Common use of Annual Volume Commitment Clause in Contracts

Annual Volume Commitment. I-Dealer agrees to secure a minimum volume commitment level (“Annual Volume Commitment”) of [***] New Gross Subscribers (defined in Exhibit H) in *** Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the information subject to the confidentiality request. Omissions are designated as [***]. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission. the Area for the first twelve (12) calendar months of this Agreement. Company shall establish and notify Dealer of Dealer’s Annual Volume Commitment for the subsequent twelve (12) month period of this Agreement, prior to the commencement of such subsequent twelve (12) month period. I-Dealer’s “Monthly Volume Commitment” shall be defined as one-twelfth (1/12) of I-Dealer’s Annual Volume Commitment.

Appears in 2 contracts

Sources: Premier I Dealer Agreement (Inphonic Inc), Premier I Dealer Agreement (Inphonic Inc)