Percentage Compensation. Licensee agrees to pay Licensor a sum equal to the percentage specified in Schedule E (or Licensor's prevailing rate, if greater) of all net sales (as defined below) by Licensee or any of its affiliated, associated or subsidiary entities of the Licensed Product(s) covered by this Agreement. (Such percentage of net sales is herein called "Percentage Compensation.") Percentage Compensation shall be payable concurrently with the periodic statements required in the following paragraph, except to the extent offset by Guaranteed Compensation theretofore remitted. The term "net sales" shall mean gross sales based on the wholesale price to the retail trade less quantity discounts and actual returns, but no deduction shall be made for uncollectible accounts, commissions, taxes, discounts other than quantity discounts, such as cash discounts and discounts attributable to the issuance of a letter of credit, or any other amount. No costs incurred in the manufacture, sale, distribution, promotion or advertisement of the Licensed Product(s) shall be deducted in any Percentage Compensation payable by Licensee. Said Percentage Compensation shall also be paid by Licensee to Licensor on all Licensed Product(s) (including, without limitation, any irregulars, seconds, etc. distributed pursuant to the provisions of Paragraph 10 of this Agreement) distributed by Licensee or any of its affiliated, associated or subsidiary entities even if not billed or billed at less than usual net sales price for such Licensed Product(s), and shall be based upon the usual net sales price for such Licensed Product(s) sold to the trade by Licensee. Any late payments of Advance Compensation, Guaranteed Compensation or Percentage Compensation shall require Licensee to pay Licensor, in addition to the amounts due, interest at one percent (1%) per month or the highest prime lending rate of Chase Manhattan Bank during the period such amounts are delinquent, whichever is greater, on the amounts delinquent for the period of the delinquency, without prejudice to any other rights of Licensor in connection therewith.
Percentage Compensation. For Licensed Product No. 1: One percent (1%) of net sales as defined in Paragraph 4B, or $0.025 8 per unit sold, whichever is greater. For Licensed Product Nos. 2-4: Two percent (2%) of net sales as defined in Paragraph 4B. For Licensed Product No. 5: Two and one-half percent (2.5%) of net sales as defined in Paragraph 4B, or $0.0645 per unit sold, whichever is greater. In each of the above cases, Percentage Compensation shall be applied against Guaranteed Compensation payable in the same calendar year only, without carryover. Percentage Compensation attributable to premium sales of the Licensed Products shall not be applied against Total Guaranteed Compensation. SCHEDULE F
Percentage Compensation. For Licensed Product No. 1: One percent (1%) of net sales (as defined n Paragraph 4B), or $0.0258 per unit sold, whichever is greater. For Licensed Product Nos. 2-4: Two percent (2%) of net sales (as defined in Paragraph 4B). For Licensed Product Nos. 5-7: Two and one-half percent (2.5%) of net sales (as defined in Paragraph 4B). For Licensed Product Nos. 8-9: Seven percent (7%) of net sales (as defined in Paragraph 4B). In each of the above cases, Percentage Compensation shall be applied against Guaranteed Compensation payable in the same calendar year only, without carryover. Percentage Compensation attributable to premium sales of the Licensed Products shall not be applied against Total Guaranteed Compensation. SCHEDULE F
Percentage Compensation. Weston further agrees to compensate AALC a percentage of the "receipted net revenue", as defined below, from projects generated for Weston through the efforts of AALC ("percentage compensation"), calculated annually for a period of 5 years from the initial contract date, including renewals or extensions which occur within that 5 year period, in accordance with the following schedule: Receipted Annual Net Revenue Percentage ---------------------------- ---------- $0-$999,999.00 5% $1 million-$5 million 4% Above $5 million 3% AALC agrees to reduce the percentage compensation to be paid by Weston by the amount of the total fees paid by Weston under Article III (1) above for that same annual period. As used in this Agreement, "receipted net revenue" shall mean net revenues recorded by Weston during a calendar year and billed and collected by Weston within 120 days of the end of such calendar year.
Percentage Compensation. For Licensed Product Nos. 1-4, 8-11, and 13-16: Nine percent (9%.) of net sales as defined in Paragraph 4B. For Licensed Product Nos. 5 and 6: Twelve percent (12%) of net sales as defined in Paragraph 4B. For Licensed Product No. 7: Fifteen (15%) of net sales as defined in Paragraph 4B. For Licensed Product NO. 12: Six (6%) of net sales as defined in Paragraph 4B. In each of the above cases, Percentage Compensation shall be applied against Guaranteed Compensation payable in the same calendar year only, without carryover. Percentage Compensation attributable to premium sales of the Licensed Products shall not be applied against Total Guaranteed Compensation.
Percentage Compensation. The Employee shall be paid annually, in addition to salary, a percentage compensation bonus equal to five percent (5.0%) of the Pre-Tax Profits of the Employer's Business (as such term is hereinafter defined) for the fiscal years ending December 31, during the term of this agreement.
Percentage Compensation. Carrier shall pay Contractor 80% of the linehaul amount, 100% of detention charges and 80% of all other accessorial charges paid to Carrier by its customer for transportation of each load transported by Contractor hereunder less applicable deductions except for detention charges. Notwithstanding the foregoing, if Carrier is paid a fuel surcharge by its customer for a load transported by Contractor, 100% of any such fuel surcharge collected by Carrier shall be paid to Contractor. This Appendix C shall be updated periodically and shall become effective upon Contractor signing a copy. This Appendix C completely replaces and supersedes any earlier attachment, addendum, or other provisions of this Agreement relating to the same subjects, is agreed to by the undersigned parties as of the latest date set forth below. Contractor Signature Date Carrier Signature Date Appendix D Authorized Deductions This Appendix D is intended by the parties to supplement, without in any way limiting, those deductions already identified in the Independent Contractor Operating Agreement and other Appendices to the Independent Contractor Operating Agreement. This Appendix D may be amended, from time to time, by written agreement of the Carrier and Contractor. Description of Deduction Amount Escrow Fund initial funding and replenishment settlement deduction per Section 8 and Appendix E. Settlement Escrow Contribution: $ 0.00 Not Applicable Equipment repair and maintenance performed by third party vendors and paid by Carrier request of Contractor. Actual cost charged for repair and maintenance plus a 10% administrative fee Fuel and charges to fuel card 100% fuel and other charges charged by Contractor + fees charged to Carrier Cash Advances 100% of each Cash Advance + fees charged to Carrier Civil forfeitures fines and penalties charged to Carrier as the result of Contractor’s negligence or violation of applicable Federal Motor Carrier Safety Regulations 100% of the civil forfeiture IRP Weekly Settlement Charge Paid until Xxxxxxx is reimbursed for the cost of the IRP license plate. Section 4 and Appendix E and F). $800 per settlement until paid in full Permit Fee, IFTA, KYU, NYHUT - Section 4 and Appendix E and F) $50.00 per month deducted from first settlement of each month plus actual tax amounts Tolls Paid by Carrier plus E-Z Pass or PrePass charges 100% of toll amount paid plus actual E-Z Pass or PrePass charges Description of Deduction Amount Charge to or Claim for cargo damaged a...
Percentage Compensation. Licensee agrees to pay Licensor a sum equal to the percentage specified in Schedule E (or Licensor's prevailing rate, if greater) of all net sales (as defined below) by Licensee or any of its affiliated, associated or subsidiary entities of the Licensed Product(s) covered by this Agreement. (Such percentage of net sales is herein called "Percentage
Percentage Compensation. Percentage Compensation Right Left Right Left • Middle finger with stiff
Percentage Compensation and Section 5.6, Delinquent Compensation Payments, the payment of Compensation owed by Tenant to City shall be deferred as follows:
