Can the TAC Figure be e-signed?

Yes. Electronic signatures are generally enforceable when the signer demonstrates intent, consents to electronic records, the signature can be attributed to the signer, and the record is retained. Ensure any consumer-facing disclosures are provided where applicable and that the eSignature method meets the required assurance level for the transaction.

Do I need notarization or witnesses?

Not typically for ordinary commercial TAC Figures, but some contracts or state rules may require notarization or witnesses for certain attestations. Verify contract language and state-specific formalities before routing for signature to avoid re-execution.

What happens if a signer name mismatches legal records?

A name mismatch can delay acceptance or raise questions about signer authority. Use the signer's full legal name, confirm identity documents when notarization is required, and include a signatory certification clause to reduce ambiguity.

Can remote online notarization be used?

Remote online notarization may be allowed depending on state RON rules and the notary's commissioning state. Check jurisdictional RON status and required identity-proofing before relying on remote notarization for attested instruments.

How long should I keep the signed TAC Figure?

Retain the signed document and supporting records for at least three years as a baseline; extend retention for tax, real estate, or healthcare records according to applicable rules and internal retention policies.

What should I do if a calculation error is found after signing?

Document the error, prepare a corrected TAC Figure or amendment, route it for the same signatory approvals, and preserve both versions in the records system so auditors can trace changes and justification.

Electronic Signature
Templates
Miscellaneous
Business Performance TAC Figure

Business Performance TAC Figure

This template is fully customizable. Edit the text, fill out the fields, and send it for signature. Give it a try!

BUSINESS PERFORMANCE TAC FIGURE

Client Name: Service Provider Name:

Agreement Reference: Effective Date:

WHEREAS

WHEREAS, Client engages Service Provider to perform business performance analysis and related advisory services for the purpose of determining the Target Achievement Commission ("TAC") figure that will be used for incentive payments under the parties' commercial arrangement; and

WHEREAS, the parties desire to set forth the methodology, required inputs, reporting cadence, and certification procedures by which the TAC figure will be calculated, validated and paid.

SCOPE OF WORK

Scope Description

PERFORMANCE METRICS AND TAC CALCULATION

Reporting Period Start: Reporting Period End:

The TAC figure shall be calculated as the weighted sum of metric achievement percentages multiplied by 100. Individual metric achievement is Actual/Target capped at 150% unless otherwise specified. Disputes to reported metric values must follow the certification and dispute resolution procedure set forth below.

Performance Metrics (complete all applicable rows)

Metric 1 Name: Target: Actual: Weight (%):

Metric 2 Name: Target: Actual: Weight (%):

Metric 3 Name: Target: Actual: Weight (%):

Metric 4 Name: Target: Actual: Weight (%):

Metric 5 Name: Target: Actual: Weight (%):

Final TAC Figure

PAYMENT TERMS

Payment Amount Payable Upon TAC Certification:

Payment Schedule and Conditions

Late Fee: Adjustments: Service Provider may propose adjustments for data errors within days of initial report.

TERM AND TERMINATION

Term Start Date: Term End Date:

Either party may terminate this TAC calculation engagement for material breach after days' written notice specifying the breach and cure period. Termination does not affect payment obligations accrued prior to effective termination.

CONFIDENTIALITY

Each party shall treat all metric data, calculation workpapers, and related analyses as Confidential Information. Confidential Information shall not be disclosed except to employees, agents or auditors who have a need to know and who are bound by confidentiality obligations at least as protective as those set forth herein. Confidentiality obligations shall survive termination for a period of three (3) years.

Exceptions: Information that is or becomes publicly available through no breach, or that is independently developed, shall not be treated as confidential.

Confidentiality Acknowledgment

I acknowledge that I have read and will comply with the confidentiality obligations described above.

GOVERNING LAW

This TAC Figure statement and any dispute arising from it shall be governed by the laws of the jurisdiction of: without regard to conflict of law principles.

ENTIRE AGREEMENT

This Business Performance TAC Figure statement, together with any referenced agreement and exhibits, constitutes the entire agreement between the parties with respect to the TAC calculation and supersedes all prior proposals, negotiations and understandings, whether written or oral. Any amendment must be in writing and signed by authorized representatives of both parties.

Certification: By signing below, each party certifies that the metrics, targets and supporting data submitted are true, complete and accurate to the best of the signer’s knowledge and that the party has full authority to enter into this statement.

Client Printed Name:

By:

Date:

Service Provider Printed Name:

By:

Date:

What the Business Performance TAC Figure Is and When It Applies

The Business Performance TAC Figure is a formal business reporting template used to capture a standardized metric set and calculations that support executive, finance, or contractual reviews. It aggregates period-specific performance indicators, a documented calculation method for the TAC figure itself, signatory attestations, and attachments that substantiate the inputs. Organizations use it for internal governance, contractually required reporting, or audit trails where a consistent, auditable metric is required across counterparties and fiscal periods.

Why a Clear TAC Figure Matters for Compliance and Decision-Making

A precisely completed Business Performance TAC Figure reduces interpretation risk by documenting calculation steps, source data, and signing authority. This clarity supports auditability, reduces downstream reconciliation work, and provides a single authoritative number for contractual or regulatory use.

Who Typically Prepares and Reviews the TAC Figure

Use the TAC Figure where a reconciled, auditable metric is required for contracts, vendor settlements, internal KPI governance, or regulatory reporting.

Finance teams and controllers in Real Estate, Healthcare, and Financial Services who reconcile source ledgers and validate TAC input data.
Operations managers and project leads who confirm activity-level metrics and provide supporting schedules or logs for the calculation.
Legal or contract administrators who verify governing clauses, signatory authority, and that the document meets contractual requirements.

Stepwise Process to Complete and Circulate the TAC Figure

Follow these sequential steps to prepare, validate, and finalize the Business Performance TAC Figure with an auditable record of approvals.

01

Assemble Data: Gather ledgers, invoices, and system exports that cover the reporting period.
02

Calculate TAC: Apply the documented formula and capture intermediate worksheets for review.
03

Attach Evidence: Upload supporting files and map each attachment to the line items it substantiates.
04

Route for Signatures: Send to authorized signers with an audit trail and explicit signer authentication settings.

Recommended Digital Workflow Settings for Online Completion

Configure the document workflow to preserve audit data and enforce signer order and verification steps.

Field	Configuration
Document Upload	PDF/A or DOCX; preserve embedded metadata
Field Placement	Required signature, initials, and date fields; conditional attachments
Authentication	Email link by default; enable SMS code or KBA for higher assurance
Routing Order	Set sequential signer flow with final certifier as last signer

Platform and Integration Considerations for eSubmission

Confirm the chosen solution provides tamper-evident signed PDFs, exportable audit reports, and meets any industry-specific compliance needs.

Integrations: Salesforce | Microsoft 365 | NetSuite | Google Workspace
File Formats: PDF, DOCX, XLSX supported
Authentication Options: Email link, SMS code, SSO, and advanced options

Typical Online Signing Flow for the TAC Figure

A standard 8-step eSignature workflow reduces friction while maintaining legal and audit requirements.

Upload Document: Sender uploads final TAC Figure and attachments to the signing platform.
Place Fields: Define signature, initials, date, and conditional fields for signers.
Add Signers: Input signer emails and set routing order.
Send and Track: Platform emails signers, tracks status, and records timestamps and IPs.

Typical Timelines and Processing Expectations

Set clear internal deadlines for each stage to avoid bottlenecks and ensure timely contractual or audit deliverables.

Initial Submission Timeline:

Submit TAC Figure within 30 days after period end for timely review.

Internal Review Window:

Allow 10–15 business days for finance and operations to validate inputs.

Signatory Review:

Provide 5–10 business days for executives or external signers to review and sign.

Correction Cycle:

Allow 7 business days for adjustments after signatory queries are raised.

Annual Reconciliation:

Complete year-end reconciliation within 60 days of fiscal year close.

Key Milestones from Draft to Finalized TAC Figure

Track these numbered milestones to manage approvals and ensure an auditable path to final signature.

01

1. Data Collection

Compile source files and system exports necessary for the calculation.

02

2. Internal Validation

Finance reconciles ledgers and verifies the calculation method against inputs.

03

3. Signatory Approval

Authorized parties review, query, and approve the TAC Figure.

04

4. Archival

Store final signed document and audit trail in the records management system.

Common Pitfalls When Preparing the TAC Figure

Using informal or shorthand names for entities, which causes mismatch with legal documents and delays notarization.
Failing to attach reconciliation worksheets, leaving reviewers unable to verify the calculation and requiring follow-up requests.
Rounding inconsistencies or unstated rounding rules that produce small yet material differences in the reported TAC value.
Routing to signers without verified authority, resulting in rejected signatures or the need for re-execution.

Risks and Consequences of Inaccurate or Incomplete TAC Figures

Contract Disputes: May trigger remediation, payment adjustments, or breach claims

Audit Findings: Incomplete audit trail increases the risk of adverse audit determinations

Tax Exposure: Incorrect data can drive reporting errors or withholding issues

Delay Penalties: Late submissions may breach contract timing obligations

Operational Rework: Revisions consume staff time and slow downstream processes

Reputational Harm: Repeated inaccuracies erode counterparty trust

How the Business Performance TAC Figure Compares With Similar Reports

A concise comparison helps determine when the TAC Figure is the appropriate instrument versus a KPI dashboard or financial statement.

Criteria	Business Performance TAC Figure	KPI Dashboard
Primary Purpose	contractual metric	operational visualization
Audit Trail Required		optional
Typical Signers	authorized officer	department manager
Filing Obligation	sometimes contractual	internal only

eSignature Vendor Pricing Comparison Relevant to TAC Figure Workflows

This comparison shows typical starting prices and common capability indicators across vendors. signNow is listed first per platform comparison conventions.

	signNow	DocuSign	Adobe Sign	PandaDoc	HelloSign
Starting Price	$8/user/mo	$15/user/mo	$14/user/mo	$19/user/mo	$15/user/mo
Free Trial	7-day free trial	Varies by plan	Varies by plan	Varies by plan	Varies by plan
Bulk Send	Yes	Yes	Yes	Yes	No
Audit Trail	Yes	Yes	Yes	Yes	Yes
HIPAA Compliant	Yes	Yes	Yes	No	No

Real-World Examples of TAC Figure Use

These brief case sketches illustrate how organizations use a standardized TAC Figure to improve clarity and speed approvals.

Optica Ventures LLC

Optica standardized their reporting to eliminate spreadsheet ambiguity and speed approvals.

The TAC Figure centralized calculation logic and attachments.
The company reported fewer reviewer queries and faster counterparty sign-off after standardizing the form and attaching reconciliations.

Martin Properties

Martin Properties used the TAC Figure to reconcile lease performance metrics across portfolios.

Attachments included rent rolls and GL excerpts.
The standardized metric reduced month-end close time for property settlements and improved transparency with external investors.

Typical Signer Profiles for the TAC Figure

Authorized Signer

CEO, CFO, or delegated officer who has authority to certify reported numbers and bind the entity. They verify accuracy, accept contractual consequences, and confirm that the attachments substantiate the calculation.

Finance Officer

Controller or finance director who prepares and validates the TAC calculation, preserves supporting reconciliations, and responds to follow-up questions during review or audit.

Practical Tips for Accurate and Efficient Completion

Adopt these habits to prevent rework and ensure the TAC Figure is accepted on first submission.

Standardize Sources

Use the same source extracts and named reports for every period to avoid version-control differences and simplify reconciliations during reviews.

Document Calculations

Include a step-by-step calculation annex or an exported worksheet so reviewers can verify each intermediate value without requesting raw database queries.

Use Conditional Fields

Make attachments required for specific thresholds and use conditional fields to surface relevant explanations only when needed.

Preserve the Audit Trail

Ensure the signing platform records timestamps, IP addresses, and signer authentication methods and store the certificate of completion with the executed document.

Frequently Asked Questions About Completing and Validating the TAC Figure

Answers to common questions about validity, signatures, retention, and addressing disputes when preparing a Business Performance TAC Figure.

Need help? Contact support

Can the TAC Figure be e-signed?
Yes. Electronic signatures are generally enforceable when the signer demonstrates intent, consents to electronic records, the signature can be attributed to the signer, and the record is retained. Ensure any consumer-facing disclosures are provided where applicable and that the eSignature method meets the required assurance level for the transaction.
Do I need notarization or witnesses?
Not typically for ordinary commercial TAC Figures, but some contracts or state rules may require notarization or witnesses for certain attestations. Verify contract language and state-specific formalities before routing for signature to avoid re-execution.
What happens if a signer name mismatches legal records?
A name mismatch can delay acceptance or raise questions about signer authority. Use the signer's full legal name, confirm identity documents when notarization is required, and include a signatory certification clause to reduce ambiguity.
Can remote online notarization be used?
Remote online notarization may be allowed depending on state RON rules and the notary's commissioning state. Check jurisdictional RON status and required identity-proofing before relying on remote notarization for attested instruments.
How long should I keep the signed TAC Figure?
Retain the signed document and supporting records for at least three years as a baseline; extend retention for tax, real estate, or healthcare records according to applicable rules and internal retention policies.
What should I do if a calculation error is found after signing?
Document the error, prepare a corrected TAC Figure or amendment, route it for the same signatory approvals, and preserve both versions in the records system so auditors can trace changes and justification.

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