Distribution and Computation of Commission

1. Distribution of Commission for the Sales Consultants FROM NEW SALES

 NEW SALES are based on the following:

    signed & paid web development contracts

    up to first 3 months of paid dedicated server

    up to first 2 years of paid shared hosting & add-ons

    up to first 2 years of domain name registration

    up to first 3 months of paid Tech Support contract (DocPedro)

    and up to first 1 year paid Web Marketing maintenance products

 The above are only the NEW SALES to be recorded in the monthly NEW SALES report and the excess payment or advanced payment will be recorded under the monthly RENEWAL SALES report      in a separate breakdown to be submitted by Maricar.

2. Commission computation will be exclusive of VAT

  Example:

    Sales Target             =    100,000

    Actual Sales             =    100,000

    Commission percentage    =    10%

  Commission computation will be;

    Sales collection         =    100,000

    Less 12% VAT             =    10,714.29

    NET Amount               =    89,285.71
  
    Incentive portion        =    8,928.57 (10%)