Adjustments for Advanced but Unearned Commissions and Errors. If # a purchase order is subsequently canceled or if full payment is not received for any reason (including without limitation due to write-offs, bad debts, insolvency, returns, cancelled orders or non-payment of any pre-payments) from the customer within sixty (60) days from the time the purchase order is entered into, or # the Company makes any error with respect to the calculation or payment of any PO Advances or Earned Commissions, any unearned PO Advances will be deducted from the Participants future PO Advances (if applicable), Earned Commissions or other wages of the Participant (Advanced Commission Recovery). Should full payment be received from the customer within ninety (90) days of this Advanced Commission Recovery and the Participant is still employed by the Company on the date such payment is received from the customer, any Advanced Commission Recovery shall be paid back in full to the Participant.
Errors. At any time AT&T may correct any error made under the Plan without prejudice to AT&T. Such corrections may include, among other things, changing or revoking an issuance of an Award.
Commissions. Executive shall not be eligible for commissions on any sales or for any sales involvement.
XX # Compensation received as an Independent Contractor reportable on Form 1099.
XX # Form 1099 Compensation:
Commissions. Employee shall be eligible to earn commission compensation on a monthly basis in arrears in an amount equal to 2.50% of the adjusted gross profit from the sale of franchise exclusive products, adjusted for all deductions from gross profit incurred by the Company, including but not limited to promotional expense, advertising expense, the cost of all product samples, and returns. Employee shall earn an additional commission related to the sale of franchise exclusive products to international locations, to be calculated in the same manner the domestic commission. The monthly commissions referenced in this Section shall be calculated and paid, as applicable, within thirty (30) days of the end of each month, consistent with past practice. Employee’s commission compensation eligibility and rate shall be reviewed at least annually, and, in the discretion of the Company, may be prospectively adjusted upward from time to time based upon the performance of Employee, the financial condition of the Company, prevailing industry trends, and such other factors as Company considers relevant.
Commissions. shall be responsible to Broker for a real estate sales commission at Closing (but only in the event of a Closing in strict accordance with this Agreement) in accordance with a separate agreement between and Broker. Broker may share its commission with any other licensed broker involved in this transaction, but the payment of the commission by to Broker shall fully satisfy any obligations of to pay a commission hereunder. Under no circumstances shall owe a commission or other compensation directly to any other broker, agent or person. Any cooperating broker shall not be an affiliate, subsidiary or related in any way to . Other than as stated above in this [Section 8.6], and each represent and warrant to the other that no real estate brokerage commission is payable to any person or entity in connection with the transaction contemplated hereby, and each agrees to and does hereby indemnify and hold the other harmless against the payment of any commission to any other person or entity claiming by, through or under or , as applicable. This indemnification shall extend to any and all claims, liabilities, costs and expenses (including reasonable attorneys’ fees and litigation costs) arising as a result of such claims and shall survive the Closing.
Commissions. Sellers and Purchaser mutually represent and warrant that no real estate commission, finders' or brokers' fee has been or will be incurred in connection with this Agreement for the sale of Assets contemplated hereby. Each Party agrees to indemnify and hold the other harmless from and against any and all real estate commissions, finders' fees or brokers' fees due or claimed to be due in connection with this transaction and attributable to the indemnifying Party, such indemnity to include reasonable attorneys' fees and costs incurred in connection with any such claim.
Major Errors. Kx shall, within of the receipt of notice from of a Major Error, initiate work to verify such Major Error. If Kx can reproduce the Major Error, then it will use diligent efforts to provide an Error Correction for such Major Error within the following period, including any necessary modification to the Licensed Software. In the event that Kx is unable to correct any Major Error within such , shall have the right to request written assurances from Kx that it is using diligent efforts to correct the Major Error and is likely to do so within a commercially reasonable time.
To construe the Plan, in its sole and absolute discretion, and make equitable adjustments for any errors made in the administration of the Plan.
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