Common use of ANNUAL CAPS Clause in Contracts

ANNUAL CAPS. In respect of the 2023 Shared Services Framework Agreement, the transaction amounts to be paid by the Group for the three years ending December 31, 2025 shall not exceed the annual caps as set out in the table below: Transaction amount to be paid by the Group to JD Group and its associate(s) 600 700 800 The above annual caps are determined with reference to the following factors:

Appears in 1 contract

Sources: Renewal of Existing Continuing Connected Transactions

ANNUAL CAPS. In respect of the 2023 Shared Promotion Services Framework Agreement, the transaction amounts to be paid by the Group for the three years ending December 31, 2025 shall not exceed the annual caps as set out in the table below: Transaction amount to be paid by the Group to JD Group and its associate(s) 600 700 800 1,000 1,400 The above annual caps are determined with reference to the following factors:

Appears in 1 contract

Sources: Renewal of Existing Continuing Connected Transactions