Minimum Sales Targets. Distributor agrees to meet certain minimum sales targets during the Exclusivity Term (each a "Minimum Sales Target") as follows:
Minimum Sales Targets. Section 3.2 of the Agreement is hereby amended to provide that the total minimum amount of purchases by Nephros from Medica shall be as follows:
Minimum Sales Targets. 13.1 The Parties agree that each shall use their commercially reasonable efforts to support the Joint Venture to achieve the following minimum sales targets (“Minimum Sales Targets”):
Minimum Sales Targets. For each calendar year identified on Exhibit A to this Agreement, HG shall sell at least the amount of ZTR Product units set forth on Exhibit A as the applicable minimum sales target. If HG fails to meet the required minimum sales target in any such year, then HG shall have the right to satisfy up to *** of such minimum sales target (“Deemed Sales”), by paying additional royalties to Fallbrook, no later than thirty (30) days following the end of the applicable year, in an amount equal to the royalties which would have been paid upon the Deemed Sales. Deemed Sales shall be included as sales in determining whether HG has met the required minimum sales target in any year. Beginning with the third (3rd) year identified on Exhibit A, if HG fails to meet the required minimum sales target in any such year by *** or less, then HG shall have the right to satisfy up to *** of such shortfall by paying additional royalties pursuant to the second sentence of this Section *** Portions of this page have been omitted pursuant to a request for Confidential Treatment filed separately with the Commission.
Minimum Sales Targets. If the Minimum Sales Targets during the Initial Period are not met, TomTom shall be entitled to terminate this Agreement on providing LoJack with ninety (90) days’ previous written notice. 6. BUSINESS TERMS 6.1. By entering into this Agreement, TomTom grants LoJack the right to sell the Products in the Territory and to End Users only in accordance with the provisions of Clause 3.1. LoJack shall buy and sell the Products in its own name and for its own account. All sales of the Products by TomTom to LoJack pursuant to this Agreement will be governed by the General Sale Terms and Conditions of TomTom as attached at Annex V and the terms and conditions set forth in Annex VI, provided that where such General Sale Terms and Conditions are inconsistent with the provisions of this Agreement, the provisions of this Agreement shall prevail. The applicability of LoJack’s general terms and conditions is hereby expressly excluded. 6.2. Products sold by TomTom to LoJack under this Agreement shall be sold at the net prices and in accordance with the invoice and payment terms as listed in Annex I. 6.3. Nothing in this Agreement shall entitle TomTom to impose upon LoJack, whether directly or indirectly, any restriction as to the price at which LoJack may resell the Products or WEBFLEET Services and for the avoidance of doubt, LoJack shall be entitled to charge End Users whatever price they like for such Products and WEBFLEET Services. 6.4. LoJack shall order the Products and orders shall become binding in accordance with the Order Policy Annex II. 6.5. By entering into this Agreement, TomTom grants LoJack the right to sell and grant a license to the TomTom WEBFLEET Service in its own name and for its own account. All sales of the TomTom WEBFLEET Service to an End-User pursuant to this Agreement will be governed by the General Terms and Conditions for TomTom WEBFLEET Service as amended from time to time. In order for TomTom to be able to process subscriptions for End-Users to TomTom WEBFLEET Service, LoJack will forward completed and signed WEBFLEET Service Contracts immediately to TomTom in accordance with the Order Policy. The TomTom WEBFLEET Service shall be made available to end users via link integration in LoJack website (and shall be co-branded (LoJack & TomTom). The standard hardware products and WEBFLEET will remain TomTom branded. 6.6. Lojack acknowledges that the provisions of the WEBFLEET Services shall be subject to an End User accepting the WEBFLEET Services ...
Minimum Sales Targets. During the Term Nephros shall comply with the following annual aggregate purchases from Medica. Year Minimum Purchase by Nephros from Medica 2012 € 300,000 2013 € 500,000 2014 € 750,000 For calendar year 2015 and the remaining years of the Term, annual minimum amounts will be mutually negotiated between Medica and Nephros.
Minimum Sales Targets. Section 3.4 of the Agreement is hereby deleted in its entirety as of the Amendment Effective date and replaced with the following, including Exhibit 3 referenced therein which is attached hereto and made part hereof:
Minimum Sales Targets. 3.4.1 During the Royalty Term (defined in Section 4.2) Bellco shall comply with the quarterly sales targets set forth on Exhibit 3 attached hereto and made part hereof.
Minimum Sales Targets. Reserved.
Minimum Sales Targets. During the Royalty Term (defined in Section 4.2) Bellco shall comply with the following quarterly sales targets. Year Quarter Minimum Units 2015 First 15,000 Second 15,000 Third 15,000 Fourth 15,000 2016 First 15,000 Second 15,000 Third 15,000 Fourth 15,000 The failure of Bellco to meet the stated minimum sales targets in any given quarter will, at the discretion of Nephros, result in conversion of the license granted in Section 2.1 to non-exclusive status. Conversion of the license to non-exclusive status shall not alter the royalty rates to be paid by Bellco under Section 4.2, nor prejudice or otherwise serve to waive any other rights of Nephros under this Agreement.
