Calculation of Commission Sample Clauses
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Calculation of Commission. The Principal agrees to pay the Agent, in exchange for the services rendered, a Commission of .. % [insert Commission , usually between 5% and 10% of the value of Sales carried out]. The Commission percentage established in this clause cannot be modified by the Parties, unless it is mutually agreed in writing.7 The amount of the Commission will be calculated on: Alternative A. The net value of Sales , in other words, the price in invoices of products sold by the Agent, without including additional expenses (packaging, transport and insurance), or taxes, provided that the aforesaid expenses and taxes are indicated separately in the invoice. Alternative B. The invoice price of the products sold by the Agent, also including additional expenses (packaging, transport and insurance), but not including taxes.
Calculation of Commission. The commissions are calculated as a percentage of the selling price including tax and are invoiced inclusive of applicable taxes. All other fees are invoiced inclusive of VAT., Jumia will withhold its commission and fees, inclusive of VAT from the payout made to the Vendor. .
Calculation of Commission. The Commission shall be calculated on a sliding scale based on the Total Net Sale Proceeds from the sale of the Projects, as defined below:
(a) The Total Net Sale Proceeds from the sale of the Projects shall be equal to the gross sales proceeds actually received, converted into U.S. dollars as of the date funds are received by Horizon, less:
(i) all expenses of sale, including, but not limited to, attorney fees, consultant fees and government fees, other than expenses for which Agent is entitled to reimbursement pursuant to Section 6 below;
(ii) all foreign or domestic income taxes, excise taxes, and other taxes which Horizon or its affiliates are required to pay related to the sale of the Projects; and
(iii) the “Post 8/1/05 Net Project Development Costs” defined as follows: for purposes of this Agreement, the Post 8/1/05 Net Project Development Costs consist of all expenses related to the Italian Project and the Bulgarian Project first accrued by Horizon or its affiliates in connection with the Projects on or after August 1, 2005 after reduction by the amount of any such expenses for which Horizon or its affiliates are reimbursed by any unaffiliated party.
(b) the Commission will be calculated as follows:
(i) one percent (1%) of the Total Net Sales Proceeds up to Total Net Sales Proceeds of one million dollars ($1,000,000); plus
(ii) two percent (2%) of the Total Net Sales Proceeds greater than one million dollars ($1,000,000) up to Total Net Sales Proceeds of two million dollars ($2,000,000); plus
(iii) three percent (3%) of the Total Net Sales Proceeds greater than two million dollars ($2,000,000) up to Total Net Sales Proceeds of three million dollars ($3,000,000); plus
(iv) an additional similarly increasing percentage of the Total Net Sales Proceeds from each successive increment of one million dollars ($1,000,000) of Total Net Sales Proceeds up to a maximum of 50 percent of the Total Net Sales Proceeds greater than forty-nine million dollars ($49,000,000) up to the Total Net Sales Proceeds of fifty million dollars ($50,000,000); plus
(v) if any proceeds from the sale of one of the Projects are received by Horizon more than three months after the closing of the sale of a Project, such as pursuant to an “earn-out” or similar provision, those sale proceeds shall be discounted by a prorated annual percentage rate of eight percent (8%) per year, and then added to the Net Sales Proceeds as of the Closing, and the Commission shall then be increased by app...
Calculation of Commission. Subject to the terms of Section 4(a), as the ------------------------- sole, exclusive and entire compensation for performing WCG's obligations under and during the term of this Agreement, CNC shall pay WCG a commission based on the billing of the Services sold by WCG in the percent specified and calculated according to Exhibit A attached hereto. Commission payments made --------- under this Agreement shall accrue on the first day of billing on an order received for the Services following the Effective Date. Commissions shall not be paid on non-CNC originated Services including without limitation local loops between Customer and CNC, 800 services, customer premises equipment, third party software, etc.
Calculation of Commission. Party A shall provide Party B with a reference price in writing ("Reference Price") which shall constitute an integral part of this Contract. Party A may provide Party B with more than one Reference Price for each transaction. In the event that there are more than one Reference Prices available to Party B, the commission under this Contract shall be calculated on the basis of the latest Reference Price ("Latest Reference Price") provided by Party A prior to the execution of the relevant Supply Contract. Party B shall provide a sales price to the Customer that is higher than the Reference Price. Once accepted by the Customers, the sales price shall become the contract price of the Supply Contract executed between Party A and the Relevant Customer ("Sales Price"). Party B's commission under this Contract shall be calculated as the difference between the Sales Price and the Latest Reference Price ("Premium") multiplied by the total power (W) number of each shipment of Product that the Relevant Customer has paid in full for pursuant to the Supply Contract.
Calculation of Commission. The Owner shall pay the Affiliate 40% of net revenue generated by Paid Orders for the purchase of a Owner Product by Affiliate Customers.
Calculation of Commission. 6.1 The Partner is entitled to Commission if:
(a) a Prospective Client Referred by the Partner enters into a Relevant Contract; and
(b) the Partner has made Referrals of at least two Prospective Clients within each 12-month period from the Commencement Date.
6.2 Shippit must promptly notify the Partner via the Partner Platform of the following:
(a) the date it enters into a Relevant Contract;
(b) the value of the Relevant Contract; and
(c) any resulting Commission that will be paid to the Partner.
6.3 The amount of Commission payable to the Partner is to be calculated after a payment request in relation to the use of the Services under a Relevant Contract has been received by Shippit, at the rate of 10% of Shippit's Subscription Revenue and Usage Revenue received under each Relevant Contract (as it may be renewed, extended or amended) during a period of 1 year from the Relevant Contract’s commencement date.
6.4 No Commission or other compensation is payable:
(a) in relation to a contract entered into between Shippit and a third party in the circumstances described in clause 2.8; or
(b) beyond the first 1 year term of the Relevant Contracts.
6.5 Shippit agrees to make Commissions earned on Subscription Revenue available to be claimed by the Partner after 90 days, provided the Relevant Contract remains on foot during that period.
6.6 Shippit agrees to make Commissions earned on Usage Revenue available to be claimed by the Partner after 1 year provided the Relevant Contract remains on foot during that period.
6.7 Shippit may reasonably request a Partner provide further information on how a Prospective Client was sourced including without limitation information with respect to traffic sources and methods used to acquire a Prospective Client. Shippit reserves the right to assess the legitimacy and qualification of such Prospective Client for the purposes of determining whether a Commission is payable for such Prospective Client.
Calculation of Commission.
(a) Commission for Platinum, Gold or Silver Business Partner Levels
(i) For each Sale of a new Service signed by a Customer, the Commission will be calculated as described at section Item 6 of the Targets and Commission Schedule in the Business Partner Application Form based on the then-current list price (unless otherwise agreed between you and Vocus) multiplied by the number of months in the minimum committed term of that contract.
(ii) For each Service that an existing Customer of ours (as at the date of our receipt of the Application) renews for a period equal to or greater than 12 months, you are entitled to a further Commission subject to the terms of this Agreement. The Commission will be calculated in accordance with the then-current rates notified by Vocus (as updated in accordance with clause 4 of these Commission Terms and Conditions) and the then- current list price (unless otherwise agreed between you and Vocus).
(b) When you engage with Customers, you must quote them the relevant price from our then current list price, as this is the price at which we will sell the Service to the Customer under our contract with them.
(c) Commissions paid by Vocus or its Related Bodies Corporate to you for Sales existing prior date you complete the Business Partner Application Form will continue to be paid at the existing rates until the minimum committed term of the contract expires or is terminated. For the avoidance of doubt, any new Sale (e.g renewal or upgrade of a Service) will be deemed a termination for the purposes of payment of existing Commission.
Calculation of Commission. Effective January 1, 2007, for any calendar year in which the Executive is employed by the Company, the Executive will be entitled to Commission equal to 25 percent of trust fees generated on new accounts he originated during the current calendar year plus 12.5 percent of the trust fees on new accounts he originated in the immediately preceding calendar year plus five percent of the trust fees on new accounts he originated in the year two years preceding the current calendar year.
Calculation of Commission. Upon a lease of the Property or any part of the Property, Owner agrees to pay a Commission to Broker in the amount of six percent (6%) of the first ten (10) years of the primary Lease term and three percent (3%) of any subsequent primary Lease term years up to twenty (20) years of total primary Lease term.