Incentive Program Agreement.pdf

Incentive-Agreement-2501.pdf
Preview of Incentive Program Agreement
🔗 Source: rwcwarranty.com
📊 Size: 182 KB
📄 Pages: 2 pages
⬇️ Downloads: 100

Summary

The Warranty Company and Member agree to participate in an incentive program, where the Member pays a program participation fee and the Warranty Company provides accumulations of 30% of the warranty fee for each home/building project constructed by Member. The Member's Fund and Warranty Company Fund are established to pay costs, with the Member's Fund being increased by 49% of accumulations and the Warranty Company Fund by 51%. Costs are charged first to the Member's Fund, then to the Warranty Company Fund. The Warranty Company determines the validity of costs and makes annual distributions of the Member Fund balance to the Member from the 6th to 10th year. The agreement terminates upon exhaustion of the Member Fund or final distribution, and the Member forfeits any remaining balance if the Membership Agreement is terminated.

Description

The Warranty Company and Member agree to participate in an incentive program, where the Member pays a program participation fee and the Warranty Company...

Technical Information

  • File Format: PDF
  • File Size: 182 KB
  • Pages: 2
  • Language: EN
  • Total Downloads: 100
  • Last Updated: 3 weeks ago

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