Common use of Contract Activity Reports Clause in Contracts

Contract Activity Reports. A. Supplier's name and AmeriNet's contract number should appear on all reports. B. Reporting period must be identified, i.e. 1/1/99 - 1/31/99. C. Total product sales volume (not line item detail) must be identified for each member Institution, along with the Institution's name, address and zip code (Note: Zip code is mandatory information). Each Institution's HIN number may be substituted for name, address and zip code. D. At the end of all reports, total sales volume of all member Institutions must be included. E. Reports may be submitted in printed form, but submission via electronic media such as magnetic tape or diskette is preferred. Please refer to the enclosed specification sheet (Addendum C) for details. All Supplier reports and administrative fee payments are due at AmeriNet within 30 days of the close of the reporting period. A quick-payment discount of 1% of the net ------------------------------ * PORTIONS OF THIS PAGE HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. AmeriNet payment due will be allowed for all checks and reports received within fifteen (15) days of the close of the reporting period. A late payment penalty surcharge of 1-1/2% per month of all net AmeriNet payments due may be assessed by AmeriNet for all checks and/or reports received more than thirty (30) days past the close of the reporting period. Suppliers more than sixty (60) days past the close of the reporting period in submission of either checks or reports will be subject to cancellation of this Agreement by AmeriNet. RESPONSE: SPECIALTY AGREES TO ALL THE SPECIFICATIONS OF ITEM 14 WITH ONE EXCEPTION, 1) SUPPLIER SHALL BE REQUIRED TO SUBMIT AN ADMINISTRATIVE FEE EQUAL TO [***]* OF ALL GROSS SALES REALIZED UNDER THIS AGREEMENT TO AMERINET, INC.

Contract Activity Reports. A. Supplier's name and AmeriNet's contract number should appear on all reports. B. Reporting period must be identified, i.e. 1/1/99 - 1/31/99. C. Total product sales volume (not line item detail) must be identified for each member Institution, along with the Institution's name, address and zip code (Note: Zip code is mandatory information). Each Institution's HIN number may be substituted for name, address and zip code. D. At the end of all reports, total sales volume of all member Institutions must be included. E. Reports may be submitted in printed form, but submission via electronic media such as magnetic tape or diskette is preferred. Please refer to the enclosed specification sheet (Addendum C) for details. All Supplier reports and administrative fee payments are due at AmeriNet within 30 days of the close of the reporting period. A quick-payment discount of 1% of the net ------------------------------ * PORTIONS OF THIS PAGE HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. AmeriNet payment due will be allowed for all checks and reports received within fifteen (15) days of the close of the reporting period. A late payment penalty surcharge of 1-1/2% per month of all net AmeriNet payments due may be assessed by AmeriNet for all checks and/or reports received more than thirty (30) days past the close of the reporting period. Suppliers more than sixty (60) days past the close of the reporting period in submission of either checks or reports will be subject to cancellation of this Agreement by AmeriNet. RESPONSE: SPECIALTY AGREES TO ALL THE SPECIFICATIONS OF ITEM 14 WITH ONE EXCEPTION, 1) SUPPLIER SHALL BE REQUIRED TO SUBMIT AN ADMINISTRATIVE FEE EQUAL TO [***]* OF ALL GROSS SALES REALIZED UNDER THIS AGREEMENT TO AMERINET, INC. * PORTIONS OF THIS PAGE HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.