year.

Related to Target Commission

  • Tax Commission means the Oklahoma Tax Commission;

  • Selling Commission means three percent (3.0%) of the gross proceeds of Shares sold pursuant to this Agreement, or as otherwise agreed between the Company and the Agent with respect to any Shares sold pursuant to this Agreement.

  • Joint Commission means a joint commission consisting of repre­ sentatives of Iran and of China, France, Germany, the Russian Federation, the United Kingdom and the United States with the High Representative of the Union for Foreign Affairs and Security Policy (‘High Representative’), that will be established to monitor the implementation of the Joint Comprehensive Plan of Action of 14 July 2015 (‘JCPOA’) and will carry out the functions provided for in the JCPOA, in accordance with point ix of the JCPOA's ‘Preamble and General Provisions’ and Annex IV to the JCPOA.

  • Selling Commissions means any and all commissions payable to underwriters, dealer managers or other broker-dealers in connection with the sale of Shares, including, without limitation, commissions payable to the Dealer Manager.

  • Diocesan Schools Commission means the education service provided by the diocese, which may also be known, or referred to, as the Diocesan Education Service.