Annual Committed Sales Clause Samples

Annual Committed Sales. Upon execution of the Agreement, Agent shall commit to a minimum level of annual sales as set forth on the Baseline Commission Table below ("Annual Committed Sales'1 or "ACS"). The Annual Committed Sales amount is not cumulative and represents new sales during each twelve month period following the "Ramp Period" throughout the Term of the Agreement ("Annual Period"). Any period of time during the Term of the Agreement less than an Annual Period shall be referred to as a Short Period. Agent hereby agrees that it shall achieve the Annual Committed Sales for each Annual Period, or Short Period, throughout (he entire Term of the Agreement, including any renewal periods.