LTD PREFERRED AGENCY
COMMISSION AGREEMENT

I. INDIVIDUAL FIT BOOKINGS USING LATIN TOUR DIMENSIONS’ COMBINED AIR & LAND PUBLISHED PROGRAMS THROUGHOUT CENTRAL & SOUTH AMERICA, SPAIN, PORTUGAL AND MOROCCO:

04 - 07 bookings = 12%    (Standard 10% commission plus 2% override)
08 - 11 bookings = 13%    (Standard 10% commission plus 3% override)
12 - 25 bookings = 14%    (Standard 10% commission plus 4% override)
26 - 50 bookings = 15%    (Standard 10% commission plus 5% override)

EXISTING PREFERRED COMMISSION: Agencies earning override commission under existing preferred supplier agreements (as members of consortiums or other marketing alliances) will qualify for the higher escalating commission levels only when reaching the number of bookings commensurate with same. For example, if you already receive for 12% commission under any existing agreement then you must reach 8 bookings before qualifying for the 13% commission level.

EXCEPTION / LIMITATION: The commission levels above described applies to all air and land published programs as appearing either on our web site or in our brochures. Optional tours, single supplements and insurance rates are commissionable at 10% only. Net group quotes, special handling fees or special service charges, when applicable, as well as departure taxes are not commissionable.

II. GROUP COMMISSION POLICIES: A group constitutes a minimum of 10 passengers traveling together. In order to qualify for a free tour escort, a group will require a minimum of between 15 and 20 paying passengers (depending on destination and the airfare used). The incentive commission scale appearing above is applicable for any group utilizing LTD’s published tours. Groups requiring a custom-designed itinerary are generally quoted on a net basis, providing your agency with maximum earning power, and allowing you to determine what your profit margins will be. Net group bookings do not qualify for commission, but will be counted as a booking, thereby increasing the number of bookings produced by your agency during the period it was booked. All tour inclusions, deposit, payment and cancellation schedules will appear on the group contract, which will be provided when securing group space.

EFFECTIVE DATE: This commission policy is in effect for a period of one year and will go into effect upon completion of signatures by your agency and our management. The number of bookings completed to qualify for the commission levels above described must be accomplished during the term of this agreement, and are retroactive to the first booking.

Read, reviewed and accepted by:

TRAVEL AGENCY NAME: _______________
ID No. (ARC, CLIA, ETC.):_______________

 

For the Travel Agency:

X _____________________    date:________

_______________________________
Please print signatory’s name and title
Must be signed by owner or manager
For Latin Tour Dimensions:

____________________    date:________
Michael Steinberger