MATEVEZA Marketing Initiatives in the Territory Sample Clauses

MATEVEZA Marketing Initiatives in the Territory. Butte Creek will reimburse Mateveza USA (or will pay vendors directly, to the extent applicable) for the cost of agreed MATEVEZA brand marketing and sales initiatives to promote and support the sale of the Products by Butte Creek in the Territory. All such marketing expenses shall be deducted from the Gross Sales Proceeds in determining the Net Profits upon which the Royalty Amount due to Mateveza USA is calculated. To the extent Butte Creek agrees pays such vendors directly, Butte Creek shall make payment in a timely fashion, as and when due in accordance with the invoice. To the extent an expense is to be reimbursed to Mateveza USA, Butte Creek will pay Mateveza USA within thirty (30) days of its documentation and request for reimbursement of the expense. To the extent any particular activity is associated with the development of the MATEVEZA brand in geographic areas both within and outside of the Territory, then the expense item shall be allocated by Mateveza USA in proration to the volume of Product sales in the Territory vis-à-vis the other applicable geographic regions where the Products are sold by Mateveza USA or a licensee or affiliate of Mateveza USA.
Sample 1
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