Common use of Annual Quota Commitment Clause in Contracts

Annual Quota Commitment. Within 30 days of the Effective Date and within thirty days before the start of each subsequent calendar year, Company may assign to Representative an annual quota. Any annual quota must be fair and reasonable, taking into account factors including but not limited to sales in prior years, the competitive and economic situation in the Territory and marketplace, and Company’s market share nationally and in the Territory.

Appears in 2 contracts

Sources: Sales Agency Agreement, Sales Agency Agreement

Annual Quota Commitment. Within 30 days of the Effective Date and within thirty days before the start of each subsequent calendar year, Company may assign to Representative Distributor an annual quota. Any annual quota must be fair and reasonable, taking into account factors including but not limited to sales in prior years, the competitive and economic situation in the Territory and marketplace, and Company’s market share nationally and in the Territory.

Appears in 1 contract

Sources: Distribution Agreement (Armeau Brands Inc.)