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 the Exchange, Contractor shall add the Agent’s sale of Contractor’s QDPs through the Exchange to the Agent’s sale of Contractor’s policies outside the Exchange 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 the Exchange from time to time to monitor Contractor’s compliance with the requirements set forth in this section.

Incentive Compensation Program. In order to enhance consistency in sales efforts for products offered inside and outside of the Exchange, Contractor shall add the Agent’s sale of Contractor’s QDPs through the Exchange to the Agent’s sale of Contractor’s policies outside the Exchange 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 sections 2.2.5(f) and 2.2.5(g2.2.5 (g). Contractor shall provide information as may reasonably be required by the Exchange from time to time to monitor Contractor’s compliance with the requirements set forth in this sectionSection.