Commission Earned – Commissionable Revenue will be calculated on a year-to-date basis from invoices issued to all members of the Sales Team’s customers (as indicated on their respective Quota Assignment Statements) and will determine the percentage of Individual Quota attained. In calculating Participant’s percentage of Individual Quota attained, the amount credited to members of the Sales Team as “Incoming Orders” (whether to new or existing customers) during the Plan Year will be attributed to Participant as Commissionable Revenue when those Incoming Orders are converted to revenue in the Company’s books and records.
Commission EarnedCommissionable Revenue – Commissionable Revenue will be calculated on a year-to-date basisis revenue earned by the Company (determined in accordance with GAAP) from invoices issuedsales of Products to all members ofcustomer accounts assigned to Participant or the Sales Team’s customersTeam (as indicated on their respectivethe Quota Assignment Statements) and will determine the percentageStatement). For purposes of Individual Quota attained. In calculating Participant’s percentage of Individual Quota attained, the amount credited to members of the Sales Team as “Incoming Orders” (whether to new or existing customers) during the Plan Year will be attributed to Participant asthis Plan, Commissionable Revenue when those Incoming Orders are converteddoes not include freight, interest charges, and other similar charges to revenue in the Company’s books and records.customers.
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