Common use of Compensation Changes Clause in Contracts

Compensation Changes. During the Contract Term Lottery shall not decrease the compensation rates paid for the sale of Lottery Tickets and Shares without Retailer’s consent, unless (i) the Rules are amended to provide for a decrease, (ii) Lottery Games or their sales are at any time prohibited, limited, or restricted by law, or (iii) Lottery’s administrative expenses exceed 16% for all Games in violation of the Oregon Constitution. In such cases, Lottery will have the right, at any time, and in any manner, to revise the compensation rates paid pursuant to this Contract. No charge, change, or imposition of any fee shall be considered a reduction in compensation rates for purposes of this Subsection.

Appears in 12 contracts

Samples: 2020 Retailer Contract, Retailer Number, Retailer Number

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.