SECTION TWO - Compensation
A. QUEEN BEE DIGITAL MEDIA shall compensate CONSULTANT as follows: A commission rate of 2% shall be granted for inbound deals that were not sourced but closed by CONSULTANT. A commission rate of 5% shall be awarded for deals originating from CONSULTANT for packages below 1,000 USD. A commission rate of 7% shall be awarded for deals within the 1,000 to 2,000 USD range, which are closed by CONSULTANT. A commission rate of 10% shall be awarded for deals within the 3,000 to 5,000 USD range, which are closed by CONSULTANT.
a. These will apply to monthly packages sold by CONSULTANT only as long as customer accounts are actively making payments. They will be paid to CONSULTANT on the 15th or 30th of each month; for example, if a customer signed up and paid on the 18th the monthly payment would be made on the 30th; if customer signed up and paid on the 5th, the monthly payment would be made on the 15th.
b. These commission rates shall be subject to an annual review. Any adjustments to the commission rates shall be made following the annual review in writing.
B. QUEEN BEE DIGITAL MEDIA shall not be liable to CONSULTANT for any expenses paid or incurred by CONSULTANT in acquiring accounts pursuant to this agreement unless otherwise agreed to in writing.
C. CONSULTANT shall invoice QUEEN BEE DIGITAL MEDIA bi-monthly on the 13th & 27th, describing services rendered and itemizing approved reimbursable expenses incurred, supported by receipts.