Annual Commission Sample Clauses

Annual Commission. Except as otherwise provided herein, PSAV shall pay to ANAHEIM a commission based on the following percentage of gross revenue generated by PSAV’s provision of audio-visual and rigging services pursuant to this Agreement:
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Annual Commission. As soon as practicable, but in no event later than April 1 each year, the Company shall calculate the Representative's annual commission for the preceding calendar year (the "Annual Commission") in the following manner:
Annual Commission. For each fiscal year of the Company during the Employment Term, Employee shall be entitled to receive a commission equal to 0.8 percent of the Company's sales (net of returns and discounts), as determined by the Company's accountants, for such fiscal year (the "Annual Commission") (such Annual Commission to be prorated for partial years). The Annual Commission shall be paid by the Company to Employee in fifty-two (52) weekly draws of $1,539.00 each, provided, however, that the Company shall have the right to make quarterly adjustments to the amount of such draws based on the actual sales of the Company. Within thirty (30) days after the completion of the Company's financial statements for each fiscal year or termination of this Agreement, the Company or Employee, as the case may be, shall make the appropriate payment to the other in an amount which the Company's accountants have determined is necessary to adjust for any overpayments or underpayments of the Annual Commission. The Company shall have the right to setoff any amounts owing by Employee to the Company pursuant to this Section against any amounts owing by the Company to Employee, whether pursuant to this Agreement or otherwise. Employee shall have the right from time-to-time to review, inspect and/or audit the books and records of the Company in order to compute and/or verify the Annual Commission owing to Employee pursuant to this Section 3(b).
Annual Commission. In addition to the Annual Base Salary, the Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual sales incentive commission (the "Annual Commission") in cash at least equal to the Executive's highest annual commission under the Company's annual sales commission plan, or any comparable commission under any predecessor or successor plan, for the last three full fiscal years prior to the Effective Date (annualized, in the event that the Executive was not employed by the Company for the whole of such fiscal year) (the "Recent Annual Commission"). Each such Annual Commission shall be paid on a quarterly basis no later than the last day of the month following each calendar quarter end.
Annual Commission. For each fiscal year during the Term, the Employee will be entitled to receive a commission (the “Annual Commission”) pursuant to the terms of the Company’s commission plan, as in effect from time to time (the “Commission Plan”). The target commission level shall be 100% of Annual Base Salary (“Target Commission”), with an opportunity to earn up to 150% of Annual Base Salary for performance exceeding the target goals, as set forth in the Commission Plan. Except as provided in Section 7(d) below and in the Commission Plan, payment of any Annual Commission shall be subject to the Employee’s continued employment with the Company through the time of payment. Any Annual Commission shall be paid on a quarterly basis based on quarterly targets agreed to by the Company pursuant to the terms set forth in the Commission Plan.

Related to Annual Commission

  • Additional Commission In addition to the payments owed pursuant to Paragraph 1.10 above, and unless Lessor and the Brokers otherwise agree in writing, Lessor agrees that: (a) if Lessee exercises any Option, (b) if Lessee acquires any rights to the Premises or other premises owned by Lessor and located within the same Project, if any, within which the Premises is located, (c) if Lessee remains in possession of the Premises, with the consent of Lessor, after the expiration of this Lease, or (d) if Base Rent is increased, whether by agreement or operation of an escalation clause herein, then, Lessor shall pay Brokers a fee in accordance with the schedule of said Brokers in effect at the time of the execution of this Lease.

  • Brokerage Commission Contributor has not engaged the services of, nor has it or will it or Acquirer become liable to, any real estate agent, broker, finder or any other person or entity for any brokerage or finder's fee, commission or other amount with respect to the transactions described herein on account of any action by Contributor. Contributor hereby agrees to indemnify and hold Acquirer and its employees, directors, members, partners, affiliates and agents harmless against any claims, liabilities, damages or expenses arising out of a breach of the foregoing. This indemnification shall survive Closing or any termination of this Agreement.

  • Excess Brokerage Commissions The Adviser is hereby authorized, to the fullest extent now or hereafter permitted by law, to cause the Corporation to pay a member of a national securities exchange, broker or dealer an amount of commission for effecting a securities transaction in excess of the amount of commission another member of such exchange, broker or dealer would have charged for effecting that transaction, if the Adviser determines in good faith, taking into account such factors as price (including the applicable brokerage commission or dealer spread), size of order, difficulty of execution, and operational facilities of the firm and the firm’s risk and skill in positioning blocks of securities, that such amount of commission is reasonable in relation to the value of the brokerage and/or research services provided by such member, broker or dealer, viewed in terms of either that particular transaction or its overall responsibilities with respect to the Corporation’s portfolio, and constitutes the best net results for the Corporation.

  • Sales Commission You shall be entitled to charge a sales commission on the sale or redemption, as appropriate, of each series and class of each Fund’s Shares in the amount of any initial, deferred or contingent deferred sales charge as set forth in our then effective prospectus. You may allow any sub-agents or dealers such commissions or discounts from and not exceeding the total sales commission as you shall deem advisable, so long as any such commissions or discounts are set forth in our current prospectus to the extent required by the applicable Federal and State securities laws. You may also make payments to sub-agents or dealers from your own resources, subject to the following conditions: (a) any such payments shall not create any obligation for or recourse against the Fund or any series or class, and (b) the terms and conditions of any such payments are consistent with our prospectus and applicable Federal and State securities laws and are disclosed in our prospectus or statement of additional information to the extent such laws may require.

  • Brokerage Commissions All brokers' commissions and other charges incident to the purchase, sale or lending of the Fund 's portfolio securities.

  • CEDING COMMISSION The Reinsurer shall allow the Company a ceding commission of (or a proportionate share of such amount in the event of a Quota Share Reduction) per annum, to be taken as a deduction from the first monthly premium payment to the Reinsurer at the commencement of this Contract and at each annual anniversary thereof, to cover the Company's operational costs directly allocable to writing the business subject hereto.

  • No Commission Subject to this clause 12, no Paying Agent may charge any commission or fee in relation to any payment by it under this Agreement.

  • Payment of Commissions Payments of selling commissions and any other fees due to the Dealer pursuant to this Agreement will be made by the Dealer Manager to the Dealer. Selling commissions and such other fees and expense reimbursements due to the Dealer pursuant to this Agreement will be paid to the Dealer within 30 days after their receipt by the Dealer Manager. The Dealer, in its sole discretion, may authorize the Dealer Manager to deposit selling commissions and any other fees or payments due to it pursuant to this Agreement directly to its bank account. If the Dealer so elects, the Dealer shall provide such deposit authorization and instructions in Schedule 2 to this Agreement.

  • Sales Commissions You shall not be entitled to charge a sales commission on the sale of Shares of the Company.

  • Commission The term “

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