Medi-chem Pharma

D.No. 23-15.112 l,Ground Floor,

G.S. RaJu Road, S.N.Puram,
vtJAYAWADA-520 011.
Phone : 0866 - 2Sggt14
Email: medldremlrharmaoyahoo.co.ln
web : www.med GST: 37AAPPI2927KIZA

Ref no: 001123'24

Date: 20.04.2023
MEDI.CHEM PHARMA

(APRIL - SEPTEMBER 2023)

Incentive scheme for overall target

This general incentive circular applies to all the executives who come under different
target slabs.

1. For 100% net primary on target achievement per Month, you will be eligible for an incentive of
4% (aminimum of Rs. 1,51,000/- and above)
an incentive of
For 90% net primary on target achievement per month, you will be eligible for
2Yo
2.
(a minimum of Rs. 1,51,000/- and above)

For the SEs who come under 1.00.000/- slab and above

incentive of
l. For 100% net primary on target achievement per Month, you will be eligible for an
3% (aminimum of Rs. 1,00,000/- to Rs. 1,50,000/-)
an incentive of 2oh
2. For 90% net primary on target achievement per month, you will be eligible for
(a minimum of Rs. 1,00,000/- to Rs. 1,50,000/-)

TERMS & CONDITIONS

The above net primary targets (deducting GST) will be effective from 01/0412023
to 3010912023'
l.
These targets aie applicable to all S.E/F.S.E as per sanctioned strength'

the number of S'E/F'S'E'

Z. For all pooled territories, sales will be calculated as pool sales divided by
as per sanctioned strength

payable only when the

3. The rupee-wise incentive for a month as per the criteria shall become
S.E/F.S.E achieves a minimum of 80o/o in the following month's target'

(P.r.o)
 Medi-chem Pharma
D.No. 23-15.112 l,Ground Floor,
G.S. Raju Road, S.N.Puram,
VIJAYAWADA.S2O O1 1.
Phone : 0866 - 2539714
Email: medidrempharmaoyahoo.co.ln
web : GST: 37AAPPI2927KLZA

calculated for quarterly

4.AnyProductwhichisgoingtobelaunchedafteroctober 2023 will not be
for the new products as and
incintive. we propose to announce separate targets and incentives
when they are introduced.

5. The incentive amount will be settled once a month. For Ex: the
April month incentive will be
settled at the end of August month.

6. Non-availability of stocks at any level will not be treated as loss of sales'

7. payment clearance must be by 20ft of next month i.e. (April secondary collection should be done
19th only' The
Uy'-g* May). If 20th is Sunday or Holiday,. the payment clearance must be
secondary collection that is received after 20th wii not be calculated
in the next month for
incentive.

g. SE/F.S.E who is in the services of the company at the time

of disbursement will only be eligible
for the incentive.
territory will be
g. The sponsorship amount that is released for that month in any executive's
deducted from his sale of that particular month. For example,
if Rs. 50,000 is sponsored to your
your regular target achievement
doctors in October, that amount will be deducted straightly from
of that month.

10. 1+1 Sale will not be included in the incentive calculation

ll.The company reserves all the rights to suspend/amend/revise the incentive scheme without
assigning any reason.

12. The incentive schemes are applicable to all executives.

13. However, in any disputes, the company's decision shall

be final and binding'

Date: 20.04.2023
Wish You Good Luck

9
(r.s.RAO)
&'t^roreF
Managing Director