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I can do it anytime, this is a pretty high priority. Does it make sense to speak on the phone and do you want a copy of my compensation plan? Do you specialize in employment/compensation law? Where do you practice? I am assuming that different states have slightly different laws/interpretations. Please let me know how you would like to proceed.
Yes, I understand from an accounting and revenue recognition perspective between the customer and my company what "earned' means. The contract that I finalize with the customer secures that agreement and begins the work effort. My point is that in my agreement the reference to "earned" in no means reflects or describes the revenue from the customer but my contribution to the sales effort or the deals that I have secured, which is somewhat vague and misleading. Do you specialize in employee compensation law or have insight into the laws of California? Thanks
We are not making much progress here. Do you understand my situation and can you provide an opinion based on California law, outstanding commissions and what I have provided thus far? Thanks
This is the exact wording in my agreement:
"In the event the participant terminates from Company, transfers internally or is promoted to a different compensation category, the former participant is eligible to receive commissions/bonuses earned up the the effective date of such change. For purposes of this plan, when the participant's employment with Olive terminates, the last day of work is defined as the last day on which work duties were actually performed by the participant, as reasonably determined by the company".
You are saying, based on the interpretation of the document that you sent me a link to, that "earned" means those dollars that have been paid to the company, which commissions are to be based on and paid from, and that the language above implies the same thing? My interpretation is that "earned" means that I have done my part to secure the contract from the customer and that no additional selling is needed and therefore those commissions are earned. I don't know that both references to "earned" mean the same thing, which is probably the key point here.
Does your opinion change any with the above details?
I just did a search on Google on my subject and this string has surfaced. Is this e-mail exchange not behind a secured wall within your group?
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