Net Revenue Split. All sales of Merchandise shall be made through ▇▇▇▇▇ Mart’s normal cash registers and by use of ▇▇▇▇▇ Mart’s normal sales recording equipment and will be identified with the Shoe Department. The Net Revenue from each sale of Supplier’s Merchandise, other than Internet Merchandise sold through the Website, shall be split 80% to Supplier and 20% to ▇▇▇▇▇ Mart. Commencing upon August 1, 2014 and continuing until ▇▇▇▇▇ Mart ceases managing fulfillment of customer orders of Internet Merchandise sold through the Website, the Net Revenue from such sales shall be split 70% to Supplier and 30% to ▇▇▇▇▇ Mart. The parties agree that, at a later date, Supplier will assume responsibility for the fulfillment of Internet Merchandise sold through the Website. ▇▇▇▇▇ Mart shall cooperate with Supplier in this transition. Beginning on the date DSW itself fulfills Internet Merchandise sold and thus eliminates the fulfillment of inventory through the third party provider, the Net Revenue from the sale Internet Merchandise shall be split 80% to Supplier and 20% to ▇▇▇▇▇ Mart.
Appears in 1 contract
Sources: Supply Agreement (Stein Mart Inc)
Net Revenue Split. All sales of Merchandise shall be made through ▇▇▇▇▇ Mart’s 's normal cash registers and by use of ▇▇▇▇▇ Mart’s 's normal sales recording equipment and will be identified with the Shoe Department. The Net Revenue from each sale of Supplier’s 's Merchandise, other than Internet Merchandise sold through the Website, shall be split 80% to Supplier and 20% to ▇▇▇▇▇ Mart. Commencing upon August 1, 2014 and continuing until ▇▇▇▇▇ Mart ceases managing fulfillment of customer orders of Internet Merchandise sold through the Website, the Net Revenue from such sales shall be split 70% to Supplier and 30% to ▇▇▇▇▇ Mart. The parties agree that, at a later date, Supplier will assume responsibility for the fulfillment of Internet Merchandise sold through the Website. ▇▇▇▇▇ Mart shall cooperate with Supplier in this transition. Beginning on the date DSW itself fulfills Internet Merchandise sold and thus eliminates the fulfillment of inventory through the third party provider, the Net Revenue from the sale Internet Merchandise shall be split 80% to Supplier and 20% to ▇▇▇▇▇ Mart.
Appears in 1 contract
Sources: Supply Agreement (DSW Inc.)