Common use of Contractor Fees Clause in Contracts

Contractor Fees. 4.1 In connection with the "Private-Label Contractor Matching Services" (as defined on Exhibit A) to be provided by ImproveNet for and on behalf of OC (e.g., DIF-me or other co-branded services), ImproveNet shall charge participating OC Preferred Contractors the fees set forth on Exhibit C attached hereto ("OC Contractor Fees"). The parties acknowledge and agree that OC Contractor Fees are to be charged to OC Preferred Contractors only in connection with leads and jobs that are generated by OC, whether through OC's DIF-me program or otherwise ("OC-Generated Job"). With respect to any other lead or job (i.e., other than an OC-Generated Job) that is provided by ImproveNet to an OC Preferred Contractor, ImproveNet's standard fees and rates shall apply. 4.2 For each OC-Generated Job resulting in a "won job" exceeding $500 in value, ImproveNet will pay OC a referral fee equal to $25.00 ("OC Referral Fee"). Throughout the Term of this Agreement, the amount of the OC Referral Fee shall be increased by the same percentage as any increase in "Win Fees" pursuant to Section 4.3 below. 4.3 OC Contractor Fees may, from time to time, be increased by ImproveNet as follows: (a) Throughout the first Contract Year of this Agreement, ImproveNet shall have the right subject to Section 3.5, to increase the OC Contractor Fees upon sixty (60) day's prior written notice to OC. Thereafter, ImproveNet shall have the right to increase the OC Contractor Fees upon ninety (90) day's prior written notice to OC. (b) With respect to the Win Fee component of the OC Contractor Fees, no such increase shall exceed one percent (1%) over the Win Fees for the prior Contract Year, and there shall be no more than one such increase in any Contract Year. With respect to the Lead Fee component, the total of such increases shall not exceed two dollars ($2.00) during any 6-month period of the first Contract Year and shall not exceed one dollar ($1.00) during any 6-month period of the second Contract Year. Thereafter, there shall be no more than one (1) increase in Lead Fees during any Contract Year and no increase shall exceed $1.00 over the Lead Fees for the immediately prior Contract Year. 4.4 In the event that ImproveNet materially modifies its standard non-OC Contractor Fees such that they become inconsistent with the OC Contractor Fees in terms of structure, format and/or amounts, OC and ImproveNet agree to discuss in good faith whether it Ps commercially reasonable and appropriate to make corresponding modifications to the OC Contractor Fees and the OC Referral Fee hereunder.

Contractor Fees. 4.1 In connection with the "Private-Label Contractor Matching Services" (as defined on Exhibit A) to be provided by ImproveNet for and on behalf of OC (e.g., DIF-me or other co-branded services), ImproveNet shall charge participating OC Preferred Contractors the fees set forth on Exhibit C attached hereto ("OC Contractor Fees"). The parties acknowledge and agree that OC Contractor Fees are to be charged to OC Preferred Contractors only in connection with leads and jobs that are generated by OC, whether through OC's DIF-me program or otherwise ("OC-Generated Job"). With respect to any other lead or job (i.e., other than an OC-Generated Job) that is provided by ImproveNet to an OC Preferred Contractor, ImproveNet's standard fees and rates shall apply. 4.2 For each OC-Generated Job resulting in a "won job" exceeding $500 [...***...] in value, ImproveNet will pay OC a referral fee equal to $25.00 [...***...] ("OC Referral Fee"). Throughout the Term of this Agreement, the amount of the OC Referral Fee shall be increased by the same percentage as any increase in "Win Fees" pursuant to Section 4.3 below. 4.3 OC Contractor Fees may, from time to time, be increased by ImproveNet as follows: (a) Throughout the first Contract Year of this Agreement, ImproveNet shall have the right subject to Section 3.5, to increase the OC Contractor Fees upon sixty (60) day's prior written notice to OC. Thereafter, ImproveNet shall have the right to increase the OC Contractor Fees upon ninety (90) day's prior written notice to OC.. * CONFIDENTIAL TREATMENT REQUESTED (b) With respect to the Win Fee component of the OC Contractor Fees, no such increase shall exceed one percent [...***..] (1%) over the Win Fees for the prior Contract Year, and there shall be no more than one such increase in any Contract Year. With respect to the Lead Fee component, the total of such increases shall not exceed two dollars ($2.00) during any 6-month period of the first Contract Year and shall not exceed one dollar ($1.00) during any 6-month period of the second Contract Year. Thereafter, there shall be no more than one (1) increase in Lead Fees during any Contract Year and no increase shall exceed $1.00 over the Lead Fees for the immediately prior Contract Year. 4.4 In the event that ImproveNet materially modifies its standard non-OC Contractor Fees such that they become inconsistent with the OC Contractor Fees in terms of structure, format and/or amounts, OC and ImproveNet agree to discuss in good faith whether it Ps commercially reasonable and appropriate to make corresponding modifications to the OC Contractor Fees and the OC Referral Fee hereunder.[...***...

Contractor Fees. 4.1 In connection with the "Private-Label Contractor Matching Services" (as defined on Exhibit A) to be provided by ImproveNet for and on behalf of OC (e.g., DIF-me or other co-branded services), ImproveNet shall charge participating OC Preferred Contractors the fees set forth on Exhibit C attached hereto ("OC Contractor Fees"). The parties acknowledge and agree that OC Contractor Fees are to be charged to OC Preferred Contractors only in connection with leads and jobs that are generated by OC, whether through OC's DIF-me program or otherwise ("OC-Generated Job"). With respect to any other lead or job (i.e., other than an OC-Generated Job) that is provided by ImproveNet to an OC Preferred Contractor, ImproveNet's standard fees and rates shall apply. 4.2 For each OC-Generated Job resulting in a "won job" exceeding $500 in value, ImproveNet will pay OC a referral fee equal to $25.00 ("OC Referral Fee"). Throughout the Term of this Agreement, the amount of the OC Referral Fee shall be increased by the same percentage as any increase in "Win Fees" pursuant to Section 4.3 below. 4.3 OC Contractor Fees may, from time to time, be increased by ImproveNet as follows: (a) Throughout the first Contract Year of this Agreement, ImproveNet shall have the right subject to Section 3.5, to increase the OC Contractor Fees upon sixty (60) day's prior written notice to OC. Thereafter, ImproveNet shall have the right to increase the OC Contractor Fees upon ninety (90) day's prior written notice to OC.. * CONFIDENTIAL TREATMENT REQUESTED (b) With respect to the Win Fee component of the OC Contractor Fees, no such increase shall exceed one percent [...***..] (1%) over the Win Fees for the prior Contract Year, and there shall be no more than one such increase in any Contract Year. With respect to the Lead Fee component, the total of such increases shall not exceed two dollars ($2.00) during any 6-month period of the first Contract Year and shall not exceed one dollar ($1.00) during any 6-month period of the second Contract Year. Thereafter, there shall be no more than one (1) increase in Lead Fees during any Contract Year and no increase shall exceed $1.00 over the Lead Fees for the immediately prior Contract Year. 4.4 In the event that ImproveNet materially modifies its standard non-OC Contractor Fees such that they become inconsistent with the OC Contractor Fees in terms of structure, format and/or amounts, OC and ImproveNet agree to discuss in good faith whether it Ps commercially reasonable and appropriate to make corresponding modifications to the OC Contractor Fees and the OC Referral Fee hereunder.[...***...