Common use of Final Determination Clause in Contracts

Final Determination. Within fifteen (15) days following the end of each Program Year, the Agent shall deliver to Monsanto a Commission statement which shall contain the final determination of the Commission due at the expiry of the Program Year and shall set forth any eventual adjustments, to the amounts paid up to the Agent under Section 3.6(b) during the preceding Program Year. If within fifteen (15) days following the receipt of such Commission statement by the Agent, Monsanto does not provide the Agent written notice of objection to the Commission statement, the amount of the Commission for such Program Year shall be as provided thereon. If within such fifteen (15) days following receipt of such Commission statement by Monsanto, Monsanto does provide the Agent written notice of objection to the Commission statement, the parties shall resolve such dispute in the manner set forth in Section 3.4 hereof.

Appears in 4 contracts

Samples: Exclusive Agency and Marketing Agreement (Scotts Miracle-Gro Co), Exclusive Agency and Marketing Agreement (Scotts Company), Exclusive Agency and Marketing Agreement (Scotts Company)

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Final Determination. Within fifteen (15) days following the end of each Program Year, the Agent shall deliver to Monsanto a Commission statement Statement which shall contain the final determination of the Commission due at the expiry of the Program Year and shall set forth any eventual adjustments, to the amounts paid up to the Agent under Section 3.6(b) during the preceding Program Year. If within fifteen (15) days following the receipt of such Commission statement Statement by the Agent, Monsanto does not provide the Agent written notice of objection to the Commission statementStatement, the amount of the Commission for such Program Year shall be as provided thereon. If within such fifteen (15) days following receipt of such Commission statement Statement by Monsanto, Monsanto does provide the Agent written notice of objection to the Commission statementStatement, the parties shall resolve such dispute in the manner set forth in Section 3.4 hereof.

Appears in 2 contracts

Samples: Exclusive Agency and Marketing Agreement (Scotts Miracle-Gro Co), Exclusive Agency and Marketing Agreement (Scotts Miracle-Gro Co)

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