Common use of In-Store Sales Clause in Contracts

In-Store Sales. All in-store sales of Merchandise shall be made through ▇▇▇▇▇ Market’s normal point of sale system and will be identified as a Shoe Department sale. Except as otherwise set forth in the Agreement or this Amendment, (i) the Net Revenue from each sale of Supplier’s Merchandise in an existing Shoe Department shall be split 79% to Supplier and 21% to ▇▇▇▇▇ Mart and (ii) the Net Revenue from each sale of Supplier’s Merchandise in a Relocated Shoe Department shall be split 78% to Supplier and 22% to ▇▇▇▇▇ Mart. For the avoidance of doubt, the Net Revenue split applicable to Relocated Shoe Departments shall only apply to Shoe Departments relocated to the front of the Covered Stores after the Effective Date. Such rate also applies to any and all stores that have already been relocated to the front of the store.

Appears in 1 contract

Sources: Supply Agreement (Designer Brands Inc.)

In-Store Sales. All in-store sales of Merchandise shall be made through ▇▇▇▇▇ Market’s 's normal point of sale system and will be identified as a Shoe Department sale. Except as otherwise set forth in the Agreement or this Amendment, (i) the Net Revenue from each sale of Supplier’s 's Merchandise in an existing Shoe Department shall be split 79% to Supplier and 21% to ▇▇▇▇▇ Mart and (ii) the Net Revenue from each sale of Supplier’s 's Merchandise in a Relocated Shoe Department shall be split 78% to Supplier and 22% to ▇▇▇▇▇ Mart. For the avoidance of doubt, the Net Revenue split applicable to Relocated Shoe Departments shall only apply to Shoe Departments relocated to the front of the Covered Stores after the Effective Date. Such rate also applies to any and all stores that have already been relocated to the front of the store.

Appears in 1 contract

Sources: Supply Agreement (Stein Mart Inc)