Eligible Commission
Eligible Commission. Means 100% of the commissions which Sector, Inc. pays on or before March 31, 2006 to any commission eligible employee for a Plan Year, but not in excess of 40% of his or her annualized rate of Base Salary as of the last day of the prior Plan Year; provided, however, that in a Participant's initial year of employment, Eligible Commissions shall not exceed 40% of such Participant's annualized rate of Base Salary as of the last day of the Plan Year in which such Participant was initially employed.
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NYSE Euronext contract