Common use of Incentive Compensation Program Clause in Contracts

Incentive Compensation Program. In order to enhance consistency in sales efforts for products offered inside and outside of Covered California, Contractor shall add the Agent’s sale of Contractor’s QDPs through Covered California to the Agent’s sale of Contractor’s policies outside Covered California to determine Agent’s aggregate sales that are used by Contractor to determine incentive or other compensation payable by Contractor to Agent. Contractor shall not change the Agent commission structure or rates during the plan year. Contractor will pay the same commission during Open and Special Enrollment for each plan year. Contractor shall pay Agents based on the total amount of monthly premium. Contractor shall approve and pay Agent commissions on all new Agent-of-record and change of Agent-of-record delegations as outlined in contract Sections 2.2.5(f) and 2.2.5(g). Contractor shall provide information as may reasonably be required by Covered California from time to time to monitor Contractor’s compliance with the requirements set forth in this section.

Appears in 5 contracts

Samples: Qualified Dental Plan Issuer Contract, Qualified Dental Plan Issuer Contract, Qualified Dental Plan Issuer Contract

AutoNDA by SimpleDocs

Incentive Compensation Program. In order to enhance consistency in sales efforts for products offered inside and outside of Covered California, Contractor shall add the Agent’s sale of Contractor’s QDPs through Covered California to the Agent’s sale of Contractor’s policies outside Covered California to determine Agent’s aggregate sales that are used by Contractor to determine incentive or other compensation payable by Contractor to Agent. Contractor shall not change the Agent commission structure or rates during the plan year. Contractor will pay the same commission during Open and Special Enrollment for each plan year. Contractor shall pay Agents based on the total amount of monthly premium. Contractor shall approve and pay Agent commissions on all new Agent-of-record and change of Agent-of-of- record delegations as outlined in contract Sections 2.2.5(f) and 2.2.5(g). Contractor shall provide information as may reasonably be required by Covered California from time to time to monitor Contractor’s compliance with the requirements set forth in this sectionSection.

Appears in 2 contracts

Samples: Qualified Dental Plan Issuer Contract, Qualified Dental Plan Issuer Contract

AutoNDA by SimpleDocs

Incentive Compensation Program. In order to enhance consistency in sales efforts for products offered inside and outside of Covered California, Contractor shall add the Agent’s sale of Contractor’s QDPs through Covered California to the Agent’s sale of Contractor’s policies outside Covered California to determine Agent’s aggregate sales that are used by Contractor to determine incentive or other compensation payable by Contractor to Agent. Contractor shall not change the Agent commission structure or rates during the plan year. Contractor will pay the same commission during Open and Special Enrollment for each plan year. Contractor shall pay Agents based on the total amount of monthly premium. Contractor shall approve and pay Agent commissions on all new Agent-of-record and change of Agent-of-record delegations as outlined in contract Sections 2.2.5(f3.3(f) and 2.2.5(g3.3(g). Contractor shall provide information as may reasonably be required by Covered California from time to time to monitor Contractor’s compliance with the requirements set forth in this sectionSection.

Appears in 2 contracts

Samples: Qualified Dental Plan Issuer Contract, Qualified Dental Plan Issuer Contract

Time is Money Join Law Insider Premium to draft better contracts faster.