MARGIN SHARING Clause Samples

MARGIN SHARING. During the first two (2) years of the Term, Intuit will pay Excite an amount equal to (a) fifty percent (50%) of the Advertising Margin from all of the parties' advertising-supported businesses utilizing the Financial Channel and (b) fifty percent (50%) of the net positive Transaction Margin if any, from all transaction-oriented businesses utilizing Intuit's consumer financial content.

MARGIN SHARING. STRYKER shall pay a portion of the Margin (as defined on Exhibit A) to SUPPLIER as described on Exhibit A (the “Margin Payment”) and as provided in this Section 7.2. Within fifteen (15) days following each calendar quarter during the term of this Agreement, STRYKER shall provide SUPPLIER with a written report setting forth the then current calculation of the Margin Payment based on Products sold during such quarter in reasonable detail (the “Margin Report”). SUPPLIER shall have the right to audit STRYKER’s calculation of the Margin Payment and the BOM with STRYKER Overhead, including, without limitation, to review and request copies of STRYKER’s books, documents and records (whether in hard copy, electronic or other form) that pertain directly to the Margin Payment or the calculation of BOM with STRYKER Overhead, during normal business hours and upon giving fourteen (14) days prior written notice to STRYKER. The audit may be conducted by SUPPLIER’s employees (including contract employees) or by an external auditing firm selected by SUPPLIER.

MARGIN SHARING. N2K and AOL will share Site Revenues as follows: 4.2.1 During each Quarter, AOL will receive (i) [****] of Site Revenues until such time as N2K has recouped the Quarterly Minimum Amount, (ii) [****] of Site Revenues until such time as N2K has recouped the Quarterly Recoupment Amount and (iii) [****] of Site Revenues during the remainder of the Quarter. The "Quarterly Minimum Amount" shall be [****]. The "Quarterly Recoupment Amount" shall be: [****] for the year consisting of the first four Quarters; [****] for the year consisting of the second four Quarters; [****] for the year consisting of the third four Quarters. Once the Aggregate Recoupment Amount (as defined below) has been recouped by N2K, AOL and N2K shall at all times thereafter [****].

MARGIN SHARING 

MARGIN SHARING. Commencing with the first calendar quarter after the fifth (5th) anniversary of the Effective Date, within sixty (60) days after the end of each calendar quarter during the Term, Operator shall provide Delta a certificate (the “Margin Certificate”) signed on behalf of Operator by its chief financial officer, that states the actual total margin that Operator earned on operating the Delta Connection Flights (and any charter operations pursuant to Section 1(D) hereof) (the “Actual Margin”) during such calendar quarter. Such Margin Certificate shall include an exhibit that fully sets forth Operator’s actual amount for each of the variables set forth in the formula set forth below and the calculation of its Actual Margin and certify to the accuracy of the Actual Margin. Actual Margin for any given calendar quarter shall be determined, on a pre-tax basis, by applying the following formula: [***] Where: [***] If Operator’s Actual Margin is greater than [***], Operator shall pay Delta an amount equal to [***] of the amount of the Total Payments attributable to that portion of Operator’s Actual Margin exceeding [***] for such calendar quarter.