Circle of Excellence: Rules
Circle of Excellence 2013
Incentive Contest Rules
August 1, 2013 – November 15, 2013
Wholesale Lending Division
Timing:
- All funded loans as of August 1st, 2013 through November 15th, 2013.
- All Rankings Provided Monthly EG: August Results provided 1st week of September.
- Final Rankings Provided November 18th, 2013.
Categories:
Winners will be from the following categories:
- Regional Sales Managers: The top volume producer in each division, 3 total.
- Top Volume, Account Executives: The top two volume producers in each division, 6 total.
- Top Units, Account Executives: The top unit producer in each division, 6 total.
- 1 Wildcard Winner: To qualify for wildcard must fund on average $3 MM or more per month. Selected by SVP of Wholesale Lending.
Total of 16 Winners
Winners Will Receive the Following:
- Incentive Contest Winners will receive travel and hotel stay at the [Insert Location], dates are estimated to be December 6th – 9th or December 13th-16th.
- Award
- Logos for Email Signatures
2013 Circle of Excellence terms and conditions:
- Associates must meet the definition of an Eligible Participant as defined in the current Compensation Plans for each position respectively.
- Non-cash awards may not be exchanged for cash and do not have a cash value
- This contest is only applicable for dates specified
- All Terms & Conditions outlined in the current associate Compensation Plans apply respectively.
- Associates must remain employed during the contest period and actively employed at the time of payment/award.
- All amounts are subject to all applicable with-holdings.
- Carrington Mortgage Services, LLC reserves the right to modify, alter or otherwise terminate this contest at its sole discretion.
- All Reporting is final as announced and utilizes Carrington’s current production reporting,
- Wildcard may be chosen only by the SVP of Wholesale Lending or the EVP of Mortgage Lending.