Performance Commission Clause Samples

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Performance Commission. A share of commission is to be paid in cash on the closing of each quarter for all sales on the preceding quarter. The commission for the entire Consumer Appliance Division is as follows: Up to $25 Million of gross sales of Consumer Appliance Division - commission of 1% of gross sales of Consumer Appliance Division Above $25 Million to $50 Million of gross sales of Consumer Appliance Division - commission of 1.5% of gross sales of Consumer Appliance Division Above $50 Million of gross sales of Consumer Appliance Division - commission of 2% of gross sales of Consumer Appliance Division The distribution of commission to the Employee will be determined by the Executive Vice President, Consumer Appliance Division.
Performance Commission. A share of the commission generated by the Consumer Appliance Division shall be distributed to the Employee as determined by the Executive Vice President, Consumer Appliance Division.
Performance Commission. Performance commission includes commission for business invitation and performance commission during operation period. I. Commission for business invitation: to be paid within 15 days after lease contract has been signed and payment has been made. (1) Vacant shop on B1 floor: for every shop leased out, 5% of the total annual rent of such shop will be withdrawn as commission for business invitation; (2) B2 floor: for every shop leased out, one month rent of the total annual rent of such shop will be withdrawn as commission for business invitation. II. Performance commission during operation period: based on the rent price of the first year in lease contract of the Project, starting from the second year, the 20% increasing part of rent every year will be collected by Party B as the income from value-added part during operation period. Subject to the contract, the part of increased income will be charged according to the paid contract period in lessee’s lease contract.
Performance Commission. (i) During the Term Employee shall receive a commission equal to 1.5% of on all sales to dealer sales channel, 1% on Sportsman’s/BPS account & Ammo Inc. Store on G▇▇▇▇▇▇▇▇.▇▇▇ charmel1, reconciled and payable monthly in arrears (“Commission”). Employee must maintain 30% margin on all sales channels to qualify for commissions in year I - Company and Employee shall renegotiate rates going forward depending on market conditions.

Related to Performance Commission

  • Performance Standards The Contractor agrees to perform all tasks and provide deliverables as set forth in the Contract. The Department and the Customer will be entitled at all times, upon request, to be advised as to the status of work being done by the Contractor and of the details thereof.

  • Performance Bonuses The Executive will be eligible to receive an annual cash bonus at an annualized rate of up to 40% of his base salary, based on the achievement of reasonable individual and Company performance targets to be established by the Company and Parent.

  • Performance and Salary Review Company will periodically review Executive’s performance on no less than an annual basis. Adjustments to salary or other compensation, if any, will be made by Company in its sole and absolute discretion.

  • Performance Review Where a performance review of an employee’s performance is carried out, the employee shall be given sufficient opportunity after the interview to read and review the performance review. Provision shall be made on the performance review form for an employee to sign it. The form shall provide for the employee’s signature in two (2) places, one (1) indicating that the employee has read and accepts the performance review, and the other indicating that the employee disagrees with the performance review. The employee shall sign in only one (1) of the places provided. No employee may initiate a grievance regarding the contents of a performance review unless the signature indicates disagreement. An employee shall, upon request, receive a copy of this performance review at the time of signing. An employee’s performance review shall not be changed after an employee has signed it, without the knowledge of the employee, and any such changes shall be subject to the grievance procedure of this Agreement. The employee may respond, in writing, to the performance review. Such response will be attached to the performance review.

  • Performance Excused The Affected Party, to the extent rendered unable to perform its obligations or part thereof under this Agreement as a consequence of the Force Majeure Event shall be excused from performance of the obligations. Provided that, the excuse from performance shall be of no greater scope and of no longer duration than is reasonably warranted by the Force Majeure Event. Provided further, nothing contained herein shall absolve the Affected Party from any payment obligations accrued prior to the occurrence of the underlying Force Majeure Event.